Test

When dealing with Returnable Transport Packaging, you can: Maintain data either manually or automatically with every goods movement or inventory. Maintain data at the storage location level. Have negative stock. Carry out transfer postings between storage locations. View the RTP stock in your plant via the stock overview list.

Which of the following occurs for items subject to conditional acceptance when they are posted to Goods Receipt Blocked Stock?. Quantities are not posted to stock. Accounting documents are created but parked awaiting Material acceptance. The transaction is entered into PO history. The goods receipt is not valuated. Quantities are posted to stock.

Which of the following stock transfers/transfer postings are relevant to valuation?. Stock transfer from storage location to storage location within the same plant or company code. Stock transfer from consignment stores of vendor XY to our unrestricted-use stock in storage location 0001. Transfer posting from stock in quality inspection in storage location 001 to stock in quality inspection in storage location 0002 within 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). Transfer posting of a material from blocked stock into quality inspection.

What elements in a Purchase Order only exist in the Header?. Vendor account number. Purchasing Plant. Order currency. Delivery Date.

Which of the following two responses are correct regarding the checking of the shelf life expiration date: The shelf life expiration date check has to be activated at the movement type. The minimum remaining shelf life has to be maintained in the material master and the purchase order. The minimum remaining shelf life has to be maintained in the material master or the purchase order. The minimum remaining shelf life can be entered as the actual expiry date. The shelf life expiration date check does not have to be activated for the movement type.

Which of the following statements is correct about tolerances?. If an upper tolerance limit is exceeded in an invoice, the R/3 system blocks payment of the entire invoice when it is posted. Tolerance limits for invoices are set at customising for each variance type. There are five types of variance. You can set special tolerances for vendors in the vendor master record. The greater the purchase order price, the lower the tolerated quantity variance.

undefinedPrice differences are posted to price difference accounts when: Inventory adjustments via a stock take are applied. The invoice for an order item is paid for at a price different to that on the PO item. The price is changed via the price change transaction and there is stock on hand. Price control is changed between S and V and stock on hand is > 0.

undefinedWhich of the following statements about valuation classes are true?. The valuation class is maintained in the material master record at the storage location level. With that, a split valuation per storage location is possible. The valuation class is maintained in the material master record at valuation area level. With that, different account determination is possible for the materials of one material type. For example, you can have different material stock accounts for different materials of the same material type. The valuation class is a standard class of the classification system. A characteristic of this class refers to the moving average price or standard price in the accounting view in the material master record. With that, it is possible to search for materials with similar prices. The search is possible with direct values, intervals and greater than / less than relationships. The valuation classes will be tied to one or more material types via an account category reference. The valuation class defaulted from the field selection key assigned to the material type.

undefinedIn the purchase order on which the goods receipt is based, you defined a purchase order price 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 receipt?. 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 by 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 price 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.

To convert a purchase requisition to a purchase order in optimized purchasing, which of the following are required?. Client. Vendor. Material. Delivery Type. Plant. Price.

For invoice reductions which of the following are true?. Credit memos are automatically generated from a reduced invoice. One standard accounting document is created for a reduced invoice. There are no records in PO history for a reduced invoice. The invoice document is listed in Purchase Order history with the suggested quantity as invoice quantity. No messages are created in an invoice reduction to alert the vendor of the change.

The maintenance of material master data can be a complex activity. Which of the following can be used as entry aids?. Personal settings within the user defaults. Mass Maintenance. MRP and forecasting profiles. Collective entry of Storage locations. Collective entry of warehouses.

Which of the following Inventory movements may create an accounting document?. A movement from one storage location to another. A movement from one plant to another. A movement from one stock type to another. A movement from one plant to stock in transit. A receipt into consignment stock from a Purchase Order.

When performing a goods issue, when would you include an account assignment?. Scrapping and sampling. Scrapping and reference to a reservation. Sampling and reference to an order. Reference to a bill of material. Reference to a reservation.

Which of the following statements are true about the organisational levels of a vendor master record?. General Data, which includes the vendors address and bank details, are at Client level. Purchasing data can be set at Client level but is generally set at Purchasing Group level. Purchasing data can be set differently for plant and vendor sub-ranges. Accounting data is maintained at company code level if being maintained by the accounting department or at purchasing organization level if being maintained by the purchasing department. The vendor reconciliation account is defined at client level to facilitate the distribution of open items using ALE.

Which of the following will occur when reversing a goods issue? (Only 1 response is correct). Reserved stock decreases and a material document is created. Reserved stock decreases and a material document is removed. Reserved stock increases and an accounting document is removed. Reserved stock increases and a material document is created. Total valuated stock increases and a material document is removed.

undefinedWhich of the following statements are true about total based acceptance?. Tolerance ranges for invoice acceptance may be set at client level. Tolerance ranges for invoice acceptance may be set at company level. Tolerance groups may be set up with vendors assigned to them. These groups have a range of tolerances assigned to them in configuration. Tolerance groups cannot be set at the vendor master level. Vendors who are assigned to a tolerance group may also be assigned a vendor specific tolerance.

undefinedWhich of the following statements about goods movements are true?. When processing a goods movement from one storage location to another, an accounting document may be generated. When processing a goods movement from one plant to another plant, an accounting document may be generated. When processing a goods movement from one Company Code to another Company Code, an accounting document may be generated. When processing a transfer posting from one stock type to another stock type, an accounting document may be generated.

undefinedWhen or where would you enter the shelf life expiration date of a material? (Only 1 response is correct.). Material Master. Goods Receipt. Purchase Order. Invoice Entry.

