What is a client in an R3 System? (Multi) The Highest Level element of all organizational units is the client. B.The object for authorizations. C.The object for SD customizing only D.The object for FICO customizing only E.The object for SAP programs.
Name the relevant answers from below which are correct about the company code element in SAP It is a unit included in a balance sheet of a legally independent enterprise. It is the central organizational element of Financial Accounting. It is linked to controlling area from a year for transactions with particular CO modules c.It is linked to Group Chart of accounts directly d.It is linked to Screen Variants for certain transaction entry. e.It is linked to additional entries to be passed for Purchase Accounting.
Name the statements about controlling area which are true in R/3 system? a.It can be deleted from any fiscal year after posting b.It can link many companies to it. c.Controlling areas when created and attached to company code starts reflecting in transactions d.Only one standard hierarchy is attached to controlling area level in CO. e.Controlling areas represents the internal management organization structure.
Cycle definition takes care of following elements A.Cost center B.Internal order C.Profit Center D.Cost Element E.SKF.
Cycle definition is available for following objects A.Cost Center B.Distribution C.Assessment D.Internal Order E.Profit Center.
Which are period end closing jobs in CO A.Assessment B.Distribution C.Reposting Line items D.Period Lock E.BA/PC adjustment run.
What You are selected as a consultant and customer wants following process to be activated in SAP. As a consultant please suggest the modules to be implemented.
Business Process : Customer who is having one Publicity department for his many companies, interested in getting the figures of Budget for certain exhibition expenses to be done by strict adherance to budget . Publicity expenses to be captured for information- separately and in the original Publicity department.
A.Profit Center B.Cost Center C.Cost Element D.Internal Order E.Activity types.
Out of the following masters select the ones which can be blocked for Transactions in FI? A.Bank Master B.Cost Center C.GL Account D.Ship to party customer E.Activity Type.
10.How many statistical objects can be selected in when you post an FI document where CCtr, PCtr, OM are active . a)Only one b)Only Two c)Definitely Three d)May be three e)Only Three .
When you run an assessment (Single) You can select multiple cycles You can select multiple cycles and multiple segments within the cycle You can select multiple cycles with selective single segment You can select multiple cycles with selective any segments within that.
Out of the following masters select the one which can be deleted after going live in easy access menu. All controlling area masters All FI masters c)All Bank Masters d)All of the above ) None of the above.
CO tool period lock can be used to block transactions a)at a Controlling area level only at Controlling area, fiscal year level only at Controlling area , Fiscal year, Version level only at Controll-area , Fiscal year, Version, Plan/Actual level only e)Not possible .
Out of the following which are correct statements Enjoy SAP screen controls can be made at user level for GL entries only. User level settings are possible for currency transactions User level settings are made for Printer defaults User level settings are possible for document display and selection of open items. User can edit Period and post to that period in a document without checking any other settings.
Special GL Transaction definition controls postings (multi) Sub-ledger or GL or Both Only Sub-ledger Both Sub-Ledger and GL Only GL Only sub-ledger account types - D , K , A .
Which dates are taken into consideration while running a payment run? ) Customer due date ) Vendor due date ) documents entered date Vendors creation date Value date of document.
Profit Center can be defaulted from the following select the right statements ) Cost Element Cost Center Internal Order Materials Activity type.
Out of the following select the correct statements Business area field is mandatory in Cost center because I linked one of the transaction to a BA in FI. I can change the FI line item in CO by using FI document number for cost objects assignments. I can change the CO line item in CO by using CO document number for cost objects assignments. I can reverse the FI document after doing Reposting of costs in CO. I can reverse the FI document linked to the transaction in CO, in FI, by using CO document. .
Select the correct statements about currency. Currency is defined at client level and can be controlled at user level for transactions You will be able to define tolerances for employees, vendors and customers currency wise Clearing settings can be done currency wise Currency definition can be done with a validity You will be able to restrict a single Exchange rate type for a currency irrespective of other settings.
Out of the following only one is correct. Please select Company codes are created at client level and linked to company codes Fiscal year variant is created at client level and periods are defined Period definitions in a fiscal year variant is attached to company codes ) Document types are defined at client level and attached to company code Document type controls only the account type, input type and 2 fields mandatory selection.
One cost center produced multiple activities. Out of the following what are settings required for activating and doing the transaction. Activity types definition with Cost center and Secondary cost elements identified. Activity types definition with Cost center categories and Secondary cost elements identified with full validity Cost center should be available with the category created with validity Planned price or Actual price definition for the period Assessment cycle defined for all cost primary and secondary cost elements. .
You are required to confirm the following statements Project views are created for SAP reference IMG Project IMG is the same SAP reference IMG Document types can be maintained in the project IMG Status update is done automatically when we complete the customizing in Project IMG. SAP reference IMGs contains all configurations including all IS configuration modules by default.
What are the options available for period-end closing in all cases of Cost Center, Internal order and Profit Center a.Distribution b.Assessment c.Settlement d.Carry forward of balances e.Period Reposting.
Select from the following correct statements applicable for a Multiple company code scenario. a.Assessment Cycle b.Manual Activity allocation c.Payment to a vendor clearing with customer d.Secondary cost element e.Primary cost element f.Internal order Group .
