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1.-Your customer wants to clear minor payment differences for incoming payments automatically.Which objects do you have to use to fulfill this requirement?. Tolerance groups for G/L account and tolerance group for employee. Tolerance groups for employees and tolerance groups for documents types. Tolerance groups for employees and tolerance groups for customers/ vendors. Tolerance groups for G/L and tolerance groups for customers/ vendors.

2.-Your customer runs an SAP system with General Ledger accounting activated. They want to run a valuation of accounts receivable that are posted foreign currencyWhat do you have to do?. Set up a valuation method and assign it to a valuation area. Set up a new exchange rate type. Set up the valuation Cockpit to perform this task. Post the valuation differences manually at the period end.

3.-Into which types can Special G/L transactions be divided?. Interest. Free offsetting entry. Value adjustment. Noted item. Automatic offsetting entry.

4. - Which postings are created by depreciation posting run?. Postings to the depreciation account in the General Ledger. Year to date depreciation on currency assets. Book and cost accounting depreciation to assets. Transfer of depreciations to cost center planning.

5. - Your customer is running an SAP ERP system with New General Ledger activated. All scenarios, but no customer fields, are assigned to the leading ledger.Which objects in the totals table (FAGLFLEXT), can be evaluated with drill-down reports?. Profit centers, cost centers, business areas, Functional areas, divisions. Business areas, functional areas, segments, profit centers, user IDs. Segments, profit centers, cost centers, business areas, functional areas. Cost centers, business areas, functional areas, segments, tax codes.

6. - Dunning reorganization, two cost centers are merged, and all future posting should go to only one of them. If postings are made to the wrong cost center in the future FI- postings, your customer wants to ensure that the wrong cost center is automatically replaced by the correct one.What will you recommend?. Define a validation in CO to ensure that the functional area is filled in the cost center master. 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 substitution in FI with the wrong cost center as a prerequisite and the correct one as the substituted value.

7. - your customer wants all items that are posted to their customer account to be transferred to their headquarters automatically. Which function do you have to use to fulfill this requirement?. Head office and branch account. One- time account. Receivables reclassification. Alternative payer/ payee.

8. - Which of the following statements are correct?. More than one chart of accounts can be created for each client. The chart of accounts contains all the G/L accounts, vendor accounts and customer accounts. More than one company code can be allocated to the same char of accounts. The chart of accounts controls all the customizing settings in the R/3 system. All accounts within a chart of accounts must have the same tax code.

9. - What is mandatory in order to make G/L accounts ready for postings?. A chart of account segment and at least one cost element. A chart of account segment and at least one company code segment. A company code segment and at least one cost element. A chart of account segment and at least one functional area.

10. - Your 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?. Posting Key. Currency Key. Document type. Field status variant.

11. - Which of the following is a prerequisite for using the segment field as a standard account assignment abject?. The SAP system must have release level SAP ERP 2004 or higher. Enhancement Package 3 must be activated. New segment accounting must be activated in the SAP system. Classic General Ledger Accounting must be deactivated.

12. - Which functions can be used to generated inter-company postings documents?. Central currency valuation. Central procurement. Central payment. Central cash journal.

13. - 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. Profit accounts. Balance sheet and profit accounts. Balance sheet accounts. Accounts only managed on the basis of open items.

14. - A vendor sends an invoice to a company which contains expenses for two company codes. Your post the vendor item to the receiving company code, then the expense, and finally a cross change to the other company code. How are the taxes posted?. Taxes are posted to both company codes in proportion to the expenses. Taxes are not posted automatically, and with therefore have to be posted manually. Taxes are posted to the company code where the larger part of the expense is posted. Taxes are posted to the company code where the vendor item is posted.

15. - To which of the following does an asset class apply?. All company codes in an instance (client- independent). All company codes within a client that share the same chart of accounts. All company codes in a controlling area. All company codes in a client.

16. - A customer wants to implement parallel accounting in asset accounting.How do you implement this?. By using two asset classes. By using two different charts of depreciation. By using an extra chart of accounts. By using two depreciation areas.

17. – Which of the following are clearing procedures in Accounts receivable?. Incoming payment. Down payment request. Credit memo. Transfer posting.

