ERP test 1

Which element of the payment step includes selecting a bank?

Task

Which element of the requirements determination process involves the requisition creation?

Task

Which of the following statements about a plant is NOT true?

A plant can be assigned to more than one company code

Which of the following organizational levels is associated with a company's product line?

Division

Which of the following records the impact of a transaction step on financial accounting? Subsidiary ledger Financial accounting document Parallel accounting document None of the above Sub-ledger

Financial Accounting Document

Which of the following is(are) used to represent the structure of an enterprise? a. Organizational Data b. Project Management c. Client d. Plant e. Lifecycle Data Management

a

Which of the following master data is used in numerous processes? a. Material Master b. Plant c. Company Code d. Customer Master e. Vendor Master

a

Which of the following organizational levels is NOT relevant to the fulfillment process? a. Purchasing organization b. Shipping point c. Storage location d. Sales area e. Plant

a

Which of the following statements regarding customer master data is NOT true? a. They include data that are needed to make postings in CO. b. They are valid for a specific sales area. c. They contain data that are needed to make postings in FI. d. They include data that are stored at the client level

a

Which of the following types of data is NOT included in a billing document? a. Pricing conditions b. Data from the delivery document c. Data from the sales order d. Data from the customer master e. Organizational data

a

Which process focuses on people within an organization and includes functions such as recruiting, hiring, training, and benefits management? a. Human Capital Management (HCM) b. Project Management c. Financial Accounting d. Management Accounting or Controlling (CO) e. None of the above

a

Which process is concerned with recording data associated with bank statements? a. Bank ledger accounting b. Fixed asset accounting c. General ledger accounting d. Accounts receivable accounting e. None of the above

a

Which process uses historical data and sales forecasts to plan which materials will be procured and produced? a. Material Planning b. Procurement Process c. Production Process d. Fulfillment Process e. Lifecycle Data Management,

a

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? a. Architecture b. Supply Chain Management c. Enterprise Resource Planning d. Service Oriented Architecture e. None of the above

a

Which term represents a set of tasks or activities that produce desired outcomes? a. Business Process b. Trigger c. Outcome d. Enterprise Resource Planning e. None of the above

a

Which term represents what a company owns, such as cash, inventory of materials, and buildings? a. Liabilities b. Equity c. Assets d. Revenues e. None of the above

c

____________reflect(s) the consequences of executing process steps. a. Material Groups b. Organizational Data c. Transaction Data d. Project Management e. None of the above

c

Which of the following are materials acquired to be consumed or used within the organization?

Consumable materials

Which of the following categories are used when the company acquires a fixed asset?

Asset

Which of the following is NOT a document in Purchasing?

Delivery document

Which of the following goods movement need NOT involve a physical transfer of materials?

Transfer posting

Which of the following is a form of invoice verification? a. three way match b. quality management c. inspection lot

a

A company can use which of the following to select a vendor from a list of potential suppliers? a. Source list b. Company code c. Vendor master d. Material master e. None of the above

a

How many company codes can a plant belong to? a. One b. Two c. Three d. Any Number

a

Materials that are created by the production process from other materials are referred to as _____________ a. Finished Goods (FERT) b. Semi-finished Goods (HALB) c. Trading Goods (HAWA) d. Raw Materials e. None of the above

a

What document is NOT created during the billing step of the fulfillment process if profitability analysis is active? a. A material document b. An invoice c. An FI document d. A CO document

a

What function does the warehouse perform in the fulfillment process? a. Prepares and sends the shipment to the customer b. Communicates data related to the order to other parts of the organization c. Tracks the order d. Notifies the customer e. None of the above

a

What type of materials is purchased from a vendor? a. Trading Goods b. Finished Goods (FERT) c. Semi-finished Goods (HALB) d. Material Types e. None of the above

a

Which of the following best describes the operative chart of accounts? a.Contains the operational accounts that are used to record the financial impact of an organization's day-to-day transactions b.Used to enable companies to meet special country-specific reporting requirements c.Contains only accounts payable transactions d.Contains accounts that are used by multiple companies to consolidate their financial reporting e.Contains only accounts receivable transactions

a

Which of the following is NOT a typical characteristic of a wholesale channel? a. It distributes goods directly to consumers. b. It requires a minimum volume of purchase. c. It does not include sales taxes in calculating prices in the US. d. It may designate a specific plant or plants from which deliveries are made. e. It offers volume discounts.

