|Exam Name||:||Solomon 6.0 Inventory and Order Processing|
|Questions and Answers||:||300 Q & A|
|Updated On||:||March 22, 2018|
|PDF Download Mirror||:||MB4-219 Brain Dump|
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manhattan--(business WIRE)--INTURN, the first on-line B2B industry created mainly for manufacturers to correctly and easily promote conclusion-of-season / excess stock to agents, today announced that it's increasing its administration crew with the appointment of former eBay govt David Solomon as Chief earnings Officer and former Amazon.com customer journey professional Tamara Adlin as Chief adventure Strategist. As part of the growth, the company additionally introduced its new company headquarters at 33 West 17th road.
“David’s means to impulsively assess and optimize company and market alternatives, coupled with Tamara’s success in innovating the customer event will be instrumental in our ongoing effort to streamline the buying/selling method of extra stock with a B2B utility answer that makes a speciality of ease and usefulness,” observed Ronen Lazar, INTURN’s CEO and Co-Founder. “As we continue to modernize the realm of off-cost inventory for attire, sneakers and accessories manufacturers, we're delighted to be expanding our abilities with such effective and confirmed trade talent.”
Mr. Solomon joins INTURN with practically 25 years of business development knowledge, including more than 14 years at eBay Inc., the place he lead enterprise enterprise construction and Implementation throughout eBay’s industry, PayPal and GSI contraptions, and in the past lead company construction sales, Operations and Finance at GSI Commerce. In his new function, Mr. Solomon is accountable for using INTURN’s international demand through new company development, strategic partnerships and client relations, while leveraging his capabilities in building high-performing teams to facilitate quick growth and preserve cost. Mr. Solomon holds an MBA from the Wharton school of company and a BS in Mechanical Engineering from the college of Pennsylvania faculty of Engineering and utilized Sciences.
Ms. Adlin joins INTURN as a identified innovator in transforming the customer experience. She turned into in the past a customer adventure team supervisor at Amazon.com and went on to check with for a wide array of businesses, akin to well known tech industry leaders including Apple, facebook, and Zillow, to assist remedy each floor and systemic concerns that have an effect on the client event. Ms. Adlin is additionally the co-writer of The Persona Lifecycle: maintaining people in mind all the way through Product Design with Microsoft government John Pruitt, and The fundamental Persona Lifecycle, published in may also 2010. She has a grasp’s diploma in Technical conversation from UW.
“INTURN is revolutionizing a local of retail that has been long underserved, and that i am overjoyed to support the enterprise reshape the multi-billion dollar off-fee market and past,” observed Mr. Solomon. Ms. Adlin persevered, “i'm excited concerning the laser-focal point on client wants and user-established design that we’ve developed at INTURN; a deep realizing of the techniques off-price company is carried out these days is enabling us to create ingenious application so that it will revolutionize the way manufacturers and patrons work collectively.”
in their new roles, Mr. Solomon and Ms. Adlin will report without delay to Mr. Lazar and help force growth of INTURN’s inventive off-fee stock platform. As part of this effort, the business introduced that it is opening new corporate headquarters in manhattan metropolis, located at 33 West seventeenth street.
INTURN is the first international marketplace to efficiently and easily promote conclusion-of-season/extra inventory to retailers in private on-line showrooms. INTURN’s first vertical center of attention is exceptionally built for style and apparel manufacturers. This market gives computerized equipment to replace what's a guide, painstaking, error-inclined procedure. The result is an answer that gives a magnificent chance to raise profitability. INTURN is designed and led by using retail trade veterans and expertise specialists. For greater assistance discuss with www.inturn.co.
This documentation is archived and is not being maintained.Technical Reference
evaluate examples of how Dynamics AX helps the Microsoft IT ERP method to supply strategic insight and productiveness for the enterprise. Microsoft IT discusses how options were carried out the use of the extensibility and interoperability of Dynamics AX across different enterprise workloads.
items & technologies
Microsoft IT helps greater than 100,000 personnel international by proposing key infrastructure and line-of-company (LOB) functions to clients and business agencies within Microsoft. Microsoft it works intently with company and product teams to more suitable take into account their methods, gather business necessities, and advance technology options. At an commercial enterprise company the size of Microsoft, pleasurable this mission regularly requires wide planning to make certain that all users of a brand new solution have access to the performance and working towards that they need to do their jobs.
