C-TFIN52-64qa426
Number: 000-000Passing Score: 800Time Limit: 120 minFile Version: 1.0
SAP C-TFIN52-64
C_TFIN52_64 Financial Accounting with SAP ERP 6.0
EHP4
Exam A
QUESTION 1Identify the steps in the ASAP (Accelerated SAP) Methodology.
A. Roll out
B. Go Live & Support
C. Final Preparation
D. Realization
E. Project Preparation
F. Business Blueprint
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: B,C,D,E,F
QUESTION 2Which are the necessary steps to create a validation?
A. Check, control, message
B. Prerequisite, check, update, control
C. Check, update, message
D. Prerequisite, check, message
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 3What is the purpose of account determination in the accrual engine? (There are 2 correct answers to thisquestion.)
A. To determine the CO object
B. To determine the correct posting period.
C. To determine the document type
D. To determine debit and credit accounts.
Correct Answer: CDSection: (none)Explanation
Explanation/Reference:
QUESTION 4Which are the correct series of steps in the payment program?
A. CD Maintain parameters, Proposal run, Printing Payment Media, Execute a payment run CD.
B. Proposal run, Maintain parameters, Printing Payment Media, Execute a payment run CD.
C. Proposal run, Execute a payment run, Printing Payment Media, Maintain parameters CD.
D. Maintain parameters, Printing Payment Media, Proposal run, Execute a payment run CD.
E. Maintain parameters, Proposal run, Execute a payment run, Printing Payment Media.
Correct Answer: ESection: (none)Explanation
Explanation/Reference:
QUESTION 5Every company code may define its own document number ranges
A. Fales
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 6What are the necessary elements required to create a customer-specific drilldown report for New GeneralLedger Accounting? (There are 2 correct answers to this question.)
A. Variables
B. A report header
C. Characteristics
D. A form
Correct Answer: CDSection: (none)Explanation
Explanation/Reference:
QUESTION 7Instead of the classic system monitoring of individual system components; with Solution Monitoring, entirebusiness processes can be monitored as a whole across multiple components. Identify the threecomponents that define the concept of Solution Monitoring:
A. User Level management
B. Business Process Monitoring
C. System Monitoring
D. Service Level Management
E. Component Solution Monitoring
Correct Answer: BCDSection: (none)Explanation
Explanation/Reference:
QUESTION 8The RUN DATE is always the date when a certain dunning run is supposed to be started
A. True
B. Fales
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 9SAP Solution Manager provides support throughout the life cycle of solutions - which common usagescenario is missing from the list of usage scenarios below? (Implement SAP Solutions), (Monitor SAPSolutions), (Manage Service Desk), (Link to SAP Services), (Upgrade SAP Solutions)
A. Monitor Service Desk
B. Manage Change Requests
C. Link to Change Requests
D. Implement SAP Services
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 10Every company code may define its own document types
A. Fales
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 11Identify the three main areas of the Implementation Roadmap from the items listed below:
A. Accelerator area
B. Viewing / Text area
C. Roadmap structure Attachments area
D. IMG area
Correct Answer: BCDSection: (none)Explanation
Explanation/Reference:
QUESTION 12You can configure different types of Chart of Accounts in the ERP system. Which one of the following areTRUE Chart of Accounts? (There are 3 correct answers to this question.)
A. Group chart of accounts
B. Country-specific chart of accounts
C. Operating chart of accounts
D. Plant-specific chart of accounts
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 13The organizational units of Financial Accounting are used for external reporting purposes; that is, they fulfillrequirements that your business is subject to from external parties (e.g. legal regulations)Which of the following Organizational units are Mandatory in an ERP system with Fl? (There are 3 correctanswers to this question.)
A. Client
B. Fiscal Year
C. Business Area
D. Company Code
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 14In New GL, how would you incorporate companies with different fiscal years if you wanted to assign themto the same controlling area?
A. Create company codes with the same fiscal year variant and assign the company codes that have adifferent fiscal year to non-leading ledgers with the appropriate fiscal year variant.
B. Create company codes with different fiscal year variants and assign them to the same group companyfor reporting purposes.
C. Use the same fiscal year variant for all company codes and set up parallel accounting for companycodes that have different fiscal years
D. Use the same fiscal year variant for all company codes and do a reversible close for the companycodes that have different fiscal years.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 15Which object has to be used to avoid a change of the reconciliation account in the customer's master data?
A. The field status of the posting key.
B. The field status of the customer account group.
C. The field status of the activity
D. The field status group of the reconciliation account.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 16Your customer wants to add a new company code and asks you to make the configuration settings fordocument types and number ranges. What do you have to do?
A. No additional settings are necessary
B. Define number ranges for the new company code
C. Allow all document types for the new company code.
D. Set a second number range for all document types.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 17Standard ASAP (Accelerated SAP) roadmaps outline the activities involved in SAP solutions Identity thefour main types of roadmaps:
A. Global Template Roadmap
B. Implementation Roadmap
C. Solution Roadmap
D. Download Roadmap
E. Solution Management Roadmap
F. Upgrade Roadmap
Correct Answer: ABEFSection: (none)Explanation
Explanation/Reference:
QUESTION 18SAP Solution Manager is a stand-alone system that communicates with the systems in various landscapes.
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 19It is not possible to use third-party software in your solution monitoring strategy when using SolutionManager.
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 20Identify the benefits of SAP Solution Manager. (There are 5 correct answers to this question)
A. More leverage from IT investments
B. Reduced cost of implementation
C. Reduced ROI
D. More reliable IT solutions
E. Faster ROI
F. Reduced cost of operation
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,D,E,F
QUESTION 21For which scenario can you use the cash journal?
A. To post incoming and outgoing payments in any transaction currency
B. To make remittances to vendors.
C. To record documents that will not be included in the general ledger.
D. To manage cash in local branches and offices.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 22Of the items listed below, which are NOT features of Configuration? (There are more than one correctanswer to this question)
A. Generate Blueprint
B. Test Case Assignment
C. Transport Change Requests
D. Configure IMG Objects
E. Project Documentation
Correct Answer: ACSection: (none)Explanation
Explanation/Reference:
QUESTION 23Identify the features of a Business Blueprint from the following list: (There are more than one correctanswer for this question)
A. Business process groups
B. Blueprint document
C. Associated items
D. Business groups
E. Business scenarios
F. Blueprint structure
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,E,F
QUESTION 24You need to assign more than one company code to one controlling area. Under what kind of a businessscenario would you need to consider such a decision? (There are 2 correct answers to this question.)
A. Multilevel Product Cost Management across company codes.
B. Representation of intercompany processes, whereby producing and delivering plant are the same
C. Cross-company code transactions that MUST be processed in a controlling area
Correct Answer: ACSection: (none)Explanation
Explanation/Reference:
QUESTION 25Which of the following are interactive functions available in the SAP List Viewer? (There are 3 correctanswers to this question.)
A. Master data modification
B. Dual control
C. Summation
D. Sorting
E. Filters
Correct Answer: CDESection: (none)Explanation
Explanation/Reference:
QUESTION 26When parking a document, which of the following occurs in the system?
A. The document number is not assigned but transaction figures are updated.
B. The document number is not assigned and transaction figures are not updated
C. The document number is assigned but transaction figures are not updated.
D. The document number is assigned and transaction figures are updated.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 27The following activities are NOT part of the project management features of the SAP Solution Manager:
-Issues Management Plan-Scope Management Plan -OrganizationChange Management Plan
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 28Tax amounts of a Cross-Company code transaction are automatically distributed to the company codes inwhich the expenses/revenues occurred
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 29Change Request Management provides a central, streamlined approach to managing changes in thesystem landscapes:
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 30You can configure the SAP system to calculate interest for customers or vendors that owe you money. Youcannot calculate interest; however, if you owe your business partner money.
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 31Identify the features of the service desk from the items listed below. (There are more than one correctanswer to this question)
A. SAP Help
B. Customer solution database
C. Error handling
D. Solution Manager diagnostics
E. Managing SAP Notes
F. Message handling process
Correct Answer: BDEFSection: (none)Explanation
Explanation/Reference:
QUESTION 32Which objects can be assigned to an asset master record? (There are 3 correct answers to this question.)
A. Cost center.
B. Profit center.
C. WBS element.
D. Profitability segment.
E. Internal order
Correct Answer: ADESection: (none)Explanation
Explanation/Reference:
QUESTION 33Which of the following tax types does the SAP System support for calculating, posting, and correcting tax,as well as for tax reporting? (There are 3 correct answers to this question.)
A. Top-Up Tax
B. Additional Taxes
C. Tax on sales & purchases
D. Withholding Tax
Correct Answer: BCDSection: (none)Explanation
Explanation/Reference:
QUESTION 34ASAP (Accelerated SAP) Roadmap is aimed at providing step-by-step direction and guidance throughoutthe project implementationPlease choose the correct order of the 5 Phases in the project implementation lifecycle:
A. Project preparation, 2) Business blueprint, 3) Realization, 4) Final preparation, 5) Go Live & Support I I1) Project preparation, 2) Final preparation, 3) Business blueprint, 4) Realization, 5) Go Live & Support
B. Business blueprint, 2) Project preparation, 3) Final preparation, 4) Go Live & Support, 5) Realization
C. Go Live & Support, 2) Project preparation, 3) Business blueprint, 4) Final preparation, 5) Realization Z
D. Business blueprint, 2) Project preparation, 3) Final preparation, 4) Realization, 5) Go Live & Support
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 35The purpose of ASAP (Accelerated SAP) is to successfully implement SAP solutions across multipleindustries and customer environments.
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 36About evolution in the world of business, we can affirmate that (Please choose the correct sentence):
A. The internet revolution could turn available to companies the use of ERP functionality.
B. The next generation of "new dimension" products appeared taking functionality out of the company, tobring value through extending the Internet Revolution.
C. The internet has driven to a collaborative environment where value is created through collaborationwithin business communities.
D. In the first the companies were looking at Cost reduction and efficiency through integration of businesscommunities.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 37About the definition of ERP and e-business functionalities, we can say that (Note: we can have more thanone correct sentence. Please select the sentences you think they are correct): (4) ERP offers enterprisecentric functionality (general ledger, payroll, order entry) to integrate core, internal processes.
A. ERP is mySAP Financials and mySAP HR.
B. ERP is SAP R/3, while e-business is mySAP.com.
C. About Business Model, ERP can be considered as enterprise centric and e-business, as extended andcollaborative.
D. About Architecture, ERP can be considered as an integrated system and e-business, as an integratedsystem and an open integration platform.
E. About Processes, ERP can have them integrated, core within enterprises and collaborative, beyondcompany boundaries.
Correct Answer: ACDESection: (none)Explanation
Explanation/Reference:
QUESTION 38What is a SAP Business Object (Please choose the correct sentence)?
A. It is all the transaction data generated via transactions.
B. It is the instanced class of the Class Builder.
C. It is composed of tables that are related in a business context, including the related applicationprograms and it is maintained in the Class Repository.
D. It is the representation of a central business object in the real world, such as an employee, sales order,purchase requisition, invoice and so on.
E. It is a sequence of dialog steps that are consistent in a business context and that belong togetherlogically.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 39About BAPI (Business Application Programming Interface), what is true (Note: we can have more than onecorrect sentence. Please select the sentences you think they are correct)?
A. It is a well-defined interface providing access to processes and data of business application systems.
B. BAPIs offer a stable, standardized interface for integrating third-party applications and components inthe Business Framework.
C. A BAPI is assigned to one and only one business object.
D. In the R/3 Enterprise version (4)7) we can use BAPI to create an internal order inside a customizedABAP program.
E. A business object in the Business Object Repository (BOR) can have many methods from which one orseveral are implemented as BAPIs.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 40What can we say about ALE (Application Link Enabling, Note: we can have more than one correctsentence. Please select the sentences you think they are correct)? (3)
A. Business processes cannot be distributed using ALE.
B. The ALE concept is related to an enterprise structure with areas that have central tasks and areas withtasks that are decentralized.
C. The applications are integrated via a central database.
D. The applications are integrated via the message exchange.
E. The ALE concept supports the implementation and operation of distributed SAP applications.
Correct Answer: BDESection: (none)Explanation
Explanation/Reference:
QUESTION 41A company code is:(1)
A. an independent accounting entity (the smallest organization element for which a complete self-contained set of accounts can be drawn up).
B. an organizational unit in an enterprise that represents a closed system used for cost accountingpurposes.
C. an organizational unit that provides an additional evaluation level for the purpose of segment reporting,for example.
D. a dependent accounting entity, according to Fiscal Year.
E. the highest level in the R/3 system hierarchy.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 42Consider the following sentences:
1) The variant principle is a three-step method used in R/3 to assign special properties to one or more R/3objects.2) One of the disadvantages to use variants is that it can't deal with the maintenance of properties, whichare common among several business objects3) For using the variant principle, you must define the variant, populate it with values and assign it to theR/3 objects.4) This principle is used for Fiscal Years, Posting Periods and so on.Which of them is false?
