Reference no: EM131758425

SAP Related Questions, please explain your answer if possible. Thank you

1. It is inappropriate to allow an individual within an organization to have the responsibility of both a recordkeeping duty and an authorization duty.
A. True
B. False

2. The Primary Key contained in the vendor master record is the
A. Vendor name
B. Vendor classification
C. Vendor group
D. Vendor number

3. Goods or material that are purchased for later resale are known as
A. Trade goods
B. Raw Materials
C. Sale goods
D. Finished goods

4. When goods are received into the warehouse, they can be posted to which stock types?
A. Blocked stock
B. Stock in quality inspection
C. Unrestricted-use stock
D. Any of the above stock types

5. Billing a customer for goods shipped is accomplished as part of the
A. Financial accounting module
B. Controlling module
C. MRP module
D. Sales and distribution module

6. The allocation method in which a primary cost is allocated to receiver cost objects is a
A. Allocation
B. Distribution
C. Assessment
D. Primary assignment

7. The allocation method in which a secondary cost is allocated to receiver cost objects is a
A. Allocation
B. Distribution
C. Assessment
D. Primary assignment

8. Which of the following accounts should be reconciled periodically?
A. GR/IR account
B. Accounts Receivable
C. Accounts Payable
D. All of the above