SAP MM questions- help needed

Question

Please can I get an expert's help in findig a solution to the following questions:
1 To view the most up to date planning data (available stock, orders, reservations, etc.) on a material, use the:
(more than one answer can be correct)
A Stock Overview report.
B List display of material and accounting documents.
C MRP list.
D Stock Requirement list.
E Standard Analysis for a material
2 A material forecast can be used by the following MRP types:
(Only one answer is correct)
A Manual Reorder point planning.
B Automatic reorder point planning.
C Forecast based planning.check
D Time phased planning.
E Storage location MRP
3 Materials planning can be set to automatically generate:
(more than one answer can be correct)
A Contracts.
B Purchase Requisitions.
C Purchase Orders.
D Planned Orders.
E Delivery Schedules.
4 The following are lot sizing rules available for SAP R/3:
(more than one answer can be correct)
A Fixed lot size.
B Replenish to maximum stock level.
C Weekly lot size.
D Daily lot size.
E Economic order quantity.
5 Which of the following apply to Purchase Orders?
(more than one answer can be correct)
A The vendor must be specified in the Purchase Order Header.
B All materials on a purchase order must be procured through the same purchasing group.
C All materials on a purchase order must be of the same material group.
D Discounts and surcharges can be maintained in the document header.
E Discounts and surcharges can be maintained at line item level.
6 Which of the following is an Account Assignment category?
(more than one answer can be correct)
A Material Group.
B Purchase Requisition.
C Sales Order.
D Release Code.
E G/L Account
7 Which of the following are Item Categories?
(more than one answer can be correct)
A Consignment.
B Service.
C Manufacturing.
D Cost Centre.
E Subcontracting.
8. Which of the following documents can be subject to release (approval) procedure?
(more than one answer can be correct)
A Planned Order.
B Purchase Requisition.
C Scheduling Agreement.
D Purchase Order.
E RFQ.
9 In Source lists the following can be sources of supply:
(more than one answer can be correct)
A Vendor.
B Contract.
C Scheduling Agreement.
D Quotation.
E Quota Arrangement.
10 Which of the following document types can appear in the purchase order history for a purchase order line item?
(more than one answer can be correct)
A Another purchase order.
B A goods receipt material document.
C A service entry sheet.
D An invoice.
E A release procedure.
11. Which of the following stock types can be counted through Physical Inventory procedure?
(more than one answer can be correct)
A Unrestricted use stock.
B Block stock.
C Quality Inspection stock.
D Vendor consignment stock.
E In-transit stock.
12 Which of the following cab possibly influence the valuation price of a moving average priced material?
(more than one answer can be correct)
A Goods receipt for a purchase order.
B Goods Issue to a cost centre.
C Invoice verification against a purchase order.
D Stock transfer between two storage locations in the same plant.
E Transfer posting from unrestricted use stock to quality inspection.
13. In the SAP system a user can operate in the following hierarchies.
(more than one answer can be correct)
A Service level.
B Application level.
C Main menu level.
D Month.
E Total stock value.
14 Your planning department is using a Forecast Model for materials planning. It has been established that while demand for the particular material is projected to increase steadily as market share is increased, the fluctuating tourist demand will affect the overall requirements. Which forecast model will best address this requirement?
(Only one answer is correct)
A The Constant model.
B The Constant trend model.
C The Seasonal trend model.
D The Fluctuating trend model.
E The Seasonal model.
15. In the SAP system, the reference document used in the purchasing cycle is the:
(Only one answer is correct)
A Purchase requisition.
B Info record.
C Source list.
D Purchase Order.
E None of the above.
True / False
16 What purpose does invoice verification serve in materials management?
a It allows invoice that do not originate in materials procurement to be processed.
b Completes the materials procurement process
c Handles the payment
d Allows credit memos to be processed
e Handles the analyses of invoices.  
17 What are the tasks of invoice verification?
a Entering invoices and credit memos received.
b Checking the accuracy of invoices
c Executing the account posting resulting from invoice
d Updating open items and material prices
e Checking invoices that were blocked.
18 What is the process of invoice verification?
a Purchase order, service or GR referenced for incoming invoice.
b Invoice items suggested by the system against referenced document
c Corresponding automatic account postings carried out.
d Payment proposal list for vendor generated.
19 From where does the system pick the default quantity of an item when you post invoice receipt?
a Invoice
b Purchase order
c Purchase order history
d System settings
e Vendor master
20 During invoice verification the system picks the rate at which tax is calculated from the vendor master record.
TRUE
FALSE
Regards
VS

Answer 1

Hi Vishal,
Here are the answers.
1. C, D
2. C
3. B, D, E
4. A,B,C,D
5. A, B, D, E
6. C
7. A, B, E
8. B, C, D, E
9. A, B, C
10. B, C, D
11. A, B, C
12. A, C
13. E
14. A
15. A
True / False
16. B, C, D, E
17. A, B, C, E
18. A, B, D
19. C
20. False
Hope this helps.
Thanks,
Viswanath