SAP FICO Certification Questions 2
Organizational Units
1. Select the correct statements
a) The controlling area is the highest reporting level for profitability analysis
b) Data for overhead cost controlling is extracted from the operating concern
c) Product cost controlling extracts data from the controlling area
d) The business area is an organizational unit within financial accounting
e) Profit center accounting is a component of overhead cost controlling
2. Which of the following statements are true or false
a) The controlling area currency must be defined as the group currency
b) Company codes assigned to the same controlling area must have the same operational chart of accounts
c) Profit center accounting extracts data from the controlling area
d) The product cost controlling component enables you to calculate the minimum price at which a product can be profitably marketed
e) Profitability analysis is used to evaluate external market segments
Master Data
3. Select the correct statement(s)
a) Cost centers are assigned to the standard hierarchy through the master record
b) Cost centers can be assigned to any level in the standard hierarchy
c) Cost center categories enable you to assign the same characteristics to similar cost centers
d) All primary cost elements have a one to one relationship with the general ledger expense accounts
e) Secondary cost elements can only be created and used within controlling
4. Which of the following statements are true or false
a) All activity types can be used with all cost centers
b) An activity type allows you to allocate costs from FI according to tasks that were performed by other departments
c) Statistical key figures can be defined as either a fixed value or a totals value
d) Master data that can be grouped together include controlling areas and operating concerns
e) Activity types cannot be grouped like cost centers, cost elements and statistical key figures
Transaction Based Postings
5. Select the correct statements
a) Document numbering is defined according to the grouping of controlling transactions
b) When posting to a cost center and true order, the posting to the cost center becomes statistical
c) Profit center postings can be true postings if the indicator is selected in the master record
d) Postings to cost centers primarily arise out of transaction based postings in FI
e) When posting a transaction within FI, only one true object and one statistical object can be selected
6. Which of the following statements are true or false
a) Default cost centers can be specified in the cost element master record
b) Default cost elements can be specified in the cost center master record
c) Profit centers defaulted from the cost center master record, when posting an expense in FI can be changed in the document
d) Default values from customizing take preference over default values from the master records
e) Line items that are reposted in CO update the cost center in the original document in FI
Period-end Closing
7. Select the correct statement(s)
a) Costing sheets are defined for the percentage method of the accrual calculation
b) Periodic reposting is performed when costs are manually reposted from one cost center to another according to a specific statistical key figure
c) The assessment cycle allows for the collection of both primary and secondary costs, and reposts the values using the original cost elements
d) Distribution is the method by which primary costs are reposted using the original cost elements
e) Allocation structures assigned to the distribution cycle allow for the grouping of cost elements and repost using secondary cost elements
8. Which of the following statements are true or false
a) The reconciliation ledger allows for the reconciliation of CO components
b) The period lock must be set for both plan and actual data
c) The period lock is automatically set when the FI period is closed
d) An overhead structure is assigned to a costing sheet
e) The results of an assessment can be reviewed in the cost center – actual/ plan/ variance report
Planning
9. Select the correct statement(s)
a) Planning profiles are defined with header rows and lead columns
b) Multiple planning layouts can be assigned to a single planning profile
c) Distribution keys can only be used when planning for a single period at a time
d) Planning using activity types can only be performed if the statistical key figures are planned as well
e) Activity dependant planning means planning with the use of an activity type
10. Which of the following statements are true or false
a) In order to transfer planned data from HR, a valid employee master record must exist along with a valid cost center, and the two records must be linked
b) Plan distribution allows for the distribution of secondary costs
c) It is not possible to perform planning using statistical key figures
d) It is possible to copy actual data to planning data as long as the planning version has been created first
e) All controlling objects are automatically transferred when one plan version is copied over to another
Internal Orders
11. Select the correct statement(s)
a) All internal orders must be created according to a specific order type
b) Four categories of internal orders exist namely overhead, investment, financial and revenue orders
c) Statistical orders are used for reporting purposes only
d) Accrual orders allow for the raising of accruals on the order itself
e) Internal orders are company code specific and must reference a profit center in the internal order master record
12. Which of the following statements are true or false
a) Orders cannot be grouped like cost centers and cost elements
b) Substitution rules are used for mass maintenance to internal orders
c) A commitment can be raised on an order when a purchase order or purchase requisition is created
d) A settlement procedure must be specified for all order types
e) An allocation structure allows you to determine whether cost elements must be grouped together and settled using a specific cost element, or if the original cost element can be used for the settlement of true order values
SAP FICO Certification Question 2
SAP FICO Certification Question 1
SAP FICO Certification Question 1
Clearing
1. Select the correct statement(s)
a) All open item accounts are cleared automatically by running the automatic account clearing program
b) The open item indicator in the customer/ vendor master record must be activated in order to clear customer/ vendor open items
c) The open item indicator along with the line item display indicator is usually activated in the balance sheet clearing and profit and loss accounts
d) Accounts that are not automatically cleared can be cleared manually using the account clear function
e) A clearing document contains the line items to be cleared
2. Which of the following statements are true or false
a) All payment documents are clearing documents
b) Standard system maintenance includes clearing open items on a regular basis, either manually or automatically
c) Standard open items, special G/L transactions and noted items can be selected for clearing
d) If documents were cleared in error, the clearing must first be reset and the document must be reversed before attempting to clear again
e) Documents that are cleared have reference to the clearing document number in the document line items
Tolerances and payment differences
3. Select the correct statement(s)
a) Tolerance groups can be defined for customers, vendors and employees
b) The tolerance groups contain settings for permitted payment differences
c) Alternative accounts can be specified for the posting of payment differences
d) The values specified for the tolerances can be entered in a currency of your choice
e) All users that were not assigned to a tolerance group are by default assigned to the blank tolerance group
4. Which of the following statements are true or false
a) Tolerance groups can be assigned to general ledger accounts
b) Permitted payment differences are either defined as an amount or a percentage, not both
c) A reason code must be specified in the tolerance group for charging off payment differences
Financial Statements
5. Select the correct statements
a) Financial statements are defined according to financial statement versions
b) Financial statements can have a maximum of 10 hierarchy levels and are company code specific
c) Accounts can be assigned to different nodes in the hierarchy of the financial statements
d) Amounts are reflected in various groups within the financial statements according to the debit/ credit indicator and the specification of the general ledger accounts
e) Companies are restricted to 3 financial statement versions according to the 3 different charts of accounts
Payments
6. Which of the following statements are true or false
a) Payments from customers are usually processed using the automatic payment program
b) Customizing the automatic payment program includes defining payment methods by country as well as by company code
c) Partial payments clear the open items and cause residual items to be posted back to the account
d) Line items that are created when charging off the difference back to a vendor’s account, have reference to the original document that is being short paid
e) A document which is selected in the payment run, can be reallocated to a different payment method and house bank
7. Select the correct statement(s)
a) All vendor line items can be paid, as long as there is a reference to the house bank in the vendor master record
b) Every general ledger account that is linked to a house bank, must be maintained in the currency of the bank account
c) Specific programs linked with specific variants are used to create various types of payment media
d) Cheques (checks) that are not used are automatically voided by the system
e) All vendors must be assigned to a payment procedure in the master record in order to generate payments from the automatic payment program
Dunning
8. Which of the following statements are true or false
a) A dunning procedure must be assigned to the customer master record in order to dun the customer for late payments
b) Customers are only dunned according to the settings in the dunning procedure, which include the frequency, whether or not line items are printed with every letter that is issued, and how many grace days the system will accept before issuing a dunning letter
c) Dunning charges are levied on the customer’s account, and are reflected as a separate line item on the dunning letter
d) Interest can also be levied on the customer’s account according to the interest indicator in the customer master record
e) The master record of the customer is updated with the dunning level according to the highest dunned document in the customer account
f) Customers can be blocked from dunning by entering a dunning block key in the customer master record
Financial Closing
9. Select the correct statement(s)
a) An unrealized foreign currency valuation is created every time a foreign currency payment is made or received
b) Balance sheet accounts should be valuated according to the line items in the account
c) Assets are depreciated according to the depreciation key and useful life specified in the asset master record
d) The asset register is updated independently of the general ledger accounts for accumulated and expense depreciation
e) Balance confirmations are customized in the IMG, and cannot be linked to SAPScript forms
10. Which of the following statements are true or false
a) All reports must be executed using set variants, or user defined variants
b) The GR/IR account is a clearing account that must be maintained regularly by clearing open items
c) The balance carried forward program carries the balances of the accounts forward into the new posting period
d) The reconciliation ledger allows you to automatically reconcile the financial accounting and controlling modules
e) Assets under construction are settled periodically to fixed assets
f) Accrual documents are automatically reversed on the first day of the following period
SAP FICO Certification Question 1
Clearing
1. Select the correct statement(s)
a) All open item accounts are cleared automatically by running the automatic account clearing program
b) The open item indicator in the customer/ vendor master record must be activated in order to clear customer/ vendor open items
c) The open item indicator along with the line item display indicator is usually activated in the balance sheet clearing and profit and loss accounts
d) Accounts that are not automatically cleared can be cleared manually using the account clear function
e) A clearing document contains the line items to be cleared
2. Which of the following statements are true or false
a) All payment documents are clearing documents
b) Standard system maintenance includes clearing open items on a regular basis, either manually or automatically
c) Standard open items, special G/L transactions and noted items can be selected for clearing
d) If documents were cleared in error, the clearing must first be reset and the document must be reversed before attempting to clear again
e) Documents that are cleared have reference to the clearing document number in the document line items
Tolerances and payment differences
3. Select the correct statement(s)
a) Tolerance groups can be defined for customers, vendors and employees
b) The tolerance groups contain settings for permitted payment differences
c) Alternative accounts can be specified for the posting of payment differences
d) The values specified for the tolerances can be entered in a currency of your choice
e) All users that were not assigned to a tolerance group are by default assigned to the blank tolerance group
4. Which of the following statements are true or false
a) Tolerance groups can be assigned to general ledger accounts
b) Permitted payment differences are either defined as an amount or a percentage, not both
c) A reason code must be specified in the tolerance group for charging off payment differences
Financial Statements
5. Select the correct statements
a) Financial statements are defined according to financial statement versions
b) Financial statements can have a maximum of 10 hierarchy levels and are company code specific
c) Accounts can be assigned to different nodes in the hierarchy of the financial statements
d) Amounts are reflected in various groups within the financial statements according to the debit/ credit indicator and the specification of the general ledger accounts
e) Companies are restricted to 3 financial statement versions according to the 3 different charts of accounts
Payments
6. Which of the following statements are true or false
a) Payments from customers are usually processed using the automatic payment program
b) Customizing the automatic payment program includes defining payment methods by country as well as by company code
c) Partial payments clear the open items and cause residual items to be posted back to the account
d) Line items that are created when charging off the difference back to a vendor’s account, have reference to the original document that is being short paid
e) A document which is selected in the payment run, can be reallocated to a different payment method and house bank
7. Select the correct statement(s)
a) All vendor line items can be paid, as long as there is a reference to the house bank in the vendor master record
b) Every general ledger account that is linked to a house bank, must be maintained in the currency of the bank account
c) Specific programs linked with specific variants are used to create various types of payment media
d) Cheques (checks) that are not used are automatically voided by the system
e) All vendors must be assigned to a payment procedure in the master record in order to generate payments from the automatic payment program
Dunning
8. Which of the following statements are true or false
a) A dunning procedure must be assigned to the customer master record in order to dun the customer for late payments
b) Customers are only dunned according to the settings in the dunning procedure, which include the frequency, whether or not line items are printed with every letter that is issued, and how many grace days the system will accept before issuing a dunning letter
c) Dunning charges are levied on the customer’s account, and are reflected as a separate line item on the dunning letter
d) Interest can also be levied on the customer’s account according to the interest indicator in the customer master record
e) The master record of the customer is updated with the dunning level according to the highest dunned document in the customer account
f) Customers can be blocked from dunning by entering a dunning block key in the customer master record
Financial Closing
9. Select the correct statement(s)
a) An unrealized foreign currency valuation is created every time a foreign currency payment is made or received
b) Balance sheet accounts should be valuated according to the line items in the account
c) Assets are depreciated according to the depreciation key and useful life specified in the asset master record
d) The asset register is updated independently of the general ledger accounts for accumulated and expense depreciation
e) Balance confirmations are customized in the IMG, and cannot be linked to SAPScript forms
10. Which of the following statements are true or false
a) All reports must be executed using set variants, or user defined variants
b) The GR/IR account is a clearing account that must be maintained regularly by clearing open items
c) The balance carried forward program carries the balances of the accounts forward into the new posting period
d) The reconciliation ledger allows you to automatically reconcile the financial accounting and controlling modules
e) Assets under construction are settled periodically to fixed assets
f) Accrual documents are automatically reversed on the first day of the following period
SAP FICO Certification Question 1
SAP FICO Certification Question
SAP FICO Certification Question
Navigation
1. Select the correct statement(s)
a) When logging on to the R/3 system for the first time, you are required to change your password
b) Your customized personal settings are only available on a particular PC
c) The system menu is standard on all SAP screens
d) The SAP library is one of the help options, it also displays comprehensive help on the current application
e) F1 provides a list of field values or an option to search for the information in the case of an extensive list
2. Which of the following statements are True or False
a) You can only have one R/3 session open at a time
b) A client number is not required to log on to the SAP system
c) The help menu is only available when performing a particular task
d) The command field provides general information on the SAP system and transaction or task you’re working on
e) The status bar provides general information on the SAP system and transaction or task you’re working on
f) You can only create a favorites list containing transactions
Organizational Structures
3. Select the correct statement(s)
a) The Client is the highest legal entity in the SAP system architecture
b) One or many business areas can be assigned to a company code
c) Clients share master records and transaction tables
d) Multiple company codes can be assigned to a single controlling area
e) Company codes using different operational chart of accounts can be assigned to the same controlling area
4. Which of the following statements are True or False
a) A controlling area must be assigned to a company code for the purpose of transferring data to cost accounting for further processing
b) Cross company code controlling can be performed when one company code is assigned to multiple controlling areas
c) Business areas must be defined in the SAP organization structure
d) Data for profitability analysis is extracted from the operating concern
e) Company codes assigned to the same controlling area must have the same operational chart of accounts and the same fiscal year variant
General Settings
5. Select the correct statement(s)
a) A Fiscal year must be defined the same as a calendar year
b) A non calendar fiscal year can have any amount of posting periods
c) If the fiscal year is the same as the calendar year, year shifts must be specified for each posting period
d) The periods for a year dependant fiscal year are the same every year
e) The periods for a year independent fiscal year are the same every year
f) A shortened fiscal year must be defined as year dependant
6. Which of the following statements are True or False
a) Tax codes are defined per company code
b) Exchange rate types can be identified as US dollars, British Pounds etc.
