Exam
Which of the following are documents in purchasing? Select one or more: a. Purchase order b. Invoice c. CO documents d. Material document e. FI documents
ALL
Which organizational processes interact with procurement? Select one or more: a. Management accounting b. Project management c. Material planning d. Financial accounting e. Fulfillment (sales)
ALL
Which process is used to manage money owed by customers for goods and services purchased from the company? Select one: a. All of the above b. Fixed asset accounting c. Bank ledger accounting d. General ledger accounting e. Accounts receivable accounting
Accounts receivable accounting
In accounts receivable, which general ledger accounts are affected? Select one or more: a. Sales revenue b. Supplies expense c. Bank d. Accounts receivable reconciliation
Accounts receivable reconciliation , Sales revenue, Bank
Select one or more: a. Acquisition b. Production c. Depreciation d. Allocation e. Retirement
Acquisition, Depreciation, Retirement
Which of the following are statuses that can apply to a BOM? Select one or more: a. Active b. Off c. On d. Open e. Inactive
Active, Inactive
A plant must have at least one shipping point, which must be physically located in that plant. Select one: True False
False
A sales area can be assigned to multiple company codes. Select one: True False
False
A sales area can have many distribution channels. Select one: True False
False
A sales organization must have at least two divisions. Select one: True False
False
A shipping point is a location in a plant at which inbound deliveries are received. Select one: True False
False
A technically complete status for a production order means that even though the main material is complete, other production processes may be needed to complete smaller components of the material Select one: True False
False
A work center is a location where materials are placed immediately before they are shipped. Select one: True False
False
After production has been completed, a goods receipt against the production order is used to pick the goods and ship them to the customer Select one: True False
False
Fixed time elements represent the time needed to produce one unit of material. Select one: True False
False
In addition to the organizational data, material master data is necessary in the payment step. Select one: True False
False
In the case of products, a plant is typically an office building. Select one: True False
False
Material staging is a technique that is used to automatically record the goods issue when an order is confirmed Select one: True False
False
Open items are items in the payment step for which payment from the customer has been received. Select one: True False
False
Pre-sales activity is often triggered by a communication from a customer such as a purchase order. Select one: True False
False
The fulfillment process acts as a stand-alone process and cannot be integrated with other processes within an organization. Select one: True False
False
Typically a production order does not include any references to the BOM, routing, or work centers. Select one: True False
False
Variable time elements are independent of how many units of material are produced. Select one: True False
False
Materials that are created by the production process from other materials are referred to as _____________ Select one: a. Finished Goods (FERT) b. None of the other answers c. Raw Materials d. Semi-finished Goods (HALB) e. Trading Goods (HAWA)
Finished Goods (FERT)
What are the planned primary costs of canteen cost center? See CO case material. Select one or more: a. Fixed costs of 60 000 (salaries). b. Variable costs of 60 000 (salaries) c. Fixed costs of 90 000 (purchased services). d. Fixed costs of 60 000 (purchased services). e. Variable costs of 150 000 (wages).
Fixed costs of 90 000 (purchased services)., Fixed costs of 60 000 (salaries).
Which of the following are the general classifications of time elements in production? Select one or more: a. Floating b. Variable c. Fixed d. Explosive e. Volatile
Fixed, Variable
Examples of production resource tools are Select one or more: a. Calibration instruments b. Warehouse building c. Fixtures d. Engineering drawings e. Raw materials
Fixtures, Engineering drawings , Calibration instruments
Which of the following statements concerning the leading ledger are true? (Two correct answers) Select one or more: a. It is a type of sub-ledger b. All transaction data are posted to it c. Having a leading ledger is optional d. Global accounting principles are consolidated into it
Global accounting principles are consolidated into it, All transaction data are posted to it
What are the primary ways in which an asset can be acquired? (Three correct answers) Select one or more: a. Externally without a vendor b. By asset liquidation c. Internally by production d. Externally by vendor e. Internally by inventory tracking
Internally by production, Externally by vendor, Externally without a vendor
What is true about a business area? (Three correct answers) Select one or more: a. It helps management monitor performance b. It is a internal division of an enterprise c. It is associated with one company code d. It is used for external reporting
It is a internal division of an enterprise, It helps management monitor performance, It is used for external reporting
hich of the following can be included in processing time? Select one or more: a. Labor time b. Configuring equipment c. Configuring work center d. Setup time e. Machine time
Machine time, Labor time
Which of the following master data is used in numerous processes? Select one: a. Customer Master b. Plant c. Vendor Master d. Company Code e. Material Master
Material Master
Which of the following are types of chart of accounts? (Three correct answers) Select one or more: a. Active COA b. Country specific COA c. Group COA Correct d. Operative COA
Operative COA , Country specific COA, Group COA
From which of the following can financial statements be generated? (Two correct answers) Select one or more: a. Assets b. Revenue accounts c. Operative chart of accounts d. Liability accounts e. Country-specific chart of accounts
Operative chart of accounts, Country-specific chart of accounts
What steps are involved in the accounting portion of the procurement process? Select one: a. Receiving the materials and the invoice b. Creating the purchase requisition and receiving the materials c. Creating and sending the purchase order d. Creating the purchase requisition and sending payment e. Receiving the invoice and sending payment
Receiving the invoice and sending payment
Which of the following statements concerning reconciliation accounts are true? Select one or more: a. Reconciliation account for vendors is accounts payable b. Reconciliation account for customers is accounts receivable c. Reconciliation account for vendors is accounts receivable d. Reconciliation account for customers is accounts payable
Reconciliation account for customers is accounts receivable, Reconciliation account for vendors is accounts payable
Which are the following are options when a production manager receives a planned order? Select one or more: a. Create an alternate planned order b. Combine the planned order with other orders c. Return the order to purchasing d. Reject the planned order e. Authorize the production
Reject the planned order, Combine the planned order with other orders, Authorize the production
Which term is generally used to describe the ways that users can view and analyze data to help them make decisions and complete their tasks? Select one: a. Evaluating b. Characteristics c. Period Definition d. Online Analytic Processing (OLAP) e. Reporting
Reporting
What are the basic time elements in the production process? Select one or more: a. Build time b. Teardown time c. Processing time d. Setup time e. Alternate time
Setup time, Processing time, Teardown time
SAP ERP systems can communicate with Select one or more: a. PDC systems b. Storage facilities c. None of the other alternatives d. Systems that automate tasks in work centers e. Shop floor control systems
Shop floor control systems, PDC systems, Systems that automate tasks in work centers
Capacity split is a strategy that is used to determine how the production work is to be distributed among machines and/or people Select one: True False
True
