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Page Title: Assignment 8, Continued
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8-21.  In  addition  to  physical  inventory, inventory  management  includes  which  of the  following  responsibilities? 1. Control of and agreement between stock  and  stock  records 2.  Maintaining  accurate  allowance lists 3.  Evaluating  usage  and  anticipating requirements 4. All of the above 8-22. What is the primary objective of a physical   inventory? 1.  To  determine  stock  deficiencies that  require  replenishment 2. To update location and other management  data  in  stock  and/or locator  cards 3. To make sure the inventory balances, as reflected in stock or custody  records,  agree  with  the actual  physical  quantities  on  hand 4.  To  determine  and  implement  controls needed  to  prevent  recurrence  of significant   discrepancies 8-23.  Issues  from  a  storeroom  during inventory increase the chance of error. Therefore,  which  of  the following  procedures  should  be observed  during  an  inventory? 1. Reduce issues as much as possible 2.  Close  the  storeroom  completely 3.  Specify  times  during  which  issues may be made 4.  Honor  only  emergency  requirements at  specified  times 8-24. What is the disposition of an issue document while an inventory is being held? 1. Hold it in the storeroom until the inventory  is  completed 2. Destroy it if the item has not yet been  inventoried 3. Return it to the originator for resubmission  after  inventory 4. Mark it to show whether the issued item had already been inventoried 8-25. When is a bulkhead to bulkhead inventory  usually  conducted? 1. Ashore in conjunction with an integrated  logistics  overhaul 2. When a particular storeroom or storage area fails to meet the inventory accuracy rate of 90% 3. Both 1 and 2 above 4.  Annually,  along  with  controlled equipage  and  presentation  silver inventories IN ANSWERING QUESTIONS 8-26 THROUGH 8-29, SELECT THE TYPE OF INVENTORY FROM COLUMN B THAT WOULD MOST LIKELY BE USED TO INVENTORY THE ITEMS OF MATERIAL LISTED IN COLUMN A. A. MATERIALS B. TYPES OF INVENTORY 8-26.  All  hazardous 1. Bulkhead  to material bulkhead 8-27. All items for which 2. Special the  on-hand  quantity material on the issue document  differs from the stock 3. Velocity record 8-28. All items in an 4. Spot inventory 8-29.  SIM  items 8-30.  When  your  ship  has  implemented mechanized  controlled  equipage procedures,  what  form  is  used? 1. NAVSUP Form 306 2. NAVSUP Form 1075 3. NAVSUP Form 1114 4. NAVSUP Form 1331 8-31. Velocity inventories are held on what type  of  material? 1. Hazardous 2.  Fast-moving 3. Essential 4.  Deteriorative 58

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