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SAP FI/CO CERTIFICATION QUESTIONS Version: 2017.12.01
Athar Hussain/ MCS, MBA, Lead Business Analyst, Data Analyst, Project Manager, SAP FI/CO Consultant Page - 1
# Question Keys
1
Your customer sells products and services. They have to separate the
invoices into invoices for products and invoices for services. Which object
do you have to use to create dunning notices dependent on the division
(product or service)?
a) Dunning block reasons
b) Dunning keys
c) Dunning areas
d) Different dunning runs
C
2
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?
a) Multilevel Product Cost Management across company codes.
b) Representation of intercompany processes, whereby producing and
delivering plant are the same
c) Cross-company code transactions that MUST be processed in a
controlling area
A,C
3
Which SAP NetWeaver component ensures company-wide unification of
data and information in heterogeneous IT environments?
a) Master Data Management
b) Knowledge Management
c) Business Warehouse
d) Enterprise Portal
A
4
Which of the following factors determines field status for vendors?
a) Account group, transaction, and chart of accounts
b) Account group, transaction, and company code
c) Account group, chart of accounts, and company code
d) Transaction, chart of accounts, and company code
B

5
Which object has to be used to avoid a change of the reconciliation
account in the customer's master data?
a) The field status of the posting key.
b) The field status of the customer account group.
c) The field status of the activity
d) The field status group of the reconciliation account.
C
6
Which are the necessary steps to create a validation?
a) Check, control, message
b) Prerequisite, check, update, control
c) Check, update, message
d) Prerequisite, check, message
D
7
What is the maximum number of line items of an FI document?
a) Unlimited items
b) 0099 items
c) 0999 items
d) 9999 items
C
8
What do you define when you configure a dunning procedure?
a) Dunning levels and the language of the dunning note
b) Dunning levels and maximum number of days in arrears
c) Dunning charges for each dunning level and customers to be
dunned
d) Dunning levels and dunning charges for each dunning level
D
9
What are the call-up points for validations in FI?
a) Basic data section, line item, and complete document
b) Document header, document type, and complete document
c) Basic data section, detailed data section, and line item
d) Document header, line item, and complete document
D

10
To which of the following does an asset class apply?
a) All company codes within a client that share the same chart of
accounts
b) All company codes in a controlling area
c) All company codes in an instance (client-independent)
d) All company codes in a client
D
11
What additional options does parking documents offer compared to
holding documents? (Choose two)
a) A parked document is stored under a user-specific document
number.
b) A parked document must be posted with the same transaction that
is used to park the document.
c) A parked document can be posted using a workflow.
d) A parked document can be changed and posted by a different user,
thereby supporting the principle of dual control.
C,D
12
What are the prerequisites for setting up cross-company cost accounting?
a) The same fiscal year is used for all company codes.
b) The same variant for open periods is used for all company codes.
c) The same chart of accounts is used for all company codes.
d) The same currency is used for all company codes.
A,C
13
What is one of the benefits of document parking?
a) It enables technically incomplete documents to be posted.
b) It enables individual document numbers to be assigned.
c) It provides a user friendly way of changing posted documents.
d) It enables the use of the dual control principle.
D
14
What does the SAP Web AS provide?
a) Real-time data exchange with all SAP systems
b) Master data harmonization across SAP NetWeaver
c) Storage of all transactional documents in one single database
d) J2EE and ABAP in a single environment
D

15
What is the typical sequence of steps in an ASAP roadmap?
a) Project Preparation -> Final Preparation -> Business Blueprint ->
Realization -> Go Live and Support
b) Business Blueprint -> Project Preparation -> Final Preparation ->
Realization -> Go Live and Support
c) Project Preparation -> Realization -> Business Blueprint -> Final
Preparation -> Go Live and Support
d) Project Preparation -> Business Blueprint -> Realization -> Final
Preparation -> Go Live and Support
D
16
What are the benefits of using the accrual engine?
a) The accrual engine supports parallel accounting.
b) The accrual engine calculates the accrual amounts automatically.
c) The accrual engine can correct accruals in the previous month
even if that period is closed.
d) The accrual engine can simulate planned future accruals.
e) The accrual engine is client-independent.
A,B,D
17
What are the prerequisites for posting a vendor invoice in FI?
a) Create a purchasing organization segment in the vendor master.
b) Set up a number range for vendor invoices.
c) Create a company code segment in the vendor master.
d) Activate and configure the document splitting function.
B,C
18
What are the advantages of the Payment Medium Workbench (PMW)?
(Choose three)
a) It activates the automatic import of settings related to changes in
payment transaction laws.
b) It automatically creates direct debits.
c) It provides a uniform set of functions for all kinds of payment
methods.
d) It can be used to change payment formats without modifying the
programs.
e) E. It can be used to create new payment formats.
C,D,E

19
The organizational units of Financial Accounting are used for external
reporting purposes; that is, they fulfill requirements that your business is
subject to from external parties (e.g. legal regulations) Which of the
following Organizational units are Mandatory in an ERP system with Fl?
a) Client
b) Fiscal Year
c) Business Area
d) Company Code
A, B,
D
20
Identify the features of a Business Blueprint from the following list:
a) Business process groups
b) Blueprint document
c) Associated items
d) Business groups
e) Business scenarios
f) Blueprint structure
A,B,C,
E,F
21
It is not possible to use third-party software in your solution monitoring
strategy when using Solution Manager.
a) True
b) False
B
22
In which scenarios is the Solution Manager used? (Choose three)
a) Optimization
b) Implementation
c) Retirement
d) Operations
e) Scoping
A,B,D

23
A multinational concern acquires a company in another country which has
local reporting requirements. They are using one operational chart of
account for all companies. How can you fulfill this country-specific
requirement?
a) Create a country-specific chart of accounts and assign it to the
group chart of accounts.
b) Create a country-specific chart of accounts and assign it to the
regular chart of accounts.
c) Create a group chart of accounts and assign it to the company
code.
d) Create a country-specific chart of accounts and assign it to the
company code.
D
24
A customer wants to define a chart of depreciation. How do you
recommend setting up the depreciation area?
a) Based on company codes
b) Based on the aims of internal or external reporting
c) Based on relevant currencies
d) Based on the relevant chart of accounts
B
25
Which of the following properties can you assign to a field when creating a
variant?
a) Highlight a field
b) Hide a field
c) Delete a field
d) Protect a field
e) Make a field mandatory
B,D,E
26
A customer wants to use segment reporting on balance sheet and P&L
accounts. Which functionality do you recommend?
a) Special Purpose Ledger
b) Profit Center Accounting
c) New General Ledger Accounting
d) Profitability Analysis
C

27
Special G/L transactions can be divided into which types?
a) Automatic offsetting entry
b) Document parking
c) Noted item
d) Interest
e) Free offsetting entry
A,C,E
28
Which of the following objects can be used to derivate segments
automatically?
a) Profit center
b) G/L account
c) Functional area
d) Cost center
A
29
Which of the following is mandatory to make G/L accounts ready for
postings?
a) A chart of account segment and at least one company code
segment
b) A company code segment and at least one cost element
c) A chart of account segment and at least one cost element
d) A chart of account segment and at least one functional area
A
30
What does the fiscal year variant control?
a) The number of special periods available in addition to the normal
periods
b) The number of periods (up to 52 posting periods and special
periods)
c) The open periods (a period interval for closing and another one for
day-to-day business)
d) The number of periods (up to 16 posting periods including 4 special
periods)
A,D

31
If a vendor is also a customer, it is possible to clear both roles against
each other. Which settings are necessary to implement this?
a) The payment program must be set up to allow debit checks for
vendors and credit checks for customers.
b) The vendor and the customer must be assigned to the same group
account.
c) The vendor number must be entered in the customer account or the
customer number must be entered in the vendor account.
d) The "Clearing with Vendor" field must be selected in the customer
account, and the corresponding field must be selected in the vendor
account.
C,D
32
Down payments can be posted using a special G/L transaction. What is the
main benefit of this functionality?
a) It posts down payments to a reconciliation account that is different
from that of ordinary payables and receivables.
b) It shows data in the appendix of the balance sheet.
c) It automatically clears down payment requests.
d) It automatically clears down payments against the final invoice.
A
33
For which scenario can you use the cash journal?
a) To post incoming and outgoing payments in any transaction
currency
b) To make remittances to vendors.
c) To record documents that will not be included in the general ledger.
d) To manage cash in local branches and offices.
D
34
SAP Solution Manager provides support throughout the life cycle of
solutions – which common usage scenario is missing from the list of
usage scenarios below? (Implement SAP Solutions), (Monitor SAP
Solutions), (Manage Service Desk), (Link to SAP Services), (Upgrade SAP
Solutions)
a) Monitor Service Desk
b) Manage Change Requests
c) Link to Change Requests
d) Implement SAP Services
B

