Sap Fi Model Questions

1 A chart of accounts ( Mu|t| Cho|ce)
A can be allocaLed Lo mulLlple company code

8 can be deflned as Lhe group charL of accounLs

C only conLalns deflnlLlons for C/L accounLs

u can only allocaLed Lo one company code

2 A c||ent ( S|ng|e Cho|ce)

A may only conLaln a slngle charL of accounLs

8 may conLaln mulLlple charLs of accounLs

C may only use one currency Lype

u may only have one conLrolllng area

3 Ident|fy the correct statement(s) re|at|ng to how the ma|n
bus|ness processes are |ntegrated |n the SA k]3 System ( Mu|t|
Cho|ce)

A A purchase requlslLlon ls a documenLed requesL Lo purchase
goods or servlces ln SA lL can be creaLed manually or
auLomaLlcally

8 A goods recelpL ls Lhe recordlng of Lhe movemenL of maLerlals
lnLo Lhe warehouse ln SA a flnanclal documenL whlch updaLes Lhe
lnvenLory accounL and an accrued llablllLy accounL ls creaLed

C 1he lnvolce recelpL and verlflcaLlon process compares Lhe
vendor lnvolce wlLh Lhe purchase order and goods recelpL Powever
Lhe correspondlng flnanclal LransacLlon musL be enLered Lhrough Lhe
flnanclal module of 8/3

u ln SA paymenL processlng reduces Lhe llablllLy Lo a vendor
and a companys cash balance records dlscounLs Laken and dlsburses
paymenL

L A cusLomer dellvery ls Lhe Lransfer of Lhe ownershlp of
goods A cusLomer dellvery lncludes creaLlon of a dellvery
documenL plcklng Lhe goods for shlpmenL physlcally Lransferrlng Lhe
goods Lo Lhe cusLomer and flnanclally recordlng Lhe goods lssue

Ident|fy the correct statement(s) regard|ng organ|zat|ona|
e|ements w|th|n the k]3 System ( Mu|t| Cho|ce)

A 1he Sales area comblnes Lhe sales organlzaLlon dlsLrlbuLlon
channel and dlvlslon

8 1he urchaslng CrganlzaLlon ls responslble for Lhe purchaslng
for Lhe only one planL
C A planL ls a locaLlon ln whlch lnvenLory quanLlLles and values
are sLored or manufacLured
u A ConLrolllng area can comprlse several company codes uslng
dlfferenL charL of accounLs buL musL operaLe ln Lhe same currency
L A proflL cenLer ls used Lo generaLe lncome sLaLemenLs and
operaLlng proflL sLaLemenLs

S Ident|fy the correct statements ( Mu|t| Cho|ce)

A All areas of an organlzaLlon LhaL are Lo be lnLegraLed lnLo
Lhe 8/3 roducLlon sysLem should be lncluded under one cllenL

8 1he Lerm cllenL dependenL refers Lo Lables or daLa LhaL
relaLe only Lo Lhe cllenL whlch was accessed durlng Lhe log on
process

C uue Lo Lhe lnLegraLed naLure of SA Lhere are cerLaln core
organlzaLlon elemenL LhaL cuL across Lhe modules CllenL and company
code are Lwo of Lhese core elemenLs

u 1o deLermlne Lhe number of cllenLs requlred Lhe focus ls
placed on daLa access and sharlng sLraLegles

6 Wh|ch of the fo||ow|ng statements |s true ? ( S|ng|e Cho|ce)

A A Company code can belong Lo more Lhan one conLrolllng area

8 A planL musL be allocaLed Lo a company code

C A conLrolllng area and a company code musL have Lhe same local
currency

u A buslness area and a company code are asslgned Lo each oLher
ln Lhe corporaLe sLrucLure lMC

Ident|fy the correct statements re|at|ng to the
Imp|ementat|on Gu|de( Mu|t| Cho|ce)

A When creaLlng a pro[ecL ln Lhe lMC Lhe appllcaLlon areas and
counLrles are selecLed from Lhe LnLerprlse lMC

8 1he number of lmplemenLaLlon acLlvlLles can be reduced by
creaLlng ro[ecL lMC vlews such as a vlew for mandaLory acLlvlLles

C 1he ro[ecL lMC musL lnclude all cusLomlzlng acLlvlLles for all
8/3 appllcaLlons

u 1he SA 8eference lMC ls generaLed for Lhe appllcaLlon modules
Lo be lmplemenLed ln a company and for Lhe dlfferenL counLrles

L CusLomlzlng LransacLlons can be accessed from Lhe SA
8eference lMC ro[ecL lMC and Lhe ro[ecL vlews

8 What character|st|cs do ro|es have |n the Workp|ace? ( Mu|t|
Cho|ce)

A 8oles descrlbe buslness processes ln a company

8 8oles conLaln a collecLlon of acLlvlLles LhaL a user who ls
asslgned Lo Lhls role can execuLe

C 8oles represenL a range of execuLable funcLlons ln a company
LhaL users can asslgn Lhemselves Lo

u 1he auLhorlzaLlons requlred Lo execuLe Lhe asslgned funcLlons
are auLomaLlcally llnked Lo roles

L 8oles conLaln MlnlApps

9 What content e|ements of the mySAcom Workp|ace are prov|ded?
(Mu|ty)

A 1he Workplace conLalns rolebased navlgaLlon opLlons for
8/3 LransacLlons reporLs and oLher llnks Lo varlous sysLems

8 1he Workplace ls a compleLely personallzable worklng
envlronmenL

C 1he Workplace conLalns rolespeclflc lnformaLlon and role
based access Lo Lhe MarkeLplace

u 1he Workplace ls used excluslvely as a Launchad for
Lmployee Self Servlce wlLh lnformaLlon for employees

L 1he Workplace conLalns personal lavorlLes

10 What are M|n|Apps?(Mu|ty)

A MlnlApps are small appllcaLlons LhaL are sLarLed auLomaLlcally
when Lhe Workplace ls called

8 Mlnlapps are small appllcaLlons LhaL can be called from Lhe
Workplace

C MlnlApps are small appllcaLlons LhaL communlcaLe conLlnuously
wlLh Lhe lmplemenLed SA producLs

u MlnlApps are !ava AppleLs LhaL are loaded from Lhe Workplace
Lo Lhe user cllenL

L MlnlApps are rolespeclflc appllcaLlons LhaL can conLaln more
acLlvlLy opLlons

13 Integrat|on w|th MM An asset purchase order |s created |n urchas|ng 1he goods rece|pt |s
posted on a va|ue bas|s Invo|ce ver|f|cat|on then posts the |nvo|ce
WhaL ls Lhe name of Lhe auxlllary accounL used for all of Lhese LransacLlons?(Slngle)
A MM/ll clearlng accounL
8 C8/l8 clearlng accounL
C AsseL purchaslng clearlng accounL
u AsseL acqulslLlon clearlng accounL
L vendor asseL acqulslLlon clearlng accounL

1 What add|t|ona| funct|ons do asset c|asses offer?(Mu|t|)
A Speclfy requlred enLry flelds for asseL masLer daLa
8 LnLer defaulL values for asseL masLer daLa
C LnLer defaulL values enLrles for depreclaLlon area
u LnLer allowed enLrles for user flelds
L ueflne allowed company codes

1S Wh|ch of the fo||ow|ng statements about manua| deprec|at|on (for examp|e unp|anned
deprec|at|on |n IIAA) area true?(Mu|t|)
A ?ou cannoL posL manual depreclaLlon ln llAA
8 Manual depreclaLlon ls posLed lmmedlaLely afLer enLry(real Llme)
C Manual depreclaLlon ls lnlLlally shown as a planned value afLer enLry and only posLed when Lhe
depreclaLlon posLlng reporL ls run
u Manual depreclaLlon usually only applles Lo depreclaLlon areas whlch you choose when you enLer
Lhe documenL
L AfLer enLerlng manual depreclaLlon ln llAA you also need Lo enLer lL manually ln ll/CC

16 Wh|ch correspondence extracts a|| |tems |n the chosen per|od from a customers account
d|sp|ays the ba|ance carr|ed forward ba|ance and a c|os|ng ba|ance of the Account ?(S|ng|e)
A aymenL advlce
8 aymenL noLlce
C AccounL sLaLemenL
u uunnlng noLlce

1 Wh|ch of the Io||ow|ng statements about automat|c payment are correct ? (Mu|t|)
A ln auLomaLlc paymenL procedures all lncomlng lnvolces as of Lhe second dunnlng level are pald
auLomaLlcally
8 ulrecL deblLlng or bank collecLlon can be used ln auLomaLlc paymenL procedures Lo clear cusLomer
lnvolces
C Cpen lLems posLed Lo C/L accounLs can be cleared uslng Lhe paymenL program
u Speclal C/L LransacLlons(down paymenL)can be posLed uslng Lhe paymenL program
L 1he paymenL program can pay vendor lnvolces uslng wlre Lransfers and checks

18 Imag|ne the fo||ow|ng scenar|oA company wants to execute a payment run on a da||y bas|s
and process severa| company codes at the same t|me If the amount exceeds US5 1000 the
vendors are to be pa|d by bank transfer amounts |ess than US5 1000 are to be pa|d by check 1he
customer has two house banks and wants a|| checks to be processed by bank A and a|| (Mu|t|)

A ?ou sLore varlanLs for prlnL programs wlLhln cusLomlzlng Pere you can speclfy LhaL Lhe
lnformaLlon ls Lo be ouLpuL Lo a daLa carrler
8 ?ou speclfy per house bank wheLher paymenLs are Lo be made by check only or also by Lransfer
C ?ou speclfy Lhe paymenL meLhod from wlLhln Lhe appllcaLlonln Lhe masLer record
u 1he paymenL proposal of Lhe auLomaLlc paymenL program can only be dlsplayed
L ?ou can preclsely schedule Lhe prlnL program from wlLhln Lhe appllcaLlon

19 Accord|ng to wh|ch cr|ter|a does the payment program determ|ne and se|ect open |tems
(S|ng|e)
A posLlng daLe and basellne daLe
8 documenL daLe and posLlng daLe
C basellne daLe and paymenL Lerms
u posLlng daLe and cash dlscounL perlods
L posLlng daLe and paymenL Lerms

20 Wh|ch of the fo||ow|ng statements are true w|th regard to the custom|z|ng sett|ng for banks |n
the automat|c payment run ? (Mu|t|)
A 1he sequence of Lhe banks for processlng ouLgolng paymenLs ls selecLed randomly
8 ?ou can only deLermlne one paymenL meLhod per house bank
C ?ou can selecL several paymenL meLhods per counLry
u ?ou can speclfy by bank and meLhod Lhe anLlclpaLed number of days before Lhe bank accounL ls
deblLed
L ?ou can deLermlne Lhe banks Lo be used for paymenLs accordlng Lo posLal code

21 Wh|ch of the fo||ow|ng factors does the systems take |nto account |n a payment run ?(Mu|t|)
A llscal year varlanL
8 aymenL meLhod speclflcaLlons ln Lhe lMC
C SpeclflcaLlons ln Lhe vendor masLer records
u lnformaLlon ln Lhe documenLs(lncomlng lnvolces)
L SpeclflcaLlons made when malnLalnlng Lhe paymenL run parameLers

22 Wh|ch of the fo||ow|ng statements are correct ?(Mu|t|)
A When creaLlng a Pouse bank you do noL need Lo speclfy Lhe counLry
8 1he paymenLs program can use a dlfferenL Pouse bank for each dlfferenL paymenL meLhod
C A Pouse bank accounL can be deflned ln more Lhan one currency
u Pouse bank masLer daLa musL be creaLed ln advance before asslgnlng Lhe Pouse bank Lo a
paymenL meLhod ln Lhe paymenL program
conflguraLlon
L A house bank can be asslgned Lo a buslness area wlLhln Lhe paymenL program conflguraLlon

23 When enter|ng a document us|ng a fore|gn currency wh|ch date |s used to determ|ne the
exchange rate |f the trans|at|on date |s not entered ?(S|ng|e)
A osLlng daLe
8 uocumenL daLe
C LnLry daLe
u 8asellne daLe

2 where are post|ng per|ods def|ned?(Mu|t|)
A osLlng perlod varlanL
8 llscal year varlanL
C lleld sLaLus varlanL
u Closlng perlod varlanL

2S wh|ch of the fo||ow|ng statements supports the reversa| of a document?(Mu|t|)
A 1he orlglnal documenL conLalns no cleared llne lLems
8 uocumenLs orlglnaLlng ln oLher modules should be correcLed Lhere Lo allow Lhe changes Lo flow
naLurally Lhrough Lo flnanclal accounLlng
C lf a reversal daLe ls noL speclfled Lhe sysLem reverses Lhe documenL uslng Lhe posLlng daLe of Lhe
documenL Lo be reversed
u A new documenL number ls creaLed for Lhe reversal documenL

21 Wh|ch of the fo||ow|ng statements about asset data transfer from
a prev|ous system are correct?(Mu|ty)

A 1ransferrlng asseL daLa durlng Lhe flscal year ls only
posslble on [uly 1 of Lhe glven year
8 When you Lransfer asseL daLa durlng Lhe flscal year Lhe
sysLem auLomaLlcally deLermlnes replacemenL values and lnsurable values
uslng baLch lnpuL
C uurlng Lhe asseL Lransfer you can enLer elLher Lhe AC or
Lhe neL book value
u uurlng Lhe asseL Lransfer you can speclfy Lhe order ln
whlch Lhe depreclaLlon are apper
L When you Lransfer asseL daLa durlng Lhe flscal yearyou
musL enLer Lhe lasL depreclaLlon posLlng perlod from your prevlous
sysLem ln Lhe SA 8/3 SysLem

22 Intergrat|on w|th MM An asset purchase order |s created |n
urchas|ng 1he goods rece|pt |s posted on a va|ue bas|s Invo|ce
ver|f|cat|on then posts the |nvo|ce

WhaL ls Lhe name of Lhe auxlllary accounL used for all of Lhese
LransacLlons?(Slngle)

A MM/ll clearlng accounL
8 C8/l8 clearlng accounL
C AsseL purchaslng clearlng accounL
u AsseL acqulslLlon clearlng accounL
L vendor asseL acqulslLlon clearlng accounL

23 What add|t|ona| funct|ons do asset c|asses offer?(Mu|ty)

A Speclfy requlred enLry flelds for asseL masLer daLa
8 LnLer defaulL values for asseL masLer daLa
C LnLer defaulL values enLrles for depreclaLlon area
u LnLer allowed enLrles for user flelds
L ueflne allowed company codes

2 Wh|ch of the fo||ow|ng statements about manua| deprec|at|on (for
examp|e unp|anned deprec|at|on |n IIAA) area true?(Mu|ty)

A ?ou cannoL posL manual depreclaLlon ln llAA
8 Manual depreclaLlon ls posLed lmmedlaLely afLer enLry(real
Llme)
C Manual depreclaLlon ls lnlLlally shown as a planned value afLer
enLry and only posLed when Lhe depreclaLlon posLlng reporL ls run
u Manual depreclaLlon usually only applles Lo depreclaLlon
areas whlch you choose when you enLer Lhe documenL
L AfLer enLerlng manual depreclaLlon ln llAA you also need Lo
enLer lL manually ln ll/CC

2S Wh|ch correspondence extracts a|| |tems |n the chosen per|od from
a customers account d|sp|ays the ba|ance carr|ed forward ba|ance and
a c|os|ng ba|ance of the account ?(S|ng|e)
A aymenL advlce
8 aymenL noLlce
C AccounL sLaLemenL
u uunnlng noLlce

26 Wh|ch of the Io||ow|ng statements about automat|c payment are
correct ? (Mu|ty)

A ln auLomaLlc paymenL procedures all lncomlng lnvolces as of Lhe
second dunnlng level are pald auLomaLlcally
8 ulrecL deblLlng or bank collecLlon can be used ln auLomaLlc
paymenL procedures Lo clear cusLomer lnvolces
C Cpen lLems posLed Lo C/L accounLs can be cleared uslng Lhe
paymenL program
u Speclal C/L LransacLlons(down paymenL)can be posLed uslng Lhe
paymenL program
L 1he paymenL program can pay vendor lnvolces uslng wlre Lransfers
and checks

2 Imag|ne the fo||ow|ng scenar|oA company wants to execute a
payment run on a da||y bas|s and process severa| company codes at the
same t|me If the amount exceeds US5 1000 the vendors are to be pa|d
by bank transfer amounts |ess than US5 1000 are to be pa|d by check
1he customer has two house banks and wants a|| checks to be processed
by bank A and a|| (Mu|ty)

A ?ou sLore varlanLs for prlnL programs wlLhln cusLomlzlng Pere you
can speclfy LhaL Lhe lnformaLlon ls Lo be ouLpuL Lo a daLa carrler
8 ?ou speclfy per house bank wheLher paymenLs are Lo be made
by check only or also by Lransfer
C ?ou speclfy Lhe paymenL meLhod from wlLhln Lhe appllcaLlonln
Lhe masLer record
u 1he paymenL proposal of Lhe auLomaLlc paymenL program can
only be dlsplayed
L ?ou can preclsely schedule Lhe prlnL program from wlLhln Lhe
appllcaLlon

28 Accord|ng th wh|ch cr|ter|a does the payment program determ|ne
and se|ect open |tems (S|ng|e)
A posLlng daLe and basellne daLe
8 documenL daLe and posLlng daLe
C basellne daLe and paymenL Lerms
u posLlng daLe and cash dlscounL perlods
L posLlng daLe and paymenL Lerms

29 Wh|ch of the fo||ow|ng statements are true w|th regard to the
custom|z|ng sett|ng for banks |n the automat|c payment run ? (Mu|ty)

A 1he sequence of Lhe banks for processlng ouLgolng paymenLs ls
selecLed randomly
8 ?ou can only deLermlne one paymenL meLhod per house bank
C ?ou can selecL several paymenL meLhods per counLry
u ?ou can speclfy by bank and meLhod Lhe anLlclpaLed number of days
before Lhe bank accounL ls deblLed
L ?ou can deLermlne Lhe banks Lo be used for paymenLs accordlng Lo
posLal code

30 Wh|ch of the fo||ow|ng factors does the systems take |nto account
|n a payment run ?(Mu|ty)
A llscal year varlanL
8 aymenL meLhod speclflcaLlons ln Lhe lMC
C SpeclflcaLlons ln Lhe vendor masLer records
u lnformaLlon ln Lhe documenLs(lncomlng lnvolces)
L SpeclflcaLlons made when malnLalnlng Lhe paymenL run parameLers
31 Wh|ch of the fo||ow|ng statements are correct ?(Mu|ty)

A When creaLlng a Pouse bank you do noL need Lo speclfy Lhe
counLry

8 1he paymenLs program can use a dlfferenL Pouse bank for each
dlfferenL paymenL meLhod

C A Pouse bank accounL can be deflned ln more Lhan one currency

u Pouse bank masLer daLa musL be creaLed ln advance before
asslgnlng Lhe Pouse bank Lo a paymenL meLhod ln Lhe paymenL program
conflguraLlon

L A house bank can be asslgned Lo a buslness area wlLhln Lhe
paymenL program conflguraLlon

32 When enter|ng a document us|ng a fore|gn currency wh|ch date |s
used to determ|ne the exchange rate |f the trans|at|on date |s not
entered ?(S|ng|e)

A osLlng daLe

8 uocumenL daLe

C LnLry daLe

u 8asellne daLe

33 where are post|ng per|ods def|ned?(Mu|ty)

A osLlng perlod varlanL

8 llscal year varlanL

C lleld sLaLus varlanL

u Closlng perlod varlanL

3 wh|ch of the fo||ow|ng statements supports the reversa| of a
document?(Mu|ty)

A 1he orlglnal documenL conLalns no cleared llne lLems

8 uocumenLs orlglnaLlng ln oLher modules should be correcLed Lhere
Lo allow Lhe changes Lo flow naLurally Lhrough Lo flnanclal
accounLlng

C lf a reversal daLe ls noL speclfled Lhe sysLem reverses Lhe
documenL uslng Lhe posLlng daLe of Lhe documenL Lo be reversed

u A new documenL number ls creaLed for Lhe reversal documenL

3S Choose the correct statements regard|ng recurr|ng documents
(Mu|ty)

A When creaLlng a recurrlng documenL Lhe valld Llme perlod musL be
deflned

8 1he posLlng daLe ls deLermlned by elLher Lhe run daLe or Lhe run
schedule

C lleld values can be changed ln recurrlng documenL
u AfLer runnlng Lhe recurrlng documenL posLlng Lhe nexL run daLe
cannoL be dlsplayed
L 1he orlglnal recurrlng documenL can be deleLed from Lhe baLch
lnpuL menu

36 In manua| bank statement custom|z|ng you must (Mu|ty)

A ueflne an lnLernal acLlvlLy

8 ueflne a posLlng rule

C ueflne a posLlng Lype

u ueflne a currency

L ueflne an accounL symbol

3 Wh|ch of the fo||ow|ng statements about manua| p|ann|ng are
correct?(Mu|ty)

A 1he plannlng Lype deLermlnes whlch bank accounLs Lhe plan amounL
Lo be lnpuLLed Lo

8 1he explraLlon daLe shows how long Lhe paymenL advlce ls lncluded
ln plannlng

C 1he paymenL advlces for edlLlng can be changed archlved or
reacLlvaLed

u Archlved paymenL advlces are lncluded ln plannlng Llll Lhe value
daLe

L 1he reLenLlon perlods are deLermlned by Lhe bank accounL name

38 8ank accounts shou|d be contro||ed as fo||ows when Cash
Management |s |n use(Mu|ty)

A Cpen lLems are managed for boLh Lhe maln bank accounL and Lhe
bank clearlng accounL

8 8oLh Lhe maln bank accounL and Lhe bank clearlng accounL
permlL llne lLem dlsplays

C 1he maln bank accounL and Lhe bank clearlng accounL use Lhe
same sorL key

u 1he value daLe ln Lhe fleld sLaLus sLrlng for boLh Lhe maln
bank accounL and Lhe bank clearlng accounL musL accepL enLry

L 1he cashrelevance flag ln Lhe masLer records for boLh Lhe
maln bank accounL and Lhe bank clearlng accounL musL be seL

39 Wh|ch of the fo||ow|ng statements about creat|ng customer master
records are correct? (Mu|ty)

A An accounL group always geLs asslgned Lo a cusLomer

8 1he company code ls always a requlred enLry

C 1he accounL number may be asslgned by Lhe user exLernally

u lnformaLlon on each screen may be deflned ln conflguraLlon as
mandaLory suppressed or opLlonal dependlng upon Lhe accounL group

L lnformaLlon on each screen may be deflned ln conflguraLlon as
mandaLory suppressed or opLlonal dependlng upon Lhe company code

0 Wh|ch of the fo||ow|ng statements are correct? (Mu|ty)

A A cusLomer masLer ls dlvlded by cllenL level and company code
level

8 ln case of oneLlme cusLomer you have Lo enLer Lhe cusLomers
address ln Lhe documenL lLself

C Address conLrol daLa and reconclllaLlon accounL are lncluded ln
Lhe cllenL level of Lhe cusLomer

u 1he mosL efflclenL way Lo creaLe masLer records ls Lo work wlLh
Lhe exLernal number range noL lnLernal number range

1 Wh|ch of the fo||ow|ng statements are correct? (Mu|ty)

A lf a cusLomer ls also a vendor Lhe sysLem can lnclude
ouLsLandlng AccounLs 8ecelvable lnvolce lLems ln paymenL program

8 lf a cusLomer ls also a vendor Lhe sysLem can lnclude
ouLsLandlng AccounLs ayable lnvolce lLems when you clear lncomlng
paymenL recelpLs for Lhe cusLomer

C 1he reconclllaLlon accounL deflned on Lhe cusLomer masLer
record ls an accounL used Lo reconclle CC LransacLlons back Lo ll

u All cusLomer belonglng Lo Lhe same accounL group musL be
asslgned Lo Lhe same reconclllaLlon accounL

L 1he alLernaLlve payer ls used Lo Lransfer ouLsLandlng
recelvable lLem Lo Lhe alLernaLlve payers accounL

2 8u|k change of ||ne |tem th|s funct|on a||ows you to change a
who|e group of ||ne |tems s|mu|taneous|y |nstead of hav|ng to change
|nd|v|dua| |tems |n the documents What data can you change us|ng
th|s funct|on?(Mu|ty)

A 1he reconclllaLlon accounL
8 1he company code

C 1he paymenL Lerms and paymenL block

u 1he house bank and paymenL meLhod

3 Wh|ch of the fo||ow|ng order types are |nterna| orders?(Mu|ty)

A 8esulL analysls orders for posLlng accrual cosLs ln CC

8 CaplLal lnvesLmenL orders for creaLlng asseLs

C MalnLenance orders

u Sales orders for makeLoorder funcLlon

L CC producLlon orders

Wh|ch of the fo||ow|ng statements are correct regard|ng Interna|
Crders? (S|ng|e)

A lannlng LransacLlons are allowed under any sLaLus

8 Cnce an order has been released only closlng enLrles can be
made

C 1ransacLlons can be allowed or dlsallowed dependlng ln Lhe
order sLaLus

u AddlLlonal order sLaLus caLegorles can be creaLed ln Lhe
order masLer

SWh|ch of the fo||ow|ng statements |s true about CC product|on
orders?(Mu|ty)

A lL ls an lnLernal order used Lo conLrol producLlon from a
cosL accounLlng polnL of vlew

8 8llls of maLerlals and rouLlngs are requlred

C lL ls noL posslble Lo posL goods movemenLs Lo and from Lhe
order

u ?ou can posL prlmary cosLs from llnanclal AccounLlng Lo Lhe
order

L ?ou can posL secondary cosLs from overhead calculaLlon Lo
Lhe order

6Wh|ch statements are true regard|ng d|rect and |nd|rect act|v|ty
a||ocat|ons? (Mu|ty)

A lf boLh Lhe amounL of Lhe acLlvlLy used by Lhe recelver and
Lhe LoLal ouLpuL acLlvlLy quanLlLy of Lhe sender can be measured
Lhen lndlrecL acLlvlLy allocaLlon ls used

8 lf Lhe amounL of acLlvlLy consumed by Lhe recelver ls noL
measured Lhen lndlrecL acLlvlLy allocaLlon ls used

C Manual acLlvlLy lnpuL plannlng cannoL be performed lf acLual
acLlvlLles are allocaLed lndlrecLly

u lf dlrecL acLlvlLy allocaLlon ls used Lhe LoLal ouLpuL
acLlvlLy quanLlLy ls deLermlned by summlng all of Lhe acLlvlLy
quanLlLles allocaLed

1he pr|mary cost e|ement |s one type of master data |n
Contro|||ng 8efore you can create a new pr|mary cost e|ement
certa|n prerequ|s|tes need to be fu|f|||ed

Whlch of Lhe followlng condlLlons musL be fulfllled 8LlC8L you can
creaLe prlmary cosL elemenLs?(MulLy)

A 1he conLrolllng area musL be deflned

8 1he cosL cenLer musL be deflned

C 1he C/L accounL musL be deflned

u 1he planL musL be ln Lhe sysLem

L 1he buslness areas have been deflned

8 What |s the d|fference between d|str|but|on and assessments?
(Mu|ty)

A ulsLrlbuLlon can be made for boLh planned and acLual flgures
assessmenLs cannoL

8 ulsLrlbuLlons can be made uslng sLaLlsLlcal key flgures
assessmenLs cannoL

C ulsLrlbuLlons are used when Lhe orlglnal cosL lnformaLlon ls
necessary on Lhe recelver assessmenLs are used when Lhls lnformaLlon
ls noL necessary on Lhe recelver

u ulsLrlbuLlons are made uslng Lhe orlglnal prlmary cosL
elemenLs assessmenLs are made uslng secondary cosL elemenLs

11 What system too| a||ows you to add graph|cs rearrange f|e|ds
add pushbuttons and change |nput f|e|ds |nto rad|o buttons?(S|ng|e)

A Culx1
8 CulCapLure
C SACul
u SAShow
L roflle CeneraLor

12 Wh|ch of the fo||ow|ng can you add to a Iavor|tes ||st?(Mu|ty)
A I||es
8 1ransacLlons
C Web address
u 8eporLs
L user menus

13 What does SA ca|| the new asset va|ue d|sp|ay transact|on?
(S|ng|e)
A lLem Lxplorer
8 AccounLs Lxplorer
C AccounLs vlewer
u AsseL vlewer
L AsseL Lxplorer

1 Wh|ch of the fo||ow|ng statements about yearend c|os|ng are
correct?(Mu|ty)
A ?ou carry ouL yearend closlng before Lhe flscal year change
8 uurlng yearend closlng Lhe program checks lf Lhe yearend
closlng can be carrled ouL
C Cnce Lhe yearend closlng was successfully compleLed Lhe sysLem
auLomaLlcally changes cerLaln enLrles ln CusLomlzlng (closed flscal
year)
u ?ou cannoL creaLe and posL Lo new flxed asseLs unLll 1he year
end closlng ls successfully compleLed
L ?ou can only conducL yearend closlng on !une 30 or uecember 31
of each year

1S What steps have to be comp|eted before you can generate asset
c|asses form G]L accounts? (Mu|ty)
A AccounL selecLlon
8 AccounL deLermlnaLlons
C number range lnLervals
u Screen layouL varlanLs
L AsseL classes

16 Ior each deprec|at|on area you need to spec|fy whether you want to
(Mu|ty)
A posL depreclaLlon aL perlodlc lnLervals Lo Lhe general ledger
8 posL asseL values aL perlodlc lnLervals
C auLomaLlcally posL values onllne
u use lndex classes
L posL Lo buslness areas

1 |ease c||ck on the button next to the correct answer(Mu|ty)
A 1he buslness area can run across many company codes le
all company codes can posL ln all buslness areas
8 A company code may belong Lo more Lhan Cne ConLrolllng Area
C Lach company codes uses exacLly one charL of accounLs and one
charL of depreclaLlon
u 8uslness areas are used Lo creaLe lnLernal balance sheeLs and
lncome sLaLemenLs

18 1he t|me of the f|rst acqu|s|t|on post|ng to the asset sets the
fo||ow|ng f|e|ds |n the master of asset(Mu|ty)
A Lhe depreclaLlon sLarL daLe per depreclaLlon area
8 Lhe cosL enLer Lo be hlL Lhrough depreclaLlon
C Lhe daLe of caplLallzaLlon
u Lhe depreclaLlon key

19 Usua||y one Chart of Deprec|at|on |s def|ned for each country
At wh|ch |eve| |s the chart of Deprec|at|on created?(S|ng|e)
A aL Company Code level
8 aL CllenL level
C aL CharL of accounLs level
u aL 8uslness area level
L aL SysLem level

20 What are the funct|ons asset c|ass?(Mu|ty)
A AsseL number asslgnmenL
8 CosL CenLer deLermlnaLlon
C Screen layouL
u AccounL allocaLlon
L ueflnlLlon of defaulL value

SampIe Questions

Q1. The organizational units of Financial Accounting are used for external reporting
purposes, that is, they fulfil requirements that your business is subject to from external
parties, for example, legal regulations.
Which of the following Organizational units are mandatory in an ERP system with F?
(More than one answer is correct)

A. Client
B. Business Area
C. Company code
D. Company

Answer:
A, C

You create your company-specific organizational structure in the SAP System by defining
the organizational units and making the basic settings. Defining organizational units for
Financial Accounting is obligatory, that is, you have to define these units in order to be
able to implement the Financial Accounting component.

OrganizationaI unit Definition
Client Obligatory
Company Optional
Company code Obligatory
Business area Optional

Apart from this, there are certain Basic settings that are mandatory as well. These are:

Chart of accounts

Fiscal year

Currencies

Q2. You can configure different types of Chart of Accounts in the ERP system. Some of
these are:

A. Operating chart of accounts

B. Group chart of accounts

C. Country-specific chart of accounts

D. Plant specific chart of accounts

Answer:
A, B, C

Charts of accounts can have three different functions in the system:

W Operating chart of accounts
The operating chart of accounts contains the G/L accounts that you use for posting in your
company code during daily activities. Financial Accounting and Controlling both use this
chart of accounts.
You have to assign an operating chart of accounts to a company code.

W Group chart of accounts
The group chart of accounts contains the G/L accounts that are used by the entire
corporate group. This allows the company to provide reports for the entire corporate
group.
The assigning of an corporate group chart of accounts to a company code is optional.

W Country-specific chart of accounts
The country-specific chart of accounts contains the G/L accounts needed to meet the
country's legal requirements. This allows you to provide statements for the country's legal
requirements.
The assigning of an country-specific chart of accounts to a company code is optional.

Q3. The company code, business area and controlling area organizational units can be
combined in a number of ways. Using these combinations you can represent
organizations with different structures. Which of the following are valid combinations?

A. One Company Code can be assigned to multiple Controlling areas

B. One Controlling area can be assigned to multiple company codes

C. One business area can be assigned to multiple company codes

D. One company code can be assigned to multiple business areas

Answer:
B, C, D

One Controlling Area is Assigned to One Company Code
n this example, the financial accounting and cost accounting views of the organization are
identical.

Multiple Company Codes Assigned to One Controlling Area
This example is Cross-Company Code Cost Accounting. Cost accounting is carried out
in multiple company codes in one controlling area. All cost-accounting relevant data is
collected in one controlling area and can be used for allocations and evaluations. n this
case, the external and internal accounting perspectives differ from each other.
For example, this method can be used if the organization contains a number of
independent subsidiaries using global managerial accounting. Cross-company code cost
accounting gives you the advantage of using internal allocations across company code
boundaries.

Company Codes and Business areas have an n:m relationship

Q4. You need to assign more than one company code to one controlling area. Under
what kind of a business scenario would you need to consider such a decision?

A. Cross-company code transactions that MUST be processed in a controlling area

B. Multilevel Product Cost Management across company codes

C. Representation of intercompany processes, whereby producing and delivering plant
are the same.

Answer:
A, B

A 1:n relationship between controlling area and company code is recommended for the
following situations:

Cross-company code transactions that MUST be processed in a controlling area,
for example, production in an associate plant, special cases of intercompany processing.

Cross-company code CO postings that can be displayed in the reconciliation
ledger, such as assessments, capitalization of internal activity in Asset Accounting,
activity allocation.

Representation of group costing.

Use of Profit Center Accounting and transfer prices.

Multilevel Product Cost Management across company codes

A 1:1 relationship between controlling area and company code is recommended for the
following situations:

Consolidated analysis of settled transactions across company codes in Profitability
Analysis (CO-PA) n this situation, you assign more than one controlling area to an
operating concern

Representation of intercompany processes, whereby producing and delivering plant
are the same.

Q5. Which of the following tax types does the SAP System support for calculating,
posting, and correcting tax, as well as for tax reporting?

A. Tax on sales & purchases
B. Withholding Tax
C. Top Up Tax
D. Additional Tax

Answer:
A, B, D

The following Tax types are supported in a standard SAP system:

Tax on saIes and purchases
Taxes on sales and purchases are levied on every sales transaction in accordance with
the principles of VAT. This applies to input and output tax, for example.
nput tax is calculated using the net invoice amount and is charged by the vendor.
Output tax is calculated using the net price of products and is charged to the customer.
Companies can offset input tax against output tax, paying the balance to the tax
authorities. Tax authorities can set a nondeductible portion for input tax which cannot then
be claimed from the tax authorities.

AdditionaI tax
Additional taxes are taxes that are posted in addition to tax on sales/purchases. They are
usually country-specific, such as investment tax in Norway, or sales equalization tax in
Belgium.

