Direct Returns: Test Pool
- 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)
- 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)
- 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)
- 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)
- 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)
- 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)