21.

Which of the following statements about asset data transfer from

a previous system are correct?(Multy)

A. Transferring asset data ¡®during the fiscal year¡¯ is only

possible on july 1 of the given year.

B. When you transfer asset data ¡®during the fiscal year¡¯, the
system automatically determines replacement values and insurable values
using batch input.

C. During the asset transfer, you can enter either the APC or
the net book value.

D. During the asset transfer, you can specify the order in

which the depreciation are apper.

E. When you transfer asset data ¡®during the fiscal year¡¯,you

must enter the last depreciation posting period from your previous
system in the SAP R/3 System.

23. What additional functions do asset classes offer?(Multy)

A. Specify required entry fields for asset master data

B. Enter default values for asset master data
C. Enter default values entries for depreciation area
D. Enter allowed entries for user fields
E. Define allowed company codes

24. Which of the following statements about manual depreciation (for

example unplanned depreciation in FI-AA) area true?(Multy)

A. You cannot post manual depreciation in FI-AA.

B. Manual depreciation is posted immediately after entry(real
time).
C. Manual depreciation is initially shown as a planned value after
entry and only posted when the depreciation posting report is run.
D. Manual depreciation usually only applies to depreciation
areas which you choose when you enter the document.
E. After entering manual depreciation in FI-AA., you also need to
enter it manually in FI/CO

26. Which of the Following statements about automatic payment are

correct ? (Multy)

A. In automatic payment procedures, all incoming invoices as of the

second dunning level are paid automatically

B. Direct debiting or bank collection can be used in automatic

payment procedures to clear customer invoices

C. Open items posted to G/L accounts can be cleared using the

payment program

D. Special G/L transactions(down payment)can be posted using the

payment program

E. The payment program can pay vendor invoices using wire transfers
and checks

27. Imagine the following scenario:A company wants to execute a

payment run on a daily basis and process several company codes at the
same time. If the amount exceeds US$ 1000, the vendors are to be paid
by bank transfer, amounts less than US$ 1000 are to be paid by check.
The customer has two house banks and wants all checks to be processed
by bank A and all¡¦ (Multy)

A You store variants for print programs within customizing. Here you
can specify that the information is to be output to a data carrier

B. You specify, per house bank, whether payments are to be made

by check only or also by transfer

C. You specify the payment method from within the application,in

the master record

D. The payment proposal of the automatic payment program can

only be displayed

E. You can precisely schedule the print program from within the
application

29. Which of the following statements are true with regard to the
customizing setting for banks in the automatic payment run ? (Multy)

A. The sequence of the banks for processing outgoing payments is

selected randomly

B. You can only determine one payment method per house bank
C. You can select several payment methods per country

D. You can specify by bank and method the anticipated number of days
before the bank account is debited

E. You can determine the banks to be used for payments according to

postal code

28. According th which criteria does the payment program determine

and select open items (Single)

A. posting date and baseline date

B. document date and posting date
C. baseline date and payment terms
D. posting date and cash discount periods
E. posting date and payment terms

30. Which of the following factors does the systems take into account
in a payment run ?(Multy)

A. Fiscal year variant

B. Payment method specifications in the IMG
C. Specifications in the vendor master records
D. Information in the documents(incoming invoices)
E. Specifications made when maintaining the payment run parameters

31. Which of the following statements are correct ?(Multy)

A. When creating a House bank, you do not need to specify the

country.

B. The payments program can use a different House bank for each
different payment method

C. A House bank account can be defined in more than one currency

D. House bank master data must be created in advance, before

assigning the House bank to a payment method in the payment program
configuration

E. A house bank can be assigned to a business area within the

payment program configuration

32. When entering a document using a foreign currency, which date is

used to determine the exchange rate if the translation date is not
entered ?(Single)
A. Posting date
B. Document date
C. Entry date
D. Baseline date

34. which of the following statements supports the reversal of a

document?(Multy)

A. The original document contains no cleared line items.

B. Documents originating in other modules should be corrected there

to allow the changes to flow naturally through to financial
accounting.

C. If a reversal date is not specified, the system reverses the

document using the posting date of the document to be reversed.

D. A new document number is created for the reversal document.

39. Which of the following statements about creating customer master

records are correct? (Multy)

A. An account group always gets assigned to a customer.

B. The company code is always a required entry.

C. The account number may be assigned by the user externally.

D. Information on each screen may be defined in configuration as

mandatory, suppressed or optional, depending upon the account group.

E. Information on each screen may be defined in configuration as

mandatory, suppressed or optional, depending upon the company code.

40. Which of the following statements are correct? (Multy)

A. A customer master is divided by client level and company code

level.

