Physical Inventory

1) Which report is useful when you need to zoom out and get a high-level view of physical inventory?

a. Create a Sales Order (VAOI)
b. Physical Inventory Report (MIDO)
c. Display Business Partner (BP)
d. Display Material (MM03)

Which is the correct answer?

---

2) When posting a physical inventory difference, where does the system obtain information for the difference amount field?

a. outline agreement
b. pricing conditions
c. sales order
d. business partner

Which is the correct answer?

---

3) Which physical inventory procedure selects stock at random to be counted?

a. periodic inventory
b. cycle counting
c. inventory sampling
d. continuous inventory

Which is the correct answer?

---

4) When entering a physical inventory count, which document is required?

a. RFQ
b. goods issue
c. purchase order
d. physical inventory document

Which is the correct answer?

---

5) What purpose does the "posting block" field represent when creating a physical inventory document?

a. No goods movements can be created during the count.
b. No purchases can be made during the count.
c. No invoices can be created during the count.
d. No sales can be made during the count.

Which is the correct answer?

---

Answers: 

1) b

The physical inventory report provides key high-level information about physical inventory.

2) b

The amount field is populated with pricing conditions for the material in question.

3) c

In inventory sampling, material stocks are selected at random and counted.

Cycle counting counts inventory at regular intervals during the year.

4) d

The physical inventory document is required when entering the inventory count.

5) a

Posting block restricts goods movements during the count.
 

SAP MM Tips

See also
Material Master Multiple Choice Questions Answers

Get help for your SAP MM problems
SAP MM Forums - Do you have a SAP MM Question?

SAP MM Books
SAP Material Management Certification, Interview and Configuration Reference Books

SAP Material Management Tips
SAP MM Configuration Tips and Materials Management

Main Index
SAP ERP Modules, Basis, ABAP and Other IMG Stuff

All the site contents are Copyright © www.erpgreat.com and the content authors. All rights reserved.
All product names are trademarks of their respective companies.  The site www.erpgreat.com is in no way affiliated with SAP AG.
Every effort is made to ensure the content integrity.  Information used on this site is at your own risk.
 The content on this site may not be reproduced or redistributed without the express written permission of
www.erpgreat.com or the content authors.