MISY 5340 TEST PAPER ANSWERS AND QUESTIONS
SET A+
✔✔Payment - ✔✔data- payment documents, bank statements
tasks- record customer payment, apply against open invoice
outcomes- accounts receivable cleared; cash increases
✔✔Credit Management Process - ✔✔ensures customers do not exceed their credit
limits.
Automatic credit check occurs during sales order processing
Integrated with FI (financial accounting)
✔✔Integration with Other Processes - ✔✔Procurement- ensures enough stock is
available
Production- may trigger manufacturing is stock is low
Finanial Accounting (FI)- records revenue, A/R, cash
Management Accounting (CO)- track profitability
Inventory Management- adjusts stock levels when goods are shipped.
✔✔Reporting (fulfillment process) - ✔✔Document Flow
Work Lists
Online Lists
Analytics
✔✔Document Flow (fulfillment process) - ✔✔Displays all docs associated with the
completed steps in a single customer inquiry or order.
✔✔Inquiry - ✔✔Request for information regarding a potential order a customer might
place.
✔✔General Data - ✔✔Defined at client level, valid for all of a client sales area and
company codes.
ex: customer/vendor name, address, account number, contact information
, ✔✔Work Lists (fulfillment process) - ✔✔Tasks to complete (orders to process, deliveries
to ship).
✔✔Online Lists (fulfillment process) - ✔✔Real time transaction reports
✔✔Analytics (fulfillment process) - ✔✔Advanced reporting (sales performance,
customer trends, credit exposure).
✔✔Organizational Data (procurement process) - ✔✔Storage location
Purchasing organization
Purchasing group
✔✔Storage Location - ✔✔Where materials are physically stored within a plant.
✔✔Purchasing Organization - ✔✔Unit responsible for purchasing (negotiates with
vendors).
✔✔Purchasing Group - ✔✔Individual or team that executes purchasing activities.
✔✔Master Data (procurement process) - ✔✔Material master
Purchasing data
Plant/storage data
Vendor master
Purchasing info records
Conditions
✔✔Material Master - ✔✔Data on materials being purchased (purchasing, accounting,
storage).
✔✔Purchasing data - ✔✔Order unit, purchasing group, vendor-specific details.
✔✔Plant/Storage data - ✔✔Storage requirements, temperature, handling.
✔✔Vendor Master - ✔✔Data on suppliers (general, accounting, purchasing).
✔✔Purchasing info Records - ✔✔Link between vendor and material (past prices, lead
times).
✔✔Conditions - ✔✔Pricing agreements (discounts, freight, surcharges).
✔✔Procurement (key concepts) - ✔✔Item categories
Account determination
Stock type/status
Goods movement
SET A+
✔✔Payment - ✔✔data- payment documents, bank statements
tasks- record customer payment, apply against open invoice
outcomes- accounts receivable cleared; cash increases
✔✔Credit Management Process - ✔✔ensures customers do not exceed their credit
limits.
Automatic credit check occurs during sales order processing
Integrated with FI (financial accounting)
✔✔Integration with Other Processes - ✔✔Procurement- ensures enough stock is
available
Production- may trigger manufacturing is stock is low
Finanial Accounting (FI)- records revenue, A/R, cash
Management Accounting (CO)- track profitability
Inventory Management- adjusts stock levels when goods are shipped.
✔✔Reporting (fulfillment process) - ✔✔Document Flow
Work Lists
Online Lists
Analytics
✔✔Document Flow (fulfillment process) - ✔✔Displays all docs associated with the
completed steps in a single customer inquiry or order.
✔✔Inquiry - ✔✔Request for information regarding a potential order a customer might
place.
✔✔General Data - ✔✔Defined at client level, valid for all of a client sales area and
company codes.
ex: customer/vendor name, address, account number, contact information
, ✔✔Work Lists (fulfillment process) - ✔✔Tasks to complete (orders to process, deliveries
to ship).
✔✔Online Lists (fulfillment process) - ✔✔Real time transaction reports
✔✔Analytics (fulfillment process) - ✔✔Advanced reporting (sales performance,
customer trends, credit exposure).
✔✔Organizational Data (procurement process) - ✔✔Storage location
Purchasing organization
Purchasing group
✔✔Storage Location - ✔✔Where materials are physically stored within a plant.
✔✔Purchasing Organization - ✔✔Unit responsible for purchasing (negotiates with
vendors).
✔✔Purchasing Group - ✔✔Individual or team that executes purchasing activities.
✔✔Master Data (procurement process) - ✔✔Material master
Purchasing data
Plant/storage data
Vendor master
Purchasing info records
Conditions
✔✔Material Master - ✔✔Data on materials being purchased (purchasing, accounting,
storage).
✔✔Purchasing data - ✔✔Order unit, purchasing group, vendor-specific details.
✔✔Plant/Storage data - ✔✔Storage requirements, temperature, handling.
✔✔Vendor Master - ✔✔Data on suppliers (general, accounting, purchasing).
✔✔Purchasing info Records - ✔✔Link between vendor and material (past prices, lead
times).
✔✔Conditions - ✔✔Pricing agreements (discounts, freight, surcharges).
✔✔Procurement (key concepts) - ✔✔Item categories
Account determination
Stock type/status
Goods movement
