SAP FICO EXAM RELATED QUESTIONS 1. A chart of accounts ( Multi Choice) A. can be allocated to multiple company code B.

can be defined as the group chart of accounts C. only contains definitions for G/L accounts D. can only allocated to one company code. 2. A client. (Single Choice) A. may only contain a single chart of accounts B. may contain multiple charts of accounts C. may only use one currency type D. may only have one controlling area 3. Identify the correct statement(s) relating to how the main business processes are integrated in the SAP R/3 System. (Multi Choice) A. A purchase requisition is a documented request to purchase goods or services. In SAP it can be created manually or automatically. B. A goods receipt is the recording of the movement of materials into the warehouse. In SAP, a financial document which updates the inventory account and an accrued liability account is created C. The Invoice receipt and verification process compares the vendor invoice with the purchase order and goods receipt. However, the corresponding financial transaction must be entered through the financial module of R/3. D. In SAP, payment processing reduces the liability to a vendor and a company¡¯s cash balance, records discounts taken and disburses payment. E. A customer delivery is the transfer of the ownership of goods. A customer delivery includes, creation of a delivery document, picking the goods for shipment; physically transferring the goods to the customer and financially recording the goods issue.

4. Identify the correct statement(s) regarding organizational elements within the R/3 System. ( Multi Choice) A. The Sales area combines the sales organization, distribution channel, and division. B. The Purchasing Organization is responsible for the purchasing for the only one plant. C. A plant is a location in which inventory quantities and values are stored or manufactured. D. A Controlling area can comprise several company codes using different chart of accounts but must operate in the same currency. E. A profit center is used to generate income statements and operating profit statements. 5. Identify the correct statements. ( Multi Choice) A. All areas of an organization that are to be integrated into the R/3 Production system should be included under one client. B. The term ¡°client dependent¡± refers to tables or data that relate only to the client which was accessed during the log on process. C. Due to the integrated nature of SAP, there are certain core organization element that cut across the modules. Client and company code are two of these core elements. D. To determine the number of clients required, the focus is placed on data access and sharing strategies. 6. Which of the following statements is true ? ( Single Choice) A. A Company code can belong to more than one controlling area. B. A plant must be allocated to a company code C. A controlling area and a company code must have the same local currency. D. A business area and a company code are assigned to each other in the corporate structure IMG

7. Identify the correct statements relating to the Implementation Guide( Multi Choice) A. When creating a project in the IMG, the application areas and countries are selected from the Enterprise IMG B. The number of implementation activities can be reduced by creating Project IMG views, such as a view for ¡°mandatory activities¡± C. The Project IMG must include all customizing activities for all R/3 applications. D. The SAP Reference IMG is generated for the application modules to be implemented in a company and for the different countries E. Customizing transactions can be accessed from the SAP Reference IMG, Project IMG and the Project views. 8. What characteristics do roles have in the Workplace? ( Multi Choice) A. Roles describe business processes in a company B. Roles contain a collection of activities that a user who is assigned to this role can execute C. Roles represent a range of executable functions in a company that users can assign themselves to D. The authorizations required to execute the assigned functions are automatically linked to roles E. Roles contain MiniApps 9. What content elements of the mySAP.com Workplace are provided? (Multy) A. The Workplace contains role-based navigation options for R/3 transactions, reports, and other links to various systems. B. The Workplace is a completely personalizable working environment. C. The Workplace contains role-specific information and role-

based access to the Marketplace. D. The Workplace is used exclusively as a LaunchPad for Employee Self Service with information for employees. E. The Workplace contains personal Favorites. 10. What are MiniApps?(Multy) A. MiniApps are small applications that are started automatically when the Workplace is called. B. Miniapps are small applications that can be called from the Workplace. C. MiniApps are small applications that communicate continuously with the implemented SAP products D. MiniApps are Java Applets that are loaded from the Workplace to the user client. E. MiniApps are role-specific applications that can contain more activity options. 11. What system tool allows you to add graphics, re-arrange fields, add pushbuttons and change input fields into radio buttons?(Single) A. GuiXT B. GuiCapture C. SAPGui D. SAPShow E. Profile Generator 12. Which of the following can you add to a Favorites list?(Multy) A. Files B. Transactions C. Web address D. Reports E. User menus 13. What does SAP call the new asset value display transaction? (Single) A. Item Explorer B. Accounts Explorer

Account determinations C. the program checks if the year-end closing can be carried out. Account selection B. post to business areas 17.(Multy) A. You can only conduct year-end closing on June 30 or December 31 of each year. i. . B. post depreciation at periodic intervals to the general ledger B. Screen layout variants E. Once the year-end closing was successfully completed. You carry out year-end closing before the fiscal year change. You cannot create and post to new fixed assets until The yearend closing is successfully completed E. Please click on the button next to the correct answer. 15. Which of the following statements about year-end closing are correct?(Multy) A. Asset Explorer 14. all company codes can post in all business areas. What steps have to be completed before you can generate asset classes form G/L accounts? (Multy) A. Accounts Viewer D. For each depreciation area you need to specify whether you want to (Multy) A. Asset classes 16. The business area can run across many company codes. Number range intervals D. use index classes E.C. the system automatically changes certain entries in Customizing (closed fiscal year) D. post asset values at periodic intervals C. automatically post values online D. C. Asset Viewer E. During year-end closing.e.