35
What is mandatory in order to make G/L accounts ready for postings?
a) A company code segment and at least one cost element
b) A chart of account segment and at least one company code
segment
c) A chart of account segment and at least one cost element
d) A chart of account segment and at least one functional area
B
36
Your customer wants to use the Closing Cockpit for period end closing.
What major benefits of the Closing Cockpit do you highlight?
a) It provides a complete documentation of the activities performed at
period end closing.
b) It closes the posting period automatically at the last day of the
period.
c) It optimizes legacy data transfer.
d) It enables the use of a task list covering all closing activities.
A,D
37
Your customer wants to add a new company code and asks you to make
the configuration settings for document types and number ranges. What
do you have to do?
a) No additional settings are necessary
b) Define number ranges for the new company code
c) Allow all document types for the new company code.
d) Set a second number range for all document types.
B
38
Your customer runs an SAP ERP system with New General Ledger
Accounting activated. What do you need to do for Profit Center updates to
be part of the general ledger?
a) Activate transfer prices in Profit Center Accounting.
b) Set up the same group currency for all company codes and profit
centers.
c) Deactivate document splitting for profit centers.
d) Assign the Profit Center Update scenario to the ledger.
D

39
You have posted an incorrect amount in Financial Accounting. How can
you correct this? (Choose two)
a) Change the amount in the posted document.
b) Reverse the document by normal reversal posting.
c) Reverse the document by negative posting.
d) Delete the document.
e) Use a substitution to change the incorrect amount.
B,C
40
While posting a G/L document, two different field statuses (for the posting
key and the G/L account) have an impact on the posting. What happens if
one field status is set to Required Entry and the other one to Hidden
Entry?
a) The document can be posted anyway.
b) An error message will occur.
c) The field will be hidden.
d) The field will be available for entry.
B
41
Which of the following task types are supported by the Closing Cockpit or
Schedule Manager?
a) Reconciliation keys
b) Spreadsheets
c) Transactions
d) Programs with or without variant
e) Notes (as a reminder or milestone)
C,D,E
42
Which of the following is a typical sequence of steps in a Purchase to Pay
process?
a) Purchase requisition -> Goods verification -> Purchase receipts ->
Invoice receipts -> Payment
b) Purchase requisition -> Purchase order -> Goods receipt -> Invoice
verification -> Payment
c) Purchase order -> Purchase requisition -> Goods receipt -> Invoice
verification -> Payment
d) Purchase requisition -> Goods issue -> Purchase verification ->
Invoice receipts -> Payment
B

43
Which of the following are the main components of a drilldown report?
a) Characteristics and key figures
b) Variables and key figures
c) Variables and general selection criteria
d) Characteristics and variables
A
44
Which objects can be assigned to an asset master record in SAP ERP 6.0
EhP5 (Enhancement Package 5) with new G/L and the corresponding
business function activated?
a) Internal order
b) Profitability segment
c) Account determination
d) Profit center
e) Segment
A,D,E
45
Which functions are provided by the Reclassify Payables/Receivables
closing activity?
a) Adjustment postings for changed reconciliation accounts
b) Credit check and rating of open items
c) Open item analysis for liquidity forecast
d) Regrouping and sorting of payables and receivables
e) Automatic correction of bad debits or credits
A,D
46
Which activity will have an impact on the net book value of an asset?
a) Changing the account determination
b) Changing the useful life of the asset
c) Changing the assigned cost center
d) Changing the assigned WBS element
B
47
What is the purpose of account determination in the accrual engine?
a) To determine the CO object
b) To determine the correct posting period.
c) To determine the document type
d) To determine debit and credit accounts.
C, D

48
What do you define when you set up a depreciation area?
a) The posting to General Ledger
b) The asset number ranges
c) The account determination
d) The company code
A
49
The RUN DATE is always the date when a certain dunning run is supposed
to be started
a) True
b) False
B
50
Of the items listed below, which are NOT features of Configuration?
a) Generate Blueprint
b) Test Case Assignment
c) Transport Change Requests
d) Configure IMG Objects
e) Project Documentation
A,C
51
In a payment run, the data entered for a payment method in the document
may differ from the master data. How is this resolved by the system?
a) The payment run stops and the system issues an error message.
b) The payment run temporarily stops, and the system prompts you to
correct the data. After you have corrected the data, the payment run
continues.
c) Document data overrides master data.
d) Master data overrides document data.
C
52
Identify the steps in the ASAP (Accelerated SAP) Methodology.
a) Roll out
b) Go Live & Support
c) Final Preparation
d) Realization
e) Project Preparation
f) Business Blueprint
B, C,
D, E,
F

53
How can the short text field of a G/L account be changed?
a) Centrally, in the chart of accounts segment.
b) Individually, in the company code segment.
c) By making the change at the start of a new fiscal year.
d) By making sure that the field status of the chart of accounts
segment allows it.
A
54
At which level is the vendor account number assigned?
a) At the client level
b) At a combination of client and purchasing organization segment
level
c) At the company code segment level
d) At a combination of client and company code segment level
A
55
A customer wants to implement parallel accounting in asset accounting.
How do you implement this?
a) By using two different charts of depreciation
b) By using an extra chart of accounts
c) By using two asset classes
d) By using two depreciation areas
D
56
Which parameters do you have to specify if you want to execute a payment
run?
a) Currency
b) Company code
c) Bank account
d) Payment method
B,D
57
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?
a) Asset network
b) Segment
c) Profit center
d) Depreciation center
B,C

58
Your customers do not pay open invoices. How can you accomplish an
automatic flat-rate individual value adjustment?
a) Create and dispatch a valuation run for each period.
b) Make a statistical flat-rate value adjustment posting for each period
manually.
c) Make an individual value adjustment based on special G/L
transaction E.
d) Enter a value adjustment key in the customer master.
A,D
59
Your customer runs an SAP system with New General Ledger Accounting
activated. They want to run a valuation of accounts receivable that are
posted in foreign currency. What do you have to do?
a) Set up a valuation method and assign it to a valuation area.
b) Set up a new exchange rate type.
c) Set up the Valuation Cockpit to perform this task.
d) Post the valuation differences manually at the period end.
A
60
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?
(Choose three)
a) The AuC has not been released.
b) There is no settlement profile assigned to the company code.
c) The settlement profile does not allow assets as valid receivers.
d) The status of the AuC is set to Summary Management.
e) The Depreciation Engine is not active.
B,C,D
61
You entered a G/L account posting and received an error message which
says that account type S is not allowed. Which object causes this error?
a) Currency key
b) Document type
c) Posting key
d) Field status variant
B

62
Which of the following objects can you post to via the cash journal?
a) Asset master
b) Customer
c) Accrual Engine
d) Material master
e) One-time customer
B,E
63
Which of the following activities will generate an FI document if real-time
integration between CO and FI has been set up?
a) A subsequent change of a segment in a CO document
b) An assessment between cost centers that belong to two different
company codes
c) A distribution between cost centers that reside in two different
controlling areas
d) A test run of the settlement run of an asset under construction to a
G/L account
e) An assessment between cost centers in one company code with
different functional areas
B, E
64
Which characteristics of account determination can be used to assign
revaluation adjustments to different G/L accounts?
a) Valuation method
b) Valuation key
c) Reconciliation account
d) Chart of accounts
e) Currency
C,D,E
65
What options do you have for booking an asset acquisition? (Choose
three)
a) Asset acquisition posted from Materials Management
b) Asset acquisition using a clearing account
c) Asset acquisition posted via the accrual engine
d) Asset acquisition posted via the cash journal
e) Asset acquisition integrated with account payable
A,B,E

66
What does the posting key control?
a) Account type
b) Debit/credit indicator
c) Document type
d) Number range
e) Field Status
A,B,E
67
Standard ASAP (Accelerated SAP) roadmaps outline the activities involved
in SAP solutions Identity the four main types of roadmaps:
a) Global Template Roadmap
b) Implementation Roadmap
c) Solution Roadmap
d) Download Roadmap
e) Solution Management Roadmap
f) Upgrade Roadmap
A,B,E,
F
68
a) The "Clearing with Vendor" field must be selected in the customer
account.
account.
d) The payment program must be set up to allow debit checks for
A,C
69
During reorganization, two cost centers are merged, and all future postings
should go to only one of them. If postings are made to the wrong cost
center in future FI-postings, your customer wants to ensure that the wrong
cost center is automatically replaced by the correct one. What will you
recommend?
a) Define a substitution in FI with the wrong cost center as a
prerequisite and the correct one as the substituted value.
b) Define a validation in CO to ensure that the functional area is filled
in the cost center master.
c) Define two substitutions for the Line Item call-up point.
d) Create a user-specific program to substitute the wrong cost centers
automatically overnight.
A

