FI Certification Questions and Answers Test 1 1. Which of the following are special G/L types? Choose the correct Answer(s) A. Noted items B. Down payments C. Automatic offsetting entries(statistical) D. Free offsetting entries E. Other types ANSWER: A, C, D Down payments, bills exchange and other types are referred to as special general classes. 2. The following applies to the special general ledger types of noted items. Choose the correct answer(s) A. The special G/L indications of your own can be created of this type B. The acount for the offsetting entry is selected automatically C. No postings are made on an offsetting account D. Noted items are posted on an alternative reconciliation account E. Noted items cannot replace and proper FI documents. ANSWER: C, D, E Noted items are purely reminders. no zero balance check is made in no assignments are made to offsetting accounts. 3. Which Statements are correct? A. A Company code can be assigned several workflow variants B. A task can be assigned one possible processor only C. It is Possible to design multilevel workflow sequences D. The same workflow variant can be assigned to several company codes. ANSWER: C and D One workflow variant can be used for several company codes. it is possible to create multileveled workflow sequences. individual tasks can usually be assigned several possible processes. 4. Name reasons for archiving data. A. Improve response times B. Keep data secret from auditors C. Reduce system downtimes during software upgrades D. Lower the effort involved in database administration ANSWER: A, C and D 5. Which prerequisites are checked by the system before deleting master data? A. For G/L account: has a deletion indicator been set? B. For customers: have they been created before 1995? C. For vendors: are they still transaction figures? D. For G/L accounts, customers and vendors are there still documents? E. For banks: is the bank balance sheet overdrawn? F. For Banks : are they still being used? ANSWER: A, C, D and F 6. Where do you define the reconciliation account that will be used by an asset? A. Account determination in asset class B. Account number in Fixed asset. C. Account determination in depreciation area D. Account number in depreciation area ANSWER: C Process Fixed Asset Depreciation Every asset transaction immediately causes a change of the forecasted depreciation. However, it does not immediately cause an update of the depreciation and value adjustment accounts for the balance sheet and profit and loss statements. The planned depreciation is posted to the general ledger when you run the periodic depreciation posting run. This posting run uses a batch input session to post the planned depreciation for each posting level for each individual asset as a lump sum amount. "http://www.sap-img.com/zf017.htm " Depreciation Posting Run is done via transaction code 'AFAB'.




7. How many possibilities are possible with New General ledger? Choose all that apply. A. Account balancing with any characteristic B. Customer fields Extensibility C. Segment reporting D. Reduction of total cost of ownership. E. Transparency and uniformity ANSWER: A, B, C, D and E 8. The new General Ledger now consists of what function? Choose all that apply. A. FI Classic B. Profit center Accounting C. Product Costing D. Reconciliation ledger E. Schedule manager ANSWER: A and D 9. What are the advantages of using the new General Ledger? Choose all that apply. A. Extended data structure B. Document(online) Split C. Real time Integration between CO and FI. D. Multiple Ledger can be maintained under leading ledger E. Interfaces for entering the data and postings are nearly identical. ANSWER: A, B, C, D and E 10. (A)True or (B)False: please choose the correct answer. 10.1 The new GL is optional for existing SAP Customers. A. True B. False ANSWER: B 10.2 New SAP customers will have to activate New GL by Default. A. True B. False ANSWER: B 10.3 ECC 6.0 will prohibit the use of PCA above General Ledger. A. True B. False ANSWER: B 10.4 The new SAP Installation will choose Old and New Ledger. A. True B. False ANSWER: B 10.5 Customers with new ledger will have limited extensibility A. True B. False ANSWER: B 11. What Customizing transaction will activate the new General Ledger? Choose all that apply. A. FANEWGL_ACTIVATION B. FAGL_ACTIVATION C. GL_ACTIVATION D. NEWGL_ACTIVATION E. FIGL_ACTIVATION ANSWER: B 12. After activating the new GL, what ollowing changes will take place? Choose all that apply. A. There will be new paths for New GL in addition to exciting (old) GL. B. Conventional financial Accounting Paths will remain attheir present form. C. Old paths can be eliminated by running RFAGL_SWAP_IMG_OLD D. Old paths can be eliminated by running FIGL_SWAP_IMG_NEW ANSWER: A, B, and C 13. What will be the new Ledger definition be after the activation? Choose all that apply. A. Control parameters (as before) will be from company code. B. The leading ledger will manage local currency(s) assigned to company code. C. New GL, will use the same Fiscal Year Varian and posting Period Variant that is assigned to company code. D. There will be or can be multiple leading ledgers. E. If Multiple ledgers are used , values from all the ledgers can be posted on CO. ANSWER: A, B, and C 14. (a) true or (B) False Choose the correct answers(s). 