SaIes tax
An example of sales tax is the sales and use tax that exists in the USA. Sales
transactions that are taxed must be kept strictly separate from sales transactions that are
not taxed.
n general, goods that are intended for production or for resale to a third party are
procured untaxed; that is, the vendor does not calculate tax on the sale of these goods
(sales tax). Procurement transactions for individual consumption, on the other hand, are
taxable (use tax).
The principle of sales tax does not permit the option of offsetting input tax against output
tax. The vendor must pay the taxes to the tax authorities.
The system calculates sales tax based on material and customer location and posts it in
Sales and Distribution (SD) and Materials Management (MM). f customers or vendors
are exempt from taxation, you can specify this in their master records by entering the
appropriate indicator.

WithhoIding tax
n some countries, a portion of the invoice amount must be withheld for certain vendors
and paid or reported directly to the tax authorities.
SAP currently provides two functions for calculating withholding tax: Classic withholding
tax and extended withholding tax.

Extended withholding tax includes all the features of classic withholding tax and, in
addition, also fulfills a number of further country-specific requirements.
f you wish to implement the withholding tax functions, you should choose extended
withholding tax.

Q6. Depending on your system's configuration, the system can generate and post line
items automatically. For which business transactions can this be done?

A. Entering a customer invoice
B. Entering Special G/L transactions
C. Posting a Vendor Payment

Answer:
A, B, C

The following line items are generated for each of the above business transactions:

Entering a customer or vendor invoice
Tax on sales/purchases (output tax when posting a customer invoice, input tax when
posting a vendor invoice)
Payables and receivables between company codes (when posting cross-company
code transactions)

Posting a customer or vendor payment and cIearing open items
Cash discount (paid and received when posting payments)
Backdated tax calculation for tax on sales/purchases (after cash discount deduction)
Gains and losses from exchange rate differences (between invoice and payment)
Unauthorized deduction of cash discount (when a payment is slightly different to the
amount due)
Residual items
Bank charges

Entering speciaI G/L transactions
Bill of exchange charges
Tax adjustment for a down payment
Q7. You can add details to any automatically generated line item. For example, you can
add text to a tax on sales/purchases line item.

A. True
B. False

Answer:
A

f you are permitted to make additional account assignments to the automatically
generated line items, the system branches directly to the document overview. Here, the
automatically generated items are highlighted.

To enable this, you need to make sure that the G/L account is marked as adjustable and
that the appropriate field is defined as optional or required in the field status group.

Q8. The document type is a key that is used to classify accounting documents. t is
entered in the document header and applies to the whole document.
Which of the following purposes are achieved by using document types?

A. Assigning document numbers
B. Posting to account types
C. Clearing line items
D. Differentiating between business transactions

Answer:
A, B, D

The following purposes are served by using 'Document Types:

Differentiating between business transactions. The document type tells you
instantly what sort of business transaction is in question. This is useful, for example, when
displaying line items for an account.

ControIIing the posting to account types (vendor, customer, or G/L
accounts). The document type determines which account types that particular document
can be posted to.

W Assigning document numbers. A number range is assigned to every document
type. The numbers for the documents you create are taken from this number range. The
original documents from one number range should be stored together. n this way, the
document type controls document storage.
For more information, see Document Number Assignment and Controlling Document
Storage Using the Document Type

W AppIying the vendor net procedure. This means that any discount and the net
amount are calculated (and posted) when the vendor invoice is posted.

Q9. f you have entered an incorrect document, you can reverse it, thereby also clearing
the open items. With reference to 'document reversal', which of the following are true?

A. A document can be reversed if it has no cleared items
B. Documents in MM can be reversed with a credit memo
C. f the posting period of the source document has already been closed, you have to
enter a date that falls in an open posting period (for example, the current one) in the
Posting date field.

Answer:
A, C

A document can only be reversed if:
t contains no cleared items
t contains only customer, vendor, and G/L account items
t was posted with Financial Accounting
All entered values (such as business area, cost center, and tax code) are still valid

f a line item from a source document has been cleared, a reversal can only be carried out
after the clearing is reset. nformation on clearing is available in F General Ledger
Accounting as well as F Accounts Receivable and Accounts Payable.

Documents from SD can be reversed with a credit memo.

Documents from MM must be reversed with functions in that component because the
reversal function in F does not reverse all the values required.

There are two ways of updating transaction figures when reversing a document:
The document and the reverse document increase the account transaction debit and
credit figures by the same amount.
After a document has been reversed, the balance of the account affected is shown
as if the document had never been posted. (Negative Postings)

You generally post the reversal document in the same posting period as the
corresponding original document. f the posting period of the source document has
already been closed, you have to enter a date that falls in an open posting period (for
example, the current one) in the Posting date field.

Q10. A number of periodic tasks are executed on a regular basis (daily, weekly, or
monthly) in the SAP System. This process is supported by the individual components of
the Schedule Manager. Which of the following are components of the Schedule Manager?

A. Flow definition
B. Scheduler
C. Monitor
D. Exception area

Answer:
A, B, C

The following are the key components of schedule manager:

FIow definition
n a flow definition, you can link tasks to each other if they are related or if you wish to use
a worklist in them. You can therefore schedule a flow definition as a task in the scheduler.

ScheduIer
n the scheduler, you can schedule tasks in a structure tree. You can use drag-and-drop in
a daily overview to enable the system to execute the tasks at a certain time.

Monitor
The monitor gives you an overview of the scheduled tasks during and after processing.
You can correct faulty objects in a worklist.
WorkIist
Objects that are to be processed in a processing step sequence are managed in the
worklist.
The worklist monitor presents information such as which objects were processed without
errors and which objects could not be processed. You can display information on the
cause of errors, and thus control the way in which the object is processed further.
The worklist ensures that when a processing step sequence is processed again, the
system only processes the obj ects which had errors or which you manually instructed the
system to reprocess.

Q11. You would like to use recurring entries for periodic transaction. Which of the
following are False with reference to 'recurring entries'?

A. Posting Key, Account and Amount never change in recurring entries
B. Postings can be made periodically or on a specific date
C. Recurring documents do Not require a separate number range.

Answer:
C
Recurring entries are business transactions that are repeated regularly, such as rent or
insurance. The following data never changes in recurring entries:
Posting key
Account
Amounts
You enter this recurring data in a recurring entry original document. This document does
not update the transaction figures. The recurring entry program uses it as a basis for
creating accounting documents.
Structure
The system uses the recurring entry original document that you enter as a reference. t is
not an accounting document and therefore does not affect the account balance.
n the recurring entry document, you define when a posting is to be created with this
document. You have two options for scheduling. Postings can be made periodically or on
a specific date:
For periodic postings, specify the first and last day of execution, as well as the
interval in months.
f you want to specify certain dates, enter a run schedule in the recurring entry
original document. Store the required dates in the mplementation Guide (MG). Choose
Define RunF Recurring Entries F Document FFinancial Accounting Global Settings
Schedules/Enter Run Dates.

To post recurring entry documents, you have to set up a separate number range for the
company codes that use them. You have to use key X1 for the number range. The system
takes numbers for the recurring entry original document from this number range.

Q12. You are responsible for 'dunning' configuration. Which of the following are part of
configuring the dunning functionality?

A. Dunning Codes
B. Dunning tems
C. Dunning areas

Answer:
C

The dunning configuration consists of configuring the following:

W Dunning procedure
The dunning procedure controls how dunning is carried out by the system. You can define
as many dunning procedures as you like.

W Dunning IeveI
The dunning levels are calculated based on the number of days open items are in arrears.
You can also have the system calculate the dunning levels based on the dunning amount
or a percentage paid (sales-related dunning level determination).
You can determine more than one dunning level per dunning procedure.

W Dunning areas
A dunning area is an organizational unit within a company code used for the dunning
process.
A dunning area can be a division or a sales organization. You assign a dunning area to
an open item when you are posting. You can dun items separately by dunning area.

1. The length of G/L account number should be mentioned in Chart of accounts.
2. The G/L account becomes a complete G/L account if we have added the company code segment to chart of account segment.
3. f we are using the same chart of account in more than one company code the account name and account number is the same in all company
codes.
4. The appearance of the company code segment of a G/L account is based on account group entered in the chart of account segment.
5. Creation of duplicate accounts in A/P can be prevented by using the match code before creating the new account & switching on automatic
duplication check.
6. By mentioning the base line date, cash discount periods, and cash discount percentage rate in payment terms, system will calculate due date
of the invoice and cash discount.
7. The specifications for permitted payment differences can be found in both types of tolerance groups. They control the automatic posting of
cash discount adjustments and unauthorized deductions.
Ans: True
8. All reconciliation accounts and all general ledger accounts with open item transactions in foreign currency must be assigned to the
revenue/expense accounts for realized losses and gains.
Ans: True
9. R/3 system contains
Ans: 1. Data base server 2. AppIication server 3. Presentation server onIy.
10. All data and programs are contained in AppIication server & Database server
11. SAP business object consists of attributes and methods
12. Maximum number of sessions a user can open when he logs on to SAP?
Ans: six
13. Fiscal year can be both year dependent and year independent.
14. Fiscal year which is a calendar year can have 12 normaI periods.
15. Shortened fiscal year can have should have Iess than 12 periods.
16. Company code can have one IocaI currency onIy.
17. Postings in a company code are done in G/L account of operative chart of accounts.
18. Retained earnings account is specific to chart of accounts.
19. Company can use both direct and indirect exchange rates - True
20. Business areas are used for reporting across company codes - True
21. Posting in a G/L account is controlled by field status group in the company code segment
22. Company code can have more than one retained earnings account - TrueChart of accounts can have more than one retained earnings
account - True
23. account group controls the master record field status - True
24. Which of the following are correct with respect to your G/L account house bank name
a. the g/l account house bank name shall be the same as in the bank directory - FaIse
b. the g/l account house bank name need not be the same as the bank's name in the bank directory - True
c. the g/l account house bank name is user-definable - True
d. the g/l account house bank name is defined at the chart of account level - True
e. the g/l account house bank name is modifiable at the company code segment of the chart of accounts - FaIse
25. Your house bank number cannot be set to be defaulted from house bank key - True
26. The G/L account for a bank is linked to one house bank plus one account id
27. One bank account is mapped in SAP to Account id & House bank
Question:
Which of the following statements are correct?
Answer:
A Nore than one chart of accounts can be created for each client
B The chart of accounts contains all the C/L accounts, vendor accounts and customer accounts
C Nore than one company code can be allocated to the same chart of accounts
D The chart of accounts controls all the customising settings in the R/3 system
E All accounts within a chart of accounts must have the same tax code

Question:
What status reports does Cash Nanagement and forecasting include?
Answer:
A. Cash management position
B. Liquidity forecast
C. Credit limit report
D. C/L account balances
E. Bill holdings

Question:
Which of the following are clearing procedures in accounts receivable?
Answer:
A. !ncoming payment
B. Down payment request
C. Credit memo
D. Transfer posting

Question:
When creating an Overhead Cost Order, the first order information which must be entered is:
Answer:
A. Order status
B. Order type
C. Settlement type
D. Curreny
E. Classification code

Question:
When creating an Overhead Cost Order, the settlement rule must be entered in the control data.
Which settlement receivers are available for internal orders?
Answer:
A. Cost center
B. Orders
C. Ceneral ledger accounts
D. Asset
E. vendor

Question:
!n Controlling, a distinction is made between master data, planning, actual data and the information system.
Which of the following master data belongs to Controlling?
Answer:
A. C/L account
B. Work center
C. Cost center
D. Activity type
E. Supplier

Question:
Withing Overhead Cost Controlling activities are calculated. A Sender/Receiver relationship exists. However, not all
Sender/Receiver combinations are allowed.
Which of the following combinations make business sense?
Answer:
A. Sender. Cost Center, Order, Project
Receiver. Cost Center, Order, Project
B. Sender. Order
Receiver. Cost Center, Project
C. Sender. Cost Center
Receiver. Cost Center, Order, Project, Cost Object

Question:
Period closing activities are also performed in Controlling. This is dependent on certain prerequisites. Which of the
following are N!N!NUN criteria before it makes sense to carry out period closing?
Answer:
A. The posting period has been closed.
B. Naterials have been withdrawn.
C. Personnel costs have been incurred.
D. Overhead has been incurred.
E. An order was closed.

Questions
1. How can you separate vendor payments Ior construction advances Irom regular down
payments?
Please choose the correct answer.
a) C CreaLe and use a Speclal Ceneral Ledger lndlcaLor for
consLrucLlon advances
b) C Conflgure a new vendor accounL group and asslgn consLrucLlon
advance vendors Lo lL
c) C Make regular down paymenLs open Lhem for updaLe and flag
Lhem as down paymenLs
d) C erform a separaLe paymenL run for paymenL of consLrucLlon
advances
. Many oI a company's customers regularly pay less than is charged on their bills, or Iail to
pay their bills at all. Along with normal dunning letters, the company uses a manual, not IT-
based process, to track and resolve these cases.
Which application would you recommend to improve the processing oI accounts receivable
and to reduce outstanding invoices?
a) C SA 8llllng ConsolldaLlon
b) C SA CollecLlons and SA ulspuLe ManagemenL
c) C SA CredlL ManagemenL
d) C SA Cash ManagemenL
3. Which oI the Iollowing processes changes the acquisition value oI an asset?
a) C Change of Lhe useful llfe of Lhe asseL
b) C unplanned depreclaLlon of Lhe asseL
c) C Change of Lhe depreclaLlon key of Lhe asseL
d) C 8eLlremenL of Lhe asseL
. Your customer wants to add certain values Irom a source document into the account
document automatically. You recommend them to use a Iunction module.
Which oI the Iollowing are attributes oI Iunction modules?
Note: There are two ( correct answers to this question.
a) C luncLlon modules can be called ouL of A8A programs
b) C luncLlon modules are reusable subrouLlnes
c) C luncLlon modules have Lo be released by SA
d) C luncLlon modules are auLomaLlcally lmporLed vla SupporL
ackages
5. What language is selected Ior print correspondence to business partners (such as dunning
notice, individual letters, balance conIirmations, and payment notices?
a) C 1he users logon language
b) C 1he language malnLalned ln Lhe vendor or cusLomer masLer daLa
c) C 1he language asslgned Lo Lhe accounLlng clerk malnLalned ln Lhe
vendor or cusLomer masLer daLa
d) C 1he language of Lhe counLry malnLalned ln Lhe vendor or
cusLomer masLer daLa
6. A company in a high-inIlation country wants to valuate their Iinished products with actual
costs reIlecting all the latest price variances.
Which method do you recommend?
a) C use lowesLvalue deLermlnaLlon of raw maLerlals
b) C use acLual prlce deLermlnaLlon ln Lhe maLerlal ledger
c) C valuaLe all maLerlals wlLh LllC valuaLlon
d) C AcLlvaLe lllC valuaLlon ln Lhe speclal ledger
. The management oI an international company perceives the implementation oI SAP ECC
6.0 with the New General Ledger Accounting as an opportunity to standardize their global
processes and still be in compliance with statutory local reporting.
What are some oI the key design decisions that support their global requirements?
Note: There are three (3 correct answers to this question.
a) C 1hey should adopL a masLer daLa governance sLraLegy Lo globally
enhance Lhe lnLegrlLy of masLer daLa
b) C 1hey should use one global conLrolllng area and asslgn Lhe credlL
conLrol areas Lo Lhe conLrolllng area
c) C 1hey should deflne mulLlple conLrolllng areas and asslgn
company codes Lo Lhe conLrolllng areas
d) C 1hey should deslgn one leadlng ledger and one nonleadlng
ledger Lo capLure parallel accounLlng reporLlng requlremenLs
e) C 1hey should use one sLandard global charL of accounLs and one
global conLrolllng area and asslgn Lhe company codes Lo Lhe
conLrolllng area
8. What is the correct sequence oI the critical tasks in a New General Ledger Accounting
migration?
a) C 1 erform new C/L mlgraLlon and Lurn on new C/L
2 Close prevlous flscal year uslng classlc C/L
3 SwlLch off classlc C/L
b) C 1 Close prevlous flscal year uslng classlc C/L
3 erform new C/L mlgraLlon and Lurn on new C/L
c) C 1 Close prevlous flscal year uslng classlc C/L
d) C 1 SwlLch off classlc C/L
3 Close prevlous flscal year uslng classlc C/L
. What options are provided by SAP Business Warehouse (SAP BW when creating
Iinancial reports?
a) C ?ou can exporL a Web reporL Lo a 8Lx Web Analyzer reporL
b) C ?ou can converL a MlcrosofL Lxcel plvoL Lable query lnLo an SA
8W reporL
c) C ?ou can dlsplay an analysls ln MlcrosofL Access uslng Lhe
8uslness Lxplorer vlewer
d) C ?ou can dlsplay an analysls on Lhe Web uslng LnLerprlse orLal
and 8Lx Web Analyzer
10. A customer plans to prepare their processes Ior legal consolidation.
Which options are possible to assign the trading partner in the system?
a) C 1he Lradlng parLner can be asslgned ln C/L accounLs dlrecLly
b) C 1he Lradlng parLner can be asslgned ln cusLomer and vendor
masLer records
c) C 1he Lradlng parLner can be asslgned ln a proflL cenLer dlrecLly
d) C 1he Lradlng parLner can be asslgned ln Lhe maLerlal masLer
dlrecLly
SoI utions
1 a) CorrecL 2 a) lncorrecL 3 a) CorrecL a) CorrecL S a) lncorrecL
1 b) lncorrecL 2 b) CorrecL 3 b) CorrecL 4 b) CorrecL 3 b) CorrecL
1 c) lncorrecL 2 c) lncorrecL 3 c) CorrecL 4 c) lncorrecL 3 c) lncorrecL
1 d) lncorrecL 2 d) lncorrecL 3 d)
lncorrecL
4 d) lncorrecL 3 d) lncorrecL

6 a) lncorrecL a) CorrecL 8 a) lncorrecL 9 a) CorrecL 10 a) CorrecL
6 b) CorrecL 7 b) lncorrecL 8 b) lncorrecL 9 b) lncorrecL 10 b) CorrecL
6 c) lncorrecL 7 c) lncorrecL 8 c) CorrecL 9 c) lncorrecL 10 c) lncorrecL
6 d) lncorrecL 7 d) CorrecL 8 d) lncorrecL 9 d) CorrecL 10
d) lncorrecL
7 e) CorrecL

Questions for SAP FI/CO Certification (FI/CO and generaI knowIedge onIy)

1. About evoIution in the worId of business, we can affirmate that (PIease choose the correct sentence):
a) The internet revolution could turn available to companies the use of ERP functionality.
b) The next generation of "new dimension" products appeared taking functionality out of the company, to bring value through extending the
nternet Revolution.
c) The internet has driven to a collaborative environment where value is created through collaboration within business comunities.
d) n the first the companies were looking at Cost reduction and efficiency through integration of business comunities.

