Answers Ch04

8/13/2019 Answers Ch04

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,. - purchasing organization is in&ol&ed in all of the following operations ecept

a. /egotiating contracts and agreements

b. /egotiating pricing with &endors

c. "&aluating and identifying &endorsd. $etermining storage locations within the plant

Answer! d Difficulty! edium Page Reference! ,

Section: Purchasing Organization Practice:

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

a. "nterprise le&el

b. Company le&el

c. Client le&el

d. Plant le&el

e. Crossplant

Answer! c Difficulty! edium Page Reference! ,2Section: Purchasing Organization Practice:

2. Within the plantle&el purchasing organization3 also 'nown as a plantspecific purchasing

Organization3

a. "ach 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. %wo or more purchasing organizations are responsible for each plant

Answer! a Difficulty! $ifficult Page Reference! 0Section: PlantLe&el Purchasing Organization Practice:

4. - purchasing group is an indi&idual or a group of indi&iduals who are responsible for all of

the following ecept

a. Creating purchase re5uisitionsb. /egotiating contracts and agreements

c. 6e5uesting 5uotations from &endors

d. Creating and monitoring purchase orders

e. Planning for material re5uirements

Answer! b Difficulty! edium Page Reference! 2Section: Purchasing 7roup Practice:


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1#. Which of the following is an intersection or combination of material data and &endor data?

a. Condition type

b. Purchasing info record

c. Stoc' transferd. %hirdparty order

e. Search term

Answer! b Difficulty! edium Page Reference! 1#

Section: Purchasing


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12. Which of the following document types is notutilized during the Purchasing process?

a. aterial documents

b. >l documents

c. CO documents

d. Pic'ing document

e.


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#;. Which element of the re5uirements determination process in&ol&es creating the re5uisition?

a. $ata

b. %as'

c. %rigger d. Outcomes

e. /one of the abo&e

Answer! b Difficulty! $ifficult Page Reference: #1

Section: 6e5uirements $etermination Practice:

#1. - company can use which of the following to select a &endor from a list of potential

suppliers ?

a. Source list

b. Company code

c. 9endor master

d. aterial master


Answer! a Difficulty! edium Page Reference: #(

Section: Source of Supply $etermination Practice:

##. Which element of a purchase order includes communicating with the &endor?

a. %rigger

b. $ata

c. %as'

d. Outcome


Answer! d Difficulty! edium Page Reference: #0

Section: Order Processing Practice:

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

a. Order 5uantityb. 9endor

c. $eli&ery date

d. Price


Answer! b Difficulty! edium Page Reference: #2Section: Order Processing Practice: +es


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#,. S-P can utilize which of the following media to communicate with a &endor?

a. Web ser&ices

b. "$ad. Print

e. -ll of the abo&e

Answer! e Difficulty! "asy Page Reference: #8


#0. Which of the following is)are* a form of data within the goods receipt step?

a. aterial ordered

b. uantity deli&ered

c. 9erification

d. Storage locatione. -ll of the abo&e

Answer! e Difficulty! edium Page Reference: (1

Section: 7oods 6eceipt Practice:

#2. Which of the following is a form of in&oice &erification?

a. %hreeway match

b. uality management

c.


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#8. Which of the following facilitates the integration between &endor master data and financial

accounting?

a. 9endor account number

b. 6econciliation accountc. -ccounts payable number

d. aterial numbere. -ccounts recei&able number

Answer! b Difficulty! edium Page Reference: (8

Section: Payment Processing Practice: +es

#:. Purchasing information systems are a component of which system?

a. Logistics information systems

b. @usiness intelligence systems

c. >inancial information systems

d. Auman resource information systems

Answer! a Difficulty! edium Page Reference: ,1

Section: Purchasing


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#. Which of the following statements about storage locations are true?

a. - storage location must be assigned to a plant

b. - storage location can be assigned to more than one plant

c. - client can ha&e more than one storage locationd. - plant can ha&e more than one storage location

e. - storage location can hold only materials with a stoc' status of unrestricted use