A. 1 and 2)
B. 1 and 3)
C. 1)
D. 2
E. 3)
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 43Consider the following sentences:1) A fiscal year has to be defined by means of separating business transactions into different periods.2) Special periods are used for postings, which are related to the process of the year-end closing.In total, 16 special periods can be used3) The Fiscal Year variant only defines the amount of periods and their start and finish dates.4) The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.Which of them are true?
A. 1 and 2)
B. 1 and 3)
C. 2 and 3)
D. 2 and 4)
E. 3 and 4)
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 44What is an independent fiscal year variant (Please choose the correct sentence)? (1)
A. It is a variant which the postings periods are only equal to the months of the year.
B. It is a variant which you can define different number of periods, according to the year.
C. It is a variant which each own fiscal year uses the same number of periods, and the postings periodsalways start and end at the same day of the year.
D. It is a variant which allows the use of different number of posting periods.
E. It is a variant not normally used because of its particularity.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 45Consider the following statements about currencies concepts:1) The currency code identifies each currency that will be used into R/3 system.2) You have to define all the world's currency into R/3 system.3) Exchange rate types distinguishes the exchange rates to be considered for various purposes, such asvaluation, translation, conversion, planning, etc. Which of them is true (Note: we can have more than onecorrect sentence. Please select the sentences you think they are correct)?
A. 1
B. 2)
C. 3)
D. 1 and 2)
E. All of them.
F. 1 and 3)
Correct Answer: FSection: (none)Explanation
Explanation/Reference:
QUESTION 46Consider the following sentences:
1) A base currency can be assigned to an exchange rate type.2) To deal with exchange rate spreads, two very efficient combinations of the exchange rate tools are usinga base currency for the average rate (M) and using the exchange rate spreads to calculate the buying andselling rates (B and G).3) A base currency can be used for an average, a buying or a selling rate.4) The relations between currencies have to be maintained per exchange rate type and currency pair in thetranslation factors. Which of these combinations is true? (1)
A. 1, 3 and 4)
B. 1, 2 and 4)
C. 2, 3 and 4)
D. 1, 2 and 3)
E. 1, 2, 3 and 4
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 47Consider the following sentences about the direct quotation:1) It is also known as price notation.2) The currency value is expressed in units of the foreign currency per unit of local currency3) For direct quotation, the prefix to indicate the rate is "/".What is the correct option?
A. 1)
B. 2)
C. 3)
D. None of them.
E. All of them.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 48Consider the following sentences about the indirect quotation:
1) It is also known as volume notation.2) The currency value is expressed in the local currency per unit of foreign currency3) For indirect quotation, there is no prefix to difference between direct quotation. What is the correctoption?
A. All of them.
B. None of them.
C. 3)
D. 2)
E. 1)
Correct Answer: ESection: (none)Explanation
Explanation/Reference:
QUESTION 49What of these alternatives are considered master data (Note: we can have more than one correctsentence. Please select the sentences you think they are correct)? (4)
A. Chart of Accounts.
B. G/L Accounts.
C. Vendor.
D. Customer.
E. Asset
Correct Answer: BCDESection: (none)Explanation
Explanation/Reference:
QUESTION 50What can we define into the chart of accounts customizing transaction (OB13 transaction, Note:we can have more than one correct sentence. Please select the sentences you think they are correct)? (4)
A. Description.
B. Maintenance language.
C. Length of the company code.
D. Length of the G/L account number.
E. Blocking / unblocking chart of accounts.
Correct Answer: ABDESection: (none)Explanation
Explanation/Reference:
QUESTION 51Consider the following sentences about the chart of accounts segment:
1) It contains the Company Code, Account number and the field status group.2) Whenever you need to enter information for a company code for an account number, you have to typeagain the information related to chart of accounts segment.3) Texts can be displayed using the program "Account assignment manual"(RFSKTHOO).4) Keywords facilitate the search for account numbers.
Which of these combinations are false (Note: we can have more than one correct sentence. Please selectthe sentences you think they are correct)?
A. 1
B. 2)
C. 3)
D. 4)
E. None of them.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 52True or false?Please choose the right answer: (3)
A. Every company code that needs to use an account from the assigned chart of accounts has to createits own company code segment
B. For P+L statement accounts, the balance is carried forward to the same account.
C. In the chart of accounts segment, it is necessary to indicate whether the account will be a balancesheet or a profit + loss statement account.
D. Number intervals for G/L account master records can overlap.
E. It is not possible to influence the appearance of an account's master data.
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 53Consider the following sentences about field status:
1) Fields which are _____________can be ____________.2) Fields which have an entry that ________________can be set to _________only (even in change mode)
Which of the options below matches the blank spaces of those sentences?
A. used/suppressed for 1; must be changed/display for 2)
B. not used/suppressed for 1; must be changed/display for 2)
C. not used/optional for 1; should not be changed/suppressed for 2)
D. not used/suppressed for 1; should not be changed /display for 2)
E. used/optional for 1; must be changed/display for 2)
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 54Consider the following sentences about field status:
1) Fields which _____________can be made____________.2) Fields that can be entered, but are not required, can be set to _________entry
Which of the options below matches the blank spaces of those sentences?
A. must not have an entry/optional for 1; suppressed for 2)
B. must have an entry/suppressed for 1; suppressed for 2)
C. must have an entry/optional for 1; optional for 2)
D. must have an entry/required for 1; optional for 2)
E. must not have an entry/required for 1; optional for 2)
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 55Consider the following sentences:1) Reconciliation accounts are general ledger accounts assigned to the business partner master records torecord all transactions in the sub-ledger2) For accounts without line item display, the most important data from the posted line items is stored in aspecial index table.3) The account currency must be in the local currency.4) Items in accounts with open item management means the G/L accounts should have a offsetting postingfor a given business transaction.
Which of these are true (Please choose the correct sentence)?
A. 1 and 3)
B. 2 and 4)
C. 1 and 2)
D. 2 and 3)
E. 1 and 4)
Correct Answer: ESection: (none)Explanation
Explanation/Reference:
QUESTION 56Since the line item display takes up additional system resources, you should only use it if there is no otherway of looking at the line items. So, you should not activate the line item display for the following accounts(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect): (4)
A. P+L Statement.
B. Reconciliation.
C. Revenue.
D. Material Stock.
E. Tax.
Correct Answer: BCDESection: (none)Explanation
Explanation/Reference:
QUESTION 57Consider the following statements:
1) Accounts with open item management must have line item display activated.2) You can activate or deactivate open item management everytime, even if the account hasn't a zerobalance.3) You can select both local and foreign currencies as account currency.4) If the account is the local currency, the account can only be posted to this currency.5) When using the "Only Balances in Local Currency" indicator in the master data record, transactionfigures are only managed for amounts translated into local currency.
Which of the above statements are true (Note: we can have more than one correct sentence. Please selectthe sentences you think they are correct)? (3)
A. 1)
B. 2)
C. 3)
D. 4)
E. 5)
Correct Answer: ACESection: (none)Explanation
Explanation/Reference:
QUESTION 58True or false?Please choose the right answers (3)
A. The "Only Balances in Local Currency" indicator must not be set in reconciliation accounts forcustomers or vendors.
B. The "Only Balances in Local Currency" indicator is usually set in balance sheet accounts that are notmanaged in foreign currencies and not managed on an open item basis.
C. Accounts with a foreign currency as an account currency can be posted to any currency.
D. You can use a group chart of accounts for internal purposes.
E. The usage of a financial statement version for the group chart of accounts is optional.
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 59What is the disadvantage of using the group chart of accounts? (Please choose the correct sentence)
A. Because changes to existing G/L Accounts are effective as soon as they have been saved and couldhave extensive consequences
B. Because accounts with the account currency as local currency can only be posted to this local currency
C. Because the company codes use different operational chart of accounts, you cannot carry out cross-company code controlling.
D. Because the group chart of accounts must be assigned to each operational chart of accounts.
E. Because you must enter the group account number in the chart of accounts segment of the operationalaccount.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 60Consider the following statements:
1) You cannot use the country chart of accounts if you desire to use the cross-company code controlling.2) The disadvantage of using country chart of accounts is the accounting clerks who may be familiar withthe country chart of accounts first have to get used to using the operational chart of accounts.3) Reconciliation accounts are updated on a daily basis. Which of them are false (Please choose thecorrect sentence)?
A. 1 and 2)
B. 1 and 3)
C. 2 and 3)
D. All of them.
E. None of them.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 61Which are the segments of the SD view of the customer account master data? Note: we can have morethan one correct sentence. Please select the sentences you think they are correct) (2)
A. Client.
B. Company Code.
C. Controlling Area.
D. Sales Area.
E. Purchasing Organization.
Correct Answer: ADSection: (none)Explanation
Explanation/Reference:
QUESTION 62Which are the segments of the MM view of the customer account master data (Note: we can have morethan one correct sentence. Please select the sentences you think they are correct)? (2)
A. Client.
B. Company Code.
C. Controlling Area.
D. Sales Area.
E. Purchasing Organization
Correct Answer: AESection: (none)Explanation
Explanation/Reference:
QUESTION 63What is the segment that makes complete both customer and vendor accounts (Please choose the correctsentence)?
A. Client.
B. Company Code.
C. Controlling Area.
D. Sales Area.
E. Purchasing Organization.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 64What characteristics are configured as standard for every customer/vendor account (Note: we can havemore than one correct sentence. Please select the sentences you think they are correct)? (2)
A. Line Item Display.
B. Company Code.
C. Currency.
D. Open Item Management.
E. Purchasing Organization.
Correct Answer: AD
Section: (none)Explanation
Explanation/Reference:
QUESTION 65Consider the following statements:Which of the above statements are true (Note: we can have more than one correct sentence. Please selectthe sentences you think they are correct)? (3)
A. Number ranges for customer/vendor accounts can overlap.
B. An one-time account is a special customer/vendor master record which a company rarely do business.
C. The account group is used to control the fields displayed in the master record.
D. If you enter an alternative payer, the amount to clear the open items due in the account is paid by thealternative payer.
E. One number range can only be assigned to one account group.
Correct Answer: BCDSection: (none)Explanation
Explanation/Reference:
QUESTION 66True or false?Please choose the right statements: (3)
A. For every bank that is used in the system (for example, as a house bank or as a customer/vendorbank) you have to create a bank master record.
B. You cannot create bank master data when entering bank information in the customer or vendor masterrecord.
C. Banks that are used by your company are defined as house banks.
D. Customers that use the lockbox function can create a batch input session that automatically updatescustomer banking information in the master record.
E. Bank Account and G/L Account are the same master data object.
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 67True or false?Please choose the right statements: (3)
A. Number ranges for document numbers and account types defined for postings are defined by thedocument types
B. Document types are defined at company code level.
C. Document types also define whether invoices are posted with the net procedure.
D. The system can assign the document numbers or the user can assign the number during documententry.
E. A business transaction creates only one document.
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 68What do the posting keys specify? (4)(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)?
A. Whether the accounts are allowed for posting.
B. Whether the line items are valid for a business transaction.
C. Whether the line items contain "credit" or "debit" values.
D. Whether the line item is connected to a payment transaction or not.
E. Whether the posting is sales-relevant and the sales figure of the account is to be updated by thetransaction, for example, by the posting of a customer invoice.
Correct Answer: ACDESection: (none)Explanation
Explanation/Reference:
QUESTION 69Consider the following statements: What is the right statement(s)? (3)
A. '+' symbol represents all account types in the posting period customizing screen.
B. A company code must be assigned to a posting period variant to have the control for posting periods.
C. The maximum amounts are defined per company code in "tolerance groups".
D. It is not possible to assign tolerance groups to user logon ID'S.
E. The account interval in the posting period customizing screen can be both G/L and subledger accounts.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 70What fields of a Fl Document Header section can be changed after a document has already been posted?(2) (Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. Reference Number.
B. Header text.
C. Fiscal Year.
D. Posting date.
E. Text fields.
Correct Answer: AESection: (none)Explanation
Explanation/Reference:
QUESTION 71About the change control, what conditions below are applicable? (3) (Note: we can have more than onecorrect sentence. Please select the sentences you think they are correct)
A. The document is not a credit memo from a down payment.
B. The line item is either a debit in a customer account or a credit in a vendor account.
C. The posting period is already closed.
D. The document is a credit memo for an invoice.
E. The line item is not yet cleared.
Correct Answer: ABESection: (none)Explanation
Explanation/Reference:
QUESTION 72What are the prerequisites to enable negative postings? (3) (Note: we can have more than one correctsentence. Please select the sentences you think they are correct)
A. You have to define the document type that explicitly allows negative postings.
B. You have to define reversal reasons for negative reversal.
C. You have to reset cleared items.
D. You have to ensure company code permits negative postings. You have to use cleared items.
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 73What is the purpose of the terms of payment? (Please choose the correct sentence)
A. Define the baseline date.
B. Enable the cross-company code transactions.
C. Calculate a cash discount and invoice due date.
D. Calculate only the required conditions for SD invoices
E. Calculate the tax amounts.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 74Consider the following statements:Which of the statements is false (Please choose the correct sentence)?
