1.

Your customer wants all items that are posted to their customer accounts to be transferred to
their headquarters automatically?

a. Head office and branch accounts

2. Your customer runs an SAP system with new G/L accounting activated. They want to run a
valuation of accounts receivable that are posted in foreign currency. What do you have to do?

a. Set up a valuation method and assign it to a valuation area.

3. A company sells products. Sometimes when dealing with complaints they need to issue a credit
memo. Which accounts will be used to issue credit memos?

a. Receivables and Revenue accounts

4. Your customer runs an SAP ERP system with new G/L accounting activated. What do you need
to do to have profit center updates be part of the general ledger?

a. Assign the profit center update scenario to the ledger.

5. Which of the following task types are supported by the closing cockpit or schedule manager?

6. Which SAP Netweaver component ensures company wide verification of data and information in
heterogeneous IT environments?

a. Master Data Management

7. Your customer sells products and services. They have to separate the invoices into invoices for
products and invoices for services. Which object do you want to use to create dunning notices
dependent on the division (products or services)?

a. Dunning areas

8. Which activity will have an impact on the net book value of an asset?

a. Changing the useful life of the asset

9. Which of the following properties can you assign to a field when creating a variant?

a. Protect a field
Make a field mandatory
Hide a field
10. A customer wants to use segment reporting on balance sheet and P&L accounts?

11. What controls the posting key?
a. Debit/Credit
Field Status

12. A customer wants to define a chart of depreciation. How do you recommend setting up the
depreciation area?

a. Based on the relevant chart of accounts

13. Which parameters do you want to specify if you want to execute a payment run?
a. Payment method
Company code

14. Your customer is running as SAP ERP system with new G/L activated. All scenarios, but no
customer fields are assigned to the leading ledger. Which objects in the XXX tables (FAGLFLEXT)
can be evaluated with drill down reports?

a. Segments, profit centers, cost centers, business areas, and functional areas.

15. Which postings are created by the depreciation posting run?

a. Postings to the depreciation accounts to the G/L year to date depreciation on current
assets.

16. Which of the following activities will generate an FI document if real time integration between
CO and FI has been setup?

a. An assessment between cost-center in one company code with different functional
areas
An assessment between cost-centers that belong to two different company codes.

17. Your customer wants to perform their year-end closing activities. Which of the following
activities are mandatory to close the books?

a. Run fiscal year change in Asset accounting
Run the carry forward

18. In which scenarios is the solution manager used?
a. Operations
Implementation
Optimization

19. You have entered a non-invoice related credit memo and selected the terms of payment net due
30 days. The invoice reference field is empty. What effects does this have on the terms of
payment?
a. The payment terms are invalid

20. A customer wants to use document splitting to enable balance sheets by segments. How do you
setup the document splits?
a. Define splitting rules
Assign all G/L accounts to item categories

21. A customer is running SAP ERP 6.0 with new G/L accounting. For which purpose can they use
the closing cockpit?
a. To perform periodically recurring activities.

22. What do you define when you setup a depreciation area?
a. The posting to the G/L

23. You want to capitalize an asset under construction (AUC) using the lone item settlement
process. However, the settlement does not work. What could be the reason?
a. There is no settlement profile assigned to the company code.
The AUC has not been released
The settlement profile does not allow assets as valid receivers

24. Which of the following is a typical sequence of steps in a purchase to pay process?
a. Purchase Requisition Purchase Order Goods Receipt Invoice Verification
Payment

25. Which characteristics of account determination can be used to assign revaluation adjustment
to different G/L accounts?
a. Chart of accounts
Currency

26. Which SAP netweaver component realizes cross-system application processes?
a. SAP Exchange infrastructure (SAP XI)

27. At which level is the vendor account number assigned?
a. Client level
28. While posting a G/L document, two different field statuses (for posting key and G/L account)
have an impact on the posting. What happens if one field status is set to required entry and the
other is set to hidden entry?
a. An error message will occur

29. You receive a payment where the difference from the posted invoice is larger than the stated
tolerance limit. How can you deal with this?
a. Post the difference to an account assigned to a reason code.
Post the difference to a residual item

30. Question missing

31. What additional options does parking documents offer compared to holding documents?
a. A parked document can be changed and posted by a different user, there by supporting
the principle of dual control.
A parked document can be posted using a workflow

32. What does the SAP Web AS provide?
a. J2EE and ABAP in a single environment


33. Which functions are provided by the closing activity reclassify payables/receivables?
a. Regrouping and sorting of payables and receivables.
Adjustment postings for changed reconciliation accounts.

