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C_TS412_2021 · Question #15

C_TS412_2021 Question #15: Real Exam Question with Answer & Explanation

The correct answer is D. In the material master. To control whether a project stock is managed as valuated or non-valuated project stock, you have to maintain the setting in the material master. The material master is a set of data that defines the characteristics and properties of a material that can be produced or procured. T

Question

Where do you control whether a project stock is managed as valuated or non-valuated project stock?

Options

  • AIn the network activity
  • BIn the project definition
  • CIn the WBS element
  • DIn the material master

Explanation

To control whether a project stock is managed as valuated or non-valuated project stock, you have to maintain the setting in the material master. The material master is a set of data that defines the characteristics and properties of a material that can be produced or procured. The material master contains various views that store different types of information about a material, such as basic data, sales data, purchasing data, accounting data, and so on. In the accounting view of the material master, you can specify whether a material is relevant for valuated project stock or not by using the Valuation category field. The valuation category is a parameter that determines how a material is valuated in different stock accounts. If you select Q as the valuation category for a material, it means that the material is relevant for valuated project stock and its value is updated in Financial Accounting. If you leave the valuation category blank for a material, it means that the material is relevant for non-valuated project stock and its value is not updated in Financial Accounting.

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