SAP Exam 1 UPDATED ACTUAL Exam
Questions and CORRECT Answers
Q 1 - Storage location is an organizational unit which actually differentiates between different
material stocks in a Plant?
A - True
B - False - CORRECT ANSWER -A
Q 1 - Which of the following is correct about movement type in SAP system?
A - Movement type influences the update of material stock account and consumption account?
B - Goods movement performed in Sales and Distribution is not considered as one movement
type.
C - You can enter per material document only goods movements of one movement type.
D - All of the above - CORRECT ANSWER -A
Q 2 - Which of the following Info record has information on material that is kept at ordering
party
premises and contains vendor's price that is to be paid for withdrawing material?
A - Standard Info Record
B - Subcontracting
C - Consignment
D - Pipeline - CORRECT ANSWER -C
Q 3 - Which of the following Transaction can be used to create a Purchase Order?
A - ME21N
B - MIGO
C - MIRO
D - None of the above - CORRECT ANSWER -A
,Q 4 - After processing of purchase order by vendor, material is delivered to ordering party and
this
process is called as goods receipt?
A - True
B - False - CORRECT ANSWER -A
Q 5 - In Source lists, which of the following can be sources of supply?
A - Vendor & Contract
B - Scheduling Agreement
C - Quotation
D - A and B - CORRECT ANSWER -D
Q 6 - Purchase requisition can be created for which of the following procurement types?
A - Getting finished material from vendor
B - Providing raw material to vendor and getting finished material.
C - Procuring material that is kept in company's premises and paying to vendor for that.
D - Getting material from within the organization.
E - All of the above - CORRECT ANSWER -E
Q 7 - Which of the following is known as an invitation that is sent to vendors to submit
indicating
pricing and their terms and conditions?
A - Purchase Order
B - Sales Order
C - Request for Quotation
D - Outline Agreement - CORRECT ANSWER -C
Q 8 - Purchase Order is a reply by a vendor in response to request for quotation?
, A - True
B - False - CORRECT ANSWER -B
Q 9 - Contract and Scheduling Agreement are same?
A - True
B - False - CORRECT ANSWER -B
Q 10 - Scheduling agreement is a long term outline agreement between vendor and ordering
party
over a predefined material or service which are procured on predetermined dates over a
framework
of time?
A - True
B - False - CORRECT ANSWER -A
Q 11 - Total requirement of a material is distributed to different vendor's i.e. quota is assigned to
each source of supply and is known as?
A - Purchase Requisition
B - Quota Arrangement
C - Outline Agreement
D - RFD - CORRECT ANSWER -B
Q 13 - While performing invoice verification, system picks the rate at which tax is calculated
from
vendor master record?
A - True
B - False - CORRECT ANSWER -B
Q 1 - A Contract can be made from a Purchase Order and vice a versa?
Questions and CORRECT Answers
Q 1 - Storage location is an organizational unit which actually differentiates between different
material stocks in a Plant?
A - True
B - False - CORRECT ANSWER -A
Q 1 - Which of the following is correct about movement type in SAP system?
A - Movement type influences the update of material stock account and consumption account?
B - Goods movement performed in Sales and Distribution is not considered as one movement
type.
C - You can enter per material document only goods movements of one movement type.
D - All of the above - CORRECT ANSWER -A
Q 2 - Which of the following Info record has information on material that is kept at ordering
party
premises and contains vendor's price that is to be paid for withdrawing material?
A - Standard Info Record
B - Subcontracting
C - Consignment
D - Pipeline - CORRECT ANSWER -C
Q 3 - Which of the following Transaction can be used to create a Purchase Order?
A - ME21N
B - MIGO
C - MIRO
D - None of the above - CORRECT ANSWER -A
,Q 4 - After processing of purchase order by vendor, material is delivered to ordering party and
this
process is called as goods receipt?
A - True
B - False - CORRECT ANSWER -A
Q 5 - In Source lists, which of the following can be sources of supply?
A - Vendor & Contract
B - Scheduling Agreement
C - Quotation
D - A and B - CORRECT ANSWER -D
Q 6 - Purchase requisition can be created for which of the following procurement types?
A - Getting finished material from vendor
B - Providing raw material to vendor and getting finished material.
C - Procuring material that is kept in company's premises and paying to vendor for that.
D - Getting material from within the organization.
E - All of the above - CORRECT ANSWER -E
Q 7 - Which of the following is known as an invitation that is sent to vendors to submit
indicating
pricing and their terms and conditions?
A - Purchase Order
B - Sales Order
C - Request for Quotation
D - Outline Agreement - CORRECT ANSWER -C
Q 8 - Purchase Order is a reply by a vendor in response to request for quotation?
, A - True
B - False - CORRECT ANSWER -B
Q 9 - Contract and Scheduling Agreement are same?
A - True
B - False - CORRECT ANSWER -B
Q 10 - Scheduling agreement is a long term outline agreement between vendor and ordering
party
over a predefined material or service which are procured on predetermined dates over a
framework
of time?
A - True
B - False - CORRECT ANSWER -A
Q 11 - Total requirement of a material is distributed to different vendor's i.e. quota is assigned to
each source of supply and is known as?
A - Purchase Requisition
B - Quota Arrangement
C - Outline Agreement
D - RFD - CORRECT ANSWER -B
Q 13 - While performing invoice verification, system picks the rate at which tax is calculated
from
vendor master record?
A - True
B - False - CORRECT ANSWER -B
Q 1 - A Contract can be made from a Purchase Order and vice a versa?
