Multiple choice technology packaged enterprise solutions

How many types of cotract are there in SAP MM?

  1. 2

  2. 3

  3. 4

  4. 1
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A Correct answer
Explanation

In SAP MM, contracts are primarily classified into 2 main types: Quantity Contracts (based on quantity) and Value Contracts (based on total value). Some classification systems mention additional subtypes, but the fundamental categorization remains these 2 types. The question expects the 2-type answer as the standard classification.

AI explanation

SAP MM supports two types of contracts: the quantity contract, where a total quantity is agreed to be purchased over time, and the value contract, where a total monetary value is agreed instead. Both are outline agreements without fixed delivery dates, distinguishing them from scheduling agreements, but only these two contract types exist in standard SAP MM.

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