Info Tech Systems in Supply Chain Exam 1

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

Organizational Data

General data in a vendor master contain all of the following except: a. Name b. Address c. Communication d. Payment terms and methods e. Search term

Payment terms and methods

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

Sales master

Which element of the requirements determination process involves creating the requisition? a. Data b. Task c. Trigger d. Outcomes e. None of the above

Task

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

Tangible asset

Which element of the payment step includes selecting a bank? a. Trigger b. Data c. Outcome d. Task e. None of the above

Task

Which of the following statements about a plant is not true? a. A plant can be assigned to more than one company code b. A company code can have more than one plant c. A plant is a key organizational element in purchasing d. A plant can be assigned to only one company code e. A plant must have at least one storage area

A plant can be assigned to more than one company code

A FI document includes a header and an items section. Which of the following data are included in the items section? a. Document number b. Account c. Storage location d. Document date e. Document currency

Account

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

Accounts receivable accounting

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

Accounts receivable accounting

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

All of the above

Which of the following is (are) 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

All of the above

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

All of the above

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

Allocation

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

Architecture

Which of the following account assignment categories is used when the company acquires a fixed asset? a. Cost center b. Asset c. Order d. Sales order e. Project

Asset

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

Assets

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

Bank ledger accounting

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

Both operative and country-specific COAs

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

Business Process

____________ 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. a. Cost centers b. Depreciation areas c. Business areas d. Sub-ledgers e. None of the above

Business areas

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

Chart of accounts (COA)

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

Client

Which organizational element(s) control(s) the entry of accounting data in the vendor master? a. Purchasing organization b. Client c. Company Code d. Client and Company Code e. Client and Purchasing Organization

Client and Company Code

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

Client level

Materials that are acquired to be used within the organization are referred to as a. Stock materials b. Transfer materials c. Vendor materials d. Consumable materials e. None of the above

Consumable materials

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 accounts that are used by multiple companies to consolidate their financial reporting d. Contains only accounts payable transactions e. Contains only accounts receivable transaction

Contains the operational accounts that are used to record the financial impact of an organization's day-to-day transactions

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

Cross-functional

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

Customer Relationship Management (CRM)

A purchasing organization is involved in all of the following operations except a. Negotiating contracts and agreements b. Negotiating pricing with vendors c. Evaluating and identifying vendors d. Determining storage locations within the plant

Determining storage locations within a plant

_____________ 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

Document Management

Within 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

Each plant has its own purchasing organization

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

Enterprise System

Which term represents the costs associated with creating and selling products and services? a. Assets b. Expenses c. Liabilities d. Equity e. None of the above

Expenses

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

Financial Accounting

Which of the following is used to report data needed to meet legal and regulatory requirements? a. Assets b. Equity c. Tangible document d. Financial statement e. None of the above

Financial Statement

____________ is concerned with recording the financial impacts of business processes as they are executed. a. Management accounting b. Financial accounting (Fl) c. Controlling (CO) d. Bank ledger accounting e. None of the above

Financial accounting (FI)

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

Financial accounting document

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

Finished Goods (FERT)

Data in the vendor master are grouped into which three segments? 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

General data, accounting data, and purchasing data

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

Human Capital Management (HCM)

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

Intangible asset

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)

Inventory and warehouse management (IWM)

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

It is an end-to-end enterprise system

Which term represents what a company owes to others, including money owed to vendors and loans from financial institutions? a. Liabilities b. Equity c. Assets d. Revenues e. None of the above

Liabilities

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

Lifecycle Data Management

_____________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

Lifecycle Data Management

Purchasing information systems are a component of which system? a. Logistics information systems b. Business intelligence systems c. Financial information systems d. Human resource information systems

Logistics information systems

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

Manufacturing Plant

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

Material Group

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

Material Master

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

Material Planning

___________ 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

Material Planning

A purchasing group is an individual or a group of individuals who are responsible for all of the following except 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

Negotiating contracts and agreements

Which element is not a part of the typical company code data in general ledger accounts? a. Tax-related data b. Field status groups c. Line item display d. Reconciliation account data e. None of the above

None of the above

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. a. Reporting b. Evaluating c. Information Structures d. Period Definition e. Online Analytic Processing (OLAP)

OLAP (Anne Practice Exam) / Info Structures (test bank)

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

One

Which element of a purchase order includes communicating with the vendor? a. Trigger b. Data c. Task d. Outcome e. None of the above

Outcome

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

Parallel Accounting

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

Payment

Which of the following document types is not utilized during the Purchasing process? a. Material documents b. Fl documents c. CO documents d. Picking document e. Invoice

Picking document

Which of the following terms refers to an organizational element that performs multiple functions and is relevant to several processes? a. Warehouse b. Procurement c. Plant d. Fulfillment e. Lifecycle Data Management

Plant

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

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

Procurement Process

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)

Product Lifecycle Management (PLM)

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

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

Project Management

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

Purchasing info record

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

Raw Materials

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

Receiving the invoice and sending payment

Which of the following facilitates the integration between vendor master data and financial accounting? a. Vendor account number b. Reconciliation account c. Accounts payable number d. Material number e. Accounts receivable number

Reconciliation account

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

Reconciliation account

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? a. Reporting b. Evaluating c. Characteristics d. Period Definition e. Online Analytic Processing (OLAP)

Reporting

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

Request Production

Which term represents the monies a company earns by selling its products and services? a. Liabilities b. Assets c. Expenses d. Revenue e. Equity

Revenue

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

SAP NetWeaver

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

Selling equipment

Which term relates to the technical capabilities that allow systems to connect with one another through standardized interfaces called Web services? a. Enterprise Resource Planning b. Supply Chain Management c. Architecture d. Service-Oriented Architecture e. None of the above

Service-orientated Architecture

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

Silo Effect

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

Source List

What is 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

The place within a plant where materials are kept until they are needed

The key data in the purchasing view of the material master 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

The purchasing organization, 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? a. Consignment b. Third-party c. Stock transfer d. Standard e. Transfer posting

Third-party

Which of the following is a form of invoice verification? a. Three-way match b. Quality management c. Inspection lot d. Warehouse management e. None of the above

Three-way match

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

Trading Goods

____________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

Transaction Data

Which of the following goods movements need not involve a physical movement of materials? a. Goods receipt b. Goods issue c. Stock transfer d. Transfer posting e. None of the above (all involve physical movement of materials)

Transfer posting

Which item is included in the header of a purchase order? a. Order quantity b. Vendor c. Delivery date d. Price e. None of the above

Vendor

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

Via a network of specialized dealers

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

Virtual Documents

Which of the following is used to integrate several client-server applications and create enterprise mash-ups, or composite applications? a. Management System b. Accounting System c. Enterprise System d. All of the above e. Web Services

Web Services

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

Work Lists