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Discussion > Students > Others > SAP FICO DETAILS Pages : 1
There are 2 Replies to this message Posted On 06 July 2010 at 15:23
SAP FICO stands for SAP Finance and Control
BALU A HELPING HAND... ACCOUNTS MANAGER [ Scorecard : 24044]
SAP FI/CO Certification Sample Questions
Question: Which of the following statements are correct? A More than one chart of accounts can be created for each client B The chart of accounts contains all the G/L accounts, vendor accounts and customer accounts C More than one company code can be allocated to the same chart of accounts D The chart of accounts controls all the customising settings in the R/3 system E All accounts within a chart of accounts must have the same tax code Question: What status reports does Cash Management and forecasting include? A. Cash management position B. Liquidity forecast Related Files C. Credit limit report D. G/L account balances mis financia.xls E. Bill holdings (3299 downloads) Question: concentratio.xls Which of the following are clearing procedures in accounts receivable? (1462 downloads) A. Incoming payment madness.pps B. Down payment request (922 downloads) C. Credit memo easy way to .doc D. Transfer posting (897 downloads) Question: difference b.pdf When creating an Overhead Cost Order, the first order information which must be (895 downloads) entered is: easy way to .pdf A. Order status (708 downloads) B. Order type top200secret.pdf C. Settlement type (644 downloads) D. Curreny ms excel for.pdf E. Classification code (582 downloads) Question: salary11.doc When creating an Overhead Cost Order, the settlement rule must be entered in the (545 downloads) control data. who moved Which settlement receivers are available for internal orders? my.pdf A. Cost center (536 downloads) B. Orders More >> C. General ledger accounts D. Asset E. Vendor Question: In Controlling, a distinction is made between master data, planning, actual data and the information system. Which of the following master data belongs to Controlling? A. G/L account B. Work center C. Cost center D. Activity type E. Supplier Question: Withing Overhead Cost Controlling activities are calculated. A Sender/Receiver relationship exists. However, not all Sender/Receiver combinations are allowed. Which of the following combinations make business sense? A. Sender. Cost Center, Order, Project Receiver. Cost Center, Order, Project B. Sender. Order Receiver. Cost Center, Project
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C. http://www.caclubindia.T. Therefore APC incudes any external acquisition or internal construction of exp. AA. Transaction Codes. It includes invoice price and other related exp. In OADB under 01 deprn area Acquisition & prod Cost tick is activated.. What’s your role in the project with respect to the activities you partook in the project. Who were the implementers. What’s the implementation team size. Sub-Asset. Order. 210 – Retirement with Revenue. if anybody have taken interview with any company. Main Asset.: Brief about the project you did: w. ACCOUNTS MANAGER capitalisation of the asset. octroi.).Chartered Accountants India. Personnel costs have been incurred.. *-. any Business Areas or Profit Centers defined. How the questions will be on configuration. Group Asset. An order was closed. implementation side and other questions plz. A/R.. Pl. Acquisition means any asset which you may acquire/ purchase externally. Cost Center. What’s the period of the project. Stock Entries s) Assessment vs Distribution t) Org. Dalal This is umapathy.s (100. freight which you add and arrive at total cost of acquisition for HAND.asp?offset=1 C Sender. say addition to the office building. B.For ex Say a computer. Materials have been withdrawn. Imp. This is normally created by means of AUC and you go on adding cost to the AUC as and when you incurr exp. How many were in your module team. Overhead has been incurred. the main activity of the client.Marazban D. Which of the following are MINIMUM criteria before it makes sense to carry out period closing? A..External acquisition. The Enterprise Structure with regard to the no. share with me.. Dep. E. which needs to be capitalised. When did they Go-Live?. Posted On 06 July 2010 at 15:25 FI/CO Interview Questions What is APC? APC stands for Acquisition and Production costs. Cost Center Receiver. Cost Object Question: Period closing activities are also performed in Controlling. Cost Centers defined. How many plants they had. Structure for CO v) Product Costing: How the values flow in the system Configuration: a) Extended With Holding Taxes configuration steps – right from creation of WH Tax Types.com/forum/sap-fico-details-91222. Any issues you’d solved during ‘Support’ phase? Questions on conceptual understanding: a) SAP R/3 