CHƯƠNG 1

1. Asset management is concerned with both the preventive and the

corrective maintenance of an organization’s equipment.
A. True (Đ)
B. False

2. Which term refers to a system in which workers complete their tasks in

separate departments without regard to the consequences for the other
components of the process?
a.Functional Structure
b.Silo Effect (Đ)
c.ERP Effect
d.Cross-Functional
e.Enterprise Systems

3. Which process tracks the financial impact of process steps with the goal
of meeting legal reporting requirements?
a.Financial Accounting (Đ)
b.Human Capital Management (HCM)
c.Project Management
d.Management Accounting or Controlling (CO)
e.None of the above

4. The final stage of the customer service process is the settlement stage.
A. True  (Đ)
B. False

5. Excess supply will result in lower inventory costs because the company
is eligible for a bulk rate.
A. True
B. False (Đ)
6. Which process uses historical data and sales forecasts to plan which
materials will be procured and produced?
A. Production Process
B. Material Planning (Đ)
C. Procurement Process
D. Fulfillment Process
E. Lifecycle Data Management

7. What is the final step of the procurement process?

a.Invoice
b.Purchase Requisition
c.Payment (Đ)
d.None of the above
e.Purchase Order
8. Management accounting helps an organization track costs and revenues
to assess its profitability
A. True  (Đ)
B. False

9 .Projects rely on resources located in and work performed in other

processes.
A. True  (Đ)
B. False

10. Which of the following are components of the fulfillment (sell) process?
a.Production
b.Accounting (Đ)
c.Operations
d.Warehouse (Đ)
e.Sales (Đ)
11. During the planning phase of a project the scope of the project is
defined and the milestones and deadlines are established.
A. True  (Đ)
B. False

12 .Lead time is the time between placing the order and receiving
confirmation that the item has been shipped.
A. True  (Đ)
B. False

13. Accounts payable is used to track money owed by customers.

A. True
B. False  (Đ)

14. Asset accounting is concerned with tracking financial data related to

assets such as machinery and cars.
A. True  (Đ)
B. False

15. Which process supports the design and development of products from
the initial product idea stage through the discontinuation of the product?
a .Lifecycle Data Management (Đ)
b.Production Process
c.Procurement Process
d.Material Planning
e.Fulfillment Process
16. The lifecycle data management (design) process supports the design
and development of products from the initial product idea stage through
the discontinuation of the product.
A. True  (Đ)
B. False

17. Common reports of financial accounting include income statement,

profit and loss, and balance sheet.
A. True  (Đ)
B. False

18._____________enables an organization to optimize its product

development process, from design to market, while ensuring that it
complies with industry, quality, and regulatory standards?
a.Lifecycle Data Management (Đ)
b.None of the above
c.Material Planning
d.Project Management
e.Business Planning

19. The material planning process is used to maintain internal assets such
as machinery and to delivery after-sales customer services such as repairs.
A. True
B. False  (Đ)

20. What part of the project management process is within the various
functional areas?
a.Execution (Đ)
b.Request maintenance
c.Settlement (Đ)
d.Budgeting (Đ)
e.Planning (Đ)

21. The term materials encompasses which of the following?

a.Anything used in an organization (Đ)
b.Components (Đ)
c.Products (Đ)
d.Accounting
e.Parts (Đ)

22. Which of the following activities are related to the production process?
a. Receive Payment
b.Store materials (Đ)
c.Request materials (Đ)
d.Locate Materials (Đ)
e.Issue Materials (Đ)

23. Which of the following statements about business processes is true?

a.They involve multiple steps.
b.None of the above
c.All of the above (Đ)
d.They are initiated by some type of trigger.
e.They are executed across multiple functions

24. Materials encompass all the products, components, and parts that are
used in an organization.
A. True  (Đ)
B. False

25. The procurement process includes all of the tasks involved in acquiring
needed materials.
A. True  (Đ)
B. False

26. Sales is involved in which steps in the customer service process?

a.Request maintenance
b.Create service request (Đ)
c.Authorize service (Đ)
d.Settlement
e.Perform service

27. Accounts receivable is used to track money that is owed to vendors.

A. True
B. False  (Đ)

28. Which term refers to business processes that are not executed by a
single group or function?  
a.Cross-Functional (Đ)
b.Organizational Structure
c.Silo Effect
d.Enterprise Systems
e.Functional Structure

29. Which system supports business processes end to end?

a.Functional Structure
b.Enterprise System (Đ)
c.Document System
d.Accounting System
e.Management System

30. What is true about SAP R/3?

a.Consolidates process data in a single database (Đ)
b.Enables users to view the status of a process in real time (Đ)
c.Enables users to view the status of a process in real time
d.Executes every process from start to finish (Đ)
e.Supports a single function or department
31.Which of the following statements about SAP R/3 is true?
a.It is an end-to-end enterprise system (Đ)
b.Sharing data between departments is problematic
c.None of the above
d.It supports a single function or department

32._____________ provides tools to manage and store documents securely

and to keep track of the multiple versions of these documents?
a.Document Management (Đ)
b.Material Planning
c.Enterprise Management
d.Project Management
e.None of the above

33. Which process is used to plan and execute large projects such as the
construction of a new factory or the production of complex products such
as airplanes?
a.Management Accounting or Controlling (CO)
b.Financial Accounting
c.Human Capital Management (HCM)
d.Project Management (Đ)
e.None of the above

34. Lead time is the time between placing the order and receiving
confirmation that the item has been shipped.
A. True 
B. False (Đ)

35. What steps are involved in the accounting portion of the procurement
process?
a.Creating and sending the purchase order
b.Creating the purchase requisition and sending payment
c.Creating the purchase requisition and receiving the materials
d.Receiving the materials and the invoice
e.Receiving the invoice and sending payment (Đ)

36. Which departments take part in the conception of an idea?

a.Marketing (Đ)
b.Sales
c.Engineering (Đ)
d.Accounting
37. An enterprise system is a set of tasks or activities that produce desired
outcomes.
A. True
B. False  (Đ)

38. Which of the following activities are related to the fulfillment process?
a.Store Materials
b.Prepare Shipment (Đ)
c.Locate Materials (Đ)
d.Ship to Customer (Đ)
e.Prepare for Storage

39. Which of the following are steps within a generic business process of an
organization?
a.Payment
b.Confirmation
c.Outcome (Đ)
d.Trigger (Đ)
e.Shipment
40. In which elements of the lifecycle data management process does
marketing play a role?
a.Discontinue product (Đ)
b.Make (Đ)
c.Design
d.Conceive product ideas
e.Marketing & service (Đ)

41. Which term refers to all of the activities involved in buying or

acquiring the materials used by the organization, such as raw materials
needed to make products?
a.Fulfillment Process
b.Procurement Process (Đ)
c.Material Planning
d.Lifecycle Data Management
e.Production Process

