Which of the following can you choose for a report variant? A selection variable Batch input scheduling User group assignment Protect field.
What does the fiscal year variant control? The number of periods (up to 16 posting periods including special periods) The number of periods (up to 52 posting periods and special periods) The open periods (a period interval for closing and another for day-to-day business) The number of special periods available in addition to the normal periods.
Which of the following parameters are defined in the payment program to select appropriate open items? Program identification Exchange rate type Bank account Purchasing group.
Which of the following lists can be printed to help you edit a dunning proposal? Blocked line items Blocked accounts Condensed master data Sales statistics.
What is an independent fiscal year variant? It is a variant which you can define different number of periods, according to the year. 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. It is a variant which the postings periods are only equal to the months of the year. It is a variant not normally used because of its particularity. It is a variant which allows the use of different number of posting periods.
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 Reporting Profit Center Update Scenario Segment Reorganization.
The government announces that it plans to change the basic VAT tax percentages from 20% to 18%. What do you have to do in the system in order to comply? Create new tax codes with the 18% VAT percentage for input and output tax Create new tax codes with 18% VAT percentage for input tax Change the tax percentage for existing input tax codes to 18% Change the tax percentage for input and output tax codes to 18%.
What is a SAP Business Object? It is the representation of a central business object in the real world, such as an employee, sales order, purchase requisition, invoice and so on. It is composed of tables that are related in a business context, including the related application programs and it is maintained in the Class Repository. It is a sequence of dialog steps that are consistent in a business context and that belong together logically. It is the instanced class of the Class Builder. It is all the transaction data generated via transactions.
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? Create evaluation groups to subdivide all assets of the class. Create a new asset class, but use the same account determination. Create a new account determination, but no new asset class. Create a new asset class and a new account determination.
Which of the following factors determine field status for vendors? Account group, transaction, and chart of accounts Account group, chart of accounts, and company code Transaction, chart of accounts, and company code Account group, transaction, and company code.
Which of the following are the main components of a drilldown report? Variables and general selection criteria Variables and key figures Characteristics and variables Characteristics and key figures.
Which of the following accounts is assigned to the profit and loss section of the financial statement? Depreciation Accumulated depreciation Revenue Receivables.
You entered a non-invoice-related credit memo and selected Net Due 30 Days as the term of payment. The Invoice Reference field is empty.
What effect does this have on the term of payment entered in the credit memo? An error occurs. The term of payment entered in the credit memo is ignored during clearing. The term of payment entered in the credit memo is replaced by the term of payment from the last valid customer invoice. The term of payment entered in the credit memo is used during clearing.
If a vendor is also a customer, which settings are necessary to clear both roles against each order? The vendor and the customer must be assigned to the same group account. The vendor number must entered in the customer account, or the customer number must be entered in the vendor account. The payment program must be set up to allow debit checks for vendors and credit checks for customers. The Clearing with Vendor field must be selected in the customer account, and the corresponding field must be selected in the vendor account.
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 Solution), (Manage Service Desk), (Link to SAP Services), (Upgrade SAP Solutions) Monitor Service Desk Implement SAP Services Link to Change Requests Manage Change Requests.
In a payment run, the data entered for a payment method in the document may differ from the master data. How is this resolved by the system? Document data overrides master data. The payment run temporarily stops, and the system prompts you to correct the data. After you have corrected the data, the payment run continues. Master data overrides document data. The payment run stops and the system issues an error message.
You have been asked to copy a company code from an existing company code. Which existing objects can be assigned automatically? G/L accounts Profit center groups Customer master data controlling areas.
Which of the following statements are true? Every company code that needs to use an account from the assigned chart of accounts has to create its own company code segment. Number intervals for G/L account master records can overlap. In the chart of the accounts segment, it is necessary to indicate whether the account will be a balance sheet or a profit + loss statement account. For P+L statement accounts, the balance is carried forward to the same account. It is not possible to influence the appearance of an account's master data.
What functions within Asset Accounting allow mass processing? mass asset retirements mass asset changes mass deletion of active assets with net book value zero mass asset acquisitions.
At the end of a fiscal year the system carries forward the balance of certain accounts to a special retained earnings account and sets them to zero.
