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Exam Code: MD-101
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Version: V22.75
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NEW QUESTION: 1
What is one recommendation of the Basel Committee's 2001 paper Customer Due Diligence for Banks"?
A. Numbered accounts should not be allowed
B. Certain types of private banking can be exempt from KYC procedures
C. Banks should develop dear descriptions of acceptable customers
D. Politically Exposed Persons (PEPs) should not be accepted as customers
Answer: C
NEW QUESTION: 2
Two Customer Service Representatives each book a sales order for an item that is revision and lot controlled.
There are no other open, active sales orders for this Item.
Each Customer Service Representative pick releases their order to the same warehouse independently.
The Pick Release Rule used by both includes Auto Allocation.
On the resulting Move Orders, Inventory has allocated all the requested quantity for one of the sales orders, but only half the requested quantity on the second sales order was available to be allocated.
Using the Transact Move Orders form, which action sequence can the warehouse person use to reduce the allocation on the first Move Order so that both customer orders can be equally satisfied?
A. 1. View/Update Allocations;
2. Change the allocated Revision and Quantity values, as appropriate.
B. 1. View/Update Allocations;
2. Change the allocated Revision and Quantity values, as appropriate;
3. Change the Destination Sub inventory.
C. 1. View/Update Allocations;
2. Change the allocated Revision and Quantity values;
3. Change the allocated Lot and Quantity values, as appropriate
D. 1. View/Update Allocations;
2. Change the allocated Lot and Quantity values, as appropriate;
3. Select the appropriate Missing Quantity Action.
Answer: D
NEW QUESTION: 3
CORRECT TEXT
Answer:
Explanation:
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