Which SAP solution offers tools to support intercompany eliminations in the Record-to-Report

process?

SAP Group Reporting

B SAP Cash Application

C SAP Analytics Cloud

D SAP S/AHANA

Which process step in the Record to Report process covers running elimination?

Corporate Close

B Record

C Reporting

D Regulatory Submissions

Which dimension can be used for presenting the P&L Statement according to cost of sales
accounting?

Functional Area

Ledger

Segment

Profit Center

Which dimension can be used for grouping to represent areas of internal responsibility?

Profit Center

Ledger

Segment

Functional Area

Which dimension provides insight into different business activities of a diversified company
according to international accounting principles (IFRS 8 and ASC 280 in US-GAAP)?

Segment

Functional Area

Profit Center

Ledger

Which is the smallest organizational unit of external accounting for which a complete, self-
contained set of G/L accounts can be created?

Functional Area

Segment
Company Code

Profit Center

Which dimension is used in General Ledger Accounting to support parallel accounting?

Segment

Functional Area

Profit Center

Ledger

Which application is an integral part of the purchasing system where invoices for suppliers are
recorded?

Accounts Receivable

General Ledger Accounting

Asset Accounting

Accounts Payable

Which organizational unit subdivides an enterprise from the viewpoints of production,

procurement, maintenance and material planning?

Plant

Company Code

Controlling Area

Sales Organization

What kind of G/L account summarizes multiple supplier balances?

Reconciliation account

Summary account

Clearing account

Bank account

Which of these functions does not belong to payables management?

Post invoice receipt

Generate balance confirmation

Payment run

Post goods receipt

Which are the valid business partner categories? (3 correct answers)

Group

Person
Entity

Organization

Joint Venture
What is the name of the special clearing account that is involved in Source-to-Pay process and is
located in the balance sheet notes?

Goods Received / Invoice Received account

Special logistics account

Source-to-Pay account

Notes account

Which of these objects are connected to the supplier invoice line item and may be proposed as
default values, originated from the supplier master record? (2 correct answers)

Payment terms

Payment method

Payment sequence

Payment responsible

How many roles can you assign to a business partner?

Unlimited number

Three

Two

One

Which of these customer invoice attributes are only relevant for the customer / reconciliation
account invoice line item? (2 correct answers)

Payment method

Tax code

Currency

Payment terms

Which key performance indicators are included in the Accounts Receivable Overview SAP Fiori
app?

Processed Receivables

Days Sales Outstanding

Overdue Receivables

Aging Analysis
Which of the following are examples of customer correspondence? (3correct answers)

Account statement

Balance sheet

Balance confirmation

Dunning letter

Which of these functions does not belong to receivables management?

Issue a dunning letter

Post goods issue

Generate balance confirmation

Process customer payment

What are 2 ways to create asset master data?

Using company code default values.

Using asset class default values.

Using system default values.

Using reference asset default values

Which G/L accounts are reconciliation accounts in Asset Accounting?

Goods Received / Invoice Received account

Technical clearing account

asset balance sheet account

Supplier account

Bank clearing account

What are 3 main functions of an asset class?

Posting

Structuring

Account determination

Numbering

Clearing

Which depreciation default values can be changed in the asset master data?

Useful life

Depreciation key
Valuation view

Accounting principle

Which object defines the position of any asset transaction in the asset history sheet?

Depreciation area

Asset class

Document type

Transaction type