TERP10_2018 UNIT 5

Which of the following about goods movements are true? (3 ans)

A goods movement must indicate a movement type. A transfer posting is used to change the stock status of a material. Movement types control the updating of quantities, stock and consumption accounts , and field selection.

What are the impacts of a Goods Receipt? (3 ans)

A material document is created. Can result in the creation of a transfer requirement for WM. PO history is updated.

You are running warehouse management in your company. A vendor has delivered materials. You just performed a goods receipt into a storage location with reference to the PO for these materials. What is the result of this receipt? (2 ans)

A transfer requirement is created. The materials are booked into goods receiving zone for external receipts.

Which of the following are true about purchasing consumable materials? (3 ans)

Account assignment category is required. Goods receipt is optional. Consumption update in the material master is possible.

Which organizational levels are Vendor master data defined for? (3 ans)

Client. Company code. Purchasing organization.

Your project team is involved in implementing the MM module for procurement. Which of the following will you describe to your team. (4 ans)

Client. Plant. Purchasing organization. Purchasing group.

Which of the following are examples of consumables? (3 ans)

Computer systems for an asset. Blueberries for a production order. Office supplies for a cost center.

Which of the following statements are true regarding conditions in the Purchase-to-Pay process?

Conditions in a contact apply to all contract release orders created with reference to the contract.

Which of the following are examples of consumable materials? (2 ans)

Consumable materials with material master record not subject to inventory management (quantity or value). Consumable materials with material master record that is subject to inventory management on a quantity basis but not on a value basis.

You are explaining consumable materials to a client. When purchasing a consumable material, you explain the importance of account assignment objects. Which of the following can be used as account assignment objects? (4 ans)

Cost center. Asset. Production order. Sales order.

Which of the following can be used to determine which procedure (manual or automatic) was used to create the purchase requisition?

Creating indicator.

Which processes can trigger the logistics execution process? (2 ans)

Creation of a delivery. An inventory management posting.

A purchasing Organization that is not assigned to any company code is called?

Cross company code purchasing organization.

Which of the following data are included in a purchasing info record? (3 ans)

Current prices. Future prices. Freight and discounts.

A raw material just arrived from one of your vendors. You perform a GR with reference to the PO. Which of the following are not effects of this receipt? (2 ans)

Debit GR/IR account. Price variances posted.

What accounts are updated when an invoice is received from a vendor? (2 ans)

Debit to GR/IR. Credit to vendor subledger.

Your accounting department is about to enter a vendor's invoice for materials into SAP. As a result, SAP will perform which of the following? (2 ans)

Debit to GR/IR. Credit to vendor subledger.

Which accounts are updated when goods are received for a purchase order? (2 ans)

Debit to material (stock) account. Credit to GR/IR.

What accounts are updated when the payment program is run? (2 ans)

Debit to vendor subledger. Credit to bank allocation.

What does the Stock Overview show?

Detailed stock information by organizational levels.

What is a movement type used for?

Differentiates between goods movements.

The difference between direct and indirect purchase requisitions (PR) is?

Direct purchase requisition is created manually by the user whereas indirect is created automatically by a system.

Which of the following does NOT apply to document splitting? (2 ans)

Document splitting can only be shown for Business Segments. Two documents are saved - one for the G/L view and one for the entry view.

Data stored in the material master is required for which of the following activities? (2 ans)

Inventory management for posting goods movement and physical inventory management. Accounting data for material valuation.

Accounts payable is posted to accounting upon creation of the following document.

Invoice verification.

A plant may represent which of the following entities? (4 ans)

Production facility. Regional sales office. Corporate headquarters. Maintenance location.

During the Invoice Verification process, a user can use the following as a reference?

Purchase order.

The stock status for a goods receipt can be determined during which of the following steps? (2 ans)

Purchase order. Goods receipt.

Conditions in purchasing can be maintained in which of the following? (4 ans)

Purchasing info records. Contracts. Purchase orders. Quotations.

Which of the following can be issued as messages in the purchase-to-pay process? (3 ans)

RFQ. Purchase order. Contract.

Which of the following Vendor master data are defined at the Company Code level? (2 ans)

Reconciliation account information. Correspondence.

A purchase requisition can be converted into which of the following? (3 ans)

Request for quotation. Purchase order. Outline agreements.

What are the elements of the payment process? (5 ans)

Select payment method and bank. Select items for payment. Calculate payment amount. Post payment document. Print payment medium.

What organizational level are you required to enter when you perform a goods receipt?

Storage location.

Organizational levels relevant for the external procurement process include? (2 ans)

Storage location. Plant.

The warehouse number is an organizational level within warehouse management. Your team has asked you to explain more about the warehouse number. Which of the following will you include as part of the substructure of a warehouse number? (5 ans)

Storage section. Storage type. Picking area. Interim storage area. Storage bin.

A storage section is created in a _______.

Storage type.

The Vendor master record also contains the following data? (2 ans)

Terms of payment. Transaction currency for the vendor.

From which of the following stock types can you post withdrawals for consumption?

Unrestricted use.

What are the key stock types (status) in purchasing, based on usability of materials (3 ans)

Unrestricted use. Stock in transit. Blocked stock.

The areas a Goods Receipt affects are _______? (3 ans)

Warehouse management. Purchasing. Quality management.

Which of the following are true regarding the link between IM and WM, when WM is enabled?

Interim storage areas are used to temporarily hold materials.

Material in interim storage areas are represented as _______ in the system.

