Question 1

A storage location-to-storage location transfer involves which of the following?

Accepted Answer

A)  A stock transfer among several storage locations of two plants
B)  A stock transfer between two storage locations of two plants
C)  A stock transfer among several storage locations within the same plant
D)  A stock transfer between two storage locations within the same plant
E)  A stock transfer between or among at least two storage locations within one or more plantsF) C) and E)
G) A) and D)

Question 2

One of the steps of the inventory management process related to procurement is post goods issue.

Accepted Answer

A) True 
 B)False

Question 3

In plant-to-plant transfer in the two-step method,the FI document is created at the time of receipt.

Accepted Answer

A) True 
 B)False

Question 4

A storage location is a key organizational level associated with inventory management.

Accepted Answer

A) True 
 B)False

Question 5

A stock transfer involves physically moving materials.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following statements about the goods receipt step are NOT true?

Accepted Answer

A)  It results in a decrease in inventory.
B)  It can occur during the procurement process.
C)  It can result in the creation of material and financial accounting documents.
D)  Materials are placed in an appropriate storage location with an appropriate status.
E)  It can occur during the production process.F) B) and E)
G) A) and C)

Question 7

Transfer requirements can be created manually as well as automatically.

Accepted Answer

A) True 
 B)False

Exam 7: Inventory and Warehouse Management Processes

A stock transfer involves physically moving materials.

Correct Answer
verified

Transfer requirements can be created manually as well as automatically.

Correct Answer
verified

Which of the following statements about the goods receipt step are NOT true?

Correct Answer
verified

One of the steps of the inventory management process related to procurement is post goods issue.

Correct Answer
verified

A storage location is a key organizational level associated with inventory management.

Correct Answer
verified

A storage location-to-storage location transfer involves which of the following?

Correct Answer
verified

In plant-to-plant transfer in the two-step method,the FI document is created at the time of receipt.

Correct Answer
verified

Exam 7: Inventory and Warehouse Management Processes

A stock transfer involves physically moving materials.

Correct AnswerverifiedShow Answer

Transfer requirements can be created manually as well as automatically.

Correct AnswerverifiedShow Answer

Which of the following statements about the goods receipt step are NOT true?

Correct AnswerverifiedShow Answer

One of the steps of the inventory management process related to procurement is post goods issue.

Correct AnswerverifiedShow Answer

A storage location is a key organizational level associated with inventory management.

Correct AnswerverifiedShow Answer

A storage location-to-storage location transfer involves which of the following?

Correct AnswerverifiedShow Answer

In plant-to-plant transfer in the two-step method,the FI document is created at the time of receipt.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified