1st Test Enterprise Process Integration

Chapter 1 quiz

Question 1       What is the first step of the production process?

1. Authorize Production
2. Request Production
3. Create Product
4. Issue Raw Materials

Question 2______ 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

Question 3       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

Question 4       The material planning process is used to maintain internal assets such as machinery and to delivery after-sales customer services such as repairs.

True

False

Question 5______ 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

Question 6       Cross-functional refers to business processes that are executed by a single group or function.

True

False

Question 7       Business Process represents a set of tasks or activities that produce desired outcomes.

True

False

Question 8       Project management is used to plan and execute large projects such as the construction of a new factory or the production of complex products.

True

False

Question 9       Losing sight of the big picture is commonly referred to as the silo effect.

True

False

Question 10     Without the various steps of the business process, a company can’t successfully bill customers and ship products.

True

False

Question 11     Which of the following is concerned with the storage and movement of materials

a)      Business Planning

b)      Silo Effect

c)      Material Planning

d)     Inventory and warehouse management

Question 12     Which of the following statements about business process 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

Question 13     Which process tracks the financial impact of process steps with the goal of meeting legal reporting requirements?

a)      Financial Accounting

b)      Human Capital Management

c)      Project Management

d)     Management Accounting or Controlling

Question 14     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

Question 15     The procurement process includes all of the tasks involved in acquiring needed materials.

True

False

Question 16     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)      Lifecycle Data Management

c)      Production Process

d)     Fulfillment Process

Question 17     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

Question 18     Invoice is the final step of the procurement process.

True

False

Question 19     What steps are involved in the accounting portion of the procurement process?

a)      Receiving the materials and the invoice

b)      Creating and sending the purchase order

c)      Creating the purchase requisition and receiving the materials

d)     Receiving the invoice and sending payment

Question 20     Which system supports business process end to end?

a)      Enterprise System

a.       Management System

b)      Functional Structure

c)      Document System

Chapter 2 quiz

Question 1       Which term relates to the technical capabilities that allow systems to connect with one another through standardized interfaces called Web services?

1. Enterprise Resource Planning
2. Supply Chain Management
3. Architecture
4. Service-Oriented Architecture

Question 2       Architecture refers to the technical structure of the software, how users interact with the software, and how the software is physically managed on computer hardware.

True

False

Question 3       Which system connects a company’s ERP system to those of its customers?

1. Application Platform
2. Customer Relationship Management (CRM)
3. Enterprise Solution
4. Product Lifecycle Management (PLM)

Question 4       Which of the following systems helps companies administer the processes of research, design, and product management?

1. Application Platform
2. Customer Relationship Management (CRM)
3. Enterprise Solution
4. Product Lifecycle Management (PLM)

Question 5       The highest organizational level in SAP ERP is the plant.

True

False

Question 6       Which of the following is(are) used to represent the structure of an enterprise?

1. Organizational Data
2. Project Management
3. Client
4. Plant

Question 7       Which of the following terms refers to an organizational element that performs multiple functions and is relevant to several processes?

1. Warehouse
2. Procurement
3. Plant
4. Fulfillment

Question 8       Which of the following master data is used in numerous processes?

1. Material Master
2. Plant
3. Company Code
4. Customer Master

Question 9       Materials that are created by the production process from other materials are referred to as Trading Goods(HAWA).

True

False

Question 10     Materials that are purchased from an external source (a vendor) and used in the

production process are known as ______________

1. Finished Goods (FERT)
2. Semi-finished Goods (HALB)
3. Trading Goods (HAWA)
4. Raw Materials

Question 11     ____________reflect(s) the consequences of executing process steps.

1. Material Groups
2. Organizational Data
3. Transaction Data
4. Project Management

Question 12     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?

1. Reporting
2. Evaluating
3. Characteristics
4. Period Definition

Question 13     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.

1. Reporting
2. Evaluating
3. Information Structures
4. Period Definition

Question 14     Which of the following identify tasks that are scheduled to be completed in a process?

