Topic: Invoice Verification

Question 1
Which options for handling cash discounts are available in R/3?
1. Gross or net posting at the time of goods receipt
2. Gross or net posting at the time of invoice receipt
3. Gross or net posting at the time of purchase order entry
4. Deduction of cash discount during the payment run in Financial Accounting
5. Gross or net posting when the invoice is released

Question 2
Which of the following statements on purchasing transactions using foreign
currencies are correct?
1. An exchange rate can be entered in the order header. This is only for statistical
purposes to be able to analyze fluctuations.
2. At goods receipt the system uses the current exchange rate.
3. You can configure the system so that it uses the current exchange rate in Invoice
Verification.
4. You can configure the system so that it uses the exchange rate from the purchase
order in Invoice Verification.
5. You can configure the system so that it uses the exchange rate from the order
header in Invoice Verification.

Caution: more than one answer may be correct.

Please mark ALL correct answers.

Question:
You wish to procure a material using a purchase order. You wish to take delivery of the material at different times. A graduated discount scale exists
for the material. How do you proceed if you wish to take advantage of the discount arrangement?
A Enter several order items with the same material number and different delivery dates
B Enter one order item with the material number and assign the material to different accounts
C Enter an order item with the material number and create a number of schedule lines
D Enter a number of purchase orders for the material and specify different delivery dates
Question:
In the purchase order on which the goods receipt is based, you defined a purchase order unit that differs from the purchase order unit. What is the
significance of the purchase order price unit and what should you take note of in the case of a goods receipts?
A The purchase order price unit is stored in the material master record or purchasing info record and defines the unit of
measure in which the material is ordered.
B The system establishes the relationship between the purchase order price unit and the purchase order unit conversion
in the purchase order.
C At the time of goods receipt, both the quantity in the purchase order unit and the quantity in the purchase order price
unit have to be entered, however, the quantity in purchase order pice unit is calculated by the system. You have to
change it when the calculated quantity differs from reality.
D Both at the time of goods receipt and invoice verification, the material is valuated on the basis of the purchase order unit.
Question:
You enter a goods issue and receive the following message: "W: On , only 0.000 pieces are available". What do you conclude from this?
A. No stocks of the material exist anywhere in the entire plant. Therefore, nothing can be withdrawn.
B. Only the specified storage location does not contain any stocks of the material. Therefore, nothing can be withdrawn.
C. The material exist in the specified storage location on the current day, however, it is unavailable, because of other
reservations.
D. The message represents a warning which you can ignore by pressing the ENTER key.
Question:
Which of the following statements on procuring a material of the material type NLAG are correct?
A. The purchase order must be acount assigned.
B. The goods receipt must always be unvaluated.
C. when you enter an invoice, you can change the account assignement as long as the goods receipt was unvaluated.
D. When the material is for consumption, no document is ever created in Financial Acccounting.
Question:
Which of the following stock transfer are relevant to valuation?
A. Stock transfer from storage location to storage location in the same plant or company code.
B. Stock transfer from consignment stores of vendor XY to our unrestricted-use stock in storage location 0001.
C. Stock transfer from stock in quality inspection in storage location 001 to stock in quality inspection in storage
location 0002 in the same plant.
D. Stock transfer of a material from storage location 0001 from plant 0001 to plant 0002. The plants belong to
the same company, however the valuation areas are different (valuation level is plant).

How can you store long-term prices for services in the form of service conditions?
Answer 1 At the service level
Answer 2 At the service and plant level
Answer 3 At the service and vendor level
Answer 4 At the service, vendor and plant level
Answer 1 ,3 and 4 , Long term prices can be maintained at Service level, Service and Vendor level or Service, Vendor and Plant level.
What would you evaluate if you want to trace whether your purchase requisition items have been processed?
Answer 1 Material status
Answer 2 Processing status
Answer 3 Item Status
Answer No. 2: Processing status

Question 3
What must you take into account if you want to post an invoice before the goods
receipt? What are the consequences of using this procedure?
1. You must set the GR-based invoice verification indicator in the purchase order at
the latest.
2. Before you enter the invoice, you must set the GR-based invoice verification
indicator in the vendor master record.
3. The system cannot refer to the quantity to be settled and the corresponding
amount. You must enter this information manually every time.
4. The system identifies a quantity variance and blocks the invoice for payment
(provided that the appropriate tolerance limits are exceeded).

Topic: Master Data

Question 1
Which of the following statements about the material number are true?
1. You can extend the length of the material number to a maximum of 40 characters.
You configure this in Customizing.
2. When you create a material, the system checks if the material number falls within
a number range defined in Customizing, depending on the material type.
3. The system checks the existence of the material number in all transactions that
work with material master records.
4. When you create a new material master record without specifying a material
number, the system always generates a material number automatically.
5. You can use a template to format the material number, which you configure in
Customizing. It applies to all material master records in an R/3 System.

Question 2
What controls the account group in the vendor master?

1. Account determination
2. Field selection in the vendor master
3. Type of number assignment for vendor master
4. Particular use of vendor master record

Question 3:
Which of the following statements on procuring a material of the material type NLAG
are correct?
A. The purchase order must be acount assigned.
B. The goods receipt must always be unvaluated.
C. when you enter an invoice, you can change the account assignement as long as
the goods receipt was unvaluated.
D. When the material is for consumption, no document is ever created in Financial
Acccounting.

