Sap tfin50 part 2 of n (ver. 2006 q2)

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Title of test:
Sap tfin50 part 2 of n (ver. 2006 q2)

Description:
Financial Accounting 1 (FI)

Author:
Edo Hur
(Other tests from this author)

Creation Date:
13/09/2007

Category:
Computers
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Last comments:
pankaj475123 ( make 8 años )
pls help me i want to sap pp interview question
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Content:
UNIT 2 - Master Data Pag. 115 The customer/vendor accounts must always be maintained centrally False True.
UNIT 2 - Master Data Pag. 115 One number range can only be assigned to one account group False True.
UNIT 2 - Master Data Pag. 115 ___________ number assignment means that the mySAP ERP system assigns the number automatically. (Don´t worry about upper/lower case).
UNIT 2 - Master Data Pag. 115 You maintain a customer/vendor master record _________ if you create the financial segments at the same time as the Sales order Management/Purchasing Management segments. (Don´t worry about upper/lower case).
UNIT 2 - Master Data Pag. 115 General ledger accounts have ___a____ number assignment; customer and vendor master records have ____b____ or ___a____ number assignment. (Don´t worry about upper/lower case, no spaces after commas).
UNIT 2 - Master Data Pag. 117 For every bank that is used in the system (house bank, customer/vendor bank) you don´t have to create a bank master record. Only one master record is enough because this record is created at client level. False True.
UNIT 2 - Master Data Pag. 118 Every bank master record is identified by bank country bank key swift code company code.
UNIT 2 - Master Data Pag. 118 The Bank master data is created at company code level False True.
UNIT 2 - Master Data Pag. 118 Bank master data have this elements at client level Bank country Bank key Bank address Control data Currency.
UNIT 2 - Master Data Pag. 118 The Bank master records include address data and control data such as Swift code Postal giro data Bank group (for payment optimization in the automatic payment program) House banks.
UNIT 2 - Master Data Pag. 118 A business partner that represents a bank through which you can process your own internal transactions is called a __________ (Don´t worry about upper/lower case.).
UNIT 2 - Master Data Pag. 118 Banks that your company uses are defined as house banks. You create house banks in customizing and they contain Bank master data Info for electronic payment transactions Bank accounts per house bank General ledger accounts per bank account Banks abroad.
UNIT 2 - Master Data Pag. 118 What does the payment program use to determine the bank to be used? House bank ID Bank types Swift code.
UNIT 2 - Master Data Pag. 119 The Bank master data can be created in how many ways? 4 1 2.
UNIT 2 - Master Data Pag. 119 Bank master data can be created four ways When entering bank info in the customer/vendor master record, or in the customizing for house banks Using the Create Bank transaction in the Accounts Receivable/Payable master data menu The bank directory can be created by importing from disk or tape (Program RFBVALL_0) Customers using the lockbox function can create a batch input session. Using program RFBKABL0.
UNIT 2 - Master Data Pag. 119 When processing invoices, If the customer/vendor has more than one bank, the user can choose a bank by using the matchcode in the ______________ field.
UNIT 2 - Master Data Pag. 120 Each bank account is reflected in the SAP ERP system by a combination of house bank ID and account ID house bank ID and G/L account house bank ID and sub-ledger.
UNIT 2 - Master Data Pag. 120 The bank accounts that are managed at the house banks must be defined too and can be identified by the account ID bank ID G/L account.
UNIT 2 - Master Data Pag. 120 The bank account data contains Number of the account at your bank Account currency Relevant G/L account Company code.
UNIT 2 - Master Data Pag. 121 For every bank account, a G/L account must be created, and both accounts can have different account currency. False True.
UNIT 3 - Document Control Pag. 133 In SAP ERP every document is uniquely identified by the following fields Document Number, Company Code, Fiscal Year Document Number, Company Code, Fiscal Year and Client Document Number, Company Code, Fiscal Year, Client and Company Code.
UNIT 3 - Document Control Pag. 133 The SAP system works according to the document principle a ) A document is saved for every posting b) At least 2 items per document c) Maximum 999 items per document d) a, b and c.
