1. What is SAP?

2. What is ERP(Enterprise Resource Planning)?

3. Why does the SAP used for?

4. What are Metadata, Master data, and Transaction data?

5. List the different SAP modules.

6. What is the posting key?

7. How many SAP Sessions can you work on at a given time?

8. Mention what do you mean by one-time vendors?

9. Explain what is a company in SAP?

10. What is the meaning of a year-dependent fiscal year in SAP?

11. What is the function of a posting key?

12. What would you say are the advantages of defining business areas for a
company?

13. What are payment terms and why are they important?

14. What methods do you like to use to handle vendor invoice payments?

15. In what scenarios would you use document reversal?

16. In what instances would it be impractical to create a new master record for
a vendor?

17. Why would it be necessary to create a reason code?

18. Explain what is SAP MM?

19. What is a Material Master record in SAP MM?

20. What are the different types of materials in SAP MM