Note: There are 3 correct answers to this question. More than one answer is correct. Please choose the correct answers.
a. The vendor master record is updated.
b. The provisions in the GR/IR clearing account are reversed.
c. The on-hand quantity in the material master is updated.
d. The purchase order history is updated.
e. An open item is created in the vendor's account.
2. What are the effects of a goods receipt into GR Blocked Stock?
a. Material management document
b. Financial document
c. Inventory account is debited
d. Transfer requirement if WM is activated
3. Which of the following are organizational levels relevant to procurement?
a. Client
b. Company Code
c. Warehouse
d. Plant
e. Shipping Point
f. Storage Location
g. Purchasing Organization
h. Purchasing Group
4. What are the views that make up the vendor master record?
a. General data which has data relevant at the client
level
b. Purchasing data relevant for the company code
c. Accounting data relevant for the company code
d. Accounting data relevant for the purchasing organization
5. Which G/L accounts are updated at goods receipt when purchasing a stock material?
a. Stock account
b. Vendor sub-ledger
c. Bank account
d. GR/IR
6. Which of the following are not effects of a goods receipt?
a. Update quantity in material master
b. Debit stock account for a stock item
c. Debit GR/IR account
d. Transport request if WM activated
e. Price variances posted
7. In ME21N, you can create a purchase order with reference to which of the following items?
a. RFQ
b. Source List
c. Purchase Requisition
d. Contract
8. During the Invoice Verification process, user can use the following document as a reference.
a. Purchase Requisition
b. Purchase Order
c. Inquiry
d. Material Document
e. Accounting Document
9. What accounts are affected during invoice verification?
a. Credit to revenue
b. Debit to GR/IR
c. Credit to stock account
d. Credit to vendor subledger
e. Debit to vendor subledger
10. Purchase Orders include all of the following organization data except
a. Company Code
b. Purchasing Group
c. Purchasing Organization
d. General Data
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Answer:
1) b, d, e
2) a (we don't own the good)
3) a, b, d, f, g, h
4) a, c (general, account, purchasing organization views)
5) a, d
6) c, e
7) a, c, d
8) b, d
9) b, d
10) d
