MISY 5340 Exam 1
Movement type 101 describes - answer A good receipt for a purchase order
Which one of the following steps take place at the beginning of the purchasing process?
- answer Create purchase requisition
Which of the following steps in the purchasing process is part of the FI module? -
answer Create invoice receipt from vendor
Where are vendor master reports used? - answer Both Financial Accounting and
Procurement
A request for quotation is legally binding - answerFALSE
Goods shall remain property of the supplier until complete payment - answerTRUE
Which of the following process steps in the order to cash process takes place first? -
answerCreate customer inquiry
Are customer numbers clearly assigned to exactly one customer in an SAP system? -
answerYes
Is request for quotation legally binding - answerYes, a request for quotation is legally
binding.
Every material out of stock is in unrestricted use - answerFalse.
Material stock is reduced by the picking of material - answerFALSE
Customers are debtors of deliveries and services - answerTRUE
Vendors are creditors of accounts receivable trade. - answerTRUE
Which of the following components is not part of a sales document? - answerDocument
feed (There is no document feed in a SAP system)
The document header consists of data - answerThat is valid for the complete sales
document
The document number is generated automatically while compiling the document -
answerTRUE
, Which of the following can trigger the picking of material - answerCustomer and
Production orders
Deliveries can only by picked completely - answerTRUE
Procurement - answerBuy
Fulfillment - answerSell
Production - answerProduce
Lifecycle Data Management - answerDesign
Material planning Process - answerPlan
Inventory and Warehouse management - answerStore
Asset Management and Customer Service Processes - answerService
Project Management processes - answerProjects
Financial Accounting Processes - answerTrack - External
Management Accounting / Controlling Processes - answerTrack - Internal
Balance Sheet - answerAssets = Liabilities + Equity
Income Statement - answerProfit & Loss
Income Statement - answerRevenues - Expenses = Net Income
Three stages of evolution: Stage 1 - answerStand-alone Mainframe Systems
Three stages of evolution: Stage 2 - answerClient-Server Architecture
Three stages of evolution: Stage 3 - answerService-Oriented Architecture (SOA)
Types of Data in Enterprise Systems - answerOrganizational Data
Types of Data in Enterprise Systems - answerMaster Data
Types of Data in Enterprise Systems - answerTransaction Data
Organizational Data - answerDefines the organizational structure of the enterprise
Movement type 101 describes - answer A good receipt for a purchase order
Which one of the following steps take place at the beginning of the purchasing process?
- answer Create purchase requisition
Which of the following steps in the purchasing process is part of the FI module? -
answer Create invoice receipt from vendor
Where are vendor master reports used? - answer Both Financial Accounting and
Procurement
A request for quotation is legally binding - answerFALSE
Goods shall remain property of the supplier until complete payment - answerTRUE
Which of the following process steps in the order to cash process takes place first? -
answerCreate customer inquiry
Are customer numbers clearly assigned to exactly one customer in an SAP system? -
answerYes
Is request for quotation legally binding - answerYes, a request for quotation is legally
binding.
Every material out of stock is in unrestricted use - answerFalse.
Material stock is reduced by the picking of material - answerFALSE
Customers are debtors of deliveries and services - answerTRUE
Vendors are creditors of accounts receivable trade. - answerTRUE
Which of the following components is not part of a sales document? - answerDocument
feed (There is no document feed in a SAP system)
The document header consists of data - answerThat is valid for the complete sales
document
The document number is generated automatically while compiling the document -
answerTRUE
, Which of the following can trigger the picking of material - answerCustomer and
Production orders
Deliveries can only by picked completely - answerTRUE
Procurement - answerBuy
Fulfillment - answerSell
Production - answerProduce
Lifecycle Data Management - answerDesign
Material planning Process - answerPlan
Inventory and Warehouse management - answerStore
Asset Management and Customer Service Processes - answerService
Project Management processes - answerProjects
Financial Accounting Processes - answerTrack - External
Management Accounting / Controlling Processes - answerTrack - Internal
Balance Sheet - answerAssets = Liabilities + Equity
Income Statement - answerProfit & Loss
Income Statement - answerRevenues - Expenses = Net Income
Three stages of evolution: Stage 1 - answerStand-alone Mainframe Systems
Three stages of evolution: Stage 2 - answerClient-Server Architecture
Three stages of evolution: Stage 3 - answerService-Oriented Architecture (SOA)
Types of Data in Enterprise Systems - answerOrganizational Data
Types of Data in Enterprise Systems - answerMaster Data
Types of Data in Enterprise Systems - answerTransaction Data
Organizational Data - answerDefines the organizational structure of the enterprise
