Question 1

Traditional procurement processes enabled the generation of real-time accounting reports.

Accepted Answer

A) True 
 B)False

Question 2

What are the main procurement activities?

Accepted Answer

The three main procurement act

Question 3

A three-way check must be performed in a procurement process before posting an outgoing payment to a vendor.

Accepted Answer

A) True 
 B)False

Question 4

When does the bullwhip effect occur?

Accepted Answer

The bullwhip effect occurs whe

Question 5

Which of the following is most likely the final activity of the procurement process after the implementation of SAP?

Accepted Answer

A)  approving a purchase requisition 
B)  generating an invoice 
C)  creating a goods receipt 
D)  posting an outgoing payment 
A)  approving a purchase requisition 
B)  generating an invoice 
C)  creating a goods receipt 
D)  posting an outgoing payment

Question 6

Sharing data leads to an increase in the bullwhip effect in the supply chain.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following is a potential solution to the bullwhip effect?

Accepted Answer

A)  increasing the number of levels in the supply chain 
B)  increasing manufacturing capacity 
C)  reducing the number of salespeople 
D)  sharing sales order data in real-time 
A)  increasing the number of levels in the supply chain 
B)  increasing manufacturing capacity 
C)  reducing the number of salespeople 
D)  sharing sales order data in real-time

Question 8

SAP systems store all procurement data in a single database.

Accepted Answer

A) True 
 B)False

Question 9

Transportation is the lowest cost activity of the procurement process.

Accepted Answer

A) True 
 B)False

Question 10

A purchase requisition is a formal order sent to a supplier for the purchase of materials.

Accepted Answer

A) True 
 B)False

Question 11

SAP enables organizations to share real-time data with suppliers,but it slows down the procurement process.

Accepted Answer

A) True 
 B)False

Question 12

With ________,computer data or graphics are overlaid onto the physical environment.

Accepted Answer

A)  radio-frequency identification 
B)  augmented reality 
C)  3D printing 
D)  digital fabrication 
A)  radio-frequency identification 
B)  augmented reality 
C)  3D printing 
D)  digital fabrication

Question 13

Define the term lead time.

Accepted Answer

The time required for a suppli

Question 14

Before the advent of SAP,most large organizations typically consolidated data in a single database.

Accepted Answer

A) True 
 B)False

Question 15

Describe radio-frequency identification technology.

Accepted Answer

Radio-frequency identification (RFID)tec

Question 16

SAP process integration enables organizations to quickly respond to new consumer demands.

Accepted Answer

A) True 
 B)False

Question 17

Supply chain processes are improved when processes share data.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is a written document that requests the delivery of a specified quantity of a product or service in return for payment?

Accepted Answer

A)  memorandum of association 
B)  purchase order 
C)  term sheet 
D)  itemized bill 
A)  memorandum of association 
B)  purchase order 
C)  term sheet 
D)  itemized bill

Question 19

The steps required to install an ERP system is referred to as the implementation process.

Accepted Answer

A) True 
 B)False

Question 20

SAP can reduce the lead time in procurement processes due to its ability to ________.

Accepted Answer

A)  perform gap analysis 
B)  share real-time data 
C)  perform manual processes 
D)  decentralize information 
A)  perform gap analysis 
B)  share real-time data 
C)  perform manual processes 
D)  decentralize information

Traditional procurement processes enabled the generation of real-time accounting reports.

What are the main procurement activities?

A three-way check must be performed in a procurement process before posting an outgoing payment to a vendor.

When does the bullwhip effect occur?

Which of the following is most likely the final activity of the procurement process after the implementation of SAP?

Sharing data leads to an increase in the bullwhip effect in the supply chain.

Which of the following is a potential solution to the bullwhip effect?

SAP systems store all procurement data in a single database.

Transportation is the lowest cost activity of the procurement process.

A purchase requisition is a formal order sent to a supplier for the purchase of materials.

SAP enables organizations to share real-time data with suppliers,but it slows down the procurement process.

With ________,computer data or graphics are overlaid onto the physical environment.

Define the term lead time.

Before the advent of SAP,most large organizations typically consolidated data in a single database.

Describe radio-frequency identification technology.

SAP process integration enables organizations to quickly respond to new consumer demands.

Supply chain processes are improved when processes share data.

Which of the following is a written document that requests the delivery of a specified quantity of a product or service in return for payment?

The steps required to install an ERP system is referred to as the implementation process.

SAP can reduce the lead time in procurement processes due to its ability to ________.

The Importance of Mis

Business Processes, information Systems, and Information

Hardware, software, and Networks

Database Processing

Using Is to Improve Processes

Supporting Processes With Erp Systems

Supporting the Sales Process With Sap

Collaboration and Is

Social Media and Is

Business Intelligence and Is

Mis Management Processes: Process Management, systems Development, and Security

Filters

Exam 7: Supporting the Procurement Process With Sap

Traditional procurement processes enabled the generation of real-time accounting reports.

What are the main procurement activities?

A three-way check must be performed in a procurement process before posting an outgoing payment to a vendor.

When does the bullwhip effect occur?

Which of the following is most likely the final activity of the procurement process after the implementation of SAP?

Sharing data leads to an increase in the bullwhip effect in the supply chain.

Which of the following is a potential solution to the bullwhip effect?

SAP systems store all procurement data in a single database.

Transportation is the lowest cost activity of the procurement process.

A purchase requisition is a formal order sent to a supplier for the purchase of materials.

SAP enables organizations to share real-time data with suppliers,but it slows down the procurement process.

With ________,computer data or graphics are overlaid onto the physical environment.

Define the term lead time.

Before the advent of SAP,most large organizations typically consolidated data in a single database.

Describe radio-frequency identification technology.

SAP process integration enables organizations to quickly respond to new consumer demands.

Supply chain processes are improved when processes share data.

Which of the following is a written document that requests the delivery of a specified quantity of a product or service in return for payment?

The steps required to install an ERP system is referred to as the implementation process.

SAP can reduce the lead time in procurement processes due to its ability to ________.

The Importance of Mis

Business Processes, information Systems, and Information

Hardware, software, and Networks

Database Processing

Using Is to Improve Processes

Supporting Processes With Erp Systems

Supporting the Sales Process With Sap

Collaboration and Is

Social Media and Is

Business Intelligence and Is

Mis Management Processes: Process Management, systems Development, and Security

Filters