Questions On Srap: Trivia Quiz!
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- 1.What does PSNME stand for?
- A.
Product Supply Non-Manufacturing Expense
- B.
Product Supply Non-Managing Expense
- C.
Purchase Suppy Non-Manufacturing Expense
- D.
Purchase Suppy Non-Managing Expense
- 2.What is the Primary Cost Element Group for SRAP?
- A.
EMTOTAL
- B.
ESSPENDING
- C.
EMSPENDING
- D.
ESSPENDS
- 3.What is the top node for SRAP in the Standard Hierarchy?
- A.
CS00000000001
- B.
CC00000000001
- C.
CSTOP
- D.
CTOP
- 4.When posting journal entries, corrections are allowed when charges are significant. Which of the following charges is not considered significant?
- A.
< $2000 USD
- B.
> $2000 USD
- C.
> 5% of annual budget
- D.
> $5000 USD
- 5.Which of the following statements is incorrect?
- A.
Processing of journals is done monthly.
- B.
Data is available real-time in SAP.
- C.
Affiliate journals must be completed by noon on the first workday.
- D.
All SRAP expense accounts will be closed at noon on the first workday.
- 6.What is the threshold for crosscharges?
- A.
1M USD
- B.
10M USD
- C.
100M USD
- D.
100M PHP
- 7.The Regional Entrepreneurs pay which legal entity for use of intellectual property?
- A.
LE 101
- B.
LE 111
- C.
LE 001
- D.
LE 100
- 8.Which of the following is not a type of Global Cost Sharing?
- A.
Global CF Cost Sharing
- B.
Global GBU Cost Sharing
- C.
Global MDO Cost Sharing
- D.
Global GBS Cost Sharing
- 9.Which of the following roles is not involved in Global Cost Sharing?
- A.
Billing Mechanism Owner
- B.
Global Tax
- C.
Regional Tax
- D.
Legal Entity Owner
- 10.Which of the following statements is true about regional SRAP billing?
- A.
SAFE company policy for calculation, booking, and paying of fees is followed.
- B.
In most cases, neither local law or contracts can override company policy.
- C.
Both A and B.
- D.
Neither A nor B.
- 11.Which of the following pertains to the annual high-level (profit center) forecast?
- A.
Firm Forecast
- B.
Firm Budget
- C.
Current Budget
- D.
Planning
- 12.Which of the following pertains to a collection of planning layouts?
- A.
Planning Hierarchies
- B.
Planner Profiles
- C.
Planning Currency
- D.
Planning Versions
- 13.All initial cost center planning occurs in what planning version?
- A.
Version 0
- B.
Version 1
- C.
Version 4
- D.
Version 999
- 14.Which of the following is not a task of the GCF Budget Coordinator?
- A.
Lock/Unlock
- B.
Verify
- C.
Delete
- D.
Copy
- 15.Which of the following statements is true?
- A.
SRAP planning in SAP ends at the profit center level.
- B.
The allocation model used for plan allocation to profit center is currently worksheet-based.
- C.
All of the above.
- D.
None of the above.
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