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5Student test – FI Academy – Johannesburg

1 Which of the following statements are true?


1.A mySAP.com is the collaborative environment providing personalized
business decisions on demand
1.B The “my” part of mySAP.com refers to the Collaboration through the
Marketplace environment
1.C The “.com” part of mySAP.com refers to the Collaboration through the
Marketplace environment
1.D The “SAP” part of mySAP.com refers to the Personalization of SAP
through the Workplace environment
1.E The “my” part of mySAP.com refers to the Personalization of SAP
through the Workplace environment

2 Which of the following are master data records?


2.A An account in the chart of accounts
2.B Credit control areas
2.C A cost center
2.D A vendor account
2.E Plants

3 Which of the following are organizational elements?


3.A A cost center
3.B Operating concern
3.C Credit control areas
3.D A vendor account
3.E Plants
4 A new vendor and customer master record can be created as follows:
4.A By completing the vendor/customer number, company code and account
posting key in the create vendor/customer transaction
4.B By completing only the company code and account group fields in the
create vendor/customer transaction
4.C By referencing the new account to an existing vendor/customer account
4.D By referencing the new account to an existing account group
4.E By completing the vendor/customer number, company code and account
group fields in the create vendor/customer transaction

5 The field status and screen layout of the vendor/customer master data
screens can be affected by the following factors:
5.A It can be controlled according to the account group
5.B It can be controlled by using different reconciliation account types
5.C It can be different depending on the master data transactions that is
used namely create, change and display
5.D It can be controlled according to the company code
5.E It can be controlled by selecting the automatic field duplication setting

6 Which of the following statements regarding the Fiscal year is true?


6.A The Fiscal year can be defined as Year-independent
6.B The Fiscal year can be defined as Year-dependent
6.C The Fiscal year can contain twelve posting periods and five special periods
6.D When a document is posted in the last normal posting period, the
transaction may be posted to any one of the special periods
6.E You are only allowed to use the standard fiscal year variants that are
already defined in the system
7 Which of the following statements regarding company codes are true?
7.A The fiscal year is a component of the company code global parameters
7.B The address data in the company code is required for correspondence
and is recorded on evaluation reports
7.C The language key is an optional setting to determine the chart of accounts
language that will be used by the company code
7.D The foreign country keys in the company code specify the foreign
countries with which the company will work
7.E The country key in the company code specifies which country is to be
regarded as the home country

8 What does an account group control?


8.A Alphanumeric numbering
8.B The field status of the master records
8.C The number ranges of the accounts
8.D The reconciliation account determination of the master records
8.E If the account is a one-time customer or vendor

9 Which of the following statements are true about all master records?
9.A Referred to as documents in SAP R/3
9.B Contain data that controls how transaction data is posted
9.C Remain in the system for an extended period of time
9.D Records with a limited life within SAP R/3
9.E Consist of a Chart of Accounts segment and a Company code segment

10 A complete customer account consists of the following three segments:


10.A Purchasing organization data
10.B General data
10.C Dunning data
10.D Sales organization data
10.E Company code data
11 Which of the following statements regarding organizational structures in
SAP are true?
11.A The highest-level element of all organizational units is the client
11.B More than one client can be linked to a single company code
11.C More than one plant can be linked to a single company code
11.D A company code should be linked to a chart of depreciation before you
can use any general ledger accounts in the company code
11.E A single chart of accounts can be linked to more than one company
code

12 Which of the following statements is correct?


12.A The G/L account names for house banks must match the names given
to the house bank in the bank directory.
12.B The G/L account names for house banks are user-definable.
12.C The G/L account names for house banks could be the bank name
and account number.
12.D The G/L account names for house banks are defined in the chart
of accounts.
12.E At company code level, G/L account names for house banks can be
different from those in the chart of accounts.

13 The following settings and functions influences the dual control principle
whereby an authorized user should confirm changes to customer and
vendor master records:
13.A The account group controls the sensitive field settings
13.B The sensitive fields for dual control should be defined in the
vendor/customer master record
13.C The sensitive fields for dual control should be defined in the IMG
13.D The vendor/customer account is blocked for payment if a sensitive
field is changed, until an authorized person confirms the changes
13.E Only the line items in the vendor/customer account is blocked for
payment if a sensitive field is changed, until an authorized person
confirms the changes
14 A report variant…
14.A Provides a way of storing predefined selection criteria for a
report
14.B Is required for reports running in the background
14.C Allows standardized report settings to provide consistent reports
14.D Can only be used by the same user that created it.
14.E Is only valid for the financial period it is created in.

