Which of the following original Management Accounting objects can you assign in the asset master record?
There are 3 correct answers to this question. Activity type Cost element Cost center Order.
What is the maximum dunning level that can be assigned to a dunning procedure?
Choose the correct answer. 7 11 9 1.
In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?
There are 2 correct answers to this question. Asset class Capitalization date Net book value Deprecation start date.
What checks does the year-end closing program (RAJABSOO) perform?
There are 2 correct answers to this question. Last fiscal year has been updated. Depreciation lists and the asset history sheet have been checked. Assets are complete and error-free. Depreciation and asset balances are posted in full.
Which of the following procedures are available to check the balance of receivables and payables in balance confirmations?
There are 3 correct answers to this question. Balance notification Balance request Balance confirmation Balance adjustment.
Which of the following options can you use to change the G/L account master data using collective processing?
There are 3 correct answers to this question. Change client level data Change chart of accounts data Change company code data Change account descriptions.
The SAP Business Workflow________process dimensions.
Please choose the correct answer. Two Three Five Four.
Which of the following functions include the important functions of the SAP List Viewer tool?
There are 3 correct answers to this question. Calculating totals and subtotals Defining print parameters Deleting and inserting columns Setting filters.
True or False: In an environment of systems using SAP HANA, you can perform both OLAP and OLTP processing without duplication of the data
for the SAP BW and SAP ERP systems. True False.
Within the line items of Fl documents, what does the posting key control?
Note: There are 3 correct answers to this question. Whether the item is posted as a debit or credit The field status of additional details The account type to which the line item can be posted The account group to which the line item can be posted Whether the item is posted with reference to primary or secondary cost
element.
What data do you maintain in the chart of accounts sections of a General Ledger account? Reconciliation data User data Authorization data Consolidation data.
What is the maximum number of steps possible in validation?
Please choose the correct answer. 999 566 199 99.
Which field status has the lowest priority (G/L accounts)?
Please choose the correct answer. Required entry Hide Optional entry Display.
What kind of customization can users do on their launchpad?
There are 2 correct answers to this question. Change the name of tile groups Change the icons on tiles. Change the names of tiles. Create their own tile groups.
Which General Ledger account type do you select to perform activity cost allocations? Secondary costs Non-operating expense or income Balance sheet Primary costs or revenue.
In which object do you define which SAP Fiori apps a user can use? Fiori app library Fiori tile catalog Fiori tile group Fiori default values.
For which type of account is the line item display generally active?
Please choose the correct answer. Reconciliation account Customer account Special general ledger account Vendor account.
Which program is used to enter accruals and deferrals regularly?
Please choose the correct answer. Compact document journal Ledger grouping Recurring entry program Devising program.
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA? SAP S/4HANA with Central Finance SAP S/4HANA Cloud SAP S/4HANA on-premise SAP S/4HANA Finance.
What must you do when you set up depreciation areas? Assign leading depreciation area 01 to leading ledger OL. Define the valid depreciation keys for each depredation area. Define the relevant asset classes for each depreciation area Assign an accounting principle for each depreciation area.
Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data?
There are 3 correct answers to this question. For a very large quantity of legacy data, use the direct input procedure (program RAALTD11) For a small quantity of legacy data, use AS100. For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT For a large quantity of legacy data, use batch input procedure (program
RAALTD01).
What sort of special general ledger types exist?
There are 3 correct answers to this question. Automatic offsetting entries (statistical) Other types Final payments Free offsetting entries Noted items.
Which of the following options are included in the Asset Explorer?
There are 3 correct answers to this question. Drill down to Financial Accounting (FI) document. Drill down to reports. Post documents. Display depreciation calculation.
What do you define in Customizing for the payment program?
Note: There are 3 correct answers to this question. Forms for the payment media Exchange rate type Payment run ID Allowed currencies Bank determination.
Your customer wants the values for a special group of assets to be shown separately in the general ledger. Which objects do you create in Customizing for Asset Accounting?
Note: There are 2 correct answers to this question. Financial statement version Depreciation area Account determination key Asset class.
In which of the following segments of a customer or vendor master record
can you enter the terms of payment?
There are 3 correct answers to this question. Company code segment Client level segment Sales area segment Purchasing organization segment.
