FI Exam Question

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. 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

6 . Which of the following statements about year-end closing are correct?(Multi) A. You carry out year-end closing before the fiscal year change. B. During year-end closing, the program checks if the year-end closing can be carried out. C. Once the year-end closing was successfully completed, the system automatically changes certain entries in Customizing (closed fiscal year) D. You cannot create and post to new fixed assets until The year-end closing is successfully completed E. You can only conduct year-end closing on June 30 or December 31 of each year.

7. What steps have to be completed before you can generate asset classes form G/L accounts? (Multi) A. Account selection B. Account determinations C. Number range intervals D. Screen layout variants E. Asset classes

8. For each depreciation area you need to specify whether you want to (Multi) A. post depreciation at periodic intervals to the general ledger B. post asset values at periodic intervals C. automatically post values online D. use index classes E. post to business areas

9. Please click on the button next to the correct answer.(Multi) A. The business area can run across many company codes, i.e. all company codes can post in all business areas. B. A company code may belong to more than One Controlling Area. C. Each company codes uses exactly one chart of accounts and one chart of depreciation. D. Business areas are used to create internal balance sheets and income statements.

10. The time of the first acquisition posting to the asset sets the following fields in the master of asset(Multi) A. the depreciation start date per depreciation area B. the cost enter to be hit through depreciation C. the date of capitalization D. the depreciation key

11. Usually one Chart of Depreciation is defined for each country. At which level is the chart of Depreciation created?(Single) A. at Company Code level B. at Client level. C. at Chart of accounts level. D. at Business area level. E. at System level.

12. What are the functions asset class?(Multi) A. Asset number assignment. B. Cost Center determination. C. Screen layout D. Account allocation E. Definition of default value

13. Integration with MM: An asset purchase order is created in Purchasing. The goods receipt is posted on a value basis. Invoice verification then posts the invoice. What is the name of the auxiliary account used for all of these transactions?(Single) A. MM/FI clearing account. B. GR/IR clearing account. C. Asset purchasing clearing account. D. Asset acquisition clearing account. E. Vendor asset acquisition clearing account

14. What additional functions do asset classes offer?(Multi) A. Specify required entry fields for B. Enter default values for C. Enter default values entries D. Enter allowed entries E. Define allowed company codes

asset master asset master for depreciation for user

data data area fields

15. Which of the following statements about manual depreciation (for example unplanned depreciation in FI-AA) area true?(Multi) A. You cannot post manual depreciation in FI-AA. B. Manual depreciation is posted immediately after entry(real time). C. Manual depreciation is initially shown as a planned value after entry and only posted when the depreciation posting report is run. D. Manual depreciation usually only applies to depreciation areas which you choose when you enter the document. E. After entering manual depreciation in FI-AA., you also need to enter it manually in FI/CO.

16 .Which correspondence extracts all items in the chosen period from a customers account displays the balance carried forward balance and a closing balance of the Account ?(Single) A. Payment advice

You can only determine one payment method per house bank C. Account statement D. You can precisely schedule the print program from within the application 19. Direct debiting or bank collection can be used in automatic payment procedures to clear customer invoices C. amounts less than US$ 1000 are to be paid by check. The payment program can pay vendor invoices using wire transfers and checks 18. posting date and cash discount periods E. You specify the payment method from within the application. You can specify by bank and method the anticipated number of days before the bank account is debited E. posting date and baseline date B. Special G/L transactions(down payment)can be posted using the payment program E. Specifications in the vendor master records . According to which criteria does the payment program determine and select open items (Single) A. per house bank. 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. the vendors are to be paid by bank transfer. Here you can specify that the information is to be output to a data carrier B. If the amount exceeds US$ 1000. Which of the following statements are true with regard to the customizing setting for banks in the automatic payment run ? (Multi) A. Payment notice C. The payment proposal of the automatic payment program can only be displayed E. whether payments are to be made by check only or also by transfer C. You can determine the banks to be used for payments according to postal code 21. Fiscal year variant B. In automatic payment procedures. The sequence of the banks for processing outgoing payments is selected randomly B. The customer has two house banks and wants all checks to be processed by bank A and all (Multi) A You store variants for print programs within customizing. Open items posted to G/L accounts can be cleared using the payment program D. posting date and payment terms 20. You can select several payment methods per country D.in the master record D. document date and posting date C. Which of the following factors does the systems take into account in a payment run ?(Multi) A. all incoming invoices as of the second dunning level are paid automatically B. You specify. Payment method specifications in the IMG C. Dunning notice 17. baseline date and payment terms D. Which of the Following statements about automatic payment are correct ? (Multi) A.B.

E. Field values can be changed in recurring document. D. In manual bank statement customizing. If a reversal date is not specified. A House bank account can be defined in more than one currency D. Document date C. which of the following statements supports the reversal of a document?(Multi) A. Specifications made when maintaining the payment run parameters 22. Field status variant. A house bank can be assigned to a business area within the payment program configuration 23. The posting date is determined by either the run date or the run schedule. D. Entry date D. The original recurring document can be deleted from the batch input menu. The payments program can use a different House bank for each different payment method C. you do not need to specify the country. Choose the correct statements regarding recurring documents. A new document number is created for the reversal document. Define an internal activity B. When entering a document using a foreign currency. When creating a House bank. House bank master data must be created in advance. you must (Multi) A. Define an account symbol .D. Define a currency E. which date is used to determine the exchange rate if the translation date is not entered ?(Single) A. Fiscal year variant. C. the system reverses the document using the posting date of the document to be reversed. B. C. After running the recurring document posting. B. Posting period variant. B. Documents originating in other modules should be corrected there to allow the changes to flow naturally through to financial accounting. the next run date cannot be displayed. Information in the documents(incoming invoices) E. C. the valid time period must be defined. Define a posting rule C. D. Posting date B. The original document contains no cleared line items. Closing period variant. Define a posting type D. where are posting periods defined?(Multi) A. 25. 26. Which of the following statements are correct ?(Multi) A. Baseline date 24. 27. (Multi) A. B. before assigning the House bank to a payment method in the payment program configuration E. When creating a recurring document.

