Question:

to which organizational unit can you assign your validation and substitution?

Please choose the correct answer.

Response:

business area

segment

profit center

company code

What does the fiscal year variant control?

There are 2 correct answers to this question.

Response:

The number of special periods available in addition to the normal periods

The number of periods (up to 16 posting periods including special periods)

The number of periods (up to 52 posting periods and special periods)

The open periods (a period interval for closing and another for day-to-day business)

Consider the following sentences, which of them are true?

1) A fiscal year has to be defined by means of separating business transactions into different periods.
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.
3) The Fiscal Year variant only defines the amount of periods and their start and finish dates.
4) The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.

Please choose the correct answer.

Response:

1 and 2

3 and 4

1 and 3

2 and 3

2 and 4

You configured new Asset Accounting with three depreciation areas that post in real time. You need
to post a partial scrapping to an asset in the leading ledger. How many documents does the
transaction create?

Please choose the correct answer.

Note: Answers of this question are not verified by our experts, please study yourself and select the
appropriate answers.

Contribute: Please send the correct answers with reference text/link on feedback@sapexam.com to
get 50% cashback.

Response:

6
At which level is the vendor account number (master record) assigned?
Please choose the correct answer.

Response:

At a combination of client and purchasing organization segment level

At the client level

At a combination of client and company code segment level

At the company code segment level

What options do you have for posting an asset acquisition?

There are 3 correct answers to this question.

Response:

Asset acquisition integrated with accounts payable

Asset acquisition posted via the payment program

Asset acquisition posted from Materials Management

Asset acquisition posted via the accrual engine

Asset acquisition using a clearing account

what do you need to maintain in the financial statement versions in order to generate a financial
statement?

There are 2 correct answers to this question.

Response:

the text describing the items

 the assignment to company codes

the profit centers relevant to the report

the assignment of the individual accounts.

Question:

you use the accounts approach for parallel valuation in a new G/L system. If you used the ledger
approach instead, which objects would be different?

There are 3 correct answers to this question

Note: Answers of this question are not verified by our experts, please study yourself and select the
appropriate answers.

Contribute: Please send the correct answers with reference text/link on feedback@sapexam.com to
get 50% cashback.

Response:

Asset Classes

Leading Ledger

Chart of Accounts

Financial Statement Version

Depreciation Areas

Question:

You need to assign more than one company code to one controlling area. Under what kind of a
business scenario would you need to consider such a decision?
There are 2 correct answers to this question.

Response:

Representation of intercompany processes, whereby producing and delivering plant are the
same

Multilevel Product Cost Management across company codes

Cross-company code transactions that MUST be processed in a controlling area

Question:

Your customers do not pay open invoices. How can you accomplish an automatic flat-rate individual
value adjustment?

There are 2 correct answers to this question.

Response:

Enter a value adjustment key in the customer master.

Make a statistical flat-rate value adjustment posting for each period manually.

Make an individual value adjustment based on special G/L transaction.

Create and dispatch a valuation run for each period during closing operations.

Question:

When dealing with Financial Statement Versions (FSVs), how do you ensure that the requirements of
the various target groups (for example auditors, tax authorities, and banks) are satisfied ?
There are 2 correct answers to this question.

Response:

Create different FSVs based on the needs of the target group.

 Create different versions of the same FSV.

Create one FSV and enhance it with different sets of notes.

Create one FSV, then save different variants based on the needs of the various groups.

form-ZJmgSMx3u 5a7fd02ca5ced4 quiz_report_form

Which of the following statements are true?

There are 3 correct answers to this question.

Response:

Every company code that needs to use an account from the assigned chart of accounts has to
create its own company code segment.

Number intervals for G/L account master records can overlap.

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

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.

For P+L statement accounts, the balance is carried forward to the same account.

Question:

You want to capitalize an Asset under Construction (AuC) using the line item settlement process.
However, the settlement does not work. What could be the reason?

There are 3 correct answers to this question.

Response:

There is no settlement profile assigned to the company code.

The AuC has not been released.

 The Depreciation Engine is not active.

The settlement profile does not allow assets as valid receivers.

The status of the AuC is set to Summary Management.

You are testing the payment program. The payment run has been executed. When you look at the
program log you notice that the payment method check shows that part of the address is missing
from the vendor master.

In Customizing for payment programs, where can you see which data is mandatory ?
Please choose the correct answer.

Response:

Bank account determination

Country data for the payment methods

Company code data for the payment methods

Paying company codes for payment transactions

Question:

A customer payment was received. An open item does NOT exist for the payment. What option is
available to the user?

Please choose the correct answer.

Response:

payment run

residual item

payment on account

partial payment
1) Fields which _must have an entry____________can be made__Required__________.
2) Fields that can be entered, but are not required, can be set to _Opital________entry

Which of the options below matches the blank spaces of those sentences?
Please choose the correct answer.

Response:

1) must have an entry / optional, 2) optional

1) must have an entry / suppressed, 2) suppressed

1) must have an entry / required, 2) optional

1) must not have an entry / required, 2) optional

1) must not have an entry / optional, 2) suppressed

Question:

Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the
Closing Cockpit do you highlight?

There are 2 correct answers to this question.

Response:

It closes the posting period automatically on the last day of the period.

It optimizes legacy data transfer.

It enables the use of a task list covering all closing activities.

It provides complete documentation of the activities performed during period-end closing.

Question:

A multinational enterprise acquires a company in a country which has local reporting requirements.
The multinational enterprise wants to use one operational chart of account for all companies.
How can you fulfill this country-specific requirement ?
Please choose the correct answer.

Response:

Create a country-specific chart of accounts and assign it to the group chart of accounts.

Create a country-specific chart of accounts and assign it to the regular chart of accounts.

Create a country-specific chart of accounts and assign it to the company code.

Create a group chart of accounts and assign it to the company code.

Question:

Which functions can be used to generate inter-company posting documents?

There are 2 correct answers to this question.

Response:

Central cash journal

Central procurement

Central payment

Central currency valuation

Question:

Consider the following sentences, which of them is false?

