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It has enhanced my knowledge about linking MIC to Class characteristic. Need small clarification, a do we need to make any other configuration settings other than what you have explained to transfer MIC values to update the characteristic values of the batch. The classification data contained in the material master is used in Materials Management to further describe materials using the following characteristics: The class type determines how classes are processed, and how objects can be classified and retrieved in these classes. The SAP Classification System is a tool offering functions more far-reaching than matchcodes or systematically assigned numbers, to help you set up the kind of organization you need. There are 4 main parts to the Classification System. The description of the type can be found on TT Table. Below is the pattern details for this FM showing its interface including any import and export parameters, exceptions etc as well as any documentation contributions Comments specific to the object. Transaction: CLMM. The Characteristics Of Master Data Management.

Share the Test:. New Comment Last comments. New Comment. Your customer wants to use a consistent stock valuation strategy for products in each company code. What are the restrictions for standard price cost estimates?

Please choose the correct answer. They are only released to the material master data.

They are only released to those estimates that use iterative calculated activity prices. They are only released to material cost estimates with quantity structure. They are only released to one costing variant per period and company code. How would you explain a market segment in CO-PA? What is a market segment in CO-PA? A predefined value combination for the characteristics delivered by SAP. A certain characteristic combination of predefined values. A certain combination of the defined characteristics and value fields A certain value combination of the defined characteristics.

The valuation control for the material can be moving average price or standard price. Which of the below statement is not correct?

How To Extend Material Master To Plant In Sap

The price changes after each receipt in moving average price whereas the price remains same for standard price. Which of the following allocation methods in cost center accounting use secondary cost elements? There are 3 correct answers to this question. Overhead surcharges Distribution Activity allocation Periodic reposting Assessment.

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Which elements can be used in the row and column definition of a Report Painter report? There are 2 correct answers to this question. A combination of characteristics used in the general data selection A combination of a key figure and restricting characteristic values A combination of characteristic values A combination of characteristic values valid for the entire report. We are using the plan period indicator to specify the date for which the system should look for a valid material cost estimate in the database, for product cost controlling. We want to use the future standard cost estimate, so which option should be choose?

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Why is preliminary costing used for product cost collector? To determine the activity quantity to be confirmed in repetitive manufacturing To calculate actual costs on the basis of preliminary cost to valuate the production and scrap variances To valuate work in progress Costing lot size, BOM and routing of production process used to arrive at preliminary costing. Which of the following statement is correct with reference to orders with revenue? Revenues can be settled to cost center Revenues cannot be settled to general ledger accounts Costs can be settled to any receiver Order can be created like any other overhead order type. While working with account assignments, you need to follow certain rules.]