Information on each screen may be defined in configuration as mandatory. 31. or reactivated. Open items are managed for both the main bank account and the bank clearing account. The company code is always a required entry. D. 29. C. An account group always gets assigned to a customer. C. E. suppressed or optional. In case of one-time customer you have to enter the customer's address in the document itself. The account number may be assigned by the user externally. Which of the following statements about manual planning are correct?(Multi) A. D. E. C. B. A customer master is divided by client level and company code level. control data. The expiration date shows how long the payment advice is included in planning. E. Bank accounts should be controlled as follows when Cash Management is in use:(Multi) A. If a customer is also a vendor. If a customer is also a vendor. depending upon the account group. The most efficient way to create master records is to work with the external number range not internal number range. depending upon the company code. B. 30. 32. All customer belonging to the same account group must be assigned to the same reconciliation account. Both the main bank account and the bank clearing account permit line item displays. C. the system can include outstanding Accounts Receivable invoice items in payment program. The value date in the field status string for both the main bank account and the bank clearing account must accept entry. archived. The cash-relevance flag in the master records for both the main bank account and the bank clearing account must be set. D. Which of the following statements about creating customer master records are correct? (Multi) A. B. Information on each screen may be defined in configuration as mandatory. suppressed or optional. Address. B. and reconciliation account are included in the client level of the customer. E. . D. Which of the following statements are correct? (Multi) A. The retention periods are determined by the bank account name. The planning type determines which bank accounts the plan amount to be inputted to. Archived payment advices are included in planning till the value date. C. The reconciliation account defined on the customer master record is an account used to reconcile CO transactions back to FI. Which of the following statements are correct? (Multi) A. the system can include outstanding Accounts Payable invoice items when you clear incoming payment receipts for the customer. The main bank account and the bank clearing account use the same sort key. D. The payment advices for editing can be changed.28. The alternative payer is used to transfer outstanding receivable item to the alternative payer's account. B.

You can post primary costs from Financial Accounting to the order. Transactions can be allowed or disallowed depending order status. The reconciliation account B. The payment terms and payment block D. the total output activity quantity is determined by summing all of the activity quantities allocated. Result analysis orders for posting accrual costs in CO. certain prerequisites need to be fulfilled. B. CO production orders. B. What data can you change using this function?(Multi) A.Which statements are true regarding direct and indirect activity allocations? (Multi) A. Manual activity input planning cannot be performed if actual activities are allocated indirectly. then indirect activity allocation is used. The cost center must be defined. . C. The primary cost element is one type of master data in Controlling.Which of the following statements are correct regarding Internal Orders?(Single) A. 38.Which of the following statements is true about CO production orders?(Multi) A. D. If both the amount of the activity used by the receiver and the total output activity quantity of the sender can be measured. If the amount of activity consumed by the receiver is not measured.this function allows you to change a whole group of line items simultaneously. The G/L account must be defined. If direct activity allocation is used. The company code C. then indirect activity allocation is used. Additional order status categories can be created in the order master. instead of having to change individual items in the documents. B. The plant must be in the system. Bills of materials and routings are required. The house bank and payment method 34. It is not possible to post goods movements to and from the order. C. B. in the 36. 35. Bulk change of line item . C. Once an order has been released. Capital investment orders for creating assets. It is an internal order used to control production from a cost accounting point of view. Sales orders for make-to-order function E. Which of the following order types are internal orders?(Multi) A. C. Planning transactions are allowed under any status. only closing entries can be made. Maintenance orders. C. Which of the following conditions must be fulfilled BEFORE you can create primary cost elements?(Multi) A. 37. E. D. D. The controlling area must be defined. D.33. E. Before you can create a new primary cost element. You can post secondary costs from overhead calculation to the order. B. D. The business areas have been defined.

Distribution can be made for both planned and actual figures. 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. assessments cannot. the first order information which must be entered is: A. assessments cannot. B. Down payment request C.39. D. Distributions can be made using statistical key figures. Credit limit report D. 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. Incoming payment B. SAP FI/CO Certification Sample Questions Caution: more than one answer may be correct. Bill holdings Question: Which of the following are clearing procedures in accounts receivable? A. G/L account balances E. Order status B. Cash management position B. Please mark ALL correct answers. What is the difference between distribution and assessments? (Multi) A. Credit memo D. Liquidity forecast C. Distributions are used when the original cost information is necessary on the receiver. assessments are used when this information is not necessary on the receiver. Distributions are made using the original primary cost elements. assessments are made using secondary cost elements. Transfer posting Question: When creating an Overhead Cost Order. C. Order type .

Cost Object Question: Period closing activities are also performed in Controlling. A Sender/Receiver relationship exists. Overhead has been incurred. Cost center D. An order was closed . Project. a distinction is made between master data. Cost Center. Which of the following combinations make business sense? A. Which settlement receivers are available for internal orders? A. Classification code Question: When creating an Overhead Cost Order. Order. Work center C. planning. Cost Center. Order. Curreny E. Activity type E. Asset E.C. However. C. Project B. Supplier Question: Withing Overhead Cost Controlling activities are calculated. Order Receiver. General ledger accounts D. Settlement type D. D. B. This is dependent on certain prerequisites. The posting period has been closed. Orders C. Project C Sender. Materials have been withdrawn. Cost Center Receiver. Cost Center. Project Receiver. Cost Center. Which of the following master data belongs to Controlling? A. not all Sender/Receiver combinations are allowed. Cost center B. Sender. Personnel costs have been incurred. actual data and the information system. Sender. the settlement rule must be entered in the control data. Which of the following are MINIMUM criteria before it makes sense to carry out period closing? A. Vendor Question: In Controlling. G/L account B. Order. E.

