ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING

FI PAPER: 3
1. Whch of the statements on document prncpes are correct?
a. each busness event creates an accountng document n R/3
b. a busness event mght trgger more than one document n R/3
c. R/3 w nk reated documents n the system
2. In the payment process, automatc optons to the users are
a. seect open nvoce to the pad or coected, and post payment documents
b. post payment documents and prnt payment meda
c. seect open nvoces to be pad or coected, post payment documents and
prnt payment meda
3. Whch of the foowng are true
a. any payment bock can be removed n payment proposa edt
b. ony ne tem payment bock can be removed durng the payment proposa
c. tems that cannot be pad are deeted n the excepton st
4. Whch of the statements on payment program are correct
a. there are four steps n payment process: parameters, proposa program run,
prnt
b. once the parameters have been specfed, the prnt program s schedued to
generate the prnt
5. Every run of the payment program s dentfed by two feds - run date and
dentfcaton. TRUE/FALSE
6. Whch of the foowng statements are true
a. the run date s recommended to be the actua date when the program s
executed
b. the fed dentfcaton s used to run prnt program
7. Whch of the foowng statements are true
a. the G/L account name for house bank must match the names gven to the
house bank n the bank drectory
b. the G/L account names for house banks are user-defnabe
c. the G/L account names for house banks coud be the bank name and account
number
d. the G/L account names for house banks are defned n bank drectory
e. at company code eve, G/L account names for house banks can be dfferent
from those n chart of accounts
8. Whch of the foowng statements are true n respect of payment program
confguraton n a company codes areas
a. sendng company code and payng company codes are same aways
b. by specfyng the vendor/customer, speca G/L transacton to be pad, we can
process specfed speca G/L transactons ony
c. by actvatng payment method suppements, we can prnt and sort payments
9. Whch of the statements are true n respect to confguraton of payment program,
bank determnaton area
a. wthout rankng order, system w not process the payments
b. bank payment methods combnaton s must to defne rankng order
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ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING
FI PAPER: 3
c. wthout mantanng the vaue date n bank seecton, system w not process
the payments
10. If we are usng check management, whch of the statements s true
a. defne check ots n order to prnt checks
b. check ots are used ony for automatc payments
11. Say true or fase
a. a company codes n the payment run parameters must be n the same
country
b. a payment method can ony be used f t s entered n the account master
record
c. the payment proposa can ony be edted, deeted and recreated as often as
desred
d. the excepton st s a part of the payment proposa
12. Whch of the statements are true when runnng the dunnng program
a. we can edt proposa
b. we cannot deete the proposa
c. we can recreate the proposa unt the dunnng cerk s satsfed wth the resut
d. after competng the dunnng proposa st, dunnng data s updated n the
master records of respectve customer/ vendor
13. Whch of the foowng statements are true
a. one tme accounts cannot be dunned
b. we can assgn two dunnng procedures to customer master records
c. dunnng procedure can process ony standard transactons
d. nterest can be posted at the tme of dunnng run
14. The maxmum dunnng eves can be defned n dunnng procedure are
a. four
b. sx
c. nne
15. An tem whose days n arrears are smaer or dentca to the grace perods,
dunnng program w consder for the dunnng notce. TRUE/FALSE
16. What nformaton does a dunnng run change?
a. the date of the ast dunnng run n the customer master record
b. the dunnng eve n the customer master record
c. the dunnng eve n documents for whch dunnng notces are created
d. form (ay out set) specfcatons n the customer master record for the text n
the next dunnng etter
e. the dunnng procedure n the customer master record for the next dunnng run
17. Whch of the statements are true
a. we can cacuate nterest on G/L account under nterest on arrears method
b. each nterest d must be assgned an nterest cacuaton type
c. R/3 uses same nterest cacuaton ndcator for each combnaton of nterest
varabes, such as cacuaton frequency, caendar types, currency
18. Two steps to defne fnanca statement versons are
a. enter t n the drectory of fnanca statement verson
b. defne herarchy eves and assgn accounts
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ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING
FI PAPER: 3
19. Whch of the foowng statements are fase
a. we can not specfy per dunnng eve that nterest s to be cacuated
b. we cannot prnt a dunnng notce n a ega dunnng procedure, athough no
further account movements have occurred
c. we can set a mnmum amount for dunnng charges on each dunnng eve
20. Whch of the foowng statements are true
a. a fnanca statement verson conssts of maxmum 9 herarchy eves
b. we cannot assgn account group accordng to baance
c. dr down reportng s a too that enabes to anayze sub-edger transacton
amount
21. Indvdua vaue ad|ustment for doubtfu recevabes are possbe
a. through speca G/L transacton
b. through norma transacton
c. both of the above
22. Foregn currency vauaton s possbe
a. ony for vendor/customer open tems
b. ony baance sheet tems (G/L tems)
c. both of the above
23. Whch of the foowng statements are true
a. when we are vauatng open tems wthout update for reversa of the
ad|ustment postng after key date, key user can defne another postng date n
pace of keydate + 1
b. when we have regrouped the recevabes/vendors, system carres out
ad|ustment postngs
c. aocatng costs to fnanca accountng through externa settement, the G/L s
updated onne/rea tme
24. Deprecaton postngs can be executed
a. through background processng (batch nput sesson)
b. drect FI postngs
c. any one of the above
25. We cannot seect ndvdua busness transactons for ockng from a st of a the
actua and pan busness transactons. TRUE/FALSE
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ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING
FI PAPER: 3

KEY
1. A-F, B-T, C-T
2. C
3. A-F, B-F, C-T
4. A
5. T
6. A-T, B-F
7. A-F, B-T, C-T, D-F, E-F
8. A-F, B-T, C-T
9. A-T, B-T, C-F
10. A-T, B-F
11. A-T, B-F, C-T, D-T
12. A-T, B-F, C-T, D-F
13. A-F, B-F, C-F, D-F
14. C
15. F
16. A,B,C
17. A-F, B-T, C-F
18. A
19. A-F, B-F, C-T
20. A-F, B-F, C-F
21. A
22. C
23. A-T, B-T, C-T
24. C
25. F
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