definition and 3-Tier Architecture b) ‘Real time integration’ advantage of SAP c) ASAP methodology d) Solution Manager e) Client / Company / Company Code / Business Area f) Business Area vs Profit Center Approach g) How effective will be the Financial Statements generated through Business Areas h) With Holding Taxes vs Extended WHT i) Field Status Concepts (G/L master fields controlled through Account Group and Document entry through Field Status Group set in the G/L master) j) Special G/L transactions k) Open item management l) Reconciliation Accounts m) Subsidiary Ledgers n) Sort key o) Negative Postings Allowed p) Special periods q) Only balances in local currency r) Important Posting keys for G/L. A/P.r.Students Forum . The posting period has been closed. how will be the interview. Codes to Annual Return b) FI-MM Integration (OBYC configuration with particular reference to Off-Setting entries) c) FI-SD integration d) Down Payments transactions e) Interest – Balances / Arrears f) Asset Accounting: Asset Class. of Company Codes. Structure for FI u) Org. Transaction No. D. Associated with it BALU A HELPING like customs. I have intereview tomorrow.t. What modules were implemented. Areas. Dep. prepare yourself on the following broad lines: Implementation exp. kindly let me know what the questions they will be asking. for the same. The total cost which you incurr for the [ Scorecard : 24044] acquisition of the computer including installation will be your APC Production cost means any asset which is created internally within the organisation. Project. This is dependent on certain prerequisites. General questions: a) Educational Background b) What influenced you to go in for SAP career? c) Functional Career d) Present earnings vs Expected pay e) Inclination to relocate 2 of 6 26-09-2010 01:09 . Key.For ex. etc.SAP FICO DETAILS .
as extended and collaborative. c) [ ] The internet has driven to a collaborative environment where value is created through collaboration within business comunities. Note: we can have more than one correct sentence. b) [ ] ERP is mySAP Financials and mySAP HR. sales order. Consider the following sentences: 7. core within enterprises and collaborative. order entry) to integrate core. e) [ ] A business object in the Business Object Repository (BOR) can have many methods from which one or several are implemented as BAPIs. internal processes.. e) [ ] the highest level in the R/3 system hierarchy. c) [ ] A BAPI is assigned to one and only one business object. About BAPI (Business Application Programming Interface). ERP can be considered as an integrated system and e-business. for example. d) [ ] In the first the companies were looking at Cost reduction and efficiency through integration of business comunities. what is true (Note: we can have more than one correct sentence. c) [ ] The applications are integrated via a central database. e) [ ] The ALE concept supports the implementation and operation of distributed SAP applications. 3. 2. d) [ ] In the R/3 Enterprise version (4. 7. ERP can be considered as enterprise centric and e-business. b) [ ] The next generation of Â“new dimensionÂ” products appeared taking functionality out of the company. beyond company boundaries.com.7) we can use BAPI to create an internal order inside a customized ABAP program.Chartered Accountants India. c) [ ] an organizational unit that provides an additional evaluation level for the purpose of segment reporting. payroll. invoice and so on.Students Forum . b) [ ] It is the instancied class of the Class Builder.T. ERP can have them integrated.asp?offset=1 Posted On 06 July 2010 at 15:30 SAP FI/CO Sample Questions and Answers 1 BALU A HELPING HAND. About the definition of ERP and e-business functionalities. d) [ ] The applications are integrated via the message exchange. The variant principle is a three-step method used in R/3 to assign 3 of 6 26-09-2010 01:09 . Please select the sentences you think they are correct)? a) [ ] It is a well-defined interface providing access to processes and data of business application systems. 5. such as an employee. b) [ ] The ALE concept is related to an enterprise structure with areas that have central tasks and areas with tasks that are decentralized. as an integrated system and an open integration platform. e) [ ] It is a sequence of dialog steps that are consistent in a business context and that belong together logically. purchase requisition. Please select the sentences you think they are correct)? a) [ ] Business processes cannot be distributed using ALE. c) [ ] It is composed of tables that are related in a business context. http://www. b) [ ] BAPIs offer a stable. 6. e) [ ] About Architecture. 