SAP S/4HANA: Overview of ‘Procure to Pay’ process Fresco Play

Course Name: SAP S/4HANA: Overview of ‘Procure to Pay’ process

1. MRP stands for _________

1. Material Resource planning
2. Material requirement planning
3. Material Release planning

2. _____________ contains information specific to a material and the vendor supplying that material.

1. Material Master
2. Business partner
3. Purchasing info record

3. State True or False: Invoice acts as a proof of fulfillment of contractual obligations by the vendor.

1. True
2. False

4. Enterprise structure is created within a _________

1. Company code
2. Plant
3. client

4. Please abbreviate APP: _____

1. Automatic Payment Program
2. Automatic Parcel program
3. Automatic Procure program

5. State True or False:Pricing procedure determines the prices of the items in the purchasing documents

1. True
2. False

6. State True or False: A company code is the smallest organizational unit of financial accounting.

1. True
2. False

7. Buying of goods/products is called _____

1. Selection
2. purchasing
3. Evaluation
4. Delivery

8. State True or False: Not all materials received are inspected for quality issues.

1. False
2. True

9. State True or False : Master data is the core data of business objects which needs to be captured to run different operations in SAP

1. True
2. False

10. Delivery tolerance can be maintained in______.

1. All of the above
2. Purchase order
3. Material Master
4. Purchasing info record

11. The business partner data relevant for suppliers can be subdivided into _________

1. Company code data
2. General data
3. Purchasing data
4. All of the above

12. The data for purchasing info record can be sub-divided into _______

1. General data
2. All of the above
3. None of the above
4. Purchasing Organization data

13. Storage locations are assigned to _________

1. Company code
2. plant
3. Cleint

14. Inventory records are updated after _______

1. sending the goods
2. receiving the goods
3. None of the above

15. A purchase order can contain only _________ purchasing organization

1. one
2. two
3. three

16. In self service procurement _____ creates purchase requisition

1. Employee
2. Accounting clerk
3. Buyer
4. Manager

17. State True or False: Supply management is the process of identifying, sourcing, negotiating and managing the resources and suppliers.

1. true
2. False

18. State True or False: Procurement analytics is a process of using quantitative methods to derive actionable insights from the data.

1. true
2. False

19. The structure of Purchase order is divided into ____ levels

1. 1
2. 2
3. 3