70
To which primary Cost Accounting objects can depreciation be posted?
a) Cost center
b) Network
c) Internal order
d) Profit center
A,C
71
You entered a G/L account posting and received an error message saying
that account type D (customer) is not allowed. Which object causes this
error?
a) Currency key
b) Field status variant
c) Tolerance group
d) Document type
D
72
You want to use the same set of values for a specific criterion in several
reports. What is the easiest way to accomplish this?
a) Enter the values, save them as a variant, and use this variant in all
the reports.
b) Create a D variable containing the values and use it in all the
reports.
c) Create a selection variable containing the values and use it in all the
reports.
d) Create a set containing the values and use it in all the reports.
C
73
What are the prerequisites for posting a vendor invoice in Financial
Accounting?
a) Create a company code segment in the vendor master.
b) Activate and configure the document splitting function.
c) Set up a number range for vendor invoices.
d) Create a purchasing organization segment in the vendor master.
A,C
74
Your customer wants to run the fiscal year change program. What are the
prerequisites for this?
a) The fiscal year change program cannot be started before the last
posting period of the current year.
b) The previous year has to be closed for asset accounting.
c) Depreciation and asset balances have to be fully posted.
d) The previous year has to be closed in Financial Accounting.
A,B

75
Accounting activated. What do you need to do to have Profit Center
updates be part of the general ledger?
a) Deactivate document splitting for profit centers.
centers.
c) Assign the Profit Center Update scenario to the ledger.
d) Activate transfer prices in Profit Center Accounting.
C
76
You want to use external number assignment for specific document types.
What is the special feature of external number assignment?
a) The number ranges can overlap.
b) The numbers can be alphanumeric.
c) The system issues the numbers automatically.
d) The number ranges can be used across all company codes.
B
77
You receive a payment where the difference from the posted invoice is
larger than the stated tolerance limit. How can you deal with this?
a) Park the document and assign it to a person with a higher tolerance
limit.
b) Post the difference as a residual item.
c) Increase the tolerance limit manually while posting the document.
d) Post the difference to an account assigned to a reason code.
B, D
78
You can configure different types of Chart of Accounts in the ERP system.
Which one of the following is TRUE Chart of Accounts?
a) Group chart of accounts
b) Country-specific chart of accounts
c) Operating chart of accounts
d) Plant-specific chart of accounts
A, B,
C
79
Which postings are created by the depreciation posting run?
a) Postings to the depreciation accounts in the General Ledger
b) Transfer of depreciations to cost center planning
c) Book and cost accounting depreciations to assets
d) Year-to-date depreciation on current assets
A,C

80
Which of the following lists can be printed to help you edit a dunning
proposal?
a) Sales statistics
b) Blocked accounts
c) Condensed master data
d) Blocked line items
B,D
81
Which of the following is a prerequisite for using the Segment field as a
standard account assignment object?
a) Enhancement Package 3 must be activated.
b) Classic General Ledger Accounting must be deactivated.
c) New Segment Accounting must be activated in the SAP system.
d) The SAP system must have release level SAP ERP 2004 or higher.
D
82
Which of the following are interactive functions available in the SAP List
Viewer?
a) Master data modification
b) Dual control
c) Summation
d) Sorting
e) Filters
C,D,E
83
Which infrastructure supports core business solutions in four
subcomponents including people integration, information integration,
process integration, and application platform?
a) SAP Business Process Management
b) SAP Exchange Infrastructure
c) SAP NetWeaver
d) SAP Web AS
C

84
Which are the correct series of steps in the payment program?
a) CD Maintain parameters, Proposal run, Printing Payment Media,
Execute a payment run CD.
b) Proposal run, Maintain parameters, Printing Payment Media,
c) Proposal run, Execute a payment run, Printing Payment Media,
Maintain parameters CD.
d) Maintain parameters, Printing Payment Media, Proposal run,
e) Maintain parameters, Proposal run, Execute a payment run, Printing
Payment Media.
E
85
What does the posting key control?
a) Account type
b) Document type
c) Field status
d) Debit/credit indicator
e) Number range
A,C,D
86
The field status definitions from the account group and the transaction are
considered for each field, and the one with higher priority is used. Which
priority sequence is correct, going from the highest to the lowest?
a) Required Entry, Optional Entry, Hide, Display
b) Hide, Display, Required Entry, Optional Entry
c) Display, Required Entry, Optional Entry, Hide
d) Optional Entry, Hide, Display, Required Entry
B
87
Instead of the classic system monitoring of individual system components;
with Solution Monitoring, entire business processes can be monitored as a
whole across multiple components. Identify the three components that
define the concept of Solution Monitoring:
a) User Level management
b) Business Process Monitoring
c) System Monitoring
d) Service Level Management
e) Component Solution Monitoring
B, C,
D

88
Identify the three main areas of the Implementation Roadmap from the
items listed below:
a) Accelerator area
b) Viewing / Text area
c) Roadmap structure Attachments area
d) IMG area
B, C,
D
89
Every company code may define its own document number ranges
a) False
b) True
B
90
A vendor sends an invoice to a company which contains expenses for two
company codes. You post the vendor item to the receiving company code,
then the expense, and finally a cross-charge to the other company code.
How are the taxes posted?
a) Taxes are posted to the company code where the vendor item is
posted.
b) Taxes are posted to the company code where the larger part of the
expense is posted.
c) Taxes are posted to both company codes in proportion to the
expenses.
d) Taxes are not posted automatically, and will therefore have to be
posted manually.
A
91
A company sells products. Sometimes, when dealing with complaints, they
need to issue a credit memo. Which accounts will be used to issue credit
memos?
a) Payables and revenue account
b) Payables and expense account
c) Receivables and revenue account
d) Receivables and expense account
C
92
In which life cycle scenarios is the SAP Solution Manager used?
a) Scoping
b) Operations
c) Implementation
d) Optimization
e) Retirement
B,C,D

93
Accounting activated. What do you need to do for Profit Center updates to
be part of the general ledger?
a) Activate transfer prices in Profit Center Accounting.
centers.
c) Deactivate document splitting for profit centers.
d) Assign the Profit Center Update scenario to the ledger.
D
94
a) The "Clearing with Vendor" field must be selected in the customer
account.
account.
d) The payment program must be set up to allow debit checks for
A,C
95
What does the year-end closing program do in asset accounting?
a) It checks whether the previous year has been closed in financial
accounting.
b) It checks whether assets contain errors or are incomplete.
c) It checks whether depreciation and assets are fully posted.
d) It opens new annual value fields for each asset.
B,C
96
When creating dependent areas, the transfer of APC values are the only
transfers that can be created.
a) True
b) False
B
97
Which of the following objects can you post to via the cash journal?
a) Asset master
b) Accrual Engine
c) Customer
d) One-time customer
e) Material master
C,D

98
Your customer wants to perform their year-end closing activities. Which of
the following activities are mandatory to close the books?
a) Run planning and budgeting.
b) Run fiscal year change in Asset Accounting.
c) Run balance sheet open item analysis.
d) Run the carry forward.
B,D
99
Which SAP NetWeaver component realizes cross-system application
processes?
a) SAP Enterprise Portal (SAP EP)
b) SAP Business Warehouse (SAP BW)
c) SAP Exchange Infrastructure (SAP XI)
d) SAP Master Data Management (SAP MDM)
C
100
Which of the following describe characteristics of master data?
a) It cannot be changed after creation.
b) It is used on a long-term basis for multiple business processes.
c) It is typically assigned to organizational levels.
d) It is a template for transactional data.
e) It must be assigned on client level.
B, C
101
Which field of the line item will be filled automatically by the sort key field
of a master record (G/L account, customer or vendor)?
a) Item text
b) Number of the invoice to which the transaction belongs
c) Amount in document currency
d) Assignment number
D
102
Indexes are used for inflation management and
a) insurance reasons
b) tax reasons
c) costs reasons
d) revenue reasons
A

103
SAP Solution Manager is a stand-alone system that communicates with the
systems in various landscapes.
a) False
b) True
B
104
In a payment run, the data entered for a payment method in the document
may differ from the master data. How is this resolved by the system?
a) Document data overrides master data.
b) The payment run stops and the system issues an error message.
c) The payment run temporarily stops, and the system prompts you to
correct the data. After you have corrected the data, the payment run
continues.
d) Master data overrides document data.
A
105
Every company code may define its own document types
a) False
b) True
A
106
Which transactions in the procurement process with valuated goods
receipt create documents in FI?
a) Enter invoice receipt.
b) Post valuated goods receipt.
c) Create purchase requisition.
d) Create purchase order.
A,B
107
How do you implement parallel accounting in asset accounting?
a) By using an extra chart of accounts
b) By using two different charts of depreciation
c) By using two asset classes
d) By using two depreciation areas
D

108
Your customer wants to clear minor payment differences for incoming
payments automatically. Which objects do you have to use to fulfill this
requirement?
a) Tolerance groups for G/L account and tolerance groups for
employees
b) Tolerance groups for G/L account and tolerance groups for
customers/vendors
c) Tolerance groups for employees and tolerance groups for document
types
d) Tolerance groups for employees and tolerance groups for
customers/vendors
D
109
Which transactions in the procurement process with valuated goods
receipt create documents in FI?
a) Enter invoice receipt.
b) Post valuated goods receipt.
c) Create purchase requisition.
d) Create purchase order.
A, B
110
Which of the following elements are required to create a customer-specific
drilldown report for New General Ledger Accounting?
a) Characteristics
b) Variables
c) A form
d) A report header
A,C
111
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?
a) The term of payment is copied from the last valid invoice of the
customer.
b) An error occurs.
c) The term of payment is valid.
d) The term of payment is invalid.
D

