ERP Database » SAP FICO Certification Questions and Answers # 8
description
Transcript of ERP Database » SAP FICO Certification Questions and Answers # 8
3/4/13 ERP Database » SAP FICO Certification Questions and Answers # 8
www.erpdb.info/sap-fico-certification-questions-and-answers-8/ 1/9
Search
0
HomeBeginnersFAQs
Online Store
Archives
RSS
EMAILWhat is RSS?
Recent Posts
OSMONITOR – ST06
Table Buffering in SAP
Performance Tuning from SAP System Wide Prespective
Defining New System in SALE
Understanding Remote Function Call (RFC) Processes
Gateway Work Process SMGW
Enqueue Process SM12
Update Monitoring ( SM13 )
Common Reasons Why SAP Background Jobs Gets Cancelled
What is SLICENSE in SAP
Types of Work Processes
ERP Database contains a huge collection of articles related to ERP System and Software.
Many of the articles are specifically related to SAP. All these ERP/SAP articles are freely
available to everyone.
If you would like to submit an article or share any document related to ERP or any specificERP software. Please mail it to [email protected]. Please make sure that the documents are
not copyrighted.Social Bookmarks:
SAP FICO Certification Questions andAnswers # 8
Written by admin on Apr 2nd, 2009 | Filed under: FAQs, Finance (FI)
3/4/13 ERP Database » SAP FICO Certification Questions and Answers # 8
www.erpdb.info/sap-fico-certification-questions-and-answers-8/ 2/9
1. Which of these statements on document principles are correct?
a. R/3 can assign the document numbers always
b. A business event triggers only one document within R/3
c. Each business event creates an accounting document within R/3d. R/3 will link related documents in the system
2. In the payment process, automatic options to the users are
a. select open invoices to be paid/collected, post payment document
b. post payment documents/print payment media
c. select open invoices to be paid or collected, post payment document, print payment media
3. Which of the following are true.
a. any payment block can be removed in payment proposal editb. only line item payment block is removed during the payment proposal
c. items that cannot be paid are detailed in the exception list
4. Which of these statements on payment program are correct
a. there are four steps in payment process, viz., parameters, proposal, program, print
b. once the parameters have been specified, the print program is scheduled to generatepayment media
3/4/13 ERP Database » SAP FICO Certification Questions and Answers # 8
www.erpdb.info/sap-fico-certification-questions-and-answers-8/ 3/9
5. Every run of the payment program is identified by two fields
a. run date
b. identification
6. Which of the following statements are truea. The run date is recommended to be the actual date when the program is executed
b. The field identification is used to run print program
7. Which of the following statements are correct
a. the G/L account name for house banks must match the names given to the house bank in the
bank directory
b. the G/L account names for house banks are user definablec. the G/L account names for house banks could be the bank name and account number
d. the G/L account names for house banks are defined in bank directory
e. at company code level, G/L account names for house banks can be different from those in
chart of account
8. Which of the following statements are true in respect to payment programconfiguration in all codes area
a. sending company code and paying company code are same always
b. by specifying the vendor/customer special G/L transaction to be paid, we can
process specified special G/L transaction onlyc. by activating payment method supplement, we can print and sort payments
9. Which of the statements are true in respect to configuration of payment programbank determination area
a. without ranking order, system will not process the payment
b. bank/payment method combination is must to define ranking order
c. without maintaining the value date in bank selection, system will not process the payment
10. If we are using check management, which of the statements is true
a. define check lots in order to print checksb. check lots are used only for automatic payments
11. True/false
a. all company codes in the payment run parameters must be in the same country
b. a payment method can only be used if it is entered in the account master record
c. the payment proposal can only be edited, deleted and recreated as often as desiredd. the exception list is a part of the payment proposal
12. When running the dunning program
a. we can edit proposal
b. we cannot delete the proposalc. we can recreate the proposal until the dunning clerk is satisfied with the result
d. after completing the dunning proposal list, dunning data is updated in master records
13. Which of the following statements are true
a. one time accounts cannot be dunned
b. we can assign two dunning procedures to customer master recordsc. dunning procedure can process
3/4/13 ERP Database » SAP FICO Certification Questions and Answers # 8
www.erpdb.info/sap-fico-certification-questions-and-answers-8/ 4/9
only standard transactions
d. interest can be posted at the time
of dunning
14. The maximum dunning level
can be defined in the dunning
procedure is
a. four
b. six
c. nine
15. An item whose days in
arrears are smaller or identical
to the grace periods, dunning
program will consider for the
dunning notice.