Answer! a3 c3 d Difficulty! edium Page Reference! #

Section: Storage Location Practice: +es

(. Which of the following are organizational elements in purchasing?

a. Sales organization

b. Purchasing area

c. Plant

d. 9endor

e. Storage location

Answer! c3 e Difficulty! "asy Page Reference! (

Section: Storage Location Practice:

,. Which of the following statements about purchasing organizations are correct?

a. %hey negotiate conditions of purchase with &endors

b. %hey can purchase only for one company

c. %hey can purchase for multiple plants

d. %hey can purchase for multiple plants3 but they must be within the same company

code

e. %hey identify a buyer or a group of buyers

Answer! a3 c Difficulty! edium Page Reference! (


0. - purchase order can be sent to which of the following?

a. - &endor

b. - customer

c. - plant

d. - purchasing organization

e. - purchasing group

Answer:a3 c Difficulty: "asy Page Reference: 2

Section: Purchasing 7roup Practice:


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2. $ata for source determination are obtained from!

a. - purchase order

b. Purchase info records

c. - source listd. Contracts and agreements

e. %he &endor master record

Answer:b3 c3 d Difficulty: edium Page Reference: 2


4. Which of the following are master data that are related to the purchasing process?

a. aterial master

b. 9endor master

c. 9endor info recordsd. Purchasing organization

e. Customer master

Answer! a3 b3 c Difficulty! edium Page Reference! 4

Section: aster $ata Practice: +es

8. Which of the following are methods of &aluing materials?

a. -ctual price

b. Standard pricec. Purchasing price

d. o&ing )a&erage* pricee. Selling price

Answer! b3 d Difficulty! $ifficult Page Reference! 8

Section: aterial aster Practice:

:. Which 7BL accounts are impacted by the goods receipt step of the procurement process?

a. -ccounts payable

b. 7oods receipt B in&oice receipt account

c.


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1;. Which 7BL accounts are impacted by the in&oice &erification step of the procurement

process?

a. -ccounts payable

b. 7oods receipt B in&oice receipt accountc.


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1,. Which of the following are account assignment categories?

f. -sset

g. Order

h. Cost centeri. Sales order

=. Pro=ect

Answer! a3 b3 c3 d3 e Difficulty! "asy Page Reference: 10

Section: -ccount $etermination Practice: +es

10. aterials designated as can be withdrawn only for sampling or for scrap.

a. 7oods mo&ement

b.


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18. Which of the following are conse5uences of the goods receipt step in the procurement

process?

a. - material document is created

b. -n accounting document is createdc. %he purchase order history is updated

d. %he document flow is updatede. %he material master is updated

Answer! a3 b3 c3 e Difficulty! $ifficult Page Reference! (;

Section: 7oods 6eceipts Practice: +es

1:. Which of the following are 'ey documents in purchasing?

f. aterial documents

g. >l documents

h. CO documents

i. Purchase order

=.


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##. Which of the following organizational data are re5uired when creating a purchase order?

a. Dser input

b. Purchase 6e5uisition

c. 6>d. uotation

e. Purchase order

Answer! b3 c3 d3 e Difficulty! edium Page Reference! #0


#(. Which transaction documents are included in a purchase order?

f. 6e5uisition

g. 6>

h. uotation

i. Conditions

=. 9endor

Answer! a3 b3 c Difficulty! edium Page Reference! #2


#,. S-P can utilize which of the following forms of media to communicate with a &endor?

a. Print

b. "mail

c. "$a

Answer! a3 b3 c3 d3 e Difficulty! edium Page Reference! #8Section: Oder Processing Practice:

#0. What are the 'ey stoc' types )statuses* utilized in purchasing3 based on usability of

materials?

a. Dnrestricted useb. Stoc' in transit

c. Stoc' on order

d. Stoc' in storage

e. @loc'ed stoc'

Answer! a3 b3 e Difficulty! edium Page Reference: (1Section: 7oods 6eceipt Practice:


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#2. Which of the following documents are re5uired for the in&oice &erification step of the

procurement process?

a. 9endor in&oice

b. Purchase re5uisitionc. Purchase order

d. aterial documente. aterial master

Answer! a3 c3 d Difficulty! edium Page Reference:(,

Section:


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#. %here can only be one storage location within a plant.

