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Title of test:
SAP_MM_VI

Description:
MM questions

Author:
XYZ_VI
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Creation Date:
14/03/2013

Category: Others

Number of questions: 133

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Which of the following can be specified as a valuation level? Plant Controlling area Company code Client.
What are attributes of Stock Provided to Vendor? Stock Provided to Vendor is non-valuated. The availability of Stock Provided to Vendor can be set in Customizing. The possible stock types for Stock Provided to Vendor are “unrestricted-use stock”, “quality inspection stock”, and “blocked stock”. Transfer postings to Stock Provided to Vendor must always be made with a purchase order reference.
You want to use an invoicing plan for recurring payment transactions. Under which of the following circumstances can you create an invoicing plan in a purchase order item? Please choose the correct answer. The purchase order item has an account assignment, and the “Goods Receipt” and “Goods Receipt, Non-Valuated” (GR Non-Val) indicators are selected as follows: Goods receipt: selected Goods receipt, non-valuated: selected The purchase order item has an account assignment, and the “Goods Receipt” and “Goods Receipt, Non-Valuated” (GR Non-Val) indicators are selected as follows: Goods receipt: selected Goods receipt, non-valuated: not selected The purchase order item does not have an account assignment, and the “Goods Receipt” and “Goods Receipt, Non-Valuated” (GR Non-Val) indicators are selected as follows: Goods receipt: selected Goods receipt, non-valuated: selected The purchase order item does not have an account assignment, and the “Goods Receipt” and “Goods Receipt, Non-Valuated” (GR Non-Val) indicators are selected as follows: Goods receipt: selected Goods receipt, non-valuated: not selected.
A forwarding agent sends you a freight invoice for a purchase order. The freight costs were not included in the purchase order. The goods supplier’s invoice has already been posted. Which transaction in Logistics Invoice Verification allows you to enter the freight invoice? Invoice Credit memo Subsequent debit Subsequent credit.
You want to create a material master record for a consumable material. The material type that you use has quantity update only. Which views must be available in the material master record before a purchase order can be created for this material? Basic data, purchasing, storage, accounting Basic data, purchasing, accounting Purchasing, accounting Purchasing.
In which of the following cases can source determination be executed successfully in the planning run? There is a regular vendor for the relevant material at client level. There is a fixed vendor for the relevant material in the source list at plant level. There is an MRP-relevant source list entry for the relevant material in the plant. There is an outline agreement for the relevant material at plant level.
How do you enable the sorting functionality in the evaluation “Info Records by Vendor”? Use a Scope of List parameter that contains the ALV functionality. Assign value “X” to the user parameter ME_USE_GRID in your user profile. Use the SAP List Viewer. Set the ALV as default in Customizing for this transaction.
In message determination in Purchasing, you want to specify that a purchase order is to be printed. How does the system determine the printer? Without message schema, the system always determines the printer from the message condition record. With message schema, the system always determines the printer from the “Output Devices for Purchasing Group” table. With message schema, the system prints to the printer specified in the message condition record. Without message schema, the system can print to the printer entered for parameter “PRI” in the user master record.
Activation of version management for External Purchasing Documents is set in Customizing for a combination of which of the following? Document category Document type Purchasing organization Company code Purchasing group.
What do you have to take into account when using split valuation? Split valuation can be activated for a material regardless of any stock. Within a valuation category, a default value can be defined for the valuation type for external procurement transactions. Valuation categories have to be activated at plant level. Split valuation requires price control at standard price.
What purpose does invoice verification serve in materials management? It allows invoice that do not originate in materials procurement to be processed. Completes the materials procurement process. Handles the payment. Allows credit memos to be processed. Handles the analyses of invoices.
What are the tasks of invoice verification? Entering invoices and credit memos received. Checking the accuracy of invoices. Executing the account posting resulting from invoice. Updating open items and material prices. Checking invoices that were blocked.
What is the process of invoice verification? Purchase order, service or GR referenced for incoming invoice. Invoice items suggested by the system against referenced document. Corresponding automatic account postings carried out. Payment proposal list for vendor generated.
