Question 6 of 144
What costing method should be used if the receipt cost of items that are the newest in stock is required?
    Correct Answer: A

    LIFO, which stands for Last-In, First-Out, is the costing method used if the receipt cost of the items that are the newest in stock is required. This method assumes that the most recently acquired items are the first to be sold or used, hence the cost of the newest items is taken as the cost of inventory.

Question 7 of 144
Which report option provides multiple access points for an end user to run reports including the toolbar shortcuts of Browser View, Direct Print, Direct Print with
Attachments and direct access from application dialogs including Work Order Status Change and Inventory Reorder?
    Correct Answer: B

Question 8 of 144
An approved work order has been assigned an incorrect job plan.
How do you correct this?
    Correct Answer: C

    When an approved work order has been assigned an incorrect job plan, the correct action is to create a follow-up work order with the correct job plan. This approach ensures that the initial work order remains intact, and necessary adjustments can be made in the follow-up work order without violating system constraints that make fields or actions read-only once the work order is approved.

Question 9 of 144
The user wants to have a new job plan reference an existing job plan so that the data in the existing job plan will be available without re-entering it.
What is the name of this feature?
    Correct Answer: A

    The feature allowing a new job plan to reference an existing job plan so that the data in the existing job plan is available without re-entering it is called 'Nested job plans.' This enables the incorporation of predefined tasks and information from one job plan into another, maintaining consistency and saving time by avoiding duplicate data entry.

Question 10 of 144
A custom field has been added to the Work Order Tracking application to identify the inspector for environmental impacts of each work order.
What type of role is used to assign the work order to the environmental inspector?
    Correct Answer: C

    To assign the work order to the environmental inspector using the custom field, the appropriate type of role is a set of data related to the record. This is because the custom field specifically identifies the inspector for environmental impacts, and roles can utilize this data to make the assignment based on the contents of the field.