c) An exchange rate spread is the difference between the bank buying rate and the bank average rate or the bank average rate and the bank selling rate
d) The minimum entry to open and close posting periods is the “+” indicator
e) You can only define 4 special periods for any fiscal year
Financial Accounting – G/L Master Data
7. Select the correct statement(s)
a) The chart of account segment (client segment) and company code segment form the complete G/L master record
b) The company code segment does not need to be activated for all the accounts in the chart of accounts
c) The currency of the account must be specified at the chart of accounts level
d) A field status group determines which fields are suppressed, displayed, required or optional
e) The field status group is assigned at the company code level
8. Which of the following statements are True or False
a) The ratio between operational chart of accounts and group chart of accounts is 1 to 1
b) The ratio between operational chart of accounts and country specific chart of accounts is 1 to 1
c) If the account currency is different to the company code currency, you can post amounts to the account in any currency
d) If the account currency is the same as the company code currency you can post amounts to the account in any currency
e) The group account determines the number range of the G/L account
f) The same number range can be assigned to all account groups
Financial Accounting – AP and AR Master Data
9. Select the correct statement(s)
a) The client segment, company code segment and purchasing organization segment form the complete customer master record
b) A vendor/ customer master record can be created for multiple company codes
c) The vendor account number is the link between AP and the G/L
d) More than one recon account can be specified per customer in the customer master record
e) An authorization group must be customized and assigned to every master record
10. Which of the following statements are True or False
a) The payment term must be assigned at the client segment, but can be changed at the company code segment
b) All customers within the same account group must have the same payment terms
c) The vendor’s banking details can be specified at the client segment for the purpose of EFT payments
d) Number ranges for customer and vendor accounts are determined per account group
e) 2 controls of the field status exist namely the account group and the transaction (ie. Create, change or display)
Document Control
11. Select the correct statement(s)
a) The document type controls the field status of the document
b) The posting date determines the posting period in the document
c) The posting key only determines the account of the posting, and whether the value is going to be a debit or a credit
d) Document numbers are always automatically assigned once the document is posted
e) Document types determine which account types can be posted to
12. Which of the following statements are True or False
a) Posting periods are opened and closed automatically
b) No more than 2 posting periods can be open at the same time
c) Posting keys are defined at the client level
d) The posting key used to debit a vendor account is 11
e) The posting key used to credit a customer account is 21
SAP FICO Certification Question
Navigation
1. Select the correct statement(s)
a) When logging on to the R/3 system for the first time, you are required to change your password
b) Your customized personal settings are only available on a particular PC
c) The system menu is standard on all SAP screens
d) The SAP library is one of the help options, it also displays comprehensive help on the current application
e) F1 provides a list of field values or an option to search for the information in the case of an extensive list
2. Which of the following statements are True or False
a) You can only have one R/3 session open at a time
b) A client number is not required to log on to the SAP system
c) The help menu is only available when performing a particular task
d) The command field provides general information on the SAP system and transaction or task you’re working on
e) The status bar provides general information on the SAP system and transaction or task you’re working on
f) You can only create a favorites list containing transactions
Organizational Structures
3. Select the correct statement(s)
a) The Client is the highest legal entity in the SAP system architecture
b) One or many business areas can be assigned to a company code
c) Clients share master records and transaction tables
d) Multiple company codes can be assigned to a single controlling area
e) Company codes using different operational chart of accounts can be assigned to the same controlling area
4. Which of the following statements are True or False
a) A controlling area must be assigned to a company code for the purpose of transferring data to cost accounting for further processing
b) Cross company code controlling can be performed when one company code is assigned to multiple controlling areas
c) Business areas must be defined in the SAP organization structure
d) Data for profitability analysis is extracted from the operating concern
e) Company codes assigned to the same controlling area must have the same operational chart of accounts and the same fiscal year variant
General Settings
5. Select the correct statement(s)
a) A Fiscal year must be defined the same as a calendar year
b) A non calendar fiscal year can have any amount of posting periods
c) If the fiscal year is the same as the calendar year, year shifts must be specified for each posting period
d) The periods for a year dependant fiscal year are the same every year
e) The periods for a year independent fiscal year are the same every year
f) A shortened fiscal year must be defined as year dependant
6. Which of the following statements are True or False
a) Tax codes are defined per company code
b) Exchange rate types can be identified as US dollars, British Pounds etc.
c) An exchange rate spread is the difference between the bank buying rate and the bank average rate or the bank average rate and the bank selling rate
d) The minimum entry to open and close posting periods is the “+” indicator
e) You can only define 4 special periods for any fiscal year
Financial Accounting – G/L Master Data
7. Select the correct statement(s)
a) The chart of account segment (client segment) and company code segment form the complete G/L master record
b) The company code segment does not need to be activated for all the accounts in the chart of accounts
c) The currency of the account must be specified at the chart of accounts level
d) A field status group determines which fields are suppressed, displayed, required or optional
e) The field status group is assigned at the company code level
8. Which of the following statements are True or False
a) The ratio between operational chart of accounts and group chart of accounts is 1 to 1
b) The ratio between operational chart of accounts and country specific chart of accounts is 1 to 1
c) If the account currency is different to the company code currency, you can post amounts to the account in any currency
d) If the account currency is the same as the company code currency you can post amounts to the account in any currency
e) The group account determines the number range of the G/L account
f) The same number range can be assigned to all account groups
Financial Accounting – AP and AR Master Data
9. Select the correct statement(s)
a) The client segment, company code segment and purchasing organization segment form the complete customer master record
b) A vendor/ customer master record can be created for multiple company codes
c) The vendor account number is the link between AP and the G/L
d) More than one recon account can be specified per customer in the customer master record
e) An authorization group must be customized and assigned to every master record
10. Which of the following statements are True or False
a) The payment term must be assigned at the client segment, but can be changed at the company code segment
b) All customers within the same account group must have the same payment terms
c) The vendor’s banking details can be specified at the client segment for the purpose of EFT payments
d) Number ranges for customer and vendor accounts are determined per account group
e) 2 controls of the field status exist namely the account group and the transaction (ie. Create, change or display)
Document Control
11. Select the correct statement(s)
a) The document type controls the field status of the document
b) The posting date determines the posting period in the document
c) The posting key only determines the account of the posting, and whether the value is going to be a debit or a credit
d) Document numbers are always automatically assigned once the document is posted
e) Document types determine which account types can be posted to
12. Which of the following statements are True or False
a) Posting periods are opened and closed automatically
b) No more than 2 posting periods can be open at the same time
c) Posting keys are defined at the client level
d) The posting key used to debit a vendor account is 11
e) The posting key used to credit a customer account is 21
SAP FICO Certification Question
SAP MM Certification Question 2
SAP MM Certification Question 2
Questions below are not in the SAP Certification format -- but still good as general test of SAP MM knowledge. If you don't agree with answers -- please post reply.
Indicate which statements are TRUE / FALSE.
1 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.
2 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.
3 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.
4 What are the ways in which invoice postings are possible?
a Manual posting
b Automatically through electronic transfer
c Evaluated receipt settlement
d Invoicing plan
e Consignment settlement
5 What happens when an invoice is posted?
a Material master always updated.
b Purchase order history updated
c Individual line items posted to appropriate accounts
d MM invoice document created if necessary.
e FI document always created.
6 What happens to accounting entries when an invoice is posted?
a GR/IR account debited, vendor account credited
b GR/IR account credited, vendor account debited.
7 There is a stock of 60 pc of a material having a standard price of Rs.9. A purchase order has been raised on the vendor for 40 pieces at Rs. 11 per pc. The material was received and invoice verified. What would the accounting entries show for this movement after IV?
a Stock account Rs. 360+, vendor account Rs. 360-
b Stock account Rs. 440+, vendor account Rs. 440-
c Stock account Rs. 440+, vendor account Rs. 360-
d Stock account Rs. 360+, vendor account Rs. 440-
e Stock account Rs.0, vendor account Rs. 80-
8 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
9 During invoice verification the system picks the rate at which tax is calculated from the vendor master record.
TRUE
FALSE
10 Which of the following does the system copy from the purchase order during invoice verification entry?
a Purchase order number
b Tax amount
c currency
d Vendor
e Bank information
11 From where can the terms of payment be an input for invoice verification?
a User entry
b Purchase order
c Purchase order history
d Vendor master
e Material master
12 An invoice can refer to various objects.
TRUE
FALSE
13 Where do you enter the delivery note number during invoice verification entry?
a Transaction area
b Header area
c Allocation area
d Vendor Data area
e The balance area
14 What can you enter in the Header area during invoice verification entry?
a Document date
b Purchase order number
c Invoice amount
d Bill of lading number
e Tax information
15 What do you enter in the allocation area?
Whether you want to enter an invoice
Whether you want to enter a credit memo.
16 Can all deliveries or services provided by a vendor be settled in a single invoice?
Yes
No
17 What operations can you do on an Item list in the invoice verification procedure?
a Change layout in customizing
b Sort
c Search
d Delete items not selected
18 What are the features of Purchase-order-Based Invoice Verification?
a All items in Purchase order are presented.
b Invoice is matched using delivery note number.
c The invoice quantity should not be greater than the actual delivered quantity.
d Suggested quantity is the difference between total delivered quantity and total invoice quantity.
19 If there are several goods receipts and invoices in a purchase order item, the purchase order history tells you which invoice came from which vendor in Purchase-Order-Based Invoice Verification.
TRUE
FALSE
20 In which type of invoice verification is it not possible to post an invoice before the first goods receipt?
GR-Based IV
PO-Based IV
21 In GR-based IV can you reassign invoices from one goods receipt to another?
Yes
No
22 Which of the functions are not associated with invoice verification?
a Environment information
b Simulate postings
c Communication with vendor
d Error Log
e Hold document
23 What validations does the system do to get the tax figure if the tax amount is not input?
a The system checks the tax code for the item from the PO.
b It validates whether calculate tax has been activated.
c If the system cannot determine a tax code for an item it uses the one that was last used.
d It does not permit for change of item tax codes in the item list.
e The system calculates the tax base for each tax code from the amounts and tax codes of the individual items.
24 In which kind of posting method in IV is the cash discount amount not credited to the stock or cost account?
Gross Posting
Net posting
25 What controls the posting of invoice as gross or net?
Item category
Document type
26 You have a purchase order for 25 pcs a 4 Rs / pc. All goods were received. You have also received from the vendor an invoice for the 25 pcs with a tax of 5%. There is a cash discount of 10 %. What will be the accounting document during invoice verification?
a Input tax will be 5+ in Gross Posting.
b Input tax will be 4.5+ in net Posting
c Stock account will be 10- in Gross posting
d Stock account will be 10- in Net posting
e Non operating result account will be 10- in Gross posting.
27 To which account does the cash discount amount get posted in Net posting
Non-operating result
Cash discount clearing
28 How can postings be done in invoice verification for a purchase order in foreign currency
a Fixed exchange rate at GR and IV.
b Current exchange rate at GR and IV
c Current exchange rate cannot be changed at IV.
d Exchange rate differences can occur
e Exchange rate difference postings are Customization based.
29 What validations does the system do during invoice verification?
a The system checks only those invoices where tolerance limits are set for variances customizing.
b If the variance is not within tolerance the system displays a message.
c If an upper tolerance limit is reached the system blocks payment for the entire invoice when you post it.
d For blocked invoices, the field "Payment block" is filled in the vendor line item in the MM invoice document.
e The blocked invoice must be released separately before it can be paid.
30 Under what situation does the system compares the ratio of PO quantity(in PO price units) / PO quantity (in PO units), invoice quantity (in PO price units / invoice quantity (in PO units)?
a Goods receipt before invoice receipt
b Invoice receipt before goods receipt.
31 During the check of invoices with which of the following variances does the system perform Date variance?
a Quantity Variance
b Price variance
c Purchase order price quantity variance
32 The initial Stock of a material is 200 pieces. There is a purchase order for 100 pieces at Rs. 0.75. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.80 per piece. What are the effects of the above at invoice verification?
a If the material is valuated at a standard price of Rs 1, the stock account will be 5+.
b If the material is valuated at a moving average price of Rs 1, the stock account will be 5+.
c If the material is valuated at a moving average price of Rs 1, the material master record reflects the moving average price at Rs 0.92.
d If the material is valuated at a standard price of Rs 1, the price difference expense account will be 5+.
e If the material is valuated at a standard price of Rs 1, the stock price difference income account will be 5+.
