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Exam NetSuite ERP Consultant topic 1 question 84 discussion

Actual exam question from NetSuite's NetSuite ERP Consultant
Question #: 84
Topic #: 1
[All NetSuite ERP Consultant Questions]

Which statements are true about Transfer Inventory transactions? (Choose two.)

  • A. Users can track each stage of the transfer process and manage the item movement.
  • B. A Transfer Price is required to track the updated cost on the Item record.
  • C. Users may use the Transfer Inventory form to post changes to inventory levels, all in one step.
  • D. Incoterm must be identified during the Fulfill Transfer order process.
  • E. Item Quantity is decreased in the source location and increased in the target location.
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Suggested Answer: CE 🗳️

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Openteqsai
1 week, 6 days ago
Thank you for sharing this relevant and useful information. As well as same here to OpenTeQ is your trustworthy partner for all of your NetSuite requirements.OpenTeQ's NetSuite ERP Consulting services are truly exceptional. Their team of experts brings a wealth of knowledge and experience to the table, guiding businesses through the complexities of ERP implementation with precision and expertise.OpenTeQ's consultants go above and beyond to ensure that clients maximize the value of their NetSuite investment. Their collaborative approach and commitment to client success make them a trusted partner for businesses looking to harness the full potential of NetSuite's cloud-based platform. <a herf= https://netsuite.openteqgroup.com/services/netsuite-customization>NetSuite ERP Consulting </a>.
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nickzxi
2 months, 2 weeks ago
Selected Answer: CE
An inventory transfer decreases items in the source location and increases them in the receiving location, all in one step. Use the Transfer Inventory form to post information regarding changes in inventory levels for each item in each location. Ref - https://docs.oracle.com/en/cloud/saas/netsuite/ns-online-help/section_4660882963.html#Basic-Inventory-Transfers
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