34. Which of the following objects must you enter when posting an asset acquisition against a
vendor?
a. Transaction type
Asset master data
Document Type

35. If vendor is also a customer, it is possible to clear both roles against each other. Which settings
are necessary to implement this?
a. The vendor number must be entered in the customer account and the customer number
must be entered in the vendor account.
The clearing with vendor field must be selected in the customer account and the clearing
with customer field must be selected in the vendor account.

36. Your customer wants to use the closing cockpit for period end closing. What major benefits of
the closing cockpit do you highlight?
a. It enables the use of a task list covering all closing activities.
It closes the posting period automatically at the last day of the period.

37. What are the prerequisites of setting up cross company cost accounting?
a. The same chart of accounts is used for all company codes
The same fiscal year is used for all company codes.

38. To which primary cost accounting objects can depreciation be posted?
a. Internal order
Cost center

39. How do you prevent duplicate vendors from being created?
a. Use match code to check whether the vendor already exists
Activate message control for the duplicate vendor check.

40. How can short text field of G/L account be changed?
a. Individually, in the company code segment.

41. Question missing

42. When dealing with FSVs, how do you ensure that the requirements of the various target groups
(Auditors, tax authorities) are satisfied?
a. Create different FSVs based on the needs of the target groups





43. During reorganization, two cost centers are merged and all future postings should go to only
one of them. If postings are made to the wrong cost center in future FI postings, your customer
wants to ensure that the wrong cost center is automatically replaced with the correct one.
What will you recommend?
a. Define a substitution in FI with the wrong cost center as a prerequisite and the correct
one as the substitution value

44. A customer wants to implement parallel accounting in asset accounting. How do you implement
this?
a. By using 2 different depreciation areas.

45. Which of the following is a prerequisite for using the segment field as a standard account
assignment object?
a. New segment account must be activated in the SAP system

46. Which infrastructure supports core business solutions in four subcomponents including people
integration, information integration, process integration, and ??? (E-learning question)

47. What elements of customer accounts creation need to be completed to post entries to the
account?
a. General data, company code data, and sales area data.
48. What do you define when you configure a dunning procedure?
a. Dunning levels and maximum number of days in arrears.

49. Which of the following describe characteristics of master data?
a. It is used on a long term basis for multiple business processes
It is typically assigned to organizational level

50. Which functionality can be used to generate intercompany posting documents?
a. Central procurement
Central payments

51. Which transactions on the procurement process with valuated goods receipt create documents
in FI?
a. Post valuated goods receipt
Enter invoice receipt

52. You want to use external number assignment..

53. The field status definition from the account group and the transaction are configured for each
field and the one which higher priority to use. Which priority sequence is correct, going from
highest to lowest?
a. Hide, Display, Required Entry, Optional Entry

54. A multinational concern acquires a company in another country which has local reporting
requirements. They are using an operational chart of accounts for all companies. How can you
fulfill this country specification?
a. Create a country specific chart of accounts and assign it to the regular chart of accounts

55. Which of the following objects can you post via cash journal?
a. Customer
One time customer

56. What are the benefits of using accrual engine?
a. The accrual engine calculates the accrual amounts automatically
The accrual engine can simulate planned future accounts
The accrual engine supports parallel accounting

57. Missing question

58. Which of the following factors determines field status for vendors?
a. Account group, transaction and company codes

59. What is one of the benefits of document parking?
a. It enables the use of the dual control principle.

60. What is necessary in order to make G/L accounts ready for postings?
a. A chart of accounts segment and at least one company code segment

61. To which of the following does an asset class apply?
a. All company codes within a client that share the same chart of accounts

62. You have posted an incorrect amount in Financial accounting. How can you correct this?
a. Reverse the document by normal reversal posting
Reverse the document by negative posting

63. You entered a G/L account posting and received an error message which says that account type
s is not allowed. Which object causes this error?
a. Document type

64. In the payment run, the data entered for a payment method for the document may differ from
the master data. How is this observed by the system?
a. Document data overrides master data

65. Your customers do not pay open invoices. How can you accomplish an automatic flat-rate
individual values adjustment?
a. Enter a value adjustment key in the customer master.
Make an individual value adjustment based on special G/L transaction E

66. What are the prerequisites for posting a vendor in FI?
a. Create a company code segment in the vendor master
Set up a number range for vendor invoices

67. Your customer wants to run the fiscal year close program. What are the prerequisites for this?
a. The previous year has to be closed in financial closing
The previous year has to be closed for asset accounting

68. What controls the fiscal year variant?
a. Number of periods (up to 16 posting periods and special periods)
The number of special periods available in addition to the normal periods

69. What is the typical sequence of steps in an ASAP roadmap?
a. Project preparation, Business Blueprint, Realization, Final Preparation, Go Live and
Support
70. Down payment can be posted using a special G/L transaction. What is the main benefit of this
functionality?
a. It posts down payments to a reconciliation account that is different from that of
ordinary payables and receivables

