SAP MM P2P

What is Difference between P2P and S2P cycle

• Vendor info. exist or not

• Material exist or Not

• Creation of PO or Creation of Quotation

• Creation of PR or Creation of PO

Which of the following is correct?

• S2P part of P2P

• P2P part of S2P

• Both are Correct

• None of the above

Which of the following steps in the procurement process do not have financial impact on the company that is buying materials?

• Create purchase requisition

• Receive invoice from vendor

• Create and send purchase order

• Receive ordered goods

Which of the following are key data in a goods receipt?

• 
  Order and received quantity

• Stock Types

• Movement Types

• Price of each unit

What are InCo-Terms used for?

• For Payment Related terms and conditions between a buyer and a seller

• For trade contract responsibilities and liabilities between a buyer and a seller

• for Negotiating the price between the buyer and supplier

• for transferring material from one location to another.

Which of the following are key data in a purchase order when the order is first created?

• Prices of the material ordered

• 
  PO number

• PO Open and closed Quantities

• No. of Lines of Material ordered

What are payment terms used for?

• to receive the payment from the supplier

• To define the net price of the material

• to define terms and conditions for purchase Activities

• to know how and when our customers pay for the goods or services purchased

Which of the following are Examples of Payment terms?

• 30 Days Due Net

• Cash on Delivery (COD)

• Delivery at Place (DAP)

• End-of-month payments (EOM)

Which all of the following are Incoterms?

• Free Alongside Ship (FAS)

• Delivery Duty paid (DDP)

• Cost free carrier (CFC)

• Delivery Point Added (DPA)

T.code for Purchase Requsition creation?

• ME21N

• ME51T

• ME51M

• ME51N