14.1 After activation, Financial Accounting Document will have two views: the entry view and the GL View. A. True B. False ANSWER: A 14.2 Entry View will be the same in Sub-ledgers(AR / AR / AA / Taxes). A. True B. False ANSWER: A 14.3 The way the document will appear in General Ledger view will be the same as the Entry View. A. True B. False ANSWER: B 14.4 There will be no extra views on the document and no changes will be made. A. True B. False ANSWER: A 15. Pre-closing activities that begin in the old month include: A. Open a new accounting period B. Foreign currency valuations and financial statements adjustments C. Enter accruals/deferrals, process recurring entries and bad debt expense in AR, post depreciation and nearest expenses in asset accounting D. Creation of external internal reports ANSWER: A and C B and D are closing activities. 16. Which of the following are "special items" in financial statement version? A. Profit and loss results B. expenses C. Accounts not signed D. Notices to financial statements ANSWER: A, C and D 17. The depreciation position program RAPOST2000 can be used to record the following: A. Ordinary (book and cost-accounting) depreciation B. Tax special depreciation or the allocation and write off of reserves for special depreciation C. Unplanned depreciation (or other manually planned depreciation) D. Imputed interest E. APC revaluation blow/ above the accumulated depreciation ANSWER: A, B, C, D, and E 18. Which of the following are required settings for foreign currency valuation? A. Define exchange rates B. Define valuation methods C. Define expense and revenue accounts for exchange rate differences D. Specfy balance sheet adjustments accounts for receivables and payables. ANSWER: A, B, C, D 19. The Accrual engine can be used for the following purposes. A. Lease accounting B. Provision for awards C. Automatic accruals in financial accounting D. Intellectual property management ANSWER: A, B and D The Accrual engine can be used for manual accruals in financial accounting in additional to the above. 20. The "Posting Period" can be defined for each A. Company code B. Accounting principle C. Posting period variant D. Accrual type ANSWER: A,B and D 21. The purpose of account determination is to determine the following: A. Document type B. Debit account C. Credit account D. Balance sheet account ANSWER: A,B and C 22. Accounts are determined using "derivation rules" consisting the following. Which of them are/is optional? A. Source fields B. Target fields C. Conditions D. Rule entries ANSWER: C 23. Which of the following are fields of "General data" in customer/vendor accounts? A. Address B. Insurance C. Control Data D. Account Management ANSWER: B and D Other two are fields of company code 24. In SAP every document is uniquely identified by the following fields. A. Company Code B. Document number C. Fiscal year D. Posting period ANSWER: A, B, and C 25. Which of the following are the steps involved in the "payment process" A. Setting parameters B. Generating a proposal C. Schedule the payment run D. Printing the payment media ANSWER: A, B, C, D 26. What are the fields by which every dunning program run is identified? A. Run date B. Program number C. Customer number D. Identification ANSWER: A and D 27. Items that are to be dunned are grouped together in dunning notices if they have the same of following : A. Company code B. Dunning area C. Account D. Number range ANSWER: A, B, C 28. Which of the following are advantages of document splitting? A. Accelerate closing B. Increased data quality C. Extensibility and Flexibility D. Real-time integration ANSWER: A, B, C 29. Which of the following are not correct? A. The main ledger generally reflects the accounting principle used to draw up consolidated financial statements B. The main ledger is the only ledger that is integrated with controlling module by default C. For parallel financial reporting, other ledgers cannot be used in addition to the main ledger. D. Consolidated financial reporting is normally mapped with main ledger ANSWER: C 30. The following can be used for G/L account evaluations A. Balance display B. Key figure reports C. Reports for financial statement analysis D. Interim report ANSWER: A, B, C 31. Consider the following