Answer!>alse Difficulty! "asy Page Reference: #


(. - storage location is a 'ey organizational element in purchasing.

Answer!%rue Difficulty! edium Page Reference: #


,. - purchasing organization is in&ol&ed only in negotiating prices with&endors

Answer!>alse Difficulty! $ifficult Page Reference: (


0. %ypically3 there are three models of purchasing organizations! enterprisele&el3 company

le&el3 and plantle&el.

Answer!%rue Difficulty! edium Page Reference: ,Section: Purchasing Organization Practice:

2. %he enterprisele&el purchasing organization is also 'nown as the crosscompany code

purchasing organization.

Answer!%rue Difficulty! edium Page Reference: ,

Section: "nterpriseLe&el Purchasing Organization Practice:

4. %he companyle&el purchasing organization is the most centralized model.

Answer!>alse Difficulty! edium Page Reference: ,

Section: Company Le&el Purchasing Organization Practice:

8. %he enterprisele&el purchasing organization is the most centralized model.

Answer!%rue Difficulty! edium Page Reference: ,

Section: "nterpriseLe&el Purchasing Organization Practice:

:. - plant can belong to more than one company code.

Answer!>alse Difficulty! edium Page Reference: ,

Section: CompanyLe&el Purchasing Organization Practice:

1;. %he most decentralized model of purchasing organizations is the plantspecific purchasing

organization.

Answer!%rue Difficulty! "asy Page Reference: 0

Section: PlantLe&el Purchasing Organization Practice:


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11. - purchasing group is an internal group that is responsible for eecuting the procurement

process.

Answer!>alse Difficulty! edium Page Reference: 2


1#. - purchasing organization is an indi&idual or a group of indi&iduals who are responsible forpurchasing acti&ities for a material or group of materials.



1(. 9endor master data include the data needed to conduct business with a &endor and to eecute

transactions related to the procurement process.

Answer!%rue Difficulty! edium Page Reference: :

Section: 9endor aster Practice:

1,. %he method used to &alue material is defined in the material master.

Answer!%rue Difficulty! edium Page Reference: 8


10. $ifferent material types ha&e different re5uired material &iews.



12. 7eneral data related to a &endor are accessible to all company codes in a client.

Answer!%rue Difficulty! "asy Page Reference: 1;Section: 9endor aster Practice:

14. Purchasing data related to a &endor are accessible to all purchasing organizations.

Answer!>alse Difficulty! "asy Page Reference: 11


18. aterial master data can be defined differently for different organizational le&els.



1:. - purchasing info record is an intersection or combination of material and accounting data.

Answer!>alse Difficulty! edium Page Reference: 1#

Section: Purchasing


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#;. -ccounting data related to a &endor are accessible to all clients in a company code.



#1. alse Difficulty! $ifficult Page Reference: 14

Section: 7oods o&ement Practice:

#0. - planttoplant mo&ement of goods does not generate an accounting document.



#2. - goods receipt cannot be accomplished without a mo&ement type.



#4. - stoc' transfer does not in&ol&e a change in storage location.

Answer!>alse Difficulty! $ifficult Page Reference: 18


#8. - transfer posting changes the stoc' status of a material and need not in&ol&e a physicalmo&ement of goods.

Answer!%rue Difficulty! "asy Page Reference: 1:



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(8. S-P cannot utilize any media ecept Web ser&ices to communicate a purchase order to a

&endor.

Answer!>alse Difficulty! "asy Page Reference: #8


(:. aterials ordered in multiple purchase orders must be deli&ered in multiple shipments.

Answer!>alse Difficulty! edium Page Reference: #:

Section: 7oods 6eceipt Practice:

,;. %he material master is updated after the in&oice &erification step of the procurement process

has been completed.

Answer!%rue Difficulty! "asy Page Reference: (2

Section: alse Difficulty! $ifficult Page Reference: ((

Section:


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Answers Ch04