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Purchasing Process Quiz

Authored by Lilly Ng

Information Technology (IT)

University

Used 1+ times

Purchasing Process Quiz
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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is a storage location?

The place where raw materials are received

The place within a plant where materials are kept until they are needed

The place where materials are collected for staging and inspection

The place within a plant where machines are installed for production purposes

The place within a plant where finished goods are kept for sale

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

Purchasing organization

Client

Company Code

Client and Company Code

Client and Purchasing Organization

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A purchasing organization is involved in all of the following operations except

Negotiating contracts and agreements

Negotiating pricing with vendors

Evaluating and identifying vendors

Determining storage locations within the plant

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

Enterprise level

Company level

Client level

Plant level

Cross-plant

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A purchasing group is an individual or a group of individuals who are responsible for all of the following except

Creating purchase requisitions

Negotiating contracts and agreements

Requesting quotations from vendors

Creating and monitoring purchase orders

Planning for material requirements

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which one of the following is not one of the data types that are relevant to the purchasing process?

Material master

Vendor master

Sales master

Purchasing info records

Conditions

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

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

The purchasing organization, the goods receipt processing time, and the delivery tolerances

The purchasing group, the goods receipt processing time, and the delivery tolerances

The purchasing group, the invoice, and the delivery tolerances

The purchasing group, the material master, and the delivery tolerances

The price, the storage location, and the delivery date

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