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ASSIGNMENT
5
Textbook Assignment: “Inventory Management”— continued, chapter 7, pages 7-9 through 7-18; “Material Expenditures,”
chapter 8, pages 8-1 through 8-14, Appendix I, and “Accounting Classification,” chapter 9, pages 9-1
through 9-8: “Afloat Accounting and Reporting.” chapter 10, pages 10-1 through 10-2.
Learning Objectives: Define selected item management
(SIM) and describe the management procedures required.
5-1. All EXCEPT which of the following actions is a SIM
repair part inventory management requirement?
1.
2.
3.
4.
Maintaining joint tile of SIM and non-SIM stock
records
Maintaining close and continuing attention to
details
submitting a quarterly stock status review
Submitting a semiannual inventory
5-2. Which of the following items of information makes it
possible for the supply department to maintain
sufficient amounts of material on hand to support the
ship during deployments?
1. Stock records
2. Load lists
3. Spot inventories
4. Inventory schedules
5-3. Ships that have completed a SOAP/ILO since July
1974 should maintain what color of stock record cards
for “Q” COSAL items?
1. Red
2. Green
3. Buff
4. Blue
5-4. Use of which of the following tiling equipment is
recommended for filing SIM stock record cards?
1. Card tile trays
2. Card tile drawers
3. Card tile boxes
4. Each of the above
5-5. When the original stock record card is filled up and a
new card must be prepared, any outstanding
requisition appearing on the original card must be
treated in what way?
1. Canceled and resubmitted
2. Transferred to the new card
3. Completed (material received) before the original
card is filed
4. Transferred to a special outstanding requisition log
5-6. When should you post receipts to the stock record
cards?
1.
2.
3.
4.
On the last day of the month in which the material
is received
Daily as material is received
Daily as requisitions are prepared
Weekly as you post issues
5-7. Which of the following data elements on a receipt
document should be compared with those on the stock
record card?
1. Unit price, COG, and NSN
2. Unit of issue, storage location, and NSN
3. Quantity received with quantity requisitioned and
NSN
4. All of the above
5-8. What action, if any, should be taken on the
outstanding requisition portion of the stock record
card when partial shipment is received?
1. Cross out the requested quantity and enter the
remaining quantity due
2. Make out a new stock record card
3. Enter the requisition number and leave the quantity
blank
4. Take no action until the receipt is complete
5-9. When there is a change in the unit of issue, it may
require a change in which of the following factors?
1. The quantity on hand
2. The high and low limits or allowance
3. The demand quantity
4. All of the above
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