Introduction to Business ProcessesMultiple Answer QuestionsWhich processes have an impact on an organization’s finances?The term materials encompasses which of the following?Chapter 1Introduction to Business ProcessesMultiple Answer Questions 1. Within the financial structure, typical functions or departments found in a modernorganization include which of the following?a. purchasingb. operationsc. internshipsd. financee. marketingAnswer: a, b, d, e Difficulty: Medium Page Reference: 1Section: The Functional Organizational Structure Practice: Yes2. Which of the following are steps within a generic business process of an organization?a. Paymentb. Triggerc. Shipmentd. Outcomee. ConfirmationAnswer: b, d Difficulty: Difficult Page Reference: 4 Section: Business Processes Practice:3. Which processes have an impact on an organization’s finances?a. Financial accounting processesb. Project management processesc. Management accounting or controlling processesd. Material planning processe. Procurement processAnswer: a, c Difficulty: Medium Page Reference: 6Section: Business Processes Practice: Yes4. Which processes focus primarily on people and projects?a. Financial accounting processesb. Procurement processc. Production processd. Human capital management processese. Project management processesAnswer: d, e Difficulty: Medium Page Reference: 6Section: Business Processes Practice:5. Which of the following are components of the procurement process?a. Warehouseb. Purchasingc. Salesd. Operationse. AccountingAnswer: a, b, e Difficulty: Medium Page Reference: 7Section: Business Processes: Production-Make Practice: Yes6. Which of the following are components of the production (make) process?a. Salesb. Operationsc. Warehoused. Accountinge. ProductionAnswer: c, e Difficulty: Medium Page Reference: 7Section: Business Processes: Production-Make Practice: 7. Which of the following are components of the fulfillment (sell) process?a. Salesb. Operationsc. Warehoused. Accountinge. ProductionAnswer: a, c, d Difficulty: Medium Page Reference: 8Section: Business Processes: Fulfillment-Sell Practice:8. The term materials encompasses which of the following?a. Productsb. Componentsc. Partsd. Anything used in an organizatione. AccountingAnswer: a, b, c, d Difficulty: Medium Page Reference: 8 Section: Business Processes: Fulfillment-Sell Practice: 9. Which of the following activities are related to the production process?a. Request materialsb. Store materialsc. Locate Materialsd. Issue Materialse. Receive PaymentAnswer: a, b, c, d Difficulty: Medium Page Reference: 9Section: Business Processes: Inventory and Warehouse Management-Store Practice: 10. Which of the following activities are related to the procurement process?a. Issue Materialsb. Receive Materialsc. Prepare for Storaged. Store Materialse. Locate MaterialsAnswer: b, c, d Difficulty: Medium Page Reference: 9Section: Business Processes: Inventory and Warehouse Management-Store Practice: 11. Which of the following activities are related to the fulfillment process?a. Locate Materialsb. Prepare Shipmentc. Prepare for Storaged. Store Materialse. Ship to CustomerAnswer: a, b, e Difficulty: Medium Page Reference: 9Section: Business Processes: Inventory and Warehouse Management-Store Practice: Yes12. Which of the following are components of the lifecycle data management process?a. Engineeringb. Marketingc. Accountingd. Productione. SalesAnswer: a, b, d Difficulty: Medium Page Reference: 10Section: Business Processes: Lifecycle Data Management-Design Practice: 13. Which departments take part in the conception of an idea?a. Accountingb. Productionc. Engineeringd. Salese. MarketingAnswer: c, e Difficulty: Medium Page Reference: 10Section: Business Processes: Lifecycle Data Management-Design Practice: 14. In which elements of the lifecycle data management process does marketing play a role?a. Designb. Conceive product ideasc. Maked. Marketing & servicee. Discontinue productAnswer: c, d, e Difficulty: Easy Page Reference: 10Section: Business Processes: Lifecycle Data Management-Design Practice: 15. In which components of the asset management process is production involved?a. Settlementb. Perform maintenancec. Authorize maintenanced. Request maintenancee. Perform serviceAnswer: b, c, d Difficulty: Medium Page Reference: 11Section: Business Processes: Asset Management and Customer Service-Service Practice:16. Sales is involved in which steps in the customer service process?a. Perform serviceb. Create service requestc. Settlementd. Authorize servicee. Request maintenanceAnswer: b, d Difficulty: Medium Page Reference: 11Section: Business Processes: Human Capital Management-People Practice: 17. What part of the project management process is within the various functional areas?a. Budgetingb. Executionc. Settlementd. PlanningAnswer: a, b, c, d Difficulty: Medium Page Reference: 12Section: Business Processes: Project Management-Projects Practice: Yes18. Which of the following products fall(s) within GBI’s line of business?a. Deluxe and professional touring bikesb. Men and women’s off-road bikesc. Motor bikesd. Bike accessoriesAnswer: a, b, d Difficulty: Medium Page Reference: 14Section: Global Bicycle Incorporated (GBI) Practice: Yes19. What is true about SAP R/3?a. Supports a single function or departmentb. Executes every process from start to finishc. Consolidates process data in a single databased. Enables users to view the status of a process in real timeAnswer: b, c, d Difficulty: Medium Page Reference: 15Section: How to use this book: SAP Software and Certification Practice: