Self study

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Title of test:
Self study

Description:
Certification Self Study

Author:
Student
(Other tests from this author)

Creation Date:
25/12/2014

Category:
Computers
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Content:
Which procurement process(es) normally end with the goods receipt and not with the invoice date? Procurement from another plant in the company using a stock transfer order. Stock transfer of materials by means of subcontracting. Normal purchase of materials from a vendor without provision of components. Procurement of material by means of consignment.
A plant can be assigned to several company codes. True False.
A purchasing organization can act for several plants. True False.
A purchasing group must always be assigned to a purchasing organization. True False.
A purchasing organization must always be assigned to a company code. True False.
You can create a purchase order with reference to a purchase requisition. True False.
Which organization levels do you have to indicate when entering a purchase order? Client Company Code Plan Storage Location Purchasing Organization Purchasing Group.
What are the effects of the entry of a goods receipt against a purchase order in the SAP system? The purchase order is deleted. An accounting document can be generated. A material document is generated for each item. The PO history is updated for each item of the purchase order. A material document is generated. A credit memo is automatically generated for the vendor for the amount of the delivery value.
Which of the following can you enter using the transaction MIRO? Subsequent delivery Subsequent debit Invoice Subsequent adjustment Credit memo.
Which organizational levels play a role in the maintenance of vendor master data? Client Company Code Plant Storage Location Purchasing Organization Purchasing Group.
When you create a master record for a vendor, you must enter all relevant data for purchasing and accounting in one single step. True False.
When creating a material master record, you have to specify a material type. Among other things, the material type controls: The type of number assignment The permissible length of the material short text Whether a material may be ordered Which views (user-department-specific data) can be maintained Whether a material may not be procured from certain vendors.
If you wish to add a view to a material, you must make a change to the material master record. True False.
When creating a vendor master record with reference, you can decide whether or not the address data is to be copied from the reference. True False.
If you use another material master record with reference when creating a material, the data is always copied from the reference. True False.
In which of the following documents and master records can you enter conditions? RFQ (RFQ type AN) Quotation Material master record Purchasing info record Purchase order.
Which purchasing document(s) allow(s) only time-independent conditions? RFQ / quotation Contract Purchase order Scheduling agreement.
Which purchasing document(s) allow(s) only time-dependent conditions? RFQ / quotation Contract Purchase order Scheduling agreement.
The vendor quotation resulting from an RFQ is displayed as an independent document in the SAP system. True False.
Which functions can you execute from or with the price comparison list? Compare prices from quotations at item level. Generate more RFQs for an RFQ activity. Maintain (enter and change) prices in quotations. Issue rejection letters. Save market prices.
All documents that you can select in the document overview of the ordering transaction can also be displayed from the document overview. You can execute changes in this way only for purchase orders and purchase requisitions. True False.
Which of the following organizational levels are relevant for purchasing info records? Client Company Code Plant Storage Location Purchasing Organization.
Conditions can be defined in info records only if the info record was created manually. True False.
If conditions are maintained in a purchasing info record, these conditions are always transferred to the purchase order. True False.
If no valid conditions are defined in an info record, the system never proposes a price in the purchase order. True False.
At which level can the valuation area be determined? Client Company code Purchasing organization Plant Storage location.
You must determine the plant as the valuation area if you want to use either of the components Production Planning or Product Cost Accounting. True False.
Which of the following statements about the valuation class are correct? The valuation class is a grouping key that controls the procedure used to valuate a material. Your choice of valuation class determines whether conditions at plant level are allowed for a material. The valuation class is used to determine which stock account is updated during the goods movements of a material. The valuation area controls which valuation classes are allowed for a material. The valuation class enables you to manage the stocks of several materials in a stock account.
You can use the stock overview to learn about the stock situation of several materials. True False.
You can use the stock overview to learn about the stock situation of one material in different plants. True False.
In which master records and documents can the indicator or stock type quality inspection occur? Material Master Record Vendor Master Record Purchasing Info Record RFQ PO Material Document.
You have mapped the following procurement process in the system: Purchase order for stock material - goods receipt for purchase order - invoice receipt for purchase order with delivery costs that are 100% unplanned. Select all accounts to which postings could be made within the framework of invoice entry. Vendor account GR/IR clearing account for external procurement GR/IR freight clearing account Stock account Account for gain from price differences Account for gain from price differences Account for input tax.
You post a goods receipt for a purchase order item with account assignment.Which accounts may be updated in accounting? Vendor account Consumption account Price difference account GR/IR clearing account.
You want to procure material for consumption. Which data must exist in the purchase requisition? Material short text Account assignment category Material number Account assignment data G/LAccount Material group.
What factor is used to determine that an account assignment category needs to be specified in a purchase order for a material with a material master record? Material group Industry sector Material type Field selection.
In which documents can you use the account assignment category U (unknown)? RFQ Purchase requisition Purchase order Material document.
If you create a multiple account assignment in an item, you can choose between the following options for the distribution indicator. Quantity basis Proportional Percentage Sequential.
Which of the following statements applies for the internal requisition of material without a material master record? You do not enter a material description. You do not enter a material number. You must enter the unit of measure. You must enter an order price. You must always enter an account assignment category. You may enter only the account assignment category Unknown.
When creating a purchase order with reference to a purchase requisition, note the following: If there is no purchasing info record with a valid price for a vendor and a material, then the valuation price is always proposed from the purchase requisition as the order price. True False.
Which indicator must be set in the purchase order item so that the GR/IR clearing account is not posted to during invoice entry? Goods Receipt indicator: set /GR Non-Val. indicator: set Goods Receipt indicator: set /GR Non-Val. indicator: not set Goods Receipt indicator: not set /GR Non-Val. indicator: not set Goods Receipt indicator: not set /GR Non-Val. indicator: set.
You cannot enter a goods receipt or any services against a PO item with the item category Limit (B). True False.
Which of the following do you enter when you create a blanket purchase order? Vendor Material Delivery date Short text Order price for material Account assignment category Item category B Limited Validity indicator Material group Plant.
Which of the following master data is relevant to the procurement of external services? Vendor master record Material master record Service master record Purchasing info record Bill of materials Service conditions.
When you enter vendor-specific conditions, you create a separate service info record for each service and vendor (comparable to the purchasing info record for material). True False.
