OIM 452 EXAM 1 Questions AND Correct Answers
________ 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. Cost center
B. Depreciation areas
C. Business areas
D. Sub-ledgers
E. None of the above - ✔✔C
________ is concerned with recording the financial
impacts of business processes as they are executed
A. Management Accounting
B. Financial Accounting (FI)
C. Controlling (CO)
D. Bank ledger Accounting
E. None of the above - ✔✔B
,A Stock transfer can involve movements
A. Between storage locations in different plants
B. Between plants in different company codes
C. Between different storage types within the same
storage location
D. Between plants in one company code
E. Between storage locations within one plant - ✔✔A, B,
D, E
A storage type is a division of a warehouse based on the
characteristics of the
A. Weight, width, and type
B. Dimensions and profitability
C. Space, materials, and activity
D. Price, space, and type
E. Usage, price, and dimensions - ✔✔C
, Examples of reference documents for a transfer code
are
A. Transfer requirement
B. Change request
C. Storage location Request
D. Material document
E. Delivery document - ✔✔A, D, E
For which of the following scenarios can storage
location-to-storage location transfer be applied?
A. Materials are wrongly delivered to one plant and
need to be relocated to another plant
B. Materials are transferred from a temporary storage
location in one plant to a permanent storage location in
another plant
C. Materials are moved via a stock transfer between
plants in different company codes
________ 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. Cost center
B. Depreciation areas
C. Business areas
D. Sub-ledgers
E. None of the above - ✔✔C
________ is concerned with recording the financial
impacts of business processes as they are executed
A. Management Accounting
B. Financial Accounting (FI)
C. Controlling (CO)
D. Bank ledger Accounting
E. None of the above - ✔✔B
,A Stock transfer can involve movements
A. Between storage locations in different plants
B. Between plants in different company codes
C. Between different storage types within the same
storage location
D. Between plants in one company code
E. Between storage locations within one plant - ✔✔A, B,
D, E
A storage type is a division of a warehouse based on the
characteristics of the
A. Weight, width, and type
B. Dimensions and profitability
C. Space, materials, and activity
D. Price, space, and type
E. Usage, price, and dimensions - ✔✔C
, Examples of reference documents for a transfer code
are
A. Transfer requirement
B. Change request
C. Storage location Request
D. Material document
E. Delivery document - ✔✔A, D, E
For which of the following scenarios can storage
location-to-storage location transfer be applied?
A. Materials are wrongly delivered to one plant and
need to be relocated to another plant
B. Materials are transferred from a temporary storage
location in one plant to a permanent storage location in
another plant
C. Materials are moved via a stock transfer between
plants in different company codes
