MB-330 Inventory Practice Questions

A company receives a large quantity of inventory into the warehouse. The inventory has a short shelf life and must be sent out to the stores as soon as possible. You need to use Buyer’s push to transfer the inventory out to the stores. Which two actions should you perform? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.

Select 2 answers.

• AA. Create a sales order.
• BB. Create transfer orders.
• CC. Select Product and ship open sales orders.
• DD. Select Product and distribution method.

A company employee is in charge of warehouse operations and controlling inventory adjustments through journals. The employee needs to add inventory for samples at a specific cost. The samples were shipped by a vendor without a purchase order. The employee needs to be sure that the inventory value goes to a ledger account so that the value of the samples is not mixed in with another inventory value. You need to ensure that the employee is able to correctly add the inventory. What should you do?

• AA. Create a movement journal, add the cost, and specify the offset ledger account on the line.
• BB. Create an adjustment journal, add the cost, and specify the offset ledger account on the line.
• CC. Create an arrival journal, add the cost, and specify the offset ledger account on the line.
• DD. Create a transfer journal, transfer to a different warehouse, and then adjust the cost.