ISDS 4111 Exam 2 | Questions with Verified Answers

ISDS 4111 Exam 2 | Questions with Verified Answers A company has decided to acquire materials via internal procurement. What is the likely next step? Create an STO A purchase requisition is A request to purchase materials A storage location-to-storage location transfer involves which of the following? A stock transfer between two storage locations within the same plant A storage type is a division of a warehouse based on the characteristics of the Space, materials, and activity After the SOP process has generated the production plan, The plan is transferred to demand management All of the following are key organizational elements for which material master data are defined for the fulfillment process except Shipping point All of the following can serve as a work center except A shipping dock At what level are material requirements planning (MRP) and work scheduling data defined? Plant level Benefits of implementing BPM include: smooth business operations BPR teams will be composed of functional users and ________ along with facilitators. Managers Half of all ERP projects fail to deliver all the anticipated benefits because they do not do a good job of: managing change Identify the step in the fulfillment process for which a material document is created Goods issue Identify the step in the procurement process for which a material document is created. Goods receipt If a company has adopted the make-to-stock strategy, what is the trigger for the production of goods? Need to increase inventory In plant-to- plant transfer, an FI document is created in both one-step and two-step movements In SAP ERP production planning strategy, net requirements planning (Strategy 10), procurement proposals are based on PIRs, without regard to CIRs In the fulfillment process, a plant is A facility from which the company delivers products and services to its customers In the procurement process, a purchase requisition is created during which step? requirements determination In the production process, a goods issue reflects Issuing raw materials or semifinished goods to a production order In warehouse management steps associated with the procurement process, the warehouse inventory is calculated as sum of the inventory in the following places: Interim storage areas and warehouse bins In which of the following processes is a material document NOT created? Warehouse management Material master data are grouped into views. Which one of the following combination of views is relevant to the fulfillment process? Basic data, sales organization data, sales plant data MRP type specifies The production control technique used in planning. Receive invoice is a step in which process? Procurement Requirements in the material planning process specify How many of the materials are needed and when they are needed. Setup time, processing time, and interoperation time are elements of In-house production time The creation of a production order results in several outcomes including all of the following except Confirmation The data in the customer master are divided into the following three segments: General data, accounting data, and sales area data The fulfillment process is integrated with all of the following processes except Asset management The key organizational level associated with inventory management is Storage location The main objective of material planning is To balance the demand for materials with the supply The master data elements in material planning are: Product routings, bills of material, material The organizational data elements in material planning are: Client, company code, plant, storage location Two factors that help ensure organizational commitment to the ERP project include the OPM3 process and a ________ plan. Communication Warehouse management is typically used By organizations that have either large quantities of materials or an expensive inventory What document is NOT created during the billing step of the fulfillment process if profitability analysis is active? A material document What is a stock transfer used for? To physical move materials within the enterprise from one organizational level or location to another What is SOP used for? Forecasting and planning What is the FI effect of a goods receipt posting in the external procurement process? Debit inventory, credit GR/IR What is the final step in the fulfillment process? Receipt of payment from the customer What is the general ledger impact of the goods issue step in the fulfillment process? Debit COGS; credit inventory What is the GL entry when a company receives a payment from a customer?