Professional Documents
Culture Documents
I passed my SAP FI certification ECC 6.0. I want to thank each one of them in the group
for their support.
People who are going to attend the certification exam kindly concentrate on the TFIN50 and
TFIN52
“But one thing I can say if you are through with syllabus 'YOU' can easily pass”.
Take the certification date only once you finish one round of study of all books.
• Single answer questions {SAQ will be around 10 - 15 questions and remaining will be
True/False}
• A statement will be given. Based on that 4 to 6 options. You have to select each option is
True or False.
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, to bring value through extending the Internet Revolution.
c) [ ] The internet has driven to a collaborative environment where value is created through
collaboration within business comunities.
d) [ ] In the first the companies were looking at Cost reduction and efficiency through
integration of business comunities.
2. About the definition of ERP and e-business functionalities, we can say that (Note: we can have
more than one correct sentence. Please select the sentences you think they are correct):
a) [ ] ERP offers enterprise centric functionality (general ledger, payroll, order entry) to
integrate core, internal processes.
b) [ ] ERP is mySAP Financials and mySAP HR.
c) [ ] ERP is SAP R/3, while e-business is mySAP.com.
d) [ ] About Business Model, ERP can be considered as enterprise centric and e-business, as
extended and collaborative.
e) [ ] About Architecture, ERP can be considered as an integrated system and e-business, as an
integrated system and an open integration platform.
f) [ ] About Processes, ERP can have them integrated, core within enterprises and collaborative,
beyond company boundaries.
4. About BAPI (Business Application Programming Interface), what is true (Note: we can have
more than one correct sentence. Please select the sentences you think they are correct)?
5. What can we say about ALE (Application Link Enabling, Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
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
accounting purposes.
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.
7.1. The variant principle is a three-step method used in R/3 to assign special properties to one or
more R/3 objects.
7.2. One of the disadvantages to use variants is that it can't deal with the maintenance of
properties, which are common among several business objects.
7.3. For using the variant principle, you must define the variant, populate it with values and
assign it to the R/3 objects.
7.4. This principle is used for Fiscal Years, Posting Periods and so on.
8.1. A fiscal year has to be defined by means of separating business transactions into different
periods.
8.2. Special periods are used for postings, which are related to the process of the year-end
closing. In total, 16 special periods can be used.
8.3. The Fiscal Year variant only defines the amount of periods and their start and finish dates.
8.4. The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.
9. What is an independent fiscal year variant (Please choose the correct sentence)?
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 periods always 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.
10.1. The currency code identifies each currrency that will be used into R/3 system.
10.2. You have to define all the worldÂ’s currency into R/3 system
10.3. Exchange rate types distinguishes the exchange rates to be considered for various purposes,
such as valuation, translation, conversion, planning, etc.
Which of them is true (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)?
a) [ ] 10.1.
b) [ ] 10.2.
c) [ ] 10.3.
d) [ ] none of them.
e) [ ] all of them.
a) [ ] 12.1.
b) [ ] 12.2.
c) [ ] 12.3.
d) [ ] none of them.
e) [ ] all of them.
14. What of these alternatives are considered master data (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
a) [ ] Chart of Accounts.
b) [ ] G/L Accounts.
c) [ ] Vendor.
d) [ ] Customer.
e) [ ] Asset.
15. What 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)?
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.
16. Consider the following sentences about the chart of accounts segment:
16.1. It contains the Company Code, Account number and the field status group.
16.2. Whenever you need to enter information for a company code for an account number, you
have to type again the information related to chart of accounts segment.
16.3. Texts can be displayed using the program “Account assignment manual”(RFSKTH00).
16.4. Key words facilitate the search for account numbers.
Which of these combinations are false (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)?
a) [ ] 16.1.
b) [ ] 16.2.
c) [ ] 16.3.
d) [ ] 16.4.
e) [ ] none of them.
17.2. For P+L statement accounts, the balance is carried forward to the same account.
a) [ ] True b) [ ] False
17.3. In the chart of accounts segment, it is necessary to indicate whether the account will be a
balance sheet or a profit+loss statement account.
a) [ ] True b) [ ] False
17.4. Number intervals for G/L account master records can overlap.
a) [ ] True b) [ ] False
Which of the options below matches the blank spaces of those sentences?
Which of the options below matches the blank spaces of those sentences?
Answers:
1. C
2. A, C, D, E.
3. D
4. A, B, C, D, E.
5. B, D, E.
6. A
7. D
In fact, the main advantage of using variants is that it is easier to
maintain properties, which are common among several business objects.
8. B
9. C
10. A, C.
Most of the world’s currencies are already defined into R/3 system.
11. B
Be careful: A base currency can only be used for an average rate, not for a selling or a buying
rate.
12. A
13. E
14. B, C, D, E.
A chart of accounts is a variant, which contains the structure and the basic information about
general ledger accounts.
15. A, B, D, E.
16. A, B.
17. True or false:
17.1. True.
17.2. False. For P+L statement accounts the balance is carried forward to a retained earnings
account and the P+L statement account is set to zero.
17.3. True.
17.4. True.
17.5. False. It is possible to influence the appearance of an account’s master data using the field
status.
18. D
19. D
20. E
Question:
Which of the following statements are correct?
A More than one chart of accounts can be created for each client
B The chart of accounts contains all the G/L accounts, vendor accounts and customer accounts
C More than one company code can be allocated to the same chart of accounts
D The chart of accounts controls all the customising settings in the R/3 system
E All accounts within a chart of accounts must have the same tax code
Question:
What status reports does Cash Management and forecasting include?
Question:
Which of the following are clearing procedures in accounts receivable?
A. Incoming payment
B. Down payment request
C. Credit memo
D. Transfer posting
Question:
When creating an Overhead Cost Order, the first order information which must be entered
is:
A. Order status
B. Order type
C. Settlement type
D. Curreny
E. Classification code
Question:
When creating an Overhead Cost Order, the settlement rule must be entered in the control
data.
Which settlement receivers are available for internal orders?
A. Cost center
B. Orders
C. General ledger accounts
D. Asset
E. Vendor
Question:
In Controlling, a distinction is made between master data, planning, actual data and the
information system.
Which of the following master data belongs to Controlling?
A. G/L account
B. Work center
C. Cost center
D. Activity type
E. Supplier
Question:
Withing Overhead Cost Controlling activities are calculated. A Sender/Receiver
relationship exists. However, not all Sender/Receiver combinations are allowed.
Which of the following combinations make business sense?
Question:
Period closing activities are also performed in Controlling. This is dependent on certain
prerequisites. Which of the following are MINIMUM criteria before it makes sense to
carry out period closing?
a) [ ] P+L Statement.
b) [ ] Reconciliation.
c) [ ] Revenue.
d) [ ] Material Stock.
e) [ ] Tax.
2.1. Accounts with open item management must have line item display activated.
2.2. You can activate or deactivate open item management everytime, even if the account
hasnÂ’t a zero balance.
2.3. You can select both local and foreign currencies as account currency.
2.4. If the account is the local currency, the account can only be posted to this currency.
2.5. When using the “Only Balances in Local Currency” indicator in the master data record,
transaction figures 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 select the sentences you think they are correct)?
a) [ ] 2.1.
b) [ ] 2.2.
c) [ ] 2.3.
d) [ ] 2.4.
e) [ ] 2.5.
3. True or false?
3.1. The “Only Balances in Local Currency” indicator must not be set in reconciliation accounts
for customers or vendors.
a) [ ] True. b) [ ] False.
3.2. The “Only Balances in Local Currency” indicator is usually set in balance sheet accounts
that are not managed in foreign currencies and not managed on an open item basis.
a) [ ] True. b) [ ] False.
3.3. Accounts with a foreign currency as an account currency can be posted to any currency.
a) [ ] True. b) [ ] False.
3.4. You can use a group chart of accounts for internal purposes.
a) [ ] True. b) [ ] False.
3.5. The usage of a financial statement version for the group chart of accounts is optional.
a) [ ] True. b) [ ] False.
4. What 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 could have 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 acounts segment of the
operational account.
5.1. You cannot use the country chart of accounts if you desire to use the cross-company code
controlling.
5.2. The disadvantage of using country chart of accounts is the accounting clerks who may be
familiar with the country chart of accounts first have to get used to using the operational chart of
accounts.
5.3. Reconciliation accounts are updated on a daily basis.
6. Which are the segments of the SD view of the customer account master data (Note: we can
have more than one correct sentence. Please select the sentences you think they are correct)?
a) [ ] Client.
b) [ ] Company Code.
c) [ ] Controlling Area.
d) [ ] Sales Area.
e) [ ] Purchasing Organization.
7. Which are the segments of the MM view of the customer account master data (Note: we can
have more than one correct sentence. Please select the sentences you think they are correct)?
a) [ ] Client.
b) [ ] Company Code.
c) [ ] Controlling Area.
d) [ ] Sales Area.
e) [ ] Purchasing Organization.
8. What is the segment that makes complete both customer and vendor accounts (Please choose
the correct sentence)?
a) [ ] Client.
b) [ ] Company Code.
c) [ ] Controlling Area.
d) [ ] Sales Area.
e) [ ] Purchasing Organization.
9. What characteristics are configured as standard for every customer/vendor account (Note: we
can have more than one correct sentence. Please select the sentences you think they are correct)?
Which of the above statements are true (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)?
a) [ ] 10.1.
b) [ ] 10.2.
c) [ ] 10.3.
d) [ ] 10.4.
e) [ ] 10.5.
11.1. For every bank that is used in the system (for example, as a house bank or as a
customer/vendor bank) you have to create a bank master record.
a) [ ] True. b) [ ] False.
11.2. Banks that are used by your company are defined as house banks.a) [ ] True. b) [ ] False.
11.3. You cannot create bank master data when entering bank information in the customer or
vendor master record.
a) [ ] True. b) [ ] False.
11.4. Bank Account and G/L Account are the same master data object.
a) [ ] True. b) [ ] False.
11.5. Customers that use the lockbox function can create a batch input session that automatically
updates customer banking information in the master record.
a) [ ] True. b) [ ] False.
12.1. The system can assign the document numbers or the user can assign
the number during document entry.
12.1. A business transaction creates only one document.
12.3. Document types are defined at company code level.
12.4. Number ranges for document numbers and account types defined for postings are defined
by the document types.