G/L account balances E. Transfer posting Question: When creating an Overhead Cost Order. Bill holdings Question: Which of the following are clearing procedures in accounts receivable? Answer: A. K. . the settlement rule must be entered in the control data. Down payment request C. G. Answers for SAP FI/CO Certification Sample Questions Which of the following statements are correct? Answer: A More than one chart of accounts can be created for each client B The chart of accounts contains all the G/L accounts. Asset E. actual data and the information system. J. Vendor Question: In Controlling. Cash management position B. Credit memo D. I. Liquidity forecast C. Orders C. General ledger accounts D.B. Which of the following master data belongs to Controlling? C. Settlement type D. Cost center B. Order type C. H. Curreny E. a distinction is made between master data. Order status B. 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? Answer: A. the first order information which must be entered is: Answer: A. E. F. Question: D. L. Classification code Question: When creating an Overhead Cost Order. Which settlement receivers are available for internal orders? Answer: A. planning. M. Credit limit report D. Incoming payment B.

G/L account B. This is dependent on certain prerequisites. In the New G/L. Sender. Order. D. Project. Sender. Project Receiver. Sender. Cost Center Receiver. Cost Center. The posting period has been closed. E. A. Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant. Q. Activity type E. b) O c) O d) O 2. Order. Materials have been withdrawn. Supplier Question: Withing Overhead Cost Controlling activities are calculated. Overhead has been incurred. B. Work center C. When parking a document. Which of the following are MINIMUM criteria before it makes sense to carry out period closing? Answer: A. Cost center D. Cost Center. Cost Center. Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes. R. A Sender/Receiver relationship exists. However. a) O Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years. Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years. Personnel costs have been incurred. Order Receiver. Which of the following combinations make business sense? Answer: A. Questions 1. . which of the following occurs in the system? Please choose the correct answer. Cost Object Question: Period closing activities are also performed in Controlling. An order was closed. Order. not all Sender/Receiver combinations are allowed. Answer: O. C.N. P. Project B. Project C. how would you incorporate companies with different fiscal years if you wanted to assign them to the same controlling area? Please choose the correct answer. Cost Center.

3. a) b) c) d) O O O O The field status of the activity The field status group of the reconciliation account The field status of the posting key The field status of the customer account group 6. message Prerequisite. update. 5. a) b) c) d) e) O O O O O Internal order Profitability segment Account determination Profit center Segment . The document number is not assigned and transaction figures are not updated. Define number ranges for the new company code.What do you have to do? Please choose the correct answer. What are the necessary steps to create a validation? Please choose the correct answer. check.0 EhP5 (Enhancement Package 5) with new G/L and the corresponding business function activated? Note: There are three (3) correct answers to this question. The document number is assigned and transaction figures are updated. message 4. control Check. Which object has to be used to avoid a change of the reconciliation account in the customer's master data? Please choose the correct answer. message Check. Your customer wants to add a new company code and asks you to make the configuration settings for document types and number ranges. No additional settings are necessary. check. control. a) b) c) d) O O O O Set a second number range for all document types. Allow all document types for the new company code. update.a) b) c) d) O O O O The document number is not assigned but transaction figures are updated. The document number is assigned but transaction figures are not updated. Which objects can be assigned to an asset master record in SAP ERP 6. a) b) c) d) O O O O Prerequisite.

a) b) c) d) e) O O O O O Summation Master data modification Sorting Filters Dual control Solutions 1 a) Incorrect 1 b) Incorrect 1 c) Incorrect 1 d) Correct 2 a) Incorrect 2 b) Correct 2 c) Incorrect 2 d) Incorrect 3 a) Correct 3 b) Incorrect 3 c) Incorrect 3 d) Incorrect 4 a) Incorrect 4 b) Incorrect 4 c) Correct 4 d) Incorrect 5 a) Correct 5 b) Incorrect 5 c) Incorrect 5 d) Incorrect . 8. a) b) c) d) O O O O To determine debit and credit accounts. To determine the document type. Which of the following elements are required to create a customer-specific drilldown report for New General Ledger Accounting? Note: There are two (2) correct answers to this question. For which of the following scenarios can you use the cash journal? Please choose the correct answer.7. a) b) c) d) O O O O To manage cash in local branches and offices To post incoming and outgoing payments in any transaction currency To record documents that will not be included in the general ledger To make remittances to vendors 9. What is the purpose of account determination in the accrual engine? Note: There are two (2) correct answers to this question. a) b) c) d) O O O O Characteristics Variables A form A report header 10. To determine the correct posting period. To determine the CO object. Which of the following are interactive functions available in the SAP List Viewer? Note: There are three (3) correct answers to this question.