A. The account type field in terms of payment basic data screen should be defined separately, to preventany done change in the term of payment.
B. Terms of payments are copied from invoice to credit memos when they are linked to.
C. Inserting a "V" in the invoice reference field during document entry means the terms of payment areactivated in the non-invoice-related credit memos.
D. The day limits define the dates of the cash discount periods.
E. The system cannot define the splitment of an installment payment, at least you define it in the terms ofpayment.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 75True or false?Please choose the right answers: (2)
A. A tax calculation procedure is assigned to every company code for carrying out tax calculations.
B. If you desire to post manual tax postings, you have to flag the "Post Automatically Only" field of theaccount master record.
C. A jurisdiction code is a combination of the codes of tax authorities that tax movements of goods anduse their own tax rates.
D. SAP supports tax on sales and purchases, US sales tax, additional taxes and withholding tax as taxsystems for different countries
E. Only national level of taxation is allowed in the R/3 system.
Correct Answer: CDSection: (none)Explanation
Explanation/Reference:
QUESTION 76What are the examples of cross-company code transactions in the R/3 system? (3) (Note: we can havemore than one correct sentence. Please select the sentences you think they are correct)
A. One company code makes purchases for other company codes (Central Procurement).
B. One company code sells goods to other company codes.
C. One company code pays invoices for other company codes (Central Payment).
D. One company code transfers CO postings to other company codes.
E. One company code sends HR salary expenses to other company codes.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 77Consider the following statements:Which of the statements are true (Note: we can have more than one correct sentence. Please select thesentences you think they are correct)? (2)
A. "Posting with clearing" function can be carried out for several accounts, account types and for anycurrency simultaneously.
B. Open items are incomplete transactions, such as invoices that have not been paid.
C. Items with withholding tax can be cleared for the automatic clearing program.
D. You can only carry out the "posting with clearing" transaction manually.
E. Documents with open items can be archived.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 78What are the three types of tolerances in the Fl component of the R/3 system (Please choose the correctsentence)?
A. Company Code Groups, G/L Account tolerance groups and Customer/Vendor tolerance groups.
B. Employee tolerance groups, G/L Account tolerance groups and Customer/Vendor tolerance groups.
C. Employee tolerance groups, Assets tolerance groups and Customer/Vendor tolerance groups.
D. Company Code Groups, Employee tolerance groups and Customer/Vendor tolerance groups.
E. Employee tolerance groups, Material Stock tolerance groups and Customer/Vendor tolerance groups
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 79True or false?Please choose the right answers (4)
A. The system doesn't post the exchange rates differences as realized gains or losses.
B. When the payment has been posted as a partial payment, all the documents remain in the account asopen items.
C. When the payment has been posted as a residual payment, only the residual value remains in theaccount and the original document and the payment are cleared.
D. Realized exchange rate difference is the considered rate when an open item is cleared.
E. G/L accounts must be defined for exchange rate losses or gains.
Correct Answer: BCDESection: (none)Explanation
Explanation/Reference:
QUESTION 80Which of them are valid business transaction types for cash journal? (4) (Note: we can have more than onecorrect sentence. Please select the sentences you think they are correct)
A. Revenue.
B. Dunning
C. Expense.
D. Customer Incoming/Outgoing payments
E. Vendor Incoming/Outgoing payments Cash transfer.
Correct Answer: ACDESection: (none)Explanation
Explanation/Reference:
QUESTION 81What are the four steps of the automatic payment process? (Please choose the correct sentence)
A. Approve and/or modify payments, generate proposal run, start payment run and schedule print.
B. Maintain parameters, generate proposal run, start payment run and schedule print.
C. Maintain parameters, start payment run, post payment documents and schedule print.
D. Select open invoices, maintain parameters, post payment documents and start payment run.
E. Select open invoices, approve and/or modify payments, post payment documents and print paymentmedia
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 82What can we define for the "All Company Codes" section, in the payment program configuration? (5) (Note:we can have more than one correct sentence. Please select the sentences you think they are correct)
A. Salary payments also for another Company code
B. Cash discount.
C. Intercompany payment relationships.
D. The company code(s) that process payments.
E. The customer and vendor transactions to be processed.
F. Tolerances days for payments.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: B,C,D,E,F
QUESTION 83What is a sending company code? (Please choose the correct sentence)
A. It is a company code that receives only actual data from the receiver company code.
B. It is a company code that sends only planned data to the receiver company code.
C. It is a company code that passes the responsibility for processing the outgoing payments to anothercompany code.
D. It is a company code that is responsible for processing the outgoing payments,
E. It is a company code that has many plants.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 84What can we define for the "Paying Company Codes" section, in the payment program configuration? (3)(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. Intercompany payment relationships.
B. Bill of exchange specifications.
C. Minimum amounts for incoming and outgoing payments.
D. Tolerances days for payments.
E. Forms for payment advice and EDI.
Correct Answer: BCESection: (none)Explanation
Explanation/Reference:
QUESTION 85What can we define for the "Payment Method / Country" section, in the payment program configuration? (4)(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. Define the master record requirements, i.e. address required, for each payment method.
B. Document types to be used for posting and clearing documents for each payment method.Define the permitted currencies for each payment method.
C. Define payment methods (check, bank transfer, etc.) for each country.
D. Forms for payment advice and EDI.
Correct Answer: ABCDSection: (none)Explanation
Explanation/Reference:
QUESTION 86What can we define for the "Payment Method / Company Code" section, in the payment programconfiguration? (5) (Note: we can have more than one correct sentence. Please select the sentences youthink they are correct)
A. Bank optimization.
B. Minimum and maximum payment amounts.
C. Forms for payment media.
D. Whether payments abroad and foreign currencies are allowed.
E. Grouping options.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 87About the dunning program configuration, what controls how dunning is carried out (Please choose thecorrect sentence)?
A. Company Code.
B. Customer master record.
C. Dunning procedure.
D. Dunning texts.
E. Sales Organization.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 88What can we say about "Bank selection" section, value date field, in the payment program configuration?(2) (Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. Used with the Currencies.
B. Used with cash management and forecast.
C. The offset account to the sub ledger posting.
D. The number of days until value date plus the posting date.
E. Define the permitted currencies for each payment method.
Correct Answer: BDSection: (none)Explanation
Explanation/Reference:
QUESTION 89What can we define for "Bank selection" section, accounts and amounts, in the payment programconfiguration? (3) (Note: we can have more than one correct sentence. Please select the sentences youthink they are correct)
A. Available funds in each bank.
B. Used with cash management and forecast.
C. The offset account to the sub ledger posting.
D. Clearing accounts for bills of exchange.
E. Used with the Currencies.
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 90What can we say about "Bank selection" section, charges, in the payment program configuration? (3)(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. Used with bills of exchange.
B. Additional automatic posting configuration.
C. The number of days until value date plus the posting date.
D. Assess additional bank charges for incoming and outgoing payments.
E. Define the permitted currencies for each payment method.
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 91Consider the following statements:Which of the following options is correct? (2)
A. The payment block can be in: Payment term, Vendor/Customer master data and Invoices.
B. Invoices that match the specified payment parameters but, for some reason, cannot be paid are listedin the exception list.
C. In the proposal run, payments and related postings such as those for tax, tax adjustments, exchangerate differences or cash discount are posted automatically.
D. DME means Document Medium Exchange.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 92True or false?Please choose the correct Answers (4)
A. A payment method can be used only if it is entered in the account master record.
B. The payment proposal can be edited, deleted and recreated as often as necessary
C. All the company codes in the payment run parameters must be in the same country.
D. The exception list is part of the payment proposal.
E. If you are using check management, you have to use check lots to print checks.
Correct Answer: BCDESection: (none)Explanation
Explanation/Reference:
QUESTION 93Consider the following statements:Which of the following options is correct?
A. You cannot schedule an automatic payment program.
B. The debit balance check can be carried out after a payment proposal has been created.
C. When using the Payment Medium Workbench (PMW), the note to payee can be freely defined inCustomizing
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 94What of the following options we can define for each duning Procedure, in the dunning programconfiguration? (3) (Note: we can have more than one correct sentence. Please select the sentences youthink they are correct)
A. Grace periods per line item.
B. Key for the dunning procedure to be used.
C. Currencies.
D. Interest calculator indicator for calculation of dunning interest.
E. Bill of exchange account.
Correct Answer: ABD
Section: (none)Explanation
Explanation/Reference:
QUESTION 95What of the following options we can define for each duning Levels, in the dunning program configuration?(3) (Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. Minimum number of days, referring to the due date of net payment, to reach a certain dunning level
B. Key for the dunning procedure to be used.
C. If interest is to be calculated.
D. Interest calculator indicator for calculation of dunning interest.
E. Print parameters.
Correct Answer: ACESection: (none)Explanation
Explanation/Reference:
QUESTION 96What of the following options we can define for Expenses/Charges, in the dunning program configuration?(2) (Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. A minimum amount for the dunning charges can be set.
B. Key for the dunning procedure to be used.
C. If interest is to be calculated.
D. Dunning charges, depending on the dunning level.
E. Print parameters.
Correct Answer: ADSection: (none)Explanation
Explanation/Reference:
QUESTION 97True or false?Please choose the correct answers (3)
A. Customers without dunning procedure in the master record are dunned with a default dunningprocedure
B. If dunning areas are not used, dunning is performed at the company code level.
C. It is possible to dun vendors as well as customers.
D. The "run date" is always the date when a certain dunning run is supposed to be started.
E. The parameters specify the accounts and documents that are to be considered in the dunning run.
Correct Answer: BCESection: (none)Explanation
Explanation/Reference:
QUESTION 98True or false?Please choose the correct answers (2)
A. The payment terms of a credit memo usually do not apply, and the due date is either the due date ofthe associated invoice or the baseline date of the document.
B. Every dunning procedure must have at least four dunning levels.
C. An account is only dunned if all the overdue items have exceeded the minimum days in arrears.
D. The dunning run updates the dunning data in the dunned items and accounts.
E. A dunning notice is only sent if the dunning data has changed since the last dunning run or if "Alwaysdun?" is selected.
Correct Answer: AESection: (none)Explanation
Explanation/Reference:
QUESTION 99True or false?Please choose the correct answers (3)
A. There are two types of interest calculation in SAP R/3: account balance and interest on arrears.
B. Account balance interest calculation is applied to individual items in accounts receivable or accountspayable.
C. Account master data must contain an interest calculation indicator for interest calculation to take place.
D. On a given account, SAP R/3 cannot calculate different interest rates based on the amounts ofbalances or items.
E. You can configure SAP R/3 to calculate interest for customers or vendors that owe you money.You cannot calculate interest, however, if you owe your business partner money.
Correct Answer: ACESection: (none)Explanation
Explanation/Reference:
QUESTION 100Consider the following statement about Correspondence:
A______ <1>______represents a type of letter in the system. Each______<1> has acorresponding_____<2>_____. Each_____<2> has a selection variant. Each_____<3>_____is assigned aSAPScriptform.
Please choose the option that substitutes <1>, <2> and <3>, respectively:
A. correspondence, correspondence type, print program.
B. correspondence type, SAP Script form, print program.
C. print program, program, correspondence type.
D. correspondence type, print program, program.
E. program, print program, correspondence type.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 101True or false?Please choose the correct answers (3)
A. You can void a check without reversing the payment document.
B. You can void a check and reverse the payment document at the same time.
C. You can void a check and reverse the payment document and the vendor invoice all at the same time.
D. You have to maintain customer bank details manually in the master record to ensure that as manyincoming payments are assigned as possible.
E. You can define as many financial statement versions as you need to prepare reports according tovarious criteria, for example, for tax authorities, for other external users and for internal purposes.
Correct Answer: ABESection: (none)Explanation
Explanation/Reference:
QUESTION 102Consider the following statements:Which of the statements are false (Note: we can have more than one correct sentence. Please select thesentences you think they are correct)? (2)
A. Balance confirmations are done at the beginning of the fiscal year.
B. You carry out the foreign currency valuation after you have created the financial statements.
C. You can use SAPF100 report to regroup and sort the receivables and payables.
D. You enter individual value adjustments (IVA) as a special G/L transaction E.
E. You can use the SAPF107 program ("Additional valuations") to carry out a flat-rate individual valueadjustment.
Correct Answer: BCSection: (none)Explanation
Explanation/Reference:
QUESTION 103Consider the following statements:
1) The profit and loss statement can be created using two types of accounting: ____<1> ____and____<2>______.2) In____<1> ____ the total output of a period and the total costs of this period are summarized3) In____<2>____ the sales revenue for a period and the sales costs of the period are summarized4) You can derive the____<3>____via a substitution rule, if it cannot be entered in the master data.
