SAP Financial Accounting (SAP FI) Certified Application Associate Practice Exam

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Which procurement transaction is exclusively carried out in Materials Management?

  1. Goods receipt

  2. Invoice receipt

  3. Creation of purchase order

  4. Creation of purchase requisition

The correct answer is: Creation of purchase order

The correct answer pertains to the creation of a purchase order, which is a fundamental process in the Materials Management (MM) module of SAP. A purchase order is generated when a business decides to procure goods or services from a vendor. This transaction establishes a contractual agreement between the buyer and the supplier for the delivery of specified items at agreed terms, including quantities and pricing. In the context of SAP FI and MM, the creation of a purchase order initiates the procurement process. It is a key step that aligns with inventory management and procurement strategies, ensuring that organizations can track and manage inventory levels effectively. This kind of transaction directly supports material planning and supply chain operations, making it a core function of the Materials Management module. Other procurement transactions mentioned have broader applicability or can be associated with other modules or processes within SAP. For instance, goods receipt and invoice receipt are important financial transactions that relate to inventory control and financial accounting respectively, but they do not solely define the procurement phase within the MM context. Meanwhile, the creation of a purchase requisition, while also a precursor in the procurement cycle, falls under a preliminary stage where a need for materials is indicated but does not involve the commitment that a purchase order does. Therefore, the unique association of creating a purchase