What are some characteristics of the material ledger? Note: There are 3correct answers to this question.
A. It must be activated per controlling area.
B. It is used to calculate different prices for material valuation.
C. It is mandatory in SAP S/4HANA.
D. It is used to valuate materials in different currencies.
E. It is used to calculate the standard price.
Explanation
B. It is used to calculate different prices for material valuation.
The Material Ledger allows the system to calculate the Periodic Unit Price (PUP). While materials are typically valued at a standard price during a period, the Material Ledger collects all price and exchange rate variances. At period-end, these variances can be used to calculate a multi-level actual price (PUP), which provides a more accurate reflection of the material's value.
C. It is mandatory in SAP S/4HANA.
This is a significant change from SAP ECC. In S/4HANA, the Material Ledger is the mandatory sub-ledger for inventory valuation. Even if you do not intend to use "Actual Costing," the Material Ledger must be activated to handle the simplified data structure and to allow integration with the Universal Journal (ACDOCA).
D. It is used to valuate materials in different currencies.
One of the primary strengths of the Material Ledger is its ability to maintain inventory values in up to three parallel currencies (e.g., Company Code currency, Group currency, and a third freely definable currency like Hard currency). This ensures that global organizations can report their inventory values consistently across different regions and legal entities.
Why the other options are incorrect:
A. It must be activated per controlling area:
The Material Ledger is actually activated at the Valuation Area level (which is almost always the Plant level in SAP). While it is often discussed in a Controlling (CO) context, the technical activation occurs per plant.
E. It is used to calculate the standard price:
The Standard Price is typically calculated through Product Cost Planning (using a Cost Estimate via CK11N or CK40N), not by the Material Ledger itself. The Material Ledger's job is to capture the variances from that standard price and calculate the actual price (PUP).
Reference:
SAP Help Portal: Sourcing and Procurement -> Inventory Management -> Material Ledger.
Simplification List for SAP S/4HANA: Section on Mandatory Activation of Material Ledger.
At which of the following organizational levels must you maintain a business partner master record for a supplier? Note: There are 3correct answers to this question.
A. Plant
B. Purchasing group
C. Purchasing organization
D. Company code
E. Client
Explanation:
In SAP S/4HANA, a supplier is created as a Business Partner (BP) with the role of Supplier. The BP data is structured in a modular way, where certain data is maintained at specific organizational levels to enable different business processes (like purchasing, accounting, tax reporting).
Option C (Purchasing organization) - Correct:
You must maintain purchasing-specific data for a supplier at the purchasing organization level. This data includes terms of payment, ordering address, and other procurement-relevant information. This is maintained in the BP role Supplier (Purchasing). A supplier can be valid for one or more purchasing organizations.
Option D (Company code) - Correct:
You must maintain accounting and financial data for a supplier at the company code level. This includes payment terms, reconciliation account, withholding tax information, and dunning data. This is maintained in the BP role Supplier (Accounting). This data is essential for posting invoices and making payments.
Option E (Client) - Correct:
The general data of a business partner (like name, address, central contact information, and the BP number itself) is maintained at the client level. This data is universal and shared across all organizational units (company codes, purchasing orgs) that use this supplier BP.
Why Other Options Are Incorrect:
Option A (Plant) - Incorrect:
While plant-specific data (like a particular delivery address or MRP controller contact) can be maintained for a supplier, it is not a mandatory level. The mandatory levels for creating a functional supplier are Client (general data), Company Code (accounting), and Purchasing Organization (procurement). Plant-specific data is an optional extension.
Option B (Purchasing group) - Incorrect:
The purchasing group is an internal organizational unit (a group of buyers) within a purchasing organization. It is not a mandatory organizational level in the business partner master data for a supplier. A purchasing group is assigned to purchase orders or requisitions, but a supplier's master record is not maintained at the purchasing group level.
References:
Business Partner Concept: In S/4HANA, the Business Partner (BP) is the central master data object for customers, vendors, and other partners, replacing the separate vendor master (LFA1/LFB1/LFM1) and customer master structures.
What options are available for charts when analyzing a key performance indicator (KPI) report in Purchasing
Analytics?
Note: There are 2correct answers to this question.
A. Export to a spreadsheet
B. Import from a spreadsheet
C. Change the dimensions that are shown
D. Select the CDS view to be used
Where can you set the parameter that allows changing the account assignment data for a consumable material during invoice receipt?
A. In the material master of the consumable material
B. In the account assignment category
C. In the item category
D. In the purchase order document type
You want to identify the spend of purchase orders that do NOT have a contract reference, although an existing contract could have been used. What key performance indicator (KPI) provides this information?
A. Contract leakage
B. Off-contract spend
C. Unused contracts
D. Purchase order value
What must you do when using supplier consignment? Note: There are 2correct answers to this question.
A. Create consignment storage locations
B. Create consignment info records
C. Settle liabilities resulting from consignment stock withdrawals
D. Settle liabilities resulting from consignment stock receipts
Which situations lead to an open item on the GR/IR clearing account? Note: There are 2correct answers to this question.
A. The delivered quantity for a purchase order item is more than the invoiced quantity.
B. The ordered quantity for a purchase order item is more than the delivered quantity.
C. The invoiced quantity for a purchase order item is more than the delivered quantity.
D. The ordered quantity for a purchase order item is more than the invoiced quantity.
Your company wants to enable cross-purchasing organization procurement for some products to take advantage of centrally agreed conditions. Which entity do you need for this?
A. A purchasing group
B. A reference purchasing organization
C. A standard purchasing organization
D. A purchasing team
How can you automatically update the conditions in an already created purchasing info record?
A. Select the Info Update indicator when maintaining a contract
B. Select the Info Update indicator when creating a contract release order
C. Select the Info Update indicator when maintaining a quotation
D. Select the Info Update indicator when creating a purchase order
Which of the following does the movement type control? Note: There are 3correct answers to this question.
A. Selection of the storage location at goods receipt
B. Determination of the shipping point for deliveries
C. Quantity and value updates when posting a goods movement
D. Field selection when recording a goods movement
E. Account determination for financial posting
For which of the following transactions do you receive an error message if the automatic account determination is set up incorrectly? Note: There are 3correct answers to this question.
A. Transfer posting between stock types in one plant
B. Goods receipt into blocked stock
C. Stock transfer between company codes
D. Material valuation price change
E. Purchasing condition price change
For which of the following business scenarios does a situation template exist in Situation Handling? Note: There are 2correct answers to this question.
A. The due date for a blocked invoice has passed.
B. A supplier confirmation is pending.
C. A contract is ready as a source of supply.
D. A purchase order approval is pending.
| Page 2 out of 7 Pages |
| Previous |