Foundation P&s - Inventory Mgmt

21 Questions | Total Attempts: 68

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Foundation P&s - Inventory Mgmt

Understanding of Foundation process in Inventory Mgmt.


Questions and Answers
  • 1. 
    Which country are you based in? 
    • A. 

      China

    • B. 

      India

    • C. 

      Indonesia

    • D. 

      Philippines

    • E. 

      Korea

    • F. 

      Japan

    • G. 

      Australia

    • H. 

      Pakistan

    • I. 

      Thailand

    • J. 

      Vietnam

    • K. 

      Singapore

  • 2. 
    What are the different movements for stock?
       
    • A. 

      Stock Placement ( Goods Receipt)

    • B. 

      Stock Removal ( Goods issue)

    • C. 

      Stock Movement ( Storage location to Storage location)

    • D. 

      All of the above

  • 3. 
    Which movement type is used to do the Goods issue against Customer Delivery?
    • A. 

      261

    • B. 

      601

    • C. 

      661

    • D. 

      101

  • 4. 
    Which movement types are used for two steps goods movement between storage locations to storage location?  
    • A. 

      301 and 305

    • B. 

      313 and 315

    • C. 

      343 and 344

    • D. 

      101 and 102

  • 5. 
     Physical Inventory Count is a process whereby Inventory is counted and any differences between Actual Physical Stock level and SAP stock level is reconciled for any agreed reason.
    • A. 

      True

    • B. 

      False

  • 6. 
    What is the transaction code to create Stock transport order (STO)?  
    • A. 

      COR1

    • B. 

      ME21N

    • C. 

      MB01

    • D. 

      MIGO_TR

  • 7. 
    What is the correct sequence of Physical inventory count process in the system?
    1. Counting Stock
    2. Post inventory difference.
    3. Create Physical Inventory document.
    4. Enter reason for difference.
       
    • A. 

      3,1,2,4

    • B. 

      1,2,3,4

    • C. 

      2,3,1,4

    • D. 

      4,1,2,3

  • 8. 
    What is the transaction code for reprinting the material document?  
    • A. 

      MB52

    • B. 

      MB90

    • C. 

      MMBE

    • D. 

      MD04

  • 9. 
    What is the correct sequence of the intra company stock transfer order process?
    1. Goods receipt against Outbound delivery
    2. Goods issue from supplying plant against outbound delivery.
    3. Creation of outbound delivery
    4. Creation of Stock transfer order.
     
    • A. 

      4,3,2,1

    • B. 

      1,2,3,4

    • C. 

      3,4,1,2

    • D. 

      4,1,2,3

  • 10. 
    What is the movement type used to move material from blocked to discard the material from system? 
    • A. 

      101

    • B. 

      951

    • C. 

      261

    • D. 

      262

  • 11. 
    Which are the important reports from inventory management point of view?  
    • A. 

      ZSTOCK

    • B. 

      ZMATLCL

    • C. 

      ZSTMBT

    • D. 

      MMBE

    • E. 

      All

  • 12. 
     We can see Unrestricted – Restricted stock  types along with Batch characteristics values  in ZSTOCK.
    • A. 

      True

    • B. 

      False

  • 13. 
    What is the use of option “ Display Real Available Qty “ in ZSTOCK?  
    • A. 

      To exclude materials with zero Stock

    • B. 

      To Display only the Available Qty

    • C. 

      To Display Vendor Name

    • D. 

      To display total stock

  • 14. 
    Which report provides a list of all movements posted for a particular batch? 
    • A. 

      ZMATLCL

    • B. 

      ZSTOCK

    • C. 

      ZSTMBT

    • D. 

      ZINSTBL

  • 15. 
    What is the stock type of the batch If the supply status is “R”
       
    • A. 

      Unrestricted

    • B. 

      Restricted

    • C. 

      Blocked

    • D. 

      Reserved

  • 16. 
     What is the movement type used to transfer goods from Plant to Plant in 2 step?
    • A. 

      303 and 305

    • B. 

      101 and 102

    • C. 

      361 and 362

    • D. 

      343 and 344

  • 17. 
     What are different types of physical inventory count?
    • A. 

      Continuous inventory

    • B. 

      Annual inventory

    • C. 

      Cycle count

    • D. 

      All

  • 18. 
     What is the transaction code for doing the goods movements related to stock transfer?
    • A. 

      MIGO_TR

    • B. 

      MBST

    • C. 

      MMBE

    • D. 

      COR3

  • 19. 
    What criteria can you use while picking the batches for delivery?
    • A. 

      Supply status

    • B. 

      Harvest Month and Year

    • C. 

      Germination test results

    • D. 

      All of the above

  • 20. 
     What is a shipping point?
    • A. 

      A location from where goods are sold

    • B. 

      Physical inventory location from which items are shipped

    • C. 

      Both of above

  • 21. 
    What is the movement type used for goods receipt reversal? 
    • A. 

      101

    • B. 

      102

    • C. 

      261

    • D. 

      561

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