33 There is a purchase order for 100 pieces at Rs. 0.80. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.75 per piece. However at the time of receipt of invoice the stock of the material is only 30.What are the effects of the above at invoice verification?
a Stock account is 5-
b Stock account is 1.5-
c Stock account is 3.5-
d Price difference account is 3.5-
e Price difference account is 1.5-
34 How is the quantity that has already been invoiced valuated at goods receipt if the invoice is posted before goods receipt and the subsequent GR quantity is greater than the invoice quantity?
At purchase order price
At invoice price
35 How is the quantity valuated at IV for the materials received if the invoice quantity is greater than the GR quantity?
At purchase order price
At invoice price
36 For which case does the system block a material for a no usage decision made about any inspection lot in non goods receipt based invoice verification
For the goods receipt concerned.
For the purchase order item
37 What happens if an invoice item exceeds the set tolerance limit for amount check?
a The item is blocked for payment
b The entire invoice is blocked for payment
c The item is given blocking reason
38 Based on what does the system check the value for a schedule variance?
a Purchase order Price
b Invoice Price
c Invoice value
d Quantity variance
e Days variance
39 The greater the invoice value, the lower the tolerated quantity variance.
TRUE
FALSE
40 What are the features of stochastic blocking?
a Threshold value
b percentage
c If invoice value is equal to threshold value the probability of a block is equal to the percentage.
d If invoice value is equal to threshold value the system calculates the probability on a proportional basis.
e If invoice value is smaller than the threshold value the system calculates the probability on a proportional basis.
41 What does the system do when you perform the function Reducing Invoices
a Reduce an invoice
b Post invoice for the actual quantities and values
c Post a credit memo for the amount reduced
d Post a debit memo for the amount reduced
e Facilitate generation of a letter of complaint to the vendor.
42 A purchase order has been issued for 60 pieces at 5.00UNI/pc. Goods receipt for the purchase order is 40 pieces.. He receives an invoice for 60 pieces at the PO price along with a 10% tax.The purchase manager decides that the invoice has to be reduced. How does the system behave if this invoice is reduced?
a Vendor account is debited with 220 UNI in the invoice
b The input tax is credited with 30 UNI in the invoice
c The input tax is debited with 10 UNI in the credit note
d The vendor account is credited with 110 UNI in the credit memo.
e The clearing account for the invoice is credited with 100 UNI.
43 You have a purchase order for 50 pieces at 20UNI/pc. You receive 30 pieces and an invoice for 50 pieces at 25UNI/pc. You over write the suggested quantity in the invoice verification with the invoice quantity of 50 pieces and also the suggested amount of 600 UNI with 1000 UNI. What kind of partial reduction will the system perform?
a Price variance
b Quantity variance.
44 A vendor is issued a purchase order for 200 pieces at 10 UNI/pc and 10% tax. There was a goods receipt of 140 Pieces. The vendor sends an invoice for 200 pieces at 12 UNI/pc. The Purchase manager decides on a partial reduction with quantity variance. What will be accounting entries for the invoice and credit memo?
a Stock account in the invoice document is 300+
b Stock account does not get affected.
c Input tax in credit memo is 60-
d Vendor account in the credit memo is 660+
e Vendor account in the credit memo is 440+
45 What entries does the system pass at invoice verification if non- valuated goods receipt is defined for a purchase order with account assignment?
a Stock account debited
b Consumption account debited
c Vendor account credited
d GR/IR account debited
e GR/IR account credited
46 What can be the possible entries the system can make during invoice verification if a valuated good receipt is defined for a purchase order with account assignment and there is a price variance?
a Debit consumption
b Credit consumption
c Debit GR/IR
d Credit GR/IR
e Credit Vendor
47 Can the account assignment defined in the purchase order and suggested by the system during invoice verification be changed if valuated goods receipt are defined for the purchase order?
Yes
No
48 When does the system propose current account assignment?
Goods receipt
Invoice Verification
49 Can you inform the vendor the cause of invoice reduction in the letter of complaint while performing Total-Based Invoice reduction?
Yes
No
50 In Total Based acceptance what validations can the system do before deciding that the balance is too large for the invoice to be posted
a First checks whether the variance falls within the defined invoice reduction limit.
b First checks whether the variance falls within the small difference.
c If the difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit.
d If the positive difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit.
e If the invoice reduction limits are set to do not check, the system compares the variance with the acceptance limit.
51 Which costs are entered at item level in the purchase order?
Planned delivery costs
Unplanned delivery costs
52 A purchase order has been issued on a vendor for two materials. 150 units of material A has been ordered at 4 UNI/pc. 20 units of material B has been ordered at 45 UNI/pc. Two deliveries have taken place. In the first delivery the vendor has supplied 50 units of material A and 4 units of material B. In the second delivery the vendor has supplied 75 units of material A and 6 units of material B. The invoices for both the deliveries have been received and posted. He now sends an invoice of 950 UNI for delivery costs for both the deliveries that was not planned. The system has been configured to distribute delivery costs amongst items. How will the cost be apportioned to the material when the invoice is posted?
a Material A: 500 UNI
b Material A: 380 UNI
c Material B: 570 UNI
d Material B: 450 UNI
53 A purchase order has been issued on a vendor for two materials. 150 units of material A has been ordered at 4 UNI/pc. 20 units of material B has been ordered at 45 UNI/pc. The vendor has supplied all the materials. The invoice for the supply has been received and posted. He now sends an invoice that includes 875 UNI as freight charges and 125 UNI as custom duty that was not planned. The system has been configured to distribute delivery costs amongst items. How will the cost be apportioned when the invoice is posted?
a Stock account for Material A 380 +, Stock account for Material B 570 +
b Stock account for Material A 500 +, Stock account for Material B 450 +
c Freight clearing 875+
d Custom clearing 125 +
54 In customizing for invoice verification how can you configure unplanned delivery costs?
Distribute among the items
Post to separate G/L account
55 In which method does the unplanned delivery cost appear in the purchase order history?
When distributed among items
When posted to separate G/L accounts
56 What are the features of subsequent debit/credit?
a Changes total invoice value of a PO item.
b Changes total invoice quantity.
c Entries can be made only if an invoice has already been posted for the item
d Refers to a specific invoice.
e Flagged in the Purchase order history
57 Mentioned below are the details for a purchase order:Purchase order: 50 pcs at 2.00 UNI/pcGoods receipt: noneInvoice: 50 pcs at 2.00 UNI/pcSubsequent Invoice: 50 pcs = 20.00UNIWhat will be accounting entries when you post the invoice and make the subsequent debit/credit?
a Invoice: Vendor Account 100-
b Invoice: GR/IR account 100+
c Subsequent debit/credit: Stock account: 20+
d Subsequent debit credit: GR/IR account 20+
e Subsequent debit/credit: Vendor account 20-
58 When you post invoice items without reference to purchase orders where do have the facility for using display variants?
a Purchase order reference tab
b G/L Account tab
c Material tab
59 When you post invoice items without reference to purchase orders in which of the methods is the posting not made to a GR/IR clearing account?
Posting directly to G/L account
Posting directly to a material
60 When you post invoice items without reference to purchase orders on which tab page will you enter the currency?
a G/L account
b Material
c Basic Data
d Payment
e Detail
60 When you post invoice items without reference to purchase orders on which tab page can you enter the item data?
a G/L account
b Material
c Basic Data
d Payment
e Detail
61 What are the features of a Document Parking process?
a Saves the data
b Assigns a number to the document.
c Posts the data
d Lists document in the purchase order
e Deletes header and line items when document is deleted.
62 In which of the Document parking methods are the purchase order commitments cancelled out?
a Hold document
b Park document
c Save document as complete
63 In which of the document parking methods is the document taken into account during tax reporting?
a Park document
b Hold document
c Save document as complete
64 Which documents can you park?
a Delivery notes
b Credit memos
c Subsequent debit
d Subsequent credit
e Invoice
65 Of what is the work item a feature?
a Invoice verification
b Credit memos
c Subsequent debit/credit memos
d Document parking
66 What does a user in the completion processor group have to do to end the work flow?
a Save the invoice as complete
b Delete the invoice
c Post the invoice.
67 What are the features of a release procedure?
a Used for approval for release before the invoice documents are posted.
b On release the document gets posted
c On refusal of release the document is deleted.
d On refusal the document id returned to invoice verification for changes.
e The changed invoice document generates a new work item in the inbox of the person responsible for release.
68 If a vendor has charged a higher price in the invoice what do you enter?
a Credit memo
b Subsequent debit/credit?
69 What are the features of Invoice reversals?
a R/3 system creates a credit memo.
b In the accounting entry a price difference account can be posted while dealing with a material with moving average price.
c Even part of the invoice gets reversed.
d On reversal of a credit memo an invoice is created.
e You cannot reverse a reversal document.
70 In which of the following situations can an invoice not get blocked?
a Automatically due to variances in an item
b By entering a payment block manually
c By stochastic blocking
71 Release of blocked invoice for payment deletes the payment block.
TRUE
FALSE
72 What should you do to extend the payment period when you release the invoice?
a Make selection
b Release manually
c Release automatically
d Change baseline date for payment
e Select blocking procedure.
73 Which of the blocking reasons that no longer apply in all invoices that match the selection made gets deleted?
a Q
b D
c P
d I
74 Can you manually release items individually in an invoice?
Yes
No
75 What happens if the balance exceeds the tolerance limits in Invoice Verification in the background?
a The invoice documents are saved with the items created.
b The invoice document must be processed manually later
c The invoice document can be processed in the background again.
76 Can you change the invoice document manually and flag it for Invoice verification in the background again?
Yes
No
77 In which can you not settle delivery costs?
ERS
EDI
78 In which does the vendor not have to issue an invoice?
ERS
EDI
79 What happens to the GR/IR clearing account when the invoice quantity is greater than the delivered quantity.
a GR/IR clearing account must be maintained manually
b Another goods receipt is expected.
c Another invoice is expected.
d Another credit memo is expected
e Another return delivery is expected.
80 What happens when the open item in the GR/IR clearing account is cleared manually for a material with moving average price.?
a Stock account credited /debited if sufficient stock coverage.
b Posting to a price difference account if no stock coverage.
c Vendor account debited
d Vendor account credited.
81 To what is a chart of accounts assigned?
a Each Valuation area
b To each company code
c To each client
d To each plant
82 On what basis is automatic postings done for transactions?
a Accounts defined in chart of accounts.
b Accounts configured to dependent on valuation area
c Accounts configured to depend on debit/credit indicator.
83 On which transaction is the number range for EDI configured?
RD
RS
84 What is the document type for Gross posting?
a RD
b RS
c RE
d RN
85 For what can you define in a tax code whether the original document should be posted with a reduced tax or if the tax has to be corrected in the reduction document?
a Basic data
b Unplanned delivery costs
c Invoice reduction
d Invoices in foreign currencies.
87 In the settings for Bar code entry, to what do you assign a paper document type?
a Account assignment
b Document type
c Company code
d Transaction
e Plant
88 For what do you define a layout in customization?
Activating direct posting
Choosing an aggregation variant
89 When you set the duplicate invoice check reference as the reference criteria, what does this check validate?
a Company code
b Vendor
c Reference
d Document date
e Currency
90 Where would you define the probability for blocking in customization?
a Manual block
b Automatic block
c Stochastic block
91 What settings are possible in customizing to enable the system to react to variances based on purchase order and purchase order history?
a Only park
b Accept or park with tolerances
c Accept
d Reduce.
92 What is associated with message determination settings in customization of Invoice verification?
a Release group
b Condition tables
c Access sequences
d Tolerance limits
e Requirements
93 What authorizations can you set for each user in Invoice verification?
a Company codes in which postings can be made.
b Plants in which postings can be made.
c The blocking reasons that can be deleted
d Whether variances can be accepted manually without item reference.
e Assignment of user to tolerance group.
94 What does the transaction key BSX represent?
GR/IR clearing posting
Inventory Posting
95 Within which area do MM transactions for which you can configure the automatic posting facility occur?
a Purchasing management
b Materials Requirement Planning
c Inventory Management
d Invoice Verification
e Material Valuation
96 What are the influencing factors for configuration of account determination?
a Chart of accounts
b Material
c Material type
d MM transaction
97 What is the key for account determination that enables a differentiation for G/L account assignment depending on material
a Valuation grouping code
b Material
c Transaction
d Chart of accounts
e Material Type
98 Valuation grouping codes can correspond to a single chart of account.
TRUE
FALSE
99 Which chart of accounts includes specific requirements pertaining to consolidation?
a Country-specific chart of accounts
b Group Chart of accounts
100 What can you do if you want to turn off the dependency of account determination function on the valuation area?
a Create group chart of accounts
b Activate valuation grouping code
c Assign materials to a valuation class for each valuation area on the accounting view.
d Deactivate valuation grouping code
110 You have activated the valuation grouping code. What must necessarily follow?
a You must allow more than one valuation class for a material type.
b More than one material type can be allowed for a valuation class.
c You must assign a code to each valuation area.
d You can assign more than one valuation class to an account category reference.
