SOAL LATIHAN SAP FICO 2 4, The following activities are the first step of running automatic payment... a, Start proposal b. Maintain parameter ©, Proposal run 4d. Edit proposal . Payment run 2, The fatiowing statement are TRUE in regard to vendor aécount... 2. Vendor account information is grouped inte Client data, company code data and purchasing data +. Posting only possible if company code data has been properly maintained c. Vendor accounts are grouped into various account keys G. Nurhber ranges are assigned to account keys e. Ali of the above. 3, Controlling area is uniquely assigned to Company Code: a. True b. False a, Foreign currency valuation will valuate a. All open iterns b. All open items in foreign currency «, All items in foreign currency 4d. None of the above 5, When comparly code specific setting is maintained for Company code: 1000, it also valid for Company code 1100. ate b. False 6. You may enter the dunning procedure in. a. Material master 8. GLaccount c, Customer master 6. Profit center. 7. The following is used to enter the data for document entry on the first screen, except...a, Document type b,Costelement c. G/L Account 4G. Posting key e, Currency 8. When the expense or revenue-that belongs to the current period is not posted until a later period, we are Using the following method... a. Accrual b, Defferai ‘c, Depreciation J. Reconciliation 9. Its possible to use valuation method for the following, EXCEPT... a. Replacement value b. Controlling c, Financial statements based on regional requirements 4d. Financial statements for tax purposes ¢, None of the above 40, Ifthe sales order is exceeded the credit limit, the order still can be shipped but can’t be billed. a, True b. False 111, the followings are processes for deposit checks, EXCEPT. a. The check deposit list can be printed aut and sent to the bank along with the checks be. Posting can be completed directly, without batch input session © Batch input session are created from the check deposit list and have to be processed in order to create the related posting d. After all checks have been entered, a list of check unavailable in the system 12. Ifa company code needs to generate report to meet the-requirement of the respective countries, they need to assign GL account from. a. Operating chart of account 'b. Group chart of account c. Country chart or account d, Alternative chart or account 413. Bank where the company have an account!) Is known as. a. Account ID,b, Reconciliation account c.6/Laccount d. Bank account e. House bank ID 14, The following is 2 TRUE statement in regard with Recontiliation Account in SAP Financial Accounting... ‘a. You can use it for organizing and managing large number of G/L account b. Ittdecribes the total of all posting on an account in debit or credit c. Iteonnect subsidiary ledgers with the general ledger in real time d.it can control the appearance of the company code segment of G/. accounts 415, Through... We maintain reconciliation account for each asset class in order to post values of asset accounting. a. Asset sub number b. Account assignment key c, Group asset number d. Depreciation key 46. The balance and information about customer is displayed in screen area... a, Templates 'b, Header and customer data c. G/L account items d. Information item 17, Which statement is TRUE about recurring entry. progratn? ‘a. When the batch input session iS run, an accounting document that corresponds to the original b. Bate of the next posting is updated.in the original recurring entry document ¢ Program will select all recurring entry original document in which the date of the next posting will fall within the specified period. 4. To posting the Invoice from recurring entry program to general ledger, we need to run the batch input session 18, Following statement re true about Valuation run, EXCEPT... ‘a, A certain pércentage of total amount, whether it’s over due or not, is used as basic calculation of the valuation b. We need to maintain value adjustment key in customer master record +t, Valuation-run can be used to discount open accounts receivable d. Valuation run analyze the accounts and documents defined in the parameters and creates a valuation propose!19. The sales process contains of the activities, except... a. Order Processing b. Billing, ¢. Procurement d, Demand determination e. Shipping 20. The following statements are true regarding organizational structure in Financial Accounting module, except... ‘a. General ledger is assigned to the company code level and is used for creating balance sheet and profit and lost statements b. Company code has a complete self-contained set of accounts ¢. Business area used to represent business segments or branches More than ane Company Code-can only be assigned to one controlling area 21. Costumer accounts ate made up of the following level, except. a. General deta b, Company code data c. Business area data 4. Sales area data 22, The following statements are true regarding Financial Closing, except. a. Adjustment posting for business area must be made if business area financial statement need to be created b. The balance carry forward program is run at the end of a fiscal year c. Posting periods of the previous'fiscal year must be blocked d, Special periods for closing entries must be opened 23, You can use ABAP program to assist Im creating financial statement. a. True b. False 24, Automatically when special transactions, such-as bill of exchange charge or payment differences is one of request from... a. Dunning b. Correspondence ¢. Customer payment history 4, Overdue item 25, G/L. account groups can be used to, except...a. Adjust screen layout of appearance of Gi account b. Determine format of G/L accouat number ranges c. Group similar accounts that have similar business functions d. Determine which folder are requires and optional for data entry in G/L account e. None of the above 26, The following are operations for accounts payable closing in beginning of the fiscal year, except. a. Run balance catty forward program b. Black posting in iast year periods and open special periods for customer ¢. Confirm balances with selected vendors 4d. Close special periods for vendors 27, Depreciation can only be posted after depreciation posting run has been completed. a.True b, False 28. Cash journal transaction screen consist of the following, except. a. Data selection b. Header c. Balance display for period d. Receipts and payments transaction 29, The following statements are. true regarding organizational structure in financial accounting module, except. ‘a. General leger is assigned to the company code level and is used for creating balance sheet and profit and lost statements 1b. Company code has a complete self-contained set of accounts c, Business area is used to represent business segments or branches. d. More than one conipany code can. only be assigned to one controlling erea 30. Three ways match as procedure to. post procurement transaction. a. Invoice verification, purchase requisition, goods issues b. Purchase order, invoice verification, goods issues c. Purchase order, billing, goods receipt 4, Invoice verification, purchase order, goods receipt 31. The followings are areas in G/L account posting screen... a, Line item information area b, Detail screen area ¢. Document overview area4.All of the above e, None of the above 32, When we do the outgoing transfers, the cash outflow later appears on the bank statement and the bank ledger accounting session creates the posting... a. Note to payee b, Bank to incoming cash c. Check issued to bank d. Cash outflow te bank e. None of above 33, Alter auditors have finished their work and before the GL is ready to close for the year, werneed to run... to check whether depreciation is posted fully or any assets contain errors. a, Year-End closing program b. Fiscal year change.program c.allthe above d. None of above 34. {n order to post cost Information ta Management Accounting the one of the folowing Information must be used... a, G/Laccount b. Cost center ¢. Posting key . Account group e. All of the above 35, Sales area is combination of... a, Company Code — Plant Storage Location b Sales Organization - Distribution Channel ¢, Sales Organization - Distribution Channel- Division d. Sales Organization - Division- Plant 36. The posting key has controlling unction for the following purpose, except... a, Transfer the information fram financial accounting to management accounting bb, Account type for posting the document item ¢. Posting the document item as debit or credit d, Field status of the additional data 37. The following are types of cash journal transaction, except. a. Expense b. Veridor payment receipt¢. Reimbursement . Revenue, e. Customer payment recelpt £ Cash transfer from the bank to cash office 38. Following statement fs false about plant in material management. a, More than one plants can be assigned to the same company code b. Posting willbe made in company code which plant is assigned to ¢. Each company code is only alloived to have only one plant 4d, Aplant must be assigned to a single company code 39. Method of posting which open invoice won't be cleared and new open item in the amountof the payments created, is called... a. Residual payment b. Complete payment ¢, Minot Payment d, Partial Payment 40. Posting in asset accounting can be done by a, Using purchase order bb, Good issue to asset . Invoice with account payable or account receivable directly 4d, Using clearing account @. All the above