Webclass 53: Quick win - Is your entity really doing a 3-way-match or do they just pretend to?

Q1. When inventory is received and the invoice is not received, what would be a typical journal entry?

Debit inventory, credit GR/IR

Correct Incorrect Correct answer

Credit inventory, debit GR/IR

Correct Incorrect Correct answer

Q2. When an invoice is received and booked against a GR/IR posting, which journal entry line item gets the clearing document number, the line with the supplier reconciliation account or the line with the GR/IR account?

The line with the GR/IR account gets debited and cleared to the previously booked credit GR/IR

Correct Incorrect Correct answer

The line with the supplier account gets booked to the line with the GR/IR account

Correct Incorrect Correct answer

Q3. What is a common Tolerance Limit that will compare the value on the invoice to the value on the PO?

PP

Correct Incorrect Correct answer

AN

Correct Incorrect Correct answer

Q4. If we enter invoices directly into the FI module of SAP, can we use Tolerance Limits?

No

Correct Incorrect Correct answer

Yes

Correct Incorrect Correct answer

Q5. If you have a PP Tolerance Limit set to “Check limit”, is it sure that your invoice will require approval before being released for payment?

No, it depends on the Tolerance Limit, which could be very high

Correct Incorrect Correct answer

Yes, with the PP Tolerance Limit the invoice will be blocked and will require to be released for payment

Correct Incorrect Correct answer

Q6. What happens to invoices that are blocked?

They go into an MRBR report, where they can be unblocked manually

Correct Incorrect Correct answer

They are deleted by SAP because they might be fraudulent

Correct Incorrect Correct answer

Q7. Why might a fraudster increase the value on the GR?

Because this increases the posting to the GR/IR account, and therefore when an invoice arrives, which is also of a high value, it is more likely to go through unchecked, and the supplier will receive a greater payment than they should based on what was agreed in the PO.

Correct Incorrect Correct answer

Because the fraudster would like the inventory value to go up so that they can take some of the inventory home without needing to pay for it and without anyone noticing the inventory leakage.

Correct Incorrect Correct answer

Q8. Why might a supplier sometimes book an invoice directly into the FI module of SAP and sometimes directly into the MM module of SAP?

Because they sometimes want to get extra money and give a kickback to the accounts payable clerk.

Correct Incorrect Correct answer

Because they sometimes don't have time to send a purchase order.

Correct Incorrect Correct answer

Q9. What could be a dangerous fraud scenario if the Tolerance Key is set to DW?

POs are entered for goods that get delivered to a parallel company and the invoice is processed because not exceeding the PO.

Correct Incorrect Correct answer

The goods received do not update the level of stock correctly.

Correct Incorrect Correct answer

Q10. How can we monitor/ control “blanket” POs?

Ensure that they are not active for too long, check that only one supplier is used for them, check that the supplier is not a one-time vendor, check that the materials in the blanket PO are not generic, not too many different types, consistent with the contract, etc.

Correct Incorrect Correct answer

Ensure that they are used for as many projects as possible, in order to maintain efficiency of not having to enter too many POs.

Correct Incorrect Correct answer

WC053 – Quick win: Is your entity really doing a 3-way-match or do they just pretend to?

Quizzes

Participants 13

Webclass 53: Quick win – Is your entity really doing a 3-way-match or do they just pretend to?

admin June 9, 2026

Quiz Summary

Information

Results

Results

Categories

1. Question

2. Question

3. Question

4. Question

5. Question

6. Question

7. Question

8. Question

9. Question

10. Question