42. Large warehouses do not need to move items as quickly and efficiently
as smaller warehouses.
A. True
B. False  (Đ)

43. What is the first step of the production process?

a.Issue Raw Materials
b.Receive Finished Goods
c.Create Product
d.Request Production (Đ)
e.Authorize Production

44. Which processes have an impact on an organization’s finances?

a.Management accounting or controlling processes (Đ)
b.Financial accounting processes (Đ)
c.Project management processes
d.Material planning process
e.Procurement process

45. How does GBI Global sell its merchandise?

a.Directly to customers
b.Via a network of specialized dealers (Đ)
c.All of the above
d.Via the Internet
e.None of the above

46. A project is permanent in nature and is typically associated with

smaller, simpler projects.
A. True
B. False  (Đ)

47. ___________ is concerned with matching the demand for materials in

the organization with the supply.
a.Project Management
b.None of the above
c.The Silo Effect
d.Material Planning (Đ)
e.Business Planning

48. Insufficient supply results in a situation called “stock out.”

A. True  (Đ)
B. False

49. Which process focuses on people within an organization and includes

functions such as recruiting, hiring, training, and benefits management?
a.Project Management
b.Management Accounting or Controlling (CO)
c.None of the above
d.Financial Accounting
e.Human Capital Management (HCM) (Đ)

50. Which of the following activities are related to the procurement

process?
a.Prepare for Storage (Đ)
b.Receive Materials (Đ)
c.Store Materials (Đ)
d.Issue Materials
e.Locate Materials

51. Losing sight of the big picture is commonly referred to as the silo
effect.
A. True  (Đ)
B. False

52. Which of the following is concerned with the storage and movement of
materials?
a.Project Management
b.Business Planning
c.Inventory and warehouse management (IWM) (Đ)
d.The Silo Effect

53. Which term represents a set of tasks or activities that produce desired
outcomes?
a.Outcome
b.Enterprise Resource Planning (Đ)
c.Business Process (Đ)
d.None of the above
e.Trigger

54. Which of the following are components of the production (make)

process?
a.Accounting
b.Warehouse (Đ)
c.Production (Đ)
d.Operations
e.Sales

55. The fulfillment process (sell) consists of all the steps involved in selling
and delivering the products to the organization’s customers.
A. True  (Đ)
B. False

56. The most common organizational structure within modern

organizations is the functional structure.
A. True  (Đ)
B. False

57. Forecasts of finished goods are determined by data from material

planning.
A. True  (Đ)
B. False
58.What function does the warehouse perform in the fulfillment process?
a.Notifies the customer
b.Communicates data related to the order to other parts of the organization
c.Prepares and sends the shipment to the customer (Đ)
d.Tracks the order
e.None of the above
59. Which of the following are components of the procurement process?
a.Purchasing (Đ)
b.Warehouse (Đ)
c.Operations
d.Accounting (Đ)
e.Sales

60. Within the financial structure, typical functions or departments found

in a modern organization include which of the following?
a.marketing (Đ)
b.operations (Đ)
c.purchasing (Đ)
d.finance (Đ)
e.internships

61. Which process involves the actual creation of the products?

a.Procurement Process
b.Lifecycle Data Management
c.Material Planning
d.Fulfillment Process
e.Production Process (Đ)

62. The financial accounting process focuses on internal reporting to

manage costs and revenues
A. True
B. False  (Đ)

63. Without the various steps of the business process, a company can’t
successfully bill customers and ship products.
A. True  (Đ)
B. False

64. Within the production process, the issuing of raw materials takes place
in the warehouse
A. True  (Đ)
B. False

65. The final stage of asset management and customer service is the
authorization maintenance stage.
A. True
B. False  (Đ)

66. Which of the following are components of the lifecycle data

management process?
a.Sales
b.Accounting
c.Engineering (Đ)
d.Production (Đ)
e.Marketing (Đ)

67. Which processes focus primarily on people and projects?

a.Human capital management processes (Đ)
b.Procurement process
c.Financial accounting processes
d.Project management processes (Đ)
e.Production process

68. Systems that support end-to-end processes are called business

processes.
A. True
B. False  (Đ)
 CHƯƠNG 2
1. Organizational data are used to represent the structure of an enterprise.
A. True (Đ)
B. False
2. Enterprise resource planning (ERP) focuses on the internal operations
of an organization.
A. True (Đ)
B. False
3. Materials are categorized into different material types based on the way
they are used in the firm’s operations.
A. True (Đ)
B. False

4. How many company codes can a plant belong to?

a.Three
b.Two
c.Any Number
d.One(Đ)

5. Material master are organizational elements that performs multiple

functions and is relevant to several processes.
A. True
B. False (Đ)

6. Financial accounting (FI) documents, management accounting or

controlling (CO) documents, and material documents are referred to as
a.None of the above
b.Material Group
c.Transaction Documents
d.Virtual Documents(Đ)
e.Transaction Data

7. The four most common material types are raw materials, semi‐finished
goods, finished goods, and exported goods.
A. True
B. False (Đ)

8 .Which of the following statements regarding organizational data are

true?
a.Organizational data define the structure of an enterprise.(Đ)
b.Organizational data are constantly changing.
c.Organizational data represent entities such as customers and vendors.(Đ)
d.Organizational data change infrequently.
e.Organizational data are a consequence of the execution of process steps.

9. Which of the following statements regarding process level reporting are

true?
a.It provides information on the performance of a process across many
occurrences (e.g., customer orders over time).(Đ)
b.It is based on data in the informational system.
c.It is based on data in the transactional system.(Đ)
d.It provides the status of one occurrence of a process (e.g., one customer
order).
e.It uses aggregated data.(Đ)

10. A plant can be a factory, a warehouse, a regional distribution center,

or a service center.
A. True (Đ)
B. False

11. Which of the following are examples of organizational data in SAP?

a.Plant
b.Customer(Đ)
c.Client(Đ)
d.Purchasing Organization
e.Vendor(Đ)

12. Which term relates to the technical capabilities that allow systems to
connect with one another through standardized interfaces called Web
services?
a.Service-Oriented Architecture(Đ)
b.Enterprise Resource Planning
c.Supply Chain Management
d.None of the above
e.Architecture

13. A client represents each company within an enterprise.

A. True
B. False (Đ)

14. Which of the following are examples of online lists?

a.Picking list
b.List of customers(Đ)
c.Billing due list
d.Delivery due list
e.List of documents(Đ)

15.____________reflect(s) the consequences of executing process steps.

a.Project Management
b.Organizational Data
c.Material Master
d.None of the above
e.Transaction Data(Đ)

16 .The financial accounting documents, management accounting or

controlling documents, and material documents are all “virtual.”
A. True (Đ)
B. False

