ERP Final Exam 1 Exam Questions
and answers GRADED A (2026)
What is a bill of materials? - correct answer
create a given product
✅ A list of components needed to
production order. (T/F) - correct answer ✅
A movement type is needed in order to issue goods from inventory to a
True
A Master does not contain the ____ view - correct answer ✅ Work Execution
✅
What happens when you save a production order in SAP? - correct answer
Planned costs are automatically calculated
A Sales and Operation (SOP) is? - correct answer
future sales and production sales
✅ A tool used for forecasting
What is a work center? - correct answer
carried out for an order
✅ It is a location where operations are
This SAP SME software solution is best suited for companies that need business
software, but don't want to support a large IT backbone. - correct answer
Business By Design
✅
SAP
____ is a SME solution for midsize companies and offers solutions for ad hoc
prepackaged data mart solutions - correct answer ✅
reporting and analysis, dashboards, visualization, powerful data integration, and
SAP BusinessObjects Edge BI
, ERP Final Exam 1 Exam Questions
and answers GRADED A (2026)
Unlike other business solutions in the midsize market, ______ helps organizations
logistics, PD, and corporate services. - correct answer ✅
manage everything from financials, HR, procurement, inventory, manufacturing,
SAP Business ALl in One
correct answer ✅
It is impossible to reassign expenses from one cost center to another. (T/F) -
False
A cost center is responsible for? - correct answer
company
✅Acquiring costs within a
(T/F) - correct answer✅
Information can be shared between financial aid and management accounting.
True
Cost elements have credit costings. (T/F) - correct answer ✅ False
Secondary cost elements are? - correct answer
accounting
✅ exclusive to management
answer ✅
How do you customize your balance sheet and profit and loss statement - correct
By changing your financial statement version
A chart of accounts should have? - correct answer
number, and G/L account categorization
✅ account name, account
and answers GRADED A (2026)
What is a bill of materials? - correct answer
create a given product
✅ A list of components needed to
production order. (T/F) - correct answer ✅
A movement type is needed in order to issue goods from inventory to a
True
A Master does not contain the ____ view - correct answer ✅ Work Execution
✅
What happens when you save a production order in SAP? - correct answer
Planned costs are automatically calculated
A Sales and Operation (SOP) is? - correct answer
future sales and production sales
✅ A tool used for forecasting
What is a work center? - correct answer
carried out for an order
✅ It is a location where operations are
This SAP SME software solution is best suited for companies that need business
software, but don't want to support a large IT backbone. - correct answer
Business By Design
✅
SAP
____ is a SME solution for midsize companies and offers solutions for ad hoc
prepackaged data mart solutions - correct answer ✅
reporting and analysis, dashboards, visualization, powerful data integration, and
SAP BusinessObjects Edge BI
, ERP Final Exam 1 Exam Questions
and answers GRADED A (2026)
Unlike other business solutions in the midsize market, ______ helps organizations
logistics, PD, and corporate services. - correct answer ✅
manage everything from financials, HR, procurement, inventory, manufacturing,
SAP Business ALl in One
correct answer ✅
It is impossible to reassign expenses from one cost center to another. (T/F) -
False
A cost center is responsible for? - correct answer
company
✅Acquiring costs within a
(T/F) - correct answer✅
Information can be shared between financial aid and management accounting.
True
Cost elements have credit costings. (T/F) - correct answer ✅ False
Secondary cost elements are? - correct answer
accounting
✅ exclusive to management
answer ✅
How do you customize your balance sheet and profit and loss statement - correct
By changing your financial statement version
A chart of accounts should have? - correct answer
number, and G/L account categorization
✅ account name, account