Which of the following statements are correct? When procuring services, you can work with or without a service master record. The account assignment category unknown (U) is allowed only in purchase orders with item category D (service). You must specify a limit in a service item. The service specification of a service item can be structured in a maximum of four hierarchy levels. You cannot specify just one limit in a service item. A service specification with at least one service must exist.
When entering the service, you can also always enter unplanned services. True False.
When the service entry sheets are saved, the postings are made in Financial Accounting. However, these postings are blocked and are not released until the service entry sheet is accepted. True False.
The scope-of-list parameter determines which purchasing documents are analyzed by the report. True False.
The invoice overview enables you to display a list of invoices. When selecting documents, you can restrict the volume of data with the data entry type. Which of the following data entry types are possible? Evaluated receipt settlement Online entry Blocked Parked Partially entered Delivery costs only EDI.
In a standard analysis, you can perform an ABC analysis. True False.
Which MRP elements can be created for a material procured externally by a requirements planning run? Production order Planned order Sales order Purchase requisition Purchase order Outline agreement.
The consumption-based planning procedures are normally only based on the previous consumption of the material. True False.
In forecast-based planning, you can consider external requirements. True False.
The safety stock should clear errors made by the MRP controllers. True False.
During net requirements calculation of a material planned with reorder point planning, the warehouse stock available for MRP results from the plant stock and the on-order stock. Which of the documents below belong to on-order stock? Purchase requisitions Purchase orders Sales orders Firm planned orders Fixed purchase requisitions Planned orders.
The low-level code is the lowest level in which a material appears in all BOMs. True False.
The plant parameters have higher priority than the MRP groups. True False.
In which screen areas can you break down a MRP list? Header Footer Items with information about the MRP elements Material tree Favorites Help area.
Which of the following procedures belong to the static lot-sizing procedure? Replenish to maximum stock level Monthly lot size Daily lot size Lot-for-lot order quantity Fixed lot size Least unit cost procedure.
Which of the objects listed below are a source of supply in SAP ERP? Plant Purchasing info record Blanket Purchase Order Source list Outline agreement item.
Which indicator must be set in the source list for a source of supply in order for this source to be taken into account in requirements planning? Deleted Fixed Blocked MRP-relevant Source list requirement.
Invoices that were created by evaluated receipt settlement are generally blocked for payment and are released automatically when the message is issued. True False.
For the evaluated receipt settlement, the following prerequisites must be fulfilled: The purchase order must be created automatically. The ERS delivery indicator must be set in the vendor master record. The ERS indicator must be set in the purchase order. A tax code must be specified in the order item. Freight conditions cannot be included in the PO price. The GR-based IV indicator must be set in the purchase order item.
Which statements apply for condition maintenance in purchasing information records? There is only ever one valid condition record for one date. If a new validity period exceeds an existing validity period completely, the latter is deleted when saving. If a condition record is created with a plant reference, no further condition records can subsequently be created without a plant reference. If a planned delivery time is entered in the purchasing information record, this is transferred to the material master record on saving as long as a different entry exists there.
What types of purchasing information records (= infotypes) are there? Standard Third-party Subcontracting Plant.
How do scheduling agreements differ from contracts? You can create contracts with reference to a scheduling agreement but you cannot create scheduling agreements with reference to a contract. Account assignment category U (unknown) is allowed in the contract but not in the scheduling agreement. Contracts can contain a plant but scheduling agreements have to. You can use item category W (material group) in both the contract and the scheduling agreement but you can only use item category M (material unknown) in the contract.
Which messages are possible for scheduling agreements with release documentation? Scheduling agreement (message type NEU) Forecast delivery schedule JIT delivery schedule Scheduling agreement delivery schedule line.
You create a requisition using source determination. When is a source found uniquely? When there is a valid quota arrangement. When there is no quota arrangement but a single valid info record exists as a source list entry without any other indicators. When there is no quota arrangement but several valid info records exist as source list entries without any other indicators. When there is no quota arrangement but multiple valid source list entries, of which both an outline agreement item and an info record are selected as fixed sources. Only when info records exist of which one is selected in the purchasing organization data as the regular vendor.
How do you block sources? Using a cross-plant vendor status in the vendor master record general data. Client-wide in the source list for a material. Plant-dependent in the source list for a material. Using a blocking indicator in the vendor master record purchasing data.
You want to create a purchase order but do not know the vendor. Which statement is applicable? You have to first create a requisition. You create a purchase order without a vendor, hold this and then assign a source to the purchase order using a collective transaction. Using the "Create PO, vendor unknown" function. You always have to use a one-time vendor.
Which documents can you not generate with the “Automatic Generation of Purchase Orders” transaction (ME59N)? Contract release orders SA delivery schedule lines Purchase orders RFQs.
No source was found in the assignment transaction “Assign Purchase Requisitions” during automatic source assignment. What can you do? Assign a source manually. Flag the purchase requisition for RFQ. Convert the purchase requisition directly to an RFQ to a one-time vendor. Block the purchase requisition automatically.
You would like to convert assigned purchase requisitions into follow-on documents. Which of the following statements apply? You can convert several requisition items from the same vendor to a purchase order. In this case, one requisition item is generated for each PO item. You can convert several requisition items from the same vendor to a purchase order. In doing so, requisition items with the same material are automatically combined for one PO item. If the assigned source was blocked after the assignment was made in the source list, it is not possible to convert the relevant requisition item. You can convert SA delivery schedule lines and contract release orders together.
What determines whether a requisition item is transferred directly to the document during conversion or displayed initially in the document overview? Personal settings in the PO transaction. Personal settings in the assignment transaction. User parameter EFB User parameter EVO.
Where in Purchasing Customizing can you maintain release strategies for Purchasing? At any document types. For requisitions and purchasing documents separately by document type. For requisitions and purchase orders regardless of the document type and for all other purchasing documents only with the appropriate document type. For requisitions with the document type purchase requisition and for purchase documents with any type of purchasing document, as these are all stored in the same table.
What is the maximum number of release codes you can use in a release strategy? 2 5 8 10.
No release procedure with classification is available for requisitions in your system. For which document data can you set up a release procedure without classification? Item category Account assignment category Plant Purchasing group.
What can you not do with a blocked purchase order? Output it Change it Call the preview Add another item to the purchase order.
The total value in the material master should be updated with a goods receipt posting. What should not be contained in a purchase order item? Account assignment category Material with standard price S (standard price) Material with price control V (moving average price) Item category K (consignment).
Which functions are not available in the Invoice Verification transaction MIRO? Table control Hold Message log Personal settings.