As a flexible and extensible utility for aiding agencies, Microsoft Dynamics AX gives the performance and performance that an IT corporation requires to deliver these capabilities to clients. When commercial enterprise business challenges arise at Microsoft IT—such because the need to help a new company unit, expand features to new places of work, or change ageing techniques—Microsoft IT faces the commonplace concern: What class of solution will meet our enterprise wants, and the way do we put into effect the solution with at the very least custom development and worker impact? in many contemporary cases, for Microsoft IT the reply became to installation Microsoft Dynamics AX.
Microsoft, like many business organizations, uses two-tier business resource planning (ERP) for its company method structure. With two-tier ERP, a chief ERP device centrally manages core business information, whereas a second tier of ERP options—with connectivity to the simple device—gives interesting features and workflows to particular person strains of business.
through the use of this two-tier strategy, Microsoft it might probably aid the groups it supports to develop and adapt their ERP to satisfy certain business needs with no need to plot and enforce huge changes to the core ERP tier. The ensuing structure resembles a wheel hub and varied spokes, with each spoke representing connectivity of the simple hub ERP equipment to each second-tier ERP solution.
At Microsoft, SAP is the fundamental administrative ERP gadget (or, the corporate hub) for financial statistics. Microsoft IT makes use of Microsoft Dynamics AX as the second-tier answer (or, the business spoke) for a lot of company areas. This two-tier model is critical to a growing to be variety of business techniques inside Microsoft IT.
We enable these situations by using building workloads into the core of the solution. no matter if it’s retail, manufacturing, distribution, skilled capabilities, or worker price management, there are core initiatives that every organization has to comprehensive. Dynamics AX solutions are constructed round these workloads. Our method considers how these company strategies are done within the context of the workload and the way these approaches are linked to satisfy an effect in the context of our supplier.
because we take a workload strategy, we eradicate a great deal of the risk from very large and complicated ERP implementations and we respond at once to changes within the company. A workload can: consist of an individual business system akin to rate administration, reply the needs of a subsidiary or acquisition, or tackle the operational requirements of a manufacturing or retail operation.
The Microsoft Retail solution addresses the business want for managing retail stock and supply chain by using capabilities in Dynamics AX. Financials will also be posted in AX and despatched asynchronously to SAP in batch mode. in a similar fashion, expanding manufacturing operations will not have an effect on expanding the international roll out of Dynamics AX into a consulting enterprise.
With Dynamics AX, Microsoft takes competencies of industry surest practices and top-rated-of-breed options so that we don’t need to add boutique, custom-built options to work with the core ERP tier. both-tier ERP strategy, mixed with workload-primarily based implementation in Dynamics AX and the want for flexibility to adapt and change or improve company programs one workload at a time, is why Microsoft designs its enterprise purposes suite as an entire solution seamlessly composed of one after the other deployable ERP functions.
Three Microsoft Dynamics AX implementations that run utility modules for order processing, supplier management, and expense reporting.
A Microsoft Dynamics AX 2012-based mostly answer to control mission accounting for its personal consulting engagements, with a purpose to birth in 2015.
In an offline worksheet-based and Microsoft InfoPath forms-primarily based cost reporting answer, clients have been challenged with the aid of inconsistent UIs. there were no standardized company procedures for managing employee rate experiences throughout the subsidiaries’ workplaces.
MS expense 2.0 changed into deployed, powered through Microsoft Dynamics AX. The solution was developed and configured to replicate unified enterprise procedures throughout all Microsoft worldwide subsidiary workplaces.
offers an more suitable consumer event with contemporary home windows laptop and get in touch with applications to supplement a common web-primarily based fee UI configured with localized information. The solution offers better reporting and permits for imported company credit-card transactions and direct bank card and user reimbursements.
position-based mostly person event; massive good points in compliance, efficiency, and efficiency; convenient entry to more consistent company intelligence (BI) statistics.
