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1. a. b. c. d. The length of G/L account number should be mentioned in G/L account groups G/L account Chart of accounts None of the above
2. The G/L account becomes a complete G/L account a. if we have added the company code segment to chart of account segment b. if we have created both company code segment and chart of account segment cent rally c. if we have created chart of account d. if we have copied the chart of account segment from other company code 3. a. b. c. d. 4. a. b. c. d. 5. a. b. c. d. 6. a. b. c. d. If we are using the same chart of account in more than one company code the company code segments are same in all company codes the account name and account number is the same in all company codes the currency in company code segment in all company codes is the same the group account number is different in all company codes The appearance of the company code segment of a G/ L account is based on account group entered in the chart of account segment group account number entered in chart of account segment assignment of group chart of account in chart of account none of the above The appearance of an account master data is based on account number field status chart of account none of the above Creation of duplicate accounts in A/P can be prevented by using the match code before creating the new account sensitive dual control switching on automatic duplication check none of the above
7. Which of the following statements are true, when you are considering the major controls of document types a. the account types allowed for postings b. the field status of head text and reference number c. posting keys d. none of the above 8. a. b. c. d. Which of the following statements are true posting keys are defined at client level account types allow line item postings based on the posting key field status definition ‘suppressed’ and ‘required’ cannot be combined field status groups are examples of variant principle
9. Which of the following are true if we are using the same posting period variant for several company codes a. opening and closing of periods to be done for each company code b. we cannot use the same posting period variant for several company codes c. we can maintain different special periods for each company code
10. Which of the following statements are true a. we can open t wo period ranges during the time of closing process b. based on the document date ent ry, system will determine the posting period and fiscal year c. if you display the balances of an account, the transaction figures for the posting periods are displayed 11. By mentioning the base line date, cash discount periods, and cash discount percentage rate in payment terms, system will calculate a. due date of the invoice and cash discount b. due date only c. cash discount only d. none of the above 12. Using the account clearing function, choose and match those existing open items from an account that balance to zero. The system marks them as cleared and creates a clearing document. The clearing doc ument number and the clearing date is entered in the cleared open items. The clearing dat e can be the current date or a date that the user determines. State whether this statement is true or fals e 13. Which of the following statements are true a. we cannot have separate cash journal for each currency b. special general ledger indicators use the subsidiary ledger master records but are connected to the general ledger via alternative reconciliation accounts c. a down payment request is a noted item. It does not change any account balances. You can dun and pay aut omatically on the basis of down payment requests 14. The specifications for permitted payment differences can be found in both types of tolerance groups. They control the automatic posting of cash discount adjustments and unauthorized deductions. State whether this statement is true or fals e 15. All reconciliation accounts and all general ledger accounts with open item transactions in foreign currency must be assigned to the revenue/expense accounts for realized losses and gains. State whether this statement is true or fals e 16. R/3 system contains a. data base server only b. application server only c. presentation server only d. all of the above 17. All data and programs are contained in a. application server b. database server c. none of the above 18. SAP business object consists of a. attributes b. methods c. attributes and methods d. none of the above 19. Maximum number of sessions a user can open when he logs on to SAP a. one b. three c. five d. six
20. Fiscal year can be a. year dependent b. year independent c. both year dependent and year independent 21. Fiscal year which is a calendar year can have a. 12 normal periods b. less than 12 normal periods c. more than 12 normal periods 22. Short ened fiscal year can have a. 12 periods b. more than 12 periods c. less than 12 periods d. should have less than 12 periods 23. Company code can have a. one local currency only b. two local currencies c. any no. of local currencies d. none of the above 24. Postings in a company code are done in G/L account of a. consolidation chart of accounts b. operative chart of accounts c. country chart of accounts d. all of the above 25. Retained earnings account is a. specific to company code b. specific to client c. specific to chart of accounts d. none of the above 26. Which of the following statements is true a. company can use indirect exchange rate only b. company use direct exchange rate only c. company can use both direct and indirect exchange rat es 27. State which of the following is true in relation to SAP features a. business areas are company code specific b. business areas are assigned to company codes c. business areas are used for reporting across company codes d. none of the above 28. Posting in a G/L account is controlled by a. account group of the G/L account b. field status group in the chart of accounts segment c. field status group in the company code segment d. all of the above 29. Which of the following is true a. company code can have one retained earnings account only b. company code can have more than one retained earnings account c. chart of accounts can have more than one retained earnings account d. chart of accounts can have one retained earnings account only e. none of the above
one group and one alternate COA 36. account id b. one operating COA and one alternate COA d. account group controls the document field status b. one house bank p0lus one account id d. many account codes d. it cannot be mapped 38. many hous e banks c. The G/L account for a bank is linked to a. house bank c.30. many operating COAs and one group and one alternate CoA c. of account codes in operating COA a. many account codes d. one house bank plus multiple account ids in the same bank e. it cannot be mapped 37. One bank account is mapped in SAP to a. account group controls the master record field status d. G/L account e. only one account code b. Each G/L account code in group COA can be mapped to following no. Each account code in alternate COA can be mapped to following no. Which of the following is true a. only one account code b. one operating. Which of the following are correct with res pect to your G/L account hous e bank name a. one operating COA and many group COAs b. the g/l account house bank name need not be the same as the bank’s name in the bank directory c. Country plus bank key 35. the g/l account house bank name is modifiable at the company code segment of the chart of accounts 32. Your house bank number cannot be set to be defaulted from house bank key State whether this statement is true or fals e 33. account group controls the number range of G/L accounts c. Various account groups in one COA cannot consist of common G/L account codes. all of the above 31. of account codes in operating COA a. the g/l account house bank name shall be the same as in the bank directory b. a house bank b. the g/l account house bank name is user-definable d. E very company code can have following combinations as chart of accounts (COA) a. maximum three account codes c. bank key d. many hous e banks and many account ids 34. TRUE/FALSE . maximum three account codes c. the g/l account house bank name is defined at the chart of account level e.
chart of account segment is mandat ory while entering a customer master 45. fiscal year d. accounting data segment e. general data segment c. Which of the following statements are always true a. b. account currency b. document date e. document no. a vendor master cannot be created in the absence of a company code 46. option to state whether it is a balance sheet or profit and loss type account 40. a and b. one customer/ vendor account can have many reconciliation accounts b. Which of the following statements are false a. sales organization data segment 47. various company codes can have different payment terms with one customer d. account groups are defined for a combination of COA and company code 43.e . Which of the following statements are true a. Customer master has following segments a. for creation of vendor master. range interval b. account groups are defined at client level b. range d. chart of account segment b. company code c. more than one document type can have same no. a. account group is not required b. b and c.b. field status group d. purchase organization segment d. Each account code in a chart of accounts is automatically available for use to all company codes using that chart of account TRUE/FALSE 41.d. range intervals in respect of documents c. ranges are defined at client level 42.39. A document is uniquely identified by a. one customer can have different reconciliation accounts in various company codes c. Which of the following statements are true a. Which of the following statements are false a. all the account groups of customers can have one common no. reconciliation account can be used for the purpose of direct accounting entries by users c. range intervals d. Following fields form part of the chart of account segment of a general ledger account master a. range codes can have same no. different no. document no. account groups are defined for a company code c. one document type can have more than one no. a. a. account groups are defined at COA level d. one customer can have different customer codes in various company codes b.e. period a and e. one account group of vendors can have up to three no. account group c. Ranges 44.