Question:

You wish to procure a material using a purchase order. You wish to take delivery of the
material at different times. A graduated discount scale exists for the material. How do
you proceed if you wish to take advantage of the discount arrangement?

A Enter several order items with the same material number and different delivery dates.
B Enter one order item with the material number and assign the material to different
accounts.
C Enter an order item with the material number and create a number of schedule lines.
D Enter a number of purchase orders for the material and specify different delivery
dates.

Answers: B,C

Question:

In the purchase order on which the goods receipt is based, you defined a purchase order
unit that differs from the purchase order unit. What is the significance of the purchase
order price unit and what should you take note of in the case of a goods receipts?

A The purchase order price unit is stored in the material master record or purchasing
info record and defines the unit of measure in which the material is ordered.
B The system establishes the relationship between the purchase order price unit and the
purchase order unit conversion in the purchase order.
C At the time of goods receipt, both the quantity in the purchase order unit and the
quantity in the purchase order price unit have to be entered, however, the quantity in
purchase order pice unit is calculated by the system. You have to change it when the
calculated quantity differs from reality.
D Both at the time of goods receipt and invoice verification, the material is valuated on
the basis of the purchase order unit.

Answers: B,C

Question:

You enter a goods issue and receive the following message: "W: On , only 0.000 pieces
are available". What do you conclude from this?

A. No stocks of the material exist anywhere in the entire plant. Therefore, nothing can be
withdrawn.
B. Only the specified storage location does not contain any stocks of the material.
Therefore, nothing can be withdrawn.
C. The material exist in the specified storage location on the current day, however, it is
unavailable, because of other reservations.
D. The message represents a warning which you can ignore by pressing the ENTER
key.

Answers: C,D

Question:

Which of the following statements on procuring a material of the material type NLAG are
correct?

A. The purchase order must be acount assigned.

B. The goods receipt must always be unvaluated.
C. when you enter an invoice, you can change the account assignement as long as the
goods receipt was unvaluated.
D. When the material is for consumption, no document is ever created in Financial
Acccounting.

Answers: A,C

Question:

Which of the following stock transfer are relevant to valuation?

A. Stock transfer from storage location to storage location in the same plant or company
code.
B. Stock transfer from consignment stores of vendor XY to our unrestricted-use stock in
storage location 0001.
C. Stock transfer from stock in quality inspection in storage location 001 to stock in
quality inspection in storage location 0002 in the same plant.
D. Stock transfer of a material from storage location 0001 from plant 0001 to plant 0002.
The plants belong to the same company, however the valuation areas are different
(valuation level is plant).

Answers: B,D

Here are some SAP MM Certification sample questions you should know the answer to: Question: You wish to procure a
material using a purchase order. You wish to take delivery of the material at different times. A graduated discount scale
exists for the material. How do you proceed if you wish to take advantage of the discount arrangement? Answers: A) Enter
several order items with the same material number and different delivery dates. B) Enter one order item with the material
number and assign the material to different accounts. C) Enter an order item with the material number and create a
number of schedule lines. D) Enter a number of purchase orders for the material and specify different delivery dates.
Question: In the purchase order on which the goods receipt is based, you defined a purchase order unit that differs from
the purchase order unit. What is the significance of the purchase order price unit and what should you take note of in the
case of a goods receipts? Answers: A) The purchase order price unit is stored in the material master record or purchasing
info record and defines the unit of measure in which the material is ordered. B) The system establishes the relationship
between the purchase order price unit and the purchase order unit conversion in the purchase order. C) At the time of
goods receipt, both the quantity in the purchase order unit and the quantity in the purchase order price unit have to be
entered, however, the quantity in purchase order piece unit is calculated by the system. You have to change it when the
calculated quantity differs from reality. D) Both at the time of goods receipt and invoice verification, the material is
valuated on the basis of the purchase order unit. Question: You enter a goods issue and receive the following message:
"W: On , only 0.000 pieces are available". What do you conclude from this? Answers: A) No stocks of the material exist
anywhere in the entire plant. Therefore, nothing can be withdrawn. B) Only the specified storage location does not contain
any stocks of the material. Therefore, nothing can be withdrawn. C) The material exist in the specified storage location on
the current day, however, it is unavailable, because of other reservations. D) The message represents a warning which
you can ignore by pressing the ENTER key. Question: Which of the following statements on procuring a material of the
material type NLAG are correct? Answers: A) The purchase order must be account assigned. B) The goods receipt must
always be unvaluated. C) When you enter an invoice, you can change the account assignment as long as the goods
receipt was unvaluated. D) When the material is for consumption, no document is ever created in Financial Accounting.
Question: Which of the following stock transfer are relevant to valuation? Answers: A) Stock transfer from storage location
to storage location in the same plant or company code. B) Stock transfer from consignment stores of vendor XY to our
unrestricted-use stock in storage location 0001. C) Stock transfer from stock in quality inspection in storage location 001
to stock in quality inspection in storage location 0002 in the same plant. D) Stock transfer of a material from storage
location 0001 from plant 0001 to plant 0002. The plants belong to the same company, however the valuation areas are
different (valuation level is plant). From : Tony ....pookusmas@yahoo.com ...please do