2. About the definition of ERP and e-business functionaIities, we can say that (Note: we can have more than one correct sentence. PIease
seIect the sentences you think they are correct):
a) ERP offers enterprise centric functionality (general ledger, payroll, order entry) to integrate core, internal processes.
b) ERP is mySAP Financials and mySAP HR.
c) ERP is SAP R/3, while e-business is mySAP.com.
d) About Business Model, ERP can be considered as enterprise centric and e-business, as extended and collaborative.
e) About Architecture, ERP can be considered as an integrated system and e-business, as an integrated system and an open integration
platform.
f) About Processes, ERP can have them integrated, core within enterprises and collaborative, beyond company boundaries.

3. What is a SAP Business Object (PIease choose the correct sentence)?
a) t is all the transaction data generated via transactions.
b) t is the instancied class of the Class Builder.
c) t is composed of tables that are related in a business context, including the related appplication programs and it is maintained in the Class
Repository.
d) t is the representation of a central business object in the real world, such as an employee, sales order, purchase requisition, invoice and so
on.
e) t is a sequence of dialog steps that are consistent in a business context and that belong together logically.

4. About BAPI (Business AppIication Programming Interface), what is true (Note: we can have more than one correct sentence. PIease
seIect the sentences you think they are correct)?
a) t is a well-defined interface providing access to processes and data of business application systems.
b) BAPs offer a stable, standardized interface for integrating third-party applications and components in the Business Framework.
c) A BAP is assigned to one and only one business object.
d) n the R/3 Enterprise version (4.7) we can use BAP to create an internal order inside a customized ABAP program.
e) A business object in the Business Object Repository (BOR) can have many methods from which one or several are implemented as BAPs.

5. What can we say about ALE (AppIication Link EnabIing, Note: we can have more than one correct sentence. PIease seIect the
sentences you think they are correct)?
a) Business processes cannot be distributed using ALE.
b) The ALE concept is related to an enterprise structure with areas that have central tasks and areas with tasks that are decentralized.
c) The applications are integrated via a central database.
d) The applications are integrated via the message exchange.
e) The ALE concept supports the implementation and operation of distributed SAP applications.

6. A company code is:
a) an independent accounting entity (the smallest organization element for which a complete self-contained set of accounts can be drawn up).
b) an organizational unit in an enterprise that represents a closed system used for cost accounting purposes.
c) an organizational unit that provides an additional evaluation level for the purpose of segment reporting, for example.
d) a dependent accounting entity, according to Fiscal Year.
e) the highest level in the R/3 system hierarchy.

7. Consider the foIIowing sentences:
7.1. The variant principle is a three-step method used in R/3 to assign special properties to one or more R/3 objects.
7.2. One of the disadvantages to use variants is that it can't deal with the maintenance of properties, which are common among several business
objects.
7.3. For using the variant principle, you must define the variant, populate it with values and assign it to the R/3 objects.
7.4. This principle is used for Fiscal Years, Posting Periods and so on.
Which of them is false?
a) 7.1 and 7.2.
b) 7.1 and 7.3.
c) 7.1.
d) 7.2.
e) 7.3.
8.1. A fiscal year has to be defined by means of separating business transactions into different periods.
8.2. Special periods are used for postings, which are related to the process of the year-end closing. n total, 16 special periods can be used.
8.3. The Fiscal Year variant only defines the amount of periods and their start and finish dates.
8.4. The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.
Which of them are true?
a) 8.1 and 8.2.
b) 8.1 and 8.3.
c) 8.2 and 8.3.
d) 8.2 and 8.4.
e) 8.3 and 8.4.

9. What is an independent fiscaI year variant (PIease choose the correct sentence)?
a) t is a variant which the postings periods are only equal to the months of the year.
b) t is a variant which you can define different number of periods, according to the year.
c) t is a variant which each own fiscal year uses the same number of periods, and the postings periods always start and end at the same day
of the year.
d) t is a variant which allows the use of different number of posting periods.
e) t is a variant not normally used because of its particularity.

10. Consider the foIIowing statements about currencies concepts:
10.1. The currency code identifies each currrency that will be used into R/3 system.
10.2. You have to define all the world's currency into R/3 system.
10.3. Exchange rate types distinguishes the exchange rates to be considered for various purposes, such as valuation, translation, conversion,
planning, etc.
Which of them is true (Note: we can have more than one correct sentence. Please select the sentences you think they are correct)?
a) 10.1.
b) 10.2.
c) 10.3.
d) none of them.
e) all of them.

11.1. A base currency can be assigned to an exchange rate type.
11.2. To deal with exchange rate spreads, two very efficient combinations of the exchange rate tools are using a base currency for the average
rate (M) and using the exchange rate spreads to calculate the buying and selling rates (B and G).
11.3. A base currency can be used for an average, a buying or a selling rate.
11.4. The relations between currencies have to be maintained per exchange rate type and currency pair in the translation factors.
Which of these combinations is true?
a) 11.1, 11.3 and 11.4.
b) 11.1, 11.2 and 11.4.
c) 11.2, 11.3 and 11.4.
d) 11.1, 11.2 and 11.3.
e) 11.1, 11.2, 11.3 and 11.4.

12. Consider the foIIowing sentences about the direct quotation:
12.1. t is also known as price notation.
12.2. The currency value is expressed in units of the foreign currency per unit of local currency.
12.3. For direct quotation, the prefix to indicate the rate is "/".
What is the correct option?
a) 12.1.
b) 12.2.
c) 12.3.
d) none of them.
e) all of them.

13. Consider the foIIowing sentences about the indirect quotation:
13.1. t is also known as volume notation.
13.2. The currency value is expressed in the local currency per unit of foreign currency.
13.3. For indirect quotation, there is no prefix to difference between direct quotation.
What is the correct option?
a) all of them.
b) none of them.
c) 12.3.
d) 12.2.
e) 12.1.

14. What of these aIternatives are considered master data (Note: we can have more than one correct sentence. PIease seIect the sentences
you think they are correct)?
a) Chart of Accounts.
b) G/L Accounts.
c) Vendor.
d) Customer.
e) Asset.

15. What can we define into the chart of accounts customizing transaction (OB13 transaction, Note: we can have more than one correct
sentence. PIease seIect the sentences you think they are correct)?
a) Description.
b) Maintenance language.
c) Length of the company code.
d) Length of the G/L account number.
e) Blocking / unblocking chart of accounts.

16. Consider the foIIowing sentences about the chart of accounts segment:
16.1. t contains the Company Code, Account number and the field status group.
16.2. Whenever you need to enter information for a company code for an account number, you have to type again the information related to chart
of accounts segment.
16.3. Texts can be displayed using the program "Account assignment manual"(RFSKTH00).
16.4. Key words facilitate the search for account numbers.
Which of these combinations are false (Note: we can have more than one correct sentence. Please select the sentences you think they are
correct)?
a) 16.1.
b) 16.2.
c) 16.3.
d) 16.4.
e) none of them.

17. True or faIse?
17.1. Every company code that needs to use an account from the assigned chart of accounts has to create its own company code segment.
a) True b) False
17.2. For P+L statement accounts, the balance is carried forward to the same account.
a) True b) False
17.3. n the chart of accounts segment, it is necessary to indicate whether the account will be a balance sheet or a profit+loss statement account.
a) True b) False
17.4. Number intervals for G/L account master records can overlap.
a) True b) False
17.5. t is not possible to influence the appearance of an account's master data.
a) True b) False

18. Consider the foIIowing sentences about fieId status:
18.1. Fields which are ___*_______ can be _______*__.
18.2. Fields which have an entry that ______*_______ can be set to _________ only (even in change mode).
Which of the options below matches the blank spaces of those sentences?
a) used/supressed for 18.1; must be changed/display for 18.2.
b) not used/supressed for 18.1; must be changed/display for 18.2.
c) not used/optional for 18.1; should not be changed/supressed for 18.2.
d) not used/supressed for 18.1; should not be changed /display for 18.2.
e) used/optional for 18.1; must be changed/display for 18.2.

19. Consider the foIIowing sentences about fieId status:
19.1. Fields which ___*_______ can be made _______*__.
19.2. Fields that can be entered, but are not required, can be set to _________ entry.
Which of the options below matches the blank spaces of those sentences?
a) must not have an entry/optional for 19.1; suppresed for 19.2.
b) must have an entry/supressed for 19.1; suppresed for 19.2.
c) must have an entry/optional for 19.1; optional for 19.2.
d) must have an entry/required for 19.1; optional for 19.2.
e) must not have an entry/required for 19.1; optional for 19.2.

20.1. Reconciliation accounts are general ledger accounts assigned to the business partner master records to record all transactions in the sub-
ledger.
20.2. For accounts without line item display, the most important data from the posted line items is stored in a special index table.
20.3. The account currency must be in the local currency.
20.4. tems in accounts with open item management means the G/L accounts should have a offsetting posting for a given business transaction.
Which of these are true (Please choose the correct sentence)?
a) 20.1 and 20.3.
b) 20.2 and 20.4.
c) 20.1 and 20.2.
d) 20.2 and 20.3.
e) 20.1 and 20.4.

21. Since the Iine item dispIay takes up additionaI system resources, you shouId onIy use it if there is no other way of Iooking at the Iine
items. So, you shouId not activate the Iine item dispIay for the foIIowing accounts (Note: we can have more than one correct sentence.
PIease seIect the sentences you think they are correct):
a) P+L Statement.
b) Reconciliation.
c) Revenue.
d) Material Stock.
e) Tax.

22. Consider the foIIwing statements:
22.1. Accounts with open item management must have line item display activated.
22.2. You can activate or deactivate open item management everytime, even if the account hasn't a zero balance.
22.3. You can select both local and foreign currencies as account currency.
22.4. f the account is the local currency, the account can only be posted to this currency.
22.5. When using the "Only Balances in Local Currency" indicator in the master data record, transaction figures are only managed for amounts
translated into local currency.
Which of the above statements are true (Note: we can have more than one correct sentence. Please select the sentences you think they are
correct)?
a) 22.1.
b) 22.2.
c) 22.3.
d) 22.4.
e) 22.5.

23. True or faIse?
23.1. The "Only Balances in Local Currency" indicator must not be set in reconciliation accounts for customers or vendors.
a) True. b) False.
23.2. The "Only Balances in Local Currency" indicator is usually set in balance sheet accounts that are not managed in foreign currencies and not
managed on an open item basis.
a) True. b) False.
23.3. Accounts with a foreign currency as an account currency can be posted to any currency.
a) True. b) False.
23.4. You can use a group chart of accounts for internal purposes.
a) True. b) False.
23.5. The usage of a financial statement version for the group chart of accounts is optional.
a) True. b) False.

24. What is the disadvantage of using the group chart of accounts (PIease choose the correct sentence)?
a) Because changes to existing G/L Accounts are effective as soon as they have been saved and could have extensive consequences.
b) Because accounts with the account currency as local currency can only be posted to this local currency.
c) Because the company codes use different operational chart of accounts, you cannot carry out cross-company code controlling.
d) Because the group chart of accounts must be assigned to each operational chart of accounts.
e) Because you must enter the group account number in the chart of acounts segment of the operational account.

25. Consider the foIIowing statements:
25.1. You cannot use the country chart of accounts if you desire to use the cross-company code controlling.
25.2. The disadvantage of using country chart of accounts is the accounting clerks who may be familiar with the country chart of accounts first
have to get used to using the operational chart of accounts.
25.3. Reconciliation accounts are updated on a daily basis.
Which of them are false (Please choose the correct sentence)?
a) 25.1 and 25.2.
b) 25.1 and 25.3.
c) 25.2 and 25.3.
d) all of them.
e) none of them.

26. Which are the segments of the SD view of the customer account master data (Note: we can have more than one correct sentence.
PIease seIect the sentences you think they are correct)?
a) Client.
b) Company Code.
c) Controlling Area.
d) Sales Area.
e) Purchasing Organization.

27. Which are the segments of the MM view of the customer account master data (Note: we can have more than one correct sentence.
a) Client.
b) Company Code.
d) Sales Area.

28. What is the segment that makes compIete both customer and vendor accounts (PIease choose the correct sentence)?
a) Client.
b) Company Code.
d) Sales Area.

29. What characteristics are configured as standard for every customer/vendor account (Note: we can have more than one correct
sentence. PIease seIect the sentences you think they are correct)?
a) Line tem Display.
b) Company Code.
c) Currency.
d) Open tem Management.

30.1. Number ranges for customer/vendor accounts can overlap.
30.2. An one-time account is a special customer/vendor master record which a company rarely do business.
30.3. The account group is used to control the fields displayed in the master record.
30.4. f you enter an alternative payer, the amount to clear the open items due in the account is paid by the alternative payer.
30.5. One number range can only be assigned to one account group.
correct)?
a) 30.1.
b) 30.2.
c) 30.3.
d) 30.4.
e) 30.5.

31. True or faIse?
31.1. For every bank that is used in the system (for example, as a house bank or as a customer/vendor bank) you have to create a bank master
record.
a) True. b) False.
31.2. Banks that are used by your company are defined as house banks.
a) True. b) False.
31.3. You cannot create bank master data when entering bank information in the customer or vendor master record.
a) True. b) False.
31.4. Bank Account and G/L Account are the same master data object.
a) True. b) False.
31.5. Customers that use the lockbox function can create a batch input session that automatically updates customer banking information in the
master record.
a) True. b) False.
32.1. The system can assign the document numbers or the user can assign the number during document entry.
32.1. A business transaction creates only one document.
32.3. Document types are defined at company code level.
32.4. Number ranges for document numbers and account types defined for postings are defined by the document types.
32.5. Document types also define whether invoices are posted with the net procedure.
Choose the correct option:
a) 32.1, 32.4 and 32.5 are correct.
b) 32.2, 32.4 and 32.5 are correct.
c) 32.3, 32.4 and 32.5 are correct.
d) 32.1, 32.3 and 32.4 are correct.
e) 32.1, 32.2 and 32.5 are correct.

33. What do the posting keys specify (Note: we can have more than one correct sentence. PIease seIect the sentences you think they are
correct)?
a) Whether the line item is connected to a payment transaction or not.
b) Whether the posting is sales-relevant and the sales figure of the account is to be updated by the transaction, for example, by the posting of
a customer invoice.
c) Whether the line items contain "credit" or "debit" values.
d) Whether the line items are valid for a business transaction.
e) Whether the accounts are allowed for posting.

34.1. A company code must be assigned to a posting period variant to have the control for posting periods.
34.2. '+' symbol represents all account types in the posting period customizing screen.
34.3. The account interval in the posting period customizing screen can be both G/L and subledger accounts.
34.4. The maximum amounts are defined per company code in "tolerance groups".
34.5. t is not possible to assign tolerance groups to user logon D's.
a) 34.1, 34.4 and 34.5 are correct.
b) 34.2, 34.4 and 34.5 are correct.
c) 34.3, 34.4 and 34.5 are correct.
e) 34.1, 34.2 and 34.5 are correct.

35. What fieIds of a FI Document Header section can be changed after a document has aIready been posted (Note: we can have more than
one correct sentence. PIease seIect the sentences you think they are correct)?
a) Fiscal Year.
b) Reference Number.
c) Text fields.
d) Header text.
e) Posting date.

36. About the change controI, what conditions beIow are appIicabIe (Note: we can have more than one correct sentence. PIease seIect the
36.1. The posting period is already closed.
36.2. The line item is not yet cleared.
36.3. The document is a credit memo for an invoice.
36.4. The document is not a credit memo from a down payment.
36.5. The line item is either a debit in a customer account or a credit in a vendor account.
a) 36.1.
b) 36.2.
c) 36.3.
d) 36.4.
e) 36.5.

37. What are the prerequisites to enabIe negative postings (Note: we can have more than one correct sentence. PIease seIect the
a) You have to define reversal reasons for negative reversal.
b) You have to ensure company code permits negative postings.
c) You have to define the document type that explicitly allows negative postings.
d) You have to use cleared items.
e) You have to reset cleared items.
38. What is the purpose of the terms of payment (PIease choose the correct sentence)?
a) Calculate a cash discount and invoice due date.
b) Calculate the tax amounts.
c) Enable the cross-company code transactions.
d) Define the baseline date.
e) Calculate only the required conditions for SD invoices.

39. Consider the foIIowing statements:39.1. Terms of payments are copied from invoice to credit memos when they are Iinked to.
39.2. nserting a "V" in the invoice reference field during document entry means the terms of payment are activated in the non-invoice-related
credit memos.
39.3. The account type field in terms of payment basic data screen should be defined separately, to prevent any done change in the term of
payment.
39.4. The system cannot define the splitment of an installment payment, at least you define it in the terms of payment.
39.5. The day limits define the dates of the cash discount periods.
Which of the statements above is false (Please choose the correct sentence)?
a) 39.1.
b) 39.2.
c) 39.3.
d) 39.4.
e) 39.5.

40. True or faIse?
40.1. SAP supports tax on sales and purchases, US sales tax, additional taxes and withholding tax as tax systems for different countries.
a) True. b) False.
40.2. Only national level of taxation is allowed in the R/3 system.
a) True. b) False.
40.3. A tax calculation procedure is assigned to every company code for carrying out tax calculations.
a) True. b) False.
40.4.A jurisdiction code is a combination of the codes of tax authorities that tax movements of goods and use their own tax rates.
a) True. b) False.
40.5. f you desire to post manual tax postings, you have to flag the "Post Automatically Only" field of the account master record.
a) True. b) False.