Please choose the option that substitutes <1>, <2> and <3>, respectively:
A. cost of sales accounting, functional area, period accounting
B. functional area, period accounting, cost of sales accounting
C. period accounting, cost of sales accounting, functional area
D. functional area, cost of sales accounting, period accounting
E. period accounting, functional area, cost of sales accounting
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 104What is the intention when we create accruals (Please choose the correct option)? (1)
A. It means the expense/revenue were posted to the current period on receipt/issue of an invoice, buteconomically they belong, at least partially, in a future period.
B. It means the expense/revenue belong in the current period and are only posted to a subsequent periodonce an invoice has been received or issued.
C. It means the payment won't never occur.
D. It means it is a special G/L transaction.
E. It means it is a normal Fl Document (document type SA).
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 105Consider the following sentences:Which of the sentences is false (Please choose the correct option)?
A. The Accrual Engine is a generic tool for calculating and creating accrual postings.
B. One of the disadvantages of being using the Accrual Engine is that you can make periodic accrualspostings automatically as performance optimized mass data processing using an accrual run.
C. You have to create deferrals when an expense or revenue is posted in the current period, but isincurred or earned partly or completely in the future.
D. The purpose of the account determination in the Accrual Engine is: determine the document type, thedebit account and the credut account.
E. One of the benefits provided by the Schedule Manager is the closing process is more transparent andeasier to handle.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 106Consider the following statements:1) It is the highest reporting level for profitability and sales and marketing controlling, and the centralorganizational unit in Profitability Analysis (CO-PA) used to segment and structure the market.2) It is used to break an organization down according to production, procurement and other considerations.3) It represents a particular level of operations and managerial area and you can generate balance sheetsand profit and loss statements on the basis of it.What are they related to:
A. Controlling Area, Company Code and Business Area, respectively.
B. Profitability Analysis Code, Company Code and Plant, respectively.
C. Operating Concern, Company Code and Plant, respectively.
D. Controlling Area, Plant and Business Area, respectively.
E. Operating Concern, Plant and Business Area, respectively.
Correct Answer: ESection: (none)Explanation
Explanation/Reference:
QUESTION 107Consider the following statements:Which of the following options is correct? (2)
A. Controlling areas are organizational units within a company where cost accounting is performed.
B. A controlling area cannot contain more than one company code.
C. The company codes assigned to a controlling area must all use the same operational chart of accounts
Correct Answer: ACSection: (none)Explanation
Explanation/Reference:
QUESTION 108Consider the following statements:1) The controlling area currency must be the same as the company code currency.2) The fiscal year variants of a controlling area and company code can have different numbers of specialperiods. They must, however, have the same number of posting periods.3) The controlling area and company codes may have different currencies.4) The currency in which a document is posted to CO is the transaction currency.
Which of the following options applies to when the CONTROLLING AREA IS THE SAME AS THECOMPANY CODE and when IT IS CROSS-COMPANY CODE cost accounting, respectively (Pleasechoose the correct option)?
A. 1, 2 and 4; 3)
B. 1, 2 and 4; 2, 3 and 4)
C. 1 and 4; 2 and 3)
D. 1 and 2; 3 and 4)
E. 2 and 4; 1 and 3)
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 109Consider the following statement: "It contains information that remains the same over a long period oftime". It is:
A. Logical Database.
B. Fl Document.
C. Activity Al I o c ati o n.
D. Master Data.
E. Reconciliation Ledger.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 110Consider the following statements:Which of the sentences is true (Please choose the correct option)?
A. Secondary cost elements area used in production that are produced from outside the company.
B. Cost elements are indicators, used as a basis for allocations and for performing key figure analysis
C. Cost centers are the organizational units that incur and influence costs.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 111Consider the following statements (Report Painter)
1)____<1>____are numeric fields that you can evaluate in a report.2)____<2>____are fields that display criteria that you used in the data selection.3)____<3>____consist of a key figure and one or more characteristics.4) All of the reports are kept in____<4>____.
Please choose the option that substitutes <1>, <2>, <3> and <4>, respectively:
A. key figures, predefined columns, system libraries and characteristics.
B. predefined columns, key figures, system libraries and characteristics.
C. predefined columns, characteristics, key figures, and system libraries
D. key figures, characteristics, predefined columns and system libraries.
E. characteristics, key figures, predefined columns and system libraries.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 112What can we say about Internal Orders? (4)(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. They can be used as internal cost objects.
B. They can be settled to another cost objects.
C. They can be real or statistical.
D. They must have an associated order type.
E. They cannot be organized by groups.
Correct Answer: ABCDSection: (none)Explanation
Explanation/Reference:
QUESTION 113What are the techniques related to Planning scope on Internal Orders? (4) (Note: we can have more thanone correct sentence. Please select the sentences you think they are correct)?
A. Overall planning.
B. Budgeting.
C. Primary and secondary costs and revenues.
D. Unit costing.
E. Statistical key figures.
Correct Answer: ACDESection: (none)Explanation
Explanation/Reference:
QUESTION 114Profitability Management is related to which SAP R/3 specific module? (Please choose the correct option)
A. Financial Accounting.
B. Materials Management.
C. Controlling.
D. Enterprise Controlling.
E. Sales & Distribution.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 115(EC-PCA) What of the following items can be transferred online in realtime? (3) (Note: we can have morethan one correct sentence. Please select the sentences you think they are correct)
A. asset values.
B. payables/receivables.
C. balance carry forward.
D. work in process.
E. material stocks.
Correct Answer: ADESection: (none)Explanation
Explanation/Reference:
QUESTION 116Consider the following sentences and choose the correct option:
A. All transactions carried out during a period are stored with a date weighting in the average balanceledger.
B. The opening balance is taken from the average balance ledger "8A".
C. The average balance ledger (8Z) contains both weighted transactions by period and by company code.
D. A transfer price is a price used to plan the transfer of goods and services that should be occur betweenindependent organizational units
E. The assignment of a Report Painter/Report Writer to a library is optional.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 117What are the functions integrated in the Schedule Manager? (4) (Note: we can have more than one correctsentence. Please select the sentences you think they are correct)
A. Error correction and Restart.
B. Various ways for starting jobs.
C. Dependencies.
D. Documentation integrated into the system.
E. Uniform Error Analysis.
Correct Answer: ACDESection: (none)Explanation
Explanation/Reference:
QUESTION 118What are the advantages of using the Schedule Manager during the period-end closing processes? (4)(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. Changes not recognized or active immediately.
B. Changes are immediately visible and effective.
C. Access is available to everyone with authorization.
D. The system executes settlement.
E. Documentation ad flow for period-end closing are centrally integrated in the R/3 system.
Correct Answer: BCDESection: (none)Explanation
Explanation/Reference:
QUESTION 119What is the intention of a task list? (1)
A. It is intended to group all work to be done.
B. It is intended to be restricted to the financial manager.
C. It is intended to make the user forget the transaction codes.
D. It is intended only to collect several jobs.
E. It is intended to be self-documented.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 120What are the four task types? (4)
(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. Create transaction code.
B. Notes.
C. Transactions.
D. Programs with variant.
E. Flow definition.
Correct Answer: BCDESection: (none)Explanation
Explanation/Reference:
QUESTION 121What does the monitor provide? (4)(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. The access to messages and result lists.
B. The visualization of both entire technical and business information.
C. The opportunity to postpone someone's tasks.
D. The opportunity to view the work of colleagues and the processing sequence, as well as the technicaland business status of every task
E. The ability to monitor the total progress of period-end closing when the user uses more than one tasklist.
Correct Answer: ABDESection: (none)Explanation
Explanation/Reference:
QUESTION 122What do the flow definitions provide? (2)(Note: we can have more than one correct sentence. Please select the sentences you think they arecorrect)
A. To define dependencies via external tools.
B. To execute it only when the system is online.
C. To define a fixed sequence of jobs that is integrated in the R/3 system.
D. To allow the user a way for changing period-end closing data.
E. To send mails to colleagues at defined times.
Correct Answer: CESection: (none)Explanation
Explanation/Reference:
QUESTION 123CORRECT TEXT
---------------------------require a separate asset class and corresponding G/L account, because they have tobe shown separately in the balance sheet
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: asset under construction
QUESTION 124SAP provides model charts of depreciation for many countries but we can also define our own chart ofdepreciation (by copying and changing)
A. Yes
B. No
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 125CORRECT TEXT
The depreciation attributes for the assets choose to be specified by the system
O Are changeableO Are not changeable
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:
QUESTION 126The depreciation (costing-based) from each depreciation area in Cost Accounting can be postedto: (Two options are correct)
A. a cost center and a statistical WBS element ?,a Real Estate object,? objects from PSM (Public SectorManagement)
B. cost center,? a (real) order,? a cost center and a statistical order,?WBSelement
C. cost center.a real and statistical order.two different cost centers,WBS element
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 127A valuation section of ASSET CLASS consists with control parameters and default values for valuation anddepreciation terms
A. Flase
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 128CORRECT TEXT
----------------are the most important means of structuring fixed assets according to the requirements of yourenterprise
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: Asset classes
QUESTION 129Possible maintenance levels are
A. Main asset number
B. Asset class
C. sub number
D. sub asset number
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 130If we have several similar asset classes, we can use different account determination keys for them,although their values are all updated to a single balance sheet account.
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 131Depreciation areas are created in SAP R/3 to manage different?
A. Valuation approaches
B. Assets Depreciation
C. terms
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 132What are the depreciation terms that are mainly used as additional parameters in the cost- accountingdepreciation area?
A. scrap value
B. index
C. variable depreciation portion
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 133The master data section of ASSET CLASS consists with control data and default values for theadministrative data in the asset master record
A. Yes
B. No
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 134When is a company code available for use by Asset Accounting.check all the options that make thecompany code available for AA.
A. Add the asset classes to asset master records
B. Assign the chart of depreciation to the company code
C. The company codes must be set up in Financial Accounting first
D. Create the depreciation areas in chart of depreciation
E. The necessary data for asset accounting is added to the company code
Correct Answer: BCESection: (none)Explanation
Explanation/Reference:
QUESTION 135Choose the correct sentences....
A. If the depreciation attributes are specified by the system, they are not changeable
B. Several charts of depreciation can also be assigned to an asset class
C. Various company codes can be assigned to the chart of depreciation
D. The sample chart of accounts provided by SAP cannot be adapted to meet your own requirements.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 136The depreciation areas are defined with---------------numeric key. This numeric keys represent depreciationterms that you can enter in the---------------or in the------------------.
A. 2 digit numeric key.asset master record or asset classes
B. 3 digit numeric key.general ledger or asset classes
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 137What depreciation key is used to ensure that depreciation is not calculated for assets under construction indepreciation areas for the balance sheet?
A. 2000
B. 0000
C. 1000
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 138It is possible to assign an asset to two cost centers
A. Yes
B. No
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 139Several asset classes can use the same account determination key if they use the same chart of accountsand post to the same G/L accounts.
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 140CORRECT TEXT
If we use different--------------- we need only one--------------to post asset values of all asset classes todifferent accounts in the different charts of accounts.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: chart of accounts, account determination key
QUESTION 141Reason for not making integrated postings:
A. The asset has already been delivered but the invoice has not
B. The invoice arrived before the asset
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 142CORRECT TEXT
The---------------------controls which field contents of an asset area can be copied when that asset is used asa reference for creating a new asset master record.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: reference indicator
QUESTION 143Asset classes are created at------------level. They are then assigned to at least one chart of----------- -----Theasset class consists of a-------------section and a---------section.
A. company code level, chart of accounts, general data section and master data section
B. client level, chart of depreciation .master data section and depreciation area section
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 144What is the quickest option of creating new asset classes?
A. creation of new asset classes by copying it from the existing asset classes
B. generation of new asset classes from GL accounts
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 145Can we suppress individual depreciation areas in each asset class?
A. No
B. Yes
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 146Choose the correct from the following....