Transferring asset data ¡®during the fiscal year¡¯ is only possible on july 1 of the given year. the date of capitalization D. B. C. Cost Center determination. you can enter either the APC or . The time of the first acquisition posting to the asset sets the following fields in the master of asset(Multy) A. A company code may belong to more than One Controlling Area.B. D. at Chart of accounts level. Each company codes uses exactly one chart of accounts and one chart of depreciation. D. 18. At which level is the chart of Depreciation created?(Single) A. at Business area level. Which of the following statements about asset data transfer from a previous system are correct?(Multy) A. Definition of default value. at Client level. Usually one Chart of Depreciation is defined for each country. the system automatically determines replacement values and insurable values using batch input. B. the cost enter to be hit through depreciation C. the depreciation start date per depreciation area B. C. C. the depreciation key 19. Account allocation E. What are the functions asset class?(Multy) A. 21. at System level. During the asset transfer. 20. Business areas are used to create internal balance sheets and income statements. at Company Code level B. Screen layout D. When you transfer asset data ¡®during the fiscal year¡¯. C. Asset number assignment. E.

. What additional functions do asset classes offer?(Multy) A. C. Manual depreciation usually only applies to depreciation areas which you choose when you enter the document.you must enter the last depreciation posting period from your previous system in the SAP R/3 System. B. Vendor asset acquisition clearing account 23. Manual depreciation is initially shown as a planned value after entry and only posted when the depreciation posting report is run. D. E. you also need to enter it manually in FI/CO. The goods receipt is posted on a value basis. GR/IR clearing account.Which correspondence extracts all items in the chosen period from a customer¡¯s account displays the balance carried forward balance and a closing balance of the account ?(Single) . C.the net book value. MM/FI clearing account. Intergration with MM: An asset purchase order is created in Purchasing. After entering manual depreciation in FI-AA. Invoice verification then posts the invoice. Which of the following statements about manual depreciation (for example unplanned depreciation in FI-AA) area true?(Multy) A. Manual depreciation is posted immediately after entry(real time). When you transfer asset data ¡®during the fiscal year¡¯. E. E. Define allowed company codes 24. 25 . B. Specify required entry fields for asset master data B. Asset purchasing clearing account. Enter default values for asset master data C. During the asset transfer. Asset acquisition clearing account. Enter default values entries for depreciation area D. You cannot post manual depreciation in FI-AA. What is the name of the auxiliary account used for all of these transactions?(Single) A. D. D. you can specify the order in which the depreciation are apper. 22. Enter allowed entries for user fields E.

Open items posted to G/L accounts can be cleared using the payment program D. Here you can specify that the information is to be output to a data carrier B.in the master record D. Payment advice B. per house bank.A. In automatic payment procedures. Which of the Following statements about automatic payment are correct ? (Multy) A. Imagine the following scenario:A company wants to execute a payment run on a daily basis and process several company codes at the same time. You specify. the vendors are to be paid by bank transfer. Account statement D. Payment notice C. You specify the payment method from within the application. Special G/L transactions(down payment)can be posted using the payment program E. whether payments are to be made by check only or also by transfer C. If the amount exceeds US$ 1000. amounts less than US$ 1000 are to be paid by check. You can precisely schedule the print program from within the application . Dunning notice 26. The payment program can pay vendor invoices using wire transfers and checks 27. The customer has two house banks and wants all checks to be processed by bank A and all¡¦ (Multy) A You store variants for print programs within customizing. Direct debiting or bank collection can be used in automatic payment procedures to clear customer invoices C. The payment proposal of the automatic payment program can only be displayed E. all incoming invoices as of the second dunning level are paid automatically B.

you do not need to specify the country. Specifications in the vendor master records D. posting date and baseline date B. Which of the following factors does the systems take into account in a payment run ?(Multy) A. When creating a House bank. baseline date and payment terms D. B. You can determine the banks to be used for payments according to postal code 30. Information in the documents(incoming invoices) E.28. A House bank account can be defined in more than one currency . Specifications made when maintaining the payment run parameters 31. You can only determine one payment method per house bank C. You can specify by bank and method the anticipated number of days before the bank account is debited E. Which of the following statements are true with regard to the customizing setting for banks in the automatic payment run ? (Multy) A. Fiscal year variant B. Which of the following statements are correct ?(Multy) A. According th which criteria does the payment program determine and select open items (Single) A. posting date and payment terms 29. The sequence of the banks for processing outgoing payments is selected randomly B. document date and posting date C. The payments program can use a different House bank for each different payment method C. Payment method specifications in the IMG C. posting date and cash discount periods E. You can select several payment methods per country D.

Entry date D. the valid time period must be defined. 34. Choose the correct statements regarding recurring documents. which of the following statements supports the reversal of a document?(Multy) A. A new document number is created for the reversal document. Posting period variant. Document date C. D. If a reversal date is not specified. B. When entering a document using a foreign currency. The posting date is determined by either the run date or the run schedule. . Field status variant. The original document contains no cleared line items. before assigning the House bank to a payment method in the payment program configuration E. Posting date B. C. Fiscal year variant. which date is used to determine the exchange rate if the translation date is not entered ?(Single) A. where are posting periods defined?(Multy) A. A house bank can be assigned to a business area within the payment program configuration 32. Closing period variant. (Multy) A. D.D. Baseline date 33. B. the system reverses the document using the posting date of the document to be reversed. 35. C. House bank master data must be created in advance. When creating a recurring document. B. Documents originating in other modules should be corrected there to allow the changes to flow naturally through to financial accounting.