Field status for a transaction entry is transaction dependent and account dependent c. Customer and vendors are defined in SAP at following level a. many to one d. Document type controls posting key. Business area once defined is available for use to a. from creating in company codes b. only company code segment data c. A different field status can be ac hieved for different actions such as creation of account or change in master record. If a general ledger account is defined using a sample account. Which of the following statements are correct a. no relationship 50. various account groups can have same no. one no. Which of the following is true in terms of vendor and customer master a. at client level c. one to many c. etc. only account control and account management data from company code segment e. at company code level b. A G/L account can be blocked for the following purposes a. the control data in COA segment b. all company codes assigned to the company to which the business area is assigned 51. only COA segment data c. cannot be blocked at all e. all company codes in all the clients c. many to many e. one account group can have one internal and one external numbering system . following data is referenced from the sample account a. one to one b. range d. one account group can have only one no. entire master data 52. only to the company codes to which the business area is assigned to d. at controlling area level d. is blocked for all the purposes in all the company codes 54. Document types are specific to a company code 49. and gl accounts that can be used in the document d. if blocked. only account control and account management data in company code segment d. While creating a sample account. following information may be entered a. from posting in selected company codes d. document nos. one account group can have either external or internal numbering system e. range can be allotted only to one account group c. from posting in all company codes c. at company level 56. both COA segment and company code segment dat a d.48. range b. TRUE/FALSE 55. all company codes in the client b. can be alphanumeric b. only company code segment data b. The relationship between house bank and account id is the following a. field status group. only control data of COA segment 53.
a business event might trigger more than one document in R/3 c. special G/L transaction to be paid. at company code level. by activating payment method supplements. select open invoice to the paid or collected. sending company code and paying company codes are same always b. if blocked. Which of the following are true a. the print program is scheduled to generate the print 63. Which of the following statements are true a. the G/L account names for house banks are us er-definable c. the G/L account names for house banks are defined in bank directory e. print b. there are four steps in payment proc ess: parameters. E very run of the payment program is identified by two fields – run date and identification. from creating in company codes b. proposal program run. is blocked for all the purposes in all the company codes 58. R/3 will link related documents in the system 60. the G/L account names for house banks could be the bank name and account number d. Which of the following statements are true in respect of payment program configuration in all company codes areas a. we can process specified special G/ L transactions only c. cannot be blocked at all e. only line item payment block can be removed during the payment propos al c. the G/L account name for house bank must match the names given to the house bank in the bank directory b.57. automatic options to the users are a. Which of the following statements are true a. TRUE/FALSE 59. the run date is recommended to be the actual date when the program is executed b. TRUE/FALSE 64. from posting in selected company codes d. any payment block can be removed in payment proposal edit b. items that cannot be paid are deleted in the exception list 62. post payment doc uments and print payment media c. select open invoic es to be paid or collected. we can print and sort payments . the field identification is used to run print program 65. In the payment proc ess. G/L account names for house banks can be different from those in chart of accounts 66. Which of the statements on doc ument principles are correct? a. and post payment documents b. post payment doc uments and print payment media 61. from posting in all company codes c. by specifying the vendor/customer. Which of the statements on payment program are correct a. Changes in customer or vendor master are tracked and can be seen in SAP. A customer account can be blocked for the following purposes a. once the parameters have been specified. each business event creates an accounting document in R/ 3 b.
system will not process the payments b. we can assign two dunning procedures to customer master records c. after completing the dunning proposal list. TRUE/FALSE 74. nine 73. without maintaining the value date in bank selection. we can recreate the proposal until the dunning clerk is satisfied with the result d. the date of the ‘last dunning run’ in the customer master record b. the dunning procedure in the customer master record for the next dunning run 75. If we are using check management. define check lots in order to print checks b. An item whose days in arrears are smaller or identical to the grace periods. Which of the statements are true in respect to configuration of payment program. dunning procedure can process only standard trans actions d. the exception list is a part of the payment proposal 70. Which of the statements are true when running the dunning program a.67. Say true or false a. The maximum dunning levels can be defined in dunning procedure are a. form (lay out set) specific ations in the customer master record for the text in the next dunning letter e. Two steps to define financial statement versions are a. we cannot delete the proposal c. interest can be posted at the time of dunning run 72. system will not process the payments 68. we can calculate interest on G/L account under interest on arrears method b. such as calculation frequency. deleted and recreated as often as desired d. enter it in the directory of financial statement version b. a payment method can only be used if it is entered in the account master record c. all company codes in the payment run paramet ers must be in the same country b. Which of the statements are true a. without ranking order. dunning dat a is updated in the master records of respective customer/ vendor 71. the payment proposal can only be edited. six c. the dunning level in the customer master record c. define hierarchy levels and assign accounts . currency 76. check lots are used only for automatic payments 69. dunning program will consider for the dunning notice. the dunning level in documents for which dunning notices are created d. Which of the following statements are true a. one time accounts cannot be dunned b. four b. which of the statements is true a. bank payment methods combination is must to define ranking order c. bank det ermination area a. calendar types. we can edit proposal b. What information does a dunning run change? a. R/3 uses same interest calculation indicator for each combination of interest variables. each interest id must be assigned an interest calculation type c.
Single ret ained earnings account. we can set a minimum amount for dunning charges on each dunning level 78. Multiple retained earnings accounts. we cannot print a dunning notice in a legal dunning procedure. Individual value adjustment for doubtful receivables are possible a. allocating costs to financial accounting through external settlement. drill down reporting is a tool that enables to analyze sub-ledger transaction amount 79. Which of the following statements are true a. we can not specify per dunning level that interest is to be calculated b. Account groups are used to control the following properties a. we cannot assign account group according to balance c. both of the above 81. You can carry forward P&L account balanc es to a. Multiple retained earnings accounts. aut omatically c. Which of the following statements are false a. field status of master fields c. only for vendor/customer open items b. through background proc essing (batch input session) b. through period end processing .77. automatically b. through normal transaction c. account currency is same as local currency of the company code c. when we have regrouped the rec eivables/ vendors. Single ret ained earnings accounts. Foreign currency valuation is possible a. only balance sheet items (G/L items) c. key user can define another posting date in place of keydate + 1 b. both of the above 80. system carries out adjustment postings c. under all circumstances 86. field status of master fields. field status of master fields and number range d. We cannot select individual business transactions for locking from a lsit of all the actual and plan business transactions. direct FI postings c. through period end processing d. account currency is not maintained b. number range and whether accounts are p&L ot B/S 85. although no further account movements have occurred c. Which of the following statements are true a. when we are valuating open items without update for reversal of the adjustment posting after key dat e. Depreciation postings can be ex ecuted a. a financial statement version consists of maximum 9 hierarchy levels b. field status of transaction fields b. account currency is different from company code currency d. the G/L is updated online/real time 82. You can post transactions to an account in any currency only if a. through special G/ L transaction b. TRUE/FALSE 84. any one of the above 83.