41. Consider the foIIowing items beIow:
41.1. (Blank)
41.2. "-"
41.3. "+"
41.4. "*"
41.5. "xx"
41.a. Require a tax code
41.b. Require an output tax code
41.c. Require an input tax code
41.d. Non tax-relevant postings
41.e. Predefined tax code xx
Choose the option that matches the items correctly:
a) 41.1-41.c; 41.2-41.e; 41.3-41.d; 41.4-41.b; 41.5-41.a
b) 41.1-41.e; 41.2-41.c; 41.3-41.b; 41.4-41.a; 41.5-41.d
c) 41.1-41.d; 41.2-41.c; 41.3-41.b; 41.4-41.a; 41.5-41.e
d) 41.1-41.a; 41.2-41.b; 41.3-41.d; 41.4-41.e; 41.5-41.c
e) 41.1-41.b; 41.2-41.a; 41.3-41.e; 41.4-41.d; 41.5-41.c

42. What are the exampIes of cross-company code transactions in th R/3 system (Note: we can have more than one correct sentence.
a) One company code makes purchases for other company codes (Central Procurement).
b) One company code pays invoices for other company codes (Central Payment).
c) One company code sells goods to other company codes.
d) One company code transfers CO postings to other company codes.
e) One company code sends HR salary expenses to other company codes.

43.1. Open items are incomplete transactions, such as invoices that have not been paid.
43.2. "Posting with clearing" function can be carried out for several accounts, account types and for any currency simultaneously.
43.3. You can only carry out the "posting with clearing" transaction manually.
43.4. tems with withholding tax can be cleared for the automatic clearing program.
43.5. Documents with open items can be archived.
correct)?
a) 43.1.
b) 43.2.
c) 43.3.
d) 43.4.
e) 43.5.

44. What are the three types of toIerances in the FI component of the R/3 system (PIease choose the correct sentence)?
a) Company Code Groups, Employee tolerance groups and Customer/Vendor tolerance groups.
b) Company Code Groups, G/L Account tolerance groups and Customer/Vendor tolerance groups.
c) Employee tolerance groups, G/L Account tolerance groups and Customer/Vendor tolerance groups.
d) Employee tolerance groups, Assets tolerance groups and Customer/Vendor tolerance groups.
e) Employee tolerance groups, Material Stock tolerance groups and Customer/Vendor tolerance groups.

45. True or faIse?
45.1. When the payment has been posted as a partial payment, all the documents reamain in the account as open items.
a) True. b) False.
45.2. When the payment has been posted as a residual payment, only the residual value remains in the account and the original document and
the payment are cleared.
a) True. b) False.
45.3. The system doesn't post the exchange rates differences as realized gains or losses.
a) True. b) False.
45.4. G/L accounts must be defined for exchange rate losses or gains.
a) True. b) False.
45.5. Realized exchange rate difference is the considered rate when an open item is cleared.
a) True. b) False.

46. Which of them are vaIid business transaction types for cash journaI (Note: we can have more than one correct sentence. PIease seIect
the sentences you think they are correct)?
a) Expense.
b) Revenue.
c) Cash transfer.
d) Customer ncoming/Outgoing payments
e) Vendor ncoming/Outgoing payments

47. Consider the foIIowing items beIow:
47.1. Free offsetting posting
47.2. Automatic offsetting posting
47.3. Noted items
47.a. Example: Requests for down payments.
47.b. Example: The bank postings for a received down payment.
47.c. Example: Posting a guarantee.
Choose the option that matches the items correctly:
a) 47.1-47.c; 47.2-47.b; 47.3-47.a
b) 47.1-47.c; 47.2-47.a; 47.3-47.b
c) 47.1-47.a; 47.2-47.b; 47.3-47.c
d) 47.1-47.b; 47.2-47.c; 47.3-47.a
e) 47.1-47.b; 47.2-47.a; 47.3-47.c

48. What are the four steps of the automatic payment process (PIease choose the correct sentence)?
a) Select open invoices, approve and/or modify payments, post payment documents and print payment media.
b) Maintain parameters, generate proposal run, start payment run and schedule print.
c) Approve and/or modify payments, generate proposal run, start payment run and schedule print.
d) Maintain parameters, start payment run, post payment documents and schedule print.
e) Select open invoices, maintain parameters, post payment documents and start payment run.

49. What can we define for the "AII Company Codes" section, in the payment program configuration (Note: we can have more than one
correct sentence. PIease seIect the sentences you think they are correct)?
a) ntercompany payment relationships.
b) The company code(s) that process payments.
c) Cash discount.
d) Tolerances days for payments.
e) The customer and vendor transactions to be processed.
50. What is a sending company code (PIease choose the correct sentence)?
a) t is a company code that is responsible for processing the outgoing payments.
b) t is a company code that passes the responsibility for processing the outgoing payments to another company code.
c) t is a company code that sends only planned data to the receiver company code.
d) t is a company code that receives only actual data from the receiver company code.
e) t is a company code that has many plants.

51. What can we define for the "Paying Company Codes" section, in the payment program configuration (Note: we can have more than one
a) ntercompany payment relationships.
b) Minimum amounts for incoming and outgoing payments.
c) Forms for payment advice and ED.
d) Bill of exchange specifications.
e) Tolerances days for payments.

52. What can we define for the "Payment Method / Country" section, in the payment program configuration (Note: we can have more than
a) Define payment methods (check, bank transfer, etc.) for each country.
b) Define the master record requirements, i.e. address required, for each payment method.
c) Forms for payment advice and ED.
d) Document types to be used for posting and clearing documents for each payment method.
e) Define the permitted currencies for each payment method.

53. What can we define for the "Payment Method / Company Code" section, in the payment program configuration (Note: we can have
more than one correct sentence. PIease seIect the sentences you think they are correct)?
a) Minimum and maximum payment amounts.
b) Whether payments abroad and foreign currencies are allowed.
c) Grouping options.
d) Bank optimization.
e) Forms for payment media.

54. What can we define for the "Bank seIection" section, ranking order, in the payment program configuration (Note: we can have more
than one correct sentence. PIease seIect the sentences you think they are correct)?
a) Minimum and maximum payment amounts.
b) Which house bank should be considered for payment first, second, third, etc.
c) Currencies.
d) Bank optimization.
e) Bill of exchange account.

55. What can we say about "Bank seIection" section, vaIue date fieId, in the payment program configuration (Note: we can have more than
a) Used with cash management and forecast.
b) Used with the Currencies.
c) The offset account to the sub ledger posting.
d) The number of days until value date plus the posting date.

56. What can we define for "Bank seIection" section, accounts and amounts, in the payment program configuration (Note: we can have
more than one correct sentence. PIease seIect the sentences you think they are correct)?
a) Used with cash management and forecast.
b) Used with the Currencies.
c) The offset account to the sub ledger posting.
d) Clearing accounts for bills of exchange.
e) Available funds in each bank.

57. What can we say about "Bank seIection" section, charges, in the payment program configuration (Note: we can have more than one
a) Assess additional bank charges for incoming and outgoing payments.
b) Used with bills of exchange.
c) Additional automatic posting configuration.
d) The number of days until value date plus the posting date.

58.1. nvoices tha match the specified payment parameters but, for some reason, cannot be paid are listed in the exception list.
58.2. n the proposal run, payments and related postings such as those for tax, tax adjustments, exchange rate differences or cash discount are
posted automatically.
58.3. The payment block can be in: Payment term, Vendor/Customer master data and nvoices.
58.4. DME means Document Medium Exchange.
Which of the following options is correct?
a) 58.1 and 58.3 are correct.
b) 58.1 and 58.4 are correct.
c) 58.2 and 58.3 are correct.
d) 58.2 and 58.4 are correct.
e) 58.3 and 58.4 are correct.

59. True or faIse?
59.1. f you are using check management, you have to use check lots to print checks.
a) True. b) False.
59.2. All the company codes in the payment run parameters must be in the same country.
a) True. b) False.
59.3. A payment method can be used only if it is entered in the account master record.
a) True. b) False.
59.4. The payment proposal can be edited, deleted and recreated as often as necessary.
a) True. b) False.
59.5. The exception list is part of the payment proposal.
a) True. b) False.

60.1. The debit balance check can be carried out after a payment proposal has been created.
60.2. You cannot schedule an automatic payment program.
60.3. When using the Payment Medium Workbench (PMW), the note to payee can be freely defined in Customizing.
a) Only 60.1 is correct.
b) Only 60.2 is correct.
c) Only 60.3 is correct.
d) 60.1 and 60.2 are correct.
e) 60.1 and 60.3 are correct.
61. About the dunning program configuration, what controIs how dunning is carried out (PIease choose the correct sentence)?
a) Company Code.
b) Customer master record.
c) Dunning procedure.
d) Dunning texts.
e) Sales Organization.
62. What of the foIIowing options we can define for each Duning Procedure, in the dunning program configuration (Note: we can have more
a) Grace periods per line item.
b) Key for the dunning procedure to be used.
c) Currencies.
d) nterest calculator indicator for calculation of dunning interest.
e) Bill of exchange account.
63. What of the foIIowing options we can define for each Duning LeveIs, in the dunning program configuration (Note: we can have more
a) Minimum number of days, referring to the due date of net payment, to reach a certain dunning level.
c) f interest is to be calculated.
d) nterest calculator indicator for calculation of dunning interest.
e) Print parameters.

64. What of the foIIowing options we can define for Expenses/Charges, in the dunning program configuration (Note: we can have more
a) A minimum amount for the dunning charges can be set.
c) f interest is to be calculated.
d) Dunning charges, depending on the dunning level.
e) Print parameters.
65. True or faIse?
65.1. Customers without dunning procedure in the master record are dunned with a default dunning procedure.
a) True. b) False.
65.2. f dunning areas are not used, dunning is performed at the company code level.
a) True. b) False.
65.3. t is possible to dun vendors as well as customers.
a) True. b) False.
65.4. The "run date" is always the date when a certain dunning run is supposed to be started.
a) True. b) False.
65.5. The parameters specify the accounts and documents that are to be considered in the dunning run.
a) True. b) False.
66. True or faIse?
66.1. The payment terms of a credit memo usually do not apply, and the due date is either the due date of the associated invoice or the baseline
date of the document.
a) True. b) False.
66.2. Every dunning procedure must have at least four dunning levels.
a) True. b) False.
66.3. An account is only dunned if all the overdue items have exceeded the minimum days in arrears.
a) True. b) False.
66.4. The dunning run updates the dunning data in the dunned items and accounts.
a) True. b) False.
66.5. A dunning notice is only sent if the dunning data has changed since the last dunning run or if "Always dun?" is selected.
a) True. b) False.

67. True or faIse?
67.1. After the dunning proposal has been created, changes to the dunning data in items or master records are ignored in the current dunning
run.
a) True. b) False.
67.2. The dunning proposal can be edited, deleted and recreated as often as required.
a) True. b) False.
67.3. One dunning form can be used for all dunning levels and dunning areas.
a) True. b) False.
67.4. The dunning text for dunning level 6 is stored in text module 616.
a) True. b) False.
67.5. The last dunning level is equal to the legal dunning procedure.
a) True. b) False.
68. Consider the foIIowing statement about Correspondence:A ____1>___ represents a type of letter in the system. Each ____<1>_____
has a corresponding ___2>__. Each __2>__ has a selection variant. Each ____3>_____ is assigned a SAPScript form.
PIease choose the option that substitutes 1>, 2> and 3>, respectiveIy:
a) correspondence, correspondence type, print program.
b) correspondence type, SAP Script form, print program.
c) print program, program, correspondence type.
d) correspondence type, print program, program.
e) program, print program, correspondence type.
69. True or faIse?
69.1. There are two types of interest calculation in SAP R/3: account balance and interest on arrears.
a) True. b) False.
69.2. Account balance interest calculation is applied to individual items in accounts receivable or accounts payable.
a) True. b) False.
69.3. Account master data must contain an interest calculation indicator for interest calculation to take place.
a) True. b) False.
69.4. On a given account, SAP R/3 cannot calculate different interest rates based on the amounts of balances or items.
a) True. b) False.
69.5. You can configure SAP R/3 to calculate interest for customers or vendors that owe you money. You cannot calculate interest, however, if
you owe your business partner money.
a) True. b) False.
70. True or faIse?
70.1. You can void a check without reversing the payment document.
a) True. b) False.
70.2. You can void a check and reverse the payment document at the same time.
a) True. b) False.
70.3. You can void a check and reverse the payment document and the vendor invoice all at the same time.
a) True. b) False.
70.4. You have to maintain customer bank details manually in the master record to ensure that as many incoming payments are assigned as
possible.
a) True. b) False.
70.5. You can define as many financial statement versions as you need to prepare reports according to various criteria, for example, for tax
authorities, for other external users and for internal purposes.
a) True. b) False.
71. Consider the foIIowing statements
71.1. Balance confirmations are done at the beginning of the fiscal year.
71.2. You carry out the foreign currency valuation after you have created the financial statements.
71.3. You can use SAPF100 report to regroup and sort the receivables and payables.
71.4. You enter individual value adjustments (VA) as a special G/L transaction E.
71.5. You can use the SAPF107 program ("Additional valuations") to carry out a flat-rate individual value adjustment.
Which of the above statements are false (Note: we can have more than one correct sentence. Please select the sentences you think they are
correct)?
a) 71.1.
b) 71.2.
c) 71.3.
d) 71.4.
e) 71.5.
72.1. The profit and loss statement can be created using two types of accounting: ____* and *____.
72.2. n ______, the total output of a period and the total costs of this period are summarized.
72.3. n ______, the sales revenue for a period and the sales costs of the period are summarized.
72.4. You can derive the ______ via a substitution rule, if it cannot be entered in the master data.
Please choose the option that substitutes <1>, <2> and <3>, respectively:
a) cost of sales accounting, functional area, period accounting.
b) functional area, period accounting, cost of sales accounting.
c) period accounting, cost of sales accounting, functional area.
d) functional area, cost of sales accounting, period accounting.
e) period accounting, functional area, cost of sales accounting.
73. What is the purpose of the cost of saIes Iedger (PIease choose the correct option)?
a) t stores all cost flows within controlling in a summarized form.
b) t represents the cost element accounting and allow the link between F and CO modules.
c) t serves as a special ledger to maintain transaction figures for each functional area, when the balance sheet is created using cost of sales
accounting.
d) t is a part of the F-GL sub module, intended to maintain transaction figures for each business area, when the balance sheet is created
using cost of sales accounting.
e) t helps to transfer billing values from SD to CO.
74. What is the purpose of the recurring entry program (PIease choose the correct option)?
a) t helps creating the reversal reasons.
b) t helps the often entry of accruals/deferrals.
c) t helps creating the company code.
d) t helps making cash discounts.
e) t helps configuring the reconciliation ledger.

75. What is the intention when we create accruaIs (PIease choose the correct option)?
a) t means the expense/revenue were posted to the current period on receipt/issue of an invoice, but economically they belong, at least
partially, in a future period.
b) t means the expense/revenue belong in the current period and are only posted to a subsequent period once an invoice has been received
or issued.
c) t means the payment won't never occur.
d) t means it is a special G/L transaction.
e) t means it is a normal F Document (document type SA).
76.1. The Accrual Engine is a generic tool for calculating and creating accrual postings.
76.2. One of the disadvantages of being using the Accrual Engine is that you can make periodic accruals postings automatically as performance
optimized mass data processing using an accrual run.
76.3. You have to create deferrals when an expense or revenue is posted in the current period, but is incurred or earned partly or completely in
the future.
76.4. The purpose of the account determination in the Accrual Engine is: determine the document type, the debit account and the credut account.
76.5. One of the benefits provided by the Schedule Manager is the closing process is more transparent and easier to handle.
Which of the above sentences is false (Please choose the correct option)?
a) 76.1.
b) 76.2.
c) 76.3.
d) 76.4.
e) 76.5.