Select the objects from below where you will be able to change the defaults created by CO objects in FI line item entry (multi) a.Business area by Cost Element b.Business area by Cost Center c.Business area by Internal Order d.Business area manual entry e.Cost Center by Cost Element.
Select the correct statements from the following (Single) a.Company code is linked to chart of accounts for CO postings b.Controlling area is linked to chart of accounts for taking FI postings c.Activity type is linked to Secondary Cost Element for FI postings d.Vendor is always created in Company code because Purchasing is done in company code. e.Customer master is linked to chart of accounts through Account Group.
Settlement Profile controls (Single) a.Valid Receivers with conditions b.Receivers with amount exceeding certain amount c.Not to be settled irrespective of valid receiver definition with conditions d.the periodic settlement selection of period and year e.user who is authorized to do the settlement.
Choose the object which is linked directly to company code. a.Company b.Chart of Accounts c.Business Area d.Profit Center e.Cost Element.
Balances GL Account and CO Primary Cost Elements are not matching select out of the following which statements are correct. a.In FI no entries posted, but in CO entries are posted. b.In FI entries posted, but in CO no entries posted. c.Internal transferred the data to FI object. Hence not matching being a settlement cost element. d.We have done Assessment in CO, hence it is not matching e.We have done Distribution in CO hence it is not matching.
Confirm the following statements in SAP R/3- FI CO module. a.Documents can changed in CO without any effect in FI. b.Documents can be changed in FI for CO objects after posting. c.In Assessment cycle, we can transfer the Profit center to another internal order which is statistical d.In CO Periodic reposting I can control the amounts and actual and plan, periodically in the cycle definition e.Every FI posting to a Income and Expense account, value should move to one Real Object and One Statistical object minimum.
Confirm the validity of following statements a.you can see the response time of transaction on line. b.Document type display/change/suppress settings in a complex posting transaction are available at user level. c.In an enjoy SAP screen you can decide your fields for selection. d.You will be able to create the lay-out for document display and default it as user level. e.At user level Printer can be defaulted. .
Please confirm the following about the Business Area in SAP a.This is an object for getting internal report from FI b.This is an object for getting some report in CO c.Business area can be defaulted in GL account level by a setting in CO directly. d.Business area object is captured in transactions only e.Business area can be defaulted automatically in all transactions .
Identify the correctness of following relationships. Company code to Controlling Area : n: 1 Company code to Profit Center : n: 1 Company code to chart of accounts : n: 1 Company code to Cost Element :n: 1 Company code to Plants : n: 1.
A client. ( Single ) contain only a single chart of accounts can contain multiple charts of accounts in multiple currencies only use one exchange rate type if no others defined d.may only have one controlling area.
State which are the statements as far as controlling area is correct a.can add any number of company codes only for Profit center accounting b.can change standard hierarchy of cost center any time after postings are done. c.Date specific d.Can use any fiscal year variant with no respect to company codes assigned e.Reconciliation Ledger is activated when we define controlling area in Enterprise structure.
Confirm the following statements about the CO a.Settlement cost elements will be Primary only b.Settlement cost elements will be Secondary only. c.Settlement cost elements can be Primary and Secondary. d.Assessment Cost elements can be Primary. e.Distribution cost elements can be Secondary.
Out of the following select the one which has carry forward functionality. a.cost element b.vendor c.customer d.cost center e.profit center.
A posting has been done to a Real internal order and afterwards the user wants to change it to a statistical order. You suggestion can be a.Create another order statistical, reverse the current document, and post it to new order. b.Change the internal order in control data to statistical c.Create another order as statistical, do the reposting line items and include a real co object also, and change the old internal order to status where no posting is done d.It will not make any difference e.Just change the settlement profile assignment with no receivers- that is all no effect. And no settlement.
Solution Manager is the answer for followings , select the right ones 1.How to ensure successful implementation (functional and technical) as well as operation of core business process 2.How to secure the technical installation and operation 3.How to facilitate customers IT dept. and other business units 4.How SAP can ensure continuous improvement of customers business solution 5.How can SAP ensure the best in class support.
Which of the following about dunning is true.(single) 1.One dunning form can be used for all dunning levels and dunning areas Only one dunning form can be used for a said dunning level or dunning area.
About dunning proposal Say weather true or not Dunning proposal can be edited , deleted and recreated as often as required. Dunning proposal cannot be edited once created. Dunning proposal cannot be edited only once before it processed. dunning proposal is defined in payment run. All above mentioned options are false.
In dunning program for clearing between customer and vendor, the following is true.(single) 1.Same dunning procedure must be defined for both customer and vendor. 2.Different dunning procedure must be defined for both 3.If no procedure is defined both will use default procedure.
Which of the folowing steps in not there in ASAP methodology as compared to Solution Manager? (Single) Project definition Business Blueprint Realization Final preparation Go live and support.
What are the mandatory fields in Cost center masters? (MultipleAnswers) Description Cost center category Cost element category Person responsible.
Which of the statements are true regarding Schedule manager? (Single Answer) Tasks are created and assigned to task group Tasks lists are created and assigned to task group Tasks are created and assigned to task group and task group further assigned to task list. Task groups are created and asigned to task lists.
What are the mandatory fields in Cost Element masters? (MultipleAnswers) Description Cost center category Cost element category Person responsible Name.
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