statements: (1)Secondary cost elements area used in production that are prduced from outside the company. (2)Cost elements are indicators, used as a basis for allocations and for performing key figure analysis. (3)Cost centers are the organizational units that incur and influence costs. Which of the above sentences are true( please choose the correct option)? a) 1 b) 2 c) 3 d) all of them e) none of them ANSWER: C 32. What can you say about the standard hierarchy( please choose the correct option)? A. Its the top of a profit center group, which all cost center/profit centers may be assigned. B. This is the representation of the board directors cost center. C. It can be defined after creating cost centers. D. It must be defined before creating cost centers. E. Its name is defined after creating controlling area and it must follow certain SAP standard rules, as having the same name on the controlling area. ANSWER: D COST CENTER’S Cost Center’s: Organizational Unit within a controlling area that represents a defined location of cost incurrence. The definition can be based on 1) Functional Requirement, 2) Allocation criteria, 3) Physical location and 4) Responsibilities for cost. Change Cost center hierarchy - OKEON Creation of Cost Center - KS01 Distribution: Was created to transfer primary costs from a sender cost center to receiving controlling objects. Distribution is primary cost elements. Define Distribution - KSV1 Execute “” - KSV5




33. "During a physical year, you can only change the assignments of the organizational units company codes, business area or profit center to a cost center if: 33.1 The currency of the new company code is the same as the currency of the old company code. 33.2 You have only posted planning data in the fiscal year. 33.3 The cost center is not assigned to a fixed asset, work center or HR master record. a) 33.1 and 33.2 are correct b) 33.2 and 33.3 are correct c) 33.1 and 33.3 are correct d) 33.1, 33.2 and 33.3 are correct e) none of them ANSWER: D 34. Define Cost Center Category ( Please choose the correct option). A. It is allowed for only center master data. B. it is a CO object where costs are incurred. C. Is is and indicator in the controlling area, which specificities what kind of cost center can be entered. D. It is an indicator in the chart of accounts, which specifies the category for the cost center. ANSWER: D 35. Define the Primary cost Element (please choose the correct option). A. It is the object in CO module that corresponds to the expense and revenue accounts in FI module. B. It is the object in CO module that are used to record internal value flows like activity allocation, assessments and settlements. C. It is the object in the CO module that are used exclusively to identify internal cost flows and record revenues. D. It is revenue element, used in CO and it corresponds to Balance sheet account in FI module. E. It is a tracing factor that helps to classify the specific activities that are prvided by one or more cost centers within a company. ANSWER: A 36. (A)True or (B)False? 36.1 The activity type category is used to determine whether and how an activity type is entered and allocated. A. True B. False ANSWER: A 36. (A)True or (B)False? 36.2 The fixed value is only posted in the period in which it is entered. A. True B. False ANSWER: B 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 FIXED VALUE is carried over from the period in which it is entered to all subsequnt periods of the same fiscal year. The fical year total is an average of the period fields. 36. (A)True or (B)False? 36.3 You can create your own list variants for collective processing. A. True B. False ANSWER: A 36. (A)True or (B)False? 36.4 SAP recommends that you use the same number interval groups for CO actual and plan transactions. A. True B. False ANSWER: B SAP recommends that you create different number interval groups for CO actual and plan transactions. 36. (A)True or (B)False? 36.5 Validation has priority under Substitution. True/False A. True B. False ANSWER: A Validation has priority, or it is "stronger", than Substitution. 37. Splitting process can be divided in to following steps. 37.1 Active split 37.2 Passive split 37.3 Legal split 37.4 Clearing lines / zero balance formation by document 37.5 Partial split 37.6 Total split Choose the correct option: a) 37.1, 37.3 and 37.5 are correct. b) 37.2, 37.5 and 37.6 are correct. c) 37.2, 37.3 and 37.4 are correct. d) 37.3, 37.4 and 37.5 are correct. e) 37.1, 37.2 and 37.4 are correct. ANSWER: E 38. Consider the following statements: 38.1 Reposting line items creates CO documents which don't contain a reference to the FI document. 38.2 Commitments are payment obligations that are not centered into the accounts,but that lead to actual costs at a later date. 38.3 Purchase orders reduce the commitment values. 