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Title of test: sap fi 61-90 Description: sap fi test 61-90 Author: Hanif Hamdani Other tests from this author Creation Date: 26/06/2018 Category: Science Number of questions: 30

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What happens when you post an outgoing partial payment? Note: there are 2 correct answers to this question. the invoice is cleared a payment block is set on the invoice the invoice remains open a new open item is created with reference to the invoice. About evolution in the world of business, we can affirmate that... Please choose the correct answer. In the first the companies were looking at Cost reduction and efficiency through integration of business communities. The internet revolution could turn available to companies the use of ERP functionality. The internet has driven to a collaborative environment where value is created through collaboration within business communities. The next generation of "new dimension" products appeared taking functionality out of the company, to bring value through extending the Internet Revolution. A customer wants to define a chart of depreciation. How do you recommend setting up depreciation areas? Please choose the correct answer. Based on the relevant chart of accounts Based on the aims of internal or external reporting Based on company codes Based on relevant currencies. Which of the following factors determine field status for vendors? Please choose the correct answer. Account group, transaction, and company code Account group, chart of accounts, and company code Account group, transaction, and chart of accounts Transaction, chart of accounts, and company code. Which functions are provided by the Reclassify Payables/Receivables closing activity? There are 2 correct answers to this question. Adjustment postings for changed reconciliation accounts Regrouping and sorting of payables and receivables Automatic correction of bad debits or credits Open item analysis for liquidity forecast Credit check and rating of open items. Consider the following sentences, which of them is false? 1) The variant principle is a three-step method used in R/3 to assign special properties to one or more R/3 objects. 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. 3) For using the variant principle, you must define the variant, populate it with values and assign it to the R/3 objects. 4) This principle is used for Fiscal Years, Posting Periods and so on. Please choose the correct answer. 4 1 2 3 1 and 2 1 and 3. The field status definition from the account group and the transaction are considered for each field. The field status definition with the higher priority is used. Which priority sequence, going from the highest to the lowest, is correct? Optional Entry, Hide, Display, Required Entry. Hide, Display, Required Entry, Optional Entry. Required Entry, Optional Entry, Hide, Display, Display, Required Entry, Optional Entry, Hide. What are the prerequisites for setting up cross-company cost accounting? There are 2 correct answers to this question. The same variant for open periods is used for all company codes. The same currency is used for all company codes. The same chart of accounts is used for all company codes. The same fiscal year is used for all company codes. Which object do you have to activate to maintain profit centers directly in Asset Accounting with all business functions for new General Ledger Accounting activated? Profit Center Reorganization. Segment Reorganization. Profit Center Update Scenario. Segment Reporting. Which factors determine the fiscal year variant you would assign to a company code? The need to control which periods are open for posting for specific user groups. The existence of a shortened fiscal year. The fiscal year start and end period of the company. The use of a specific fiscal year variant by other company codes on the client. The need to control which periods are open for posting for the company code. Down payments can be posted using a special G/L transaction. What is the main benefit of this functionality? Please choose the correct answer. It shows data in the appendix of the balance sheet. It posts down-payments to a reconciliation account that is different from that of ordinary payables and receivables. It automatically creates the final invoice and clears down-payments against it. It automatically clears down-payment requests. SAP Solution Manager provides support throughout the life cycle of solutions - which common usage scenario is missing from the list of usage scenarios below? (Implement SAP Solutions), (Monitor SAP Solutions), (Manage Service Desk), (Link to SAP Services), (Upgrade SAP Solutions) Please choose the correct answer. Manage Change Requests Monitor Service Desk Implement SAP Services Link to Change Requests. In the Data Entry view, what is the maximum of line items in a single FI document? 