Which of the following statements on price control in the SAP R/3 system are correct?. Price control S allows only purchase orders with constant prices. Therefore, for purchased materials with price control S, you should arrange outline agreements to protect the constant price. Price control V is recommended for purchased materials. If a goods issue is posted between when you post the goods receipt and when you post the invoice, and this leads to the total stock being smaller that the quantity to be settled, the system posts any differences between the purchase order price and the invoice for the quantity consumed (stock shortage) to a price difference account, irrespective of the price control that the material is subject to. The importance of price control V depends on whether the material ledger is active or not. If you are not working with the material ledger, price control V means that you are using the moving average price. This means that the value of the stock account and the price per price unit is adjusted for existing stocks. In the case of differences between the purchase order price and the valuation price in the material master, the difference is posted to a GR/IR clearing account at goods receipt if you are working with price control S. This is then cleared when the invoice is posted.

Which of the following are stock types that indicate material usability in Inventory Management?. Unrestricted use Stock. Critical Spares Stock. Quality Inspection Stock. Blocked Stock. Non valuated stock.

Consumption based planning is useful for: Low value materials. Materials you manufacture. Externally procured materials. Trading goods. All of the above.

Which of the following are controlled by the account assignment category?. Whether the item is a blanket order item. Whether you can post a goods receipt. If valuated info records can be created. What fields on a Purchase Order you can see. If you can post an invoice receipt.

Which of the following statements about the material number are true?. You can extend the length of the material number to a maximum of 40 characters. You configure this in Customizing. When you create a material, the system checks if the material number falls within a number range defined in Customizing, depending on the material type. The system checks the existence of the material number in all transactions that work with material master records. When you create a new material master record without specifying a material number, the system always generates a material number automatically. You can use a template to format the material number, which you configure in Customizing. It applies to all material master records in an R/3 System.

What can determine whether purchase requisitions are a direct output from MRP? (Only one response is correct). Planning horizon. Create purchase requisition indicator. MRP controller value assigned to the material. Floats for scheduling defined in the IMG. Vendor type.

Forward scheduling for external procurement with reorder point planning takes into account which of the following: (more than one response is correct). Forecast period. Opening period. Planned delivery time. Goods receipt processing time. Processing time for purchasing.

Which of the following are account assignment objects when raising a Purchase Requisition for non-stock materials?. A: Asset. D: Service. F: Order. K: Cost Centre. S: Third Party.

Purchase Order history is updated when which of the following occurs?. Invoice receipt. Stock transfer. Goods receipt. Material revaluation. Order acknowledgement.

Which of the following statements are true regarding credit memos?. They would be sent from a vendor if you were undercharged. They can be entered in LIV. They can be created with reference to a goods receipt. They cannot be entered using the MIRA invoice entry in the background function. Be created with a reference to a Purchase Order.

The following models are available for forecasting in SAP: Multi Causal Model. Constant model. Seasonal model. Seasonal model. Basic value model.

undefinedWhich of the following statements are true about the functionality offered by RFQs?. You have the option of saving as vendor master data records the conditions of quotations in which you are interested. You can link RFQs that belong together with the help of a collective number, this number can be set in configuration as user defined or as system generated. The collective number can have a maximum of ten characters and can be alphanumeric. You can enter request for quotation manually or with reference to a purchase requisition. Quotations are entered as a result of receiving the purchase requisition from the vendor.

Which of the following are organisational elements in SAP?. Plant. Purchase Order. Vendor. Material Master. Storage Location. Company Code.

What does the account group control in a vendor master?. Account determination. Field selection in the vendor master. Type of number assignment for vendor master. Particular use of vendor master record in your business. Use of vendor specific tolerances.

Which prerequisites must be fulfilled before a new MRP list can be created for a material?. The material was included in the planning run. The creation indicator allows the creation of MRP lists. The material has been assigned an MRP group. The material has been assigned an MRP profile. The planning run is carried out in the background.

Which of the following functions need to be disabled in order to use Partial Invoice Plans?. Goods Receipt Indicator. GR-Based-IV. ERS. Invoice Receipt. Final Invoice.

Which of the following statements are true?. You cannot post a reservation that exceeds available stock. If an accounting document is posted from a goods movement, a undefinedmaterial document is always posted as well. Consignment stock issues to a cost centre create an accounting document. Receipts of Vendor consignment stocks do not appear in inventory. A vendors consignment price must be defined before a goods receipt.

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 exists 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.

Reservations are generated from the following areas: Manually by users. From a maintenance order. From a scheduling agreement. From MRP. From within stock requirements list.

Which of the following can be modified in the IMG for material master records?. Field Selection. Partner Roles. Basic settings. Tools. Partner Schema.

Which of the following statements are correct regarding Blanket Purchase Orders. A blanket PO only requires an invoice to be posted following each service delivery. A blanket PO is only raised for Services. No Goods Receipt is carried out on Blanket Order POs. A Blanket PO is always raised directly from the standard Purchase Order creation transaction. Blanket POs will allow posting of cumulative values over the limits imposed in the PO.

Which of the following statements are correct about the processing of a quotation?. When using one-time vendors, the data that is brought in from the Vendor master record includes the address, reconciliation account and purchase organization. You can set a rejection indicator for quotation items for which you are not interested. This allows the system to issue rejection letters. The mean value of the quotation can be saved as the market price and can later be used as the basis for vendor evaluation. Conditions are used in quotations to help determine price. These conditions include items such as delivery price; discount and Customs duty but never include gross pricing or freight cost as these are maintained in the purchase info records.

