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ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 2

1. Every company code can have following combinations as chart of accounts (COA) a. one operating COA and many group COAs b. many operating COAs and one group and one alternate CoA c. one operating COA and one alternate COA d. one operating, one group and one alternate COA . Each !"# account code in group COA can be mapped to following no. of account codes in operating COA a. only one account code b. ma$imum three account codes c. many account codes d. it cannot be mapped %. Each account code in alternate COA can be mapped to following no. of account codes in operating COA a. only one account code b. ma$imum three account codes c. many account codes d. it cannot be mapped &. 'arious account groups in one COA cannot consist of common !"# account codes. ()*E"+A#,E -. +ollowing fields form part of the chart of account segment of a general ledger account master a. account currency b. account group c. field status group d. option to state whether it is a balance sheet or profit and loss type account .. Each account code in a chart of accounts is automatically available for use to all company codes using that chart of account ()*E"+A#,E /. 0hich of the following statements are always true a. one document type can have more than one no. range interval b. different no. range codes can have same no. range intervals in respect of documents c. more than one document type can have same no. range intervals d. document no. ranges are defined at client level 1. 0hich of the a. account b. account c. account d. account following statements are false groups are defined at client level groups are defined for a company code groups are defined at COA level groups are defined for a combination of COA and company code

2. 0hich of the following statements are false a. one customer"vendor account can have many reconciliation accounts b. reconciliation account can be used for the purpose of direct accounting entries by users c. all the account groups of customers can have one common no. range d. one account group of vendors can have up to three no. ranges

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A document is uni4uely identified by a. (he relationship between house ban8 and account id is the following a. can be alphanumeric b. following data is referenced from the sample account a. a vendor master cannot be created in the absence of a company code 1 . general data segment c. fiscal year d.d.b. company code c. document date e. b and c6 a. the control data in COA segment b. all company codes in the client b. document no. 7ocument types are specific to a company code 1-. many to many e. one customer can have different reconciliation accounts in various company codes c. all company codes assigned to the company to which the business area is assigned 1/. account group is not re4uired b. Customer master has following segments a. one to many c. :f a general ledger account is defined using a sample account. purchase organi5ation segment d. document nos. chart of account segment b.ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 2 13. chart of account segment is mandatory while entering a customer master 11.e 1&. many to one d. +ield status for a transaction entry is transaction dependent and account dependent c. only to the company codes to which the business area is assigned to d. 0hich of the following statements are correct a. 0hich of the following statements are true a.e6 a. for creation of vendor master. 0hich of the following statements are true a. only company code segment data 2 . various company codes can have different payment terms with one customer d. accounting data segment e. all company codes in all the clients c. and gl accounts that can be used in the document d. field status group. one to one b. one customer can have different customer codes in various company codes b. period a and e6 a and b6 a. b.. 9usiness area once defined is available for use to a. sales organi5ation data segment 1%. 7ocument type controls posting 8ey. no relationship 1.

at company level .A. only control data of COA segment 12. following information may be entered a. Customer and vendors are defined in . at company code level b. only account control and account management data in company code segment d. from posting in all company codes c. etc. from posting in selected company codes d. is bloc8ed for all the purposes in all the company codes &. ()*E"+A#. at following level a. if bloc8ed. from posting in all company codes c. range can be allotted only to one account group c. 0hile creating a sample account. ()*E"+A#. from creating in company codes b.. if bloc8ed. one account group can have either e$ternal or internal numbering system e. cannot be bloc8ed at all e.A. cannot be bloc8ed at all e. one account group can have one internal and one e$ternal numbering system %. one no.E 1. at controlling area level d. only COA segment data c. both COA segment and company code segment data d. various account groups can have same no. A different field status can be achieved for different actions such as creation of account or change in master record. A customer account can be bloc8ed for the following purposes a. range b. only company code segment data b. one account group can have only one no. entire master data 11. A !"# account can be bloc8ed for the following purposes a. from creating in company codes b. is bloc8ed for all the purposes in all the company codes 3.ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 2 c. Changes in customer or vendor master are trac8ed and can be seen in .E 3 . from posting in selected company codes d. 0hich of the following is true in terms of vendor and customer master a. only account control and account management data from company code segment e. at client level c. range d.

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