P&g Academy Msa-srap Quiz #4

15 Questions

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Academy Quizzes & Trivia

In this new quiz from Procter & Gamble, we’ll be tasking you with a whole host of questions related to such topics as NROs, Commitments, Actuals, the MyCrosscharge tool, Dummy Customer IDs and much more!


Questions and Answers
  • 1. 
    Who's responsible for identifying and accruing MSA liabilities and establishing prepaids?
    • A. 

      GAC2

    • B. 

      Regional Finance

    • C. 

      GBS MSA Accountant

    • D. 

      GBU/MDO Budget Owners

  • 2. 
    _________ are to be established for unpaid invoices or unbilled amounts that relate to commitments covering goods, services, effort, or obligations that have been received prior to the end of the fiscal year.
    • A. 

      Prepayments

    • B. 

      BSA

    • C. 

      Accruals

    • D. 

      Accrued revenue

  • 3. 
    P&G has a newly created Tide T.V. commercial.  The expense for this advertisement will be recognized/booked when:
    • A. 

      The marketing agency sends the invoice to P&G

    • B. 

      The commercial is aired on TV

    • C. 

      Both a & b

    • D. 

      None of the above

  • 4. 
    These are expenses paid in cash and recorded as assets before they are used or consumed.
    • A. 

      Purchase Orders

    • B. 

      Prepayments

    • C. 

      NRO

    • D. 

      Liabilities

  • 5. 
    FOC/NRO are treated as reduction in Inventory through ______ Account and subsequently closed to an MSA Expense account
    • A. 

      MSA Expense

    • B. 

      Sales

    • C. 

      Accrual

    • D. 

      Free Goods Shipment

  • 6. 
    _______ accruals REVERSE in the next fiscal year which result to CARRYOVER.
    • A. 

      Quarterly

    • B. 

      Year end

    • C. 

      Monthly

    • D. 

      Bi-monthly

  • 7. 
    NROs are also know as samples that are ______.
    • A. 

      Free of charge

    • B. 

      Deducted from sales

    • C. 

      Both a & b

    • D. 

      None of the above

  • 8. 
    When are Commitments created for an internal order?
    • A. 

      Upon GR creation

    • B. 

      Upon PO creation

    • C. 

      Upon PR creation

    • D. 

      Upon IR creation

  • 9. 
    When are Actuals created for an internal order?
    • A. 

      Upon GR creation

    • B. 

      Upon PO creation

    • C. 

      Upon PR creation

    • D. 

      Upon IR creation

  • 10. 
    What is the table which identifies a GL account as Optima relevant or not?
    • A. 

      ZFMSAIO_SID

    • B. 

      ZFXXCESID_CC

    • C. 

      ZKXXMSASRAP_VF

  • 11. 
    Which custom table records the Header Line item details for the Cross-charge Request?
    • A. 

      ZFXX_MSERECLA_LG

    • B. 

      ZFXX_MSERECLA_HD

    • C. 

      ZFXX_MSA_RECURR

    • D. 

      ZFXX_XCG_APPR_DT

  • 12. 
    What access is needed to access the MyCrosscharge tool?
    • A. 

      ZXXMS01

    • B. 

      ZXXSR22

    • C. 

      ZXXSR26

  • 13. 
    Select the best answer why an accounting document with an Optima GL account was processed even without a Siebel ID in the Assignment field
    • A. 

      Document type used was maintained in document type in table ZARDOC

    • B. 

      GL account used was not maintained in ZFXXCESID_CC

    • C. 

      Document type WE was used

    • D. 

      All of the above

    • E. 

      None of the aboveb

  • 14. 
    What is the Dummy Customer ID used for non-direct MSA CFS transactions?
    • A. 

      9900000001

    • B. 

      1234567890

    • C. 

      1AMSADUMMY

  • 15. 
    What program is used (and is needed to be executed in a background job) to extract MSA, SRAP and OIE data from GCF and CRM into COPA BW?
    • A. 

      ZFXXI060

    • B. 

      ZKXX_MSASRAP_COPA

    • C. 

      ZFXXI055

    • D. 

      ZFXX_COPA_BW