Which Approved Supplier List (ASL) entry would take precedence for an item?

• A. Local entry that applies only to your organization.
• B. Global entry that applies to all organizations of your company.
• C. Global entry that applies to your suppliers.
• D. Local entry that applies to your suppliers.
• E. Both local and global entries that apply to your suppliers.

During the RFQ lifecycle, the RFQ is assigned certain statuses. Identify the RFQ lifecycle and its correct sequence.

• A. Requested, Printed, In Process, Received
• B. In Process, Received, Accepted, Closed
• C. In Process, Active, Printed, Closed
• D. Active, Printed, Accepted, Complete
• E. Active, In Process, Received, Complete

Which three statements are true about modifying Flexfield values? (Choose three.)

• A. The values can be deleted after they are defined.
• B. The effective dates for a value can be limited.
• C. The values cannot be disabled.
• D. The value description can be changed.
• E. The values cannot be modified after they are defined.

Revision control is set at the organization level. Both Colorado and New York sites have item A under revision control. Item A was shipped from the Colorado site to the New York site on Internal Order using Revision B.
Since that time, revision control at the Colorado site has been changed to a numeric value and the current revision is 3. Now, New York is returning item A on an Internal Order with Revision B.
What would happen when Colorado attempts to receive this unit?

• A. Colorado would have to temporarily change revision control to allow receipt.
• B. New York would have to change revision control to match Colorado for transaction to be successful.
• C. Receipt can be transacted, but the new revision number would have to be assigned upon receipt.
• D. The receipt cannot be transacted without DBA intervention. After the revision is changed, you cannot use a previous version.
• E. The transaction can be processed as normal. Old revisions that were issued are still valid.

Identify the correct sequence of steps in the purchase order period close business flow.

• A. 1. Process remaining inventory transactions and close the inventory accounting period. > 2. Review the Uninvoiced Receipts report. > 3. Process period-end accruals. > 4. Close the purchasing period. > 5. Run the Accrual Rebuild Reconciliation report. > 6. Write-off accrued transactions as necessary. > 7. Create a manual journal entry for write-offs.
• B. 1. Process remaining inventory transactions and close the inventory accounting period. > 2. Run the Accrual Rebuild Reconciliation report. > 3. Write-off accrued transactions as necessary. > 4. Create a manual journal entry for write-offs. > 5. Review the Uninvoiced Receipts report. > 6. Process period-end accruals. > 7. Close the purchasing period.
• C. 1. Review the Uninvoiced Receipts report. > 2. Process period-end accruals. > 3. Close the purchasing period. > 4. Run the Accrual Rebuild Reconciliation report. > 5. Write off accrued transactions as necessary. > 6. Create a manual journal entry for write-offs. > 7. Process remaining inventory transactions and close the inventory accounting period.
• D. 1. Review the Uninvoiced Receipts report. > 2. Process period-end accruals. > 3. Close the purchasing period. > 4. Process remaining inventory transactions and close the inventory accounting period. > 5.
  Run the Accrual Rebuild Reconciliation report. > 6. Write off accrued transactions as necessary. > 7.
  Create a manual journal entry for write-offs.