IT2401 Materials Management (MM)
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Questions and Answers

What type of master data includes information for business activities with an external supplier?

  • Condition Master Data
  • Output Master Data
  • Vendor Master Data (correct)
  • Purchasing Info Record
  • How many views is the Vendor Master divided into in SAP S/4HANA?

  • 2
  • 5
  • 3 (correct)
  • 4
  • Which department typically uses and maintains the Vendor Master Data?

  • Sales Department
  • Purchasing and Accounting Departments (correct)
  • Marketing Department
  • Human Resources Department
  • What information is included in the Material Master Data?

    <p>All the information a company needs to manage a material</p> Signup and view all the answers

    Which part of the Vendor Master Data includes vendor address and preferred communication details?

    <p>Client Level</p> Signup and view all the answers

    Where can reconciliation account and bank account details be found within the Vendor Master Data?

    <p>Company Code Data</p> Signup and view all the answers

    What is the smallest organizational unit in the MM organizational structure where a legal set of books can be maintained?

    <p>Company Code</p> Signup and view all the answers

    Which unit in Materials Management is responsible for differentiating various material stocks in a plant?

    <p>Storage Location</p> Signup and view all the answers

    In the MM organizational structure, where does the buying activity for a plant take place?

    <p>Purchasing Organization</p> Signup and view all the answers

    Which unit is responsible for negotiating the conditions of purchase with vendors in Materials Management?

    <p>Purchasing Group</p> Signup and view all the answers

    What is the organizational unit within Purchasing that serves as the communication channel for vendors?

    <p>Purchasing Group</p> Signup and view all the answers

    Which unit within Materials Management includes manufacturing, distribution, purchasing, or maintenance facilities?

    <p>Plant</p> Signup and view all the answers

    What is the purpose of the Sales area in Material Master data?

    <p>To specify details on the Delivery Plant and Loading Group</p> Signup and view all the answers

    Which view of Material Master data contains material information relevant to the entire organization?

    <p>General Information</p> Signup and view all the answers

    What does Purchasing Information Record help buyers determine quickly?

    <p>Which vendors have offered or supplied specific materials</p> Signup and view all the answers

    Which of the following is part of the Procure-to-Pay process in MM Processes?

    <p>Notify Vendor</p> Signup and view all the answers

    What does the relation between a vendor and a material form in the framework for Purchase Order?

    <p>Data on pricing and conditions</p> Signup and view all the answers

    Which area of Material Master data includes details on the stock quantity?

    <p>Storage Location</p> Signup and view all the answers

    What type of document is used to instruct the purchasing department to request a specific good or service for a specified time?

    <p>Purchase Requisition</p> Signup and view all the answers

    How many ways can a purchase requisition be created?

    <p>Two ways</p> Signup and view all the answers

    What does MRP stand for in the context of creating a purchase requisition indirectly?

    <p>Material Requirement Planning</p> Signup and view all the answers

    Which of the following is NOT a way that a purchasing department can process a requisition to determine the appropriate Source of Supply?

    <p>Vendor Shipment</p> Signup and view all the answers

    What does the Source List record specify for material procurement within a company?

    <p>Sole vendor for procurement</p> Signup and view all the answers

    When an internal source is identified as a potential supply for materials, how is the requirement usually covered?

    <p>Stock transport order</p> Signup and view all the answers

    What is a key function of vendor evaluation?

    <p>Monitoring vendor relations</p> Signup and view all the answers

    Which of the following is a sub-criteria under the Quality criterion in vendor evaluation?

    <p>Complaints/Rejection level</p> Signup and view all the answers

    What does a Purchase Order primarily serve as?

    <p>A formal request to a vendor for specific material or service</p> Signup and view all the answers

    Which criterion in vendor evaluation includes Ontime Delivery Performance as a sub-criteria?

    <p>Delivery</p> Signup and view all the answers

    What is represented by a movement type in the context of goods receipt?

    <p>Goods acceptance into the system</p> Signup and view all the answers

    Which of the following is NOT a form generated from the Purchase Order?

    <p>Quality Audit Forms</p> Signup and view all the answers

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