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Χρηματοοικονομική λογιστική

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Title of test:
Χρηματοοικονομική λογιστική

Description:
Πιστοποίηση Χρηματοοικονομικών ΣΑΠ

Author:
Dimitris
(Other tests from this author)

Creation Date:
18/05/2022

Category:
Others

Number of questions: 76
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Content:
What dunning -related data do you maintain on the business partner master record? (3 correct answers) Dunning Key Dunning block Dunning area Dunning interval Dunning procedure .
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? Lower the dunning level of an item  Change a document Block a line item Raise the dunning level of an account  Block an account .
Which parameters can you specify directly when you create a new correspondence type? Account required Company code required  Reason code required  Number of date fields required Document number required .
Which fields of a financial accounting document influence the automatic payment program? Baseline date Payment transaction Payment method Terms of payment Payment type .
You want to configure the default baseline date for the payment terms of an incoming invoice. From which date can you derive the baseline date? Posting date Entry date Document date Goods receipt date  Value date .
In your system, you currently perform manual outgoing payments and you want to use the automatic payment program. Which settings must you maintain as part of the configuration of the automatic payment program? Paying company code Bank determination  Payment blocks Payment terms .
In customizing, at which levels can you assign the print program to the correspondence type? At company code level  At client level  At system level At business partner level .
For which special G/L indicator do you specify a target special G/L indicator? Vendor down payment request  Bill of exchange Guarantee given Customer down payment .
Which of the following steps do you typically perform during a payment run with the automatic payment program? Maintain open item selection parameters Review the payment proposal exception list Rank bank accounts for payment Define maximum amounts to be paid per supplier. .
Which field can you change on a posted invoice? Baseline date Tax code  Special G/L indicator Statistical internal order .
Which of the following statements best describe a noted item? It has an automatic statistical offsetting entry It can be accessed by the payment program It can be used to remind the user about due payments It updates the subledger and the general ledger. .
On which levels can you maintain field status controls for business partners (BP)? BP category BP type Company Code BP role .
What you can control with the reason code in Accounts Receivable? The account where a residual item is posted The type of payment notice sent to customer The special G/L indicator for the down payment The exclusing of disputed residual items from credit limit checks The document type of the payment .
How does the system determine the correspondence type of a payment notice? According to the tolerance group, as long as all the tolerance groups carry the same correspondence type According to the reason code, as long as all the reason code carry the same correspondence type According to the tolerance group, as long as all the reason code carry the same correspondence type According to the reason code, as long as all the tolerance groups carry the same correspondence type .
Which business partner characteristic is mapped to the customer and supplier account groups? Business partner type Business partner role Business partner grouping Business partner account group .
Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line Item basis?  Cost center Fixed asset Functional area Profit center .
How do you identify an asset master record as an asset under construction? The ordinary depreciation start date is empty The asset belongs to a specific asset class The asset capitalization date is empty The depreciation key is empty .
You are asked to explain how assets under construction work in SAP S/4 HANA What should you highlight? It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction It is possible to post credit memos, even after assets under construction are fully capitalized It is possible to post special tax depreciation and investment support for assets under construction It is impossible to use assets under construction with Investment Management .
You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on classifications, useful life, and depreciation terms. What configuration step would you initiate to maintain these categories in SAP S/4HANA? Define depreciation areas for each category of legacy asset Configure depreciation keys and calculation keys  Define asset classes and maintain their attributes  Define a depreciation area to transfer all the legacy data .
How do you configure depreciation areas in SAP S/4 HANA? Ensure all depreciation areas always post to the general ledger  Assign each accounting principle to a depreciation area Ensure a ledger group is assigned to each accounting principle Assign depreciation area 01 to the leading ledger. .
You are configuring asset-related postings of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation Which of the following settings would lead to an error? Area does not post Area posts depreciation only Area posts in real time Area posts APC immediately, depreciation periodically. .