Component assignment is a technique that assigns components in a BOM either to a routing or to a specific operation within the routing. Select one: True False
True
Customer master data are used in the fulfillment process for generating an invoice for materials or services. Select one: True False
True
Customer master data include data needed to conduct business with customers and to execute transactions that are related specifically to the fulfillment process. Select one: True False
True
If the bill of materials and the routing data are changed after the production order has been created, the system must be manually instructed to reenter the data Select one: True False
True
Material staging is the process in which component materials are moved from storage and prepared for use. Select one: True False
True
Multiple orders can be combined into one delivery if certain conditions are met. Select one: True False
True
Multiple quotations can be combined to create one sales order. Select one: True False
True
Overhead allocation, work in process determination, and order settlement are all included in periodic processing Select one: True False
True
Periodic processing is also known as period-end closing Select one: True False
True
Production resource tools are movable resources that are shared among different work centers. Select one: True False
True
The final step in the fulfillment process is the receipt of payment from the customer. Select one: True False
True
Which of the following types of data is NOT included in a quotation? Select one: a. Vendor master b. Pricing conditions c. Material master d. Customer-material info records e. Customer master
Vendor master
Which of the following is used to integrate several client-server applications and create enterprise mash-ups, or composite applications? Select one: a. Web Services b. Management System c. All of the other answers d. Enterprise System e. Accounting System
Web Services
What data are included in a confirmation? Select one or more: a. Where the work was completed b. Who the material is to be shipped to c. Who completed the work d. How much work was completed e. How much raw material was used
Where the work was completed, How much work was completed, Who completed the work
The master data relevant to the production process are Select one or more: a. Work centers b. Material master c. Bills of material d. Company code e. Client
Work centers, Material master, Bills of material
After the automatic price calculation, the total price for one assembly hour should be? See the CO case material. Select one: a. 45,00 EUR b. 120000 EUR c. 150000 EUR d. None of these prices e. 50,00 EUR
a. 45,00 EUR
Which of the following statements about storage locations are true Select one or more: a. A plant can have more than one storage location b. A storage location can be assigned to more than one plant c. A storage location must be assigned to a plant d. A storage location can hold only materials with a stock status of unrestricted use e. A client can have more than one storage location
a. A plant can have more than one storage location c. A storage location must be assigned to a plane. A client can have more than one storage location
In accounts payable, which general ledger accounts are affected? (Three correct answers) Select one or more: a. Accounts payable reconciliation b. Supplies expense c. Bank d. Vendor
a. Accounts payable reconciliation b. Supplies expense c. Bank
Which of the following are consequences of the invoice verification step of the procurement process? Select one or more: a. An accounting document is created b. A material document is created c. The sales order is updated d. The purchase order history is updated e. G/L accounts are updated
a. An accounting document is created e. G/L accounts are updated The purchase order history is updated,
Which of the following account assignment categories is used when the company acquires a fixed asset? Select one: a. Asset b. Cost center c. Sales order d. Order e. Project
a. Asset
Which one of the following are key organizational data relevant to the production process? Select one or more: a. Company code b. Plant c. Client t d. Storage location e. Credit control area
a. Company code b. Plant c. Client t d. Storage location
Which of the following organizational data are required when creating a purchase requisition? Select one or more: a. Company code b. Purchasing group c. Purchasing organization d. Sales organization e. Storage location
a. Company code b. Purchasing group
__________ is concerned with recording the financial impacts of business processes as they are executed. Select one: a. Financial accounting (Fl) b. Controlling (CO) c. Management accounting d. Bank ledger accounting e. None of the above
a. Financial accounting (Fl)
Which of the following data categories are included in a purchasing info record? Select one or more: a. Freight b. Purchasing organization c. Material number d. Vendor master e. Discounts
a. Freight e. Discounts
Materials designated as________can be withdrawn only for sampling or for scrap. Select one or more: a. In-quality inspection b. Blocked stock c. Material document d. Goods movement e. Purchase info record
a. In-quality inspection b. Blocked stock
Which G/L accounts are impacted by the goods receipt step of the procurement process? Select one or more: a. Inventory account b. Vendor account c. Band account d. Goods receipt / invoice receipt account e. Accounts payable
a. Inventory account d. Goods receipt / invoice receipt account
What does a stock requirement list contain? Select one or more: a. MRP type b. BOM c. All the other answers d. Material e. Plant
a. MRP Type d. Material e. Plant
Which one of the following is not a type of organizational data that is utilized in the procurement process? Select one: a. Manufacturing plant b. Company code c. Client d. Purchasing organization e. Storage location
a. Manufacturing plant
Which of the following data are needed for invoice verification Select one or more: a. Material document b. User input c. Purchase order d. Company code e. Invoice Correct
a. Material document b. User input c. Purchase order e. Invoice
Which of the following are master data that are related to the purchasing process? Select one or more: a. Material master b. Vendor master c. Purchasing organization d. Vendor info records e. Customer master
a. Material master b. Vendor master d. Vendor info records
Material documents consist of a header and an items section. Which of the following are included in the items section. Select one or more: a. Movement type b. Document date c. Document number d. Storage location e. Material number
a. Movement type d. Storage location e. Material number
Which element is not a part of the typical company code data in general ledger accounts? Select one: a. None of the above b. Reconciliation account data c. Tax-related data d. Field status groups e. Line item display
a. None of the above
Standard reporting tools in the transaction system are used to generate which of the following? Select one or more: a. Online lists b. Picking lists c. Work lists d. Inventory lists
a. Online lists c. Work lists
Which element of a purchase order includes communicating with the vendor? Select one: a. Outcome b. Trigger c. Task d. None of the above e. Data
a. Outcome
Which of the following are material types? Select one or more: a. Packaging b. Raw material c. Non-valuated material d. Consumable material e. Consignment material
a. Packaging b. Raw material c. Non-valuated material d. Consumable material
Which user inputs are included in a goods receipt? Select one or more: a. Production order number b. Plant c. Material master d. Quantities e. Dates
a. Production order number d. Quantities e. Dates
Data for source determination are obtained from? Select one or more: a. Purchase info records b. Contracts and agreements c. A source list d. The vendor master record e. A purchase order
a. Purchase info records c. A source list Contracts and agreements
A purchase order can be created with reference to which of the following? Select one or more: a. RFQ b. Purchase info record c. Purchase order d. Sales order e. Purchase requisition
a. RFQ c. Purchase order e. Purchase requisition
Tangible assets can include which of the following? Select one or more: a. Real Estate b. Computers c. Production Machinery d. Mortgage e. Bonds
a. Real Estate b. Computers c. Production Machinery
