NOTE: Ans highlighted in yellow color.

1. What type of transaction can we perform in item organization?

a. Miscellaneous Receipt
b. Miscellaneous Issue
c. Sub inventory transactions
d. None of the Above.
2. Is it possible to create customer transaction types?
a. Yes
b. No

3. Which transaction type we have to use to transfer material from one sub inventory to
another sub inventory
a. Miscellaneous Receipt
b. Sub inventory transactions
c. Inter Org Transfer
d. Movement Requests
e. None
4. Is it mandatory to perform cycle counting. ?
a. Yes
b. No
5. How many ways / methods are there to perform cycle counting
a. 2
b. 1
c. 3
d. 4
6. How to control Item creation access
a. Item Status
b. Item Class
c. Material Status
7. How to control material movement in organization
a. Item Status
b. Item Class
c. Material Status
8. Can we create custom Transaction Action?
a. Yes
b. No
9. Which two tasks must be defined to set up the Facilities Schedule?
a. Manage Facility Workday Patterns
b. Manage Facility Shifts
c. Manage Facility Holidays
d. Manage Facility Operations
e. Manage Facility Time Cards
10. Prerequisites to perform cycle counting
a. ABC Classification
b. Item Categories
c. Both
d. Either one
11. Which transaction type you will to transfer material from one org to another org.
a. Miscellaneous Receipt
b. Miscellaneous Issue
c. Sub inventory transactions
d. Organizational transfer
12. Which control is mandatory while creating the item?
a. Lot
b. Serial
c. Locator
d. Revision
e. None

1. What is the difference between Item org and inventory org.

2. Define the Difference Between Cycle Counting and Physical Inventory?
3. what is inter organization transaction and What Are The Prerequisite Set Ups required For
Inter Organization Transaction?
4. Explain difference between Movement Request is Sub inventory transfer
5. What is the use of item template?
6. Describe the various inventory transaction types
7. Describe various types of inventory control?
8. What is receipt routing and describe various types of receipt routing
9. Describe formula to find Available Qty
10. What is miscellaneous transactions ?
11. Explain UOM and UOM class ?
12. Explain the purpose of Material Status