The planning type determines which bank accounts the plan amount to be inputted to. 38. E. After running the recurring document posting. D. The original recurring document can be deleted from the batch input menu. Define a posting rule C. Both the main bank account and the bank clearing account permit line item displays. Field values can be changed in recurring document. In manual bank statement customizing. . C. B. 36. Define an internal activity B.C. The expiration date shows how long the payment advice is included in planning. Which of the following statements about manual planning are correct?(Multy) A. B. Define an account symbol 37. Archived payment advices are included in planning till the value date. Open items are managed for both the main bank account and the bank clearing account. The retention periods are determined by the bank account name. the next run date cannot be displayed. archived. Bank accounts should be controlled as follows when Cash Management is in use Multy) A. D. C. The main bank account and the bank clearing account use the same sort key. or reactivated. Define a posting type D. Define a currency E. you must (Multy) A. E. The payment advices for editing can be changed.

D. If a customer is also a vendor. The company code is always a required entry. The reconciliation account defined on the customer master . control data. E. The cash-relevance flag in the master records for both the main bank account and the bank clearing account must be set. The value date in the field status string for both the main bank account and the bank clearing account must accept entry. B. and reconciliation account are included in the client level of the customer. the system can include outstanding Accounts Receivable invoice items in payment program. E. depending upon the company code. 40. 39. An account group always gets assigned to a customer. A customer master is divided by client level and company code level. depending upon the account group. 41. The most efficient way to create master records is to work with the external number range not internal number range. B. Which of the following statements are correct? (Multy) A. suppressed or optional. the system can include outstanding Accounts Payable invoice items when you clear incoming payment receipts for the customer. B. Address. D. C. Which of the following statements are correct? (Multy) A. In case of one-time customer you have to enter the customer¡¯s address in the document itself. If a customer is also a vendor. suppressed or optional.D. Information on each screen may be defined in configuration as mandatory. The account number may be assigned by the user externally. Information on each screen may be defined in configuration as mandatory. Which of the following statements about creating customer master records are correct? (Multy) A. C. C.

Result analysis orders for posting accrual costs in CO. What data can you change using this function?(Multy) A. B. The reconciliation account B.record is an account used to reconcile CO transactions back to FI. Sales orders for make-to-order function E. The house bank and payment method 43. B. Capital investment orders for creating assets. Maintenance orders. Additional order status categories can be created in the order master. C. D. C. E. 44. CO production orders. The payment terms and payment block D. Once an order has been released. D.this function allows you to change a whole group of line items simultaneously. Bulk change of line item . 42. D. instead of having to change individual items in the documents. Planning transactions are allowed under any status. B. All customer belonging to the same account group must be assigned to the same reconciliation account. Bills of materials and routings are required.Which of the following statements is true about CO production orders?(Multy) A. C. Transactions can be allowed or disallowed depending in the order status. Which of the following order types are internal orders?(Multy) A. 45. The alternative payer is used to transfer outstanding receivable item to the alternative payer¡¯s account. The company code C. It is an internal order used to control production from a cost accounting point of view. only closing entries can be made.Which of the following statements are correct regarding Internal Orders?(Single) A. It is not possible to post goods movements to and from the .

order. If both the amount of the activity used by the receiver and the total output activity quantity of the sender can be measured. The cost center must be defined. then indirect activity allocation is used. B.Which statements are true regarding direct and indirect activity allocations? (Multy) A. You can post primary costs from Financial Accounting to the order. D. What is the difference between distribution and assessments? (Multy) A. Which of the following conditions must be fulfilled BEFORE you can create primary cost elements?(Multy) A. 46. If the amount of activity consumed by the receiver is not measured. then indirect activity allocation is used. D. The G/L account must be defined. Before you can create a new primary cost element. 48. C. The business areas have been defined. Distribution can be made for both planned and actual figures. . C. The plant must be in the system. The controlling area must be defined. the total output activity quantity is determined by summing all of the activity quantities allocated. 47. If direct activity allocation is used. E. B. certain prerequisites need to be fulfilled. E. D. Manual activity input planning cannot be performed if actual activities are allocated indirectly. The primary cost element is one type of master data in Controlling. You can post secondary costs from overhead calculation to the order.

Distributions are made using the original primary cost elements. assessments cannot. required for internal cost and revenue accounting. even allowing for customer defined segments? A B C D Controlling Area Business Area Operating Concern Company Code 50 [Organizational Structures] – A business Area is: A The legal unit of consolidation to which company codes is assigned. One or more is correct. Operating chart of accounts. B. A The GL account group is a classifying feature for general ledger master records. C The smallest organization unit for which a complete self-contained set of books can be executed. 52 [FI-Master Data] – Define GL Account Group. . assessments are used when this information is not necessary on the receiver. assessments are made using secondary cost elements. D. C. B The organization entity for which balance sheets as well as profit & loss statements can be executed across company codes covering a company’s main areas of operation. 49 [Organizational Structures] – Which structure provides an environment for analyzing market profitability. Alternate chart of accounts. Distributions are used when the original cost information is necessary on the receiver. Country chart of accounts. Distributions can be made using statistical key figures. which includes all functions.assessments cannot. D Identifies an independent organizational structure within a company. 51 [Organizational Structures] – Which chart of accounts is always required ? A B C D Group chart of accounts.

