Cert 15 - Purchase

If the costing method is “Average Cost”, will the unit cost of a product form change when I deliver some products?

• Yes

• No

When you set your “Control policy” to “On received quantities”, will receiving an incoming shipment update the amount to be invoiced?

• Yes

• No

Where do you define the vendor delivery lead time?

• On the Product Detail (or Template) Form, under the Purchase tab, found on each individual Vendor line

• On the vendor tab

• On the company

What is the expected behavior of a purchase agreement type with the “Select only one RFQ (Exclusive)” option configured?

• Once a purchase order is confirmed, all other requests for quotations are automatically cancelled

• You can only create one request for quotation per product

• You can only create one request for quotation per agreement

What will the scheduled purchase order date be if you validate a sales order on October 25th, knowing the product is set to "Buy" with a "MTO" route, with a "Customer Lead Time" set to 10 Days, a "Vendor Lead Time" set to 6 Days, and "Company Security Lead Time" for purchases is set to 2 Days?

• October 23rd

• October 27th

• November 1st

When you create a purchase agreement, and select a vendor, are products automatically populated in the purchase agreement lines?

• Yes

• No

If the costing method is “Average Cost”, will the cost in the product form change when you receive some products?

• Yes

• No

A request for quotation is automatically created whether:

• The route on the product is set as “Buy” and a reordering rule is triggred

• The route on the product is set as “Buy” and a sales order is validated

• The route on the product is set as “Manufacture” and a quotation is created

When a purchase order is validate, is it still possible to add purchase order lines?

• Yes, as long as the purchase order is not “Locked”

• No, never

It’s the 25th of October 2019 and you are out of cable boxes. The cable box has a reordering rule configuration set a min of 5 and a max of 10. Looking at the below pricelist, who will your purchase from and at what price?

• Vendor = Azure Interior, price = $50/unit

• Vendor = Camille Watkins, price = $45/unit

• Vendor = Azure Interior, price = $45/unit