Which accounts are treated in this way? P&L accounts Balance sheet and P&L accounts Balance sheet accounts Accounts managed only on the basis of open items.
Your customer wants to access line items for individual P/L accounts without leaving the balance sheet and P/L display. What do you recommend? Run a line item report. Use the standard Financial Statements (RFBILA00) report. Activate the Line Item Display flag in the financial statement version. Use a drilldown report.
You want to reconcile the amounts you have in a main bank G/L account in your system with the daily bank statement. You create a single intermediate G/L bank account for each bank. All transactions with the bank are posted through the intermediate account.
Which of the following indicators do you have to activate in the G/L account characteristics of the intermediate account? P&L statement account Reconciliation account for account type Bank Line item display Open item management Post automatically only.
Which of the following is mandatory to make G/L accounts ready for posting? A company code segment and at least one cost element A chart of accounts segment and at least one company code segment A chart of accounts segment and at least one cost element A chart of accounts segment and at least one functional area.
You are testing the payment program. The payment run has been executed. When you look at the program log you notice that the payment method check shows that part of the address is missing from the vendor master.
In Customizing for payment programs, where can you see which data is mandatory? Company code data for the payment methods Country data for the payment methods Bank account determination Paying company codes for payment transactions.
Consider the following sentences about field status:
1) Fields which __________ can be made _______.
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? 1) must have an entry / optional, 2) optional 1) must have an entry / suppressed, 2) suppressed 1) must have an entry / required, 2) optional 1) must not have an entry / optional, 2) suppressed 1) must not have an entry / required, 2) optional.
A company uses different terms of payment. What can you define for these terms of payment? Cash flow calculation Cash discount periods Interest calculation Baseline date for due date calculation Cash discount percentage rates.
Which of the following objects can be used to derivate segments automatically? Cost center Profit center G/L account Functional area.
What do you need to configure in order to create a correspondence type? Tolerance group Print program Variables Form.
Which functions are provided by the Reclassify Payables/Receivables closing activity? Regrouping and sorting of payables and receivables Automatic correction of bad debits or credits Credit check and rating of open items Adjustment postings for changed reconciliation accounts Open item analysis for liquidity forecast.
You need to add a new depreciation area. Which object within Asset Accounting do you need to update? Depreciation keys Asset history sheets Asset classes Transaction types.
A customer wants to define a chart of depreciation. How do you recommend setting up depreciation areas? Based on the relevant chart of accounts Based on company codes Based on the aims of internal or external reporting Based on relevant currencies.
You configure the available amounts for bank accounts. What happens to these available amounts during the payment run? They are updated automatically. They are updated automatically, but have to be released by another user (dual control). They are set to zero. They are not updated.
What limitation do you have to consider for the fiscal year variant assigned to the leading ledger of a company? It must be the same as the posting period variant assigned to the company code It must be the same for all ledgers that are used by the company code It must match all other company codes assigned to the same controlling area It must have 12 normal periods and up to 4 special periods (13 to 16 periods in total).
In the Data Entry view, what is the maximum number of line items in a single FI document? Unlimited 99 999 9999.
What are the prerequisites for setting up cross-company-code cost accounting? The same chart of accounts is used for all company codes. The same currency is used for all company codes. The same fiscal year variant is used for all company codes. The same variant for open periods is used for all company codes.
Which data do you maintain in the chart of accounts segments of a G/L accounts? Reconciliation data Authorization data Consolidation data User data.
A customer requires a balance sheet per segment but does not require a balance sheet per profit center. You discuss the features of segments and profit centers with him.
Which features can you highlight? Segments are derived from profit centers in the standard system. You can assign the segment to the material master. You can assign a segment to a cost accounting object such as a cost center or internal order. You can post in FI directly to a segment. You can assign the segment to the asset master record.
Which object can be used to derive the profit center automatically during posting? Cost center Business area Segment Company code.
Which are the correct series of steps in the payment program? Proposal run, Execute a payment run, Printing Payment Media, Maintain parameters CD. Maintain parameters, Proposal run, Execute a payment run, Printing Payment Media. Proposal run, Maintain parameters, Printing Payment Media, Execute a payment run CD. Maintain parameters, Printing Payment Media, Proposal run, Execute a payment run CD. CD Maintain parameters, Proposal run, Printing Payment Media, Execute a payment run CD.