12.5. Document types also define whether invoices are posted with the net procedure.
13. What do the posting keys specify (Note: we can have more than one correct sentence. Please
select the sentences you think they are correct)?
14.1. A company code must be assigned to a posting period variant to have the control for
posting periods.
14.2.‘+’ symbol represents all account types in the posting period customizing screen.
14.3. The account interval in the posting period customizing screen can be both G/L and
subledger accounts.
14.4. The maximum amounts are defined per company code in “tolerance groups”.
14.5. It is not possible to assign tolerance groups to user logon ID’s.
15. What fields of a FI Document Header section can be changed after a document has already
been posted (Note: we can have more than one correct sentence. Please select the sentences you
think they are correct)?
a) [ ] Fiscal Year.
b) [ ] Reference Number.
c) [ ] Text fields.
d) [ ] Header text.
e) [ ] Posting date.
16. About the change control, what conditions below are applicable (Note: we can have more
than one correct sentence. Please select the sentences you think they are correct)?
16.1. The posting period is already closed.
16.2. The line item is not yet cleared.
16.3. The document is a credit memo for an invoice.
16.4. The document is not a credit memo from a down payment.
16.5. The line item is either a debit in a customer account or a credit in a vendor account.
a) [ ] 16.1.
b) [ ] 16.2.
c) [ ] 16.3.
d) [ ] 16.4.
e) [ ] 16.5.
17. What are the prerequisites to enable negative postings (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
18. What is the purpose of the terms of payment (Please choose the correct sentence)?
19.1. Terms of payments are copied from invoice to credit memos when they are linked to.
19.2. Inserting a “V” in the invoice reference field during document entry means the terms of
payment are activated in the
non-invoice-related credit memos.
19.3. The account type field in terms of payment basic data screen should be defined separately,
to prevent any done change in the term of payment.
19.4. The system cannot define the splitment of an installment payment, at least you define it in
the terms of payment.
19.5. The day limits define the dates of the cash discount periods.
Which of the statements above is false (Please choose the correct sentence)?
a) [ ] 19.1.
b) [ ] 19.2.
c) [ ] 19.3.
d) [ ] 19.4.
e) [ ] 19.5.
Answers:
1. B, C, D, E.
2. A, C, E.
3. True or false:
3.1. True.
3.2. True.
3.3. False. Accounts with a foreign currency as an account currency can only be posted to in this
foreign currency.
3.4. True.
3.5. False. You must use a financial statement version for the group chart of accounts.
4. C.
Item “a” is related to Collective Processing for G;L Accounts Master Data.
Item “b” is not true for the R/3 system concept. If the account currency is the local currency, the
account can be posted to in any currency.
Item “d” and “e” are some actions to be done for using group chart of accounts, so, they are not
the disadvantage.
5. B.
In fact, since all company codes use the same operational chart of accounts for postings, you can
carry out cross-company code controlling. About Reconciliation accounts, they are updated
realtime.
6. A, D.
7. A, E.
8. B.
9. A, D.
10. B, C, D.
11.1. True.
11.2. True.
11.3. False. In fact, we can create bank master data when entering bank
information in the customer or vendor master record.
11.4. False. Each bank account is reflected in the SAP System by a combination of house bank
ID and account ID. This combination is entered in a G/L account that represents the bank
accounting the general ledger.
11.5. True.
12. A.
13. A, B, C, E.
14. D.
15. B, C.
16. B, D, E.
17. A, B, C.
18. A.
19. E.
The day limits are used to store several versions of terms of payment under the same terms of
payment key.
A COA must be aasigned to a company code. This COA is the operative COA and is used in
both FI and CO. One Chart of Account can be assigned to many Company codes i.e., Multiple
company codes can either share the same or have separate COA. But a company code (Country
specific Company code or International Company code) can have a country specific COA also
along with Operative COA. The link between the regular COA and the country COA appears in
the alternate number field of the G/L master record.
Eg: If a company's subdidiaries are located in both US & Mexico. We need to configure 2
Company codes - one for US and another for Mexico,for eg U100 and M100. The same way we
create 2 COA's one for US & one for Mexico, USCA and MXCA. Mexico has different govt
reporting requirements than the US so we will need to define a company code specific to
Country Mexico and also create a country specific COA to be used, in addition to normal COA.
In tcode OBY6(Comp Code Global Parameters) of CC M100 we define normal COA i.e.,USCA
in Chart of Accounts field and MXCA in Country Chart/Accts field.
What are document types and what are they used for?
Document type is the identifier of differentt account transactions like SA for G/L,AA for Asset
Accounting etc.The doc. Types controls things like type of the account that can be posted to, the
number range assigned to it, and required doc header fields.
What are posting keys? State the purpose of defining posting keys?
Posting keys determine whether a line item entry is a debit or a credit as well as the possible field
status for the transaction. Posting keys are SAP delivered. If u want changes like making
additional fields optional on payment type posting keys then the best possible action is to copy
the posting key that needs to be modified and then modify it.
Answer: fb50,f-02 and others could be used for adjustments. These adjustments are to correct
any financial representation that has already been booked into the accounts.
Answer: If you have a GRN against these materials, then the same can be return delivered. An
appropriate movement type needs to be configured for the same. As for the payment, raise a
credit note on the vendor.
* Using Debit Memo you can get the money for defective 3 units. *-- Gnan Eswari
Q.3-We always copy company code or we can create manually also? If possible give
reasons also.
Answer: There are loads of tables that get copied over when copying co codes. This might be
incomplete in a manual copy, and hence the manual route is not advisable.
Q.5-Suppose in 2004 I have depreciation key 'AB&in 2005 depreciation key I have changed
to"CD". In what way my balances would be affected like balances of
depreciation,accumulated depreciation,assets etc.
Answer: The difference in the depreciation that is posted already, and what should be posted
with historical effect will be posted in the current accounting period.
Q.6 How many chart of accounts can be assigned to company code we can assign company
code to chart of account through OB62? Now my question is in what way we can assign
three types of chart of account to company code in one transaction code (I might be wrong
plz correct me)
Answer: Three, although the group and country chart of accounts are optional. The group chart
of accounts is assigned to the
operational chart of accounts, and the only mandatory CoA is the Operational CoA.
Answer: As many FSVs as you want can be assigned to the co code i.e. 1:n as of Co Code: FSV.
I have created Company Code and all other configuration related to the CCode. Also in
MM I have created purchase order, created vendor, material etc. I couldn't activate the PO
due to the following error messages in red:
I have assigned controlling area to company code and I could see the controlling area in
existance via master file and gl verification.
In Controlling --> General Controlling --> Maintain Controlling Area --> Maintain Controlling
Area --> Activate Components/Control Indicators --> You need to check if you want to activate
the order management/activity based costing/commitment management etc.
3. Identify the correct statement(s) relating to how the main business processes are
integrated in the SAP R/3 System. ( Multi Choice)
B. A goods receipt is the recording of the movement of materials into the warehouse. In SAP, a
financial document which updates the inventory account and an accrued liability account is
created
C. The Invoice receipt and verification process compares the vendor invoice with the purchase
order and goods receipt. However, the corresponding financial transaction must be entered
through the financial module of R/3.
D. In SAP, payment processing reduces the liability to a vendor and a company’s cash balance,
records discounts taken and disburses payment.
E. A customer delivery is the transfer of the ownership of goods. A customer delivery includes,
creation of a delivery document, picking the goods for shipment; physically transferring the
goods to the customer and financially recording the goods issue.
4. Identify the correct statement(s) regarding organizational elements within the R/3
System. ( Multi Choice)
A. The Sales area combines the sales organization, distribution channel, and division.
B. The Purchasing Organization is responsible for the purchasing for the only one plant.
C. A plant is a location in which inventory quantities and values are stored or manufactured.
D. A Controlling area can comprise several company codes using different chart of accounts but
must operate in the same currency.
E. A profit center is used to generate income statements and operating profit statements.
B. The term “client dependent” refers to tables or data that relate only to the client which was
accessed during the log on process.
C. Due to the integrated nature of SAP, there are certain core organization element that cut
across the modules. Client and company code are two of these core elements.
D. To determine the number of clients required, the focus is placed on data access and sharing
strategies.
C. A controlling area and a company code must have the same local currency.
D. A business area and a company code are assigned to each other in the corporate structure IMG
7. Identify the correct statements relating to the Implementation Guide( Multi Choice)
A. When creating a project in the IMG, the application areas and countries are selected from the
Enterprise IMG
B. The number of implementation activities can be reduced by creating Project IMG views, such
as a view for “mandatory activities”
C. The Project IMG must include all customizing activities for all R/3 applications.
D. The SAP Reference IMG is generated for the application modules to be implemented in a
company and for the different countries
E. Customizing transactions can be accessed from the SAP Reference IMG, Project IMG and the
Project views.
B. Roles contain a collection of activities that a user who is assigned to this role can execute
C. Roles represent a range of executable functions in a company that users can assign themselves
to
D. The authorizations required to execute the assigned functions are automatically linked to roles
A. The Workplace contains role-based navigation options for R/3 transactions, reports, and other
links to various systems.
C. The Workplace contains role-specific information and role-based access to the Marketplace.
D. The Workplace is used exclusively as a LaunchPad for Employee Self Service with
information for employees.
A. MiniApps are small applications that are started automatically when the Workplace is called.
B. Miniapps are small applications that can be called from the Workplace.
C. MiniApps are small applications that communicate continuously with the implemented SAP
products
D. MiniApps are Java Applets that are loaded from the Workplace to the user client.
E. MiniApps are role-specific applications that can contain more activity options.
11. What system tool allows you to add graphics, re-arrange fields, add pushbuttons and
change input fields into radio buttons?(Single)
A. GuiXT
B. GuiCapture
C. SAPGui
D. SAPShow
E. Profile Generator
B. Transactions
C. Web address
D. Reports
E. User menus
13. What does SAP call the new asset value display transaction?(Single)
A. Item Explorer
B. Accounts Explorer
C. Accounts Viewer
D. Asset Viewer
E. Asset Explorer
14. Which of the following statements about year-end closing are correct?(Multy)
A. You carry out year-end closing before the fiscal year change.
B. During year-end closing, the program checks if the year-end closing can be carried out.
C. Once the year-end closing was successfully completed, the system automatically changes
certain entries in Customizing (closed fiscal year)
D. You cannot create and post to new fixed assets until The year-end closing is successfully
completed
E. You can only conduct year-end closing on June 30 or December 31 of each year.
15. What steps have to be completed before you can generate asset classes form G/L
accounts? (Multy)
A. Account selection
B. Account determinations
16. For each depreciation area you need to specify whether you want to(Multy)
A. The business area can run across many company codes, i.e. all company
C. Each company codes uses exactly one chart of accounts and one chart of
depreciation.