15 The period in which the transaction is entered into your books is governed
by? (one answer)
15.A Document date and posting period
15.B Posting date and posting period
15.C Value date and commitment items
15.D Currency translation date and document type
15.E None of the above

16 Which of the following statements are true about a posting key?


16.A A document line item can have more than one posting key
16.B Controls whether a line item will be a debit or a credit
16.C Specifies the account type for a line item
16.D Specifies the document type
16.E Provides the number range per document type

17 What will be determined or be mandatory entries when entering a non-


purchase order related invoice in FI-AP?
17.A Posting date will always equal document date
17.B Screen layout as determined by the size of the amount to be posted
17.C Number range for the document from the document type used
17.D Reconciliation account determination through the vendor master
record
17.E Determines the company code from the customer master record
18 The header section of an accounting document contains? (one answer)
18.A The document number and the posting date
18.B Posting date and document amount
18.C Value date and commitment items
18.D Currency translation date and document type
18.E None of the above

19 A company, which implemented SAP R/3, contacts you to help them solve
a problem with creating a link to their bank account in the system. Which
of the following processes is necessary to ensure that the new house bank
would work correctly?
19.A The bank master data must be created in the bank directory
19.B The bank must be defined as a house bank by creating a house
bank key and an account ID, and linking the bank country and
bank key to the house bank data
19.C The relevant G/L account number for the main bank account, which
will be used for the house bank, must be defined in the
customer/vendor master record
19.D The house bank key and the account ID must be defined in the
G/L account master record, which will represent this house bank in
the general ledger
19.E If the house bank is not defined in the relevant G/L account master
record, the house bank information should be entered each time a
transaction is posted to this G/L account

20 Which GL accounts collectively represent the theoretical value of a


Company’s Bank account in SAP R/3?
20.A Main bank account (eg. 113100)
20.B Checks issued account
20.C Debtors reconciliation account
20.D Checks received account
20.E GR/IR account
21 Which of the following are advantages of parking a document?
21.A Parking a document ensures that nobody else can access your
document
21.B Data in parked documents can be evaluated in reports
21.C Cash Management is updated within preliminary posting
21.D Substitutions and validations are supported while a document is
parked
21.E Parked documents will automatically be archived after two months

22 Which of the following statements regarding currencies are true?


22.A Group currency and Hard currency are examples of parallel
currencies that are allowed in the SAP R/3 system
22.B The SAP R/3 system can manage a maximum of five currencies
simultaneously
22.C Accounts are automatically updated with the document currency
and the local currency, even if parallel currencies have not been
defined
22.D You are allowed to define a maximum of two parallel currencies in
the system
22.E If the currency in an account is defined as the local currency,
postings to the account can be made in any currency

23 Which of these are ways of entering recurring transactions?


23.A Using the recurring entry program
23.B Using the payment program
23.C Account assignment models
23.D Reversing journals
23.E Sample documents
24 The payment program does the following..
24.A Creates payment lists and logs
24.B Generates vendor statements
24.C Creates payment transfer media
24.D Creates payment documents
24.E Prints dunning letters

25 Invoice verification tasks include…


25.A Checking invoices that were blocked because they varied from the
purchase order
25.B Executing the account postings resulting from an invoice
25.C Updating the vendor master record
25.D Clearing the vendor account
25.E Checking purchase order data

26 An incoming invoice can be posted with reference to a…


26.A Goods receipt
26.B Purchase order
26.C Cost center
26.D Vendor
26.E Invoice

27 When processing open items in a customer account you can:

27.A activate or deactivate selected open items.


27.B reverse selected open items.
27.C activate or deactivate selected cash discounts.
27.D enter part payments or residual items.
27.E delete unwanted line items.
28 Your client complains that the payment program doesn’t work effectively.
After investigation you determine that they did not know about the
exception list that is created by the payment program? Explain to your
client what some of the possible reasons can be for items to appear on
the exception list.
28.A The invoice could be blocked for payment.
28.B There may be invalid data in the master record of the vendor.
28.C The minimum amount specified for payment in the program could be
less than the payment amount.
28.D There may not be enough money in the house bank as configured in the
payment program.
28.E The vendor account could be blocked for payment.

29 Which of the following functions or processes is part of the payment


process?
29.A Open invoices are analyzed for due date
29.B Payments are approved and/or modified
29.C Invoices are entered
29.D Invoices are paid
29.E Invoices due for payment are prepared for review