BUS 301 Final Exam UPDATED
QUESTIONS AND CORRECT ANSWERS
[EXAM 1] Data integrity refers to the accuracy and consistency of date over its lifecycle.
Why does this matter? - CORRECT ANSWER Garbage in, garbage out
Finished goods are which of the following? - CORRECT ANSWER Materials
manufactured by a company
Any organized system for the collection, organization, storage, and communication of
information is which of the following? - CORRECT ANSWER An information system
Storage location is the organization level within a plant where ____ - CORRECT
ANSWER the quality of material is tracked
What is an ERP system? - CORRECT ANSWER Provides the/an organization with the
ability to integrate most, if not all, of the functional areas of an organization in a single
database
When a material is moved into inventory, either through purchasing or as an output from
manufacturing, the process is referred to as which of the following? - CORRECT
ANSWER Goods receipt
Successful companies have strategy, goals, and measurements that are which of the
following? - CORRECT ANSWER Aligned
Trading goods, raw materials, and finished goods are all examples of which of the following
business type? - CORRECT ANSWER Material type
We create master data by completing the required views. When we want to add a new view to
an existing master data record which of the following is performed? - CORRECT
ANSWER Extend the record
,Which of the following would be a good option to automate in business? - CORRECT
ANSWER Business processes that are structured and do not require human judgement
to make a decision
Linking applications within an organization in order to simplify and automate business
processes through the sharing of data is an example of which of the following? - CORRECT
ANSWER Integration
The largest ERP software company is which of the following? - CORRECT
ANSWER SAP
Efficiency is best described as: - CORRECT ANSWER how well a company executes
a standard process
The materials that we store in inventory that are used as an input to the manufacturing
process are referred to as? - CORRECT ANSWER Raw materials
Transactional data can also be viewed as which of the following? - CORRECT
ANSWER History of what has been done
Transactional data captures the details of business activities. The transactional data are
elements of date, time, who entered the info and the specific event number. What else must be
included in a business transaction? - CORRECT ANSWER Both relevant master data
and relevant organization structure data
Configuration is which of the following? - CORRECT ANSWER Tasks associated with
the setup of a company's specific business rules and processes
SAP inventory management relies on the organizational data. Which levels are required for
inventory management? - CORRECT ANSWER Plant/storage location levels
, What contains all the information a company needs to manage a material? It contains
descriptions of the materials a company procures, produces, and stores. - CORRECT
ANSWER Material master record
The SAP system asserts business structure and dictates the behavior of the business. Which of
the following represents what we call these controls? - CORRECT ANSWER Business
rules
The term "functional silos" can be designed as an organization which: - CORRECT
ANSWER is managed as several standalone business functions
When searching for master data in the exercises, what field can you enter in you number to
filter on only your data? - CORRECT ANSWER Search term
A business must consider how they consume a material, who consumes it, where is comes
from, and if they sell it. These characteristics of a material are defined where? - CORRECT
ANSWER Material type
Effectiveness is best described as: - CORRECT ANSWER how well a process supports
the organizational goals of a company
There are 3 basic kinds of data used in this course. Which one is NOT one of the 3? -
CORRECT ANSWER Market data
SAP requires a structure that represents the enterprise. This structure defines various levels in
an organization. These structures subdivide the various organizational unites that, for legal or
business reasons, group items together. What do we call this structure? - CORRECT
ANSWER Organizational structure
There is time during processes when latency happens. Good or bad? - CORRECT
ANSWER Bad - latency is a time when nothing happens
QUESTIONS AND CORRECT ANSWERS
[EXAM 1] Data integrity refers to the accuracy and consistency of date over its lifecycle.
Why does this matter? - CORRECT ANSWER Garbage in, garbage out
Finished goods are which of the following? - CORRECT ANSWER Materials
manufactured by a company
Any organized system for the collection, organization, storage, and communication of
information is which of the following? - CORRECT ANSWER An information system
Storage location is the organization level within a plant where ____ - CORRECT
ANSWER the quality of material is tracked
What is an ERP system? - CORRECT ANSWER Provides the/an organization with the
ability to integrate most, if not all, of the functional areas of an organization in a single
database
When a material is moved into inventory, either through purchasing or as an output from
manufacturing, the process is referred to as which of the following? - CORRECT
ANSWER Goods receipt
Successful companies have strategy, goals, and measurements that are which of the
following? - CORRECT ANSWER Aligned
Trading goods, raw materials, and finished goods are all examples of which of the following
business type? - CORRECT ANSWER Material type
We create master data by completing the required views. When we want to add a new view to
an existing master data record which of the following is performed? - CORRECT
ANSWER Extend the record
,Which of the following would be a good option to automate in business? - CORRECT
ANSWER Business processes that are structured and do not require human judgement
to make a decision
Linking applications within an organization in order to simplify and automate business
processes through the sharing of data is an example of which of the following? - CORRECT
ANSWER Integration
The largest ERP software company is which of the following? - CORRECT
ANSWER SAP
Efficiency is best described as: - CORRECT ANSWER how well a company executes
a standard process
The materials that we store in inventory that are used as an input to the manufacturing
process are referred to as? - CORRECT ANSWER Raw materials
Transactional data can also be viewed as which of the following? - CORRECT
ANSWER History of what has been done
Transactional data captures the details of business activities. The transactional data are
elements of date, time, who entered the info and the specific event number. What else must be
included in a business transaction? - CORRECT ANSWER Both relevant master data
and relevant organization structure data
Configuration is which of the following? - CORRECT ANSWER Tasks associated with
the setup of a company's specific business rules and processes
SAP inventory management relies on the organizational data. Which levels are required for
inventory management? - CORRECT ANSWER Plant/storage location levels
, What contains all the information a company needs to manage a material? It contains
descriptions of the materials a company procures, produces, and stores. - CORRECT
ANSWER Material master record
The SAP system asserts business structure and dictates the behavior of the business. Which of
the following represents what we call these controls? - CORRECT ANSWER Business
rules
The term "functional silos" can be designed as an organization which: - CORRECT
ANSWER is managed as several standalone business functions
When searching for master data in the exercises, what field can you enter in you number to
filter on only your data? - CORRECT ANSWER Search term
A business must consider how they consume a material, who consumes it, where is comes
from, and if they sell it. These characteristics of a material are defined where? - CORRECT
ANSWER Material type
Effectiveness is best described as: - CORRECT ANSWER how well a process supports
the organizational goals of a company
There are 3 basic kinds of data used in this course. Which one is NOT one of the 3? -
CORRECT ANSWER Market data
SAP requires a structure that represents the enterprise. This structure defines various levels in
an organization. These structures subdivide the various organizational unites that, for legal or
business reasons, group items together. What do we call this structure? - CORRECT
ANSWER Organizational structure
There is time during processes when latency happens. Good or bad? - CORRECT
ANSWER Bad - latency is a time when nothing happens