D. Business areas are used to create internal balance sheets and income
statements.
18. The time of the first acquisition posting to the asset sets the following fields
B. at Client level.
E. at System level.
C. Screen layout
D. Account allocation
21. Which of the following statements about asset data transfer from a previous
A. Transferring asset data ‘during the fiscal year’ is only possible on july 1 of
B. When you transfer asset data ‘during the fiscal year’, the system
automatically determines replacement values and insurable values using batch input.
C. During the asset transfer, you can enter either the APC or the net book value.
D. During the asset transfer, you can specify the order in which the depreciation are apper.
E. When you transfer asset data ‘during the fiscal year’,you must enter the last depreciation
posting period from your previous system in the SAP R/3 System.
22. Intergration with MM: An asset purchase order is created in Purchasing. The goods
receipt is posted on a value basis. Invoice verification then posts the invoice.
What is the name of the auxiliary account used for all of these transactions?(Single)
A. MM/FI clearing account.
A. Specify required entry fields for asset master data B. Enter default values for asset master data
C. Enter default values entries for depreciation area D. Enter allowed entries for user fields E.
Define allowed company codes
24. Which of the following statements about manual depreciation (for example unplanned
depreciation in FI-AA) area true?(Multy)
C. Manual depreciation is initially shown as a planned value after entry and only posted when
the depreciation posting report is run.
D. Manual depreciation usually only applies to depreciation areas which you choose when you
enter the document.
E. After entering manual depreciation in FI-AA., you also need to enter it manually in FI/CO.
25 .Which correspondence extracts all items in the chosen period from a customer’s
account displays the balance carried forward balance and a closing balance of the
account ?(Single)
A. Payment advice
B. Payment notice
C. Account statement
D. Dunning notice
26. Which of the Following statements about automatic payment are correct ? (Multy)
A. In automatic payment procedures, all incoming invoices as of the second dunning level are
paid automatically
B. Direct debiting or bank collection can be used in automatic payment procedures to clear
customer invoices
C. Open items posted to G/L accounts can be cleared using the payment program
E. The payment program can pay vendor invoices using wire transfers and checks
27. Imagine the following scenario:A company wants to execute a payment run on a daily
basis and process several company codes at the same time. If the amount exceeds US$ 1000,
the vendors are to be paid by bank transfer, amounts less than US$ 1000 are to be paid by
check. The customer has two house banks and wants all checks to be processed by bank A
and all… (Multy) 문제미완성
A You store variants for print programs within customizing. Here you can specify that the
information is to be output to a data carrier
B. You specify, per house bank, whether payments are to be made by check only or also by
transfer
C. You specify the payment method from within the application,in the master record
D. The payment proposal of the automatic payment program can only be displayed
E. You can precisely schedule the print program from within the application
28. According th which criteria does the payment program determine and select open items
(Single)
29. Which of the following statements are true with regard to the customizing setting for
banks in the automatic payment run ? (Multy)
A. The sequence of the banks for processing outgoing payments is selected randomly
B. You can only determine one payment method per house bank
D. You can specify by bank and method the anticipated number of days before the bank account
is debited
E. You can determine the banks to be used for payments according to postal code
30. Which of the following factors does the systems take into account in a payment run ?
(Multy)
A. When creating a House bank, you do not need to specify the country.
B. The payments program can use a different House bank for each different payment method
D. House bank master data must be created in advance, before assigning the House bank to a
payment method in the payment program configuration
E. A house bank can be assigned to a business area within the payment program configuration
32. When entering a document using a foreign currency, which date is used to determine
the exchange rate if the translation date is not entered ?(Single)
A. Posting date
B. Document date
C. Entry date
D. Baseline date
B. Documents originating in other modules should be corrected there to allow the changes to
flow naturally through to financial accounting.
C. If a reversal date is not specified, the system reverses the document using the posting date of
the document to be reversed.
A. When creating a recurring document, the valid time period must be defined.
B. The posting date is determined by either the run date or the run schedule.
D. After running the recurring document posting, the next run date cannot be displayed.
E. The original recurring document can be deleted from the batch input menu.
D. Define a currency
E. Define an account symbol
37. Which of the following statements about manual planning are correct?(Multy)
A. The planning type determines which bank accounts the plan amount to be inputted to.
B. The expiration date shows how long the payment advice is included in planning.
D. Archived payment advices are included in planning till the value date.
38. Bank accounts should be controlled as follows when Cash Management is in use:
(Multy)
A. Open items are managed for both the main bank account and the bank clearing account.
B. Both the main bank account and the bank clearing account permit line item displays.
C. The main bank account and the bank clearing account use the same sort key.
D. The value date in the field status string for both the main bank account and the bank clearing
account must accept entry.
E. The cash-relevance flag in the master records for both the main bank account and the bank
clearing account must be set.
39. Which of the following statements about creating customer master records are correct?
(Multy)
B. In case of one-time customer you have to enter the customer’s address in the document itself.
C. Address, control data, and reconciliation account are included in the client level of the
customer.
D. The most efficient way to create master records is to work with the external number range not
internal number range.
A. If a customer is also a vendor, the system can include outstanding Accounts Receivable
invoice items in payment program.
B. If a customer is also a vendor, the system can include outstanding Accounts Payable invoice
items when you clear incoming payment receipts for the customer.
C. The reconciliation account defined on the customer master record is an account used to
reconcile CO transactions back to FI.
D. All customer belonging to the same account group must be assigned to the same
reconciliation account.
E. The alternative payer is used to transfer outstanding receivable item to the alternative payer’s
account.
42. Bulk change of line item - this function allows you to change a whole group of line items
simultaneously, instead of having to change individual items in the documents. What data
can you change using this function?(Multy)
C. Maintenance orders.
D. Sales orders for make-to-order function
E. CO production orders.
B. Once an order has been released, only closing entries can be made.
A. It is an internal order used to control production from a cost accounting point of view.
D. You can post primary costs from Financial Accounting to the order.
E. You can post secondary costs from overhead calculation to the order.
46.Which statements are true regarding direct and indirect activity allocations? (Multy)
A. If both the amount of the activity used by the receiver and the total output activity quantity of
the sender can be measured, then indirect activity allocation is used.
B. If the amount of activity consumed by the receiver is not measured, then indirect activity
allocation is used.
C. Manual activity input planning cannot be performed if actual activities are allocated
indirectly.
D. If direct activity allocation is used, the total output activity quantity is determined by
summing all of the activity quantities allocated.
47. The primary cost element is one type of master data in Controlling. Before you can
create a new primary cost element, certain prerequisites need to be fulfilled.
Which of the following conditions must be fulfilled BEFORE you can create primary cost
elements?(Multy)
A. The controlling area must be defined.
A. Distribution can be made for both planned and actual figures; assessments cannot.
C. Distributions are used when the original cost information is necessary on the receiver;
assessments are used when this information is not necessary on the receiver.
D. Distributions are made using the original primary cost elements; assessments are made using
secondary cost elements.
http://www.saptechies.com
14.What of these alternatives are considered master data (Note: we can have
more than one correct sentence. Please select the sentences you think they
are correct)?a) [ ] Chart of Accounts.
b) [ ] G/L Accounts.
c) [ ] Vendor.
d) [ ] Customer.
e) [ ] Asset.
15.What 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)?
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.
16.Consider the following sentences about the chart of accounts segment:
16.1. It contains the Company Code, Account number and the field status
group.
16.2. Whenever you need to enter information for a company code for an
account number, you have to type again the information related to chart of
accounts segment.
16.3. Texts can be displayed using the program "Account assignment
manual"(RFSKTH00).
16.4. Key words facilitate the search for account numbers.
Which of these combinations are false (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
a) [ ] 16.1.
b) [ ] 16.2.
c) [ ] 16.3.
d) [ ] 16.4.
e) [ ] none of them.
17.True or false?
17.1. Every company code that needs to use an account from the assigned
chart of accounts has to create its own company code segment.
a) [ ] True b) [ ] False
17.2. For P+L statement accounts, the balance is carried forward to the same
account.
a) [ ] True b) [ ] False
17.3. In the chart of accounts segment, it is necessary to indicate whether
the account will be a balance sheet or a profit+loss statement account.
a) [ ] True b) [ ] False
17.4. Number intervals for G/L account master records can overlap.
a) [ ] True b) [ ] False
17.5. It is not possible to influence the appearance of an account's master
data.
a) [ ] True b) [ ] False
18.Consider the following sentences about field status:
18.1. Fields which are _________ can be ________.
18.2. 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/supressed for 18.1; must be changed/display for 18.2.
b) [ ] not used/supressed for 18.1; must be changed/display for 18.2.
c) [ ] not used/optional for 18.1; should not be changed/supressed for
18.2.
d) [ ] not used/supressed for 18.1; should not be changed /display for
18.2.
e) [ ] used/optional for 18.1; must be changed/display for 18.2.
19.Consider the following sentences about field status:
19.1. Fields which _________ can be made ________.
19.2. 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 19.1; suppresed for 19.2.
b) [ ] must have an entry/supressed for 19.1; suppresed for 19.2.
c) [ ] must have an entry/optional for 19.1; optional for 19.2.
d) [ ] must have an entry/required for 19.1; optional for 19.2.
e) [ ] must not have an entry/required for 19.1; optional for 19.2.
20.Consider the following sentences:
20.1. Reconciliation accounts are general ledger accounts assigned to the
business partner master records to record all transactions in the sub-ledger.
20.2. For accounts without line item display, the most important data from
the posted line items is stored in a special index table.
20.3. The account currency must be in the local currency.
20.4. Items in accounts with open item management means the G/L accounts
should have a offsetting posting for a given business transaction.
