Exam MB-330 topic 3 question 32 discussion

Inventory Amount to me means $$$, so Adjustment and movement are correct. If they said "Inventory Quantity", then it's a different story. I belive the answer is correct.

For me this is Adjustment and Counting

The two journal types that provide a complete solution to correct the inventory amount for Item 33442 in Warehouse 1, while using the posting setup configured on the item group, are: A. Inventory Adjustment Journal Directly corrects the on-hand quantity in Warehouse 1 and posts the adjustment according to the item group’s setup. It’s the most straightforward and commonly used method for this purpose. C. Inventory Movement Journal Allows correction of the inventory amount with an associated reason and posts the adjustment per the item group’s setup. It’s a valid alternative, especially if additional tracking (e.g., reason codes) is desired.

I did not answer with question C because it is not a journal type that can correct the inventory amount by using the posting setup configured on the item group. Question C is inventory movement journal, which is a journal type that allows you to move inventory between locations or warehouses without affecting the inventory value. Inventory movement journal does not use the item group posting profile to post any cost adjustments to the general ledger. Therefore, it is not a suitable journal type for the question.

Inventory amount means $ not quantity, So the answers are A and C

Adjustment and movmement

A and D; don't be confused by wording - amount is quantity, amount is volume; amount is NOT value

Because you can only select options where the default posting setup from the item group is used. This only leaves Counting and Adjustment

A,D correct. If we need to use predefined account on item group

When you use an inventory adjustment journal, you can add cost to an item when you add inventory. The additional cost is automatically posted to a specific general ledger account, based on the setup of the item group posting profile. Use this inventory journal type to update gains and losses to inventory quantities when the item should keep its default general ledger offset account. Counting journals let you correct the current on-hand inventory that is registered for items or groups of items, and then post the actual physical count, so that you can make the adjustments that are required to reconcile the differences.

Adjustment and Counting can do it since Cost amount is changeable in Counting journal though there are limitations to using counting journal. The best answer here is Adjustment and Movement

with counting you cannot change the amount. I agree that if using movement you have to enter the correct account, but technically with counting you cannot achieve it. With counting you cannot change the posting setup, but for sure you cannot edit the amount. So it has to be adjustment and movement. Yes, you have to know and enter the account when using movement.

Adjustment and Movement, you can manually specify the same item expense account on the movement journal.

i think that the correct answer is Adjustment and counting because the question talks about an incorrect amount for item ** and need to correct this. So first counting and then adjustment. correct me if i'm wrong.