a. The original document contains no cleared line items.
b. Documents originating in other modules should be corrected
there to allow the changes to flow naturally through to financial accounting.
c. If a reversal date is not specified, the system reverses
the document using the posting date of the document to be reversed.
d. A new document number is created for the reversal
document.
2) Choose the correct statements regarding recurring documents.
a. When creating a recurring document, the valid time
period must be defined.
b. The posting date is determined by either the run date
or the run schedule.
c. Field values can be changed in recurring document.
d. After running the recurring document posting, the
next run date cannot be displayed.
e. The original recurring document can be deleted from
the batch input menu.
3) Bulk change of line item - this function allows you to change a whole group of line items simultaneously, instead of having to change individual items in the documents. What data can you change using this function?
a. The reconciliation account
b. The company code
c. The payment terms and payment block
d. The house bank and payment method
4) Which of the following statements are correct?
a. Posting keys are used to define the screen layout for
document entry and take priority over other field status groups.
b. Validations and substitutions can be carried out in
FI but not in the Special Purpose Ledger
c. The main purpose of a payment advice note is that
it can be used to automatically search for and then compare open items
as part of the clearing process, thus eliminating the need to make individual
selection entries.
d. Two of the currencies available in the FI system are
the transaction currency and the company code currency, these are defined
at country level within configuration.
5) Which of the following statements in correct?
a. The field status definition controls the Document type,
Posting key and Account number.
b. The documents number assignment can be controlled
using the Account type.
c. The tax rates and tax codes for the various countries
are predefined by SAP.
d. The field status definitions determine the screen
layout, when you enter a document using the relevant G/L account.
e. The document type controls which company code is used
in a G/L posting.
6) What controls whether a line item is a debit or credit and specifies the type of account for a line item.
a. Posting key.
b. Document type
c. Account group
d. Field status
7) What controls the number assignment assigned to a financial document in R/3?
a. The number range assigned to the account group.
b. The number range assigned to the document type
c. The number range assigned to the Posting key
d. The field status group
8) Closing of period is controlled by
a. Posting Period variant.
b. Fiscal year variant.
c. Field status variant.
d. Closing period variant.
9) Where are the posting period defined?
a. Posting period variant.
b. Fiscal year variant.
c. Field status variant
d. Closing period variant
10) What is the difference between distribution and assessments?
a. Distribution can be made for both planned and actual
figures; assessments cannot.
b. Distributions can be made using statistical key figures;
assessments cannot.
c. Distributions are used when the original cost information
is necessary on the receiver; assessments are used when this information
is not necessary on the receiver.
d. Distributions are made using the original primary
cost elements; assessments are made using secondary cost elements.
11) Out of the following select the right answers
a. Cost element category controls FI posting only.
b. Cost element is a must for all GL accounts
c. All P&L GL accounts except tax accounts should
be cost element.
d. All cost elements are linked to Activity type.
12) Activity types can be
a. restricted for a single cost center directly
b. created for a restricted period only
c. created with primary cost element assignment
d. All activity types are used in Cost center planning
without any restriction.
e. Planning of price is done for a activity for all cost
centers
13) Select out of the following which statements are correct.
a. Cost center can be defaulted in all FI line items in
all GL accounts
b. Internal order can be defaulted in all FI line items
in all GL accounts
c. Cost center can be defaulted in GL accounts provided
it is assigned to company code.
d. Cost center is linked to company code as Chart of
accounts is linked to the same company code.
e. Time dependent data is possible in Cost center, cost
element, Activity type and SKFs
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Answers:
1) a, c, d
2) a, b
3) c, d
4) c
5) d
6) a
7) b
8) a
9) b
10) c, d
11) c
12) b
13) c
