There are four dunning program steps that can be performed during the automatic dunning procedure
as follows: Arrange these steps into the correct sequence. Schedule the dunning run Maintain the parameters Start the dunning print out Change the dunning proposal.
Which currency valuation program is replaced by FAGL_FCV? Choose the correct answer A. SAPF130K B. FAGL_FC_VALUATION C. SAPF 100 D. FAGL_VALUATION.
Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data? Choose
the correct answers. (3) A. For a large quantity of legacy data, use batch input procedure (program RAALTD01) B. For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface C. For a very large quantity of legacy data, use the direct input procedure (program RAALTD11) D. For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT E. For a small quantity of legacy data, use AS100.
Which of the following components make up an archiving object? Choose the correct answers. (3) A Programas B Customizing settings C Variables D Data declaration part.
What is the maximum dunning level that can be assigned to a dunning procedure? Choose the correct
answer. A 11 B 9 C 7 D 1.
Which of the following objects are relevant to the dunning program configuration? Choose the correct
answers. 3 A Dunning levels B Minimum amounts C Expenses or charges D Bank selection.
Which of the following statements apply to the special general ledger types of noted items? Choose the
correct answers. (3) A. No zero-balance check is made in the system. B. Noted items are posted to an alternative reconciliation account. C. No postings are made on an offsetting account. D. No special general ledger indicators of your own can be created of this type. E. The account for the offsetting entry is selected automatically.
To reduce the load on the system, what should you do with the older documents that exist in the
database? Choose the correct answer. A. Archive and delete B. Backup and delete C. Extract and delete D. Delete.
Which of the following statements are correct? Choose the correct answers. (2) A. A task can be assigned only one possible processor B. The same workflow variant can be assigned to several company codes. C. It is possible to design multilevel workflow sequences D. A company code can be assigned several workflow variants.
Which of the following information is entered in the chart of accounts segment of a G/L account?
Choose the correct answers. (3) A Consolidations fields B Control fields C Account number D Currency fields.
Identify the criteria that usually differentiate between document change rules. Choose the correct
answers. (2) A Account type B Company code C Asset class D Open items.
Which of the following parameters can be changed on a time-dependent basis? Choose the correct
answers. (3) A Depreciation key B Useful life (year or period) C Variable depreciation portion D Depreciation start date.
On what basis does the system determine the period for the asset retirement? Choose the correct
answer. A. Net book value B. Asset value date (asset retirement date).
Which of the following statements apply to the special general ledger types of noted items? Choose the
correct answers. 2 A. No special general ledger indicators of your own can be created of this type. B. No postings are made on an offsetting account. C. The account for the offsetting entry is selected automatically. D. Noted items are posted to an alternative reconciliation account. E. No zero balance check is made in the system.
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? Choose the correct answers. 2 A. Check to see if the goods were delivered by the key date, but have not yet been invoiced. B. Check to see if the goods were produced by the key date, but have not been invoiced. C. Check to see if the goods were ordered by the key date, but have not been received. D. Check to see if the goods were invoiced by the key date, but have not yet been delivered.
You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this? Please choose the correct answer.
a) Your own financial statement version b) Your own application tile X c) Your own application catalog d) Your own application group.
What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question. a) Secondary costs b) Non-operating expense or income c) Balance sheet d) Reconciliation accounts e) Field status group.
How does the SAP HANA architecture improve SAP S/4HANA system performance?
Please choose the correct answer
a) SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code. b) SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed. c) 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. d) SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime.X.
Which statements best describe a chart of depreciation?
There are 2 correct answers to this question.
a) A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA. b) A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas. c) A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation. d) A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is.
You want to make the Reference Document Number field required for entry. Which object controls this setting?
Please choose the correct answer. A Document type B Document reference key C Document field status D Document posting key.
06. During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question. a) Park b) Hold c) Post d) Simulate.
. Which of the following currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question. A Transaction currency B Group currency C Material ledger currency D Local currency.
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. a) Capitalization date b) Net book value c) Asset class d) Depreciation start date .
09. What is controlled by the terms of payment?
There are 3 correct answers to this question. a) Account for cash discount received b) Determination of the baseline date c) Allowed account type d) Default payment method e) Setting for net procedure.
Which entries do you define when maintaining a G/L account?
There are 3 correct answers to this question. a) Account Type b) Field status group c) Profit center d) Account group e) Ledger assignment.
Which reporting tools are available with SAP S/4 HANA embedded analytics? Note: There are 2
correct answers to this question A. SAP Analysis for Microsoft Office B. Query Browser C. KPI modeling apps D. SAP Analytics Cloud.
Which of the following control data is carried by asset classes? Choose the correct answers. (3) A. Insurance type B. Number range interval C. Screen layout D. Account determination.
Identify the call up points that have been provided for Financial Accounting (F1). Choose the correct answers. (2) A. Document header B. Organizational unit C. Document line D. Controlling area.
Which field can you change on a posted invoice? A. Tax code B. Special G/L indicator C. Payment terms D. Cost center.
For which of the following transactions can you use noted items? Choose the correct answer. A. Late payment B. Vendor payment C. Customer payment D. Down payment request.
In the SAP S/4HANA application, the payment program and dunning program can access noted
items for further processing. Determine whether this statement is true or false. FALSE TRUE.
What is the format of a company code key? Choose the correct answer. A. Two-digit alphanumeric B. Eight-digit alphanumeric C. Six-digit alphanumeric D. Four-digit alphanumeric.
What dunning-related data do you maintain on the business partner master record?
Note: There are 2 correct answers to this question. A. Dunning block B. Dunning area C. Dunning interval D. Dunning procedure E. Dunning key.
Cleared items contain which of the following pieces of information? Choose the correct
answers. (2) A. Due date B. Clearing document number C. Archival information D. Clearing date.
What is the recommended field status setting for fields in the customer-vendor account
groups in the Financial Accounting customizing? Please choose the answer: A. Required B. Hide C. Display D. Optional.
How many intervals are defined for the foreign currency valuation run ID per client? Choose the correct answer. A. 0 B. 2 C. 1 D. 3.
You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this? Please choose the correct answer. A. Business Area B. Functional Area C. Cost Center D. Segment.
Which of the following task types are supported by the closing cockpit or schedule manager? choose three Programs with or without variants Notes: as reminder or milestone Transactions Program and transactions area Field status.
Which of the following accounts are updated directly? A Accounts in the operating chart of accounts B All accounts in company code C All accounts in depreciation area.
To which of the following does an asset class apply? A Accounts in the operating chart of accounts B All accounts in depreciation area C To all company codes D To all company codes in a client.
In your leading ledger (ledger solution), balance sheet must be created for company codes and segments. Which customizing settings do you need to make? Choose two Define retained earnings account Assign the segment reporting scenario to your leading ledger Assign the segment to the company code Define accounts.
What are the prerequisites for setting up cross- company- code cost accounting? (Choose two) A The same fiscal year is used for all company codes B The same chart of accounts is used for all company codes C The same fiscal year is valid for all D The same chart of depreciation is for all company codes.
You post a G/L document. For the text field, the field status of the posting key is required entry and the filed status of the G/L account is set to hidden entry. What happens during posting? A An error message is shown B The post is valid C The system sent to warning or not.
For reports in asset accounting, which objects do you have to use and, where is necessary, customize to determine the sort level and or the summation level? A Sort variant B Fiscal year variant C Shortened fiscal year.
Your company currently uses internal number ranges for documents; you are out your system in an new country. It’s a legal requirement in this country to have external document numbering or vendor invoices (currently document type KR) have copied the number ranges from the existing company code to the new company code. Which customizing settings do you have to make to meet this requirement have a minimal effect on the existing system configuration? A Mark existing number range interval 51 as external for the new company code B Mark existing number range interval 41 as external for the new company code C Mark existing number interval 51 as internal for the new company code.