You want to capitalize an Asset under Construction (AuC) using the line item settlement process. However, the settlement does not work. What could be the reason? The settlement profile does not allow assets as valid receivers. The Depreciation Engine is not active. The status of the AuC is set to Summary Management. The AuC has not been released. There is no settlement profile assigned to the company code.
What do you use the Closing Cockpit for? To perform periodically recurring activities To run reconciliation between CO and FI To perform day-to-day activities To create mass change of offsetting days for existing activities.
Which of the following tax types does the SAP System support for calculating, posting, and correcting tax, as well as for tax reporting? Top-Up Tax Additional Taxes Tax on sales & purchases Withholding Tax.
How can you post accruals? Use the recurring entry program Post manually at the end of the period, quarter or year Regroup the receivables and payables Use the document split functionality.
Which account assignment objects can be maintained directly in the asset master data in SAP ERP 6.0 EhP5 (Enhancement Package 5) with new G/L activated? Asset network Profit center Depreciation center Segment.
Consider the following sentences about the chart of accounts segment, which of these combinations are false?
1) It contains the Company Code, Account number and the field status group.
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 account segment.
3) Texts can be displayed using the program "Account assignment manual"(RFSKTHOO).
4) Keywords facilitate the search for account numbers. 4 None of them 3 1 2.
For the creation of drill down reports, what objects do you need to define? ABAP code Key figures Characteristics Validations Forms.
How can you avoid the creation of duplication vendor master data? Execute the master data comparison reports RFKKAG00 and RFDKAG00 Use match codes and activate the automatic duplication check Mark the VAT Registration Number in the field status group as required Mark the VAT Registration Number as a sensitive field.
Identify the features of the service desk? Customer solution database Solution Manager diagnostics SAP Help Error handling Managing SAP Notes Message handling process.
In the New General Ledger Accounting, how would you incorporate companies with different fiscal years if you wanted to assign them to the same controlling area? Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant. Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years. Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years. Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes.
What controls the posting key? Number range Debit/credit indicator Document type Account type Field status.
When parking a document, which of the following occurs in the system? The document number is not assigned but transaction figures are updated. The document number is assigned and transaction figures are updated. The document number is not assigned and transaction figures are not updated. The document number is assigned but transaction figures are not updated.
How does the SAP ERP ECC 6.0 with new G/L accounting support real-time CO-FI integration? The controlling area can be configured wth one to one assignment to a company code Batch reconciliation postings are generated from the reconciliation ledger A separate posting period interval specifically for the CO-FI postings is provied The universal journal provides a common database table for both CO and FI postings.
Consider the following sentences, Which of these combination is true?
1) A base currency can be assigned to an exchange rate type.
2) To deal with exchange rate spreads, two very efficient combinations of the exchange rate tools are using a base currency for the average rate (M) and using the exchange rate spreads to calculate the buying and selling rates (B and G).
3) A base currency can be used for an average, a buying or a selling rate.
4) The relations between currencies have to be maintained per exchange rate type and currency pair in the translation factors. 2, 3 and 4 1, 2, 3 and 4 1, 2 and 3 1, 2 and 4 1, 3 and 4.
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead, which objects would be different? Depreciation Areas Leading Ledger Asset Classes Financial Statement Version Chart of Accounts.
Down payments can be posted using a special G/L transcation. What is the main benefit of this functionality? It shows data in the appendix of the balance sheet. It automatically creates the final invoice and clears down-payments against it. It posts down-payments to a reconciliation account that is different from that of ordinary payables and receivables. It automatically clears down-payment requests.
Identify the main areas of the Implementation Roadmap from the items listed below? Roadmap structure Attachments area Viewing / Text area IMG area Accelerator area.
Which depreciation type allows fluctuations in activity to be considered when calculating depreciation? Unit of production depreciation Unplanned depreciation Special depreciation Ordinary depreciation.
The controlling department wants to see depreciation amounts on internal orders. Which customizing settings do you need to make in Asset Accounting? Assign the field internal order to account determination Make the internal order an active assignment object Set the field internal order to required or optional in the screen layout Enhance relevant transfer variants by adding the field internal order Make the internal order an account assignment object for the depreciation run.