1) The variant principle is a three-step method used in R/3 to assign special properties to one or
more R/3 objects.
2) One of the disadvantages to use variants is that it can't deal with the maintenance of properties,
which are common among several business objects.
3) For using the variant principle, you must define the variant, populate it with values and assign it to
the R/3 objects.
4) This principle is used for Fiscal Years, Posting Periods and so on.
Please choose the correct answer.

Response:

1 and 3

1 and 2

Question:

Which factors determine the fiscal year variant you would assign to a company code?
There are 2 correct answers to this question.

Response:

The need to control which periods are open for posting for specific user groups

The existence of a shortened fiscal year

The use of a specific fiscal year variant by other company codes on the client

The need to control which periods are open for posting for the company code

The fiscal year start and end period of the company

Question:

Your customers do not pay open invoices. How can you accomplish an automatic flat-rate individual
value adjustment?

There are 2 correct answers to this question.

Response:

Enter a value adjustment key in the customer master.

Make an individual value adjustment based on special G/L transaction.

Create and dispatch a valuation run for each period during closing operations.

Make a statistical flat-rate value adjustment posting for each period manually.

Question:

which information do you maintain for house banks?

There are 3 correct answers to this question

Response:

customer and vendor accounts

bank accounts for each house bank

information for electronic bank statements

information for electronic payments transactions

general ledger accounts

Which characteristics of account determination can be used to assign realized exchange rate
differences to different G/L accounts ?

There are 3 correct answers to this question.

Response:
 Reconciliation account

Valuation method

Currency

Valuation key

Chart of accounts

Question:

Which account assignment objects can be maintained directly in the asset master data in SAP ERP
6.0 EhP5 (Enhancement Package 5) with new G/L activated ?

There are 2 correct answers to this question.

Response:

Profit center

Segment

Asset network

Depreciation center

Question:

what functions within Asset Accounting allow mass processing?

There are 2 correct answers to this question

Response:

mass asset acquisitions

 mass deletion of active assets with net book value zero

mass asset changes

mass asset retirements

Question:

What do you define in Customizing for the payment program?

There are 2 correct answers to this question

Response:

assignments for the profit center

available amounts

bank subaccounts

forms for the payment media

prerequisites for the debit balance check

Question:

Consider the following sentences, which of them are true?

1) A fiscal year has to be defined by means of separating business transactions into different periods.
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.
3) The Fiscal Year variant only defines the amount of periods and their start and finish dates.
4) The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.

Please choose the correct answer.

Response:

2 and 4
 3 and 4

2 and 3

1 and 3

Question:

Whitin the line items of FI documents, what does the posting key control?

There are 3 correct answers to this question.

Response:

the field status of additional details

whether the item is posted with reference to primary or secondary cost elements

the account group to which the line item can be posted

the account type to which the line item can be posted

whether the item is posted as a debit or credit

Your customers do not pay open invoices. How can you accomplish an automatic flat-rate individual
value adjustment?

There are 2 correct answers to this question.

Response:

Create and dispatch a valuation run for each period during closing operations.

Enter a value adjustment key in the customer master.

 Make an individual value adjustment based on special G/L transaction.

Make a statistical flat-rate value adjustment posting for each period manually.

Question:

Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the
Closing Cockpit do you highlight?

There are 2 correct answers to this question.

Response:

It provides complete documentation of the activities performed during period-end closing.

It optimizes legacy data transfer.

It enables the use of a task list covering all closing activities.

It closes the posting period automatically on the last day of the period.

your compant code uses USD as the company currency. You are trying to post to an account in EUR
but get an error message that you cannot post to this account.

What is the reason?

Please choose the correct answer.

Response:

the Only Balances in Local Currency indicator is set in the account

the account determination for exchange rate differences is missing for the account

the currency maintained in the account master record is USD

 the translation rate between EUR and USD is NOT maintained

A customer requires a balance sheet per segment but does not require a balance sheet per profit
center. You discuss the features of segments and profit centers with him.

Which features can you highlight?

There are 3 correct answers to this question.

Response:

You can assign the segment to the asset master record.

Segments are derived from profit centers in the standard system.

You can assign a segment to a cost accounting object such as a cost center or internal order.

You can post in FI directly to a segment.

You can assign the segment to the material master.

How does SAP support impairment posting?

Please choose the correct answer.

Response:

By using new transaction codes for retirements

By using Segment Reporting

By using special depreciation keys

By using worklists

Which of the following is a typical sequence of steps in a Purchase to Pay process?

Please choose the correct answer.

Response:
 Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts -> Payment

Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts -> Payment

Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification -> Payment

Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification -> Payment

Question:

How can the short text field of a G/L account be changed?

Please choose the correct answer.

Response:

By making sure that the field status of the chart of accounts

segment allows it

Centrally, in the chart of accounts segment

By making the change at the start of a new fiscal year

Individually, in the company code segment

Question:

Which of the following factors determine field status for vendors?

Please choose the correct answer.

Response:

Account group, transaction, and company code

Transaction, chart of accounts, and company code

Account group, transaction, and chart of accounts

 Account group, chart of accounts, and company code

uestion:

You want to use foreign currency valuation in the ledger solution. Which
objects are required in Customizing?

There are 3 correct answers to this question.

Response:

value adjustment keys

account determinations

valuation areas

accounting principles

reply addresses for balance confirmation

uestion:

Consider the following sentences, which of them is false?

1) The variant principle is a three-step method used in R/3 to assign special properties
to one or more R/3 objects.
2) One of the disadvantages to use variants is that it can't deal with the maintenance of
properties, which are common among several business objects.
3) For using the variant principle, you must define the variant, populate it with values
and assign it to the R/3 objects.
4) This principle is used for Fiscal Years, Posting Periods and so on.

Please choose the correct answer.

Response:
 2

1 and 3

1 and 2

Question:

You want to use the same set of values for a specific criterion in several
reports. What is the easiest way to accomplish this?

Please choose the correct answer.

Response:

Create a selection variable containing the values and use it in all the
reports.

Enter the values, save them as a variant, and use this variant in all
the reports.

Create a D variable containing the values and use it in all the

reports.

Create a set containing the values and use it in all the reports.

Question:
Your customer wants to use the Closing Cockpit for period end closing. What
major benefits of the Closing Cockpit do you highlight?

There are 2 correct answers to this question.

Response:

It optimizes legacy data transfer.