Which fields can you edit before posting a parked document?
Note: There are 3 correct answers to this question. Document type Amount Currency Account Posting date.
Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this? Create two external number ranges with the same range and assign one to each of the relevant document types. Create two internal number ranges with the same range and assign one each to the relevant document types. Enter the same document number range in the customizing definition of both document types. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
Which of the following product lines does the SAP S/4HANA system rely on for most human resource management functions? Concur SAP Hybris SAP Ariba SAP SuccessFactors.
During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question. Park Simulate Hold Post.
Which of the following parameters can you define within a dunning
procedure?
Note : There are 2 correct answers to this question. Line item total period Line item grace period Company code Number of dunning levels.
Which of the following can you use for multiple programs with variants that are to be processed automatically?
Please choose the correct answer. Flow definition Task list template Online transactions Remote tasks.
Data in the SAP HANA database is stored in which two ways?
There are 2 correct answers to this question. Row Random Vector Column.
Your customer wants to use data aging for the universal journal. Which criteria can you use to decide which data is moved to the historical partition?
Note: There are 2 correct answers to this question. Company code Account type Ledger Document type.
Which information is checked by the system before a general ledger account k archived? The Mark for Deletion indicator is set in master data The Open item Management indicator is set in master data The Blocked for Posting indicator is set in master data. The assigned group account is already archived.
Down payments received reduce the total of which of the following entities?
Please choose the correct answer. Payables Inventory Bank balance Receivables.
Which of the following parameters are controlled by the screen layout?
There are 3 correct answers to this question. Maintenance level Number range Reference Field selection.
Which of the following activities does the system perform during the payment run?
There are 3 correct answers to this question. The system clears open items. The system makes postings to the G/L and AP/AR subledgers. The system supplies the print programs with necessary data. The system exports a list of documents to be paid.
Which stage of the sales process creates documents for both Materials Management and Financial Accounting? Billing Shipping - delivery creation Sales order creation Shipping - goods issue.
Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization?
Please choose the correct answer. Account level Organization level Company code Client level.
A customer payment was received. An open item does NOT exist for the payment. How can you post the payment? Create a residual item Post payment on account Post partial payment Create a down payment.
True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter of required scope.
Please choose the correct answer. True False.
Which of the following objects are relevant to the dunning program configuration?
There are 3 correct answers to this question. Minimum amounts Dunning levels Bank selection Expenses or charges.
Identify some of the checks for archiving G/L accounts (master data).
There are 3 correct answers to this question. Is the fiscal year closed? Has a deletion indicator been set? Are there (still) transaction figures (for example, have they already been archived)? Are there (still) documents?.
When you post a payment for an invoice, how does the system derive the splitting characteristics? Inheritance Default assignment Active document splitting Passive document splitting.
You have a debit amount of 50 and credit amount of 80 as balance on an account. This account is assigned to the assets side in a financial statement version, with the debit indicator and the credit.
How is this shown on the balance sheet? The balance is shown on the assets side. The balance is shown on the liabilities side. 50 is shown on the liabilities side and 80 is shown on the assets side. 0 is shown on the assets side and 30 is shown on the liabilities side.
Which of the following are possible reasons that an invoice would not be paid?
There are 3 correct answers to this question. The discount period has expired. The payment amount is less than the minimum amount specified for a payment. The invoice has a debit balance. An invalid house bank is selected.
Which of the following control data is carried by asset classes?
There are 3 correct answers to this question. Number range interval Insurance type Screen layout Account determination.
Which prerequisite must be met by the technical clearing account for integrated asset acquisition? The account is a profit-and-loss account that must be open item managed. The account is assigned in the asset account determination for each valid depredation area. The account is created for all active company codes of the client. The account is a reconciliation balance sheet account for fixed assets.
What should you check if the balance of the GR/IR account is not zero at the purchase order item level on the balance sheet key date?
There are 2 correct answers to this question. Check to see if the goods were delivered by the key date, but have not yet been invoiced. Check to see if the goods were invoiced by the key date, but have not yet been delivered. Check to see if the goods were ordered by the key date, but have not been received. Check to see if the goods were produced by the key date, but have not been invoiced.
Identify the reasons for archiving data.