You are using the purchase-order-based Invoice Verification. Your purchase order has two items for the same material. There are four goods receipts posted for the first item and three goods receipts posted for the second item. What will the item list look like if you want to post the invoice for this purchase order but do not yet have an existing invoice? A line appears showing the total of all seven items. A line appears showing the total of all goods receipts in the first item and another line appears for the total of goods receipts for the second item. A line appears for each goods receipt posting. The items posted on the same day are grouped together. A line appears for each goods receipt.
You hold a document. What are the consequences of this? An accounting document is cr The system updates the purchase order history. A MM invoice document is created. The existence of the vendor is checked.
The following terms of payment are flagged in an invoice: 14 days 3% cash discount or 30 days net price. There is no default data from the purchase order. How do you enter the terms of payment? You go to the vendor master record and enter the terms of payment there. Once you have saved the data, it will be automatically copied to the current invoice. You enter a key manually for the terms of payment. You enter 14 days and 3% in the first line on the payment tab page, leave the second one blank and enter 30 days net price in the third line. You leave Invoice Verification, complete the terms of payment in the purchase order and create a new invoice. Now the system proposes the terms of payment from the purchase order automatically.
You have specified that the goods receipts can be posted as net. What should you pay attention to when posting the invoice? Nothing. In this case, the invoice is also posted as net automatically. The invoice should also be posted as net, otherwise an adjustment posting to the amount of the cash discount is carried out. If you post the invoice receipt as gross, the cash discount amount is posted to a stock account when there is price control V (moving price average) and sufficient material stock.
Which exchange rate is used to convert those invoices in a foreign currency? The exchange rate from the purchase order is used, if it is fixed there. The exchange rate of the particular day when the purchase order was created. The fixing indicator is irrelevant. The exchange rate from the day the invoice was entered, if it is not fixed in the purchase order. If the exchange rate is not fixed in the purchase order, the conversion is carried out using the average exchange rate from the date on the purchase order and from the current day.
You post an invoice with reference to a blanket purchase order. Which of the following statements apply? The GR/IR clearing account is credited. A posting is made to the consumption account. The system proposes the amount resulting from the difference between the overall limit and the actual value. If the blanket item contains account assignment data, it will be suggested.
For which variances can you store tolerance limits? Amounts for items without reference to a purchase order Time has been exceeded in the blanket purchase order Variance from the moving average price Variance from the standard price.
An invoice should be blocked depending on the quality inspection of any materials it contains. Which statements apply in this case? The invoice is blocked automatically when the goods receipt is posted as stock in the quality inspection, but not yet transferred to the unrestricted-use stock at the time of invoice verification. Quality Management procurement must be active for the relevant material. An invoice block occurs, if an inspection lot was not released at the time of invoice verification. For a purchase-order-based invoice verification, the system blocks an invoice, if there is a lot inspection from a previous delivery that was not released in the relevant purchase order item.
What should you pay particular attention to when dealing with invoice reductions? The indicator for invoice reduction must be selected in the item line. You must use the document type "invoice reduction". A collective invoice document is created. The reductions are deducted from the original amount in this invoice document. Two accounting documents are created: An invoice document and a credit memo document to the amount of the invoice reduction.
Which statement about vendor-specific tolerance is applicable? Vendor-specific tolerances are maintained in the purchasing data in the vendor master record. In the total-based invoice reduction, it is not necessary to search for the error in the item list. Any small differences specified for a tolerance key which are entered in the vendor master record, are posted to a separate G/L account. If the difference is larger than the defined tolerance for total-based invoice reduction, the invoice cannot be posted.
What do you have to do to release an invoice automatically? Today is the delivery date of a purchase order and the delivery was posted five days ago. There was a manual payment block which has since been canceled. The block occurred due to a quantity variance. The difference quantity has since been delivered. The block occurred due to a quantity variance. In the meantime, a credit memo for the difference quantity has been posted.
When should you choose the Subsequent debit/credit transaction in transaction MIRO? The system then posts an invoice for 97 pieces. Subsequently, three pieces are invoiced again, as the goods receipt check has discovered that the quantity shown in the delivery note has been exceeded by three pieces. The gold price was too low in an invoice for gold-plated parts. A second invoice is created to invoice the difference. One part has been inspected and found to be "faulty" but can still be partially used. The vendor sends us a credit memo for 10% of the original invoice amount. In the payment, the cash discount has been deducted, even though the cash discount period has expired. The vendor demands the cash discount back.
Which statements regarding delivery costs are correct? Planned delivery costs can only be posted after at least one invoice for goods/services items is posted. If the planned delivery costs are freight costs and there is a freight forwarder partner included in the document, the system automatically suggests it as an invoicing party. If the planned delivery costs are freight costs and there is a vendor for freight in the condition details included in the document, the system automatically suggests it as an invoicing party. Unplanned delivery costs are always apportioned on the basis of values in the current invoice document.
What should you pay attention to when you want to enter an invoice without reference to a purchase order in Logistics Invoice Verification? The tab page "G/L account" and "Material" should not be hidden by Customizing. The vendor cannot be a one-time-vendor. The currency must always be entered manually. The conditions of payment are not determined from the purchasing data, but instead from the accounting data in the vendor master record.
Which statements regarding credit memos are applicable? Credit memos must contain the same terms of payment as the original invoice. You can only enter credit memos for complete items. The differences in credit memos for partial quantities first have to be corrected using a reversal posting. You can also enter credit memos for blocked invoices. If you cancel an invoice, the system automatically generates a credit memo.
Which statement about Invoice Verification in the background is applicable? The Customizing settings for Invoice Verification in the background can be made separately but to the same extent as the Customizing settings for online Invoice Verification. In Invoice Verification in the background, only the difference for the complete document is determined. An item-related verification is not made. Incorrect items from the settlement program must always be manually verified to the end. Invoices processed in the background can be posted but blocked for payment if the invoice was posted before the delivery date of the order.
Which of the following points must be fulfilled in order to apply ERS to a purchase order item? The "Evaluated Receipt Settlement" indicator must be set in the document item. A tax code must be maintained for the document item. The "No ERS" indicator must not be set in the info record. The conditions of payment of the vendor who the settlement should be made for, must be maintained in the vendor's master record.