111 What can be the relationship between the valuation area and the valuation grouping code?
a 1 to 1
b 1 to many
c Many to 1
d Many to many
112 Which one among the following options describes best the relationship between chart of accounts and company code?
a 1 to 1
b Many to 1
c 1 to many
d Many to many
113 What can be the relationship between valuation class and material type?
a 1 to 1
b Many to many
c Many to 1
d 1 to many
114 What establishes the relationship between a valuation class and material type?
a Valuation grouping code
b Account category reference
c G/L account
d Valuation category
115 What highlights the relationship between material types and G/L accounts?
a All materials for a material type can be assigned to a G/L account.
.b Different material types with all materials within them can be assigned to a G/L account
c Two different materials within the same material type can be assigned to different G/L accounts
d Group several material types and assign different G/L accounts to different materials within this group.
116 You assign each material type that is subject to quantity-based and value-based inventory management to an account category reference which is mandatory.
TRUE
FALSE
117 What controls the posting to a price difference account?
a Material
b Valuation class
c Account category reference
d Valuation grouping code
e Transaction key
118 What contains the key for the respective posting transactions?
Transaction key
Value string
119 In which mode can you access the assignments of value strings to goods movements and the breakdown of the vaue strings into transaction keys in Customizing for Inventory management and Physical Inventory?
a mandatory
b Optional
c Display
120 What are the transaction keys used for the subcontracting item categories?
a EIN
b BSV
c EKG
d FRL
e FRN
121 What transaction key is used to post a valuated goods receipt for purchase order items not subject to account assignment?
a BSX
b WRX
c PRD
d KDM
e BSV
122 What is value string WA01 defined for ?
a Goods receipt of standard and subcontracting purchase order items without account assignment concerning valuated material into stock.
b Deliveries without charge
c Goods issues
d Other goods receipts
123 Which value string is defined for Goods receipt of standard and subcontracting purchase order items without account assignment concerning valuated material into stock.?
a WE01
b WA14
c WA01
124 Which valuation string is used for Delivery without charge for material subject to standard price control, with posting date in the previous period and the standard price in the posting period is different to the standard price in the current period?
a WE01
b WA14
c WA01
125 What is the key for account determination that enables a G/L account assignment differentiation for the offsetting entry for an inventory posting.
a Valuation grouping code
b Chart of accounts
c Account grouping
d Valuation class
125 For which transaction key in materials Management in the standard system is account grouping active?
a BSX
b WRX
c PRD
d GBB
126 For which transactions can you change the account grouping?
a Invoice verification
b Inventory Management.
127 The rules that you use to define if the configuration of automatic posting for a posting transaction depends on which of the influencing factors?
a Valuation Group code
b Material/material type
c Account grouping
d Chart of accounts
e Valuation class
128 From where do the transaction keys for delivery cost postings come ?
a Purchasing calculation schema
b Value string
129 What does the system use for the account assignment category to determine the default account?
a Transaction key PRD
b Transaction key GBB
c Valuation group code
d Account grouping
e Valuation class
130 What are the characteristics of a Document type for Accounting documents?
a Two character alphanumeric code
b One number range per document
c Cannot assign authorization group
d Determines whether net posting is determined for the documents.
e Account types that may be used with the document type may be selected when entering documents.
131 What are the features of number assignment for accounting documents from MM?
a Configured for each company code
b Always linked to the fiscal year
c Numbers assigned without gaps
d Defines whether number assignment is external or internal
e The interval from which the number is assigned.
127 The rules that you use to define if the configuration of automatic posting for a posting transaction depends on which of the influencing factors?
a Valuation Group code
b Material/material type
c Account grouping
d Chart of accounts
e Valuation class
128 From where do the transaction keys for delivery cost postings come ?
a Purchasing calculation schema
b Value string
129 What does the system use for the account assignment category to determine the default account?
a Transaction key PRD
b Transaction key GBB
c Valuation group code
d Account grouping
e Valuation class
130 What are the characteristics of a Document type for Accounting documents?
a Two character alphanumeric code
b One number range per document
c Cannot assign authorization group
d Determines whether net posting is determined for the documents.
e Account types that may be used with the document type may be selected when entering documents.
131 What are the features of number assignment for accounting documents from MM?
a Configured for each company code
b Always linked to the fiscal year
c Numbers assigned without gaps
d Defines whether number assignment is external or internal
e The interval from which the number is assigned.
Indicate which statements are TRUE / FALSE.
1 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.
2 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.
3 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.
4 What are the ways in which invoice postings are possible?
a Manual posting
b Automatically through electronic transfer
c Evaluated receipt settlement
d Invoicing plan
e Consignment settlement
5 What happens when an invoice is posted?
a Material master always updated.
b Purchase order history updated
c Individual line items posted to appropriate accounts
d MM invoice document created if necessary.
e FI document always created.
6 What happens to accounting entries when an invoice is posted?
a GR/IR account debited, vendor account credited
b GR/IR account credited, vendor account debited.
7 There is a stock of 60 pc of a material having a standard price of Rs.9. A purchase order has been raised on the vendor for 40 pieces at Rs. 11 per pc. The material was received and invoice verified. What would the accounting entries show for this movement after IV?
a Stock account Rs. 360+, vendor account Rs. 360-
b Stock account Rs. 440+, vendor account Rs. 440-
c Stock account Rs. 440+, vendor account Rs. 360-
d Stock account Rs. 360+, vendor account Rs. 440-
e Stock account Rs.0, vendor account Rs. 80-
8 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
9 During invoice verification the system picks the rate at which tax is calculated from the vendor master record.
TRUE
FALSE
10 Which of the following does the system copy from the purchase order during invoice verification entry?
a Purchase order number
b Tax amount
c currency
d Vendor
e Bank information
11 From where can the terms of payment be an input for invoice verification?
a User entry
b Purchase order
c Purchase order history
d Vendor master
e Material master
12 An invoice can refer to various objects.
TRUE
FALSE
13 Where do you enter the delivery note number during invoice verification entry?
a Transaction area
b Header area
c Allocation area
d Vendor Data area
e The balance area
14 What can you enter in the Header area during invoice verification entry?
a Document date
b Purchase order number
c Invoice amount
d Bill of lading number
e Tax information
15 What do you enter in the allocation area?
Whether you want to enter an invoice
Whether you want to enter a credit memo.
16 Can all deliveries or services provided by a vendor be settled in a single invoice?
Yes
No
17 What operations can you do on an Item list in the invoice verification procedure?
a Change layout in customizing
b Sort
c Search
d Delete items not selected
18 What are the features of Purchase-order-Based Invoice Verification?
a All items in Purchase order are presented.
b Invoice is matched using delivery note number.
c The invoice quantity should not be greater than the actual delivered quantity.
d Suggested quantity is the difference between total delivered quantity and total invoice quantity.
19 If there are several goods receipts and invoices in a purchase order item, the purchase order history tells you which invoice came from which vendor in Purchase-Order-Based Invoice Verification.
TRUE
FALSE
20 In which type of invoice verification is it not possible to post an invoice before the first goods receipt?
GR-Based IV
PO-Based IV
21 In GR-based IV can you reassign invoices from one goods receipt to another?
Yes
No
22 Which of the functions are not associated with invoice verification?
a Environment information
b Simulate postings
c Communication with vendor
d Error Log
e Hold document
23 What validations does the system do to get the tax figure if the tax amount is not input?
a The system checks the tax code for the item from the PO.
b It validates whether calculate tax has been activated.
c If the system cannot determine a tax code for an item it uses the one that was last used.
d It does not permit for change of item tax codes in the item list.
e The system calculates the tax base for each tax code from the amounts and tax codes of the individual items.
24 In which kind of posting method in IV is the cash discount amount not credited to the stock or cost account?
Gross Posting
Net posting
25 What controls the posting of invoice as gross or net?
Item category
Document type
26 You have a purchase order for 25 pcs a 4 Rs / pc. All goods were received. You have also received from the vendor an invoice for the 25 pcs with a tax of 5%. There is a cash discount of 10 %. What will be the accounting document during invoice verification?
a Input tax will be 5+ in Gross Posting.
b Input tax will be 4.5+ in net Posting
c Stock account will be 10- in Gross posting
d Stock account will be 10- in Net posting
e Non operating result account will be 10- in Gross posting.
27 To which account does the cash discount amount get posted in Net posting
Non-operating result
Cash discount clearing
28 How can postings be done in invoice verification for a purchase order in foreign currency
a Fixed exchange rate at GR and IV.
b Current exchange rate at GR and IV
c Current exchange rate cannot be changed at IV.
d Exchange rate differences can occur
e Exchange rate difference postings are Customization based.
29 What validations does the system do during invoice verification?
a The system checks only those invoices where tolerance limits are set for variances customizing.
b If the variance is not within tolerance the system displays a message.
c If an upper tolerance limit is reached the system blocks payment for the entire invoice when you post it.
d For blocked invoices, the field "Payment block" is filled in the vendor line item in the MM invoice document.
e The blocked invoice must be released separately before it can be paid.
30 Under what situation does the system compares the ratio of PO quantity(in PO price units) / PO quantity (in PO units), invoice quantity (in PO price units / invoice quantity (in PO units)?
a Goods receipt before invoice receipt
b Invoice receipt before goods receipt.
31 During the check of invoices with which of the following variances does the system perform Date variance?
a Quantity Variance
b Price variance
c Purchase order price quantity variance
32 The initial Stock of a material is 200 pieces. There is a purchase order for 100 pieces at Rs. 0.75. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.80 per piece. What are the effects of the above at invoice verification?
a If the material is valuated at a standard price of Rs 1, the stock account will be 5+.
b If the material is valuated at a moving average price of Rs 1, the stock account will be 5+.
c If the material is valuated at a moving average price of Rs 1, the material master record reflects the moving average price at Rs 0.92.
d If the material is valuated at a standard price of Rs 1, the price difference expense account will be 5+.
e If the material is valuated at a standard price of Rs 1, the stock price difference income account will be 5+.
33 There is a purchase order for 100 pieces at Rs. 0.80. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.75 per piece. However at the time of receipt of invoice the stock of the material is only 30.What are the effects of the above at invoice verification?
a Stock account is 5-
b Stock account is 1.5-
c Stock account is 3.5-
d Price difference account is 3.5-
e Price difference account is 1.5-
34 How is the quantity that has already been invoiced valuated at goods receipt if the invoice is posted before goods receipt and the subsequent GR quantity is greater than the invoice quantity?
At purchase order price
At invoice price
35 How is the quantity valuated at IV for the materials received if the invoice quantity is greater than the GR quantity?
At purchase order price
At invoice price
36 For which case does the system block a material for a no usage decision made about any inspection lot in non goods receipt based invoice verification
For the goods receipt concerned.
For the purchase order item
37 What happens if an invoice item exceeds the set tolerance limit for amount check?
a The item is blocked for payment
b The entire invoice is blocked for payment
c The item is given blocking reason
38 Based on what does the system check the value for a schedule variance?
a Purchase order Price
b Invoice Price
c Invoice value
d Quantity variance
e Days variance
39 The greater the invoice value, the lower the tolerated quantity variance.
TRUE
FALSE
40 What are the features of stochastic blocking?
a Threshold value
b percentage
c If invoice value is equal to threshold value the probability of a block is equal to the percentage.
d If invoice value is equal to threshold value the system calculates the probability on a proportional basis.
e If invoice value is smaller than the threshold value the system calculates the probability on a proportional basis.
41 What does the system do when you perform the function Reducing Invoices
a Reduce an invoice
b Post invoice for the actual quantities and values
c Post a credit memo for the amount reduced
d Post a debit memo for the amount reduced
e Facilitate generation of a letter of complaint to the vendor.
42 A purchase order has been issued for 60 pieces at 5.00UNI/pc. Goods receipt for the purchase order is 40 pieces.. He receives an invoice for 60 pieces at the PO price along with a 10% tax.The purchase manager decides that the invoice has to be reduced. How does the system behave if this invoice is reduced?
a Vendor account is debited with 220 UNI in the invoice
b The input tax is credited with 30 UNI in the invoice
c The input tax is debited with 10 UNI in the credit note
d The vendor account is credited with 110 UNI in the credit memo.
e The clearing account for the invoice is credited with 100 UNI.
43 You have a purchase order for 50 pieces at 20UNI/pc. You receive 30 pieces and an invoice for 50 pieces at 25UNI/pc. You over write the suggested quantity in the invoice verification with the invoice quantity of 50 pieces and also the suggested amount of 600 UNI with 1000 UNI. What kind of partial reduction will the system perform?
a Price variance
b Quantity variance.
44 A vendor is issued a purchase order for 200 pieces at 10 UNI/pc and 10% tax. There was a goods receipt of 140 Pieces. The vendor sends an invoice for 200 pieces at 12 UNI/pc. The Purchase manager decides on a partial reduction with quantity variance. What will be accounting entries for the invoice and credit memo?
a Stock account in the invoice document is 300+
b Stock account does not get affected.
c Input tax in credit memo is 60-
d Vendor account in the credit memo is 660+
e Vendor account in the credit memo is 440+
45 What entries does the system pass at invoice verification if non- valuated goods receipt is defined for a purchase order with account assignment?
a Stock account debited
b Consumption account debited
c Vendor account credited
d GR/IR account debited
e GR/IR account credited
46 What can be the possible entries the system can make during invoice verification if a valuated good receipt is defined for a purchase order with account assignment and there is a price variance?
a Debit consumption
b Credit consumption
c Debit GR/IR
d Credit GR/IR
e Credit Vendor
47 Can the account assignment defined in the purchase order and suggested by the system during invoice verification be changed if valuated goods receipt are defined for the purchase order?
