Output Conditions and Procurement Process Quiz

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

Purchasing information systems are a component of which system?

• Logistics information systems

• Business intelligence systems

• Financial information systems

• Human resource information systems

Which element of the requirements determination process involves creating the requisition?

• Data

• Task

• Trigger

• Outcomes

• None of the above

Which of the following facilitates the integration between vendor master data and financial accounting?

• Vendor account number

• Reconciliation account

• Accounts payable number

• Material number

• Accounts receivable number

Which term refers to an ordered listing of accounts that comprise a company’s general ledger?

• General ledger

• Balance sheet

• Bank ledger

• Chart of accounts (COA)

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

• Source list

• Company code

• Vendor master

• Material master

• None of the above

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

• Trigger

• Data

• Task

• Outcome

• None of the above

Which element of the payment step includes selecting a bank?

• Trigger

• Data

• Outcome

• Task

• None of the above

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

• A plant can be assigned to more than one company code

• A company code can have more than one plant

• A plant is a key organizational element in purchasing

• A plant can be assigned to only one company code

• A plant must have at least one storage area

Pre-sales activity includes all of the following except

• Customer inquiries

• Quotations

• Mailing campaigns

• Customer purchase orders

• Tracking customer contacts