11. SAP FI CERTIFICATE PRACTICE Q AND A

0
79

QUESTION 201
The detail list of the calculation methods assigned to a depreciation key can be called directly from (one or more can be true)

A. Transcation code AFAMA
B. Asset master record
C. Asset Explorer
D. Transcation code AFAMF
Show Answer

QUESTION 202
Which application areas use both validations and substitutions;

A. Financial accounting)
B. CS(Consolidations)
C. PC(profit center accounting)
D. CO(cost accounting)
E. PS(Project systems)
Show Answer

QUESTION 203
Cross-company depreciation areas: check the below statements that are true

A. You can assign depreciation areas from different charts of depreciation to the same cross- company depreciation area.
B. define a cross-company depreciation area for all other depreciation areas that are transferred, even if the depreciation area keys are not the same or same.
C. Cross-company depreciation areas do not have their own control parameters.
Show Answer

QUESTION 204
CORRECT TEXT
The program directly posts to the G/L accounts and additional account assignment objects

A.
B.
C.
D.
Show Answer

QUESTION 205
You can manage the under construction phase in FI-AA in the following ways

A. As an asset master record with line item management.
B. As a normal asset master record (for summary settlement).
Show Answer

QUESTION 206
The system supports the following direct types of depreciation

A. Unplanned depreciation
B. Ordinary depreciation
C. special depreciation
Show Answer

QUESTION 207
What is external acquisition?

A. Acquisition of an asset from business partner
B. The capitalization of goods or services that are partially or completely produced in your own enterprise
Show Answer

QUESTION 208
The invoice arrived before the asset and asset has already been delivered but the invoice has not are the reasons for what?

A. Reasons for not making integrated postings(non-integrated posting)
B. Reasons for making integrated postings(integrated postings)
Show Answer

QUESTION 209
According to Depreciation area: which of the following statements are true

A. can define per depreciation area how to post the asset balance sheet values and depreciation to the general ledger accounts
B. Depreciation areas are identified in the system by a two-character numeric key
C. can also define depreciation areas for reporting reasons only.
D. can calculate different values in a depreciation area for a specific purpose
E. can define for each depreciation area how posting values and depreciation terms should be transferred to other areas.
Show Answer

QUESTION 210
CORRECT TEXT
Calculation methods replace the internal calculation key of the A.
B.
C.
D.
Answer: depreciation key[/read]

QUESTION 211
There are different ways of posting retirements:

A. With or without revenue (scrapping)
B. As full or partial retirement
C. With or without customer
D. As mass retirement
E. As retirement of several assets
F. With or without vendor (non-integrated)
Show Answer

QUESTION 212
Important ALV functions

A. Its user-friendly characteristics support the dynamic creation of layouts.
B. There is a new graphical design, which makes it even simpler to process and display lists and reports using the List Viewer grid control.
Show Answer

QUESTION 213
CORRECT TEXT
Establish the dimensions that can be used in the definition of validations, substitutions, and rules A.
B.
C.
D.
Show Answer

QUESTION 214
A validation/substitution can be valid for several company codes at the same time

A. True
B. False
Show Answer

QUESTION 215
According to the Aseet Explorer:

A. You cannot start reports from within the Asset Explorer
B. With have to back to the Asset value display to use the Asset Explorer to create a preview of how the values for individual assets will develop by means of simulated transactions and/or simulated depreciation terms.
C. The Asset Explorer offers extensive possibilities for evaluating individual asset master records.
Show Answer

QUESTION 216
The transaction type specifies which of the following are updated: (one or more options)

A. Asset balance sheet accounts
B. none of the above
C. Depreciation areas
D. Value fields
E. Depreciation terms
Show Answer

QUESTION 217
If the prerequisite statement is satisfied (TRUE), a check is performed. If the result of the check is FALSE, the system posts a message.

A. True
B. False
Show Answer

QUESTION 218
G/L Accounts for Integrated Asset Acquisition: When you post to a vendor or an asset account, the relevant general ledger accounts (payables and fixed assets) are automatically updated at the same time

A. True
B. False
Show Answer

QUESTION 219
CORRECT TEXT

—————are specific places in an application that specify the exact location where a validation/ substitution occurs.