17. Which of the following is used to integrate several client-server

applications and create enterprise mash-ups, or composite applications?
a.Enterprise System
b.Management System
c.Accounting System
d.Web Services(Đ)
e.All of the above

18. Which of the following is(are) used to represent the structure of an

enterprise?
a.Organizational Data(Đ)
b.Project Management
c.Client
d.Plant
e.Lifecycle Data Management

19. Which of the following terms refers to an organizational element that

performs multiple functions and is relevant to several processes?
a.Fulfillment
b.Warehouse
c.Procurement
d.Plant(Đ)
e.Lifecycle Data Management
20. Work lists identify tasks that are scheduled to be completed in a
process.
A.True (Đ)
B. False

21. Customer relationship management (CRM) systems connect a

company’s ERP system to its accounting software system.
A. True
B. False (Đ)

22. Application platforms serve as a type of "enterprise operating system"

for a company’s ES landscape by allowing all of the various systems to
communicate seamlessly with one another as well as with systems outside
the company.
A. True (Đ)
B. False

23. Material master data are grouped based on:

a.Key segments
b.Organizational Element(Đ)
c.Material type(Đ)
d.Process
e.Company Code(Đ)

24. A plant can be used to represent which of the following?

a.A legal entity
b.A factory(Đ)
c.An office(Đ)
d.A storage facility (warehouse, DC)(Đ)
e.A company vehicle
25. Which term refers to the technical structure of the software, how users
interact with the software, and how the software is physically managed on
computer hardware?
a.Supply Chain Management
b.None of the above
c.Enterprise Resource Planning
d.Architecture(Đ)
e.Service-Oriented Architecture

26. Which of the following terms refers to materials with similar

characteristics?
a.None of the above
b.Material Master
c.Transaction Data
d.Material Group(Đ)
e.Material number

27. Which of the following statements concerning Web services are true?
a.Web services are an essential component of enterprise systems.(Đ)
b.Web services have standard interfaces for input and output.
c.One Web service can be used to execute multiple steps in a process.
d.Web services expose functionality to other applications.(Đ)
e.Web services can be used to create composite applications.(Đ)

28. Materials that are purchased from an external source (a vendor) and
used in the production process are known as  ______________
a.Finished Goods (FERT)
b.Trading Goods
c.None of the above
d.Semi-finished Goods (HALB)
e.Material Types(Đ)
29. The highest organizational level in SAP ERP is the
a.Plant
b.Client(Đ)
c.None of the above
d.Vendor
e.Material Master

30. Which of the following is(are) used to capture specified transaction

data in an aggregated and summarized form that enables users to analyze
the data as needed.
a.Online Analytic Processing (OLAP)
b.Period Definition
c.Evaluating
d.Reporting
e.Information Structures(Đ)

31. Which of the following statements regarding instance level reporting

are true?
a.It provides the status of one occurrence of a process (e.g., one customer
order).(Đ)
b.It provides information on the performance of a process across many
occurrences (e.g., customer orders over time).
c.It is based on data in the informational system.
d.It uses aggregated data.
e.It is based on data in the transactional system.(Đ)

32. Scalability is the ability of the hardware and software to support a

greater number of users easily over time.
A. True (Đ)
B. False
33. Inter-company processes take place within a single company.
A. True 
B. False(Đ)

34. Information structures enable which types of analysis?

a.Flexible analysis(Đ)
b.Rigid analysis
c.All of the above
d.Standard analysis(Đ)

35. Which system connects a company’s ERP system to those of its

customers?
a.None of the above
b.Customer Relationship Management (CRM)(Đ)
c.Enterprise Solution
d.Product Lifecycle Management (PLM)
e.Application Platform

36. SAP NetWeaver is the “operating system” for an entire company’s

business processes.
A. True (Đ)
B. False

37. When you access the Internet, your browser is the presentation layer.
A. True (Đ)
B. False

38. Information structures display lists of master data, such as materials,

vendors, and purchasing info records, and documents, such as transaction
documents, FI, CO, and material documents that are generated during the
execution of a process.
A. True (Đ)
B. False

39. Current versions of the SAP business suite can’t run on SAP
NetWeaver.
A. True
B. False (Đ)

40. A company code is the highest organizational level in SAP ERP.

A. True
B. False (Đ)

41. Trading goods (HAWA) are resold to customers after they have been
modified by the company.
A. True
B. False (Đ)

42. Supply chain management (SCM) systems help companies execute the
processes of research, design, and product management.
A. True 
B. False(Đ)

43. Supply chain management deals with

a.Providing data to help manage sales
b.Planning for production demand requirements(Đ)
c.Optimizing transportation and logistics for materials(Đ)
d.Managing relationships with suppliers
44. Which of the following are examples of master data in SAP?
a.Purchasing Organization
b.Vendor(Đ)
c.Customer(Đ)
d.Plant
e.Client

45 .Which of the following master data is used in numerous processes?

a.Plant
b.Customer Master
c.Company Code
d.Vendor Master
e.Material Master(Đ)

46. The architecture of an enterprise system refers to the technical

structure of the software, how users interact with the software, and how
the software is physically managed on computer hardware.
A. True (Đ)
B. False

47. Which program is the “operating system” for an entire company’s

business processes?
a.SAP NetWeaver(Đ)
b.None of the above
c.SAP Prolific
d.Linux
e.Microsoft Vista

48. A plant can be used to represent which of the following?

a.A storage facility (warehouse, DC)(Đ)
b.A legal entity
c.A factory(Đ)
d.An office(Đ)
e.A company vehicle

49. Plant is an organizational element where

a.Services and maintenance is performed(Đ)
b.Production planning is carried out(Đ)
c.Financial accounting takes place
d.Products and services are created(Đ)

50. The online transaction processing (OLTP) system is designed to

capture and store detailed organizational data.
A. True
B. False (Đ)
51. Which term is generally used to describe the ways that users can view
and analyze data to help them make decisions and complete their tasks?
a.Period Definition
b.Evaluating
c.Online Analytic Processing (OLAP)
d.Characteristics
e.Reporting(Đ)

52. A building can house only a single plant.

A. True
B. False (Đ)

53. Transaction data make use of which types of data?

a.Master(Đ)
b.Situational(Đ)
c.None of the above
d.Organizational(Đ)
54. Which of the following SAP systems are used to support inter-company
processes?
a.Strategic enterprise management (SEM) module
b.Production planning (PP) module
c.SAP CRM(Đ)
d.Materials management (MM) module
e.SAP SCM(Đ)

55. Which of the following statements concerning transaction data are

true?
a.Transaction data change infrequently.
b.Transaction data are a consequence of the execution of process steps.(Đ)
c.Transaction data are constantly changing.(Đ)
d.Transaction data represent entities such as customers and vendors.
e.Transaction data define the structure of an enterprise.

