MB4-219 - Microsoft Business Solutions - Solomon 6.0 Inventory and Order Processing
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Which of the following occurs when the the Order to Purchase module is installed?
A new order type is added to the Order Types screen in the Order Management module.
Which screen in the Order Management is used to add freight charges to a shipper if the freight charges are based on a percent of freight cost?
When cost of goods sold is calculated for the sale of average cost items, at which level of detail is the average cost found?
When booking landed costs in Solomon, which inventory valuation methods can result in the creation of an adjustment batch in Inventory.
A customer has run the Update Standard Costs from Pending process to revalue the inventory based on the new standard cost values. Which of the following Inventory screens can be used to view the batch that is created by this process?
When is the status of a blanket order automatically set to Completed (M)?
Once the sum of the quantities on all regular orders created from the blanket order equals or exceeds the quantities on all the corresponding line items on the blanket order.
Which feature in the Inventory module can be used to associate characteristics to inventory items for searching purposes?
Which of the following inventory item valuation methods require a receipt number to be entered when adjustments are made in the Adjustments screen in the Inventory module?
Which of the following are features of the Price Negotiator screen in the Sales Order screen?
The ability to display pricing history for the current customer and inventory item.
The ability to request that Solomon automatically determine the best price from all possible pricing plans.
The ability to request that Solomon automatically calculate a price based on percent markup from cost.
Which of the following screens or processes are modified when the Orders to Purchase module is installed?
What is the value of the Purchse Order's status field for orders that are ompleted?that prints on many reports and displays in the F3 or possible value lookup windows?
Which of the following freight terms can be set up to calculate the customer freight charge automatically?
Calculate freight cost based on a percentage of the actual freight costs.
Calculate freight cost based on a percentage of the invoice amount.
Calculate the freight cost as a flat dollar amount for an order.
Which of the following is a function of the Period Closed field on the Purchase Order screen?
This field indicates that no more receipts against the purchase order are expected and the period when the status was set to Completed.
This field is populated if the user manually sets the purchase order to Completed and saves the change.
Which receipt types can be entered in the Receipt/Invoice Entry screen?
When a return of a stock kit is processed, how are inventory quantities affected?
The quantities for the kit inventory item are increased, the return has no effect on any of the component item quantities or costs.
The Order to Purchase module is designed to improve the integration between which of the following modules?
Order Management and Purchasing
Which Purchase For type is valid for purchase orders, but not for receipts?
Service for Expense and Service for Project
Which of the following screens can be used to enter customer payment amounts in the Order Management module?
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?
What information can default into the Sales Order or Shippers screens based on the customer ship-to address selected for the document?
Ship Via ID
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?
Item Cross Reference
Discounts are not being calculated automatically because the user is entering multiple lines with the same inventory item on a single order for shipping purposes. Which procedure best solves the problem?
Use a single line item for the full quantity of each item, and use the Shipment Schedule screen to identify the multiple sites from which material should be issued.
What pricing feature is designed specifically to handle the following example: take 10% off of the base price, then an additional 5% off the discounted price?
For which purchase order types can receipts can be entered in the Receipt/Invoice Entry screen?
Landed costs can be allocated to line items with which of the following Receipt For types in the Receipt/Invoice Entry screen?
Goods for Inventory
Goods for Sales Order
Which of the following predefined order types have no effect on inventory balances?
How is a new sales order created from a blanket order?
After starting a new order, click the Duplicate Order button and select the blanket order you wish to use.
Which of the following are valid Site ID default options in the Order Management Setup screen?
Customer Ship-to Address
Receipts can be entered in the Receipt/Invoice Entry screen for purchase orders that have which of the following statuses?
Which screen and module is used to define the length and number of segments of the Inventory ID?
The Flexkey Definition screen in the Shared Information module
A client has a guaranteed 3 day delivery policy for orders placed before 2:00 p.m.. All orders placed on or after 2:00 p.m. will be delivered within 3 business days of the next business day. How do you implement this policy?
Set the AM/PM Cutoff Time to 14:00, set the Before Cutoff Time Days to 3, and set the After Cutoff Time Days to 4 in the OM Setup screen..
