Digital MR COGS Quiz

What does COGS stand for?

• Cost of Goods Supply

• Cost of Goods Service

• Cost of Goods Sales

• Cost of Goods Sold

What does MR stand for in the context of Digital COGS?

• Material Resource

• Management Reporting

• Monthly Report

• Market Research

Which SEGMENT is NOT mentioned in the Digital COGS ?

• Bulk

• Oleo

• GE

• Bio

What is the purpose of automating MR COGS Adjustment?

• To reduce manpower of manual workload using MS Excel

• To streamline MR COGS Qty & $/MT, by Segment.

• To replace SAP data of MR Qty, with Movement Types

• To calculate MR price scheme using SAP FIFO data

What is NOT of the purposes of Digital COGS?

• To digitalize Business Controller segments (Bulk, Oleo, GE, FF) P&L work files

• To automate IDT Transfer Qty with MR Price Adjustment.

• To digitalize MR COGS into four segments (Bulk, Oleo, GE, FF) segregation

• To automate MR COGS Adjustment, with MR FIFO

Which of the following is NOT part of the MR COGS adjustment process?

• Sales Qty

• Production Output $/MT

• Purchase $/MT

• MR FIFO Tier $/MT

Which describes TWO functions of MR Mapping Master?

• To maintain user-defined master flexibility by using MS. EXCEL

• To track-view Profit Centers pegging to Material Codes

• To reduce MR Price gap

• To segregate MR COGS into product segments "Bulk, Oleo, FF, GE"

Which of the following is a component of MR FIFO?

• End Price

• Begin Price

• Sales Price

• Market Price

FIFO the four tiers logic consists below EXCEPT:

• Beginning Stock $/MT

• PUR $/MT

• Production Input $/MT

• Production Output $/MT

What does the term 'Material Transfer Qty' refer to? (Under Movement Types)

• Quantity of goods transferred within Plant.

• Quantity of goods remelt from material codes to material code.

• Quantity of goods consumed (Input).

• Quantity of goods produced (Output)