71. Which of the following is a typical process sequence on product sales from stock?
a. Incoming order transport/delivery Billing Dunning and payment

72. A vendor sends an invoice to a company which contains expenses for two company codes. You
post the vendor item to the receiving company code, then the expense, and finally a cross
charge to the two company codes. How are the taxes posted?
a. Taxes are posted to the company code where the vendor item is posted

73. Your customer wants to clear minor payment differences.

74. What options do you have for booking an asset acquisition?
a. Asset acquisition integrated with account payable
Asset acquisition using a clearing account
Asset acquisition posted from Materials Management

75. Into which types can special G/L transactions be XXX?
a. Noted item
Automatic offsetting entry
Free offsetting entry

76. At the end of the fiscal year the system carries forward the balance of certain accounts to a
special retained earnings account and sets them to zero. Which accounts are treated in such a
manner?
a. Profit accounts

77. Which interactive function is provided by the SAP list viewer?
a. Creation of subtotals for specific values

78. Your customer wants all items that are posted to their customer accounts to be transferred to
their headquarters automatically. Which functions do you use?
a. Head office/branch office concept




79. What are the advantages of Payment Medium Workbench (PMW)?
a. It can be used to change the payment formats without modifying the programs.
It can be used to create new payment formats
It provides a uniform set of functions for all kinds of payment methods.


80. Which of the following are the main components of a drilldown report?
a. Characteristics and Key Figures

81. Which of the following lists can be printed to help you edit a dunning proposal?
a. Blocked accounts
Blocked line items


































Question (Correct answers have *) Book/Page
1. Cash Journal can be used to post the following objects: (2 options right)
a. Asset Master
b. Customer*
c. Material Master
d. One time Customer*
Note: (Customer, Vendor, General accounts)
1-362
2. While posting expenses in cross company transactions, treatment of tax posting?
a. While posting common expenses in cross company, tax has to be distributed
manually in all companies.
Note: (tax is posted in sender company code)
1-287
3. What are the possible ways of posting assets acquisition?
a. By MM*
b. By accounts payable*
c. By clearing*
d. By cash journal
3-98
4. A document can contain maximum how many line items? (1 option right)
a. 9
b. 9999
c. 999*
d. unlimited
1-135
5. What are the types of cross company transactions? (2 options right)
a. Central Procurement*
b. Central Payment*
1-286
6. Customer wants to adjust a slight change in posting an incoming payment. What
option they have to use to adjust?
a. Tolerance group for employees*
b. Tolerance group for GL accounts
c. Tolerance group for Customer/Vendors*

1-342
7. What is the advantage of a park document? (1 right)
a. Dual control possible (parked document can be posted by another person)*
b. Document number can be assigned externally.
3-457
8. For these accounts, balance is transferred to retained earning account and
account is set to zero. (1 option right)
a. Balance Sheet account
b. Profit*
c. Balance Sheet account and Profit
d. Open item account
1-63
9. Your customer has acquired a foreign company. To serve the purpose of
accounting he has to assign a country chart of account. Where can he assign a
country chart of accounts? (1 right option)
a. Country chart of account can be assigned in the company code segment*
b. Country chart of account can be assigned in the chart of account segment
c. Group chart of account can be assigned to chart of account
1-75
10. These are required to set to execute the payment run? (2 right)
a. Company code*
b. Bank
c. Currency
d. Payment Method*

11. If your customer wants the branches to make the transactions, and the head
office to make the payment on behalf of the branches, where can you make these
settings?
a. Alternative payer/payee
b. Head office & branch*
1-114
12. What is the sequence of field status from high to low?
a. Hide Display Required Optional
1-66
13. What are the steps in the ASAP implementation roadmap?
a. Project Preparation Business Blueprint Realization Final Preparation Go
Live & Support


14. You are posting a GL account and while saving the transaction you get the error
Account type S not allowed. What is responsible for this?
a. Posting key
b. Account type
c. Document type*

15. What is the purchasing of stock process in an organization?
a. Purchase Req PO Goods Receipt Invoice Verification Payment*
b. Purchase Req PO Goods Receipt Dunning & Payment Billing
c. PO Purchase Req Billing Goods Receipt Dunning & Payment