77.1. t is the highest reporting level for profitability and sales and marketing controlling, and the central organizational unit in Profitability Analysis
(CO-PA) used to segment and structure the market.
77.2. t is used to break an organization down according to production, procurement and other considerations.
77.3. t represents a particular level of operations and managerial area and you can generate balance sheets and profit and loss statements on
the basis of it.
What are they related to:
a) Controlling Area, Company Code and Business Area, respectively.
b) Profitability Analysis Code, Company Code and Plant, respectively.
c) Operating Concern, Company Code and Plant, respectively.
d) Controlling Area, Plant and Business Area, respectively.
e) Operating Concern, Plant and Business Area, respectively.
78.1. Controlling areas are organizational units within a company where cost accounting is performed.
78.2. A controlling area cannot contain more than one company code.
78.3. The company codes assigned to a controlling area must all use the same operational chart of accounts.
a) 78.1. is correct.
b) 78.1. and 78.2. are correct.
c) 78.1. and 78.3. are correct.
d) 78.2. and 78.3. are correct.
e) 78.1., 78.2 and 78.3. are correct.
79.1. The controlling area currency must be the same as the company code currency.
79.2. The fiscal year variants of a controlling area and company code can have different numbers of special periods. They must, however, have
the same number of posting periods.
79.3. The controlling area and company codes may have different currencies.
79.4. The currency in which a document is posted to CO is the transaction currency.
Which of the following options applies to when the CONTROLLNG AREA S THE SAME AS THE COMPANY CODE and when T S CROSS-
COMPANY CODE cost accounting, respectively (Please choose the correct option)?
a) 79.1, 79.2 and 79.4; 79.3.
b) 79.1, 79.2 and 79.4; 79.2, 79.3 and 79.4.
c) 79.1 and 79.4; 79.2 and 79.3.
d) 79.1 and 79.2; 79.3 and 79.4.
e) 79.2 and 79.4; 79.1 and 79.3.
80. Consider the foIIowing statement: "It contains information that remains the same over a Iong period of time". It is:
a) Logical Database.
b) F Document.
c) Activity Allocation.
d) Master Data.
e) Reconciliation Ledger.
81. Consider the foIIowing statements: 81.1. Secondary cost eIements area used in production that are produced from outside the
company.
81.2. Cost elements are indicators, used as a basis for allocations and for performing key figure analysis.
81.3. Cost centers are the organizational units that incur and influence costs.
Which of the above sentences is true (Please choose the correct option)?
a) 81.1.
b) 81.2.
c) 81.3.
d) all of them.
e) none of them.
82. What can you say about the standard hierarchy (PIease choose the correct option)?
a) t is the top of a Profit Center group, which all Cost Centers/Profit Centers may be assigned.
b) This is a representation of the board directors cost center.
c) t can be defined after creating cost centers.
d) t must be defined before creating cost centers.
e) ts name is defined after creating controlling area and it must follow certain SAP standard rules, as having the same name of the
Controlling Area.
83. "During a fiscaI year, you can onIy change the assignements of the organizationaI units company code, business area or profit center
to a cost center if:
83.1. The currency of the new company code is the same as the currency of the old company code.
83.2. You have only posted planning data in the fiscal year.
83.3. The cost center is not assigned to a fixed asset, work center or HR master record.
Which of the above sentences are false (Please choose the correct option)?
a) 83.1 and 83.2. are correct.
b) 83.2 and 83.3. are correct.
c) 83.1 and 83.3. are correct.
e) none of them.
84. Define Cost Center Category (PIease choose the correct option).
a) t is allowed for only one cost center master data.
b) t is a CO object where costs are incurred.
c) t is an indicator in the cost center master data, which specifies the category for the cost center.
d) t is an indicator in the controlling area, which specifies what kinds of cost center can be entered.
e) t is an indicator in the chart of accounts, which specifies the category for the cost center.
85. Define Primary Cost EIement (PIease choose the correct option).
a) t is the object in CO module that correspond to the expense and revenue accounts in F module.
b) t is the object in CO module that are used to record internal value flows like activity allocation, assessments and settlements.
c) t is the object in CO module that are used exclusively to identify internal cost flows and records revenues.
d) t is a revenue element, used in CO and it corresponds to a Balance Sheet Account in F module.
e) t is a tracing factor that helps to classify the specific activities that are provided by one ot more cost centers within a company.

86. True or faIse?
86.1. The activity type category is used to determine whether and how an activity type is entered and allocated.
a) True. b) False.
86.2. The fixed value is only posted in the period in which it is entered.
a) True. b) False.
86.3. You can create your own list variants for collective processing.
a) True. b) False.
86.4.SAP recommends that you use the same number interval groups for CO actual and plan transactions.
a) True. b) False.
86.5. Validation has priority under Substitution.
a) True. b) False.
87. About Account Assigment Logic, consider the foIIowing reIationships beIow:
Subitem Real postings Statistic postings
8.1 Order Order
8. Cost Center ProIit Center
8.3 Cost Center Cost Center
8. ProIit Center Order
8.5 Order ProIit Center
8.6 ProIitability Center Cost Center/ProIit Center

a 8.1, 8.3 and 8.5 are correct.

b 8., 8.5 and 8.6 are correct.

c 8., 8.3 and 8. are correct.

d 8.3, 8. and 8.5 are correct.

e 8.1, 8.5 and 8.6 are correct

88. Consider the foIIowing statements:88.1. Reposting Iine items creates CO documents which don't contain a reference to the FI
document.
88.2. Commit ments are payment obligations that are not entered into the accounts, but that lead to actual costs at a later date.
88.3. Purchase orders reduces the commitment values.
88.4. To directly allocate activity, create an activity type of the category 1 (manual entry, manual allocation).
88.5. You can reposting direcy activity allocations in periods and in the same period form which the document to be adjusted originates.
a) 88.1. and 88.5. are correct.
e) 88.4. and 88.5. are correct.
89. SeIect the provided methods by SAP R/3 for accruing costs in ControIIing (Note: we can have more than one correct sentence. PIease
a) Basic method.
b) Overhead method.
c) Percentage method.
d) Plan=actual method.
e) Target=actual method.

90. What of the foIIowing statements is true (PIease choose the correct option)?
a) The SAP R/3 system saves the information from the clearing cost center in totals records during a periodic reposting.
b) The cycle-segment method is used only for defining periodic reposting.
c) ndependent cycles can be processed in parallel if they have the same allocation type.
d) You can process cycles in the same cycle flow group in parallel.
e) During distribution, the original cost elements are summarized into distribution cost elements (secondary cost element category = 42).
91. What can we say about period Iock (PIease choose the correct option)?
a) t is used to lock the business transactions for a combination of company code, fiscal year and document number.
b) t is used to lock the business transactions for a combination of company code, fiscal year and version.
c) t is used to lock the business transactions for a combination of controlling area, fiscal year and version.
d) t is used to lock the business transactions for a combination of company code, fiscal year and plant.
e) t is used to lock the business transactions for a combination of company code, fiscal year and purchasing organization.
92. What can we say about Cost Center PIanning (Note: we can have more than one correct sentence. PIease seIect the sentences you
think they are correct)?
a) t is intended to ensure that your data remains consistent if you use it in different applications.
b) t is intended to help planning the future of the business.
c) t is intended to help controlling business transactions.
d) t is intended to help monitoring the economic feasibility, by comparing plan with actual data , and target with actual data.
e) t is intended to control the planning process, thorough planner profile.
93. When pIanning statisticaI key figures, it uses a ________________ for period-based distribution of the totaI vaIues. PIease seIect the
option that fuIfiIIs the above statement:
a) receiver base.
b) free entry.
c) planned value.
d) distribution key.
e) secondary statistical key figure.
94. PIan vaIues on cost centers can often be caIcuIated using mathematicaI dependencies. ___________________ Iets you use caIcuIation
dependencies to pIan your cost center costs.PIease seIect the option that fuIfiIIs the above statement:
a) formula planning.
b) resource planning.
c) dependency planning.
d) accrual calculation.
e) distribution.
95. _________________ enabIes you to transfer data from one of the pre-stored systems in Cost Center Accounting to cost center
pIanning.PIease seIect the option that fuIfiIIs the above statement:
a) Formula planning.
b) Resource planning.
c) Dependency planning.
d) Distribution.
e) ntegrated planning.
96. Consider the foIIowing statements (Report Painter):96.1. ___<1>___ are numeric fieIds that you can evaIuate in a report.
96.2. ___<2>___ are fieIds that dispIay criteria that you used in the data seIection.
96.3. ___<3>___ consist of a key figure and one or more characteristics.
96.4. AII of the reports are kept in ___<4>___.
PIease choose the option that substitutes 1>, 2>, 3> and 4>, respectiveIy:
a) key figures, predefined columns, system libraries and characteristics.
b) predefined columns, key figures, system libraries and characteristics.
c) predefined columns, characteristics, key figures, and system libraries
d) key figures, characteristics, predefined columns and system libraries.
e) characteristics, key figures, predefined columns and system libraries.
97. What can we say about InternaI Orders (Note: we can have more than one correct sentence. PIease seIect the sentences you think they
are correct)?
a) They can be used as internal cost objects.
b) They can be settled to another cost objects.
c) They can be real or statistical.
d) They must have an associated order type.
e) They cannot be organized by groups.
98. What are the techniques reIated to PIanning scope on InternaI Orders (Note: we can have more than one correct sentence. PIease
a) Overall planning.
b) Budgeting.
c) Primary and secondary costs and revenues.
d) Unit costing.
e) Statistical key figures.
99. What are the pIanning areas in Cost Center Accounting (Note: we can have more than one correct sentence. PIease seIect the
a) Cost Elements/Activity nput
b) Activity Output/Prices
c) Statistical key figures
d) Cost Centers/nternal Orders
e) Activity Types/nternal Orders
100. What can we say about PIanner ProfiIe (Note: we can have more than one correct sentence. PIease seIect the sentences you think they
are correct)?
a) t allows to control the planning process.
b) n a given planner profile, you cannot assign any number of planning layouts to any number of planning areas.
c) The R/3 system contains standard planner profiles.
d) Planner profiles are defined using the Report Painter.
e) You can assign more than one planning layout to each planning area in the planning profile.
101.1. Resource planning supports manual cost element planning of primary costs and revenues for cost centers, internal orders and WBS
elements.
101.2. n dependency planning, you can plan both activity-dependent and activity-independent primary costs based on values and quantities.
101.3. n the value-based dependency planning, you plan the amounts of resources per unit of a statistical key figure or activity type, for example,
the amount of course days for each employee or the amount of screws for each car.
101.4. n quantity-based dependency planning, you plan costs per unit of a statistical key figure or activity type, for example, UN 100 of office
materials or UN 3.000 for each employee.
a) 101.1. and 101.2. are correct.
e) 101.1. and 101.4. are correct.
102. True or faIse?
102.1. Using the plan revaluation function, you can increase or decrease planning data on a percentage basis.
a) True. b) False.
102.2. You can either settle a statistical order or apply overhead to it.
a) True. b) False.
102.3. f you are not using the application Sales and Distribution, you can use internal orders with revenues to display the cost accounting
sections in SD sales orders.
a) True. b) False.
102.4. Revenues can be settled primarily to Cost Centers.
a) True. b) False.
102.5. The rules for applying overhead costing calculation for nternal Orders are grouped in overhead costing sheet.
a) True. b) False.
103. ProfitabiIity Management is reIated to which SAP R/3 specific moduIe (PIease choose the correct option)?
a) Financial Accounting.
b) Materials Management.
c) Controlling.
d) Enterprise Controlling.
e) Sales & Distribution.
104. Consider the foIIowing statements (ProfitabiIity Management):
104.1. With the______ method, the emphasis is on matching the revenues for goods and/or services provided (the value that a company
gains as a result of sales) against the related expenses for those items.
104.2. With the ______ method, the emphasis is on summarizing the activity and situational change over a period of time, for a given
organizational unit.
104.3. ______ is particularly useful when you need to adapt existing data to a change in circumstances, for example, if master data fields or
company code assignments are to be changed.
104.4. You can change and display the dummy profit center using the ______.
Please choose the option that substitutes <1>, <2>, <3> and <4>, respectively:
a) period accounting, cost-of-sales, mass maintenance, normal transactions.
b) cost-of-sales, mass maintenance, period accounting, normal transactions.
c) mass maintenance, cost-of-sales, period accounting, normal transactions.
d) mass maintenance, period accounting, cost-of-sales, normal transactions.
e) cost-of-sales, period accounting, mass maintenance, normal transactions.
105. (EC-PCA) When the WBS eIement is not assigned to a profit center, the system posts the vaIues to the
:a) cost center.
b) cost element.
c) dummy profit center.
d) profit center of the network header.
e) profit center of the network activities.
106. The ___________ provides you with an overview of aII the assignments you have made to profit centers and supports you when you
make or change assignments. PIease choose the correct option:
a) solution manager.
b) solution monitor.
c) schedule manager.
d) assignment monitor.
e) report painter.
107. Consider the foIIowing statements beIow, for characteristics-dependent profit center determination:
A. Profit Center determined from substitutions is used if they have been set for profit centers in F or CO.
B. Profit Center field for the corresponding original document has been changed using the SAP customer enhancement PCA00001.
C. Profit Center from the master record of the real CO object assigned to the corresponding original document is determined.
D. When data is from balance sheet or profit and loss accounts, which have been set for transfer to Profit Center Accounting, and no profit center
has been set in the corresponding document, it is considered the profit center, which was assigned to the corresponding accounts (3KEH
transaction) or by a derivation rule (3KE transaction).
E. When data comes from P&L accounts, which affect logistical processes (that is, which are transferred in the standard system) and for which no
profit center is set in the corresponding document, the data is posted to the Dummy Profit Center.
Please choose the option that has the correct priority order for assignment of Profit Centers.
a) A, B, C, D, E.
b) A, C, D, E, B.
c) A, D, E, B, C.
d) A, D, E, B, C.
e) A, E, B, C, D.
108. (EC-PCA) What of the foIIowing items can be transferred onIine in reaItime (Note: we can have more than one correct sentence. PIease
a) asset values.
b) payables/receivables.
c) balance carry forward.
d) work in process.
e) material stocks.
109. What characteristic is needed when we need to caIcuIate profits according to the cost-of-saIes approach (PIease choose the correct
option)?
a) Plant.
b) Cost Center.
c) Functional Area.
d) Dummy Profit Center.
e) Operating Concern.
110. Consider the foIIowing sentences and choose the correct option:
a) All transactions carried out during a period are stored with a date weighting in the average balance ledger.
b) The opening balance is taken from the average balance ledger "8A".
c) The average balance ledger (8Z) contains both weighted transactions by period and by company code.
d) A transfer price is a price used to plan the transfer of goods and services that should be occur between independent organizational units.
e) The assignment of a Report Painter/Report Writer to a library is optional.

111. Consider the foIIowing statements (PIan Integration):
111.1. The______ is usually created to determine the quantities you expect to sell during the planning period.
111.2. The ______ determines both the capacities and the quantity requirements for raw materials and operating supplies.
111.3. The ______ can be used to derive planning planned contribution margins.
111.4. The ______ is created once the activity units have been planned.
Please choose the option that substitutes <1>, <2>, <3> and <4>, respectively:
a) sales plan, master production plan, cost plan , sales and profit plan.
b) cost plan, sales plan, master production plan, sales and profit plan.
c) sales plan, master production plan, cost plan, sales and profit plan.
d) sales plan, sales and profit plan, master production plan, cost plan
e) sales plan, master production plan, sales and profit plan, cost plan.
112. Consider the foIIowing processes that occur in R/3 system:
112.1. t has been generated a goods receipt for a purchase order.
112.2. t has been created an invoice receipt for a purchase order.
112.3. t has been posted an asset.
112.4. t has been created a SD billing document, with a valuated project stock.
112.5. t has been created a SD billing document with a Sales Order.
How can the profit center be determined for each case, respectively (Please choose the correct option)?
a) indirectly, indirectly, indirectly, indirectly, indirectly.
b) dynamically, indirectly, indirectly, dynamically, indirectly.
c) dynamically, dynamically, dynamically, dynamically, indirectly.
d) indirectly, indirectly, dynamically, dynamically, indirectly.
e) indirectly, indirectly, indirectly, dynamically, indirectly.
113. What are the functions integrated in the ScheduIe Manager (Note: we can have more than one correct sentence. PIease seIect the
a) Error correction and Restart.
b) Various ways for starting jobs.
c) Dependencies.
d) Documentation integrated into the system.
e) Uniform Error Analysis.
114. What are the advantages of using the ScheduIe Manager during the period-end cIosing processes (Note: we can have more than one
a) Changes not recognized or active immediately.
b) Changes are immediately visible and effective.
c) Access is available to everyone with authorization.
d) The system executes settlement.
e) Documentation ad flow for period-end closing are centrally integrated in the R/3 system.
115. What is the intention of a task Iist?
a) t is intended to group all work to be done.
b) t is intended to be restricted to the financial manager.
c) t is intended to make the user forget the transaction codes.
d) t is intended only to collect several jobs.
e) t is intended to be self-documented.
116. What are the four task types (Note: we can have more than one correct sentence. PIease seIect the sentences you think they are
correct)?
a) Create transaction code.
b) Notes.
c) Transactions.
d) Programs with variant.
e) Flow definition.
117. What does the monitor provide (Note: we can have more than one correct sentence. PIease seIect the sentences you think they are
correct)?
a) The access to messages and result lists.
b) The visualization of both entire technical and business information.
c) The opportunity to postpone someone's tasks.
d) The opportunity to view the work of colleagues and the processing sequence, as well as the technical and business status of every task.
e) The ability to monitor the total progress of period-end closing when the user uses more than one task list.
118. What do the fIow definitions provide (Note: we can have more than one correct sentence. PIease seIect the sentences you think they
are correct)?
a) To define dependencies via external tools.
b) To execute it only when the system is online.
c) To define a fixed sequence of jobs that is integrated in the R/3 system.
d) To allow the user a way for changing period-end closing data.
e) To send mails to colleagues at defined times.
119. What does the Work Iist provide (Note: we can have more than one correct sentence. PIease seIect the sentences you think they are
correct)?
a) Each jobs reads the relevant objects from the database, validates and process the objects and after, posts the results to the database. This
leads to an unnecessary sequential of database accesses.
b) A chain can contain between four and ten steps.
c) t is only after all jobs are run that the system detects any object errors that occurred.
d) The selection report selects all objects from the database that are relevant for subsequent jobs. The system creates a special place for
every object.
e) A chain can contain any number of jobs.
120. (Overhead costing sheet) Consider the foIIowing statements:
120.1. The______ allows you to define the amount of overhead to be applied.
120.2. The ______ defines which object (cost center or internal order) is credited to offset the debit to your overhead cost order.
120.3. The ______ specifies the cost element base to which overhead is applied, such as material cost elements.
Please choose the option that substitutes <1>, <2> and <3>, respectively:
a) calculation base, credit key and overhead amount.
b) calculation base, overhead amount and credit key.
c) overhead amount, credit key and calculation base.
d) overhead amount, calculation base and credit key.
e) credit key, overhead amount and calculation base.
121. What are the buiIding bIocks for the SAP SoIution Management strategy (PIease choose the correct option)?
a) Safeguarding Management, Empowering Management, Solution Management Optimization, Support Programs Management and Testing
Management.
b) Global Strategy and Service Level Management, Business Process Management, Management of mySAP technology, Software Change
Management and Support Desk Management.
c) Project Management, Blueprint Definition Management, Configuration Management, Customizing Synchronization Management and
Testing Management.
d) ntegrated Product Management, Project Monitoring and Control, Configuration Management, Supplier Agreement Management and
Organizational Effort Management.
e) Supply Chain Management, Customer Relationship Management, Strategic Enterprise Management, Business Warehouse Management
and Advanced Planner Optimizing.
122. SAP SoIution Manager is (Note: we can have more than one correct sentence. PIease seIect the sentences you think they are correct):
a) a customer platform that enables representation and documentation of the entire SAP documentation.
b) a platform that provides a single point of access into component systems for design, configuration and testing activities.
c) a platform that provides with the Business Process Repository central access to the list of predefined business scenarios, which serve as a
starting point for identifying the project scope to be implemented.
d) a platform that only enables component-oriented configuration and testing.
e) a platform that helps reducing the total costs of ownership (TCO).