A. It is recommended that you define as many asset classes as you have assets with different types ofvaluation
B. When you create asset master records, this data is automatically adopted from the asset class youspecify
C. Before creating asset classes you should design your asset class catalog and ensure that the relevantG/L accounts exist in Fl
D. The asset class is a selection criterion in all standard reports in FI-AA.
Correct Answer: ABCDSection: (none)Explanation
Explanation/Reference:
QUESTION 147CORRECT TEXT
The----------------specifies the master data level at which each field can be maintained.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: Maintenance level
QUESTION 148CORRECT TEXT
The--------------specifies which input fields are displayed in the asset master record,
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: screen layout
QUESTION 149Other depreciation areas may show different valuation approaches: choose the right valuations from below
A. Country-specific valuation (for example, net-worth tax, state calculation)
B. Values or depreciation that differ from area 01
C. Book depreciation in group currency
D. Difference between book and country-specific tax-based depreciation
E. Consolidated versions in company code or group currency
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 150In the master record, you can assign the following (original) Cost Accounting objects to an asset:
A. Profit center
B. Activity type
C. Internal order(Real or statistical)
D. Cost center
Correct Answer: BCD
Section: (none)Explanation
Explanation/Reference:
QUESTION 151We can modify the chart of depreciation to fit our requirements (for example, global, industry- specific, orcountry-specific)
A. No
B. Yes
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 152The asset class definitions apply to all company codes in a client
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 153What are the fields that can be used as selection criteria in reporting from the below given options.
A. Evaluation groups: These are asset master data fields for which the user can specify use and meaning.
B. Reason for investment: In this master record field, you can enter a reason for the investment
C. Environmental protection indicator: Here you can enter a measure taken to comply with environmentalprotection laws
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 154CORRECT TEXT
Several asset classes can use the same account determination key if they use the same------------- -----------and post to the same-----------------.
A.
B.
C.
D.
Correct Answer: Section: (none)
Explanation
Explanation/Reference:Answer: chart of accounts.gl accounts
QUESTION 155What are screen layout rules that SAP system supplies in the standard system.
A. 3000
B. 2000
C. 4000
D. 1000
Correct Answer: BDSection: (none)Explanation
Explanation/Reference:
QUESTION 156Each company code uses how many chart of accounts and chart of depreciation
A. one chart of accounts and one chart of depreciation
B. mutiple chart of accounts and one chart of depreciation
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 157CORRECT TEXT
Transaction types are used with every postings.They identify----------------, -----------and
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: acquisitions, retirements and transfers
QUESTION 158Important List Viewer function
A. Calculating totals or subtotals
B. Setting filters
C. Deleting and inserting columns
D. Arranging the values in columns in ascending or descending order
E. Using layouts to save an individual report structure
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 159Possible reasons for intracompany code transfers:
A. The asset needs to be split
B. A master record has been created and posted to in the wrong class.
C. Stock material (goods created by your enterprise or bought in) needs to be transferred to an asset.
D. The asset has changed location
Correct Answer: ABCDSection: (none)Explanation
Explanation/Reference:
QUESTION 160CORRECT TEXT
The---------------------determines the depreciation start date of the asset. This date is determined for eachdepreciation area by the period control method of the depreciation key.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: asset value date
QUESTION 161If the company codes are assigned to different charts of depreciation, the charts of depreciation cancontain different depreciation areas (different keys) with the same actual functions
A. There is no need to define cross-company depreciation areas
B. In this case we can define cross-company depreciation areas
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 162After we have manually planned depreciation, the system will not create an Fl document immediately. Thisdocument is not generated until the depreciation posting program is run.
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 163In the case of an intercompany transfer, one must differentiate between the following:
A. Whether it is a transfer within a legal, independent unit (within a company)
B. Whether it is a transfer between legally independent organizational units (company codes), eachbelonging to a different company.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 164According to the "Asset Explorer" which statements described below are true.
A. The Asset Explorer contains all of the functions of the asset value display, as well as the option ofsimulating alternative depreciation terms or transactions.
B. You can display planned values, book values and transactions directly in the Asset Explorer in a printpreview format, and you can print and export this information.
C. Even the asset value display transaction (=>AW01) brings you directly to the Asset Explorer
D. In the Asset Explorer, depreciation areas are displayed in an overview tree, from which they can beselected
Correct Answer: ABCDSection: (none)Explanation
Explanation/Reference:
QUESTION 165A sort version consists of a maximum of--------sort levels which are determined via ABAP Dictionary fields.
A. I I two
B. three
C. five
D. four
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 166---------------------allows you to take fluctuations in activity into account for the depreciation calculation. Itmakes the amount of depreciation dependent upon seasonal usage of the asset
A. Unit-of-production depreciation
B. Special depreciation
C. Unplanned depreciation
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 167CORRECT TEXT
The asset history sheet reports and other FI-AA reports use the ______to identify the different kinds oftransactions and display them separately
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: transaction type
QUESTION 168CORRECT TEXT
The depreciation posting program_______.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: RAPOST2000
QUESTION 169CORRECT TEXT
The transaction types for transfer postings to source and target assets are determined using the--- ------.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:
Answer: transfer variant
QUESTION 170CORRECT TEXT
Transfers within a company code is called
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: intracompany transfers
QUESTION 171The standard system uses transfer variant - for intracompany transfers.
A. 3
B. 4
C. 0
D. 1
E. 5
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 172New Depreciation calculation on the basis of period intervals
A. If there is a transaction, the reference value also changes and other periods are used in the calculation(depending on the period control).
B. Examines how long the same reference value (for example.purchase value or net book value of anasset) can be assumed to be valid within a fiscal year.
C. The New Depreciation Engine does, in principle, enable a more precise calculation.
D. If there is no transaction for the asset, the depreciation calculation has the same reference value for theentire year and it is calculated with precisely one period interval
Correct Answer: ABCDSection: (none)Explanation
Explanation/Reference:
QUESTION 173If we want to plan primary costs on a cost center basis,
A. we have to periodically determine planned depreciation and interest and pass these on to primary costplanning in the CO system via a report.
B. can also use the Schedule Manager in FI-AA to define, schedule, process, and control periodicallyrecurring processes
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 174CORRECT TEXT
Investment support is a subsidy that a company receives for certain asset investments. Assets that areeligible for such a subsidy are marked in the asset master records with an _________.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: investment support key
QUESTION 175CORRECT TEXT
The report trees were then replaced by_____.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: area menus
QUESTION 176CORRECT TEXT
When you post the acquisition integrated with Accounts Payable (FI-AP), the system automatically entersthe vendor in the-------------field of the asset master record.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: origin data
QUESTION 177Asset Retirements have both integrated and non integrated postings
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 178Steps for executing validations or substitutions
A. callup point
B. allocation
C. definition
D. Application area
E. activation
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 179CORRECT TEXT
Transfers between different company codes is called______.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: intercompany transfers
QUESTION 180What are the elements that are available to enter rules for the prerequisites (validation & substitution) andchecks (validation):
A. Logical Operators(boolean terms)
B. Comparison operators
C. Operands
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 181The-------------------------is the most important and most comprehensive year-end report or intermediatereport
A. asset history sheet
B. asset spread sheet
C. annual fixed asset report
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 182By the automatic calculation of depreciation using depreciation keys, we can plan manual depreciation forindividual assets in FI-AA
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 183The fields that can be used for your validation/substitutions are specified in
A. callup point
B. Area of application
C. Rule manager
D. Boolean logic
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 184"------------------------------" is the capitalization of goods or services that are partially or completely producedin your own enterprise
A. Capitalization of inhouse production
B. external capitalization
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 185
The year-end closing program then checks whether:
A. Depreciation and asset values are posted in full
B. Assets contain errors or are incomplete
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 186Preparation for year-end closing:(one or more options are true)
A. If you change any depreciation values, you must run depreciation posting again.
B. Once depreciation has been posted in FI-AA and Fl, a balance sheet and profit and loss statement canbe created.
C. If an area posts APC values to the general ledger periodically, you will need to run report RAPERPOOfor periodic posting
D. After the depreciation lists and asset history sheet have been checked, depreciation is posted.
E. If the final result is not satisfactory, you can carry out depreciation simulation or (bulk) changes, ormake adjustment postings.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 187Using depreciation posting program RAPOST2uuu:we can post ?
A. Imputed interest
B. Unplanned depreciation
C. Tax depreciation
D. Ordinary depreciation
E. Revaluation of APC or of accumulated depreciation
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 188At the Complete document callup point. We can use numeric fields as well as alpha numeric fields withwhich we can primarily execute mathematical calculations.
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 189CORRECT TEXT
If you want to display the depreciation with alternative depreciation terms for several assets.Which object do you need to use?
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A simulation version
QUESTION 190CORRECT TEXT
All transaction types assigned to this...................... can only be used for assets belonging to the appropriateclass.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: transaction type group
QUESTION 191CORRECT TEXT
The area menu for reporting is called - Information System Asset Accounting
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:
QUESTION 192The following information is automatically set in the asset master record at the time of the first acquisitionposting:
A. Date of asset capitalization
B. Default values for the asset value date for each type of accounting transaction
C. Date of initial acquisition in the relevant master record
D. Acquisition year and acquisition period
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 193An asset acquisition with MM integration as the following activities: purchase requisition, purchase order,goods receipt, invoice receipt, and creation of an asset
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 194According to Replacement Values: Index (one or more options may be true)
A. An indexed revaluation can also be calculated for accumulated depreciation and imputed interest
B. Only year-dependent index classes are used.
C. The index series must be assigned to an index class
D. You enter the index series in the asset or in the asset class.
Correct Answer: ABCDSection: (none)Explanation
Explanation/Reference:
QUESTION 195Gallup points that have been provided for FI:(one or more options)
A. Document line item
B. Complete Document
C. Document header
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 196The combination of application area and callup point? determines the Boolean class for a validation.substitution, or rule
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 197CORRECT TEXT
The fiscal year change program opens new.........................for each asset
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: annual value fields
QUESTION 198CORRECT TEXT
The transfer from the under-construction phase to completed asset is referred to hereas....................................................
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: capitalization of the asset under construction
QUESTION 199Individual depreciation calculation methods: one or more options are true
A. Declining-balance methods
B. Base method
C. Multilevel methods
D. Maximum amount methods
E. Period control methods
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 200Is it possible to make non-integrated acquisition postings for several assets at once?
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 201The detail list of the calculation methods assigned to a depreciation key can be called directly from (one ormore can be true)
A. Transcation code AFAMA
B. Asset master record
C. Asset Explorer
D. Transcation code AFAMF
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 202Which application areas use both validations and substitutions;
A. Financial accounting)
B. CS(Consolidations)
C. PC(profit center accounting)
D. CO(cost accounting)
E. PS(Project systems)
Correct Answer: ADESection: (none)Explanation
Explanation/Reference:
QUESTION 203Cross-company depreciation areas: check the below statements that are true
A. You can assign depreciation areas from different charts of depreciation to the same cross- companydepreciation area.
B. define a cross-company depreciation area for all other depreciation areas that are transferred, even ifthe depreciation area keys are not the same or same.
C. Cross-company depreciation areas do not have their own control parameters.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 204
CORRECT TEXTThe program-------------------directly posts to the G/L accounts and additional account assignment objects
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: RAPOST2000
QUESTION 205You can manage the under construction phase in FI-AA in the following ways
A. As an asset master record with line item management.
B. As a normal asset master record (for summary settlement).
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 206The system supports the following direct types of depreciation
A. Unplanned depreciation
B. Ordinary depreciation
C. special depreciation
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 207What is external acquisition?
A. Acquisition of an asset from business partner
B. The capitalization of goods or services that are partially or completely produced in your own enterprise
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 208The invoice arrived before the asset and asset has already been delivered but the invoice has not are thereasons for what?
A. Reasons for not making integrated postings(non-integrated posting)
B. Reasons for making integrated postings(integrated postings)
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 209According to Depreciation area: which of the following statements are true
A. can define per depreciation area how to post the asset balance sheet values and depreciation to thegeneral ledger accounts
B. Depreciation areas are identified in the system by a two-character numeric key
C. can also define depreciation areas for reporting reasons only.
D. can calculate different values in a depreciation area for a specific purpose
E. can define for each depreciation area how posting values and depreciation terms should be transferredto other areas.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 210CORRECT TEXT
Calculation methods replace the internal calculation key of the
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: depreciation key
QUESTION 211There are different ways of posting retirements:
A. With or without revenue (scrapping)
B. As full or partial retirement
C. With or without customer
D. As mass retirement
E. As retirement of several assets
F. With or without vendor (non-integrated)
Correct Answer: Section: (none)Explanation
Explanation/Reference:
Answer: A,B,C,D,E
QUESTION 212Important ALV functions
A. Its user-friendly characteristics support the dynamic creation of layouts.
B. There is a new graphical design, which makes it even simpler to process and display lists and reportsusing the List Viewer grid control.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 213CORRECT TEXT
Establish the dimensions that can be used in the definition of validations, substitutions, and rules
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: Boolean classes or boolean classes or boolean class
QUESTION 214A validation/substitution can be valid for several company codes at the same time
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 215According to the Aseet Explorer:
A. You cannot start reports from within the Asset Explorer
B. With have to back to the Asset value display to use the Asset Explorer to create a preview of how thevalues for individual assets will develop by means of simulated transactions and/or simulateddepreciation terms.