38.4 To directly allocate activity, create an activity type of the category 1 (manual entry, manual allocation). 38.5 You can repoting direct activity allocation in periods and in the same period from which the document to be adjusted originates. Choose the correct option: a) 38.1 and 38.5 are correct. b) 38.2 and 38.3 are correct. c) 38.2 and 38.4 are correct. d) 38.1 and 38.3 are correct. e) 38.4 and 38.5 are correct. ANSWER: C 12 Normal posting period and 4 special periods are in the fiscal year which can be used for posting tax and audit adjustments to a closed fiscal year 38. (2) How many Normal and Special periods will be there in fiscal year, why do you use special periods? A. 8 Normal posting period and 4 special periods are in the fiscal year which can be used for posting tax and audit adjustments to a closed fiscal year B. 4 Normal posting period and 8 special periods are in the fiscal year which can be used for posting tax and audit adjustments to a closed fiscal year C. 12 Normal posting period and 4 special periods are in the fiscal year which can be used for posting tax and audit adjustments to a closed fiscal year D. 6 Normal posting period and 10 special periods are in the fiscal year which can be used for posting tax and audit adjustments to a closed fiscal year ANSWER: C 12 Normal posting period and 4 special periods are in the fiscal year which can be used for posting tax and audit adjustments to a closed fiscal year 38. (3)Where do you open and close periods? A. PPPV is used to open and close the periods based on GL Accounts. Tr. Code. OST52. B. PPV is used to open and close the periods based on a/c types considering GL Accounts. Tr. Code. OT52. C. PPV is used to open and close the periods based on considering GL Accounts. D. PPV is used to open and close the periods based on a/c types considering GL Accounts. Tr. Code. OB52. ANSWER: D PPV is used to open and close the periods based on a/c types considering GL Accounts. Tr. Code. OB52.

39. Which of the following are correct periodic allocation? A. Both distribution & Assessment can be applied as a Periodic Allocation Technique in the New ledger. How ever Periodic Reposting is not used. B. Statistical Key Figure presently cannot be used as a Tracing Factor. C. Distribution Generates a FI Document as an output. D. A separate Assessment account needs to be defined for new General ledger as GL Account that is not a secondary cost Element of category 42. ANSWER: A, B, C, D 40. Which of the following statements is true (Please choose the correct option(s))? 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 reporting. C. Independent 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 distributions, the original cost elements are summarized into distribution cost elements ( secondary cost element category = 42) ANSWER: C 41. What can we say about period lock (Please choose the correct option)? A. Is it to lock the business transactions for a combination of company code, fiscal year and document number. B. Is it to lock the business transactions for a combination of company code, fiscal year and version. C. Is it to lock the business transactions for a combination of controlling area, fiscal year and version. D. Is it to lock the business transactions for a combination of company code, fiscal year and plant. E. Is it to lock the business transactions for a combination of company code, fiscal year and purchasing organization. ANSWER: C 42. Which of the following are advantages of ledger solution? A. You maintain a separate ledger for every accounting principle B. You can use difference fiscal year variants in this scenario C. The number of G/L accounts is manageable D. The data volume decreases ANSWER: A, B, C 43. When planning statistical key figures, it uses a _______________ for period-based Distribution of total values. Please choose the option that fulfills the above statement: A. receiver base B. free entry C. planned value D. distribution key E. secondary statistical key figure 44. Plan values on cost centers can often be calculated using mathematical dependencies. ___________ lets you use calculation dependences to plan your cost center costs. Please choose the option that fulfills the above statement: A. formula planning B. resource planning C. Dependency planning D. accrual calculation E. distribution ANSWER: A 45. Which of the following are migration principles? A. Date of migration is at the beginning of a Fiscal year(Current or Future) B. Year End closing of the Old Fiscal year must be completed prior to migration and Activation of New GL. C. After successful data Migration, new GL will be Activated. D. New GL should be activated before data migration ANSWER: A, B, C 46. Consider the following statements about report Painter: 46.1 ____ <1> _____ are numeric fields that you can evaluate in a report. 