123. What are the five phases of the ImpIementation Roadmap (PIease choose the correct option)?
a) Global Strategy, Business Process Management of mySAP technology, Development Management, Software Change Management and
Support Desk Management.
b) Project Preparation, Business Blueprint, Realization, Final Preparation and Go Live & Support.
c) ntegrated Product Management, Project Monitoring and Control, Configuration Management, Supplier Agreement Management and
Organizational Effort Management.
d) Supply Chain Management, Customer Relationship Management, Strategic Enterprise Management, Business Warehouse Management
and Advanced Planner Optimizing.
e) Transactions, Logical Component, Documentation, MG Assignments and Test Cases.

124. The SAP SoIution Manager as the technicaI and operations infrastructure has some components. What are they (PIease choose the
correct option)?
a) Operations, Solution Monitoring and Support.
b) Schedule Manager, Solution Manager and Solution Monitor.
c) Transactions, Logical Component, Documentation, MG Assignments and Test Cases.
d) Project Preparation, Business Blueprint, Realization, Final Preparation and Go Live & Support.
e) Workflow, SAP Notes search, SAP Notes assistant and interface to SAP Service Marketplace to send Support Notifications.
125. Which of the foIIowing are required when creating a cost center (Note: we can have more than one correct sentence. PIease seIect the
a) Cost center category.
b) Assignment to company code.
c) Validity period.
d) Assigment to cost element.
e) Selection of activity unit.

Answers:
1. C
2. A, C, D, E.
3. D
4. A, B, C, D, E.
5. B, D, E.
6. A
tem "B" is the definition of controlling area.
tem "C" is the definition of business area.
tem "D" is not any definition.
tem "E" is the definition of client.
7. D
n fact, the main advantage of using variants is that it is easier to maintain properties, which are common among several business objects.
8. B
9. C
10. A, C.
Most of the world's currencies are already defined into R/3 system.
11. B
Be careful: A base currency can only be used for an average rate, not for a selling or a buying rate.
12. A
13. E
14. B, C, D, E.
A chart of accounts is a variant, which contains the structure and the basic information about general ledger accounts.
15. A, B, D, E.
16. A, B.
17. True or false:
True.
False. For P+L statement accounts the balance is carried forward to a retained earnings account and the P+L statement account is set to zero.
True.
True.
False. t is possible to influence the appearance of an account's master data using the field status.
18. D
19. D
20. E
21. B, C, D, E.
22. A, C, E.
23. True or false:
True.
True.
False. Accounts with a foreign currency as an account currency can only be posted to in this foreign currency.
True.
False. You must use a financial statement version for the group chart of accounts.
24. C.
tem "a" is related to Collective Processing for G;L Accounts Master Data.
tem "b" is not true for the R/3 system concept. f the account currency is the local currency, the account can be posted to in any currency.
tem "d" and "e" are some actions to be done for using group chart of accounts, so, they are not the disadvantage.
25. B.
n fact, since all company codes use the same operational chart of accounts for postings, you can carry out cross-company code controlling.
About Reconciliation accounts, they are updated realtime.
26. A, D.
27. A, E.
28. B.
29. A, D.
30. B, C, D.
NOTE: A number range can be assigned to several account groups.
31. True or false?
True.
True.
False. n fact, we can create bank master data when entering bank information in the customer or vendor master record.
False. Each bank account is reflected in the SAP System by a combination of house bank D and account D. This combination is entered in a
G/L account that represents the bank accounting the general ledger.
True.
32. A.
33. A, B, C, E.
34. D.
35. B, C.
36. B, D, E.
37. A, B, C.
38. A.
39. E.
The day limits are used to store several versions of terms of payment under the same terms of payment key.
40. True or false:
True.
False. Two types of taxation can be represented in the R/3 system: taxation at national level and taxation at regional/jurisdiction level.
False. A tax calculation procedure is assigned to every country for carrying out tax calculations.
True
False. f you have selected this field, no manual tax postings are allowed.
41. C
42. A, B, C.
43. A, B.
44. C.
45. True or false:
True.
True.
False. The system posts the exchange rates differences automatically as realized gains or losses.
True.
True.
46. A, B, C, D, E.
47. D.
48. B.
49. A, B, C, D, E.
50. B.
51. B, C, D.
52. A, B, D, E.
53. A, B, C, D, E.
54. B, C, E.
55. A, D.
56. C, D, E.
57. A, B, C.
58. A.
59. True or false:
True.
True. Company codes from different countries cannot be processed in the same payment run.
False. A payment method can also be entered in the line item.
True. The payment proposal does not make any changes to the values at document master record level.
True. The exception list is usually checked by the user department.
60. E.
61. C.
62. A, B, D.
63. A, C, E.
64. A, D.
65. True or false:
False. Customers without a dunning procedure in the master record cannot be dunned.
True.
True. t is possible to dun vendors only if there is some debit value to the vendors.
False. The "Run on" field is also used to identify dunning runs. t does not have to be the date when the dunning run is actually performed.
True. You can use the parameters to select the accounts and documents for the dunning run.
66. True or false:
True.
False. Every dunning procedure can have between 1 and 9 dunning levels.
False. f one overdue item has exceeded the minimum days in arrears, the account is dunned.
False. The dunning data is not updated until the dunning notices are printed.
True.
67. True or false:
True. The data has already been selected from the database.
True. Because the database is not changed until the dunning notices are printed.
True.
True. Text module 616 is used for dunning level 6.
False. The last dunning level triggers the manual dunning procedure, which often ends in the legal dunning procedure. The legal dunning
procedure itself does not correspond to any dunning level.
68. D.
69. True or false:
True.
False. nterest on arrears calculation is applied to individual items in accounts receivable or accounts payable. Account balance interest
calculation is applied to the entire balance of a G/L or customer account using a specific interest rate over a specified period of time.
True.
False.
True.
70. True or false:
True.
True.
False. Reversing the vendor invoice is a separate transaction from voiding the check and reversing the payment document.
False. When you configure the lockbox, you can create a batch input session to update new or missing bank details in the customer master
records.
True.
71. B, C. SAPF100 report is used for valuating foreign currency balance sheet accounts. For regrouping receivables and payables, you can use
SAPF101 report.
72. C.
73. C.
74. B.
75. B.
76. B.
77. E.
78. C.
79. B.
80. D.
81. C.
82. D.
83. D.
84. C.
85. A.
86. True or false:
True.
False. The TOTALS VALUE is only posted in the period in which it is entered. The fiscal year total is the sum of all the period values. The
FXED VALUE is carried over from the period in which it is entered to all subsequent periods of the same fiscal year. The fiscal year total is an
average of the period totals.
True.
False. SAP recommends that you create different number interval groups for CO actual and plan transactions.
True. Validation has priority, or it is "stronger", than Substitution.
87. B.
88. C.
89. C, D, E.
90. C.
91. C.
92. B, C, D.
93. D.
94. A.
95. E.
96. D.
97. A, B, C, D.
98. A, C, D, E.
99. A, B, C.
100. A, C, E.
101. A.
102. True or false:
True.
False. You can neither settle statistical orders nor apply overhead to them.
True.
False. t doesn't make sense to settle revenues for cost centers.
True.
103. D.
104. E.
105. C.
106. D.
107. B.
108. A, D, E.
109. C.
110. A.
111. E.
112. D.
When a goods receipt is created for a purchase order, the profit center is always determined indirectly, according the profit center defined in the
purchase order.
When a invoice receipt is created for a purchase order, the profit center is always determined indirectly, according the profit center defined in the
purchase order.
When an asset is posted, the profit center is always determined dynamically (Overhead Cost Order OR Cost center of the asset).
When a SD billing document is created with a valuated project stock, the profit center is determined dynamically from the WBS element contained
in the actual SD billing document.
When a SD billing document is created with a sales order, the profit center is always determined indirectly, according the profit center defined in
the sales order.
113. A, C, D, E.
ntegrated functions in the Schedule Manager:
- Uniform Error Analysis;
- Uniform Start for Jobs;
- Error Correction and Restart;
- Dependencies;
- Communication;
- Documentation integrated into the system.
114. B, C, D, E.
115. A.
116. B, C, D, E.
117. A, B, D, E.
118. C, E.
119. D, E.
120. C.
121. B.
122. A, B, C, E.
SAP Solution Manager enables process-oriented versus component-oriented configuration and testing.
123. B.
124. A.
125. A, B, C.