A Quant.

For which of the following scenarios can you have a cross-plant purchasing organization buy materials?

All plants in once company code.

All of the following are advantages of posting a goods receipt by referencing a purchase order, except?

An account payable is created automatically.

A purchase requisition can be created by the following? (3 ans)

Automatically via MRP. Automatically via other internal logistics orders. Manually.

A FI document includes a header and items section. Which of the following data are data in the items section? (3 ans)

G/L account number. Amount posted. Debit or credit.

Which of the following is the GL clearing account for purchasing?

GR/IR account.

Your company has agreed to purchase materials from a new supplier. Master data must be created for this new supplier; this master data is relevant to which of the following? (2 ans)

General data relevant at the client level. Accounting data relevant for the company code.

Which of the following are examples of interim storage areas? (2 ans)

Goods receipt area. Goods issue area.

Which steps in the procurement processes have an FI impact? (4 ans)

Goods receipt to Warehouse. Incoming bills. Payment program. Account statement.

Which of the following steps can impact material valuation in the material master? (3 ans)

Goods receipt. Invoice receipt. Vendor payment.

Quality management data recorded in procurement for a GR includes _______? (3 ans)

Information required to evaluate vendors. Audit results. Complaints about the goods.

A vendor has just delivered materials to you. The materials were received directly into Blocked Stock. As a result, SAP performed which of the following?

Material management document is created.

A purchase order includes a header and items section. Which of the following data are data in the items section? (3 ans)

Material number. Delivery date. Order quantity.

Material documents consist of a header and items section. Which of the following are data in the items section? (3 ans)

Movement type. Material number. Storage location.

Which Business Processes follow Invoice Verification? (2 ans)

Moving average price is updated. Invoice document is added to the PO history.

A client calls you asking about purchasing a new vehicle needed for transportation. This vehicle will be put into use immediately upon receipt. Your client wants to know how to handle this. Which of the following options are correct purchasing this vehicle? (2 ans)

No material master record. With a master record with no value based inventory but with quantity based inventory.

Which of the following material types is not subject to either value based or quantity based inventory management?

Non-stock materials.

Which of the following goods movements will always generate an accounting document? (2 ans)

Plant to Plant within a CC. Plant to Plant between two CCs.

The purchasing data of the material master is relevant at what organizational level?

Plant.

For which organizational level are purchasing info records maintained? (2 ans)

Plant. Purchasing organization.

While explaining PO creation to your client, you empathize the importance of organizational levels. During your explanation, you identify which of the following as required to create the PO? (3 ans)

Plant. Purchasing organization. Purchasing group.

What is the difference between a plant and a Storage Location?

Plants are warehouses and manufacturing facilities, storage locations hold materials.

During the payment run in the automatic payment process, the system does which of the following? (3 ans)

Post payment documents. Clear open items. Prepare data for printing of payment media.

A FI document includes a header and items section. Which of the following data are data in the header section? (3 ans)

Posting date. Document date. Document currency.

Which of the following are true regarding invoice verification? (3 ans)

The invoice verification step creates a link between MM and accounting. In materials management, the procurement operation is completed by invoice verification. Invoice verification results in both an accounting document and an invoice document.

Logistic invoice verification, in SAP ERP, is the process whereby a vendor's invoice is compared to the goods receipt document and the purchase order. What business integration processes, within SAP ERP, occurs with the completion of logistic invoice verification? (3 ans)

The provisions in the GR/IR clearing account are reversed. The purchase order history is updated. An open item is created in the vendor's account.

Movement types perform important control functions in inventory management including which of the following? (3 ans)

They play a central role in automatic account determination. They determine the screen layout for document entry. They determine which stock or consumption accounts will be updated in FI.

Which document is used to execute all material movements in a warehouse?

Transfer order.

A Goods Receipt posting that is subject to Warehouse management will produce a _______ in addition to Material and Accounting documents.

Transfer requirement.

Which of the following is the planning and posting basis for warehouse management activities?

Transfer requirement.

In the purchase-to-pay scenario, there are many points of integration between the materials management module and the Financial Accounting module. Which of the following statements are true about these links? (2 ans)

When the goods are received, a document is created in FI that records a posting to the material stock account or the consumption account (debit) and to a goods receipt/invoice receipt account (credit). The vendor invoice is posted in MM and, at the same time, a document is created in FI with which the invoice amount is posted to the goods receipt/invoice receipt account (debit) and the vendor account (credit).

For which of the following circumstances do you have to enter an account assignment for an item? (3 ans)

When the material is not subject to value-based inventory management and its value is posted directly to consumption. When purchasing material without material master data. When purchasing a service.

Which of the following is NOT a characteristic of a Purchasing organization? (3 ans)

You can distinguish between plant-specific, cross-plant, and cross-client purchasing. Can only be set up on a centralized basis.

Which are the correct sequence of steps in the purchase to pay business process? (2 Ans) 1. Determination of Requirement. 2. Source of supply determination. 3. Vendor selection. 4. Purchase order landing. 5. Purchase order monitoring. 6. Goods receipt. 7. Invoice Verification. 8. Handling of payments. a). 2, 4, 3, 2, 6, 7 b). 2, 3, 6, 7, 8 c). 5, 4, 3, 6, 7, 8 d). 1, 2, 5, 3, 4 e). 1, 4, 6, 7, 8

b). 2, 3, 6, 7, 8 e). 1, 4, 6, 7, 8