46.2 ____ <2> _____ are fields that display criteria that you used in the data selection. 46.3 ____ <3> _____ consist of a key figure and one or more characteristics. 46.4 All of the reports are kept in ____ <4> ________ . Please choose the option that substitutes <1>, <2>, <3> and <4>, respectively. 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. ANSWER: D 47. Which of the following are part of the financial statements? A. Automatic offsetting entries B. Noted items C. Free offsetting entries D. All of the above ANSWER: C 48. The following statement(s) is /are correct with holding documents. A. Free assignment of the designation/ID B. A document number is assigned C. No update of the transaction figures D. Not taken in to account for evaluation/reports ANSWER: A, C, D 49. Which of the following are process dominion of SAP business workflow? A. Organizational structure B. Process Structure C. Function D. Information ANSWER: B, C, D 50. What can we say about Planner profile(Note: we can have more than one correct sentence. please select the sentences you think they are correct)? A. It allows to control the planning process. B. In 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. ANSWER: A, C, E 51. Which of the following are screen areas of Business Workplace? A. Selection tree B. Workflow C. Work list D. Work item preview ANSWER: A, C, D 52. Which of the following are call up points? A. Document number B. Document header C. Document line item D. Complete Document ANSWER: B, C, D 53. Profitability management is related to which SAP R/3 specific module (Please choose the correct option)? A. Financial Accounting B. Materials management C. Controlling D. Enterprise Controlling E. Sales and Distribution ANSWER: D 54. Transaction type specifics which of the following are updated: A. Value fields B. Depreciation areas C. Asset balance sheet accounts D. All of the above ANSWER: D 55. You can assign an asset to the following Controlling objects: A. Cost center B. Internal order C. Activity type D. Maintenance order E. All of the above ANSWER: E 56. Which of the following are form types in drill down reporting? A. Single axis from without key figure. B. Single axis from with key figure. C. Dual axis from with key figure D. Dual axis form without key figure ANSWER: A, B, C 57. Which of the following evaluations types available only for customers? A. The DSO (Days of Sales Outstanding) evaluation B. The overdue items evaluations C. Terms Agreed/Terms taken D. The currency analysis E. The due date analysis ANSWER: A, C 58. Which of the following is not a function of SAP List Viewer? A. Select List B. Select Detail C. Summation D. Select Columns E. Select Report ANSWER: E 59. What characteristic is needed when we need to calculate profits according in the cost-of-sales approach ( Please choose the correct option)? A. Plant B. Sales total C. Function Area D. Dummy Profit Center E. Operating Concern ANSWER: C 60. Consider the following 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 be 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 organizations units. E. The assignment of a Report Painter/Report Writer to a library is optional. ANSWER: C 61. Consider the following statements. (Plan Integration): 61.1 The ___ <1> ___ is usually created to determine the quantiles you expect to sell during the planning period. 61.2 The ___ <2> ____ determines both the capacities and the quantity requirements for raw materials and operating supplies. 61.3 The ___ <3> ___ can be used to derive planning planned contribution margins. 61.4 The ___ <4> ____ is created once the activity unites 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. ANSWER: E 62. Consider the following processes that occur in R/3 system: 62.1 It has been generated a goods receipt for a purchase order. 62.2 It has been created an invoice receipt for a purchase order. 62.3 It has been posted an asset. 62.4 It has been created a SD billing document, with valuated project stuck. 62.5 It has been created 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 ANSWER: D 63. What are the functions integrated in the Schedule manager( note: we can have more than one correct sentence. Please select the sentences you think they are correct)? A. Error correction and Restart B. Various ways for starting jobs C. Dependencies D. Documentation integration into the system. E. Uniform Error Analysis ANSWER: A, C, D, E 64. What are the advantage of using the Schedule manager during the period-end closing process( note : we can have more than one correct sentience. please Select the sentences you think they are correct)? A. Changes not recognized or active immediately B. Changes are immediately viable and