A client has set up inventory sites for their warehouses in New York, Houston, Chicago, and San Diego. When a customer places an order, the client wants the inventory site for the warehouse closest to the ship to location to be used as the default site during data entry. Which of the following steps will facilitate this scenario?
Set the Method for defaulting the Site ID field in Order Management Setup screen to Customer Ship-to Address.
Ensure that every customer shipping address has the correct ID of the inventory site in the Site ID field.
When using the Issues screen in the Inventory module, which line types create a customer invoice in the Accounts Receivable module?
The Issues screen cannot be used to update customer balances
Which of the following inventory valuation methods is not supported by the Solomon Inventory module?
Just in Time
When is the status of a standard order automtatically set to Completed (M)?
Solomon never automatically sets standard orders to Completed.
Under what conditions is the PO field on a sales order required to be populated?
When the PO Required field is checked in the Customer Maintenance screen for the specific customer.
When the amount of the order is greater than the PO Required Amount specified in the Customer Contacts screen for the particular buyer.
Which of the following are valid allocation methods for landed costs?
When pressing the F3 key on the Order Type field, the Counter Sale order type does not appear in the list. What is the proper procedure to create Counter Sale orders?
Counter Sale orders cannot be created in the Sales Order screen; the Shippers screen must be used to create orders of this type.
Make sure the Active field in the Order Types screen for the Counter Sale order type is checked.
Which pre-defined order type is used for processing direct billing, recording sales "after the fact," and recording orders for items that have already been shipped to the customer but not recorded in Solomon?
When is the status of a regular purchase order set to Completed (M)?
Receipts totaling the full amount of all line items on the purchase order have been released.
Total receipts for all line items on the purchase order fulfill the Receipt Qty Min % setting and the Receipt Acceptance Action is either Accept Quantity and No Warning or Accept Quantity and Warning.
If a landed cost is associated with a voucher line that has a LIFO inventory item, and the quantity remaining in inventory for the item is less than the receipt quantity, then how are GL accounts and inventory affected by the landed cost entries?
An inventory adjustment is created to revalue inventory for the items still in inventory, the landed cost variance account is debited and the landed cost clearing account is credited for the other items.
In order to be able to use the Order Management module, what other Solomon modules must be installed?
Multiple lines for the same item are entered on a purchase order because each line has a different promise date. Deliveries are made in stages. When receiving against these purchase orders, the user does not always select the correct line items, causing the vendor analysis reports to be misleading. Which option resolves this issue?
When entering receipts, set the Dflt PO Lines field to Promise Date.
With regard to the Customer Priority Scheduling (CPS) option, which of the following is a valid configuration?
Work Order module is installed and CPS is off.
Work Order module is not installed and CPS is on.
Work Order module is not installed and CPS is off.
A sale is made by one salesperson, but the customer is normally serviced by another salesperson. In these situations, the salesperson making the sale is given a 5% commission on the sale and the primary salesperson is given a 10% commission. How is the sales order entered?
Use the Salespeople Button on the Line Item tab to access the Salesperson screen. Enter the two Salesperson ID's and their commission rates into the grid.
Which order type has the following behavior: the order does not update Accounts Receivable and has no impact on Inventory?
When the Tag Controlled Physical Inventories field is not checked in the Inventory Setup screen, which of the following applies?
Tag numbers are sequentially assigned by the system to each item to be counted.
The tag number starts at the number one each time a physically inventory is performed.
A user needs to enter a receipt of 10 widgets at $12 each in the Receipts screen. Which scenarios require multiple receipt detail lines?
The inventory item has as a valuation method of specific identification and all 10 widgets are not the same specific identification
The inventory items need to be stocked into more than one warehouse bin location
The manufacturing division has placed a request to purchase 10,000 WIDGETS over the next twelve months with delivery of these WIDGETS on an as-needed basis. Given the following options, how would you suggest the Purchasing department handle this situation?
Create a blanket order for the full 10,000 WIDGETS, as quantities are requested. create regular orders that reference the blanket order.
Vouchers created from purchase order receipts can be edited in which of the following screens?
Voucher and Adjustment Entry