Where can you set the dates for a periodic invoicing plan used in a Purchase Order?. Customizing. Goods Receipt. Info Record. Vendor Master. Material Master. Purchase Order.

You can create an RFQ with reference to which of the following documents?. Purchase requisition. Purchase order. Outline agreement. Goods receipt. Other RFQs.

Which of the following is true about releasing blocked invoices?. On the initial screen for releasing blocked invoices, there are three process controls: Release manually; Release automatically and Change baseline date for payment. Two items on the same invoice that had blocking reasons that no longer apply need to be individually released. You can release invoices automatically in the background using the program RM08RELEASE only if this has been allowed in customising. The R/3 system displays the blocked invoice items in a list, this list can be organised to suit your needs. In the period between blocking and releasing an invoice, the cash discount period could expire. You can extend this period by selecting to move the cash discount date from within the item list.

In the period between blocking and releasing an invoice, the cash discount period could expire. You can extend this period by selecting to move the cash discount date from within the item list. Specify a price. Specify a condition. Reference the purchasing item when posting an invoice receipt. Both a) and b) above. a), b) and c) above.

Shelf life expiration date (SLED) is checked only if the following conditions have been fulfilled?. The SLED is active in the storage location. The SLED is active in the plant. The SLED check is activated for this movement type. The SLED has been set in the reservation. The minimum remaining shelf life has been maintained in the Material Master.

When raising a Purchase Order for stock materials, which of the following statements are correct?. No account assignment category is required when purchasing stock materials. The moving average price is not updated in the material master. Entry of a material number is required. A value posting to stock accounts will occur. A posting is made to a consumption account to record a commitment.

Name four influencing factors for material field selection. Material Type. Costing Control. Industry Sector. Transaction. Plant.

Which of the following statements regarding Purchasing Organisations are correct?. The Purchasing Organisation is legally responsible for transactions made in Purchasing. In the standard system you store all conditions available with reference to the Plant. A Purchasing Organisation cannot access info records and contracts created by other Purchasing Organisation. The R/3 system derives the company code for a purchasing transaction, if the Purchasing Organisation is assigned to a company code. You can model a central purchasing structure where you do not assign the structure to a company code.

When carrying out Physical Inventory counts, which of the following statements are correct. Physical Inventory is carried out at Plant and Purchasing org level. Separate counts must be carried out for special stock types. Unrestricted stock, quality inspection stock and blocked stock can be included in counts. Physical inventory counts cannot be carried out until the blocking materials for posting flag has been checked. You can post differences to the count, without carrying out a re-count.

What must you take into account if you want to post an invoice before an expected goods receipt?. You must set the GR-based invoice verification indicator in the purchase order. Before you enter the invoice, you must set the GR-based invoice verification indicator in the vendor master record. The system cannot refer to the quantity to be settled and the corresponding amount. You must enter this information manually every time. The system identifies a quantity variance and blocks the invoice for payment (provided that the appropriate tolerance limits are exceeded).

undefinedWhich of the following is true about maintaining the GR/IR Clearing account?. You can choose to clear GR/IR clearing accounts automatically for a vendor by setting defaults in the Vendor master record. The function is located in Conventional Invoice Verification. The document created when clearing this account cannot be reversed. The GR/IR clearing account is cleared automatically for a purchase order when the delivered quantity and the invoiced quantity are the same. In the initial screen for the maintenance function it is possible to set the period for clearing the account by nominating the posting period that the purchase order was invoiced.

Which MRP procedures are used in consumption-based planning?. Forecast-based Planning. Material requirements Planning. Manual reorder point Planning. Systematic materials Planning. Time-phased materials Planning.

Which of the following statements are true?. Stocks are managed at storage loc level on a quantity basis only. A storage location number can be used across many plants. Physical Inventory is carried out at Plant level. You cannot carry out product costing across plants. A plant can be assigned to more than one Company code.

Name three influencing factors for Vendor field selection. Transaction. Plant. Account group. Number range. Accounting data.

Which of the following are prerequisites for automatic generation of schedule lines by MRP?. The scheduling agreement must be uniquely defined as the source of supply. Automatically generated schedule lines must be allowed by the source list (MRP indicator 2). Automatically generated schedule lines must be allowed in the MRP system. The vendor must be flagged as allowed to enter into a scheduling agreement. The material master must be flagged for automatic Purchase Order.

When you post a goods receipt for a Purchase Order, which of the following documents are created?. Movement document. Material document. Invoicing document. Accounting document. Inventory document.

The nomination of the material type controls some functions associated with the material. These functions include. The type of number assignment i.e. internal or external. Which department specific data is required. The organisational levels applicable to the material. Whether or not a PO can be automatically generated for this material. Defining the cost centre to be used for non-stock purchases.

Which of the following statements are true about pricing conditions?. Pricing conditions can reflect early payment discounts. Pricing conditions are only used as part of net price calculation. Price/Quantity scales can be set in price conditions if they are flagged in the condition record. Conditions in info records, contracts and extended conditions are time dependent. Item conditions can be set at the header level to apply to all items in a PO. Statistical pricing conditions can be displayed at items and header level of a Purchase Order.

Which of the following is an effect of scrapping a material that is no longer in use? (Only 1 response is correct). The cost centre you enter is credited. The stock in question remains constant but is marked as Blocked for future use. Stock of the material to be scrapped is diminished. The value of the scrapped material is debited against the stock account. undefinede)None of the above.

