QUESTION 401
(Fl-Postings] Allocation Field: One or more is correct
A. Is an additional reference field for line items.
B. Can get more information on entry by displaying the document
C. Is either filled automatically (sort key in the master Record) or manually (entry in a line item).
D. Line items can be sorted In the account group directory by the content of the Allocation field
402. The G/L account becomes a complete G/L account
a. if we have added the company code segment to chart of account segment
b. if we have created both company code segment and chart of account segment centrally
c. if we have created chart of account
d. if we have copied the chart of account segment from other company code
403. If we are using the same chart of account in more than one company code
a. the company code segments are same in all company codes
b. the account name and account number is the same in all company codes
c. the currency in company code segment in all company codes is the same
d. the group account number is different in all company codes
404. The appearance of the company code segment of a G/L account is based on
a. account group entered in the chart of account segment
b. group account number entered in chart of account segment
c. assignment of group chart of account in chart of account
d. none of the above
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405. The appearance of an account master data is based on
a. account number
b. field status
c. chart of account
d. none of the above
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406. Creation of duplicate accounts in A/P can be prevented by using
a. the match code before creating the new account
b. sensitive dual control
c. switching on automatic duplication check
d. none of the above
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407. Which of the following statements are true, when you are considering the major controls of document types
a. the account types allowed for postings
b. the field status of head text and reference number
c. posting keys
d. none of the above
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408. Which of the following statements are true
a. posting keys are defined at client level
b. account types allow line item postings based on the posting key
c. field status definition ‘suppressed’ and ‘required’ cannot be combined
d. field status groups are examples of variant principle
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409. By mentioning the base line date, cash discount periods, and cash discount percentage rate in payment terms, system will calculate
a. due date of the invoice and cash discount
b. due date only
c. cash discount only
d. none of the above
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410. R/3 system contains
a. data base server only
b. application server only
c. presentation server only
d. all of the above
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411. All data and programs are contained in
a. application server
b. database server
c. none of the above
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412. SAP business object consists of
b. methods
c. attributes and methods
d. none of the above
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413. Maximum number of sessions a user can open when he logs on to SAP
a. one
b. three
c. five
d. six
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414. Fiscal year can be
a. year dependent
b. year independent
c. both year dependent and year independent
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415. Fiscal year which is a calendar year can have
a. 12 normal periods
b. less than 12 normal periods
c. more than 12 normal periods
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416. Shortened fiscal year can have
a. 12 periods
b. more than 12 periods
c. less than 12 periods
d. should have less than 12 periods
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417. Company code can have
a. one local currency only
b. two local currencies
c. any no. of local currencies
d. none of the above
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418. Postings in a company code are done in G/L account of
a. consolidation chart of accounts
b. operative chart of accounts
c. country chart of accounts
d. all of the above
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419. Retained earnings account is
a. specific to company code
b. specific to client
c. specific to chart of accounts
d. none of the above
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420. Which of the following statements is true
a. company can use indirect exchange rate only
b. company use direct exchange rate only
c. company can use both direct and indirect exchange rates
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421. State which of the following is true in relation to SAP features
a. business areas are company code specific
b. business areas are assigned to company codes
c. business areas are used for reporting across company codes
d. none of the above
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422. Posting in a G/L account is controlled by
a. account group of the G/L account
b. field status group in the chart of accounts segment
c. field status group in the company code segment
d. all of the above
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423. Which of the following is true
a. company code can have one retained earnings account only
b. company code can have more than one retained earnings account
c. chart of accounts can have more than one retained earnings account
d. chart of accounts can have one retained earnings account only
e. none of the above
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424. Which of the following is true
a. account group controls the document field status
b. account group controls the number range of G/L accounts
c. account group controls the master record field status
d. all of the above
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425. Which of the following are correct with respect to your G/L account house bank name
a. the g/l account house bank name shall be the same as in the bank directory
b. the g/l account house bank name need not be the same as the bank’s name in the bank directory
c. the g/l account house bank name is user-definable
d. the g/l account house bank name is defined at the chart of account level
e. the g/l account house bank name is modifiable at the company code
segment of the chart of accounts
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426. The G/L account for a bank is linked to
a. a house bank
b. many house banks
c. one house bank p0lus one account id
d. one house bank plus multiple account ids in the same bank
e. many house banks and many account ids
