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Q:

What is meant by consignment stock?

Answer

Consignment stock is the material which is lying in the premises but is not owned by the company. It has no value assigned to it until it is taken into own stock. Once it is used in production or to be sold, it is taken into own stock.

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Subject: SAP

Q:

Which of the Item Category system determine in Consigment Processing

A. Consignment Pick up - KAN
B. Consignment Return - KRN
C. Consignment issue - KEN
D. Consignment fill up - KBN

Answer

Answer : A , B , C ,D

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Subject: SAP SD

Q:

Which of the following MRP areas do not exist?

A. Consignment MRP area
B. Plant MRP area
C. Storage location MRP area
D. Subcontractor MRP area

Answer

Answer : A

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Subject: SAP MM