Which of these are true (Please choose the correct sentence)?
a) [ ] 20.1 and 20.3.
b) [ ] 20.2 and 20.4.
c) [ ] 20.1 and 20.2.
d) [ ] 20.2 and 20.3.
e) [ ] 20.1 and 20.4.
21.Since the line item display takes up additional system resources, you should
only use it if there is no other way 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 are correct):
a) [ ] P+L Statement.
b) [ ] Reconciliation.
c) [ ] Revenue.
d) [ ] Material Stock.
e) [ ] Tax.
22.Consider the follwing statements:
22.1. Accounts with open item management must have line item display
activated.
22.2. You can activate or deactivate open item management everytime, even
if the account hasn't a zero balance.
22.3. You can select both local and foreign currencies as account currency.
22.4. If the account is the local currency, the account can only be posted to
this currency.
22.5. When using the "Only Balances in Local Currency" indicator in the
master data record, transaction figures 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 select the sentences you think they are correct)?
a) [ ] 22.1.
b) [ ] 22.2.
c) [ ] 22.3.
d) [ ] 22.4.
e) [ ] 22.5.
23.True or false?
23.1. The "Only Balances in Local Currency" indicator must not be set in
reconciliation accounts for customers or vendors.
a) [ ] True. b) [ ] False.
23.2. The "Only Balances in Local Currency" indicator is usually set in balance
sheet accounts that are not managed in foreign currencies and not managed
on an open item basis.
a) [ ] True. b) [ ] False.
23.3. Accounts with a foreign currency as an account currency can be posted
to any currency.
a) [ ] True. b) [ ] False.
23.4. You can use a group chart of accounts for internal purposes.
a) [ ] True. b) [ ] False.
23.5. The usage of a financial statement version for the group chart of
accounts is optional.
a) [ ] True. b) [ ] False.
24.What 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 could have 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
acounts segment of the operational account.
25.Consider the following statements:
25.1. You cannot use the country chart of accounts if you desire to use the
cross-company code controlling.
25.2. The disadvantage of using country chart of accounts is the accounting
clerks who may be familiar with the country chart of accounts first have to
get used to using the operational chart of accounts.
25.3. Reconciliation accounts are updated on a daily basis.
Which of them are false (Please choose the correct sentence)?
a) [ ] 25.1 and 25.2.
b) [ ] 25.1 and 25.3.
c) [ ] 25.2 and 25.3.
d) [ ] all of them.
e) [ ] none of them.
26.Which are the segments of the SD view of the customer account master data
(Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)?a) [ ] Client.
b) [ ] Company Code.
c) [ ] Controlling Area.
d) [ ] Sales Area.
e) [ ] Purchasing Organization.
27.Which are the segments of the MM view of the customer account master data
(Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)?
a) [ ] Client.
b) [ ] Company Code.
c) [ ] Controlling Area.
d) [ ] Sales Area.
e) [ ] Purchasing Organization.
28.What is the segment that makes complete both customer and vendor
accounts (Please choose the correct sentence)?
a) [ ] Client.
b) [ ] Company Code.
c) [ ] Controlling Area.
d) [ ] Sales Area.
e) [ ] Purchasing Organization.
29.What characteristics are configured as standard for every customer/vendor
account (Note: we can have more than one correct sentence. Please select
the sentences you think they are correct)?
a) [ ] Line Item Display.
b) [ ] Company Code.
c) [ ] Currency.
d) [ ] Open Item Management.
e) [ ] Purchasing Organization.
30.Consider the following statements:
30.1. Number ranges for customer/vendor accounts can overlap.
30.2. An one-time account is a special customer/vendor master record which
a company rarely do business.
30.3. The account group is used to control the fields displayed in the master
record.
30.4. If you enter an alternative payer, the amount to clear the open items
due in the account is paid by the alternative payer.
30.5. One number range can only be assigned to one account group.
Which of the above statements are true (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
a) [ ] 30.1.
b) [ ] 30.2.
c) [ ] 30.3.
d) [ ] 30.4.
e) [ ] 30.5.
31.True or false?
31.1. For every bank that is used in the system (for example, as a house bank
or as a customer/vendor bank) you have to create a bank master record.
a) [ ] True. b) [ ] False.
31.2. Banks that are used by your company are defined as house banks.
a) [ ] True. b) [ ] False.
31.3. You cannot create bank master data when entering bank information in
the customer or vendor master record.
a) [ ] True. b) [ ] False.
31.4. Bank Account and G/L Account are the same master data object.
a) [ ] True. b) [ ] False.
31.5. Customers that use the lockbox function can create a batch input
session that automatically updates customer banking information in the
master record.
a) [ ] True. b) [ ] False.
32.Consider the following statements:
32.1. The system can assign the document numbers or the user can assign
the number during document entry.
32.1. A business transaction creates only one document.
32.3. Document types are defined at company code level.
32.4. Number ranges for document numbers and account types defined for
postings are defined by the document types.
32.5. Document types also define whether invoices are posted with the net
procedure.
Choose the correct option:
a) [ ] 32.1, 32.4 and 32.5 are correct.
b) [ ] 32.2, 32.4 and 32.5 are correct.
c) [ ] 32.3, 32.4 and 32.5 are correct.
d) [ ] 32.1, 32.3 and 32.4 are correct.
e) [ ] 32.1, 32.2 and 32.5 are correct.
33.What do the posting keys specify (Note: we can have more than one correct
sentence. Please select the sentences you think they are correct)?
a) [ ] Whether the line item is connected to a payment transaction or not.
b) [ ] Whether the posting is sales-relevant and the sales figure of the
account is to be updated by the transaction, for example, by the posting of a
customer invoice.
c) [ ] Whether the line items contain "credit" or "debit" values.
d) [ ] Whether the line items are valid for a business transaction.
e) [ ] Whether the accounts are allowed for posting.
34.Consider the following statements:
34.1. A company code must be assigned to a posting period variant to have
the control for posting periods.
34.2. '+' symbol represents all account types in the posting period
customizing screen.
34.3. The account interval in the posting period customizing screen can be
both G/L and subledger accounts.
34.4. The maximum amounts are defined per company code in "tolerance
groups".
34.5. It is not possible to assign tolerance groups to user logon ID's.
Choose the correct option:
a) [ ] 34.1, 34.4 and 34.5 are correct.
b) [ ] 34.2, 34.4 and 34.5 are correct.
c) [ ] 34.3, 34.4 and 34.5 are correct.
d) [ ] 34.1, 34.2 and 34.4 are correct.
e) [ ] 34.1, 34.2 and 34.5 are correct.
46.Which of them are valid business transaction types for cash journal (Note: we
can have more than one correct sentence. Please select the sentences you
think they are correct)?
a) [ ] Expense.
b) [ ] Revenue.
c) [ ] Cash transfer.
d) [ ] Customer Incoming/Outgoing payments
e) [ ] Vendor Incoming/Outgoing payments
47.Consider the following items below:
47.1. Free offsetting posting
47.2. Automatic offsetting posting
47.3. Noted items
47.a. Example: Requests for down payments.
47.b. Example: The bank postings for a received down payment.
47.c. Example: Posting a guarantee.
Choose the option that matches the items correctly:
a) [ ] 47.1-47.c; 47.2-47.b; 47.3-47.a
b) [ ] 47.1-47.c; 47.2-47.a; 47.3-47.b
c) [ ] 47.1-47.a; 47.2-47.b; 47.3-47.c
d) [ ] 47.1-47.b; 47.2-47.c; 47.3-47.a
e) [ ] 47.1-47.b; 47.2-47.a; 47.3-47.c
48.What are the four steps of the automatic payment process (Please choose the
correct sentence)?
a) [ ] Select open invoices, approve and/or modify payments, post
payment documents and print payment media.
b) [ ] Maintain parameters, generate proposal run, start payment run and
schedule print.
c) [ ] Approve and/or modify payments, generate proposal run, start
payment run and schedule print.
d) [ ] Maintain parameters, start payment run, post payment documents
and schedule print.
e) [ ] Select open invoices, maintain parameters, post payment documents
and start payment run.
49.What can we define for the "All Company Codes" section, in the payment
program configuration (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)?
a) [ ] Intercompany payment relationships.
b) [ ] The company code(s) that process payments.
c) [ ] Cash discount.
d) [ ] Tolerances days for payments.
e) [ ] The customer and vendor transactions to be processed.
50.What is a sending company code (Please choose the correct sentence)?
a) [ ] It is a company code that is responsible for processing the outgoing
payments.
b) [ ] It is a company code that passes the responsibility for processing the
outgoing payments to another company code.
c) [ ] It is a company code that sends only planned data to the receiver
company code.
d) [ ] It is a company code that receives only actual data from the receiver
company code.
e) [ ] It is a company code that has many plants.
51.What can we define for the "Paying Company Codes" section, in the payment
program configuration (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)?
a) [ ] Intercompany payment relationships.
b) [ ] Minimum amounts for incoming and outgoing payments.
c) [ ] Forms for payment advice and EDI.
d) [ ] Bill of exchange specifications.
e) [ ] Tolerances days for payments.
52.What can we define for the "Payment Method / Country" section, in the
payment program configuration (Note: we can have more than one correct
sentence. Please select the sentences you think they are correct)?
a) [ ] Define payment methods (check, bank transfer, etc.) for each
country.
b) [ ] Define the master record requirements, i.e. address required, for
each payment method.
c) [ ] Forms for payment advice and EDI.
d) [ ] Document types to be used for posting and clearing documents for
each payment method.
e) [ ] Define the permitted currencies for each payment method.
53.What can we define for the "Payment Method / Company Code" section, in
the payment program configuration (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
a) [ ] Minimum and maximum payment amounts.
b) [ ] Whether payments abroad and foreign currencies are allowed.
c) [ ] Grouping options.
d) [ ] Bank optimization.
e) [ ] Forms for payment media.
54.What can we define for the "Bank selection" section, ranking order, in the
payment program configuration (Note: we can have more than one correct
sentence. Please select the sentences you think they are correct)?
a) [ ] Minimum and maximum payment amounts.
b) [ ] Which house bank should be considered for payment first, second,
third, etc.
c) [ ] Currencies.
d) [ ] Bank optimization.
e) [ ] Bill of exchange account.
55.What can we say about "Bank selection" section, value date field, in the
payment program configuration (Note: we can have more than one correct
sentence. Please select the sentences you think they are correct)?
a) [ ] Used with cash management and forecast.
b) [ ] Used with the Currencies.
