QUIZ 1

1. The following are defined at client level

Posting key
Document types
Currency exchange rate
All of the above
2. You can assign a business area to a company code directly
Answer: False
Business area are not directly assigned to company codes. This makes it possible to evaluate
transaction figures for each business area beyond the boundaries of the company code too.
Page 19, Task 4
3. Where are posting periods defined?
Answer: The FISCAL YEAR VARIANT contains the definition of posting periods and special
periods.
Page 32, Under Figure 11
4. The field status enable you to control the display and maintenance of an accounts master data.
TRUE OR FALSE
Answer: The field status enables you to control the display and maintenance of an accounts
master data.
Page 65, Under Figure 32
5. Which chart of accounts is always required?
Answers:
Country chart of accounts
Operating chart of accounts
Alternate chart of accounts
Group chart of accounts
6. Reconciliation accounts contain the total of the transaction figures for the corresponding sub
ledger accounts.
TRUE OR FALSE
Answer: TRUE
Page 86, Task 1, Question 7
7. The sample of chart of accounts provided by SAP cannot be adapted to meet your own
requirements.
TRUE OR FALSE
Answer: FALSE
8. A client:
Answer
May only use one currency type
May only contain a single chart of accounts
May only have on controlling area
May contain multiple chart of accounts
9. Field status group control which of the following:
Answer
The G/L account group

10.

11.

12.

13.
14.

The number ranges

The field for data entry screens
The account type
Page 141; or 157, Task 6
Document ranges must not overlap
TRUE or FALSE
Page 148, Task 4, Question 4
Several number ranges can be assigned to a document type simultaneously
TRUE or FALSE
Page 148, Task 5
Define the concept "account assignment variant" in check deposit. (One or more could be
correct).
You cannot change variants during entry
The account assignment variants determines which fields are displayed during entry.
You can define the variants as you want in customizing
For some fields (document number, invoice amount), you can enter as many values as required.
The mySAP ERP system generates the exchange rate differences automatically
TRUE OR FALSE
Which structure provides an environment for analyzing market profitability even allowing for
customer defined segments?
Busines Area
Controlling Area
Company Code
Operating concern

15. Reconciliation accounts are updated on a daily basis

TRUE OR FALSE
PAGE 86
16. Vendors reconciliation account is assigned at the master data in ___________ level:
Purchasing organization
Company code
General Data
Sales organization
PAGE 100 and 102

17. Name 2 elements that influence the field status of document fields:
Posting key
Account groups
Account keys
Field status group

Answer: Page 156, Task 2

18. Every company code may define its own document number ranges.
TRUE OR FALSE
Answer: PAGE 147, TASK 4, QUESTION 1
Since document types are defined at client level, they are valid for all company codes.
19. Opening a fiscal accounting periods is done in:
Account groups
Posting period variants
Authorization groups
Fiscal period variants
20. Customer / Vendor accounts have two segments:
Account group and company code segments
Purchasing area and sales area segment
Client and company code segment
All of the above
PAGE 101 and 102