112
What elements of a customer account are created when you maintain the
account decentralized in Financial Accounting?
a) General data and sales area data
b) General data, company code data, and purchasing organization data
c) General data and company code data
d) General data, company code data, and sales area data
C
113
At the end of a fiscal year the system carries forward the balance of certain
accounts to a special retained earnings account and sets them to zero.
Which accounts are treated in such a manner?
a) Balance sheet accounts
b) Balance sheet and profit accounts
c) Accounts only managed on the basis of open items
d) Profit accounts
D
114
Identify the benefits of SAP Solution Manager.
a) More leverage from IT investments
b) Reduced cost of implementation
c) Reduced ROI
d) More reliable IT solutions
e) Faster ROI
f) Reduced cost of operation
A,B,D,
E,F
115
What are the necessary elements required to create a customer-specific
drilldown report for New General Ledger Accounting?
a) Variables
b) A report header
c) Characteristics
d) A form
C, D
116
Which functions can be used to generate inter-company posting
documents? (Choose two)
a) Central payment
b) Central procurement
c) Currency valuation
d) Central cash journal
A,B

117
Which of the following objects must you enter when posting an asset
acquisition against a vendor?
a) Transaction type
b) Fixed asset balance sheet account
c) Document type
d) Asset master record
e) Special G/L transaction
A,C,D
118
Your customer wants all items that are posted to their customer account to
be transferred to their headquarters automatically. Which function do you
have to use to fulfill this requirement?
a) One-Time account
b) Alternative Payer/Payee
c) Head office and branch account
d) Receivables reclassification
C
119
A customer is running SAP ERP 6.0 with New General Ledger Accounting.
For which purpose can they use the Closing Cockpit?
a) To create mass change of offsetting days for existing activities.
b) To perform day-to-day activities.
c) To run reconciliation between CO and FI.
d) To perform periodically recurring activities.
D
120
How many Types of Mass Processing are there?
a) 5
b) 10
c) 15
d) 20
A
121
What are the necessary steps to create a validation?
a) Prerequisite, check, message
b) Prerequisite, check, update, control
c) Check, control, message
d) Check, update, message
A

122
Which of the following is a typical process sequence in Product Sale from
Stock?
a) Purchase requisition, Billing, Transport/Goods receipts, Dunning
and payment
b) Incoming order, Transport/Delivery, Billing, Dunning and payment
c) Incoming order, Goods receipts/Transport, Dunning and payment,
Billing
d) Purchase requisition, Delivery/Transport, Dunning and payment,
Billing
B
123
When parking a document, which of the following occurs in the system?
a) The document number is not assigned but transaction figures are
updated.
b) The document number is assigned but transaction figures are not
updated.
c) The document number is not assigned and transaction figures are
not updated.
d) The document number is assigned and transaction figures are
updated.
B
124
Your customer is running an SAP ERP system with New General Ledger
activated. All scenarios, but no customer fields, are assigned to the
leading ledger. Which objects in the totals table (FAGLFLEXT) can be
evaluated with drill-down reports?
a) Cost centers, business areas, functional areas, segments, tax codes
b) Profit centers, cost centers, business areas, functional areas,
divisions
c) Segments, profit centers, cost centers, business areas, functional
areas
d) Business areas, functional areas, segments, profit centers, user IDs
C
125
Which interactive function is provided by the SAP List Viewer?
a) Mass reversal
b) Use of the report-report interface
c) Creation of subtotals for specific values
d) Creation of worklists
C

126
How do you prevent duplicate vendors from being created?
a) Activate master data comparison for the vendor.
b) Run the Vendor De-Duplication report.
c) Use MatchCode to check whether the vendor already exists.
d) Activate message control for the duplicate vendor check.
C,D
127
A customer wants to use document splitting to enable balance sheets by
segments. How do you set up the document split?
a) Define a non-leading ledger for the split documents.
b) Define splitting rules.
c) Assign all G/L accounts to item categories.
d) Assign the splitting method to the transaction variant.
B,C
128
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?
a) Create different versions of the same FSV.
b) Create one FSV, then save different variants based on the needs of
the various groups.
c) Create one FSV and enhance it with different sets of notes.
d) Create different FSVs based on the needs of the target group.
D
129
Into which types can Special G/L transactions be divided?
a) Automatic offsetting entry
b) Noted item
c) Value adjustment
d) Interest
e) Free offsetting entry
A,B,E
130
What is the Organization structure of a company?
a) Client, Company, Company code, Business area
b) Client, Operating Concerns, Company code, Controlling Area,
Business area
c) Client, Company, Chart of Accounts, Company code, Business area
d) Client, Operating Concerns, Controlling Area, Company code
D

131
What is the difference between GL AC and New GL AC in SAP FI?
a) Document headers
b) Schedule document
c) Document splitter
d) Document item
C
132
Why do we need recompilation account in SAP for AP and AR?
a) Updating in to GL
b) Modification in GL
c) Customization in GL
d) Creating GL
A
133
Which is the document part specifying detailed level of data?
a) Header
b) Schedule
c) Line
d) None
C
134
What are AP and AR for General Ledger?
a) Ledgers
b) Sub Ledgers
c) Transactions
d) All
e) None
B
135
What is T-Code for searching tables in FICO?
a) SE13
b) SE11
c) SM21
d) SM50
B
136
Where do you open and close periods?
a) Budgeted year
b) Financial year
c) Fiscal year
d) None
C

137
What is the difference between MTO and MTS process?
a) Production and Sales orders respectively?
b) Sales and Production orders respectively?
c) Purchase and Sales orders respectively?
d) Sales and Purchase orders respectively?
B
138
What is a Sort Key?
a) Creating line items in GL
b) Modifying line items in GL
c) Displaying various line items in GL
d) None
C
139
At what level we integrate FI with SD and MM?
a) Chart of accounts level
b) General Ledger level
c) Balance sheet level
d) Profit and Loss level
A
140
What is the link between Vendor Master Record and APP?
a) Consolidation Account
b) Reconciliation Account
c) Profit and Loss Account
d) None
B
141
What is SAP
a) ECC
b) Systems, Applications and Products in Data Processing
c) Software Application for Processing Data
d) None
B
142
What are the segments of GL master record?
a) Chart of Accounts
b) Company Code area
c) Company code area chart of accounts
d) None
C

143
What is open line management?
a) Balancing of Functions
b) Reconciliation of Functions
c) Balancing/reconciliation of functions
d) None
C
144
What are the important “organizational units” in FI?
a) Company
b) Company Code
c) Business Area
d) All
e) None
D
145
What are the types of Data in SAP?
a) Table Data
b) Transactional Data
c) Master Data
d) All Data
D
146
What does “Transfer Variance” specify?
a) How the transferred asset will be valued at the receiving company
code
b) The type of transaction (acquisition or transfer) used for the
transaction?
c) Both
d) None
C
147
Out of the following, what does Controlling in SAP has?
a) Configuration Setup
b) Application functionality
c) Both
d) None
C

148
What does “Cost Element Accounting” classify?
a) Costs Posted
b) Revenue Posted
c) Both
d) None
C
149
What are the planning Sequences in CO?
a) Statistical Key Figure (SKF) Planning
b) Activity Output Planning
c) Primary Cost and Activity Input (secondary cost) planning
d) All
D
150
Do parked documents appear on the GL account line item display?
a) Yes, they always appear.
b) No, they never appear.
c) They appear if the Parked items flag is active in the selection
screen.
d) They appear if they have not been cleared.
C
151
Two company codes use the same chart of accounts. Can an account be
defined as a balance sheet account for one company and as a P&L
statement account for another company?
a) No, because this characteristic is defined at chart of account level.
b) Yes, because this characteristic is defined at company code level.
c) It depends on how the account groups have been defined.
d) It depends on which node of the financial statement version is the
account assigned.
A
152
Two company codes use the same chart of accounts. Can an account be
defined with currency EUR for one company code and with currency GBP
for another company code?
a) No, because the account’s currency is defined at the chart of
account level.
b) Yes, because the account’s currency is defined at the company
code level.
c) Only if the second company code has an alternative chart of
accounts in GBP.
d) Only if the second company has been defined with the currency
GBP.
B

