Supply - Warehouse Management

1. UNICEF must comply with UN IPSAS requirements. In the area of warehouse management, IPSAS requires that UNICEF needs to track the value of UNICEF controlled inventory.

True

False

UNICEF must comply with UN IPSAS requirements, which includes tracking the value of UNICEF controlled inventory in warehouse management. Therefore, the statement "UNICEF must comply with UN IPSAS requirements" is true.

Explanation

UNICEF must comply with UN IPSAS requirements, which includes tracking the value of UNICEF controlled inventory in warehouse management. Therefore, the statement "UNICEF must comply with UN IPSAS requirements" is true.

2. IPSAS requires that UNICEF report on the value of inventory. This requires that Goods which belong to UNICEF will be tracked separately from goods which belong to Implementing Partners.

True

False

IPSAS (International Public Sector Accounting Standards) is a set of accounting standards that govern the financial reporting of public sector entities, including UNICEF. According to IPSAS, UNICEF is required to report on the value of inventory. This means that UNICEF must track and account for goods that belong to them separately from goods that belong to their implementing partners. Therefore, the statement "IPSAS requires that UNICEF report on the value of inventory. This requires that Goods which belong to UNICEF will be tracked separately from goods which belong to Implementing Partners" is true.

Explanation

IPSAS (International Public Sector Accounting Standards) is a set of accounting standards that govern the financial reporting of public sector entities, including UNICEF. According to IPSAS, UNICEF is required to report on the value of inventory. This means that UNICEF must track and account for goods that belong to them separately from goods that belong to their implementing partners. Therefore, the statement "IPSAS requires that UNICEF report on the value of inventory. This requires that Goods which belong to UNICEF will be tracked separately from goods which belong to Implementing Partners" is true.

3. Select one answer. In VISION terminology, a Plant is:

A physical place where material is constructed

An organisational unit for providing and maintaining goods or services

A storage area for large equipment

In VISION terminology, a Plant refers to an organizational unit that is responsible for providing and maintaining goods or services. This means that a Plant is not a physical place where material is constructed, nor is it a storage area for large equipment. Instead, it is a specific unit within an organization that is dedicated to the production and delivery of goods or services.

Explanation

In VISION terminology, a Plant refers to an organizational unit that is responsible for providing and maintaining goods or services. This means that a Plant is not a physical place where material is constructed, nor is it a storage area for large equipment. Instead, it is a specific unit within an organization that is dedicated to the production and delivery of goods or services.

4. Select one answer. What is the next step after you enter an initial count in VISION and discover there are inventory discrepancies that are not within tolerance?

Create recount document

Post inventory difference in WM

Post inventory difference in IM

Print inventory record

After entering an initial count in VISION and discovering inventory discrepancies that are not within tolerance, the next step is to create a recount document. This document will allow for a second count to be conducted in order to verify the accuracy of the initial count and identify any potential errors or discrepancies.

Explanation

After entering an initial count in VISION and discovering inventory discrepancies that are not within tolerance, the next step is to create a recount document. This document will allow for a second count to be conducted in order to verify the accuracy of the initial count and identify any potential errors or discrepancies.

5. Select one answer. The process for transferring goods from one warehouse to another warehouse in the same country is, in order, which of the following?

Pick from warehouse, create release order, create waybill, deliver goods

Create a release order, pick from warehouse, create waybill, deliver goods

Create waybill, pick from warehouse, create transfer order, deliver goods

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Explanation

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6. Select one answer. Warehouse personnel will create an inbound delivery for:

Local Procurement

Offshore Procurement

Both Local and Offshore Procurement

Warehouse personnel will create an inbound delivery for local procurement because local procurement refers to the process of purchasing goods or materials from local suppliers or vendors. In this case, the warehouse personnel will need to create an inbound delivery to receive the goods or materials from the local supplier and ensure they are properly stored in the warehouse.

Explanation

Warehouse personnel will create an inbound delivery for local procurement because local procurement refers to the process of purchasing goods or materials from local suppliers or vendors. In this case, the warehouse personnel will need to create an inbound delivery to receive the goods or materials from the local supplier and ensure they are properly stored in the warehouse.

7. Select all answers that are correct. Who are two entities that goods can be issued to from a UNICEF warehouse:

Implementing Partners

Another UNICEF warehouse

Vendors

Purchasing Groups

Sales Organisations

Goods can be issued to Implementing Partners and Another UNICEF warehouse from a UNICEF warehouse. Vendors, Purchasing Groups, and Sales Organizations are not mentioned as entities that goods can be issued to.

Explanation

Goods can be issued to Implementing Partners and Another UNICEF warehouse from a UNICEF warehouse. Vendors, Purchasing Groups, and Sales Organizations are not mentioned as entities that goods can be issued to.

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8. Select one answer. An accident occurred and you need to register damaged quantity. What three steps must you take, in order, to register damaged/expired quantities:

Create a transfer order, complete the Property Survey Board process, register the damage/expired quantities

Complete the Property Survey Board process, register the damage/expired quantities, create a transfer order

Register the damage/expired quantities, create a transfer order, complete the Property Survey Board process

To register damaged/expired quantities after an accident, the first step is to create a transfer order. This is followed by completing the Property Survey Board process and finally registering the damage/expired quantities.

Explanation

To register damaged/expired quantities after an accident, the first step is to create a transfer order. This is followed by completing the Property Survey Board process and finally registering the damage/expired quantities.

9. Select all answers that are correct. It is important to enter data correctly when receiving UNICEF goods into VISION because it has the following effects:

The SAP system verifies the items received against the amount specified in the purchase order and inbound delivery.

The purchase order and inbound delivery history are updated indicating that items have been received against that purchase order and inbound delivery.

An invoice is automatically created.

When entering data correctly in VISION, the SAP system verifies the items received against the amount specified in the purchase order and inbound delivery. This helps to ensure that the correct items have been received. Additionally, the purchase order and inbound delivery history are updated to indicate that the items have been received against the specific purchase order and inbound delivery. This helps to maintain accurate records and track the progress of goods. However, there is no mention of an invoice being automatically created in the given information.

Explanation

When entering data correctly in VISION, the SAP system verifies the items received against the amount specified in the purchase order and inbound delivery. This helps to ensure that the correct items have been received. Additionally, the purchase order and inbound delivery history are updated to indicate that the items have been received against the specific purchase order and inbound delivery. This helps to maintain accurate records and track the progress of goods. However, there is no mention of an invoice being automatically created in the given information.

Submit