C. The Asset Explorer offers extensive possibilities for evaluating individual asset master records.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 216The transaction type specifies which of the following are updated: (one or more options)
A. Asset balance sheet accounts
B. none of the above
C. Depreciation areas
D. Value fields
E. Depreciation terms
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 217If the prerequisite statement is satisfied (TRUE), a check is performed. If the result of the check is FALSE,the system posts a message.
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 218G/L Accounts for Integrated Asset Acquisition: When you post to a vendor or an asset account, the relevantgeneral ledger accounts (payables and fixed assets) are automatically updated at the same time
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 219CORRECT TEXT
---------------are specific places in an application that specify the exact location where a validation/substitution occurs.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: callup points
QUESTION 220The integration of subsidiary ledgers with the general ledger is as important as the integration of...............and------------functions.
A. Accounts payable and accounts receivable
B. Accounting and logistics
C. Accounts payable and logistics
D. Accounting and asset accounting
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 221CORRECT TEXT
One of the main tasks of Asset Accounting is to represent the----------------------in the detailed form of anasset history sheet.
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: asset portfolio
QUESTION 222What are the operators that are available for matrix validation or matrix substitution
A. GROUP BY
B. MIN()
C. SUM()
D. AVG()
E. MAX()
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 223CORRECT TEXT
What is the quickest way to look at the changes in value of one asset for the next five years?
A.
B.
C.
D.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: Asset explorer
QUESTION 224Currency is a required field entry while creating G/L master
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 225It is possible to get the report of customers created by a user in a company code
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 226Posting key is linked to field status in Fl posting
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 227Customer makes multiple checks for one invoice, and hands it over to the company which is running withSAP with all modules. It is not possible to enter in SAP by keeping all the check details and updatingagainst one invoice
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 228It is not possible to create a due date for a down payment
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 229Clearing does not create any document
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 230Partial payment creates another entry without any link to the original entry
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 231Payment terms are company code dependent
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 232We cannot control the postings to the G/L by way of tax codes entry for a G/L account
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 233Reconciliation account definitions are available in general data of vendor master
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 234Down payment creates another entry without any link to the original entry
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 235SAP cannot automate the payment method entry into the vendor invoice entry screen
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 236It is a real problem in SAP-in financial statement version we are not able to find the G/L accounts which arenot assigned
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 237
Tax codes are time dependant
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 238All special G/L transactions are posted to G/L accounts
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 239Payment request clears the entries in AP and AR
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 240It is not possible to use two check series for making payment
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 241System allows you to enter the date interval from and to- in case of foreign currency translation rates
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 242Physical inventory is a MM/PP module transaction and hence no accounting entry is passed in G/L but realstock is adjusted in MM/PP
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 243It is user definition whether SAP will control the open item selection
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 244We cannot create manual checks for payment to business partners and update in the system
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 245It is not possible to calculate the due date on fixed dates like end of month with days calculation
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 246All Fl entries will be repeated in CO module also
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 247It is possible to define the standard translation method of foreign currency in the posting key
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 248Reconciliation account definitions are available in payment data of general data in customer master
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 249It is not possible to see document currency and company code currency at the same time during documentdisplay option
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 250G/L master record is always for all company codes in the system
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 251Tax codes are created at company code level
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 252Residual payment creates another entry keeping all entries open
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 253Chart of accounts view of G/L account keeps the data like general data in customer account common data
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 254Reversal of voided checks is a standard functionality of SAP
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 255In AP and AR, account group cannot be created with external number range
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 256document date, posting date, value date, base line date, system date and due date in the entry screen ofcustomer/vendor invoice are the same
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 257Payment to vendor of a specific bill cannot be blocked in SAP
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 258Payment cannot be made by adjusting a special G/L transaction which is posted in G/L
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 259MIS reports based on financial books like ratios can be done through financial statement version
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 260Through bank statement entry, we can enter the entries like bank debits for bank charges, commission,etc. which will make a direct posting into the G/L
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 261Jurisdiction codes are not used at all while creating tax codes
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 262Whenever an Fl entry is made, we want document header text to be a mandatory entry. Customizing isavailable in G/L master and field status groups
A. True
B. False
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 263Bank statement entry into the SAP does the automatic clearing
A. False
B. True
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 264It is not possible to void unused checks
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 265SAP does not allow bill of exchange accounting
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 266Tax codes are created and operated at country level
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 267Payment to anybody by passing a G/L entry without AP/AR is a standard functionality of SAP
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 268It is not possible to show the checks with a value range and issued by a user
A. False
B. True
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 269Many assets are affected by a change, therefore, you cannot carry out a mass change
A. false
B. true
Correct Answer: A
Section: (none)Explanation
Explanation/Reference:
QUESTION 270The mass change process includes three functions: one or more is correct
A. Releasing the work list (= execution of the mass change).
B. Checking the work list and making any corrections.
C. Selecting the assets, and generating the appropriate work list
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 271Choose the correct answer:
A. If the asset arrived after the invoice was received, integrated postings are made.
B. The asset has already been delivered but the invoice has not, its a reason for not making integratedpostings
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 272Specify the correct answers:
A. You can recalculate depreciation functions on the value fields tab page.
B. In the Asset Explorer, dunning areas are displayed in an overview tree, form which they can beselected.
C. In a print preview format, you can not display planned values, book values and transactions directly inthe Asset Explorer
D. none of the above
E. You cannot jump from field above the tree to the asset master data.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 273When you capitalise AUC you transfer values to one or more completed assets. This transfer is either donein a lump sum or with line item settlement
A. false
B. true
Correct Answer: B
Section: (none)Explanation
Explanation/Reference:
QUESTION 274Keep in mind this statement: User can define own history sheet versions: one or more is correct
A. Size: Upto 8 rows/10 columns (10 rows/8 columns).
B. Define how the values are supplied to the history sheet items.
C. Store the top of the history sheet items.
Correct Answer: BCSection: (none)Explanation
Explanation/Reference:
QUESTION 275The system treats the calculation of imputed interest as a depreciation type, since it is also controlled bydepreciation keys and calculation methods, similar to the calculation of depreciation.
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 276In Asset and Equipment Master Records: one or more is correct
A. The equipment master record, however, is not actually created until you save.
B. You can also set up the system so that equipment master records are automatically updated when youmake certain changes to the asset master records linked to them.
C. When you create an asset master record, the system automatically enters an equipment master recordnumber in the asset master record, and copies the values of certain master data fields (for example,company code, cost center).
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 277Through test run, you can check for any possible errors such as locked cost centers
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 278Specify the correct answer:
A. You cannot manage assets under construction in the system as individual master records.
B. You can use collective management of several assets under construction on one master record
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 279When capitalizing AUC, system automatically separates transactions from previous years fromtransactions from the current year. This is done by using different transaction types
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 280Asset history sheet is the most important and most comprehensive year end report or intermediate report
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 281The advantages of SAP List Viewer are: one or more is correct
A. Filter.
B. Formatting columns by double-clicking or dragging with the mouse
C. Enables summaries and subtotals.
D. Sorting.
E. Saving client and user-dependent settings.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 282
You can distribute to the proper assets when the asset under construction is completed by using either:
A. Line item settlement.
B. Simple transfer to cost objects.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 283If the substitution step prerequisite is true at runtime (using field-field assignment), the system substitutesthe contents of the field with the contents of the source field.
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 284You can not specify how many tabs you want to have and which field groups you want to be displayed onthe given tab pages
A. false
B. true
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 285Rule permits complex logic to be summarized; it cannot be re-used
A. true
B. false
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 286The number of possible transaction type groups, as well as the characteristics of the individual groups, isspecified in the system and can (not) be changed.
A. true
B. false
Correct Answer: B
Section: (none)Explanation
Explanation/Reference:
QUESTION 287Depreciation calculation is based on the control parameters explained below, as well as on the planneduseful life of the asset that is entered in the asset master record:
A. The calculation method is particularly important for defining the depreciation calculation method.
B. The depreciation key containing all control data for the calculation of planned annual depreciation.
C. The most important part of the depreciation key is the calculation method for the calculation of sametypes of automatically calculated depreciation.
D. You cannot enter a depreciation key in each depreciation area in the asset master record.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 288If you do not want the numbers defined as year-dependent, then enter a future year under year (such as9999)
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 289You can enter the accounts that are to be posted in the account determination in each depreciation area
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 290The default rule can be defined in a customer-specific program exit
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 291Select the correct answers: One or more is correct
A. The system uses depreciation area 01 to calculate ordinary depreciation. The depreciation is thenposted to G/L accounts
B. The numeric keys represent depreciation terms that cannot be entered in the asset master record or inthe asset classes.
C. You have to assign each company code, in which assets are managed, to exactly one chart ofdepreciation.
Correct Answer: ACSection: (none)Explanation
Explanation/Reference:
QUESTION 292ALVs user-friendly characteristics support the dynamic creation of layouts
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 293Choose the correct answer: one or more is correct
A. If you specify the sub-number as maintenance level, you cannot maintain the field group on the mainand sub-number level.
B. If you specify the maintenance level as main number, the field group from the main number is proposedas a default value during maintenance of sub numbers.
C. If you specify the asset class as the only maintenance level for a field group, you cannot maintain thefields on main or sub-number level Instead these fields are for display only at those levels.
Correct Answer: BCSection: (none)Explanation
Explanation/Reference:
QUESTION 294Consider the following when creating asset classes: One or more is correct
A. The asset class is a selection criteria in all standard reports in Asset Accounting.
B. The assignment of asset numbers can be controlled by the asset class.
C. The screen layout, tab layout and the field characteristics (required/optional/suppressed) of the assetmaster record can be set for the asset class.
D. The asset class provides default values to all asset master records in the class. In this way, the assetclass functions as a sample master record, and makes it possible to create new asset master recordssimply and without errors.
Correct Answer: ABCDSection: (none)Explanation
Explanation/Reference:
QUESTION 295The number of the G/L account to be charged can be automatically suggested by the system provided thatautomatic account determination has been defined for company code.
A. false
B. true
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 296An external asset acquisition is a business transaction resulting from the acquisition of an asset from abusiness partner (in contrast to an acquisition from in-house production). You can post the acquisition of apurchased asset in several different ways, using different components of the R/3 System. Keeping in mindthe above statement choose the correct answer:
A. The system proposes defaults for the posting data and you cannot (can) overwrite them.
B. In Asset Accounting (FI-AA) in integration with Accounts Payable (FI-AP), and with (without) referenceto a purchase order.
C. In Asset Accounting, without reference to a purchase order, without integration with Accounts Payable(posting to a clearing account- with or without clearing).
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 297You can define whether interest should be calculated for the cost-accounting depreciation area, andwhether depreciation should continue below zero
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 298Line item settlement (AuC) is carried out by using distribution rules
A. false
B. true
Correct Answer: B
Section: (none)Explanation
Explanation/Reference:
QUESTION 299It is possible for the planned depreciation to be displayed through assigning depreciation terms and aplanned start-up date to the order or project
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 300The system determines the planned annual depreciation and planned interest based on the asset valuedate, which determined the depreciation start date, and the depreciation terms.
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 301Consider the following in case of number range intervals: One or more is correct
A. The number ranges can be defined at company code level.
B. The number assignment is uniform for the asset class by specifying the number range for an assetclass in the asset class.
C. You can choose between external and internal number assignment by specifying a correspondinglydefined number range.
D. Alphanumeric intervals can only be assigned externally.
E. You may choose small intervals, since an extension is possible if the extension already belongs toanother interval.
F. In Customizing for the asset class, specify the number range per company code, and specify whetherassignment from the number range should be carried out externally or internally.
Correct Answer: BCDFSection: (none)Explanation
Explanation/Reference:
QUESTION 302In validation procedure, if the prerequisite statement is satisfied, a check is performed and if the result ofthe check is TRUE, the system posts a message.
A. false
B. true
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 303Answers each of the following: One or more is correct
A. You cannot define an unlimited number of asset classes in the system.
B. The asset class catalog is relevant in all company codes in a client. The preceding is also true when thecompany codes have different charts of depreciation and therefore different depreciation areas.
C. Asset classes apply in all company codes.
Correct Answer: BCSection: (none)Explanation
Explanation/Reference:
QUESTION 304Specify the correct answers: one or more is correct
A. You should specify index figures for the index series, for each fiscal year
B. Only year-independent index classes are used.
C. The index series must be assigned to an index class.
Correct Answer: ACSection: (none)Explanation
Explanation/Reference:
QUESTION 305If you want to perform acquisitions, retirements and transfers, it will be identified through transaction typeswhich are used with every posting
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 306The system supports which direct types of dep
A. ordinary dep
B. unplanned dep
C. special dep
Correct Answer: ABC
Section: (none)Explanation
Explanation/Reference:
QUESTION 307Those depreciation areas for which financial statements are to be created are maintained through SAPEasy Access for Asset Accounting where you enter the financial statement versions.