It provides complete documentation of the activities performed

during period-end closing.

It enables the use of a task list covering all closing activities.

It closes the posting period automatically on the last day of the

period.

uestion:

Consider the following statements about currencies concepts, Which of them is

true?

1) The currency code identifies each currency that will be used into R/3 system.
2) You have to define all the world's currency into R/3 system.
3) Exchange rate types distinguishes the exchange rates to be considered for various
purposes, such as valuation, translation, conversion, planning, etc.

Please choose the correct answer.

Response:

All of them

1 and 3

1 and 2
 2

Score 0 of 1
Question:

what is controlled by the terms of payment?

There are 2 correct answers to this question

Response:

account for cash discount received

allowed account type

setting for net procedure

determination of the baseline date

default payment method

estion:

What are the advantages of the Payment Medium Workbench (PMW)?

There are 3 correct answers to this question.

Response:

It provides a uniform set of functions for all kinds of payment

methods.

It can be used to create new payment formats.

It activates the automatic import of settings related to changes in

payment transaction laws.
 It can be used to change payment formats without modifying the
programs.

It automatically creates direct debits.

uestion:

Your company code is set up to post three ledgers representing separate

accounting principles. Each ledger is assigned to the local currency and the
group currency and the group currency. You want to configure new Asset
Accounting.

What is the minimum number of depreciation areas required?

Please choose the correct answer.

Response:

Score 0 of 1
Question:

What do you define in Customizing for the payment program?

There are 2 correct answers to this question

Response:

available amounts
 assignments for the profit center

prerequisites for the debit balance check

forms for the payment media

bank subaccounts

estion:

A customer wants to define a chart of depreciation. How do you recommend

setting up depreciation areas?
Please choose the correct answer.

Response:

Based on the relevant chart of accounts

Based on company codes

Based on the aims of internal or external reporting

Based on relevant currencies

uestion:

Which of the following is a typical process sequence in Product Sale from

Stock?
Please choose the correct answer.

Response:

Purchase requisition -> Delivery/Transport -> Dunning and payment

-> Billing

Incoming order -> Goods receipts/Transport -> Dunning and

 payment -> Billing

Purchase requisition -> Billing -> Transport/Goods receipts ->

Dunning and payment

Incoming order -> Transport/Delivery -> Billing -> Dunning and

payment

uestion:

Consider the following sentences about field status:

1) Fields which are _____________can be ____________.

2) Fields which have an entry that ________________can be set to _________only
(even in change mode)

Which of the options below matches the blank spaces of those sentences?
Please choose the correct answer.

Response:

1) not used/suppressed, 2) must be changed/display

1) not used/suppressed, 2) should not be changed /display

1) not used/optional, 2) should not be changed/suppressed

1) used/suppressed, 2) must be changed/display

1) used/optional, 2) must be changed/display

uestion:

Where in Customizing can you configure that the cost center in the asset-sub
number is identical to the cost center of the main asset?

Please choose the correct answer.

Response:

in the screen layout of the asset master

in the tab layout for the asset master record

in the account determination of the asset class

in the screen layout of the depreciation area

uestion:

Consider the following sentences, which of these are true?

1) Reconciliation accounts are general ledger accounts assigned to the business partner
master records to record all transactions in the sub-ledger

2) For accounts without line item display, the most important data from the posted line
items is stored in a special index table.

3) The account currency must be in the local currency.

4) Items in accounts with open item management means the G/L accounts should have
a offsetting posting for a given business transaction.

Please choose the correct answer.

Response:

2 and 3

1 and 3

1 and 2

1 and 4
 2 and 4

uestion:

What is the purpose of account determination in the accrual engine?

There are 2 correct answers to this question.

Response:

To determine the document type

To determine debit and credit accounts

To determine the correct posting period

To determine the CO object

Question:

Which of the following objects can be used to derivate segments automatically?

Please choose the correct answer.

Response:

Functional area

G/L account

Cost center

Profit center
Question:

Your company uses only book depreciation and you activate the new
depreciation engine. The book depreciation key Z010 curently used by an asset
should be changed to Z020.

The asset depreciation started two years ago, and depreciation for the current
year has already been posted for the months of January, February, and March
(monthly depreciation run).

The change should take effect from April 1st.How can you implement this
change?

There are 2 correct answers to this question.

Response:

Create a new asset referencing the asset you want to change. On

the Depreciation Areas screen, select depreciation key Z020. Then
post an asset transfer from the existing asset to the new asset.

Call the Depreciation Areas screen in the asset master and change
the depreciation key from Z010 to Z020. Also change the ordinary
depreciation start date to April 1st.

Undo the depreciation postings for the asset in the current year.
Then call the Depreciation Areas screen in the asset master and
change the key from Z010 to Z020.

Call the Depreciation Areas screen in the asset master and assign
the key Z020 with validity start date of April 1st.

Question:

what do you need to maintain in the financial statement versions in order to

generate a financial statement?

There are 2 correct answers to this question.

Response:

the assignment to company codes

 the text describing the items

the profit centers relevant to the report

the assignment of the individual accounts.

uestion:

What are the benefits of using the accrual engine?

There are 3 correct answers to this question.

Response:

The accrual engine can correct accruals in the previous month even if
that period is closed.

The accrual engine can simulate planned future accruals.

The accrual engine is client-independent.

The accrual engine supports parallel accounting.

The accrual engine calculates the accrual amounts automatically.

uestion:

Consider the following statements, Which of them are false?

1) You cannot use the country chart of accounts if you desire to use the cross-company
code controlling.
2) The disadvantage of using country chart of accounts is the accounting clerks who may
be familiar with the country chart of accounts first have to get used to using the
operational chart of accounts.
3) Reconciliation accounts are updated on a daily basis.

Please choose the correct answer.

Response:
 None of them

1 and 3

2 and 3

1 and 2

All of them

uestion:

What can we say about ALE (Application Link Enabling)?

There are 3 correct answers to this question.

Response:

The applications are integrated via a central database.

The ALE concept supports the implementation and operation of

distributed SAP applications.

The ALE concept is related to an enterprise structure with areas that

have central tasks and areas with tasks that are decentralized.

Business processes cannot be distributed using ALE.