B. In case of one-time customer you have to enter the customer¡¯s

address in the document itself.

C. Address, control data, and reconciliation account are included in

the client level of the customer.

D. The most efficient way to create master records is to work with

the external number range not internal number range.

41. Which of the following statements are correct? (Multy)

A. If a customer is also a vendor, the system can include

outstanding Accounts Receivable invoice items in payment program.

B. If a customer is also a vendor, the system can include

outstanding Accounts Payable invoice items when you clear incoming
payment receipts for the customer.

C. The reconciliation account defined on the customer master

record is an account used to reconcile CO transactions back to FI.

D. All customer belonging to the same account group must be

assigned to the same reconciliation account.

E. The alternative payer is used to transfer outstanding

receivable item to the alternative payer¡¯s account.

– A business Area is:

A The legal unit of consolidation to which company codes is assigned.

B The organization entity for which balance sheets as well as profit & loss
statements can be executed across company codes covering a company’s main areas of
operation.
C The smallest organization unit for which a complete self-contained set of books
can be executed.
D Identifies an independent organizational structure within a company, which
includes all functions, required for internal cost and revenue accounting.

Define GL Account Group. One or more is correct.

A The GL account group is a classifying feature for general ledger master records.
B The account group only determines in which number interval the GL account
number
must reside.
C The account group determines the fields for data entry screens if you create or
change a
master record in a company code.
D The account group also determines in which number interval the GL account
number
must reside.

– How many levels the GL account master record have and what are they?

A 3 Levels – client, chart of account

B 2 Levels – company code and client level.
C 2 Levels – company code and chart of account level.
D 1 Levels – GL master record

The reconciliation account : One or more is correct.

A Ensures real-time integration of sub ledger account with the general ledger.
B Itself is not designed for direct posting.
C Is defined on the client portion of the company code.
D Can be defined for customer, vendor and asset account types.

Customer specific information such as name and address is stored at what level?

A Company code.
B Customer master record.
C Client.
D Account group.

Vendor specific information such as reconciliation acct. and item sorting is stored at
what level ?

A Company code.
B Customer master record.
C Client.
D Account group.

58
[FI-Master Data] – What determines whether the vendor account is one-time ?

A The posting keys.

B Document type.
C Field Status.
D Account group.

The accounting document : One or more is correct.

A The header section contains data relevant for the management of whole document,
such
as document number, posting date, company code, currency and document text.
B Each line item would contain an account, an amount and other relevant posting
information.
C An accounting document must contain at leas 1 line item.
D The debits and credits are not required to balance to zero before posting is
permitted.

What identifies which of the account types will be permitted on particular

document?

A Posting key.
B Document number ranger.
C The audit trail.
D Document type.

Define posting keys ? One or more is correct.

A The posting key also specifies the specific account type for a line item.
B Determines whether the vendor account is one-time.
C Identifies which of the account types will be permitted on a particular document.
D Helps control the field status of a line item.

A document can only be reversed if: One or more is correct.

A The original document contains only customer, vendor and G/L line items.
B The original document contains no cleared line items, if the document does
contain cleared items, then these items must be reset before reversal can take place.
C All specified values (such as, cost center) are not still valid.
D The original document was posted in FI system or originating in other modules

What defines the date on which terms of payment are to begin ?

A Document type.
B Posting date.
C Baseline date.
D Entry date.

Which of the following are controlled by the posting period variant ? One or more is
correct.

A The ranger of periods that is currently open for processing.

B Only one period ranger can be open at the same time.
C The ranger of accounts within a specific account type that is currently open for
processing.
D The specific user authorization necessary to book entries within a specific period.

What are transactions in accounts receivable and accounts payable that are
displayed separately in the general ledger and sub-ledger ? This may be necessary
for reporting or internal reasons.

A G/L fast entry.

B Financial reporting.
C Special G/L transactions.
D Additional assignments.

The chart of depreciation is defined at what level ?

A Company code.
B Asset class.
C Client.
D Plant.

The country-specific chart of depreciation, delivered by SAP, contains a catalog of

depreciation areas that cannot be changed.

A True.
B False.

94
[FI-AM] Different company codes can be linked to one chart of depreciation.

A True
B False

Several asset class can use the same account determination if: One or more is
correct.

A They use the same chart of account.

B Post to different G/L accounts.
C Post to same G/L accounts.
D The different company code.

One or more is correct.

A An asset use only one reconciliation account.
B An asset must use more than one reconciliation account.
C An asset uses balance reconciliation account.
D An asset uses profit/loss reconciliation.
98
[FI-AM] 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.