Yes
No
48 When does the system propose current account assignment?
Goods receipt
Invoice Verification
49 Can you inform the vendor the cause of invoice reduction in the letter of complaint while performing Total-Based Invoice reduction?
Yes
No
50 In Total Based acceptance what validations can the system do before deciding that the balance is too large for the invoice to be posted
a First checks whether the variance falls within the defined invoice reduction limit.
b First checks whether the variance falls within the small difference.
c If the difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit.
d If the positive difference is greater than the small difference it checks whether the variance falls within the defined invoice reduction limit.
e If the invoice reduction limits are set to do not check, the system compares the variance with the acceptance limit.
51 Which costs are entered at item level in the purchase order?
Planned delivery costs
Unplanned delivery costs
52 A purchase order has been issued on a vendor for two materials. 150 units of material A has been ordered at 4 UNI/pc. 20 units of material B has been ordered at 45 UNI/pc. Two deliveries have taken place. In the first delivery the vendor has supplied 50 units of material A and 4 units of material B. In the second delivery the vendor has supplied 75 units of material A and 6 units of material B. The invoices for both the deliveries have been received and posted. He now sends an invoice of 950 UNI for delivery costs for both the deliveries that was not planned. The system has been configured to distribute delivery costs amongst items. How will the cost be apportioned to the material when the invoice is posted?
a Material A: 500 UNI
b Material A: 380 UNI
c Material B: 570 UNI
d Material B: 450 UNI
53 A purchase order has been issued on a vendor for two materials. 150 units of material A has been ordered at 4 UNI/pc. 20 units of material B has been ordered at 45 UNI/pc. The vendor has supplied all the materials. The invoice for the supply has been received and posted. He now sends an invoice that includes 875 UNI as freight charges and 125 UNI as custom duty that was not planned. The system has been configured to distribute delivery costs amongst items. How will the cost be apportioned when the invoice is posted?
a Stock account for Material A 380 +, Stock account for Material B 570 +
b Stock account for Material A 500 +, Stock account for Material B 450 +
c Freight clearing 875+
d Custom clearing 125 +
54 In customizing for invoice verification how can you configure unplanned delivery costs?
Distribute among the items
Post to separate G/L account
55 In which method does the unplanned delivery cost appear in the purchase order history?
When distributed among items
When posted to separate G/L accounts
56 What are the features of subsequent debit/credit?
a Changes total invoice value of a PO item.
b Changes total invoice quantity.
c Entries can be made only if an invoice has already been posted for the item
d Refers to a specific invoice.
e Flagged in the Purchase order history
57 Mentioned below are the details for a purchase order:Purchase order: 50 pcs at 2.00 UNI/pcGoods receipt: noneInvoice: 50 pcs at 2.00 UNI/pcSubsequent Invoice: 50 pcs = 20.00UNIWhat will be accounting entries when you post the invoice and make the subsequent debit/credit?
a Invoice: Vendor Account 100-
b Invoice: GR/IR account 100+
c Subsequent debit/credit: Stock account: 20+
d Subsequent debit credit: GR/IR account 20+
e Subsequent debit/credit: Vendor account 20-
58 When you post invoice items without reference to purchase orders where do have the facility for using display variants?
a Purchase order reference tab
b G/L Account tab
c Material tab
59 When you post invoice items without reference to purchase orders in which of the methods is the posting not made to a GR/IR clearing account?
Posting directly to G/L account
Posting directly to a material
60 When you post invoice items without reference to purchase orders on which tab page will you enter the currency?
a G/L account
b Material
c Basic Data
d Payment
e Detail
60 When you post invoice items without reference to purchase orders on which tab page can you enter the item data?
a G/L account
b Material
c Basic Data
d Payment
e Detail
61 What are the features of a Document Parking process?
a Saves the data
b Assigns a number to the document.
c Posts the data
d Lists document in the purchase order
e Deletes header and line items when document is deleted.
62 In which of the Document parking methods are the purchase order commitments cancelled out?
a Hold document
b Park document
c Save document as complete
63 In which of the document parking methods is the document taken into account during tax reporting?
a Park document
b Hold document
c Save document as complete
64 Which documents can you park?
a Delivery notes
b Credit memos
c Subsequent debit
d Subsequent credit
e Invoice
65 Of what is the work item a feature?
a Invoice verification
b Credit memos
c Subsequent debit/credit memos
d Document parking
66 What does a user in the completion processor group have to do to end the work flow?
a Save the invoice as complete
b Delete the invoice
c Post the invoice.
67 What are the features of a release procedure?
a Used for approval for release before the invoice documents are posted.
b On release the document gets posted
c On refusal of release the document is deleted.
d On refusal the document id returned to invoice verification for changes.
e The changed invoice document generates a new work item in the inbox of the person responsible for release.
68 If a vendor has charged a higher price in the invoice what do you enter?
a Credit memo
b Subsequent debit/credit?
69 What are the features of Invoice reversals?
a R/3 system creates a credit memo.
b In the accounting entry a price difference account can be posted while dealing with a material with moving average price.
c Even part of the invoice gets reversed.
d On reversal of a credit memo an invoice is created.
e You cannot reverse a reversal document.
70 In which of the following situations can an invoice not get blocked?
a Automatically due to variances in an item
b By entering a payment block manually
c By stochastic blocking
71 Release of blocked invoice for payment deletes the payment block.
TRUE
FALSE
72 What should you do to extend the payment period when you release the invoice?
a Make selection
b Release manually
c Release automatically
d Change baseline date for payment
e Select blocking procedure.
73 Which of the blocking reasons that no longer apply in all invoices that match the selection made gets deleted?
a Q
b D
c P
d I
74 Can you manually release items individually in an invoice?
Yes
No
75 What happens if the balance exceeds the tolerance limits in Invoice Verification in the background?
a The invoice documents are saved with the items created.
b The invoice document must be processed manually later
c The invoice document can be processed in the background again.
76 Can you change the invoice document manually and flag it for Invoice verification in the background again?
Yes
No
77 In which can you not settle delivery costs?
ERS
EDI
78 In which does the vendor not have to issue an invoice?
ERS
EDI
79 What happens to the GR/IR clearing account when the invoice quantity is greater than the delivered quantity.
a GR/IR clearing account must be maintained manually
b Another goods receipt is expected.
c Another invoice is expected.
d Another credit memo is expected
e Another return delivery is expected.
80 What happens when the open item in the GR/IR clearing account is cleared manually for a material with moving average price.?
a Stock account credited /debited if sufficient stock coverage.
b Posting to a price difference account if no stock coverage.
c Vendor account debited
d Vendor account credited.
81 To what is a chart of accounts assigned?
a Each Valuation area
b To each company code
c To each client
d To each plant
82 On what basis is automatic postings done for transactions?
a Accounts defined in chart of accounts.
b Accounts configured to dependent on valuation area
c Accounts configured to depend on debit/credit indicator.
83 On which transaction is the number range for EDI configured?
RD
RS
84 What is the document type for Gross posting?
a RD
b RS
c RE
d RN
85 For what can you define in a tax code whether the original document should be posted with a reduced tax or if the tax has to be corrected in the reduction document?
a Basic data
b Unplanned delivery costs
c Invoice reduction
d Invoices in foreign currencies.
87 In the settings for Bar code entry, to what do you assign a paper document type?
a Account assignment
b Document type
c Company code
d Transaction
e Plant
88 For what do you define a layout in customization?
Activating direct posting
Choosing an aggregation variant
89 When you set the duplicate invoice check reference as the reference criteria, what does this check validate?
a Company code
b Vendor
c Reference
d Document date
e Currency
90 Where would you define the probability for blocking in customization?
a Manual block
b Automatic block
c Stochastic block
91 What settings are possible in customizing to enable the system to react to variances based on purchase order and purchase order history?
a Only park
b Accept or park with tolerances
c Accept
d Reduce.
92 What is associated with message determination settings in customization of Invoice verification?
a Release group
b Condition tables
c Access sequences
d Tolerance limits
e Requirements
93 What authorizations can you set for each user in Invoice verification?
a Company codes in which postings can be made.
b Plants in which postings can be made.
c The blocking reasons that can be deleted
d Whether variances can be accepted manually without item reference.
e Assignment of user to tolerance group.
94 What does the transaction key BSX represent?
GR/IR clearing posting
Inventory Posting
95 Within which area do MM transactions for which you can configure the automatic posting facility occur?
a Purchasing management
b Materials Requirement Planning
c Inventory Management
d Invoice Verification
e Material Valuation
96 What are the influencing factors for configuration of account determination?
a Chart of accounts
b Material
c Material type
d MM transaction
97 What is the key for account determination that enables a differentiation for G/L account assignment depending on material
a Valuation grouping code
b Material
c Transaction
d Chart of accounts
e Material Type
98 Valuation grouping codes can correspond to a single chart of account.
TRUE
FALSE
99 Which chart of accounts includes specific requirements pertaining to consolidation?
a Country-specific chart of accounts
b Group Chart of accounts
100 What can you do if you want to turn off the dependency of account determination function on the valuation area?
a Create group chart of accounts
b Activate valuation grouping code
c Assign materials to a valuation class for each valuation area on the accounting view.
d Deactivate valuation grouping code
110 You have activated the valuation grouping code. What must necessarily follow?
a You must allow more than one valuation class for a material type.
b More than one material type can be allowed for a valuation class.
c You must assign a code to each valuation area.
d You can assign more than one valuation class to an account category reference.
111 What can be the relationship between the valuation area and the valuation grouping code?
a 1 to 1
b 1 to many
c Many to 1
d Many to many
112 Which one among the following options describes best the relationship between chart of accounts and company code?
a 1 to 1
b Many to 1
c 1 to many
d Many to many
113 What can be the relationship between valuation class and material type?
a 1 to 1
b Many to many
c Many to 1
d 1 to many
114 What establishes the relationship between a valuation class and material type?
a Valuation grouping code
b Account category reference
c G/L account
d Valuation category
115 What highlights the relationship between material types and G/L accounts?
a All materials for a material type can be assigned to a G/L account.
.b Different material types with all materials within them can be assigned to a G/L account
c Two different materials within the same material type can be assigned to different G/L accounts
d Group several material types and assign different G/L accounts to different materials within this group.
116 You assign each material type that is subject to quantity-based and value-based inventory management to an account category reference which is mandatory.
TRUE
FALSE
117 What controls the posting to a price difference account?
a Material
b Valuation class
c Account category reference
d Valuation grouping code
e Transaction key
118 What contains the key for the respective posting transactions?
Transaction key
Value string
119 In which mode can you access the assignments of value strings to goods movements and the breakdown of the vaue strings into transaction keys in Customizing for Inventory management and Physical Inventory?
a mandatory
b Optional
c Display
120 What are the transaction keys used for the subcontracting item categories?
a EIN
b BSV
c EKG
d FRL
e FRN
121 What transaction key is used to post a valuated goods receipt for purchase order items not subject to account assignment?
a BSX
b WRX
c PRD
d KDM
e BSV
122 What is value string WA01 defined for ?
a Goods receipt of standard and subcontracting purchase order items without account assignment concerning valuated material into stock.
b Deliveries without charge
c Goods issues
d Other goods receipts
123 Which value string is defined for Goods receipt of standard and subcontracting purchase order items without account assignment concerning valuated material into stock.?
a WE01
b WA14
c WA01
124 Which valuation string is used for Delivery without charge for material subject to standard price control, with posting date in the previous period and the standard price in the posting period is different to the standard price in the current period?
a WE01
b WA14
c WA01
125 What is the key for account determination that enables a G/L account assignment differentiation for the offsetting entry for an inventory posting.
a Valuation grouping code
b Chart of accounts
c Account grouping
d Valuation class
125 For which transaction key in materials Management in the standard system is account grouping active?
a BSX
b WRX
c PRD
d GBB
126 For which transactions can you change the account grouping?
a Invoice verification
b Inventory Management.
127 The rules that you use to define if the configuration of automatic posting for a posting transaction depends on which of the influencing factors?
a Valuation Group code
b Material/material type
c Account grouping
d Chart of accounts
e Valuation class
128 From where do the transaction keys for delivery cost postings come ?
a Purchasing calculation schema
b Value string
129 What does the system use for the account assignment category to determine the default account?
a Transaction key PRD
b Transaction key GBB
c Valuation group code
d Account grouping
e Valuation class
130 What are the characteristics of a Document type for Accounting documents?
a Two character alphanumeric code
b One number range per document
c Cannot assign authorization group
d Determines whether net posting is determined for the documents.
e Account types that may be used with the document type may be selected when entering documents.
131 What are the features of number assignment for accounting documents from MM?
a Configured for each company code
b Always linked to the fiscal year
c Numbers assigned without gaps
d Defines whether number assignment is external or internal
e The interval from which the number is assigned.
127 The rules that you use to define if the configuration of automatic posting for a posting transaction depends on which of the influencing factors?
a Valuation Group code
b Material/material type
c Account grouping
d Chart of accounts
e Valuation class
128 From where do the transaction keys for delivery cost postings come ?
a Purchasing calculation schema
b Value string
129 What does the system use for the account assignment category to determine the default account?
a Transaction key PRD
b Transaction key GBB
c Valuation group code
d Account grouping
e Valuation class
130 What are the characteristics of a Document type for Accounting documents?
a Two character alphanumeric code
b One number range per document
c Cannot assign authorization group
d Determines whether net posting is determined for the documents.
e Account types that may be used with the document type may be selected when entering documents.