What are the ways in which invoice postings are possible? Manual posting. Automatically through electronic transfer. Evaluated receipt settlement. Invoicing plan. Consignment settlement.
What happens when an invoice is posted? Material master always updated. Purchase order history updated. Individual line items posted to appropriate accounts. MM invoice document created if necessary. FI document always created.
What happens to accounting entries when an invoice is posted? GR/IR account debited, vendor account credited. GR/IR account credited, vendor account debited.
There is a stock of 60 pc of a material having a standard price of Rs.9. A purchase order has been raised on the vendor for 40 pieces at Rs. 11 per pc. The material was received and invoice verified. What would the accounting entries show for this movement after IV? Stock account Rs. 360+, vendor account Rs. 360-. Stock account Rs. 440+, vendor account Rs. 440-. Stock account Rs. 440+, vendor account Rs. 360-. Stock account Rs. 360+, vendor account Rs. 440-. Stock account Rs. 0, vendor account Rs. 80-.
From where does the system pick the default quantity of an item when you post invoice receipt? Invoice. Purchase order. Purchase order history. System settings. Vendor master.
During invoice verification the system picks the rate at which tax is calculated from the vendor master record. True. False.
Which of the following does the system copy from the purchase order during invoice verification entry? Purchase order number. Tax amount. Currency. Vendor. Bank information.
From where can the terms of payment be an input for invoice verification? User entry. Purchase order. Purchase order history. Vendor master. Material master.
An invoice can refer to various objects. True. False.
Where do you enter the delivery note number during invoice verification entry? Transaction area. Header area. Allocation area. Vendor Data area. The balance area.
What can you enter in the Header area during invoice verification entry? Document date. Purchase order number. Invoice amount. Bill of lading number. Tax information.
What do you enter in the allocation area? Whether you want to enter an invoice. Whether you want to enter a credit memo.
Can all deliveries or services provided by a vendor be settled in a single invoice? Yes. No.
What operations can you do on an Item list in the invoice verification procedure? Change layout in customizing. Sort. Search. Delete items not selected.
What are the features of Purchase-order-Based Invoice Verification? All items in Purchase order are presented. Invoice is matched using delivery note number. The invoice quantity should not be greater than the actual delivered quantity. Suggested quantity is the difference between total delivered quantity and total invoice quantity.
If there are several goods receipts and invoices in a purchase order item, the purchase order history tells you which invoice came from which vendor in Purchase-Order-Based Invoice Verification. True. False.
In which type of invoice verification is it not possible to post an invoice before the first goods receipt? GR-Based IV. PO-Based IV.
In GR-based IV can you reassign invoices from one goods receipt to another? Yes. No.
Which of the functions are not associated with invoice verification? Environment information. Simulate postings. Communication with vendor. Error Log. Hold document.
What validations does the system do to get the tax figure if the tax amount is not input? The system checks the tax code for the item from the PO. It validates whether calculate tax has been activated. If the system cannot determine a tax code for an item it uses the one that was last used. It does not permit for change of item tax codes in the item list. The system calculates the tax base for each tax code from the amounts and tax codes of the individual items.
In which kind of posting method in IV is the cash discount amount not credited to the stock or cost account? Gross Posting. Net posting.
What controls the posting of invoice as gross or net? Item category. Document type.
You have a purchase order for 25 pcs a 4 Rs / pc. All goods were received. You have also received from the vendor an invoice for the 25 pcs with a tax of 5%. There is a cash discount of 10 %. What will be the accounting document during invoice verification? Input tax will be 5+ in Gross Posting. Input tax will be 4.5+ in net Posting. Stock account will be 10- in Gross posting. Stock account will be 10- in Net posting. Non operating result account will be 10- in Gross posting.
To which account does the cash discount amount get posted in Net posting? Non-operating result. Cash discount clearing.
How can postings be done in invoice verification for a purchase order in foreign currency? Fixed exchange rate at GR and IV. Current exchange rate at GR and IV. Current exchange rate cannot be changed at IV. Exchange rate differences can occur. Exchange rate difference postings are Customization based.