3 local currencies. account types c. special G/L applicability d. field status of transaction screen. balancing BA level balance sheet for inter business area transactions b. all accounts managed on open item basis and all accounts with account currency different from local currency d. dr/cr indicator. exchange rate maintained for type ‘M’ c. G/L. all accounts b. Foreign currency valuations on G/L accounts are performed on the following accounts a. 3 local currencies. customer and vendor line items d. You can clear open items only when they have same a. sample document b. accounts managed on open item basis having foreign currency transactions and all accounts with account currency different from local currency 90. company code d. posting adjustment entries for changed reconciliation accounts d. You can display account balances of several relat ed accounts through a.87. Default exchange rate picked up during FI doc ument is a. there is no default exchange rate type 88. customer and vendor line items b. Fast entry screens in FI are used to enter a. dr/cr indicator. How many parallel currencies are possible and at what level they are assigned? a. G/L line items c. amount and opposite dr/cr indicator d. exchange rate maintained for type ‘B’ b. posting vendor/customer reclassification at business area level 92. dr/cr indicator. dr/cr indicator. account types b. business area. amount. totals variant 91. field status of transaction screen. You run BA/PC adjustments for a. 2 local currencies. account assignment models c. opposite dr/cr indicator and same entry in fields that are configured for automatic clearing 89. account groups b. worklists d. worklists d. sort key c. chart of account c. business area. Easily entered document entry templates are called a. Posting keys are used to decide a. exchange rate maintained for type ‘G’ d. 2 local currencies. amount. chart of account b. balancing company code level balance sheet for inter company transactions c. opposite dr/cr indicator and same entry in fields that are configured for automatic clearing b. all accounts managed on open item basis c. Invoice receipt against GR 93. company code . account types. field status of transaction screen 95. amount. opposite dr/cr indicator c. recurring documents 94.
parked document b. vendors and customers c. The accounting document created for 0001 is 9800005210 and that for 0002 is 9800004236. you use the following functionality a. vendors b. business area data d. general data. company code data b. document currency c. account assignment model d. company code data. 000198000052100001 b. When you reverse a posted document. The cross company code number generated is a. any currency for which customization is maintained 99. 9800005210000199 d. company code data. 980000423600020001 c. it is a combination of up to three fields based on which open invoices are selected for manual payment 101.96. basis for classifying vendors for standard reporting d. Posting through a special ledger indicator affects a. it is a combination of up to three fields based on which open invoices are selected for automatic payment b. sample document c. general data. manually assigned 98. general data. 9800004236000299 97. vendors and G/L accounts 103. local currency b. the main reconciliation account of the vendor or customer b. external c. Cross company code transactions are carried out bet ween company codes 0001 and 0002 in the year 1999. company code data. offsetting entry to the main reconciliation account of the vendor/customer 102. Group key assigned to vendor master records control the following a. the alternative rec onciliation account and the main reconciliation account of the vendor/customer d. purchasing data c. customers and G/L accounts d. business area data. internal b. general data. If you do not want to enter a document with provision for updating the ledger on approval from authorized officials. Check management with relation to outgoing payments is possible for open items for a. controlling area currency d. This is created from company code 0001. vendors. the alternative reconciliation account mapped to the main reconciliation account of the vendor/customer c. basis for grouping several vendors for balance display c. internal or external d. The views maintained for vendor master data are a. Financial statements can be generated in a. plant data 100. the document number must be a. recurring document .
house banks maintained for specific business areas c. changing the field entry from the invoice document c. transfer posting with clearing c. In SAP. Payment needs to be made against invoices with payment blocks created during invoic e verification. ranking order of house banks b. Payment block can be removed by a. by assigning due dat e to invoice item 112. by assigning payment term to invoic e item d. Uf ckearubg fir $100 is done for the GR/IR account. How do you assign credit terms while drawing a bill of exchange on your customer? a. by assigning due dat e to the bill of exchange item c. plant-division combination and sales area 106.100 b. it is credited with $100 (exchange rae USD: INR = 1:40). ranking order and available balance in the accounts 108.41 = $1. noted items d. When you carry out automatic payment. reclassify open items by remaining life c. GR/IR account is managed on open item basis. a bill of exchange receivable items is cleared during a. plant-division-distribution channel combination c. regular items 105. discounting the bill b. cannot be removed 109. plant-division combination b. no exchange rate posting . During a GR. dr Rs. by reallocating in the payment proposal d. At the time of invoice receipt. partial payment c. When you carry out regrouping through AR or AP. the following activities are performed a. house banks entered in the parameters of the run d. plant-sales area combination d.100 c. revers al of contingent liability d. residual payment b. In which of the following processes do the original invoic es remain as open items a. all of the above 107.104. reclassify by changed reconciliation accounts d. releas e block in MM b. exchange rat e is Rs. charge off difference d. reclassify where debt ors have credit balance and vice versa b. bank through which payment is effected is based on a. statistical items b. distribute difference 111. cr $100 d. Business area is determined for accounting documents generated automatically from logistics modules are on the basis of a. and the indicator balance in LC only is ticked. Accounting for down payment request involves a. by assigning payment terms to bill of exchange item b. what is the foreign currency exchange rate posting? a. cr Rs. clearing against outstanding advances from the customers 110. parked items c.
customer. dunning clerk d. business area balanc e sheet will always balance d. use of business area is not optional in R/3 system d. When several organizational units carry out dunning within a single company code. Which of the following statements are correct a. a company code can have many business areas 118. additional fields 117. asset 114. dunning key c. use dunning clerk to block dunning d. they are used for internal P&L and balance sheets d. If you do not want to dun a vendor beyond a particular level a. The standard delivery clients in a R/3 system are a. business areas b. one business area can be used for many company codes b. What are the different account types in SAP? a. a business area can be across company codes c.002 and training client 999 d. a plant is assigned to only one company code b. a company code can have many6. GL. totals variant c. vendor d. client 001. a company code must be assigned to one chart of accounts only c. testing client 777 and training client 999 c. use dunning block on the dunning procedure 116. What are true with res pect to business area a. use dunning block on the vendor master c. balanc e sheets and profit and loss statements can be drawn up for business areas 120. client 000 and 001 e. Which of the following statements are correct with respect to business area a. dunning area 115. customer. GL b. customer. dunning procedure b. If you want to chose a different set of fields in a vendor account line item display. a plant can be assigned to many company codes 119. a company code can have many business areas c. customer. use dunning key to limit the maximum level b. none of the above 121. 001 and 002 b. 000. the use of business area is optional b. sort variant b. business areas must be assigned to company code in the IMG c. the SAP entity used to distinguish and control the process is called a. vendor. you choose a different a. vendor. a chart of accounts can be assigned to multiple company codes d. Which of the following statements may be false with respect to a business area a. testing client 777 and training 999 . vendor. client 001. material c. client 000. line layout d.113. asset. 000 .