Like many big organizations, Microsoft uses an fee administration procedure to compile worker cost reports and receipts and to reimburse personnel. over the years, the tools and methodologies that help this procedure grew inefficient. distinctive geographic areas used different consumer interfaces to achieve the expense reporting workflows and methods, leaving Microsoft IT and not using a centralized tool to manage and aid them. backyard the us, the procedure relied on clients submitting Microsoft Excel spreadsheets that had been then uploaded to SAP.
Microsoft IT developed MS fee 2.0 as an answer to enrich the user journey of submitting and managing expense studies and to make it less difficult to educate and help users. developed on Microsoft Dynamics AX 2012, MS fee 2.0 gives a home windows utility, a mobile app that runs on windows and other mobile OS structures, and a web-based mostly cost management person interface. The person adventure is configured with different alternatives in accordance with each and every country and workplace’s wants. As a superb ERP business answer, MS rate 2.0 is deployed as a LOB utility modelled on two-tier ERP, providing new, streamlined functionality to clients whereas transactional information is posted in SAP in the historical past.Deployment:
First deployed in the united states and a couple of overseas places of work (begun with 7000+ clients).
In closing three years, the answer has been rolled out to greater than forty subsidiary places of work with a user base of 48,000+ clients.
The solution at present has ninety five,000+ clients, with world rollout to all of Microsoft scheduled in future phased deployments.
Microsoft Dynamics AX 2012 R3.
AIF (utility Integration Framework). makes it possible for integration and communique with other company procedures and partners, and makes it possible for greater relaxed enterprise-to-company and software-to-utility integration situations.
BizTalk Server. Middleware answer for 2-tier ERP that streamlines message transactions between the simple hub and business spokes.
Merging of many applied sciences resulted in numerous billing engines that have been expensive to help.
A single system that merges multiple billing programs the usage of Microsoft Dynamics AX and that helps customer-facing and partner-facing procedures and the regional MBS operation facilities.
Replaces eighty+ servers with a hybrid solution of Dynamics AX and custom .net functions. Is integrated with the company SAP gadget and with third-party success and print vendors. Synchronizes master data with SAP gadget. promises economic effects to SAP system.
Streamlined order-to-money application as a part of conclusion-to-conclusion order management, tracking, and fulfillment.
Order imperative allows Microsoft to get hold of orders from companions that sell Microsoft Dynamics items. As part of this equipment, Order imperative makes use of Microsoft Dynamics AX to technique invoices and control payment collections. Microsoft enterprise options (MBS) is the crew within Microsoft that fulfills these orders. as a result of several product acquisitions over the years similar to great Plains, Solomon, Navision, and Axapta, the old order monitoring programs used via MBS had been distinct and didn't talk effortlessly with different programs. through designing and imposing the order-to-cash capabilities as a standalone workload of Order important the use of Dynamics AX, Microsoft IT met the business wants of MBS with the aid of featuring an conclusion-to-end integrated order management solution.Deployment:
beginning with first implementation of the answer on Dynamics AX four.0, the solution has grown in deployment phases over nine years, together with the contemporary improve and migration to Microsoft Dynamics AX 2012.
The solution helps 300+ clients, in the main in database operations equivalent to order processing, invoicing, and bills receivables.
Three-month effort to enable new enterprise onboarding with AX 2009. section 2 will retire AX 2009 and convey all company services onto AX 2012 R3 or AX 7.
totally featured manufacturing planning, order management, inventory, and forecasting equipment using two-tier ERP.
less complicated getting to know of media the usage of Microsoft Dynamics AX; administration and visibility of end-to-end construction.
guide records entry discontinued; 20 % reduction in sales processing; more advantageous integration with company techniques.
