Practice Test 4

To which organization unit can you assign your validation and substitution?. Master Data. Business area. Profit center. Company code.

Which field can be edited before a parked document is posted? ( any 4 answer). Currency. Company code. Amount. Posting date. Account. Tax Code.

Which information do you maintain for house banks any 3 answer. General ledger accounts. Bank accounts for each house bank. Information for electronic bank statements. Information for electronic payment transaction. Customer and vendor accounts.

What is controlled by the terms of payment? any 3 answer. Default payment method. Setting for net procedure. Allowed account type. Account for cash discount received. Determination of the baseline date.

Which specification can you choose in the reverse document header data to reverse a general ledger posting?. Posting date. Document date. Payment block. Base date.

What happens when you post an outgoing partial payment?. The invoice is cleared. The invoice remains open. A new open item is created with reference to the invoice. A payment block is set on the invoice.

What do you define in customizing for the payment program? FBZP any 3 answer. Bank subaccount. Forms of the payment media. Available amount. Assignments for the profit center. Prerequisites for the debit balance check.

Which activities are not performed to create new validation and substitution? Any 2 Answers. Select the correct call-up point. Choose the chart of account. Define the area of application. Deactivate all former validation and substitution.

What is the Transaction code for Assignment and Activation of Validation and Substitution in Accounting Document Any 2 Answers. GGB1. OBBH. GGB0. OB28.

For which of the following can you park documents? Any 2 answers. Customer accounts. General ledger accounts. Material accounts. Sales invoice.

The parking function can be utilized for dual control. True. False.

A document number is assigned based on the document type with the Hold Document function. True. False.

What is the maximum number of steps possible in validation?. 99. 199. 990. 599. 999.

A single substitution process can replace only one value. True. False.

The substitution value is a numerical value or a string of letters that replaces the value entered. True. False.

You can post parked documents as standard transactions individually or using a selection list. True. False.

You can use account assignment templates and the functionality "Post with reference" to park documents. True. False.

Select Correct Technical Name of Fields. Line Item. Payment Term. Document No. Line Item ID. Company Code. Account Type. Fiscal Year.

Correct match of Technical Names. GL Account. Customer. Vendor. Asset. Cost Center. Proft Center.

During which actions does the system assign the document number for Financial Accounting? Any 2 Answers. Hold. Park. Simulate. Post.

What are the call-up points for validations in FI?. Document header, document type, and complete document. Basic data section, detailed data section, and line item. Document header, line item, and complete document. Basic data section, line item, and complete document.

You have two house banks. Each house bank has three bank accounts. How many separate G/L accounts do you recommend the customer creates in the chart of accounts?. Two – one for each house bank. One for all postings. Three – one for each bank account. Six – one for each combination of house bank and bank account.

A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memo. Which accounts will be used to issue credit memos?. Payables and expense account. Payables and revenue account. Receivables and expense account. Receivables and revenue account.

Which of the following status symbols are used in customer and vendor line item ? Any 3 answers. Open. Parked. Cleared. Not due. Overdue.

Which field can be edited before a parked document is posted? Any 3 answers. Currency. Company code. Amount. Posting date. Account.