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427. One bank account is mapped in SAP to
a. account id
b. house bank
c. bank key
d. G/L account
e. Country plus bank key
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428. Every company code can have following combinations as chart of accounts (COA)
a. one operating COA and many group COAs
b. many operating COAs and one group and one alternate CoA
c. one operating COA and one alternate COA
d. one operating, one group and one alternate COA
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429. Each G/L account code in group COA can be mapped to following no. of account codes in operating COA
a. only one account code
b. maximum three account codes
c. many account codes
d. it cannot be mapped
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430. Each account code in alternate COA can be mapped to following no. of account codes in operating COA
a. only one account code
b. maximum three account codes
c. many account codes
d. it cannot be mapped
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431. Following fields form part of the chart of account segment of a general ledger account master
a. account currency
b. account group
c. field status group
d. option to state whether it is a balance sheet or profit and loss type account
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432. Customer master has following segments
a. chart of account segment
b. general data segment
c. purchase organization segment
d. accounting data segment
e. sales organization data segment
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433. The relationship between house bank and account id is the following
a. one to one
b. one to many
c. many to one
d. many to many
e. no relationship
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434. Business area once defined is available for use to
a. all company codes in the client
b. all company codes in all the clients
c. only to the company codes to which the business area is assigned to
d. all company codes assigned to the company to which the business area is assigned
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435. If a general ledger account is defined using a sample account, following data is referenced from the sample account
a. the control data in COA segment
b. only company code segment data
c. only account control and account management data in company code segment
d. entire master data
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436. While creating a sample account, following information may be entered
a. only company code segment data
b. only COA segment data
c. both COA segment and company code segment data
d. only account control and account management data from company code segment
e. only control data of COA segment
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437. A G/L account can be blocked for the following purposes
a. from creating in company codes
b. from posting in all company codes
c. from posting in selected company codes
d. cannot be blocked at all
e. if blocked, is blocked for all the purposes in all the company codes
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438. Customer and vendors are defined in SAP at following level
a. at company code level
b. at client level
c. at controlling area level
d. at company level
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439. Which of the following is true in terms of vendor and customer master
a. various account groups can have same no. range
b. one no. range can be allotted only to one account group
c. one account group can have only one no. range
d. one account group can have either external or internal numbering system
e. one account group can have one internal and one external numbering
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440. A customer account can be blocked for the following purposes
a. from creating in company codes
b. from posting in all company codes
c. from posting in selected company codes
d. cannot be blocked at all
e. if blocked, is blocked for all the purposes in all the company codes
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441. 2. In the payment process, automatic options to the users are
a. select open invoice to the paid or collected, and post payment documents
b. post payment documents and print payment media
c. select open invoices to be paid or collected, post payment documents and print payment media
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442. Which of the statements on payment program are correct
a. there are four steps in payment process: parameters, proposal program run, print
b. once the parameters have been specified, the print program is scheduled to generate the print
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443. The maximum dunning levels can be defined in dunning procedure are
a. four
b. six
c. nine
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444. Individual value adjustment for doubtful receivables are possible
a. through special G/L transaction
b. through normal transaction
c. both of the above
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445. Foreign currency valuation is possible
a. only for vendor/customer open items
b. only balance sheet items (G/L items)
c. both of the above
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446. Depreciation postings can be executed
a. through background processing (batch input session)
b. direct FI postings
c. any one of the above
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447. Account groups are used to control the following properties
a. field status of transaction fields
b. field status of master fields
c. field status of master fields and number range
d. field status of master fields, number range and whether accounts are p&L or B/S
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448. You can post transactions to an account in any currency only if
a. account currency is not maintained
b. account currency is same as local currency of the company code
c. account currency is different from company code currency
d. under all circumstances
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449. You can carry forward P&L account balances to
a. Multiple retained earnings accounts, automatically
b. Single retained earnings account, automatically
c. Multiple retained earnings accounts, through period end processing
d. Single retained earnings accounts, through period end processing
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450. Default exchange rate picked up during FI document is
a. exchange rate maintained for type ‘B’
b. exchange rate maintained for type ‘M’
c. exchange rate maintained for type ‘G’
d. there is no default exchange rate type
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