A B C D Ensures real-time integration of sub ledger account with the general ledger. Customer master record. 53 [FI-Master Data] – Field Status group control: A B C D The number ranger. The account type. 1 Levels – GL master record 55 [FI-Master Data] – The reconciliation account : One or more is correct. Client. Itself is not designed for direct posting. The fields for data entry screens. D The account group also determines in which number interval the GL account number must reside.B The account group only determines in which number interval the GL account number must reside. Account group. chart of account 2 Levels – company code and client level. Can be defined for customer. vendor and asset account types. C The account group determines the fields for data entry screens if you create or change a master record in a company code. . 54 [FI-Master Data] – How many levels the GL account master record have and what are they? A B C D 3 Levels – client. 2 Levels – company code and chart of account level. Is defined on the client portion of the company code. The GL account group. 56 [FI-Master Data] – Customer specific information such as name and address is stored at what level? A B C D 57 Company code.

60 [TR-Master Data] – Bank master data records can also be manually : One or more is correct. Hard currency. 59 [TR-Master Data] – Bank accounts that contain a company’s own funds: A B C D Customer bank account. Document type. and item sorting is stored at what level ? A B C D Company code. 58 [FI-Master Data] – What determines whether the vendor account is one-time ? A B C D The posting keys. Customer master record. Field Status. Account group. A such The header section contains data relevant for the management of whole document. 61 [FI-Postings] – What are examples of currency types? One or more is correct. A B C D When defining house bank. Global currency. On the general data section of customer & vendor masters. At one-time(account) document entry. Vendor bank account. A B C D User currency. In the account ID. Bank key. Client. House bank.[FI-Master Data] – Vendor specific information such as reconciliation acct. Index currency. . Account group. 62 [FI-Postings] – The accounting document : One or more is correct.

D The debits and credits are not required to balance to zero before posting is permitted. B Each line item would contain an account. D The original document was posted in FI system or originating in other modules. if the document does contain cleared items. Determines whether the vendor account is one-time. C An accounting document must contain at leas 1 line item. posting date. then these items must be reset before reversal can take place. Document type. an amount and other relevant posting information. currency and document text. 63 [FI-Postings] – What identifies which of the account types will be permitted on particular document? A B C D Posting key. Posting date. cost center) are not still valid. 65 [FI-Postings] – A document can only be reversed if: One or more is correct. B The original document contains no cleared line items. Helps control the field status of a line item. 66 [FI-Postings] – What defines the date on which terms of payment are to begin ? A B C D Document type. 64 [FI-Postings] – Define posting keys ? One or more is correct. Document number ranger. company code. Baseline date. Entry date. 67 [FI-Postings] – Allocation Field: One or more is correct A Line items can be sorted in the account group directory by the content of the Allocation . The audit trail. A B C D The posting key also specifies the specific account type for a line item. A The original document contains only customer. vendor and G/L line items. C All specified values (such as.as document number. Identifies which of the account types will be permitted on a particular document.

D Is either filled automatically (sort key in the máster Record) or manually (entry in a line item). 69 What gives an overview of planned processes carried out periodically in the system ? A B C D Dunning runs. Financial calendar. C The ranger of accounts within a specific account type that is currently open for processing. C Is an additional reference field for line items. Additional currency. Payment runs. A B C Document number Company code Fiscal year 72 How variants that are required in each company code ? One or more is correct A B Fiscal year variant Field status variant . Interest calculation. Transaction currency. 70 Which of the following are controlled by the posting period variant ? One or more is correct. B Can get more information on entry by displaying the document. A The ranger of periods that is currently open for processing. 68 [FI-Postings] – The currency that was input on the header of document: A B C D Company code currency.field. Local currency. B Only one period ranger can be open at the same time. D The specific user authorization necessary to book entries within a specific period. 71 A document is identified by the combination of : One or more is correct.

A single G/L account can be used per currency. A If the invoice is created in FI the payment terms from the company code segment are defaulted. A single G/L account can not be used per currency type 77 Cross-Company code transaction number: One or more is correct. A B C D Checking the tax amount entered or automatically calculating the tax. . Calculate the amount of tax. Posting the tax amount to G/L accounts. A B C D Verify the amount of tax. Verify the account type. 76 All reconciliation accounts and all G/L accounts with open item transactions in foreign currency must be assigned to the G/L account for realized losses and gains. Determine the G/L account. 74 The FI system assists with the management of taxes calculated by: One or more is correct. A single G/L account can not be used per currencies and currency types. B When posting the SD-invoice payment terms are not copied to the FI-invoice. When you clear the document with a tax amount.C D Posting period variant Depreciation variant 73 Which payment terms are defaulted when posting an invoice depends on where the invoice is created: One or more is correct. 75 The tax code is used for what? One or more is correct. Performing tax adjustments for cash discounts or other forms of deductions. D When posting the MM-invoice payment terms are copied to the FI-invoice. Which of the following options exist for this assignment: One or more is correct. C If a vendor invoice is created in MM payment terms from the purchasing segment are not defaulted. A B C D A single G/L account can be used for all currencies and currency types.

If this is the case. C Special G/L transactions. D The different bank connection in the item. A bank account for the payment can be found. B The same currency. C The same paying and sending company code.A If the cross-company code transaction number is not entered manually the system generates the number. the system checks if: One or more is correct. 79 You tell the payment program which accounts and items to consider in the automatic payment run. 81 The payment method can be entered directly into an item. . B Financial reporting. D Additional assignments. A B C 82 This payment method is permitted by the parameters entered. A The different payee/payer. D The cross-company code transaction number is stored in the document header of all documents created by the system. B The documents of a cross-company code transaction are not linked by a common crosscompany code transaction number. This payment method can be used(payment method check). What is it ? A B C D Proposal run Parameters Edit proposal Schedule payments 80 Items which have to be paid are bundled together to create payments as long as they have: One or more is correct. A G/L fast entry. 78 What are transactions in accounts receivable and accounts payable that are displayed separately in the general ledger and sub-ledger ? This may be necessary for reporting or internal reasons. C Cross-company code transaction may be reversed.