How can differences arise in the GR/IR clearing account? A vendor waives being charged for a purchase order item, because he executed the delivery as a free of charge sample delivery. A price variance is posted at invoice receipt. The goods receipt is posted as non-valuated. 100 pieces of a material were returned to the vendor, but only 98 were credited to his account because we damaged 2 pieces in transport.
Which information is used to check for duplicate invoices? Company code Purchasing organization Reference Invoice date Account assignment data for invoices to purchase order items with account assignment.
Which verifications can be entered in user-specific tolerance group values? Upper limit for each document Upper limit for each document item Cash discount for each document item Total-based acceptance of small differences.
Which screen area(s) in transaction MIGO for goods movements cannot be closed? Overview tree Header data Item overview Item details.
For which functions can you use MIGO? Entering a goods receipt with reference to another document. Entering a transfer posting without reference to another document. Creating a reservation. Displaying a purchase order. Displaying a material document. Deleting a material document.
Which of the following statements regarding other goods receipts is correct? Other goods receipts are receipts that cannot reference another document. These goods receipts are always non-valuated. The free-of-charge delivery does not belong to this form of goods receipt. An initial stock balance entry is an other goods receipt. You can enter a value manually for some of these goods receipts.
The posting of a free-of-charge delivery always leads merely to a change in the stock quantity. It does not cause a change in stock value. True False.
You enter a goods receipt against a production order. Which movement type do you choose if you wish to post the receipt to blocked stock? 105 505 525 101 501 521.
For a goods receipt posting to the goods receipt blocked stock, the following applies: The posting is always non-valuated Goods receipts using the goods receipt blocked stock can be preplanned as a required step in the process in the purchase order item Movement types 103 and 107 can be used for the posting. If a goods receipt is posted to the GR blocked stock, this quantity can also be settled.
What prerequisites must be fulfilled for the automatic generation of purchase orders? A reference purchasing organization must be assigned to the plant. Automatic PO generation must be allowed for the movement type. Automatic PO generation must be allowed for the plant. A purchasing info record must exist for the vendor – material –standard purchasing organization combination. The material must be managed as a valuated material. The material must be managed as a non-valuated material.
Which of the following statements is/are correct? A stock transfer between storage locations is not relevant to accounting. A stock transfer changes the properties of the material. You can enter stock transfers using the transaction MIGO. You can only carry out stock transfers using the one-step procedure. You can only carry out stock transfers using the two-step procedure. When the material is removed from storage, it is posted to stock in transfer. Stock in transfer is assigned to the issuing storage location.
Stock transfers between plants can be planned with purchase orders. You can connect to the functions of the application component Logistics Execution. True False.
The dynamic availability check takes into account stocks at the time of entry and future receipts and issues. You can set up the check for each transaction in the applications. True False.
Random samples and scrapping are goods movements that are not posted as consumption in the standard SAP system. Their entry in the system necessitates a cost-relevant account assignment. True False.
Which references can you choose in transaction MIGO for a goods issue? Reservation Purchase order Purchase requisition Planned order Production order Order.
For which elements should you allow negative stocks? Valuation area Plant Purchasing organization Storage location Special stocks Material (for each plant).
Which master data is required for the consignment process in the SAP system? Material master record Consignment master record Vendor master record Purchasing info record Customer master record Source list.
Which of the following statements is/are correct? The vendor consignment stock is special stock K. In a storage location with the Consignment indicator, you can only store consignment materials. Consignment materials can be stored in all three stock types in each storage location. For a consignment material order, use item category K. The purchase price is credited to the vendor as soon as the goods are withdrawn from the consignment stores. Liabilities are not settled individually, but collectively over a time period agreed with the vendor.
How can you create physical inventory documents in the standard system? Manually When entering the count When entering the count and simultaneously posting the difference With batch input sessions With batch input sessions when the count data is transferred With batch input sessions when the count data is transferred and the inventory difference is simultaneously posted.
Parameter EVO enables you to set the default value for the info update indicator on a user-dependent basis. True False.
Which of the following statements apply to the parameter EFB? The parameter EFB enables you to determine whether The price from the last purchase order appears as the default value when a new PO is created. The conditions in an outline agreement are displayed to a user. A user may create a PO without reference to a preceding document. The planned delivery time is checked against the delivery date during the source determination process.
The storage location key 0001 may be used multiple times. True False.
An accounting document is not generated for every GR posting referencing a PO. True False.
In the case of goods receipts into the warehouse or stores against a standard purchase order and against a stock transport order (for the same material and in the same plant), postings are always made to the same accounts. True False.
Each receipt against a purchase order is posted to a stock account. True False.
Delivery costs cannot be planned in a purchase order. Therefore you do not need an account for delivery costs. True False.
When a goods receipt is posted against a purchase order, the values of all planned delivery costs are always posted to a single collective account. True False.
The default account in purchasing can vary depending on the account assignment category used. True False.
In purchasing, a default account can be determined only for items with a material number. True False.
The default account in purchasing depends on the material group from the material master record. True False.
Only a single account can be suggested for items without a material master record. True False.
For items without a material master record, the system can suggest an account dependent on the material group of the item. True False.
Each company code can use a separate chart of accounts. True False.
The valuation grouping code 0001 can be assigned to each plant of company code 1000. True False.
A valuation class can be assigned to several account category references. True False.
Value strings can be changed and extended in each company according to particular requirements. True False.
Account keys are special keys for provisions that are made available for the different types of G/L account (such as for delivery accounts). True False.
Which operations are periodic invoicing plans suitable for? Rental payments Magazine subscriptions Electricity bills Credit card settlements.
Which statements about the subcontracting process are correct: You must set the special stock indicator O in the purchase order. You order material for a customer, which is then delivered directly to the customer by the vendor. The vendor must be entered in the material master record as an eligible manufacturer. The vendor must be entered in the BOM as an eligible manufacturer. In the purchase order, use item category L. You deliver components of the ordered material to the subcontractor.
In split valuation, you distinguish between materials by the valuation categories. You can define valuation types for this valuation category. For each material, you must then create an accounting view for each valuation type in which you want to use the material. True False.
Which methods can you use to maintain the cycle counting indicator? The cycle counting indicator can only be maintained manually in the material master record. The cycle counting indicator can be maintained manually in the material master record. The cycle counting indicator can be maintained with a report in the material master. A fixed indicator can only be changed with a report. A fixed indicator cannot be changed with a report. A fixed cycle counting indicator can only be changed manually in the material master record.
