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Which statement about the production process is TRUE?


A) It is triggered by the WM process.
B) The first step is an availability check.
C) The last step is confirmation.
D) It involves issuing materials to the production order.
E) No FI documents are created.

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The last step of the production process is always goods issue.

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Which of the following statements regarding the goods receipt step of the external procurement process are TRUE?


A) A goods receipt is created against an STO.
B) This step results in both an FI and a material document.
C) A goods receipt is created against a PO.
D) An FI document is created,but there is no GL impact.
E) Only one material document is created.

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The shipping step involves which of the following activities?


A) Creating a delivery document.
B) Authorizing picking,packing,and goods issue.
C) Processing a purchase order.
D) Authorizing picking,packing,and goods receipt.
E) Creating a transfer order.

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The amount of the debit and credit for the goods issue step in fulfillment is based on current moving average price of the material.

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Identify the step in the procurement process for which a material document is created.


A) Goods issue
B) Goods receipt
C) Transfer order
D) STO
E) Create requisition

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A company has decided to acquire materials via internal procurement.What is the likely next step?


A) Create an STO
B) Create a purchase order
C) Create a sales order
D) Initiate shipping
E) Post a goods receipt

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In which of the following steps in the production process is a material document created?


A) Goods receipt
B) Goods issue
C) Confirmation
D) Request production
E) Availability check

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At the time of a goods receipt in an external procurement process,the material document consists of a single line item.

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The availability check in the fulfillment process can trigger the procurement process.

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The fulfillment process can trigger the procurement process.

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True

At the time of goods receipt in an internal procurement process,the material document consists of two lines for each of the plants.

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Identify the steps in the fulfillment process for which an FI document is created.


A) Goods receipt
B) Goods issue
C) Billing
D) Purchase order
E) Receive invoice

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What is the FI effect of a goods receipt posting in the external procurement process?


A) Debit GR/IR,credit inventory
B) Debit inventory,credit COGS
C) Debit inventory,credit GR/IR
D) Debit and credit to the inventory account
E) No financial effect takes place at this step,so no FI document is created.

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C

Creating a purchase order is a step in the fulfillment process.

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No material documents are created during WM processes.

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In WM steps related to fulfillment,a transfer order is created based on an)


A) Purchase order.
B) Goods issue.
C) Delivery document.
D) Goods receipt.
E) STO.

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In a make-to-order strategy the production of finished goods or semifinished goods is most frequently triggered by a


A) Sales order.
B) Purchase order.
C) Transfer order.
D) Production order.
E) Goods issue.

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Which of the steps listed below are part of the fulfillment process.


A) Purchase order sent to vendor
B) Goods receipt posted
C) Billing
D) STO processing
E) Sales order processing

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C,E

What is the general ledger impact of the goods receipt step during a stock transfer?


A) Debit GR/IR,credit inventory
B) Debit inventory,credit COGS
C) Debit and credit to the inventory account
D) Debit COGS,credit inventory
E) There is no GL impact.

Correct Answer

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