The Microsoft Operations Puerto Rico (MOPR) crew believes that fast re-implementations to support their “dwell latest’ approach are viable. They understand that inserting an ERP solution collectively in three months requires energetic communication, robust pass-organization partnerships, and a lot of coffee, and that they relied on these issues as they collaborated with Strategic commercial enterprise services and the Microsoft Dynamics crew to implement Dynamics AX 2012.
The MOPR group manufactures Microsoft product CDs and DVDs then ships them downstream for packaging. To top-quality guide these end-to-end company procedures, the configuration of Dynamics AX during this atmosphere needs to be elegant and powerful, yet basic adequate to retain pace with the newest and most efficient updates delivered from the product team. collaborating with key americans across varied teams, MOPR is cutting back configuration complexity and simplifying processes for onboarding new business.
truly, the group decreased product customizations from more than 60 p.c to less than 10 percent through amazing leadership, collaboration with Microsoft IT and company manner owners, and important improvements in Dynamics AX. The 5 simple goals for the task were to:
permit MOPR to onboard new businesses quicker and extra efficiently.
Simplify tactics to increase crew and client satisfaction, shop time, and in the reduction of charges.
Mitigate the hazards caused through a number of IT gadget accessories achieving end-of-life guide.
improve the skill to maintain the product present at less rate.
showcase how a producing entity at Microsoft is the usage of the latest AX expertise.
in the beginning scoped to be comprehensive by June 2015, the venture was accelerated to carry on new business. using a blended waterfall/agile method, the group deploy a 2012 R3 system in April, with the leisure of the challenge set to complete in early FY16.Deployment:applied sciences:Microsoft Retail stores
vital to instantly get up a fully functioning, cost effective ERP solution for retail. This answer mandatory to integrate with Microsoft company programs because the key engine for POS.
Developed a Microsoft Dynamics AX-primarily based solution using built-in components and customization.
brief and constructive retail answer that manages key keep operations in stock, financials, replenishment, and revenue, and interacts seamlessly with stationary and cell POS.
Scalable retail workflows and operations implemented at more than a hundred and ten retailers globally.
In 2009, the Microsoft Retail keep crew had about six months to strengthen the know-how crucial to open, function, and assist the first Microsoft retail brick and mortar retailers. It needed to be: (1) an answer that could be simply adopted out-of-box and customised as mandatory, (2) low-budget to set up and aid the initial set of outlets, (three) scalable for future boom, (4) integrated with POS, (5) integrated with inside company systems used through supply chain and finance, and (6) guide up-to-the-minute stock, reporting, forecasting, product studying, promotions and pricing, distribution center communications, and inventory planning and procurement.
This implementation of Microsoft Dynamics AX 2009 manages the merchandizing and in-store fiscal transactions of more than a hundred and ten outlets across the us and Canada. Microsoft Retail keep is also piloting Microsoft Dynamics 2012 R3 in Puerto Rico, leveraging a brand new contemporary POS client, more promotions performance, an automatic tax engine, a windows cellphone cellular POS customer, and integration with customer relationship administration and mobile equipment administration methods for marketing lifecycle and nurture campaigns. As Microsoft Retail continues to add outlets internationally, a common out-of-box 2012 R3 installing will meet the working needs backyard the us, Canada and Puerto Rico.Deployment:
Microsoft Dynamics AX 2012 R3 in Puerto Rico
Lack of a functions end-to-conclusion project planning solution; lack of timecard administration capabilities.
New economic management tool typically developed the usage of developed-in Microsoft Dynamics AX performance.
integrated time reporting for personnel; gives BI reporting for greater budgeting, capacity plans, and use.
tremendous anticipated positive aspects in effectivity from improved BI aid for knowledgeable services initiatives.
