For which type of contracts does the Central Purchase Contract allow to create contract for Material Group (W)?

For which type of contracts does the Central Purchase Contract allow to create contract for Material Group (W)?
A . Sales contracts
B . Value contracts
C . Service contracts
D . Quantity contracts

View Answer

Answer: B

Explanation:

A value contract is a type of central purchase contract that allows you to create a contract for a material group (W) without specifying the quantity or delivery date of the materials. A value contract is useful when you want to agree on a total value or target value with a supplier for a certain period of time, and then order the materials as needed. A value contract can also have multiple release orders that reference the contract and reduce its value.

A sales contract, a service contract, and a quantity contract are not types of central purchase contracts that allow you to create a contract for a material group (W). A sales contract is a type of customer contract that specifies the terms and conditions for selling goods or services to a customer. A service contract is a type of purchase contract that specifies the terms and conditions for procuring services from a supplier. A quantity contract is a type of purchase contract that specifies the quantity and price of materials to be supplied by a supplier within a certain period of time.

Reference:

SAP Help Portal: Central Purchase Contract

SAP Help Portal: Value Contract

SAP Help Portal: Sales Contract

SAP Help Portal: Service Contract

SAP Help Portal: Quantity Contract