what data is defined on the level of bank master data?
There are 2 correct answers to this question
address data and control data corresponding business partner A unique bank country and bank key payment and dunning information.
Your company code is set up to post three ledgers representing separate accounting principles. Each ledger is assigned to the local currency and the group currency and the group currency. You want to configure new Asset Accounting.
What is the minimum number of depreciation areas required?
Please choose the correct answer.
1 9 3 6.
Which of the following describe characteristics of master data?
There are 2 correct answers to this question. Master data is typically assigned to organizational levels. Master data is used on a long-term basis for multiple business processes. Master data must be assigned on company code level. Master data is a template for transactional data. Master data cannot be changed after creation.
A customer wants to create a report that is to be run on a monthly basis showing documents within a specific range for a specific company code that have been posted within the current month. How can you create this type of report ?
Please choose the correct answer.
- Create a G/L Account Balances report.
- Enter the values for the document range and company code. - After saving this as a variant, add an appropriate D (Dynamic Date Calculation) variable for the posting date on the Variant Attributes screen. - Create a Compact Document Journal report.
- After running the report, save it to your desktop, where it can be updated every month. - Create a Compact Document Journal report.
- Enter the values for the document interval and company code.
- After saving this as a variant, add an appropriate D (Dynamic Date Calculation) variable for the posting date on the Variant Attributes screen. - Create a Compact Document Journal report.
- Enter the values for the document range and company code. - After saving this as a variant, add an appropriate T (Table) variable for the posting date on the Variant Attributes screen.
which of the following tasks are stages of dunning execution?
There are 2 correct answers to this question.
maintain the dunning parameters schedule the dunning intervals maintain the dunning levels schedule the dunning run.
Which of the following tax types does the SAP System support for calculating, posting, and correcting tax, as well as for tax reporting?
There are 3 correct answers to this question.
Withholding Tax Tax on sales & purchases Additional Taxes Top-Up Tax.
which of the following can be defined as key figures?
There are 3 correct answers to this question
year and period regional purchases plan and actual variance branch sales plan and actual indicator.
Where can you block an open vendor invoice for payment?
There are 2 correct answers to this question
in the general segment of the vendor master record in customizing for sensitive fields in the company code segment of the vendor master record in the invoice document during posting.
What options do you have for posting an asset acquisition?
There are 3 correct answers to this question. Asset acquisition integrated with accounts payable Asset acquisition using a clearing account Asset acquisition posted from Materials Management Asset acquisition posted via the payment program Asset acquisition posted via the accrual engine.
You want to use external number assignment for specific document types. What is the special feature of external number assignment?
Please choose the correct answer.
The number ranges can overlap. The numbers can be alphanumeric. The number ranges can be used across all company codes. The system issues the numbers automatically.
which function is offered in drilldown reports with the Report-to Report interface?
Please choose the correct answer.
change to graphical output call up a transition forward to another user download to a spreadsheet.
In a payment run, the data entered for a payment method in the document may differ from the master data. How is this resolved by the system ?
Please choose the correct answer. The payment run stops and the system issues an error message. Document data overrides master data. Master data overrides document data.
The payment run temporarily stops, and the system prompts you to correct the data. After you have corrected the data, the payment run continues.
In which life cycle scenarios is the SAP Solution Manager used?
There are 3 correct answers to this question. Optimization Implementation Scoping Operations Retirement.
Consider the following sentences about field status:
1) Fields which are _____________can be ____________.
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?
Please choose the correct answer. 1) used/suppressed, 2) must be changed/display 1) not used/suppressed, 2) must be changed/display 1) not used/optional, 2) should not be changed/suppressed 1) used/optional, 2) must be changed/display 1) not used/suppressed, 2) should not be changed /display.
Down payments can be posted using a special G/L transaction. What is the main benefit of this functionality?
Please choose the correct answer. It shows data in the appendix of the balance sheet. It automatically clears down-payment requests. It automatically creates the final invoice and clears down-payments against it. It posts down-payments to a reconciliation account that is different from that of ordinary payables and receivables.