Which term is a general ledger account that consolidates data from a group of related sub-ledger accounts? Select one: a. Reconciliation account b. Subsidiary ledger c. Line item display d. Sub-ledger e. None of the above
a. Reconciliation account
Which steps are involved in converting a purchase requisition into a purchase order? Select one or more: a. Request for quatation b. Quatation c. Source list d. Storage location e. Outline purchase agreement
a. Request for quatation b. Quatation
Which transaction documents are included in a purchase order? Select one or more: a. Requisition b. RFQ c. Vendor d. Conditions e. Quatation
a. Requisition b. RFQ e. Quatation
What is a storage location? Select one: a. The place where raw materials are received b. The place within a plant where materials are kept until they are needed c. The place within a plant where machines are installed for production purposes d. The place where materials are collected for staging and inspection e. The place within a plant where finished goods are kept for sale
b. The place within a plant where materials are kept until they are needed
What are the key stock types (statuses) utilized in purchasing, based on usability of materials? Select one or more: a. In quality inspection b. Unrestricted use c. Stock on order d. Stock in transit e. Blocked stock
b. Unrestricted use d. Stock in transit e. Blocked stock
Which of the following documents are required for the invoice verification step of the procurement process? Select one or more: a. Material master b. Vendor invoice c. Purchase requisition d. Purchase order e. Material document
b. Vendor invoice d. Purchase order e. Material document
A purchase order can be sent to which of the following? Select one or more: a. A vendor Correct b. A purchasing organizations c. A plant d. A customer e. A purchasing group
c. A plant a. A vendor
The COA segment of the COA data includes which of the following? (Two correct answers) Select one or more: a. Short text b. Account group c. Account number d. Account currency
b. Account group c. Account number
Which of the following is a key process in financial accounting? Select one: a. Income verification b. Accounts receivable accounting c. All of the above d. Sales order processing e. Credit management
b. Accounts receivable accounting
Which of the following is(are) a form of data within the goods receipt step? Select one: a. Storage location b. All of the above c. Verification d. Quantity delivered e. Material ordered
b. All of the above
A production order typically includes references to which of the following? Select one or more: a. Sales order b. BOM c. Routing d. PRT e. Work center
b. BOM c. Routing d. PRT e. Work center
Which term refers to an ordered listing of accounts that comprise a company's general ledger? Select one: a. Balance sheet b. Chart of accounts (COA) c. Bank ledger d. General ledger e. None of the above
b. Chart of accounts (COA)
Which organizational element(s) control(s) the entry of accounting data in the vendor master? Select one: a. Purchasing organization b. Client and company code c. Company code d. Client e. Client and purchasing organization
b. Client and company code
A purchasing organization is involved in all of the following operations except Select one: a. Evaluating and identifying vendors b. Determining storage locations within the plant c. Negotiating contracts and agreements d. Negotiating pricing with vendors
b. Determining storage locations within the plant
Which process tracks the financial impact of process steps with the goal of meeting legal reporting requirements? Select one: a. Human Capital Management (HCM) b. Financial Accounting c. Project Management d. Management Accounting or Controlling (CO) e. None of the other answers
b. Financial Accounting
Which of the following records the impact of a transaction step on financial accounting? Select one: a. Subsidiary ledger b. Financial accounting document c. None of the above d. Parallel accounting document e. Sub-ledger
b. Financial accounting document
Which type of asset has a non-physical form? Select one: a. Tangible asset b. Intangible asset c. Informal asset d. None of the above e. Master asset
b. Intangible asset
Balance sheet accounts are grouped into which of the following categories? Select one or more: a. Revenue b. Liabilities c. Assets d. Equity e. Expenses
b. Liabilities c. Assets d. Equity
To complete a vendor payment, which of the following types of data must be included on the vendor master? Select one or more: a. Amount b. Payment method c. Payment address d. Date e. Payment terms
b. Payment method c. Payment address e. Payment terms
Which of the following are organizational elements in purchasing Select one or more: a. Sales organization b. Plant c. Purchasing area d. Vendor e. Sorage location
b. Plant e. Sorage location
Which of the following is an intersection or combination of material data and vendor data? Select one: a. Condition type b. Purchasing info record c. Stock transfer d. Search term e. Third-party order
b. Purchasing info record
Which of the following facilitates the integration between vendor master data and financial accounting? Select one: a. Material number b. Reconciliation account c. Accounts payable number d. Vendor account number e. Accounts receivable number
b. Reconciliation account
Which of the following tasks are performed during the payment step? Select one or more: a. Updating master data b. Selecting method of payment c. Calculating the payment amount d. Selecting invoice items e. Verifying an invoice
b. Selecting method of payment c. Calculating the payment amount d. Selecting invoice items
What are the organizational data that are included in a planned order? Select one or more: a. Bill of materials b. Storage location c. Company code d. Client e. Plant
b. Storage location c. Company code d. Client e. Plant
Which element of the requirements determination process involves creating the requisition? Select one: a. Trigger b. Task c. Data d. None of the above e. Outcomes
b. Task
All of the following are transaction types that occur during the life of an asset except ___________ . Select one: a. Acquisition b. Retirement c. Allocation d. Depreciation
c. Allocation
Which term represents what a company owns, such as cash, inventory of materials, and buildings? Select one: a. Revenues b. None of the above c. Assets d. Liabilities e. Equity
c. Assets
____________ are internal divisions of an enterprise that are used to define areas of responsibility or to meet the external reporting requirements of an enterprise segment. Select one: a. Cost centers b. Depreciation areas c. Business areas d. Sub-ledgers e. None of the above
c. Business areas
Which one of the following is not a model of the purchasing organization? Select one: a. Plant level b. Cross-plant c. Client level d. Company level e. Enterprise level
c. Client level
Materials that are acquired to be used within the organization are referred to as Select one: a. Vendor materials b. None of the above c. Consumable materials d. Stock materials e. Transfer materials
c. Consumable materials
What cost allocation methods will you use in this CO case? Answer can be found from CO-Case material. Select one: a. Direct activity allocation and settlement b. Percentage allocation and direct reposting c. Direct activity allocation and assessment d. Percentage allocation and statistical key figure e. Direct labor-hours and direct labor cost f. Settlement and distribution
c. Direct activity allocation and assessment
Which term represents the costs associated with creating and selling products and services? Select one: a. None of the above b. Liabilities c. Expenses d. Assets e. Equity
c. Expenses
An organization can possess which of the following types of assets? Select one or more: a. Virtual b. Economic c. Intangible d. Financial e. Tangible
c. Intangible d. Financial e. Tangible
Purchasing information systems are a component of which system? Select one: a. Financial information systems b. Human resource information systems c. Logistics information systems d. Business intelligence systems
c. Logistics information systems
What are the names for the two activity types used in this CO case? See CO case material. Select one: a. Production and service. b. Maintenance and Canteen. c. Maintenance hours and assembly hours. d. Maintenance costs and assembly costs. e. MAI and ASS.
