ACCT 3310-13

MM Exercises

Things to think about!

1.   The Chapter 1 text of this case discusses “Roles and Profiles.” This discussion emphasizes the need

for proper separation of duties within organizations for reducing the threat of errors and fraud.

Please recognize that in this case, you have access to more areas than a typical employee would (or should) have in an actual business. For training purposes of learning about SAP, students are          allowed to perform all transaction related roles in the entire system. This greater access across        functional areas allows students to gain practical insight and appreciation into the interrelationships of an organization and its ERP system, such as SAP.

Consider exercise MM01 (creating G/L account, which means you had authorization over the    general ledger accounts)…what other exercises should you NOT be able to complete (within a   normal business environment)?  Remember to consider the 3 activities we try to keep separate if possible.

(Think this through with other exercises within the chapter as well, not just MM01).

2.   The integration of data in SAP for creating data for one document or record (such as the            purchase order) based on data from another document or record (such as the purchase                requisition) has pros and cons.  List one pro and its associated management assertion(s) and list one con and its associated management assertion(s).

3.   Terms:

Purchasing information record

Material master

Purchase requisition

Purchase order

SAP data types (master, transaction, and configuration)

4.   How does using the GR/IR account help with (1) increased reliability of financial reporting and

(2) efficiency and effectiveness of operations?

Sample questions:

5.   When linking together vendors and materials, which management assertion is most directly related?