EPICOR KINETIC LATEST
INVENTORY
MANAGEMENT PRACTICE
EXAM QUESTIONS AND
ANSWERS 2026 - 2027
1. What is the primary purpose of Inventory Management in Epicor
Kinetic?
A. To manage customer relationships
B. To track and control inventory quantities and movements
C. To process payroll
D. To manage production scheduling only
Correct Answer: B
Rationale: Inventory Management tracks stock quantities, locations,
availability, transactions, and inventory valuation.
2. Which master record contains the primary information about an
inventory item?
END OF
PAGE
1
, EPICOR KINETIC LATEST
INVENTORY
MANAGEMENT PRACTICE
EXAM QUESTIONS AND
ANSWERS 2026 - 2027
A. Customer Master
B. Part Master
C. Supplier Master
D. GL Control
Correct Answer: B
Rationale: The Part Master contains item descriptions, UOMs, costing
methods, lot/serial settings, and inventory controls.
3. What is a Warehouse in Epicor Kinetic?
A. A customer record
B. A physical or logical inventory storage location
C. A purchase order type
D. A costing method
END OF
PAGE
2
, EPICOR KINETIC LATEST
INVENTORY
MANAGEMENT PRACTICE
EXAM QUESTIONS AND
ANSWERS 2026 - 2027
Correct Answer: B
Rationale: Warehouses represent locations where inventory is stored and
managed.
4. What is the purpose of a Bin Location?
A. To track inventory within a warehouse
B. To manage suppliers
C. To calculate payroll
D. To create invoices
Correct Answer: A
END OF
PAGE
3
, EPICOR KINETIC LATEST
INVENTORY
MANAGEMENT PRACTICE
EXAM QUESTIONS AND
ANSWERS 2026 - 2027
Rationale: Bins provide more detailed inventory location tracking within
a warehouse.
5. Which transaction increases inventory quantities?
A. Issue Material
B. Inventory Adjustment (Decrease)
C. Receipt to Inventory
D. Scrap Transaction
Correct Answer: C
Rationale: Receiving inventory increases on-hand quantities.
6. Which transaction decreases inventory quantities?
END OF
PAGE
4
INVENTORY
MANAGEMENT PRACTICE
EXAM QUESTIONS AND
ANSWERS 2026 - 2027
1. What is the primary purpose of Inventory Management in Epicor
Kinetic?
A. To manage customer relationships
B. To track and control inventory quantities and movements
C. To process payroll
D. To manage production scheduling only
Correct Answer: B
Rationale: Inventory Management tracks stock quantities, locations,
availability, transactions, and inventory valuation.
2. Which master record contains the primary information about an
inventory item?
END OF
PAGE
1
, EPICOR KINETIC LATEST
INVENTORY
MANAGEMENT PRACTICE
EXAM QUESTIONS AND
ANSWERS 2026 - 2027
A. Customer Master
B. Part Master
C. Supplier Master
D. GL Control
Correct Answer: B
Rationale: The Part Master contains item descriptions, UOMs, costing
methods, lot/serial settings, and inventory controls.
3. What is a Warehouse in Epicor Kinetic?
A. A customer record
B. A physical or logical inventory storage location
C. A purchase order type
D. A costing method
END OF
PAGE
2
, EPICOR KINETIC LATEST
INVENTORY
MANAGEMENT PRACTICE
EXAM QUESTIONS AND
ANSWERS 2026 - 2027
Correct Answer: B
Rationale: Warehouses represent locations where inventory is stored and
managed.
4. What is the purpose of a Bin Location?
A. To track inventory within a warehouse
B. To manage suppliers
C. To calculate payroll
D. To create invoices
Correct Answer: A
END OF
PAGE
3
, EPICOR KINETIC LATEST
INVENTORY
MANAGEMENT PRACTICE
EXAM QUESTIONS AND
ANSWERS 2026 - 2027
Rationale: Bins provide more detailed inventory location tracking within
a warehouse.
5. Which transaction increases inventory quantities?
A. Issue Material
B. Inventory Adjustment (Decrease)
C. Receipt to Inventory
D. Scrap Transaction
Correct Answer: C
Rationale: Receiving inventory increases on-hand quantities.
6. Which transaction decreases inventory quantities?
END OF
PAGE
4
