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    1 MM MCQ PDF

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    DHANJEET KUMAR
    The document contains multiple choice questions about material management concepts in SAP. It asks which types of stock can be counted through physical inventory (unrestricted use stock, block stock, quality inspection stock, vendor consignment stock), what can influence the valuation price of a moving average priced material (goods receipt, invoice verification), what hierarchies a user can operate in SAP (service level, application level, main menu level, month, total stock value), and more.

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    1 MM MCQ PDF

    Uploaded by

    DHANJEET KUMAR
    122 views3 pages
    The document contains multiple choice questions about material management concepts in SAP. It asks which types of stock can be counted through physical inventory (unrestricted use stock, block stock, quality inspection stock, vendor consignment stock), what can influence the valuation price of a moving average priced material (goods receipt, invoice verification), what hierarchies a user can operate in SAP (service level, application level, main menu level, month, total stock value), and more.

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    The document contains multiple choice questions about material management concepts in SAP. It asks which types of stock can be counted through physical inventory (unrestricted use stock, block stock, quality inspection stock, vendor consignment stock), what can influence the valuation price of a moving average priced material (goods receipt, invoice verification), what hierarchies a user can operate in SAP (service level, application level, main menu level, month, total stock value), and more.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    122 views3 pages

    1 MM MCQ PDF

    Uploaded by

    DHANJEET KUMAR
    The document contains multiple choice questions about material management concepts in SAP. It asks which types of stock can be counted through physical inventory (unrestricted use stock, block stock, quality inspection stock, vendor consignment stock), what can influence the valuation price of a moving average priced material (goods receipt, invoice verification), what hierarchies a user can operate in SAP (service level, application level, main menu level, month, total stock value), and more.

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    Material Management MCQ

    Which of the following stock types can be counted through Physical Inventory
    procedure?
    (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 .

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