You are starting the fiscal year-end process in Asset Accounting in SAP S/4 HANA. What are the year-end closing program checks for Asset Accounting?  Depreciation is posted in full for all assets  The fixed asset fiscal year change is complete Posting periods are closed for asset G/L accounts Asset master data is complete and without errors .
What is the difference between the ledger approach and the accounts approach to parallel caluation in Asset Accounting? In the ledger approach, you assign a ledger group to every depreciation area, unlike the account approach In the leger approach, you maintain additional depreciation areas to post the delta valuation of each accouting principle, unlike the accounts approach. In the accounts approach, you assign a separate set of accounts for each accounting principle, unlike the ledger approach. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach .
Which date is used to determine the depreciation start date? Asset value date  Baseline date  Posting date Document date .
Which of the following should you consider when defining asset number ranges? Asset number range are defined at chart of depreciation level Each asset class can have either an internal or external number range Asset number range are defined for asset classes and are company code specific Each asset number range must be assigned to a unique asset class .
What do you define when configuring asset classes? Screen layout rules Transaction types Posting keys Number ranges Account determination .
What are the maintenance levels of a screen layout rule for asset master data? Main asset number Depreciation area  Asset subnumber Group asset Asset class .
In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalize in a single accounting priciple. If you use the application to post integrated asset accquisitions, how many documents will the system post? 3 2 4 1 .
How can you perform transfers of asset between company codes with different chart of depreciation? Configure the cross-company depreciation areas in Customizing. Define a global transfer variant and assign all the depreciation areas to it Enter depreciation area mapping during intercompany transfer posting Ensure the same depreciation areas are used in all charts of depreciation .
What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? You want to clean up your system and use SAP Best Practices You want to deploy SAP S/4HANA Cloud You want to integrate the system into SAP Cloud Platform You want to use document splitting for the General Ledger. .
You are a group cash manager interested in the North American business market. What are the personalization options available to you in SAP Fiori? You can create a tile to take you directly to the cash position of the North American business market You can adapt the launchpad color theme according to predefined values for the cash report You can create a tile group with all the apps required for you daily business for easy access You can manage user access to relevant apps for the North American accounts payable group that reports to you. .
What are some of the benefits of the data handing in SAP S/4HANA? The data is summarized into higher levels of aggregated to help system performance. The data is constantly auto archived to optimize memory usage. The data is available in real time at line item detail. The data is aggregated on the fly from any line item table. .
What are some features of SAP HANA? SAP HANA is optimized to work with aggregates and index tables. SAP HANA allows transactional and analytical processing from the same tables. SAP HANA is built on a hierarchical data model architecture. SAP HANA is optimized to organize data using column stores .
What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)? Data model Code line Configuration Scope User experience Upgrade intervals. .
You want to configure the tax calculation procedures. What are the main elements you need to define? Account key Tax category Condition type Tax code Sequence of steps .
What items are NOT cleared by the automatic clearing program? Items with withholding tax Noted items Statistical postings Items with sales and use tax Items with value-added tax .
What do you need to do to configure a new exchange rate type in SAP S/4HANA? Specify the company code currency as the base currency Specify a purpose for the exchange rate type Set up the relationship between currencies using translation ratios Maintain exchange rates daily .
How does SAP S/4HANA support the treatment of taxes? It checks the tax amount entered and automatically calculates the tax. It adjusts the tax codes and automatically updated the procedure. It posts the tax amount to tax accounts. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities. It perform tax adjustments for cash discounts and other forms of deductions. .
For which account can you perform account clearing in SAP S/4HANA? For any account that is assigned to a financial statement version For any G/L account defined as reconciliation account For any balance sheet account managed on a line item basis For any account that is managed on an open item basis .
What are the characteristics of a company in SAP S/4HANA? It represents separate areas of operation within an organization. It can be assigned to a company code. It is responsible for costs and revenues within an organization. It is considered for consolidation. .
A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR. Which currencies can you post to this account? You can post to the account in any currency and it will be converted into CAD. You can only post to the account in CAD and USD. You can only post to the account in CAD, USD, and EUR. You can only post to the account in CAD. .