There are 3 correct answers to this question. Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups. Using data as a backup. Lowering the effort involved in database administration. Improving response times and ensuring good response times.
How many intervals are defined for the foreign currency valuation run ID per client?
Please choose the correct answer. 3 0 2 1.
Identify some of the fields related to the depreciation area in the asset master record.
There are 3 correct answers to this question. Scrap value Useful life Depreciation start Asset description.
With the automatic clearing program, a user can clear open items for which of the following items?
There are 2 correct answers to this question. Special general ledger indicator Subledger accounts General ledger Currency.
For general ledger account posting, which one of the following standard posting keys is for debit?
Please choose the correct answer. 50 01 40 31.
What do you define when you create a new document type?
Note: There are 2 correct answers to this question. Reasons for reversal Account types allowed for posting Posting keys for the document type Number range for the document type.
Which of the following fields can be changed in the document header?
There are 2 correct answers to this question. Reference number Document header text Currency exchange rate Document date.
What information is provided when you execute the balance audit trail? A list of changes of maintained sensitive fields in general ledger accounts A comparison of general ledger account balances across ledgers The open account balances for customer accounts and supplier accounts The starting balance and the yearly changes to the balance of a general ledger account.
True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser. False True.
In stock valuation, which of the following groups of stocks are valuated?
There are 3 correct answers to this question. Raw materials, supplies, and consumables Finished goods Work in process Goods invoiced.
You need to enter a percentage rate in the terms of payment to calculate_____
Please choose the correct answer. Debit amount Invoice discount Credit amount Cash discount.
A user wants to add an application to his SAP Fiori home page but can’t find it in the App Finder. What does the admin have to do?
Please choose the correct answer. Assign the corresponding SAP Fiori tile group to the user. Add the corresponding tile catalog to the tile group. Assign the corresponding SAP Fiori tile catalog to the user. Add the tile to a tile group already assigned to the user.
True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it. False True.
What is the correct order of steps when you use the SAP I financial Closing Cockpit? 1 Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release task list 1. Create tasks 2. Define dependencies 3. Create template 4. Create task list 5 Release task list 1. Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list 1. Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list.
During the archiving procedure, if the application generates a specific log, it is used; otherwise, you need to manually create a log. Determine
whether this statement is true or false. False True.
You can use Boolean logic to define different types of logical statements.
Determine whether this statement is true or false. True False.
How does the SAP HANA architecture improve SAP S/4HANA system performance?
Please choose the correct answer SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime. SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code. SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications.
Which of the following are SAP Fiori design principles?
There are 2 correct answers to this question. Role-based Responsive Rational Routine.
What happens to the transaction figures when you post a normal reversal posting? They are reset. They are deleted They are increased. They are cleared.
Identify the application areas where validations and substitutions can be used.
There are 3 correct answers to this question. AA – Asset Accounting CO – Cost Accounting FI – Financial Accounting SD – Sales and Distribution.
The managerial closing activities include locking the old accounting period.
Determine whether this statement is true or false. False True.
Which of the following statements is correct for external number assignment (manual posting)?
Please choose the correct answer. The number is automatically assigned. The number is the last document number. The number is entered by the user. The number must be assigned in a sequence.
In addition to the local and global currency in the universal journal, how many freely defined currencies can you assign per company code and ledger. 3 8 10 5.
Which of the following special G/L transactions are noted items?
Note: There are 2 correct answers to this question. Bill of exchange payment request Guarantee of payment Down payment Down payment request.
What are the two phases of AuC that are relevant to Asset Accounting?
There are 2 correct answers to this question. Useful life phase Assets transfer phase Accounting phase Under-construction phase.
Which of the following is the first step in the variant principle?
Please choose the correct answer. Define variant Create multiple variants Determine values for the variant Assign the variant to the objects.
On which level are asset classes created? Company code Depreciation area Client Chart of depreciation.
What is controlled by the terms of payment?
There are 3 correct answers to this question. Default payment method Allowed account type Determination of the baseline date Setting for net procedure Account for cash discount received.
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? 5 4 3 1.
What is the first step in the reconciliation process?
Please choose the correct answer. Collect data from different companies Communicate differences Present reconciled and non-reconciled data.
|