56. The three layers of the “three-tier client-server architecture” are the
presentation layer, windows layer, and data layer.
A. True
B. False (Đ)

57. Which of the following SAP systems are used to support inter-company
processes? (2 correct answers)
a.SAP ERP
b.SAP Netweaver
c.SAP BI
d.SAP SCM(Đ)

e.SAP CRM(Đ)

58. Transaction data reflect the consequences of executing process steps.

A. True (Đ)
B. False

59. The material master is the most commonly used organizational data in
an enterprise.
A. True
B. False (Đ)

60. A three-tier architecture includes which of the following components?

a.Network layer
b.Data layer(Đ)
c.Presentation layer(Đ)
d.Application layer(Đ)
e.Operating system layer

61. Which of the following are examples of work lists?

a.Picking list(Đ)
b.Delivery due list(Đ)
c.Billing due list(Đ)
d.List of customers
e.List of documents

62. Materials that are created by the production process from other
materials are referred to as _____________
a.Raw Materials
b.Trading Goods (HAWA)
c.Finished Goods (FERT)(Đ)
d.Semi-finished Goods (HALB)
e.None of the above
63. Reporting is a general term for the methods a user can utilize to update
data in the ERP system to execute process steps.
A. True
B. False (Đ)

64. Which of the following statements concerning SAP NetWeaver are

true?
a.It helps companies integrate with other non-SAP applications.(Đ)
b.It enables companies to plug in independent software vendor (ISV)
applications on top of their core ERP and suite applications.(Đ)
c.It serves as the application platform on which the SAP Business Suite runs.
(Đ)
d.It deals exclusively with processes that are executed within a company.
65. Raw materials (ROH) are purchased from an external source ‐ a
vendor‐ and used in the production process.
A. True (Đ)
B .False

66 .Which of the following systems helps companies administer the

processes of research, design, and product management?
a.Customer Relationship Management (CRM)
b.Product Lifecycle Management (PLM)(Đ)
c.Enterprise Solution
d.Application Platform
e.None of the above

67. Which of the following identify tasks that are scheduled to be

completed in a process?
a.Parameters
b.Online Lists
c.Work Lists(Đ)
d.Period definitions
e.Information Structures

68. Which of the following statements regarding master data are true?
a.Master data define the structure of an enterprise.
b.Master data are constantly changing.
c.Master data change infrequently.
d.Master data are a consequence of the execution of process steps.(Đ)
e.Master data represent entities such as customers and vendors.(Đ)

69. Service-oriented architecture (SOA) is the fundamental concept behind

systems connecting through standardized interfaces called Web services.
A. True (Đ)
B. False

70. The material master includes a large amount of data because it is used
in numerous processes.
A. True (Đ)
B. False

71 .What type of materials is purchased from a vendor?

a.None of the above
b.Finished Goods (FERT)
c.Trading Goods(Đ)
d.Semi-finished Goods (HALB)
e.Material Types
 CHƯƠNG 3
1. Pre-sales activity is often triggered by a communication from a
customer such as a purchase order.
A. True
B. False (Đ)

2. Customer master data include data needed to conduct business with

customers and to execute transactions that are related specifically to the
fulfillment process.
A. True (Đ)
B. False

3. Sales plant data include details on how the material will be shipped from
the plant.
A. True (Đ)
B. False

4. All of the following are key organizational elements in the fulfillment

process except
a.Sales area
b.Client
c.Plant
d.Company code
e.Warehouse(Đ)

5. Which master data do companies use to determine the prices of their

products?
a.Wholesale price
b.Pricing conditions(Đ)
c.Selling price
d.Price comparison
e.Tax allowances

6. Which of the following is not taken into consideration when determining

a customer's credit exposure?
a.current purchase orders(Đ)
b.An invoice
c.open invoices
d.open orders
e.scheduled deliveries

7. Which of the following are the typical distribution channels?

a.Retail(Đ)
b.Warehouse
c.Online(Đ)
d.Wholesale(Đ)
e.Sales area

8. Which of the following statements regarding work lists are true?

a.They contain a list of orders that are scheduled to be shipped by a specific
date.(Đ)
b.They identify tasks that are ready for completion.(Đ)
c.
d.They consist of standard and rigid analyses
e.They generate lists of documents associated with specific master data.

9. Which of the following is NOT a typical characteristic of a wholesale

channel?
a.It may designate a specific plant or plants from which deliveries are made.
b.It requires a minimum volume of purchase.
c.It offers volume discounts.
d.It distributes goods directly to consumers.(Đ)
e.It does not include sales taxes in calculating prices in the US.

10. What is the final step in the fulfillment process?

a.Delivery of goods to the customer
b.Receipt of goods from a vendor
c.Receipt of payment from the customer(Đ)
d.Receipt of a customer purchase order
e.Picking goods for shipment

11. Which of the following are characteristics of a wholesale channel?

a.It offers volume discounts(Đ)
b.It does not include sales taxes in calculating prices(Đ)
c.It distributes directly to consumers
d.It may designate a specific plant or plants from which deliveries are made(Đ)
e.It requires a minimum volume of purchase(Đ)

12. The data in the customer master are divided into the following three
segments:
a.General data, accounting data, and shipping area data
b.General data, accounting data, and sales area data(Đ)
c.Client data, accounting data, and sales zone data
d.Plant data, accounting data, and sales area data
e.General data, financial data, and sales zone data

13. A sales area can be assigned to multiple company codes.

A. True
B. False (Đ)

14 .A one–to-many relationship exists between a sales area and plants.

A. True (Đ)
B. False

15. A sales organization must have at least two divisions.

A. True
B. False (Đ)

16. The fulfillment process is integrated with which other processes?

a.Asset management
b.Project systems(Đ)
c.
d.Management accounting(Đ)
e.Production(Đ)

17. All of the following are examples of a shipping point except

a.A storage rack
b.A designated group of employees(Đ)
c.A rail depot
d.A loading dock
e.A mail room

18. A sales area can be assigned to only one company code.

A. True (Đ)
B. False

19. Which reporting options does SAP ERP system support?

a.Online lists
b.All of the above(Đ)
c.Analytics
d.Work lists

20. A shipping point is a location in a plant at which inbound deliveries are

received.
A. True
B. False (Đ)

21 .All of the following are key organizational elements for which material
master data are defined for the fulfillment process except
a.Plant
b.Client
c.Distribution channel
d.Sales organization
e.Shipping point(Đ)
 
22. The fulfillment process acts as a stand-alone process and cannot be
integrated with other processes within an organization.
A. True
B. False (Đ)

23 .In the fulfillment process, a plant is

a.A facility from which the company provides after-sales support.
b.A facility from which the company delivers only services to its customers.
c.A storage area.
d.A facility from which the company delivers products and services to its
customers.(Đ)
e.A manufacturing facility only.