the highest technical entity in R/3 d. What are all the possible meanings of the word ‘client’ that have been used a. company code c. the maximum no. a company code must always be assigned to a company e. a company can have many company codes c. a company code can have many companies c. a company code need not be linked to an operating concern e. For a user with two us er ids to the same SAP R/3 client. user. business area d. applic ation menu and help menu e. main menu. Which of the following entities are optional to implement the core financial module of R/3 a. data base. an individual PC in which batch inputs are done for uploading to SAP at a later date c. The menu hierarchy in standard R/3 system is a. six b. a company code can have many sales organizations 126. company b. sub menu. data base and customer of R/3 124. data. the front end presentation PC which interacts with SAP system 123. a company code can have many plants b. application. application menu and user menu 129. twenty four . client. plant e. main menu. the data server e. enterprise cont rolling 125. company code 128. a sales organization can be assigned to only one company code b. eighteen e. The three tier in R/ 3 system is represented by a. task menu and help menu c. controlling area c. customer and application b. operating concern b. Which of the following statements is always false wit h respect to a company code a. client menu. an operating concern can indirectly contain only one company code 127. a customer implementing R/3 system b. user and application c. system menu. of sessions that could be open are a. applic ation menu and task menu b. Which of the following statements are always true a. programs d. twelve d. a company must be linked to a controlling area d. main menu. R/3 application and data base e. plant e. nine c. application menu and help menu d.122. a company code can be linked to only one cont rolling area d. presentation client. The entity in R/3 to provide financial statements and results at the lowest level is a. controlling area d.
business navigator d. functional area e. business engineer e. concept check tool d. the implementation guide b. company b. Q&A Db 137. language. password.130. controlling area d. client id. Which of the following is not seen by the user normally in the status bar of the SAP screen a. password b. A user has multiple sessions open and when open of the session is closed by the user a. The ASAP CD contains a. the business blueprint document must be prepared b. and warming messages 132. user id. language 131. error. sessions manager 136. the system does not automatically save the dat a/information of the session being closed b. the implementation assistant c. user id. implementation assistant c. language d. client. advances in business applications programming b. password. business navigat or e. client. data server name/id d. The order of fields as they appear during the log on to an R/3 system is a. the implementation guide b. user id/name e. advanced business for advanced program e. Which of the following entities cannot be directly assigned to a company code a. client. The configuration of the R/3 is done through a. client number/id b. system always prompts for saving the data in the session being closed c. user id. password c. enterprise scope area document must e prepared for initial project planning c. system prompts for saving the dta of the session being closed at the time of user log-off from the system 133. system always automatically saves the data/information of the session being closed without prompting’ d. advanc ed business applications programming d. technical requirements planning must be taken up . Which of the following statements are true regarding ASAP – project preparation phas e a. applications in business and advanced program c. business area c. session number c. financial management area 134. advantage in business applications programming 135. project plan must be prepared d. ABAP stands for a. the project kick off meeting is very essential to involve all the key users and project team members to communicat e the objectives and mission of the project e. information.
when customer inputs are updated on the Q&A db. c) resetting of cleared entries will not do anything. While parking a document. same chart of accounts d. Various company codes access a controlling area should have a. same currency b. external consultants must always carry out quality control 140. Which of the following are correct: a) resetting of cleared items creates more entries in the system. user data and transaction data e. What are the three data types in SAP a. the standard reference model of R/3 system cannot be directly accessed from the Q&A db d. Payment advic e is a note of approval and cannot be used in payment of vendors 150. GR/IR clearing has to be done only manually 148. he volume and stress test must be conducted on the same system in which user training is done b. table data and server data 141. Which of the following statements re true with respect to testing and quality reviews as recommended by SAP a. master data. table data. Which of the following are true wit h respect business blueprint phase a. another number is created 144. and has got no separate master data of amount limits . master data. and user data c. Number range in FI are at company code level strictly and year dependant 145. testing a tool which avoids retrospective changes and acts as an early warning system to correct the customization of business processes c. there is a direct automatic updation of the IMG for the business processes/components in scope to be customized b. table data. and balance data b. We cannot create G/L account only for chart of accounts. the power (key) users shall not be involved in the testing process as it would hinder timely completion of the activity d. a temporary document number is created 143. and transaction data d. same controlling organization structure TRUE/FALSE (142 to 159) 142. business blueprint document shall be generated 139. b) resetting of cleared items reinstates the original entries and clears the clearing entry.138. d) for reversal of check payment document with clearing. resetting is a must 146. implying there is no company code data. a list of activities to be taken up in IMG for customization is generated c. transaction dat a. there must be quality control of the first four stages before the ‘go-live’ phase e. master data. table dat a. same fiscal year variant c. master data. when the business processes are identified and updated in the system. 147. Credit management in SAP always refers to one customer. When we canc el/delet e the parked document. SAP can pay only to vendors 149.
when they post to previous year at the year-end. menus. Is it possible to customize this? 157. You can find transaction code for the function you are working in under ________ option of __________ menu 169. different document types were created. Is it possible to give this option in SAP? 155. messages 170. _______________ area is business unit where cost accounting is carried out in SAP . SAP first posts to G/L. Is it possible? 156. _______________ command is used 168. User specific settings are done in ____________ option of ___________ menu 171.151. Is it possible to book a vendor invoice – 30% due in 30 days. Customer wants a warning message to be given to all users. then. functions. If the address of a company code needs to be changed. TRUE/FALSE 164. What are the new dimension products of SAP in cooperative business scenario? 166. What are the three elements (servers) of R/ 3 system? 161. Customer wants some standard texts to be maintained and noted which will be selected b y the users while entering G/ L line items. Can it be posted through bank reconciliation statement entry or does it need a separate journal entry to be passed? 159. 50% due in 15 days and 20% aft er a year? 154. a Gujarat surcharge is passed at central level and is customized. As per customer requirements. What are the two major elements of mySAP. Bank has debited the cash credit account interest and mentioned same in the bank statement. What is long form of BAPI? 163. Is it possible? 158. c) one needs to go to financial accounting – company code – global paramet ers. a) one needs to go to enterprise structure and at definitions. Now he wants to get it automated while doing transactions like invoice and credit memo for vendor and customer. What are the five milestones in ASAP methodology? 165. Creating of bank master is always at a country level 152. change the address. Highest level element of all organizational units is the _________ 172. But the condition was that it is valid only up to 31-3-2002. ________ key is used for help on fields. In India. and change the address 153. All the data and programs are stored in_____________ server in R/3 162. To delete the current session.com? 167. BAPI is assigned to one and only one business object. and change the address. b) one has to go financial accounting global settings. and then to sub ledgers 160.
