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 (C)</p> Signup and view all the answers

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

<p>Client Level (C)</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 (D)</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 (C)</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 (A)</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 (B)</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 (A)</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 (A)</p> Signup and view all the answers

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

<p>Plant (C)</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 (B)</p> Signup and view all the answers

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

<p>General Information (C)</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 (C)</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 (A)</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 (B)</p> Signup and view all the answers

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

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

How many ways can a purchase requisition be created?

<p>Two ways (C)</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 (A)</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 (A)</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 (C)</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 (D)</p> Signup and view all the answers

What is a key function of vendor evaluation?

<p>Monitoring vendor relations (D)</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 (A)</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 (B)</p> Signup and view all the answers

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

<p>Delivery (A)</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 (D)</p> Signup and view all the answers

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

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

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