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.
56.What can we define for "Bank selection" section, accounts and amounts, in
the payment program configuration (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
a) [ ] Used with cash management and forecast.
b) [ ] Used with the Currencies.
c) [ ] The offset account to the sub ledger posting.
d) [ ] Clearing accounts for bills of exchange.
e) [ ] Available funds in each bank.
57.What can we say about "Bank selection" section, charges, in the payment
program configuration (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)?
a) [ ] Assess additional bank charges for incoming and outgoing payments.
b) [ ] Used with bills of exchange.
c) [ ] Additional automatic posting configuration.
d) [ ] The number of days until value date plus the posting date.
e) [ ] Define the permitted currencies for each payment method.
58.Consider the following statements:
58.1. Invoices tha match the specified payment parameters but, for some
reason, cannot be paid are listed in the exception list.
58.2. In the proposal run, payments and related postings such as those for
tax, tax adjustments, exchange rate differences or cash discount are posted
automatically.
58.3. The payment block can be in: Payment term, Vendor/Customer master
data and Invoices.
58.4. DME means Document Medium Exchange.
Which of the following options is correct?
a) [ ] 58.1 and 58.3 are correct.
b) [ ] 58.1 and 58.4 are correct.
c) [ ] 58.2 and 58.3 are correct.
d) [ ] 58.2 and 58.4 are correct.
e) [ ] 58.3 and 58.4 are correct.
59.True or false?
59.1. If you are using check management, you have to use check lots to print
checks.
a) [ ] True. b) [ ] False.
59.2. All the company codes in the payment run parameters must be in the
same country.
a) [ ] True. b) [ ] False.
59.3. A payment method can be used only if it is entered in the account
master record.
a) [ ] True. b) [ ] False.
59.4. The payment proposal can be edited, deleted and recreated as often as
necessary.
a) [ ] True. b) [ ] False.
59.5. The exception list is part of the payment proposal.
a) [ ] True. b) [ ] False.
60.Consider the following statements:
60.1. The debit balance check can be carried out after a payment proposal
has been created.
60.2. You cannot schedule an automatic payment program.
60.3. When using the Payment Medium Workbench (PMW), the note to payee
can be freely defined in Customizing.
Which of the following options is correct?
a) [ ] Only 60.1 is correct.
b) [ ] Only 60.2 is correct.
c) [ ] Only 60.3 is correct.
d) [ ] 60.1 and 60.2 are correct.
e) [ ] 60.1 and 60.3 are correct.
61.About the dunning program configuration, what controls how dunning is
carried out (Please choose the correct sentence)?
a) [ ] Company Code.
b) [ ] Customer master record.
c) [ ] Dunning procedure.
d) [ ] Dunning texts.
e) [ ] Sales Organization.
62.What of the following options we can define for each Duning Procedure, in the
dunning program configuration (Note: we can have more than one correct
sentence. Please select the sentences you think 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.
63.What of the following options we can define for each Duning Levels, in the
dunning program configuration (Note: we can have more than one correct
sentence. Please select the sentences you think they are correct)?
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.
67.True or false?
67.1. After the dunning proposal has been created, changes to the dunning
data in items or master records are ignored in the current dunning run.
a) [ ] True. b) [ ] False.
67.2. The dunning proposal can be edited, deleted and recreated as often as
required.
a) [ ] True. b) [ ] False.
67.3. One dunning form can be used for all dunning levels and dunning areas.
a) [ ] True. b) [ ] False.
67.4. The dunning text for dunning level 6 is stored in text module 616.
a) [ ] True. b) [ ] False.
67.5. The last dunning level is equal to the legal dunning procedure.
a) [ ] True. b) [ ] False.
68.Consider the following statement about Correspondence:A _____<1>_____
represents a type of letter in the system. Each ____<1>___ has a
corresponding ____<2>___. Each ____<2>____ has a selection variant. Each
___<3>_____ is assigned a SAPScript form.
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.
69.True or false?
69.1. There are two types of interest calculation in SAP R/3: account balance
and interest on arrears.
a) [ ] True. b) [ ] False.
69.2. Account balance interest calculation is applied to individual items in
accounts receivable or accounts payable.
a) [ ] True. b) [ ] False.
69.3. Account master data must contain an interest calculation indicator for
interest calculation to take place.
a) [ ] True. b) [ ] False.
69.4. On a given account, SAP R/3 cannot calculate different interest rates
based on the amounts of balances or items.
a) [ ] True. b) [ ] False.
69.5. 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.
a) [ ] True. b) [ ] False.
70.True or false?
70.1. You can void a check without reversing the payment document.
a) [ ] True. b) [ ] False.
70.2. You can void a check and reverse the payment document at the same
time.
a) [ ] True. b) [ ] False.
70.3. You can void a check and reverse the payment document and the
vendor invoice all at the same time.
a) [ ] True. b) [ ] False.
70.4. You have to maintain customer bank details manually in the master
record to ensure that as many incoming payments are assigned as possible.
a) [ ] True. b) [ ] False.
70.5. You can define as many financial statement versions as you need to
prepare reports according to various criteria, for example, for tax authorities,
for other external users and for internal purposes.
a) [ ] True. b) [ ] False.
71.Consider the following statements
71.1. Balance confirmations are done at the beginning of the fiscal year.
71.2. You carry out the foreign currency valuation after you have created the
financial statements.
71.3. You can use SAPF100 report to regroup and sort the receivables and
payables.
71.4. You enter individual value adjustments (IVA) as a special G/L
transaction E.
71.5. You can use the SAPF107 program ("Additional valuations") to carry out
a flat-rate individual value adjustment.
Which of the above statements are false (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
a) [ ] 71.1.
b) [ ] 71.2.
c) [ ] 71.3.
d) [ ] 71.4.
e) [ ] 71.5.
72.Consider the following statements:
72.1. The profit and loss statement can be created using two types of
accounting: __<1>____ and ___<2>___.
72.2. In __<1>__, the total output of a period and the total costs of this period
are summarized.
72.3. In __<2>__, the sales revenue for a period and the sales costs of the
period are summarized.
72.4. 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.
73.What is the purpose of the cost of sales ledger (Please choose the correct
option)?
a) [ ] It stores all cost flows within controlling in a summarized form.
b) [ ] It represents the cost element accounting and allow the link between
FI and CO modules.
c) [ ] It serves as a special ledger to maintain transaction figures for each
functional area, when the balance sheet is created using cost of sales
accounting.
d) [ ] It is a part of the FI-GL sub module, intended to maintain transaction
figures for each business area, when the balance sheet is created using cost
of sales accounting.
e) [ ] It helps to transfer billing values from SD to CO.
74.What is the purpose of the recurring entry program (Please choose the
correct option)?
a) [ ] It helps creating the reversal reasons.
b) [ ] It helps the often entry of accruals/deferrals.
c) [ ] It helps creating the company code.
d) [ ] It helps making cash discounts.
e) [ ] It helps configuring the reconciliation ledger.
75.What is the intention when we create accruals (Please choose the correct
option)?
a) [ ] It means the expense/revenue were posted to the current period on
receipt/issue of an invoice, but economically 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 period once 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 FI Document (document type SA).
76.Consider the following sentences:
76.1. The Accrual Engine is a generic tool for calculating and creating accrual
postings.
76.2. One of the disadvantages of being using the Accrual Engine is that you
can make periodic accruals postings automatically as performance optimized
mass data processing using an accrual run.
76.3. You have to create deferrals when an expense or revenue is posted in
the current period, but is incurred or earned partly or completely in the
future.
76.4. The purpose of the account determination in the Accrual Engine is:
determine the document type, the debit account and the credut account.
76.5. One of the benefits provided by the Schedule Manager is the closing
process is more transparent and easier to handle.
Which of the above sentences is false (Please choose the correct option)?
a) [ ] 76.1.
b) [ ] 76.2.
c) [ ] 76.3.
d) [ ] 76.4.
e) [ ] 76.5.
86.True or false?
86.1. The activity type category is used to determine whether and how an
activity type is entered and allocated.
a) [ ] True. b) [ ] False.
86.2. The fixed value is only posted in the period in which it is entered.
a) [ ] True. b) [ ] False.
86.3. You can create your own list variants for collective processing.
a) [ ] True. b) [ ] False.
86.4.SAP recommends that you use the same number interval groups for CO
actual and plan transactions.
a) [ ] True. b) [ ] False.
86.5. Validation has priority under Substitution.
a) [ ] True. b) [ ] False.
90.What of the following statements is true (Please choose the correct option)?
a) [ ] The SAP R/3 system saves the information from the clearing cost
center in totals records during a periodic reposting.
b) [ ] The cycle-segment method is used only for defining periodic
reposting.
c) [ ] Independent cycles can be processed in parallel if they have the
same allocation type.
d) [ ] You can process cycles in the same cycle flow group in parallel.
e) [ ] During distribution, the original cost elements are summarized into
distribution cost elements (secondary cost element category = 42).
91.What can we say about period lock (Please choose the correct option)?
a) [ ] It is used to lock the business transactions for a combination of
company code, fiscal year and document number.
b) [ ] It is used to lock the business transactions for a combination of
company code, fiscal year and version.
c) [ ] It is used to lock the business transactions for a combination of
controlling area, fiscal year and version.
d) [ ] It is used to lock the business transactions for a combination of
company code, fiscal year and plant.
e) [ ] It is used to lock the business transactions for a combination of
company code, fiscal year and purchasing organization.
92.What can we say about Cost Center Planning (Note: we can have more than
one correct sentence. Please select the sentences you think they are
correct)?
a) [ ] It is intended to ensure that your data remains consistent if you use
it in different applications.
b) [ ] It is intended to help planning the future of the business.
c) [ ] It is intended to help controlling business transactions.
d) [ ] It is intended to help monitoring the economic feasibility, by
comparing plan with actual data , and target with actual data.
e) [ ] It is intended to control the planning process, thorough planner
profile.
93.When planning statistical key figures, it uses a ________________ for period-
based distribution of the total values. Please select the option that fulfills the
above statement:
a) [ ] receiver base.
b) [ ] free entry.
c) [ ] planned value.
d) [ ] distribution key.
e) [ ] secondary statistical key figure.