Purc hasing is done by ____________ organiz ation for a ___________ 184. In case of ___________ number range. Name them. TRUE/FALSE 176. More than one cash journal can have the same cash account TRUE/FALSE 191.173. More than one plants can be attached to a single company code. ____________ is the main criteria for defining an asset 189. ____________ are used to keep more than one valuation basis for depreciation 190. TRUE/FA LSE 183. 198. A field status within an FI document is controlled by three factors. Receivables and revenues are posted when ___________ document is created in sales and distribution module 188. In case of G/L account. Name them 177. TRUE/FALSE 196. TRUE/FALSE 195. One number range can be assigned to several document types. same document number will be taken for new fiscal year 194. Company code is ____ character __________ 175. _________ chart of accounts is used for consolidation 181. Several company codes can use the same posting period variant. Vendor account is defined at _________ level 182. TRUE/FALSE 187. Posting keys are defined at __________level 197. annual displacement indicator is used. Fiscal year variant can be of t wo types. One doc ument type can have more than one number range. TRUE/FALSE 174. In case of non-calendar fiscal year. number ranges are attached to G/L account. What are the three steps for standard procedure for posting procurement transactions in FI? 185. Document number range can be ____________ and __________ 193. One company code may contain several sales organizations. ___________ & ________ are two segments of a chart of account 179. Business areas are company code dependent. TRUE/FALSE 199. TRUE/FALSE 178. TRUE/FALSE 180. ___________ is the dat e from which the due dat e is derived . ______________________ are two elements of an SAP FI document 192. One chart of account cannot be assigned to more than one company code. _____________ is central organizational structure in profitability analysis 186.
items that cannot be paid are detailed in the exception list 215. viz.200. select open invoic es to be paid or collected. Which of the following statements are true a. While posting a parked document. proposal. TRUE/FA LSE 205. The field identification is used to run print program . You can close a fiscal year even if you have parked documents. run date b. If an account is managed with open items. print b. program. once the parameters have been specified. TRUE/FALSE 204. Validations are performed before substitution. Reconciliation account type for vendor is ____ and customer is ____ 210. select open invoices to be paid/collected. All R/3 applications and functions process exchange rates using ______ and _______ quotation 206. post payment doc uments/print payment media c. If customer invoice is created in SD. then payment terms from __________ segment will be defaulted 201. then ___________ must be activated 211. automatic options to the users are a. identification 217. ____________ posting is one of the methods of document reversal 202. Each business event creates an accounting document within R/3 d. R/3 can assign the document numbers always b. In the payment process. there are four steps in payment proc ess.. the print program is scheduled to generate payment media 216. print payment media 214. The run date is recommended to be the actual date when the program is executed b. Which of the following are true. post payment doc ument. document number is changed. Which of these statements on document principles are correct? a. TRUE/FALSE 203. A business event triggers only one document within R/3 c. _____________ keys contain further specifications for account assignment in tax calculation procedure 207. R/3 will link relat ed documents in the system 213. Base amount is either _____ or ________ item 208. a. Which of these statements on payment program are correct a. Tax code contains the ________ 209. company codes are attached to __________ and business areas are attached to ______________ 212. post payment document b. In consolidation. only line item payment block is removed during the payment proposal c. parameters. any payment block can be removed in payment proposal edit b. E very run of the payment program is identified by two fields a.
The maximum dunning level can be defined in the dunning procedure is a. without maintaining the value date in bank selection. Which of the statements are true in respect to configuration of payment program bank det ermination area a. which of the statements is true a. If we are using check management. sending company code and paying company code are same always b. six c. Which of the following statements are true in respect to payment program configuration in all codes area a. the G/L account names for house banks could be the bank name and account number d. by specifying the vendor/customer special G/L transaction to be paid. one time accounts cannot be dunned b. dunning dat a is updated in master records 224. by activating payment method supplement. the G/L account names for house banks are defined in bank directory e. we can edit proposal b. dunning procedure can process only standard trans actions d. the G/L account name for house banks must match the names given to the house bank in the bank directory b. nine 226. Which of the following statements are correct a. An item whose days in arrears are smaller or identical to the grace periods. bank/payment method combination is must to define ranking order c. after completing the dunning proposal list. Which of the following statements are true a. deleted and recreated as often as desired d. a payment method can only be used if it is entered in the account master record c. TRUE/FALSE . all company codes in the payment run paramet ers must be in the same country b. at company code level. the exception list is a part of the payment proposal 223. define check lots in order to print checks b. system will not process the payment 221. check lots are used only for automatic payments 222. dunning program will consider for the dunning notice. the G/L account names for house banks are us er definable c. we can assign two dunning procedures to customer master records c. we can recreate the proposal until the dunning clerk is satisfied with the result d. the payment proposal can only be edited. four b. system will not process the payment b. interest can be posted at the time of dunning 225. When running the dunning program a. without ranking order.218. True/ false a. we can print and sort payments 220. we can process specified special G/ L transaction only c. G/L account names for house banks can be different from those in chart of account 219. we cannot delete the proposal c.
define hierarchy levels and assign accounts 231. we cannot specify per dunning level that interest is to be calculated b. enter it in the directory of financial statement version b. we cannot assign account group according to balance c. the dunning procedure in the customer master record for the next dunning run 229. the dunning level in the customer master record c. both of the above 233. only balance sheet items c. Foreign currency valuation is possible a. Depreciation posting can be executed a. the date of the last dunning run in the customer master record b. What information does a dunning run change? a. allocating costs to financial accounting through external settlement. we cannot print a dunning notice in a legal dunning procedure. Which of these statements are true a. currency is a required field entry while creating G/L master .227. maximum limit is 9. To set up the financial statement version in your company. TRUE/FALSE TRUE/FALSE (237 to 281) 237. direct FI postings c. the G/L is updated online/realtime 235. when we are valuating open items without update for reversal of the adjustment posting after key dat e. although no further account movements have occurred c. drill down report is a tool that enables to analyze sub ledger transaction figures only 232. we can calculate interest on G/L accounts under interest on arrears method b. any one of the above 236. Which of the following statements are true a. we can set a minimum amount for the dunning charges on each dunning level 228. only vendor/customer open items b. through normal transactions c. from (layout set) specifications in the customer master record for the text in the next dunning letter e. when we have regrouped the rec eivables/ vendors. both of the above 234. user can define another posting date in place of key date +1 b. Individual value adjustment for doubt ful receivables are possible a. G/L master record is always for all company codes in the system 238. system carries out adjustment postings c. Which of the statements are true a. through batch input session b. the dunning level in documents for which dunning notices are created d. Two steps to define financial statement versions are a. through special G/ L transactions b. Which of the following statements are false a. a financial statement version consist of maximum 9 hierarchy levels b. each interest id must be assigned on interest calculation type 230.
all special G/L transactions are posted to G/L accounts 251. tax codes are time dependant 243. juris diction codes are not used at all while creating tax codes 244. in AP and AR. reversal of voided checks is a standard functionality of SAP 260. it is not possible to use two check series for making payment 258. payment to anybody by passing a G/ L entry without AP/AR is a standard functionality of SAP 266. it is possible to get the report of customers created by a user in a company code 252. clearing does not create any document 253. down payment creates another ent ry without any link to the original ent ry 256. payment terms are company code dependent 248. partial payment creates another entry without any link to the original entry 255. it is not possible to create a due date for a down payment 262. SAP does not allow bill of exchange accounting 263. 240. reconciliation account definitions are available in general data of vendor master 246.239. residual payment creates another entry keeping all entries open 257. posting key is linked to field status in FI posting 265. it is not possible to calculate the due date on fixed dates like end of month with days calculation 249. payment request clears the entries in AP and AR 264. tax codes are creat ed at company code level 242. SAP cannot automate the payment method entry into the vendor invoice entry screen 250. we cannot control the postings to the G/L by way of tax codes entry for a G/L account. payment cannot be made by adjusting a special G/L transaction which is posted in G/L 254. account group cannot be created with external number range 245. it is not possible to show the checks with a value range and issued by a user 261. bank statement ent ry into the SAP does the automatic clearing . tax codes are creat ed and operated at country level 241. it is not possible to void unused checks 259. reconciliation account definitions are available in payment data of general data in customer master 247. we cannot create manual checks for payment to business partners and update in the system 267.
