Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this unit.

When creating a material master record, you have to specify a material type. What does the material type control?

There are three correct answers.

The type of number assignment

The permissible length of the material short text

Whether a material may be ordered

Which views can be maintained

Whether a material may only be purchased from certain suppliers

Which organizational levels are relevant in the maintenance of a business partner with the supplier and FI vendor roles?

There are two correct answers.

Purchasing organization

Storage location

Purchasing group

Company code

If a raw material is transferred within one plant, what kind of posting is done in Financial Accounting?

Choose the correct answer.

Price difference posting is made

No posting is made

Only accounting documents are updated

A new account is created

Which of the following objects are represented by business partner master data?

There are two correct answers.

MRP area

Supplier

Storage location

Customer

You have ordered a material for the warehouse that is valuated at the moving average price (price control V). If you now post the goods receipt for this purchase order, which of the following things happen?

There are three correct answers.

The inventory posting is carried out at the purchase order price.

The total stock in the material master record is increased by the goods receipt quantity.

The moving average price in the material master record is recalculated based on the new stock value and the new total stock.

The moving average price is calculated according to the formula: total stock / total value.

You have ordered a material for the warehouse that is valuated at the standard price (price control S). If you now post the goods receipt for this purchase order, which of the following things happen?

There are two correct answers.

If the purchase order (PO) price differs from the standard price, this difference is directly posted to the stock account.

The inventory posting is carried out at the standard price defined in the material master record.

The standard price in the material master record is adjusted to the purchase order price.

The total stock in the material master record is increased by the goods receipt quantity.

What kind of data is a purchasing info record?

Choose the correct answer.

Transaction data

Customizing setting

Master data

Reporting data

Which of the following views can be created in a material master record?

There are three correct answers.

Purchasing organization data

Accounting

Sales

Sources of Supply

Forecasting

If you want to add a view to a material master record, you must change the material master record.

Choose the correct answer.

True

False

10.

Which of the following statements about the valuation class are correct?

There are two correct answers.

The valuation class is used to determine which stock account is updated during the goods movements of a material.

The valuation class is a grouping key that controls the procedure used to valuate a material.

Your choice of valuation class determines if purchasing conditions at plant level are allowed for a material.

The valuation class enables you to manage the stocks of several materials in one stock account.