BMGT476 MIDTERM QUESTIONS AND
ANSWERS WITH SOLUTIONS 2024
You can use MD61 to ______? - ANSWER Forecast finished goods requirements
The input for MRP Run (MD01) is __________ and outputs are ______________ (and) ___________. -
ANSWER Independent requirements; Purchase requisition; Planned order
Which of the following explains the correct activity sequence in the planning process? - ANSWER
Forecast --> MRP Run
What document is required for creating a purchase order? - ANSWER Purchase requisition
According to Business Process Modeling Notation (BPMN), in the inventory management of the
procurement process, which documents are updated after you complete transaction MIGO? - ANSWER
Accounting documents
Material documents for good receipt
Which account holds the amount of money you owe after you post an incoming invoice and before the
vendor is paid? - ANSWER Accounts payable
Which three major activities demonstrate the integration of inventory management and accounting in
the procurement process? - ANSWER Post Outgoing Payment
Enter Incoming Invoice
Post Goods Movement
In transaction CO41, you see the screen as provided below:
which transaction generated this planned order? - ANSWER MRP Run
Which of the following is true about planned order conversions? - ANSWER DepReq is converted to
OrdRes
PldOrd is converted to PrdOrd
Which transaction completes the production process? - ANSWER Confirm the finished goods
Ship-To Party and the Sold-To Party always have the same address? - ANSWER False
Creating a sales order will drop the inventory with the quantity in the sales order? - ANSWER False
In this exercise how many units of 1kg muesli is left in your inventory after your outbound delivery
creation? - ANSWER 23,000
Which of the following are true about the sales process? - ANSWER Create outbound delivery
Create sales order
Create billing documents
Post incoming payments
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