153
For a GL account in a company code 0001 a trading partner was defined,
which is another company code 0002 implemented in the same SAP
system. Which of the following statements have to be correct in order to
make a posting to this account?
a) The period of the posting needs to be opened in the company code
0002.
b) The document type, which will be used for the posting, has to be
defined as active for intercompany postings.
c) A user will need an authorization to post in the company code 0002;
otherwise SAP will not allow the posting.
d) The period of the posting needs to be opened in the company code
0001.
B
154
A user posts a wrong document in GL accounts. What can be done to
correct the mistake?
a) The user can delete the wrong posting.
b) The user can create a reverse posting. It does not matter if the
posting period of the original posting is already closed, because
SAP always allows this kind of corrections, even if the posting
period is closed.
c) The user can flag the posting as incorrect, and SAP will
automatically delete this posting when the period closing tasks are
performed.
d) The user can create a reverse posting. If the posting period of the
original posting is already closed, the user can post the reversal in
the next period.
D
155
A user posts documents in a foreign currency. Which exchange rate does
SAP use to convert the amounts to the local currency?
a) SAP uses the exchange rate contained in the exchange rate table
for the posting date specified in the posting, unless the user enters
a different exchange rate in the posting.
b) SAP uses the exchange rate contained in the exchange rate table
for the date, on which the document is entered on the system,
unless the user enters a different exchange rate in the posting.
c) SAP uses the exchange rate entered manually in the posting.
d) SAP uses the exchange rate contained in the exchange rate table
for the translation date specified in the posting, unless the user
enters a different exchange rate in the posting.
C,D

156
A user posts a document with a reference. Please identify the correct
statements below.
a) The document generated by SAP will be an exact copy of the
original one; the user cannot change any field.
b) SAP will allow modification of the amounts, but the texts of the
original document cannot be changed.
c) SAP will allow modification of the texts, but the amounts of the
original document cannot be changed.
d) SAP will allow modification of the texts and the amounts, if the user
wishes to do so.
D
157
8. What is a recurring entry?
a) It is a document that will be posted periodically with the same data
for a defined period of time.
b) It is a document that will be posted periodically with the same data
until it is cancelled by a user.
c) Recurring entries are posted when a periodic process is run in SAP.
d) Recurring entries are posted automatically by SAP when their
execution date arrives.
A,C
158
Do sample documents appear in an account balance?
a) Yes, they appear.
b) Yes, they appear, if a user selects the option ‘display sample
documents’.
c) No, they do not appear.
d) Yes, they appear, but only if a user displays a balance of a P&L
account.
C
159
Two company codes use the same posting period variant. A user sets as
open a period from 01.2012 to 01.2012 for account type A (Asset). Which of
the following statements is true?
a) Postings in period 11, 2011 cannot be done in any case.
b) Postings in period 11, 2011 can only be done in Asset accounts.
c) Postings in period 11, 2011 can be done in any account type except
Asset accounts.
d) Postings in period 11, 2011 can be done just in one of the two
company codes that have this posting period variant.
C

160
Two companies have a vendor in common. Is it possible to use different
payment terms for each company in the vendor master data?
a) No, because the payment terms for the vendors are maintained
once at the client level.
b) No, because the payment terms are not maintained in the vendor
master data.
c) Yes, because the payment terms for the vendors are maintained
once at company code level.
d) Yes, because the payment terms for the vendors are maintained
once at purchasing organization level.
C,D
161
How is the due date of an invoice determined?
a) The due date is entered manually in the invoice by an accounting
clerk.
b) The baseline date is entered manually in the invoice by the
accounting clerk; the terms of the payment terms contained in the
master data are applied to calculate the due date.
c) The due date is automatically taken from the system date by SAP.
d) No due date is stored in SAP invoices.
B,D
162
Is it possible to have several payment methods for one vendor?
a) Yes, one vendor can have several payment methods.
b) Yes, because payment methods for vendors are maintained once at
the company code level, so one vendor can have one payment
method for each company code, but just one.
c) No, only one payment method is allowed per vendor.
d) Payment methods are not maintained in the vendor master data.
A
163
A withholding tax code was specified in the vendor master data and at the
same time no exemption reason was entered. Please indicate which of the
following statements is correct?
a) The vendor may have a certain amount withhold for taxes when an
invoice is posted.
b) When an invoice is posted, no amount will be withheld as the
vendor does not have any exemption reason.
c) The vendor may have a certain amount withheld for taxes when the
payment of an invoice is posted.
d) Withholding tax codes are not maintained in the vendor master data.
A,C

164
Is it possible to use more than one withholding tax code for a vendor?
a) Yes, it is possible and in this case different amounts will be
deducted.
b) Yes, withholding tax codes are not maintained in the vendor master
data, but you can add as many as you wish when you do a posting.
c) No, it is only possible to have just one withholding tax code.
d) No. This is possible for customers but not for vendors.
A
165
Is it possible to automatically generate a payment file for a bank and print a
payment advice for a vendor in the payment program?
a) No, payment program can only generate the payment file for the
bank.
b) No, payment program can only print the payment advice for the
vendor.
c) Yes, it is possible.
d) No, payment advice for the vendor cannot be printed from the
payment program; you need to use the correspondence
functionality for the payment advice.
C
166
Is it possible to include the invoices, which have not been selected in the
payment proposal by the payment program, into the payment?
a) No, in the payment you can only pay the invoices, which were
automatically selected by the payment program.
b) Yes, in the payment you can include invoices, which were not
automatically selected by the payment program, but you still want to
pay.
c) No, in the payment you can only exclude invoices automatically
selected by the payment program, which you do not want to pay,
but you cannot include any non-selected invoices.
d) Yes, in the payment you can include invoices, which were not
automatically selected by the payment program, but you still want to
pay, unless there is a payment block on these invoices.
B

167
Is it possible that a company pays the invoices for another company
implemented in the same SAP system using the payment program?
a) Yes, this can be done using the same paying company in the
system.
b) No, each company must pay its own invoices in SAP.
c) Yes, this can be done but only if both companies are based in the
same country.
d) No. This cannot be done in SAP using the payment program.
However, it can be done using manual payments.
A
168
Please indicate if the following statement is true or false. All the posting,
which are done to a vendor, are posted to the GL account defined in the
vendor master data.
a) Yes, the GL account is defined in the vendor master data so that all
the postings done to the vendor are transferred automatically to that
GL account.
b) No, using special GL indicators, SAP can post to an account
different than the GL account, which is defined in the vendor master
data.
c) No, using special GL indicators, SAP will always post to an account
different than the GL account, which is defined in the vendor master
data.
d) No, using down payment special GL indicator, SAP can post to an
account different than the GL account, which is defined in the
vendor master data.
B,D
169
Are postings, which were done with special GL indicators, displayed in the
vendor open items list?
a) Yes, they will always be displayed there.
b) Yes, they will be displayed there, if you indicate an option in the
selection screen.
c) No, postings with special GL indicator are never displayed there.
d) No, postings with special GL indicator can only be displayed in the
open items display of a GL account.
B

170
Which options does a user have to post a partial payment to vendor
invoices?
a) The user can post it as a partial payment, the invoice will be cleared.
The pending amount will be posted against the GL account of
extraordinary expenses.
b) The user cannot post the payment to the invoice until the whole
amount of the invoice is paid.
c) The user can post it as a partial payment, the invoice will be still
open but the amount, which is pending to be paid, will be lower.
d) The user can post it to the invoice, so that the invoice is cleared and
the system generates a residual item with the pending amount.
C,D
171
Which transfer variant should be used for intracompany asset transfers?
a) Transfer variant 1
b) Transfer variant 2
c) Transfer variant 3
d) Transfer variant 4
D
172
Is it possible to have several payment methods for a customer?
a) Yes, a customer can have several payment methods.
b) Yes, because the payment methods for a customer are maintained
once at the company code level, so a customer can have one
payment method for each company code, but just one.
c) No, only one payment method is allowed per customer.
d) Payment methods are not maintained in the customer master data.
A
173
Is it possible to change the dunning level, which was automatically
generated by the dunning program?
a) No, dunning levels can only be changed by the dunning program.
b) Yes, dunning levels can be changed manually in the customer
master data.
c) No, dunning levels cannot be changed once updated by the dunning
program.
d) Yes, dunning levels can be changed manually in the invoice.
B,D

174
Is it possible to include invoices, which have not been selected in the
dunning proposal by the dunning program, into the dunning run?
a) No, in the dunning run you can only pay the invoices selected
automatically by the dunning program.
b) Yes, in the dunning run you can include invoices, which were not
automatically selected by the dunning program, but you want to
dun.
c) No, in the dunning run you can only exclude invoices, which were
automatically selected by the dunning program and you do not want
to pay, but you cannot include any of the non-selected invoices.
d) Yes, in the dunning you can include invoices, which were not
automatically selected by the payment program and you want to
dun, unless they have a dunning block.
B
175
Please indicate if the following statement is true or false. All the posting,
which were done to a customer, are posted to the GL account defined in
the customer master data.
a) Yes. The GL account is defined in the customer master data, so that
all the postings done to the customer are transferred automatically
to that GL account.
b) No. Using special GL indicators, SAP can post to an account
different than the GL account defined in the customer master data.
c) No. Using special GL indicators, SAP will always post to an account
different than the GL account defined in the customer master data.
d) No. Using special GL indicator of advances, SAP can post to an
account different than the GL account defined in the customer
master data.
B
176
Please indicate if the following statement is true of false. The postings,
which were done with special GL indicators, are displayed in the customer
open items list.
a) Yes, they will always be displayed there.
b) Yes, they will be displayed there, if a user indicates this in the
selection screen.
c) No, postings with special GL indicator are never displayed there.
d) No, postings with special GL indicator can only be displayed in the
GL account open items display.
B