Which of the following status symbols are used in customer and vendor line item lists?
There are 3 correct answers to this question. Overdue Parked Open Cleared Not due.
what is the purpose of the group account number in G/L account master maintenance?
Please choose the correct answer.
it defaults the number interval that is applied for the G/L account number in the company code it is used for cross-company code reporting if the company codes use different chart of accounts it acts as the key to identity the balance sheet and profit and loss accounts in the financial statement version it determines the fields in the entry screen when you create or update a master record in the company code.
You are testing the payment program. The payment run has been executed. When you look at the program log you notice that the payment method check shows that part of the address is missing from the vendor master.
In Customizing for payment programs, where can you see which data is mandatory ?
Please choose the correct answer.
Bank account determination Company code data for the payment methods Paying company codes for payment transactions Country data for the payment methods.
which data do you maintain in the chart of accounts segments of a G/L account?
Please choose the correct answer.
user data consolidation data reconciliation data authorization data.
What is the purpose of account determination in the accrual engine?
There are 2 correct answers to this question. To determine the CO object To determine debit and credit accounts To determine the correct posting period To determine the document type.
Which of the following are the main components of a drilldown report?
Please choose the correct answer. Characteristics and variables Characteristics and key figures Variables and general selection criteria Variables and key figures.
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?
There are 2 correct answers to this question.
Cross-company code transactions that MUST be processed in a controlling area Multilevel Product Cost Management across company codes Representation of intercompany processes, whereby producing and delivering plant are the same.
What happens when the debit balance check runs and a vendor is selected?
Please choose the correct answer.
the user is asked to change the parameters credits are paid and debits are blocked the payment run stops and needs to be restarted the vendor is blocked for this payment run.
Identify the features of the service desk?
There are 4 correct answers to this question. SAP Help Error handling Managing SAP Notes Customer solution database Solution Manager diagnostics Message handling process.
how can you post accruals?
there are 2 correct answers to this question
use the document split functionality use the recurring entry program regroup the receivables and payables post manually at the end of the period, quarter or year.
ERP offers enterprise centric functionality (general ledger, payroll, order entry) to integrate core, internal processes. About the definition of ERP and e-business functionalities, we can say that...
There are 4 correct answers to this question.
About Business Model, ERP can be considered as enterprise centric and e-business, as extended and collaborative. About Architecture, ERP can be considered as an integrated system and e-business, as an integrated system and an open integration platform. About Processes, ERP can have them integrated, core within enterprises and collaborative, beyond company boundaries. ERP is SAP R/3, while e-business is mySAP.com. ERP is mySAP Financials and mySAP HR.
What are the necessary elements required to create a customer-specific drilldown report for New General Ledger Accounting?
There are 2 correct answers to this question.
A report header A form Variables Characteristics.
Identify the features of a Business Blueprint ?
There are 5 correct answers to this question. Associated items Business scenarios Business groups Blueprint document Business process groups Blueprint structure.
What are the prerequisites for setting up cross-company cost accounting?
There are 2 correct answers to this question. The same fiscal year is used for all company codes. The same variant for open periods is used for all company codes. The same chart of accounts is used for all company codes. The same currency is used for all company codes.
SAP Solution Manager provides support throughout the life cycle of solutions - which common usage scenario is missing from the list of usage scenarios below?
(Implement SAP Solutions), (Monitor SAP Solutions), (Manage Service Desk), (Link to SAP Services), (Upgrade SAP Solutions)
Please choose the correct answer.
Monitor Service Desk Manage Change Requests Implement SAP Services Link to Change Requests.
You have been asked to showcase the "asset sale with customer" scenario in the next blueprint workshop meeting.
What do you have to consider when posting an asset sale ?
There are 2 correct answers to this question.
You must post the sale against an asset that has an acquisition. You must specify the asset value date. You must calculate and input the profit or loss from the asset sale in a separate line during posting. You must use posting key 75 (credit asset) and select the specific asset sale in the account field.