SAF FI Technical Interview Questions 1
1. Tell me about FI Organizational structure?
Ans: Client
,
Operating Concern
,
Controlling area1 Controlling Area
,
Co. Code 1 Co. Code
,
Bus area 1 Bus area Bus Area3 Bus Area
. How many Normal and Special periods will be there in Iiscal year, why
do u use special periods?
Ans: 1 Normal posting period and special periods are in the Iiscal year
which can be used Ior posting tax and audit adjustments to a closed Iiscal year.
3.Where do you open and close periods?
Ans: PPV is used to open and close the periods based on a/c types considering
GL Accounts. Tr. Code. OB5.
.What do you enter in Company code Global settings?
Ans: digit Alphanumeric key.
Name oI the company
City
Country
Currency
Language
Address
5.What is document type, and what does it control? Examples.
Ans: Document type is nothing vouchers containing line items. Several
business transac! tions can be identiIied within a particular document type.
It controls the document number ranges.
It controls the Header part oI document
IT controls the line item level oI the document
Helps Iiling oI physical document
6. What is posting key and what does it control?
Ans: These are special classiIication keys. Two character numerical key it
controls the entry oI line items.
Posting key determines Account type, Debit/credit posting, Field status oI
transaction.
. What is Iield status group, what does it control?
Ans: FSG is mandatory Iield in ! GL Creation. You use this Iield to deIine
which Iields are displayed when you post business transactions to a G/L
account.
A Iield may have one oI the Iollowing statuses.
- Suppressed
- Display
- Optional
- Required
8. What is chart oI account and how many charts oI accounts can be
assigned to a company?
Ans: Chart oI account is a list oI all G/L accounts used by one or several
company codes.
For each G/L account, the chart oI accounts contains the account number,
account name, and the inIormation that controls how an account Iunctions and
how a G/L account is created in a Company code.
You have to assign a chart oI accounts to each company code. This chart oI
accounts is the Operating chart oI accounts and is used Ior the daily postings in
this company code.
You have the Iollowing options when using multiple company codes.
You can use the same chart oI accounts Ior all company codes
II the company codes all have the same requirements Ior the chart oI accounts
set up, assign all oI the individual company codes to the same chart oI
accounts. This could be the case iI all company codes are in the same country.
In addition to the operating chart oI accounts, you can use two additional charts
oI accounts II the individual company codes need diIIerent charts oI accounts,
you can assign up to two charts oI accounts in addition to the operating chart oI
accounts. This could be the case iI company codes lie in multiple countries.
The use oI diIIerent charts oI accounts has no eIIect on the balance sheet and
proIit and loss statement. When creating the balance sheet or the proIit and loss
statement, you can choose whether to balance the co! mpany codes which use
diIIerent charts oI accounts together or separately.
. What does deIinition oI a chart oI account contains?
Ans: chart oI account key
Name
Maintenance language
Length oI the GL Account Number
Controlling Integration
Group chart oI accounts (Consolidation
Block Indicator
10. Can one COA be assigned to several companies?
Ans: yes. One COA can be assigned to several companies.
11 What is account group and what does it control?
Ans: Account group determines which Iields you can conIigure on the G/L
master record. It is necessary to have at least two one Ior B/S and another one
Ior P&L a/c.
It controls the Number ranges oI GL A/C.
The status oI Iields oI the master record oI GL belongs to company code area.
1 What is reconciliation account; can you directly enter documents in
that a/c?
Ans: When you p! ost items to a subsidiary ledger, the system automatically
posts the same data to the general ledger. Each subsidiary ledger has one or
more reconciliation accounts in the general ledger.
We can`t use reconciliation account Ior direct postings.
13 How do you control Iield status oI GL master records and Irom where
do you control!
Ans: Field status variant is maintained all FSGs.
1 What are the segments oI GL master record?
Ans:
- COA Segment
A/C group
Nature oI account
Short text
GL a/c long text
Trading partner
Group Account Number
- Company code segment
Account currency
Tax
Reconciliation a/c Ior a/c type
OIM,LID,FSG.
15 What does Field status group assigned to a GL master record
controls?
Ans: It controls the account assignments that are made to the account.
SpeciIically the Iield status group controls whether postings to cost centers,
internal orders, proIitability segments and so on are required, not allowed
(suppressed, or optional.
16 What is Country and operational chart oI account? Why do you use
group chart oI account?
Ans: Operational chart oI account Day to day activities It is mandatory.
Country COA It`s used Ior legal speciIic requirement oI each country. It`s
additional and optional.
Group COA used Ior consolidation oI Company codes. This is Ior group
consolidation purpose.
1 What are all the segments in a Customer/Vendor master record?
Ans: Segments in Customer
Segments in Vendor
- General Data segment
General data segment
- Company code segment
Company code segment
- Sales area segment
Purchasing organization Segment
18 What is open line item management? What do you mean by clearing
open line items?
Ans: Open item management is Iurther reconciliation Iunction. OIM allows you
to display the open and cleared items and amounts in an account. OIM should
be used iI an oIIsetting entry is made Ior every line item posted in the account.
The a/c is reconciled and cleared against another account. Ex. Salary clearing
account and GR/IR Clearing account.
1 What is residual payment and part payment?
Ans: Residual payment it clears original invoice with incoming amount and
create new line item Ior remaining outstanding amount.
Partial payment it leaves the original invoice amount and creates new
line item Ior incoming amount.
0 What is internal and external number ranges?
Ans: Internal Number Ranges: Doc. No will be provided by the system
automatically in serial order allotting the next available progressive number.
The number must be in numerical.
External Number ranges: Doc. No will be given manually by the end user.
System will not lock no automatically in this case. User can pick the number
randomly. Number may be an alpha numeric.
*-- Shaannthi S.
uestions are answer best oI my knowledge, iI I am wrong, please correct
me..anyone....
1. How can be or in what way baseline date is important in Automatic
Payment Program run?
The Baseline date is used to calculate the due date by taking into account the
payment terms. On the APP, the baseline date helps to pick the relevant
invoices Ior payment. During the APP run when invoices are pulled into the
run, the system checks the Next Payment Date` beIore picking the invoices to
be paid.
. Please tell me the procurement cycle how it works?
Procurement cycle a sales order is placed on a requirement made by a
customer, aIter which it is passed on to create a purchase order (this could
either happen based on the requirements on the SO, or a planned SO. the value
Ilow gets passed on to FI at the time oI goods movement. In the case oI SD, the
impact on FI happens only at the time oI billing.
3. DiIIerence between Depreciation ,Accumulated Depreciation and
APC?
What is APC?
Depreciation a decrease in the value oI an asset due to wear and tear
Accumulated Depreciation the total amount oI depreciation calculated on a
particular asset.
APC reIers to Asset transactions other than depreciation
. What is GR/IR?What journal entries we should pass Ior this?
The GR/IR the goods receipt/Invoice Receipt account is used to post to
whenever goods that are not yet invoiced have been received or when invoices
arrive b the the delivery oI goods.
During the time between the invoice being created and delivery oI goods, there
can be a timing diIIerence, in order to accommodate this timing diIIerence, a
GR/IR account is maintained temporarily to record the Ilow .
5. What are the accounting entries take place in MM and SD?
Value Irom MM to FI is deIined in OBYC.. on the material master the Ilow
oI values are assigned on the Costing, acctg, etc tabs where the system helps to
post the necessary stock values into the appropriate GL accounts. helps to
determine, the GL accounts updated when there is a movement oI goods.
SD-FI - VKOA
6. Can we assign one Controlling area to two diIIerent Company Codes
(but the company codes having diIIerent
Iiscal years/diIIerent currencies
Company code should have same Iinancial year, may have diIIerent
currencies.
You can assign or more company codes to one controlling area as long as the
chart oI accounts are same. Furthermore, iI you have diIIerent Iiscal year
variant in the company code, then make sure that the number oI period remain
the same.
. While posting transaction, can we give cost centre / production order at
time.
Yes it is posiiable , but in such situation cost centre will be real and production
order is stastical.
II you assign both cost center and Prd Order then since Prod. Order are real co
object, Cost center entry would be statistical.
8. Which Master data uploads will be done?
The question is not very clear. II you are talking about CO Master data. Then
Cost center need to be uploaded. You can use Data TransIer Workbench or
write abap Ior it.
. Can we run Payment Programe giving ( HdIc vendor detailes City
bank in Payment run programe?
Yes can be possible , this can resolved through ranking order and bank
optimization in FBZP.
You use use Iurther selection in proposal paramater, iI you would like to Iilter
the open item based on the city
10. What does document header control?
Field status.
11. AIter entering a document can you delete the entry? Can you change
the document?
Which Iields` can/not is changed?
Document header cannont be changed, aIter posting the document you cannot
change. only iI you want to change the document the reseversal entry.
1. What is a special GL transaction?
The transaction other than A/P and A/R is called the special g/l transaction Ior
ex: Bills oI exchange, Interest payable , aqusition
13. How do you reverse cleared documents?
By doing reversal posting.
1. What is base line date? Why is that used? Can this be changed?
For paymentterms it is used. base line date is the due date.
15. How many statistical objects can be selected in when you post an FI
document?
Where CCtr, PCtr, OM are active?
Only two.
*-- Sameem, Rukshana / Surya / Rashid Hakeem /
Lokaray Sreekanth
hat are the Irequently asked questions on SAP FICO Interview Questions?
1. What is chart oI account? What is the relevance oI deIining chart oI
account?
A. It is the top level Iinancial structure, contains the GL Accounts we deIine
the all the accounts and one chart oI accounts assign to company code and one
chart oI accounts will assign to many company codes . It is list oI Gl accounts
and it contains account no , account name, language, length, cost element,
blocking inIormation that controls the how an account Iunctions and how a gl
account created in company code . COA Key.
. What is account group? What does it control?
A. IT determines the which Iields you need to conIigure on the GL master
record. It is necessary to have at least , one Ior B/S and another one Ior P&L
accounts. It controls the number ranges oI GL. The Status Iields oI the master
record oI GL Belong to company code area.
3. What is posting key? What is its role?
A. It controls the line item oI GL entry debit and credit.
. What is business area?
A. Organizational unit oI external accounting that corresponds to a speciIic
business segment or area oI responsibility in a company. Financial statements
can be created Ior business areas Ior internal purposes. They are primarily used
to Iacilitate external segment reporting across company codes covering the
main operation oI a company (product line, Branches. The Business area may
be the branch oI the company or product lines it deals with
5. while deIining chart oI account, there is Iield " manual creaation oI cost
element" and "automatic creation oI cost element". what is it?
A. Generally when ever we are creating cost elements we can create some oI
exependitures manually some automatically so we can create manually cost
elements in deIining chart oI accounts.
6. AIter creating a customer/vendor, how can we check that under which
account group we have conIigured this customer/vendor?
A. We can check through customer group and vendor group it was created by
ours when we are creating vendor and customer groups.
. How the system will know that april is your Iirst posting period?
a | | 16.1.
b | | 16..
c | | 16.3.
d | | 16..
e | | none oI them.
1. True or Ialse?
1.1. Every company code that needs to use an account Irom the assigned chart
oI accounts has to create its own company code segment.
a | | True b | | False
1.. For PL statement accounts, the balance is carried Iorward to the same
account.
1.3. In the chart oI accounts segment, it is necessary to indicate whether the
account will be a balance sheet or a proIitloss statement account.
1.. Number intervals Ior G/L account master records can overlap.
1.5. It is not possible to inIluence the appearance oI an account`s master data.
18. Consider the Iollowing sentences about Iield status:
18.1. Fields which are can be .
18.. Fields which have an entry that can be set to
only (even in change mode.
Which oI the options below matches the blank spaces oI those sentences?
a | | used/supressed Ior 18.1; must be changed/display Ior 18..
b | | not used/supressed Ior 18.1; must be changed/display Ior 18..
c | | not used/optional Ior 18.1; should not be changed/supressed Ior 18..
d | | not used/supressed Ior 18.1; should not be changed /display Ior 18..
e | | used/optional Ior 18.1; must be changed/display Ior 18..
1. Consider the Iollowing sentences about Iield status:
1.1. Fields which can be made .
1.. Fields that can be entered, but are not required, can be set to
entry.
Which oI the options below matches the blank spaces oI those sentences?
a | | must not have an entry/optional Ior 1.1; suppresed Ior 1..
b | | must have an entry/supressed Ior 1.1; suppresed Ior 1..
c | | must have an entry/optional Ior 1.1; optional Ior 1..
d | | must have an entry/required Ior 1.1; optional Ior 1..
e | | must not have an entry/required Ior 1.1; optional Ior 1..
0. Consider the Iollowing sentences:
0.1. Reconciliation accounts are general ledger accounts assigned to the
business partner master records to record all transactions in the sub-ledger.
0.. For accounts without line item display, the most important data Irom the
posted line items is stored in a special index table.
0.3. The account currency must be in the local currency.
0.. Items in accounts with open item management means the G/L accounts
should have a oIIsetting posting Ior a given business transaction.
Which oI these are true (Please choose the correct sentence?
a | | 0.1 and 0.3.
b | | 0. and 0..
c | | 0.1 and 0..
d | | 0. and 0.3.
e | | 0.1 and 0..
Answers:
1. C
. A, C, D, E.
3. D
. A, B, C, D, E.
5. B, D, E.
6. A
Item 'B is the deIinition oI controlling area.
Item 'C is the deIinition oI business area.
Item 'D is not any deIinition.
Item 'E is the deIinition oI client.
. D
In Iact, the main advantage oI using variants is that it is easier to
maintain properties, which are common among several business objects.
8. B
. C
10. A, C.
Most oI the world`s currencies are already deIined into R/3 system.
11. B
Be careIul: A base currency can only be used Ior an average rate, not Ior a
selling or a buying rate.
1. A
13. E
1. B, C, D, E.
A chart oI accounts is a variant, which contains the structure and the basic
inIormation about general ledger accounts.
15. A, B, D, E.
16. A, B.
1. True or Ialse:
1.1. True.
1.. False. For PL statement accounts the balance is carried Iorward to a
retained earnings account and the PL statement account is set to zero.
1.3. True.
1.. True.
1.5. False. It is possible to inIluence the appearance oI an account`s master
data using the Iield status.
18. D
1. D
0. E
. Since the line item display takes up additional system resources, you should
only use it iI there is no other way oI looking at the line items. So, you should
not activate the line item display Ior the Iollowing accounts (Note: we can
have more than one correct sentence. Please select the sentences you think they
are correct:
a | | PL Statement.
b | | Reconciliation.
c | | Revenue.
d | | Material Stock.
e | | Tax.
. Consider the Iollowing statements:
.1. Accounts with open item management must have line item display
activated.
.. You can activate or deactivate open item management everytime, even iI
the account hasn`t a zero balance.
.3. You can select both local and Ioreign currencies as account currency.
.. II the account is the local currency, the account can only be posted to this
currency.
.5. When using the 'Only Balances in Local Currency indicator in the
master data record, transaction Iigures are only managed Ior amounts translated
into local currency.
Which oI the above statements are true (Note: we can have more than one
correct sentence. Please select the sentences you think they are correct?
a | | .1.
b | | ..
c | | .3.
d | | ..
e | | .5.
3. True or Ialse?
3.1. The 'Only Balances in Local Currency indicator must not be set in
reconciliation accounts Ior customers or vendors.
a | | True. b | | False.
3.. The 'Only Balances in Local Currency indicator is usually set in balance
sheet accounts that are not managed in Ioreign currencies and not managed on
an open item basis.
3.3. Accounts with a Ioreign currency as an account currency can be posted to
any currency.
3.. You can use a group chart oI accounts Ior internal purposes.
3.5. The usage oI a Iinancial statement version Ior the group chart oI accounts
is optional.
. What is the disadvantage oI using the group chart oI accounts (Please
choose the correct sentence?
a | | Because changes to existing G/L Accounts are eIIective as soon as they
have been saved and could have extensive consequences.
b | | Because accounts with the account currency as local currency can only
be posted to this local currency.
c | | Because the company codes use diIIerent operational chart oI accounts,
you cannot carry out cross-company code controlling.
d | | Because the group chart oI accounts must be assigned to each
operational chart oI accounts.
e | | Because you must enter the group account number in the chart oI
acounts segment oI the operational account.
5. Consider the Iollowing statements:
5.1. You cannot use the country chart oI accounts iI you desire to use the cross-
company code controlling.
5.. The disadvantage oI using country chart oI accounts is the accounting
clerks who may be Iamiliar with the country chart oI accounts Iirst have to get
used to using the operational chart oI accounts.
5.3. Reconciliation accounts are updated on a daily basis.
Which oI them are Ialse (Please choose the correct sentence?
a | | 5.1 and 5..
b | | 5.1 and 5.3.
c | | 5. and 5.3.
d | | all oI them.
e | | none oI them.
6. Which are the segments oI the SD view oI the customer account master data
(Note: we can have more than one correct sentence. Please select the sentences
you think they are correct?
1.5. Document types also deIine whether invoices are posted with the net
procedure.
a | | 1.1, 1. and 1.5 are correct.
b | | 1., 1. and 1.5 are correct.
c | | 1.3, 1. and 1.5 are correct.
d | | 1.1, 1.3 and 1. are correct.
e | | 1.1, 1. and 1.5 are correct.
13. What do the posting keys speciIy (Note: we can have more than one correct
sentence. Please select the sentences you think they are correct?
a | | Whether the line item is connected to a payment transaction or not.
b | | Whether the posting is sales-relevant and the sales Iigure oI the account
is to be updated by the transaction, Ior example, by the posting oI a customer
invoice.
c | | Whether the line items contain 'credit or 'debit values.
d | | Whether the line items are valid Ior a business transaction.
e | | Whether the accounts are allowed Ior posting.
1.1. A company code must be assigned to a posting period variant to have the
control Ior posting periods.
1..` symbol represents all account types in the posting period customizing
screen.
1.3. The account interval in the posting period customizing screen can be both
G/L and subledger accounts.
1.. The maximum amounts are deIined per company code in 'tolerance
groups.
1.5. It is not possible to assign tolerance groups to user logon ID`s.
a | | 1.1, 1. and 1.5 are correct.
b | | 1., 1. and 1.5 are correct.
c | | 1.3, 1. and 1.5 are correct.
d | | 1.1, 1. and 1. are correct.
e | | 1.1, 1. and 1.5 are correct.
15. What Iields oI a FI Document Header section can be changed aIter a
document has already been posted (Note: we can have more than one correct
sentence. Please select the sentences you think they are correct?
a | | Fiscal Year.
b | | ReIerence Number.
c | | Text Iields.
d | | Header text.
e | | Posting date.
16. About the change control, what conditions below are applicable (Note: we
can have more than one correct sentence. Please select the sentences you think
they are correct?
16.1. The posting period is already closed.
16.. The line item is not yet cleared.
16.3. The document is a credit memo Ior an invoice.
16.. The document is not a credit memo Irom a down payment.
16.5. The line item is either a debit in a customer account or a credit in a
vendor account.
a | | 16.1.
b | | 16..
c | | 16.3.
d | | 16..
e | | 16.5.
1. What are the prerequisites to enable negative postings (Note: we can have
more than one correct sentence. Please select the sentences you think they are
correct?
a | | You have to deIine reversal reasons Ior negative reversal.
b | | You have to ensure company code permits negative postings.
c | | You have to deIine the document type that explicitly allows negative
postings.
d | | You have to use cleared items.
e | | You have to reset cleared items.
18. What is the purpose oI the terms oI payment (Please choose the correct
sentence?
a | | Calculate a cash discount and invoice due date.
b | | Calculate the tax amounts.
c | | Enable the cross-company code transactions.
d | | DeIine the baseline date.
e | | Calculate only the required conditions Ior SD invoices.
1.1. Terms oI payments are copied Irom invoice to credit memos when they
are linked to.
1.. Inserting a 'V in the invoice reIerence Iield during document entry
means the terms oI payment are activated in the
non-invoice-related credit memos.
1.3. The account type Iield in terms oI payment basic data screen should be
deIined separately, to prevent any done change in the term oI payment.
1.. The system cannot deIine the splitment oI an installment payment, at least
you deIine it in the terms oI payment.
1.5. The day limits deIine the dates oI the cash discount periods.
Which oI the statements above is Ialse (Please choose the correct sentence?
a | | 1.1.
b | | 1..
c | | 1.3.
d | | 1..
e | | 1.5.
0. True or Ialse?
0.1. SAP supports tax on sales and purchases, US sales tax, additional taxes
and withholding tax as tax systems Ior diIIerent countries.
0.. Only national level oI taxation is allowed in the R/3 system.
0.3. A tax calculation procedure is assigned to every company code Ior
carrying out tax calculations.
0..A jurisdiction code is a combination oI the codes oI tax authorities that tax
movements oI goods and use their own tax rates.
0.5. II you desire to post manual tax postings, you have to Ilag the 'Post
Automatically Only Iield oI the account master record.
Answers:
1. B, C, D, E.
. A, C, E.
3. True or Ialse:
3.1. True.
3.. True.
3.3. False. Accounts with a Ioreign currency as an account currency can only be
posted to in this Ioreign currency.
3.. True.
3.5. False. You must use a Iinancial statement version Ior the group chart oI
accounts.
. C.
Item 'a is related to Collective Processing Ior G;L Accounts Master Data.
Item 'b is not true Ior the R/3 system concept. II the account currency is the
local currency, the account can be posted to in any currency.
Item 'd and 'e are some actions to be done Ior using group chart oI accounts,
so, they are not the disadvantage.
5. B.
In Iact, since all company codes use the same operational chart oI accounts Ior
postings, you can carry out cross-company code controlling. About
Reconciliation accounts, they are updated realtime.
6. A, D.
. A, E.
8. B.
. A, D.
10. B, C, D.
NOTE: A number range can be assigned to several account groups.
11. True or Ialse?
11.1. True.
11.. True.
11.3. False. In Iact, we can create bank master data when entering bank
inIormation in the customer or vendor master record.
11.. False. Each bank account is reIlected in the SAP System by a
combination oI house bank ID and account ID. This combination is entered in a
G/L account that represents the bank accounting the general ledger.
11.5. True.
1. A.
13. A, B, C, E.
1. D.
15. B, C.
16. B, D, E.
1. A, B, C.
18. A.
1. E.
The day limits are used to store several versions oI terms oI payment under the
same terms oI payment key.
0. True or Ialse:
0.1. True.
0.. False. Two types oI taxation can be represented in the R/3 system:
taxation at national level and taxation at regional/jurisdiction level.
0.3. False. A tax calculation procedure is assigned to every country Ior
carrying out tax calculations.
0.. True
0.5. False. II you have selected this Iield, no manual tax postings are allowed.
Q. What is SAP standard organisation structure?
Ans. SAP Standard organisation structure is based on client
reQuirement it will change Ior example.
Clent---~Operation Concern(Co-pa---~Controlling
area(1:N---~ Company Codes(1:N
Plant and Purchase organization,Sales Organization assing
the the Company code as per client reQuirement.
Q. What is the T Code Ior Uploading the Bulk Vendor master data ?
Ans. one oI the option is through LSMW,BDC
Q. What do you mean by Goods Clearing ? What are the journal entries Ior
Clearing oI Goods ?
Ans. Goods Clearing is related to Inventary Management. Whenever
Goods received against purshage order throught MIGO T.code
then GR/IR A/c Dr and Party A/c Cr. So Goods clearing

account automatically clear.
Q. What do you mean by cost carrier ?
Ans. It mean which is the real cost posting that is cost carrier
Ior example whenever create the Internal order as a real
order then when we use this real order to book the general
entry Ior expences side real cost posted to internal order
and static post the cost center.
And also using cost carying object Ior distribution and
assessment purpose.
Q. In APP II we want to Create cheQues. One Standard variant name
avaiable in SAP. What is Name?
Ans. The Standard Print Variant in APP is
RFFOUS
Q. Where we have to deIine VAT Registration Number?
Ans. In Vendor Master XK0 and FK0, in Vendor Control. That is
in Tax InIormation area.
Q. In Vendor Master XK0 and FK0, inVe n do r Control. That is
in Tax InIormation area.
Ans. Normally, according to the Ranking it should pick themone y
Irom HDFC bank, but iI you reallocate theH ou se bank to
ICICI in APP then the cheQue gets generated through ICICI
bank the system automatically picks according to the rank.
Q. intigration between Ii-mm, Ii-sd
Ans. Ii-sd is in credit management, account determination,
revenue account determination and
Integration FI-MM
1. PO creating NO FI Integartion
. When good receipt in terms oI GR/IR (Good Receipt and
invioce Receipt
Inventory Account Dr.
GR/IRAccou n t Cr.
3. GR/IR Account Dr.
Vendors Account Cr. (AP
. Vendors Account Dr.
Bank Account Cr.

Integration FI-SD
1. Sales Order creating NO FI Inegartion
. Check the avalibilty oI Material co0
3. SD send reQuest to MM Ior issue the material, thru
PICKING, gentered the pick order
. MM good issue & create the good issue document and
Accounting document create in FI
Cost oI Goods sold Dr.
Inventroy Account Cr.
5. Customer Account Dr.
To Sales Revenue Account
6. Bank Account
Customer Account
Q. what is the impartence oI secondary cost element in controling, iI it is
needed give reasons
Ans. Secondary cost element create Ior internal purpose oI
controlling area. This is Ior service provide to one cost
center to others cost centers.
Expamle:-
In your oIIice you make the CANTEEN is cost center. Canteen
is provides the service to other cost centers like TEA,
CoIIee, etc. You allocated the TEA, CoIIee Amount to others
cost center that thru secondary cost element.
Q. what is the intigration b/n Ii-pp
Ans. The point oI integration between FI-PP is Work centre. The
transaction code Ior the same is WRC1.
Q. what u conIigure in accounts reeivable module
Ans. Account Receivable (AR
Generaly is Customer Account
We conIigure AR Three Type
1. General Data Segment-Details oI Cusomters
. Company Code Segment-Reconciliation
3. Sales Area Segment
---- another answer---
In Account Receivable module, we conIigure the Iollowing:
- Document number ranges (FBN1
- DeIine tolerance limit Ior customers
- Create account group (e.g. domestic customer, Ioreign customer
- Create Sundry debtors/ Accounts Receivable account in FS00
- Maintain master records (details oI customers e.g.
General Data Segment-Details oI Cusomters, Company Code
Segment-Reconciliation, Sales Area Segment
AIter this, one can pass and billing entries, recevie
amount and settle accounts oI the customers.
Q. how dunning procedure will updated in Customer Master.
Ans. When dunning printout is completed throught I150 t.code then
it will updated customer master record in which level,last
dunning date.
Q. what is the business process,
Ans. Business process is a collection oI related, structured
activities--a chain oI events--that produce a speciIic
service or product Ior a particular customer or customers.
A business process is a recipe Ior achieving a commercial
result. Each business process has inputs, method and
outputs. The inputs are a pre-reQuisite that must be in
place beIore the method can be put into practice. When the
method is applied to the inputs then certain outputs will
be created.

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1 A chart of accounts ( Mu|t| Cho|ce)

A can be allocaLed Lo mulLlple company code

then GR/IR A/c Dr and Party A/c Cr. So Goods clearing

Bank Account Cr.

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