16. Sales process in organization for product?
a. Incoming orders Transport Delivery Billing Dunning & Payment

17. You received a short payment against an invoice and your tolerance limit does not
allow you to make the posting. (2 right)
a. You will park the document and later a person with a higher tolerance limit
will post the document*
b. You will post the document as is to increase the tolerance limit
c. You will manually increase your tolerance limit and will post the document
d. You will post the document as a residual item with a reason code assigned*
1-344
18. You have different reporting requirements like reporting for internal auditor,
external auditor, and management?
a. You will create a different FSV for different types of reporting.*
b. You will create one FSV with different variables for different types of
reporting.
2-249
19. Features of reports:
a. Characters & key figures
3-308
20. To open a new fiscal year in asset accounting, the following two are requirements
a. You need to close fiscal year in FI*
b. You need to close the fiscal year in AA
c. You need to post the depreciation and asset balances*

3-252
21. You can post the depreciation for the following CO objects:
a. WBS element*
b. Cost Center*
c. Internal Order*
d. Profit Center
In my case they asked for, which is 2 correct and WBS option was not given, so Cost
center and Internal Order was the right answers
3-19



22. To carry out a cross-company transaction, the following is the requirement (1
right)
a. You have to use the same chart of account and fiscal year variant*
b. You have to use the same chart of account and posting period variant
c. You have to use the same chart of account and cuurency
1-11
23. The following are types of special GL transactions (3 right)?
a. Noted items*
b. Free offsetting items*
c. Automatic offsetting accounts*
3-408
24. Number of call up points provided for FI
a. Document Header
b. Document Line Item
c. Complete Document

25. One additional cost center was wrongly created in the system, your customer
wants to automate that if the entry is posted to this wrong cost center, then it
should post to the correct cost center?
a. We need to activate substation here, need to set prerequisite as a wrong cost
center and then it should be substituted by correct cost center
3-507
26. Your customer enters the wrong document. Suggest to him the possible ways of
correcting the document? (2 options right)
a. Delete the document
b. Reverse the document*
c. Reversal by negative reversal*
1-235
27. Two basic transactions that you can use to clear open items? (2 options correct)
a. Account clearing*
b. Posting with clearing*
1-312
28. When we enter V in the invoice reference field, these are used to activate the
payment terms on the:
a. Non-invoice related credit memos

X-244
29. For closing cockpit can be used as an application tool and closing process which
cases (2 options correct)
a. Task list that are derived from the task list template*
b. Closing process are documented for later checks*
2-407
2-410
30. The closing cockpit can be used as an application tool:
a. For recurring activities*
2-407
31. LVA using collective management (2 options correct):
a. Any number of assets per master record*
b. When posting check against a permissible maximum amount*
3-46
3-47
32. For netweaver what has cross integration with the various system and
applications based on: (one option right)
a. Portal
b. MDM
c. SAP BW
d. Web applications
e. XI*
Need to
verify
33. For netweaver on cross company unified master data (one option correct)
a. MDM*
b. Web application
c. Portal

34. For dunning procedure, what is required? (one option)
a. Minimum days in arrears to the number of grace days*
b. Expenses and charges
2-150
35. For using parallel accounting in asset accounting, when you define cross company
transaction in asset class, you can define:
a. 2 asset class
b. 2 depreciation areas*
c. Different chart of accounts



3-177
36. What steps to follow to settle AUC on a line item basis? (3 options correct)
a. Summary settlement not being released
b. The posting procedures settle all the line items to which distribution rule is
assigned*
c. One selects all the line items to the specified receivers*
d. Define distribution rule*
3-193
37. What all fields are used while posting an asset acquisition?
a. Document type
b. Transaction type*
c. Asset master
3-106
38. What does HIDE and REQUIRED do?
a. Causes an error*
1
39. How can we prevent the duplication of accounts? (2 options correct)
a. Using match codes*
b. Using vendor invoice comparison
c. Activate automatic duplication check*
1
40. What are types of transfers?
a. Intracompany transfers*
b. Intercompany transfers*
3-173
41. Using reports can consist of different characteristics in an application
a. Report report interface*
3-
42. Various options are available for creating value adjustments for receivables (3
options correct)
a. ?? as a special g/l transaction*
b. Flat rate individual value adjustments*
c. Expense from flat rate value adjustments to value adjustments*

2-310
43. Define financial statement (2 options correct)
a. Enter it in the directory of FS versions*
b. Define hierarchy levels and assign accounts*

2-250
44. When a customer invoice is posted, which elements are required to be
completed?
a. Company code and chart of accounts
b. Chart of accounts and sales area
c. Company code and sales area*
1-101
45. Where is a vendor account number defined
a. Client level*
b. Company code level
c. Both at client and company code level
d. Company code and purchase area
1-102
46. What are the advantages of Payment medium work bench (3 options right)
a. Formats can be changed without making modifications*
b. New formats can be created without any programming*
c. Better sort options for advice notes*
2-100
47. If only a cost accounting section is defined in new G/L, what additional sections or
fields can be used:
a. Cost Center, consolidation, business area, profit center, segments*
b. Cost Center, consolidation, business area, profit center, tax accounts
c. Cost Center, consolidation, business area, profit center, divisions
2-
48. To make a setting for profit center update, what will you do?
a. Assign the profit center update scenario to Ledger*
b. Create additional non-leading ledger
2
49. To allow some entry to be made (I dont remember the question, but option was
to allow/activate that in the field status field and only one answer was correct