in case of foreign currency translation rates 275. same group COA d. field status group d. we can ent er the entries like bank debits for bank charges. same country COA c. which will make a direct posting into the G/ L 269. it is possible to define the standard translation method of foreign currency in the posting key 274. value date. payment to vendor of a specific bill cannot be blocked in SAP 281. chart of accounts view of G/L account keeps the data like general data in customer account – common data 270. account type b. it is user definition whether SAP will control the open item selection 276. posting key . and hands it over to the company which is running with SAP with all modules. through bank statement ent ry. same operational COA b.268. partially true b. Company codes attached to the same controlling area have a. commission. completely false 284. etc. document type c. every transaction results in a document a. completely true c. it is a real problem in SAP-in financial statement version we are not able to find the G/L accounts which are not assigned 277. posting date. physical invent ory is a MM/PP module transaction and hence no accounting entry is passed in G/L but real stock is adjusted in MM/PP 280. system date and due date in the entry screen of customer/ vendor invoic e are the same 273. whenever an FI entry is made. Customizing is available in G/L master and field status groups 271. all FI entries will be repeated in CO module also 279. different operational COA 283. it is not possible to see document currency and company code currency at the same time during document display option 272. base line date. system allows you to enter the date interval – from and to. document date. MIS reports based on financial books like ratios can be done through financial statement version 278. customer makes multiple checks for one invoice. we want document header text to be a mandat ory entry. the field status of the text field in the header of a document is controlled by’ a. It is not possible to enter in SAP by keeping all the check details and updating against one invoice 282.
completely true c. partially true b. partially false c. completely false 288. the rule that was created first takes priority 294. transaction/activity type d. validation takes priority c. partially true b. substitution takes priority d. a primary cost element needs to be created immediately if the company code is assigned to a controlling area a. completely true b. completely true b. completely true b. account type c. partially true c. completely false 289. the cross company code transaction number is taken from its document type a. completely false 295. completely false . Cross company posting is possible for companies with different COA a. account group b. whereas the hold data function does it till the session is on a. for every G/L account. completely false 291. the rates of tax is defined in the account key a. completely true c. the field status of the fields in the company code data are controlled by a. ‘set data’ sets the dcata permanently in the system. The transaction figures in a document need to match 286. partially false c. partially true b. It causes an error b. completely true b. the field status of the field group account number in the G/L master is controlled by the account group a. SAP supports a minimum of 1 line item (except for noted item) c. Reconciliation accounts are updated on a daily basis a. completely false 293. Completely true b. Completely false 287. completely true c. chart of accounts 290. completely false 292. which of the statements are true a. when the same field has both a validation rule and a substitution rule a. partially true c. SAP supports a maximum of 999 line items b.285. the alternative account number is a free flowing field a.
partially false c. completely true b. completely true b. creating line items for account types whose posting period is open 306. partially false c. display d. completely false 303. partially true c. completely false 298. then the field business area in the account assignment screen can be a. optional c. completely true b. completely false 299. completely false 300. a fiscal year that is a same as a calendar year needs a year dependent fiscal year variant a. completely false 301. partially true c.296. completely true b. completely true c. every company code can have only one cash journal a. if business area balanc e sheets are enabled for a company code. the document number range for reconciliation accounts can have external numbering a. completely false 304. every line item of a document needs to have a unique posting key a. field status groups are created at the client level a. partially false c. creating all line items for the posting period c. completely true b. completely true b. there can be any number of posting periods open for a company code a. partially true b. partially false c. many business areas can be assigned to one company code a. partially false c. completely false 305. keeping posting period for account type + open allows a. posting periods can be closed automatically by giving a deadline date a. completely true b. required 302. creating line items for account types which have been assigned to + d. completely false 297. creating a document header for the posting period b. a vendor invoice needs a GR to be posted a. suppressed b. completely true b. completely false . partially false c.
307. a group COA d. account key c. tax code d. completely true b. every house bank needs to have at least one account id a. every company code must have a. base currency is assigned to the company code a. completely false 312. completely false 316. partially false c. partially false c. partially false c. all of the above e. the document date b. posting dat e c. any of the above 311. completely true b. for getting the transaction figures for an account line item display needs to be activated a. entry date d. completely false . completely false 308. partially false c. documents cannot be reversed a. the account group must be for P&L items for accounts which are P&L accounts a. completely true b. and all accounts under the house bank have the same G/L account a. a country COA c. condition types b. at least two COAs 314. operational COA b. tax procedures 313. if document type does not allow negative postings c. completely true c. if the document type does not have a reversal document type attached to it d. all line item display accounts need to be open item managed a. completely true b. completely true b. completely false 315. completely false 309. partially false c. bank G/L accounts are assigned to house banks. if no reversal reason is created and assigned 310. if the company code does not allow negative postings b. tax calculation rules are controlled by a. base line date is a. partially true b. partially false d.
must be in a period lesser than the posting date d. deleted and archived from the system c. general level only c. where can the vendor master be created a. general and purchasing organization levels only 321. cleared. the reconciliation account for the special G/L transactions is defined per company code c. FI module only b. cleared and delet ed from the system b. centrally b. completely false 318. none of the above 322. general ledger account only d. must be in the same period as the posting date b. FI. special G/L items post into a separate reconciliation account b. are always available for credit control 319. which of the following statements are true a. completely true b. sub ledger only b. cleared in the system d. When the automatic clearing program is executed. must be in a period higher than the posting date c. the base doc uments are a. MM and S D modules 325. all of the above 323. posting using the special G/L indic ator updat es a. the user can create his own trans actions types for cash journal business transactions a. statistical postings create only one line item 320. FI & MM modules d. can be in any period independent of the posting dat e 324. the automatic payment program can be run for a. vendor invoices can be entered in a. MM module only c. company code and purc hasing organization levels b. in the MM module only c. general. in the FI module only d. none of the above 326. vendor accounts only customer accounts only b. noted items a. the document date a. company code only d. partially false c. sub ledger and the general ledger accounts c. need to be identified in the special G/L trans action type as a noted item c. create only one line item b. The vendor master contains data at a. all of the above . vendor and customer accounts c.317.