131 What are the features of number assignment for accounting documents from MM?
a Configured for each company code
b Always linked to the fiscal year
c Numbers assigned without gaps
d Defines whether number assignment is external or internal
e The interval from which the number is assigned.
Last edited by SAPman : 03-11-2006 at 04:59 PM.
| #2  03-11-2006 | |||
| |||
 See note at end regarding quality of answers. 1 a --- Yes b --- Yes c --- No d --- Yes e --- No 2 a --- Yes b --- Yes c --- Yes d --- Yes e --- Yes 3 a --- Yes b --- Yes c --- Yes d --- Yes 4 a --- Yes b --- Yes c --- Yes d --- Yes e --- Yes 5 a --- No b --- Yes c --- Yes d --- No e --- Yes 6 a --- Yes b --- 7 a --- No b --- No c --- No d --- Yes e --- No 8 a --- No b --- No c --- Yes d --- No e --- No 9 TRUE --- 10 a --- No b --- No c --- Yes d --- Yes e --- No 11 a --- Yes b --- Yes c --- No d --- No e --- No 12 TRUE --- 13 a --- No b --- No c --- Yes d --- No e --- No 14 a --- Yes b --- No c --- Yes d --- No e --- Yes 15 Whether you want to enter an invoice --- No Whether you want to enter a credit memo. --- No 16 Yes 17 a --- Yes b --- Yes c --- Yes d --- Yes 18 a --- Yes b --- Yes c --- No d --- Yes 19 FALSE 20 GR Based IV 21 NO 22 a --- No b --- No c --- No d --- No e --- No 23 a --- Yes b --- Yes c --- Yes d --- No e --- Yes 24 Yes NET POSTING 25 Doc type 26 a b --- No c --- No d --- Yes e --- No 27 Non-operating result Non-operating result --- Yes 28 a --- Yes b --- Yes c --- No d --- Yes e --- Yes 29 a --- No b --- Yes c --- No d --- No e --- Yes 30 a --- b --- Yes 31 a --- Yes b --- Yes c --- Yes 32 a --- No b --- Yes c --- No d --- Yes e --- No 33 a --- No b --- Yes c --- No d --- Yes e --- No 34 At PO price --- Yes 35 At PO price 36 At GR concerned --- Yes 37 a b --- Yes c --- Yes 38 a --- No b --- No c --- Yes d --- No e --- Yes 39 TRUE --- Yes 40 a --- Yes b --- Yes c --- Yes d --- No e --- Yes 41 a --- No b --- Yes c --- Yes d --- No e 42 a --- No b --- Yes c --- Yes d --- Yes e --- No 43 a --- Yes b 44 a --- Yes b --- No c --- Yes d --- Yes e --- No 45 a --- No b --- Yes c --- Yes d --- No e --- No 46 a --- Yes b --- Yes c --- Yes d --- No e --- Yes 47 NO 48 GR - No IV - yes 49 YES --- Yes 50 a --- No b --- Yes c --- No d --- Yes e --- Yes 51 Planned delivery cost 52 a --- Yes b --- No c --- No d --- Yes 53 a --- Yes b --- No c --- No d --- No 54 Distribute among the items --- yes Post to separate G/L account --- yes 55 When distributed among items --- No When posted to separate G/L accounts --- No 56 a --- Yes b --- No c --- Yes d --- No e --- Yes 57 a --- Yes b --- Yes c --- No d --- Yes e --- Yes 58 a --- No b --- Yes c --- No 59 Posting directly to G/L account --- No Posting directly to a material --- No 60 a --- No b --- No c --- Yes d --- No e --- No 60 a --- Yes b --- Yes c --- No d --- No e --- No 61 a --- Yes b --- Yes c --- No d --- Yes e --- No 62 a --- No b --- No c --- Yes 63 a --- Yes b --- No c --- Yes 64 a --- No b --- Yes c --- Yes d --- Yes e --- Yes 65 a --- No b --- No c --- No d --- Yes 66 a --- Yes b --- Yes c --- Yes 67 a --- Yes b --- Yes c --- No d --- Yes e --- Yes 68 a b --- Yes 69 a --- Yes b --- Yes c --- No d --- Yes e --- Yes 70 a --- No b --- No c --- No 71 TRUE 72 a --- No b --- No c --- No d --- Yes e --- No 73 a --- Yes b --- No c --- Yes d --- Yes 74 YES 75 a --- Yes b --- Yes c --- No 76 YES 77 ERS --- Yes EDI --- Yes 78 ERS --- Yes EDI 79 a --- Yes b --- Yes c --- No d --- Yes e --- No 80 a --- Yes b --- Yes c --- No d --- No 81 a --- No b --- Yes c --- No d --- No 82 a --- Yes b --- Yes c --- Yes 83 RD RS --- Yes 84 a --- No b --- No c --- Yes d --- No 85 a --- No b --- No c --- Yes d --- No 87 a --- No b --- Yes c --- No d --- No e --- No 88 Activating direct posting --- No Choosing an aggregation variant --- Yes 89 a --- Yes b --- No c --- Yes d --- Yes e --- No 90 a --- No b --- No c --- Yes 91 a --- Yes b --- Yes c --- Yes d --- Yes 92 a --- No b --- Yes c --- Yes d --- No e --- Yes 93 a --- Yes b --- Yes c --- Yes d --- Yes e --- Yes 94 GR/IR clearing posting Inventory Posting --- Yes 95 a --- No b --- No c --- Yes d --- Yes e --- Yes 96 a --- Yes b --- Yes c --- Yes d --- Yes 97 a --- No b --- Yes c --- No d --- No e --- Yes 98 TRUE --- Yes 99 a b --- Yes 100 a --- No b --- No c --- No d --- Yes 110 a --- No b --- No c --- Yes d --- No 111 a --- Yes b --- No c --- Yes d --- No 112 a --- No b --- No c --- Yes d --- No 113 a --- Yes b --- Yes c --- Yes d --- Yes 114 a --- No b --- Yes c --- Yes d --- Yes 115 a --- Yes .b --- Yes c --- Yes d --- Yes 116 TRUE 117 a --- No b --- No c --- No d --- No e --- Yes 118 Transaction key Value string --- Yes 119 a --- No b --- No c --- Yes 120 a --- No b --- Yes c --- No d --- Yes e --- Yes 121 a --- Yes b --- No c --- No d --- No e --- No 122 a --- No b --- No c --- Yes d --- Yes 123 a --- Yes b --- No c --- No 124 a --- No b --- Yes c --- No 125 a --- No b --- No c --- Yes d --- No 125 a --- No b --- No c --- No d --- Yes 126 a b --- Yes 127 a --- Yes b --- No c --- Yes d --- No e --- Yes 128 a --- Yes b 129 a --- No b --- Yes c --- No d --- Yes e --- No 130 a --- Yes b --- Yes c --- No d --- Yes e --- Yes 131 a --- Yes b --- No c --- Yes d --- Yes e --- Yes 127 a --- Yes b --- No c --- Yes d --- No e --- Yes 128 a --- Yes b 129 a --- No b --- Yes c --- No d --- Yes e --- No 130 a --- Yes b --- Yes c --- No d --- Yes e --- Yes 131 a --- Yes b --- No c --- Yes d --- Yes e --- Yes |
SAP MM Certification Questinons 2
SAP MM Certification Questinons 1
SAP MM Certification Questinons 1
Questions (TRUE or FALSE)
(Answers at end of this post)
1. Invoices can be released on item and header level?
2. On a Purchase Order with more than one line item, the different items can have prices (Gross price condition) that are on DIFFERENT currencies?
3. Public holidays are specified in the Factory calendar that are link to a specific Purchase Organization?
4. A “Material number template” can be set per MATERIAL TYPE?
5. The Quantity & Value update in the material type configuration can be set per Plant?
6. Number ranges for Vendor Masters (set at Account Group) must be either Internal or External – it can not be both?
7. Screen Sequence (which identifies the screen sequence for the display of the header details in the evaluation of the planning run) is set on lot size?
8. Purchase Organization + Purchasing Groups = Purchasing Area?
9. The validity period (start / end) can be entered in a Purchase Order and Purchase Requisition on header level?
10. Transaction “Create PO, Vendor unknown” can be used to create Purchase Orders and Purchase Requisitions?
11. With availability check – the current unrestricted stock can not be excluded from the calculation?
12. “Regular Vendor” (used in Info Records) is activated per Purchase Organization?
13. “Freezing of Book inventory” as used in Physical Inventory is only allowed if activated on Plant / S.Loc level?
14. If the posting Block was set for Physical Inventory document – you will not be able to process material movements until the difference is posted?
15. For invoice verification, a default tax code can be set up per company code?
16. When creating Contracts – a Purchase Organization must be specified?
17. One step Transfer postings can done between plants if the plants belong to different company codes?
18. In external service management a service entry sheet is the same as a goods receipt?
19. If the “Source List” selection is set in the material master then you must maintain a source list for the material?
20. If the “Quota Arrangement” option is set in a material master then you must maintain a quota arrangement for the material?
21. For valuation, a plant is assigned a chart of accounts?
22. For a Framework requisition (type FO) the validity dates are entered on header level?
23. MRP Area is a grouping of PLANTS?
24. MRP can create reservations?
25. Exchange rates can be changed during invoice verification (ref to PO) but it must be done before the PO number is typed in?
26. Manual postings to stock (GL) accounts can only be made if the current stock quantity is zero?
27. A material type can be configured to “allow pipeline” or “pipeline mandatory”?
28. Goods receipt to “GR block stock” for valuated material will create a material document?
29. Only one plant / storage location can be used in one Physical Inventory document?
30. Consignment info records can only be created in the currency of the company?
31. The same material (for a specific plant) can be set up for either batch management or split valuation – not both?
32. For MRP to create stock transport requisitions (PR with item category U) a source list must be set up?
33. When creating a Purchase Requisition for a material the price in the PR is from the material master?
34. Source lists can be created for a material group?
35. Planned delivery costs is specified in pricing conditions and can not be changed during invoicing?
36. Field selection can be linked to release indicator (status)?
37. Returnable transport packaging stocks are never valued?
38. Consignment stock can be receipted in block stock?
39. Stock can only go negative if the material is valued as standard price, not moving average price?
40. Reservations that are flagged for deletion can be un-deleted by simply removing the flag?
41. Purchase requisitions that are flagged for deletion can be un-deleted by simply removing the flag?
42. Requirements date on a reservation is specified on header level?
43. If the “Shelf live expiration date” (SLED) is set in the material master but not in the Purchase Order then it will not be checked during Goods Receipt?
44. End User training takes place during the “Go-Live and Support” phase of a project?
45. SAP Solution Manager provides the methodology through 3 roadmaps – Implementation, Solution Management & Global?
46. A Parked invoice is visible in the PO History?
47. A “Hold document” (invoice) is only visible in PO History if the balance is zero?
48. Automatic Invoice reduction can take place if the vendor specific tolerance is set up. Invoice reduction can only take place for positive differences and not for negative diverences?
49. Subsequent debit / credit will not post to GR/IR account?
50. Unplanned delivery costs will always post either to stock or consumption account?
51. The duplicate invoice check is activated on company code level?
52. Account assignment U can be used in PR and contract but not in Purchase Orders?
53. The same Valuation Grouping code can be linked to multiple plants belonging to different company codes?
54. Configuration takes place during the realization phase?
55. The project definition activity takes place in “Blueprint” phase?
56. For missing parts check to function, the availability checking must be activated for a material?
57. A message schema contains message types?
58. A Quote can be accepted or rejected?
59. In the material type configuration a setting is available to indicate if the material can be managed as consignment stock?
60. Reservations from production are called manual reservations?
Answers
1. FALSE – only on header
2. TRUE –Although the overall PO is only in one currency (specified on header) – individual items can have prices in different currencies.
3. FALSE -- Factory calendar is link to Plant
4. FALSE – It is set for the system
5. TRUE
6. FALSE – it can be both
7. FALSE – on MRP type
8. TRUE
9. FALSE – only in a PO
10. TRUE
11. TRUE --- only other stock types can be included/excluded, such as Block stock, QI stock, safety stock, ….
12. FALSE – per plant
13. TRUE
14. FALSE – until the count is entered (not posted)
15. TRUE
16. TRUE (on header level)
17. TRUE – it is known as a inter company transfer
18. TRUE – service entry sheet + acceptance is the same as goods receipt (movement type 101)
19. TRUE
20. FALSE – for quota arrangements the tick on material master only activates the functionality but the use is optional
21. FALSE – the chart of accounts is linked to the company code
22. FALSE – there is a FO type for purchase requisitions but no place to enter validity period. It is normally entered as free text in one of the long text fields
23. FALSE – grouping of Plant + Storage Location
24. FALSE – only planned orders, PR and delivery schedules
25. TRUE
26. FALSE – no manual postings can be made to stock accounts
27. TRUE
28. TRUE – but not an accounting document
29. TRUE – data is on header level
30. FALSE
31. TRUE
32. TRUE – to specify the supplying plant
33. TRUE –
34. FALSE – for a material (for a specific plant)
35. FALSE – it is conditions but it can be changed during invoicing (if variances are allowed)
36. TRUE – to indicate what fields in the document is display / mandatory / etc..
37. TRUE – only managed on quatity
38. TRUE – all the normal stock types are valid for consignment stock (QI, unrestricted , QI)
39. FALSE –moving average or standard
40. FALSE – flagged for deletion can not be reversed
41. TRUE
42. FALSE – item level. The Base date is on header level
43. FALSE – it can EITHER be set in PO or material master
44. FALSE – according to ASAP it takes place in the “Final Preparation” phase
45. TRUE --
46. TRUE
47. FALSE – hold invoice not visible in PO history
48. TRUE
49. FALSE -- answer corrected by suu
Questions (TRUE or FALSE)
(Answers at end of this post)
1. Invoices can be released on item and header level?
2. On a Purchase Order with more than one line item, the different items can have prices (Gross price condition) that are on DIFFERENT currencies?
