Each company code is an independent accounting unit. True False.
Which of the following original Management Accounting objects can you assign in the asset master record? (3 Answers) Activity Type Cost element Order Cost center.
It is possible to assign an asset two cost centers. True False.
You can assign a financial statement version for each depreciation area so that you can display financial statement items in asset reports. True False.
Which of the following control data is carried by asset classes? (3 Answers) Number range interval Insurance type Account Determination Screen Layout.
An asset class can be linked only to a single chart of depreciation. True False.
Asset classes are created at client level. True False.
An essential function of account determination in the asset class is to establish a link between the asset master records, their values, and the G/L accounts to which the related asset values and depreciation are posted. True False.
The number range controls the assignment of the asset master record number. True False.
Which of the following parameters are controlled by the screen layout? (3 Answers) Field selection Maintenance level Reference Number range.
The maintenance level of the depreciation screen layout rules guarantees that depreciation is controlled uniformly. True False.
You can also enter down payments on an asset under construction (AuC) in accounts payable accounting processes. True False.
Low value assets cannot be managed collectively, regardless of the number of assets per master record. True False.
When you create multiple similar asset master records, which of the following fields allows you to make separate entries for each individual asset? (3 Answers) Description of the asset License plate number Inventory number Cost center.
The system does not create a change document every time you change an asset master record. True False.
Identify some of the fields related to the depreciation area in the asset master record. (3 Answers) Depreciation start Asset description Useful life Scrap value.
To carry out mass changes, you can edit a worklist from the FI-AA application menu. True False.
Every transaction in customer and vendor accounts in the accounts payable (AP) and accounts receivable (AR) subledgers and in the asset accounts has a direct effect on the corresponding accounts of the general ledgers. True False.
The system stores the depreciation start date in the depreciation areas of the asset master record. True False.
The posting date and the asset value date need not be in the same fiscal year True False.
With new General Ledger Accounting (G/L) and activated document splitting, the program SAPF18 is no longer required. True False.
After the activation of the Profit Center and Segment account assignment objects, these items are also available in the screen layout for asset master data. True False.
There is no check for unique profit center and segment assignment directly in the asset master data (up to SAP ERP 6.0 EHP4). True False.
To display the Profit Center and Segment fields in the asset master data, EHP5, business function FIN_GL_REORG_1 and the activation of Segment Reporting in FI-AA is not needed. True False.
The new fields profit center and segment are also available in the definition of substitutions or validations for Asset Accounting. True False.
The production run of the program FAGL_ASSET_MASTERDATA_UPD can only be started in the background, and the program produces two spool lists. True False.
Which of the following logistic processes are involved in asset acquisition with materials management (MM)? (3 Answers) Purchase requisition Purchase order Goods Receipt Inventory receipt.
You can create an asset master record when posting a procurement document. True False.
If the goods receipt is not valuated, the asset is capitalized during invoice verification. True False.
The values of the accounts for revenue from asset sales and clearing asset retirement can be shown in notes to the financial statement. True False.
On what basis does the system determine the period for the asset retirement? Asset value date (asset retirement date) Net book value.
When you use the new value method in transaction ABT1N, the system capitalizes the amount of the sales revenue on the target asset. True False.
In transaction ABT1N, the system automatically determines the relationship type between company codes using the company IDs of the Company Codes. True False.
Using the transfer variant, it is possible to determine the transaction types with which the transfer is recorded in the source and the target asset. True False.
When you capitalize the asset under construction (AuC), you can transfer the values to one or more completed assets. True False.
What are the two phases of AuC that are relevant to Asset Accounting? (2 Answers) Under-construction phase Useful life phase Assets transfer phase Accounting phase.
When you enter the relevant transaction type during execution of unplanned depreciation, the system recognizes that you want to perform manual depreciation. True False.
You can select the depreciation areas for which you want to enter depreciation while posting unplanned depreciation. True False.
Depreciation areas are identified in the system by two-character numeric keys. True False.
