Question

Every 180 days, MEMO will take which actions to follow-up on active due-ins and due-outs?

A) Conduct Audits
B) File Reports
C) Request Extensions
D) Close Out Transactions

Answer 1

MEMO takes action to Close Out Transactions every 180 days, which involves finalizing or resolving due-ins and due-outs to maintain accurate records.

Step-by-step explanation:

The question relates to the actions taken by MEMO every 180 days to follow-up on active due-ins and due-outs. The correct action MEMO would take is D) Close Out Transactions. This means that MEMO will review outstanding transactions (either items that are due to the inventory also known as due-ins, or items that are supposed to be sent out or due-outs) and take the necessary steps to either finalize or close these transactions. Processes can include confirming receipt or dispatch of items, resolving discrepancies, and updating records to reflect the current status of inventory transactions.