SAP FI

What is the format of a company code key?. Four-digit alphanumeric. Four-digit numeric. Six-digit alphanumeric. Two-digit alphanumeric.

The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?. 1. 3. 4. 5.

Which of the following is the first step in the variant principle?. Define variant. Assign the variant to the objects. Create multiple variants. Determine values for the variant.

The fiscal year variant contains the number of posting periods and special periods. True. False.

Which of the following information is entered in the chart of accounts segment of a G/L account?. Account number. Consolidation fields. Consolidation fields. Currency fields.

To use an account from the assigned chart of accounts in your company code, you must create a company code segment for the account. True. False.

In a balance sheet account, the balance is carried forward to a retained earnings account and the balance sheet account is set to zero. True. False.

Which field status has the lowest priority (master records: G/L accounts)? Choose the correct answer. Required entry. Suppress/Hide. Optional entry. Display.

The country chart of accounts number (alternative account number) is entered in every chart of accounts segment. True. False.

On which level does the system store the general data of a business partner (customer or vendor) that can be assessed throughout the whole organization?. Organization level. Client level. Company code. Account level.

In Financial Accounting, after the customer or vendor account is created, you can no longer change the account group. True. False.