What validations does the system do during invoice verification? The system checks only those invoices where tolerance limits are set for variances customizing. If the variance is not within tolerance the system displays a message. If an upper tolerance limit is reached the system blocks payment for the entire invoice when you post it. For blocked invoices, the field “Payment block” is filled in the vendor line item in the MM invoice document. The blocked invoice must be released separately before it can be paid.
Under what situation does the system compares the ratio of PO quantity(in PO price units) / PO quantity (in PO units), invoice quantity (in PO price units / invoice quantity (in PO units)? Goods receipt before invoice receipt. Invoice receipt before goods receipt.
During the check of invoices with which of the following variances does the system perform Date variance? Quantity Variance. Price variance. Purchase order price quantity variance.
The initial Stock of a material is 200 pieces. There is a purchase order for 100 pieces at Rs. 0.75. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.80 per piece. What are the effects of the above at invoice verification? If the material is valuated at a standard price of Rs 1, the stock account will be 5+. If the material is valuated at a moving average price of Rs 1, the stock account will be 5+. If the material is valuated at a moving average price of Rs 1, the material master record reflects the moving average price at Rs 0.92. If the material is valuated at a standard price of Rs 1, the price difference expense account will be 5+. If the material is valuated at a standard price of Rs 1, the stock price difference income account will be 5+.
There is a purchase order for 100 pieces at Rs. 0.80. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.75 per piece. However at the time of receipt of invoice the stock of the material is only 30.What are the effects of the above at invoice verification? Stock account is 5-. Stock account is 1.5-. Stock account is 3.5-. Price difference account is 3.5-. Price difference account is 1.5-.
How is the quantity that has already been invoiced valuated at goods receipt if the invoice is posted before goods receipt and the subsequent GR quantity is greater than the invoice quantity? At purchase order price. At invoice price.
How is the quantity valuated at IV for the materials received if the invoice quantity is greater than the GR quantity? At purchase order price. Invoice price.
For which case does the system block a material for a no usage decision made about any inspection lot in non goods receipt based invoice verification? For the goods receipt concerned. For the purchase order item.
What happens if an invoice item exceeds the set tolerance limit for amount check? The item is blocked for payment. The entire invoice is blocked for payment. The item is given blocking reason.
Based on what does the system check the value for a schedule variance? Purchase Order Price. Invoice Price. Invoice value. Quantity variance. Days variance.
The greater the invoice value, the lower the tolerated quantity variance. True. False.
What are the features of stochastic blocking? Threshold value. Percentage. If invoice value is equal to threshold value the probability of a block is equal to the percentage. If invoice value is equal to threshold value the system calculates the probability on a proportional basis. .If invoice value is smaller than the threshold value the system calculates the probability on a proportional basis.
What does the system do when you perform the function Reducing Invoices? Reduce an invoice. Post invoice for the actual quantities and values. Post a credit memo for the amount reduced. Post a debit memo for the amount reduced. Facilitate generation of a letter of complaint to the vendor.
A purchase order has been issued for 60 pieces at 5.00UNI/pc. Goods receipt for the purchase order is 40 pieces. He receives an invoice for 60 pieces at the PO price along with a 10% tax.The purchase manager decides that the invoice has to be reduced. How does the system behave if this invoice is reduced? Vendor account is debited with 220 UNI in the invoice. The input tax is credited with 30 UNI in the invoice. The input tax is debited with 10 UNI in the credit note. The vendor account is credited with 110 UNI in the credit memo. The clearing account for the invoice is credited with 100 UNI.
You have a purchase order for 50 pieces at 20UNI/pc. You receive 30 pieces and an invoice for 50 pieces at 25UNI/pc. You over write the suggested quantity in the invoice verification with the invoice quantity of 50 pieces and also the suggested amount of 600 UNI with 1000 UNI. What kind of partial reduction will the system perform? Price variance. Quantity variance.
A vendor is issued a purchase order for 200 pieces at 10 UNI/pc and 10% tax. There was a goods receipt of 140 Pieces. The vendor sends an invoice for 200 pieces at 12 UNI/pc. The Purchase manager decides on a partial reduction with quantity variance. What will be accounting entries for the invoice and credit memo? Stock account in the invoice document is 300+. Stock account does not get affected. Input tax in credit memo is 60-. Vendor account in the credit memo is 660+. Vendor account in the credit memo is 440+.
