Question

Data in the vendor master are grouped into which three segments? (A) General data, storage data, and purchasing data (B) General data, storage data, and inventory data (C) Storage data, accounting data, and purchasing data (D) Storage data, accounting data, and pricing data (E) General data, storage data, and purchasing data

Answer 1

Answer: (E) General data, accounting data and purchasing data

Explanation: Data in the vendor master data collection is the data that describes about the vendors that supply the firms or businesses. The record of the vendors are stored in the database which has subjects like address of vendor, name of vendor etc.

The segments or levels of the vendor master database are general data , purchasing data and the accounting data which gives the information about the good and services that are being supplied by the vendor along with his own details .

Other options are incorrect because inventory data, storage data and pricing data are not found in the data collection of vendor master .thus , the correct option is option(E).