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TERP10 UNIT 9 (IWM)

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Title of test:
TERP10 UNIT 9 (IWM)

Description:
Warehouse and Inventory Management

Author:
pio1999
(Other tests from this author)

Creation Date:
21/05/2013

Category:
Computers

Number of questions: 25
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Content:
Material document line items include which of the following data? (choose 3) Document date Document number Material number Quantity Movement type.
Material document headers include which of the following data? (choose 2) Document date Document number Material number Quantity Movement type.
Which of the following categories of goods movements always involve a physical movement of materials? (choose 3) Goods receipt Goods issue Stock transfer Transfer posting Stock transport order.
Which of the following goods movements will always generate an accounting document? (choose 2) S Loc to S Loc Plant to Plant within a CC Plant to Plant between two CCs CC to CC.
Which of the following are advantages of using a stock transport order? (choose 3) Allows movement between company codes Allows movement to be included in MRP planning Allows for tracking of progress Allows the sending plant/company to invoice the receiving plant/company.
Which of the following statement about Goods Movements are correct? (choose 2) A Goods Receipt decreases the warehouse stock Movement of Inventory between plants is completed with a stock transfer Transfer postings result in a physical move of inventory A Goods Issue decreases the warehouse stock.
Which of the following are examples of stock transfers? (choose 2) Quality Inspection to Unrestricted Use movement Storage location to storage location movement Material to Material Movement (change the material number) Plant to Plant movement.
Which of the following are true regarding S Loc to S Loc goods movement using two steps? (choose 3) Only materials of the type “unrestricted use” can be moved One material document is created One accounting document is created material must first be received into “stock in transit” User must be authorized for both organizational levels (S Locs).
Which of the following statements are true regarding a warehouse? (choose 3) A warehouse is associated with one or more storage locations If WM is enabled, all storage locations must be assigned to a warehouse A storage location can be assigned to only one warehouse Storage locations from different plants can be assigned to the same warehouse Warehouses are master data.
Which of the following are examples of storage types? (choose 3) Bulk storage GR interim storage area Storage for fast moving items Row-shelf-bin numbers Storage for heavy items.
Which of the following statements regarding quants are true? (choose 4) A quant identifies stock of materials with the same characteristics All materials in a bin with the same material number will be in the same quant A user can add and delete quants as needed A quant is automatically deleted when its value reaches zero A quant can only be created and deleted by a goods movement.
Which of the following are examples of storage sections? (choose 2) Bulk storage GR interim storage area Storage for fast moving items Row-shelf-bin numbers Storage for heavy items.
Which of the follow are true regarding the link between IM and WM, when WM is enabled? (choose 2) A goods movement will automatically create a transfer requirement A transfer requirement must be explicitly created to take advantage of WM capabilities Interim storage areas are used to temporarily hold materials Activity in IM always precedes activity in WM Picking and putaway occur in IM.
A goods movement from one stock type (status) to another generates a material document. True False.
A goods movement from one stock type (status) to another generates an accounting document True False.
A stock transport order is a purchase order used to move goods between plants. True False.
A material document is created for every goods movement. True False.
An accounting document is created for every goods movement. True False.
In a plant to plant stock transfer, materials are valued at the valuation price of the receiving plant. True False.
Storage types are used to divide the space in a warehouse based on the characteristics of the space, materials, or activity. True False.
Storage bins are mapped to coordinates in a physical area True False.
Interim storage types are the link between IM and WM True False.
When WM is enabled the person preparing shipment of a sales order must create an outbound delivery and a transfer requirement True False.
Stock transfers involve both a goods issue and a goods receipt True False.
Customer returns is an example of a process involving a goods receipt True False.
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