INFX 481 Final Pt. 2
The main objective of material planning is
To balance the demand for materials with the supply
To eliminate excess inventory
To avoid lost sales
To shorten the duration of the procurement cycle
To minimize the expenses for storing excess inventory
The MRP technique calculates the requirement for a material based on
Historical data
Replenishment lead time
Current data
The material's dependence on other materials
Material type
The master data elements in material planning are:
Product routings, bill of materials, material master, product groups
Product routings, product types, material masters, customers
Material masters, storage location, product groups, product routings
Material masters, product types, storage location, vendors
Product types, product routings, material masters, product groups
Exploding a BOM refers to
Calculating and planning requirements for materials at all levels of the BOM
Choosing the planning strategy for the BOM
Generating multiple BOMs for materials in the same group
Executing BOM for materials at the top level of the BOM
Creating the BOM hierarchy showing all the levels of the BOM
Which of the following statements about consumption-based planning are NOT TRUE? (TWO correct answers)
It calculates the requirements for a material based on historical consumption data
It includes forecase-based planning as one of its categories
It assumes the future consumption will follow the same patters as past consumption
It is relativelty more complicated compared with MRP
It takes into account dependencies between different materials
When creating a transfer order, you find that a particular material has to be moved from multiple source bins. Which of the following statements follows from this scenario?
The transfer order will have multiple line items for the material
The material will be written in one line item
Changing the material status from consignment to warehouse stock
This scenario is impossible
An internal order request will be created to move the material into one source bin
Which of the following are examples of unplanned goods issue? (THREE)
Issuing material to sampling
Using materials for internal consumption
Shipping goods to unplanned storage location
Issues materials to scrap
Unplanned returns from customers
Which of the following are rules that apply when linking warehouses to storage locations? (THREE)
A warehouse can be linked to storage locations across multiple plants
Not all storage locations must be linked to a warehouse
A warehouse cannot be linked to a storage location across multiple plants
A warehouse must be linkd to at least one storage location
A storage location can be linked to one or many warehouses
The key links between inventory management and warehouse management are
Association of storage locations to a warehouse
Transfer postings
Transfer orders
Storage locations
Storage bins
A storage type is a division of a warehouse based on the characteristcs of the
Space, materials, and activity
Dimensions and profitability
Price, space, and type
Weight, width, and type
A stock transfer can involve moments (FOUR)
Between plants in different comapny codes
Between plants in one company code
Between different storage types within the same storage location
Between starage locations in different plants
Between storage locations within one plant
Which of the following elements are in a picking are?
Materials of the same material type
Storage bins, based on similar picking strategies
Shelves and pallets
Materials with similar transportation type
For which of the following scenariors can storage location-to-storage location transfer be applied (TWO)
Materials are transferred from a temporary storage location in one plant to a permanent storage location in another plant
Materials are wrongly delivered to one plant and need to be relocatd to another plant
Material received from a vendor are initially placed in a stoerage location for quality inspection to be performed before placed in a permanent location
Materials are moved via a stock transfer between plants in different company codes
Materials are initially stored in a temporary staging area and are subsequently moved to a permanent location within the same plant
Which of the following represents the hierarchy of a warehouse
Warehouse, storage type, storage section, storage bin
Warehouse, storage section, storage type, storage bin
Warehouse, storage bin, storage section, storage type
Warehouse, storage type, storage bin, storage section
Which of the following represents a possible sequence of steps in the warehouse movement process?
Generate a transfer order, physically move the materials, retrieve transfer order, confirm the movement
Generate a transfer order, retrieve the transfer order, confirm movement, physically move materials
Physically move the materials, generate a transfer order, confirm movement, retrieve transfer order
Create a transfer request, physically move the materials, confirm the movement, retrieve the transfer request
In a make-to-order strategy the production of a finished goods or semifinished goods is most frequently triggered by a
Sales order
Transfer order
Goods issue
Production order
Purchase order
Which statement about the production process is TRUE?
The first step is an availability check
The last step is confirmation
No FI documents are created
It is triggered by the WM process
It involved issuing materials to the production order
In which of the following proccesses is a transfer order (TO) created?
