Interview Questions and Answers

Source Determination in SAP MM involves determining the best source for procurement based on various factors like pricing, vendor performance, and delivery schedules.

Material Valuation in SAP MM involves assigning a value to materials in the inventory. Different valuation methods, such as moving average price and standard price, can be used.

Release Strategy in SAP MM is a workflow mechanism that allows specific individuals to release or approve documents such as purchase orders based on predefined criteria.

Automatic Account Determination in SAP MM involves assigning the appropriate general ledger accounts automatically based on the transaction and material type. It streamlines financial postings.

The 'Automatic PO Creation' feature in SAP MM allows for the automatic creation of purchase orders based on predefined criteria, streamlining the procurement process.