50. Your customer wants to close the fiscal year, what are the activity to be carried?
a. Carry forward balance*
b. Run balance sheet evaluation option
2-243
51. Functions of fiscal year variant
a. Posting periods (16 normal periods and special periods)*
b. Opening periods
c. Posting periods (56 normal and special periods)
d. Controlling/managing (special periods and day to day periods)
1-
52. Non invoice related credit memo is raised and payment term 30 days is entered
without writing V in reference field and writing invoice reference
a. Its a valid transaction
b. Its a invalid transaction*
c. Transaction will be blocked
1-244
53. Field which is filled automatically (dont remember full question) update after
selecting the sort field
a. Document type
b. Assignment/reference*
c. Amount
1-316
54. Advantages of Schedule manager
55. If real time integration of CO-FI is made, which scenarios will create the FI
document (2 options correct)
a. Creation of CO document
b. Assessment of 2 cost centers of chart of accounts*
c. Test run for settlement of depreciation of AuC in the G/L a/c
d. Distribution of assessment of cost center in costing*

56. What is the advantage of posting a down payment to special g/l account?
a. Can see the entry in appendix
b. A separate reconciliation account is used separate from normal posting*
c. Down payment request is managed
d. Down payment automatic clearing is done
3-438
57. When is an FI document been created?

a. PO
b. Purchase requisition
c. Invoice received*
d. Valuated Goods receipt*

58. What does depreciation area define:
a. Posting to a G/L account??


3-211
59. If vendor is also a customer or vice versa, the payment program can clear the
open items against each other, state the steps
a. Enter vendor account number in customer account or vice versa*
b. Select clearing with vendor field in customer account or corresponding field in
vendor account*

60. What type of dunning lists are available:
a. Blocked accounts*
b. Blocked line items*
c. Sales Statistics
2-189

61. Functions of regrouping
a. Sorts receivables and payables account according to remaining life*
b. Makes adjustment postings
c. Settles the changed reconciliation accounts*??
d. Corrects the bad debts and credit checks*??
2-321
62. Need to find foreign currency valuation:
a. Define valuation method*
b. Define valuation area*
2-290
63. To perform automatic flat rate individual value adjustments:
a. Valuation adjustment key*
b. Appropriate adjustment and bad debts and expense account/you carry out
valuation run
c. IVA
d. Adjust the flat rate value
2-312
64. Benefits or accrual engine
a. Automatic calculation of accruals
b. Supports parallel reporting
c. Automatic periodic postings
??
2-353
65. Closing activity of accrual engine
a. Reconciliation*
b. Balance Carry Forward*

2-355

66. For taking customer complaints, your customer gives credit memos, which
accounts are affected (check answer for this question)
a. Receivables and expense
b. Payables and expense
c. Receivables and revenue*
d. Payables and revenue
2-355
67. To use segment reporting, what is needed?
a. Activate new G/L*
b. Use post 2005 version


68. It supports people, place, etc, integration
a. Netweaver
b. Portal*
c. XI

69. What are the characteristics considered when one creates a variant can be
made Required, Hide, deleted, highlighted

70. Some question came on Account type definition as in what can be achieved by
defining account type

71. What is an interactive function provided by SAP list viewer?
a. Can create a subtotal for predefined area for specific value*
b. Mass change*
c. Report report interface
3-320/265
72. During the preparation for yearend close in asset accounting, what is considered?
(check answer)??
a. Depreciation and asset balances are posted in full
b. The earliest you can start this program is in the last posting period of the
current year
c. You can only process a fiscal year change to a subsequent year if the previous
has been closed for financial purposes
d. You can only process a fiscal year change to a subsequent year if the previous
has been closed for asset accounting


3-252
73. What are the life cycle phases of solution manager?
a. Implementation
b. Optimizations
c. Operations

74. A customer has 2 business types, products and services. We invoiced for products
as well as services. How are the dunning notices to be sent for the different
business areas?
a. Dunning area*
b. Dunning key
c. Different dunning run
d. Dunning block