UNIT 3 - Document Control Pag. 133 The document remains as a complete unit and it is archived right after the posting False True.
UNIT 3 - Document Control Pag. 133 Documents in SAP ERP Financials include A document header (Includes the Document type) Between 2 and 999 document items (Includes the Posting key) Detailed data for the doc.header and line items (optional).
UNIT 3 - Document Control Pag. 133 The document has two important control keys: ____________ for the document header and ____________ for the line items. (Don´t worry about upper/lower case. No space after commas.).
UNIT 3 - Document Control Pag. 133 Check the right option(s) The SAP system records at least one document for every business transaction A business transaction can create one or more documents A Purchase order in MM creates an accounting document in FI When goods arrive from a vendor a material document is created and an accounting document is created to track financially-relevant info., such as G/L accounts and amounts.
UNIT 3 - Document Control Pag. 134 The document type controls the document header and is used to differentiate the business transactions to be posted, e.g., vendor invoices, customer payments, and so on. True False.
UNIT 3 - Document Control Pag. 134 Document types define Number ranges for document numbers Account types permitted for posting The field status of the document header (Fields "Document Header Text and "Reference Number") Whether invoices are posted with the net procedure.
UNIT 3 - Document Control Pag. 135 Check the wrong options Document type AB allows postings to all account types RK is the standard document type for Vendor Invoices RD is the standard document type for Customer Invoices Document type AB is less sensitive to settings.
UNIT 3 - Document Control Pag. 135 Important Standard Document Types DR DG DZ SA KR KG KZ KN.
UNIT 3 - Document Control Pag. 136 The document number range defines the number range for the documents numbers that are to be assigned. Mark the wrong statements These number ranges must not overlap In internal number assignment the system saves the last document number and the user assigns the next one manually In external number assignment the system saves the last document number and assigns the next one automatically from the original document.
UNIT 3 - Document Control Pag. 137 The document number must be defined for the year in which it is used. There are two options. 1- Up to a future fiscal year 2- For each fiscal year A- In number 1 the system does not restart at the first number of the number range B- In number 2 the system starts again with the first number of the number range C- Both A and B are right D- Both A and B are wrong.
UNIT 3 - Document Control Pag. 137 One number range can be assigned to several document types True False.
UNIT 3 - Document Control Pag. 137 The posting key has control functions within the line items Type of account the line item can be posted to If the item is to be posted as a debit or credit Field status of additional details Number ranges for document numbers Whether invoices are posted with the net procedure Whether the line item is connected to a payment transaction Whether the posting is sales-relevant and the sales figure of the account is to be updated by the transaction.
UNIT 3 - Document Control Pag. 137 Unlike document types, posting keys are defined at company code level False True.
UNIT 3 - Document Control Pag. 138 The different displays during document processing are controled by the field status. Mark the right statement(s) 1- As a general rule, for G/L accounts you customize the account-specific field 2 - For customer and vendor processing, you customize the field status specific to the posting key as necessary 3- Both 1 and 2 are right 4 - Only 2 is right 5 - Only 1 is right.
UNIT 3 - Document Control Pag. 139 The field status HIDE cannot be combined with the field status REQUIRED This causes an error This requires a new entry of the document.
UNIT 3 - Document Control Pag. 139 For each group of general ledger accounts and subledger accounts you have to define the status of every document entry field False True.
UNIT 3 - Document Control Pags.139-140 The field status groups are summarized in one field status variant which is assigned to your company code(s). And no posting can be made until this is complete. True False.
UNIT 3 - Document Control Pag. 140 Posting keys for assets and materials may only used if the corresponding SAP components are not installed. False True.
UNIT 3 - Document Control Pag. 140 By changing the field status definitions of posting keys and the field status group, the field status can be made transaction-dependent and account-dependent. True False.
UNIT 3 - Document Control Pag. 141 In general ledger postings, differentiation is mainly made via different status groups. Therefore only two posting keys (40 and 50) are needed for G/L postings. True False.
UNIT 3 - Document Control Pag. 140 Posting keys in the standard system 40 50 01 11 21 25 31.
UNIT 3 - Document Control Pag. 143 What are the most important control functions of the document type? Number ranges for document numbers Account types permited for postings Assign the document numbers automatically.