Choice the true alternative: A Every company code needs its own payment forms. 84 What is the difference between a partial payment and a residual payment ? A The partial payment clears the invoice and incoming payment and creates a new line item for the incoming payment. C When editing the payment proposal. The program groups items together from an account which have the same: One or more is correct. B The partial payment leaves the invoice as an open line item and posts a new line item for the residual payment amount. within the due date. 83 The user can clear open items of A/R. Currency. . B Grant only cash discount for the portion paid. C Limit the possible dunning levels. A B C D Reconciliation account number. A When posting a residual item. The residual payment clears the invoice and incoming payment and post a new line item for the residual payment amount. 85 Payment differences that fall outside defined limits : One or more is correct. Document number. The remaining discount can only be granted once the outstanding receivable has been paid off in full. The residual payment clears the invoice and incoming payment and creates a new line item for the incoming payment. You can transfer the payment term from the original invoice or default a separate payment item. The residual payment leaves the invoice as an open line item and posts a new line item for the residual payment amount. Special G/L indicator. C The partial payment leaves the invoice as an open line item and creates a new line item for the incoming payment. D To reallocate certain items the automatic payment method and bank selection can be \ repeated at any time. A/P and G/L accounts with the automatic clearing program. B The sequence in which the payment methods are entered in the master data reflects their priority. you require a payment term. items can be reallocated to existing or new payments.

86 Choice the False alternative: A It is possible to dun vendors as well as customers. Document is posting. B The dunning run update dunning data in dunned items and accounts. Reconciliation account. 90 The local currency it is defined at the time the: One or more is correct. C You can not change variants during entry. B You can define the variants as you want in customizing. A The account assignment variants determines which fields are displayed during entry. changes to the dunning data in items or master data records will not be valid for the current dunning run. D After the dunning proposal is created. you can enter as many values as required. Document header. D For some fields(document number. A B C Company code is created. . 87 Which accounts shall be considered in the dunning run ? A B C D Dunning Accounts Account Selection. Dunning line items. 88 What is the highest organizational unit which usually perform dunning ? A B C D Client Business Area Company Code Chart of account 89 Define the concept “account assignment variant” in check deposit? One or more is correct. invoice amount). C One dunning form can be use for all dunning levels and dunning area.

D A material can be assigned to several divisions. A B C D They use the same chart of account.] C Material master records consist of a lot of views on different organizational. 93 [FI-AM] The country-specific chart of depreciation. B Material valuation always takes place on the level of the plant. Client. The different company code. delivered by SAP. A Asset class. 94 [FI-AM] Different company codes can be linked to one chart of depreciation. 91 Logistics integration. 96 [FI-AM] The status of each field in asset master record can be maintained at what levels ? One or more is correct. contains a catalog of depreciation areas that cannot be changed. define procurement process :One or more is correct. [** See note at next page. Post to different G/L accounts. . 92 [FI-AM] The chart of depreciation is defined at what level ? A B C D Company code.D Chart of account is created. Post to same G/L accounts. Plant. A B True False 95 [FI-AM] Several asset class can use the same account determination if: One or more is correct. A B True. Asset class. False. A A plant must be assigned to exactly one company code.

B C D Asset main number. 99 [FI-SL] We do know that are differences between Cost-of-sales-accounting and period accounting. Asset under construction. for a given organizational unit. B An asset must use more than one reconciliation account. Asset sub-number. C Period accounting is divided into Costing based and into Account based. Account number in depreciation area. C Allows you to define your own account document. 98 [FI-AM] Where do you define the reconciliation account that will be used by an asset? A B C D Account determination in asset class. 100 [FI-SL] What is it validation ? One or more is correct A Allows you to define your own conditions for substituting specific fields. D Companies must choose to use one of these methods (Cost of sales or Period accounting) for generating their legal financial statements. B Allows you to define your own individual checks for specific fields when a business transaction is being processed. Account determination in depreciation area. C An asset uses balance reconciliation account. Account number in fixed asset. What is the correct answer ? A Period accounting has the emphasis into matching the revenues for goods/or services provided against the related expanses for those items. D An asset uses profit/loss reconciliation. B Cost of sales accounting has the emphasis on summarizing the activity and situational change over a period of time. 97 [FI-AM] Mark the correct statements : One or more is correct. A An asset use only one reconciliation account. 101 . D Allows you to define your own account number.

The user does not usually come into direct contact with the coding block. 102 [FI-SL] Report Painter allows you to use characteristics in the : One or more is correct. also called the coding block is a standard component delivered with the SAP System. B A business transaction can enter the FI-SL System via another SAP application. A Most data that enters the FI-SL System come from transactions occurring in many different places. C All data that enters the FI-SL System is processed by the integration manager.[FI-SL] Transferring Data to Special Purpose Ledger is : On or more is correct. D The account assignment block. A B C D Line items Rows Base line date Columns 103 [FI-GL] In accounting data which are the records that remain in the system for an extended period of time ? A B C D Transaction data Master data Document number Invoices data 104 [FI-GL] Data relevant to mm functionality is stored in which segment of the vendor master record ? A B C D Client Company code Purchasing Account group 105 [FI-TR] The house banks are identified by : A B C D Bank name Bank-ID Account number Address .