What entries does the system pass at invoice verification if non- valuated goods receipt is defined for a purchase order with account assignment? Stock account debited. Consumption account debited. Vendor account credited. GR/IR account debited. GR/IR account credited.
What can be the possible entries the system can make during invoice verification if a valuated good receipt is defined for a purchase order with account assignment and there is a price variance? Debit consumption. Credit consumption. Debit GR/IR. Credit GR/IR. Credit Vendor.
Can the account assignment defined in the purchase order and suggested by the system during invoice verification be changed if valuated goods receipt are defined for the purchase order? Yes. No.
When does the system propose current account assignment? Goods receipt. Invoice Verification.
Can you inform the vendor the cause of invoice reduction in the letter of complaint while performing Total-Based Invoice reduction? Yes. No.
In Total Based acceptance what validations can the system do before deciding that the balance is too large for the invoice to be posted? First checks whether the variance falls within the defined invoice reduction limit. First checks whether the variance falls within the small difference. If the difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit. If the positive difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit. If the invoice reduction limits are set to do not check, the system compares the variance with the acceptance limit.
Which costs are entered at item level in the purchase order? Planned delivery costs. Unplanned delivery costs.
A purchase order has been issued on a vendor for two materials. 150 units of material A has been ordered at 4 UNI/pc. 20 units of material B has been ordered at 45 UNI/pc. Two deliveries have taken place. In the first delivery the vendor has supplied 50 units of material A and 4 units of material B. In the second delivery the vendor has supplied 75 units of material A and 6 units of material B. The invoices for both the deliveries have been received and posted. He now sends an invoice of 950 UNI for delivery costs for both the deliveries that was not planned. The system has been configured to distribute delivery costs amongst items. How will the cost be apportioned to the material when the invoice is posted? Material A: 500 UNI. Material A: 380 UNI. Material B: 570 UNI. Material B: 450 UNI.
A purchase order has been issued on a vendor for two materials. 150 units of material A has been ordered at 4 UNI/pc. 20 units of material B has been ordered at 45 UNI/pc. The vendor has supplied all the materials. The invoice for the supply has been received and posted. He now sends an invoice that includes 875 UNI as freight charges and 125 UNI as custom duty that was not planned. The system has been configured to distribute delivery costs amongst items. How will the cost be apportioned when the invoice is posted? Stock account for Material A 380 +, Stock account for Material B 570+. Stock account for Material A 500 +, Stock account for Material B 450+. Freight clearing 875+. Custom clearing 125+.
In customizing for invoice verification how can you configure unplanned delivery costs? Distribute among the items. Post to separate G/L account.
In which method does the unplanned delivery cost appear in the purchase order history? When distributed among items. When posted to separate G/L accounts.
What are the features of subsequent debit/credit? Changes total invoice value of a PO item. Changes total invoice quantity. Entries can be made only if an invoice has already been posted for the item. Refers to a specific invoice. Flagged in the Purchase order history.
Mentioned below are the details for a purchase order:Purchase order: 50 pcs at 2.00 UNI/pcGoodsreceipt: noneInvoice: 50 pcs at 2.00 UNI/pcSubsequent Invoice: 50 pcs = 20.00UNIWhat will be accounting entries when you post the invoice and make the subsequent debit/credit? Invoice: Vendor Account 100-. Invoice: GR/IR account 100+. Subsequent debit/credit: Stock account: 20+. Subsequent debit credit: GR/IR account 20+. Subsequent debit/credit: Vendor account 20-.
When you post invoice items without reference to purchase orders where do have the facility for using display variants? Purchase order reference tab. G/L Account tab. Material tab.
When you post invoice items without reference to purchase orders in which of the methods is the posting not made to a GR/IR clearing account? Posting directly to G/L account. Posting directly to a material.
When you post invoice items without reference to purchase orders on which tab page will you enter the currency? G/L account. Material. Basic Data. Payment. Detail.
When you post invoice items without reference to purchase orders on which tab page can you enter the item data? G/L account. Material. Basic Data. Payment. Detail.