At which level is physical inventory carried out in Inventory Management? (Only 1 response is correct). At material level. At material/stock type level. At material/plant/stock type level. At material/plant/storage location/stock type level. At valuation area/valuation type level.

Which of the following statements are true about invoice verification?. You can configure which tax code is suggested for each company code when you enter an invoice. You can set in customising for the vendor, that the system will only distribute unplanned delivery costs to a price variance G/L account. If the display list variants supplied by SAP do not meet your needs then you can customise new variants. Tolerance keys can be set for checks on the item amount, small differences and the maximum price change. In the case of a price variance, the R/3 system can inform the Purchasing Organization by e-mail.

Which of the following statements relating to Cycle Counting are correct. Cycle counting is carried out on every material once only per year. Cycle counting is set at plant level. You can set the indicators for material to be included in cycle counting only manually. Cycle counting is carried out on items that have been given a cycle count indicator in the material master. The interval between inventories is set in Customising.

Which of the following does an account group control?. Field selection. Procurement type. Partner Roles. Number range. Authorization group.

Which of the following statements on purchasing transactions using foreign currencies are correct?. An exchange rate can be entered in the order header. This is only for statistical purposes to be able to analyse fluctuations. At goods receipt the system uses the current exchange rate. )You can configure the system so that it uses the current exchange rate in Invoice Verification. You can configure the system so that it uses the exchange rate from the purchase order in Invoice Verification. You can configure the system so that it uses the exchange rate from the order header in Invoice Verification.

Reservation Management can be set to do which of the following?. Delete reservations that are linked to requisitions. Creates reservations with reference to the PIR. Delete reservations. Allow good movements. Flags reservations for deletion.

How can a purchasing info record be generated?. Manual entry. Update from purchase order. Update from purchase requisition. Update from RFQ. Update from a quota arrangement.

Using the material type NLAG for non-stock material, which of the following views are maintained in the material master?. Basic Data. Materials Planning. Accounting. Purchasing. Storage.

Which of the following statements on the organisational structure of logistics are correct?. A plant cannot contain more than one shipping point. You can assign each plant and division to one business area only. The valuation level can be the plant or company code. Purchasing organisations cannot be active for more than one plant. Sales organisations can be active for more than one plant.

What accounts are used for the destruction of goods for quality purposes? (Only 1 response is correct). Stock and scrapping accounts. Stock and consumption accounts. Quality stock and scrapping accounts. Stock and quality inspection accounts. No accounts are used.

Which of the following are terms used in the condition technique?. Release strategy. Condition table. Calculation schema. Access sequence. Field selection key.

Which of the following statements regarding MM master data in are correct?. A material type is specified for each material. The material type is part of the general data on a material. You can configure the type of price control as an optional or mandatory default price. You cannot change the number level of a numbering interval manually. If the stock is valuated, the value is posted to the GR/IR account. You can maintain the reference key for the material type, the plant, and the Industry sector in configuration.

undefinedWhich of the following are not in the process for procurement of stock materials?. Goods receipt. Maintenance Order. Stock determination. Purchase Order Monitoring. Goods Issue.

undefinedWhich of the following can define rules for the determination of automatic postings for a goods movement transaction?. Chart of accounts of the company code. Valuation grouping code. Account grouping. Value string. Valuation class.

Purchase orders can be output (printed or transmitted) in different languages. Where does the system obtain the information determining the language in which a Purchase Order is to be printed?. Customizing setting. The language must be specified when you log on to the system. This is then used as the basis for system printing. You specify the language to be generally used for communication purposes for each vendor in the vendor master record. The language from the Purchase Order header is used. The language is defined via the material short text.

Configuration settings for Reservations can be set to allow which of the following?. Number range intervals. Field selection. Static availability check. Screen settings. Copy rules.

Which of the following statements are correct about subcontracting?. At the time of posting the GR for the finished assembly, the consumption for material is posted. MRP does not create a reservation for subcontracting items. Conditions for subcontract orders can be stored in a subcontractor PIR. Subcontract items in purchasing documents have their own item category. Components at the subcontractors site are managed in a special stock for the vendor, and are allocated a specific storage location.

A forecast delivery schedule will provide the following aggregation options. No aggregation. Daily aggregation. Weekly aggregation. Quarterly aggregation. Annual Aggregation.

Which of the following statements are true?. You can only enter a subsequent debit or credit using LIV if an invoice for the PO item has already been posted. Subsequent debits or credits are not shown in the PO history. You can post a subsequent debit if you receive an invoice for unexpected additional costs on top of a previous invoice. You can post a subsequent credit if you receive an invoice for unexpected additional costs on top of a previous invoice.

The material master for a stock material is automatically updated when which of the following events occur?. Goods are received. The material price is changed. Goods are issued. Any related Purchasing Info Record is updated.

Which of the following are correct regarding the Account Category Reference?. A material type can be assigned to multiple account category references. A material type can be linked to multiple valuation classes through the account category reference. If a material is subject to split valuation, the account is determined via the account category reference of the material. For a posting transaction, the valuation class via the account category reference is the sole determinant of the G/L account. A valuation type record is allocated to its own account category reference.

Which of the following statements are true about the different types of outline agreements?. Forecast delivery schedules are used to give the vendor a medium term overview of requirements. Quantity contracts are where the contract is considered fulfilled when an agreed total quantity has been fulfilled. Just-intime schedules are used to inform your vendor of your requirements in the near future and can specify a different requirement by time of day. Value contracts are where the contract is fulfilled when an agreed total value has been supplied on the basis of individual release orders against the contract.