The applications are integrated via the message exchange.

uestion:

You want to make the line item text field mandatory during document entry.
What customizing objects can you maintain to do this?

There are 2 correct answers to this question

Response:

document type

posting key

account group

fields status group

stion:

Which of the following is a typical sequence of steps in a Purchase to Pay

process?
Please choose the correct answer.

Response:

Purchase requisition -> Goods issue -> Purchase verification ->

Invoice receipts -> Payment

Purchase requisition -> Purchase order -> Goods receipt -> Invoice
verification -> Payment

Purchase order -> Purchase requisition -> Goods receipt -> Invoice
verification -> Payment

Purchase requisition -> Goods verification -> Purchase receipts ->

Invoice receipts -> Payment

estion:
Which of the following factors determine field status for vendors?
Please choose the correct answer.

Response:

Account group, transaction, and chart of accounts

Account group, chart of accounts, and company code

Transaction, chart of accounts, and company code

Account group, transaction, and company code

Question:

Which tools reduce the amount of work involved I the maintenance of exchange
rates?

There are 3 correct answers to this question

Response:

Conversion

base currency

Inversion

average exchange rate

exchange rate spread

uestion:

Which of the following functions are available in SAP Crystal Report Viewer?

There are 2 corrects answers to this question

Response:
 repost formatted data

visualize transactions

visualize posting interface

develop data mash-up

uestion:

Your customer wants to use the Closing Cockpit for period end closing. What
major benefits of the Closing Cockpit do you highlight?

There are 2 correct answers to this question.

Response:

It optimizes legacy data transfer.

It enables the use of a task list covering all closing activities.

It closes the posting period automatically on the last day of the

period.

It provides complete documentation of the activities performed

during period-end closing.

Question:

You have entered a non-invoice-related credit memo and selected the term of
payment "Net due 30 days". The Invoice Reference field is empty (it contains
neither a document number nor a V).

What effect does this have on the term of payment ?

Please choose the correct answer.

Response:
 An error occurs.

The term of payment is valid.

The term of payment is invalid.

The term of payment is copied from the last valid invoice of the
customer.

uestion:

how can you post accruals?

there are 2 correct answers to this question

Response:

use the recurring entry program

post manually at the end of the period, quarter or year

use the document split functionality

regroup the receivables and payables

The chief accounting officer wants the values for a special group of assets to be
shown separately in the general ledger. Which objects do you need to create in
Customizing for Asset Accounting to meet this requirement?

there are 2 correct answers to this question.

Response:

a new depreciation area

 a new account determination key

a new financial statement version

a new asset class

A customer requires a balance sheet per segment but does not require a
balance sheet per profit center. You discuss the features of segments and profit
centers with him.

Which features can you highlight?

There are 3 correct answers to this question.

Response:

You can assign a segment to a cost accounting object such as a cost

center or internal order.

You can post in FI directly to a segment.

You can assign the segment to the asset master record.

Segments are derived from profit centers in the standard system.

You can assign the segment to the material master.

uestion:

You set up a new account group. Which Customizing settings for vendors can
you control directly in this account group?

There are 2 correct answers to this question.

 Response:

The One-Time Account checkbox

The fields that are available during posting to vendor accounts

The company codes that can be used for the account group

The sensitive fields for dual control

The number range of master data accounts

uestion:

What do you define in Customizing for the payment program?

There are 2 correct answers to this question

Response:

assignments for the profit center

available amounts

forms for the payment media

prerequisites for the debit balance check

bank subaccounts

consider the following sentences, which of these are true?

1) Reconciliation accounts are general ledger accounts assigned to the business partner
master records to record all transactions in the sub-ledger
2) For accounts without line item display, the most important data from the posted line
items is stored in a special index table.

3) The account currency must be in the local currency.

4) Items in accounts with open item management means the G/L accounts should have
a offsetting posting for a given business transaction.

Please choose the correct answer.

Response:

2 and 4

1 and 2

1 and 4

1 and 3

2 and 3

Question:

what do you need to configure in order to create a correspondence type?

There are 2 correct answers to this question

Response:

Form

tolerance group

Variables

print program

A customer wants to define a chart of depreciation. How do you recommend

setting up depreciation areas?
Please choose the correct answer.
 Response:

Based on the relevant chart of accounts

Based on relevant currencies

Based on the aims of internal or external reporting

Based on company codes

estion:

How can the short text field of a G/L account be changed?

Please choose the correct answer.

Response:

By making the change at the start of a new fiscal year

Centrally, in the chart of accounts segment

Individually, in the company code segment

By making sure that the field status of the chart of accounts

segment allows it

You want to update the Search Term2 field in your customer master data, but
the field does not appear in the maintenance transaction.

Which field status definitions do you have to check and, if necessary, change in
Customizing?

There are 2 correct answers to this question.

Response:

Field status definitions of account groups

 Field status definitions of activities

Field status definitions of company codes

Field status definition of the assigned reconciliation account

estion:

What do you define when you set up a depreciation area?

Please choose the correct answer.

Response:

The posting to the general ledger

The account determination

The company code in Asset Accounting

The asset number ranges

uestion:

what can you edit in the payment proposal?

There are 3 corrects answers to this question

Response:

payable amount for a down payment

payment data in customer or vendor master record

payment block for an open item

cash discount for each line item

assignment to another house bank

uestion:

Which Customizing settings can you make for payment terms?

There are 3 correct answers to this question.

Response:

Determine a default payment method for the line item

Determine a default currency code for the header of the accounting

document

Determine that invoices are locked for dunning

Determine that invoices are locked for payment

Determine whether a payment term is valid only for the vendor, only
for the customer, or for both customer and vendor

uestion:

What is the segment that makes complete both customer and vendor accounts?
Please choose the correct answer.

Response:

Client.

Controlling Area.

Company Code.

Sales Area.

Purchasing Organization.
Question:

Which of the following special G/L transactions are noted items?

There are 2 correct answers to this question.

Response:

down payment request

down payment

guarantee of payment

bill of exchange payment request

factors determine the fiscal year variant you would assign to a company code?
There are 2 correct answers to this question.

