Inventory Management And Control Review Questions And Answers #3

1) What changes can be made to a physical inventory document only if no count has occurred for an item?

a. Change the planned count date
b. Set or unset the posting block or freeze book inventory
c. Set the deletion indicator
d. Create or change the physical inventory number
e. Change the stock type
 

2) You can enter counts from a physical inventory without reference to a physical inventory document 

(True/False).
 

3) In a basic one-step stock transfer within a plant, which of the following are true? 
(Choose all that apply)

a. Creation of an accounting document
b. Creation of material document
c. The goods issue and goods receipt are posted into a single document
d. The goods issue and goods receipt are posted into separate documents
 

4) Which of the following are true for stock transfers between two company codes? 
(Choose all that apply)

a. Results in the creation of a 2 material document
b. Results in the creation of a single accounting document
c. Results in the creation of an accounting document for each company code
d. Materials are valuated at the valuation price if the receiving plant
e. Can only be booked out of unrestricted-use stock
 

5) A Stock transport order can allow for which of the following? 
(Choose all that apply)

a. Planning of goods receipt at the receiving plant
b. Goods receipt can be posted directly to consumption
c. Goods can only be posted into unrestricted-use stock
d. Integration with MRP
 

6) In Logistics Execution, you can start the inbound process with a Goods Receipt or with the creation of a delivery. 

(True/False)
 

7) In Logistics Execution, which of the following are true? 
(Choose all that apply)

a. Warehouse numbers are assigned to only one plant
b. Shipping points can be assigned to more than one plant
c. Transportation planning points can be assigned to one or more plants
d. Transportation planning points are necessary for cost calculation
 

8) In the case of a transport order, the process can be monitored using the PO history. 

(True/False)
 

9) In physical inventory management, the list of differences contains information on each item for which of the following? 
(Choose all that apply)

a. Date
b. Quantity counted
c. Difference quantity
d. Book inventory
e. Different amount

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Answers:

1) c e

2) true

3) b c

4) a c d e

5) a b d

6) true

7) b

8) true

9) b c d e

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