At what level is the bank master data stores in SAP S/4 HANA? At the system level At the financial management (FM) area level At the company code level At the client level .
How does the system perform the normal reversal of a journal entry? It creates an inverse posting by decreasing the transaction figures It creates an inverse posting by increasing the transaction figures It creates the inverse posting of a cleared document before resetting it It creates an inverse posting by resetting the transaction figures. .
When is it possible to set the open item management indicator in a general ledger account? When an account has a zero balance When an account is set up as a secondary cost element When an account is set up as balance sheet account When an account is set up as a reconciliation account. .
You have been asked to set up house banks as part of the implementation. What information do you need? Bank Control Key Bank Master Data Payment method General ledger account Company code .
Which prerequisites must be fulfilled to allow for negative posting of journal entry? The company code must allow negative postings. The posting key must allow negative postings The reversal reason must be configured to allow negative postings. The reversal account must be configured to allow negative postings. .
Which statements best describe a profit center? It is an object for which separate balance sheet and P&L statements can be created, independently from segments being maintain or not. It is the only object from which segments can be uniformly derived. It is the only object that can be uniformly derived using segments. It is an object for which separate balance sheet and P&L statements can be created only when used in conjunction with segment. .
Besides using the profit center, which options dose General Ledger Accounting with document splitting provide to assign a segment to the posting line? Definition of validation rules Standard account assignment using constants Assignment of default segments to G/L accounts Badi implementation (FAGL_DERIVE_SEGMENT). .
You are responsible for configuring document splitting. What are some of the key settings? Business transaction variant Field status variant Document number range Document type. .
What does the document splitting functionality do? It enables the automatic creation of an additional posting document in case the original document contains more than 999 line items. It enables the automatic create of additional posting documents for each defined spliiting charecteristic. It enriches all relevant balance sheet account lines with the defined splitting characteristics. It enriches all customer and vendor line items with the defined splitting characteristics in the relevant subledgers. .
You are getting ready to post your first simple general ledger document using the SAP fiori app for posting in a test environment. What configuration items do you need to set up to post a simple document? User must be assigned to a tolerance group. Line item text templates must be maintained. The posting period variant must be created and assigned. Number range and document types must be maintained. .
What does the document type control? Which account types are allowed for postings Whether negative postings are permitted Which posting keys are allowed for postings Whether text is required on line item level .
You define custom currency type Z1 for your company code. Which currency types must be stored in the Data Entry view? Document currency Hard currency Custom currency type Z1 Company code currency .
You are running an international business and you want to separate legal entities to run operations and perform accounting activities. Which organizational unit do you need to create for each legal entity?" Company Consolidation Unit Company Code Business Area .
You need to post customer invoices via interface from a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system. How do you define the document number range? You can use internal or external number assignment. You can use internal or external number assignment, but it has to be continuous. You must use internal number assignment. You must use external number assignment. .
Which of the following statements best describes how customer down payments are integrated with Sales & Distribution (SD)? A down payment request is created as an FI noted item, which automatically generates as an SD sales order. A down payment request is created as an FI noted item, which automatically generates as an SD billing document. A down payment request is created as an SD billing document, which is automatically posted in FI as a noted item. A down payment request is created as an SD sales order, which is automatically posted in FI as a noted item. .
Which of the following statements are valid for financial document number ranges? The same financial document number range can be assigned to several document types Financial document number ranges must be defined for the year in which they are used Financial document number ranges are defined at company code level All financial document number ranges can contain numbers and/or letters Financial document number ranges defined at client level should NOT overlap. .
What is the recommended organizational unit for cost of sales accounting? Controlling area Profitability Segment Functional Area Profit center .
In your SAP S/4HANA system, you want to archive the G/L account that are not used by the business in any company code. What are prerequisites to archiving all data of a G/L account? Set the deletion flag in the company code data of the G/L account. There are no transaction figures for the account. Set the deletion flag in the chart of accounts data of the G/L account. The blocked for posting indicator is set for the G/L account. Transaction figured are older than a customizable amount of years. .
