SAP Basics - Materials Management (MM) questions with correct answers

Materials Management (MM) - What are the eight (8) Functionality basics of MM? CORRECT ANSWER - Inventory Management - Purchasing - MRP - Physical Inventory - Valuation - Service Master - Invoice Verification - Product Catalogs Materials Management (MM) - What is the four (4) levels in the Organizational Structure of MM? CORRECT ANSWER - Client - Company Code - Plant - Storage Location Materials Management (MM) - What are the functions of a Purchasing Organization? CORRECT ANSWER People responsible for the company's purchasing strategy. Materials Management (MM) - What are the functions of a Purchasing Group? CORRECT ANSWER People who actually make the purchases. Materials Management (MM) - What five (5) Master Data are ass