MB3-209 - Microsoft Business Solutions - Great Plains 8.0 Inventory and Order Processing
Go back to Microsoft
Batch IDs are required on which of the following document types in Sales Transaction Entry? Mark all that apply.
Which of the following are characteristics of a discontinued item? Mark all that apply.
Can be deleted during the Inventory Year-end Close if the item has a zero quantity
Can be marked as discontinued at any time, even if quantities exist on hand
Which of the following document types in Sales Transaction Entry can be posted? Mark all that apply.
The Ship To address was changed on an invoice by clicking on the expansion box on the address in the Sales Customer Detail Entry window. Where will this change take effect?
The new address will only be saved on this invoice.
Where does the document date default from when you initially open the Sales Transaction entry window?
The currency and quantity decimal places defined in Purchase Order Processing Setup are defaults for which of the following?
Entering a non-inventoried item on a purchase order
Which of the following documents can be generated using Quick Print? Mark all that apply.
Items valued with either LIFO or FIFO Periodic are sold using what cost?
Which of the following fields are required to have a value before posting a shipment in the Receiving Transaction Entry window? Mark all that apply.
You receive a shipment and invoice for items that aren't on an existing purchase order. Which of the following statements is true concerning the purchase order number on the shipment/invoice transaction?
You can leave the PO Number blank and still enter the shipment/invoice.
Once a stock count schedule has been started, what steps must be followed to stop the count?
Choose the Clear Count button first in the Stock Count Entry window, then choose the Cancel Count button in the Stock Count Schedule window
The Revision field tracks what number?
The number of item changes made to a Released purchase order
Which of the following steps must be completed to create a repeating quote? Mark all that apply.
Mark the quote as repeating in the document expansion button in Sales Transaction Entry.
Mark the option "Allow Repeating Document" in the Sales Quote Setup window.
In Purchase Order Approval (as part of the PO Enhancements functionality), users can be assigned a approval authority amount using which of the following? Mark all that apply.
A set dollar amount
An Unlimited dollar amount
In Inventory Control Setup, you can define the segment in the General Ledger account format that represents the inventory site. After defining and saving the segment, when can it be changed?
How is the Quantity Available calculated?
Quantity on Hand - Quantity Allocated
What setups are required in other modules prior to using Sales Order Processing? Mark all that apply.
Account Numbers in General Ledger
Items in Inventory
Customers in Receivables Management
Which of the following processes moves a purchase order from a status of New to Released?
Printing the purchase order
Which of the following are item types? Mark all that apply.
Which of the following statements are true about deposits received on a Sales Order document? Mark all that apply.
Deposits are posted to General Ledger as soon as the Sales Payment entry window is closed.
Any deposit on a document must be removed before it can be deleted or voided.
When a stock count schedule is started, which of the following occurs? Mark all that apply.
A "snapshot" of the items quantities is taken. Users can still enter and post transactions that affect items quantity on hand
The quantities counted can be entered in the Stock Count Entry window.
A stock count form can be printed to aid in the stock count.
Which of the following can be marked as repeating in Sales Order Processing? Mark all that apply.
In the Receiving Transaction Entry window, when can the Auto-Rcv button be used to select a purchase order? Mark all that apply.
After a vendor ID is entered
Before a vendor ID is entered
What is the visual cue that a unique comment is attached to a document?
A paper/pen icon appears to the left of the Comment ID field.
Which of the following are characteristics of a purchase order placed on hold? Mark all that apply.
Purchase order cannot be posted
Purchase order cannot be deleted or voided
Purchase order cannot be edited unless marked to allow edits in Purchase Order Processing Setup
Purchase order cannot have a shipment posted against it
At what point in the sales process does the system remove the sold items from Inventory?
When the invoice is posted.
For this sale only, the customer would like the goods shipped to a "one time only" address. If the address hasn't been created what is the most efficient way to change the "Ship To" address for this document only?
With the document open in Sales Transaction entry, open the customer expansion button and change the address under the "Ship To" address expansion button.
When receiving against a drop-ship purchase order, which of the following receipt transactions can be entered?
Which items must use a Quantity Decimal place of zero? Mark all that apply.
Items defined as Kits
Which of the following distributions default when entering an invoice against a standard purchase order?
Accrued Purchases and Accounts Payable
Which of the following Invoice types will be available to select for Automated Returns in Sales Order Processing?
Historical documents only
A bin number can be assigned to which of the following?
Individual assigned site Ids
What window is used to define what sales document type (quote, order, etc.) will default when opening the Sales Transaction Entry window?
The vendor would like a down payment of $500 before processing our purchase order. What window can be used to enter the prepayment?
Edit Checks in Payables Management
Posting a transaction in the Sales Order Processing module can potentially update which of the following modules? Mark all that apply.
A customer orders 100 items, but we only have 80 available to sell. Which shortage option should be selected if the customer still wants all 100, but would like immediate delivery of the 80 currently in stock?
Back Order Balance
How many user categories can be created in Inventory Control Setup?
What field stores the average cost of an item valued using the Average Perpetual method?
In order to purchase an item from a vendor, the item must have which of the following defined?
Vendor Item Number
When entering items onto a purchase order, the item number that displays in the lookup can be which of the following? Mark all that apply.
Your company item number entered in Inventory
Your vendor item number entered in Inventory
The Item Price List Options Maintenance window is used to define rounding and selling options for item prices. When will the rounding options be unavailable?
If the price method is currency amount
Which of the following options must be selected in order to post an inventory batch to General Ledger? Mark all that apply.
Post to General Ledger in Posting Setup for Inventory Series
Post to General Ledger in Inventory Batch Entry
What does a quantity in the "Quantity Ready to Fulfill" field signify?
The quantity allocated.
Revenue for Credit Card payments will be recognized when which of the following happens?
When the invoice is posted
An invoice was posted before it was printed and sent to the customer. What windows could be used to print the historical invoice?
Sales Document Range Inquiry
Print Sales Documents
The distributions for Inventory transactions default from where?
First from the item, then from Posting Account Setup
When entering a transfer transaction, which characteristic of the default unit cost is true?
Always defaults with the current cost or standard cost (dependent on valuation method) and cannot be changed
Which of the following is a characteristic of an expired quote?
The quote cannot be transferred to an order or invoice.
Which of the following are valid transactions in the Item Transfer Entry window? Mark all that apply.
Item transferred from the NORTH site to the SOUTH site
Item transferred from the NORTH site, with a quantity status of On-Hand, to the SOUTH site, with a quantity status of Damaged
Item transferred from a quantity status of On-Hand to Damaged
Which of the following will prevent an item from being deleted? Mark all that apply.
Transactions exist in Inventory history
An unposted transaction containing this item is saved to a batch
The item has a Quantity on Hand