94.Plan values on cost centers can often be calculated using mathematical
dependencies. ___________________ lets you use calculation dependencies to
plan your cost center costs.Please select the option that fulfills the above
statement:
a) [ ] formula planning.
b) [ ] resource planning.
c) [ ] dependency planning.
d) [ ] accrual calculation.
e) [ ] distribution.
95._________________ enables you to transfer data from one of the pre-stored
systems in Cost Center Accounting to cost center planning.Please select the
option that fulfills the above statement:
a) [ ] Formula planning.
b) [ ] Resource planning.
c) [ ] Dependency planning.
d) [ ] Distribution.
e) [ ] Integrated planning.
96.Consider the following statements (Report Painter):96.1. __<1>__ are
numeric fields that you can evaluate in a report.
96.2. __<2>__ are fields that display criteria that you used in the data
selection.
96.3. __<3>__ consist of a key figure and one or more characteristics.
96.4. 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.
97.What can we say about Internal Orders (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
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.
98.What are the techniques related to Planning scope on Internal Orders (Note:
we can have more than one 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.
99.What are the planning areas in Cost Center Accounting (Note: we can have
more than one correct sentence. Please select the sentences you think they
are correct)?a) [ ] Cost Elements/Activity Input
b) [ ] Activity Output/Prices
c) [ ] Statistical key figures
d) [ ] Cost Centers/Internal Orders
e) [ ] Activity Types/Internal Orders
100. What can we say about Planner Profile (Note: we can have more than
one correct sentence. Please select the sentences you think they are
correct)?
a) [ ] It allows to control the planning process.
b) [ ] In a given planner profile, you cannot assign any number of planning
layouts to any number of planning areas.
c) [ ] The R/3 system contains standard planner profiles.
d) [ ] Planner profiles are defined using the Report Painter.
e) [ ] You can assign more than one planning layout to each planning area
in the planning profile.
101. Consider the following statements:
101.1. Resource planning supports manual cost element planning of primary
costs and revenues for cost centers, internal orders and WBS elements.
101.2. In dependency planning, you can plan both activity-dependent and
activity-independent primary costs based on values and quantities.
101.3. In the value-based dependency planning, you plan the amounts of
resources per unit of a statistical key figure or activity type, for example, the
amount of course days for each employee or the amount of screws for each
car.
101.4. In quantity-based dependency planning, you plan costs per unit of a
statistical key figure or activity type, for example, UNI 100 of office materials
or UNI 3.000 for each employee.
Choose the correct option:
a) [ ] 101.1. and 101.2. are correct.
b) [ ] 101.3. and 101.4. are correct.
c) [ ] 101.2. and 101.4. are correct.
d) [ ] 101.1. and 101.3. are correct.
e) [ ] 101.1. and 101.4. are correct.
102. True or false?
102.1. Using the plan revaluation function, you can increase or decrease
planning data on a percentage basis.
a) [ ] True. b) [ ] False.
102.2. You can either settle a statistical order or apply overhead to it.
a) [ ] True. b) [ ] False.
102.3. If you are not using the application Sales and Distribution, you can use
internal orders with revenues to display the cost accounting sections in SD
sales orders.
a) [ ] True. b) [ ] False.
102.4. Revenues can be settled primarily to Cost Centers.
a) [ ] True. b) [ ] False.
102.5. The rules for applying overhead costing calculation for Internal Orders
are grouped in overhead costing sheet.
a) [ ] True. b) [ ] False.
103. Profitability 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.
104. Consider the following statements (Profitability Management):
104.1. With the__<1>__ method, the emphasis is on matching the revenues
for goods and/or services provided (the value that a company gains as a
result of sales) against the related expenses for those items.
104.2. With the __<2>__ method, the emphasis is on summarizing the
activity and situational change over a period of time, for a given
organizational unit.
104.3. __<3>__ is particularly useful when you need to adapt existing data to
a change in circumstances, for example, if master data fields or company
code assignments are to be changed.
104.4. You can change and display the dummy profit center using the
__<4>__.
Please choose the option that substitutes <1>, <2>, <3> and <4>,
respectively:
a) [ ] period accounting, cost-of-sales, mass maintenance, normal
transactions.
b) [ ] cost-of-sales, mass maintenance, period accounting, normal
transactions.
c) [ ] mass maintenance, cost-of-sales, period accounting, normal
transactions.
d) [ ] mass maintenance, period accounting, cost-of-sales, normal
transactions.
e) [ ] cost-of-sales, period accounting, mass maintenance, normal
transactions.
105. (EC-PCA) When the WBS element is not assigned to a profit center, the
system posts the values to the
:a) [ ] cost center.
b) [ ] cost element.
c) [ ] dummy profit center.
d) [ ] profit center of the network header.
e) [ ] profit center of the network activities.
106. The ___________ provides you with an overview of all the assignments
you have made to profit centers and supports you when you make or change
assignments. Please choose the correct option:
a) [ ] solution manager.
b) [ ] solution monitor.
c) [ ] schedule manager.
d) [ ] assignment monitor.
e) [ ] report painter.
107. Consider the following statements below, for characteristics-dependent
profit center determination:
A. Profit Center determined from substitutions is used if they have been set
for profit centers in FI or CO.
B. Profit Center field for the corresponding original document has been
changed using the SAP customer enhancement PCA00001.
C. Profit Center from the master record of the real CO object assigned to the
corresponding original document is determined.
D. When data is from balance sheet or profit and loss accounts, which have
been set for transfer to Profit Center Accounting, and no profit center has
been set in the corresponding document, it is considered the profit center,
which was assigned to the corresponding accounts (3KEH transaction) or by a
derivation rule (3KEI transaction).
E. When data comes from P&L accounts, which affect logistical processes
(that is, which are transferred in the standard system) and for which no profit
center is set in the corresponding document, the data is posted to the
Dummy Profit Center.
Please choose the option that has the correct priority order for assignment of
Profit Centers.
a) [ ] A, B, C, D, E.
b) [ ] A, C, D, E, B.
c) [ ] A, D, E, B, C.
d) [ ] A, D, E, B, C.
e) [ ] A, E, B, C, D.
108. (EC-PCA) What of the following items can be transferred online in
realtime (Note: we can have more than 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.
109. What characteristic is needed when we need to calculate profits
according to the cost-of-sales approach (Please choose the correct option)?
a) [ ] Plant.
b) [ ] Cost Center.
c) [ ] Functional Area.
d) [ ] Dummy Profit Center.
e) [ ] Operating Concern.
110. Consider 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 balance ledger.
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 between independent organizational units.
e) [ ] The assignment of a Report Painter/Report Writer to a library is
optional.
123. What are the five phases of the Implementation Roadmap (Please
choose the correct option)?
a) [ ] Global Strategy, Business Process Management of mySAP
technology, Development Management, Software Change Management and
Support Desk Management.
b) [ ] Project Preparation, Business Blueprint, Realization, Final Preparation
and Go Live & Support.
c) [ ] Integrated Product Management, Project Monitoring and Control,
Configuration Management, Supplier Agreement Management and
Organizational Effort Management.
d) [ ] Supply Chain Management, Customer Relationship Management,
Strategic Enterprise Management, Business Warehouse Management and
Advanced Planner Optimizing.
e) [ ] Transactions, Logical Component, Documentation, IMG Assignments
and Test Cases.
Answers:
1. C
2. A, C, D, E.
3. D
4. A, B, C, D, E.
5. B, D, E.
6. A
Item "B" is the definition of controlling area.
Item "C" is the definition of business area.
Item "D" is not any definition.
Item "E" is the definition of client.
7. D
In fact, the main advantage of using variants is that it is easier to maintain
properties, which are common among several business objects.
8. B
9. C
10.A, C.
Most of the world's currencies are already defined into R/3 system.
11. B
Be careful: A base currency can only be used for an average rate, not for a
selling or a buying rate.
12.A
13.E
14.B, C, D, E.
A chart of accounts is a variant, which contains the structure and the basic
information about general ledger accounts.
15.A, B, D, E.
16.A, B.
17.True or false:
True.
False. For P+L statement accounts the balance is carried forward to a
retained earnings account and the P+L statement account is set to zero.
True.
True.
False. It is possible to influence the appearance of an account's master
data using the field status.
18.D
19.D
20.E
21.B, C, D, E.
22.A, C, E.
23.True or false:
True.
True.
False. Accounts with a foreign currency as an account currency can only
be posted to in this foreign currency.
True.
False. You must use a financial statement version for the group chart of
accounts.
24.C.
Item "a" is related to Collective Processing for G;L Accounts Master Data.
Item "b" is not true for the R/3 system concept. If the account currency is the
local currency, the account can be posted to in any currency.
Item "d" and "e" are some actions to be done for using group chart of
accounts, so, they are not the disadvantage.
25.B.
In fact, since all company codes use the same operational chart of accounts
for postings, you can carry out cross-company code controlling.
About Reconciliation accounts, they are updated realtime.
26.A, D.
27.A, E.
28.B.
29.A, D.
30.B, C, D.
NOTE: A number range can be assigned to several account groups.
31.True or false?
True.
True.
False. In fact, we can create bank master data when entering bank
information in the customer or vendor master record.
False. Each bank account is reflected in the SAP System by a combination
of house bank ID and account ID. This combination is entered in a G/L
account that represents the bank accounting the general ledger.
True.
32.A.
33.A, B, C, E.
34.D.
35.B, C.
36.B, D, E.
37.A, B, C.
38.A.
39.E.
The day limits are used to store several versions of terms of payment under
the same terms of payment key.
40.True or false:
True.
False. Two types of taxation can be represented in the R/3 system:
taxation at national level and taxation at regional/jurisdiction level.
False. A tax calculation procedure is assigned to every country for carrying
out tax calculations.
True
False. If you have selected this field, no manual tax postings are allowed.
41.C
42.A, B, C.
43.A, B.
44.C.
45.True or false:
True.
True.
False. The system posts the exchange rates differences automatically as
realized gains or losses.
True.
True.
46.A, B, C, D, E.
47.D.
48.B.
49.A, B, C, D, E.
50.B.
51.B, C, D.
52.A, B, D, E.
53.A, B, C, D, E.
54.B, C, E.
55.A, D.
56.C, D, E.
57.A, B, C.
58.A.
59.True or false:
True.