Which object do you have to activate to maintain profit centers directly in Asset Accounting with all business functions for New General Ledger Accounting activated ?
Please choose the correct answer. Profit Center Update Scenario Profit Center Reorganization Segment Reporting Segment Reorganization.
Which objects can be assigned to an asset master record?
There are 3 correct answers to this question Internal order Profit center WBS element Cost center Profitability segment.
While posting a G/L document, two different field statuses (for the posting key and the G/L account) have an impact on the posting.
What happens if one field status is set to Required Entry and the other one to Hidden Entry ?
Please choose the correct answer.
The document can be posted anyway. The field will be available for entry. An error message will occur. The field will be hidden.
Which object can be used to derive the profit center automatically during posting?
Please choose the correct answer
company code segment cost center business area.
which activities must be performed to create new validations and substitutions?
There are 2 correct answers to this question.
select the current call-up point choose the chart of accounts deactivate all former validations and substitutions define the area of application.
You want to use the same set of values for a specific criterion in several reports. What is the easiest way to accomplish this?
Please choose the correct answer.
Create a selection variable containing the values and use it in all the reports. Create a D variable containing the values and use it in all the reports. Create a set containing the values and use it in all the reports. Enter the values, save them as a variant, and use this variant in all the reports.
What do you use the Closing Cockpit for?
Please choose the correct answer. To run reconciliation between CO and FI To perform periodically recurring activities To create mass change of offsetting days for existing activities To perform day-to-day activities.
Instead of the classic system monitoring of individual system components with Solution Monitoring, entire business processes can be monitored as a whole across multiple components. Identify the components that define the concept of Solution Monitoring ?
There are 3 correct answers to this question.
Service Level Management Business Process Monitoring Component Solution Monitoring User Level management System Monitoring.
Which functions can you use to generate inter-company posting documents?
There are 2 correct answers to this question. Intercompany dunning Central payment Intercompany asset transfer Central currency valuation.
During period end closing, the G/L accounting clerk posted a document with an incorrect account assignment. The clerk discovered the problem immediately after posting and wants to know how to reverse the document so that it does not affect debit and credit balances.
Which reversal code does the clerk need to use?
Please choose the correct answer.
reversal in current period actual reversal in closed period reversal in closed period actual reversal in current period.
Which tools reduce the amount of work involved I the maintenance of exchange rates?
There are 3 correct answers to this question
base currency exchange rate spread average exchange rate conversion inversion.
In the Data Entry view, what is the maximum number of line items in a single FI document?
Please choose the correct answer. 9999 99 999 Unlimited.
Which of the following is mandatory to make G/L accounts ready for posting?
Please choose the correct answer. A chart of accounts segment and at least one company code segment A company code segment and at least one cost element A chart of accounts segment and at least one cost element A chart of accounts segment and at least one functional area.
What is a benefit of a drilldown report?
Please choose the correct answer.
The automatic refresh The edit and save functionality The workflow connection The navigation area.
you have entered a head office in your vendor master record. What is the consequence?
Please choose the correct answer.
the branch account is automatically assigned to the same account group as the head office account all items posted to the branch account are automatically transferred to the head office account the bank details of the branch account are automatically updated with the bank data of the head office account all correspondence with the branch is automatically sent to the head office, too.
Consider the following sentences, which of these are true?
1) Reconciliation accounts are general ledger accounts assigned to the business partner master records to record all transactions in the sub-ledger
2) For accounts without line item display, the most important data from the posted line items is stored in a special index table.
3) The account currency must be in the local currency.
4) Items in accounts with open item management means the G/L accounts should have a offsetting posting for a given business transaction.
Please choose the correct answer.
2 and 3 2 and 4 1 and 2 1 and 4 1 and 3.
Which functions are provided by the Reclassify Payables/Receivables closing activity?