9999 999 Unlimited 99. What is the purpose of account determination in the accrual engine? There are 2 correct answers to this question. To determine debit and credit accounts To determine the CO object To determine the correct posting period To determine the document type. Special G/L transaction can be divided into which types? (Three correct) Document parking. Interest Free offsetting entry Automatic offsetting entry. Noted item. Identify the benefits of SAP Solution Manager? There are 5 correct answers to this question. More leverage from IT investments Reduced ROI Reduced cost of implementation Reduced cost of operation More reliable IT solutions Faster ROI. Which activity will have an impact on the net book value of an asset? Please choose the correct answer. Changing the assigned WBS element Changing the account determination Changing the assigned cost center Changing the useful life of the asset. What is the disadvantage of using the group chart of accounts? Please choose the correct answer. Because you must enter the group account number in the chart of accounts segment of the operational account. Because changes to existing G/L Accounts are effective as soon as they have been saved and could have extensive consequences. Because accounts with the account currency as local currency can only be posted to this local currency. Because the company codes use different operational chart of accounts, you cannot carry out cross-company code controlling. Because the group chart of accounts must be assigned to each operational chart of accounts. What are the prerequisites for posting a vendor invoice in Financial Accounting? You have maintained the currency exchange rates in the system. You have set up a number range for the vendor invoice document type You have created a company code segment in the vendor master You have updated the bank details section of the vendor. Your chief accountant would like to display company-owned cars separately in the balance sheet. These cars were previously included in the asset class "factory and office equipment". What do you have to configure? Please choose the correct answer. Create a new account determination, but no new asset class. Create a new asset class and a new account determination. Create evaluation groups to subdivide all assets of the class. Create a new asset class, but use the same account determination. Which characteristics of account determination can be used to assign realized exchange rate differences to different G/L accounts ? There are 3 correct answers to this question. Currency Valuation key Chart of accounts Valuation method Reconciliation account. What options do you have for posting an asset acquisition? There are 3 correct answers to this question. Asset acquisition posted via the accrual engine Asset acquisition integrated with accounts payable Asset acquisition using a clearing account Asset acquisition posted via the payment program Asset acquisition posted from Materials Management. A customer wants to create a report that is to be run on a monthly basis showing documents within a specific range for a specific company code that have been posted within the current month. How can you create this type of report ? Please choose the correct answer. - Create a G/L Account Balances report. - Enter the values for the document range and company code. - After saving this as a variant, add an appropriate D (Dynamic Date Calculation) variable for the posting date on the Variant Attributes screen. - Create a Compact Document Journal report. - Enter the values for the document range and company code. - After saving this as a variant, add an appropriate T (Table) variable for the posting date on the Variant Attributes screen. - Create a Compact Document Journal report. - After running the report, save it to your desktop, where it can be updated every month. - Create a Compact Document Journal report. - Enter the values for the document interval and company code. - After saving this as a variant, add an appropriate D (Dynamic Date Calculation) variable for the posting date on the Variant Attributes screen. . What are the call-up points for validations in FI? Document header, line item, and complete document. Basic data section, line item, and complete document Basic data section, detailed data section, and line item. Basic data section, detailed data section, and line item. Document header, document type, and complete document. You entered a G/L account posting and received an error message which says that account type S is not allowed. Which object causes this error? Please choose the correct answer. Currency key Document type Posting key Field status variant. Which object has to be used to avoid a change of the reconciliation account in the customer's master data? Please choose the correct answer. The field status of the posting key. The field status group of the reconciliation account. The field status of the activity. The field status of the customer account group. At which level is the vendor account number (master record) assigned? At a combination of client and company code segment level. At a combination of client and purchasing organization segment level. At client level At company code segment level. A company code is... Please choose the correct answer. An independent accounting entity (the smallest organization element for which a complete self- contained set of accounts can be drawn up). An organizational unit that provides an additional evaluation level for the purpose of segment reporting, for example. A dependent accounting entity, according to Fiscal Year. An organizational unit in an enterprise that represents a closed system used for cost accounting purposes. The highest level in the R/3 system hierarchy. If a vendor is also a customer, which settings are necessary to clear both roles against each other? (Choose two) The payment program must be set up to allow debit checks for vendor and credit checks for customer. The Clearing with vendor field must be selected in the customer account, and the corresponding field must be selected in the vendor account. The vendor and the customer must be assigned to the same group account. The vendor number must be entered in the customers account, or the customer number must be entered in the vendor account. To which of the following does an asset class apply? Please choose the correct answer. To all company codes within a client, which share the same chart of accounts To all company codes in a controlling area To all company codes in an instance (client-independent) To all company codes in a client.

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