In the purchase order on which the goods receipt is based, you defined a purchase order unit that differs from the purchase order unit. What is the significance of the purchase order price unit and what should you take note of in the case of a goods receipts? The purchase order price unit is stored in the material master record or purchasing info record and defines the unit of measure in which the material is ordered. The system establishes the relationship between the purchase order price unit and the purchase order unit conversion in the purchase order. At the time of goods receipt, both the quantity in the purchase order unit and the quantity in the purchase order price unit have to be entered, however, the quantity in purchase order pice unit is calculated by the system. You have to change it when the calculated quantity differs from reality. Both at the time of goods receipt and invoice verification, the material is valuated on the basis of the purchase order unit.
You enter a goods issue and receive the following message: "W: On <current date>, only 0.000 pieces are available". What do you conclude from this? No stocks of the material exist anywhere in the entire plant. Therefore, nothing can be withdrawn. Only the specified storage location does not contain any stocks of the material. Therefore, nothing can be withdrawn. The material exist in the specified storage location on the current day, however, it is unavailable, because of other reservations. The message represents a warning which you can ignore by pressing the ENTER key.
Which of the following statements on procuring a material of the material type NLAG are correct? The purchase order must be acount assigned. The goods receipt must always be unvaluated. When you enter an invoice, you can change the account assignement as long as the goods receipt was unvaluated. When the material is for consumption, no document is ever created in Financial Acccounting.
Which of the following stock transfer are relevant to valuation? Stock transfer from storage location to storage location in the same plant or company code. Stock transfer from consignment stores of vendor XY to our unrestricted-use stock in storage location 0001. Stock transfer from stock in quality inspection in storage location 001 to stock in quality inspection in storage location 0002 in the same plant. Stock transfer of a material from storage location 0001 from plant 0001 to plant 0002. The plants belong to the same company, however the valuation areas are different (valuation level is plant).
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. 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? More than one answer is correct. 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? More than one answer is correct. Document category Document type Purchasing organization Company code Purchasing group.
What do you have to take into account when using split valuation? More than one answer is correct. 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.
You want to analyze the reasons for certain goods movements. To do this, you have to create reasons for goods movements in Customizing for Inventory Management. For what can you define reasons? Transactions User groups Movement types Document types.
What do you have to take into account regarding keys for organizational levels? You can use the same keys for plants in each company code. You can use the same keys for storage locations in each plant. You must use different keys for plants and company codes. You must use numeric keys.
What can you change in a material document after it has been posted? The text at item level The vendor delivery note number in the document header The stock type at item level The quantity at item level.
You want to create a purchase order item for a non-valuated material. Which of the following must you do? Select an account assignment category. Set the indicator for goods receipt. Set the indicator for invoice receipt. Set the indicator for non-valuated goods receipts.
For which of the following objects can you use a standard movement type to post a goods issue directly from the valuated stock? Production order Work center Project (WBS element) Profit center Cost center.
In which of the following cases do you have to enter a subsequent debit in Logistics Invoice Verification? You receive an invoice from a forwarding agent for unplanned delivery costs related to a purchase order item already invoiced. The vendor invoices a quantity higher than the delivered quantity for a purchase order item. You receive an invoice from a forwarding agent for unplanned delivery costs related to a delivery completed purchase order item. You receive an invoice in foreign currency and the current exchange rate is higher than the rate specified in the purchase order.
In which of the following cases can invoices be released automatically? The invoice was blocked due to a price variance. The buyer has now changed the price in the purchase order to the invoice price. The invoice was blocked stochastically. The invoice was blocked on the entry date due to date variance. The current date is identical to the delivery date of the order item for which the invoice was blocked. The invoice was blocked manually because the invoice price was lower than the order price. The buyer has now changed the price in the purchase order to the invoice price.
Which of the following objects can you reference when you enter an invoice in Logistics Invoice Verification? A service entry sheet A material document A vendor delivery note A different invoice from the vendor.
Which settings can be made for account assignment categories? The field selection for all fields of a purchase order item can be defined based on the account assignment category. The field selection for all fields of the purchase order header can be defined based on the account assignment category. New account assignment categories can be created in Customizing. The field selection for the account assignment fields of a purchase order item can be defined based on the account assignment category.
You want to transfer materials between two plants using stock transport orders. Which stock types can you use for postings with reference to stock transport orders in these plants? Issuing plant: Unrestricted-use stock, quality inspection stock, or blocked stock Receiving plant: Unrestricted-use stock, quality inspection stock, or blocked stock Issuing plant: Unrestricted-use stock Receiving plant: Unrestricted-use stock, quality inspection stock, or blocked stock Issuing plant: Unrestricted-use stock Receiving plant: Quality inspection stock or blocked stock Issuing plant: Unrestricted-use stock or quality inspection stock Receiving plant: Unrestricted-use stock or quality inspection stock.
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? True False.
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? True False.
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 At 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? True False.
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? True False.
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? True False.
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? True False.
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.
Which of the following statements is correct? GR blocked stock is always valuated, comparable with stock in quality inspection. The GR blocked stock can be valuated or unvaluated and is managed at plant level only. Purchase orders can be posted to general blocked stock or GR blocked stock using movement type 101. You post deliveries that are subject to conditional acceptance to non-valuated GR blocked stock upon receipt. You release GR blocked stock using special movement types (105 or 109).
Which master data must exist in the SAP system for the automatic generation of a PO when the goods are received? Bill of materials Material master record Outline agreement Source list Purchasing info record Vendor master record.
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 dependent on valuation area. Accounts configured to depend on debit/credit indicator.
On 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.
Which statements are correct? With the transaction for goods movements MIGO, you can post, display, and change material documents. Material documents with movement type 101 are canceled with movement type 102. You can enter subsequent deliveries for the material document. A reversal does not have any consequences in Financial Accounting. A return delivery has the same update in Financial Accounting as a reversal. You can only define reasons for reversal movement types in Customizing.
Which statements are correct? The system checks the shelf life expiration date for all goods receipts. You must set the check for the SLED in Customizing for plant and movement type. When the expiration date check is active and you enter the remaining shelf life in the material master record, the date of manufacture must be entered in the goods receipt. When the expiration date check is active and you enter the remaining shelf life in the material master record, the expiration date must be entered in the goods receipt. The total shelf life of the material can be maintained manually in the purchase order. The remaining shelf life of the material can be manually maintained in the purchase order.