effective. C. Access is available to everyone with authorization D. The system executes settlement E. Documentation ad flow for the period-end closing are centrally integrated in the R/3 system ANSWER: B, C, D, E 65. What is the intention of a task list? A. it is matched to group all work to be done. B. In is intended to be restricted to the financial manager C. It is intended to make the user list the transaction codes D. It is intended only to collect several jobs E. It is Intended to be self-documented. ANSWER: A 66. What are the four task types (note: we can have more than one correct sentence)? A. Create transaction code B. Notes C. Transactions D. Programs with variant E. Flow definition ANSWER: B, C, D, E 67. What does the monitor provide ( Note: we can have more than one correct sentience. Please select the sentiences that you think they are correct)? A. The access to messages and results lists B. The visualization of both entire technical and business information C. The opportunity to post postpone someone's task. 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. ANSWER: A, B, D, E 68. What do the flow definitions provide ( Note: we can have more than one correct sentence. Please select the sentences that you think they are correct)? A. To define dependences 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 define times. ANSWER: C, E 69. What does the Work list Provide ( Note: we can have more than one correct sentence. Please select the sentences that 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 on the database. This leads to an unnecessary sequential of database access. B. A chain can contain between four and ten steps. C. It is only after all jobs are run that the system detects any object errors that occurred. D. The Selection report selects all objects all objects from the database that are relevant for subsequent jobs. The system create a special place for every object. E. A chain can contain any number of jobs. ANSWER: D, E 70. Which program hides the old paths in the new general ledger? A. FANEWGL_ACTIVATION B. RFAGL_SWAP_IMG_OLD C. FANEWGL_SWAP_IMG_OLD D. RFIGL_SWAP_IMG_OLD ANSWER: B 71. What are the building blocks for the SAP Solution Management strategy (Please 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. Integrated 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. ANSWER: B 72. SAP solutions Manager is ( Note: we can have more than one correct sentence. Please select the sentences that 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 system for design, configuration and testing activities. C. A platform that provides with Business process Repository central access to the list of predefined business scenarios, which serve as a starting point for identified 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). ANSWER: A, B, C, E SAP Solution manager enables proces- orientation versus component-oriented configuration and testing. 73. What are the five phases of the Implementation road map (Please 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. Integrated product Management, project Monitoring and Control, configuration Management, Supplier Agreement management and Organizational effort management. D. Supply Chain management, Customer relation management, strategic Enterprise management, Business Warehouse Management and Advanced Planner Optimizing. E. Transactions, logical Component, Documentation, IMG Assignment and Test Cases. ANSWER: B 74. The SAP Solution Manager as the technical and operations infrastructure has some components. What are they(Please choose the correct option)? A. Operations, Solutions Monitoring and Support. B. Schedule Manager, solution Manager and Solution Monitor. C. Transactions, Logical Components, Documentation,IMG Assignment and test Cases. D. Project preparations, 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. ANSWER: A 75. Which of the following are types of Sections variables for report variants? A. table variables from TVARV B. Dynamic date calculation C. Posting period D. Fiscal year. ANSWER: A, B 76. Which of the following statements is correct? A. A company code is not an organizational unit. B. A company code must use a business area. C. A company code can only be linked to one controlling area. D. A company code can have more than one operating Chart of Accounts. ANSWER: C 76. (4)What do you enter in Company code Global settings? A. All the changes that you want. B. Company name, City, 4 digit Alphanumeric key, Country, Currency, Language, and Address. C. Company name, City, and Currency only. D. Nothing, information is already there and does not need to be changed. ANSWER: B 4 digit Alphanumeric key. T-code OX02 and then click on the 4 digit company code to configure. Name of the company, City, Country, Currency, Language, Address .