24. Open items are items in the payment step for which payment from the
customer has been received.
A. True
B. False (Đ)

25 . An inquiry is a request for information regarding a potential order

that the customer places with the company.
A. True (Đ)
B. False

26. A plant must have at least one shipping point, which must be physically
located in that plant.
A. True
B. False (Đ)

27. Material master data are grouped into views. Which one of the
following combination of views is relevant to the fulfillment process?
a.Basic data, company data, sales plant data
b.Basic data, sales organization data, sales plant data(Đ)
c.Basic data, sales area data, warehouse data
d.Client data, sales area data, sales plant data
e.Basic data, sales organization data, client data

28. A customer‐material information record is comprised of master data

specific to one customer and one material.
A. True (Đ)
B. False

29 .Which one of the following combinations of organizational elements is

included in the definition of a sales area?
a.Client, plant, division
b.Sales organization, distribution channel, division(Đ)
c.Sales organization, distribution channel, plant
d.Client, distribution channel, division
e.Sales organization, company code, division
30. A customer info record is an intersection of customer data and sales
data.
A. True
B. False (Đ)

31. Information structures are used to generate which of the following?

a.User-defined analysis
b.Standard analysis(Đ)
c.Rigid analysis
d.
e.Flexible analysis(Đ)

32. In the case of products, a plant is typically an office building.

A. True
B. False (Đ)

33 .The fulfillment process is integrated with all of the following processes

except
a.current purchase orders
b.Asset management(Đ)
c.Material planning
d.Procurement
e.Inventory and warehouse management

34. Which action triggers sales order processing in the fulfillment process?
a.Receipt of a customer purchase order(Đ)
b.Receipt of payment from customer
c.Delivery of goods to the customer
d.Picking goods for shipment
e.Receipt of goods from a vendor

35. Which of the following key organizational elements are unique to the
fulfillment process?
a.Credit control area(Đ)
b.Shipping point(Đ)
c.Plant
d.Client
e.Sales area(Đ)
 CHƯƠNG 4
1.  The enterprise-level purchasing organization is the most centralized
model.
A. True (Đ)
B. False

2. A transfer posting changes the stock status of a material and need not
involve a physical movement of goods.
A. True  (Đ)
B. False

3. Which element of the payment step includes selecting a bank?

a.Trigger
b.Data
c.All of the above
d.Task (Đ)
e.Outcome

4. Data for source determination are obtained from:

a.The vendor master record
b.Contracts and agreements (Đ)
c.A purchase order
d.A source list (Đ)
e.Purchase info records (Đ)

5. SAP cannot utilize any media except Web services to communicate a

purchase order to a vendor.
A. True
B. False  (Đ)

6. A storage location is a key organizational element in purchasing.

A. True  (Đ)
B. False

7. A purchasing organization is an individual or a group of individuals

who are responsible for purchasing activities for a material or group of
materials
A. True
B. False  (Đ)

8. A FI document includes a header and an items section.  Which of the

following data are included in the items section?
a.Document currency
b.Document number
c.Account (Đ)
d.Document date
e.Storage location
9. The enterprise‐level purchasing organization is also known as the cross ‐
company code purchasing organization.
A. True  (Đ)
B. False

10. Which one of the following is not one of the data types that are relevant
to the purchasing process?
a.Purchasing info records
b.Conditions
c.Material master
d.Sales master (Đ)
e.Vendor master

11. Which of the following are key documents in purchasing?

a.Purchase order (Đ)
b.Invoice (Đ)
c.CO documents (Đ)
d.Material documents (Đ)
e.Fl documents

12. The data needed to create a purchase requisition are the item category,
quantity, desired delivery date, and desired delivery location or receiving
plant.
A. True  (Đ)
B. False

13. The method used to value material is defined in the material master.
A. True  (Đ)
B. False

14. Accounting data related to a vendor are accessible to all clients in a

company code.
A. True
B. False  (Đ)

15. A purchase order can be created with reference to which of the

following?
a.RFQ (Đ)
b.Purchase order (Đ)
c.Purchase info record
d.Purchase requisition (Đ)
e.Sales order
16. Which steps are involved in converting a purchase requisition into a
purchase order?
a.Outline purchase agreement
b.Storage location
c.Quotation (Đ)
d.Source list
e.Request for quotation (Đ)

17. Storage locations are places within a plant were materials are kept
until they are needed.
A. True  (Đ)
B. False

18. Which of the following data categories are included in a purchasing

info record?
a.Texts (Đ)
b.Material number
c.Discounts (Đ)
d.Vendor address
e.Freight (Đ)

19. Vendor master data include the data needed to conduct business with a
vendor and to execute transactions related to the procurement process.
A. True  (Đ)
B. False

20. Electronic payments are sent automatically.

A. True  (Đ)
B. False

21. Standard reporting tools in the transaction system are used to generate
which of the following?
a.Work lists (Đ)
b.Inventory lists
c.Picking lists
d.
e.Online lists (Đ)

22. Which of the following is a form of invoice verification?

a.Warehouse management
b.Three-way match (Đ)
c.All of the above
d.Inspection lot
e.Quality management
23. Item categories in a purchase order determine the process steps used to
procure materials.
A. True  (Đ)
B. False

24. The key data in the purchasing view of the material master are
a.The purchasing group, the material master, and the delivery tolerances
b.The purchasing group, the goods receipt processing time, and the delivery
tolerances  (Đ)
c.The purchasing organization, the goods receipt processing time, and the
delivery tolerances
d.The purchasing group, the invoice, and the delivery tolerances
e.The price, the storage location, and the delivery date

25. Which of the following are master data that are related to the
purchasing process?
a.Material master (Đ)
b.Vendor info records (Đ)
c.Vendor master (Đ)
d.Customer master
e.Purchasing organization

26. A purchasing organization is involved in all of the following operations

except
a.Negotiating pricing with vendors
b.
c.Negotiating contracts and agreements
d.Determining storage locations within the plant (Đ)
e.Evaluating and identifying vendors

27. Materials that are acquired to be used within the organization are
referred to as
a.None of the above
b.Consumable materials (Đ)
c.Transfer materials
d.Stock materials
e.Vendor materials

28. Accounting data related to a vendor are accessible to all clients in a

company code.
A. True
B. False  (Đ)

29 .Which of the following statements about purchasing organizations are

correct?
a.They identify a buyer or a group of buyers
b.They negotiate conditions of purchase with vendors (Đ)
c.They can purchase for multiple plants, but they must be within the same
company code
d.They can purchase for multiple plants (Đ)
e.They can purchase only for one company

30. Data from which of the following sources are automatically included in
a purchase order?
a.Material master (Đ)
b.Vendor info record
c.Purchasing organization
d.Vendor master (Đ)
e.Purchasing info record (Đ)

31. Which of the following organizational data are required when creating
a purchase order?
a.RFQ (Đ)
b.Quotation (Đ)
c.Purchase Requisition (Đ)
d.User input
e.Purchase order (Đ)