You have two house banks. Each house bank has three bank accounts. How many separate G/L accounts do you recommend the customer creates in the chart of accounts? A Six, one for each combination of house bank and bank account B Three, one for each house bank accounts C One, for all house banks.
Which line item field is filed automatically by the sort key field or master record (G/L account, customer, or vendor)? A Assignment B Company C Line item.
You want to reconcile the amounts you have in a main bank G/L account in you system with the daily bank statement. You create a single intermediate G/L bank account for each bank. All transactions with the bank are posted through the intermediate account. Which of the following indicators do you have to activate G/L account characteristics of the intermediate account. (Choose two) A Line item display B Open item management C Line item D Assignment.
What additional options do parking documents offer compared to holding documents? (Choose two) A A Parked document can be posted using a workflow B A parked document can be changed and posted by another user, thereby supporting the principle of dual control. C A Parked document cannot be changed D A Parked document cannot be posted by another user.
Your customer has two company codes in the same client. Each company code have different operational chart of accounts. The customer has a country specific chart of accounts for each company code. How does this influence how you create customer master records? A You have to create one master record for each customer B You have two create two master record for each customer C You don't have create master records for customers.
What do you define when you configure a dunning procedure? A Dunning levels, and dunning charges for each dunning level B Dunning procedures C Dunning levels only.
Which of the following factors determine the field status for vendors? A Account group, transaction and Company code B Account transactions in Company code C Accounts in chart of accounts.
You configure the available amounts for bank accounts. What happens to these available amounts during the payment run? A They are not updated B They are updated C Payment is not valid.
A customer wants to create a report that is to be run on a monthly basis showing documents within a specific range for a specific company code that have been within the current month. How can you create this type or report? A Create a compact document journal report. Enter the values for the documents inter company code. After saving this as a variant, add an appropriate. Dynamic date calculus variable for the posting date on the variant attributes screen. B Create a document journal. not enter the values for documents, calculus variable for the posting. C Create an small report for FSV.
A customer wants to use document splitting to enable balance sheets by segment. How do you set up the document split? (Choose two) A Assign all document types to business transactions and business transaction variants B Define splitting rules C Define fiscal year variant D Assign fiscal year to Company code.
Which object do you have to activate to maintain profit centers directly in asset accounting with all business functions for new General Ledger accounting active? A Segment reporting B Profit centers reporting C Cost center reporting D Balance sheet.
When dealing with financial statement version (FSV), how do you ensure that requirements of the various target groups (for example) auditors, tax authorities, banks) are satisfied? A Create different FSV based on the needs of the target groups. B Create one sample of FSV for all group C Create Balance sheets and P&L statement.
Your customer accounting department informs you that the company issues and they need to easily differentiate payments made by check. How can you facilities requirement? A Use the payment method for checks B use the payment terms for check C Use the the payment method for transactions.
Your chief accountant would like to display company owned cars separately in balance sheet. These cars were previously included in the asset class factory are office equipment. What do you have to configure? A Create a new asset class and a new account determination B Create an new account type C Create a new account group.
Your customer wants to access line items for individual P/L accounts without the balance sheet and P/L display. What do you recommend? A Use drilldown report B Use one report C Use Line item display.
You have been asked to showcase the asset sale with customer scenario in the blueprint workshop meeting. What do you have to consider when posting an asset sale? (Choose two) A You must specify the asset value date B You must post the sale against an asset that has an acquisition C You must post asset acquisition.
At which level is the vendor account number (master record) assigned? A At client level B At Company code level C At general ledger level.
A customer wants to use segment reporting on balance sheet and P/L account. Which business function do you recommend? A New General Ledger accounting B General ledger accounting C Special General ledger accounting.