4. A company code is: a) [ ] an independent accounting entity (the smallest organization element for which a complete self-contained set of accounts can be drawn up). standardized interface for integrating third-party applications and components in the Business Framework.. What is a SAP Business Object (Please choose the correct sentence)? a) [ ] It is all the transaction data generated via transactions.com/forum/sap-fico-details-91222.SAP FICO DETAILS . ACCOUNTS MANAGER [ Scorecard : 24044] 1. What can we say about ALE (Application Link Enabling. About evolution in the world of business. d) [ ] It is the representation of a central business object in the real world..1. c) [ ] ERP is SAP R/3. including the related appplication programs and it is maintained in the Class Repository. we can say that (Note: we can have more than one correct sentence. b) [ ] an organizational unit in an enterprise that represents a closed system used for cost accounting purposes. according to Fiscal Year.. Please select the sentences you think they are correct): a) [ ] ERP offers enterprise centric functionality (general ledger. while e-business is mySAP. d) [ ] a dependent accounting entity.caclubindia. to bring value through extending the Internet Revolution. d) [ ] About Business Model. f) [ ] About Processes. we can affirmate that (Please choose the correct sentence): a) [ ] The internet revolution could turn available to companies the use of ERP functionality.
3 and 220.127.116.11 and 11.1 and 7. 11.2.. http://www.18.104.22.168.1 and 8.2. 12. The currency value is expressed in units of the foreign currency per unit of local currency. Consider the following sentences: 11.3 and 11. What is the correct option? a) [ ] 12. a buying or a selling rate.caclubindia. b) [ ] It is a variant which you can define different number of periods. two very efficient combinations of the exchange rate tools are using a base currency for the average rate (M) and using the exchange rate spreads to calculate the buying and selling rates (B and G).2.4. according to the year. Exchange rate types distinguishes the exchange rates to be considered for various purposes.4.1. e) [ ] all of them.4. which are related to the process of the year-end closing.1. The Fiscal Year is defined as a variant. A base currency can be used for an average.2.3.1. For direct quotation. 8. 11. Posting Periods and so on. 4 of 6 26-09-2010 01:09 . The currency code identifies each currrency that will be used into R/3 system.1. Consider the following sentences about the direct quotation: 12. This principle is used for Fiscal Years.4. In total. b) [ ] 8. 12. the prefix to indicate the rate is Â“/Â”. b) [ ] 12. Consider the following statements about currencies concepts: 10. 11.2. e) [ ] It is a variant not normally used because of its particularity. c) [ ] It is a variant which each own fiscal year uses the same number of periods.Students Forum . 8. which are common among several business objects. you must define the variant.3 and 11. Consider the following sentences: 8. You have to define all the worldÂ’s currency into R/3 system 10. 12. such as valuation.2. b) [ ] 7.1. Special periods are used for postings. d) [ ] 8. conversion.2. translation. e) [ ] 8.3.Chartered Accountants India. b) [ ] 11.1 and 8. For using the variant principle. which is assigned to the chart of accounts. It is also known as price notation. Please select the sentences you think they are correct)? a) [ ] 10. c) [ ] 10. 7. c) [ ] 7. e) [ ] 7. 10.3. The relations between currencies have to be maintained per exchange rate type and currency pair in the translation factors.4.SAP FICO DETAILS ..4. c) [ ] 8.1.2. A base currency can be assigned to an exchange rate type.3.asp?offset=1 special properties to one or more R/3 objects. planning.3 and 8. Which of them are true? a) [ ] 8. What is an independent fiscal year variant (Please choose the correct sentence)? a) [ ] It is a variant which the postings periods are only equal to the months of the year. To deal with exchange rate spreads.3.3. 8.1 and 7.2 and 8. 8. and the postings periods always start and end at the same day of the year.2. 11. 11.2. 11.4.2 and 11. A fiscal year has to be defined by means of separating business transactions into different periods. d) [ ] none of them. 7. One of the disadvantages to use variants is that it can't deal with the maintenance of properties. 11. Which of them is false? a) [ ] 7. populate it with values and assign it to the R/3 objects. d) [ ] 7.2 and 8.T.1.3. e) [ ] 11. c) [ ] 11.1.3. The Fiscal Year variant only defines the amount of periods and their start and finish dates.com/forum/sap-fico-details-91222. b) [ ] 10. Which of these combinations is true? a) [ ] 11. 10. 16 special periods can be used. d) [ ] It is a variant which allows the use of different number of posting periods. 11. 11.2. Which of them is true (Note: we can have more than one correct sentence. 11. 7.1. d) [ ] 11. 9.1.4. etc.
