wayground logo

Free Printable Worksheets

NEW

Font size

S
M
L
XL
Worksheets

Purchasing - A/P

Total questions: 20

Worksheet time: 9mins

Name
Class
Date
1.

Select the Correct Combinations

a)

Item (Goods) - HSN Code and Service - SAC Code

b)

Item (Goods) - SAC Code and Service - SAC Code

c)

Item (Goods) - HSN Code and Service - HSN Code

d)

Item (Goods) - SAC Code and Service - HSN Code

2.

Entering Location is Mandatory for A/P Invoice

a)

Always True

b)

Always False

c)

Sometimes True

d)

Sometimes False

3.

IGST Tax codes are Selected for Intrastate (With-in same State) Purchases

a)

Always True

b)

Always False

c)

Sometimes True

d)

Sometimes False

4.

In Journal Entry for Outgoing Payment, Vendor/Customer Account will be

a)

Always Debit

b)

Always Credit

c)

Sometimes Debit

d)

Sometimes Credit

5.

Select the Correct one out of the Following

a)
b)
c)
d)
6.

Purchase Flow Without Landed Cost and A/P Down Payment

a)

Purchase Request - Purchase Quotation - GRPO - A/P Invoice - Purchase order - Outgoing Payments

b)

Purchase order - Purchase Request - Purchase Quotation - GRPO - Outgoing Payments

c)

Purchase Quotation - GRPO - A/P Invoice - Purchase order - Outgoing Payments

d)

Purchase Request - Purchase Quotation - Purchase order - GRPO - A/P Invoice - Outgoing Payments

7.

A/P Down Payment is Used for

a)

Requesting Purchase Department to make New Purchases

b)

Making outgoing Payment Against A/P Invoice

c)

Making Outgoing payment Against Purchase Order

d)

Requesting Stores Department to provide stock statement

8.

Withholding Tax Can be deducted in

a)

A/P Invoice

b)

A/P Down payment Request

c)

A/P Down Payment Invoice

d)

Both A/P Invoice and A/P Down payment Invoice

e)

Both A/P Invoice and A/P Down Payment Request

9.

With Holding tax / TDS will be

a)

Deducted from Vendor

b)

Paid to Vendor

c)

Paid to Customer

d)

Deducted from Government

10.

Base Document For Landed Costs is

a)

A/P Invoice

b)

Purchase order

c)

Goods Receipt PO

d)

A/P Invoice or Purchase Order

e)

A/P Invoice or Goods Receipt PO

11.

For Goods Receipt PO, In Journal Entry Inventory Account will be

a)

Always Debit

b)

Always Credit

c)

Sometimes Debit

d)

Sometimes Credit

12.

Which of the Following Statements Correct in relation to A/P Invoice screen

a)

Freight can only be entered at the bottom right of the screen

b)

Freight can only be entered in the line level of the screen

c)

Freight can be entered both at bottom right and Line level of the screen

d)

Freight can neither be entered at the bottom right nor in the line Level

13.

PCH1.Linetotal =

a)

Price After Discount - Discount + Freight

b)

Price Before Discount - Discount + Tax Amount

c)

Price Before Discount - Discount

d)

Price After Discount +Tax Amount

14.

A/P Invoice Freight Information can be found in _______ Table

a)

PCH4

b)

POR5

c)

PCH5

d)

PCH3

15.

A/P Invoice Withholding Tax information can be found in ______ Table

a)

PCH5

b)

PCH4

c)

POR5

d)

PCH1

16.

Assignment of Withholding Tax Codes to Business Partner Code can be Done in __________ Tab of Business Partner Master Data

a)

Addresses - Tax

b)

Payment Run - Tax

c)

Accounting - Tax

d)

Properties

17.

Assignment of Price Lists to Business Partner Code can be Done in __________ Tab of Business Partner Master Data

a)

General

b)

Payment Run

c)

Payment Terms

d)

Accounting

18.

Landed cost Document can be Cancelled / Reversed.

a)

Always True

b)

Always False

c)

Sometimes True

d)

Sometimes False

19.

Warehouse Code in Line Level Can be selected in A/P Invoice for Document Type Service

a)

Always True

b)

Always False

c)

Sometimes True

d)

Sometimes False

20.

Appropriate Join to be used between Tables OPOR and POR1

a)

Left Join

b)

Full Outer Join

c)

Inner Join

d)

Right Join