A.
B.
C.
D.
Show Answer

QUESTION 220
The integration of subsidiary ledgers with the general ledger is as important as the integration of……………
and functions.

A. Accounts payable and accounts receivable
B. Accounting and logistics
C. Accounts payable and logistics
D. Accounting and asset accounting
Show Answer

QUESTION 221
CORRECT TEXT

One of the main tasks of Asset Accounting is to represent the in the detailed form of an
asset history sheet.

A.
B.
C.
D.
Show Answer

QUESTION 222
What are the operators that are available for matrix validation or matrix substitution

A. GROUP BY
B. MIN()

C. SUM()
D. AVG()
E. MAX()
Show Answer

QUESTION 223
CORRECT TEXT
What is the quickest way to look at the changes in value of one asset for the next five years? A.
B.
C.
D.
Show Answer

QUESTION 224
Currency is a required field entry while creating G/L master

A. False
B. True
Show Answer

QUESTION 225
It is possible to get the report of customers created by a user in a company code

A. True
B. False
Show Answer

QUESTION 226
Posting key is linked to field status in Fl posting

A. True
B. False
Show Answer

QUESTION 227
Customer makes multiple checks for one invoice, and hands it over to the company which is running with SAP with all modules. It is not possible to enter in SAP by keeping all the check details and updating against one invoice

A. True
B. False
Show Answer

QUESTION 228
It is not possible to create a due date for a down payment

A. False
B. True
Show Answer

QUESTION 229
Clearing does not create any document

A. True
B. False
Show Answer

QUESTION 230
Partial payment creates another entry without any link to the original entry

A. False
B. True
Show Answer

QUESTION 231
Payment terms are company code dependent

A. True
B. False
Show Answer

QUESTION 232
We cannot control the postings to the G/L by way of tax codes entry for a G/L account

A. False
B. True
Show Answer

QUESTION 233
Reconciliation account definitions are available in general data of vendor master

A. False
B. True
Show Answer

QUESTION 234
Down payment creates another entry without any link to the original entry

A. True
B. False
Show Answer

QUESTION 235
SAP cannot automate the payment method entry into the vendor invoice entry screen

A. True
B. False
Show Answer

QUESTION 236
It is a real problem in SAP-in financial statement version we are not able to find the G/L accounts which are not assigned

A. False
B. True
Show Answer

QUESTION 237
Tax codes are time dependant

A. True
B. False
Show Answer

QUESTION 238
All special G/L transactions are posted to G/L accounts

A. False
B. True
Show Answer

QUESTION 239
Payment request clears the entries in AP and AR

A. False
B. True
Show Answer

QUESTION 240
It is not possible to use two check series for making payment

A. False
B. True
Show Answer

QUESTION 241
System allows you to enter the date interval from and to- in case of foreign currency translation rates

A. True
B. False
Show Answer

QUESTION 242
Physical inventory is a MM/PP module transaction and hence no accounting entry is passed in G/L but real stock is adjusted in MM/PP

A. True
B. False
Show Answer

QUESTION 243
It is user definition whether SAP will control the open item selection

A. True
B. False
Show Answer

QUESTION 244
We cannot create manual checks for payment to business partners and update in the system

A. False
B. True
Show Answer

QUESTION 245
It is not possible to calculate the due date on fixed dates like end of month with days calculation

A. False
B. True
Show Answer

QUESTION 246
All Fl entries will be repeated in CO module also

A. False
B. True
Show Answer

QUESTION 247
It is possible to define the standard translation method of foreign currency in the posting key

A. False
B. True
Show Answer

QUESTION 248
Reconciliation account definitions are available in payment data of general data in customer master

A. False
B. True
Show Answer

QUESTION 249
It is not possible to see document currency and company code currency at the same time during document display option

A. False
B. True
Show Answer

QUESTION 250
G/L master record is always for all company codes in the system

A. True
B. False
Show Answer

LEAVE A REPLY

Please enter your comment!
Please enter your name here