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Which one of the following selections is a special characteristic of the item reclassification journal?
Posting item reclassification journal lines creates item ledger entries of type Positive Adjmt. and Negative Adjmt.
Posting item reclassification journal lines changes an item"s quantity on hand.
It creates two item ledger entries for each posting.
You can use it to rename items.
When putting away an item in the warehouse, you notice that one unit of item 1908-S (London Swivel Chair) was damaged. What is the best way to adjust the inventory for this item?
Use the item journal to post a line of type Negative Adjmt.
Use the item journal to post a line of type Sale.
Use the item reclassification journal to post a line of type Negative Adjmt.
Use the item reclassification journal to post a line of type Sale.
You need to understand why an inventory quantity discrepancy appeared in your system. Where should you start your investigation?
Open the general ledger entries to confirm financial posting.
Open the item ledger entries to review the quantity movement.
Open the value entries to confirm cost calculation.
Review the inventory setup configuration.
You must answer all questions before checking your work.
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