1. b) [ ] 16.2. must be changed/display for 18. a) [ ] True b) [ ] False 22.214.171.124.1. 5 of 6 26-09-2010 01:09 . 16. must be changed/display for 18. a) [ ] True b) [ ] False 18. c) [ ] 12. should not be changed/supressed for 18. Key words facilitate the search for account numbers.1. Number intervals for G/L account master records can overlap. c) [ ] not used/optional for 18. Whenever you need to enter information for a company code for an account number.2.Chartered Accountants India.1. e) [ ] Blocking / unblocking chart of accounts. b) [ ] Maintenance language.5. a) [ ] True b) [ ] False 17. 14. 13. http://www. e) [ ] Asset. It is also known as volume notation. Fields which have an entry that ________________ can be set to _________ only (even in change mode).. 13. Texts can be displayed using the program Â“Account assignment manualÂ”(RFSKTH00).126.96.36.199. e) [ ] used/optional for 18. In the chart of accounts segment. Please select the sentences you think they are correct)? a) [ ] Chart of Accounts. Fields that can be entered.2. but are not required. b) [ ] G/L Accounts. The currency value is expressed in the local currency per unit of foreign currency.3. What can we define into the chart of accounts customizing transaction (OB13 transaction. What of these alternatives are considered master data (Note: we can have more than one correct sentence. there is no prefix to difference between direct quotation. e) [ ] none of them.T.2. Consider the following sentences about field status: 18.3. 13. Note: we can have more than one correct sentence. should not be changed /display for 18.SAP FICO DETAILS . Which of these combinations are false (Note: we can have more than one correct sentence. c) [ ] 16. Please select the sentences you think they are correct)? a) [ ] 16. d) [ ] Length of the G/L account number. True or false? 17. you have to type again the information related to chart of accounts segment. Consider the following sentences about field status: 19. it is necessary to indicate whether the account will be a balance sheet or a profit+loss statement account.1.com/forum/sap-fico-details-91222.asp?offset=1 c) [ ] 12. 19. e) [ ] 12.2. the balance is carried forward to the same account. b) [ ] none of them. What is the correct option? a) [ ] all of them. 15. c) [ ] Length of the company code. Fields which are _____________ can be ____________. 16. For indirect quotation. must be changed/display for 18. Fields which _____________ can be made ____________. a) [ ] True b) [ ] False 17.3.4. 16.1.2. d) [ ] 12.1.2.Students Forum . d) [ ] Customer.2. Every company code that needs to use an account from the assigned chart of accounts has to create its own company code segment. For P+L statement accounts. b) [ ] not used/supressed for 18. d) [ ] not used/supressed for 18.1. a) [ ] True b) [ ] False 17. 19. Consider the following sentences about the chart of accounts segment: 16.caclubindia. It contains the Company Code. d) [ ] none of them. 16. Account number and the field status group. 17. 18.. Which of the options below matches the blank spaces of those sentences? a) [ ] used/supressed for 18. can be set to _________ entry.2. e) [ ] all of them. d) [ ] 16. Consider the following sentences about the indirect quotation: 188.8.131.52.3. Please select the sentences you think they are correct)? a) [ ] Descripttion.3. It is not possible to influence the appearance of an account’s master data. c) [ ] Vendor.
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