UNIT 3 - Document Control Pag. 143 If the user assigns the document number manually, this is ________ number assignment. (Don´t worry about upper/lower case).
UNIT 3 - Document Control Pag. 143 External numbers may be _________ . (Don´t worry about upper/lower case).
UNIT 3 - Document Control Pag. 147 Every company code may define its own document types False True.
UNIT 3 - Document Control Pag. 147 Every company code may define its own document number ranges True False.
UNIT 3 - Document Control Pag. 148 At the beginning of a new fiscal year, the system always starts the document number assignment again at the start of the number range. False True.
UNIT 3 - Document Control Pag. 148 Document number ranges must not overlap True False.
UNIT 3 - Document Control Pag. 148 How many number ranges can be assigned to a document type simultaneously? 1 2 N.
UNIT 3 - Document Control Pag. 156 What are the most important control functions of a posting key? Definition of the account types that can be posted to Account side (debit or credit) Field status of the additional account assignment Control number range assignment.
UNIT 3 - Document Control Pag. 156 Name two elements that influence the field status of document fields Field status group Posting key Line item display.
UNIT 3 - Document Control Pag. 156 In the following scenarios, state how the text field will be treated on the entry screen. Psoting key / Field status group Text hidden-Text optional Text optional-Text required Text required-Text hidden.
UNIT 3 - Document Control Pag. 157 What are the standard keys for G/L accounts and on which side of the account do they post to? Debit, posting key 40 Credit, posting key 50 Debit, posting key 80 Credit, posting key 90.
UNIT 3 - Document Control Pag. 157 Posting keys are defined at client level True False.
UNIT 3 - Document Control Pag. 157 The __________ group controls the field display during document entry.
UNIT 3 - Document Control Pag. 157 Each _______________ account has a field status group.
UNIT 3 - Document Control Pag. 161 Posting periods are defined in the fiscal year variant Flase True.
UNIT 3 - Document Control Pag. 161 To prevent documents to be posted to an incorrect posting period, you can close certain posting periods close the last posting period and the special periods do nothing.
UNIT 3 - Document Control Pag. 162 You can have only two posting periods open at a time. And one period interval can be entered in the posting period table. True False.
UNIT 3 - Document Control Pag. 162 The posting period is not a variant, it is master data. False True.
UNIT 3 - Document Control Pag. 162 The posting period variant can only be used by one company code. True False.
UNIT 3 - Document Control Pag. 162 The posting periods can not be opened and closed simultaneously for all company codes assigned. True False.
UNIT 3 - Document Control Pag. 163 In Period Checks by Account Type, "+" stands for valid for any G/L account False True.
UNIT 3 - Document Control Pag. 163 Period Checks by Account Type The account interval always contains G/L accounts. True False.
UNIT 3 - Document Control Pag. 164 During closing, how many period intervals must be open at the same time? 2 1 0.
UNIT 3 - Document Control Pag. 165 When entering a document, among other things, you enter the posting date. Can the system automatically determine the posting period and fiscal year based on this posting date entered? False True.
UNIT 3 - Document Control Pag. 167 The posting period variant is assigned to the ___________ .
UNIT 3 - Document Control Pag. 167 A posting period variant must contain at least one line with the entry _________.
UNIT 3 - Document Control Pag. 168 Posting periods are opened and closed automatically True False.
UNIT 3 - Document Control Pag. 168 No more than two periods can be open at the same time False True.
UNIT 3 - Document Control Pag. 168 The authorization group in the posting period variant applies only to authorization for posting in special periods. True False.
UNIT 3 - Document Control Pag. 174 In posting authorizations the maximum amounts are defined in tolerance groups at Client level Company code level Business area level.
UNIT 3 - Document Control Pag. 175 In tolerance groups you can enter upper limits for Total amount per document Amount per customer/vendor item Cash discount a user with this tolerance group is able to grant Total amount per company code Total amount per currency Total amount per G/L account.
UNIT 3 - Document Control Pag. 175 Posting authorizations - Tolerance groups The currency is the bank account currency False True.