75. One question was asked about SAP web as well.






























Page Question
B1-1 Basic
Settings,
Pg11
To carry out cross company transaction following the requirement
(1 correct)
a) -have to use same chart of account & fiscal year variant
b) -have to use same chart of account & posting period variant
c) -have to use same chart of account & currency
B1-2 Master
Data,
Pg63
For these account, balance is transferred to retain earning account
& account is set to zero (1 option right)
a) -balance sheet account
b) -Profit
c) -Balance sheet account & profit
d) -open item account
B1-2 Master
Data,
Pg66
Sequence of field status from high to low
hide-display-required-optional
B1-2 Master
Data,
Pg76
Your customer has acquired foreign company, to serve the
purpose of accounting he has to assign country chart of
account, where he can assign country chart of account
a) country chart of account can be assigned in the company code
segment
b) country chart of account can be assign in the chart of account
segment
c) Group chart of account can be assign to chart of account
B1-2 Master
Data,
Pg101
When a customer invoice is posted, which elements are required
to be completed?
a) -company code and chart of accounts.
b) -charts of accounts and sales area.
c) -company codes and sales area.
B1-2 Master
Data,
Pg102
Where is vendor account number defined
a) -client level
b) -company code level
c) -both at client and company code level
d) -company code and purchase area.
B1-2 Master
Record,
Pg112
If vendor is a customer or vice versa, the payment program can
clear the open items against each other, state the steps
Enter vendor account number in customer account or vice versa
select clearing with vendor field in customer account or
corresponding field in vendor account.
B1-2 Master
Data,
If your customer wants, branches making the transaction & head
office making payments on behalf of branches, where can do
Pg114 these setting
a) -alternative payer/payee
b) -Head office & branches
B1-3
Docume
nt
Control,
Pg135
Doucment can contain maximum line items
a) -999
b) -9(x)
c) -99(x)
d) -unlimited(x)
B1-4 Posting
Control,
Pg235
Your customer enter the wrong document, suggest him the
possible ways of correcting document. (2 option correct)
a) -delete the document(x)
b) -reserve the document
c) -reserve by negative reversal
B1-4 Posting
Control,
Pg244
When we enter v in the invoice reference field, these are used
to activate the payment terms on the
Non-invoice related credit memos
B1-4 Posting
Control,
Pg244
Non invoice related credit memo is raised and payment term 30
days in entered, without writing V in reference field and
writing invoice reference
a) -its a valid transaction
b) -its invalid transaction
c) -traction will be blocked


B1-4 Posting
Control,
Pg286
Type of cross company transaction. (2 right option)
-central procurement
-central payment
B1-4 Posting
Control,
Pg287
While posting expenses in cross company transaction, treatment of
tax posting.
-while posting common expense in cross company, tax has to be
distributed manually in all companies.

B1-5
Clearing,
Pg316
Field which is filled automatically (dont remember the full
question) //update a files selecting the sort field.
a) -document type
b) -Assignment /reference
c) -amount
B1-5 Customer want to adjust a slight change in posting an incoming
Clearing,
Pg342
payment what option they have to use to adjust (2options)
a) -Tolerance group for employee
b) -tolerance group of G/L
c) -Tolerance group of Customer /vender
B1-Cash
Journal,
Pg362
Cash Journal can used to post following objects
a) -Asset master(x)
b) -Customer
c) -Material master(x)
d) -One Time Customer

B1-1 Basic
Settings,
To make setting for profit centre update what you will do??
a) -assign the profit centre update scenario to ledger
b) -create additional non leading ledger
B1-1 Basic
Settings,
Function of fiscal year variant 2 correct
a) -positing period (16 normal periods and special periods)
b) -opening records(x)
c) -posting periods (56 normal and special periods) (x)
d) -controlling/managing (special periods and day to day periods) (x)
B1-1 Basic
Settings,
To use segment reporting what is needed?
a) -activate new G/L
b) -use post 2005 version
B1-4 Posting
Control,
If real time integration of CO-FI is made which scenario will create
the FI document (2 correct option)
a) -Create of CO documents
b) -assessment of 2 cost centres of chart of accounts
c) -test run for settlement of depreciation of AUC in the G/L acc.
d) -Distribution of assessment of cost centre in costing.
B1-5
Clearing,
Pg
Two basic transaction that you can use to clear open items
-Account clearing
-posting with clearing
You received short payment against invoice & your tolerance limit
is not allows you to make posting (2 correct options)
a) -You will park the document & later the person with higher
tolerance limit will post the document
b) You will post the document as it to increase the tolerance limit.
c) You will manully increase tolerance limit & will post the document.
d) -You will post the document as residual item with the reason code
assign.
Hide and error required causes
-ERROR
How can one prevent duplication of accounts? (2 correct option)
1. -Using match codes
2. -using vendor invoice comparison
3. -Activate automatic duplication check
If only a cost accounting session is defined in new GL, what
additional/all sections or fields can be used
a) -cost centre, consolidation, business area, profit centre, segments
b) -cost centre, consolidation, business area, profit centre, tax
accounts
c) -cost centre, tax accounts, business area, profit centre, divisions
When is a FI document been created
a) -PO
b) -Purchase requisition
c) -invoice received
d) -valuation goods receipt


