SAP FI Question TS4FI Flashcards - Quizlet

12/30/2019 FI Exam Flashcards | Quizlet
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Terms in this set (46)
Q: The same workflow variant can be

Which of the following assigned to several company codes.
statements are correct?
R: It is possible to design multilevel workflow
The same workflow sequences.
variant can be assigned
https://quizlet.com/441594924/fi-exam-flash-cards/ 1/25
to several company
codes.
A task can be assigned
only one possible
processor.
A company code can be
assigned several
workflow variants.
It is possible to design
multilevel workflow
sequences.
Q: Opening Posting only

You are configuring
accrual types for the Periodic only
accrual engine. For which
postings is account
determination required?
R:
Opening and Closing

Posting only
Opening Posting only
Periodic only
Closing Posting only
Q: Schedule the dunning run.

Which tasks are stages of
dunning execution? Maintain the dunning parameters.
R:
Maintain the dunning

levels
Schedule the dunning

intervals.
Schedule the dunning

run.
Maintain the dunning

parameters.
Q: 3
How many cash discount
periods can be entered
in the terms of payment?
R:
Q: Asset class
Which elements define
the integration of asset Depreciation area
acquisitions to the
general ledger?
R:
Depreciation keys
Valuation area
Asset class
Depreciation area
Q: The asset belongs to a specific asset class.

How do you identify an
asset as an asset under
construction?
R:
The asset is assigned to
NO depreciation area.
The asset capitalization

date is empty.
The ordinary
depreciation start date is
empty.
The asset belongs to a

specific asset class.
Q: Accounting Principles
You need to use foreign
currency valuation in the Valuation Areas
ledger solution. Which
objects must you define Account Determination
in Customizing?
R:
Accounting principles
Simulation extension
ledger
Valuation areas
Value adjustment keys
Account determinations
Q: You can create access to relevant apps for

You are a group cash the North American accounts payable
manager interested in the group that reports to you.
North American business
market. What are the
market You can create an app to take you directly
personalization options to the cash position of the North American
available to you in SAP business market.
Fiori?
R:
You can create access to
relevant apps for the
North American
accounts payable group
that reports to you.
You can create an app to

take you directly to the
cash position of the
North American business
market.
You can adapt the
Iaunchpad color theme

according to predefined
values for the cash
report.
You can create a tile

group with all the apps
required for your daily
business for easy access.
Q: In the screen layout of the depredation

Where do you indicate area
that the useful life of the
asset sub-number is
identical to the useful life
of the main asset?
R:
In the screen layout of
the depredation area
In the account
determination of the
asset class
In the asset master

record of the main asset
In the screen layout of

the asset master record
Q: Document date
You want to configure
the default baseline date Posting date
for the payment terms of
an incoming invoice.
From which date can you Entry date
derive the baseline date?
R:
Goods receipt date
Document date
Posting date
Value date
Entry date
Q: Account or transaction key

You want to configure
the tax calculation Condition type
procedures. What are the
main elements you need Sequence of steps
to define?
R:
Account or transaction
key
Condition type
Sequence of steps
Tax code
Country key
Q: Document Type
You want to make the
Reference Document
Number field required
for entry. Which object
controls this setting?
R:
Document reference key
Document field status
Document type
Document posting key
Q: Document date
Which dates can you use
for tax calculation? Posting date
R:
Document date
Posting date
Entry date
Due date
Q: Ordinary depreciation such as book

Which of the following depreciation or imputed depreciation
are posted in the
program Imputed interest
FAA_DEPRECIATION_PO
ST? Unplanned depreciation or other manually
planned depreciation
R:
Ordinary depreciation
such as book
depreciation or imputed
depreciation
Parallel APC values
Imputed interest
Unplanned depreciation
or other manually
planned depreciation
Q: High rate of interest principle