1. Online Lists
2. Parameters
3. Information Structures
4. Work Lists

Question 15     SAP ERP systems are used to support inter-company processes.

True

False

Question 16     The architecture of an enterprise system refers to the technical structure of the software, how users interact with the software, and how the software is physically managed on computer hardware.

True

False

Question 17     The three layers of the “three-tier client-server architecture” are the presentation layer, application layer, and data layer.

True

False

Question 18     Scalability is the ability of the hardware and software to support a greater number of users easily over time.

True

False

Question 19     Customer relationship management (CRM) systems connect a company’s ERP system to its accounting software system.

True

False

Question 20     Supply chain management (SCM) systems help companies execute the processes of research, design, and product management.

True

False

Question 21     Current versions of the SAP business suite can’t run on SAP NetWeaver.

True

False

Question 22     A company code is the highest organizational level in SAP ERP.

True

False

Question 23     A plant can be a factory, a warehouse, a regional distribution center, or a service center.

True

False

Question 24     Trading goods (HAWA) are resold to customers after they have been modified by the company.

True

False

Question 25     The online transaction processing (OLTP) system is designed to capture and store detailed transactional data.

True

False

Chapter 3 quiz

Question 1       Accounting processes are broadly divided into two main categories: Financial accounting and management accounting

True

False

Question 2       Assets represent what a company owes to others, including money owed to vendors and loans from financial institutions.

True

False

Question 3       Managment Accounting (CO) is intended primarily for audiences outside the organization.

True

False

Question 4       Balance sheet referes to an ordered listing of accounts that comprise a company's general ledger.

True

False

Question 5       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

Question 6       All of the following are transaction types that occur during the life of an asset except

a)      Acquisition

b)      Depreciation

c)      Allocation

d)     Retirement

Question 7       What is true about a business area?

a)      It is a internal division of an enterprise

b)      It helps managment monitor performance

c)      It is used for external reporting

d)     All of the above

Question 8       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

Question 9       Account currency determines the curency in which all the transactions are recorded.

True

False

Question 10     Reporting within financial accounting is divided into two categories: generating financial statements and displaying account information.

True

False

Question 11     Which term represents the monies a company earns by selling its products and services?

1. Liabilities
2. Equity
3. Assets
4. Revenues

Question 12     ________ 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.

1. Cost centers
2. Business area
3. Depreciation areas
4. Sub-ledgers

Question 13     Which of the following is used to implement multiple ledgers and use each ledger for different purposes?

1. Financial accounting document
2. Subsidiary ledger
3. Sub-ledger
4. Parallel accounting

Question 14     Accounts receivable accounting is concerned with customers.

True

False

Question 15     Tangible assets can include which of the following?

1. Computers
2. Bonds
3. Brand
4. Copyright

Question 16     Which process is used to manage money owed by customers for goods and services purchased from the company?

1. Accounts receivable accounting
2. Fixed asset accounting
3. Bank ledger accounting
4. All of the above

Question 17     Balance sheet accounts are grouped into which of hte following categories?

1. Equity
2. Assets
3. Liabilities
4. All of the above

Question 18     A chart of accounts (COA) is an ordered listing of accounts that comprise a company's general ledger.

True

False

Question 19     An organization can possess which of the following types of assets?

1. Tangible
2. Intangible
3. Financial
4. All of the above

Question 20     Which element is a part of the typical company code data in general ledger account?

1. Tax-related data
2. Field status groups
3. Line item display
4. All of the above

Question 21     Financial accounting is concerned with recording the financial impacts of business processes as they are executed.

True

False

Question 22     Accounts payable accounting is concerned with vendors.

True

False

Question 23     An increase in an asset account or an expense account results in a credit posting.

True

False

Question 24     Which of the following are types of chart of accounts?

1. Operative COA
2. Country specific COA
3. Group COA
4. All of the above

Question 25     Which term is a general ledger account that consolidates data from a group of related sub-ledger accounts?

1. Sub-ledger
2. Reconciliation account
3. Line item display
4. None of the above