108 [FI-TR] Bank statements you enter can be displayed. Can only be allocated to one company code. 111 . internal orders or processes. A B C D Baseline date for due date calculation. or deleted before posting. changed. A B True. Can be defined as the group chart of accounts. Only contains definitions for G/L accounts.106 [FI-GL] The payment terms are used to define : One or more is correct. D You can not use statistical key figures as a tracing factor. profit centers. B Measurable value applicable to cost centers. A Immeasurable value applicable to cost centers. C You can post both plan and actual values. Cash discount periods The house bank Cash discount percentage rates 107 [FI-GL] What are the ways to clear open items within an account in R/3 ? One or more is correct. profit centers. A B C D Down payment transaction Account clearing Posting with clearing Reversing documents. False 109 [General Knowledge] Which statements are true ? A chart of accounts : One or more is correct A B C D Can be allocated to multiple company codes. 110 [CO-OM-CCA] About the statistical key figures it is correct to say that : One or more is correct. internal orders or processes.

[** Note] D Cost centers can be assigned to the highest level node of the standard hierarchy 115 [CO-OM-CCA] About the activity types. B It allows you to calculate internal measurements of profitability. activities or services provided. C It allows to differentiate overhead rates or amounts by profit center. the “dependency” has the following functions. A It allows you to calculate external measurements of profitability. we can say that : . we can say that: One or more is correct. cost centers are grouped together in decision. 114 [CO-OM-CCA] About the cost center. A Cost centers can be set up based on functional requirements. B It allows to differentiate overhead rates or amounts by company code. we can say that : One or more is correct. C The standard hierarchy must be created and assigned to the company code. What is this one ? A It allows to differentiate overhead rates or amounts by plant. D It allows to differentiate overhead rates or amounts by material origin. 113 [CO-OM-OPA] About the overhead costing sheet.[CO-OM-CEL] Expenses in financial accounting that are relevant to cost accounting are recorded in Controlling using : A B C D Primary cost elements Primary expenses elements Secondary cost elements Secondary expenses elements 112 [CO-OM-PCA] About the profit center accounting. C The external view of profitability reflects the success of a given profit center at meeting the profitability goal for which it was given responsibilities. allocation criteria. D The internal view of profitability reflects the success of a given profit center at meeting the profitability goal for which it was given responsibilities. except by one. control. B For the purposes of overhead cost controlling. and responsibilities units.

Real postings are for informational purposes only. 116 [CO-OM-CCA] Postings of costs an revenues to CO can result in real and statistical postings. D The internal activity allocation is carried out via primary cost elements. Which of the following answers is(are) correct ? A B C D Real postings cannot be managed. the R/3 system sends this data automatically to the FI component. [**See note] 118 [CO-OM-CCA] Data from internal and external accounting should be reconcilable.A It classifies the specific activities provided by a cost center along cost allocation lines. functional areas or business areas. real posting is required in CO. it is correct to say that: One or more is correct. you can create a manual entry. Statistical postings can be allocated or settled to other controlling objects. Which is (are) correct? A External postings to FI with a cost accounting effect are transferred automatically to the appropriate Co application component. D For activities that can be measured and posted on a sender object. One. 117 [CO-OM-CCA] About the actual activity type that can be entered on the sender. the information do not need to pass back to FI. B You generate the posting to the receivers by executing the indirect activity allocation. B It does not serve as tracing factor for this cost allocation. indirect allocation activity type. B The CO totals in the reconciliation ledger are not updated for the external postings. C The system calculates the associated cost based on the activity price and generates a credit to the receiver and a debit to the sender for both the quantity and the costs. . and only one. which are stored in the master data of the activity type master record. C If amounts are allocated within CO across company codes. A It is possible to determine the total activity provided by the receiving cost center. C You use an indirect activity allocation to distribute these posted activity quantities from the receivers to the senders as defined in their segments.

These settings include : One or more is correct. 120 [CO-OM-CCA] For each fiscal year. Which settlement receivers are available for internal orders ? A B C D E Cost center Orders General ledger accounts Asset Vendor 123 [CO-OM-OPA] Which of the following statements regarding order numbers are correct ? . A B C Locking the version against any plan activity. C Allocation of amounts within CO across company codes. Saving exchange rate types for currency translation Activating plan integration with orders and projects 121 [CO-OM-OPA] When creating an Overhead Cost Order. you can make basic settings in the version affecting all of planning. D Activating plan integration with Orders and projects.D It is not possible to use the reconciliation ledger to generate a posting that brings FI into agreement with the CO postings. B Allocation of primary and secondary costs from a sender to receiver controlling objects. 119 [CO-OM-CCA] Assessment is designed for what? A It classifies the specific activities provided y a cost center along cost allocation lines. the rist order information which must be entered is: A B C D E Order status Order type Settlement type Currency Classification code 122 [CO-OM-OPA] When creating an overhead cost order. the settlement rule must be entered in the control data.

only internally assigned numbers are allowed. C When material are withdraw from stock on cost centers. 124 [CO-OM-CCA] Certain postings to a cost center can be blocked using a cost center indicator. B Revenues can be assigned directly to profit centers through Financial Accounting. D With outgoing invoices. certain basic data must be entered. the profit center of the customer is posted. A separate number interval is required for each order type. A B C D E Cost center category Assignment to company code Validity period Assignment to cost element Selection of activity unit 126 [CO-OM-CCA] Accounting can be divided into internal and external accounting. the profit center for the consumption posting is derived from the material master record. Which of the following are needed when creating a cost center. For internal orders.A B C D The order master record is uniquely identified by the order number within a client. Which of the following blocking indicators can be selected ? A B C D E Primary costs actual/plan Material withdrawals Secondary costs actual/plan Revenues actual / plan Commitments 125 [CO-OM-CCA] When a cost center is created. Which of the following areas are part of internal accounting ? A Overhead Cost Controlling B Financial Accounting C Asset Management D Product Cost Controlling 127 [CO-OM-PCA] Assignment to profit centers – which statements are correct ? A Direct assignment of costs to a profit center is not possible because the profit center is posted as a “shadow object”. 128 . The order is assigned to a particular number range group through the order type.