32. Different material types have different required material views.

A. True  (Đ)
B. False

33. A transfer posting does not generate a material document.

A. True
B. False  (Đ)

34. Materials ordered in multiple purchase orders must be delivered in

multiple shipments.
A. True
B. False  (Đ)

35. Which of the following tasks are performed during the payment step?
a.Updating master data
b.Selecting invoice items (Đ)
c.Selecting method of payment (Đ)
d.Verifying an  invoice
e.Calculating the payment amount (Đ)

36. A purchasing info record is an intersection or combination of material

and accounting data.
A. True
B. False  (Đ)
37. The company-level purchasing organization is the most centralized
model.
A. True
B. False  (Đ)

38. Which of the following is an intersection or combination of material

data and vendor data?
a.Stock transfer
b.Purchasing info record (Đ)
c.Condition type
d.Search term
e.Third-party order

39. Which of the following are organizational elements in purchasing?

a.Shipping point
b.Materials
c.Plant (Đ)
d.Vendors
e.Company code (Đ)

40. To complete a vendor payment, which of the following types of data

must be included on the vendor master?
a.Amount
b.Payment address (Đ)
c.Payment method (Đ)
d.Payment terms (Đ)
e.Date

41. What is a storage location?

a.The place where raw materials are received
b.The place within a plant where finished goods are kept for sale
c.The place where materials are collected for staging and inspection
d.The place within a plant where machines are installed for production
purposes
e.The place within a plant where materials are kept until they are needed (Đ)

42. Which of the following are material types?

a.Non-valuated material (Đ)
b.Consignment material
c.Packaging (Đ)
d.Raw material (Đ)
e.Consumable material (Đ)

43. Which item category would you use to have your vendor ship goods
directly to your
customer?
a.Standard
b.Stock transfer
c.Consignment
d.Third-party (Đ)
e.Transfer posting

44. When purchasing consumable materials, an account assignment

category and specific account assignment objects must be provided when
the purchase order is created.
A. True  (Đ)
B. False

45. Typically, there are three models of purchasing organizations:

enterprise-level, company-level, and plant-level.
A. True  (Đ)
B. False

46. Which of the following goods movements need not involve a physical

movement of materials?
a.None of the above (all involve physical movement of materials)
b.Goods receipt
c.Goods issue
d.Transfer posting (Đ)
e.Stock transfer

47. Which of the following account assignment categories is used when the
company acquires a fixed asset?
a.Cost center
b.Project
c.Sales order
d.Asset (Đ)
e.Order

48. A transfer posting is used to move materials from one storage location
to another.
A. True
B. False  (Đ)

49. The header section of a purchase order contains information such as

purchase order number, vendor, currency, dates, and payment terms.
A. True  (Đ)
B. False

50. Invoice verification authorizes payment of the invoice to the vendor.

A. True  (Đ)
B. False

51. A purchasing group is an individual or a group of individuals who are

responsible for all of the following except
a.Planning for material requirements
b.Creating and monitoring purchase orders
c.Creating purchase requisitions
d.Negotiating contracts and agreements (Đ)
e.Requesting quotations from vendors

52. Material master data can be defined differently for different

organizational levels.
A. True  (Đ)
B. False

53. A goods movement is a transaction that causes a change in stock value

or status.
A. True  (Đ)
B. False

54. The material master is updated after the invoice verification step of the
procurement process has been completed.
A. True  (Đ)
B. False

55. A purchasing group is an internal group that is responsible for

executing the procurement process.
A. True
B. False  (Đ)

56. Data in the vendor master are grouped into which three segments?
a.General data, accounting data, and purchasing data (Đ)
b.General data, storage data, and inventory data
c.General data, storage data, and purchasing data
d.Storage data, accounting data, and pricing data
e.Storage data, accounting data, and purchasing data

57. Which item is included in the header of a purchase order?

a.Vendor (Đ)
b.None of the above
c.Price
d.Delivery date
e.Order quantity

58. There can only be one storage location within a plant.

A. True
B. False  (Đ)

59. Which one of the following is not a type of organizational data that is
utilized in the procurement process?
a.Manufacturing Plant (Đ)
b.Company Code
c.Storage Location
d.Client
e.Purchasing Organization

60. Which of the following are account assignment categories?

a.Order (Đ)
b.Project (Đ)
c.Asset (Đ)
d.Cost center (Đ)
e.Sales order (Đ)

61. Payments must be made automatically through a payment program.

A. True
B. False  (Đ)

62. Which of the following facilitates the integration between vendor

master data and financial accounting?
a.Accounts receivable number
b.Reconciliation account (Đ)
c.Accounts payable number
d.Vendor account number
e.Material number

63. Which element of a purchase order includes communicating with the

vendor?
a.Data
b.None of the above
c.Trigger
d.Outcome (Đ)
e.Task

64. Which organizational processes interact with procurement?

a.Financial accounting (Đ)
b.Project management (Đ)
c.Material planning (Đ)
d.Management accounting (Đ)
e.Fulfillment (sales) (Đ)

65. SAP can utilize which of the following media to communicate with a
vendor?
a.Fax
b.All of the above (Đ)
c.Print
d.EDI
e.Web services

66. Which one of the following is not a model of the purchasing

organization?
a.Cross-plant
b.Company level
c.Client level (Đ)
d.Plant level
e.Enterprise level

67 .Which of the following is(are) a form of data within the goods receipt
step?
a.Quantity delivered
b.Material ordered
c.Quantity delivered
d.Storage location
e.All of the above (Đ)

68 .SAP can utilize which of the following forms of media to communicate

with a vendor?
a.Print (Đ)
b.E-mail (Đ)
c.Fax (Đ)
d.EDI (Đ)
e.Web services (Đ)

69. Which of the following organizational data are required when creating
a purchase requisition?
a.Purchasing organization (Đ)
b.Purchasing group (Đ)
c.Storage location
d.Sales organization
e.Company code (Đ)

70. A plant can belong to more than one company code.

A. True
B. False  (Đ)

71. Which of the following documents are required for the invoice
verification step of the procurement process?
a.Purchase requisition
b.Material document (Đ)
c.Purchase order (Đ)
d.Vendor invoice (Đ)
e.Material master

72. A purchase order can be sent to which of the following?

a.A vendor (Đ)
b.A plant (Đ)
c.A purchasing group
d.A customer
e.A purchasing organization

73. A plant-to-plant movement of goods does not generate an accounting

document.
A. True
B. False  (Đ)

74. Purchasing data related to a vendor are accessible to all purchasing

organizations.
A. True
B. False  (Đ)