18. - What options do you have for booking an asset acquisition?. Asset acquisition using a clearing account. Asset acquisition posted via the accrual engine. Asset acquisition posted via cash journal. Asset acquisition posted from Materials Management. Asset acquisition integrated with account payable.

19. – You have posted an incorrect amount in Financial AccountingHow can you correct this?. Reverse the document by normal reversal posting. Change the amount in the posted document. Reverse the document by negative posting. Use a substitution to change the incorrect amount. Deleted the document.

20. – Your customers do not pay open invoices. How can you accomplish an automatic flat-rate individual value adjustment?. Enter a value adjustment key in the customer master. Create and dispatch a valuation run for each period. Make an individual value adjustment based on special G/L transaction E. Make a statistical flat-rate value adjustment posting for each period manually.

21. – You want to capitalize an assent under construction (AUC) using the line item settlement process. However, the settlement does not work.What could be the reason?. There is no settlement profile assigned to the company code. The AuC has not been released. The Depreciation Engine is not active. The settlement profile does not allow assets as valid receivers. The status of the AuC is set to Summary Management.

22. – A company code is?. An independent accounting entity (the smallest organization element for which a complete self-contained set of accounts can be drawn up). An organizational unit in an enterprise that represents a closed system used for cost accounting purposes. An organizational unit that provides an additional evaluation level for the purpose of segment reporting. A dependent accounting entity, according to fiscal year. The highest level in the R/3 system hierarchy.

23. – Your customer wants to run the fiscal year change What are the prerequisites for this?. Depreciation and assets balances have to be fully posted. The previous year has to be closed in Financial Accounting. The previous year has been closed for asset accounting. The fiscal year change program cannot be started before the last posting period of the current year.

24. – Which of the following activities will generate an FI document if real-time integration between CO and FI has be set up?. An assessment between cost centers in one company code with different functional areas. An assessment between cost centers that belong to two different company codes. A subsequent change of the segment in a CO document. A test run of the settlement run of an asset under construction to a G/L account. A distribution between cost centers that reside in two different controlling areas.

25. – Which SAP NetWeaver component realizes cross-system application processes?. SAP Enterprise Portal (SAP EP). SAP Master Data Management (SAP MDM). SAP Exchange Infrastructure (SAP XI). SAP Business Warehouse (SAP BW).

26. – which transactions in the procurement process with valuated good receipt create documents in FI?. Enter invoice receipt. Create purchase order. Post valuated goods receipt. Create purchase requisition.

27. – which is the sequence of the steps in a purchase to pay process?. Purchase requisition -> Purchase order -> Goods receipt -> invoice verification -> Payment. Purchase requisition-> Goods Issue -> Purchase Verification -> invoice receipts -> Payment. Purchase requisition-> Goods verification-> Purchase receipts->invoice receipt -> Payment. Purchase order-> purchase requisition-> Goods receipt-> Invoice verification-> Payment.

28. – A multinational concern acquired a company in other country which has local reporting requirements. They are using one operational chart of account for all companies.How can you fulfill this country-specific requirement?. Create a country-specific char of accounts and assign it to the company code. Create a country-specific char of accounts and assign it to the group chart of accounts. Create a group chart of accounts and assign it to the company code. Create a country-specific chart of accounts and assign it the regular char of accounts.

29. – A customer is running SAP ERP 6.0 with New General Ledger Accounting.For which purpose can they use the Closing Cockpit?. To perform day-to-day activities. To run reconciliation between CO and FI. To create mass change of offsetting days for existing activities. To perform periodically recurring activities.

30. – In which scenarios is the Solution Manager used?. Scoping. Operations. Retirement. Optimization. Implementation.

31. – What additional options does parking documents offer compared to holding documents?. A parked document can be posted using a workflow. A parked document is stored under a user-specific document number. A parked document can be changed and posted by a different user, thereby supporting the principle of dual control. A parked document must be posted with the same transaction that is used to park the document.

32. – Your customer runs an SAP ERP system with New General Ledger Accounting activated.What do you need to do have Profit Center updates be part of the general ledger?. Activate transfer prices in Profit Center Accounting. Deactivate document splitting for profit centers. Set up the same group currency for all company codes and profit centers. Assign the profit center Update scenario to the ledger.