A. true
B. false
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 308The system automatically enters the vendor in the origin data field of the asset master record, when youpost the acquisition integrated with accounts payable.
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 309You can use the Schedule Manager to manage the following periodic processing in Asset Accounting: Oneor more is correct
A. Automatic posting of asset transactions from a depreciation area to the General Ledger.
B. Posting depreciation.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 310You must to settle all line items at once, but you do not have to distribute 100 percent of each line item
A. false
B. true
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 311Time-dependent changes cannot be defined by creating new intervals
A. false
B. true
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 312AuC are a special form of tangible assets. They are usually displayed as a separate balance sheet itemand therefore need a separate account determination in their asset classes.
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 313Several company codes can use the same chart of accounts, although they have different charts ofdepreciation
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 314A rule is nothing more than a prerequisite or check of a validation
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 315You can only process a fiscal year change in a subsequent year if the previous year is still open for posting
A. false
B. true
Correct Answer: A
Section: (none)Explanation
Explanation/Reference:
QUESTION 316Choose the correct answer:
A. Substitution consists of several steps (upto 9999 are possible), each two parts; Prerequisite &Replacement
B. If the prerequisite is satisfied (TRUE), substitution is performed.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 317The system stores all the values and transaction data per asset master record
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 318You can manage AUC under construction phase in FI-AA in which of the following ways
A. as a normal asset master record (for summary settlement)
B. as a normal asset master record with line item management
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 319If you want several company codes to use the same number assignment (cross-company code), you canmaintain the number range in one company code, and assign the other company codes to this companycode for number assignment.
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 320You can generate manual depreciation amounts for all depreciation types, but it is more common tomanually generate unplanned depreciation and the transfer of reserves.
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 321One of the most important functions of the asset class is to establish the connection between the assetmaster records and the corresponding accounts in the general ledger in Financial Accounting.
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 322The SAP System posts the depreciation and interest based on the chart of depreciation defined in theasset class
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 323The following measure are required to execute substitution/validation: one or more is correct
A. You must assign your validation/substitution to an appropriate organizational unit
B. You must decide for which area of application validation/substitution should apply.
C. The correct call-up point for the validation/substitution must be selected.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 324Using intra-company asset transfer, you transfer a fixed asset, or an asset component, to a different assetmaster record. The target asset has to be in the same company code as the sending asset. Intra-companytransfer may be necessary for one of the following reasons:
A. You cannot settle an asset under construction and transfer it to a finished asset.
B. You split up an asset or move part of an asset (transfer from asset to asset).
C. An asset was created in the wrong asset class. You can change the asset class in the asset masterdata or you can transfer the asset to a new master record.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 325The period logic of the depreciation calculation creates a new period interval (segment) for a mid- yearchanges to them
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 326The following Cost Accounting objects can be assigned to an asset: One or more is correct
A. Created valid cost centers.
B. Valid activity type.
C. Valid cost elements.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 327An asset class consists of the following main sections: One or more is correct
A. A valuation section with control parameters for valuation and default area (depreciation terms).
B. A master data section with default values for the administrative data in the asset master record
C. A header with the control parameters for master data maintenance and account determination.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 328The ways of posting retirements are: one or more is correct
A. With or without revenue.
B. As mass retirement.
C. As full or partial retirement.
D. With or without vendor.
E. As retirement of several assets.
Correct Answer: ABCESection: (none)Explanation
Explanation/Reference:
QUESTION 329When you post with account assignment to an asset, the system determines the G/L account that isposted, based on the following things; One or more is correct
A. The chart of accounts valid in the company code.
B. The transaction type. [The transaction type identifies the type of business transaction. Using thetransaction type, the system posts the transaction to the appropriate accounts of the given accountdetermination].
C. The default area that is to be posted.
D. The account allocation key.
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 330The following parameters can be changed on a time-dependent basis: one or more is correct
A. Absolute scrap value.
B. Variable depreciation amount.
C. Percentage scrap value.
D. Depreciation key
E. None of the above.
F. Useful life.
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,F
QUESTION 331You need only one account determination key to post asset values of all classes to different accounts in thedifferent charts of accounts
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 332
Unplanned depreciation: select correct statement(s)
A. you can plan manual dep for individual assets in Fl-AA
B. CU after you nave manually planned dep. system doesn't create an Fl document immediately.This document is not generated until depreciation posting program is run
C. when you enter transaction type, system recognizes that you want to perform manual dep
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 333Choose the correct answer: one or more is correct
A. You cannot define the result of non-compliance with the substitution rule.
B. You can also force the user to correct the error before processing can continue
C. You can not define (define) validation rules using Boolean Logic.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 334The area menus can be displayed but not changed in area menu maintenance
A. false
B. true
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 335If you choose Individual management of low value assets, you have to enter a base unit of quantity in theasset class
A. False
B. true
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 336By the period control method of the depreciation key, the asset value date is determined for eachdepreciation area.
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 337By using screen layout control you can specify the field attributes in the asset master record and themaintenance level of the fields
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 338The maintenance levels in me system are: One or more is correct
A. Sub-number
B. Main number.
C. Asset class.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 339[Bank-Master Data] Bank master data records can also be manually: One or more is correct
A. On the general data section of customer & vendor masters.
B. At one-time(account) document entry.
C. In the account ID.
D. When defining house bank.
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 340Day limit is used to store several versions of terms of payment under the same terms of payment key
A. true
B. false
Correct Answer: ASection: (none)
Explanation
Explanation/Reference:
QUESTION 341What is the difference between a partial payment and a residual payment?
A. The partial payment leaves the invoice as an open line item and posts a new line item for the residualpayment amount. The residual payment clears the invoice and incoming payment and creates a newline item for the incoming payment.
B. The partial payment leaves the invoice as an open line item and creates a new line item for theincoming payment. The residual payment clears the invoice and incoming payment and post a new lineitem for the residual payment amount.
C. The partial payment clears the invoice and incoming payment and creates a new line item for theincoming payment. The residual payment leaves the invoice as an open line item and posts a new lineitem for the residual payment amount.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 342[FI-AM] The country-specific chart of depreciation, delivered by SAP, contains a catalog of depreciationareas that cannot be changed
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 343[FI-GL] Data relevant to MM functionality is stored in which segment of the vendor master record?
A. Account group.
B. Client.
C. Purchasing.
D. Company code.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 344What gives an overview of planned processes carried out periodically in the system?
A. Dunning runs.
B. Financial calendar.
C. Interest calculation
D. Payment runs.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 345What fields of Fl document header can be changed after a document has been posted
A. header text
B. posting date
C. text fields
D. reference no.
E. fiscal year
Correct Answer: CDSection: (none)Explanation
Explanation/Reference:
QUESTION 346[Fl-Postings] Define posting keys? One or more is correct.
A. The posting key also specifies the specific account type for a line item.
B. Determines whether the vendor account is one-time.
C. Identifies which of the account types will be permitted on a particular document
D. Helps control the field status of a line item.
Correct Answer: ADSection: (none)Explanation
Explanation/Reference:
QUESTION 347[FI-GL] The payment terms are used to define: One or more is correct
A. Baseline date for due date calculation.
B. Cash discount percentage rates.
C. The house bank
D. Cash discount periods.
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 348A tax code may have several tax rates entered for different tax types
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 349FI-GL-Organizational Structure] A Business Area is:
A. The organization entity for which balance sheets as well as profit & loss statement can be executedacross company codes covering a companys main areas of operation.
B. Identifies an independent organizational structure within a company, which includes all functions forinternal cost and revenue accounting.
C. The smallest organization unit for which a complete self-contained set of books can be executed.
D. The legal unit of consolidation to which company codes are assigned.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 350[FI-AM] Mark the correct statements: One or more is correct.
A. An asset uses balance reconciliation account.
B. An asset must use more than one reconciliation account
C. An asset use only one reconciliation account.
D. An asset uses profit/loss reconciliation.
Correct Answer: CDSection: (none)Explanation
Explanation/Reference:
QUESTION 351The SAP System posts the depreciation and interest based on the chart of depreciation defined in theasset class
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 352[Organizational Structures] A business Area is:
A. The legal unit of consolidation to which company codes is assigned.
B. Identifies an independent organizational structure within a company, which includes all functions,
required for internal cost and revenue accounting.
C. The organization entity for which balance sheets as well as profit & loss statements can be executedacross company codes covering a companys main areas of operation.
D. The smallest organization unit for which a complete self-contained set of books can be executed
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 353Only balances in local currency indicator is usually set in balance sheet accounts that are not managed inforeign currencies and not managed on open item basis
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 354[FI-GL-POSTINGS] Choose the correct statements regarding the document, posting, and entry dates ofaccounting documents. Note: More than one answer is correct.
A. The document date must be the same as the invoice date.
B. The posting period is determined by the posting date.
C. The posting period is determined by the document date.
D. The entry date is the same as the operating systems date.
E. The posting date must be the same as the entry date.
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 355[Fl-Master Data] Vendor specific information such as reconciliation acct. and item sorting is stored at whatlevel?
A. Account group.
B. Client.
C. Customer master record.
D. Company code.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 356
One number range can only be assigned to one account group
A. false
B. true
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 357Which of the following are controlled by the posting period variant? One or more is correct.
A. The ranges of periods that is currently open for processing.
B. Only one period range can be open at the same time.
C. The specific user authorization necessary to book entries within a specific period.
D. The ranges of accounts within a specific account type that is currently open for processing
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 358The user can clear open items of AJR, AJP and G/L accounts with the automatic clearing program. Theprogram groups items together from an account which have the same: One or more is correct.
A. Special G/L indicator.
B. Reconciliation account number.
C. Document number.
D. Currency
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 359[Fl-Master Data] Field Status group control:
A. The GL account group.
B. The fields for data entry screens
C. The number ranger.
D. The account type.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 360[FI-GL-MASTER DATA] Field Status group control
A. The number range.
B. The fields for data entry screens.
C. The GL account group.
D. The account type.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 361The tax code is used for what? One or more is correct
A. Verify the account type.
B. Verify the amount of tax.
C. Determine the G/L account.
D. Calculate the amount of tax.
Correct Answer: BCDSection: (none)Explanation
Explanation/Reference:
QUESTION 362If no grace period is defined system starts dunning procedure as soon as net due date is reached
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 363[Fl-Master Data] What determines whether the vendor account is one-time?
A. Field Status.
B. Account group.
C. Document type.
D. The posting keys.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 364[Fl-Bank] The house banks are identified by
A. Address.
B. Bank-ID.
C. Bank name.
D. Account number.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 365Select the correct answers: One or more is correct
A. The numeric keys represent depreciation terms that cannot be entered in the asset master record or inthe asset classes.
B. You have to assign each company code, in which assets are managed, to exactly one chart ofdepreciation.
C. The system uses depreciation area 01 to calculate ordinary depreciation. The depreciation is thenposted to G/L accounts
Correct Answer: BCSection: (none)Explanation
Explanation/Reference:
QUESTION 366Fiscal year change program
A. You can only process a fiscal year change in a subsequent year if the previous year has already beenclosed for business
B. The earliest you can start this program is in the last posting period of the current year
C. opens new annual value fields for each asset.
D. You have to run the fiscal year change program for your whole company code
Correct Answer: ABCDSection: (none)Explanation
Explanation/Reference:
QUESTION 367[Fl-Bank] Bank statements you enter can be displayed, changed, or deleted before posting
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 368What are transactions in accounts receivable and accounts payable that are displayed separately in the
general ledger and sub-ledger? This may be necessary for reporting or internal reasons.
A. Special G/L transactions.
B. Additional assignments
C. G/L fast entry.
D. Financial reporting.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 369[FI-GL] What are the ways to clear open items within an account in R/3 ? One or more is correct
A. Down payment transaction.
B. Account clearing.
C. Posting with clearing.
D. Reversing documents.
Correct Answer: BCSection: (none)Explanation
Explanation/Reference:
QUESTION 370You tell the payment program which accounts and items to consider in the automatic payment run.What is it?
A. Parameters
B. Proposal run
C. Schedule payments
D. Edit proposal
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 371Each house bank is reflected by a combination of house bank id and account id
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 372[Fl - General] Which statements are true? A chart of accounts: One or more is correct
A. Can be allocated to multiple company codes.
B. Only contains definitions for G/L accounts.
C. Can only be allocated to one company code
D. Can be defined as the group chart of accounts.
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 373[FI-GL] In accounting data which are the records that remains in the system for an extended period oftime?