75. The most decentralized model of purchasing organizations is the plant‐

specific purchasing organization
A. True  (Đ)
B. False

76. Which of the following statements about storage locations are true?
a.A plant can have more than one storage location (Đ)
b.A client can have more than one storage location (Đ)
c.A storage location can hold only materials with a stock status of unrestricted
use
d.A storage location can be assigned to more than one plant (Đ)
e.A storage location must be assigned to a plant

77. Which transaction documents are included in a purchase order?

a.Quotation (Đ)
b.RFQ (Đ)
c.Vendor
d.Conditions
e.Requisition (Đ)

78. Which of the following are methods of valuing materials?

a.Standard price (Đ)
b.Actual price
c.Selling price
d.Moving (average) price (Đ)
e.Purchasing price

79. Purchasing information systems are a component of which system?

a. Financial information systems
b.Accounts receivable number
c.Human resource information systems
d.Business intelligence systems
e.Logistics information systems (Đ)

80. What are the key stock types (statuses) utilized in purchasing, based on
usability of materials?
a.Stock on order
b.Unrestricted use (Đ)
c.Stock in storage
d.Blocked stock (Đ)
e.Stock in transit (Đ)

81. Which of the following document types is not utilized during the

Purchasing process?
a.CO documents
b.Fl documents
c.Invoice
d.Picking document (Đ)
e.Material documents

82. General data related to a vendor are accessible to all company codes in
a client.
A. True  (Đ)
B. False

83. A company can use which of the following to select a vendor from a list
of potential
suppliers ?
a.Vendor master
b.Company code
c.Source list (Đ)
d.None of the above
e.Material master

84. The primary task of the order processing step is to create and send the
purchase order to the vendor.
A. True  (Đ)
B. False

85. Which of the following data are needed for invoice verification?
a.Invoice (Đ)
b.User input (Đ)
c.Company code
d.Material document (Đ)
e.Purchase requisition (Đ)

86. A goods receipt cannot be accomplished without a movement type.

A. True (Đ)
B. False

87. A requisition represents a legal obligation to make the purchase.

A. True
B. False (Đ)

88. General data in a vendor master contain all of the following except:
a.Address
b.Payment terms and methods (Đ)
c.Communication
d.Search term
e.Name

89. Consumable materials are acquired to be used within an organization.

A. True  (Đ)
B. False

90. Material documents consist of a header and an items section.  Which of the
following are included in the items section?
a.Document date
b.Movement type (Đ)
c.Material number (Đ)
d.Document number
e.Storage location (Đ)

91. Which of the following are organizational elements in purchasing?

a.Sales organization
b.Storage location(Đ)
c.Purchasing area
d.Vendor
e.Plant (Đ)

92. Materials designated as __________  can be withdrawn only for

sampling or for scrap.
a.Purchase info record
b.In-quality inspection(Đ)
c.Material document
d.Goods movement
e.Blocked stock(Đ)
93. Which organizational element(s) control(s) the entry of accounting
data in the vendor master?
a.Client
b.Client and Purchasing Organization
c.Client and Company Code (Đ)
d.Purchasing organization
e.Company Code
 CHƯƠNG 5
1. Reporting in financial accounting is broadly divided into which of the
following two categories?
a.Automatic posting of accounts
b.Posting goods issue
c.Generating financial statements (Đ)
d.Recording transactions
e.Displaying account information (Đ)

2. Tangible assets can include which of the following?

a.Bonds
b.Computers (Đ)
c.Real Estate (Đ)
d.Production Machinery (Đ)
e.Mortgage

3 .Which of the following is used to report data needed to meet legal and
regulatory requirements?
a.Financial statement(Đ)
b.None of the above
c.Tangible document
d.Assets (Đ)
e.Equity

4. Which attributes are present in the FI document header?

a.Document type (Đ)
b.Posting key
c.Currency (Đ)
d.Amount
e.Posting date (Đ)

5. A segment is a division of an enterprise for which management monitors

performance separately from other segments.
A. True (Đ)
B. False

6. Which of the following statements regarding reconciliation accounts

are not true?
a.Data are automatically posted into them after they are posted to the
corresponding sub-ledger
b.Data are posted directly into them (Đ)
c.The reconciliation account includes the sum of the postings of the sub-ledgers
d.None of the above
7. Financial accounting (Fl) is concerned with recording the financial
impacts of business processes as they are executed.
A. True (Đ)
B. False

8. When does a credit take place?

a.When revenue and liabilities decrease
b.When assets and expenses increase
c.When assets and expenses decrease(Đ)
d.When revenue and liabilities increase (Đ)

9. The general ledger is used to record the financial impacts of business

process steps.
A. True (Đ)
B. False

10. Parallel accounting consists of implementing multiple ledgers and

using each ledger for different purposes.
A. True (Đ)
B. False

11. Which term refers to an ordered listing of accounts that comprise a

company’s general ledger?
a.None of the above
b.General ledger
c.Balance sheet
d.Bank ledger
e.Chart of accounts (COA) (Đ)

12. In accounts payable, which general ledger accounts are affected?

a.Vendor
b.Supplies expense (Đ)
c.Accounts payable reconciliation (Đ)
d.Bank (Đ)

13. Which term represents the costs associated with creating and selling
products and services?
a.None of the above
b.Expenses (Đ)
c.Liabilities
d.Equity
e.Liabilities

14. Which of the following is a key process in financial accounting?

a.Accounts receivable accounting (Đ)
b.Credit management
c.Sales order processing
d.All of the above
e.Income verification

15. All of the following are transaction types that occur during the life of
an asset except ___________ .
a.Acquisition
b.Allocation (Đ)
c.Depreciation
d.Retirement

16. The COA segment of the COA data includes which of the following?
a.Account number (Đ)
b.Short text
c.Account group (Đ)
d.
e.Account currency

17. A chart of accounts (COA) is an ordered listing of accounts that

comprise a company’s general ledger.
A. True (Đ)
B. False

18. Which term represents the monies a company earns by selling its
products and services?
a.Equity
b.Expenses
c.Revenues (Đ)
d.Assets
e.Liabilities

19. Accounting processes are broadly divided into two main categories: 
financial accounting and management accounting.
A. True (Đ)
B. False

20. Which type of asset has a physical form?

a.Informal asset
b.Intangible asset
c.Tangible asset (Đ)
d.None of the above
e.Master asset

21. Which process is used to manage money owed by customers for goods
and services purchased from the company?
a.All of the above
b.Accounts receivable accounting (Đ)
c.General ledger accounting
d.Fixed asset accounting
e.Bank ledger accounting

22. During the planning phase of a project the scope of the project is
defined and the milestones and deadlines are established.
A. True (Đ)
B. False

23. Which attributes are present in the FI document items?

a.Amount (Đ)
b.Posting date
c.Currency
d.Document type
e.Posting key (Đ)

24. Management accounting, or controlling (CO), is intended primarily for

audiences outside the organization.
A. True
B. False  (Đ)

