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7 Cards in this Set
- Front
- Back
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1. SAP ERP allows for complete and immediate integration between various SAP ERP components and SAP Financial Accounting (FI). Which of the following represent examples of direct integration between the Materials Management (MM) component and FI? (3 correct answers)
a. Requirement planning – invoice verification b. Invoice verification – accounts payable c. Inventory audit – invoice verification d. Purchasing – invoice verification e. Goods issue to production order – GL account |
Answer: B, E
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2. Asset transactions include acquisitions and/or retirement of assets in an enterprise. SAP ERP Financial Accounting offers a simple tool for viewing such asset transactions as well as other asset information and activity. Which of the following allows you to view such asset activity? (one correct answer)
a. Item explorer b. Accounts explorer c. Accounts viewer d. Asset viewer e. Asset explorer |
Answer: E
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3. Financial information from transactions can be immediately integrated between SAP ERP Financial Accounting (FI) and SAP ERP Management Accounting (CO). Your colleagues have asked you to explain how this integration takes place during transactions. Which of the following will you say is true in regards to the integration of financial information from FI to CO? (one correct answer)
a. An additional background job in internal cost accounting without an additional account assignment. b. An online job in internal cost accounting without an additional account assignment. c. A number of condition tables and access sequences d. An additional account assignment with specification of the assignment object e. A batch input job to move the values from one to the other |
Answer: D
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4. During the implementation process, you need to make a configuration decision regarding the operational chart of accounts in SAP ERP Financial Management. Which of the following is true regarding the operational chart of accounts? (one correct answer)
a. To perform allocations between company codes in the controlling area, each company code must be assigned to its own operational COA. b. A company code may work with multiple operational COA. c. If cross company code controlling is required, the same COA must be used. d. Company codes with different base currencies must work with their own operational COA. |
Answer: C
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5. You are creating General Ledger Account master data in SAP ERP Financial Accounting. While creating this GL account, which of the following entries must always be assigned? (3 correct answers)
a. Account group b. Balance sheet or P&L account type c. Short text d. Sample account number e. Group account |
Answer: A, B, C
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6. Organizational levels play an important role in SAP ERP Financial Accounting. Your colleagues have asked you to explain the relationship of the client with various FI components. You explain the client is the highest organizational level in SAP ERP and…(one correct answer)
a. May contain only a single chart of accounts b. Must contain multiple charts of accounts c. Must use only one currency type d. May only have one controlling area |
Answer: B
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7. As part of the implementation team, you need to correctly identify relationships between various organizational levels in SAP ERP. Which of the following will you say is true regarding organizational levels? (one correct answer)
a. A company code can belong to more than one controlling area b. A plant must be allocated to a company code c. A controlling area and the company code must have the same currency d. A business area and company code are assigned to each other in the enterprise structure in IMG |
Answer: B
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