The finance arm of Microsoft IT necessary a far better way of tracking the fees linked to its IT tasks, beginning with a higher view of the time that personnel have been spending on numerous consulting tasks. up to now, Microsoft IT has now not used the total capabilities of time reporting software to tune this suggestions, which caused difficulties with budgeting and capability planning for future tasks.
by using developed-in performance it really is obtainable in Microsoft Dynamics AX 2012, Microsoft IT all started setting up the IT Finance Transformation initiative. The resulting answer will include a time reporting feature. Microsoft it's going to use the records from this for extra accurate venture accounting, budget forecasting, and useful resource management on Microsoft IT engagements.
by means of changing the previous tool, Microsoft IT and the finance department will not require assorted integration features to different functions to perform the desired capabilities. the new IT Finance deployment of Microsoft Dynamics AX will simplify statistics administration and processing by using co-locating all services in an integrated equipment. as a result, Microsoft it's going to have an IT Finance toolset for project accounting that allows productive construction and venture beginning greatest practices.Deployment:technologies:
in the reduction of the time and value of custom construction by using and adapting the developed-in capabilities and performance of Microsoft Dynamics AX.
For greater agility, create reusable add-ons in accordance with the core Microsoft Dynamics AX purposeful varieties.
facts exceptional is elementary to a very good ERP answer. Spend the time to outline records constructions before beginning to construct an answer.
Two-tier ERP is a favorite mannequin for a lot of commercial enterprise companies. in case your IT has a first-rate ERP gadget it is costly to customize, look for tactics to use Microsoft Dynamics AX on a 2nd-tier company spoke ERP methods to convey cost for individual enterprise needs.
Microsoft Dynamics AX continues to supply high price to the company organizations served with the aid of Microsoft IT. The extensible structure of Microsoft Dynamics AX enables for the bendy mapping of its capabilities to the company requirements of many daily Microsoft operational areas. The fresh implementations described right here give true-existence scenarios for the usage of Microsoft Dynamics AX to run distinct aspects of business company.For greater counsel
Microsoft Dynamics AX: put up-up to date ERP it truly is relocating its core capabilities to the cellular first, cloud first.
For greater advice about Microsoft items or services, call the Microsoft revenue information center at (800) 426-9400. In Canada, name the Microsoft Canada Order Centre at (800) 933-4750. outside the 50 united states and Canada, please contact your local Microsoft subsidiary. To entry guidance by the use of the around the world internet, go to:
© 2015 Microsoft agency. All rights reserved. Microsoft and home windows are either registered trademarks or trademarks of Microsoft corporation in the u.s. and/or different countries. The names of exact companies and items outlined herein may be the trademarks of their respective homeowners. This document is for informational functions most effective. Microsoft MAKES NO WARRANTIES, express OR IMPLIED, during this summary.
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MB4-219 Certification Brain Dumps Source : Solomon 6.0 Inventory and Order Processing
Test Code : MB4-219
Test Name : Solomon 6.0 Inventory and Order Processing
Vendor Name : Microsoft
Q&A : 300 Real Test Questions/Answers
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1 ">MB4-219 Microsoft Solomon 6.0 Inventory and Order Processing : Pass4sureofficialm is a reputable IT certification examination guide, study guides and audio exam provider, we not only ensure that you pass your ">MB4-219 exam in first attempt, but also you can get a high score to acquire Microsoft certification. If you use pass4sureofficial ">MB4-219 Certification questions and answers, you will experience actual ">MB4-219 exam questionsanswers. We know exactly what is needed and have all the exam preparation material required to pass the exam. Our Microsoft exam prep covers over 95% of the questions and answers that may be appeared in your ">MB4-219 exam. Every point from pass4sure ">MB4-219 PDF, ">MB4-219 review will help you take Microsoft ">MB4-219 exam much easier and become Microsoft certified. All the QuestionsAnswers are taken from real exams. Here's what you can expect from the Pass4sureOfficial Microsoft ">MB4-219 course: * Up-to-Date Microsoft ">MB4-219 questions taken from the real exam. * 100% correct Microsoft ">MB4-219 answers you simply can't find in other ">MB4-219 courses. * All of our tests are easy to download. Your file will be saved as a ">MB4-219 PDF. * Microsoft ">MB4-219 brain dump free content featuring the real ">MB4-219 test questions. Microsoft ">MB4-219 certification exam is of core importance both in your Professional life and Microsoft certification path. With Microsoft certification you can get a good job easily in the market and get on your path for success. Professionals who passed Microsoft ">MB4-219 exam training are an absolute favorite in the industry. You will pass Microsoft ">MB4-219 certification test and career opportunities will be open for you.