c. Maintenance hours and assembly hours.
A purchasing group is an individual or a group of individuals who are responsible for all of the following except Select one: a. Planning for material requirements b. Creating purchase requisitions c. Negotiating contracts and agreements d. Creating and monitoring purchase orders e. Requesting quotations from vendors
c. Negotiating contracts and agreements
When you are creating the assessment of canteen costs to assembly and maintenance cost centers, the allocation is based on what? See the CO case material. Select one: a. Manufactured motorcycles b. Maintenance and assembly hours c. Number of employees in cost center d. Maintenance and assembly costs e. Canteen costs
c. Number of employees in cost center
How many company codes can a plant belong to? Select one: a. Two b. Three c. One d. Any number
c. One
General data in a vendor master contain all of the following except: Select one: a. Search term b. Name c. Payment terms and methods d. Address e. Communication
c. Payment terms and methods
Which of the following document types is not utilized during the Purchasing process? Select one: a. Invoice b. CO documents c. Picking document d. Material documents e. FI documents
c. Picking document
Which term represents the monies a company earns by selling its products and services? Select one: a. Liabilities b. Assets c. Revenue d. Expenses e. Equity
c. Revenue
Which one of the following combinations of organizational elements is included in the definition of a sales area? Select one: a. Client, plant, division b. Sales organization, company code, division c. Sales organization, distribution channel, division d. Sales organization, distribution channel, plant e. Client, distribution channel, division
c. Sales organization, distribution channel, division
Which term relates to the technical capabilities that allow systems to connect with one another through standardized interfaces called Web services? Select one: a. None of the other answers b. Supply Chain Management c. Service-Oriented Architecture d. Enterprise Resource Planning e. Architecture
c. Service-Oriented Architecture
A FI document includes a header and an items section. Which of the following data are included in the items section? Select one: a. Document currency b. Storage location c. Document date d. Account e. Document number
d. Account
Which attributes are present in the FI document items? (Two correct answers) Select one or more: a. Currency b. Document type c. Posting date d. Amount e. Posting key
d. Amount e. Posting key
Financial statements can be generated from which of the following? Select one: a. Operative COA b. Neither operative nor country-specific COAs c. Country-specific COA d. Both operative and country-specific COAs
d. Both operative and country-specific COAs
Which term represents what a company owes to others, including money owed to vendors and loans from financial institutions? Select one: a. None of the above b. Revenues c. Assets d. Liabilities e. Equity
d. Liabilities
Which of the following is used to implement multiple ledgers and use each ledger for different purposes? Select one: a. Sub-ledger b. None of the above c. Financial accounting document d. Parallel Accounting e. Subsidiary ledger
d. Parallel Accounting
Which of the following are organizational element in purchasing? Select one or more: a. Company code b. Shipping point c. Materials d. Plant e. Vendors
d. Plant, company code
What function does the warehouse perform in the fulfillment process? Select one: a. None of the other answers b. Notifies the customer c. Tracks the order d. Prepares and sends the shipment to the customer e. Communicates data related to the order to other parts of the organization
d. Prepares and sends the shipment to the customer
Which one of the following is not one of the data types that are relevant to the purchasing process? Select one: a. Conditions b. Purchasing info records c. Material master d. Sales master e. Vendor master
d. Sales master
A company can use which of the following to select a vendor from a list of potential suppliers ? Select one: a. Company code b. Vendor master c. None of the above d. Source list e. Material master
d. Source list
Which of the following are methods of valuing materials? Select one or more: a. Actual price b. Moving (average) price c. Selling price d. Standard price e. Purchasing price
d. Standard price b. Moving (average) price
Which type of asset has a physical form? Select one: a. Intangible asset b. None of the above c. Informal asset d. Tangible asset e. Master asset
d. Tangible asset
Which element of the payment step includes selecting a bank? Select one: a. None of the above b. Trigger c. Outcome d. Task e. Data
d. Task
How does GBI Global sell its merchandise? Select one: a. Directly to customers b. None of the answers c. Via the Internet d. Via a network of specialized dealers e. All of the answers
d. Via a network of specialized dealers
Which of the following statements about a plant is not true? Select one: a. A plant must have at least one storage are b. A plant is a key organizational element in purchasing c. A plant can be assigned to only one company code d. A company code can have more than one plant e. A plant can be assigned to more than one company code
e. A plant can be assigned to more than one company code
SAP can utilize which of the following media to communicate with a vendor? Select one: a. Web services b. EDI c. Print d. Fax e. All of the above
e. All of the above
Within the plant-level purchasing organization, also known as a plant-specific purchasing Organization, Select one: a. Two or more purchasing organizations are responsible for each plant b. One purchasing organization is responsible for all company codes in the enterprise c. Only one purchasing organization for all plants d. One purchasing organization is responsible for multiple plants e. Each plant has its own purchasing organization
e. Each plant has its own purchasing organization
Which of the following is used to report data needed to meet legal and regulatory requirements? Select one: a. Assets b. Tangible document c. None of the above d. Equity e. Financial statement
e. Financial statement
Data in the vendor master are grouped into which three segments? Select one: a. General data, storage data, and inventory data b. General data, storage data, and purchasing data c. Storage data, accounting data, and pricing data d. Storage data, accounting data, and purchasing data e. General data, accounting data, and purchasing data
e. General data, accounting data, and purchasing data
What is the step you should do after planned activity output? See the CO case material. Select one: a. Performing Assessment for Canteen Costs b. Planning Internal Activity Inputs c. Planning the Number of Employees d. Automatic Price Calculation e. Planning Primary Cost Inputs f. Planning the Number of Employees
e. Planning Primary Cost Inputs
Which of the following is not a mode of acquiring an asset for a company? Select one: a. Acquire from a vendor without using the purchasing process b. Acquiring internally via the production process c. Acquiring without a vendor d. Acquire from a vendor using the purchasing process e. Selling equipment
e. Selling equipment
