Study guide from Microsoft MB3-529

Question: 1
Inventory control allows for tracking of "expired a lot". What are the methods that can be used to
monitor a lot expired? Choose the 2 that apply.

A. date of receipt of the
B. the date of expiry of
C. the date of registration of
D. user data

Answer: A, B

Question: 2
Which inventory report will give you details for each item of inventory together with the total value of
your inventory?

Inventory valuation report.
B. Inventory Stock Status report
C. inventory Aging report
Report inventory balances.

Answer: B

Application: 3
Entering item maintenance window, the list price and currency decimal fields will be
disabled when which of the following situations exist?

A. the element type is Kit.
B. the price method isn't defined as percent of list price.
C. the article is marked as a serial element
D. multi-currency is a registered module.

Answer: d

Question: 4
What is the purpose of "define an account segment" inventory control?

A. It can be used to represent a site inventory
B. It can be used to insert elements
C. can be used to transfer items from one site to another
Q. can be used to delete items

Reply:

Question: 5
When the results of the physical count are processed through the functionality of the stock count,
quantities are adjusted in the inventory and amounts are adjusted in general ledger.
Which accounts are used for automatic posting in the ledger? Choose the 2 that apply.

A. Inventory Offset
B. inventory
C. variance
D. the cost of goods sold

Answer: B, C
Question: 6
What GP modules integrate with the inventory control module? Choose the 2 that apply.

A. sales order processing
B. fixed assets
C. management of credits
M. ledger

Answer: A, D

Question: 7
What determines if an item on a stock count can be processed?

A. If the item is counted
B. If the item is captured
C. If the item was checked out
D. If the item is allocated

Answer: C

Question: 8
As an adaptation to a cost of item in the Inventory Adjust costs affects
Inventory and General Ledger?

A. update the cost of the item in your inventory and records an adjustment to General Ledger
B. update the cost of the item in your inventory, but did not publish an adjustment to General Ledger
C. does not update the cost of the item in your inventory, but creates a batch in inventory control
manually publish.
M. does update the item cost in inventory, but will post an adjustment to General update
Amount of overhang.

Answer: B

Question: 9
The inventory control module allows for the delivery items in transit. In order to keep track of these
deliveries there are statuses associated with each delivery. Describes what status description
When items are en route to the destination site?

A. caught
B. packed
C. shipped
M. transferred

Answer: C

Question: 10
A number of bin can be assigned to which of the following?

A. specific site IDs
B. the "all" site ID
C. specific lots
M. unassigned site IDS

Reply:

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