What is it validation ? One or more is correct

A Allows you to define your own conditions for substituting specific fields.
B Allows you to define your own individual checks for specific fields when a
business
transaction is being processed.
C Allows you to define your own account document.
D Allows you to define your own account number.

Report Painter allows you to use characteristics in the : One or more is correct.

A Line items
B Rows
C Base line date
D Columns

] The payment terms are used to define : One or more is correct.

A Baseline date for due date calculation.

B Cash discount periods
C The house bank
D Cash discount percentage rates

] Which the following SAP items can be inputted during the creation of a vendor
master record ? Note! More than one answer is correct.

A The account group.

B The field status definition.
C The document type.
D A reference vendor.
E The number range interval of the document type.

Define GL Account Group. Note! More than one answer is correct.

A The GL accounts group is a classifying for general ledger master records.

B The account group only determines in which number interval the GL account
number must reside.
C The account group determines the fields for data entry screens if you create or
change a master record in a company code.
D The account group also determines in which number interval the GL account
number must reside.

136
[FI-GL-MASTER DATA] Field Status group control:

A The number range.

B The account type.
C The fields for data entry screens.
D The GL account group.

144
Mark the correct statements:

A The modularity of the SAP R/3 gives an organization added

flexibility and improves the
efficiency of its supply chain management
B The SAP R/3 system does not usually provide real-time processing
and instead utilizes
batch processing for handling most business processing related
transactions.
C You can prevent some of the problems in your system by installing
the patch software
available in the OSS.
D A client represents the highest level group of data within the R/3
system.
E The SAP R/3 system was initially envisioned to be a mainframe
product
F The SAP R/3 system supports client-server architecture.
H The human resource module is not responsible for training the
employees
G SAP AG heavily relies on their partnership with consulting
organizations for
implementation support.
I The workflows in your organization can be configured using the
reference model
J The project team defines the clients that are used by end-users as
part of their SAP R/3
system implementation process.

Which of the following is not a require parameter to log on the system ?

 A Client
B User-Id
C Language code
D Password

Which of the following represents the area of responsibility for sending payment
requests
for past due open items ?

A The credit control area

B The business area
C The dunning area
D The company code

161
Which of the following is required for internal management reporting only ?

A The credit control area

B The business area
C The dunning area
D The company code

Mark the correct statements:

A A controlling area can be assigned to only one company code.

B Several company codes can be defined within each client in the same SAP
R/3 systems
installation. You can compare the financial performance of the company
codes across
the clients as all data is maintained in the same system.
C Several company codes can be defined within each client in the same
SAP R/3 systems
installation. You can compare the financial performance of the company
codes within a
client and not across the clients.
D ABC, Inc. USA and ABC Inc. Europe are two subsidiary companies of
XYZ Co. ABC
USA and ABC Europe must be configured as two clients when
implementing the SAP
R/3 system at XTZ Co.

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

170
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 customer’s 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

The questions which I kind of remember

Payment terms are entered both at client level and company code level
You can configure the payment term in such a way that payment block appears
automatically when you use the specific payment term
How may open sessions can be there at a given point of time in SAP.
Special GL indicator is a three digit alphanumeric key
Every special GL indicator belongs to a special GL Indicator class

In tolerance group 1234 you assign a user ID ABCD in CC 1000. The tolerance limit set
is 5 euro or 1%. Which of the following is true.

If the customer pays an invoice of 2000 euros deducting a cash discount of 10 euro, it
would be a error entry.

TG 1234 can also be assigned to CC 2000

The tolerance limit for CC 2000 will also be 5 Euro

User ID ABCD cannot be assigned to also Tolerance group 5678

Solution manager is content oriented.

Activation of NEW GL is done at which level

CC
Country
Business area
Client

Controlling area
Is to do with Management accounting
It is for internal purpose only
Can be used for both internal as well as external purpose.
Can be used for multiple company codes.

Posting a gauranee is a automatic offsetting entry

When you view the customer balance display, what can you view with out drilling down.
Postings such as debit credit as per different periods
Down payment received
Open and cleared items
Document type

When the manager takes the car with him to another company code forming a part of the
same company, state whether the following is true.

The asset is posted as inter company transfer as retirement is one company and acquision
in another company with a revenue of zero.

17) What are all the segments in a Customer/Vendor master record?

Ans: Segments in Customer           Segments in Vendor
-      General Data segment            General data segment
-      Company code segment         Company code segment
-      Sales area segment                 Purchasing organization Segment

Consider the following sentences:

8.1. A fiscal year has to be defined by means of separating business transactions into
different periods.
8.2. Special periods are used for postings, which are related to the process of the year-end
closing. In total, 16 special periods can be used.
8.3. The Fiscal Year variant only defines the amount of periods and their start and finish
dates.
8.4. The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.

