Which Process Supports The Design and Development of Products From The Initial Product Idea Stage Through The Discontinuation of The Product?
Which Process Supports The Design and Development of Products From The Initial Product Idea Stage Through The Discontinuation of The Product?
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
Which process uses historical data and sales forecasts to plan which
materials will be procured and produced? Material Planning
Which process supports the design and development of products from the initial product
idea stage through the discontinuation of the product? Production Process
Which process tracks the financial impact of process steps with the goal of meeting
legal reporting requirements? Financial Accounting.
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? Project
Management
____ provides tools to manage and store documents securely and to keep
track of the multiple versions of these documents? Document Management
How does GBI Global sell its merchandise? Via a network of specialized
dealers.
Which of the following statements about SAP R/3 is true? It is an end-to-
end enterprise system
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? Architecture
Materials that are created by the production process from other materials
are referred to as _____ Finished Goods (FERT)
Materials that are purchased from an external source (a vendor) and used
in the production process are known as ______ Raw Materials
Which term is generally used to describe the ways that users can view and
analyze data to help them make decision and complete their tasks?
Reporting.
Which of the following statements concerning Web services are true? Web
services expose functionality to other applications Web services are an
essential component of enterprise systems. Web services can be used to
create composite applications.
Which of the following statements regarding master data are true? Master
data represent entities such as customers and vendors Master data are a
consequence of the execution of process steps.
Material master data are grouped based on: Material type Company code
Organizational Element
Which of the following are examples of online lists? List of customers List of
documents
Which of the following are examples of work lists? Picking list Billing due
list Delivery due list
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? Architecture
Materials that are created by the production process from other materials
are referred to as _____: Finished Goods (FERT)
Materials that are purchased from an external source (a vendor) and used
in the production process are known as ____Raw Materials
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?
Reporting
What is a storage location? The place within a plant where materials are
kept until they are needed
Which one of the following is not one of the data types that are relevant to
the purchasing process? Sales master
The key data in the purchasing view of the material master are: The
purchasing group, the good receipt processing time, and the delivery
tolerances.
Data in the vendor master are grouped into which three segments?
General data, accounting data, and purchasing data.
Which item category would you use to have your vendor ship goods directly
to your customer? Third-party
Materials that are acquired to be used within the organization are referred
to as: Consumable materials
Which of the following document types in not utilized during the Purchasing
process? Picking document
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 is(are) a form of data within the goods receipt step?
All of the above
Data for source determination are obtained from: Purchase info records A
source list Contracts and agreements
Which of the following are master data that are related to the purchasing
process? Material master Vendor master Vendor info records
Which G/L accounts are impacted by the goods receipt step of the
procurement process? Goods receipt / invoice receipt account Inventory
account
Which G/L accounts are impacted by the invoice step of the procurement
process? Accounts payable Goods receipt / invoice receipt account Vendor
account
Which of the following are consequences of the goods receipt step in the
procurement process? A material document is created An accounting
document is created The purchase order history is updated The material
master is updated.
What are they key stock types (statuses) utilized in purchasing, based on
usability of materials? Unrestricted use Stock in transit Blocked stock
Which of the following documents are required for the invoice verification
step of the procurement process? Vendor invoice Purchase order Material
document
Which of the following data are needed for invoice verification? Purchase
order Material document Invoice User input
Which of the following tasks are performed during the payment step?
Selecting method of payment Selecting invoice items Calculating the
payment amount