SAP Ch 1-2 Quiz

Which process tracks the financial impact of process steps with the goal of meeting legal reporting requirements?

Financial Accounting

How does GBI Global sell its merchandise?

Via a network of specialized dealers

What is the final step of the procurement process?

Payment

_____________ provides tools to manage and store documents securely and to keep track of the multiple versions of these documents?

Document Management

Which of the following is concerned with the storage and movement of materials?

Inventory and warehouse management (IWM)

Which process uses historical data and sales forecasts to plan which materials will be procured and produced?

Material Planning

What function does the warehouse perform in the fulfillment process?

Prepares and sends the shipment to the customer

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?

Procurement Process

What steps are involved in the accounting portion of the procurement process?

Receiving the invoice and sending payment

What is the first step of the production process?

Request Production