At the end of a fiscal year the system carries forward the balance of certain accounts to a special retained earnings account and set them to zero. Which accounts are treated in this way? A P/L accounts B Balance sheet accounts C General ledger accounts.
A company uses different terms of payment. What can you define for these terms of payment? (Choose three) A Cash discount periods B Baseline date for due date calculation C Cash discount percentage rates D Due Date.
What are the advantages of the payment medium workbench (PMW)? (Choose three) A It provides a uniform set of functions for all kinds of payment methods B It can be used to change payment formats without modifying the programs C It can be used to create new payment formats D It can be used to create new programs.
What do you define when you set up a depreciation area? The posting to the general ledger The posting for a vendor or customer The posting to all ledgers.
In a payment run, the data entered for a payment method in the document may from the master data. How does the system resolve this? A Document data overrides master data B Master data overrides Document data C Message of error is shown.
Which of the following objects must your enter when posting an asset acquisition against a vendor? (Choose three) Document type Asset master record Transaction type Asset transaction Account type.
Which of the following is mandatory to make G/L accounts ready for posting? A chart of accounts segment and at least one company code segment A Chart of accounts and one Company code A Chart of accounts segment and one company segment.
Your company uses only book depreciation and you activate the new depreciation engine. The book depreciation key Z010 currently used by an asset should be the current year has already been posted for the months of January, February, and (monthly depreciation run). The change should take effect from April 1st. How you implement this change? (Choose two) A Call the depreciation areas screen in the asset master and assign the key Z010 with value start date of April 1st B Create a new asset referencing the asset you want to change. On the depreciation area select depreciation Z020.Then post asset transfer from the existing asset to the new depreciation engine C Call the chart of accounts screen in the asset master. D Create a new asset for you want change and select depreciation area.
A customer requires a balance sheet per segment but does not require a balance sheet per profit center. You discuss the features of segments and profit centers with him. Which features can highlight? (Choose three) A You can assign the segment to the asset master record B Segments are derived from profit centers in the standard system C You can post in FI directly to a segment D you can post in profit center directly.
How do you prevent duplicate vendors from being created? (Choose two) A Activate message control for the duplicate vendor check B Use match code to check whether the vendor already exists C See all the vendors for check D Do not create the vendor.
Your customer sells products and services. They have separated the invoices, invoices for products, and invoices for services. Which object do you have to using for create dunning notice dependent on the division (product or service)? A Dunning áreas B Dunning notices D Depreciation areas.
Which of the followings describe characteristics of master data? (Choose two) Master data is used on a long term basis for multiple business processes Master data is typically assigned to organization levels Master data is used on a small term basis for processes Mater data is assigned to Company code.
You want update the search term to field in your customer master data, but this does not appear in the maintenance transaction. Which field status definitions have to check and, if necessary, change in customizing? (Choose two) Field status definitions or activities Field status definitions of account groups Activities of accounts Field status.
How does SAP support impairment posting? A By using work list B By using payment terms C By using posting keys.
In which Customizing activity do you do decide which special G/L transactions are paid automatically via the payment program? Set up all company codes for payment transactions Set up chart of accounts Set up payment methods.
.You want to capitalize an asset under construction (AUC) using the line item settlement process. However, the settlement does not work. What could be the reasons for this? (Choose three) There is no settlement profile assigned to the company code The status of the AUC is set to summary management The settlement profile does not allow asset as valid receivers There is settlement profile assigned to a controlling area The profile don't have assets valids.
You entered a non-invoice related credit memo and selected net due 30 days, term of payment. The invoice reference field empty. What effect does this the term of payment entered in the credit memo? A The term of payment entered in the credit memo is ignored during clearing B The payment is not valid C The clearing is not entered.
In the data entry view, what is the maximum number of the line items in a single FI document? A 999 B 99 C 9999.
How can the short text field of a G/L account be changed? A Centrally, in the chart of accounts segment B Centrally, in Company code segment D Centrally, un chart of accounts.
