Question 1

Which item category would you use to have your vendor ship goods directly to your customer?

Accepted Answer

A)  Consignment
B)  Third-party
C)  Stock transfer
D)  Standard
E)  Transfer posting

Question 2

Which of the following is a form of invoice verification?

Accepted Answer

A)  Three-way match
B)  Quality management
C)  Inspection lot
D)  Warehouse management
E)  None of the above

Question 3

Which item is included in the header of a purchase order?

Accepted Answer

A)  Order quantity
B)  Vendor
C)  Delivery date
D)  Price
E)  None of the above

Question 4

Materials that are acquired to be used within the organization are referred to as

Accepted Answer

A)  Stock materials
B)  Transfer materials
C)  Vendor materials
D)  Consumable materials
E)  None of the above

Question 5

Which one of the following is not a model of the purchasing organization?

Accepted Answer

A)  Enterprise level
B)  Company level
C)  Client level
D)  Plant level
E)  Cross-plant

Question 6

What is a storage location?

Accepted Answer

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

Question 7

Which of the following goods movements need not involve a physical movement of materials?

Accepted Answer

A)  Goods receipt
B)  Goods issue
C)  Stock transfer
D)  Transfer posting
E)  None of the above all involve physical movement of materials)  D

Question 8

Which element of the payment step includes selecting a bank?

Accepted Answer

A)  Trigger
B)  Data
C)  Outcome
D)  Task
E)  None of the above D

Question 9

Which of the following is an intersection or combination of material data and vendor data?

Accepted Answer

A)  Condition type
B)  Purchasing info record
C)  Stock transfer
D)  Third-party order
E)  Search term

Question 10

A purchasing organization is involved in all of the following operations except

Accepted Answer

A)  Negotiating contracts and agreements
B)  Negotiating pricing with vendors
C)  Evaluating and identifying vendors
D)  Determining storage locations within the plant

Question 11

Purchasing information systems are a component of which system?

Accepted Answer

A)  Logistics information systems
B)  Business intelligence systems
C)  Financial information systems
D)  Human resource information systems

Question 12

A company can use which of the following to select a vendor from a list of potential suppliers ?

Accepted Answer

A)  Source list
B)  Company code
C)  Vendor master
D)  Material master
E)  None of the above

Question 13

General data in a vendor master contain all of the following except:

Accepted Answer

A)  Name
B)  Address
C)  Communication
D)  Payment terms and methods
E)  Search term

Question 14

The key data in the purchasing view of the material master are

Accepted Answer

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

Question 15

Which organizational elements) controls) the entry of accounting data in the vendor master?

Accepted Answer

A)  Purchasing organization
B)  Client
C)  Company Code
D)  Client and Company Code
E)  Client and Purchasing Organization

Question 16

Which one of the following is not one of the data types that are relevant to the purchasing process?

Accepted Answer

A)  Material master
B)  Vendor master
C)  Sales master
D)  Purchasing info records
E)  Conditions C

Question 17

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

Accepted Answer

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

Question 18

Which element of a purchase order includes communicating with the vendor?

Accepted Answer

A)  Trigger
B)  Data
C)  Task
D)  Outcome
E)  None of the above

Question 19

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

Accepted Answer

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

Question 20

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

Accepted Answer

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

Exam 4: B: The Procurement Process

Which item category would you use to have your vendor ship goods directly to your customer?

Correct AnswerverifiedShow Answer

Which of the following is a form of invoice verification?

Correct AnswerverifiedShow Answer

Which item is included in the header of a purchase order?

Correct AnswerverifiedShow Answer

Materials that are acquired to be used within the organization are referred to as

Correct AnswerverifiedShow Answer

Which one of the following is not a model of the purchasing organization?

Correct AnswerverifiedShow Answer

What is a storage location?

Correct AnswerverifiedShow Answer

Which of the following goods movements need not involve a physical movement of materials?

Correct AnswerverifiedD

Which element of the payment step includes selecting a bank?

Correct AnswerverifiedD

Which of the following is an intersection or combination of material data and vendor data?

Correct AnswerverifiedShow Answer

A purchasing organization is involved in all of the following operations except

Correct AnswerverifiedShow Answer

Purchasing information systems are a component of which system?

Correct AnswerverifiedShow Answer

A company can use which of the following to select a vendor from a list of potential suppliers ?

Correct AnswerverifiedShow Answer

General data in a vendor master contain all of the following except:

Correct AnswerverifiedShow Answer

The key data in the purchasing view of the material master are

Correct AnswerverifiedShow Answer

Which organizational elements) controls) the entry of accounting data in the vendor master?

Correct AnswerverifiedShow Answer

Which one of the following is not one of the data types that are relevant to the purchasing process?

Correct AnswerverifiedC

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

Correct AnswerverifiedShow Answer

Which element of a purchase order includes communicating with the vendor?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

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D

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D

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C

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