Which of the following stock transfers is relevant to accounting? Stock transfer between storage locations of the same plant using the one-step or two-step procedure Stock transfers between storage locations in different plants using the one-step procedure Removal from storage in the case of a stock transfer between plants Placement in storage (putaway) in the case of a stock transfer between plants Stock transfers between storage locations in different company codes All stock transfers.
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.
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.
Invoices can be released on item and header level? True False.
On a Purchase Order with more than one line item, the different items can have prices (gross price condition) that are on different currencies? True False.
Public holidays are specified in the Factory calendar that are link to a specific Purchase Organization? True False.
A Material number template can be set per material type? True False.
The Quantity & Value update in the material type configuration can be set per Plant? True False.
Number ranges for Vendor Masters (set at Account Group) must be either Internal or External – it can not be both? True False.
Screen Sequence (which identifies the screen sequence for the display of the header details in the evaluation of the planning run) is set on lot size? True False.
Purchase Organization + Purchasing Groups = Purchasing Area? True False.
The validity period (start / end) can be entered in a Purchase Order and Purchase Requisition on header level? True False.
Transaction “Create PO, Vendor unknown” can be used to create Purchase Orders and Purchase Requisitions? True False.
With availability check, the current unrestricted stock can not be excluded from the calculation? True False.
Regular Vendor (used in Info Records) is activated per Purchase Organization? True False.
Freezing of Book inventory as used in Physical Inventory is only allowed if activated on Plant / S.Loc level? True False.
If the posting Block was set for Physical Inventory document, you will not be able to process material movements until the difference is posted? True False.
For invoice verification, a default tax code can be set up per company code? True False.
When creating Contracts, a Purchase Organization must be specified? True False.
One step Transfer postings can done between plants if the plants belong to different company codes? True False.
In external service management a service entry sheet is the same as a goods receipt? True False.
If the Source List selection is set in the material master then you must maintain a source list for the material? True False.
If the Quota Arrangement option is set in a material master then you must maintain a quota arrangement for the material? True False.
For valuation, a plant is assigned a chart of accounts? True False.
For a Framework requisition (type FO) the validity dates are entered on header level? True False.
MRP Area is a grouping of plants? True False.
MRP can create reservations? True False.
Exchange rates can be changed during invoice verification (ref to PO) but it must be done before the PO number is typed in? True False.
Manual postings to stock (GL) accounts can only be made if the current stock quantity is zero? True False.
A material type can be configured to allow pipeline or pipeline mandatory? True False.
Goods receipt to ‘GR block stock’ for valuated material will create a material document? True False.
Only one plant / storage location can be used in one Physical Inventory document? True False.
Consignment info records can only be created in the currency of the company? True False.
The same material (for a specific plant) can be set up for either batch management or split valuation, not both? True False.
For MRP to create stock transport requisitions (PR with item category U) a source list must be set up? True False.
When creating a Purchase Requisition for a material the price in the PR is from the material master? True False.
Source lists can be created for a material group? True False.
Planned delivery costs is specified in pricing conditions and can not be changed during invoicing? True False.
Field selection can be linked to release indicator (status)? True False.
Returnable transport packaging stocks are never valued? True False.
Consignment stock can be receipted in block stock? True False.
Stock can only go negative if the material is valued as standard price, not moving average price? True False.
Reservations that are flagged for deletion can be un-deleted by simply removing the flag? True False.
Purchase requisitions that are flagged for deletion can be un-deleted by simply removing the flag? True False.
Requirements date on a reservation is specified on header level? True False.
If the ‘Shelf live expiration date’ (SLED) is set in the material master but not in the Purchase Order then it will not be checked during Goods Receipt? True False.
End User training takes place during the Go-Live and Support phase of a project? True False.
SAP Solution Manager provides the methodology through 3 roadmaps – Implementation, Solution Management & Global? True False.
A Parked invoice is visible in the PO History? True False.
A “Hold document” (invoice) is only visible in PO History if the balance is zero? True False.
Automatic Invoice reduction can take place if the vendor specific tolerance is set up. Invoice reduction can only take place for positive differences and not for negative diverences? True False.
Subsequent debit / credit will not post to GR/IR account? True False.
Unplanned delivery costs will always post either to stock or consumption account? True False.
The duplicate invoice check is activated on company code level? True False.
Account assignment U can be used in PR and contract but not in Purchase Orders? True False.
The same Valuation Grouping code can be linked to multiple plants belonging to different company codes? True False.
Configuration takes place during the realization phase? True False.
The project definition activity takes place in Blueprint phase? True False.
For missing parts check to function, the availability checking must be activated for a material? True False.
A message schema contains message types? True False.
A Quote can be accepted or rejected? True False.
In the material type configuration a setting is available to indicate if the material can be managed as consignment stock? True False.
Reservations from production are called manual reservations? True False.
Which of the following are examples of Organizational elements in SAP? Company Code Material Vendor Purchase Organization Plant.
A material master has been created for material 1234 in Plant 1000. You want to extend the material master to Plant 1100 for Purchasing, Storage and Accounting. Which transaction would you use? Change Material Master record. Create Material Master record. Extend Material Master record. Display Material Master record. Maintain Material Master record.
You wish to procure a material using a Purchase Order. You wish to take delivery of the material at different times. A graduated discount scale exists for the material. How do you proceed if you wish to take advantage of the discount arrangement? Enter several order items with the same material number and different delivery dates. Enter one order item with the material number and assign the material to different accounts. Enter an order item with the material number and create a number of schedule lines. Enter a number of purchase orders for the material and specify different delivery dates. Enter an order item with the material number and in the Purchase order header text field you specify the delivery dates and discount scales.
To view the most up to date planning data (available stock, orders, reservations, etc.) on a material, use the: Stock Overview report. List display of material and accounting documents. MRP list. Stock Requirement list. Standard Analysis for a material.
A material forecast can be used by the following MRP types: Manual Reorder point planning. Automatic reorder point planning. Forecast based planning. Time phased planning. Storage location MRP.
Materials planning can be set to automatically generate: Contracts Purchase Requisitions. Purchase Orders. Planned Orders. Delivery Schedules.
The following are lot sizing rules available for SAP R/3: Fixed lot size. Replenish to maximum stock level. Weekly lot size. Daily lot size. Economic order quantity.
Purchase Information records can be created or updated from: Purchase Requisitions Purchase Orders Quotations Contracts Source Lists.
