1)What is the standard material type code for finished goods in SAP

*FERT*

2)Which of the following in the link between valuation class and material type ?

*Account catogery reference*

3)For trading goods material what are the views mandatory ?

*Purchasing*

*Sales*

*Basic*

4)What setting defaults the price as standard price or moving average price

*Price control* 5)Which material can contain purchase and sales data but is managed neither in
quantity or value basis

*NLAG*

6)In material type config which is the controlling parameter, controls field selection

*Fiel selection group*

7)which are the correct attributes for material type ?

*Number range assignment,field selection, quantity and value basis,price control*

8)which of the below statement is true w.r.t valuation class

*Valuation classes are allowed for material type*

9) config for account determination

*Chart of accounts*

10)Error

*All of the above*

11. For automatic PO creation what purchase info record must have?

Net price

12. What are the various sources which can be assigned to PR?

Source of supply

13. Where is the source determination check box is available?

Purchase requisition

14. Please find the below given screen this is which master data?

Vendor master data

15. What are the various sources which can be assigned to PR?
 Desired vendor

Fixed vendor

Central contract

16. Please refer to given figure the screen is which master?

Purchase info record

17. What are the benefits of automatic PO creation?

Cycle time will be reduced

Sourcing effort will get reduced in a…

18. Please check the given figure

PR display

19. what are the some common error during automatic PO creation?

Please check the delivery date

Unknown account assignment defined for…

20. Auto PO check box should be there for PO automation

Material master

Vendor master

21. In which view tax code is maintained in purchasing info record ?

Purchasing data

22. In purchasing info record under which tab/screen we maintain valid and valid to?

Conditions

23. In which master data scales are maintained?

Purchasing info record

24. What are the different organization level purchasing info record is maintained ?

General data,purchasing org.data , plant data