Knowledge quiz

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

Which of the following statements about the business partner data in SAP are correct?

There are two correct answers.

General data includes the company's marketing strategies and sales targets.

General data includes information such as vendor's address, control data, bank details, and contact persons.

The payment methods for transactions are part of the General data.

Financial Accounting data, maintained at company code level, includes details like the link to the General Ledger Accounting, correspondence information, and transaction payment methods.

General data and Financial Accounting data are always maintained at the same level within the system.

If there are discrepancies between the goods receipt and the invoice, how does the system react?

Choose the correct answer.

It cancels the goods receipt.

It warns the user and blocks invoice payment.

It triggers a workflow to the production department.

It creates a new purchase order.

What are the key advantages of SAP S/4HANA's approach to the valuation and recording of financial data?

There are two correct answers.

It consolidates financial reporting with cost-and revenue-related reporting using the same basic data.

It helps manage the company's legal matters.

It enables easy access to detailed information about cost structures and profit margins, supporting business decision-making.

It automatically sends monthly financial reports to external auditing firms.

What records are created for bike frames or wheels that are manufactured in-house?

Choose the correct answer.

Raw material records

Semi-finished material records

Finished material records

Purchasing material records

Which information does a purchase order contain?

There are two correct answers.

The supplier

The ordered material and quantity

The manufacturing plant

The customer

Which data is included in a payment document?

There are three correct answers.

The payment method

Which bank should be used

Which amount is to be paid

Sales order to be paid

Delivery to be paid

What role does the Financial Statement Version play in General Ledger Accounting within the SAP system?

Choose the correct answer.

It is used to map out the company's organizational structure

It is used to align General Ledger accounts with corresponding elements on the balance sheet and profit and loss statement

It assists in tracking and recording sales transactions

It facilitates the valuation and depreciation of fixed assets

What information is maintained on the storage view of a material master record?

Choose the correct answer.

Procurement time

Storage conditions

Material description

Material type

Which information does the purchase order item contain?

There are two correct answers.

The supplier

The material

The ordered quantity

The purchasing organization

10.

What is the basic procurement process in an SAP system?

Choose the correct answer.

Inquiry, sales order, purchase order, and delivery

Purchase order, goods receipt, and invoice receipt

Sales order, production order, and purchase order

Goods receipt, purchase order, invoice receipt, and vendor master