You have two house banks. Each house bank has three bank accounts. How may separate G/L accounts do you recommend the customer creates in the chart of accounts? Six - one for each combination of house bank and bank account Two – one for each house bank One for all postings Three – one for each bank account.
Consider the following sentences about the indirect quotation, what is the correct option?
1) It is also known as volume notation.
2) The currency value is expressed in the local currency per unit of foreign currency.
3) For indirect quotation, there is no prefix to difference between direct quotation. All of them 1 None of them 2 3.
Which activities must be performed to create new validations and substitutions? Select the current call-up point Choose the chart of accounts Define the area of application Deactivate all former validations and substitutions.
On which level are asset classes created? Clinet Ledger Company code Chart of depreciation.
What is the maximum number of line items of an FI document? 999 9999 99 Unlimited.
Consider the following sentences about field status:
1) Fields which are _________ can be ________.
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? 1) not used/suppressed, 2) must be changed/display 1) not used/suppressed, 2) should not be changed/display 1) not used/optional, 2) should not be changed/suppressed 1) used/suppressed, 2) must be changed/display 1) used/optional, 2) must be changed/display.
The field status definitions 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? Required Entry, Optional Entry, Hide, Display Display, Required Entry, Optional Entry, Hide Optional Entry, Hide, Display, Required Entry Hide, Display, Required Entry, Optional Entry.
What is the disadvantage of using the group chart of accounts? 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 the company codes use different operational chart of accounts, you cannot carry out cross-company code controlling. Because accounts with the account currency as local currency can only be posted to this local currency. Because the group chart of accounts must be assigned to each operational chart of accounts.
Which information do you maintain for house banks? Bank accounts for each house bank General ledger accounts Information for electronic payments transactions Information for electronic bank statements Customer and vendor accounts.
Your customer runs an SAP ERP system with New General Ledger Accounting activated. What do you need to do for Profit Center updates to be part of the general ledger? Set up the same group currency for all company codes and profit centers. Deactivate document splitting for profit centers. Activate transfer prices in Profit Center Accounting. Assign the Profit Center Update scenario to the ledger.
Which are necessary steps to create a validation? Check, control, message Prerequisite, check, message Prerequisite, check, update, control Check, update, message.
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? Field status variant Document type Posting key Currency key.
Which factors determine the fiscal year variant you would assign to a company code? The existence of a shortened fiscal year The need to control which periods are open for posting for specific user groups 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 The fiscal year start and end period of the company.
Your client would like to show information about customers during reporting without updating the general ledger. Which special G/L type do you recommend? Automatic offsetting entry Bill of exchange Down payment Noted items.
During reorganization, two cost centers are merged, and all future postings should go to only one of them.
If postings are made to the wrong cost center in future FI-postings, your customer wants to ensure that the wrong cost center is automatically replaced by the correct one. Define a substitution in FI with the wrong cost center as a prerequisite and the correct one as the substituted value. Create a user-specific program to substitute the wrong cost centers automatically overnight. Define two substitutions for the Line Item call-up point. Define a validation in CO to ensure that the functional area is filled in the cost center master.
Your company code is set up to post three ledgers representing separate accounting principles. Each ledger is assigned to the local currency and the group currency and the group currency. You want to configure new Asset Accounting.
What is the minimum number of depreciation areas required? 6 1 9 3.
Which SAP NetWeaver component realizes cross-system application processes? SAP Master Data Management (SAP MDM) SAP Enterprise Portal (SAP EP) SAP Exchange Infrastructure (SAP XI) SAP Business Warehouse (SAP BW).
How can the short text field of a G/L account be changed? Individually, in the company code segment Centrally, in the chart of accounts segment By making sure that the field status of the chart of accounts segment allows it By making the change at the start of a new fiscal year.
What do you need to maintain in the financial statement versions in order to generate a financial statement? The assignment of the individual accounts The profit centers relevant to the report The assignment to company codes The text describing the items.
On which level do you define depreciation keys? Asset class Chart of depreciation Company code Chart of accounts.
What happens when you post an outgoing partial payment? A payment block is set on the invoice The invoice is cleared The invoice remains open A new open item is created with reference to the invoice.
Which objects can be assigned to an asset master record? WBS element Profitability segment Profit center Cost center Internal order.
|
