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ERASED TEST, YOU MAY BE INTERESTED ONSAP FI Basis Settings

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Title of test:
SAP FI Basis Settings

Description:
SAP FI Basis Settings Q&A

Author:
Eng. Baker Abdallah
(Other tests from this author)

Creation Date:
05/10/2010

Category:
Computers

Number of questions: 23
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Content:
1. You can assign a business area to a company code directly. True False.
Fiscal year can be Year dependent Year independent Year dependent and year independent.
Fiscal year which is a calendar year can have 12 normal periods Less than 12 normal periods More than 12 normal periods.
Shortened fiscal year can have 12 periods More than 12 periods Less than 12 periods Should have less than 12 periods.
Company code can have One local currency only Two local currencies Any no. of local currencies None of the above.
Business area once defined is available for use to All company codes in the client All company codes in all clients Only to the company codes to which the business area is assigned to All company codes assigned to the company to which the business area is assigned.
Which of the following statements are correct with respect to business area One business area can be used for many company codes Business areas must be assigned to company code in the IMG They are used for internal P&L and balance sheets A company code can have many business areas.
What are true with respect to business area A company code can have many business areas A business area can be across company codes Use of business area is not optional in R/3 system Balance sheet and profit and loss statements can be drawn up for business areas.
Which of the following statements may be false with respect to a business area The use of business area is optional A company code can have many business areas Business area balance sheet will always balance none of the above.
Which of the following statements is always false with respect to a company code A company code can have many plants A company code can have many companies A company code can be linked to only one controlling area A company code need not be linked to an operating concern A company code can have many sales organizations.
Which of the following statements are always true A sales organization can be assigned to only one company code A company can have many company codes A company must be linked to a controlling area A company code must always be assigned to a company An operating concern can indirectly contain only one company code.
Which of the following entities are optional to implement the core financial module of R/3 Operating concern Controlling area Business area Plant Company code.
Which of the following entities cannot be directly assigned to a company code Company Business area Controlling area Functional area Financial management area.
Various company codes access a controlling area should have Same currency Same fiscal year variant Same chart of accounts Same controlling organization structure.
Highest level element of all organization units is the .
Business areas are company code dependent True False.
_________ area is business unit where cost accounting is carried out in SAP.
Company code is _________ character.
Fiscal year variant can be of two types. Name them.
In case of non-calendar fiscal year, annual displacement indicator is used True False.
More than one plant can be attached to a single company code True False.
One company code may contain several sales organizations True False.
Business area is a legal entity for which you need a balance sheet Completely true Partially true Completely false Partially false.
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