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FI PAPER - 12
3. the field status of the text field in the header of a document is controlled by’
a. account type
b. document type
c. field status group
d. posting key
7. the field status of the field group account number in the G/L master is controlled
by the account group
a. completely true
b. partially true
c. completely false
8. the field status of the fields in the company code data are controlled by
a. account group
b. account type
c. transaction/activity type
d. chart of accounts
1
ACADEMY: FINANCIAL ACCOUNTING
FI PAPER - 12
11. ‘set data’ sets the dcata permanently in the system, whereas the hold data
function does it till the session is on
a. partially true
b. completely true
c. completely false
12. when the same field has both a validation rule and a substitution rule
a. It causes an error
b. validation takes priority
c. substitution takes priority
d. the rule that was created first takes priority
13. the cross company code transaction number is taken from its document type
a. completely true
b. partially false
c. completely false
14. for every G/L account, a primary cost element needs to be created immediately if
the company code is assigned to a controlling area
a. completely true
b. partially true
c. completely false
15. a fiscal year that is a same as a calendar year needs a year dependent fiscal year
variant
a. completely true
b. partially true
c. completely false
17. every company code can have only one cash journal
a. completely true
b. partially false
c. completely false
18. every line item of a document needs to have a unique posting key
a. completely true
b. partially false
c. completely false
19. the document number range for reconciliation accounts can have external
numbering
a. completely true
b. partially false
c. completely false
2
ACADEMY: FINANCIAL ACCOUNTING
FI PAPER - 12
20. if business area balance sheets are enabled for a company code, then the field
business area in the account assignment screen can be
a. suppressed
b. optional
c. display
d. required
22. there can be any number of posting periods open for a company code
a. partially true
b. completely true
c. completely false
26. for getting the transaction figures for an account line item display needs to be
activated
a. completely true
b. partially false
c. completely false
27. all line item display accounts need to be open item managed
a. completely true
b. partially false
c. completely false
3
ACADEMY: FINANCIAL ACCOUNTING
FI PAPER - 12
33. the account group must be for P&L items for accounts which are P&L accounts
a. completely true
b. partially false
c. completely false
35. bank G/L accounts are assigned to house banks, and all accounts under the house
bank have the same G/L account
a. partially true
b. completely true
c. partially false
d. completely false
36. the user can create his own transactions types for cash journal business
transactions
a. completely true
b. partially false
c. completely false
37. noted items
a. create only one line item
b. need to be identified in the special G/L transaction type as a noted item
c. are always available for credit control
38. which of the following statements are true
a. special G/L items post into a separate reconciliation account
b. the reconciliation account for the special G/L transactions is defined per
company code
c. statistical postings create only one line item
KEY
4
ACADEMY: FINANCIAL ACCOUNTING
FI PAPER - 12
1. A,C
2. B
3. B
4. A,C
5. A
6. C
7. C
8. A,C
9. C
10. A
11. A
12. C
13. C
14. C
15. C
16. C
17. C
18. C
19. C
20. C
21. C
22. B
23. C
24. A
25. C
26. C
27. C
28. D
29. E
30. C
31. D
32. A
33. C
34. A
35. D
36. C
37. A,B
38. A