You want to define a validation for the combination of general ledger account and cost center. For which call-up point do you define this validation? Cost of sales accounting Complete document Document header Document line .
You assign currency type 40 to your company code in ledger 0L. Which source currency types can you select? Company code currency Document currency Group currency Controlling area. .
You want to create substitution in Financial Accounting. Which partsdo you have to define for each step of the substitution? Note: There are 2 correcanswers to this question. Check statement Callup point Substitution values Prerequisite statement. .
Which steps are required to create a substitution in Financial Accounting? Select activation level 2 Specify an authorization group Select the correct call-up point Assign the substitution rule to the controlling area Define the substitution rule with its different steps using the formula editor. .
What is the purpose of period interval 3 when you define open and closed periods? posting to special purpose ledger Posting to special periods Posting to the extension ledger Posting from CO to FI. .
Your SAP S/4HANA system is integrated with controlling. You perform cost-of-sales accounting and you report your profit and loss per profit center. When posting a supplier invoice to a primary account, which field is mandatory by standard procedures? Profitability segment Business Area Segment Functional Area .
After you collected data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process? 1. Present reconciled and non-reconciled data 2. Post the correction documents 3. Store the data 4. Communicate difference 1. Store the data 2. Present reconciled and non-reconciled data 3. Communicate difference 4. Post the correction documents 1. Post the correction documents 2. Store the data 3. Present reconciled and non-reconciled data 4. Communicate difference 1. Store the data 2. Present reconciled and non-reconciled data 3. Post the correction documents 4. Communicate difference. .
You post a purchase order For which expenses does the system calculate accruals? Insurance premiums Consulting services Fixed Asset purchases Raw material purchases .
You forget to add a new general ledger account to the financial statement version. What impact does this have on the net profit and net loss? The balance of the new account is added to the non-assigned section and is included in the calculation The balance of the new account is added to the notes in the financial statement item section and is included in the calculation The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation The balance of the new account is added to the non-assigned section and is excluded from the calculation. .
To use the SAP Financial Closing cockpit, which steps are required? Define the person responsible for tasks Release the task list Create a template Create task groups Define task dependencies .
You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed. What account does the system use to post the valuation differences? Adjustment G/L account for foreign currency Alternative reconciliation G/L account Supplier reconciliation G/L account Individual supplier accounts with special G/L indicator. .
What are the features of the Accrual Engine in SAP S/4HANA? Accrual postings with a maximum of two line items are supported All currencies of the general ledger are supported All accrual calculations must be reviewed and approved before posting The fiscal year variant of the general ledger is supported .
Which of the following is a technical year-end closing activity is SAP S/4HANA? Ledger balances must be carried forward. Foreign currency valuation must be posted. Balance sheet adjustments must be posted. Accruals must be posted. .
Which statements best describe extension ledgers in SAP S/4HANA? Extension ledgers can be assigned their own posting period variant. Extension ledger can be assigned their own fiscal year variant. Multiple extension ledgers can point to the same underlying ledger. Extension ledgers can have different currencies than the underlying. .
You want to post journal entries in a special period. Which conditions must be met? The special period must be open for posting in the period control. The balance carry-forward to the new fiscal year must have taken control. You must enter a posting date in the last posting period. The last posting period must be open for posting in the period control. .
You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting principles. How can you set this up in the system? Define two valuation methods and assign the ledger groups to the new valuation method. Define two valuation areas and two extension ledgers with relevant links to accounting principles. Define two valuation areas and two accounting principles with reelevate links to ledgers. Define two valuation methods and assign the accounting principles to the new valuation methods. .
Which closing activities are performed for external reporting as per SAP best practices? Update product cost estimates with standard prices. Run plan assessment cycles for profit centers. Perform valuations of open items in foreign currency. Regroup receivables and payables on the balance sheet. .
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