Which of the following statements are true regarding classification?. Classification can be used to find suitable objects or similar objects. Once a Characteristic has been assigned to a class it cannot be assigned to different class. You can default values into characteristics by setting table fields in the additional data screen. It is not possible to enter more than one value for a characteristic if you choose the data type Num. You cannot change the class type once you have created a class.

What does the purchasing document type control?. Number assignment. Permitted item categories. The eligibility of scaled prices in contracts. The eligibility of scaled prices in scheduling agreements. Which header texts, supplement texts, and item texts are printed.

Which of the following statements are true? (Only 1 response is correct.). When you subsequently reverse an LIV invoice document due to an error, the postings are always exactly reversed. You can reverse all of an invoice document, or just some of the lines on it?. If you reverse an invoice document incorrectly, it is possible to reverse the reversal?. When reversing an LIV invoice the FI document vendor line items are not cleared automatically?.

What options do you have after entering a physical inventory count for a raw material?. You can initiate a recount. You can print a list of differences to determine the materials you have to recount. You can post an inventory difference, whereby a material document and an accounting document are created in the background. You can post the inventory difference, whereby only an accounting document is created in the background. You can select another sample from the population.

How is the output (printing/transmission) of purchase orders controlled?. As a rule, the system attempts to determine a message record for each message type in the message schema by means of an access sequence. A message record in the Purchase Order header contains all the information that is necessary for outputting, such as the printer and the transmission time-spot. Printing only takes place if the print indicator has been set in the Purchase Order item. Printing only takes place if at least one message record can be found. Printing takes place based on the configuration of the GR movement type.

Which of the following statements about inventory management are true?. Reservations are used to plan material requirements for the future. Reason code is not mandatory for material being returned to the vendor. Unplanned goods issues are not seen in consumption records. Storage locations can be created during a goods receipt. Goods issued for consumption does not always require account assignment.

Which of the following must be configured for split valuation?. Valuation area. Valuation category. Valuation basis. Valuation key. Valuation type.

Which of the following statements relating to automatic account assignment are correct?. Purchase orders create direct account postings. Goods receipts and invoice receipts create account postings. The valuation area is defined at client level. The valuation grouping code is used to group different valuation areas together. A valuation class groups materials having the same account determination.

Which of the following statements are correct?. You can use ERS if it is defined on the Purchase Order item regardless of the vendor settings. ERS can only be used for GR-IV flagged line items in a PO. ERS automatically creates credit memos for goods returns. ERS cannot be carried out if the tax code has not been maintained for the PO item. If an invoice receives the status verified as incorrect during background invoice verification processing, the invoice must be processed manually.

Delivery Schedule lines for a Scheduling Agreement can be automatically created via MRP provided that: The Scheduling Agreement must be identified as the only source of supply. Automatically generated schedule lines must be allowed by the source list. The Automatic PO flag in the material master must be set. Automatically generated schedule lines must be allowed in the MRP run. The vendor master automatic PO flag must be set and a source list must exist for the material, plant combination.

At which of the following levels can prices be defined using master conditions for Service Master Records?. At the service level. At the service and company code level. At the service and vendor level. At the vendor and Purchasing Organisation level. At the service, vendor and plant level.

Which of the following statements are correct regarding contracts?. A contract does not need a purchase order to buy off the agreement whereas a scheduling agreement does. Purchasing info records, schedule agreement items and contract items can be sources of supply. Scheduling agreements commit to quantity whereas contracts do not. Items of a contract can only relate to a single plant and cannot be for more than one plant.

The purchasing data at plant level (below the purchasing organisation level) includes which of the following?. Purchasing Text. Purchasing Group. Planned Delivery Time. Purchasing Receipt Tolerances.

Which options for handling cash discounts are available in R/3?. Gross or net posting at the time of goods receipt. Gross or net posting at the time of invoice receipt. Gross or net posting at the time of purchase order entry. Deduction of cash discount during the payment run in Financial Accounting. Gross or net posting when the invoice is released.

undefinedThe delivery complete flag can be set in which of the following places?. In the Purchase Order. During goods receipt of a purchase order. During goods receipt without reference to a Purchase Order. At invoice verification time. During the return of goods to a supplier.

Contracts can be created with reference to. An outline agreement requisition. An MRP List. An RFQ. A potential contract items list. Another contract.

Which of the following statements about Valuation Areas are correct?. Which of the following statements about Valuation Areas are correct?. When you valuate material at company code level, the valuation price is maintained at plant level. undefinedc)Transactions in Inventory Management that affect accounting are goods receipts, goods issues and transfer postings. Postings in invoice verification will not affect material valuation. Valuation of the goods receipt depends on the price control procedure set in the material master record.

When using selection criteria to find an object which of the following is true?. If you enter several values for one characteristic, the values are logically linked with OR. The use of wild card searches eg * is not possible when using a text string selection. <10; 17; 19 23; >30 is a valid selection combination. Inclusive, exclusive and reclusive are the three comparison types. If you enter values for different characteristics, the values are logically linked with AND.

Which of the following Materials Management transactions create accounting documents?. Goods receipt. Goods issue. Transfer posting. Invoice receipt. GR/IR account maintenance. undefinedf)Price changes. Debit/Credit material.

The transaction event key for delivery cost postings does not come from the value string for incidental procurement costs. TRUE. FALSE.

