Accenture Online Test Questions & Answers

1. Special Purpose Ledger Requires activation of New G/L

a. True
b. False

Ans: False

2. The alternative account number field in the G/L master can be used to specify the
country specific chart of account into
a. False
b. True

Ans: True

3. Which of the following currencies has been an input on the header of the document?
a. Company Code Currency
b. Transaction Currency
c. Additional Currency
d. Group Currency

Ans: A

4. How many and which levels do the G/L account master records have?
a. 1 Levels – G/L master records
b. 3 Levels – Company code, Client and Chart of accounts
c. 2 Levels – Company Code and chart of accounts
d. 2 levels – company code and client level

Ans: C

5. Which statement correctly describe the segment derivation functionality in SAP

There are multiple correct answers to the question
a. The segment field has to be entered manually in case
b. Segment field is derived from profit centre master data
c. Segment field is assigned to company code configuration
d. There exists BADIs for segment derivation

Ans: B

6. Which of the following is the purpose of the terms of payment?

a. To calculate a cash discount and invoice due date
b. To calculate the tax amount
c. To enable the cross-company code transactions
d. To define the base line date
Ans: A

7. Which of the following are advantages of document splitting?

a. Multi GAAP reporting
b. Balance sheet by profit center/segment
c. Real-time integration
d. None of the above

Ans: B

8. Which of the following statements is true about the year-end closing preparation?
a. If the final result is not satisfactory, one can carry out depreciation simultaneously
adjustment postings
b. If one changes any depreciation values, one must run the depreciation
c. If an area posts APC values to the general ledger periodically
d. All of the given options

Ans:

9. When working on a dunning procedure, what is the maximum limit that can be set for
the dunning level?
a. 5
b. 6
c. 7
d. 9

Ans: D

10. Alice wants to explore the possibility of parallel currencies in SAP FI. She also wants to
find the exact level where these currencies are assigned. Which of the following options
would be a valid choice in this case?
a. 4 local currencies assigned at chart of account level
b. 3 local currencies assigned at company code level
c. 2 local currencies assigned at company code level
d. 3 local currencies assigned at chart of account level

Ans: C

11. It is not possible to reuse the document number of the deleted document
a. True
b. False

Ans: B

12. Which of the following properties can be controlled by Account Groups?

 a. Field status of transaction fields
b. Field status of master fields
c. Field status of master and transaction fields
d. Field status of master fields and number range

Ans: D

13. Which of the following is not a type of function available in chart of accounts?
a. Operating chart of accounts
b. Plant specific chart of accounts
c. Group chart of accounts
d. Country specific chart of accounts

Ans: B

14. The document header text as mandatory or optional, is configured at Company Code
Level
a. True
b. False

Ans: True

15. GL accounts that are used to meet daily needs and country’s legal requirement in a
company?

Ans: Chart of Accounts

16. Not sub module of FI?

Ans: Cash flow Management

17. T code for GL creation

Ans: FS00

18. Customer account block after marked for record deletion

Ans: False

19. T code for STMS integration

Ans: Client is 000 & Transaction Code is STMS

20. Not payment category in F110

Ans: All cc from different countries

21. In which accounting assets should report.

Ans: Asset accounting.

22. Not covered in dunning system?

Ans: Open and close posting periods

23. How to archiving master records

Ans: All area, Selected CC and selected sales area

24. Offsetting partial payment is called,

Ans: Incoming partial payment

25. In SAP FICO system, not a components under Finance Accounting?

Ans: Cost center

26. Smallest unit in an organization

Ans: Company code

27. Different transactions that come from different line of business

Ans: Business area

28. Fast entry screen in SAP FICO

Ans: GL line items

29. Can be used to carry forward the PL balance

Ans: Using period end processing via multiple retained earing accounts.

30. Manage and control large number of G/L accounts, you can use Chart of accounts
group?

Ans: True

31. What code we can use in posting period for GL

Ans: 40