UNIT 3 - Document Control Pag. 175 Check the right one (s) You can create as many tolerance group as you like If users are not assigned any special tolerance group, the entries in the tolerance group "___" are valid for them This "*" is the default tolerance group Usually the tolerance group "___" contains values wich are meant to apply to most employees Special tolerance groups can not be assigned to user ID´s logons.
UNIT 3 - Document Control Pag. 183 In the Enjoy Posting Screen. Check the wrong one(s) You can still use the standard transaction for entering postings. For complex postings you can access the complex posting transaction via the menu. You can return to the initial screen from the complex posting transaction.
UNIT 3 - Document Control Pag. 183 In the Enjoy Posting Screen. You can use the explanatory text you enter in the line item for external purposes In Corespondence In Dunning notices In Payment advice notes.
UNIT 3 - Document Control Pag. 183 In the Enjoy Posting Screen. The explanatory text you enter for the line item can be used internally and externally. True False.
UNIT 4 - Posting Control Pag. 200 Default values Parameter IDs allow users to set default values for fields whose value does not change very often. Using the editing options, you can configure your screens for the following areas: Document entry Document display Open items G/L account Bank account.
UNIT 4 - Posting Control Pag. 201 The system provides you with basic default values for document entry False True.
UNIT 4 - Posting Control Pag. 201 The system uses the document principle: The balance of a document must be zero before it can be posted True False.
UNIT 4 - Posting Control Pag. 201, 204 Mark some sources of the values that are defaulted by the system for document entry User master records Parameter memory System data Account master record Accounting functions.
UNIT 4 - Posting Control Pag. 207 Users can not change documents that have already been posted, they have to issue a reversal posting. False True.
UNIT 4 - Posting Control Pag. 208 Certain fields in the header can be changed, not in the line items. True False.
UNIT 4 - Posting Control Pag. 208 Information logged when users make changes to documents The field that was changed The new and old values The user who made the change The time and date of the change Posting period Debit or Credit in the customer/vendor account.
UNIT 4 - Posting Control Pag. 208, 209 Conditions for field changes are predefined Posting period closed Line item not cleared Posting as debit in customer account / posting as credit in vendor account Posting period open No invoice-related credit memo No credit memo from down payment Line item cleared.
UNIT 4 - Posting Control Pag. 216 A document can be reversed by Normal reversal posting Negative posting Positive posting Deferral posting Account clearing Incoming posting Outgoing posting.
UNIT 4 - Posting Control Pag. 218 Conditions that must be fulfilled to enable negative postings The Company code permits negative postings The reversal reason must be defined for negative reversal The posting key must be defined to allow negative postings.
UNIT 4 - Posting Control Pag. 217 The reversal reason also controls whether the reversal date is allowed to be different to the original posting date. True False.
UNIT 4 - Posting Control Pag. 217 Documents with cleared items cannot be reversed False True.
UNIT 4 - Posting Control Pag. 217 The normal reversal posting causes no additional increase in the transaction figures. False True.
UNIT 4 - Posting Control Pag. 217 The negative posting also posts the incorrect debit as a credit and the incorrect credit as a debit. This time the posted amount is not added to the transaction figures. False True.
UNIT 4 - Posting Control Pag. 219 The two possible ways to reverse a document in mySAP ERP Financials Negative posting Normal reversal posting Negative reversal Negative Document type.
UNIT 4 - Posting Control Pag. 226 The terms of payment are used to define: Baseline date for due date calculation Cash discount periods Cash discount percentage rates Transaction Line items.
UNIT 4 - Posting Control Pag. 226 The terms of payment are assigned to a customer/vendor record False True.
UNIT 4 - Posting Control Pag. 226 The terms of payment are defaulted by the system and cannot be entered by the users False True.
UNIT 4 - Posting Control Pag. 226 The terms of payment are not used in transaction line items to determine payment conditions True False.
UNIT 4 - Posting Control Pag. 227 You can change the terms of payment proposed by the system during processing. False True.
UNIT 4 - Posting Control Pag. 227 You can enter terms of payment in the company code segment, the sales area segment, and the purchasing organization segment of a customer/vendor master record True False.
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