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20 Cards in this Set
- Front
- Back
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1. Which of the following is an example of a consumable material? (2)
a. Office Supplies. b. Computer Parts necessary for manufacturing c. Paper Supplies for office use. d. Inventory Parts |
a. Paper Supplies for office use.
b. Office Supplies. |
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2. In Regard to Purchase Requisitions Indirect purchase that is created automatically, what are the ways they can be created? (1)
a. In MRP b. With Networks c. With Production Orders d. With Maintenance Order e. All the above. |
e. All the above.
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3. A ____ is a material that is subject to procurement and whose value is settled with cost element accounts or asset accounts? (1)
a. Consumable Material. b. Finished Product c. Raw Material d. Trading Good |
a. Consumable Material.
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4. Which of the following are parts of the organizational structure for MM – Purchase to pay? (4)
a. Client. b. Company. c. Plant. d. Warehouse e. Sloc. |
a. Sloc.
b. Plant. c. Client. d. Company. |
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5. What is a condition in regards to the Purchase to Pay Business Process? (3)
a. Agreement with Customer b. Agreement with Vendor. c. Can be maintained by entering Quotations, info records, outline agreements. d. Maintained under purchasing. e. All the above |
b. Agreement with Vendor.
c. Can be maintained by entering Quotations, info records, outline agreements. d. Maintained under purchasing. |
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6. What are the elements of payment transactions? (2)
a. Automatic – Indirect. b. Consumable Material c. Manual – Direct. d. MRP |
a. Automatic – Indirect.
c. Manual – Direct. |
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7. What are the necessary Master Data Records for MM? (3)
a. Material Master. b. Customer Master c. Vendor Master. d. Product Master e. Info Record. |
a. Material Master.
b. Vendor Master. e. Info Record. |
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8. Client, ________, and _________ are examples of organizational levels that play a role in the maintenance of material master records. Fill in the black to complete the sentence. (1)
a. Control Area, Operating Concern b. Plant, Sloc. c. Customer, Vendor d. Sloc, Warehouse e. Plant, Company Code |
b. Plant, Sloc.
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9. What is a Consumption Account according to Procure to pay business process? (3)
a. Account where consumable materials are assigned. b. Used during the Purchase Order when posting. c. Debited during Goods Receipt and Invoice Receipt. d. Contains Stock Material e. Maintained at Company Code level |
a. Account where consumable materials are assigned.
b. Used during the Purchase Order when posting. c. Debited during Goods Receipt and Invoice Receipt. |
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10. What are the two material types that exist by default for consumable materials? (2)
a. Non-Valuated. b. Non-Stock Material. c. Consumable Material d. Stock in transit |
a. Non-Valuated.
b. Non-Stock Material. |
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11. Purchase Requisitions can be converted into what four things? (4)
a. RFQ. b. STO - Stock-Transfer-Order. c. Outline Agreements. d. Contracts e. Purchase Orders. |
a. RFQ.
b. STO, Stock-Transfer-Order c. Outline Agreements. e. Purchase Orders. |
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12. Material and Accounting Documents for a goods movement are created simultaneously? Determine whether this statement is true or false.
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True
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13. Purchasing can only be assigned to one company code? Determine whether this statement is true or false.
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False, can be assigned to many company codes
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14. A purchasing group is responsible for procurement of material and class of materials. Determine whether this statement is true or false.
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True
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15. A plant can be assigned to several company codes. Determine whether this statement is true or false.
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False
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16. A payment transaction can only be carried out only manually. Determine whether this statement is true or false.
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False, Manually and Automatically can be carried out by a payment transaction
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17. What is posted after a goods movement? (4)
a. Quantities. b. Movement Type. c. Organizational Level. d. Material. e. Customer f. PO History |
a. Quantities.
b. Movement Type. c. Organizational Level. d. Material. |
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In purchasing the ______ determines which purchasing document are analyzed by the report.
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Selection Parameter
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In regards to Inventory Management, the reports and analysis can be divided into which 3 groups? (3)
a. Analysis of stock situation. b. Analysis of goods movement. c. Analysis for inconsistencies in stock data. d. Analysis of materials e. Analysis of conditions |
a. Analysis of stock situation.
b. Analysis of goods movement. c. Analysis for inconsistencies in stock data. |
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What does the abbreviation, LIS stand for? (1)
a. Logistical Intro Systems b. listed Information Systems c. Logistical Information Systems. d. Limited Information Source |
c. Logistical Information Systems
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