When you perform a plant to plant transfer (valuation area is set to plant), the following documents will be created: (Only 1 response is correct). No documents. Purchase order only. Accounting document only. Material and accounting documents. Material document only.

Which of the following statements are true about an item category M (Material Number Unknown) in a contract?. Item category M items have a known material number. Item category M is recommended for similar materials with the same price but with different material numbers. Item category M may be used in value contracts. Item category M is recommended for materials belonging to the same material group but with different prices. Item category M contracts can include a JIT and forecast delivery schedule.

How can you enter components for a sub contract Purchase Order?. Manually. From a purchase requisition. Using a BOM explosion. From a quotation. From MRP exploding dependent requirements.

In which areas of the system can you specify whether and how MRP is to be carried out at a plant?. Material Master. In the customising IMG activity for Material Requirements Planning. In the customising IMG activity to activate MRP and setting up the planning file. MRP1 view of the Material Master. Only a) and b) above.

Which if the following statements are true about release procedures?. The release strategy contains release conditions, release prerequisites and authorisation objects. The release indicator is a code that represents a release point. The release conditions determine which strategy applies. The release strategy defines the entire approval or release process. A user can be assigned multiple release points within the one release strategy.

Goods receipts can be posted after the delivery complete flag is set. This has the effect of: Cancelling the delivery complete flag. Changing the open order quantity. Updating the PO history. Issuing a message informing the user of the status of the delivery complete flag. Receiving only the open order quantity that is within tolerances for over and under delivery.

How do you replicate a delivery free of charge in R/3s Materials Management?. You enter a purchase order with the purchase order price. Then, however, you post the receipt with reference to the purchase order using a non-valuated movement type. You enter a purchase order item, set its invoice indicator to blank and its purchase order price to zero, and then post the goods receipt. You do not enter a purchase order, but post the delivery free of charge using a specific movement type in Inventory Management. You create the material with the material type UNBW and then post the goods receipt without reference to the purchase order. You create the material with material type NLAG and then post the goods receipt without reference to the Purchase Order.

Which of the following statements are true about the Assign Purchase Requisition transaction?. You can show a list of assigned requisitions per source of supply. You can convert all requisitions assigned to the same source into Purchase Order, Contract release orders, Source lists and Delivery schedule lines. You cannot convert requisitions to Request for Quotes. You can convert requisitions assigned to the same source into Contract release orders. You can only view the requisitions with an assigned source and not do any conversion to any other documents.

Which of the following are influencing factors relevant to Account Determination?. Chart of Accounts. MRP Type. Valuation Area. Business Transaction. Material Type.

Which of the following statements about requisition release procedures are true?. Once a release is effected, it cannot be reversed. Printing of messages is not affected by the release status. Purchase requisitions can be released individually or collectively. You can simulate which release status a document would have if you released it with a certain release code. If you set up the release procedure with classification for purchase requisitions, the procedure without classification is deactivated.

Which of the following is true?. More than one Purchasing Organisation can buy for a company. Purchase Orders cannot be created with reference to other Purchase Orders. More than one company code can be assigned to a plant. Using F4 in a field will bring back a brief description of what the field is used for. Organizational elements include legal entities, sales offices, and profit centres.

What directly controls the number assignment and the field selection in the Vendor Master? (Only 1 response is correct). Company code. Purchasing group. Vendor account group. Payment terms. Vendor number.

Purchasing Value Keys are used to specify which of the following?. Over and under delivery tolerances. Reminder days. Whether or not an order acknowledgement is required. Latest Goods receipt date. Default valuation class for materials without a material master.

Which of the following statements are true about classifications?. A characteristic value is either a single value or multiple values. Class codes can be duplicated across class types but are unique within a class type. The interval data type is relevant for numeric intervals only. Default values for characteristics can be used. An object can only be assigned one classification within a class type.

Which of the following fields are included in the MRP profile?. Purchasing Group. Scheduling Margin Key. Material Type. MRP Controller. MRP type.

Which of the following statements regarding Valuation Classes are true?. It is a key for grouping materials that have the same account determination. undefinedb)There is no linking of the valuation class to the Material Type. Only one material type can be allowed for a valuation class. Materials are assigned to the valuation class in the Accounting view of the material master. Valuation classes are a truncation of the GL account to which the material will be posted.

What is an access sequence?. The access sequence is used within the context of the condition technique to find condition records. An access sequence can comprise several condition tables. An access sequence defines which condition records are allowed and the sequence in which they are selected. An access sequence is assigned to the condition types that are to be determined automatically. Within an access sequence you can define, that after the first successful finding of a condition record, the system will not search for any other records.

Vendor master information can be stored at the following level (Only 1 response is correct). Client and company. Plant and storage location. Client and plant. Client only. Company only.

Which of the following statements regarding purchase requisitions are true? (Only 1 response is correct). Purchase requisitions can be used to order material from a supplier. Purchase requisitions can be created both manually and automatically. Purchase requisitions can be created only manually. Purchase requisitions can only be created automatically. The purchase requisition is both an internal and external document.

The Personal Settings on the Purchase Order screen: Specifies the maximum number of messages that are to be displayed immediately, while you are processing the Purchase Order. Can be used to default any of the fields in the Purchase Order. Determines which fields are displayed for a Purchase Order. Defaults data into the Purchase Order to save time. Is a form of master data.