True. Company codes from different countries cannot be processed in the
same payment run.
False. A payment method can also be entered in the line item.
True. The payment proposal does not make any changes to the values at
document master record level.
True. The exception list is usually checked by the user department.
60.E.
61.C.
62.A, B, D.
63.A, C, E.
64.A, D.
65.True or false:
False. Customers without a dunning procedure in the master record cannot
be dunned.
True.
True. It is possible to dun vendors only if there is some debit value to the
vendors.
False. The "Run on" field is also used to identify dunning runs. It does not
have to be the date when the dunning run is actually performed.
True. You can use the parameters to select the accounts and documents
for the dunning run.
66.True or false:
True.
False. Every dunning procedure can have between 1 and 9 dunning levels.
False. If one overdue item has exceeded the minimum days in arrears, the
account is dunned.
False. The dunning data is not updated until the dunning notices are
printed.
True.
67.True or false:
True. The data has already been selected from the database.
True. Because the database is not changed until the dunning notices are
printed.
True.
True. Text module 616 is used for dunning level 6.
False. The last dunning level triggers the manual dunning procedure, which
often ends in the legal dunning procedure. The legal dunning procedure itself
does not correspond to any dunning level.
68.D.
69.True or false:
True.
False. Interest on arrears calculation is applied to individual items in
accounts receivable or accounts payable. Account balance interest
calculation is applied to the entire balance of a G/L or customer account using
a specific interest rate over a specified period of time.
True.
False.
True.
70.True or false:
True.
True.
False. Reversing the vendor invoice is a separate transaction from voiding
the check and reversing the payment document.
False. When you configure the lockbox, you can create a batch input
session to update new or missing bank details in the customer master
records.
True.
71.B, C. SAPF100 report is used for valuating foreign currency balance sheet
accounts. For regrouping receivables and payables, you can use SAPF101
report.
72.C.
73.C.
74.B.
75.B.
76.B.
77.E.
78.C.
79.B.
80.D.
81.C.
82.D.
83.D.
84.C.
85.A.
86.True or false:
True.
False. The TOTALS VALUE is only posted in the period in which it is
entered. The fiscal year total is the sum of all the period values. The FIXED
VALUE is carried over from the period in which it is entered to all subsequent
periods of the same fiscal year. The fiscal year total is an average of the
period totals.
True.
False. SAP recommends that you create different number interval groups
for CO actual and plan transactions.
True. Validation has priority, or it is "stronger", than Substitution.
87.B.
88.C.
89.C, D, E.
90.C.
91.C.
92.B, C, D.
93.D.
94.A.
95.E.
96.D.
97.A, B, C, D.
98.A, C, D, E.
99.A, B, C.
100. A, C, E.
101. A.
102. True or false:
True.
False. You can neither settle statistical orders nor apply overhead to them.
True.
False. It doesn't make sense to settle revenues for cost centers.
True.
103. D.
104. E.
105. C.
106. D.
107. B.
108. A, D, E.
109. C.
110. A.
111. E.
112. D.
When a goods receipt is created for a purchase order, the profit center is
always determined indirectly, according the profit center defined in the
purchase order.
When a invoice receipt is created for a purchase order, the profit center is
always determined indirectly, according the profit center defined in the
purchase order.
When an asset is posted, the profit center is always determined dynamically
(Overhead Cost Order OR Cost center of the asset).
When a SD billing document is created with a valuated project stock, the
profit center is determined dynamically from the WBS element contained in
the actual SD billing document.
When a SD billing document is created with a sales order, the profit center is
always determined indirectly, according the profit center defined in the sales
order.
113. A, C, D, E.
Integrated functions in the Schedule Manager:
- Uniform Error Analysis;
- Uniform Start for Jobs;
- Error Correction and Restart;
- Dependencies;
- Communication;
- Documentation integrated into the system.
114. B, C, D, E.
115. A.
116. B, C, D, E.
117. A, B, D, E.
118. C, E.
119. D, E.
120. C.
121. B.
122. A, B, C, E.
SAP Solution Manager enables process-oriented versus component-oriented
configuration and testing.
123. B.
124. A.
125. A, B, C.
http://blog.csdn.net/CompassButton/archive/
1. Which of these statements on document principles are correct?
a. R/3 can assign the document numbers always
b. A business event triggers only one document within R/3
c. Each business event creates an accounting document within R/3
d. R/3 will link related documents in the system
9. Which of the statements are true in respect to configuration of payment program bank
determination area
a. without ranking order, system will not process the payment
b. bank/payment method combination is must to define ranking order
c. without maintaining the value date in bank selection, system will not process the
payment
11. True/false
a. all company codes in the payment run parameters must be in the same country
b. a payment method can only be used if it is entered in the account master record
c. the payment proposal can only be edited, deleted and recreated as often as desired
d. the exception list is a part of the payment proposal
14. The maximum dunning level can be defined in the dunning procedure is
a. four
b. six
c. nine
15. An item whose days in arrears are smaller or identical to the grace periods, dunning
program will consider for the dunning notice. TRUE/FALSE
25. To set up the financial statement version in your company, maximum limit is 9.
TRUE/FALSE
KEY - T (True), F (False)
SAP EDUCATION
SAMPLE QUESTIONS: P_FINACC_60
SAP Certified Application Professional – Financial Accounting (FI) with SAP ERP 6.0 – print
view
Disclaimer: These sample questions are for self-evaluation purposes only and do not appear on
the actual certification exams. Answering the sample questions correctly is no guarantee that you
will pass the certification exam. The certification exam covers a much broader spectrum of
topics, so make sure you have familiarized yourself with all topics listed in the exam competency
areas before taking the certification exam.
Questions
1. Your customer wants to add certain values from a source document into the account document
automatically. You recommend using a function module.
Which of the following are attributes of function modules?
More than one answer is correct. Please choose the correct answers.
2. How can a company separate vendor payments for construction advances from regular down
payments?
3. Many of a company's customers regularly reduce the amount paid on their bills, or fail to pay
their bills at all. Along with normal dunning letters, the company uses a manual, not IT-based
process, to track and resolve these cases.
Which SAP application would you recommend to improve the processing of accounts receivable,
and to reduce outstanding invoices?
4. A customer is upgrading from SAP R/3 4.6C to SAP ECC 6.0. The fixed asset depreciation
executes program RAPOST2000 (supports only direct postings). But for usability reasons, the
users prefer to use the old program, RABUCH00.
5. What language is selected for print correspondence to business partners (such as dunning
notice, individual letters, balance confirmations, and payment notices)?
Which options are possible ways to assign the trading partner in the system?
More than one answer is correct. Please choose the correct answers.
7. A company in a high-inflation country chooses to install SAP. They want to valuate their
finished products with actual costs reflecting all latest price variances.
8. What options does SAP NetWeaver Business Intelligence reporting offer when creating your
financial reports?
More than one answer is correct. Please choose the correct answers.
9. The management of an international company perceives the implementation of SAP ECC 6.0
with the New General Ledger Accounting as an opportunity to standardize their global processes
and still be in compliance with statutory local reporting.
What are some of the key design decisions that support their global requirements?
More than one answer is correct. Please choose the correct answers.
10. What is the sequence of the critical tasks in a New General Ledger Accounting migration?
Solutions
1 a) Correct 2 a) 3 a) 4 a) 5 a)
Incorrect Incorrect Incorrect Incorrect
1 b) 2 b) 3 b) Correct 4 b) 5 b) Correct
Incorrect Incorrect Incorrect
1 c) 2 c) Correct 3 c) 4 c) 5 c)
Incorrect Incorrect Incorrect Incorrect
1 d) Correct 2 d) 3 d) 4 d) Correct 5 d)
Incorrect Incorrect Incorrect
6 a) Correct 7 a) 8 a) 9 a) Correct 10 a)
Incorrect Incorrect Correct
6 b) 7 b) Correct 8 b) Correct 9 b) 10 b)
Incorrect Incorrect Incorrect
6 d) 7 d) 8 d) 9 d) 10 d)
Incorrect Incorrect Incorrect Incorrect Incorrect
9 e) Correct
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, to bring value through extending the Internet Revolution.
c) [ ] The internet has driven to a collaborative environment where value is created through
collaboration within business comunities.
d) [ ] In the first the companies were looking at Cost reduction and efficiency through
integration of business comunities.
2. About the definition of ERP and e-business functionalities, we can say that (Note: we can have
more than one correct sentence. Please select the sentences you think they are correct):
a) [ ] ERP offers enterprise centric functionality (general ledger, payroll, order entry) to
integrate core, internal processes.
b) [ ] ERP is mySAP Financials and mySAP HR.
c) [ ] ERP is SAP R/3, while e-business is mySAP.com.
d) [ ] About Business Model, ERP can be considered as enterprise centric and e-business, as
extended and collaborative.
e) [ ] About Architecture, ERP can be considered as an integrated system and e-business, as an
integrated system and an open integration platform.
f) [ ] About Processes, ERP can have them integrated, core within enterprises and collaborative,
beyond company boundaries.
4. About BAPI (Business Application Programming Interface), what is true (Note: we can have
more than one correct sentence. Please select the sentences you think they are correct)?
5. What can we say about ALE (Application Link Enabling, Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
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
accounting purposes.
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.
7.1. The variant principle is a three-step method used in R/3 to assign special properties to one or
more R/3 objects.
7.2. One of the disadvantages to use variants is that it can't deal with the maintenance of
properties, which are common among several business objects.
7.3. For using the variant principle, you must define the variant, populate it with values and
assign it to the R/3 objects.
7.4. This principle is used for Fiscal Years, Posting Periods and so on.
8.1. A fiscal year has to be defined by means of separating business transactions into different
periods.
8.2. Special periods are used for postings, which are related to the process of the year-end
closing. In total, 16 special periods can be used.
8.3. The Fiscal Year variant only defines the amount of periods and their start and finish dates.
8.4. The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.
9. What is an independent fiscal year variant (Please choose the correct sentence)?
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 periods always 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.
10.1. The currency code identifies each currrency that will be used into R/3 system.
10.2. You have to define all the worldÂ’s currency into R/3 system
10.3. Exchange rate types distinguishes the exchange rates to be considered for various purposes,
such as valuation, translation, conversion, planning, etc.