Response:

The need to control which periods are open for posting for the
company code

The existence of a shortened fiscal year

The need to control which periods are open for posting for specific
user groups

The fiscal year start and end period of the company

The use of a specific fiscal year variant by other company codes on

the client
estion:

What are the requirements for the technical clearing account in new Asset
Accounting?

there are 2 correct answers to this question

Response:

the account must be line item managed

The account must be a profit and loss account

the account must be a balance sheet account

the account must be flagged for ‘’posting without tax allowed’’

Score 0 of 1
Question:

You are testing the payment program. The payment run has been executed.
When you look at the program log you notice that the payment method check
shows that part of the address is missing from the vendor master.

In Customizing for payment programs, where can you see which data is
mandatory ?
Please choose the correct answer.

Response:

Paying company codes for payment transactions

Country data for the payment methods

Company code data for the payment methods

Bank account determination

uestion:

what is controlled by the terms of payment?

There are 2 correct answers to this question

Response:

account for cash discount received

determination of the baseline date

setting for net procedure

allowed account type

default payment method

Question:

Which of the following activities generates an FI document if real-time

integration between CO and FI has been set up?

There are 2 correct answers to this question.

Response:

A distribution between cost centers that reside in two different

controlling areas

An assessment between cost centers in one company code with

different functional areas

An assessment between cost centers that belong to two different

company codes

A subsequent change of a segment in a CO document

A test run for the settlement run of an asset under construction to a

G/L account
Question:

You are testing the payment program. The payment run has been executed.
When you look at the program log you notice that the payment method check
shows that part of the address is missing from the vendor master.

In Customizing for payment programs, where can you see which data is
mandatory ?
Please choose the correct answer.

Response:

Bank account determination

Paying company codes for payment transactions

Company code data for the payment methods

Country data for the payment methods

Question:

which elements do you define when you create a new document type?

There are 2 correct answers to this question

Response:

account types allowed for posting

posting keys for the document type

reasons for reversal

number range for the document type

on:

Which two data sections are part of every asset?

There are 2 correct answers to this question.

 Response:

Valuation area data section

Depreciation data section

Account determination data section

Master data section

Question:

Where in Customizing can you configure that the cost center in the asset-sub
number is identical to the cost center of the main asset?

Please choose the correct answer.

Response:

in the screen layout of the asset master

in the account determination of the asset class

in the screen layout of the depreciation area

in the tab layout for the asset master record

uestion:

Which of the following lists can be printed to help you edit a dunning proposal?
There are 2 correct answers to this question.

Response:

Blocked line items

Blocked accounts

Condensed master data

 Sales statistics

Question:

In which life cycle scenarios is the SAP Solution Manager used?

There are 3 correct answers to this question.

Response:

Optimization

Scoping

Operations

Implementation

Retirement

Question:

how can you post accruals?

there are 2 correct answers to this question

Response:

post manually at the end of the period, quarter or year

regroup the receivables and payables

use the recurring entry program

use the document split functionality

Score 0 of 1
Question:

what is controlled by the terms of payment?

There are 2 correct answers to this question

Response:

setting for net procedure

default payment method

account for cash discount received

allowed account type

determination of the baseline date

Question:

At which level is the vendor account number (master record) assigned?

Please choose the correct answer.

Response:

At the company code segment level

At a combination of client and company code segment level

At a combination of client and purchasing organization segment level

At the client level

Question:

Which tools reduce the amount of work involved I the maintenance of exchange
rates?

There are 3 correct answers to this question

Response:
 Conversion

exchange rate spread

Inversion

base currency

average exchange rate

Question:

The chief accounting officer wants the values for a special group of assets to be
shown separately in the general ledger. Which objects do you need to create in
Customizing for Asset Accounting to meet this requirement?

there are 2 correct answers to this question.

Response:

a new depreciation area

a new financial statement version

a new asset class

a new account determination key

Question:

The controlling department wants to see depreciation amounts on internal

orders. Which customizing settings do you need to make in Asset Accounting?

there are 3 corrects answers to this question

Note: Answers of this question are not verified by our experts, please study yourself and
select the appropriate answers.
Contribute: Please send the correct answers with reference text/link on
feedback@sapexam.com to get 50% cashback.
Response:
 assign the field internal order to account determination

set the field internal order to required or optional in the screen

layout

enhance relevant transfer variants by adding the field internal order

Make the internal order an account assignment object for the

depreciation run

make the internal order an active assignment object

Your customer wants to use the Closing Cockpit for period end closing. What
major benefits of the Closing Cockpit do you highlight?

There are 2 correct answers to this question.

Response:

It enables the use of a task list covering all closing activities.

It closes the posting period automatically on the last day of the

period.

It provides complete documentation of the activities performed

during period-end closing.

It optimizes legacy data transfer.

uestion:

when capturing an incoming payment manually, which date is part of the bank
data section of the document?

Please choose the correct answer.

Response:

currency transaction date

 document date

value date

posting date

Question:

When dealing with Financial Statement Versions (FSVs), how do you ensure
that the requirements of the various target groups (for example auditors, tax
authorities, and banks) are satisfied ?
There are 2 correct answers to this question.

Response:

Create different versions of the same FSV.

Create one FSV, then save different variants based on the needs of
the various groups.

Create one FSV and enhance it with different sets of notes.

Create different FSVs based on the needs of the target group.

uestion:

Consider the following sentences about the direct quotation, what is the correct
option?

1) It is also known as price notation.

2) The currency value is expressed in units of the foreign currency per unit of local
currency
3) For direct quotation, the prefix to indicate the rate is "/".

Please choose the correct answer.

Response:

All of them.
 1

None of them.

Score 0 of 1
Question:

In the New General Ledger Accounting, how would you incorporate companies
with different fiscal years if you wanted to assign them to the same controlling
area?
Please choose the correct answer.

Response:

Create company codes with the same fiscal year variant and assign
the company codes that have a different fiscal year to non-leading
ledgers with the appropriate fiscal year variant.

Use the same fiscal year variant for all company codes and set up
parallel accounting for company codes that have different fiscal
years.

Create company codes with different fiscal year variants and assign
them to the same group company for reporting purposes.

Use the same fiscal year variant for all company codes and do a
reversible close for the company codes that have different fiscal
years.

Which of the following activities generates an FI document if real-time

integration between CO and FI has been set up?

