Exam 8: Supporting the Procurement Process With SAP

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Which of the following is a warehouse concern faced by organizations without an ERP system?

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How will world-wide internet impact supply chains?

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

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Prior to the implementation of SAP,the warehouse manager was responsible for the maintenance of inventory levels.

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A three-way match refers to the consistency in data between the invoice,purchase order,and the receipt of goods.

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Buying raw materials from an external vendor is an example of procurement.

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Procurement is an operational process executed hundreds or thousands of times a day in a large organization.

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Augmenting reality with procurement data makes procurement and production activities more efficient.

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

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The resources of a procurement process are referred to as ________.

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Raw materials inventory stores product components and other goods that are ________.

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Which of the following statements is true about the impact of SAP on organizations?

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The adaptation of SAP may lead organizations to use more outsourcing.

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Describe procurement in an organization.

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Which of the following actions is most likely performed manually in a procurement process using SAP?

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During the procurement process,the purchase requests that are generated using SAP are shared directly with suppliers.

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Many firms first use SAP to improve just one function of the business,such as the supply chain.

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Process integration occurs when processes are mutually supportive.

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A software consulting firm sends a formal document to its supplier,requesting the delivery of 50 desktop computers.This is an example of a(n)________.

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Which of the following documents is received by a firm from its suppliers and contains details such as the amount due to the supplier and the purchase order number?

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