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1. Which three are features or functions of Receipt Accounting?
A) If you do accrue at receipt, an accrued liability account is credited when the goods are received.
B) Receipt Accounting performs the accrual accounting for all receipts: services, supplies, project materials, and inventory.
C) Based on GAAP rules, Inventory items can be accrued at receipt or Period-end.
D) If you do not accrue at receipt, an accrued liability account is credited when the goods are received.
E) The Receipt Accounting process creates accounting distributions and posts those to Subledger Accounting (SLA) for processing and then into the General Ledger (GL).
2. Demand planner opens the pre-seeded plan summary of the demand plan and wants to analyze the forecast results. Describe the steps to review and analyze the forecast results.
A) Click "Revenue and Margin" tile. Review the "Revenue by Period" graph and pick a specific period.
Right-click on a period, click Drill To -> Default Group -> Revenue Analysis to open the table and review the details.
B) Click "Revenue and Forecast" tile. Review "Revenue by Period" graph and pick a specific period. Right- click on a period, click Drill To -> Default Group -> Forecast Analysis to open the table and review the details.
C) Click "Demand at Risk in thousands" tile. Review "Demand at Risk by Product Category" graph and pick a product category. Right-click on product category, click Drill To -> Default Group -> Demand Analysis to open the table and review the details.
D) Click "Forecast Comparison in the thousands" tile. Review "Forecast Comparison by Product Category" graph and pick a product category. Right-click on product category, click Drill To -> Default Group -> Forecast Analysis to open the table and review the details.
3. Which attribute or attributes can you maintain via the Maintain Supply Network Model task?
A) For Carriers: Enabled
B) For Organizations: Supply Past Due. Customer, and ABC Assignment Group
C) For Customers. Suppliers, and Organizations: Time Zone
D) For Interlocation Shipping Networks: Carrier. Mode of Transport, and Service Level
4. The marketing department of a company needs to analyze the forecast based on type of demand (large retailer versus specialty store) and item cost (low versus high).
After creating a segment group with demand class and product for segment granularity, what additional sequence of actions must they also perform to satisfy marketing?
A) Define four segments based on demand type and item cost, define each segment's criteria, execute segmentation, and use the selector tool to create a new table or graph.
B) Define four segmentation based on demand type and item cost, define each segment's criteria, execute segmentation, configure planning analytics to update the dimension catalog, and use the selector tool to create a new table or graph.
C) Define two segments based on demand type and item cost, execute segmentation, and use the selector tool to create a new table or graph.
D) Define four segments based on demand type and item cost, execute segmentation, and use the selector tool to create a new table or graph.
5. The supply plan is not very reliable. Components often arrive early or late. A team of planners, buyers, marketers, product engineers, and materials managers are tasked to investigate. They list several possibilities that could explain their plan's poor results.
If you were a member of the investigation team, which step would you recommend to help troubleshoot this serious issue?
A) For incomplete or unreliable demand schedules, use the Planning Advisor to identify forecast accuracy issues.
B) For incorrect or incomplete bills of materials, use the Planning Advisor to identify bill of material anomalies.
C) For incorrect or unreliable supplier lead times, use the Planning Advisor to determine lead time accuracy.
D) For inaccurate quantity-on-hand issues, use the Planning Advisor to identify inventory accuracy improvement opportunities.
Solutions:
| Question # 1 Answer: A,B,E | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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