In SAP R/3,relatively Permanent Data in the Material Master Data

question 42

True/False

In SAP R/3,relatively permanent data in the Material Master Data table is available to only one module,the Materials Management module.

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Definitions:

Land

A natural resource concerning the solid surface of the earth, which is not subject to depreciation.

Machinery and Equipment

Long-term assets used in the operations of a business, not intended for sale, ranging from production machinery to office equipment.

Goodwill

An intangible asset that arises when a business is acquired for more than the fair value of its identifiable net assets.

Patent

A legal right granted by the government to an inventor, giving exclusive ownership of an invention for a certain period of time, prohibiting others from making, using, or selling it.