In a valuation method,
which of the following is
not a valuation approach
for foreign currency
valuation?
R:
High rate of interest

principle
Strict lowest value

principle
Lowest value principle
Revalue only
Q: Company code currency

Which standard currency
types must be used when Controlling area currency
configuring the currency
settings for company
codes?
R:
Document currency
Group currency
Company code currency
Controlling area
currency
Q: Perform valuations of open items in foreign

Which closing activities currency.
are used in external
reporting as per SAP Reclassify receivables and payables.
best practices?
R:
Perform valuations of
open items in foreign
currency.
Execute the plan cost

center assessment cycle.
Update product cost

estimates.
Reclassify receivables
and payables.
Q: Private Option
Which is the most flexible
SAP S/4HANA Cloud
solution for customers?
R:
Public option
Hybrid option
Private option
Community option
Q: Local Currency
Which of the following
currency types can you Group Currency
set in customizing activity
"define setting for
ledgers and currency
type"?
R:
Material ledger currency
Transaction currency
Local currency
Group currency
Q: Business Level Area

Customers using classic
General Ledger Company Area Level
Accounting can use
RFBILAOO to create a
financial statement at
which organization
levels?
R:
Business area level
Client level
Segment level
Company area level
Q: Depreciation Start
Identify some of the Scrap Value

fields related to the
depreciation area in the Useful life
asset master record.
R:
Depreciation start
Scrap value
Useful life
Asset description
Q: Account Determination
control data is carried by Screen Layout
asset classes?
Number Range Interval
A:
Insurance type
Account determination
Screen layout
Number range interval
Q: Field status group

Which entries do you
define when maintaining Account Type
a G/L account?
Account group
A:
Ledger assignment
Field status group
Account Type
Profit center
Account group
Q: The chart of depreciation facilitates

What is the purpose of country-specific legal valuation of fixed
the chart of assets.
depreciation?
R:
The chart of depreciation

defines the asset classes
for which you can create
fixed assets.

substitutes the
operational chart of
accounts in asset-related
postings.

facilitates country-
specific legal valuation of
fixed assets.

is a reporting tool that
structures your assets for
hierarchical reporting.
Q: Task List Creation

In which step of the SAP
Financial Closing Cockpit
configuration do you
define parameters
settings for variables of
program variants?
R:
Dependency definition
Template creation
Task list release
Task list creation
Q: One-time payment for one-year cloud

Which business scenarios storage service
can be handled with
accrual and deferral
postings?
R:
One-time payment for

one-year cloud storage
service
Monthly rent payments

for an office building
One-time payment for

fixing flooding damage
Monthly subscription to a
financial newspaper
Q: Setting filters
Which of the following Calculating totals and subtotals

functions include the
important functions of Deleting and inserting columns
the SAP List Viewer tool?
R:
Setting filters
Calculating totals and

subtotals
Deleting and inserting

columns
Defining print
parameters
Q: What is the maximum 999

number of steps possible
in validation?
R:
99
999
566
199
Q: Which of the following Configure the payment methods for each

steps are parts of the company code
process of configuring
the payment program? Configure the paying company codes
R: Configure the G/L Configure the house banks

account field status for
document entry
Configure the payment

methods for each
company code
Configure the paying

company codes
Configure the house

banks
Q: Which of the following SAP SuccessFactors

product lines does the
SAP S/4HANA system
rely on for most human
resource management
functions?
R:
SAP Hybris
SAP Ariba
Concur
SAP SuccessFactors
Q: The reversal reason must allow negative

Which prerequisites must postings.
be fulfilled before you
can use negative The company code must permit negative
postings? postings.
R:
The posting key must

permit negative posting.
The reversal reason must

allow negative postings.
The company code must

permit negative postings.
The reversal reason must

allow alternative posting
dates.
Q: Noted Items
For reporting purposes,
your client would like to
present information
about customer postings
that are NOT reflected in
the G/L. Which special
G/L type do you
recommend?
R:
Free offsetting entries
Statistical postings
Noted items
Bill of exchange
Q: Which of the following Document header text

fields can be changed in
the document header? Reference number
R:
Currency exchange rate
Document date
Document header text
Reference number
Q: Down Payment Request