There are 2 correct answers to this question. Regrouping and sorting of payables and receivables Credit check and rating of open items Adjustment postings for changed reconciliation accounts Automatic correction of bad debits or credits Open item analysis for liquidity forecast.
Which of the following activities generates an FI document if real-time integration between CO and FI has been set up?
There are 2 correct answers to this question
An assessment between cost centers in one company code with different functional areas A distribution between cost centers that reside in two different controlling areas A test run for the settlement run of an asset under construction to a G/L account An assessment between cost centers that belong to two different company codes A subsequent change of a segment in a CO document.
You receive a payment where the difference from the posted invoice is larger than the stated tolerance limit. How can you deal with this?
There are 2 correct answers to this question.
Post the difference as a residual item. Split the received payment so that it falls below the tolerance limit. Increase the tolerance limit manually while posting the document. Post the difference to an account assigned to a reason code.
Which stage of the sales process creates documents for both material management and financial accounting?
Please choose the correct answer.
shipping – delivery creation billing shipping- goods issue sales order creation.
Your customer wants to add a new company code and asks you to make the configuration settings for document types and number ranges. What do you have to do?
Please choose the correct answer. Allow all document types for the new company code. No additional settings are necessary. Define number ranges for the new company code. Set a second number range for all document types.
The organizational units of Financial Accounting are used for external reporting purposes that is, they fulfill requirements that your business is subject to from external parties (e.g. legal regulations)
Which of the following Organizational units are Mandatory in an ERP system with Fl?
There are 3 correct answers to this question.
Fiscal Year Business Area Company Code Client.
Your customer runs an SAP system with New General Ledger Accounting activated. They want to run a valuation of accounts receivable that are posted in foreign currency.
What do you have to do?
Please choose the correct answer.
Set up the Valuation Cockpit to perform this task. Set up a valuation method and assign it to a valuation area. Assign a valuation method to all customer master records that you want to valuate Set up a new exchange rate type and assign it to a valuation method.
Which functions can be used to generate inter-company posting documents?
There are 2 correct answers to this question. Central currency valuation Central payment Central cash journal Central procurement.
In your leading ledger (ledger solution), balance sheets must be created for company codes and segments. Which Customizing settings do you need to make?
There are 2 correct answers to this question. Activate cost of sales accounting. Define two retained earnings accounts and assign them to your P&L accounts. Assign the Segment Reporting scenario to your leading ledger. Define a retained earnings account.
A customer wants to define a chart of depreciation. How do you recommend setting up depreciation areas?
Please choose the correct answer. Based on the relevant chart of accounts Based on company codes Based on relevant currencies Based on the aims of internal or external reporting.
You configured new Asset Accounting with three depreciation areas that post in real time. You need to post a partial scrapping to an asset in the leading ledger. How many documents does the transaction create?
Please choose the correct answer.
3 4 1 6.
Which of the following objects can be used to derivate segments automatically?
Please choose the correct answer. G/L account Functional area Profit center Cost center.
Which of the following items can you assign directly to the asset master record on the Time-Dependent tab?
Please choose the correct answer.
useful life segment Evaluation group quantity.
Standard ASAP (Accelerated SAP) roadmaps outline the activities involved in SAP solutions Identity the main types of roadmaps?
There are 4 correct answers to this question.
Global Template Roadmap Upgrade Roadmap Solution Management Roadmap Implementation Roadmap Download Roadmap Solution Roadmap.
A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memo. Which accounts will be used to issue credit memos?
Please choose the correct answer. Payables and revenue account Payables and expense account Receivables and expense account Receivables and revenue account.
What of these alternatives are considered master data?
There are 4 correct answers to this question. Chart of Accounts Vendor Customer G/L Accounts Asset.
What does the SAP Web AS provide?
Please choose the correct answer. Master data harmonization across SAP NetWeaver J2EE and ABAP in a single environment Storage of all transactional documents in one single database Real-time data exchange with all SAP systems.
What is the segment that makes complete both customer and vendor accounts?
Please choose the correct answer. Company Code. Sales Area. Purchasing Organization. Client. Controlling Area.