What are the prerequisites for posting a vendor invoice in Financial Accounting? (Choose two) A. Create a company code segment in the vendor master. B. Activate and configure the document splitting function. C. Set up a number range for vendor invoices. D. Create a purchasing organization segment in the vendor master.
Which functions are provided by the Reclassify Payables/Receivables closing activity? (Choose two) A. Adjustment postings for changed reconciliation accounts B. Credit check and rating of open items C. Regrouping and sorting of payables and receivables D. Automatic correction of bad debits or credits E. Open item analysis for liquidity forecast.
How do you implement parallel accounting in asset accounting? A. By using an extra chart of accounts B. By using two different charts of depreciation C. By using two asset classes D. By using two depreciation areas .
What is the maximum dunning level that can be assigned to a dunning procedure? Choose the correct answer A 9 B11 C 7 D 1.
What is defined in the payment terms? Note: There are 2 correct answers to this question. A Cash discount B Posting key C Tolerance days D Aging data.
What are the benefits of using the accrual engine? (Choose three) A. The accrual engine calculates the accrual amounts automatically B. The accrual engine supports parallel accounting.x C. The accrual engine can correct accruals in the previous month even if that period is closed D. The accrual engine is client-independent. E. The accrual engine can simulate planned future accruals.
Which of the following is a typical process sequence in Product Sale from Stock? A. Purchase requisition -> Delivery/Transport -> Dunning and payment -> Billing B. Purchase requisition -> Billing -> Transport/Goods receipts -> Dunning and payment C. Incoming order -> Goods receipts/Transport -> Dunning and payment -> Billing D. Incoming order -> Transport/Delivery -> Billing -> Dunning and payment .
In which life cycle scenarios is the SAP Solution Manager used? (Choose three) A. Scoping B. Operations C. Implementation D. Optimization E Retirement.
Which of the following is a typical sequence of steps in a Purchase to Pay process? A. Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts -> Payment B. Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification -> Payment C. Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification -> Payment D. Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts -> Payment.
Which SAP NetWeaver component realizes cross-system application processes? A. SAP Enterprise Portal (SAP EP) B. SAP Exchange Infrastructure (SAP XI) C. SAP Master Data Management (SAP MDM) D. SAP Business Warehouse (SAP BW).
How do you implement parallel accounting in asset accounting? A By using two depreciation areas B By using two valoration areas C By using one depreciation area.
You set up a new account group. Which customizing settings for vendors can you control directly in this account group? (Choose two) A The one time account checkbox B The number range of master data accounts C The interval of number ranges in master data D Account checkbox.
You are testing the payment program. The payment run has been executed. What looking at the program log you notice that the payment method check shows that the address is missing from the vendor master. In customizing for payment program where can you see which data is mandatory? A Country data for the payment methods B Payment methods C Payment terms.
Which factors determine the fiscal year variant you would assign to a company? (Choose Two) A The existence of shortened fiscal year B The fiscal year start and end period of the company C The existence of long fiscal year D Fiscal year end period.
The heads of accounts receivable requires that all items posted to individual accounts are posted to their headquarters. Which function do you have to use this requirement? A Head office B Branch account C Branch office.
What does the posting key control? (Choose three) Debit/credit indicator Account type Field status (Posting key) Document type Account type.
The field status definition form the account group and the transaction are for each field. The field status definition with the higher priority is used. Which sequence, going from the highest to the lowest, is correct? Hide, display, required entry, optional entry Display, hide,optional entry, required entry Required entry, optional entry, hide, display.
What are the calls up points for validation in FI? Document header, line item and complete document Document line item and accounts Complete document.
Your customer runs an SAP system with new General Ledger accounting active. They want to run a validation of accounts receivable that are posted in foreign currency. What do you have to do? Set up a valuation method and assign it to valuation area Set up a depreciation area Set up a valuation area.
You entered a G/L account posting and received an error message saying that this type D (Customer) is not allowed. Which object causes this error? A Document type B Account type C Noted item.