What are the features of a Document Parking process? Saves the data. Assigns a number to the document. Posts the data. Lists document in the purchase order. Deletes header and line items when document is deleted.
In which of the Document parking methods are the purchase order commitments cancelled out? Hold document. Park document. Save document as complete.
In which of the document parking methods is the document taken into account during tax reporting? Park document. Hold document. Save document as complete.
Which documents can you park? Delivery notes. Credit memos. Subsequent debit. Subsequent credit. Invoice.
Of what is the work item a feature? Invoice verification. Credit memos. Subsequent debit/credit memos. Document parking.
What does a user in the completion processor group have to do to end the work flow? Save the invoice as complete. Delete the invoice. Post the invoice.
What are the features of a release procedure? Used for approval for release before the invoice documents are posted. On release the document gets posted. On refusal of release the document is deleted. On refusal the document id returned to invoice verification for changes. The changed invoice document generates a new work item in the inbox of the person responsible for release.
If a vendor has charged a higher price in the invoice what do you enter? Credit memo. Subsequent debit/credit.
What are the features of Invoice reversals? R/3 system creates a credit memo. In the accounting entry a price difference account can be posted while dealing with a material with moving average price. Even part of the invoice gets reversed. On reversal of a credit memo an invoice is created. You cannot reverse a reversal document.
In which of the following situations can an invoice not get blocked? Automatically due to variances in an item. By entering a payment block manually. By stochastic blocking.
Release of blocked invoice for payment deletes the payment block. True. False.
What should you do to extend the payment period when you release the invoice? Make selection. Release manually. Release automatically. Change baseline date for payment. Select blocking procedure.
Which of the blocking reasons that no longer apply in all invoices that match the selection made gets deleted? Q. D. P. I.
Can you manually release items individually in an invoice? Yes. No.
What happens if the balance exceeds the tolerance limits in Invoice Verification in the background? The invoice documents are saved with the items created. The invoice document must be processed manually later. The invoice document can be processed in the background again.
Can you change the invoice document manually and flag it for Invoice verification in the background again? Yes. No.
In which can you not settle delivery costs? ERS. EDI.
In which does the vendor not have to issue an invoice? ERS. EDI.
What happens to the GR/IR clearing account when the invoice quantity is greater than the delivered quantity? GR/IR clearing account must be maintained manually. Another goods receipt is expected. Another invoice is expected. Another credit memo is expected. Another return delivery is expected.
What happens when the open item in the GR/IR clearing account is cleared manually for a material with moving average price? Stock account credited /debited if sufficient stock coverage. Posting to a price difference account if no stock coverage. Vendor account debited. Vendor account credited.
To what is a chart of accounts assigned? Each Valuation area. To each company code. To each client. To each plant.
On what basis is automatic postings done for transactions? Accounts defined in chart of accounts. Accounts configured to depend on valuation area. Accounts configured to depend on debit/credit indicator.
which transaction is the number range for EDI configured? RD. RS.
What is the document type for Gross posting? RD. RS. RE. RN.
For what can you define in a tax code whether the original document should be posted with a reduced tax or if the tax has to be corrected in the reduction document? Basic data. Unplanned delivery costs. Invoice reduction. Invoices in foreign currencies.
In the settings for Bar code entry, to what do you assign a paper document type? Account assignment. Document type. Company code. Transaction. Plant.
For what do you define a layout in customization? Activating direct posting. Choosing an aggregation variant.
When you set the duplicate invoice check reference as the reference criteria, what does this check validate? Company code. Vendor. Reference. Document date. Currency.
Where would you define the probability for blocking in customization? Manual block. Automatic block. Stochastic block.
What settings are possible in customizing to enable the system to react to variances based on purchase order and purchase order history? Only park. Accept or park with tolerances. Accept. Reduce.
What is associated with message determination settings in customization of Invoice verification? Release group. Condition tables. Access sequences. Tolerance limits. Requirements.
What authorizations can you set for each user in Invoice verification? Company codes in which postings can be made. Plants in which postings can be made. The blocking reasons that can be deleted. Whether variances can be accepted manually without item reference. Assignment of user to tolerance group.
What does the transaction key BSX represent? GR/IR clearing posting. Inventory Posting.