TRUE/FALSE
16. Which of the following statements are false
a. we cannot specify per dunning level that interest is to be calculated
b. we cannot print a dunning notice in a legal dunning procedure, although no further account
movements have occurred
c. we can set a minimum amount for the dunning charges on each dunning level
17. What information does a dunning run change?
a. the date of the last dunning run in the customer master record
b. the dunning level in the customer master record
c. the dunning level in documents for which dunning notices are created
d. from (layout set) specifications in the customer master record for the text in the next dunning
letter
e. the dunning procedure in the customer master record for the next dunning run
18. Which of these statements are true
a. we can calculate interest on G/L accounts under interest on arrears method
b. each interest id must be assigned on interest calculation type
19. Two steps to define financial statement versions are
a. enter it in the directory of financial statement version
b. define hierarchy levels and assign accounts
20. Which of the following statements are true
a. a financial statement version consist of maximum 9 hierarchy levels
b. we cannot assign account group according to balance
c. drill down report is a tool that enables to analyze sub ledger transaction figures only
21. Individual value adjustment for doubtful receivables are possible
a. through special G/L transactions
b. through normal transactions
c. both of the above
Free Classifieds in IndiaEverything you want, everything you need:
Try OLX Free Classifieds!
www.olx.in
Related Searches: Sap Sd | Onl ine Certi ficate | SAP Certi fication | Server Nam e | Certi fication Program s |Search
3/4/13 ERP Database » SAP FICO Certification Questions and Answers # 8
www.erpdb.info/sap-fico-certification-questions-and-answers-8/ 5/9
22. Foreign currency valuation is possible
a. only vendor/customer open items
b. only balance sheet items
c. both of the above
23. Which of the statements are true
a. when we are valuating open items without update for reversal of the adjustment posting after
key date, user can define another posting date in place of key date +1
b. when we have regrouped the receivables/vendors, system carries out adjustment postings
c. allocating costs to financial accounting through external settlement, the G/L is updated
online/realtime
24. Depreciation posting can be executeda. through batch input session
b. direct FI postings
c. any one of the above
25. To set up the financial statement version in your company, maximum limit is 9.
TRUE/FALSE
Answers
1. A-T, B-F, C-F, D-T
2. A-T, B-T, C-T
3. A-T, B-T, C-T
4. A-T, B-F
5. A-T, B-T
6. A-T, B-F7. A-F, B-T, C-T, D-F, E-F
8. A-F, B-T, C-T
9. A-F, B-T, C-F
10. A-T, B-F
11. A-T, B-F, C-T, D-T
12. A-T, B-F, C-T, D-F
13. A-F, B-F, C-F, D-F
14. A-F, B-F, C-T15. FALSE
16. A-F, B-F, C-T
17. A-T, B-T, C-T, D-F, E-F
18. A-F, B-T
19. A-T, B-T
20. A-F, B-T, C-F
21. A-T, B-F, C-F
22. A-T, B-T, C-T23. A-T, B-T, C-T
24. A-T, B-T, C-T
25. FALSE
4
3/4/13 ERP Database » SAP FICO Certification Questions and Answers # 8
www.erpdb.info/sap-fico-certification-questions-and-answers-8/ 6/9
If you like this post, you may as well like these too:
1. SAP FICO Certification Questions and Answers # 6 Certification Questions: Answer
True or False 1. While parking a document, a temporary document number is created 2. When we
cancel/delete the parked document, another number is created 3. Number...
2. SAP FICO Certification Questions and Answers # 9 Answers the following in True or
False 1. G/L master record is always for all company codes in the system 2. currency is a
required field entry while creating G/L...
3. SAP FICO Certification Questions and Answers # 5 ACADEMY: MANAGERIAL
AND FINANCIAL ACCOUNTING # 5 Please read the questions carefully. More than one choice
could be correct in some questions. Specific hints have not been given. Please tick...
4. SAP FICO Certification Questions and Answers # 4 1. Account groups are used to
control the following properties a. field status of transaction fields b. field status of master fields
c. field status of master fields and number...
5. SAP FICO Certification Questions and Answers # 3 1. Which of the statements on
document principles are correct? a. each business event creates an accounting document in R/3
b. a business event might trigger more than one document...
6. SAP FICO Certification Questions and Answers # 2 Managerial and financial
Accounting Q & A # 2 1. Every company code can have following combinations as chart of
accounts (COA) a. one operating COA and many group COAs...
7. SAP FICO Certification Questions and Answers # 1 Managerial and financial
Accounting Q & A # 1 1. The length of G/L account number should be mentioned in a. G/L
account groups b. G/L account c. Chart of...
8. SAP FICO Certification Questions and Answers # 10 Answer in Yes(Y) or No(N) 1.
Every company code can have the following combination of Chart of Accounts (COA) (Y) (N) One
operating COA and one group COA and one...
