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NetSuite ERP Consultant Exam Finals Actual Exam Solved Combined Questions With Revised Correct Detailed Answers >>Latest Update>>

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NetSuite ERP Consultant Exam Finals Actual Exam Solved Combined Questions With Revised Correct Detailed Answers >>Latest Update>> 1. The order of the steps in the SAP R/3 production planning process are: a. Sales Forecasting, Demand Management, Sales and Operations Plann...

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NetSuite ERP Consultant Exam
Finals Actual Exam Solved
NEW
Combined Questions With Revised
Correct Detailed Answers
>>Latest Update>>

1. The order of the steps in the SAP R/3 production planning process are:
a. Sales Forecasting, Demand Management, Sales and Operations
Planning, MRP
b. Sales Forecasting, Demand Planning, Demand Management, MRP
c. Sales and Operations Planning, Sales Forecasting, MRP, Demand
Management
d. Sales Forecasting, Sales and Operations Planning, Demand
Management, MRP - ANSWER d

2. The production plan for Fitter Snacker calls for 7000 cases for the snack bar
product group in June. If the snack bar product group consists of NRG-A and
NRG-B bars with the proportion 70% NRG-A bars and 30% NRG-B bars, how
many NRG-A bars should be produced in June?
a. 500 c. 4690
b. 2010 d. 7000 - ANSWER c

3. The costs it normally takes to manufacture a product, which is calculated
from historical costs and any changes from that, are known as:
a. Standard costs c. Known costs
b. Abbreviated costs d. Estimated costs - ANSWER a

,4. ____ are disaggregated to generate detailed production schedules.
a. Bills of materials c. Internet sales orders
b. Production runs d. Rough-cut plans - ANSWER d

5. What is the production plan for all finished goods?
a. MPS - master production schedule c. PPR - production planning
run
b. QQR - quality query run d. RUN - run - ANSWER a

6. What process answers the question "What do we need to order to produce
the product, and when do we need to order these raw materials?"
a. SF - sales forecasting c. MRP - materials requirements planning
b. SOP - sales and operations planning d. DS - detailed scheduling -
ANSWER c

7. What metric tracks the number of times a supplier meets the agreed upon
delivery date?
a. Initial fill rate c. On-time performance
b. Initial order lead time d. cash-to-cash cycle time - ANSWER c

8. In the following figure, what is B?

a. Starting Inventory c. Sales Forecasting
b. Detailed Scheduling d. MRP - ANSWER a

9. In the following figure, what is C?

, a. Starting Inventory c. MRP
b. Sales Forecasting d. Detailed Scheduling - ANSWER d

10.In the following figure, what is D?

a. Starting Inventory c. Sales Forecasting
b. Detailed Scheduling d. MRP - ANSWER d

11.What stage of the production planning process splits Fitter Snacker's
monthly production planning values into finer time periods?
a. Sales Forecasting c. MRP
b. BOM d. Demand Management - ANSWER d

12.Periodically, companies summarize the balances in the books of account.
This process is called: ____.
a. Cost accounting d. Closing the books
b. Account closure e. Statement wrap-up
c. Periodic closure - ANSWER d

13.Assume a company records its transactions in an ERP system. On the shop
floor, a production run has just been finished and the finished goods are
transferred to the warehouse for storage. What would a likely way be to
tell the ERP system about this event?
a. The bar codes on the goods are scanned as they enter the
warehouse. The data generated is passed to the ERP database
electronically.
b. A Production clerk summarizes the data in an Excel spreadsheet
and sends the spreadsheet to Accounting. An Accounting clerk
enters the data from the spreadsheet into the ERP program's
Materials and Production modules.

, c. The bar codes on the goods are scanned as they come off the
production line. The data generated is passed to the ERP system's
Production module electronically. Then bar codes on the goods
are scanned as they enter the warehouse. The data generated is
passed to the ERP database electronically. - ANSWER a

14.A specialized database used for data analysis purposes is called a: ____.
a. data warehouse d. document pile
b. drill down store e. data union
c. document flow - ANSWER a

15.Which financial statement shows account balances such as, cash held,
amounts owed to the company by customers, the cost of raw materials and
finished goods inventory?
a. Income statement c. Tolerance group
b. Balance sheet d. Year end report - ANSWER b

16.____ are often allocated based on total machine hours or total labor hours.
a. Direct costs c. Overhead costs
b. Plant costs d. Manmade costs - ANSWER c

17.In ____, activities associated with overhead cost generation are identified
and then records are kept on the costs and on the activities.
a. ABC, activity-based costing c. ROTM, run of the mill costing
b. BOC, backoffice costing d. POC, plant operation costing - ANSWER
a

18.Each transaction in SAP ERP gets its own unique number. This is known as:
____.
a. Uniqueness numbering c. Auditing codes

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