Bill of exchange charges or payment difference are posted automatically when the following request is carried out

It is possible to create various financial statement versions in SAP System

Company code must be specified in all financial related transaction in SAP ERP
In order to post cost information to Management Accounting, he one of the following information must be used
The payment program that creates the transfer and post it to an outgoing cash account is known as
When company code specific settings is maintained for company code 1000, it also valid for company code 1100
Posting in Asset Accounting can be done by
The following statements are true regarding financial closing, except
The following statements are TRUE in regards to Business Area except
Which of the followings is not included in the “three way match” in MM ?
The following statements are TRUE in regards to Account Group in SAP fi module, except
In order to determine if a line item is credit or debit posting, SAP ERP uses the following tool
The following are elements of credit management master records, except..
Following statement is false about Plants in Material Management…
Following statement are true about Posting a Check Deposit, except :
When customer payment is posted using cash journal, the payment automatically clear the open item related to the customer
Foreign currency valuation will valuate open items in a foreign currency
Depreciation can only be posted after depreciation posting run has been completed
You can use ABAP program to assists in creating financial statement
A bank must be maintained in Bank Directory table in order to be used in transactions
The followings are depreciation areas with account determination in asset accounting
The valuation run can be determined using a value adjustment key contained in the customer master
The company codes in the same Corporate / Group with different operating chart, make consolidation with the following :
The following statements are TRUE in regard to Chart of Accounts, except…
You may enter the dunning procedure in….
The following are TRUE statements in regards with Customer Master Data :
The balance and information about customer is displayed in screen area
The recurring entry program selects all recurring entry original documents in which the date of the next posting will fall within
The following activities are performed during payment run :
The sales process contains of these activities, except :
The following is used to transfer information from Financial Accounting to Management Accounting :
It is required to run the following in order to check if the depreciation is fully posted and no assets contain errors :
Method of posting which open invoice won’t be cleared and new open item in the amount of the payment is created, is called…
Accrual method is used when the expense or revenue was posted in the current period. However, the actual business transacti
At the end of fiscal year, the balance carry forward program is run (F)
Sales Area is combination of…
Cash journal must be assigned to one G/L account, which represents the petty cash journal account in general ledger
The following statements are TRUE in regard to vendor account :
The following statements are true regarding Asset Class, except….
You can select the screen variants, account assignment templates or held documents as reference in enjoy screen area
The followings are process for deposit checks, except (After all checks have been entered, a list of check unavailable in the sys
At the end of fiscal year, the balance carry forward program is run (False)
The following activities are the first step of running automatic payment (Maintain parameter)
The following is a true statement in regards with financial closing (All the above)
When posting expense item, a cost center or internal order must be entered in order generate document in management acco
The balance and information about customer is displayed in screen area (Information area)
Asset class defines the screen layout of asset master record (True)
In order to determine if a line item is a credit or debit posting, SAP ERP uses the following tool (Posting key)
The following are depreciation areas with account determination in asset accounting (All of the above)
It is required to run the following in order to check if the depreciation is fully posted and no assets contain errors (Year end clo
Account receivable information system can be used to generate the following report, except (Cash discount history)
When the expense or revenue that belongs to the current period is not posted until a later period, we are using the following m
The following is a true statement in regards with account setting for company codes (You can use an account in company code
You may enter the dunning procedure in….(Customer master)
When we do the outgoing transfer, the cash flow later appears on the bank statement and the bank ledger accounting session
The necessity of foreign currency valuation is to valuate the following for vendor accounts (All open items in foreign currency)
Which statements is true in regards with recurring entry program? (All of the above)
Three ways match as procedure to post procurement transaction (Invoice verification, purchase order, goods receipt)
It is possible to create various financial statement versions in SAP System (True)
The following statements are true in regards to account group in SAP Financial Accounting module, except (
The following are true statements in regards with vendor account, except (Vendor account information is grouped into client d
If the value of order exceeded the credit limit, the order still can be shipped but can not be billed (False)
The combination of sales organization and distribution channel is (Distribution chain)
The data entry screen for cash journal transaction consist of the followings, except (Header)
The followings are asset history sheet version containing various history sheet groupings, except (Calculation)
Following statement are true about valuation run, except (A certain percentage of total amount, whether it's over due or not,
The following information can be found I every GL account in chart of account, except (Account edition)
If a company code needs to generate report to meet the requirements of the respective countries, they need to assign GL acco
Invoice can be entered in sales dan distribution module and financial accounting module (True)
If you want to settle asset under construstion, you have to maintain…first (Settlement rule)
Following statement is false about Plants in Material Management (Each company code is only allowed to have only one plan
The following statements are true regarding organizational structure in financial accounting module, except (More than one c
Method of posting which open invoice won’t be cleared and new open item in the amount of the payment is created, is called
When customer payment is posted using cash journal, the payment automatically clear the open item related to the customer
It is possible to assigned one business area to multiple company codes (True)
The following is used to transfer information from Financial Accounting to Management Accounting (Document type)
Customer account group is used to, except (Determine customer credit area)
Each house bank is reppresented in the SAP system by (House bank ID)
The followings are areas in GL account posting screen (Line item information area)
the GR/IR clearing accounts containing list of all goods and invoice received at the end period, must be zero (True)
 quest is carried out

tion must be used

wn as
mpany code 1100

en item related to the customer

master
lidation with the following :

the next posting will fall within specified period and the generates a batch input session

nting :
sets contain errors :
he payment is created, is called…
ver, the actual business transaction, or part of it, is actually in a future period

ount in general ledger

nce in enjoy screen area

t of check unavailable in the system)

document in management accounting as well as financial accounting (True)

 (Posting key)
e above)
sets contain errors (Year end closing program)
ash discount history)
iod, we are using the following method (Accrual)
use an account in company code, after you maintain the account definition at the chart of account level)

bank ledger accounting session creates the posting (Cash outflow to bank)
open items in foreign currency)

se order, goods receipt)

dule, except (
ormation is grouped into client data, company code data and purchasing data)
ed (False)

pt (Calculation)
nt, whether it's over due or not, is used as basic calculation of the valuation)
t edition)
ries, they need to assign GL account from (Country chart of account)
)

y allowed to have only one plant)

module, except (More than one company codes can only be assigned to one controlling area)
the payment is created, is called (Partial payment)
en item related to the customer (False)

nting (Document type)

must be zero (True)