Which of the following statements about purchasing organizations are correct? Select one or more: a. They can purchase only for one company b. They negotiate conditions of purchase with vendors c. They can purchase for multiple plants, but they must be within the same company code d. They identify a buyer or a group of buyers e. They can purchase for multiple plants
e. They can purchase for multiple plants b. They negotiate conditions of purchase with vendors
Which of the following are account assignment categories? Select one or more: a. Project b. Cost center c. Sales order d. Asset e. Order
ALL
A cost center: Select one or more: a. Is similar to a cost object b. Can be associated with a department c. Is associated with locations where costs are incurred d. Absorbs costs
ALL
SAP can utilize which of the following forms of media to communicate with a vendor? Select one or more: a. E-mail b. EDI c. Fax d. Print e. Web Services
ALL
Reporting in financial accounting is broadly divided into which of the following two categories? (two correct answers) Select one or more: a. Automatic posting of accounts b. Generating financial statements c. Displaying account information d. Recording transactions e. Posting goods issue
. Generating financial statements Displaying account information
A purchase order is typically created with reference to:_____________. Select one or more: a. Purchase requisition b. Previously created purchase order c. Quatation d. RFQ e. Sales order
. Purchase requisition d. RFQ Previously created purchase order
How many employees are working in assembly cost center. See CO case material. Select one: a. 15 employees b. 20 employees c. 5 employees d. 10 employees
15 employees
Which of the following statements regarding reconciliation accounts are not true? (One correct answer) Select one or more: a. None of the above b. Data are posted directly into them c. Data are automatically posted into them after they are posted to the corresponding sub-ledger Incorrect d. The reconciliation account includes the sum of the postings of the sub-ledgers.
: Data are posted directly into them
What is a cost element? See the slides. Select one or more: a. Postings in FI that impact cost accounts lead to a posting in CO to a cost element. b. Expense account = cost element - just different words depending on whether FI object or CO object. c. A one-to-one linkage (mapping) between General Ledger expense accounts and CO cost elements is established to permit the transfer of FI expense information to CO. d. A one-to-one linkage (mapping) between General Ledger revenue accounts and CO revenue elements is established to permit the transfer of FI revenue information to CO.
A one-to-one linkage (mapping) between General Ledger expense accounts and CO cost elements is established to permit the transfer of FI expense information to CO., Postings in FI that impact cost accounts lead to a posting in CO to a cost element., Expense account = cost element - just different words depending on whether FI object or CO object.
Which of the following does the balance sheet include? Select one or more: a. Assets b. Expenses c. Liabilities d. Revenue
Assets, Liabilities
Which process is concerned with recording data associated with bank statements? Select one: a. General ledger accounting b. Fixed asset accounting c. None of the above d. Bank ledger accounting e. Accounts receivable accounting
Bank ledger accounting
What does the COA data include? (Two correct answers) Select one or more: a. Storage location segment b. Company code segment c. Plant segment d. Client segment
Client segment, Company code segment
Which of the following best describes the operative chart of accounts? Select one: a. Contains only accounts payable transactions b. Contains only accounts receivable transaction c. Contains accounts that are used by multiple companies to consolidate their financial reporting d. Contains the operational accounts that are used to record the financial impact of an organization's day-to-day transactions e. Used to enable companies to meet special country-specific reporting requirements
Contains the operational accounts that are used to record the financial impact of an organization's day-to-day transactions
Which attributes are present in the FI document header? Select one or more: a. Amount b. Document type c. Posting key d. Currency e. Posting date
Document type, Posting date, Currency
A bill of materials identifies the finished goods that are to be shipped to a specific customer. Select one: True False
False
A company code must have at least two sales organizations. Select one: True False
False
A customer-material info record is an intersection of customer data and sales data. Select one: True False
False
What is a cost center? See the slides and the CO case material. Select one or more: a. Cost center is a database that contains all critical information about materials.ation about materials. b. The smallest organizational unit for which a complete, self-contained set of financial accounts can be drawn up for external reporting purposes. c. Cost centers are organizational units that perform operation functions within a plant. d. Organizational unit within a controlling area. e. Specifies a uniquely definable instance where costs are incurred. f. A component of one or more company codes within the same controlling area that is set up for external reporting purposes. g. Unit that is distinguished, for example, by area of responsibility, location, or type of activity.
Organizational unit within a controlling area. Specifies a uniquely definable instance where costs are incurred. Unit that is distinguished, for example, by area of responsibility, location, or type of activity.
What are "activity types" used for? See the CO case material. Select one or more: a. Organizational units within the controlling area that classify the activities performed by a cost center. b. Classifies the organization's valuated consumption of production factors within a controlling area. c. Examples of activity types are Recruiting campaign and Trade show/Fair. d. To summarize or group together various types of master data for use in reporting. e. As units of measure, activity types are used to allocate internal activities. f. They are used to plan, collect, and monitor the costs associated with a distinct short-term event, activity, or project.
Organizational units within the controlling area that classify the activities performed by a cost center., As units of measure, activity types are used to allocate internal activities.
The material master is grouped into different views or segments based on which factors? Select one or more: a. Organizational level b. Processes that use the materials c. Material description d. Material type e. Material composition
Processes that use the materials, Material type, Organizational level
What is a "statistical key figure" used for? See the slides and CO case material. Select one or more: a. Utilized to support internal cost allocations involving allocations, assessments, and distributions. t b. SKF is used to plan, collect, and monitor the costs associated with a distinct short-term event, activity, or project.. c. SKF is an indicator that determines how an activity type is allocated. d. Examples of statistical key figures are number of employees and square footage. e. Statistical Key Figures (SKFs) are a type of cost driver used in the R/3 system to allocate costs from a service department to a user department.