Noted items cannot replace any proper FI documents. For GL account: has a deletion indicator been set? B. 3. Reduction of Total Cost of Ownership . The account for the offsetting entry is selected automatically C. Reduce system downtimes during software upgrades D. Name reasons for archiving data. Account determination in asset class B Account number in fixed asset C Account determination in depreciation area D Account number in depreciation area 7. The following applies to the special general ledger type of noted items. For banks: is a bank balance sheet overdrawn? F. Automatic offsetting entries (statistical) D. How many possibilities are possible with New General Ledger? Choose all that apply. A. For vendors: are there still transaction figures? D. The same workflow variant can be assigned to several company codes. Lower the effort involved in database administration 5. No postings are made on an offsetting account D. Keep data secret from auditors C.6 a) Correct 6 b) Incorrect 6 c) Incorrect 6 d) Correct 6 e) Correct 7 a) Correct 7 b) Incorrect 7 c) Incorrect 7 d) Correct 8 a) Correct 8 b) Incorrect 8 c) Incorrect 8 d) Incorrect 9 a) Correct 9 b) Incorrect 9 c) Correct 9 d) Incorrect 10 a) Correct 10 b) Incorrect 10 c)Correct 10 d)Correct 10 e) Incorrect 1. For banks: are they still being used? 6. A company code can be assigned several workflow variants B. Improve response times B. Noted items are posted on an alternative reconciliation account E. A. For customers: have they been created before 1995 C. Other types 2. Which statements are correct? A. Customer Fields Extensibility C. Account balancing with any characteristic B. Segment Reporting D. For GL accounts. A task can be assigned one possible processor only C. Where do you define the reconciliation account that will be used by an asset? A. Noted items B. Choose the correct answer(s) A. 4. Down payments C. Which prerequisites are checked by the system before deleting master data? A. Which of the following are special G/L types? Choose the correct answer(s) A. The special G/L indicators of your own can be created of this type B. Free offsetting entries E. customers and vendors: are there still documents? E. It is possible to design multilevel workflow sequences D.

D. FANEWGL_ACTIVATION B. Financial Accounting Document will have two views: the entry view and the GL View. Reconciliation Ledger E. 14. C. A. Real Time Integration between CO and FI D. The leading ledger will manage local currency(s) assigned to company code. . Document (Online) Split C. Old paths can be eliminated by running RFAGL_SWAP_IMG_OLD D. B. A. The new SAP Installation will choose between Old and New Ledger. A. Multiple Ledgers can be maintained under leading ledger. C. GL_ACTIVATION D. New SAP customers will have to activate New GL by Default. ECC 6. Old paths can be eliminated by running FIGL_SWAP_IMG_NEW 13. A. FIGL_ACTIVATION 12. There will be new Paths for New GL in addition to existing (Old) GL. After Activating the New GL. What will be the new ledger definitions after the activation? Choose all that apply. Profit Center Accounting C. FI Classic B. E. Extended data structure B. True / False C. values from all the ledgers can be posted on to CO. A. NEWGL_ACTIVATION E. 10. New GL will use the same Fiscal Year Variant and Posting Period Variant that is assigned to company code. Schedule Manager 9. True / False E. Control Parameters (as before) will be from company code. Product Costing D.0 will prohibit the use of PCA above General Ledger. The New GL is optional for existing SAP Customers. After activation. A. Transparency and Uniformity 8. True / False B. Interfaces for entering the data and postings are nearly identical. B. True / False D. True or False: Please choose the correct answer. True / False 11. what following changes will take place? Choose all that apply. Conventional Financial Accounting Paths will remain at their present form. FAGL_ACTIVATION C. E.E. The New General Ledger now consists of what functions? Choose all that apply. A. What Customizing transaction will activate the New General Ledger? Choose all that apply. There will be or can be multiple leading ledgers. Customers within New Ledger will have limited extensibility. Choose the correct answer(s). If multiple ledgers are used. What are the advantages of using the New General Ledger? Choose all that apply.

Credit account D. Pre-closing activities that begin in the old month include: A. Expenses C. The Accrual Engine can be used for the following purposes. Profit and loss results B. The ‘purpose of account determination’ is to determine the following: A. Which of the following are required settings for foreign currency valuation. Posting period variant D. Provisions for awards C. Balance sheet account 22. Foreign currency valuations and financial statement adjustments C.True / False B. post depreciation and interest expenses in asset accounting D. Creation of external and internal reports 16. Unplanned depreciation (or other manually planned depreciation) D. process recurring entries and bad debt expense in AR. Document type B. Open new accounting period B. Define expense and revenue accounts for exchange rate differences D. Intellectual property management 20. Which of them is/are optional? A. Lease accounting B. True / False C. Imputed interest E. Specify balance sheet adjustment accounts for receivables and payables. The way the document will appear in General Ledger view will be the same as Entry view. Automatic accruals in financial accounting D. A. Accounts are determined using ‘derivation rules’ consisting the following. APC revaluation below/above the accumulated depreciation 18. A. Define valuation methods C. Source fields . The ‘posting period’ can be defined for each A. Which of the following are “special items” in financial statement version? A. There will be no extra views on documents and no changes will be made. Entry View will be the same in sub-ledgers (AR / AR / AA / Taxes). Enter accruals/deferrals. True / False 15. Define exchange rates B. Ordinary (book and cost-accounting) depreciation B. Accrual type 21. Notes to financial statement 17. The depreciation position program RAPOST2000 can be used to record the following: A. Debit account C. Accounting principle C. Accounts not assigned D. True / False D. 19. Tax special depreciation or the allocation and write off of reserves for special depreciation on the basis of tax special depreciation C. Company code B.

