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29 Cards in this Set

  • Front
  • Back
T/F
Primary objectives of physical inventory are to ensure inventory balances on the Stock Item Table (SIT) agree with actual quantities On Hand (O/H) and that location data is accurate
TRUE
In what chapter of the P485 you can find info on inventory requirements.
6
(DLRs) are contained in the
NAVSUP P-485 chapter?
8
LAP
LOCATION AUDIT PROCESSING
Inventory and LAP samples shall be conducted using the Integrated Barcode System (IBS) and consist of what percentage of random sample by storeroom at least every three (3) months?
10
The ten percent of a sampling inventory shall not be less than how many line items?
100
IBS
Integrated Barcode System
Repairables are inventory?
Semi-Annually,
inventory validity of 100%
location validity standards of 100% upon return
Demand Based Items are inventory
Demand Based Items, with a inventory validity of 90% and location validity standards of 98%
Demand Based Items are inventory
Quarterly
inventory validity of 100%
location validity standards of 100%
Hazardous Material are inventory
Annually
inventory validity of 90%
location validity standards of 98%
Shelf Life Material six month or less are inventory?
monthly
Shelf Life Material less than one year are inventory?
every other moth
Flight Clothing is inventory?
Quarterly
inventory validity of 98%
location validity standards of 100%
Q-COSAL Material is inventory?
Semiannually,
inventory validity of 100%
location validity standards of 100%
Radioactive Material is inventory
Annually
inventory validity of 100%
standards of 100%
Presentation Silver is inventory
Annually
Level One material is inventory
annually
An ongoing formal location audit program requires lapping all repairables at least
quarterly
What is needed as a prerequisite when preparing for a large scheduled inventory?
A comprehensive LAP(LOCATION AUDIT PROGRAM)
A Storerooms failing to meet an initial percentage of how much in the location validity the first time will undergo a second sampling?
98%
Anytime a storeroom wall-to-wall inventory is scheduled what should be done?
a location audit must be performed prior to the main
inventory.
When conducting an audit/inventory parameters what is the percentage inventory validity and when should it be conducted.
10%
every 3 month.
Inventory teams will be designated how many people per team.
3 to 5 people per team
what is the path for the Spot inventory option in R-Supply?
(INV> Inventory Control>
Inventory Posting> Spot type of inventory) or
(INV> Management> Inventory Action> Inventory Processing> Spot type of inventory)
T/F:
Under no circumstances will the CO issue “By
Direction” authority to the SUPPO to sign surveys that exceed $10K
True
The CO has full responsibility for all FLIPLs and may authorize the SUPPO to approve FLIPLs of NWCF material valued in excess of
$10,000,
T/F:
The Approving Authority may not be directly accountable or responsible for property being
surveyed?
true
Repairable Inventory RECON involves the wall-to-wall inventory of what type of material?
DLR (Surface and AVDLR)
FLR (MCC equals “D”)