178
Two company codes share a customer. Is it possible to block for postings
the customer in one company code, but at the same time to allow postings
in another company code?
a) Yes, the customer can be blocked just in one company code.
b) No, if the customer is blocked, posting will not be allowed in any
company.
c) Posting blocks are not allowed for customers.
d) Yes, it can be blocked just in one sales area.
A,D
179
Is it possible to automatically generate files for incoming payments from
customers in the payment program?
a) No, payment program can only be used for outgoing payments; it
cannot be used for customers.
b) No, customers’ payments can only be processed manually.
c) Yes, payment program can be used to generate files for incoming
payment from customers.
d) No, payment program can be used to generate files for payments
from customers, but just for outgoing payments.
C
180
A customer of a company is at the same time a vendor of this company. Is
it possible that SAP automatically clears all items together in payment
transactions?
a) No, it is not possible. Vendor items cannot be cleared with customer
items.
b) Yes, it is possible. To do so, the vendor code should be assigned to
the customer master data and the customer code should be
assigned to the vendor master data.
c) Yes, it is possible. You need to activate the flag “Clearing with
vendor” in the customer master data and the flag “Clearing with
customer” in the vendor master data.
d) Yes, it is possible. To do so, vendor code should be specified in the
customer master data and customer code should be specified in the
vendor master data. You need also to activate the flag “Clearing
with vendor” in the customer master data and the flag “Clearing
with customer” in the vendor master data.
D

181
Can SAP calculate and post the interest on arrears for overdue customer
invoices?
a) No, SAP can calculate the interest on arrears but it cannot post it.
The posting needs to be done manually.
b) No, SAP cannot calculate the interest nor post it.
c) Yes, SAP can calculate the interest on arrears and post it.
d) Yes, this is done by the dunning program.
C
182
Can a user do an automatic clearing of all open items of a customer?
a) Yes, the automatic clearing process can do this. It groups the open
items according to the predefined criteria and, if the amounts are
balanced, the clearing is done.
b) Yes, the automatic clearing process can do this. It groups all the
open items of each customer and, if the amounts are balanced, the
clearing is done.
c) No, clearings can only be done manually on each customer
account.
d) Yes, the clearing is done automatically by SAP, when the amounts
are balanced in the customer account.
A
183
How is the dunning level of the invoices updated?
a) The dunning level can be automatically updated by SAP when the
dunning program is run and the invoices are due.
b) The dunning can be updated manually in the invoice by an
accounting clerk.
c) The dunning cannot be updated manually in the invoice by an
accounting clerk.
d) The dunning level is automatically updated by SAP. There is no
need of running the dunning program.
A,B
184
Which of the following characteristics of a document can be determined by
the document type?
a) Account types that can be posted with this document type.
b) Company codes that can be posted with this document type.
c) The number range that the system will assign to the documents
posted with this document type.
d) All the answers are correct.
A,C

185
SAP is going to generate a payment using the payment program. Which
house bank will the program use?
a) If the house bank has been maintained in the vendor master data
and in the open item, the program will use the one maintained in the
vendor.
b) If the house bank has been maintained in the vendor master data
and in the open item, the program will use the one maintained in the
open item.
c) If the house bank has not been maintained in the vendor master
data or in the open item, SAP will use the first house bank entered
in the ranking order of the payment program.
d) If the house bank has not been maintained in the vendor master
data or in the open item, SAP will use the house bank defined in the
paying company code.
B,C
186
Which of the following features depends on the fiscal year variant?
a) The number of posting periods per year.
b) If the periods of the fiscal year variant correspond to the calendar
year.
c) The number of special periods per year.
d) The day of the month, on which the posting period must be opened
and closed.
A,B,C
187
How many parallel currencies can be defined for a company code in SAP?
a) Just one, the company code currency.
b) Just two, the company code currency and the group currency.
c) Up to three.
d) Up to four.
C
188
Is it possible to use withholding tax for customers?
a) Yes, it is possible with the standard withholding tax functionality.
b) Yes, but only if the extended withholding tax functionality is
activated.
c) No, withholding tax cannot be used for customers as we will never
pay them money.
d) Withholding tax codes are not maintained in the customer master
data.
B

189
Posting keys control how the line item will be posted. Which of the
following features are controlled by the posting key?
a) Account type. (Vendor, customer, GL, asset or material).
b) If it is a debit or credit item.
c) If special GL indicator is allowed for the item.
d) Authorization group to control which user can post the item.
A,B,C
190
Which of the following sentences are correct regarding FI (Financial
Accounting) validations?
a) Validations check the values entered by a user and modify these
values if they are wrong.
b) Validations can check the values entered by a user in the header, in
the line items or in the complete document.
c) Validations check the values entered by a user and give an error /
warning message if the values are wrong.
d) Validations can check the values entered by a user in the header
and in the line items, but not in the complete document.
B,C
191
A house bank is defined in SAP. In which related customizing could the
house bank be used?
a) It can be used in the customizing of check management to control
the ranges of checks issued by this bank.
b) It can be used in the customizing of SAP stock market tool to
retrieve stock market index according to the standard specified by
this bank.
c) It can be used in the customizing of payment program to generate
payments according to the standard specified by this bank.
d) It can be used in the customizing of electronic bank statement to
process bank statements according to the standard specified by
this bank.
A,C,D
192
How many charts of depreciation can a company have in SAP?
a) You can assign to a company as many chart of depreciation as you
may need.
b) You can assign to a company charts of depreciation that you need
from the following: Local accounting, Group Accounting, IFRS
Accounting, USGAP Accounting.
c) You can assign to a company just two chart of depreciation (Local
accounting & Group Accounting).
d) You can assign to a company just one chart of depreciation.
D

193
Asset classes can be defined in SAP. Which of the following features are
controlled by them?
a) The number range that will be assigned by SAP to the assets
created under this class.
b) The fields that will be available or mandatory when creating the
asset master data.
c) The GL account determination used by the assets created under
this class.
d) The capitalization date that will be assigned by SAP to the assets
created under this class.
A,B,C
194
Which of the following features are controlled by the depreciation keys
specified in the asset master data?
a) The fields, which are available in the asset master data.
b) To which GL account the depreciation will be posted.
c) How the asset will be depreciated.
d) The useful life of the asset.
C
195
Which of the following features are controlled by foreign currency
valuation methods?
a) The posting document that SAP will use to post valuation exchange
differences.
b) The posting document type that SAP will use to post valuation
exchange rate differences.
c) The date that SAP will use to calculate the exchange rate
differences.
d) The valuation procedure that SAP will use to calculate the exchange
rate differences.
A,B,D
196
Which of the following features are controlled by the interest calculation
indicators?
a) The items that will be used for the interest calculation.
b) The value of the reference interest rates that will be used for the
calculation.
c) The type of calculation that will be used for the calculation.
d) The type of calendar that will be used for the calculation.
A,C,D

197
Please indicate which of the following statements regarding the closing
cockpit are correct.
a) The closing cockpit allows closing the posting period in one step.
b) The closing cockpit allows processing of a sequence of SAP
standard tasks. However, non-standard tasks are not allowed there.
c) The closing cockpit allows processing of a sequence of SAP tasks.
These tasks can be standard SAP tasks or programs developed by a
customer.
d) The closing cockpit displays a calendar with the closing tasks
defined for the company as a reminder, but tasks cannot be
executed from the closing cockpit, they need to be run in another
session.
C
198
Please indicate which of the following statements regarding the balance
interest calculation process are correct.
a) This process allows doing an account balance interest calculation
for G/L accounts based on the value date of the postings.
b) This process allows doing an account balance interest calculation
for G/L accounts based on the posting date of the postings.
c) This process allows doing an account balance interest calculation
for G/L accounts based on the document date of the postings.
d) This process allows doing an account balance interest calculation
for G/L accounts based on the due date of the postings.
A,B,C
199
The 3 call-up points for validation are header, message, and complete
document
a) True
b) False
B
200
What does the recurring entries execution process allow?
a) This process allows the creation of new recurring entries and the
posting of them during the second step.
b) This process allows the posting of the recurring entries pending to
be posted up to the date, on which the process is run.
c) This process allows the posting of the recurring entries, which are
pending to be posted and are included in the settlement period
specified in the selection screen.
d) This process allows parking of the recurring entries, which are
pending to be posted and are included in the settlement period
specified in the selection screen.
C