a

With the plant-level purchasing organization, also known as a plant-specific purchasing organization a. Each plant has its own purchasing organization b. One purchasing organization is responsible for multiple plants c. Only one purchasing organization for all plants d. One purchasing organization is responsible for all company codes in the enterprise e. Two or more purchasing organizations are responsible for each plant

a

_____________ provides tools to manage and store documents securely and to keep track of the multiple versions of these documents? a. Document Management b. Enterprise Management c. Project Management d. Material Planning e. None of the above

a

A purchasing group is an individual or a group of individuals who are responsible for all but one of the following a. Creating purchase requisitions b. Negotiating contracts and agreements c. Requesting quotations from vendors d. Creating and monitoring purchase orders e. Planning for material requirements

b

All of the following are examples of a shipping point except a. A loading dock b. A storage rack c. A rail depot d. A mail room e. A designated group of employees

b

How does GBI Global sell its merchandise? a. Directly to customers b. Via a network of specialized dealers c. Via the Internet d. All of the above e. None of the above

b

Material master data are grouped into views. Which one of the following combination of views is relevant to the fulfillment process? a. Basic data, sales area data, warehouse data b. Basic data, sales organization data, sales plant data c. Basic data, sales organization data, client data d. Client data, sales area data, sales plant data e. Basic data, company data, sales plant data

b

Output conditions include all of the following types of data except a. Transmission time b. Output mode c. Transmission medium d. Output type

b

The highest organizational level in SAP ERP is the a. Vendor b. Client c. Material Master d. Plant e. None of the above

b

The key data in the purchasing view are a. The purchasing organization, the goods receipt processing time, and the delivery tolerances b. The purchasing group, the goods receipt processing time, and the delivery tolerances c. The purchasing group, the invoice, and the delivery tolerances d. The purchasing group, the material master, and the delivery tolerances e. The price, the storage location, and the delivery date

b

The shipping step concludes with _________ a. Packing b. Goods issue c. Goods receipt d. Goods delivery e. Picking

b

What is known as a Storage location? 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 where materials are collected for staging and inspection d. The place within a plant where machines are installed for production purposes e. The place within a plant where finished goods are kept for sale

b

What is the final step in the fulfillment process? a. Delivery of goods to the customer b. Receipt of payment from the customer c. Receipt of a customer purchase order d. Receipt of goods from a vendor e. Picking goods for shipment

b

What is the first step of the production process? a. Authorize Production b. Request Production c. Create Product d. Receive Finished Goods e. Issue Raw Materials

b

Which master data do companies use to determine the prices of their products? a. Price comparison b. Pricing conditions c. Selling price d. Tax allowances e. Wholesale price

b

Which of the following is NOT a key step in the fulfillment process? a. Pre-sales activity b. Invoice verification c. Shipping d. Inventory sourcing e. Sales order processing

b

Which of the following is a key process in financial accounting? a. Sales order processing b. Accounts receivable accounting c. Credit management d. Income verification e. All of the above

b

Which of the following is an intersection or combination of material and vendor data: a. Condition type b. Purchasing info record c. Stock transfer d. Third-party e. Search term

b

Which of the following statements about SAP R/3 is true? a. It supports a single function or department b. It is an end-to-end enterprise system c. Sharing data between departments is problematic d. None of the above

b

Which of the following statements regarding the fulfillment process is NOT true? a. One delivery document can be created from multiple sales order documents. b. A sales order must be created with reference to a quotation .c. An accounting document is created when a goods issue is posted. d. A quotation can generate multiple sales orders.

b

Which of the following terms refers to materials with similar characteristics? a. Material Master b. Material Group c. Transaction Data d. Material number e. None of the above

b

Which one of the following represents the correct order of process steps for the fulfillment process? a. Pre-sales activity, payment, sales order processing, inventory sourcing, shipping, billing b. Pre-sales activity, sales order processing, inventory sourcing, shipping, billing, 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, shipping, billing, inventory sourcing, payment

b

Which process is used to manage money owed by customers for goods and services purchased from the company? a. General ledger accounting b. Accounts receivable accounting c. Fixed asset accounting d. Bank ledger accounting e. All of the above

b

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? a. Human Capital Management (HCM) b. Project Management c. Financial Accounting d. Management Accounting or Controlling (CO) e. None of the above

b

Which system connects a company's ERP system to those of its customers? a. Application Platform b. Customer Relationship Management (CRM) c. Enterprise Solution d. Product Lifecycle Management (PLM) e.None of the above

b

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? a. Material Planning b. Procurement Process c. Production Process d. Fulfillment Process e. Lifecycle Data Management

b

Which term refers to business processes that are not executed by a single group or function? a. Silo Effect b. Cross-Functional c. Functional Structure d. Enterprise Systems e. Organizational Structure

b

Which type of asset has a physical form? a. Master asset b. Tangible asset c. Informal asset d. Intangible asset e. None of the above

b

_____________ enables an organization to optimize its product development process, from design to market, while ensuring that it complies with industry, quality, and regulatory standards? a. Business Planning b. Lifecycle Data Management c. Project Management d. Material Planning e. None of the above

b

Which type of asset has a non-physical form? . Master asset b. Tangible asset c. Informal asset d. Intangible asset e. None of the above

d

All of the following are transaction types that occur during the life of an asset except ___________ . a. Acquisition b. Depreciation c. Allocation d. Retirement

c

Financial statements can be generated from which of the following? a. Operative COA b. Country-specific COA c. Both operative and country-specific COAs d. Neither operative nor country-specific COAs

c

Which one of the following is not a model of the purchasing organization? a. Enterprise level b. Company level c. Client level d. Plant level e. Cross-plant

