1. The accounting manager wants to limit total amount the certain account staff can post.

In
the SAP system, it is possible to do so by using
1. Posting Key
2. Account type
3. Tolerance limit
4. Posting Period Variant
5. None of the above

2. All transactions in the SAP system generate an accounting document.

T/F

3. It is only possible to carry out cross-company code controlling when all companies using
the same operational chart of accounts
T/F

4. The followings are considred as external users, except

1. Tax Authority
2. Banks
3. Shareholders
4. Journalist Media
5. Controllers
6. All of the above

5. The exchange rates differences will be automatically posted are realized gains or loses.
T/F

6. The following module has direct connection with the Account Receivable Accounting
1. Sales Distribution
2. Material Management
3. Production Planning
4. Human Resource
5. All of the above

7. When posting to Accounting Document, the Company Code can be specified manually.
T/F

8. Terms of payment can be maintained in the following master data, except

1. Customer master data
2. Vendor master data
3. Condition records
4. Material Master
5. All of the above

9. The balance sheet accounts, carry forward the remaining balance to a retained earnings
account while the P&L profit satement accounts carry forward the remaining balance to the
same account.
T/F

10. The following statements are true regarding Currencies in Financial Accounting Module,
except
1. Indirect quotation calculated the local currency for every single unit of the foreign
currency
2. Currency key must be assigned to avery currency used
3. It is possible to calcualte the exchange reate using the base currency and the exchange rate
spread
4. There are only two mehtod in determining exchange rate, which are Direct and Indirect
methods.

11. When performing incoming payment, the payment amount must match exactly with the
open items
T/F

12. The following information is required when creating Company Code, except
1. Language Key
2. Currency
3. Address
4. Country
5. Business Area

13. When a company needs to identify where costs incured with in the organization, the
following CO submodule is needed
1. Profit Center Accounting
2. Cost Center Accounting
3. Profitability Analysis
4. Enterprise Controlling

14. The following fields cannot be changed after the accounting document is posted, except
1. Posting Key
2. Reference Document
3. Amount
4. G/L Account

15. The following submodules belong to the Controlling module, except

1. CO-PA
2. CO-OC
3. CO-PC
4. EC-PCA
5. CO-OM

16. The following statements regarding cash journal is true, except

1. To create cash journal transaction, the GL account field must have business transaction
categories Account Receivable and Account Payable
2. The currency information is required in cash journal
3. It is possible to run several cash journals in one company code
4. None of the above

17. An organization unit that represent a legal entity is called

1. Client
2. Company Code
3. Business Area
4. Funtional Area
5. Cost Center
6. Profit Center

18. The following statement is true regarding chart of accounts in SAP system
1. Chart of accounts code must consist of 4 digits containing combination of numbers and
alphabets
2. Every company node must have chart of accounts assigned to it
3. Information in chart of accounts can be segmented into 4 which are account number, name
of the chart of accounts, control fields, and consolidation fields
4. It the chart of accounts, you must specify the accounts as either profit and loss statement
account and balance sheet account.
5. All of the above
19. The fiscal year that is the sames as the calender year must have only 12 normal periods.

T/F

20. The following segments in vendor master can be accessed througout the company,
except..
1. General Data
2. Company Code Data
3. Purchasing Organization Data
4. All of the above

21. The following are the tolerance group types, except

1. Customer Tolerance Group
2. Vendor Tolerance Group
3. Employee Tolerance Group
4. G/L Account Tolerance Group
5. User Tolerance Group
6. All of the above

22. The following submodules belong to the Financial Accounting module, except
1. Account Receivable
2. Asset Accounting
3. Bank Ledger
4. Travel Management
5. Investment Management

23. It is possible to defined Business Area across several Company Codes.

T/F

24. The following statement is true regarding bank accounts, except

1. Every bank account must be assigned to a specific G/L account
2. Each bank account consist of a combination of account ID and bank ID
3. Every bank that is used by the company must be created in the bank account master data
4. """Bank Category"" is used to differentiate between different banks"

25. The Document types defines the following, except

1. Account types allowed for posting
2. The field status and reference number
3. Number ranges

4. The sales figure is to be updated by the transaction

26. The following report is part of external reporting

1. Product Cost Report
2. Profit Center Report
3. Cost Center Report
4. P&L Statement
5. Contribution Masgin Report

27. The following fileds must be entered when posting cash journal
1. Company Code
2. GL Accounts
3. Document types
4. Document number
5. 4 digits cash journal ID
6. All of the above

28. The following statements are true regarding posting periods, except
1. When posting to accounting, the posting period of the current month must be open
2. During closing, two periods must be open at the same time
3. Different account type can handle different posting periods
4. Authorization group can be assigned to certain user which allow the user to post in the
first period interval
5. The system determine the posting period and fiscal year based on the document date

29. In every Company using SAP ERP, Business Area must be defined.
T/F

30. If users posted an incorect information in an accounting document, it is possible do delete

the document as long as the posting period is still open.\
T/F

31. The following can be used to cerate Bank master data

1. Using Create Bank transaction in the AP/AR master data menu
2. Using batch input
3. Imported from file using program RFBVALL_0
4. Maintaining the bank information in the customer and vendor master data

5. All of the above

32. The following statements are true regarding document reversal, except
1. There are only two ways to reverse accounting documents which are normal reversal
posting and negative posting
2. Negative posting only possible if the company code permits negative postings
3. Reversal reason must be entered when performing negative reversal
4. Normal reversal posting posted the incorect debit as a credit &the incorect credit as a debit
5. None of the above

33. The following determine the assignment of an external or an internal number range for
vendor and customer master...
1. Company Code
2. Account Groups
3. Status Fields
4. Organization Segment

34. In order to allow the system to default certain field values, SAP user must maintain the
values in
1. User profile
2. Authorization
3. Parameter ID
4. System profile

35. In SAP, it is possible to accommodate a situation where a customer branch office places
the order and the head office pay the order using
1. Alternative payer/payee function
2. Account Groups
3. Head Office and branch accounts
4. IBAN
5. All of the above

36. The followings information can be used to identified an accounting document, except
1. Client
2. Company Code
3. Document number
4. Fiscal Year

37. When user posts to expense account in Financial Accounting Module, the Controlling
module shall automatically record the transaction as cost.
T/F

38. The following statement is true regarding Cost Center Accounting

1. Cost centers must be assiged to a cost center type
2. It is possible to group several cost centers to provide summary cost information
3. Cost centers can be defined based on area of responsibility
4. The name of person responsible for cost center can be entered in the cost center master
record
5. All of the above
6. None of the above

39. The following statement is not true regarding reconciliation accounts

1. Reconciliation accounts are G/L accounts only assigned to business partners such as
vendor and customer
2. There are two account types that must be selected when creating a reconciliation accounts
which are Accounts Receivable and Accounts Payable
3. It is possible to post amounts directly to the reconciliation accounts
4. Reconciliation accounts records the transaction in the subledger
5. None of the above

40. It is possible to maintain customer master data centrally for all sales area or separately
based on company code and sales area.
T/F