B2-2, Auto
Payment
pg100
What are the advantages of Payment Medium Workbench
-uniformity
-format can be easily changed
-New formats can be created
B2-, Auto
Payment
Pg100
What are the advantages of Payment Medium Workbench
(PMW)? (3 correct option)
-Formats can be changed without making modification
-New format can be created without any programming
-Better sort options for advise notes
B2-3, Auto
Dunning
pg150
For dunning procedure, what is required?
a) -minimum days in arrears to the no of grace day
b) -expenses and charges
B2-3, Auto
Dunning
pg189
What are the dunning list are available?
-dunning statistics
-dunning list
-blocked accounts
-blocked line items
-dunning history
B2-3, Auto
Payment

These are required to set to execute the payment run.
a) -company code
b) -bank during config under environement
c) -currency during config under environement
d) -payment method
B2-5, Closing
Process
pg243
Your customer wants to close the fiscal year, what is the activity
to be carried out??
-balance carry forward

B2-6,
Financial
Stateme
nts
pg249
You have diff reporting requirement like reporting for internal
audit, external audit and management
-you will have to create different FSV for different types of
reporting.
B2-6,
Financial
Stateme
nts
pg250
Define Financial Statement
-Enter it in the directory of financial statement versions
-Define hierarchy levels and assign accounts
B2-7,
Receivab
les &
Payables
pg290
Need to find foreign currency valuation
-define valuation method
-define valuation area
B2-7,
Receivab
les &
Payables
pg310
Various option available for creating value adjustment for
receivable
-enter Individual value adjustment (IVA) as special G/L transaction E
-use program SAPF107V Additional Valuations to carry out a IVA
-Expenses from flat-rate value adjustment to value adjustment
B2-7,
Receivab
les &
Payables
pg312
To perform automatic flat rate individual value adjustment
a) assign valuation adjustment key
b) Carry out valuation run to calculate bad debts expenses poring for
overdue items.
B2-7,
Receivab
les &
Payables
pg321
Function of regrouping
a) -sort variable and payable acc to remaining life
b) -make adjustment posting
c) -settles the changed reconciliation accounts
d) -corrects the bad debts and credit checks
B2-8,
Accrual
&
Deferral
s
pg353
Benefits of accrual Engine
-Automatic calculation of accurals
-Automatic periodic postings
-Simulation
-Support Parallel reporting
-Extensive Information System
-Application components are delivered by SAP and do not have to
be created by the customer
B2-8,
Accrual
&
Deferral
s
pg353
Closing activity of accrual engine
-Reconciliation: Accrual Engine/General Ledger
-Balance carry forward

B2-8,
Accrual
&
Deferral
s
Pg355
For taking customer complains, your customer give credit memos
which account are affected
a) -receivable and expense
b) -payables and expense
c) -receivable and revenue
d) -payable and revenue
B2-10,
Financial
Closing
Cockpit
pg407
The closing cockpit can be used as an application tool and closing
process which cases (2 option)
-Task list that are derived from the task list template
-Closing process are documented for later checks
B2-10,
Financial
Closing
Cockpit
pg410
For closing cockpit can be used as an application tool
For recurring entries

B2 Advantages of schedule manager??



B3-1,
Organisa
tion
structure
Pg19
You can post the depreciation for the following CO objects
-Cost centre
-internal order
-WBS element
-Real Estate object
-Object from Public Sector Management
B3-2, Master
Data
Pg46/47
LVA using collective management (2 options correct)
-any no of assets per master record
-when posting: check against a permissible maximum amount
B3-3, Asset
Transacti
on
Pg98
Possible way of posting assets acquisition
a) -by MM
b) -by accounts payable
c) -by clearing
d) -by cash journal
B3-3, Asset
Transacti
on
Pg106
What all fields are used while posting an asset acquisition?
a) -document type
b) -transaction type
c) -asset master
B3- Asset
Transacti
on
Pg173
Two types of transfer?
-intercompany
-intracompany

B3- Asset
Transacti
on
Pg177
For using parallel accounting in asset accounting, when do you
define cross company transaction in asset class you can
define?
a) -2 assets class
b) -2 depreciation values
c) -different chart of accounts
B3-3, Asset
Transacti
on
Pg193
What step to follow to settle AUC on a line item basis (3 correct
options)
a) -Summary Settlement not being released
b) -The posting procedure settles all the line items to which
distribution rule is assigned.
c) -one select all the line items to the specified receivers
d) -define distribution rules
B3-3, Asset
Transacti
What does depreciation area define?
-management of value, revaluation, control of posting duplication
on
Pg211
key