Which of the following apply to Purchase Orders? The vendor must be specified in the Purchase Order Header All materials on a purchase order must be procured through the same purchasing group All materials on a purchase order must be of the same material group Discounts and surcharges can be maintained in the document header Discounts and surcharges can be maintained at line item level.
Which of the following is an Account Assignment category? Material Group Purchase Requisition Sales Order Release Code G/L Account.
Which of the following are Item Categories? Consignment Service Manufacturing Cost Centre Subcontracting.
Which of the following documents can be subject to release (approval) procedure? Planned Order Purchase Requisition Scheduling Agreement Purchase Order RFQ.
In Source lists the following can be sources of supply: Vendor Contract Scheduling Agreement Quotation Quota Arrangement.
With automatic source determination, in which sequence does the SAP R/3 system search for possible sources of supply? Source List, Quota Arrangement, Contract, Information Record Quota Arrangement, Contract, Information Record, Source List Quota Arrangement, Source List, Contract, Information Record Source List, Contract, Quota Arrangement, Information Record None of the above.
Which of the following documents can be printed in SAP? RFQ Purchase Order Service Entry Sheet Purchase requisition Contract.
Which of the following document types can appear in the purchase order history for a purchase order line item? Another purchase order A goods receipt material document A service entry sheet An invoice A release procedure.
In which ways can purchase requisitions be created? From contracts From source lists From material requirements planning Manually From delivery schedules.
A vendor has agreed to give your company a discount on all purchases during the festive season. What would be the quickest way of specifying this discount? Maintain the pricing conditions in all information records with the vendor to indicate the discount. Maintain the pricing condition in all contracts with the vendor to indicate the discount. Maintain the pricing conditions in the vendor master record to indicate the discount. Maintain all source lists that uses the vendor to indicate the discount. Maintain extended conditions against the vendor to indicate the discount.
A purchase order has been placed with a vendor for 100 pieces of material 1234. An over delivery tolerance of 5% has been specified for the material. The vendor has already delivered 20 pieces of material 1234 against the purchase order. When posting the next goods receipt against the purchase order, the SAP system will propose the following quantities of material 1234 for goods receipt: 0 pieces. 85 pieces. 20 pieces. 100 pieces. 80 pieces.
A purchase order has been placed with a vendor for 100 pieces of material 1234. An over delivery tolerance of 5% has been specified for the material. The vendor has already delivered 95 pieces of material 1234 against the purchase order. The delivery complete indicator has been set for the material in the purchase order. When posting the next goods receipt against the purchase order, the SAP system will propose the following quantities of material 1234 for goods receipt: 0 pieces. 100 pieces. 10 pieces. 5 pieces. No goods receipt will be allowed against the purchase order.
You want to create a purchase order for external services. At the purchase order line level: The account assignment category for Cost Centres or Orders must be used. The item category for services must be specified. The account assignment category for services must be specified. The item category unknown must be specified. The account assignment category for text items must be specified.
Purchasing pricing conditions can be maintained in: Contracts Purchase orders Source lists Information records Quota Arrangements.
Reservations can be created for: Goods receipt for purchase order Goods receipt without a purchase order Goods issue to a cost centre Scrapping Transfer of stock from quality inspection to unrestricted stock.
Stocks can be withdrawn from the stores for consumption to a cost centre: From quality inspection stock. From blocked stock. From goods receipt blocked stock. From unrestricted use stock. From In-Transit stock.
Normal stock items that are received with reference to a purchase order can be received into: Quality inspection stock. Block stock. Goods receipt block stock. Unrestricted use stock. In-Transit stock.
Which of the following stocks belong to a vendor, but are stored on your company’s premises? Materials provided to a sub contractor. Vendor consignment stock. Returnable transport packaging. Block stock. Stock in transit.
Which of the following stock types can be counted through Physical Inventory procedure? Unrestricted use stock. Block stock. Quality Inspection stock. Vendor consignment stock. In-transit stock.
A cost centre has reserved a quantity of a stock item for issue. When issuing the stock with reference to the reservation, the following quantity is proposed: Total available plant stock for the material. Total available storage location stock for the material. (a) or (b), whichever is the smallest. Total reserved quantity on the reservation. Open quantity on the reservation (Reserved, but not issued).
Which of the following cab possibly influence the valuation price of a moving average priced material? Goods receipt for a purchase order. Goods Issue to a cost centre. Invoice verification against a purchase order. Stock transfer between two storage locations in the same plant. Transfer posting from unrestricted use stock to quality inspection.
Variants can be used to: Define default report formats such as column width and sort sequence. Save reports. Automatically execute reports. Combine multiple reports into a summarized report. Store user defined selection criteria for reports and analysis.
The following are examples of characteristics in the LIS: Plant Material Order quantity Month Total stock value.
In the SAP system a user can operate in the following hierarchies. Service level Application level Main menu level Month Total stock value.
In cross plant procurement a purchase organisation procures material and services for: Several purchasing groups. Multiple plants belonging Multiple plants belonging to the same company code. A single plant belonging to different company codes. One specific plant.
After a material master record has been created: Only the views created can be displayed. Information in new views can be added by changing the record. The material number cannot be changed. All information is stored at plant level. The material type is displayed in the Basic data view.
The material type will determine the following? Which views can be maintained. The procurement type allowed for the material. The valuation class. The short text description. All of the above.
The following terminology applies to the classification system: Object value. Class Item Object Characteristic value.
The main aim of materials planning is to determine The total sales figures for a given period. The buyers responsible for ordering materials. The difference between ordered quantities and consumption. The requirement of specific quantities of materials at specific times. The quantity of material required in order to make a profit.
Once a planned order is generated by materials planning: It can only be converted in to a production order. It can be converted into a purchase order. It can only be converted into a purchase requisition. It can be converted into a purchase requisition or purchase order. It can be converted into a purchase requisition or production order.
Which of the following are true about Consumption Base Planning? Future requirements are calculated from past consumption values. Unforeseen consumption activity is covered by safety stock. It is useful for A type materials (in the ABC analysis of materials). It is assumed that the requirements will fluctuate. It is particularly applicable to internally procured materials.
Your planning department is using a Forecast Model for materials planning. It has been established that while demand for the particular material is projected to increase steadily as market share is increased, the fluctuating tourist demand will affect the overall requirements. Which forecast model will best address this requirement? The Constant model. The Constant trend model. The Seasonal trend model. The Fluctuating trend model. The Seasonal model.