2 Question: 1 Which of the following is a feature of Kitting in the Inventory module? A - KITS CAN BE STOCK OR NON-STOCK INVENTORY ITEMS B - STOCK KITS CAN BE ASSEMBLED AND DISASSEMBLED C - NON-STOCK KITS CAN BE ASSEMBLED AND DISASSEMBLED D - NON-STOCK ITEMS CAN BE COMPONENTS OF A STOCK KIT Answer: A, D Question: 2 Which inventory valuation method is used for items that receive a cost at the time of sale? A - User-Specified Cost B - Average Cost C - Standard Cost D - FIFO Answer: A Question: 3 A customer has run the Update Standard Costs from Pending process to revalue the inventory Update Standard Costs from Pending process to based on the new standard cost values. Which of the following Inventory screens can be used todard cost values. Which of the following Inventory view the batch that is created by this process?reated by this process? A - Issues B - Receipts C - Adjustments D - Standard Cost Previewiew Answer: C Question: 4 When the Tag Controlled Physical Inventories field is not checked in the lnventory Setup screen, which of the following applies? A - Tag numbers are sequentially assigned by the system to each item to be counted. B - The tag number starts at the number one each time a physically inventory is performed. C - The tag number is a controlled number that must be unique for all tags on all physical Inventories. D - All physical inventory functions are disabled in the Inventory module. Answer: A, B Question: 5 Which screen and module is used to define the length and number of segments of the Inventory ID? A - The Flexkey Table Maintenance screen in the Shared Information module B - The Flexkey Definition screen in the Shared Information module C - The Inventory Setup screen in the Inventory module D - The Flexkey Definition screen in the Inventory module Answer: B
3 Question: 6 When a return of a stock kit is processed, how are inventory quantities affected? A - The quantities of the kit component items are increased based on the definition of the kit at the time the kit was assembled B - The quantities of the kit component items are increased based on the definition of the kit at the time the return of the kit is processed C - Since a return of kit items is not allowed in the Inventory module of Solomon, inventory quantities are not affected D - The quantities for the kit inventory item are increased, the return has no effect on any of the component item quantities or costs. Answer: D Question: 7 Unit Conversions can be set up and used for which of the following? set up and used for which of the following? A - Specific inventory itemem B - Specific product classss C - Global - All inventory items items D - Specific product line Answer: A, B, C Question: 8 When using the Issues screen in the Inventory module, which line types create a customer screen in the Inventory module, which line types c invoice in the Accounts Receivable module? Receivable module? A - Invoice B - Issue C - Return D - The Issues screen cannot be used to update customer balancescannot be used to update customer balances Answer: D Question: 9 A client has determined that inventory data entry personnel are frequently making errors resulting from the clerks being confused and overwhelmed by the information in the account and subaccount possible values windows. Which is the best method to reduce these errors? A - Implement policies that require all new inventory data entry clerks to be trained on the meaning and use of General Ledger account numbers. B - Only allow management level personnel to create inventory transactions that might require an account code other than the default accounts. C - Set up reason codes with the appropriate General Ledger accounts. D - Set up the access rights on the chart of accounts so that inventory clerks can only see the accounts that are applicable to their job. Answer: C Question: 10 Which of the following screens in the Inventory module is used to perform a two-step transfer? A - Transfers and Adjustments B - Transfers and Receipts
