Sample SAP MM Questions for Certification (Set.2) Answers

1. In which kind of posting method in IV is the cash discount amount not credited to the stock or cost account?

1. Gross Posting
2. Net posting

2. What controls the posting of invoice as gross or net?

1. Item category
2. Document type

3. How can postings be done in invoice verification for a purchase order in foreign currency?

1. Fixed exchange rate at GR and IV.
2. Current exchange rate at GR and IV
3. Current exchange rate cannot be changed at IV.
4. Exchange rate differences can occur
5. Exchange rate difference postings are Customization based.

4. How is the quantity that has already been invoiced valuated at goods receipt if the invoice is posted before goods receipt and the subsequent GR quantity is greater than the invoice quantity?

1. At purchase order price
2. At invoice price

5. During the check of invoices with which of the following variances does the system perform Date variance?

1. Quantity Variance
2. Price variance
3. Purchase order price quantity variance

6. There is a purchase order for 100 pieces at Rs. 0.80. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.75 per piece. However at the time of receipt of invoice the stock of the material is only 30.What are the effects of the above at invoice verification?

1. Stock account is 5-
2. Stock account is 1.5-
3. Stock account is 3.5-
4. Price difference account is 3.5-
5. Price difference account is 1.5-

7. Under what situation does the system compares the ratio of PO quantity(in PO price units) / PO quantity (in PO units), invoice quantity (in PO price units / invoice quantity (in PO units)?

1. Goods receipt before invoice receipt
2. Invoice receipt before goods receipt.

8. The initial Stock of a material is 200 pieces. There is a purchase order for 100 pieces at Rs. 0.75. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.80 per piece. What are the effects of the above at invoice verification?

1. If the material is valuated at a standard price of Rs 1, the stock account will be 5+.
2. If the material is valuated at a moving average price of Rs 1, the stock account will be 5+.
3. If the material is valuated at a moving average price of Rs 1, the material master record reflects the moving average price at Rs 0.92.
4. If the material is valuated at a standard price of Rs 1, the price difference expense account will be 5+.
5. If the material is valuated at a standard price of Rs 1, the stock price difference income account will be 5+.

Sample SAP MM Questions for Certification (Set.2)

1. In which kind of posting method in IV is the cash discount amount not credited to the stock or cost account?

1. Gross Posting
2. Net posting

2. What controls the posting of invoice as gross or net?

1. Item category
2. Document type

3. How can postings be done in invoice verification for a purchase order in foreign currency?

1. Fixed exchange rate at GR and IV.
2. Current exchange rate at GR and IV
3. Current exchange rate cannot be changed at IV.
4. Exchange rate differences can occur
5. Exchange rate difference postings are Customization based.

4. How is the quantity that has already been invoiced valuated at goods receipt if the invoice is posted before goods receipt and the subsequent GR quantity is greater than the invoice quantity?

1. At purchase order price
2. At invoice price

5. During the check of invoices with which of the following variances does the system perform Date variance?

1. Quantity Variance
2. Price variance
3. Purchase order price quantity variance

6. There is a purchase order for 100 pieces at Rs. 0.80. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.75 per piece. However at the time of receipt of invoice the stock of the material is only 30.What are the effects of the above at invoice verification?

1. Stock account is 5-
2. Stock account is 1.5-
3. Stock account is 3.5-
4. Price difference account is 3.5-
5. Price difference account is 1.5-

7. Under what situation does the system compares the ratio of PO quantity(in PO price units) / PO quantity (in PO units), invoice quantity (in PO price units / invoice quantity (in PO units)?

1. Goods receipt before invoice receipt
2. Invoice receipt before goods receipt.

8. The initial Stock of a material is 200 pieces. There is a purchase order for 100 pieces at Rs. 0.75. The 100 pieces are received. An invoice is received for 100 pieces at Rs 0.80 per piece. What are the effects of the above at invoice verification?

1. If the material is valuated at a standard price of Rs 1, the stock account will be 5+.
2. If the material is valuated at a moving average price of Rs 1, the stock account will be 5+.
3. If the material is valuated at a moving average price of Rs 1, the material master record reflects the moving average price at Rs 0.92.
4. If the material is valuated at a standard price of Rs 1, the price difference expense account will be 5+.
5. If the material is valuated at a standard price of Rs 1, the stock price difference income account will be 5+.

