Which three statements are true about ABC Analysis and cycle count Classes? (Choose three.)
The hit/miss% for the Class overrides the hit/miss% of the cycle count header.
The hit/miss% for the cycle count header overrides the hit/miss% of the Class.
An ABC Analysis can be compiled for a sub inventory that is defined as a non-quantity-tracked sub inventory.
An ABC Analysis can be compiled for nonasset (expense) subinventories for which quantities are tracked.
In ABC Analysis, a quantity variance must always be submitted for approval, regardless of the tolerance levels
Positive and negative tolerances can be entered for each class, which will override the tolerance at the cycle count header level
Correct answer: ADF
Question 2
Which two functional areas have default category sets? (Choose two.)
Planning, Engineering, Costing
Purchasing, Payables, Inventory
Inventory, Purchasing, Bill of Materials
Order Management, Inventory, Purchasing
Inventory, Bill of Materials, Work in Process
Planning, Order Management, General Ledger
Order Management, Inventory, Work in Process
Correct answer: AD
Question 3
Your customer is planning to dose the accounting period in Inventory. Before closing the period, the customer would like to view the total number of pending transactions in one form.