Direct Returns: Test Pool

  1. Suppose that you are processing a direct return of stock items. What does the system do when you release a credit memo on the Invoices form? (Select all the correct responses.)
    • Generates a batch of GL transactions (correct)
    • Generates and releases an inventory issue for the stock items to increase the on-hand quantity by the quantity of the returned items (correct)
    • Sends the credit memo to the customer by email (incorrect)
    • Creates a sales order for the replacement items (incorrect)
  2. Which feature would you enable on the Enable/Disable Features form for the processing of direct returns?
    • Advanced SO Invoices (correct)
    • Multiple Warehouses (incorrect)
    • Lot and Serial Tracking (incorrect)
    • Drop Shipments (incorrect)
  3. When may you need to process a direct return? (Select all the correct responses.)
    • When a customer returns stock items directly at the store (correct)
    • When the customer wants to exchange the item for an item of a different size or color (correct)
    • When you return goods to the customer by shipping them (incorrect)
    • When you request from the vendor a refund for a purchase (incorrect)
  4. Which document would you create to process a direct return?
    • A credit memo on the Invoices form (correct)
    • A sales invoice on the Invoices form (incorrect)
    • A purchase order on the Purchase Orders form (incorrect)
    • A purchase receipt on the Purchase Receipts form (incorrect)
  5. Which document would you create to process a direct return with replacement? (Select all the correct responses.)
    • A credit memo on the Invoices form (correct)
    • A sales invoice on the Invoices form (correct)
    • A sales order on the Sales Orders form (incorrect)
    • A payment on the Payments and Applications form (incorrect)
  6. When may you need to process a direct return with replacement?
    • When a customer returns items directly at the store and requests an exact replacement of these items (correct)
    • When you return stock items to the customer by shipping them (incorrect)
    • When the customer has brought the items back to the store and wants a refund (incorrect)
    • When the customer wants to exchange the item for an item of a different price (incorrect)