77. In SAP what is the document principle? A. It determines the data flow between Financial Accounting and other components of the SAP system. B. It is the set of documents FI is based on. C. It provides an unbroken audit trial from the financial statements to the individual documents. D. It is used to count the number of documents used to during a posting in FI. ANSWER: C 78. In SAP FI which statements are correct for the chart of Accounts? A. It is possible to assign only two chart of accounts to a company code. B. This is a list of all G/L accounts used by one or several company codes. C. For each G/L account the chart of accounts contain the account number , account name and the information that control how an account functions and how a G/L account is created in a company code. D. It is possible to assign more than one chart of accounts to a company code. ANSWER: A, B, C, D For each G/L account, the chart of accounts contains the account number, account name, and the information that controls how an account functions and how a G/L account is created in a Company code. You have to assign a chart of accounts to each company code. This chart of accounts is the Operating chart of accounts and is used for the daily postings in this company code. You have the following options when using multiple company codes. You can use the same chart of accounts for all company codes If the company codes all have the same requirements for the chart of accounts set up, assign all of the individual company codes to the same chart of accounts. This could be the case if all company codes are in the same country. In addition to the operating chart of accounts, you can use two additional charts of accounts If the individual company codes need different charts of accounts, you can assign up to two charts of accounts in addition to the operating chart of accounts. This could be the case if company codes lie in multiple countries. The use of different charts of accounts has no effect on the balance sheet and profit and loss statement. When creating the balance sheet or the profit and loss statement, you can choose whether to balance the co! mpany codes which use different charts of accounts together or separately. 79. A company in the SAP structure is: A. Used the same as a company code B. A consolidation master record C. Used to report structures in SAP D. Used to accumulate company code data for more than one company code. ANSWER: B 80. Which of the following are structures of Chart of Accounts? A. Operating chart of accounts B. Standard chart of accounts C. Optional chart of accounts D. Country specific chart of accounts. E. Group chart of accounts. ANSWER: A, D, E ======================================================================= ANSWERS 1. A, C and D Down payments, bills exchange and other types are referred to as special general classes. 2. C,D and E Noted items are purely reminders. no zero balance check is made in no assignments are made to offsetting accounts. 3. C and D One workflow variant can be used for several company codes. it is possible to create multileveled workflow sequences. individual tasks can usually be assigned several possible processes. 4. A, C and D 5. A,C, D and F 6. C 7. A, B, C, D and E 8. A and D 9. All of the above 10. A 11. B 12. A, B and C 13. A, B and C 14. A, B and D 15 A and C ... B and D are closing activities 16. A, C and D 17. All of the above 18. All of the above 19. A, B and D The accrual engine can be used for manual accruals in financial account, in addition to the above. 20. A B and D 21 A, B and C 22. C 23. B and D Other two fields of company codes data 24. A,B and C 25. All of the above 26. A and D 27. A, B and c 28. A, B and C 29. C 30. A, B and C 31. C 32. D 33. D 34. C 35. A 36. True or false 36.1 True 36.2 False 36.3 True 36.4 False 36.5 True 37. E 38. C 39. All of them 40. C 41. C 42. A,B and C 43. D 44. A 45. A, B and C 46. D 47. C 48. A,B and C 49. All of the above 50. A, C and E 51. A,C and D 52. B, C and D 53. D 54 D 56. A B and C 57. A and C 58. E 59. C 60. A 61. E 62. D 63. A, C, D , E 64. B, C, D E 65. A 66. B,C, D, E 67. A, B, D, E 68. C, E 69. D, E 70. B 71. B 72. A, B, C, E 73. B 74. A 75. A and B 76. C 77. C 78. A,B,C, D 79. B 80. A, D and E