When does the system automatically create a storage location view in the material master record?. At the first goods receipt into special stocks the system creates a special stock storage location view with the number 9999. Automatic creation of storage locations (views) must be permitted for the plant. In customizing, you can define for movement types whether at goods movement the system creates a storage location view automatically. If the first goods receipt of a material is posted to a cost centre and you have set the automatic creation of storage location views for the plant and movement type, the system creates the storage location view automatically. In customizing, you can define for movement types whether at goods movement the system creates a purchase order and special storage location view automatically.

Which of the following statements are true about ERS?. An ERS indicator is required in an order when processing periodic invoicing plans. Goods receipts have to be entered with reference to a Purchase Order. If the invoice quantity is greater than the delivered quantity because of returns, then a credit memo is produced during ERS. The GR based Inv Verif indicator in the Vendor Master General data section is one of the 2 indicators that must be set. Orders subject to ERS can be verified via normal LIV.

Which of the following statements regarding split valuation of materials are true?. A material can only have 2 split valuation types. The stock value of split value materials is cumulated at valuation area level. The valuation category is entered in the accounting view of the Material Master. When issuing split value materials the systems automatically allocates the relevant split valuation type. Split valuation materials use only moving average price control.

Non valuated materials have which of the following features?. Material Type NLAG. Material Type UNBW. Stock Withdrawals are valuated. Purchase Orders must contain account assignment. Goods Issues create an accounting document.

Returns to a vendor can be achieved using which of the following functions?. Setting the return flag on the Purchase Order line. Setting the return flag on the goods receipt. Processing a goods return using a special movement type. Cancellation of the original goods receipt. The plant and movement type have been flagged for negative stocks.

Which of the following statements are false?. When goods receipting a purchase order, stock records are ALWAYS updated via a material document. When goods receipting a PO, the supplier account is updated with the PO value. When goods receipting a PO the accounting data on the vendor master must be complete. An invoice can only be entered against a vendor (via Logistics Invoice Verification) if the PO has had the goods receipted.

Which of the following about source determination are true?. Quota rating = (quota - allocated qty + quota base qty) / quota. Quota arrangements have a lower priority than source lists in source determination. The lot size procedure in the Material Master must have replenish to Maximum Stock level set for splitting among different sources to occur. Minimum and maximum lot sizes are taken into account only in the case of requisitions that are created manually. The source with the lowest quota rating represents the effective source.

When would the system create a purchasing info record if you create a contract for a material?. If it is a new contract. When the contract has expired. When there is no prior Info record for that Vendor/plant/material combination. When the contract is released. When the contract invoice is paid in LIV.

Which of the following information is displayed in the stock requirements list?. The current MRP status of a material. The result of a single item, single level MRP run. MRP elements including requisitions, reservations and purchase orders. RFQs and outline agreements. Material information and consumption values.

undefinedHow does the system determine the conditions when creating a purchase order?. The system uses a condition table stored in Customizing to determine the appropriate info record. If the info record concerned was created manually, you can copy the conditions directly from the info record to the purchase order. If the info record concerned was created automatically from a Purchase Order, then the system determines the conditions from the last Purchase Order. You can enter the conditions manually. However, you cannot use scale prices. The system determines the appropriate conditions by accessing all tables defined in the access sequence and then choosing the best price offered.

Which of the following is true regarding release orders?. Release orders are production orders created with reference to a contract. Release orders specify the contract number, quantity to be released and the delivery date. Release order documentation is updated manually when a release order is created. Data from the contract is copied directly to the release orders.

Which of the following is true if stock is valuated at plant level?. The valuation price of the material is always the same across all plants. Material is stored at zero dollar value. You can valuate a material in different plants with different prices. The value of a material can be the same across all storage locations. Materials can be valuated using standard or moving average price control.

Which variance checks are conducted by invoice verification?. Quantity Variance. Price Variance. Purchase order price quantity variance. Date Variance. Vendor Variance.

Name three related transactions you can move to from the Stock Overview screen. Stock requirements list. Open purchase orders. Reservations. Material Movements. WM Stocks.

Which of the following documents can be subject to release procedures?. Outline agreements. Purchase requisitions. Contracts. Schedule lines. RFQs.

The vendor master stores which of the following information?. Terms of payment. Incoterms. Regular vendor. Supply options. ABC indicator.

Invoice verification tolerances can be defined in customizing for. Quantity variances. Price variances. Material Group variance. Purchase order price quantity variances. Schedule variances.

Shelf Life Expiration Date is checked only if the following conditions are met?. The minimum remaining shelf life has been maintained in the material master. The shelf life expiration date check is active in the plant. The shelf life expiration date check is active for this document type. The minimum remaining shelf life has been maintained in the Purchase Order. The total remaining shelf life has been set in the batch master data record.

undefinedWhich of the following selection criteria can be used to select the Collective Display MRP list?. Processing Indicator. MRP date. MRP Controller. Exception Groups. Production Line.

When an invoice is posted which of the following occur?. The system posts individual line items to appropriate accounts. An accounting document is created. An invoice document is created. PO History is updated. The Material Master is updated.

Which of the following statements about Order Acknowledgements are true?. Vendor acknowledgements can be entered for contract line items. Order acknowledgements can be used to update estimated goods receipts in Materials Requirements Planning. If order acknowledgements are requested using the confirmation control key in a contract release order or standard Purchase Order, goods receipts cannot occur until the order acknowledgement has be entered against the Purchase Order. Order acknowledgements can be entered for Purchase Orders. A Rough GR is a type of order acknowledgement.