Company code B. Scheduling the payment run D. Target fields C. Run date B. Real-time integration 29. other ledgers cannot be used in addition to the main ledger. Setting parameters B. The main ledger generally reflects the accounting principle used to draw up consolidated financial statements. Account D. Accelerate closing B. C. Customer number D. Program number C. Account management 24.Which of the following are advantages of document splitting? A. Printing the payment media 26. Posting period 25. Key figure reports C. Rule entries 23. Consolidated financial reporting is normally mapped with main ledger 30. Reports for financial statement analysis D.Which of the following are fields of ‘General Data’ in customer/vendor accounts? A. Insurance C.Items that are to be dunned are grouped together in dunning notices if they have the same of following: A. D. The main ledger is the only ledger that is integrated with controlling module by default.B. B. Conditions D. Control data D. Company code B. Identification 27. Address B.Which of the following is not correct? A. Balance display B. For parallel financial reporting. Document number C.In SAP every document is uniquely identified by the following fields. Fiscal year D. A. Number range 28.The following can be used for G/L account evaluations A. Increased data quality C. Interim report ANSWERS . Dunning area C.Which of the following are the steps involved in the ‘payment process’? A. Generating a proposal C. Extensibility and flexibility D.What are the fields by which every dunning program run is identified? A.

All of the above 19. A. It is possible to create multilevel workflow sequences. C and D 17. B and C 14. B 12. A. A. B and D. C and D Down payments. B and D The Accrual Engine can be used for manual accruals in financial accounting. 3. C. A. Individual tasks can usually be assigned several possible processors. C and D One workflow variant can be used for several company codes. D and F 6. C. C. B and C 29. A. A 11. Other two are fields of company code data 24. A. C 30. A. A. A. Secondary cost elements area used in production that are produced from outside the . A and C B and D are closing activities. A and D 27. 16. Consider the following statements: 1. A. B and C 13. B and C Questions — 1. B and C 22. C and D 5. 4. All of the above 26.1. A and D 9. A. D and E Noted items are purely ‘reminders’. B and C 28. B. A. All of the above 18. B and C 25. All of the above 10. 23. A. A. A. C. in addition to the above 20. bills of exchange and other types are referred to as special general ledger classes 2. B and D 21. B and D 15.1. No zero balance check is made since no assignments are made to offsetting accounts. D and E 8. C 7.

c) 31. Which of the above sentences is true (Please choose the correct option)? a) 31.company. d) It must be defined before creating cost centers.3. . used as a basis for allocations and for performing key figure analysis. Cost centers are the organizational units that incur and influence costs. “During a fiscal year. 3. b) 31. You have only posted planning data in the fiscal year. 2.2. The currency of the new company code is the same as the currency of the old company code. e) none of them.1. d) all of them. 3. What can you say about the standard hierarchy (Please choose the correct option)? a) It is the top of a Profit Center group.3.2. which all Cost Centers/Profit Centers may be assigned. The cost center is not assigned to a fixed asset. c) It can be defined after creating cost centers. you can only change the assignements of the organizational units company code. 1.2. e) Its name is defined after creating controlling area and it must follow certain SAP standard rules.3.1. business area or profit center to a cost center if: 3. as having the same name of the Controlling Area. 3. 1. work center or HR master record. Cost elements are indicators. b) This is a representation of the board directors cost center.

are correct.1 and 33. are correct.3 are correct.1.2. a) It is the object in CO module that correspond to the expense and revenue accounts in FI module. assessments and settlements. which specifies what kinds of cost center can be entered. . Define Primary Cost Element (Please choose the correct option). c) It is the object in CO module that are used exclusively to identify internal cost flows and records revenues. c) 33.1 and 33. a) It is allowed for only one cost center master data. b) It is the object in CO module that are used to record internal value flows like activity allocation. which specifies the category for the cost center. e) It is a tracing factor that helps to classify the specific activities that are provided by one ot more cost centers within a company. which specifies the category for the cost center. d) It is a revenue element. used in CO and it corresponds to a Balance Sheet Account in FI module. d) It is an indicator in the controlling area.3. Define Cost Center Category (Please choose the correct option).Which of the above sentences are false (Please choose the correct option)? a) 33. b) It is a CO object where costs are incurred. are correct.2 and 33. b) 33.2 and 33. 33. 4. 5.3. e) none of them. d) 33. c) It is an indicator in the cost center master data. e) It is an indicator in the chart of accounts.

b) 7.5 and 7. 6.5 Partial split 7.3. 6.6.4 and 7.4 are correct. Validation has priority under Substitution. 6. The activity type category is used to determine whether and how an activity type is entered and allocated. d) 7.1.2. The fixed value is only posted in the period in which it is entered.6 are correct. 6. a) [ ] True. Splitting process can be divided in to following steps 7.4 Clearing lines/zero balance formation by document 7. b) False.2 Passive split 7. a) True.3 and 7. 7.2. You can create your own list variants for collective processing.6 Total split Choose the correct option: a) 7. True or false? 6. b) [ ] False. 7.4.1 Active split 7. 7. 7. 7. c) 7.1.SAP recommends that you use the same number interval groups for CO actual and plan transactions.3 Legal split 7.3.5. a) True. b) False. b) False.3 and 7.2. a) [ ] True.5 are correct. . b) [ ] False. a) True.5 are correct.

1.4. are correct.3.2. d) A separate Assessment account needs to be defined for New General Ledger as a GL Account that is not a secondary Cost Element of category 42. are correct.4. 8. 10.3. Which of the following statements is true (Please choose the correct option(s))? . 8. b) 8. and 8. b) Statistical Key Figure presently cannot be used as a Tracing Factor. are correct. 9. 7.5.1. and 8.1. create an activity type of the category 1 (manual entry.2. Consider the following statements: 8.5. 8.1. and 8. 8. You can reposting direcy activity allocations in periods and in the same period form which the document to be adjusted originates. and 8. Reposting line items creates CO documents which don’t contain a reference to the FI document.3. but that lead to actual costs at a later date. Choose the correct option: a) 8. To directly allocate activity. are correct.4 are correct.5. Purchase orders reduces the commitment values. manual allocation). However Periodic Reposting is not used. d) 8. c) 8. and 8. c) Distribution Generates a FI Document as an output.4.e) 7. 8.2 and 7. Which of the following are correct about periodic allocation? a) Both Distribution & Assessment can be applied as a Periodic Allocation Technique in the New Ledger. Commitments are payment obligations that are not entered into the accounts.2. are correct. e) 8.

