When does the system update the vendor balance with the amount to be paid for goods

received to inventory from a vendor?

On release of the accounts payable bill
On release of the general ledger transaction
On release of the purchase receipt
On release of the inventory receipt
On opening of the purchase order

How can you find the purchase receipts and accounts payable bills related to a particular
purchase order? (Select all possible methods.)
By running the Purchase Order Summary (PO610500) report
By reviewing the PO History tab on the Purchase Orders (PO301000) form
By running the Purchase Orders Receipt and Billing History (PO643000) report
By reviewing the Other Information tab on the Purchase Orders (PO301000) form
By running the Purchase Order Details by Account (PO612000) report

When does the system update the inventory on hand with the quantity and cost of goods
received by a purchase order?
On release of the bill
On opening of the purchase order
On release of the inventory receipt
On release of the purchase receipt

Suppose that the Return by Original Receipt Cost check box is selected on the Purchase
Orders Preferences (PO101000) form. Select the correct statement about processing
purchase returns in the system.
The system copies the state of the check box to purchase returns. However, you can clear the
check box in a purchase return document to return the items in this particular return at the
system-calculated cost.
The system processes all purchase returns at the original cost; you cannot override this
setting in a particular return document.
The system requires the user to specify at which cost the purchase return will be processed
for each particular item in the purchase return document.
Can you process a return of part of the purchased items?
Yes. You can correct the quantity in a purchase return line after you have prepared a
purchase return document.
No. Once a purchase return line has been added, it is processed with exactly the same
quantity as the one specified in the related purchase receipt.

For which document can you create a corresponding purchase return?

Purchase receipt
Purchase order
Inventory receipt

Select the steps that are mandatory for processing a sale of stock items by using a sales
order of the SO type.
Preparing an invoice to the customer
Printing a pick list
Preparing a shipment
Entering sales order lines
Confirming a shipment
Reserving items in inventory

The system automatically generates an inventory issue that decreases the item quantity in
inventory when a user does which of the following?
Saves a sales order with the Open status
Confirms a shipment
Prepares an invoice
Prepares a shipment for a sales order
Releases an invoice

From which of the following documents can you print the pick list?
Inventory issue
Sales order
 Shipment

You are processing an RC order for a return for credit. Select the response that describes
what you need to do to process the receipt of the returned items to inventory.
Create a corresponding shipment with the Receipt operation type on the Shipments
(SO302000) form and process it.
Create a corresponding inventory receipt on the Receipts (IN301000) form and process it.
Create a corresponding inventory issue with the Return transaction type on the Issues
(IN302000) form and process it.
Create a corresponding purchase receipt on the Purchase Receipts (PO302000) form and
process it.

Which order type can you use to perform a return of items for credit without replacement
of the items returned to inventory?
RR (Return with Replacement)
RC (Return for Credit)
RM (RMA Order)

Can you process a return of items for which you do not have an original SO invoice in the
system?
No. Only items linked to SO invoices can be added to a return order.
Yes, you can add an item to a return for credit without linking it to an SO invoice.
Select all correct statements about adding lines to a return order of the RR type.
Each line with a returned item must have a corresponding line with a replacement item.
Each line of the return order must be linked to the related sales order.
If the Auto-Create Issue check box is selected in a return line, the system adds the
replacement line for this return line automatically when the receipt of the returned item is
confirmed.

Which order type can you use to perform a return of items for credit if the customer has
asked for replacement of the returned items with new items at the same price?
RC (Return for Credit)
RM (RMA Order)
 RR (Return with Replacement)

Select all steps that are mandatory for processing a return for replacement for a particular
sales order.
Reserving the items in inventory
Printing a pick list
Preparing a receipt of the returned items
Preparing a shipment of replacement items
Confirming the receipt and shipment
Preparing a credit memo to the customer
Adding lines with replacement items
Adding lines with the returned items linked to the original sales document
1. When does the system update the inventory on hand with the quantity and cost of goods received by
a purchase order?

On release of the inventory receipt

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2. To process a purchase of stock items, you create a purchase order of which type?

Normal
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3. How can you find the purchase receipts and accounts payable bills related to a particular purchase
order? (Select all possible methods.)

By reviewing the PO History tab on the Purchase Orders (PO301000) form

By running the Purchase Orders Receipt and Billing History (PO643000) report
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4. For users to process vendor returns at the original cost, a reason code of which usage type must be
defined and specified on the Purchase Orders Preferences (PO101000) form?

Vendor Return
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5. Can you process a return of part of the purchased items?

Yes. You can correct the quantity in a purchase return line after you have prepared a purchase return
document.
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6. Suppose that the Process Return with Original Cost check box is selected on the Purchase Orders
Preferences (PO101000) form. Select the correct statement about processing purchase returns in the
system.

The system copies the state of the check box to purchase returns. However, you can select another
option in a purchase return document to return the items in this particular return at the system-
calculated cost or at the cost that you input manually.
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7. Select the correct statements about reserving items.

The system automatically reserves stock items for sales orders of the SA type.
You can manually reserve stock items for sales orders of the SO type.
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8. Select the steps that are mandatory for processing a sale of stock items by using a sales order of the
SO type.

Confirming a shipment
Entering sales order lines
Preparing a shipment
Preparing an invoice to the customer
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9. From which of the following documents can you print the pick list?

Shipment
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10. Select all steps that are mandatory for processing a return for credit for a sales order.

Adding lines with the returned items linked to the original sales document
Confirming the receipt
Preparing a credit memo to the customer
Preparing a receipt of the returned items
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11. Which order type can you use to perform a return of items for credit without replacement of the
items returned to inventory?

RC (Return for Credit)

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12. You are processing an RC order for a return for credit. Select the response that describes what you
need to do to process the receipt of the returned items to inventory.

Create a corresponding shipment with the Receipt operation type on the Shipments (SO302000) form
and process it.
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13. Select all steps that are mandatory for processing a return for replacement for a sales order.

Adding lines with replacement items

Confirming the receipt and shipment
Preparing a receipt of the returned items
Preparing a shipment of replacement items
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14. You are processing an RR order for a return for replacement. Select the response that describes what
you need to do to process the receipt of the returned items to inventory.

Create a corresponding shipment with the Receipt operation type on the Shipments (SO302000) form
and process it.
↑ Change this answer
15. Which order type can you use to perform a return of items for credit if the customer has asked for
replacement of the returned items with new items at the same price?
RR (Return with Replacement)
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