There are 2 correct answers to this question.

Response:

A subsequent change of a segment in a CO document

 A distribution between cost centers that reside in two different
controlling areas

A test run for the settlement run of an asset under construction to a

G/L account

An assessment between cost centers in one company code with

different functional areas

An assessment between cost centers that belong to two different

company codes

Score 0 of 1
Question:

On which level are asset classes created?

Please choose the correct answer.

Response:

Client

Ledger

company code

chart of depreciation

uestion:

What options do you have for posting an asset acquisition?

There are 3 correct answers to this question.

Response:

Asset acquisition using a clearing account

Asset acquisition integrated with accounts payable

 Asset acquisition posted via the accrual engine

Asset acquisition posted from Materials Management

Asset acquisition posted via the payment program

Question:

what is controlled by the terms of payment?

There are 2 correct answers to this question

Response:

account for cash discount received

default payment method

setting for net procedure

determination of the baseline date

allowed account type

Question:

In an asset main number in Asset Accounting, which information can be

different between international GAAP and local GAAP?

There are 2 correct answers to this question.

Response:

Deprecation start date

Asset capitalization date

Asset class
 Net book value

Question:

Which objects can be assigned to an asset master record?

There are 3 correct answers to this question

Response:

Profitability segment

Internal order

Profit center

WBS element

Cost center

Score 0 of 1
Question:

Which information is updated on the invoice when posting a complete

payment?

There are 2 correct answers to this question.

Response:

Clearing currency

Clearing account

Clearing date
 Clearing document number

uestion:

What happens when you post an outgoing partial payment?

There are 2 correct answers to this question.

Response:

a new open item is created with reference to the invoice

the invoice remains open

a payment block is set on the invoice

the invoice is cleared

uestion:

A vendor is also a customer. The payment program has to clear the open items.
Which setting has to be maintained in both master data records?

Please choose the correct answer

Response:

The alternative payer and payee

The same bank details

The account link

The same payment method

Question:

The chief accounting officer wants the values for a special group of assets to be
shown separately in the general ledger. Which objects do you need to create in
Customizing for Asset Accounting to meet this requirement?
there are 2 correct answers to this question.

Response:

a new account determination key

a new depreciation area

a new financial statement version

a new asset class

Question:

You want to make the line item text field mandatory during document entry.
What customizing objects can you maintain to do this?

There are 2 correct answers to this question

Response:

document type

posting key

account group

fields status group

uestion:

Which object can be used to derive the profit center automatically during
posting?

Please choose the correct answer

Response:

cost center
 Segment

company code

business area

uestion:

What do you define in Customizing for the payment program?

There are 2 correct answers to this question

Response:

prerequisites for the debit balance check

forms for the payment media

assignments for the profit center

bank subaccounts

available amounts

estion:

On which level are asset classes created?

Please choose the correct answer.

Response:

company code

chart of depreciation

Ledger
 Client

Question:

Which objects can be assigned to an asset master record with New General
Ledger Accounting?
There are 3 correct answers to this question.

Response:

Segment

Profitability segment

Account determination

Internal order

Profit center

Question:

A customer wants to use document splitting to enable balance sheets by

segments. How do you set up the document split?
There are 2 correct answers to this question.

Response:

Assign the splitting method to the transaction variant.

Define a non-leading ledger for the split documents.

Define splitting rules.

Assign all document types to business transactions and business

transaction variants.
Question:

which of the following can be defined as key figures?

There are 3 correct answers to this question

Response:

plan and actual indicator

branch sales

regional purchases

year and period

plan and actual variance

Question:

You want to use foreign currency valuation in the ledger solution. Which
objects are required in Customizing?

There are 3 correct answers to this question.

Response:

accounting principles

account determinations

reply addresses for balance confirmation

valuation areas

value adjustment keys

Question:
You configured new Asset Accounting for your company code with three
depreciation areas that post in real time. When posting an external acquisition,
how many documents are created?

Please choose the correct answer

Response:

Which entries can you define when maintaining a G/ L account?

There are 3 correct answers to this question.

Response:

Account group

Field status group

Profit center

Ledger assignment

Open item management

uestion:

Consider the following sentences about the direct quotation, what is the correct
option?

1) It is also known as price notation.

2) The currency value is expressed in units of the foreign currency per unit of local
currency
3) For direct quotation, the prefix to indicate the rate is "/".

Please choose the correct answer.

Response:

None of them.

All of them.

uestion:

Which of the following objects can be used to derivate segments automatically?

Please choose the correct answer.

Response:

G/L account

Cost center

Profit center

Functional area

uestion:

What happens when the debit balance check runs and a vendor is selected?

Please choose the correct answer.

Response:
 credits are paid and debits are blocked

the payment run stops and needs to be restarted

the user is asked to change the parameters

the vendor is blocked for this payment run

Score 0 of 1
Question:

Which of the following lists can be printed to help you edit a dunning proposal?
There are 2 correct answers to this question.

Response:

Condensed master data

Blocked accounts

Sales statistics

Blocked line items

Score 0 of 1
Question:

how can you post accruals?

there are 2 correct answers to this question

Response:

use the recurring entry program

regroup the receivables and payables

post manually at the end of the period, quarter or year

 use the document split functionality

Question:

What happens when the debit balance check runs and a vendor is selected?

Please choose the correct answer.

Response:

credits are paid and debits are blocked

the vendor is blocked for this payment run

the payment run stops and needs to be restarted

the user is asked to change the parameters

uestion:

what needs to be maintained in Customizing to allow cross-company code

transactions?

There are 3 correct answers to this question

Response:

clearing accounts

VAT accounts

field movement

posting authorizations

posting keys

Question:
Which of the following objects must you enter when posting an asset
acquisition against a vendor?
There are 3 correct answers to this question.

Response:

Document type

Transaction type

Special G/L transaction

Fixed asset balance sheet account

Asset master record

Question:

Consider the following sentences, which of them are true?

1) A fiscal year has to be defined by means of separating business transactions into

different periods.
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.
3) The Fiscal Year variant only defines the amount of periods and their start and finish
dates.
4) The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.

Please choose the correct answer.

Response:

2 and 3

1 and 2

3 and 4

1 and 3

2 and 4
uestion:

Consider the following sentences about the indirect quotation, what is the
correct option?

1) It is also known as volume notation.

2) The currency value is expressed in the local currency per unit of foreign currency
3) For indirect quotation, there is no prefix to difference between direct quotation.

Please choose the correct answer.

Response:

All of them.

None of them.

Question:

Where can you block an open vendor invoice for payment?

There are 2 correct answers to this question

Response:

in the invoice document during posting

in customizing for sensitive fields

in the company code segment of the vendor master record

in the general segment of the vendor master record

Question:

Which information is updated on the invoice when posting a complete

payment?

There are 2 correct answers to this question.

Response:

Clearing currency

Clearing document number

Clearing account

Clearing date

uestion:

it is common for companies to receive invoices for the previous fiscal year at
the beginning of the new fiscal year. Which dates must have the same fiscal
year in the document entry?

Please choose the correct answer

Response:

document date and posting date

posting date and asset value date

depreciation calculation start date and document date

document date and asset value date

Question:

which new Customizing object requires you to reconfigure the depreciation

areas in new Asset Accounting?

Please choose the correct answer.

 Response:

asset classes

Chart of accounts

accounting principles

valuation areas

Question:

Which are the correct series of steps in the payment program?

Please choose the correct answer.

Response:

CD Maintain parameters, Proposal run, Printing Payment Media,

Execute a payment run CD.

Maintain parameters, Printing Payment Media, Proposal run, Execute

a payment run CD.

Maintain parameters, Proposal run, Execute a payment run, Printing

Payment Media.

Proposal run, Execute a payment run, Printing Payment Media,

Maintain parameters CD.

Proposal run, Maintain parameters, Printing Payment Media, Execute

a payment run CD.
Question:

When dealing with Financial Statement Versions (FSVs), how do you ensure
that the requirements of the various target groups (for example auditors, tax
authorities, and banks) are satisfied ?
There are 2 correct answers to this question.

Response:

Create one FSV, then save different variants based on the needs of
the various groups.

Create one FSV and enhance it with different sets of notes.

Create different FSVs based on the needs of the target group.

Create different versions of the same FSV.

uestion:

You want to use the same set of values for a specific criterion in several
reports. What is the easiest way to accomplish this?

Please choose the correct answer.

Response:

Create a D variable containing the values and use it in all the

reports.

Create a selection variable containing the values and use it in all the
reports.

Create a set containing the values and use it in all the reports.

Enter the values, save them as a variant, and use this variant in all
the reports.

estion:
Your customer wants to use the Closing Cockpit for period end closing. What
major benefits of the Closing Cockpit do you highlight?

There are 2 correct answers to this question.

Response:

It optimizes legacy data transfer.

It closes the posting period automatically on the last day of the

period.

It enables the use of a task list covering all closing activities.

It provides complete documentation of the activities performed

during period-end closing.

uestion:

In your leading ledger (ledger solution), balance sheets must be created for
company codes and segments. Which Customizing settings do you need to
make?
There are 2 correct answers to this question.

Response:

Define two retained earnings accounts and assign them to your P&L
accounts.

Define a retained earnings account.

Activate cost of sales accounting.

Assign the Segment Reporting scenario to your leading ledger.

uestion:

Which of the following activities generates an FI document if real-time

integration between CO and FI has been set up?

There are 2 correct answers to this question.

Response:

A distribution between cost centers that reside in two different

controlling areas

An assessment between cost centers in one company code with

different functional areas

A subsequent change of a segment in a CO document

An assessment between cost centers that belong to two different

company codes

A test run for the settlement run of an asset under construction to a

G/L account

Question:

Which account assignment objects can be maintained directly in the asset

master data in SAP ERP 6.0 EhP5 (Enhancement Package 5) with new G/L
activated ?

There are 2 correct answers to this question.

Response:

Asset network

Segment

Depreciation center
 Profit center

Question:

Where in Customizing can you configure that the cost center in the asset-sub
number is identical to the cost center of the main asset?

Please choose the correct answer.

Response:

in the account determination of the asset class

in the tab layout for the asset master record

in the screen layout of the depreciation area

in the screen layout of the asset master

uestion:

At which level is the vendor account number (master record) assigned?

Please choose the correct answer.

Response:

At the client level

At a combination of client and company code segment level

At the company code segment level

At a combination of client and purchasing organization segment level

Score 0 of 1
Question:

What happens when you post an outgoing partial payment?

There are 2 correct answers to this question.

Response:

a new open item is created with reference to the invoice

the invoice remains open

a payment block is set on the invoice

the invoice is cleared

Question:

You need to assign more than one company code to one controlling area. Under
what kind of a business scenario would you need to consider such a decision?

There are 2 correct answers to this question.

Response:

Representation of intercompany processes, whereby producing and

delivering plant are the same

Cross-company code transactions that MUST be processed in a

controlling area

Multilevel Product Cost Management across company codes

Question:

which elements do you define when you create a new document type?

There are 2 correct answers to this question

Response:

account types allowed for posting

 posting keys for the document type

number range for the document type

reasons for reversal

Score 0 of 1
Question:

Your customers do not pay open invoices. How can you accomplish an
automatic flat-rate individual value adjustment?

There are 2 correct answers to this question.

Response:

Make a statistical flat-rate value adjustment posting for each period

manually.

Create and dispatch a valuation run for each period during closing
operations.

Enter a value adjustment key in the customer master.

Make an individual value adjustment based on special G/L

transaction.

uestion:

Consider the following sentences, which of them are true?

1) A fiscal year has to be defined by means of separating business transactions into

different periods.
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.
3) The Fiscal Year variant only defines the amount of periods and their start and finish
dates.
4) The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.

Please choose the correct answer.

 Response:

3 and 4

1 and 3

2 and 4

1 and 2

2 and 3

estion:

You entered a non-invoice-related credit memo and selected Net Due 30 Days
as the term of payment. The Invoice Reference field is empty.

What effect does this have on the term of payment entered in the credit memo
?
Please choose the correct answer.

Response:

The term of payment entered in the credit memo is ignored during

clearing.

The term of payment entered in the credit memo is replaced by the

term of payment from the last valid customer invoice.

An error occurs.