c) Independent cycles can be processed in parallel if they have the same allocation type. c) It is used to lock the business transactions for a combination of controlling area. When planning statistical key figures. it uses a ________________ for period-based distribution of the total values.a) The SAP R/3 system saves the information from the clearing cost center in totals records during a periodic reposting. 12. the original cost elements are summarized into distribution cost elements (secondary cost element category = 42). What can we say about period lock (Please choose the correct option)? a) It is used to lock the business transactions for a combination of company code. b) The cycle-segment method is used only for defining periodic reposting. fiscal year and purchasing organization. fiscal year and version. fiscal year and version. fiscal year and document number. Which of the following are advantages of ledger solution? a) You maintain a separate ledger for every accounting principle b) You can use different fiscal year variants in this scenario c) The number of G/L accounts is manageable d) The data volume decreases 13. e) During distribution. fiscal year and plant. Please select the option that fulfills the above statement: . d) You can process cycles in the same cycle flow group in parallel. 11. e) It is used to lock the business transactions for a combination of company code. d) It is used to lock the business transactions for a combination of company code. b) It is used to lock the business transactions for a combination of company code.

New GL will be activated. 16. Please choose the option that substitutes <1>. 16.2. Please select the option that fulfills the above statement: a) formula planning. All of the reports are kept in ____<4>____. 15. e) distribution. Plan values on cost centers can often be calculated using mathematical dependencies. e) secondary statistical key figure. c) dependency planning. predefined columns. ____<1>____ are numeric fields that you can evaluate in a report.1. 16. d) New GL should be activated before data migration 16. <2>. ___________________ lets you use calculation dependencies to plan your cost center costs. respectively: a) key figures. d) distribution key. b) free entry. c) planned value. b) resource planning.a) receiver base. 14.3. ____<2>____ are fields that display criteria that you used in the data selection. d) accrual calculation. ____<3>____ consist of a key figure and one or more characteristics. Consider the following statements about Report Painter: 16. .4. system libraries and characteristics. c) After successful data Migration. Which of the following are migration principles? a) Date of Migration is at the beginning of a Fiscal Year (Current or Future) b) Year End closing of the Old Fiscal Year must be completed prior to migration and Activation of New GL. <3> and <4>.

Which of the following are part of financial statements? a) Automatic offsetting entries b) Noted items c) Free offsetting entries d) All of the above 18. c) The R/3 system contains standard planner profiles. and system libraries d) key figures. you cannot assign any number of planning layouts to any number of planning areas. The following statement(s) is/are correct with holding documents. d) Planner profiles are defined using the Report Painter. key figures. e) characteristics. c) predefined columns. predefined columns and system libraries. b) In a given planner profile. Please select the sentences you think they are correct)? a) It allows to control the planning process. key figures. characteristics. 17. characteristics. Which of the following are process dimensions of SAP business workflow? a) Organizational structure b) Process structure c) Function d) Information 20. .b) predefined columns. system libraries and characteristics. key figures. a) Free assignment of the designation/ID b) A document number is assgined c) No update of the transaction figures d) Not taken in to account for evaluations/reports 19. What can we say about Planner Profile (Note: we can have more than one correct sentence. predefined columns and system libraries.

Profitability Management is related to which SAP R/3 specific module (Please choose the correct option)? a) Financial Accounting. d) Enterprise Controlling. You can assign an asset to the following Controlling objects: a) cost center. c) Controlling. 24. Transaction type specifies which of the following are updated: a) Value fields b) Depreciation areas c) Asset balance sheet accounts d) All of the above 25. .e) You can assign more than one planning layout to each planning area in the planning profile. Which of the following are callup points? a) Document number b) Document header c) Document line item d) complete document 23. 21. b) Materials Management. e) Sales & Distribution. Which of the following are screen areas of Business Workplace? a) Selection tree b) Workflow c) Worklist d) Work item preview 22.

c) Summation d) Select Colums e) Select Report. Which of the following evaluations types available only for customers? a) The DSO (Days Sales Outstanding) evaluation b) The overdue items evaluation c) Terms Agreed/Terms Taken d) The currency analysis e) The due date analysis 28. Which of the following are Form Types in drilldown reporting? a) Single axis form without key figure. b) Cost Center. Which of the following is not a function of SAP List Viewer? a) Select List. c) Functional Area. b) Select Detail. c) Dual axis form with key figure. What characteristic is needed when we need to calculate profits according to the cost-of-sales approach (Please choose the correct option)? a) Plant. b) Single axis form with key figure. 29. . d) Dual axis form without key figure.b) Internal order c) Activitiy type d) Maintenance order e) All of the above 26. 27.

6. Validation has priority.1. True. d) A transfer price is a price used to plan the transfer of goods and services that should be occur between independent organizational units. e) Operating Concern.5. True or false: 6. 5. D. 6. 3. A. 6. than Substitution. C. 2. SAP recommends that you create different number interval groups for CO actual and plan transactions. c) The average balance ledger (8Z) contains both weighted transactions by period and by company code. The fiscal year total is an average of the period totals. . Consider the following sentences and choose the correct option: a) All transactions carried out during a period are stored with a date weighting in the average balance ledger. The TOTALS VALUE is only posted in the period in which it is entered. C. False.4. True. 4. e) The assignment of a Report Painter/Report Writer to a library is optional.3.d) Dummy Profit Center. b) The opening balance is taken from the average balance ledger “8A”. or it is “stronger”. True. 30. Answers 1. The fiscal year total is the sum of all the period values. The FIXED VALUE is carried over from the period in which it is entered to all subsequent periods of the same fiscal year.2. 6. D. 6. False.