9. SAP FICO Certification Questions and Answers # 7 Fill in the Blanks, for answers
refer end of the post. 1. What are the three elements (servers) of R/3 system? 2. All the data and
programs are stored in_____________...
10. SAP Certification Exam Tests with Answers SAP Asset Accounting Q & A SAP
Automatic Dunning Procedure SAP Automatic Payment Program SAP Controlling Q & A SAP
FI General Questions SAP Finance Accounting I and II SAP...
11. SAP FICO Questions SAP FICO Questions FICO Question and Answers from PWC.
Download from Rapidshare or Mediafire....
12. SAP SD Questions and Answers [More] SAP SD Questions and Answers. Most of the
questions contain multiple answers 1. In reference mandatory in deliveries, which of the following
are true? a. the system requires purchase order...
13. SAP XI BPM Certification Questions 1. Business Process Management is concerned
with a. Processes within and across applications b. Planned or spontaneous Human interaction c.
Automating, streamlining, managing business processes d. Moving process control from...
14. 1000 SAP Interview Questions and Answers Okay, tomorrow is a big Interview day for
you and you need to know everything about ABAP. Here is a compiled list of all the Questions and
Answers you need...
15. SAP XI Certification Questions – Series 1 (1-100) 1. SAP XI is an Integration
Ads by Google Sap MM Sap Fico Modules Sap CRM Sap HRAds by Google Download Sap Sap Business One Sap Fi Co Sap ERPAds by Google Sap BPM Sap R 3 Sap SD Transaction Sap Applications
3/4/13 ERP Database » SAP FICO Certification Questions and Answers # 8
www.erpdb.info/sap-fico-certification-questions-and-answers-8/ 7/9
technology and platform…… a) for SAP and non SAP applications. b) for A2A and B2B scenarios
c) for asynchronous and synchronous applications d) for...
No Comments Get FREE daily updates by RSS or e-mail
Leave a Reply
Name (required)
Mail (will not be published) (required)
Website
Submit Comment
Categories
ABAP (194)
ABAP Keywords (54)
ABAP Programs (162)Adobe Forms (1)
Application Linking and Enabling(ALE) (12)
Articles (8)
ASAP Methodology (2)
Audit Management (1)
Basis (63)
Beginners (10)
BSP (1)
Business One (2)
Business Process Expert (2)
Business Warehouse (BIW) (32)
Configuration (3)
Controlling (CO) (18)
Customer Relationship Management (CRM) (10)
Customizing (2)
3/4/13 ERP Database » SAP FICO Certification Questions and Answers # 8
www.erpdb.info/sap-fico-certification-questions-and-answers-8/ 8/9
Data Transfer (1)
Database Administration (1)
Electronic Data Interchange (EDI) (2)Enterprise Portal (EP) (3)
ERP (1)
ERP Central Component (ECC) (1)
FAQs (66)
Finance (FI) (199)
Fun Corner (4)
Functional Designs (1)
General (12)
Human Resource (HR) (12)
IDOCs (14)
Industry Solutions (IS) (1)
Installation (19)
Integration (7)
Internet Transaction Server (ITS) (1)
Java for SAP (7)
Knowledge Management(KM) (1)Master Data Management(MDM) (2)
Material Management (MM) (91)
MaxDB (1)
Migration (1)
Netweaver (13)
Others (1)
Production Planning (PP) (13)
Project Systems (PS) (4)
Quality Management (4)
RFID (1)
Sales and Distribution (SD) (61)
SAP General (209)
SAP News (13)
SAP Scripts (2)
SAP XI (5)
Security (1)Sizing (1)
Smartforms (3)
Strategic Enterprise Management (SEM) (1)
Supplier Relationship Managemen (SRM) (5)
Supply Chain Management (SCM) (1)
Tips & Tricks (29)
Transactions (6)
Uncategorized (1)
Upgrade (1)
Warehouse Management (WM) (6)
Webdynpro (11)
Workflow (6)
3/4/13 ERP Database » SAP FICO Certification Questions and Answers # 8
www.erpdb.info/sap-fico-certification-questions-and-answers-8/ 9/9
Blogroll
What is ERP
What is SAP
Like us on Facebook
A nabel Smart A L
V ishal Jorge V ishnubharath
ERP Database
Like 543
543 people like ERP Database.
ERP
Databas
e shared
a link.
ER
P
Dat
ab
ase
www.erpdb.info
OS
Montior
Fetche
s the
data
using
service
SAPOS
COL
Copyright © 2011 ERP Database
Damai theme by eches
SAP is a registered trademark of SAP AG. ERP Database is not affiliated to SAP AG or any
of its subsidiaries.
Disclaimer | DMCA Information & Copyright | Privacy Policy | Archives | About Us