201
What does the periodic accrual run process allow?
a) This process calculates and posts accruals from the accrual objects
selected on a key date, which is entered on the selection screen.
b) This process allows the reversal of periodic accrual runs.
c) This process calculates accruals from the accrual objects selected
by the criteria entered on the selection screen. Postings need to be
done manually.
d) This process calculates and posts accruals from the accrual objects
selected on the date the program is executed.
A,B
203
Please indicate which of the following statements regarding the
reconciliation process are correct.
a) This process compares the figures from customers, vendors, and
G/L accounts with totals from posted documents. If any differences
are found it, fixes this problem.
b) This process compares the figures from customers, vendors, and
G/L accounts with totals from application indexes. If any differences
are found, it fixes this problem.
c) This process compares the figures from customer, vendor, and G/L
accounts with totals from totals from application indexes. If any
differences are found, the problem needs to be analyzed.
d) This process compares the figures from customer, vendor, and G/L
accounts with totals from posted documents. If any differences are
found, the problem needs to be analyzed.
C,D
204
What does the assets reconciliation process allow?
a) This process compares the figures from the asset summary records
with balances from the G/L accounts corresponding to the asset
balances. If any differences are found, it fixes this problem.
b) This process compares the figures from the asset summary records
with balances from the G/L accounts corresponding to the ordinary
depreciation. If any differences are found, the problem needs to be
analyzed.
c) This process compares the figures from the asset summary records
with balances from the G/L accounts corresponding to the asset
balances. If any differences are found, the problem needs to be
analyzed.
d) This process compares the figures from the asset summary records
with balances from the G/L accounts corresponding to the ordinary
depreciation. If any differences are found, it fixes this problem.
B,C

205
Please indicate which of the following statements regarding the
reclassification of receivables / payables process are correct.
a) If you have customer accounts that are in credit, the program will
reclassify them as payable.
b) Receivables and payables overdue will be reclassified as doubtful.
c) If you have vendor accounts that are in debit, the program will
reclassify them as receivable.
d) Receivables and payables are sorted in short term/ long term
according to the remaining term and the required transfer postings
are carried out.
A,C,D
206
Please indicate which of the following statements regarding the foreign
currency valuation process are correct.
a) This process carries out valuation of the open items in foreign
currency. The generated exchange rate difference must be posted
manually as this process does not allow the automatic posting of
the exchange rate difference.
b) This process carries out valuation of the open items in foreign
currency. The generated exchange rate difference is posted as
exchange rate difference.
c) The balances of the G/L accounts in foreign currency are valuated;
the generated exchange rate difference must be posted manually as
this process does not allow the automatic posting of exchange rate
difference.
d) The balances of the G/L accounts in foreign currency are valuated;
the generated exchange rate difference is posted as exchange rate
difference.
B,D
207
Sub-numbers are independent assets from their parent assets in terms of
retirement
a) True
b) False
A

208
Please indicate which of the following statements regarding the balance
carry forward for general ledger process are correct.
a) This process calculates the balance carried forward for GL
accounts for the general ledger or for any other ledger. The
balances of the previous year are carried forward to the next year. If
a posting in the previous year is done afterwards, it will be
automatically carried forward to the current year.
b) This process calculates the balance carried forward for GL
balances of the previous year are carried forward to the next year. If
a posting in the previous year is done afterwards, this process
needs to be run again to carry forward the new balance.
c) This process calculates the balance carried forward for GL
balances of the previous year need to be posted manually in the
next year.
d) This process clears the GL open items and recreates them again in
the next year.
A
209
Please indicate which of the following statements regarding the process of
opening and closing periods are correct.
a) This process allows opening a new posting period. In order to do so
the previous posting period needs to be closed, as no more than
one posting period can be opened at a time in SAP.
b) In this process a new posting period can be opened, just for a type
of accounts (i.e. vendors).
c) In this process a new posting period can be opened, just for a group
of users.
d) In this process the special posting periods can be opened.
B,C,D
210
Is the same set of input fields available during the creation of various asset
master data records?
a) It depends on the asset class that the user is using; if it is the same,
the screen will have the same fields.
b) It depends on the company code that the user is using; if it is the
same, the screen will have the same fields.
c) It depends on the chart of depreciation that the user is using; if it is
the same, the screen will have the same fields.
d) It depends on the account determination that the user is using; if it
is the same, the screen will have the same fields.
A

211
During the modification of an asset master data, which depreciation areas
can be used?
a) We can use as many depreciation areas as we wish, choosing
between the different depreciation areas that have been defined in
the customizing.
b) Depreciation areas are assigned according to the customizing done
to the chart of depreciation and they cannot be changed. If needed
they can be deactivated.
c) Depreciation areas are assigned according to the customizing done
to the asset class, but they can be changed by a user. If needed,
they can be deactivated.
d) Depreciation areas are assigned according to the customizing done
to the asset class and they cannot be changed. If needed, they can
be deactivated.
D
212
How the depreciation start date is determined?
a) The depreciation start date is the day of creation of an asset master
data.
b) The depreciation start date is assigned by the system when an
asset is capitalized, but this date can be changed in the asset
master data.
c) The depreciation start date is assigned by the system when an
asset is capitalized, and this date cannot be changed by a user.
d) This date is entered by a user during the creation of an asset master
data.
B,D
213
Is it possible to post documents only to certain depreciation areas of an
asset?
a) Yes, it is possible, but you must post to at least one real
depreciation area.
b) Yes, it is possible, and you do not need to post to at least one real
depreciation area.
c) No, it is impossible. If you post a document to an asset, you must
post it to all the active depreciation areas of the asset.
d) It depends, if the asset has not yet been capitalized, you can do so.
A

214
An asset has started its depreciation and a following addition to the asset
is done. What happens to the asset depreciation?
a) It is needed to run the depreciation recalculation process that will
recalculate the planned depreciation for the following months
considering the new addition.
b) SAP will recalculate automatically the planned depreciation for the
following months considering the new addition.
c) SAP will not change the planned depreciation, but the date of
depreciation end will be automatically changed in order to
depreciate the asset until it is completely depreciated.
d) The user will need to reverse the already posted depreciation and
then recalculate the planned depreciation to post it from the
beginning.
B
215
When it might be necessary to run the recalculation of depreciation?
a) When the depreciation key is changed in an asset master data.
b) When there is an addition to an already depreciated asset.
c) When there is a retirement to an already depreciated asset.
d) When the useful life is changed in an asset master data.
A,D
216
An asset has been sold. Which of the following statements is correct?
a) SAP will post as revenue the amount of the sale.
b) SAP will post as revenue the difference between the amount of the
sale and the net book value, if the sale amount is bigger than the net
book value.
c) SAP will set the asset as deactivated and no further postings to the
asset will be permitted.
d) SAP will post as loss the difference between the amount of the sale
and the net book value, if the sale amount is lower than the net book
value.
B,C,D
217
Please indicate which of the following statements is correct regarding the
usage of assets under construction.
a) In order to convert the asset under construction into the final asset,
a user has just to change the asset class to the final one.
b) One asset under construction can be settled into several different
assets.
c) One asset under construction can be settled into objects different
than an asset.
d) When one asset under construction is settled, the asset master data
is deactivated.
B,C,D

218
Please indicate which of the following statements regarding the partial
retirement without revenue are correct?
a) SAP will not allow the retirement if an asset is fully depreciated.
b) SAP will not post anything as loss if an asset is fully depreciated.
c) SAP will mark an asset as deactivated and no further postings to the
asset will be permitted.
d) SAP will post a percentage of the net book value as a loss; this
percentage equals to the retired percentage.
B,D
219
An asset from one company code of the group is transferred to another
company code of this group. Which of the following possibilities do we
have regarding the revenue of the transfer?
a) Transfer of the asset without a revenue in the sending company
code.
b) Transfer of the asset with a revenue entered manually by a user in
the sending company code.
c) Transfer of the asset with the net book value from a depreciation
area entered manually by a user in the sending company code.
d) Transfer of the asset with the revenue, which equals to the cost of
the asset when it was bought in the sending company code.
A,B,C
220
Which of the following sentences regarding the depreciation run are
correct?
a) During the depreciation run SAP posts the depreciation for the
assets to different accounts depending on the account
determination, which was specified in the assets master data.
b) During the depreciation run SAP post the depreciation for the
assets to different accounts entered on the selection screen of the
depreciation run.
c) During the depreciation run SAP post the depreciation for the
assets to the CO (Controlling) objects entered on the assets master
data.
d) If during the depreciation run SAP issues an error message for a
certain asset, the depreciation can be restarted for this asset.
A,C,D