c

Which one of the following is not one of the data types that are relevant to the purchasing process? a. Material master b. Vendor master c. Sales master d. Purchasing info records e. Conditions

c

Which process involves the actual creation of the products? a. Material Planning b. Procurement Process c. Production Process d. Fulfillment Process e. Lifecycle Data Management,

c

Which process tracks the financial impact of process steps with the goal of meeting legal reporting requirements? a. Human Capital Management (HCM) b. Project Management c. Financial Accounting d. Management Accounting or Controlling (CO) e. None of the above

c

Which program is the "operating system" for an entire company's business processes? a. Microsoft Vista b. Linux c. SAP NetWeaver d. SAP Prolific e. None of the above

c

Which system supports business processes end to end? a. Management System b. Accounting System c. Enterprise System d. Functional Structure e. Document System

c

Which term is a general ledger account that consolidates data from a group of related sub-ledger accounts? a. Subsidiary ledger b. Sub-ledger c. Reconciliation account d. Line item display e. None of the above

c

___________ is concerned with matching the demand for materials in the organization with the supply. a. Business Planning b. The Silo Effect c. Project Management d. Material Planning e. None of the above

d

A Purchasing Organization is involved in all but one of the following operations? a. Negotiating contracts and agreements b. Negotiating pricing with vendors c. Evaluating and identifying vendors d. Determining storage locations within the plant

d

Financial accounting (FI) documents, management accounting or controlling (CO) documents, and material documents are referred to as a. Transaction Documents b. Transaction Data c. Material Group d. Virtual Documents e. None of the above

d

Materials that are purchased from an external source (a vendor) and used in the production process are known as ______________ a. Finished Goods (FERT) b. Semi-finished Goods (HALB) c. Trading Goods (HAWA) d. Raw Materials e. None of the above

d

Pre-sales activity includes all of the following except a. Customer inquiries b. Tracking customer contacts c. Mailing campaigns d. Customer purchase orders e. Quotations

d

What is the final step of the procurement process? a. Invoice b. Purchase Requisition c. Purchase Order d. Payment e. None of the above

d

Which of the following identify tasks that are scheduled to be completed in a process? a. Online Lists b. Parameters c. Information Structures d. Work Lists e. Period definitions

d

Which of the following is not a mode of acquiring an asset for a company? a. Acquiring internally via the production process b. Acquire from a vendor using the purchasing process c. Acquire from a vendor without using the purchasing process d. Selling equipment e. Acquiring without a vendor

d

Which of the following is used to implement multiple ledgers and use each ledger for different purposes? a. Financial accounting document b. Subsidiary ledger c. Sub-ledger d. Parallel Accounting e. None of the above

d

Which of the following statements about business processes is true? 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

Which of the following systems helps companies administer the processes of research, design, and product management? a. Application Platform b. Customer Relationship Management (CRM) c. Enterprise Solution d. Product Lifecycle Management (PLM) e. None of the above

d

Which term refers to an ordered listing of accounts that comprise a company's general ledger? a. General ledger b. Balance sheet c. Bank ledger d. Chart of accounts (COA) e. None of the above

d

Which term represents the monies a company earns by selling its products and services? a. liabilities b. assets c. expenses d. revenues e. equity

d

In the fulfillment process, a plant is a. A facility from which the company provides after-sales support b. A storage area c. A manufacturing facility only d. A facility from which the company delivers only services to its customers e. A facility from which the company delivers products and services to its customers

e

SAP can utilize which of the following media to communicate with a vendor? a. Web services b. EDI c. Fax d. Print e. All of the above

e

What steps are involved in the accounting portion of the procurement process? a. Receiving the materials and the invoice b. Creating the purchase requisition and sending payment c. Creating and sending the purchase order d. Creating the purchase requisition and receiving the materials e. Receiving the invoice and sending payment

e

Which of the following is a form of data within the goods receipt step? a. Material ordered b. Quantity delivered c. Verification d. Storage location e. All of the above

e

Which of the following organizational levels is associated with the method used to distribute materials to a customer? a. Sales area b. Division c. Sales group d. Sales organization e. Distribution channel

e

Which one of the following is not an organizational data type in procurement? a. Client b. Company Code c. Storage Location d. Purchasing Organization e. Manufacturing Plant

e

Which one of the following is the correct group of segments of the vendor master? a. General data, storage data, and purchasing data b. General data, storage data, and inventory data c. Storage data, accounting data, and purchasing data d. Storage data, accounting data, and pricing data e. General data, accounting data and purchasing data

e

Which process supports the design and development of products from the initial product idea stage through the discontinuation of the product? a. Material Planning b. Procurement Process c. Production Process d. Fulfillment Process e. Lifecycle Data Management

e

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? a. ERP Effect b. Cross-Functional c. Functional Structure d. Enterprise Systems e. Silo Effect

e

which of the following is concerned with the storage and movement of materials? a. Business Planning b. Silo Effect c. Project Management d. Material Planning e. Inventory and warehouse management (IWM)

e

Which term represents the costs associated with creating and selling products and services?

expenses