17. True or false?

17.1. Every company code that needs to use an account from the assigned chart of
accounts has to create its own company code segment.
a) [  ] True  b) [  ] False

17.2. For P+L statement accounts, the balance is carried forward to the same account.
a) [  ] True  b) [  ] False
17.3. In the chart of accounts segment, it is necessary to indicate whether the account will
be a balance sheet or a profit+loss statement account.
a) [  ] True  b) [  ] False

17.4. Number intervals for G/L account master records can overlap.
a) [  ] True  b) [  ] False

17.5. It is not possible to influence the appearance of an account’s master data.

a) [  ] True  b) [  ] False

Consider the following sentences:

20.1. Reconciliation accounts are general ledger accounts assigned to the business partner
master records to record all transactions in the sub-ledger.
20.2. For accounts without line item display, the most important data from the posted line
items is stored in a special index table.
20.3. The account currency must be in the local currency.
20.4. Items in accounts with open item management means the G/L accounts should have
a offsetting posting for a given business transaction.

2. Consider the following statements:

2.1. Accounts with open item management must have line item display activated.
2.2. You can activate or deactivate open item management everytime, even if the account
hasnÂ’t a zero balance.
2.3. You can select both local and foreign currencies as account currency.
2.4. If the account is the local currency, the account can only be posted to this currency.
2.5. When using the “Only Balances in Local Currency” indicator in the master data
record, transaction figures are only managed for amounts translated into local currency.

True or false?

3.1. The “Only Balances in Local Currency” indicator must not be set in reconciliation
accounts for customers or vendors.
 a) [  ] True.  b) [  ] False.

3.2. The “Only Balances in Local Currency” indicator is usually set in balance sheet
accounts that are not managed in foreign currencies and not managed on an open item
basis.
 a) [  ] True.  b) [  ] False.

3.3. Accounts with a foreign currency as an account currency can be posted to any
currency.
 a) [  ] True.  b) [  ] False.
3.4. You can use a group chart of accounts for internal purposes.
 a) [  ] True.  b) [  ] False.

3.5. The usage of a financial statement version for the group chart of accounts is optional.

 a) [  ] True.  b) [  ] False.

What characteristics are configured as standard for every customer/vendor account (Note:
we can have more than one correct sentence. Please select the sentences you think they
are correct)?

 a) [  ] Line Item Display.

 b) [  ] Company Code.
 c) [  ] Currency.
 d) [  ] Open Item Management.
 e) [  ] Purchasing Organization.

Consider the following statements:

10.1. Number ranges for customer/vendor accounts can overlap.

10.2. An one-time account is a special customer/vendor master record which a company
rarely do business.
10.3. The account group is used to control the fields displayed in the master record.
10.4. If you enter an alternative payer, the amount to clear the open items due in the
account is paid by the alternative payer.
10.5. One number range can only be assigned to one account group.

Which of the above statements are true

What fields of a FI Document Header section can be changed after a document has
already been posted (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)?

a) [  ] Fiscal Year.
b) [  ] Reference Number.
c) [  ] Text fields.
d) [  ] Header text.
e) [  ] Posting date.

About the change control, what conditions below are applicable (Note: we can have more
than one correct sentence. Please select the sentences you think they are correct)?

16.1. The posting period is already closed.

16.2. The line item is not yet cleared.
16.3. The document is a credit memo for an invoice.
16.4. The document is not a credit memo from a down payment.
16.5. The line item is either a debit in a customer account or a credit in a vendor account

What is the purpose of the terms of payment (Please choose the correct sentence)?

a) [  ] Calculate a cash discount and invoice due date.

b) [  ] Calculate the tax amounts.
c) [  ] Enable the cross-company code transactions.
d) [  ] Define the baseline date.
e) [  ] Calculate only the required conditions for SD invoices

20. True or false?

20.1. SAP supports tax on sales and purchases, US sales tax, additional taxes and
withholding tax as tax systems for different countries.
a) [  ] True.  b) [  ] False.
20.2. Only national level of taxation is allowed in the R/3 system.
a) [  ] True.  b) [  ] False.
20.3. A tax calculation procedure is assigned to every company code for carrying out tax
calculations.
a) [  ] True.  b) [  ] False.
20.4.A jurisdiction code is a combination of the codes of tax authorities that tax
movements of goods and use their own tax rates.
a) [  ] True.  b) [  ] False.
20.5. If you desire to post manual tax postings, you have to flag the “Post Automatically
Only” field of the account master record.
a) [  ] True.  b) [  ] False.