New World ERP - FM - Requisitions
Congratulations on completing Requisitions training! Now that you've been introduced to the basics of Requisitions, you should be able to pass with 80% or better accuracy. Good luck!
- 1.What is required to post a requisition?
- A.
The requisitions has been validated.
- B.
All required approvals have been processed.
- C.
The requisition has been printed.
- D.
Both A & B.
- 2.To enter a new requisition, the proper navigations is:
- A.
Financial Management > Procurement > Purchasing > Requisitions.
- B.
Financial Management > Inquiries > Requisitions.
- C.
Financial Management > Reports > Purchasing > Requisition Report.
- D.
Financial Management > Inquiries > Vendors.
- 3.How can multiple General Ledger accounts be applied to a single item on a requisition?
- A.
By creating multiple requisitions.
- B.
By creating multiple items on the requisition then assigning different G/L accounts to each of them.
- C.
By utilizing the Multiple G/L Account Distribution icon next to the G/L Account field in Requisition entry.
- D.
By executing any of the above.
- 4.What is the proper path for locating purchase orders related to a specific requisition?
- A.
Financial Management > Inquiry > Purchase Orders > Purchase Order Inquiry > Advanced Search.
- B.
Financial Management > Reports > Requisition Report.
- C.
Financial Management > Inquiries > Requisitions > Locate Requisition > Click Detail > Click the PO Icon .
- D.
Any of the above.
- 5.Which path will lead to the page that shows who has approved a requisition?
- A.
Financial Management > Inquiries > Requisition Inquiry > Locate the Requisition > Select Approvals.
- B.
Financial Management > Inquiries > Purchase Order Inquiry.
- C.
Financial Management > Reports > Purchasing > Requisition Report.
- D.
Both A & B.
- 6.Which path leads to where all purchase orders and requisitions associated with a vendor are located?
- A.
Financial Management > Inquiries > Requisitions > Select the Advanced Search Icon > Input the Vendor.
- B.
Financial Management > Inquiries > Vendors > Locate the Vendor. All Purchase Orders and Requisitions can be seen for the vendor by clicking on the Requisition or Purchase Order icons beneath the Vendor's Name.
- C.
Financial Management > Reports > Purchasing > Purchase Order Report.
- D.
Both A & B.
- 7.When entering Requisitions, the ability to assign a general ledger account is restricted to:
- A.
The user's department.
- B.
Only the requisitions within budget.
- C.
Only the items on a balance sheet.
- D.
There are no restrictions, it can be assign to any general ledger account in new world ERP.
- 8.Can a project be assigned to a requisition?
- A.
Yes, a project can always be assigned if the general ledger account entered for the requisition allows for projects.
- B.
Yes, but projects cannot be assigned until the invoice is received.
- C.
Yes, but projects cannot be assigned until the invoice is paid.
- D.
No, a project cannot be assigned until the requisition becomes a PO.
- 9.Does a requisition have to be printed before it can be posted?
- A.
Yes, new world ERP requires that the requisition be printed before it can be posted.
- B.
No, new world ERP does not require printing of the requisition. However, it may be required based in internal process requirements.
- C.
No, new world ERP does not even allow the printing of requisitions.
- D.
None of the above.
- 10.How is the total amount of the requisition calculated?
- A.
(Quantity) x (Unit of Measure).
- B.
(Quantity) x (Price Per Unit).
- C.
Price Per Unit only, quantity is not used.
- D.
None of these.
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