4 C - Transfers and Issues D - Issue and Receipts Answer: B Question: 11 A client is using the Inventory and the Order Management modules. What types of documents can the client enter directly into the Inventory Issues screen? A - Issue B - Invoice C - Debit Memo D - Return Answer: A, D Question: 12 Which of the following inventory item valuation methods require a receipt number to be enterednventory item valuation methods require a receipt when adjustments are made in the Adjustments screen in the Inventory module?made in the Adjustments screen in the Inventory m A - FIFO B - Average C - LIFO D - User-Specified Answer: A, C Question: 13 Which inventory valuation method does ‘not’ require the entry of the item’s cost when entering aon method does ‘not’ require the entry of the item’s Receipt? A - LIFO B - Average Cost C - FIFO D - Standard Cost Answer: D Question: 14 Which functions can be performed in the Kit Assembly screen of the Inventory module? A - Assemble Stock Kits B - If the Allow Non-Component Assembly field in IN Setup is checked, items not originally a component of the kit can be added to the kit. C - If the Verify Quantity field in the Inventory Item screen for the Kit is checked, items not originally a component of the kit can be added to a kit. D - Assemble Non-stock Kits Answer: A, B Question: 15 Which of the following are reasons for setting up Unit Conversions in the Inventory module? A - At least one unit conversion is required. is required. Get Certified measure that are diffGet Certified measure that are different from the stocking unit B - Inventory items are in
5 C - There are multiple physical storage sites for storing inventory items D - Inventory items are sold in units of measure that are different from the stocking unit Answer: A, B, D Question: 16 Which functions can be performed when multiple inventory sites have been set up? A - Inventory items can be stored in multiple sites B - Inventory items can be transferred between sites C - Inventory items can be sold to customers from different sites D - Physical attributes can be defined and associated with each site Answer: A, B, C Question: 17 When the Update GL for All Inventory Transactions field is checked in the Inventory Setup All Inventory Transactions field is checked in the screen, which of the following applies?lowing applies? A - Only transactions created in the Issues and Receipts screens update the General Ledgerreated in the Issues and Receipts screens update B - Transactions created in the Adjustments screen update the General Ledger in the Adjustments screen update the General L C - Transactions created in the Receipts screen update the General Ledger in the Receipts screen update the General Ledg D - Transactions created in the Issues screen update the General Ledger in the Issues screen update the General Ledger Answer: B, C, D Question: 18 Which inventory valuation method is used to maintain cost layers for items based on receipton method is used to maintain cost layers for items date? A. Specific Identification B - Average Cost C - FIFO D - User-Specified Cost Answer: C Question: 19 Which feature in the lnventory module can be used to associate characteristics to inventory items for searching purposes? A - Physical Attributes B - Physical Cycles C - Product Classes D - ABC Codes Answer: A Question: 20 Which of the following inventory valuation methods is not supported by the Solomon lnventory module? A - Average B - FIFO C - LIFO
6 D - Justin Time Answer: D Question: 21 A company needs the ability to perform a partial physical count on a group of items that are not based on the cost or sales activity of the inventory items. Which of the physical inventory fields on the Physical Cycle tab in the Inventory Items screen can be used to meet the needs of this client? A - Movement Class B - Cycle ID C - ABC Code D - Product Class Answer: B Question: 22 A company receives goods to a particular location for the purpose of inspection before the itemsoods to a particular location for the purpose of inspe can be sold. When the goods pass inspection they are moved to another location. The inspectiongoods pass inspection they are moved to another site has Qty Available “unchecked”, how should the Sales Allowed field be set?unchecked”, how should the Sales Allowed field be A - Check No Sales Allowed for the inventory siteowed for the inventory site B - Check No Sales Allowed for the warehouse bin locationowed for the warehouse bin location C - Check No Sales Allowed for the product classowed for the product class D - Check No Sales Allowed for the product lineowed for the product line Answer: B Question: 23 The Release IN Batches screen in the Inventory module only displays batches that have which of screen in the Inventory module only displays bat the following statuses? A - Hold B - Balanced C - Unposted D - Partially Released Answer: B, D Question: 24 Which feature in the Inventory module can be used to set up the part numbers of the manufacturers to streamline the entry of Purchase Orders and Sales Orders? A - Item Cross Reference B - Product Classes C - Reason Codes D - Product Class Cross Reference Answer: A Question: 25 When cost of goods sold is calculated for the sale of average cost items, at which level of detail is the average cost found? A - Inventory Item
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