Manage Receipt And Inspection

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| By Joseph Hartman
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Joseph Hartman
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Quizzes Created: 8 | Total Attempts: 4,514
| Attempts: 213 | Questions: 10
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1. You are receiving a shipment of spare parts purchased from a vendor.  Which application you should use?

Explanation

The correct answer is "Receiving" because when you are receiving a shipment of spare parts from a vendor, you need to record and track the items that are being received. The "Receiving" application is specifically designed for this purpose, allowing you to input the details of the received items, update inventory levels, and keep a record of the transaction. This application helps in efficiently managing the inventory and ensuring accurate stock levels.

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About This Quiz
Manage Receipt And Inspection - Quiz

This quiz titled 'Manage Receipt and Inspection' assesses knowledge on receiving and inspecting assets from various sources, including vendors and corporate warehouses. It covers applications used for receiving shipments, specific steps for rotating assets, and inspection processes, crucial for professionals in procurement and supply chain management.

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2. True or False?  If you are receiving a new rotating asset purchased from a vendor, you must complete additional steps in the Receiving application.

Explanation

When receiving a new rotating asset purchased from a vendor, additional steps must be completed in the Receiving application. This suggests that there are specific procedures or requirements that need to be followed when receiving a rotating asset, such as documenting its condition, verifying its specifications, or updating inventory records. These additional steps ensure proper handling and tracking of the asset within the organization.

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3. After you receive a new rotating asset against a PO, which of the following steps needs to happen next?

Explanation

After receiving a new rotating asset against a purchase order, the next step that needs to happen is to change the inspection status. This is important to ensure that the asset is thoroughly inspected and meets the required standards before further actions are taken. Changing the inspection status allows for proper documentation and tracking of the asset's condition, ensuring that it is suitable for use or storage. Once the inspection status is updated, other steps such as issuing against existing reservations, putting the items in the storeroom, and creating an inventory record can be carried out.

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4. You are receiving a rotating asset from the Corporate Warehouse.  Where do you accept the rotating asset once you have inspected it?

Explanation

After inspecting the rotating asset received from the Corporate Warehouse, you would accept it in the "Change Inspection Status for Rotating Asset" window. This window allows you to update the inspection status of the asset and mark it as accepted.

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5. True or False?  If receiving items purchased from a vendor, you are acting as the second point of receipt.

Explanation

If you are receiving items purchased from a vendor, it means that the items have already been received by the vendor as the first point of receipt. Therefore, as the recipient of these items, you are indeed acting as the second point of receipt.

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6. How do you change the inspection status of a rotating asset shipped from the Corporate Warehouse?

Explanation

To change the inspection status of a rotating asset shipped from the Corporate Warehouse, the correct answer is to select Action > Change Inspection Status for Rotating Items. This option specifically allows for the change of inspection status for rotating items, indicating that it is the appropriate choice in this scenario.

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7. What is the Receipt Status of an item received into inventory?

Explanation

The correct answer is COMPLETE because it indicates that the item received into inventory has been fully processed and is ready for use or sale. This status implies that all necessary actions, such as inspection, verification, and documentation, have been completed, ensuring that the item is in the appropriate condition and quantity to be utilized effectively.

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8. Which application would you use to receive a rotating asset that came from the Corporate Warehouse?

Explanation

The Shipment Receiving application would be used to receive a rotating asset that came from the Corporate Warehouse. This application is specifically designed for receiving shipments and would be the appropriate choice for receiving a rotating asset from the warehouse. The other options, such as Rotating Asset, Receiving, and Inventory, do not specifically mention the receiving of shipments and are therefore not the correct choice for this scenario.

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9. Which of the following paths do you follow in the system to receive a rotating asset from the Corporate Warehouse?

Explanation

To receive a rotating asset from the Corporate Warehouse, you would follow the path "Shipment Receiving > Select Action > Receive Rotating Asset". This path specifically mentions receiving a rotating asset, which suggests that it is the correct option for this scenario. The other paths mentioned do not specify receiving a rotating asset, so they are not relevant in this context.

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10. True or False?  To receive a transfer shipment, after you locate and open the Shipment Receiving record, to perform the second point of receipt, you would go to Select Action, and choose Change Inspection Status.

Explanation

To receive a transfer shipment, after locating and opening the Shipment Receiving record, the correct action to perform the second point of receipt is not to go to Select Action and choose Change Inspection Status. The given answer is false.

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  • May 08, 2014
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You are receiving a shipment of spare parts purchased from a...
True or False?  If you are receiving a new rotating asset...
After you receive a new rotating asset against a PO, which of the...
You are receiving a rotating asset from the Corporate Warehouse. ...
True or False?  If receiving items purchased from a vendor, you...
How do you change the inspection status of a rotating asset shipped...
What is the Receipt Status of an item received into inventory?
Which application would you use to receive a rotating asset that...
Which of the following paths do you follow in the system to...
True or False?  To receive a transfer shipment, after you...
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