In backward scheduling for external procurement: The GR processing time is calculated in calendar days. The planned delivery time is calculated in work days. The planned delivery time is set at plant level. The PO processing time is material specific. None of the above.
Which of the following statements are true with regard to RFQ’s and Quotations? Each RFQ and quotation must have a separate number. An RFQ can be created manually or with reference to purchase order. By comparing vendor quotations, the system can determine a ranking list. Conditions attached to quotations can be saved as info records. Unsuccessful quotations can automatically be rejected.
In the SAP system, the reference document used in the purchasing cycle is the: Purchase requisition. Info record. Source list. Purchase Order. None of the above.
Which of the following statements are true about SAP purchasing documents? All purchasing documents have header items and line items. Purchase requisitions cannot be printed. An account assignment category must be entered for a consumable material. The item category defines which process is used to procure a material. A vendor cannot be assignment to a purchase requisition.
Which of the following statements apply to release procedures? Only purchase requisitions, purchase orders, RFQ’s and contracts can be blocked. Blocked purchase orders can be sent to vendors but the order cannot be receipted. More than one user may be required to release the document. Blocked documents can be released collectively or individually. Release purchase requisitions can be printed.
Which of the following apply to conditions? An info record, quotation and outline agreement conditions are master conditions. Conditions are item specific. Master conditions can be set for a future date. Conditions determine the effective price of a material. A special anniversary discount from a vendor could be an extended condition.
In SAP purchasing contracts, which of the following statements are true? A value contract has a validity period but a quantity contract has not. Contracts can only be created referencing an RFQ, another contract or requisition. Item category M (material unknown) cannot be used for value contracts. When creating a release order, item categories M and W must be deleted. A centrally agreed contract can be used to negotiate better prices from a vendor.
As of SAP release 4.0, the following are true for scheduling agreements: JIT scheduling must be used for time critical materials. Schedule lines can be created automatically via MRP. With agreement type LPA, the delivery schedule cannot be changed. You are liable for all costs of a cancelled delivery in the trade off zone. Account assignment categories must be determined in scheduling agreements.
Source lists can be maintained in the following ways: Manually While creating a contract. Automatically With reference to a purchase order. From another source list.
If a source list is flagged as mandatory in the material master record: All materials purchased in the same plant require source lists. A material can be purchased without a source list if a contract exists. The material can only be procured from vendors in the source list. The material can be purchased from any vendor as long as a source list exists. A requisition for the material can be created without a source list.
Your organisation has purchasing agreements with more than one supplier of a particular material. When using automatic source determination on SAP system: A quota arrangement will determine the cheapest source. Internal procurement cannot be supported with quota arrangements. The vendor selected by the quota arrangement has the highest quota rating. Manually created requisitions can be split if the lot sizing key ES is set. Quota arrangements take precedence over other purchasing documents.
Your system is configured to support your buying department in automatic source determination. Which of the following statements are true? A material master record must exist for a source to be determined. A vendor cannot be used if it is blocked in the source list. A quota arrangement, source list or outline agreement must exist. If the regular vendor is set in customising, this vendor can only be used. None of the above.
A purchase order can be created on the SAP system: Independently of any other purchasing documents. Only if a requisition, outline agreement, or quotation exist on the system. As a release order if it created with reference to a contract. Without entering a purchasing group if a vendor master exists. By converting a requisition by a planning run.
When creating a vendor master record, the account group determines, among other things: Whether internal or external number assignment is required. Which fields must be entered in the selected views. The material you can purchase from this vendor. Which partner roles are valid with this vendor. The maximum order quantity you can place with the vendor.
When creating a purchase order for a material with a material master record: The net price will be suggested from the accounting view. It is not necessary to enter a purchasing group A stock transport order can be created if the material is made by your company. The short text and material group do not have to be manually entered. The plant or plants will be suggested automatically by the system.
In the SAP system, which of the following activities are covered by inventory Management? Goods issues. Goods Receipts. Reservations Consignment Subcontracting.
A delivery arrives at your warehouse for which no purchase order exists. In the SAP system, which of the following options are available to you: Depending on the movement type, the system can generate a purchase order. The item can only be received if the goods are non valuated. You have to return the goods as a PO must be referenced with a goods receipt. Receive the goods to block stock if the value is indicated on the delivery note. The goods are received into GR blocked stock.
A service master record contains the following: A material master number. Text. A base unit of measure. Conditions. A valuation class for account determination.
A service entry sheet can be captured against: Purchase requisition. Outline agreement. Purchase Order. Master Service Schedule. Invoice.
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 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-.
Which of the following statements is correct? For reservations, you can only post goods movements if the Final Issue Effected indicator is not set. For reservations, you can only post goods movements if the Final issue Effected indicator is not set and the Movement Allowed indicator is set. For reservations, you can only post goods movements if the Movement Allowed indicator is set. Only automatically-created reservations are relevant for planning.
In which of the following cases is the goods receipt always posted as non-valuated? Goods receipt to the stock of material provided to vendor Goods receipt for initial stock entry Goods receipt for a free-of-charge delivery Goods receipt to the consignment stock.
What does an account group determine when vendor master records are created? The field selection when a vendor master record is created for vendors in this account group The sequence of tab pages when a vendor master record is created for vendors in this account group The interval of the number assignment (internal or external) The number range in which a vendor master record must be created for this account group The default setting of the info update indicator in purchase orders for vendors in this account group.
Which field attribute is given the highest priority in the field selection control? Display Required entry field Suppress Optional field.
Which of the following objects can you reference when you enter an invoice in Logistics Invoice Verification? A vendor delivery note A service entry sheet A different invoice from the vendor A material document A purchase order.
For a material without a material master record, a source of supply is to be found when a purchase requisition is created. You request 10 pallets of copier paper belonging to material group 4711. Which of the following sources of supply is proposed by the system? Quantity contract for over 500 pallets of copier paper for a stock material that belongs to material group 4711 Value contract with item category W (material group) for articles of material group 4711 SRM central contract with item category M (material unknown) for 100 tons of copier paper of material group 4711 Value contract for material 4711.
What can you define for a movement type in Customizing? The reversal movement types for a movement type The quantity and value updates for postings with a movement type The transactions in which a movement type can be used The number range for material documents that are generated when postings are made with a movement type.
Which of the following elements belong to warehouse stock available for MRP in net requirement calculation? Fixed purchase requisitions Non-valuated goods receipt blocked stock Warehouse stock On-order stock Reorder point.
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