(more than one answer can be correct)
A Unrestricted use stock.
B Block stock.
C Quality Inspection stock.
D Vendor consignment stock.
E In-transit stock.
Answer - A,B,C,D
Which of the following can possibly
influence the valuation price of a moving average priced material?
(more than one answer can be correct)
A Goods receipt for a purchase order.
B Goods Issue to a cost centre.
C Invoice verification against
a purchase order.
D Stock transfer between two storage
locations in the same plant.
E Transfer posting from unrestricted
use stock to quality inspection.
Answer - A,C
In the SAP system a user can
operate in the following hierarchies.
(more than one answer can be correct)
A Service level.
B Application level.
C Main menu level.
D Month.
E Total stock value.
Answer - D, E
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?
(Only one answer is correct)
A The Constant model.
B The Constant trend model.
C The Seasonal trend model.
D The Fluctuating trend model.
E The Seasonal model.
Answer - C
In the SAP system, the reference
document used in the purchasing cycle is the:
(Only one answer is correct)
A Purchase requisition.
B Info record.
C Source list.
D Purchase Order.
E None of the above.
Answer - D
True / False
What purpose does invoice verification serve in materials management?
a It allows invoice that do not
originate in materials procurement to be processed.
b Completes the materials procurement
process
c Handles the payment
d Allows credit memos to be processed
e Handles the analyses of invoices.
Answer - B
What are the tasks of invoice verification?
a Entering invoices and credit memos
received.
b Checking the accuracy of invoices
c Executing the account posting
resulting from invoice
d Updating open items and material
prices
e Checking invoices that were blocked.
Answer - A,B,C,E
What is the process of invoice verification?
a Purchase order, service or GR
referenced for incoming invoice.
b Invoice items suggested by the
system against referenced document
c Corresponding automatic account
postings carried out.
d Payment proposal list for vendor
generated.
Answer - A
From where does the system pick
the default quantity of an item when you post invoice receipt?
a Invoice
b Purchase order
c Purchase order history
d System settings
e Vendor master
Answer - C
During invoice verification the system picks the rate at which tax is calculated from the vendor master record.
TRUE
FALSE
Answer - False .
Tips by : Dipak Kumar
