BCSE ERP Materials Management (MM) 3

Question 1

What is a 'vendor evaluation' in SAP MM?

Accepted Answer

A scoring system that rates vendors on criteria like price, quality, and delivery performance

Answer

A credit check on the vendor

Answer

A legal compliance audit

Answer

A review of vendor invoices

Question 2

What is the 'reorder point' in SAP MM inventory management?

Accepted Answer

The stock level at which a procurement proposal is automatically triggered

Answer

The maximum stock level allowed

Answer

The point at which old stock is discarded

Answer

The minimum order quantity from a vendor

Question 3

What is 'split valuation' in SAP MM?

Accepted Answer

Allowing a single material to be valuated at different prices based on origin or quality

Answer

Splitting an invoice across multiple cost centers

Answer

Dividing inventory between two plants

Answer

Applying different tax rates to one material

Question 4

In SAP MM, what is a 'release strategy' for purchase orders?

Accepted Answer

A workflow approval process that routes POs for authorization based on value or other criteria

Answer

A vendor certification program

Answer

A strategy for releasing goods from the warehouse

Answer

A plan for releasing new materials to production

Question 5

What is 'physical inventory' processing in SAP MM?

Accepted Answer

The process of counting actual stock and reconciling differences with system inventory records

Answer

Viewing stock levels in the system

Answer

Ordering new physical assets

Answer

Printing barcode labels for materials

Question 6

Which pricing procedure component in SAP MM is used to apply automatic vendor discounts?

Accepted Answer

Condition type

Answer

Valuation class

Answer

Account group

Answer

Info record