Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 2 out of 12 pages
Exam (elaborations)

OIM 452 EXAM QUESTIONS AND ANSWERS

Document preview thumbnail
Preview 2 out of 12 pages

OIM 452 EXAM QUESTIONS AND ANSWERS

Content preview

OIM 452 EXAM QUESTIONS AND ANSWERS

1. Which one of the following is not a type of organizational data that is utilized in the
procurement process?
a. Client
b. Company Code
c. Storage Location
d. Purchasing Organization
e. Manufacturing Plant - Answers - Manufacturing Plant

2. What is a storage location?
a. The place where raw materials are received
b. The place within a plant where materials are kept until they are needed
c. The place where materials are collected for staging and inspection
d. The place within a plant where machines are installed for production purposes
e. The place within a plant where finished goods are kept for sale - Answers - The
place within a plant where materials are kept until they are needed

3. Which organizational element(s) control(s) the entry of accounting data in the vendor
master?
a. Purchasing organization
b. Client
c. Company Code
d. Client and Company Code
e. Client and Purchasing Organization - Answers - Client and Company Code

4. A purchasing organization is involved in all of the following operations except
a. Negotiating contracts and agreements
b. Negotiating pricing with vendors
c. Evaluating and identifying vendors
d. Determining storage locations within the plant - Answers - Determining Storage
locations within the plant

5. Which one of the following is not a model of the purchasing organization?
a. Enterprise level
b. Company level
c. Client level
d. Plant level
e. Cross-plant - Answers - Client level

6. A purchasing group is an individual or a group of individuals who are responsible for
all of the following except
a. Creating purchase requisitions
b. Negotiating contracts and agreements
c. Requesting quotations from vendors

, d. Creating and monitoring purchase orders
e. Planning for material requirements - Answers - Negotiating contracts and
agreements

7. Data in the vendor master are grouped into which three segments?
a. General data, storage data, and purchasing data
b. General data, storage data, and inventory data
c. Storage data, accounting data, and purchasing data
d. Storage data, accounting data, and pricing data
e. General data, accounting data, and purchasing data - Answers - General data,
accounting data, and purchasing data

8. General data in a vendor master contain all of the following except:
a. Name
b. Address
c. Communication
d. Payment terms and methods
e. Search term - Answers - Payment Terms and methods

9. Which of the following is an intersection or combination of material data and vendor
data?
a. Condition type
b. Purchasing info record
c. Stock transfer
d. Third-party order
e. Search term - Answers - Purchasing info record

10. Which item category would you use to have your vendor ship goods directly to your
customer?
a. Consignment
b. Third-party
c. Stock transfer
d. Standard
e. Transfer posting - Answers - Third-Party

11. Which of the following goods movements need not involve a physical movement of
materials?
a. Goods receipt
b. Goods issue
c. Stock transfer
d. Transfer posting
e. None of the above (all involve physical movement of materials) - Answers - Transfer
posting

12. Which element of the requirements determination process involves creating the
requisition?

Document information

Uploaded on
July 19, 2025
Number of pages
12
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$14.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
GEEKA
3.8
(360)
Sold
2133
Followers
1447
Items
58250
Last sold
1 week ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions