ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING

FI PAPER: 7

1. What are the three elements (servers) of R/3 system?

2. All the data and programs are stored in_____________ server in R/3
3. What is long form of BAPI?
4. BAPI is assigned to one and only one business object. TRUE/FALSE
5. What are the five milestones in ASAP methodology?
6. What are the new dimension products of SAP in cooperative business
scenario?
7. What are the two major elements of mySAP.com?
8. To delete the current session, _______________ command is used
9. You can find transaction code for the function you are working in under
________ option of __________ menu
10. ________ key is used for help on fields, menus, functions, messages
11. User specific settings are done in ____________ option of ___________ menu
12. Highest level element of all organizational units is the _________
13. _______________ area is business unit where cost accounting is carried out in
SAP
14. Business areas are company code dependent. TRUE/FALSE
15. Company code is ____ character __________
16. One chart of account cannot be assigned to more than one company code.
TRUE/FALSE
17. Fiscal year variant can be of two types. Name them
18. In case of non-calendar fiscal year, annual displacement indicator is used.
TRUE/FALSE
19. ___________ & ________ are two segments of a chart of account
20. In case of G/L account, number ranges are attached to G/L account.
TRUE/FALSE
21. _________ chart of accounts is used for consolidation
22. Vendor account is defined at _________ level
23. More than one plants can be attached to a single company code. TRUE/FALSE
24. Purchasing is done by ____________ organization for a ___________
25. What are the three steps for standard procedure for posting procurement
transactions in FI?
26. _____________ is central organizational structure in profitability analysis
27. One company code may contain several sales organizations. TRUE/FALSE
28. Receivables and revenues are posted when ___________ document is created in
sales and distribution module
29. ____________ is the main criteria for defining an asset
30. ____________ are used to keep more than one valuation basis for depreciation
31. More than one cash journal can have the same cash account TRUE/FALSE
32. ______________________ are two elements of an SAP FI document
33. Document number range can be ____________ and __________
34. In case of ___________ number range, same document number will be taken for
new fiscal year
35. One number range can be assigned to several document types. TRUE/FALSE
36. One document type can have more than one number range. TRUE/FALSE
37. Posting keys are defined at __________level
38. A field status within an FI document is controlled by three factors. Name them.
39. Several company codes can use the same posting period variant. TRUE/FALSE
40. ___________ is the date from which the due date is derived
41. If customer invoice is created in SD, then payment terms from __________
segment will be defaulted
42. ____________ posting is one of the methods of document reversal
43. While posting a parked document, document number is changed. TRUE/FALSE

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 ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING

FI PAPER: 7

44. Validations are performed before substitution. TRUE/FALSE

45. You can close a fiscal year even if you have parked documents. TRUE/FALSE
46. All R/3 applications and functions process exchange rates using ______ and
_______ quotation
47. _____________ keys contain further specifications for account assignment in tax
calculation procedure
48. Base amount is either _____ or ________ item
49. Tax code contains the ________
50. Reconciliation account type for vendor is ____ and customer is ____
51. If an account is managed with open items, then ___________ must be activated
52. In consolidation, company codes are attached to __________ and business
areas are attached to ______________

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 ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING

FI PAPER: 7

KEY

1. PRESENTATION SERVER, APPLICATION SERVER, DATABASE SERVER

2. DATABASE
3. BUSINESS APPLICATION PROGRAMMING INTERFACE
4. FALSE
5. PROJECT PREPARATION, BUSINESS BLUEPRINT, REALISATION, FINAL
PREPARATION, GOLIVE AND SUPPORT, CONTINUOUS DEVELOPMENT
6. BW, CRM, APO, B2B, SCM, KW
7. MARKET PLACE, WORK PLACE
8. /n
9. SYSTEM
10. f1
11. USER PROFILE SYSTEM
12. CLIENT
13. CONTROLLING AREA
14. FALSE
15. 4, ALPHANUMERIC
16. FALSE
17. YEAR DEPENDENT, YEAR INDEPENDENT
18. TRUE
19. COMPANY CODE, COA
20. FALSE
21. GROUP
22. CLIENT
23. TRUE
24. PURCHASING ORGANIZATION, PLANT
25. PURCHASE ORDER, GOODS RECEIPT, INVOICE VERIFICATION
26. OPERATING CONCERN
27. TRUE
28. BILLING
29. ASSET CLASS
30. DEPRECIATION AREAS
31. TRUE
32. DOCUMENT HEADER AND DOCUMENT LINE ITEMS
33. INTERNAL, EXTERNAL
34. YEAR DEPENDENT
35. TRUE
36. FALSE
37. CLIENT
38. ACCOUNT GROUP, POSTING KEY, G/L ACCOUNT LEVEL
39. TRUE
40. BASELINE
41. SALES AREA
42. NEGATIVE
43. FALSE
44. TRUE
45. FALSE
46. DIRECT, INDIRECT
47. ACCOUNT/PROCESS
48. EXPENSE, REVENUE
49. TAX RATE
50. K, D

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 ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING

FI PAPER: 7

51. LINE ITEM DISPLAY

52. COMPANY, CONSLIDATION BUSINESS AREA