Which interactive function is provided by the SAP list viewer? Creation of subtotals for specific values Creation of specific values Creation of totals for specific values.
Special G/L transactions can be divided in to which types? (Choose three) Free offsetting entry Noted items Automatic offsetting entry Line items.
On wich level do you define depreciation keys? A Chart of depreciation B Chart of accounts C Depreciation area.
What does the year end closing program do in asset accounting? (Choose two) It check whether depreciation and assets are fully posted It checks whether assets contain errors or are incomplete It check whether assets are complete it checks whether valuation is fully posted.
Which activity has an impact in the net book value of an asset? Changing the useful life of the asset Changing in the value of the asset.
Which transactions in the procurement process with valuated goods receipt documents FI
(Choose two) A Post valuated goods receipt B Enter invoice receipt C Purchase order D Incoming invoice.
What options do you have for posting an asset acquisition? (Choose three) Asset acquisition integrated with accounts payable Asset acquisition using a clearing account Asset acquisition posted from materials management Asset acquisition posted from CO Asset acquisition posted .
Your customer wants to clear minor payment differences for incoming payment automatically. Which objects do you have to use to fulfill this requirement? A Tolerance groups for employees B Tolerance groups for customers/vendors C Tolerance group for G/L accounts group D Tolerance group for vendors.
Which elements of a customer account are created when you maintain the accounting decentralized in financial accounting? General Data Company code Data Account Data.
Which of the following activities generates an FI document if real time integrated between CO and FI has been set up? (Choose two) A An assessment between cost centers in one company code with different functional area B An assessment between cost centers that belong to two different company codes C An assessment between profit centers that belong to two different Company codes.
Which of the following status symbols are used in customer and vendor line items list? (Choose three) A Parked B Cleared C Open D Hold E Line item.
Which characteristics of account determination can be used to assign realized Exchange rate differences to different G/L accounts? (Choose three) A Chart of accounts B Reconciliation accounts C Currency D Chart of depreciation.
If a vendor is also a customer, which settings are necessary to clear both roles each other? (Choose two) The clearing with vendor field must be selected in the customer account, and correspondent field must be selected in the vendor account. The vendor number must be entered in the customer account, or the customer number entered in the vendor account. The clearing with selected in the customer account, and correspond in the vendor account. The clearing with vendor field must be selected account, and correspondent field must be selected in the vendor.
A multinational Enterprise acquires a company in a country which has local reports requirements. The multinational enterprise wants to use one operational chart of accounts for all companies. How can you fulfill this country specific requirement? Create a country specific chart of accounts and assign it to the company code Create a country specific valuation area and assign it to company code.
Which steps are necessary to run a payment program? (Choose three) Schedule print Maintain parameters Start proposal run or payment run Schedule tasks Maintain rules and substitution.
Which function can you use to generate intercompany posting document? (Choose two) Intercompany asset transfer Central payment Intercompany payment Ordinary transfers.
You receive a payment where the difference from the posted invoice is larger than stated tolerance limit. How can you deal with this? (Choose two) Post the difference to an account assigned to a reason code Post the difference as a residual item Post the difference Post the residual item.
Your customer is running an SAP ERP system with General Ledger accounting activated. All scenarios, but no customer fields, are assigned to the leading ledger which objects in the total table (FLAGFLEXT) can be evaluated with drilldown reports? Segments, profit centers, cost centers, business areas, functional areas Profit centers, cost centers and business areas Functional areas, segments, cost centers.
Your customer wants to use the closing cockpit for period end closing. What noted benefits of the closing cockpit do you highlights? (Choose two) It enables the use of task list covering all closing activities It provides complete documentation of the activities performed during period end closing It enables the use of task It provides information of the activities for end closing.
You want to use external number assignment for specific document types. What is special feature of external number assignment? The numbers can be alphanumeric The numbers can't be alphanumeric The numbers can be numeric .
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