Which line item field is filled automatically by the sort key field of a master record
(G/L account, customer, or vendor)?
Note: Please choose the correct answer.
a) Item text
b) Assignment
c) Amount in document currency
d) Number of the invoice to which the transaction belongs
02. Which two data sections are part of every asset?
Note: There are 2 correct answers to this question.
a) Account determination data section
b) Depreciation data section
c) Master data section
d) Valuation area data section
03. When dealing with Financial Statement Versions (FSVs), how do you ensure that the
requirements of the various target groups (for example auditors, tax authorities, and
banks) are satisfied?
Note: There are 2 correct answers to this questions.
a) Create different versions of the same FSV.
b) Create one FSV, then save different variants based on the needs of the various groups.
c) Create one FSV and enhance it with different sets of notes.
d) Create different FSVs based on the needs of the target group.
04. What is the purpose of account determination in the accrual engine?
Note: There are 2 correct answers to this question.
a) To determine the CO object.
b) To determine the correct posting period.
c) To determine debit and credit accounts.n
d) To determine the document type.
05. For which scenario can you use the cash journal?
Note: Please choose the correct answer.
a) To manage cash in local branches and offices.
b) To make remittances to vendors.
c) To post incoming and outgoing payments in any transaction currency
d) To record documents that will not be included in the general ledger.
06. What are the prerequisites for setting up cross-company cost accounting?
Note: There are 2 correct answers to this question.
a) The same fiscal year is used for all company codes.
b) The same variant for open periods is used for all company codes.
c) The same chart of accounts is used for all company codes.
d) The same currency is used for all company codes.
07. You post a G/L document. For the Text field, the field status of the posting key is set
to Required Entry and the field status of the G/L account is set to Hidden Entry. What
happens during posting?
Note: Please choose the correct answer.
d) Interest
e) Free offsetting entry
14. What do you use the Closing Cockpit for?
Note: Please choose the correct answer.
a) To perform periodically recurring activities
b) To run reconciliation between CO and FI
c) To perform day-to-day activities
d) To create mass change of offsetting days for existing activities
15. What does the fiscal year variant control?
Note: There are 2 correct answers to this question.
a) The AuC has not been released.
b) There is no settlement profile assigned to the company code.
c) The settlement profile does not allow assets as valid receivers.
d) The status of the AuC is set to Summary Management.
e) The Depreciation Engine is not active.
16. In the New General Ledger Accounting, how would you incorporate companies with
different fiscal years if you wanted to assign them to the same controlling area?
Note: Please choose the correct answer.
a) Use the same fiscal year variant for all company codes and do a reversible close for the
company codes that have different fiscal years.
b) Create company codes with different fiscal year variants and assign them to the same
group company for reporting purposes.
c) Create company codes with the same fiscal year variant and assign the company codes that
have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant.
d) Use the same fiscal year variant for all company codes and set up parallel accounting for
company codes that have different fiscal years.
17. You are asked to set up the accounting structure to facilitate segment reporting
based on the SAP standard segmentation scenario. Which organizational unit can be
used to derive the segment?
Note: Please choose the correct answer.
a) Profit center
b) Company code
c) Business area
d) Functional area
18. Which objects can be assigned to an asset master record?
Note: There are 3 correct answers to this question.
a) Cost center.
b) Internal order.
c) Profit center.
d) WBS element.
e) Profitability segment.
19. Your customer wants to clear minor payment differences for incoming payments
automatically. Which objects do you have to use to fulfill this requirement?
Note: Please choose the correct answer.
a) Tolerance groups for G/L account and tolerance groups for employees
b) Tolerance groups for G/L account and tolerance groups for customers/vendors
c) Tolerance groups for employees and tolerance groups for document types
d) Tolerance groups for employees and tolerance groups for customers/vendors
20. Your customer wants to add a new company code and asks you to make the
configuration settings for document types and number ranges. What do you have to do?
Note: Please choose the correct answer.
a) Allow all document types for the new company code.
b) Define number ranges for the new company code
c) Set a second number range for all document types.
d) No additional settings are necessary
Solutions:
QUESTION: 01
QUESTION: 02
QUESTION: 03
QUESTION: 04
QUESTION: 05
Answer: b
Answer: a, b
Answer: b, c
Answer: c, d
Answer: a
QUESTION: 06
QUESTION: 07
QUESTION: 08
QUESTION: 09
QUESTION: 10
Answer: a, c
Answer: c
Answer: a, b, e
Answer: c
Answer: b, d, e
QUESTION: 11
QUESTION: 12
QUESTION: 13
QUESTION: 14
QUESTION: 15
Answer: a, c
Answer: d
Answer: a, b, e
Answer: a
Answer: a, b
QUESTION: 16
QUESTION: 17
QUESTION: 18
QUESTION: 19
QUESTION: 20
Answer: c
Answer: a
Answer: a, b, d
Answer: d
Answer: b
01. Which line item field is filled automatically by the sort key field of a master record
(G/L account, customer, or vendor)?
Note: Please choose the correct answer.
a) Item text
b) Assignment
c) Amount in document currency
d) Number of the invoice to which the transaction belongs
Solutions:
QUESTION: 01
QUESTION: 02
QUESTION: 03
QUESTION: 04
QUESTION: 05
Answer: b
Answer: a, b
Answer: b, c
Answer: c, d
Answer: a
QUESTION: 06
QUESTION: 07
QUESTION: 08
QUESTION: 09
QUESTION: 10
Answer: a, c
Answer: c
Answer: a, b, e
Answer: c
Answer: b, d, e
QUESTION: 11
QUESTION: 12
QUESTION: 13
QUESTION: 14
QUESTION: 15
Answer: a, c
Answer: d
Answer: a, b, e
Answer: a
Answer: a, b
QUESTION: 16
QUESTION: 17
QUESTION: 18
QUESTION: 19
QUESTION: 20
Answer: c
Answer: a
Answer: a, b, d
Answer: d
Answer: b