170_SAP_FICO_Exam_Related_Questions.doc
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170 SAP FICO EXAM RELATED QUESTIONS 1. A chart of account ! Mu"t# Cho#c$% A. can be allocated to multiple company code B. can be defined as the group chart of accounts C. only contains definitions for G/L accounts D. can only allocated to one company code. &. A c"#$nt. !S#n'"$ Cho#c$% A. may only contain a single chart of accounts B. may contain multiple charts of accounts C. may only use one currency type D. may only have one controlling area (. I)$nt#f* th$ corr$ct tat$+$nt!% r$"at#n' to ho, th$ +a#n -u#n$ roc$$ ar$ #nt$'rat$) #n th$ SAP R/( S*t$+. !Mu"t# Cho#c$% A. A purchase requisition is a documented request to purchase goods or services. In A! it can be created manually or automatically. B. A goods receipt is the recording of the movement of materials into the "arehouse. In A!# a financial document "hich updates the inventory account and an accrued liability account is created C. $he Invoice receipt and verification process compares the vendor invoice "ith the purchase order and goods receipt. %o"ever# the corresponding financial transaction must be entered through the financial module of &/'. D. In A!# payment processing reduces the liability to a vendor and a company()s cash balance# records discounts ta*en and disburses payment. +. A customer delivery is the transfer of the o"nership of goods. A customer delivery includes# creation of a delivery document# pic*ing the goods for shipment, physically transferring the goods to the customer and financially recording the goods issue. . I)$nt#f* th$ corr$ct tat$+$nt!% r$'ar)#n' or'an#at#ona" $"$+$nt ,#th#n th$ R/( S*t$+. ! Mu"t# Cho#c$% A. $he ales area combines the sales organi-ation# distribution channel# and division. B. $he !urchasing rgani-ation is responsible for the purchasing for the only one plant. C. A plant is a location in "hich inventory quantities and values are stored or manufactured. D. A Controlling area can comprise several company codes using different chart of accounts but must operate in the same currency. +. A profit center is used to generate income statements and operating profit statements. 2. I)$nt#f* th$ corr$ct tat$+$nt. ! Mu"t# Cho#c$% A. All areas of an organi-ation that are to be integrated into the &/' !roduction system should be included under one client. B. $he term 3c"#$nt )$$n)$nt refers to tables or data that relate only to the client "hich "as accessed during the log on process.
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