Which of them is true (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)?
a) [ ] 10.1.
b) [ ] 10.2.
c) [ ] 10.3.
d) [ ] none of them.
e) [ ] all of them.
a) [ ] 12.1.
b) [ ] 12.2.
c) [ ] 12.3.
d) [ ] none of them.
e) [ ] all of them.
a) [ ] all of them.
b) [ ] none of them.
c) [ ] 12.3.
d) [ ] 12.2.
e) [ ] 12.1.
14. What of these alternatives are considered master data (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
a) [ ] Chart of Accounts.
b) [ ] G/L Accounts.
c) [ ] Vendor.
d) [ ] Customer.
e) [ ] Asset.
15. What 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)?
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.
16. Consider the following sentences about the chart of accounts segment:
16.1. It contains the Company Code, Account number and the field status group.
16.2. Whenever you need to enter information for a company code for an account number, you
have to type again the information related to chart of accounts segment.
16.3. Texts can be displayed using the program “Account assignment manual”(RFSKTH00).
16.4. Key words facilitate the search for account numbers.
Which of these combinations are false (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)?
a) [ ] 16.1.
b) [ ] 16.2.
c) [ ] 16.3.
d) [ ] 16.4.
e) [ ] none of them.
17.1. Every company code that needs to use an account from the assigned chart of accounts has
to create its own company code segment.
a) [ ] True b) [ ] False
17.2. For P+L statement accounts, the balance is carried forward to the same account.
a) [ ] True b) [ ] False
17.3. In the chart of accounts segment, it is necessary to indicate whether the account will be a
balance sheet or a profit+loss statement account.
a) [ ] True b) [ ] False
17.4. Number intervals for G/L account master records can overlap.
a) [ ] True b) [ ] False
Which of the options below matches the blank spaces of those sentences?
Which of the options below matches the blank spaces of those sentences?
20.1. Reconciliation accounts are general ledger accounts assigned to the business partner master
records to record all transactions in the sub-ledger.
20.2. For accounts without line item display, the most important data from the posted line items
is stored in a special index table.
20.3. The account currency must be in the local currency.
20.4. Items in accounts with open item management means the G/L accounts should have a
offsetting posting for a given business transaction.
Answers:
1. C
2. A, C, D, E.
3. D
4. A, B, C, D, E.
5. B, D, E.
6. A
7. D
In fact, the main advantage of using variants is that it is easier to
maintain properties, which are common among several business objects.
8. B
9. C
10. A, C.
Most of the world’s currencies are already defined into R/3 system.
11. B
Be careful: A base currency can only be used for an average rate, not for a selling or a buying
rate.
12. A
13. E
14. B, C, D, E.
A chart of accounts is a variant, which contains the structure and the basic information about
general ledger accounts.
15. A, B, D, E.
16. A, B.
17. True or false:
17.1. True.
17.2. False. For P+L statement accounts the balance is carried forward to a retained earnings
account and the P+L statement account is set to zero.
17.3. True.
17.4. True.
17.5. False. It is possible to influence the appearance of an account’s master data using the field
status.
18. D
19. D
20. E
a) [ ] P+L Statement.
b) [ ] Reconciliation.
c) [ ] Revenue.
d) [ ] Material Stock.
e) [ ] Tax.
2. Consider the following statements:
2.1. Accounts with open item management must have line item display activated.
2.2. You can activate or deactivate open item management everytime, even if the account
hasnÂ’t a zero balance.
2.3. You can select both local and foreign currencies as account currency.
2.4. If the account is the local currency, the account can only be posted to this currency.
2.5. When using the “Only Balances in Local Currency” indicator in the master data record,
transaction figures 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 select the sentences you think they are correct)?
a) [ ] 2.1.
b) [ ] 2.2.
c) [ ] 2.3.
d) [ ] 2.4.
e) [ ] 2.5.
3. True or false?
3.1. The “Only Balances in Local Currency” indicator must not be set in reconciliation accounts
for customers or vendors.
a) [ ] True. b) [ ] False.
3.2. The “Only Balances in Local Currency” indicator is usually set in balance sheet accounts
that are not managed in foreign currencies and not managed on an open item basis.
a) [ ] True. b) [ ] False.
3.3. Accounts with a foreign currency as an account currency can be posted to any currency.
a) [ ] True. b) [ ] False.
3.4. You can use a group chart of accounts for internal purposes.
a) [ ] True. b) [ ] False.
3.5. The usage of a financial statement version for the group chart of accounts is optional.
a) [ ] True. b) [ ] False.
4. What 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 could have 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 acounts segment of the
operational account.
5.1. You cannot use the country chart of accounts if you desire to use the cross-company code
controlling.
5.2. The disadvantage of using country chart of accounts is the accounting clerks who may be
familiar with the country chart of accounts first have to get used to using the operational chart of
accounts.
5.3. Reconciliation accounts are updated on a daily basis.
6. Which are the segments of the SD view of the customer account master data (Note: we can
have more than one correct sentence. Please select the sentences you think they are correct)?
a) [ ] Client.
b) [ ] Company Code.
c) [ ] Controlling Area.
d) [ ] Sales Area.
e) [ ] Purchasing Organization.
7. Which are the segments of the MM view of the customer account master data (Note: we can
have more than one correct sentence. Please select the sentences you think they are correct)?
a) [ ] Client.
b) [ ] Company Code.
c) [ ] Controlling Area.
d) [ ] Sales Area.
e) [ ] Purchasing Organization.
8. What is the segment that makes complete both customer and vendor accounts (Please choose
the correct sentence)?
a) [ ] Client.
b) [ ] Company Code.
c) [ ] Controlling Area.
d) [ ] Sales Area.
e) [ ] Purchasing Organization.
9. What characteristics are configured as standard for every customer/vendor account (Note: we
can have more than one correct sentence. Please select the sentences you think they are correct)?
Which of the above statements are true (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)?
a) [ ] 10.1.
b) [ ] 10.2.
c) [ ] 10.3.
d) [ ] 10.4.
e) [ ] 10.5.
11.1. For every bank that is used in the system (for example, as a house bank or as a
customer/vendor bank) you have to create a bank master record.
a) [ ] True. b) [ ] False.
11.2. Banks that are used by your company are defined as house banks.a) [ ] True. b) [ ] False.
11.3. You cannot create bank master data when entering bank information in the customer or
vendor master record.
a) [ ] True. b) [ ] False.
11.4. Bank Account and G/L Account are the same master data object.
a) [ ] True. b) [ ] False.
11.5. Customers that use the lockbox function can create a batch input session that automatically
updates customer banking information in the master record.
a) [ ] True. b) [ ] False.
12.1. The system can assign the document numbers or the user can assign
the number during document entry.
12.1. A business transaction creates only one document.
12.3. Document types are defined at company code level.
12.4. Number ranges for document numbers and account types defined for postings are defined
by the document types.
12.5. Document types also define whether invoices are posted with the net procedure.
13. What do the posting keys specify (Note: we can have more than one correct sentence. Please
select the sentences you think they are correct)?
14.1. A company code must be assigned to a posting period variant to have the control for
posting periods.
14.2.‘+’ symbol represents all account types in the posting period customizing screen.
14.3. The account interval in the posting period customizing screen can be both G/L and
subledger accounts.
14.4. The maximum amounts are defined per company code in “tolerance groups”.
14.5. It is not possible to assign tolerance groups to user logon ID’s.
15. What fields of a FI Document Header section can be changed after a document has already
been posted (Note: we can have more than one correct sentence. Please select the sentences you
think they are correct)?
a) [ ] Fiscal Year.
b) [ ] Reference Number.
c) [ ] Text fields.
d) [ ] Header text.
e) [ ] Posting date.
16. About the change control, what conditions below are applicable (Note: we can have more
than one correct sentence. Please select the sentences you think they are correct)?
a) [ ] 16.1.
b) [ ] 16.2.
c) [ ] 16.3.
d) [ ] 16.4.
e) [ ] 16.5.
17. What are the prerequisites to enable negative postings (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?
18. What is the purpose of the terms of payment (Please choose the correct sentence)?
19.1. Terms of payments are copied from invoice to credit memos when they are linked to.
19.2. Inserting a “V” in the invoice reference field during document entry means the terms of
payment are activated in the
non-invoice-related credit memos.
19.3. The account type field in terms of payment basic data screen should be defined separately,
to prevent any done change in the term of payment.
19.4. The system cannot define the splitment of an installment payment, at least you define it in
the terms of payment.
19.5. The day limits define the dates of the cash discount periods.
Which of the statements above is false (Please choose the correct sentence)?
a) [ ] 19.1.
b) [ ] 19.2.
c) [ ] 19.3.
d) [ ] 19.4.
e) [ ] 19.5.
Answers:
1. B, C, D, E.
2. A, C, E.
3. True or false:
3.1. True.
3.2. True.
3.3. False. Accounts with a foreign currency as an account currency can only be posted to in this
foreign currency.
3.4. True.
3.5. False. You must use a financial statement version for the group chart of accounts.
4. C.
Item “a” is related to Collective Processing for G;L Accounts Master Data.
Item “b” is not true for the R/3 system concept. If the account currency is the local currency, the
account can be posted to in any currency.
Item “d” and “e” are some actions to be done for using group chart of accounts, so, they are not
the disadvantage.
5. B.
In fact, since all company codes use the same operational chart of accounts for postings, you can
carry out cross-company code controlling. About Reconciliation accounts, they are updated
realtime.
6. A, D.
7. A, E.
8. B.
9. A, D.
10. B, C, D.
11.1. True.
11.2. True.
11.3. False. In fact, we can create bank master data when entering bank
information in the customer or vendor master record.
11.4. False. Each bank account is reflected in the SAP System by a combination of house bank
ID and account ID. This combination is entered in a G/L account that represents the bank
accounting the general ledger.
11.5. True.
12. A.
13. A, B, C, E.
14. D.
15. B, C.
16. B, D, E.
17. A, B, C.
18. A.
19. E.
The day limits are used to store several versions of terms of payment under the same terms of
payment key.
20. True or false:
20.1. True.
20.2. False. Two types of taxation can be represented in the R/3 system: taxation at national level
and taxation at regional/jurisdiction level.
20.3. False. A tax calculation procedure is assigned to every country for carrying out tax
calculations.
20.4. True
20.5. False. If you have selected this field, no manual tax postings are allowed.