3. Public holidays are specified in the Factory calendar that are link to a specific Purchase Organization?
4. A “Material number template” can be set per MATERIAL TYPE?
5. The Quantity & Value update in the material type configuration can be set per Plant?
6. Number ranges for Vendor Masters (set at Account Group) must be either Internal or External – it can not be both?
7. Screen Sequence (which identifies the screen sequence for the display of the header details in the evaluation of the planning run) is set on lot size?
8. Purchase Organization + Purchasing Groups = Purchasing Area?
9. The validity period (start / end) can be entered in a Purchase Order and Purchase Requisition on header level?
10. Transaction “Create PO, Vendor unknown” can be used to create Purchase Orders and Purchase Requisitions?
11. With availability check – the current unrestricted stock can not be excluded from the calculation?
12. “Regular Vendor” (used in Info Records) is activated per Purchase Organization?
13. “Freezing of Book inventory” as used in Physical Inventory is only allowed if activated on Plant / S.Loc level?
14. If the posting Block was set for Physical Inventory document – you will not be able to process material movements until the difference is posted?
15. For invoice verification, a default tax code can be set up per company code?
16. When creating Contracts – a Purchase Organization must be specified?
17. One step Transfer postings can done between plants if the plants belong to different company codes?
18. In external service management a service entry sheet is the same as a goods receipt?
19. If the “Source List” selection is set in the material master then you must maintain a source list for the material?
20. If the “Quota Arrangement” option is set in a material master then you must maintain a quota arrangement for the material?
21. For valuation, a plant is assigned a chart of accounts?
22. For a Framework requisition (type FO) the validity dates are entered on header level?
23. MRP Area is a grouping of PLANTS?
24. MRP can create reservations?
25. Exchange rates can be changed during invoice verification (ref to PO) but it must be done before the PO number is typed in?
26. Manual postings to stock (GL) accounts can only be made if the current stock quantity is zero?
27. A material type can be configured to “allow pipeline” or “pipeline mandatory”?
28. Goods receipt to “GR block stock” for valuated material will create a material document?
29. Only one plant / storage location can be used in one Physical Inventory document?
30. Consignment info records can only be created in the currency of the company?
31. The same material (for a specific plant) can be set up for either batch management or split valuation – not both?
32. For MRP to create stock transport requisitions (PR with item category U) a source list must be set up?
33. When creating a Purchase Requisition for a material the price in the PR is from the material master?
34. Source lists can be created for a material group?
35. Planned delivery costs is specified in pricing conditions and can not be changed during invoicing?
36. Field selection can be linked to release indicator (status)?
37. Returnable transport packaging stocks are never valued?
38. Consignment stock can be receipted in block stock?
39. Stock can only go negative if the material is valued as standard price, not moving average price?
40. Reservations that are flagged for deletion can be un-deleted by simply removing the flag?
41. Purchase requisitions that are flagged for deletion can be un-deleted by simply removing the flag?
42. Requirements date on a reservation is specified on header level?
43. If the “Shelf live expiration date” (SLED) is set in the material master but not in the Purchase Order then it will not be checked during Goods Receipt?
44. End User training takes place during the “Go-Live and Support” phase of a project?
45. SAP Solution Manager provides the methodology through 3 roadmaps – Implementation, Solution Management & Global?
46. A Parked invoice is visible in the PO History?
47. A “Hold document” (invoice) is only visible in PO History if the balance is zero?
48. Automatic Invoice reduction can take place if the vendor specific tolerance is set up. Invoice reduction can only take place for positive differences and not for negative diverences?
49. Subsequent debit / credit will not post to GR/IR account?
50. Unplanned delivery costs will always post either to stock or consumption account?
51. The duplicate invoice check is activated on company code level?
52. Account assignment U can be used in PR and contract but not in Purchase Orders?
53. The same Valuation Grouping code can be linked to multiple plants belonging to different company codes?
54. Configuration takes place during the realization phase?
55. The project definition activity takes place in “Blueprint” phase?
56. For missing parts check to function, the availability checking must be activated for a material?
57. A message schema contains message types?
58. A Quote can be accepted or rejected?
59. In the material type configuration a setting is available to indicate if the material can be managed as consignment stock?
60. Reservations from production are called manual reservations?
Answers
1. FALSE – only on header
2. TRUE –Although the overall PO is only in one currency (specified on header) – individual items can have prices in different currencies.
3. FALSE -- Factory calendar is link to Plant
4. FALSE – It is set for the system
5. TRUE
6. FALSE – it can be both
7. FALSE – on MRP type
8. TRUE
9. FALSE – only in a PO
10. TRUE
11. TRUE --- only other stock types can be included/excluded, such as Block stock, QI stock, safety stock, ….
12. FALSE – per plant
13. TRUE
14. FALSE – until the count is entered (not posted)
15. TRUE
16. TRUE (on header level)
17. TRUE – it is known as a inter company transfer
18. TRUE – service entry sheet + acceptance is the same as goods receipt (movement type 101)
19. TRUE
20. FALSE – for quota arrangements the tick on material master only activates the functionality but the use is optional
21. FALSE – the chart of accounts is linked to the company code
22. FALSE – there is a FO type for purchase requisitions but no place to enter validity period. It is normally entered as free text in one of the long text fields
23. FALSE – grouping of Plant + Storage Location
24. FALSE – only planned orders, PR and delivery schedules
25. TRUE
26. FALSE – no manual postings can be made to stock accounts
27. TRUE
28. TRUE – but not an accounting document
29. TRUE – data is on header level
30. FALSE
31. TRUE
32. TRUE – to specify the supplying plant
33. TRUE –
34. FALSE – for a material (for a specific plant)
35. FALSE – it is conditions but it can be changed during invoicing (if variances are allowed)
36. TRUE – to indicate what fields in the document is display / mandatory / etc..
37. TRUE – only managed on quatity
38. TRUE – all the normal stock types are valid for consignment stock (QI, unrestricted , QI)
39. FALSE –moving average or standard
40. FALSE – flagged for deletion can not be reversed
41. TRUE
42. FALSE – item level. The Base date is on header level
43. FALSE – it can EITHER be set in PO or material master
44. FALSE – according to ASAP it takes place in the “Final Preparation” phase
45. TRUE --
46. TRUE
47. FALSE – hold invoice not visible in PO history
48. TRUE
49. FALSE -- answer corrected by suu
Quote:
| If the quantity of the subsequent debit/credit is larger than the quantity delivered, the system distributes the relevant amount proportionally. The part of the subsequent debit/credit that does not have a goods receipt is posted to the GR/IR clearing account. The remaining amount is posted to the stock account – or in the case of standard price control or insufficient stock coverage – to a price difference account. |
50. FALSE – in config it can be set up to post to another GL account
51. FASLE – indicator in vendor master
52. FALSE – it can be used in some PO’s example: blanket PO, services (item cat D)
53. TRUE
54. TRUE
55. FASLE – “Project Preparation”
56. TRUE – it makes use of availability checking
57. TRUE (Used to print documents)
58. FALSE – only rejected (rejection indicator)
59. FALSE --
60. FALSE – manual reservation are those being created from MM
SAP MM Certification Questinons 1
51. FASLE – indicator in vendor master
52. FALSE – it can be used in some PO’s example: blanket PO, services (item cat D)
53. TRUE
54. TRUE
55. FASLE – “Project Preparation”
56. TRUE – it makes use of availability checking
57. TRUE (Used to print documents)
58. FALSE – only rejected (rejection indicator)
59. FALSE --
60. FALSE – manual reservation are those being created from MM
SAP MM Certification Questinons 1
SAP MM Certification Questions on ORGANISATIONAL STRUCTURES
SAP MM Certification Questions
1. Which of the following are examples of Organizasional elements in SAP?
(more than one answer can be correct)
1A Company Code
1B Material
1C Vendor
1D Purchase Organisation
1E Plant
MASTER DATA
2. A material master has been created for material 1234 in Plant 1000. You want to extend the material master to Plant 1100 for Purchasing, Storage and Accounting. Which transaction would you use?
(more than one answer can be correct)
2A Change Material Master record.
2B Create Material Master record.
2C Extend Material Master record.
2D Display Material Master record.
2E Maintain Material Master record.
PURCHASING
3. You wish to procure a material using a Purchase Order. You wish to take delivery of the material at different times. A graduated discount scale exists for the material. How do you proceed if you wish to take advantage of the discount arrangement?
(Only one answer is correct)
3A Enter several order items with the same material number and different delivery dates.
3B Enter one order item with the material number and assign the material to different accounts.
3C Enter an order item with the material number and create a number of schedule lines.
3D Enter a number of purchase orders for the material and specify different delivery dates.
3E Enter an order item with the material number and in the Purchase order header text field you specify the delivery dates and discount scales.
MATERIALS REQUIREMENTS PLANNING
4. To view the most up to date planning data (available stock, orders, reservations, etc.) on a material, use the:
(more than one answer can be correct)
4A Stock Overview report.
4B List display of material and accounting documents.
4C MRP list.
4D Stock Requirement list.
4E Standard Analysis for a material
5. A material forecast can be used by the following MRP types:
(Only one answer is correct)
5A Manual Reorder point planning.
5B Automatic reorder point planning.
5C Forecast based planning.
5D Time phased planning.
5E Storage location MRP
6. Materials planning can be set to automatically generate:
(more than one answer can be correct)
6A Contracts.
6B Purchase Requisitions.
6C Purchase Orders.
6D Planned Orders.
6E Delivery Schedules.
7. The following are lot sizing rules available for SAP R/3:
(more than one answer can be correct)
7A Fixed lot size.
7B Replenish to maximum stock level.
7C Weekly lot size.
7D Daily lot size.
7E Economic order quantity.
PURCHASING
8. Purchase Information records can be created or updated from:
(more than one answer can be correct)
8A Purchase Requisitions.
8B Purchase Orders.
8C Quotations.
8D Contracts.
8E Source Lists.
9. Which of the following apply to Purchase Orders?
(more than one answer can be correct)
9A The vendor must be specified in the Purchase Order Header.
9B All materials on a purchase order must be procured through the same purchasing group.
9C All materials on a purchase order must be of the same material group.
9D Discounts and surcharges can be maintained in the document header.
9E Discounts and surcharges can be maintained at line item level.
10. Which of the following is an Account Assignment category?
(more than one answer can be correct)
10A Material Group.
10B Purchase Requisition.
10C Sales Order.
10D Release Code.
10E G/L Account
11. Which of the following are Item Categories?
(more than one answer can be correct)
11A Consignment.
11B Service.
11C Manufacturing.
11D Cost Centre.
11E Subcontracting.
12. Which of the following documents can be subject to release (approval) procedure?
(more than one answer can be correct)
12A Planned Order.
12B Purchase Requisition.
12C Scheduling Agreement.
12D Purchase Order.
12E RFQ.
13. In Source lists the following can be sources of supply:
(more than one answer can be correct)
13A Vendor.
13B Contract.
13C Scheduling Agreement.
13D Quotation.
13E Quota Arrangement.
14. With automatic source determination, in which sequence does the SAP R/3 system search for possible sources of supply?
(Only one answer is correct)
14A Source List, Quota Arrangement, Contract, Information Record.
14B Quota Arrangement, Contract, Information Record, Source List.
14C Quota Arrangement, Source List, Contract, Information Record.
14D Source List, Contract, Quota Arrangement, Information Record.
14E None of the above.
15. Which of the following documents can be printed in SAP?
(more than one answer can be correct)
15A RFQ.
15B Purchase Order.
15C Service Entry Sheet.
15D Purchase requisition.
15E Contract.
16. Which of the following document types can appear in the purchase order history for a purchase order line item?
(more than one answer can be correct)
16A Another purchase order.
16B A goods receipt material document.
16C A service entry sheet.
16D An invoice.
16E A release procedure.
17. in which ways can purchase requisitions be created?
(more than one answer can be correct)
17A From contracts.
17B From source lists.
17C From material requirements planning.
17D Manually.
17E From delivery schedules.
18. A vendor has agreed to give your company a discount on all purchases during the festive season. What would be the quickest way of specifying this discount?
(Only one answer is correct)
18A Maintain the pricing conditions in all information records with the vendor to indicate the discount.
18B Maintain the pricing condition in all contracts with the vendor to indicate the discount.
18C Maintain the pricing conditions in the vendor master record to indicate the discount.
18D Maintain all source lists that uses the vendor to indicate the discount.
18E Maintain extended conditions against the vendor to indicate the discount.
19. A purchase order has been placed with a vendor for 100 pieces of material 1234. An over delivery tolerance of 5% has been specified for the material. The vendor has already delivered 20 pieces of material 1234 against the purchase order. When posting the next goods receipt against the purchase order, the SAP system will propose the following quantities of material 1234 for goods receipt:
(Only one answer is correct)
19A 0 pieces.
19B 85 pieces.
19C 20 pieces.
19D 100 pieces.
19E 80 pieces.
