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Introduction to Business Processes: Chapter 1 Exam Study Guide, Exams of Business Accounting

This study guide provides multiple-choice questions and answers covering key concepts from chapter 1 of "introduction to business processes." it explores various functional departments within an organization, steps in generic business processes, and the impact of different processes on finances, people, and projects. The guide also delves into specific processes like procurement, production, fulfillment, inventory management, lifecycle data management, asset management, and customer service, providing insights into their components and related activities. It concludes with a brief overview of sap r/3 software and its role in business process management.

Typology: Exams

2023/2024

Available from 11/06/2024

CHARITHWENTON
CHARITHWENTON 🇺🇸

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Introduction to Business Processes:
Chapter 1.
Exam Study Guide Latest Updated
2024/2025.
100% Certified Guide by Expert.
The Best Study Notes
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Download Introduction to Business Processes: Chapter 1 Exam Study Guide and more Exams Business Accounting in PDF only on Docsity!

Introduction to Business Processes:

Chapter 1.

Exam Study Guide Latest Updated

100% Certified Guide by Expert.

The Best Study Notes

Exam Study Guide Latest Updated 2024/ 2025.

100% Certified Guide by Expert.

Chapter 1

Introduction to Business Processes

Multiple Answer Questions

  1. Within the financial structure, typical functions or departments found in a modern organization include which of the following?

a. purchasing b. operations c. internships d. finance e. marketing

Answer : a, b, d, e Difficulty : Medium Page Reference: 1 Section: The Functional Organizational Structure Practice: Yes

Exam Study Guide Latest Updated 2024/ 2025.

100% Certified Guide by Expert.

  1. Which processes focus primarily on people and projects?

Exam Study Guide Latest Updated 2024/ 2025.

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a. Financial accounting processes b. Procurement process c. Production process d. Human capital management processes e. Project management processes

Answer : d, e Difficulty : Medium Page Reference: 6 Section: Business Processes Practice:

  1. Which of the following are components of the procurement process?

a. Warehouse b. Purchasing c. Sales d. Operations

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d. Accounting e. Production

Answer : a, c, d Difficulty : Medium Page Reference : 8 Section: Business Processes: Fulfillment-Sell Practice:

  1. The term materials encompasses which of the following?

a. Products

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b. Components c. Parts d. Anything used in an organization e. Accounting

Answer : a, b, c, d Difficulty : Medium Page Reference : 8 Section: Business Processes: Fulfillment-Sell Practice:

  1. Which of the following activities are related to the production process?

a. Request materials b. Store materials c. Locate Materials d. Issue Materials e. Receive Payment

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c. Prepare for Storage d. Store Materials e. Ship to Customer

Answer : a, b, e Difficulty : Medium Page Reference : 9 Section: Business Processes: Inventory and Warehouse Management-Store Practice: Yes

  1. Which of the following are components of the lifecycle data management process?

a. Engineering b. Marketing

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c. Accounting d. Production e. Sales

Answer : a, b, d Difficulty : Medium Page Reference : 10 Section: Business Processes: Lifecycle Data Management- Design Practice:

  1. Which departments take part in the conception of an idea?

a. Accounting b. Production c. Engineering d. Sales e. Marketing

Commented [RW1]: I can’t find this info in the chapter.

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d. Request maintenance e. Perform service

Answer : b, c, d Difficulty : Medium Page Reference : 11 Section: Business Processes: Asset Management and Customer Service-Service Practice:

  1. Sales is involved in which steps in the customer service process?

a. Perform service b. Create service request c. Settlement

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d. Authorize service e. Request maintenance

Answer : b, d Difficulty : Medium Page Reference: 11 Section: Business Processes: Human Capital Management- People Practice:

a. Budgeting b. Execution c. Settlement d. Planning

Answer : a, b, c, d Difficulty : Medium Page Reference : 12

What part of the project management process is within the various functional areas? Commented [RW2]: This question isn’t clear to me.

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Answer: b, c, d Difficulty: Medium Page Reference: 15 Section: How to use this book: SAP Software and Certification Practice: Yes