Statistical Key Figures (SKFs) are a type of cost driver used in the R/3 system to allocate costs from a service department to a user department., Utilized to support internal cost allocations involving allocations, assessments, and distributions., Examples of statistical key figures are number of employees and square footage.
Which of the following are included in the header information of a production order? Select one or more: a. Plant b. Work center c. Material number d. Validity e. Status
Status, Plant, Validity
A customer‐material information record is comprised of master data specific to one customer and one material. Select one: True False
True
A time ticket is used to record the amount of time required to complete various operations Select one: True False
True
All operations must be performed in some type of sequence, and many operations can be completed in a variety of sequences. Select one: True False
True
An active bill of materials can be used in the production of a material, but an inactive BOM cannot. Select one: True False
True
What are the primary and secondary cost elements? See the slides and CO case material. Select one or more: a. Secondary cost elements are used exclusively in CO for allocations and settlements between and amongst cost centers. b. Primary cost element provide the foundation for revenue generation. c. Secondary cost elements do not have any corresponding, cost-relevant G/L account. d. Internal cost flows and activity flows are always allocated in SAP ERP using secondary cost elements. e. Secondary cost elements are used to plan, collect, and monitor the costs associated with a distinct short-term event, activity, or project. f. Primary cost elements originate in the General Ledger within FI and are automatically transferred to CO when an FI transaction is recorded in the General Ledger. g. Secondary cost element is an indicator that determines how an activity type is allocated.
a. Secondary cost elements are used exclusively in CO for allocations and settlements between and amongst cost centers. c. Secondary cost elements do not have any corresponding, cost-relevant G/L account. d. Internal cost flows and activity flows are always allocated in SAP ERP using secondary cost elements. f. Primary cost elements originate in the General Ledger within FI and are automatically transferred to CO when an FI transaction is recorded in the General Ledger.
Which of the following are consequences of the goods receipt step in the procurement process? Select one or more: a. The material master is updated b. The purchase order history is updated c. A material document is created d. An accounting document is created e. The document flow is updated
a. The material master is updated b. The purchase order history is updated c. A material document is created d. An accounting document is created
The key data in the purchasing view of the material master are Select one: a. The purchasing group, the goods receipt processing time, and the delivery tolerances b. The purchasing group, the invoice, and the delivery tolerances c. The purchasing group, the material master, and the delivery tolerances d. The price, the storage location, and the delivery date e. The purchasing organization, the goods receipt processing time, and the delivery tolerances
a. The purchasing group, the goods receipt processing time, and the delivery tolerances
Which item category would you use to have your vendor ship goods directly to your customer? Select one: a. Third-party b. Stock transfer c. Transfer posting d. Standard e. Consignment
a. Third-party
Which of the following is a form of invoice verification? Select one: a. Three-way match b. Warehouse management c. Inspection lot d. Quality management e. None of the above
a. Three-way match
Data from which of the following sources are automatically included in a purchase order Select one or more: a. Vendor master b. Purchasing organization c. Vendor info record d. Purchasing info record e. Material master
a. Vendor master d. Purchasing info record e. Material master
A planned order is a formal request that indicates Select one or more: a. What materials are needed b. When the materials are needed c. Where the finished goods are to be shipped d. How many units of a product are needed e. Where the raw materials are stored
a. What materials are needed b. When the materials are needed d. How many units of a product are needed
Why would one make cost center groups in SAP? See the CO case material. Select one or more: a. May include one or more company codes; therefore, an enterprise can perform management accounting analyses and reports across several companies. b. To evaluate the return on investment. c. To model the company's structure as cost centers. d. To define where and by whom an operation is performed. e. To identify and track where revenues and costs are incurred for evaluation purposes. f. To form cost center hierarchies that summarize the areas for decision-making, responsibility, and control according to the company's specific needs.
c. To model the company's structure as cost centers To form cost center hierarchies that summarize the areas for decision-making, responsibility, and control according to the company's specific needs. Correct
Which item is included in the header of a purchase order? Select one: a. Delivery date b. None of the above c. Vendor d. Price e. Order quantity
c. Vendor
Which G/L accounts are impacted by the invoice verification step of the procurement Select one or more: a. Bank account b. Inventory account c. Vendor account d. Goods receipt / invoice receipt account e. Accounts payable
c. Vendor account d. Goods receipt / invoice receipt account e. Accounts payable
When does a credit take place? Select one or more: a. When revenue and liabilities increase b. When revenue and liabilities decrease c. When assets and expenses decrease d. When assets and expenses increase
c. When assets and expenses decrease
When does a debit take place? Select one or more: a. When revenue and liabilities increase b. When revenue and liabilities decrease c. When assets and expenses increase d. When assets and expenses decrease
c. When assets and expenses increase When revenue and liabilities decrease
How many hours during the current fiscal year we plan that the maintenance cost center will do for assembly cost center? See the CO case material. Select one: a. 6000 hours b. 1200 hours c. 1800 hours d. 600 hours
d. 600 hours
How many hours we plan for the yearly activity output of assembly? See the CO case material. Select one: a. 7800 hours b. 1800 hours c. 1600 hours d. 6000 hours
d. 6000 hours
What type of materials is purchased from a vendor? Select one: a. None of the other options b. Material Types c. Finished Goods (FERT) d. Semi-finished Goods (HALB) e. Trading Goods
e. Trading Goods
Which of the following goods movements need not involve a physical movement of materials? Select one: a. Goods issue b. Stock transfer c. Goods receipt d. None of the above (all involve physical movement of materials) e. Transfer posting
e. Transfer posting
A company code is divided into several sales organizations, each of which is responsible for the sale and distribution of goods and services for a particular geographical area. Select one: True False
True
A distribution channel can be assigned to multiple sales areas Select one: True False
True
A distribution channel is the means by which a company delivers its goods and services to its customers. Select one: True False
True
A line item in a sales order can include multiple schedule lines. Select one True False
True
A one-to-many relationship exists between a sales area and plants. Select one: True False
True
A quotation can result in multiple sales orders. Select one: True False
True
A sales area can be assigned to only one company code. Select one: True False
True
A sales organization is responsible for negotiating terms and conditions of sales for a particular market. Select one: True False
True
A sales organization is used to divide a market based on geographic characteristics. Select one: True False
True
An inquiry is a request for information regarding a potential order that the customer places with the company. Select one: True False
True
Distribution channels can be used to differentiate between wholesale, retail, and Internet sales strategies. Select one: True False
True
Organizational elements essential to the fulfillment process include client, company code, sales area, and plant. Select one: True False
True
Sales plant data include details on how the material will be shipped from the plant. Select one: True False
True