19 328. house bank ids can be a. posting to an expense account needs a. none of the above 333. alpha numeric d. which of the following posting keys is relevant for accounting bills of exchange of a vendor a. reduces the value in the original invoice line item c. in the standard system the posting key 25 refers to a. 10 c. 21 c. 12 d. creating debt provisions only d. which of the following are valid additional account assignments a. credit to customer account b. 39 d. the dunning program can be configured for a. generates a new line item b. 6 b. alphabets only b.327. sending reminder letters and creating debt provisions c. 11 b. project b. what is the maximum permissible length of an internally generated vendor number a. a cost and revenue object assignment c. general and sales organization levels only 334. debit to vendor account d. debit to customer account c. sending reminder letters only b. none of the above 329. general level only c. credit to vendor account 335. cost object assignment b. a residual item posting in the vendor’s account a. the customer master cont ains data at a. 18 331. numeric only c. generates a parking document 330. revers es the original line item d. any of the above 332. company code and sales organization levels b. company code only d. general. allocation c. revenue object assignment d. payment term d. any of the above .
any of the above 340. an actual entry in the vendor accounts d. customer. Incoming payments a. 19 341. G/L. 19 343. interest calculation can be done for a. G/L c. which of the following sequences of creating master accounts is logically correct a. 09 d. can post. 05 c. Bank. where can the customer master be created a. 05 c. in the SD module b. vendor accounts b. G/L accounts d. can clear without posting c. 01 b. the address details are entered as a part of the transaction d. None of the above 338. customer accounts c. a noted item posting in the vendor or customer accounts b. customer b. none of the above 337. Customer. in the FI module c. clear and delete the base invoices d. G/L. when posting to a one time vendor or customer a. which of the following posting keys is relevant for accounting guarantees received from a customer a. 09 d. 01 b.336. All of the above 344. 09 d. which of the following posting keys is relevant for accounting bills of exchange of a customer a. an actual entry in vendor and customer accounts 339. centrally d. 01 b. none of the above . the address details have to be entered into the master before the transaction is entered c. 05 c. A down payment request makes a. it is not possible to store the address details b. bank. bank d. an actual entry in the customer accounts c. can post and clear vendor and customer line items b. which of the following posting keys is relevant for accounting guarantees given to a customer a. 19 342.
14 c. one account can be posted to by only one number range d. which of the following statements is true a. sort key b. what is the maximum possible length of an internally generated customer number a. one chart of accounts can contain only one chart of accounts 349. what field on the customer master rec ord controls whether we will accept an incoming payment for less than the amount invoiced a. G/L account no 350. company code and profit center c. document date d. 16 d. payment method d. the document is posted with the actual document number d. 52 352. 100 d. 10 c. one number range cannot be used by multiple document types . 999 353. 6 b. tolerance group c. the document is posted with a temporary document number account number 351. 24 346. which of the following fields can be changed in the document change mode a. posting dat e c. one document type can use multiple number ranges c. the actual document number is generat ed but the document is not posted b. 50 c. what are the organizational entities for which the profit and loss statement and balance sheet can be generated a. 12 b. which of the following statements is true a. of periods available in a fiscal year a. profit center and business area d. what is the no. allocation b. cost center and profit center 348. a temporary document number is generated but the document is not posted c. company code and business area b.345. one chart of accounts can be used by multiple company codes c. bank key 347. When a document is parked a. 18 d. one document type can use only one number range b. one company code can use multiple chart of accounts b. what is the maximum no. 2 b. of line items allowed in an accounting doc ument a.
when the business area clearing closing procedure is run d. any accounting document can be reversed b. 18 355. none of the above 362. 6 c. multiple cost centers d. never c. always b. can be any currency b. a parked document can be a. must be the currency defined in the G/L master . 8 c. when is the business area level balance sheet self balanced a. only documents with external numbering can be reversed d. deleted c. multiple business areas c. 10 d. a transaction can span a. each line item c. posted d. posting key level only b. 12 359. 6 b. 9 d. 3 b. all of the above 361. posting key and G/L account levels c. the document currency a. is the currency of the chart of accounts d. what is the maximum permissible length of a G/L account number a. modified b. must be the company code currency c. only documents posted through the parking method can be reversed c. the currency for a document is determined for a. when the materials management period closing is complet ed 358. a group of line items d. G/L account level only d. which of the following is true a. multiple company codes b.354. the fields available for posting in a transaction are controlled through the field status group at a. all of the above 357. None of the above 356. only documents with internal numbering can be reversed 360. what is the number of sub levels at which accounts can be grouped in the financial statements version a. the whole doc ument b.
363. R/3 is called so because a. it integrates three basic modules. BAPI and RCF . HR & PP modules only 367. FI module only b. generates accounting transactions only d. What is meant by the option open items management in a G/L account master record a. none of the above 369. an account with automatic posting only indicator can be posted from a. optional ent ry in every transaction d. it requires three servers b. what is meant by the option line item display in a G/L account master record a. 006 366. what dictates whether a document line item requires a tax code a. items on that account can never be cleared b. CO module only d. can be ent ered by the user b. items on that account can be cleared c. none of the above 370. the automatic payment program a. it has three tier architecture representing GUI. Specific modules other than FI c.. generates payment orders only b. 003 c. none of the above 368. only balances can be displayed c. FI. what sort key is used to sort line items by document currency amount a. 001 b. it has three tier architecture representing database. logistics and HR c. application and front end presentation d. the local currency of a transaction a. viz. This reduces process time b. is always the company code currency c. is the currency of the chart of accounts’ d. Benefits of integration are a. eliminates duplicate entries d. rather than consecutively. none of the above 365. tax code in the vendor/customer masters b. 005 d. processes can be done concurrently. is determined by the country field in the customer/ vendor masters 364. single entry accounting becomes easier 371. no balances are available for that account d. data moves through internet plat form and access becomes faster c. line items and balances can be displayed d. generates payment orders and accounting trans actions c. tax category in the G/L master c. only line items can be displayed b.
COTM b. it is a must to create company code before any transaction processing a. business area is a legal entity for which you need a balance sheet a. COP C. GL.PP.HR.SD.LC. SD.MM.COCCA c.TR c.CCP C.LC.COPA. TR. GL. completely false d. Main components of CO are a. completely false d. In standard business process of a manufacturing organization a sales order would trigger in another application a. TR. It is a must to create group company before any transaction processing a. PR-MRP-GR. COOM. partially true c. PR-PO-GR-INVOICE VERIFICA TION-VENDOR PAYMENT d.WF.TR.CPPA d.PP.MM.INVOICE b. TM 375.LC. completely true b.QM.QM. partially true c. FI.WF.AA.PS.ECP CA.HR 373. partially false 380.AP.EC.QM. TR b. Goods delivery 374. PP. partially true c.IS b.PM. completely true b.PS. completely true b. MRP c.TR. partially true c. MPS b.AA.SD. partially false 381.CO.IS. COOM. client is the highest level organization a.AR.COPA.PP. TR.CO. PR-PO-GR-INV OICE VERIFICA TION c. completely false d. partially true c. completely false d. completely true b.AP. FI. FI.HR. partially false 378.COPA d. Purchase requisition d. completely false d. Main components of FI are a.AR. CO.AR.AA.COP C.CO. CM d. GL. partially false .AR.AA. PM.QM. many company codes can be attached to one plant a.HR. completely true b.WF. COOM. COP C. The sequence of business processes (related to RM or Prod.MM.ECP CA. TR. COOM.ECP CA 376.AP.PM. partially false 379.EC c.COPA. PR-PO-GR-INV OICE VERIFICA TION-RE CEIP T OF DIS COUNT FROM VENDOR 377. COP C.PS. FI.) in MM can be described are a. application modules supported by R/3 include a.IS.MM.PM.SD. GL.372.