even allowed for customer defined segments ? . A reference vendor. The number range interval of the document type. 129 [FI-GL-MASTER DATA] Which the following statements about creating customer master records are correct ? A An account group always gets assigned to a customer. A B C D E Each Cost center must be part of the standard hierarchy. C The account number may be assigned by the user externally. You can define multiple hierarchies. The posting period is determined by the posting date. The cost center hierarchy can contain cost centers and activity types. Multiple cost center areas can be grouped together in parent nodes. suppressed or optional. Note! More than one answer is correct. The posting date must be the same as the entry date. 130 [CO-OM-CCA] Which the following statements are true ? Note! More than one answer is correct. suppressed or optional. A B C D E The account group. posting. The field status definition. The document type. A node represents a summarization of multiple costs centers.[FI-GL-POSTINGS] Choose the correct statements regarding the document. B The company code is always a required entry. A B C D E The posting period is determined by the document date. The document date must be the same as the invoice date. depending upon the account group. 132 [FI-GL-Organizational Structure] Which structure provides an environment for analyzing market profitability. 131 [FI-GL-MASTER DATA] Which the following SAP items can be inputted during the creation of a vendor master record ? Note! More than one answer is correct. E Information on each screen may be defined in configuration mandatory. D Information on each screen may be defined in configuration as mandatory. The entry date is the same as the operating systems’ date. and entry dates of accounting documents. depending upon the company code.

D Identifies an independent organizational structure within a company. Country chart of accounts. A The GL accounts group is a classifying for general ledger master records. B The organization entity for which balance sheets as well as profit & loss statement can be executed across company codes covering a company’s main areas of operation.A Controlling area. 137 [FI-GL-MASTER DATA] How many levels the GL account Record has and what are they? . Operating chart of accounts. C The account group determines the fields for data entry screens if you create or change a master record in a company code. which includes all functions for internal cost and revenue accounting. Alternative chart of accounts. 136 [FI-GL-MASTER DATA] Field Status group control: A B C D The number range. B Business area. 135 [FI-GL-MASTER DATA] Define GL Account Group. The account type. C The smallest organization unit for which a complete self-contained set of books can be executed. C Operating concern. D The account group also determines in which number interval the GL account number must reside. 133 [ FI-GL-Organizational Structure] A Business Area is: A The legal unit of consolidation to which company codes are assigned. D Company code. B The account group only determines in which number interval the GL account number must reside. The fields for data entry screens. The GL account group. Note! More than one answer is correct. 134 [ FI-GL-Organizational Structure] Which chart of accounts is always required ? A B C D Group chart of accounts.

140 Master data includes which of the following. Backorder information. 1 level – GL master record. Is defined on the client portion of the company code. A B C D Ensures real-time integration of subledger account with the general ledger. A B C D Employee Information. Production data. 138 [FI-GL-MASTER DATA] The reconciliation Account : Note! More than one answer is correct. 2 levels – company code and client level.A B C D 3 levels – client. Itself is not designed for direct posting. Sales Information. A B C D Master data. Transaction data. Product information. vendor and asset account types. 141 Which module of R/3 includes na organization’s bank data ? A B C D Controlling. . 139 What type of data refers to documenting action-oriented business events. 2 levels – company code and chart of account level. 142 Which of the following is a benefit of the open system architecture feature of the SAP R/3 ? A The plattaform can be translated across different hardware design. Treasury. Can be defined for customer. Accounting data. Financial accounting Investment management. chart of account and specific level.

D the applications in the system are expandable. receiving and stock status Configuration. singly or in any combination. 143 The SAP R/3 system automates business processes using which of the following types of information? A B C D Accounting and production data Accounting. master and transaction data. C The system modules can be installed all in once. production and sales data Production. D A client represents the highest level group of data within the R/3 system. 144 Mark the correct statements: A The modularity of the SAP R/3 gives an organization added flexibility and improves the efficiency of its supply chain management B The SAP R/3 system does not usually provide real-time processing and instead utilizes batch processing for handling most business processing related transactions.B The system can be configured and customized according to an organization’s Specifications. C You can prevent some of the problems in your system by installing the patch software available in the OSS. E The SAP R/3 system was initially envisioned to be a mainframe product F The SAP R/3 system supports client-server architecture. . H The human resource module is not responsible for training the employees G SAP AG heavily relies on their partnership with consulting organizations for implementation support. I The workflows in your organization can be configured using the reference model J The project team defines the clients that are used by end-users as part of their SAP R/3 system implementation process.

the presentation layer and the application layer resides on the client. B The SAP R/3 Basis software is only responsible for providing the operating system services to the SAP R/3 applications. C The background program cannot read from the database.145 Which layer of the R/3 contains the SAPGUI software component for the graphical user interface ? A B C D The application layer The network layer The presentation layer The database layer 146 The validation of data entered by an SAP R/3 users is done : A B C D In the presentation layer In the application layer In the database layer By the SAPGUI layer 147 The presentation software sends the data entered by the user to the ? A B C D Presentation layer Application layer Database layer SAPGUI program 148 Mark the correct statements A In a distributed presentation. E There can be only one application layer in a tree-tier SAP R/3 configuration F The dialog program can directly update the database. 149 The SAP Basis software is A A firmware . D The SAP R/3 software provides the system administration tools for the entire system.