33. – Which is the process sequence in product sale from Stock?. Incoming order-> Transport/ Delivery -> Billing-> Dunning and payment. Purchase requisition ->Billing-> Transport/ Goods receipts -> Dunning and payment. Purchase requisition-> Delivery/ Transport -> Dunning and payment -> Billing. Incoming order -> Goods receipt/ Transport -> Dunning and payment -> Billing.

34. – At which level is the vendor account number assigned?. At the company code segment level. At a combination of client and company code segment level. At a combination of client and purchasing organization segment level. At the client level.

35. – A customer wants to use segment reporting on balance sheet and P&L accountsWhich functionality do you recommended?. Profit center Accounting. Special Purpose Level. Probability Analysis. New General Ledger Accounting.

36. – What does the SAP Web AS provide?. Master data harmonization across SAP NetWeaver. Storage of all transactional documents in one single database. Real-time data exchange with all SAP systems. J2EE (java Platform Enterprise Edition) and ABAP in a single environment.

37. – Which of the following properties can you assign to a field when crating a variant?. Highlight a field. Make a field mandatory. Hide a field. Delete a field. Protect a field.

38. – What controls the posting key?. Debit/ Credit indicator. Document type. Field status. Account type. Number range.

39. – Which characteristics of account determination can be used to assign revaluation adjustments to different G/L accounts?. Reconciliation account. Valuation Method. Chart of accounts. Valuation area. Currency.

40. - What do you define when you set up a depreciation area?. The posting to General Ledger. The asset number ranges. The company code. The account determination.

41. – A customer wants to define a chart of depreciation.How do you recommend setting up the depreciation area?. Based on the relevant chart of accounts. Based on company codes. Based on relevant currencies. Based on the aims of internal or external report.

42. - Which infrastructure supports core business solutions in four subcomponents including people integration, information integration, process integration, and application platform?. SAP NetWeaver. SAP Exchange infrastructure. SAP Web As. SAP Business Process Management.

43. – You receive a payment where the difference from the posted invoice is larger than the started tolerance limit.How can you deal whit this?. Post the difference as a residual item. Park the document and assign it to a person with a higher tolerance limit. Post the difference to an account assigned to a reason code. Increase the tolerance limit manually while posting the document.

44. – What controls the fiscal year variant?. The open periods ( a period interval for closing and another one for day-to-day business). The number of periods (up to 16 postings periods and special periods). The number of periods (up to 52 posting periods and special periods). The number of special periods available in addition to the normal periods.

45. – What are the prerequisites for posting a vendor invoice in FI?. Activate and configure the document splitting function. Create a purchasing organization segment in the vendor master. Set up a number range for vendor invoices. Create a company code segment in the vendor master.

46. – Which of the following list can be printed to help you edit a dunning proposal?. Blocked accounts. Sales statistics. Condensed master data. Blocked line items.

47. – What is the sequence of steps in an ASAP roadmap?. Project preparation -> Business Blueprint -> Realization -> Final Preparation -> Go live and Support. Project preparation -> Realization -> Business Blueprint -> Final Preparation -> Go live and Support. Project preparation -> Final Preparation -> Business Blueprint -> Realization -> Go live and Support. Business Blueprint -> Project Preparation -> Final Preparation -> Realization -> Go live and Support.

48. – What are the advantages of the Payment Medium Workbench (PMW)?. It can be used to created new payment formats. It activates the automatic import of settings related to changes in payment transaction laws. It can be used to change payment formats without modifying the programs. It automatically creates direct debits. It provides a uniform set of functions for all kinds of payment methods.

49. – What is the maximum number of line items of an FI document?. 999. 99. Unlimited. 9999.

50. – Which SAP NetWeaver component ensures company-wide unification in heterogeneous IT environment?. Enterprise Portal. Knowledge Management. Master Data Management. Business Warehouse.

51. – A Customer wants to use document splitting to enable balance sheet by segments. How do you set up the document split?. Define splitting rules. Define a non-leading ledger for the split documents. Assign all G/L accounts to item categories. Assign the splitting method to the transaction variant.

52. – What are the benefits of using the accrual engine?. The accrual engine can correct accruals in the previous month ever if that period is closet. The accrual engine calculated the accrual amounts automatically. The accrual engine is client independent. The accrual engine can simulate planned future accruals. The accrual engine supports parallel accounting.

53. – Which of the following task types are supported by the Closing Cockpit or Schedule Manager?. Programs with or without variant. Notes (as a reminder or milestone). Reconciliation keys. Spreadsheets. transactions.