Which statements regarding the release (approval) of purchase requisitions with classification are correct?. The assignment of the release strategy is effected automatically via the values assigned to the class characteristics. The release status describes which follow-on actions are possible in connection with the purchase requisition (for example, release for issue of RFQs, release for issue of RFQs and PO). The purpose of the release strategy is to exercise control over the transmission of the purchase requisition. The release indicator controls which type of purchasing document is subject to a release procedure. The release point indicates what sort of procurement document a release procedure applies to.

Which of the following statements are true about net posting?. f you post the net amount of an invoice, the R/3 system posts the cash discount amount when you enter the invoice. It posts the cash discount at the time of payment. Therefore, the cash discount amount is not credited to the stock cost account. If you post the net amount of an invoice the R/3 system posts the cash discount amount from the cash discount clearing account to the stock or cost account. The cash discount clearing account is cleared at the time of payment. Whether an invoice is posted net depends on account type. Whether an invoice is posted net depends on document type. You can change the document type when entering an invoice by going to the Extras tab.

Which of the following statement are false?. A vendors consignment price is always valid for all plants. Consignment goods are always valuated using standard price control in its material master. A material that is both produced internally and procured externally must have two material master records. Although negative stock quantities may be allowed in a plant, negative values are not.

If you do a goods receipt for 10 units ands subsequently find this should be 5, using the MIGO transaction do you: (Only 1 response is correct.). Do a 102 goods receipt for 5. Goto Cancel material document and change the quantity to 5 prior to saving. Cancel the incorrect document and start again. Use a return delivery and enter 5 as the quantity.

undefinedWhich of the following conditions are necessary for allowing negative stocks in an organisation. Standard price control must be set for the material at the storage location level. Negative stock must be flagged as allowed for the material in the plant. The plant, valuation area and storage location must allow negative stock to be used. The material stock account determination has to contain an account modification flag to post to a separate account. The material type must be flagged to allow negative stock.

Which of the following statements are true about Purchasing Organisations?. A Purchasing Organisation is a person who creates Purchase Orders for materials from vendors. A Purchasing Organisation negotiates the conditions of purchase for new materials. A Purchasing Organisation is responsible for expediting Requests For Quotations. A Purchasing Organisation procures materials and services for all plants assigned to the company code. A Purchasing Organisation can be configured as a Reference Purchasing Organisation to create Purchase Orders for consignment arrangements.

Which of the following statements about movement types are true?. The movement type influences the update of material stock account and consumption account. In the standard SAP system, you can enter per material document only goods movements of one movement type. Goods movements that are created from other application areas (for example a delivery in SD), are not described with movement types. The movement type used controls field selection for the goods movement transaction. If you use special stock indicators you can create different stock and value updates of a material for one and the same movement type.

Which of the following conditions are necessary for split valuation?. Enter a valuation category in the material master. Enter a valuation type at the time of the invoice receipt. Define a valuation type. Enter a moving average price at the valuation area level. Set the company code to allow split valuation.

From the date of creation of an MRP purchasing requisition, SAP takes into account which of the following time components?. RFQ preparation time. Purchasing Processing time. Goods Receipt Processing time. Planning run time. Planned delivery time.

In the material master, you will find which of the following information?. Safety stock. Quality inspection indicator. Source list indicator. ERS indicator. ABC indicator.

In which way can you obtain information on purchase orders issued to a vendor that have not yet been invoiced?. You make use of a list that displays all the purchase orders issued to a certain vendor. You limit the POs shown on the list to those that have not yet been invoiced by the appropriate definition of the Scope of List. You make use of a list that displays all the purchase orders issued to a certain vendor. You limit the POs shown on the list to those that have not yet been invoiced by means of the selection parameters. The selection parameters and list scopes are predefined by SAP but can be changed. You make use of the LIS standard analysis that shows every Purchase Order that has not been invoiced. You can run a list of GR/IR account balances to see what Purchase Orders have not been invoiced.

undefinedWhich of the following are types of contracts in SAP?. Value contract. Outline agreement. Quantity contract. Subcontract order. Schedule line.

Which of the following statements on procuring a material of material type NLAG are correct?. The purchase order must be account assigned. The goods receipt must always be non-valuated. When you enter an invoice, you can change the account assignment as long as the goods receipt was non-valuated. When the material is for consumption, no document is ever created in Financial Accounting. The subsequent goods issue must take place in order for the material to be charged to the receiving cost object.

The transaction MIRO is for: Displaying Purchase Orders. Creating Purchase Orders. Receipting Goods. Entering Invoices. Displaying Invoice documents.

How does the system assign prices to items when creating a purchase order? To what extent can you use these prices in subsequent purchase orders?. You can enter conditions manually. However, you cannot use scale prices. The conditions for the purchase order items are saved as conditions in the info record. The system then proposes these prices in subsequent purchase orders. Info records that the system created automatically from the purchase order only contain the reference to the previous purchase order, from which the system determines the conditions. If there is no info record, and if the purchase order item is created with reference to a purchase requisition item that has a material master record, the system assumes the price from the purchase requisition.

Which of the following are different organisational levels in the Procurement Process?. Goods receipt. Plant. Purchasing Organization. Company code. Material Master.

Which of the following statements about vendor master records are true?. A vendor is regarded as the companys crediting business partner. Vendor master data can be maintained at purchasing organization level and by company code. Both Accounting and Purchasing Departments can define the general data and Purchasing and Accounting-specific data. Vendor master records should be replaced by info records when more than one company shares the vendor.

Which of the following are valid item categories for use in outline agreements?. M Material Unknown. K Consignment. J JIT item. W Material Group. U Unknown Account Assignment.