A. Document number.
B. Invoices data
C. Transaction data.
D. Master data.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 374The year end closing program checks whether:
A. Depreciation and asset values are posted in full
B. Assets contains errors or are incomplete
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 375Payment program - where bank charges are defined system automatically subtracts bank charges fromincoming payments and adds them to outgoing payments
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 376[FI-GL-MASTER DATA] Define GL Account Group. Note! More than one answer is correct.
A. The account group determines the fields for data entry screens if you create or change a master record
in a company code
B. The account group only determines in which number interval the GL account number must reside.
C. The GL accounts group is a classifying for general ledger master records.
D. The account group also determines in which number interval the GL account number must reside.
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 377Bank subaccounts are generally managed on open item basis with line item management
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 378[FI-AM] The status of each field in asset master record can be maintained at what levels ? One or more iscorrect
A. Asset sub-number
B. Asset class.
C. Asset main number.
D. Asset under construction.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 379[Fl-Master Data] Define GL Account Group. One or more is correct.
A. The account group only determines in which number interval the GL account number must reside.
B. The account group also determines in which number interval the GL account number must reside.
C. The GL account group is a classifying feature for general ledger master records.
D. The account group determines the fields for data entry screens if you create or change a master recordin a company code
Correct Answer: BCDSection: (none)Explanation
Explanation/Reference:
QUESTION 380[Fl-Postings] What are examples of currency types? One or more is correct
A. User currency.
B. Hard currency
C. Index currency.
D. Global currency.
Correct Answer: BCDSection: (none)Explanation
Explanation/Reference:
QUESTION 381[ FI-GL-Organizational Structure] Which structure provides an environment for analyzing marketprofitability, even allowed for customer defined segments?
A. Operating concern.
B. Controlling area.
C. Company code
D. Business area.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 382A document is identified by the combination of: One or more is correct
A. Fiscal year
B. Document number.
C. Company code.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 383How variants that are required in each company code? One or more is correct.
A. Posting period variant.
B. Depreciation variant.
C. Fiscal year variant.
D. Field status variant.
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 384The payment method can be entered directly into an item. If this is the case, the system checks if One ormore is correct.
A. A bank account for the payment can be found.
B. This payment method is permitted by the parameters entered
C. This payment method can be used (payment method check).
D. The payment method can be entered in the company code area
Correct Answer: ACDSection: (none)Explanation
Explanation/Reference:
QUESTION 385Line item display should not b active for following accounts
A. revenue
B. material stock
C. P+L statement
D. reconciliation Ate
E. tax
Correct Answer: ABDESection: (none)Explanation
Explanation/Reference:
QUESTION 386Company codes from different countries cannot tie processed in same payment run
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 387[FI-GL-MASTER DATA) Which the following SAP items can be inputted during the creation of a vendormaster record? Note! More than one answer is correct.
A. The field status definition.
B. The account group.
C. A reference vendor.
D. The number range interval of the document type
E. The document type.
Correct Answer: BCSection: (none)Explanation
Explanation/Reference:
QUESTION 388What identifies which of the account types will be permitted on particular document?
A. The audit trail,
B. Document type,
C. Posting key.
D. Document number ranger.
Correct Answer: BCSection: (none)Explanation
Explanation/Reference:
QUESTION 389The currency that was input on the header of document
A. Company code currency.
B. Transaction currency
C. Additional currency.
D. Local currency.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 390(Bank-Master Data) Sank accounts that contain a companys own funds:
A. Customer bank account.
B. House Dank.
C. Vendor bank account.
D. Bank key.
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 391(FI-AM] Several asset class can use the same account determination if: One or more is correct.
A. Post to same G/L accounts.
B. Post to different G/L accounts.
C. They use the same chart of account.
D. The different company code.
Correct Answer: ACSection: (none)Explanation
Explanation/Reference:
QUESTION 392What can we define into chart of accounts customizing transaction OBI 3
A. length of company code
B. maintenance language
C. length of G/L account number
D. blocking/unblocking chart of account
E. description
Correct Answer: BCDESection: (none)Explanation
Explanation/Reference:
QUESTION 393(Organizational Structures] Which chart of accounts is always required?
A. Group chart of accounts.
B. Country chart of accounts.
C. Operating chart of accounts.
D. Alternate chart of accounts.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 394Which accounts shall be considered in the dunning run?
A. Account Selection
B. Dunning line items.
C. Dunning Accounts
D. Reconciliation account.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 395(FI-SLJ Report Painter allows you to use characteristics in the: One or more is correct
A. Base line date
B. columns
C. Line items
D. Rows
Correct Answer: BDSection: (none)Explanation
Explanation/Reference:
QUESTION 396If the system detects a deviation between tax calculated and tax amount entered
A. it issues a warning message (indicator not set)
B. it issues an error message (indicator set)
C. check indicator must not be set for input tax codes because the user must post tax amount fromInvoice whether its correct or not
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 397(FI-AM] Where do you define the reconciliation account that will be used by an asset?
A. Account determination in depreciation area.
B. Account number in depreciation area.
C. Account determination in asset class.
D. Account number in fixed asset.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 398Choice the correct.
A. The dunning run update dunning data in dunned items and accounts.
B. One dunning form can be use for all dunning levels and dunning area.
C. It is possible to dun vendors as well as customers.
D. After the dunning proposal is created, changes to the dunning data in items or master data records willnot be valid for the current dunning run.
Correct Answer: BCDSection: (none)Explanation
Explanation/Reference:
QUESTION 399(FI-SLJ Transferring Data to Special Purpose Ledger is : On or more is correct.
A. The account assignment block, also called the coding block is a standard component delivered with theSAP System. The user does not usually come into direct contact with the coding block.
B. A business transaction can enter me Fi-SL System via another SAP application.
C. All data that enters the FI-SL System is processed by the integration manager.
D. Most data that enters the FI-SL System come from transactions occurring in many different places.
Correct Answer: ABCDSection: (none)
Explanation
Explanation/Reference:
QUESTION 400Preparation for year-end closing:
A. If the final result is not satisfactory, you can carry out depreciation simulation changes. or makeadjustment postings
B. Once depreciation has been posted in FI-AA and FI, a balance sheet and P&L statement can becreated.
C. If you change any depreciation values, you must run depreciation posting again.
D. If an area posts APC values to the general ledger periodically you will need to run report for periodicposting
E. EH After the depreciation lists and asset history sheet have been checked, depreciation is posted
Correct Answer: Section: (none)Explanation
Explanation/Reference:Answer: A,B,C,D,E
QUESTION 401Every company code that needs to use an account from assigned chart of account has to create its owncompany code segment
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 402Settings for payment program are defined in
A. at time of posting invoice - line item level
B. vendor master record
C. customizing for payment program
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 403(FI-AM] The chart of depreciation is defined at what level?
A. Asset class.
B. Plant.
C. Company code.
D. Client.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 404[FI-SLJ We do know there are differences between Cost-of-sales-accounting and period accounting. Whatis the correct answer?
A. Cost of sales accounting has the emphasis on summarizing the activity and situational change over aperiod of time, for a given organizational unit.
B. Period accounting is divided into Costing based and into Account based.
C. Companies must choose to use one of these methods (Cost of sales or Period accounting) forgenerating their legal financial statements.
D. Period accounting has the emphasis into matching the revenues for goods/or services provided againstthe related expanses for those items.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 405(FI-AM| Different company codes can be linked to one chart of depreciation
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 406Which are the segments of SD view of customer account master data
A. controlling area
B. company code
C. client
D. sales area
E. purchase organization
Correct Answer: CDSection: (none)Explanation
Explanation/Reference:
QUESTION 407Several company codes can use the same chart of accounts, although they have different charts ofdepreciation
A. True
B. False
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 408All reconciliation accounts and all G/L accounts with open item transactions in foreign currency must beassigned to the G/L account for realized losses and gains. Which of the following options exist for thisassignment One or more is correct.
A. A single G/L account can not be used per currencies and currency types.
B. A single G/L account can be used per currency
C. A single G/L account can not be used per currency type
D. A single G/L account can be used for all currencies and currency types
Correct Answer: BDSection: (none)Explanation
Explanation/Reference:
QUESTION 409Usage of financial statement version is optional for group chart of account
A. false
B. true
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 410What is the highest organizational unit which usually perform dunning?
A. Chart of account
B. Client
C. Business Area.
D. Company Code.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 411Tax calculation by system are usually posted via separate line item to a special tax account in standardscenario
A. true
B. false
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 412Which payment terms are defaulted when posting an invoice depends on where the Invoice is created: Oneor more is correct.
A. If the invoice is created in Fl the payment terms from the company code segment are defaulted
B. when posting the MM-invoice payment terms are copied to the Fl-lnvoice
C. If a vendor invoice is created in MM payment terms from the purchasing segment are not defaulted.
D. When posting the SD-invoice payment terms are not copied to the Fl-invoice.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 413If a closed year is subsequently released for posting, it can only be closed again once the year- end closingprogram has been re-run.
A. false
B. true
Correct Answer: BSection: (none)Explanation
Explanation/Reference:
QUESTION 414How many levels the GL account master record have and what are they?
A. 1 Levels GL master record.
B. 3 Levels client, chart of account
C. 2 Levels company code and chart of account level.
D. 2 Levels company code and client level.
Correct Answer: CSection: (none)Explanation
Explanation/Reference:
QUESTION 415What is it validation? One or more is correct
A. Allows you to define your own account number.
B. Allows you to define your own account document.
C. Allows you to define your own conditions for substituting specific fields.
D. Allows you to define your own individual checks for specific fields when a business transaction is being
processed
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 416System determines tax from
A. tax code
B. base amount
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 417The accounting document: One or more is correct.
A. An accounting document must contain at least 1 line item.
B. The debits and credits are not required to balance to zero before posting is permitted.
C. The header section contains data relevant for the management of whole document, such as documentnumber, posting date, company code, currency and document text.
D. Each line item would contain an account, an amount and other relevant posting information.
Correct Answer: CDSection: (none)Explanation
Explanation/Reference:
QUESTION 418The reconciliation account: One or more is correct.
A. Can be defined for customer, vendor and asset account types.
B. itself is not designed for direct posting
C. Is defined on the client portion of the company code.
D. Ensures real-time integration of sub ledger account with the general ledger
Correct Answer: ABDSection: (none)Explanation
Explanation/Reference:
QUESTION 419What characteristics are configured standard for every customer/vendor account
A. open item management
B. purchase organisation
C. currency
D. line item display
E. company code
Correct Answer: ADSection: (none)Explanation
Explanation/Reference:
QUESTION 420The local currency it is defined at the time the: One or more is correct.
A. Company code is created.
B. Chart or account is created.
C. Document header.
D. Document is posting.
Correct Answer: ASection: (none)Explanation
Explanation/Reference:
QUESTION 421A document can only be reversed if: One or more is correct.
A. The original document contains no cleared line items, if the document does contain cleared items, thenthese items must be reset before reversal can take place.
B. The original document contains only customer, vendor and G/L line items.
C. The original document was posted in Fl system or originating in other modules
D. All specified values (such as, cost center) are not still valid.
Correct Answer: ABSection: (none)Explanation
Explanation/Reference:
QUESTION 422What defines the date on which terms of payment are to begin ?
A. Entry date.
B. Posting date.
C. Document type.
D. Baseline date.
Correct Answer: DSection: (none)Explanation
Explanation/Reference:
QUESTION 423Items which have to be paid are bundled together to create payments as long as they have: One or more iscorrect
A. The different payee/payer.
B. The same currency.
C. The different bank connection in the item.
D. The same paying and sending company code.
Correct Answer: BDSection: (none)Explanation
Explanation/Reference:
QUESTION 424Payment differences that fall outside defined limits: One or more is correct.
A. Limit the possible dunning levels.
B. Grant only cash discount for the portion paid. The remaining discount can only be granted once theoutstanding receivable has been paid off in full, within the que date
C. When posting a residual item, you require a payment term. You can transfer the payment term from theoriginal invoice or default a separate payment item.
Correct Answer: ABCSection: (none)Explanation
Explanation/Reference:
QUESTION 425Which the following statements about creating customer master records are correct?
A. Information on each screen may De defined in configuration mandatory, suppressed or optional,depending upon the company code.
B. An account group always gets assigned to a customer.
C. The company code is always a required entry.
D. The account number may be assigned by the user externally.
E. Information on each screen may be defined in configuration as mandatory, suppressed or optional,depending upon the account group
Correct Answer: BCDESection: (none)Explanation
Explanation/Reference:
QUESTION 426(Fl-Postings] Allocation Field: One or more is correct
A. Is an additional reference field for line items.
B. Can get more information on entry by displaying the document
C. Is either filled automatically (sort key in the master Record) or manually (entry in a line item).
D. Line items can be sorted In the account group directory by the content of the Allocation field
Correct Answer: ACSection: (none)Explanation
Explanation/Reference:
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