SAP FI CERTIFICATION MODEL TEST -1

The client is the highest level in the mySAP ERP system hierarchy. True. False.

Specifications or data that is valid for all organizational units in mySAP ERP applications (such as exchange rates, for example) are entered at the company code level. true. false.

Each client is a dependent unit with separate master records and a complete set of tables and data. Users must enter a client key and have a user master record in the client in order to log on to the system. True. False.

Company Code (for external purposes) A company code represents an independent balancing/legal accounting entity. True. False.

a company the minimum structure necessary in mySAP ERP Financials. True. False.

Business Area (for external) Business areas represent separate areas of operation within an organization and can be used across company codes. True. False.

The copy function of a company code copies the following data. Definition. Global Parameters. customizing tables. G/L accounts (if desires). Account determinations. Basiness area. Transaction codes.

You have to select a five digit alphanumeric key as the company code key. True. False.

Defining a company code. 4 characters alphanumeric key. Company name. city country. currency. Language. address. Chart of accounts.

Global parameters of a company code. Chart of accounts. Fiscal years. Company code defaults. Document types.

The objects in the activity Edit Company Code Data include the following: You must define a currency for each company code. Accounts are managed in the company code currency. You must enter a language key so that the system can create texts automatically in the correct language. Thecountry key specifies which country is to be regarded as the home country. you define a business area.

When you define a business area, you only have to enter a five digit alphanumeric key and a short description. True. False.

You can assign a business area to a company code directly. True. False.

IMG Menu Path: Tools ? Customizing ? IMG ? Execute Project. Choose the "SAP Reference IMG" pushbutton. Enterprise Structure ? Definition ? Financial Accounting ?Customizing ? IMG ? Execute Project. Choose the "SAP Reference IMG" pushbutton.

Match. Business area. Profit center. segment.