D. An open item is posted on the customer's account
E. Revenue is increased
10. When a goods receipt is created for materials received from the Vendor. Which two (2) G/L
account(s) will be debited and credited?
[2 marks]
A. Decrease Inventory (credit inventory)
B. Goods receipt of material from a vendor
C. Decrease Inventory (credit inventory)
D. Increase GR/IR liability (credit GR/IR)
SECTIONB: Structured Questions. Marks for each question are shown at the end.
[Total Marks 50]
QUESTION 1
[19 Marks]
Assume you are hired by Zambikes company to manage the procurement process. You will perform
different roles within the company such as purchasing agent, warehouse employee, and an
accounting specialist.
a) Illustrate the standard view of steps involved in the procure to pay process using the SAP
S/4HANA ERPsystem.
[4 Marks]
b) Identify the organizational structure/units required to support the procure to pay process.
[3 Marks]
c) You received a request from the production unit to purchase 10 Brake kit.
i) Which document will you create in an ERPsystem to request for the 10 Brake kit from
suppliers?
[2 Marks]
ii) Once goods have been received and captured in an ERPsystem. Explain the effects of this
transaction.
[5 Marks]
d) As a Purchasing Agent for Zambikes company:
i) What risks in the procurement process will you consider when receiving goods?
[3 Marks]
ii) How will you eliminate the risks you stated in question d (i)?
[2 Marks]
4