Which term refers to business processes that are not executed by a single group or function? Select one: a. Cross-Functional b. Silo Effect c. Enterprise Systems d. Organizational Structure e. Functional Structure
. Cross-Functional
Which system connects a company's ERP system to those of its customers? Select one: a. Customer Relationship Management (CRM) b. Enterprise Solution c. Product Lifecycle Management (PLM) d. Application Platform e. None of the other answers
. Customer Relationship Management (CRM)
_____________ provides tools to manage and store documents securely and to keep track of the multiple versions of these documents? Select one: a. Document Management b. Material Planning c. None of the other answers d. Enterprise Management e. Project Management
. Document Management
Which process focuses on people within an organization and includes functions such as recruiting, hiring, training, and benefits management? Select one: a. Human Capital Management (HCM) b. Financial Accounting c. Project Management d. Management Accounting or Controlling (CO) e. None of the other answers
Human Capital Management (HCM)
Which of the following terms refers to an organizational element that performs multiple functions and is relevant to several processes? Select one: a. Warehouse b. Procurement c. Fulfillment d. Lifecycle Data Management e. Plant
Plant
Which of the following types of data is NOT included in a billing document? Select one: a. Pricing conditions b. Organizational data c. Data from the delivery document d. Data from the customer master e. Data from the sales order
Pricing conditions
All of the following are key organizational elements in the fulfillment process except Select one: a. Client b. Warehouse c. Plant d. Sales area e. Company code
Warehouse
Pre-sales activity includes all of the following except Select one: a. Customer purchase orders b. Quotations c. Tracking customer contacts d. Mailing campaigns e. Customer inquiries
a. Customer purchase orders
Which of the following organizational levels is associated with the method used to distribute materials to a customer? Select one: a. Distribution channel b. Sales group c. Sales organization d. Division e. Sales area
a. Distribution channel
The shipping step concludes with Select one: a. Goods issue b. Picking c. Goods receipt d. Goods delivery e. Packing
a. Goods issue
Which process supports the design and development of products from the initial product idea stage through the discontinuation of the product? Select one: a. Lifecycle Data Management b. Procurement Process c. Fulfillment Process d. Production Process e. Material Planning
a. Lifecycle Data Management
Which of the following systems helps companies administer the processes of research, design, and product management? Select one: a. Product Lifecycle Management (PLM) b. Customer Relationship Management (CRM) c. Enterprise Solution d. Application Platform e. None of the other answers
a. Product Lifecycle Management (PLM)
Which of the following statements regarding customer master data is NOT true? Select one: a. They include data that are needed to make postings in CO. b. They include data that are stored at the client level. c. They contain data that are needed to make postings in FI. d. They are valid for a specific sales area.
a. They include data that are needed to make postings in CO.
Which of the following is not taken into consideration when determining a customer's credit exposure? Select one: a. current purchase orders b. scheduled deliveries c. open orders d. open invoices
a. current purchase orders
Which process uses historical data and sales forecasts to plan which materials will be procured and produced? Select one: a. Fulfillment Process b. Material Planning c. Procurement Process d. Production Process e. Lifecycle Data Management
b. Material Planning
Which reporting options does SAP ERP system support? Select one: a. Work lists b. All of the above c. Online lists d. Analytics
b. All of the above
Which term refers to the technical structure of the software, how users interact with the software, and how the software is physically managed on computer hardware? Select one: a. Supply Chain Management b. Architecture c. Enterprise Resource Planning d. Service Oriented Architecture e. None of the other answers
b. Architecture
Material master data are grouped into views. Which one of the following combination of views is relevant to the fulfillment process? Select one: a. Basic data, sales organization data, client data b. Basic data, sales organization data, sales plant data c. Client data, sales area data, sales plant data d. Basic data, sales area data, warehouse data e. Basic data, company data, sales plant data
b. Basic data, sales organization data, sales plant data
The data in the customer master are divided into the following three segments: Select one: a. Client data, accounting data, and sales zone data b. General data, accounting data, and sales area data c. Plant data, accounting data, and sales area data d. General data, accounting data, and shipping area data e. General data, financial data, and sales zone data
b. General data, accounting data, and sales area data
Which of the following is concerned with the storage and movementof materials? Select one: a. Business Planning b. Inventory and warehouse management (IWM) c. Project Management d. Material Planning e. Silo Effect
b. Inventory and warehouse management
Which of the following statements about SAP R/3 is true? Select one: a. None of the other answers b. It is an end-to-end enterprise syste c. Sharing data between departments is problematic d. It supports a single function or department
b. It is an end-to-end enterprise system
___________ is concerned with matching the demand for materials in the organization with the supply. Select one: a. The Silo Effect b. Material Plannin c. Business Planning d. Project Management e. None of the other answers
b. Material Planning
Which of the following is(are) used to represent the structure of an enterprise? Select one: a. Project Management b. Organizational Data c. Plant d. Lifecycle Data Management e. Client
b. Organizational Data
Output conditions include all of the following types of data except Select one: a. Transmission time b. Output mode c. Output type d. Transmission medium
b. Output mode
Materials that are purchased from an external source (a vendor) and used in the production process are known as ______________ Select one: a. Trading Goods (HAWA) b. Raw Materials c. Semi-finished Goods (HALB) d. None of the answers e. Finished Goods (FERT)
b. Raw Materials
What is the final step in the fulfillment process? Select one: a. Picking goods for shipment b. Receipt of payment from the customer c. Delivery of goods to the customer d. Receipt of goods from a vendor e. Receipt of a customer purchase order
b. Receipt of payment from the customer
What steps are involved in the accounting portion of the procurement process? Select one: a. Creating the purchase requisition and sending payment b. Receiving the invoice and sending payment c. Creating and sending the purchase order d. Creating the purchase requisition and receiving the materials e. Receiving the materials and the invoice
b. Receiving the invoice and sending payment
Which term refers to all of the activities involved in buying or acquiring the materials used by the organization, such as raw materials needed to make products? Select one: a. Lifecycle Data Management b. Production Process c. Procurement Process d. Fulfillment Process e. Material Planning
c. Procurement Process
Which term refers to a system in which workers complete their tasks in separate departments without regard to the consequences for the other components of the process? Select one: a. Enterprise Systems b. ERP Effect c. Silo Effect d. Functional Structure e. Cross-Functional
c. Silo Effect
In the fulfillment process, a plant is Select one: a. A manufacturing facility only b. A facility from which the company provides after-sales support c. A facility from which the company delivers products and services to its customers d. A storage area e. A facility from which the company delivers only services to its customers
c. A facility from which the company delivers products and services to its customers
Which of the following statements regarding the fulfillment process is NOT true? Select one: a. One delivery document can be created from multiple sales order documents. b. A quotation can generate multiple sales orders. c. A sales order must be created with reference to a quotation. d. An accounting document is created when a goods issue is posted.