company code parameters c. completely false d. many company codes can be assigned to one controlling area a. by the SD and A R components to provide integrated credit management b. completely false d.382. credit control area may consist of one or more company codes a. user profile b. partially false 391. partially true c. completely false d. operating concern can encompass several controlling areas a. partially false 386. completely true b. processing repetitive transactions c. completely true b. Variant creation helps in a. session managers d. partially true c. completely false d. transaction menu of information system b. completely true b. master creation of reports c. transaction dat a is core information that is shared across applications a. partially false 385. partially true c. partially true c. partially true c. completely false d. Standard report functionality 389. by FI/AP to prove credit wort hiness to vendors c. partially false 383. to be a standardized selection criteria for repetitive use required to run program 390. completely true b. partially true c. terminal 388. customized report trees are created through a. IMG d. credit control area is used a. calculating variance between actual and standard b. the user specific defaults are possible if setting is done in a. to coy repetitive field values in master creation d. completely false d. independently by FI to monitor customer credit d. completely true b. partially false 384. partially false 387. completely true b. credit control area is a concept in CO a. master data is created with the help of IMG a. independently by SD to monitor customer credit .
house banks are banks a. to determine which fields should be suppressed. G/L account code in one to many relationship c. three chart of accounts b. company code global parameters b. to determine which fields should be suppressed. in grouping the accounts with specific logic and assign specific number interval 395. the same chart of account can be assigned to several company codes c. partially false 399. the company specific features can be maintained in company code areas d. required or optional while processing transactions and master both d. two charts of accounts c. Several secondary cost elements to group them d. data can be distributed and easy to proc ess b. 3 documents c. completely false d. only one chart of account d. completely true b. evaluation of costs which cannot be itemized in detail cost element or cost center accounting d. master data of ledger account from operating chart of account c. It is a must to assign a standard hierarchy in cost center master a. group company details d. there are two areas-chart of account and company code-in which G/L account master has to b e created because a. costing of product 400. for every transaction. country details 394. statistical order permits a. a chart of account called as operating chart of account 393. G/L account code in one to one relationship b. partially true c. which are used by the company code in which they are created b. primary cost element is related to a. required or optional while creating master in company code area c. Internal order 398. which are nationalized 397. a company code can be assigned with a. settlement to cost center b. required or optional while processing transaction b. located in the same building where company is located d. 1 document . which are used by customers/ vendors c. association between numbers from group chart of account and/or country/alternate chart of account can be established in a. 4 documents b.392. 2 documents d. account groups which are assigned in account master creation helps a. creation of G/L can be done in two stages 396. to determine which fields should be suppressed. system generat es at least a. application of overhead to them c.
coding block and line items 404. only externally assigned by user c. number range id is assigned in a. Accounting document 402.S. document line item 407. document type.L 408. A.S c. following are the account types a. header and line items d. open item and line items c. false 405.K. global parameters of company code . either externally or internally d.T d.S.M. account type.M. fiscal year variant d. account type and field status of the transaction 410. document type c. debit/credit. document has the following sections a. account group and field status of the transaction d. account groups to which account numbers belong b. Number range can be defined as a. false 406. which also triggers accounting document b.D. true b. document type allows more than one account types while processing the particular document type a.S.401.M. Purc hase order creation is an example of transaction a.D. both externally and internally at the same time 409.K. material document b. posting period variant b.D.D. posting keys determine a. only internally system generated b. debit/credit. which triggers document in PP 403. transactions which have a financial impact generate along with other documents a. true b. document header d. A. SD document c. field status variant c. which does not creat e any accounting document c. title and details b. the relationship between calendar months and posting period is defined in the properties of a.P.K. which creates document in SD d. account type b.B. document type is assigned in the line item section of document a. A. A.S b.M. System document d. account type and field status of the transaction c.K.
company code global parameters and reas on code parameters d. vendor. from which due date is calculated depending on the settings in payment terms c. only in document type. account group which can be assigned to the account code b. negative posting indic ator needs to be checked a. customer. document type d. only in company code global parameters and reason code properties c. or asset can be used in a line item of transaction posting c. true b. none of the above 415 field status variant and posting key both determine field status in a. G/L fast entry screens b. Customer or vendor master c. G/L master b. None of the above 420 Base line dat e is a. material. only recurring ent ries d. 16 regular periods d. changed b. none of the above 418 following and the FI functionality offered for speedy posting a.411. none of the above 416 negative postings cause transaction figures of the account a. company code segment of master data d. none of the above 417 for negative posting. only in document type b. document type which can be used 414 account group in the context of G/ L account determines status of fields in a. 16 special periods 413 account type essentially controls a. chart of account segment of master dat a c. unchanged c. Transaction processing for customer/ vendor d. a date on which payment becomes due b. only G/L fast entry screens c. posting with reference. none of the above 419 Terms of payment can be assigned to a. tolerance level of the accounts involved d. recurring entries. only one company code can be attached to a posting period variant a. double d. maximum 12 regular posting periods and 4 special periods b. none of the above . company code segment of master data c. which account-G/L. any number of posting periods c. account assignment models. chart of account segment of master dat a b. a base date after which discount lapses d. transaction b. false 412 fiscal year can have a.
none of the above 427 updating of reconciliation account a. payment term d. local currency 423 validations are used a. none of the above 429 Customer master is divided into a. to validate the data being entered is meeting certain criteria when certain prerequisites are met d. happens on a daily basis b. which can be used to complete and post subsequently the documents which are incomplete b. to hold the document for the new session c. settings in company code b. happens after the end of the posting period d. none of the above 424 parking of document is a functionality a. to support data ent ry c. payment method 422 currency assigned in company code master is a. to process documents faster d. none of the above 428 customer and vendor master can b e maintained a. transaction currency b. none of the above 430 Function of toleranc e group is a. to generate payments b. credit management settings c. salas organization and production d. none of the above . customization of fiscal year b. none of the above 425 dunning proc ess is used a. is to set tolerance level for foreign exchange b. grouping toleranc e levels of specific nature d. two sections-company code and sales area b. to remind customer/ vendor of account arrears c. group currency c. hard currency d. definition of posting period variant d. three sections-general data. to remit the payments d. is to define us er groups with different amount limits for documents and line items c. only in FI b.421 Due date and cash discounts are dependent on a. customization related to opening and closing of posting period c. none of the above 426 opening and closing of posting period is done a. is real time update c. centrally as well as in respective functional areas d. four sections-general data. only in SD/MM c. company code and sales organization c. to substitute values in fields b. company code.
50 b. business area level b. company code level c. false 433 the standard posting keys used for G/L posting are a. client level d. one has to post two documents individually b. none of the above 432 every company code must have its own document type a. posts a document in one company and system generates another doc ument in concerned company wit h common link of cross company code transaction number c. none of the above . 39 d. 19. 40. true b.431 posting keys are defined at a. system links documents based on user given number in cross company code transaction field d. 20and 40 c. 50. none of the above 434 in case of cross company code transactions a.