221
Which of the following sentences regarding batch input sessions are
correct?
a) It is a technique to process large amounts of transactions. It can be
generated by standard SAP programs or by non-standard SAP
programs. It can be processed in foreground or in background.
b) It is a technique to process large amounts of transactions. It can be
generated by standard SAP programs or by non-standard SAP
programs. It can be processed in background, but not in
foreground.
c) It is a technique to process large amounts of transactions. It can be
generated by standard SAP programs but not by non-standard SAP
programs. It can be processed in in foreground, but not in
background.
d) It is a technique to process large amounts of transactions. It can be
generated by standard SAP programs but not by non-standard SAP
programs. It can be processed in foreground or in background.
A
222
What is the Central User Administration (CUA)?
a) It is an automatic process that creates SAP users for the employees
hired in SAP HCM (Human Capital Management).
b) It is a tool that allows an administrator to create the necessary roles
for the users only once. Afterwards the CUA replicates these roles
to all systems in the landscape.
c) It is a tool that allows an administrator to manage an employee’s
master data in SAP HCM and assign each employee a user id.
d) It is a tool that allows an administrator to create the user ids and
assign them authorization roles only once. Afterwards the CUA
replicates these users to all systems in the landscape.
D
223
Which of the following sentences regarding an IDOC is correct?
a) An IDOC is document format for transferring the data for a business
transaction.
b) An IDOC has one or several control records and one or several data
records of different types.
c) An IDOC has one control record and one or several data records of
different types.
d) An IDOC has a different format depending on the business
transaction that is being transferred.
A,C,D

224
Which of the following sentences regarding ALE (Application Link
Enabling) is correct?
a) ALE allows the construction of distributed systems that exchange
business messages between different systems.
b) In the distribution model, different systems that can take part in the
distribution are defined as well as message types, which they can
accept.
c) In the distribution model, we need to define the partner profiles that
will take part in the distribution, this partner profiles need to be
other SAP systems.
d) In ALE SAP logical systems can be defined as partner profiles.
A,B,D
225
Which of the following statements regarding a spool request are correct?
a) A spool request is a process in SAP of sending the results from a
program to a particular output device.
b) A spool request is stored in the spool system to temporarily hold
the print data and to access it.
c) In spool request the data is stored in a temporary format, which can
be displayed by a user.
d) A spool request is a document for which a print function has been
selected. However, it has not yet been sent to a printer or another
device.
B,C,D
226
Which of the following statements regarding LSMW are correct?
a) LSMW stands for Link System Management Workbench. It is a tool
that monitors the links between the different SAP systems of the
landscape.
b) LSMW stands for Legacy System Migration Workbench. It is a tool
that allows the upload of information in SAP using IDOCs.
c) LSMW stands for Legacy System Migration Workbench. It is a tool
that allows the upload of information in SAP using batch input
sessions.
d) LSMW stands for Legacy System Migration Workbench. It is a tool
that allows the upload of information in SAP using direct inputs.
B,C,D

227
Which of the following statements regarding an SAP job are correct?
a) A job is a background process that runs just one SAP program.
Usually it used to run programs that would take a lot of time on
foreground processing.
b) A job can be scheduled to start when another job finishes.
c) A job is a background process that runs just one or more SAP
programs. Usually it used to run programs that would take a lot of
time on foreground processing.
d) A job can be scheduled with a start date and time on which it starts.
B,C,D
228
Which of the following statements regarding the financial statement
version are correct?
a) Each company code has one financial statement version assigned,
which corresponds to the legal financial statement that the
company needs to deliver to the local authorities.
b) Each GL account can only be assigned to one financial statement
version.
c) All GL accounts of a company code must be assigned to a financial
statement version; otherwise the statement could be unbalanced.
d) One GL account can be assigned to more than one financial
statement version.
C,D
229
What is generated by the advance return for tax on sales/purchases?
a) It generates a VAT (Value Added Tax) report including all the input
and output taxes posted in the company during a certain period of
time.
b) It checks and ensures that the VAT posted to the vendors or
customers has been correctly calculated.
c) It can post the VAT liquidation according to the account configured
in the customizing.
d) It can generate a DME (Data Medium Exchange) file for the VAT
liquidation report for the local authorities.
A,C

230
Which of the following statements regarding EC (European Community)
Sales list are correct?
a) It is a report that deals with standard documents, whose output VAT
codes were marked as EC in configuration, to obtain a sales list.
b) This report cannot display the line items if needed.
c) It issues an EC Sales list report that can be adapted to the
requirement of the local authorities of each country.
d) It checks that the VAT registration number of the customer is
contained in the document. Otherwise it gives an error message and
information that this document is not listed in the report.
A,C,D
231
What does the Asset history sheet display?
a) It can display the asset acquisitions and retirements transactions
for a certain year.
b) It can display the total amount of depreciation posted for each asset
class during the year.
c) It can display the total amount of the book value for each asset
class at the beginning of the year and at the end of the year.
d) It can display the total amount of the book value for each asset at
the beginning of the year and at the end of the year.
B,C,D
232
Transaction Type Groups can be user defined, and are changeable.
a) True
b) False
B
233
Asset Classes must be created for assets under constructions and low
value assets.
a) True
b) False
B
234
More than one Depreciation areas can be Mapped to post to GL
a) True
b) False
A

235
Which of the following are True?
a) The screen layout rule table defines field status, maintenance level,
and number ranges for the assets
b) The evaluation group fields labels can be changed in configuration
c) One of the key factors in determining whether to use one client or
multiple clients for a live system, is the amount of data sharing
required by the company
d) Maintenance levels of the asset are only at the asset class and main
asset number levels.
B,C
236
Capitalization Date is created by the posting date
a) True
b) False
A
237
Asset classes consist of two main sections – a master data and valuation
section.
a) True
b) False
A
238
Business areas are independent of company codes in configuration
a) True
b) False
A
239
a) All errors must be resolved before the Depreciation can post in 4.7
and above
b) Only real CO objects can be posted, although statistical postings
can be made to other objects.
c) Depreciation can be posted to the day, given that the proper setting
is made in the depreciation Key
d) Document types are not necessary for periodic APC postings
e) Document types are necessary for real-time postings
f) Sort characteristics for asset reports can include up to 10 different
fields
A,B,C

240
a) Simulations can be done using both, asset explorer and reporting
b) Simulation versions can either use substitutions or characteristics
combinations
c) Message settings for validations are information, warning, error,
and cancel
d) The character for wild card values in validation messages is “&”
e) Comparisons in validations can be included partial field
comparisons, field constants comparisons, and pattern
comparisons
A,B,C,
D,F
241
a) If workflow is not desired, worklists should not be assigned to any
specific user
b) Only one field can be substituted for any given step
c) Substitutions can be entered in the form builder or expert modes, or
both
d) The 4 types of mass processing are: master data changes,
retirements, transfers, and scrapping
e) Assets are considered to be sub-ledgers to GL
A,C,E
242
Multiple company codes can share the same asset
a) True
b) False
B
243
The 3 call-up points for validation are header, line item, and company code.
a) True
b) False
B
244
SAP delivers Depreciation Areas 10 for standard cost accounting entries.
a) True
b) False
B
245
Asset classes are used as template for the creation of asset master
records in a company code.
a) True
b) False
A

246
Number ranges for asset master records are independent of organizational
object
a) True
b) False
F
247
There are only 4 types of mass processing
a) True
b) False
B
248
Assets can be attached to more than one Cost Center in case two or more
Cost Centers manage the asset.
a) True
b) False
B
249
Which one of the following is a type of mass processing
a) master data changes
b) retirements
c) retirements without revenue
d) transfers
e) scrapping
f) All
g) None
F
250
The account determination Key provides account assignment by the
combination of chart of depreciation and chart of accounts
a) True
b) False
A
251
Acquisition Transaction Types determine whether an asset will be
capitalized or not.
a) True
b) False
A

252
A Depreciation area can manage more than once currency
c) True
d) False
B
253
A Chart of depreciation is used to map asset values to the G/L
a) True
b) False
A
254
Number Ranges for Asset Master Records can be shared by company
codes in Asset accounting
a) True
b) False
A
255
In New GL, how would you incorporate companies with different fiscal
years if you wanted to assign them to the same controlling area?
a) 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.
b) Create company codes with different fiscal year variants and assign
them to the same group company for reporting purposes.
c) Use the same fiscal year variant for all company codes and set up
parallel accounting for company codes that have different fiscal
years
d) Use the same fiscal year variant for all company codes and do a
reversible close for the company codes that have different fiscal
years.
A
256
Good receipts can be set as a non-valued transaction
a) True
b) False
A
257
Retirements with revenue constitutes a true revenue to the company
selling the asset
a) True
b) False
B

258
Asset Classes control number range assignment for documents, screen
layouts, and account determination rules.
a) True
b) False
B
259
Charts of Depreciation are managed at the Client Level.
a) True
b) False
A
260
Asset Classes can have default values set for Depreciation Keys, useful
life, and screen layouts rules.
a) True
b) False
A
261
SAP delivers Depreciation Areas 20 for standard cost accounting entries.
a) True
b) False
A
262
At what code level Asset Classes are managed?
a) Client Level
b) Company Level
c) Business Area Level
d) All
A
263
Number Ranges for Asset Master Records can be assigned
a) Internally and externally
b) Internally or externally
c) Externally only
d) Internally only
B
264
Transaction type groups used for reporting purposes as well as restricting
asset transactions to certain Class.
a) True
b) False
A

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