20. A purchase order has been placed with a vendor for 100 pieces of material 1234. An over delivery tolerance of 5% has been specified for the material. The vendor has already delivered 95 pieces of material 1234 against the purchase order. The delivery complete indicator has been set for the material in the purchase order. When posting the next goods receipt against the purchase order, the SAP system will propose the following quantities of material 1234 for goods receipt:
(Only one answer is correct)
20A 0 pieces.
20B 100 pieces.
20C 10 pieces.
20D 5 pieces.
20E No goods receipt will be allowed against the purchase order.
Rest of questions in next post
Last edited by SAPman : 11-27-2005 at 12:13 PM.
Reply With Quote
SAPman
View Public Profile
Send a private message to SAPman
Visit SAPman’s homepage!
Find all posts by SAPman
#2
Old 11-27-2005
SAPman SAPman is offline
Willem Hoek
Join Date: Oct 2005
Posts: 213
Send a message via Skype™ to SAPman
Default
21. You want to create a purchase order for external services. At the purchase order line level:
(Only one answer is correct)
21A The account assignment category for “Cost centres” or “Orders” must be used.
21B The item category for “services” must be specified.
21C The account assignment category for services must be specified.
21D The item category “unknown” must be specified.
21E The account assignment category for “text items” must be specified.
22. Purchasing pricing conditions can be maintained in:
(more than one answer can be correct)
22A Contracts.
22B Purchase orders.
22C Source lists.
22D Information records.
22E Quota Arrangements.
INVENTORY MANAGEMENT
23. Reservations can be created for:
(more than one answer can be correct)
23A Goods receipt for purchase order.
23B Goods receipt without a purchase order.
23C Goods issue to a cost centre.
23D Scrapping.
23E Transfer of stock from quality inspection to unrestricted stock.
24. Stocks can be withdrawn from the stores for consumption to a cost centre:
(Only one answer is correct)
24A From quality inspection stock.
24B From blocked stock.
24C From goods receipt blocked stock.
24D From unrestricted use stock.
24E From In-Transit stock.
25. Normal stock items that are received with reference to a purchase order can be received into:
(more than one answer can be correct)
25A Quality inspection stock.
25B Block stock.
25C Goods receipt block stock.
25D Unrestricted use stock.
25E In-Transit stock.
26. Which of the following stocks belong to a vendor, but are stored on your company’s premises?
(more than one answer can be correct)
26A Materials provided to a sub contractor.
26B Vendor consignment stock.
26C Returnable transport packaging.
26D Block stock.
26E Stock in transit.
27. Which of the following stock types can be counted through Physical Inventory procedure?
(more than one answer can be correct)
27A Unrestricted use stock.
27B Block stock.
27C Quality Inspection stock.
27D Vendor consignment stock.
27E In-transit stock.
28. A cost centre has reserved a quantity of a stock item for issue. When issuing the stock with reference to the reservation, the following quantity is proposed:
(Only one answer is correct)
28A Total available plant stock for the material.
28B Total available storage location stock for the material.
28C (A) or (B), whichever is the smallest.
28D Total reserved quantity on the reservation.
28E Open quantity on the reservation (Reserved, but not issued)
MATERIAL VALUATION
29. Which of the following cab possibly influence the valuation price of a moving average priced material?
(more than one answer can be correct)
29A Goods receipt for a purchase order.
29B Goods Issue to a cost centre.
29C Invoice verification against a purchase order.
29D Stock transfer between two storage locations in the same plant.
29E Transfer posting from unrestricted use stock to quality inspection.
REPORTS
30. Variants can be used to:
(Only one answer is correct)
30A Define default report formats such as column width and sort sequence.
30B Save reports.
30C Automatically execute reports.
30D Combine multiple reports into a summarized report.
30E Store user defined selection criteria for reports and analysis.
31. The following are examples of characteristics in the LIS
(more than one answer can be correct)
31A Plant.
31B Material.
31C Order quantity.
31D Month.
31E Total stock value.
GENERAL
32. In the SAP system a user can operate in the following hierarchies.
(more than one answer can be correct)
32A Service level.
32B Application level.
32C Main menu level.
32D Month.
32E Total stock value.
ORGANIZATIONAL STRUCTURES
33. In cross plant procurement a purchase organisation procures material and services for:
(Only one answer is correct)
33A Several purchasing groups.
33B Multiple plants belonging
33C Multiple plants belonging to the same company code.
33D A single plant belonging to different company codes.
33E One specific plant.
34. After a material master record has been created:
(more than one answer can be correct)
34A Only the views created can be displayed.
34B Information in new views can be added by changing the record.
34C The material number cannot be changed.
34D All information is stored at plant level.
34E The material type is displayed in the Basic data view.
35. The material type will determine the following?
(more than one answer can be correct)
35A Which views can be maintained.
35B The procurement type allowed for the material.
35C The valuation class.
35D The short text description.
35E All of the above.
CLASSIFICATION
36. The following terminology applies to the classification system:
(more than one answer can be correct)
36A Object value.
36B Class.
36C Item.
36D Object.
36E Characteristic value.
MATERIALS PLANNING
37. The main aim of materials planning is to determine:
(Only one answer is correct)
37A The total sales figures for a given period.
37B The buyers responsible for ordering materials.
37C The difference between ordered quantities and consumption.
37D The requirement of specific quantities of materials at specific times.
37E The quantity of material required in order to make a profit.
38. Once a planned order is generated by materials planning:
(Only one answer is correct)
38A It can only be converted in to a production order.
38B It can be converted into a purchase order.
38C It can only be converted into a purchase requisition.
38D It can be converted into a purchase requisition or purchase order.
38E It can be converted into a purchase requisition or production order.
39. Which of the following are true about Consumption Base Planning?
(more than one answer can be correct)
39A Future requirements are calculated from past consumption values.
39B Unforeseen consumption activity is covered by safety stock.
39C It is useful for A type materials (in the ABC analysis of materials).
39D It is assumed that the requirements will fluctuate.
39E It is particularly applicable to internally procured materials.
40. 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)
40A The Constant model.
40B The Constant trend model.
40C The Seasonal trend model.
40D The Fluctuating trend model.
40E The Seasonal model.
41. In backward scheduling for external procurement:
(Only one answer is correct)
41A The GR processing time is calculated in calendar days.
41B The planned delivery time is calculated in work days.
41C The planned delivery time is set at plant level.
41D The PO processing time is material specific.
41E None of the above.
PURCHASING
42. Which of the following statements are true with regard to RFQ’s and Quotations?
(more than one answer can be correct)
42A Each RFQ and quotation must have a separate number.
42B An RFQ can be created manually or with reference to purchase order.
42C By comparing vendor quotations, the system can determine a ranking list.
42D Conditions attached to quotations can be saved as info records.
42E Unsuccessful quotations can automatically be rejected.
43. In the SAP system, the reference document used in the purchasing cycle is the:
(Only one answer is correct)
43A Purchase requisition.
43B Info record.
43C Source list.
43D Purchase Order.
43E None of the above.
44. Which of the following statements are true about SAP purchasing documents?
(more than one answer can be correct)
44A All purchasing documents have header items and line items.
44B Purchase requisitions cannot be printed.
44C An account assignment category must be entered for a consumable material.
44D The item category defines which process is used to procure a material.
44E A vendor cannot be assignment to a purchase requisition.
45. Which of the following statements apply to release procedures?
(more than one answer can be correct)
45A Only purchase requisitions, purchase orders, RFQ’s and contracts can be blocked.
45B Blocked purchase orders can be sent to vendors but the order cannot be receipted.
45C More than one user may be required to release the document.
45D Blocked documents can be released collectively or individually.
45E Release purchase requisitions can be printed.
46. Which of the following apply to conditions?
(more than one answer can be correct)
46A An info record, quotation and outline agreement conditions are master conditions.
46B Conditions are item specific.
46C Master conditions can be set for a future date.
46D Conditions determine the effective price of a material.
46E A special anniversary discount from a vendor could be an extended condition.
47. In SAP purchasing contracts, which of the following statements are true?
(more than one answer can be correct)
47A A value contract has a validity period but a quantity contract has not.
47B Contracts can only be created referencing an RFQ, another contract or requisition.
47C Item category M (material unknown) cannot be used for value contracts.
47D When creating a release order, item categories M and W must be deleted.
47E A centrally agreed contract can be used to negotiate better prices from a vendor.
48. As of SAP release 4.0, the following are true for scheduling agreements:
(Only one answer is correct)
48A JIT scheduling must be used for time critical materials.
48B Schedule lines can be created automatically via MRP.
48C With agreement type LPA, the delivery schedule cannot be changed.
48D You are liable for all costs of a cancelled delivery in the trade off zone.
48E Account assignment categories must be determined in scheduling agreements.
49. Source lists can be maintained in the following ways:
(more than one answer can be correct)
49A Manually.
49B While creating a contract.
49C Automatically.
49D With reference to a purchase order.
49E from another source list.
50. If a source list is flagged as mandatory in the material master record:
(more than one answer can be correct)
50A All materials purchased in the same plant require source lists.
50B A material can be purchased without a source list if a contract exists.
50C The material can only be procured from vendors in the source list.
50D The material can be purchased from any vendor as long as a source list exists.
50E A requisition for the material can be created without a source list.
51. Your organisation has purchasing agreements with more than one supplier of a particular material. When using automatic source determination on SAP system:
(Only one answer is correct)
51A A quota arrangement will determine the cheapest source.
51B Internal procurement cannot be supported with quota arrangements.
51C The vendor selected by the quota arrangement has the highest quota rating.
51D Manually created requisitions can be split if the lot sizing key ES is set.
51E Quota arrangements take precedence over other purchasing documents.
52. Your system is configured to support your buying department in automatic source determination. Which of the following statements are true?
(Only one answer is correct)
52A A material master record must exist for a source to be determined.
52B A vendor cannot be used if it is blocked in the source list.
52C A quota arrangement, source list or outline agreement must exist.
52D If the regular vendor is set in customising, this vendor can only be used.
52E None of the above.
53. Purchase requisition 0100000023 has been created. You wish the system to convert this requisition automatically into a purchase order. After running the transaction you receive an error. What are the possible reasons for the error.
(more than one answer can be correct)
53A A vendor has not been assignment to the requisition.
53B The requisition is blocked at header level.
53C The automatic PO indicator has not been set in the source list.
53D The assigned vendor is blocked in the source list.
53E A material master record for this material does not exist.
54. A purchase order can be created on the SAP system:
(more than one answer can be correct)
54A Independently of any other purchasing documents.
54B Only if a requisition, outline agreement, or quotation exist on the system.
54C As a release order if it created with reference to a contract.
54D Without entering a purchasing group if a vendor master exists.
54E By converting a requisition by a planning run.
55. When creating a vendor master record, the account group determines, among other things:
(more than one answer can be correct)
55A Whether internal or external number assignment is required.
55B Which fields must be entered in the selected views.
55C The material you can purchase from this vendor.
55D Which partner roles are valid with this vendor.
55E The maximum order quantity you can place with the vendor.
56. When creating a purchase order for a material with a material master record:
(more than one answer can be correct)
56A The net price will be suggested from the accounting view.
56B It is not necessary to enter a purchasing group/
56C A stock transport order can be created if the material is made by your company.
56D The short text and material group do not have to be manually entered.
56E The plant or plants will be suggested automatically by the system.
INVENTORY MANAGEMENT
57. In the SAP system, which of the following activities are covered by inventory Management?
(more than one answer can be correct)
57A Goods issues.
57B Goods Receipts.
57C Reservations.
57D Consignment.
57E Subcontracting.
58. A delivery arrives at your warehouse for which no purchase order exists. In the SAP system, which of the following options are available to you:
(Only one answer is correct)
58A depending on the movement type, the system can generate a purchase order.
58B The item can only be received if the goods are non valuated.
58C You have to return the goods as a PO must be referenced with a goods receipt.
58D Receive the goods to block stock if the value is indicated on the delivery note.
58E The goods are received into GR blocked stock.
PURCHASING
59. A service master record contains the following:
(more than one answer can be correct)
59A A material master number.
59B Text.
59C A base unit of measure.
59D Conditions.
59E A valuation class for account determination.
60. A service entry sheet can be captured against:
(more than one answer can be correct)
60A Purchase requisition.
60B Outline agreement.
60C Purchase Order.
60D Master Service Schedule.
60E Invoice.
ANSWERS
1. A, D, E
2. B
3. C
4. C
5. B,C,D
6. B,D,E
7. A,B,C,D,E
8. B,C,D
9. A,B,E
10. C
11. A,B,E
12. B,C,D,E
13. A,B,C
14. C
15. A,B,C,E
16. B,C,D
17. C,D
18. E
19. E
20. A
21. B
22. A,B,D
23. B,C
24. D
25. A,B,C,D
26. B,C
27. A,B,C,D
28. D
29. A,C
30. D? (I think E)
31. A,B,D
32. B,C,E
33. C (and B…?)
34. A,C
35. A,B,C
36. B,D,E
37. D
38. E
39. A,B
40. C
41. E
42. C,D,E
43. D
44. B,C,D
45. A,C,D (for A, what about Service entry sheets)
46. A,C,D,E
47. D,E
48. B,E
49. A,B,C,E
50. C,E (why not A?)
51. E
52. E
53. A,D,E
54. A,C,E
55. B,C (I think also A & D)
56. C, D
57. A,B,C,D
58. A
59. B,C,E
60. C
Subscribe to:
Posts (Atom)