Introduction to Business Processes

Which of the following is NOT a typical characteristic of a wholesale channel?

• a. It does not include sales taxes in calculating prices in the US.

• b. It distributes goods directly to consumers.

• c. It requires a minimum volume of purchase.

• d. It offers volume discounts.

• e. It may designate a specific plant or plants from which deliveries are
  made

Which organizational element(s) control(s) the entry of accounting data in the vendor master?

• a. Purchasing organization

• b. Client

• c. Company Code

• d. Client and Company Code

• e. Client and Purchasing Organization

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

• 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

What is the first step of the production process?

• a. Authorize Production

• b. Request Production

• c. Create Product

• d. Receive Finished Goods

• e. Issue Raw Materials

_____________ provides tools to manage and store documents securely and to keep track of the multiple versions of these documents?

• a. Document Management

• b. Enterprise Management

• c. Project Management

• d. Material Planning

• e. None of the above

Which system supports business processes end to end?

• a. Management System

• b. Accounting System

• c. Enterprise System

• d. Functional Structure

• e. Document System

Which process involves the actual creation of the products?

• a. Material Planning

• b. Procurement Process

• c. Production Process

• d. Fulfillment Process

• e. Lifecycle Data Management

What is the final step of the procurement process?

• a. Invoice

• b. Purchase Requisition

• c. Purchase Order

• d. Payment

• e. None of the above

Which of the following is concerned with the storage and movement of materials?

• a. Business Planning

• b. Silo Effect

• c. Project Management

• d. Material Planning

• e. Inventory and warehouse management (IWM)

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

• e. Lifecycle Data Management