54. – A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memoWhich accounts will be used to issue credit memos?. Receivables and expense account. Receivables and revenue account. Payables and expense account. Payables and revenue account.

55. - What do you define when you configure a dunning procedure?. Dunning levels and the language of the dunning note. Dunning charges for each dunning level and customers to be dunned. Dunning levels and maximum number of days in arrears. Dunning levels and dunning charges for each dunning level.

56. – Which activity will have an impact on the net book value of an asset?. Changing the assigned cost center. Changing the assigned WBS element. Changing the account determination. Changing the useful life of the asset.

57. – How can the start text field of a G/L account be changed. By making the change at the start of a new fiscal year. By making sure that the field status of the char of accounts segments allow it. Individually in the company code segment. Centrally in the chart of account segment.

58. – When dealing with Financial Statement Versions (FSVs), how do you ensure that the requirements of the various target groups (for example auditors, tax authorities, and banks)are satisfied?. Create one FSV and enhance it with different sets of notes. Create different FSVs base on the needs of the target group. Create different versions of the same FSV. Create one FSV, then save different variants based on the needs of the various groups.

59. – Which priority sequence correct, going from the highest to the lowest?. Hide, Display, Required Entry, Optional Entry. Optional entry, Hide, Display, Required Entry. Display, Required Entry, Optional Entry, Hide. Required entry, Optional Entry, Hide, Display.

60. – 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?. The payment run temporally stops, and the system prompts you to correct the data. After you have corrected the data, the payment run continues. The payment run stops and the system issues an error message. Document data overrides master data. Master data overrides document data.

61. – How do you prevent duplicate vendors from being created?. Use matchcode to check whether the vendor already exist. Activate master data comparison for the vendor. Activate message control for the duplicate vendor check. Run the vendor De-Duplication report.

62. – What are the call-up points for validations in FI?. Basic data section, line item, and complete document. Basic data section, detailed data section, and line item. Document header, line item, and complete document. Document header, document type, and complete document.

63. – Down payments can be posted using a special G/L transaction. What is the main benefit of this functionality?. It automatically clears down payment requests. It post down payments to a reconciliation account that is different from that ordinary payables and receivables. It shows data in the appendix of the balance sheet. It automatically clears down payments against the final invoice.

64. – Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the Closing cockpit do you highlight?. It optimizes legacy data transfer. It provides a complete documentation of the activities performed at period end closing. It enables the use of task list covering all closing activities. It closes the posting period automatically at the last day of the period.

65. – Which of the following objects must your enter when posting an asset acquisition against a vendor?. Special G/L transaction. Fixed asset balance sheet account. Transaction type. Asset master record. Document type.

66. – If a vendor is also a customer, it is a possible to clear both roles against each other. Which settings are necessary to implement this?. The vendor number must be entered in the customer account and the customer number must be entered in the vendor account. The “Clearing with Vendor” field must be selected in the customer account, and the corresponding field must be selected in the vendor account. The payment program must be set up to allow debit checks for vendors and credit checks for customers. The vendor and the customer must be assigned to the same group account.

67. - Which parameters do you have to specify if you want to execute a payment run?. Bank account. Company code. Currency. Payment method.

68. – To which primary Cost Accounting objects can a depreciation de posted?. Profit center. Cost center. Network. Internal order.

69. – What are prerequisites for setting up cross-company cost accounting?. The same variant for open periods is used for all company codes. The same chart of accounts is used for all company codes. The same currency is used for all company codes. The same fiscal year is used for all company codes.

70. – Which interactive function is provided by the SAP list Viewer?. Mass reversal. Creation of worklists. Creation of subtotals for specific values. Use of the report-report interface.

71. – Which of the following are the main components of a drilldown report?. Characteristics and key figures. Variables and general selection criteria. Variables and key figures. Characteristics and variables.

72. – You want to use external number assignment for specific document typesWhat is the special feature of external number assignment?. They system issues the numbers automatically. The number ranges can be used across all company codes. The number ranges can overlap. The numbers can be alphanumeric.

73. – Which of the following describe characteristics of master data?. It cannot be changed after creation. It is typically assigned to organizational levels. It must be assigned on client level. It is used on a long-term basis for multiple business processes. It is a template for transactional data.