25. An increase in revenue or liability results in a debit posting.

A. True
B. False (Đ)

26. Account currency determines the currency in which all the

transactions are recorded.
A. True (Đ)
B. False

27. What are the primary ways in which an asset can be acquired?
a.Externally by vendor (Đ)
b.Internally by production (Đ)
c.Internally by inventory tracking
d.Externally without a vendor (Đ)
e.By asset liquidation

28. Which of the following statements concerning the leading ledger are
true?
a.It is a type of sub-ledger
b.
c.Global accounting principles are consolidated into it (Đ)
d.All transaction data are posted to it (Đ)
e.Having a leading ledger is optional
29. What is true about a business area?
a.It is used for external reporting (Đ)
b.It helps management monitor performance (Đ)
c.It is a internal division of an enterprise (Đ)
d.It is associated with one company code

30. Which of the following is used to implement multiple ledgers and use
each ledger for different purposes?
a.None of the above
b.Sub-ledger
c.Financial accounting document
d.Subsidiary ledger
e.Parallel accounting (Đ)

31. Financial statements can be generated from which of the following?

a.Neither operative nor country-specific COAs
b.Operative COA
c.Both operative and country-specific COAs (Đ)
d.Country-specific COA

32. Which of the following is not a mode of acquiring an asset for a

company?
a.Acquiring internally via the production process
b.Acquire from a vendor without using the purchasing process
c.Acquire from a vendor using the purchasing process
d.Acquiring without a vendor
e.Selling equipment (Đ)

33. Balance sheet accounts are grouped into:

a.Equity (Đ)
b.Revenue
c.Assets (Đ)
d.Liabilities (Đ)

34. A plant can be used to represent which of the following?

a.A factory (Đ)
b.A storage facility (warehouse, DC) (Đ)
c.An office (Đ)
d.A company vehicle
e.A legal entity

35. In accounts receivable, which general ledger accounts are affected?

a.Accounts receivable reconciliation (Đ)
b.Sales revenue (Đ)
c.Bank (Đ)
d.Supplies expense
36. Balance sheet accounts are grouped into which of the following
categories?
a.Liabilities (Đ)
b.Revenue
c.Expenses
d.Assets (Đ)
e.Equity (Đ)

37 .Within accounts receivable accounting, when a payment is made the

bank account is debited and the appropriate customer account is credited.
A. True (Đ)
B. False

38. Financial accounting is affected any time money either leaves or comes
into the company.
A. True (Đ)
B. False

39. Tangible assets are non-physical items such as trademarks and patents.
A. True
B. False (Đ)

40. Which type of asset has a non-physical form?

a.Informal asset
b.Intangible asset (Đ)
c.Master asset
d.Tangible asset
e.None of the above

41. Accounts payable accounting is concerned with vendors.

A. True (Đ)
B. False

42. Which of the following are types of chart of accounts?

a.Group COA (Đ)
b.Active COA
c.Country specific COA (Đ)
d.
e.Operative COA (Đ)

43. The balance sheet is a snapshot of the organization at a point in time.

A. True (Đ)
B. False

44. An organization can possess which of the following types of assets?

a.Economic
b.Intangible (Đ)
c.Virtual
d.Tangible (Đ)
e.Financial (Đ)

45. What does the COA data include?

a.Company code segment (Đ)
b.Storage location segment
c.Client segment (Đ)
d.
e.Plant segment

46. Which of the following records the impact of a transaction step on

financial accounting?
a.None of the above
b.Financial accounting document (Đ)
c.Subsidiary ledger
d.Sub-ledger
e.Parallel accounting document

47. What are the most common transaction types that occur during the life
of an asset?
a.Production
b.Allocation
c.Retirement (Đ)
d.Acquisition (Đ)
e.Depreciation (Đ)

48. A cost center:

a.Is associated with locations where costs are incurred (Đ)
b.Is similar to a cost object (Đ)
c.Can be associated with a department (Đ)
d.Absorbs costs (Đ)

49. Accounts payable accounting is not associated with the procurement

process.
A. True
B. False (Đ)

50. Accounts receivable accounting is concerned with customers.

A. True (Đ)
B. False

51. Financial statements can be generated for different organizational

levels including one or more company codes and business areas.
A. True (Đ)
B. False

52. Which term represents what a company owes to others, including

money owed to vendors and loans from financial institutions?
a.Liabilities (Đ)
b.Assets
c.Revenues
d.Equity
e.None of the above

53. ____________ are internal divisions of an enterprise that are used to

define areas of responsibility or to meet the external reporting
requirements of an enterprise segment.
a.Business areas (Đ)
b.Sub-ledgers
c.Cost centers
d.None of the above
e.Depreciation areas

54. Which of the following statements concerning reconciliation accounts

are true?
a.Reconciliation account for customers is accounts receivable (Đ)
b.Reconciliation account for vendors is accounts receivable
c.Reconciliation account for customers is accounts payable
d.Reconciliation account for vendors is accounts payable (Đ)

55. Which term represents what a company owns, such as cash, inventory
of materials, and buildings?
a.Assets (Đ)
b.Liabilities
c.Revenues
d.Equity
e.None of the above

56. Liabilities are what the company owns, such as cash, land, and
A. True
B. False (Đ)

57 . Which of the following does the balance sheet include?

a.Liabilities (Đ)
b.Expenses
c.Revenue
d.Assets (Đ)

58. Which term is a general ledger account that consolidates data from a
group of related sub-ledger accounts?
a.Sub-ledger
b.Line item display
c.Subsidiary ledger
d.Reconciliation account (Đ)
e.None of the above

59. When does a debit take place?

a.When assets and expenses increase (Đ)
b.When revenue and liabilities decrease (Đ)
c.When revenue and liabilities increase
d.When assets and expenses decrease

60. Intangible assets are physical items such as buildings, machinery, and

computers.
A. True 
B. False (Đ)

61. An increase in an asset account or an expense account results in a

credit posting.
A. True
B. False (Đ)

62. Which of the following are common depreciation areas used in the US?
a.Book depreciation (Đ)
b.Legal depreciation (Đ)
c.Physical depreciation
d.Cost accounting depreciation (Đ)
e.Special depreciation (Đ)

63. Which process is concerned with recording data associated with bank
statements?
a.General ledger accounting
b.Fixed asset accounting
c.Accounts receivable accounting
d.All of the above
e.Bank ledger accounting (Đ)

64. Reporting within financial accounting is divided into two categories:

generating financial statements and displaying account information.
A. True (Đ)
B. False

65. Assets are monies the company earns by selling its products and
services.
A. True
B. False  (Đ)
66. ____________ is concerned with recording the financial impacts of
business processes as they are executed.
a.Controlling (CO)
b.Management accounting
c.Bank ledger accounting
d.Financial accounting (Fl) (Đ)
e.None of the above