Questions On Srap: Trivia Quiz!

15 Questions

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Questions On Srap: Trivia Quiz!

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Questions and Answers
  • 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.