The usage of which of the following depreciation types can be activated per depreciation area? (3 Answers) Ordinary depreciation Special depreciation Unplanned depreciation Scheduled depreciation.
Which of the following methods does the depreciation key define? (3 Answers) Multilevel method Period control method Base method Asset sheet valuation method.
Which of the following parameters can be changed on a time-dependent basis? (3 Answers) Depreciation key Useful life (year or period) Variable depreciation portion Depreciation start date.
You can use index series for indexing the acquisition value and thus calculate a replacement value. True False.
Which of the following are posted in the program RAPOST2000? (3 Answers) Ordinary depreciation such as book depreciation or imputed depreciation Unplanned depreciation or other manually planned depreciation Imputed interest Parallel APC values.
You can start the fiscal year change program during the last posting period of the current year. True False.
The year-end closing program RAJABS00 checks if depreciation and asset balances are posted in full. True False.
All reports allow you to sort and total data in different ways using definable sort criteria. True False.
Which of the following functions include the important functions of the SAP List Viewer tool? (3 Answers) Setting filters Defining print parameters Deleting and inserting columns Calculating totals and subtotals.
Which of the following options are included in the Asset Explorer? (3 Answers) Drill down to Financial Accounting (FI) document Post documents Display depreciation calculation Drill down to reports.
The asset history sheet is an important and comprehensive year-end or intermediate report. True False.
Reports can be included in role-based user menus. True False.
In the Financials information system, you can evaluate the posted data as soon as it has been entered in SAP ERP and trace the origin of the data right down to the document level. True False.
Which of the following is used to save a predefined set of parameters for a report? SAP List Viewer Report Painter Report Variant Drilldown Reporting.
Which are the two types of selection variables available? (2 Answers) Table Report Dynamic date calculations Text.
The SAP List Viewer is a generic display tool that creates a standard ________ from predefined data. sequential list ergonomic list hierarchical list.
You can develop powerful data mash-ups by using SAP Crystal Reports. True False.
When you view an open item list for a past key date, the items that have subsequently been cleared are shown as closed, even if the key date selected is before the item was cleared. True False.
When you choose open items, you can choose items that are or were open at a specific time. True False.
Using the sort field in the G/L account master data, you can specify what information is posted on the assignment field. True False.
You can use Report Painted to create the drilldown report forms required for drilldown reports in Financials. True False.
The functions of drilldown reporting are divided into ____ levels. Two Three Four Five.
You an define exceptions for any key figure not only in a cell but also in an entire column of a report. True False.
Identify the analytical functions in drilldown reporting. (3 Answers) Cumulative curve Exception graph ABC analysis Classification.
Using a graphical drilldown report, you can show a detail list and a drilldown list on the same screen. True False.
You can use selection variants to execute reports in the background. True False.
When you ________ a report, the system either selects the data from the database or reads it from a buffer (COIX_DATA). create deleted modify execute.
If you create a variable that can be used only in a special form or report, which type of variable have you created? Local variable Global variable Report variable Form variable.
If you want the text in the rows or columns to be defined by variables and not be fixed, you have to use a text variable. True False.
The content of a cell is usually determined when you have defined at least one ___________ that can be included in the formula. cell row column text.
In a characteristic hierarchy, each value can appear ____ throughout the entire hierarchy. once two times multiple times.
Which of the following can you call from within a drilldown report? (3 Answers) Other drilldown reports SAP Executive Information System (EIS) report portfolio reports A web page A transaction.
Special G/L transactions are transactions in accounts receivable and accounts payable and are separately displayed in the general ledger subledgers. True False.
Transactions in the subledgers (for example, accounts receivable and accounts payable) are also posted on the reconciliation accounts in the general ledger. True False.
What sort of special general ledger types exist? (3 Answers) Noted items Final payments Automatic offsetting entries (statistical) Free offsetting entries Other types.
Which of the following statements apply to the special general ledger types of noted items? (3 Answers) No special general ledger indicators of your own can be created of this type. The account for the offsetting entry is selected automatically. No postings are made on an offsetting account Noted items are posted to an alternative reconciliation account. No zero balance check is made in the system. .