c. A sales order must be created with reference to a quotation
All of the following are examples of a shipping point except Select one: a. A mail room b. A designated group of employees c. A storage rack d. A loading dock e. A rail depot
c. A storage rack
The fulfillment process is integrated with all of the following processes except Select one: a. Procurement b. Material planning c. Asset management d. Inventory and warehouse management
c. Asset management
Which of the following organizational levels is associated with a company's product line? Select one: a. Sales area b. Sales organization c. Division d. Distribution channel e. Sales group
c. Division
Which process tracks the financial impact of process steps with the goal of meeting legal reporting requirements? Select one: a. Human Capital Management (HCM) b. None of the other answers c. Financial Accounting d. Management Accounting or Controlling (CO) e. Project Management
c. Financial Accounting
Which of the following is(are) used to capture specified transaction data in an aggregated and summarized form that enables users to analyze the data as needed. Select one: a. Online Analytic Processing (OLAP) b. Reporting c. Information Structures d. Evaluating e. Period Definition
c. Information Structures
Which of the following is NOT a key step in the fulfillment process? Select one: a. Pre-sales activity b. Inventory sourcing c. Invoice verification d. Sales order processing e. Shipping
c. Invoice verification
Which of the following is NOT a typical characteristic of a wholesale channel? Select one: a. It may designate a specific plant or plants from which deliveries are made. b. It does not include sales taxes in calculating prices in the US. c. It distributes goods directly to consumers. d. It offers volume discounts. e. It requires a minimum volume of purchase.
c. It distributes goods directly to consumers.
What is the final step of the procurement process? Select one: a. Purchase Order b. None of the other answers c. Payment d. Purchase Requisition e. Invoice
c. Payment
Which master data do companies use to determine the prices of their products? Select one: a. Tax allowances b. Wholesale price c. Pricing conditions d. Selling price e. Price comparison
c. Pricing conditions
What is the first step of the production process? Select one: a. Receive Finished Goods b. Authorize Production c. Request Production d. Issue Raw Materials e. Create Product
c. Request Production
____________reflect(s) the consequences of executing process steps. Select one: a. None of the answers b. Material Groups c. Transaction Data d. Organizational Data e. Project Management
c. Transaction Data
Which of the following statements about business processes is true? Select one: a. They are executed across multiple functions. b. They are initiated by some type of trigger. c. They involve multiple steps. d. All of the above e. None of the above
d. All of the above
Which term represents a set of tasks or activities that produce desired outcomes? Select one: a. Enterprise Resource Planning b. Trigger c. Outcome d. Business Process e. None of the other answers
d. Business Process
Which system supports business processes end to end? Select one: a. Accounting System b. Management System c. Document System d. Enterprise System e. Functional Structure
d. Enterprise System
What document is NOT created during the billing step of the fulfillment process if profitability analysis is active? Select one: a. An invoice b. An FI document c. A CO document d. A material document
d. A material document
Which process involves the actual creation of the products? Select one: a. Procurement Process b. Lifecycle Data Management c. Fulfillment Process d. Production Process e. Material Planning
d. Production Process
Which process is used to plan and execute large projects such as the construction of a new factory or the production of complex products such as airplanes? Select one: a. None of the other answers b. Human Capital Management (HCM) c. Financial Accounting d. Project Management e. Management Accounting or Controlling (CO)
d. Project Management
The highest organizational level in SAP ERP is the .... Select one: a. Vendor b. Plant c. None of the other answers d. Material Master e. Client
e. Client
_____________enables an organization to optimize its product development process, from design to market, while ensuring that it complies with industry, quality, and regulatory standards? Select one: a. None of the other answers b. Business Planning c. Material Planning d. Project Management e. Lifecycle Data Management
e. Lifecycle Data Management
Which of the following terms refers to materials with similar characteristics? Select one: a. Material number b. None of the answers c. Transaction Data d. Material Master e. Material Group
e. Material Group
Which one of the following represents the correct order of process steps for the fulfillment process? Select one: a. Pre-sales activity, payment, sales order processing, inventory sourcing, shipping, billing b. Pre-sales activity, sales order processing, shipping, billing, inventory sourcing, payment c. Sales order processing, pre-sales activity, inventory sourcing, billing, billing, payment d. Sales order processing , pre-sales activity, inventory sourcing, shipping, billing, payment e. Pre-sales activity, sales order processing, inventory sourcing, shipping, billing, payment
e. Pre-sales activity, sales order processing, inventory sourcing, shipping, billing, payment
Which of the following organizational levels is NOT relevant to the fulfillment process? Select one: a. Shipping point b. Storage location c. Sales area d. Plant e. Purchasing organization
e. Purchasing organization
Which action triggers sales order processing in the fulfillment process? Select one: a. Delivery of goods to the customer b. Receipt of payment from customer c. Receipt of goods from a vendor d. Picking goods for shipment e. Receipt of a customer purchase order
e. Receipt of a customer purchase order
Which program is the "operating system" for an entire company's business processes? Select one: a. SAP Prolific b. Microsoft Vista c. Linux d. None of the other answers e. SAP NetWeaver
e. SAP NetWeaver
All of the following are key organizational elements for which material master data are defined for the fulfillment process except Select one: a. Plant b. Distribution channel c. Client d. Sales organization e. Shipping point
e. Shipping point
Financial accounting (FI) documents, management accounting or controlling (CO) documents, and material documents are referred to as Select one: a. Transaction Documents b. None of the answers c. Material Group d. Transaction Data e. Virtual Documents
e. Virtual Documents
Which of the following identify tasks that are scheduled to be completed in a process? Select one: a. Online Lists b. Parameters c. Period definitions d. Information Structures e. Work Lists
e. Work Lists
