Your company the classic procedure for purchase orders Which of the following activities can you perform when you release a purchase order? Note: There are 2 correct answers to this question.

A. Delete the purchase order completely

B. Enter the release code assigned to your user

C. Reverse an already implemented release or rejection.

D. Change the value of the purchase order item

When the procurement process is without a material master in SAP Materials Management, which configuration element do you assign to the valuation class? Please choose the correct answer.

A. Material type

B. Item category.

C. Valuation area

D. Material group

You intend to procure low-value material over a period of time up to a specific amount. What type of purchasing document is best suited for this purpose?

Please choose the correct answer.

A. Service purchase order

B. Release purchase order

C. Standard purchase order

D. Blanket purchase order

A supplier delivers material to your warehouse; however, you are only obliged to pay the supplier once you

have withdrawn the stock.

Which procurement process would you implement for this purpose?

Please choose the correct answer.

A. Stock transfer

B. Third-party

C. Standard

D. Consignment

You have ordered a stock material that is valuated with a standard price. The price in the purchase order (PO) is higher than the standard price of the material. Which accounts are updated at goods receipt?

Note. There are 3 correct answers to this question

A. GR/IR

B. Stock

C. Price differences

D. Inventory differences

E. Material consumption

How can you personalize the Procurement Overview app?

There are 3 correct answers to this question.

A. Extend the set with a new card.

B. Change the set of cards.

C. Filter the content of the cards.

D. Change the position of the cards.

E. Hide an existing card.

What are some key features of the goods-receipt-based (GR-based) invoice verification? There are 3 correct answers to this question.

A. The system generates an invoice item for each purchase order item.

B. Each invoice item is assigned to a goods receipt item.

C. After posting, you can reassign invoices from one goods receipt to another.

D. As a prerequisite, the indicator for GR-based invoice verification is set in the purchase order item.

E. A goods receipt must be posted prior to the invoice.

You have agreed on a value contract with a supplier for packaging. The exact materials and their purchase prices are NOT specified until the release orders. Which item category must you use when creating the contract?

A. W (Material group)

B. M (Material unknown)

C. B (Limit)

D. T (Text)

Production planning and product costing are to be implemented in your company. Which organizational level must you choose for stock valuation?

A. Company code

B. Controlling area

C. Business area

D. Plant

What must you do when using supplier consignment? Note: There are 2 correct answers to this question.

A. Settle liabilities resulting from consignment stock receipts.

B. Create consignment info records.

C. Create consignment storage locations.

D. Settle liabilities resulting from consignment stock withdrawals.