1. Enterprise Structure

Which of the following element has its own profit, loss and balance statement?

• Company Code

• Plant

• Client

• Storage Location

Answer explanation

Answer : A

Company Code

The fundamental explanation of Company Code is as follows −

• Within Client, Company code is the independent accounting unit.

• t is a legal entity that has its own profit, loss and balance statement.

• It is the smallest unit in organization for which a complete independent account set can be replicated.

T-Code to view the Enterprise structure in Company code level is _____

T-Code to view the Enterprise structure in Plant level _____

• EC02

• EC03

• CE01

• OY01

Answer explanation

Answer : A

Explanation :

The vendor (the subcontractor) receives components from the ordering party with the help of which it produces a product. The product is ordered by your company through a purchase order. The components required by the vendor (seller) to manufacture the ordered product are listed in the purchase order and provided to the subcontractor.

A plant in SAP MM module is assigned to which of the following entity?

• Storage Location

• Company Code

• Warehouse

• All the above

Answer explanation

Answer : A

Explanation :

The vendor (the subcontractor) receives components from the ordering party with the help of which it produces a product. The product is ordered by your company through a purchase order. The components required by the vendor (seller) to manufacture the ordered product are listed in the purchase order and provided to the subcontractor.

Which of the following is correct about movement type in SAP system?

• Movement type influences the update of material stock account and consumption account?

• Goods movement performed in Sales and Distribution is not considered as one movement type.

• You can enter per material document only goods movements of one movement type.

• All the above

Answer explanation

Answer : A

Explanation :

The vendor (the subcontractor) receives components from the ordering party with the help of which it produces a product. The product is ordered by your company through a purchase order. The components required by the vendor (seller) to manufacture the ordered product are listed in the purchase order and provided to the subcontractor.

T Code to create Plant is _____

SAP stands for______

• Systems, Applications & Products in Data Processing

• Systematic, Applications & Products in Data Processing

• Systems, Applications & Planning in Data Processing

• Systems, Applications & Products in Data Producing

SAP was founded in the year ______

• 1792

• 1972

• 1992

• 1927

T Code to create Storage Location

• OX10

• OX09

• OX08

• OX07

T Code to create Purchase Organization is______