Quiz on Purchasing Process

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

• Negotiating contracts and agreements

• Creating purchase requisitions

• The following except

• Creating and monitoring purchase orders

• Requesting quotations from vendors

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

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

Data in the vendor master are grouped into which three segments?

• General data, storage data, and purchasing data

• General data, storage data, and inventory data

• Storage data, accounting data, and purchasing data

• Storage data, accounting data, and pricing data

• General data, accounting data, and purchasing data

General data in a vendor master contain all of the following except:

• Name

• Address

• Communication

• Payment terms and methods

• Search term

Which of the following is an intersection or combination of material data and vendor data?

• Condition type

• Purchasing info record

• Stock transfer

• Third-party order

• Search term

Which item category would you use to have your vendor ship goods directly to your customer?

• Consignment

• Third-party

• Stock transfer

• Standard

• Transfer posting

Materials that are acquired to be used within the organization are referred to as

• Stock materials

• Transfer materials

• Vendor materials

• Consumable materials

• None of the above

Which of the following account assignment categories is used when the company acquires a fixed asset?

• Cost center

• Asset

• Order

• Sales order

• Project

Which of the following document types is not utilized during the Purchasing process?

• Material documents

• Fl documents

• CO documents

• Picking document

• Invoice