The Materials Management Module of ERP Maintains Vendor Master Data

question 29

Multiple Choice

The Materials Management module of ERP maintains vendor master data.Users in different departments can update these records as necessary.There are several categories of information maintained in vendor master records.Which category of data below is not maintained in the vendor master records?

• A) General data such as name, address, and telephone
• B) Purchasing data such as quotations, invoice verification, or inventory control
• C) Object data such as an organization accounting unit
• D) Company code (accounting data) defines agreed payment terms and sub-ledger reconciliation account number

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Definitions:

Unilateral Contract

An agreement in which only one party makes a promise to perform in exchange for an act by the other party.

Acceptance

The act of receiving or agreeing to something, such as a proposal or offer, thus constituting a contract.

Performance

The execution, accomplishment, or fulfillment of a promise, contract, or other obligation.

Revocation

The act of withdrawing, canceling, or repealing a statement, offer, or privilege, which can pertain to legal contracts, licenses, or wills.