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ERP - Exam 1 - Chapter 4 – MC Questions and Answers 100% Pass

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ERP - Exam 1 - Chapter 4 – MC Questions and Answers 100% Pass 1. Which of the following are organizational elements in purchasing? a. Shipping point b. Company code c. Vendors d. Materials e. Plant - ANS Answer: b, e 2. Which of the following statements about storage locations are true? a. A storage location must be assigned to a plant b. A storage location can be assigned to more than one plant c. A client can have more than one storage location d. A plant can have more than one storage location e. A storage location can hold only materials with a stock status of unrestricted use - ANS Answer: a, c, d 3. Which of the following are organizational elements in purchasing? a. Sales organization b. Purchasing area ©FYNDLAY 2025 ALL RIGHTS RESERVED ©FYNDLAY 2 c. Plant d. Vendor e. Storage location - ANS Answer: c, e 4. Which of the following statements about purchasing organizations are correct? a. They negotiate conditions of purchase with vendors b. They can purchase only for one company c. They can purchase for multiple plants d. They can purchase for multiple plants but they must be within the same company code e. They identify a buyer or a group of buyers, - ANS Answer: a, c 5. A purchase order can be sent to which of the following? a. A vendor b. A customer c. A plant d. A purchasing organization e. A purchasing group - ANS Answer: a, c 6. Data for source determination are

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©FYNDLAY 2025 ALL RIGHTS RESERVED




ERP - Exam 1 - Chapter 4 – MC Questions
and Answers 100% Pass



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


a. Shipping point
b. Company code
c. Vendors
d. Materials

e. Plant - ANS Answer: b, e


2. Which of the following statements about storage locations are true?


a. A storage location must be assigned to a plant
b. A storage location can be assigned to more than one plant
c. A client can have more than one storage location
d. A plant can have more than one storage location
e. A storage location can hold only materials with a stock status of unrestricted use -
ANS Answer: a, c, d


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


a. Sales organization
b. Purchasing area

©FYNDLAY 1

, ©FYNDLAY 2025 ALL RIGHTS RESERVED


c. Plant
d. Vendor

e. Storage location - ANS Answer: c, e


4. Which of the following statements about purchasing organizations are correct?


a. They negotiate conditions of purchase with vendors
b. They can purchase only for one company
c. They can purchase for multiple plants
d. They can purchase for multiple plants
but they must be within the same company code

e. They identify a buyer or a group of buyers, - ANS Answer: a, c


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


a. A vendor
b. A customer
c. A plant
d. A purchasing organization

e. A purchasing group - ANS Answer: a, c


6. Data for source determination are obtained from:


a. A purchase order
b. Purchase info records
c. A source list
d. Contracts and agreements

e. The vendor master record - ANS Answer: b, c, d

©FYNDLAY 2

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