Which is the first step in
the procedure of making
down payments in the
customer area?
R:
Down payment received
Clearing
Down payment request
Customer invoice
Q: Period Control Method

methods does the Multilevel Method
depreciation key define?
Base Method
R:
Period control method
Asset sheet valuation
method
Multilevel method
Base method
Q: How many posting 3

period intervals in SAP
S/4HANA are used for
postings of Financial
Accounting (FI) and
Controlling (CO)?
R:
12
16
Q: Account type
Identify the criteria that
usually differentiate Company code
between document
change rules.
R:
Account type
Company code
Open items
Asset class
Q: Asset under construction category

What settings can you
define specifically for an Synchronization rules for asset and
asset class? equipment
R: Account determination key
Asset under construction

category
Synchronization rules for

asset and equipment
Default transaction type

for asset posting
Account determination
key
Maximum amount for

low-value assets
Q: Number of Dunning Levels

parameters can you Line Item Grace Period
define within a dunning
procedure?
R:
Line item total period
Number of dunning
levels
Company code
Line item grace period
Q: 9
What is the maximum
dunning level that can be
assigned to a dunning
procedure?
R:
11
Q: Secondary Cost
Which General Ledger
account type do you
select to perform activity
cost allocations?
R:
Non-operating expense
or income
Balance sheet
Primary costs or revenue
Secondary costs
Q: Order
original Management Activity Type
Accounting objects can
you assign in the asset Cost Center
master record?
R:
Order
Activity type
Cost element
Cost center
Q: Company Code
Your customer wants to
use data aging for the Ledger
universal journal. Which
criteria can you use to
decide which data is
moved to the historical
partition?
R:
Account type
Company code
Document type
Ledger
Q: General Ledger
With the automatic
clearing program, a user Subledger Accounts
can clear open items for
which of the following
items?
R:
Special general ledger

indicator
Currency
General ledger
Subledger accounts
Q: Posting keys
What do you configure
to allow cross-company- Clearing accounts
code transactions?
R:
Posting keys
Account types
Clearing accounts
Special G/L indicator
Q: Posting date and asset value date

It is common for
companies to receive
invoices for the previous
fiscal year at the
beginning of the new
fiscal year. Which dates
must have the same fiscal
year in the document
entry?
R:
Document date and

posting date.
Posting date and entry

date.
Document date and asset

value date
Posting date and asset

value date

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12/30/2019 FI Exam Flashcards | Quizlet

Terms in this set (46)

Q: The same workflow variant can be

Q: Opening Posting only

Opening and Closing

Opening Posting only

Closing Posting only

Q: Schedule the dunning run.

Maintain the dunning

Schedule the dunning

Schedule the dunning

Maintain the dunning

Q: The asset belongs to a specific asset class.

The asset capitalization

The asset belongs to a

Value adjustment keys

Q: You can create access to relevant apps for

You can create an app to

You can adapt the

Iaunchpad color theme

You can create a tile

Q: In the screen layout of the depredation

In the asset master

In the screen layout of

Goods receipt date

Q: Account or transaction key

Document reference key

Document field status

Document posting key

Q: Ordinary depreciation such as book

Parallel APC values

Q: High rate of interest principle

High rate of interest

Strict lowest value

Lowest value principle

Q: Company code currency

Company code currency

Q: Perform valuations of open items in foreign

Execute the plan cost

Update product cost

Material ledger currency

Q: Business Level Area

Business area level

Company area level

Identify some of the Scrap Value

Number range interval

Q: Field status group

Field status group

Q: The chart of depreciation facilitates

The chart of depreciation

The chart of depreciation

The chart of depreciation

The chart of depreciation

Q: Task List Creation

Task list release

Task list creation

Q: One-time payment for one-year cloud

One-time payment for

Monthly rent payments

One-time payment for

Which of the following Calculating totals and subtotals

Calculating totals and