Ptp - Vendor Licensing

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Rdenta
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Quizzes Created: 10 | Total Attempts: 1,024
Questions: 14 | Attempts: 49

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Law Quizzes & Trivia

Questions and Answers
  • 1. 

    Purchase Orders cannot be saved or transmitted unless the Vendor has the necessary licenses on file in the system with H. D. Smith.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    In order for Purchase Orders to be saved or transmitted, it is necessary for the Vendor to have the necessary licenses on file in the system with H. D. Smith. This implies that without the required licenses, the Purchase Orders cannot be processed or completed successfully. Therefore, the statement "Purchase Orders cannot be saved or transmitted unless the Vendor has the necessary licenses on file in the system with H. D. Smith" is true.

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  • 2. 

    Which material group does not ever require any type of vendor license?

    • A. 

      C-2

    • B. 

      Rx

    • C. 

      OTC

    • D. 

      L-1

    Correct Answer
    C. OTC
    Explanation
    OTC stands for "Over-the-Counter" which refers to medications that can be purchased without a prescription. Since OTC medications can be bought directly by consumers without the need for a prescription or a vendor license, they do not require any type of vendor license. Therefore, OTC is the material group that does not ever require any type of vendor license.

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  • 3. 

    Which of the following license types are state specific?

    • A. 

      VADR

    • B. 

      VFDEA

    • C. 

      VSTATE

    • D. 

      All of the above

    Correct Answer
    C. VSTATE
    Explanation
    The license type VSTATE is state specific. This means that it is applicable only within a particular state and may not be valid in other states. The other license types mentioned (VADR and VFDEA) are not necessarily state specific, as there is no information provided about their applicability or restrictions. Therefore, the correct answer is VSTATE.

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  • 4. 

    Which T-Code would you use to display all licenses on file for a specific vendor?

    • A. 

      XK02

    • B. 

      XK03_LIC

    • C. 

      Z_VEN_LIC

    • D. 

      DSP__VEN_LIC

    Correct Answer
    C. Z_VEN_LIC
    Explanation
    The T-Code "Z_VEN_LIC" would be used to display all licenses on file for a specific vendor.

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  • 5. 

    The Purchasing Department will use the license maintenance program to add or update vendor licensing information.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    The statement is false because the Purchasing Department will not use the license maintenance program to add or update vendor licensing information.

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  • 6. 

    A vendor must have a valid Texas license before they can ship any RX product into Florida.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    The statement is false because a vendor does not need a valid Texas license to ship RX products into Florida. The requirement for a valid license would depend on the state in which the vendor is located, not Texas specifically.

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  • 7. 

    If a vendor has multiple shipping locations, only the vendor's primary location must be properly licensed.

    • A. 

      True

    • B. 

      False

    Correct Answer
    B. False
    Explanation
    If a vendor has multiple shipping locations, it is not sufficient for only the vendor's primary location to be properly licensed. Each shipping location must be properly licensed in order to comply with regulations and ensure legal operations. Therefore, the statement is false.

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  • 8. 

    What are the different license types that are checked during the PO creation process?

    • A. 

      VADR1, VFDEA, VCS, VSTATE1 and VSTATE2

    • B. 

      VADR1, VFDEA, VCS, VSTATE

    • C. 

      VADR1, VFDEA, VCS, VSTATE and VLIST1

    • D. 

      VADR1, VFDEA, VADR2

    Correct Answer
    C. VADR1, VFDEA, VCS, VSTATE and VLIST1
    Explanation
    The different license types that are checked during the PO creation process are VADR1, VFDEA, VCS, VSTATE, and VLIST1.

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  • 9. 

    Which of the following can be displayed when accessing the Vendor Licensing Display T-Code?

    • A. 

      All Active Licenses

    • B. 

      All Active Licenses, All Expired Licenses, All Future Licenses, and Every License

    • C. 

      All Future Licenses and Every License

    • D. 

      All Active Licenses, All Expired Licenses, All Future Licenses

    Correct Answer
    B. All Active Licenses, All Expired Licenses, All Future Licenses, and Every License
    Explanation
    The Vendor Licensing Display T-Code allows users to access and display various types of licenses. The correct answer states that when accessing this T-Code, all active licenses, all expired licenses, all future licenses, and every license can be displayed. This means that the T-Code provides a comprehensive view of all types of licenses, regardless of their status or validity.

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  • 10. 

    At what point of the PO creation process are you alerted of a Vendor licensing issue, if one exists?

    • A. 

      When you save the PO

    • B. 

      When you click the 'Check' button

    • C. 

      Both A and B

    • D. 

      When you run MRP

    • E. 

      Never

    Correct Answer
    C. Both A and B
    Explanation
    Both A and B are correct because in the PO creation process, you are alerted of a Vendor licensing issue when you save the PO and when you click the 'Check' button. Saving the PO ensures that any errors or issues, including Vendor licensing problems, are identified and flagged before finalizing the purchase order. Clicking the 'Check' button also triggers a validation process that checks for any potential issues, such as licensing problems, and alerts you if any are found. Therefore, both actions serve as checkpoints in the PO creation process to ensure that Vendor licensing issues are identified and addressed.

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  • 11. 

    Who is responsible for maintaining and correcting Vendor license information?

    • A. 

      Compliance

    • B. 

      Purchasing

    • C. 

      Master Data

    • D. 

      Accounting

    • E. 

      Customer Service

    Correct Answer
    C. Master Data
    Explanation
    Master Data is responsible for maintaining and correcting Vendor license information. Master Data refers to the central repository of an organization's key data, including vendor information. This department ensures that accurate and up-to-date data is maintained, including vendor licenses. They are responsible for managing and correcting any errors or discrepancies in the vendor license information to ensure compliance and accurate record-keeping.

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  • 12. 

    The Missing Vendor License Report displays a list of all materials that cannot be purchased due to incomplete or missing vendor licenses.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    The Missing Vendor License Report is a report that provides a list of materials that cannot be purchased because the vendor licenses are incomplete or missing. This report helps in identifying any materials that are not available for purchase due to licensing issues. Therefore, the statement "The Missing Vendor License Report displays a list of all materials that cannot be purchased due to incomplete or missing vendor licenses" is true.

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  • 13. 

    Licensing checks are conducted for all known shipping addresses for a vendor.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    Licensing checks are conducted for all known shipping addresses for a vendor, which means that the vendor verifies the licenses or permits required for shipping to each address they are aware of. This ensures compliance with legal requirements and helps prevent any potential issues or penalties related to shipping to unauthorized locations. Therefore, the statement is true.

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  • 14. 

    Your User Name determines which roles you are authorized to perform in SAP.

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    In SAP, the user name plays a crucial role in determining the authorized roles that a user can perform. The user name is used to identify and authenticate users within the system. Based on the assigned roles and authorizations associated with a specific user name, the user will have access to certain functionalities and actions within SAP. Therefore, the statement "Your User Name determines which roles you are authorized to perform in SAP" is true.

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