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Chapter 1

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Chapter 1 GSCM

Question 1 of 10

1

Which term represents a set of tasks or activities that produce desired outcomes?

Select one of the following:

  • Business Process

  • Trigger

  • Outcome

  • Enterprise Resource Planning

  • None of the above

Explanation

Question 2 of 10

1

Which system supports business processes end to end?

Select one of the following:

  • Management System

  • Accounting System

  • Enterprise System

  • Functional Structure

  • Document System

Explanation

Question 3 of 10

1

Which of the following statements about business processes is true?

Select one of the following:

  • They are executed across multiple functions

  • They are initiated by some type of trigger

  • They involve multiple steps

  • All of the above

  • None of the above

Explanation

Question 4 of 10

1

Which term refers to all of the activities involved in buying or acquiring the
materials used by the organization, such as raw materials needed to make
products?

Select one of the following:

  • Material Planning

  • Procurement Process

  • Production Process

  • Fulfillment Process

  • Lifecycle Data Management

Explanation

Question 5 of 10

1

Which process uses historical data and sales forecasts to plan which materials will
be procured and produced?

Select one of the following:

  • Material Planning

  • Procurement Process

  • Production Process

  • Fulfillment Process

  • Lifecycle Data Management

Explanation

Question 6 of 10

1

Which process tracks the financial impact of process steps with the goal of
meeting legal reporting requirements?

Select one of the following:

  • Human Capital Management

  • Project Management

  • Financial Management

  • Management Accounting or Controlling (CO)

  • None of the above

Explanation

Question 7 of 10

1

What is the final step of the procurement process?

Select one of the following:

  • Invoice

  • Purchase Requisition

  • Purchase Order

  • Payment

  • None of the above

Explanation

Question 8 of 10

1

Within the financial structure, typical functions or departments found in a modern
organization include which of the following (Choose 4)?

Select one or more of the following:

  • Purchasing

  • Operations

  • Internships

  • Finance

  • Marketing

Explanation

Question 9 of 10

1

Which processes track the financial impacts? (Choose 2)

Select one or more of the following:

  • Financial Accounting Processes

  • Project Management Processes

  • Management Accounting or Controlling Processes

  • Material Planning Process

  • Procurement Process

Explanation

Question 10 of 10

1

Which of the following are components of the fulfillment (sell) process? (Choose 3)

Select one or more of the following:

  • Sales

  • Operations

  • Warehouse

  • Accounting

  • Production

Explanation