Warehouse management
Fulfilment
Production
Procurement
Inventory management
What is the general ledger impact of the goods receipt during a stock transfer?
There is no GL impact
Debit COGS, credit inv account
Debit GR/IR, credit inventory
Debit invenrory, credit COGS
Debit COGS, credit inventory
Calculate the financial effect of a goods issue posting based on the following data: Procurement type = Internal, Materials = Pens, Quanitity shipped = 100, Valuation price at the receiving plants (for one pen) = $2.30, Valuation price at the sending plant (for one pen): $2.40
Debit and credit to the inventory account for $240.0
Calculate the debit and credit for the goods issue step in the fulfilment process: Materials sold = Printers, Quanitties sold = 100, Price for customer = $120.00, Current average moving price = $85.00, Price from venfor = $84.00, Average oprice 30 days before customer order was placed: $86.00
$8,500
Which of the following processes can have a controlling (CO) impact? (THREE)
Procurement
Warehouse management
Inventory management
Fulfilment
Production
WHich of the following processes can have a financial (FI) document? (FOUR)
Fulfilment
Inventory management
Production
Warehouse management
Procurement
Which of the following statements concerning the procurement process are TRUE? (THREE)
Two material documents are created
The send payment step involves creation of an FI document
Goods receipt is one of the steps
Vendor billing is one of the steps
Only one FI document is created
Which of the following statements apply to the goods issue step of the internal procurement proccess? (THREE)
A material document is created, but FI documents are not
Both material and FI documents are created
The status of the materials in the receiving plant is "stock in transit"
The status of the material in the receiving plant is "unrestricted use"
The material document includes two line items for each location
Which of the following is not an advantage of Stock transport orders over stock transfers?
Can post to consumption
Can manage transportation and fright
Can plan for shipping and receiving
Integration with MRP
Can be done in one step
Which of the following is the GL clearing account for purchasing?
Vendor sub-ledger
Accounts receivable
GR/IR account
Accounts payable
Bank account
What is the CO impact in the confirmation step of the production process?
The finished goods inventory account is debited
Material costs are debited to the production order as actual costs
The manufactoring output settlement account is credited
The production order is credited by the value of the finished goods
Labor costs are transerred from the work centers to the production order
A BOM can be used in which of the following: (3)
Moving average price calculation
Production
Material requirements planning
Warehouse management
Inventory management
What are the GL entries when a customer invocie is generated? (3)
The customer subledger account is debited
The vendor subledger account is credit
The accounts payable reconciliation account is debited
The revenue account is credited
The accounts receivable reconciliation account is debited
Which of the following statements regarding the goods receipt step of the external procurement process are TRUE? (3)
This step results in both an FI and a material document
A goods receipt is created against an STO
Only one material document is created
A goods receipt is created against a PO
An FI document is created, but there is no GL impact
Which of the following statements about the integrated process are TRUE? (3)
The process is triggered by a customer order
The production process continues then the finished products become available
The production process is suspeneded when the needed raw materials are not available
The fulfilment process is suspeneded when the needed raw materials are not available
The fulfilment process continues when the finished products become available
Your organization is implenting the Sales Order Management Business Process in SAP ERP. The implemenation team asks your advice on the assignment of the Sales Ordr Management organizational levels to other SAP ERP organizational levels. Which of the following statements correctly describe the assignment of Sales Order Management Organizational levels in SAP ERP? (3)
More than one distribution channel can be assigned to a sales org
A plant can only be assigned to one sales org
A sales area can be assigned to multiple comapny codes
A sales area can belong to only one company code
A plant can have many shipping points
Sales Order Management can be integreated with Warehouse Management in SAP ERP during the shipping process. Which of the following steps in the shipping process will not take place if warehouse management is not active? (2)
Posting a goods issue
Packing
Picking confirmation
Printing of the transfer order
FI documents are created
Which of the following statements are true regarding a work center? (2)
A work center contains formula keys to assist in calculation of costing, scheduling, and capacity reqs
A standard value is a planned value used to carry out an operation, such as the execution time
BOM components that are not assigned to an operation in a Routing are automatically assigned to the first person
Work centers can be assigned operations based on the settlement rule in the order header
Operations in a BOM are carried out at Work Centers
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