27. C and D. A and C. 15. C. 19.7. D. All of them 10. C and D. C. D. C. 14. 25. 21. A. 22. 26. A. 12. A. 24. 17. 30. B and C 16. D. All of the above 20. C. E. 29. A. B and C 13. C and D 23. C. 18. A. 11. 9. C. B. Questions . E. A. 8. E. D. B and C. 28. A. A. E.

It has been created a SD billing document with a Sales Order. sales and profit plan. How can the profit center be determined for each case. The ____<2>____ determines both the capacities and the quantity requirements for raw materials and operating supplies.3. The ____<4>____ is created once the activity units have been planned. dynamically. indirectly. respectively (Please choose the correct option)? a) indirectly. indirectly. d) indirectly. 2. It has been posted an asset. indirectly. .4.3. 2. cost plan. Consider the following statements (Plan Integration): 1. dynamically. indirectly. indirectly. dynamically. The____<1>____ is usually created to determine the quantities you expect to sell during the planning period.1. It has been generated a goods receipt for a purchase order. master production plan. master production plan. 1. sales plan. It has been created a SD billing document.5. 2. dynamically. <3> and <4>. sales and profit plan. <2>. 2. b) cost plan. cost plan e) sales plan. sales and profit plan. respectively: a) sales plan. dynamically. Consider the following processes that occur in R/3 system: 2. sales and profit plan. indirectly. c) sales plan. cost plan .2. master production plan. indirectly. The ____<3>____ can be used to derive planning planned contribution margins. dynamically. indirectly. 1. 2. indirectly. It has been created an invoice receipt for a purchase order. master production plan. cost plan. indirectly. e) indirectly. b) dynamically. dynamically. with a valuated project stock.1. c) dynamically. indirectly. indirectly. indirectly. d) sales plan. sales and profit plan. Please choose the option that substitutes <1>. 1. master production plan.1.4.2.

e) It is intended to be self-documented. 5. . e) Flow definition. 4. d) Documentation integrated into the system. 6. What are the functions integrated in the Schedule Manager (Note: we can have more than one correct sentence. c) Transactions. e) Uniform Error Analysis. What is the intention of a task list? a) It is intended to group all work to be done. d) The system executes settlement. b) It is intended to be restricted to the financial manager. d) Programs with variant. Please select the sentences you think they are correct)? a) Error correction and Restart. Please select the sentences you think they are correct)? a) Changes not recognized or active immediately. c) Dependencies. d) It is intended only to collect several jobs. b) Various ways for starting jobs. e) Documentation ad flow for period-end closing are centrally integrated in the R/3 system. What are the four task types (Note: we can have more than one correct sentence)? a) Create transaction code. c) It is intended to make the user list the transaction codes. b) Changes are immediately visible and effective. c) Access is available to everyone with authorization. b) Notes.3. What are the advantages of using the Schedule Manager during the period-end closing processes (Note: we can have more than one correct sentence.

b) A chain can contain between four and ten steps. e) The ability to monitor the total progress of period-end closing when the user uses more than one task list. Please select the sentences you think they are correct)? a) The access to messages and result lists. This leads to an unnecessary sequential of database accesses. d) To allow the user a way for changing period-end closing data. 9. What does the Work list provide (Note: we can have more than one correct sentence. What does the monitor provide (Note: we can have more than one correct sentence. 10. What do the flow definitions provide (Note: we can have more than one correct sentence. The system creates a special place for every object. c) The opportunity to postpone someone’s tasks. as well as the technical and business status of every task. Please select the sentences you think they are correct)? a) Each jobs reads the relevant objects from the database. FANEWGL_ACTIVATION . validates and process the objects and after. Which program hides the old paths in the new general ledger A.7. c) It is only after all jobs are run that the system detects any object errors that occurred. 8. d) The opportunity to view the work of colleagues and the processing sequence. e) A chain can contain any number of jobs. d) The selection report selects all objects from the database that are relevant for subsequent jobs. posts the results to the database. e) To send mails to colleagues at defined times. b) To execute it only when the system is online. Please select the sentences you think they are correct)? a) To define dependencies via external tools. c) To define a fixed sequence of jobs that is integrated in the R/3 system. b) The visualization of both entire technical and business information.

What are the building blocks for the SAP Solution Management strategy (Please choose the correct option)? a) Safeguarding Management. FANEWGL _SWAP_IMG_OLD D.B. b) Global Strategy and Service Level Management. Business Warehouse Management and Advanced Planner Optimizing. Blueprint Definition Management. e) Supply Chain Management. Customer Relationship Management. Configuration Management. which serve as a starting point for identifying the project scope to be implemented. Management of mySAP technology. Software Change Management and Support Desk Management. 12. 13. c) Project Management. Supplier Agreement Management and Organizational Effort Management. Solution Management Optimization. e) a platform that helps reducing the total costs of ownership (TCO). b) a platform that provides a single point of access into component systems for design. RFIGL_SWAP_IMG_OLD 11. configuration and testing activities. Customizing Synchronization Management and Testing Management. What are the five phases of the Implementation Roadmap (Please choose the correct option)? . Business Process Management. d) Integrated Product Management. c) a platform that provides with the Business Process Repository central access to the list of predefined business scenarios. SAP Solution Manager is (Note: we can have more than one correct sentence. Empowering Management. Configuration Management. Support Programs Management and Testing Management. Project Monitoring and Control. RFAGL_SWAP_IMG_OLD C. Strategic Enterprise Management. d) a platform that only enables component-oriented configuration and testing. Please select the sentences you think they are correct): a) a customer platform that enables representation and documentation of the entire SAP documentation.