For which of the following transactions can you use noted items? Late payment Down payment request Vendor payment Customer payment.
In the SAP ERP application, the payment program and dunning program can access noted items for further processing. True False.
Which of the following is an example of an automatic offsetting entry? Bank posting of a received down payment Posting of a guarantee of payment Down payment request.
Transaction figures are updated for down payment requests. True False.
Which is the first step in the procedure of making down payments in the customer area? Down payment request Down payment received Customer invoice Clearing.
When preparing the balance statements for year-end closing, you need to enter the disputed or doubtful receivables as flat-rate value adjustments True False.
You can post the special G/L transactions from the application side using special posting keys and special general ledger indicators True False.
Special G/L indicators for customer and vendor down payments are configured together. True False.
For which type of account is the line item display generally active? Reconciliation account Customer account Vendor account Special G/L account.
For which of the following special G/L transactions does the SAP ERP application not update the transaction figures? Noted items Customer account Vendor account Special G/L account.
When the procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? Creation of purchase order Goods receipt Invoice receipt.
During the invoice receipt step of the three-step reconciliation, a material document is created in Materials Management to update the stock. True False.
A delivery document is created on the day of delivery. True False.
Document flow is an instrument that you can use to view the documents belonging to a transaction. True False.
Where is the billing document created? Financial Accounting Sales and Distribution Accounting Materials Management.
Down payments received reduce the total of which of the following entities? Payables Bank balance Receivables Inventory.
A sales order creates a Financial Accounting (FI) entry. True False.
Which functions allow you to temporarily save the entered data? (2 Answers) Parking function Hold function Save function Insert function.
Documents that the SAP ERP application holds do not have to be complete. True False.
You cannot supplement, check, or post the parked documents at a later date. True False.
You can use account assignment templates and the functionality "Post with reference" to park documents. True False.
For which of the following can you park documents? (2 Answers) Customer accounts General ledger accounts Materials accounts Sales invoice.
You can post parked documents as standard transactions individually or using a selection list. True False.
You can run an optional completeness check during document parking. True False.
Identify fields that cannot be changed while changing parked documents. (3 Answers) Currency Document type or document number Company code Account assignment objects.
The document change rules that are saved for documents posted in the SAP ERP application apply to parked documents. True False.
It is not possible to reuse the document number of the deleted document True False.
The SAP Business Workflow has _____ process dimensions Two Three Four Five.
What type of architecture does SAP Business Workflow use? Two-tier Three-tier Single-tier Four-tier.
Workflows are usually initiated by a triggering event. True False.
You define a workflow step when you enter a job in the workflow definition. True False.
A document number is assigned based on the document type with the Hold Document function. True False.
Which of the following statements is correct? (2 answers) A company code can be assigned several workflow variants. A task can be assigned only one possible processor. It is possible to design multilevel workflow sequences. The same workflow variant can be assigned to several company codes. .
A work item can be performed or passed on as long as "Set to completed" has not been selected. True False.
It is not possible to apply different release procedures to different accounts receivable and payable. True False.
The validation function helps you to check the entered values and value intervals. True False.
Callup points are specific places in an application that specify the exact location of where a validation and substitution occur. True False.
When you create validations, substitutions, and rules, you must assign an application area. True False.
A validation and substitution cannot be valid for several company codes at the same times. True False.
Identify the callup points that have been provided for Financial Account (FI). (2 Answers) Document Header Controlling Area Document line Organizational unit.
Identify the application areas where validations and substitutions can be used. (3 Answers) FI - Financial Accounting CO - Cost Accounting SD - Sales and Distribution AA - Asset Accounting.
You can use Boolean logic to define different types of logical statements. True False.
A message can contain up to six fields. True False.
You can compare text patterns in your statements using the keyword LIKE. True False.
What is the maximum number of steps in a validation? 99 199 566 999.
If the perquisite statement is satisfied, a check is performed. True False.
Substitution permits the customer-specific enhancement (substitution) of certain field contents. True False.
