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ERASED TEST, YOU MAY BE INTERESTED ONTS4F01- S4 HANA Finance Part1-UNIT3 (SAP)

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Title of test:
TS4F01- S4 HANA Finance Part1-UNIT3 (SAP)

Description:
Master Data

Author:
AVATAR
Rankanidhi Panigrahy
(Other tests from this author)


Creation Date:
17/03/2019

Category:
Others

Number of questions: 22
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Content:
A chart of accounts must be assigned to every company code for which accounts are to be set up. True False.
Which of the following information is entered in the chart of accounts segment of a G/L account?? Account number Control fields Consolidation fields Currency fields.
To use an account from the assigned chart of accounts in your company code, you must create a company code segment for the account. True False.
In a balance sheet account, the balance is carried forward to a retained earnings account and the balance sheet account is set to zero False True.
Name the segments that are parts of a G/L account. Company code segment COA Segment Controlling Area Segment.
Which field status has the lowest priority (G/L accounts)? Required entry Hide Optional entry Display.
All postings to the subledger accounts are automatically posted to the assigned reconciliation accounts. True False.
When you create a G/L account, SAP S/4HANA uses the company code local currency as the default account currency True False.
Which of the following options can you use to change the G/L account master data using collective processing? Change chart of accounts data Change company code data Change client level data Change account descriptions.
Different accounts of one operational chart of accounts can refer to the same group account True False.
The country chart of accounts number (alternative account number) is entered in every chart of account segment. True False.
You can save a segment in the master data of a profit center. True False.
In many business cases, particularly in logistics, you have to enter the segment manually. Determine whether this statement is true or false. False True.
The profit center is the best object from which segments can be uniformly derived True False.
Segments have a time reference True False.
Segments are assigned to a hierarchy True False.
It is possible to assign the same segment to multiple profit centers True False.
On which level the system stores the general data of a customer or vendor that can be assessed throughout the whole organization? Choose the correct answer. Organization level Client level Company code Account level.
In Financial Accounting, after the customer or vendor account is created, you can no longer change the account group. True False.
A one-time account master record contains information about a specific customer or vendor. False True.
Customer and vendor accounts can’t use the same number ranges True False.
The field status entries in individual areas, such as Client, Business Partner Role, Business Partner Type and activity, compete with each other and the field status with the highest priority is used. False True.
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