A multinational enterprise acquires a company in a country which has local reporting requirements. The multinational enterprise wants to use one operational chart of account for all companies.
How can you fulfill this country-specific requirement ?
Please choose the correct answer.
Create a group chart of accounts and assign it to the company code. Create a country-specific chart of accounts and assign it to the regular chart of accounts. Create a country-specific chart of accounts and assign it to the company code. Create a country-specific chart of accounts and assign it to the group chart of accounts.
Which parameters do you have to specify if you want to execute a payment run?
There are 2 correct answers to this question. Currency Payment method Company code Bank account.
The field status definitions from the account group and the transaction are considered for each field. The field status definition with the higher priority is used.
Which priority sequence, going from the highest to the lowest, is correct ?
Please choose the correct answer.
Required Entry, Optional Entry, Hide, Display Display, Required Entry, Optional Entry, Hide Hide, Display, Required Entry, Optional Entry Optional Entry, Hide, Display, Required Entry.
You are asked to set up the accounting structure to facilitate segment reporting based on the SAP standard segmentation scenario.
Which organizational unit can be used to derive the segment?
Please choose the correct answer. Functional area Business area Profit center Company code.
You entered a G/L account posting and received an error message which says that account type S is not allowed. Which object causes this error?
Please choose the correct answer.
Posting key Field status variant Document type Currency key.
how can you avoid the creation of duplicate vendor master data?
Please choose the correct answer.
mark the VAT Registration Number as a sensitive field use match codes and activate the automatic duplication check execute the master data comparison reports RFKKAG00 and RFDKAG00 mark the VAT Registration Number in the field status group as required.
your compant code uses USD as the company currency. You are trying to post to an account in EUR but get an error message that you cannot post to this account.
What is the reason?
Please choose the correct answer.
the currency maintained in the account master record is USD the translation rate between EUR and USD is NOT maintained the Only Balances in Local Currency indicator is set in the account the account determination for exchange rate differences is missing for the account.
Which entries can you define when maintaining a G/ L account?
There are 3 correct answers to this question.
Field status group Open item management Profit center Account group Ledger assignment.
Special G/L transactions can be divided into which types?
There are 3 correct answers to this question. Value adjustment Automatic offsetting entry Interest Noted item Free offsetting entry.
Which of the following is a typical process sequence in Product Sale from Stock?
Please choose the correct answer. Purchase requisition -> Delivery/Transport -> Dunning and payment -> Billing Incoming order -> Goods receipts/Transport -> Dunning and payment -> Billing Purchase requisition -> Billing -> Transport/Goods receipts -> Dunning and payment Incoming order -> Transport/Delivery -> Billing -> Dunning and payment.
Your customer wants to clear minor payment differences for incoming payments automatically. Which objects do you have to use to fulfill this requirement ?
Please choose the correct answer. Tolerance groups for G/L account and tolerance groups for customers/vendors Tolerance groups for employees and tolerance groups for document types Tolerance groups for G/L account and tolerance groups for employees Tolerance groups for employees and tolerance groups for customers/vendors.
A vendor sends an invoice to a company which contains expenses for two company codes. You post the vendor item to the receiving company code, then the expense, and finally a cross-charge to the other company code.
How are the taxes posted?
Please choose the correct answer.
Taxes are posted to the company code where the vendor item is posted. Taxes are not posted automatically, and will therefore have to be posted manually. Taxes are posted to both company codes in proportion to the expenses. Taxes are posted to the company code where the larger part of the expense is posted.
to which organizational unit can you assign your validation and substitution?
Please choose the correct answer.
company code segment profit center business area.
what needs to be maintained in Customizing to allow cross-company code transactions?
There are 3 correct answers to this question
posting keys field movement VAT accounts clearing accounts posting authorizations.
what functions within Asset Accounting allow mass processing?
There are 2 correct answers to this question
mass asset changes mass deletion of active assets with net book value zero mass asset retirements mass asset acquisitions.
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