INMT 342 Exam 1 Questions with complete solution 2025/2026
1. It is important that we focus on business and First; second
technology .
2. Procure to Pay (PTP) is the business process. buying
3. Order to Cash (OTC) is the business process. selling
4. Which is the point of sale in the Order to Cash business Deliver
goods/services to
process? customer
5. T/F: Procure to Pay and Order to Cash are interrelated. true
6. Which of the following is not an information distribute
process- ing event as described in this class?
7. Conversion is the process of
Converting raw materials
into finished goods
? Group of answer choices
Source Data
8. is collecting data at its point of
Automation (SDA)
origin in digital form
9. Which of the following scenarios would most Ticket Processing (sports
likely
benefit from real-time processing instead of batch pro- or airline)
cessing?
10. When one company wants to share its data with anoth- Electronic
Data Inter-
er company without human interaction, they change (EDI)
should use .
11. When goods are received from suppliers, Kyle inspects Procure to
Pay
them and sends them to the warehouse. He
1/
13
, INMT 342 Exam 1 Questions with complete solution 2025/2026
then for- wards a copy of the receiving report to
Sarah, the account payables clerk in the
Accounting Department. When it is time to pay for
the goods, Sarah prepares
2/
13
1. It is important that we focus on business and First; second
technology .
2. Procure to Pay (PTP) is the business process. buying
3. Order to Cash (OTC) is the business process. selling
4. Which is the point of sale in the Order to Cash business Deliver
goods/services to
process? customer
5. T/F: Procure to Pay and Order to Cash are interrelated. true
6. Which of the following is not an information distribute
process- ing event as described in this class?
7. Conversion is the process of
Converting raw materials
into finished goods
? Group of answer choices
Source Data
8. is collecting data at its point of
Automation (SDA)
origin in digital form
9. Which of the following scenarios would most Ticket Processing (sports
likely
benefit from real-time processing instead of batch pro- or airline)
cessing?
10. When one company wants to share its data with anoth- Electronic
Data Inter-
er company without human interaction, they change (EDI)
should use .
11. When goods are received from suppliers, Kyle inspects Procure to
Pay
them and sends them to the warehouse. He
1/
13
, INMT 342 Exam 1 Questions with complete solution 2025/2026
then for- wards a copy of the receiving report to
Sarah, the account payables clerk in the
Accounting Department. When it is time to pay for
the goods, Sarah prepares
2/
13