The prerequisite statement establishes which conditions must be fulfilled before the substitution can be performed. True False.
The substitution value is a numerical value or a string of letters that replaces the value entered. True False.
If the substitution step prerequisite is true at runtime, the SAP ERP application substitutes the contents of the field with the contents of the source field. True False.
A single substitution process can replace only one value. True False.
A rule permits complex logic to be summarized and can be reused. True False.
To improve system performance, you should use basic or single-dimension sets rather than long lists of Boolean statements or user exits. True False.
If a Boolean statement is used often or if it contains complex logic, you can create a rule for this statement. True False.
To execute cross-validation with values of different characteristics you can use single sets. True False.
Data is archived in offline mode; in other words, the system has to be shut down during archiving. True False.
Database backups are dependent on data archiving. True False.
An increasing database size means a higher system load for individual database queries. True False.
Identify the reasons for archiving data. (3 Answers) Improving response times and ensuring good response times. Lowering the effort involved in database administration. Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups. Using data as a backup. .
In archiving object-specific Customizing, settings for the deletion program are maintained in addition to a logical file name for the specific archiving object. True False.
At runtime, the logical file name that is used for the archiving object is transformed into a platform-specific physical file name under which the archive files are then saved to the file system. True False.
Which of the following components make up an archiving object. (3 Answers) Data declaration part Customizing settings Programs Variables.
Archiving Customizing is used to set parameters that affect how data are archived. True False.
When configuring Customizing for document archiving, you cannot make entries for the company code, document type, and account type; you can only enter an asterisk (*). True False.
Identify some of the checks for archiving G/L accounts (master data). (3 Answers) Has a deletion indicator been set? Are there (still) transaction figures (for example, have they already been archived?) Are there (still) documents? Is the fiscal year closed? .
If there is no entry or if a runtime value is empty, the system used a minimum runtime of 999 days. True False.
If the deletion program is not executed automatically by the settings in Archiving object-specific Customizing, the delete job is started every time an archive file is created. True False.
During the archiving procedure, if the application generates a specific log, it is used; otherwise, you need to create a log. True False.
In the processing options, it is possible to specify the search strategy to individual document searches so that archived data can be displayed. True False. .
The documents archiving program does not take into account, recurring, parked, or sample documents. True False.
You can archive the transaction figures only if the respective period to which they belong is closed. True False.
The deletion flag is one of the requirements that the system checks before archiving the master data. True False.
At which level can document splitting be activated? Cost center level Company code level Controlling area level Client level.
Activation of Zero balance indicator is enough to create a balance sheet for document splitting characteristics, for example, Profit Center. True False.
As of SAP ERP 6.0, before posting you can only simulate the data entry view but not the general ledger view. True False.
Using the Expert Mode, you can view the splitting method, business transaction, and how the amounts are split. True False.
Which of the following SAP standard document splitting methods includes the majority of all the required document splitting rules? Z000000011 0000000010 0000000012.
To use the document splitting wizards, you need the activated business function FIN_GL_CI_2. True False.
It is possible to use more than one splitting method for a client. True False.
On which level is new Asset Accounting Activated? System Client Company Code Chart of Depreciation.
Which of the following are configuration options with the new Asset Accounting? (3 answers) Transaction types limited to specific depreciation areas Selection of Depreciation Areas for Quantity update Specification of alternative document types for integrated transactions Revenue distribution for retirement by APC or net book value.
You have specified 15 separate depreciation areas. Five post to the general ledger in real time and 10 derive values from those 5 depreciation areas. How may depreciation areas will be assigned to a ledger group? 5 10 15 1.
Not every individual document is transferred from phase 0. True False.
The Migration Monitor resembles Customizing and maps all the steps to be carried out. True False.
The SAP General Ledger Migration service ensures the quality of a project for migration to new General Ledger Accounting and minimizes risks connected with the project. True False.
On which Web page can you find all the information you need to know before the start of a migration to new General Ledger Accounting? www.services.sap.com www.serve.sap.com www.service.sap.com/glmig www.survive.sap.com.
|