Development Management. e) Workflow. A company code can only be linked to one controlling area . 14. Realization. What are they (Please choose the correct option)? a) Operations. The SAP Solution Manager as the technical and operations infrastructure has some components. Final Preparation and Go Live & Support. b) Schedule Manager. Solution Monitoring and Support. c) Transactions. Realization. Logical Component. IMG Assignments and Test Cases. Which of the following are types of selection variables for report variants? a) Table variables from TVARV b) Dynamic date calculation c) Posting period. Documentation. 15. b) Project Preparation. Business Blueprint. A company code must use business areas C. Strategic Enterprise Management. d) Project Preparation. Configuration Management. IMG Assignments and Test Cases. d) Supply Chain Management. SAP Notes search. SAP Notes assistant and interface to SAP Service Marketplace to send Support Notifications. Customer Relationship Management. d) Fiscal year. c) Integrated Product Management. Business Warehouse Management and Advanced Planner Optimizing. Business Process Management of mySAP technology. e) Transactions.a) Global Strategy. Which of the following statement is correct? A. Logical Component. A company code is not an organizational unit B. Documentation. Supplier Agreement Management and Organizational Effort Management. 16. Final Preparation and Go Live & Support. Software Change Management and Support Desk Management. Business Blueprint. Project Monitoring and Control. Solution Manager and Solution Monitor.

It provides an unbroken audit trial from the financial statements to the individual documents D. Used to accumulate company code data for more than one company code 20. A consolidation master record C. In SAP what is the document principle? A. Which of the following are structures of Chart of Accounts? A. In SAP FI which statements are correct for the chart of accounts? A. account name and the information that control how an account functions and how a G/L account is created in a company code D. Standard chart of accounts C. For each G/L account. It is used to count the number of documents used to during a posting in FI 18. It is possible to assign more than one chart of accounts to a company code 19. It is possible to assign only two chart of accounts to a company code B. the chart of accounts contain the account number.D. Group chart of accounts . It determines the data flow between Financial Accounting and other components of the SAP system B. A company code can have more than one operating Chart of Account 17. Optional chart of accounts D. This is a list of all G/L accounts used by one or several company codes C. Used to report structures in SAP D. Operating chart of accounts B. A company in the SAP structure is: A. It is the set of documents FI is based on C. Used the same as a company code B. Country specific chart of accounts E.

7. .Answers 1. B. C. 4.Documentation integrated into the system. D. 12.Uniform Start for Jobs. When an asset is posted. . according the profit center defined in the purchase order. E. 3. E. C. according the profit center defined in the purchase order. Integrated functions in the Schedule Manager: .Dependencies.Error Correction and Restart.Communication. When a SD billing document is created with a sales order. 2. . C. E. D. the profit center is always determined dynamically (Overhead Cost Order OR Cost center of the asset). C. B.Uniform Error Analysis. A. D. E. the profit center is always determined indirectly. B. E. C. A. the profit center is always determined indirectly. B. the profit center is always determined indirectly. 11. E. When a invoice receipt is created for a purchase order. A. B. B. . 8. . When a SD billing document is created with a valuated project stock. D. D. D. 5. E. 9. according the profit center defined in the sales order. A. When a goods receipt is created for a purchase order. the profit center is determined dynamically from the WBS element contained in the actual SD billing document. 10. E. . 6.

C 17. D and E .SAP Solution Manager enables process-oriented versus component-oriented configuration and testing. ABCD 19. C 18. B 20. A and B 16. 14. 13. A. 15. A. B.

This certificate is the ideal -although not mandatory. TERP21 TERP21 TERP21 .0 EHP4 The certification test "Application Associate . The percentage indicates the portion of the test dedicated to a particular competency area.Financial Accounting (FI) with SAP ERP 6. Number of Questions 80 Duration 180 Notes • Please note that the primary source of knowledge and skills is based on SAP recommended training but the practical ability to apply the acquired knowledge and skills will also be tested. implement.FINANCIAL ACCOUNTING WITH SAP ERP 6. Competency Areas The following list helps you to identify the competency areas covered in this test. Weighting per Topic (not listed for all exams): + = <8% ++ = 8-12% +++ = >12% Way(s) to attain Alternative AC200 AC200 AC200 AC201 AC202 Competency Importance Topic General Ledger Accounting ++ Accounts Payable ++ Accounts Receivable ++ Accounting Customizing I +++ Accounting Customizing II ++ Primary TFIN50 TFIN50 TFIN50 TFIN50 TFIN52 Other Build. It is recommended as an entry-level qualification to allow consultants to get acquainted within Financial Accounting projects. configure.CERTIFICATION TEST SAP CERTIFIED APPLICATION ASSOCIATE .prerequisite for the qualification to Financial Accounting Application Professional in any of the specialist areas.0 EHP4" verifies proven skills and fundamental knowledge in the area of the SAP Financial Accounting. model. It proves that the candidate has a good overall understanding within this consultant profile and can implement this knowledge practically in projects under guidance of an experienced consultant. You are not allowed to use any reference materials during the certification test (no access to online documentation • or to any SAP system). and 60% troubleshoot solutions and processes.

Articulate. explain. Financial Closing +++ Asset Accounting +++ Basics of ERP & NW & Solution Manager ++ Reporting in Financials + TFIN50 TFIN52 TERP01. TERP02. describe. and outline 40% solutions and processes. SM001 TFIN52 AC205 AC305 TERP21 AC280 .

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