1z0-1073-22 Exam Dumps | Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and

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Question 13

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Question 13/25

Your supplier sent you stock against a consigned agreement. You transferred all the stock to owned and generated a consumption advice. An invoice was raised by the supplier and the payment made. A few days after using some of the quantities of the stock, you realized that some of the stock sent by the supplier is not of suitable quality and you need to send the stock back.
What is the process of returning the material?

A. You have to cancel the invoice and send the material back without changing the ownership.

B. You cannot return consigned items that are invoiced and paid. Treat the material as scrap.

C. Return the material and create a debit memo for the supplier.

D. You have to transfer the ownership of item and perform the return transaction.

Correct Answer: C

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