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Exam 4: C: The Procurement Process

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Question 1

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A goods movement is not required when changing the status of material from "in quality inspection" to "unrestricted use".

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Question 2

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Invoice verification authorizes payment of the invoice to the vendor.

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Electronic payments are sent automatically.

A storage location is a key organizational element in purchasing.

Accounting data related to a vendor are accessible to all clients in a company code.

When purchasing consumable materials,an account assignment category and specific account assignment objects must be provided when the purchase order is created.

A purchasing info record is an intersection or combination of material and accounting data.

Item categories in a purchase order determine the process steps used to procure materials.

The enterprise-level purchasing organization is the most centralized model.

There can only be one storage location within a plant.

A purchasing group is an internal group that is responsible for executing the procurement process.

A plant-to-plant movement of goods does not generate an accounting document.

Material master data can be defined differently for different organizational levels.

A purchasing organization is an individual or a group of individuals who are responsible for purchasing activities for a material or group of materials.

A transfer posting is used to move materials from one storage location to another.

The material master is updated after the invoice verification step of the procurement process has been completed.

The most decentralized model of purchasing organizations is the plant‐specific purchasing organization.

A plant can belong to more than one company code.

A transfer posting changes the stock status of a material and need not involve a physical movement of goods.

The primary task of the order processing step is to create and send the purchase order to the vendor.