Within which area do MM transactions for which you can configure the automatic posting facility occur? Purchasing management. Materials Requirement Planning. Inventory Management. Invoice Verification. Material Valuation.
What are the influencing factors for configuration of account determination? Chart of accounts. Material. Material type. MM transaction.
What is the key for account determination that enables a differentiation for G/L account assignment depending on material? Valuation grouping code. Material. Transaction. Chart of accounts. Material Type.
Valuation grouping codes can correspond to a single chart of account. True. False.
Which chart of accounts includes specific requirements pertaining to consolidation? Country-specific chart of accounts. Group Chart of accounts.
What can you do if you want to turn off the dependency of account determination function on the valuation area? Create group chart of accounts. Activate valuation grouping code. Assign materials to a valuation class for each valuation area on the accounting view. Deactivate valuation grouping code.
You have activated the valuation grouping code. What must necessarily follow? You must allow more than one valuation class for a material type. More than one material type can be allowed for a valuation class. You must assign a code to each valuation area. You can assign more than one valuation class to an account category reference.
What can be the relationship between the valuation area and the valuation grouping code? 1 to 1. 1 to many. Many to 1. Many to many.
Which one among the following options describes best the relationship between chart of accounts and company code? 1 to 1. Many to 1. 1 to many. Many to many.
What can be the relationship between valuation class and material type? 1 to 1. Many to many. Many to 1. 1 to many.
What establishes the relationship between a valuation class and material type? Valuation grouping code. Account category reference. G/L account. Valuation category.
What highlights the relationship between material types and G/L accounts? All materials for a material type can be assigned to a G/L account. Different material types with all materials within them can be assigned to a G/L account. Two different materials within the same material type can be assigned to different G/L accounts. Group several material types and assign different G/L accounts to different materials within this group.
You assign each material type that is subject to quantity-based and value-based inventory management to an account category reference which is mandatory. True. False.
What controls the posting to a price difference account? Material. Valuation class. Account category reference. Valuation grouping code. Transaction key.
What contains the key for the respective posting transactions? Transaction key. Value string.
In which mode can you access the assignments of value strings to goods movements and the breakdown of the vaue strings into transaction keys in Customizing for Inventory management and Physical Inventory? Mandatory. Optional. Display.
What are the transaction keys used for the subcontracting item categories? EIN. BSV. EKG. FRL. FRN.
What transaction key is used to post a valuated goods receipt for purchase order items not subject to account assignment? BSX. WRX. PRD. KDM. BSV.
What is value string WA01 defined for ? Goods receipt of standard and subcontracting purchase order items without account assignment concerning valuated material into stock. Deliveries without charge. Goods issues. Other goods receipts.
Which value string is defined for Goods receipt of standard and subcontracting purchase order items without account assignment concerning valuated material into stock? WE01. WA14. WA01.
Which valuation string is used for Delivery without charge for material subject to standard price control, with posting date in the previous period and the standard price in the posting period is different to the standard price in the current period? WE01. WA14. WA01.
What is the key for account determination that enables a G/L account assignment differentiation for the offsetting entry for an inventory posting. Valuation grouping code. Chart of accounts. Account grouping. Valuation class.
For which transaction key in materials Management in the standard system is account grouping active? BSX. WRX. PRD. GBB.
For which transactions can you change the account grouping? Invoice verification. Inventory Management.
The rules that you use to define if the configuration of automatic posting for a posting transaction depends on which of the influencing factors? Valuation Group code. Material/material type. Account grouping. Chart of accounts. Valuation class.
From where do the transaction keys for delivery cost postings come? Purchasing calculation schema. Value string.
What does the system use for the account assignment category to determine the default account? Transaction key PRD. Transaction key GBB. Valuation group code. Account grouping. Valuation class.
What are the characteristics of a Document type for Accounting documents? Two character alphanumeric code. One number range per document. Cannot assign authorization group. Determines whether net posting is determined for the documents. Account types that may be used with the document type may be selected when entering documents.
What are the features of number assignment for accounting documents from MM? Configured for each company code. Always linked to the fiscal year. Numbers assigned without gaps. Defines whether number assignment is external or internal. The interval from which the number is assigned.

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