Sample SAP MM Answers for Certification (Set.1)

 1. What are the ways in which invoice postings are possible?

1. Manual posting
2. Automatically through electronic transfer
3. Evaluated receipt settlement
4. Invoicing plan
5. Consignment settlement

2. From where can the terms of payment be an input for invoice verification?

1. User entry
2. Purchase order
3. Purchase order history
4. Vendor master
5. Material master

3. Which of the following does the system copy from the purchase order during invoice verification entry?

1. Purchase order number
2. Tax amount
3. Currency
4. Vendor
5. Bank information

4. What is the process of invoice verification?

1. Purchase order, service or GR referenced for incoming invoice.
2. Invoice items suggested by the system against referenced document
3. Corresponding automatic account postings carried out.
4. Payment proposal list for vendor generated.

5. What happens when an invoice is posted?

1. Material master always updated.
2. Purchase order history updated
3. Individual line items posted to appropriate accounts
4. MM invoice document created if necessary.
5. FI document always created.

6. What purpose does invoice verification serve in materials management?

1. It allows invoice that do not originate in materials procurement to be processed.
2. Completes the materials procurement process
3. Handles the payment
4. Allows credit memos to be processed
5. Handles the analyses of invoices.

7. There is a stock of 60 pc of a material having a standard price of Rs.9. A purchase order has been raised on the vendor for 40 pieces at Rs. 11 per pc. The material was received and invoice verified. What would the accounting entries show for this movement after IV?

1. Stock account Rs. 360+, vendor account Rs. 360-
2. Stock account Rs. 440+, vendor account Rs. 440-
3. Stock account Rs. 440+, vendor account Rs. 360-
4. Stock account Rs. 360+, vendor account Rs. 440-
5. Stock account Rs. 0, vendor account Rs. 80-

8. What happens to accounting entries when an invoice is posted?

1. GR/IR account debited, vendor account credited
2. GR/IR account credited, vendor account debited

Sample SAP MM Questions for Certification (Set.1)

1. What are the ways in which invoice postings are possible?

1. Manual posting
2. Automatically through electronic transfer
3. Evaluated receipt settlement
4. Invoicing plan
5. Consignment settlement

2. From where can the terms of payment be an input for invoice verification?

1. User entry
2. Purchase order
3. Purchase order history
4. Vendor master
5. Material master

3. Which of the following does the system copy from the purchase order during invoice verification entry?

1. Purchase order number
2. Tax amount
3. Currency
4. Vendor
5. Bank information

4. What is the process of invoice verification?

1. Purchase order, service or GR referenced for incoming invoice.
2. Invoice items suggested by the system against referenced document
3. Corresponding automatic account postings carried out.
4. Payment proposal list for vendor generated.

5. What happens when an invoice is posted?

1. Material master always updated.
2. Purchase order history updated
3. Individual line items posted to appropriate accounts
4. MM invoice document created if necessary.
5. FI document always created.

6. What purpose does invoice verification serve in materials management?

1. It allows invoice that do not originate in materials procurement to be processed.
2. Completes the materials procurement process
3. Handles the payment
4. Allows credit memos to be processed
5. Handles the analyses of invoices.

7. There is a stock of 60 pc of a material having a standard price of Rs.9. A purchase order has been raised on the vendor for 40 pieces at Rs. 11 per pc. The material was received and invoice verified. What would the accounting entries show for this movement after IV?

1. Stock account Rs. 360+, vendor account Rs. 360-
2. Stock account Rs. 440+, vendor account Rs. 440-
3. Stock account Rs. 440+, vendor account Rs. 360-
4. Stock account Rs. 360+, vendor account Rs. 440-
5. Stock account Rs. 0, vendor account Rs. 80-

8. What happens to accounting entries when an invoice is posted?

1. GR/IR account debited, vendor account credited
2. GR/IR account credited, vendor account debited

Welcome to SAP MM Certification Online Guide

SAP MM Certification

This page is intended to serve as a starting point for everyone who wants to pass SAP MM Certification or for those who are just curious about SAP MM (Materials Management) and SAP certification. SAP ERP (Enterprise Resource Planning) system consists of a number of modules. Each of the modules covers certain business area of a company that uses SAP. There are modules for Finance Accounting, Controlling, Production Planning, Sales & Distribution, Business Intelligence, Human Resources, etc. SAP MM is one of those modules and it was designed to facilitate the following business processes in an enterprise:

Vendor Master and Material Master data Consumption Based Planning Purchasing Inventory Management Evaluation of Materials Invoice Verification

SAP Education has developed several certification exams for evaluation of knowledge and skills of SAP consultants in SAP MM implementation and customization. The name of the certification varies depending on the expertise level, for example, SAP MM Certification for the first level is called SAP Certified Application Associate – Procurement with SAP ERP 6.0 EHP4 or SAP Certified Application Associate – Procurement with SAP ERP 6.0 EHP5. There are differences in the software versions (EHP4 or EHP5), but these differences are not related to SAP MM module. Currently SAP offers certification at associate, professional, and master levels.