74. – Which functions are provided by the closing activity Reclassify Payables/ Receivables?. Open item analysis for liquidity forecast. Adjustment posting for changed reconciliation accounts. Automatic correction of bad debits or credits. Regrouping and sorting of payables and receivables. Credit check and rating of open items.

75. – What is one of the benefits of document parking?. It enables technically incomplete documents to be posted. It provides a user friendly way of changing posted documents. It enables the use of the dual control principle. It enables individual document numbers to be assigned.

76. – Your customer wants to perform their year-end closing activitiesWhich of the following activities are mandatory to close the books?. Run fiscal year change in asset accounting. Run balance sheet open item analysis. Run planning and budgeting. Run the carry forward.

77. – While posting a G/L document, two different field statuses (for the posting key and the G/L account) have an impact on the postingWhat happens if one field status is set to Required Entry and the other one to Hidden Entry?. An error message will occur. The field will be available for entry. The document can be posted anyway. The field will be hidden.

78. – What elements of customer account creation need to be completed to post entries to the account?. General data, company code data, and dunning area. General data and sales area data. General data and company code data. General data, company code data, and sales area data.

79. – Which of the following factors determines field status for vendors?. Account group, transaction, and chart of account. Account group, chart of accounts, and company code. Account group, transaction, and company code. Transaction, chart of accounts, and company code.

80. - Which of the following objects can you post to via cash journal?. Material master. Accrual engine. Asset master. One-time customer. customer.

81. – What is an dependent fiscal year variant?. It is a variant which the postings periods are only equal to the months of the year. 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 posting periods always start at the same day of the year. It is a variant which allows the use of different number of posting periods. It is a variant not normally used because of this particularity.

82. – Maximum number of sessions a user can open when he logs on to SAP. One. Three. Five. Six.

83. – Company code can have. One local currency only. Two local currencies. Any no. local currencies. None of the above.

84. – Postings in company code are done in G/L account of. Consolidation chart of accounts. Operative chart of accounts. Country chart of accounts. All of the above.

85. – Account groups are used to control the following properties. Field status of transaction fields. Field status of master fields. Field status of master fields and number range. Field status of master fields, number range and whether accounts are P&L or B/S.

86. – Foreign Currency valuations on G/L accounts are performed on the following accounts. All accounts. All accounts managed on open item basis. All accounts managed on open item basis and all accounts with account currency different from local currency. Accounts managed on open item basis having foreign currency transactions and all accounts whit account currency different from local currency.

87. – Financial statements can be generated in. Local currency. Document currency. Controlling area currency. Any currency for which customization is maintained.

88. – The view maintained for vendor master data are. General data, Company code Data. General data, Company code Data, Purchasing Data. General data, Company Code Data, Business Area Data. General Data, Company Code Data, Business Area, Plant Data.

89. – If you do not want to enter a document with provision for updating the ledger on approval from authorized officials, you use the following functionality. Parked document. Sample document. Account assignment model. Recurring document.

90. – what fields of a FI document header section can be changed after a document has already been posted?. Fiscal Year. Reference Number. Text fields. Header text. Posting date.

91. – What prerequisites to enable negative postings?. You can define reversal reasons for negative reversal. You have to ensure company code permits negative postings. You have to define the document type that explicitly allows negative postings. You have to use cleared items. You have to reset cleared items.

92. - what is the purpose of the terms of payment?. Calculate a cash discount and invoice due date. Calculate the tax amounts. Enable the cross-company the transactions. Define the baseline date. Calculate only the required conditions for SD invoices.

93. – Which of the following are advantages of document splitting?. Accelerate closing. Increased data quality. Extensibility and flexibility. Real- time integration.

94. – You can assign an asset of the following controlling objects. Cost center. Internal order. Activity type. Maintenance order. All of the above.

95. – Which of the following is not a function of SAP list Viewer?. Select list. Select detail. Summation. Select columns. Select report.

96. - Cross company code transactions are carried out between company codes 0001 and 0002 in the year 1999. The accounting document created for 0001 is 9800005210 and that for 0002 is 9800004236. This is created from company code 0001. The cross company code number generated is. 000198000052100001.  980000423600020001.  9800005210000199.  9800004236000299.

97. - When you reverse a posted document, the document number must be. internal. external. internal or external. manually assigned.