Infosys Certified L1 Junior MM Professional Consultant
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Join Premium10 Infosys Certified L1 Junior MM Professional Consultant practice questions with answers
Real Lex exam-pattern multiple-choice questions for the Infosys Certified L1 Junior MM Professional Consultant certification. Each question includes the correct answer. The full question bank is available to Premium members.
- Question 1
Possible Accouting transactions during Goods Receipts
- ✓ BSX debit, PRD credit, WRX credit Correct
- B BSX credit, PRD debit, WRX debit
- C BSX credit, PRD credit, WRX debit
- Question 2
Stock type Indicator for RTP is
- ✓ L Correct
- B K
- C M
- D P
- Question 3
Recording of services that are actually performed by the vendor or service provider is done through
- ✓ Service entry sheet Correct
- B Service master
- Question 4
Time dependent conditions for outline agreement items, quotations or inforecords can be maintained Directly in the relevant documents or in the ………………….
- ✓ Schedule lines Correct
- B Contract
- C Info Record
- D None of the above
- Question 5
_________________ cannot be taken into account during MRP calculations
- ✓ GR Blocked stock Correct
- B Quality Stock
- C Vendor Stock
- D Unrestricted Stock
- Question 6
RTP stocks are valuated at which organizational level
- ✓ Company code Correct
- B Plant
- C Storagelocation
- D None of the above
- Question 7
For Auto PO, we can create PO directly from
- ✓ Assigned Purchase Requisition Correct
- B Contracts where in Vendor is assigned
- C Purchase Requisition without vendor assigned. System assigns it automatically.
- Question 8
In case of price control "V", after every transaction of goods receipt and invoice verification
- ✓ Moving average price is recalculated Correct
- B Standard price is recalculated
- C Purchasing Info Record price is recalculated
- D Moving average price is recalculated but GR is done as per standard price
- Question 9
Stock at Storage location is maintained on
- ✓ Quantity basis Correct
- B Value Basis
- C Quantity & Value Basis
- D Quality basis
- Question 10
For every consumable PO, you need at ___________ seperately even though you have given Valuation Class in Material Master
- ✓ Valuation Class Correct
- B Account Assignment
- C General Ledger Account
- D Item Category
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