C You can use function keys to execute common tasks that are also accessible through the standard toolbar. The input field is the dialog window that lets you interact with the You must enter both old and new password in the new password . A field can be activated using the TAB key. A B C D SAP R/3 system. D The menu options are identical regardless of the transaction being performed. A dialog box B If you turn off the power supply of your workstation. 153 Mark the correct statements. A field can be activated by clicking the field with the mouse. you will automatically be logged off from the system. A field can be activated using the SHIFT key.B C D A groupware A hardware A middleware 150 Which layer of the SAP R/3 basis software processes requests for data storage and retrieval to the underlying database management system? A B C D The presentation layer The network layer The database layer The application layer 151 Which of the following is not a require parameter to log on the system ? A B C D Client User-Id Language code Password 152 Mark the correct statements.

D You can access the R/3 library from any screen in the system. . 156 Mark the correct statements A data that repeats the B data entry for fields You can use the set data and hold data functions to avoid entering same value. C You cannot change the field value in a transaction screen if the value was set through the user parameter screen. F The online glossary allows you to find specific words of terms to be explained by using the SEARCH button.E R/3 system. The screen is the dialog window that lets you interact with the SAP 154 How you determine whether there is a sub-menu available for a particular menu option ? A B C D A button titled SUB-MENU appears in the menu bar An arrow appears to the right of a menu item A blinking menu item appears A bolded menu item appears 155 Mark the correct statements A The Dynamic Menu is a tool to find transaction codes B A transaction code is present on the right hand side of the menu option in the Dynamic Menu. 157 Which of the following options allows you to access Help for field entries. You can use the set data and hold data functions to avoid repeated requiring identical data. C Not every transaction has a transaction code associated to it D You can enter the transaction code in the main menu window command field to start the transaction E User defaults do not go into effect until the next time you log on to the SAP R/3 system.

or if you need further explanations. 159 If you receive a message on the status bar and you do not understand the message. C Clicking the red “X” button after you typed “FIND” in the field select in the Help > Glossary menu path. 158 You can change your password A B C password. you should: A B C D Access the Getting Started function Access the Master Data function Access the Online Help Access the R/3 Library Before entering your log in parameters After entering your log in parameters By pressing CTRL P on your keyboard prior to entering your 160 Which of the following represents the area of responsibility for sending payment requests for past due open items ? A B C D The credit control area The business area The dunning area The company code 161 Which of the following is required for internal management reporting only ? A B C D The credit control area The business area The dunning area The company code 162 Which of the following represents an independent legal business entity required to issue financial statements ? . B Placing the cursor in the field you want information about and clicking the “?” button.A Double clicking on the green check button.

You can compare the financial performance of the company codes within a client and not across the clients. D ABC. Inc. You can assign a single Purchasing Group 02 to material for both plants. ABC1 requires it in 200 Kg drums and ABC2 requires it 100 drums. Several company codes can be defined within each client in the same SAP installation. E More than one Plants can be assigned to one company code. In the SAP R/3 system a Sales area can be assigned to multiple company The Client is an optional unit in the Purchasing Organization A A controlling area can be assigned to only one company code. D A Plant can be assigned to more than one company code. 165 Mark the correct statements: A codes. ABC USA and ABC Europe must be configured as two clients when implementing the SAP R/3 system at XTZ Co. Europe are two subsidiary companies of XYZ Co. 164 Mark the correct statements: A structure. USA and ABC Inc.A B C D The credit control area The business area The dunning area The company code 163 Mark the correct statements: B R/3 systems codes across the clients as all data is maintained in the same system. You can compare the financial performance of the company . C Several company codes can be defined within each client in the same SAP R/3 systems installation. B A central Purchasing Organization can serve plants in different companies C Plants ABC1 and ABC2 require an specific raw material for their manufacturing process.

169 In dunning program for clearing between customer and vendor. A B C D The client The controlling area The company code The plant 168 Which of the following statements is incorrect A Storage locations are not assigned to plants B Storage locations may be defined as individual storage bins C Storage locations can be warehouses in which finished goods are stored D Storage locations can be areas in which raw materials are stored along a production line. C A company code cannot be linked to more than one personnel area.B In the SAP R/3 system a Sales area is made up of a combination of Sales Organization. Distribution Channel and Division. D Procurement of Material and Services. Reaching and agreement on terms and conditions with customers Reaching and agreement on terms and conditions of purchase with A and C 167 Which of the following is not part of the production organization. A sales Organization can be assigned to only one company code. D Since the SAP R/3 system is delivered with pre-defined employee groups. you cannot create new Employee Groups in the system. Different dunning procedure must be defined for both If no procedure is defined both will use default procedure 170 . 166 The functions of the Purchasing Organization include: A B C vendors. the following is true…. therefore. Same dunning procedure must be defined for both customer and vendor. a Sales area belongs to one company code only.(single) 1.

How SAP can ensure continuous improvement of customers business solution 5. How to facilitate customer’s IT dept. How can SAP ensure the best in class support .Solution Manager is the answer for followings . How to ensure successful implementation (functional and technical) as well as operation of core business process 2. How to secure the technical installation and operation 3. and other business units 4. select the right ones 1.

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