The term of payment entered in the credit memo is used during

clearing.

uestion:

You are asked to set up the accounting structure to facilitate segment reporting
based on the SAP standard segmentation scenario.
Which organizational unit can be used to derive the segment?

Please choose the correct answer.

Response:

Profit center

Company code

Functional area

Business area

stion:

What are the requirements for the technical clearing account in new Asset
Accounting?

there are 2 correct answers to this question

Response:

The account must be a profit and loss account

the account must be line item managed

the account must be a balance sheet account

the account must be flagged for ‘’posting without tax allowed’’

Score 0 of 1
Question:

What is the purpose of account determination in the accrual engine?

There are 2 correct answers to this question.

Response:

To determine the document type

 To determine debit and credit accounts

To determine the CO object

To determine the correct posting period

uestion:

Which of the following objects must you enter when posting an asset
acquisition against a vendor?
There are 3 correct answers to this question.

Response:

Asset master record

Document type

Special G/L transaction

Fixed asset balance sheet account

Transaction type

estion:

You want to make the line item text field mandatory during document entry.
What customizing objects can you maintain to do this?

There are 2 correct answers to this question

Response:

posting key
 fields status group

document type

account group

uestion:

Which account assignment objects can be maintained directly in the asset

master data in SAP ERP 6.0 EhP5 (Enhancement Package 5) with new G/L
activated ?

There are 2 correct answers to this question.

Response:

Asset network

Segment

Profit center

Depreciation center

Question:

You want to update the Search Term2 field in your customer master data, but
the field does not appear in the maintenance transaction.

Which field status definitions do you have to check and, if necessary, change in
Customizing?

There are 2 correct answers to this question.

Response:

Field status definition of the assigned reconciliation account

Field status definitions of account groups

 Field status definitions of company codes

Field status definitions of activities

Score 0 of 1
Question:

What is the segment that makes complete both customer and vendor accounts?
Please choose the correct answer.

Response:

Sales Area.

Client.

Controlling Area.

Company Code.

Purchasing Organization.

uestion:

what needs to be maintained in Customizing to allow cross-company code

transactions?

There are 3 correct answers to this question

Response:

VAT accounts

posting keys

clearing accounts
 field movement

posting authorizations

uestion:

You want to update the Search Term2 field in your customer master data, but
the field does not appear in the maintenance transaction.

Which field status definitions do you have to check and, if necessary, change in
Customizing?

There are 2 correct answers to this question.

Response:

Field status definition of the assigned reconciliation account

Field status definitions of company codes

Field status definitions of activities

Field status definitions of account groups

estion:

how can you post accruals?

there are 2 correct answers to this question

Response:

use the document split functionality

regroup the receivables and payables

use the recurring entry program

post manually at the end of the period, quarter or year

Question:

What is the purpose of account determination in the accrual engine?

There are 2 correct answers to this question.

Response:

To determine the document type

To determine the correct posting period

To determine the CO object

To determine debit and credit accounts

uestion:

In an asset main number in Asset Accounting, which information can be

different between international GAAP and local GAAP?

There are 2 correct answers to this question.

Response:

Asset class

Deprecation start date

Asset capitalization date

Net book value

stion:

Whitin the line items of FI documents, what does the posting key control?

There are 3 correct answers to this question.

Response:

the account type to which the line item can be posted

 whether the item is posted with reference to primary or secondary
cost elements

the field status of additional details

whether the item is posted as a debit or credit

the account group to which the line item can be posted

estion:

You need to add a new depreciation area. Which object within Asset Accounting
do you need to update?

Please choose the correct answer.

Response:

transaction types

Depreciation keys

asset history sheets

asset classes

uestion:

Which information is updated on the invoice when posting a complete

payment?

There are 2 correct answers to this question.

Response:

Clearing document number

Clearing date
 Clearing account

Clearing currency

Question:

Which of the following activities generates an FI document if real-time

integration between CO and FI has been set up?

There are 2 correct answers to this question.

Response:

A subsequent change of a segment in a CO document

A distribution between cost centers that reside in two different

controlling areas

An assessment between cost centers that belong to two different

company codes

An assessment between cost centers in one company code with

different functional areas

A test run for the settlement run of an asset under construction to a

G/L account

uestion:

What is the purpose of account determination in the accrual engine?

There are 2 correct answers to this question.

Response:

To determine the document type

To determine debit and credit accounts

To determine the correct posting period

To determine the CO object

Question:

Which tools reduce the amount of work involved I the maintenance of exchange
rates?

There are 3 correct answers to this question

Response:

base currency

exchange rate spread

inversion

average exchange rate

conversion

uestion:

Which of the following objects can be used to derivate segments automatically?

Please choose the correct answer.

Response:

Profit center

Cost center

G/L account

Functional area

Question:

Where can you block an open vendor invoice for payment?

There are 2 correct answers to this question

Response:
 in customizing for sensitive fields

in the general segment of the vendor master record

in the company code segment of the vendor master record

in the invoice document during posting

uestion:

In the New General Ledger Accounting, how would you incorporate companies
with different fiscal years if you wanted to assign them to the same controlling
area?
Please choose the correct answer.

Response:

Create company codes with the same fiscal year variant and assign
the company codes that have a different fiscal year to non-leading
ledgers with the appropriate fiscal year variant.

Create company codes with different fiscal year variants and assign
them to the same group company for reporting purposes.

Use the same fiscal year variant for all company codes and set up
parallel accounting for company codes that have different fiscal
years.

Use the same fiscal year variant for all company codes and do a
reversible close for the company codes that have different fiscal
years.

estion:

You are asked to set up the accounting structure to facilitate segment reporting
based on the SAP standard segmentation scenario.

Which organizational unit can be used to derive the segment?

Please choose the correct answer.

Response:

Functional area

Company code

Business area

Profit center

uestion:

you use the accounts approach for parallel valuation in a new G/L system. If
you used the ledger approach instead, which objects would be different?

There are 3 correct answers to this question

Note: Answers of this question are not verified by our experts, please study yourself and
select the appropriate answers.

Contribute: Please send the correct answers with reference text/link on

feedback@sapexam.com to get 50% cashback.

Response:

Chart of Accounts

Financial Statement Version

Depreciation Areas

Asset Classes

Leading Ledger