B3-4
Periodic
Processi
ng &
Valuatio
n
Pg252
During the year-end closing (in asset accounting)- preparation what
is considered
a) -depreciation and asset balance is posted in full
b) -the earliest you can start this program is in the last posting
period of the current year
c) -you can only process a fiscal year change to a subsequence year
if the previous has been closed for financial purpose.
d) -you can only process a fiscal year change to a subsequence year if
the previous has been closed for asset accounting.
B3-4,
Periodic
Processi
ng &
Valuatio
n
Pg252
To open a new fiscal year in Asset Accounting, following 2 are
required.
-need to close fiscal year in FI
-need to post the depreciation and asset balance
B3-7, List
Viewer
Pg320
What is interactive function provided by SAP list viewer
a) can create subtotal for predefined area for specified value
b) mass change
c) report-report interface
B3-7, List
Viewer
Pg333
Assignment field & reference field get filled up automatically.
a) -True
b) -False
B3-9, Special
G/L
transacti
on
Pg408
Following are types of Special G/L Transaction
-Automatic offsetting entries (statistical)
-Noted item
-Free offsetting entries
B3-9, Special
G/L
transacti
on
Pg438
What is the advantage of posting a down payment to a special GL
account?
a) -can see the entry in appendix
b) -separate reconciliation account is used separate from normal
posting
c) -down payment is request is managed
d) -down payment automatic is done
B3-10,
Parking
Advantages of parking documents
Docume
nts
Pg457
a) Dual control principle (park document can be post by other
person)
b) document number can be assign externally
B3-11,
Substitut
ion
Validatio
n
Pg507
No of call up points provided for FI
document header
document line
complete document
B3-11,
Substitut
ion
Validatio
n
Pg530
One additional cost centre was wrongly created in the system, our
customer wants to automate that if the entry is posted to this
wrong cost centre, then it should post to correct cost centre
we need to activate substitution here, need to set prerequisite as a
wrong cost centre & then it should be substituted by correct cost
centre.

B3, Using report you can consists of different characteristic in an
application
-Report report interface
B3, Features of reports
-characteristic & key figures


E-learning Question
Steps in implementation roadmaps
Project preparation, blueprint, realisation, Final preparation, Go-live &
support

For netweaver what has cross integration with the various system and
application (1 option correct) based on
a) Portal
b) MDM
c) SAP BW
d) Web application
e) XI

For netweaver on cross company unified master data (only 1 option
correct)
a) MDM
b) Web application
c) Portal
d) XI

(Netweaver question) Its support people, places etc integration
a) Netweaver
b) Portal
c) XI

What are the life cycle phases of solution manager?
implementation
optimization
operation

Neha Question
1. Customer segments for decentralized accounting:
a) Company code and general data
b) Company code, general data and sales area
c) Company code, general data and purchase organisation
d) Chart of accounts, sales area and company code

2. Features of PMW:
1. Uniformity
2. Formats can be easily changed without much modifications
(I dont remember all the options, but these 2 were the correct
ones)

3. Four types of tasks in task plan can be defined as:
Program with or without variant
Notes
Transaction
(I dont remember the 4th option, but these 3 were the right
answers)

4.Dunning procedure contains:
1. Dunning level and dunning language
2. Dunning level and dunning charges
( I dont remember all the options, but the question was on
Dunning procedure contents)

5. Advantages of accrual engine :
1. Simulation
2. Automatic calculation of accruals
3. Supports parallel reporting
(I dont remember the 4th option, but these 3 were the right
answers)

6.The Web-as application consists of:
1. ABAP
2. J2EE




Question
1. What are the major benefits of closing cockpit?
a) Enable to use task list
b) Close the posting period automatically
c) Legacy data transfer
d) Provide complete document on the activities

2. What could be the reason line item settlement doesnt work?
a) AUC has been released
b) No settlement profile assign to cc
c) Settlement profile doesnt allow
d) Status of AUC is set to summary management

3. Which does an assets class apply?
a) All CC in an instance
b) All CC within client share the same COA
c) All cc in a client
d) All CC in controlling area

4. Which are mandatory activities to close the book?
a) Run balance sheet open item analysis
b) Run the carry forward
c) Run the planning and budgeting
d) Run fiscal year change in AA

5. What do you do to Valuation of AR that is posted in foreign
currency?
Run foreign currency valuation program

6. Which are the objects when posting an asset acquisition against
vendor?