1. The accounting 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 . Account type !. Toleranc Tolerancee limit ". Posting Period #ariant #ariant $. %one of the abo&e
. All transactions transactions in the the SAP system generate an accounting document. T'(
!. It is only possible to carry out cross)company code controlling when all companies using the same operational chart of accounts T'(
". The followings are considred as e*ternal users, e*cept… 1. Ta* Authority . +ans !. Shareholders ". -ournalist edia $. /ontrollers 0. All of of the abo&e
$. The e*change rates differences will be automatically posted are realied gains or loses. T'(
0. The following module has direct connection with the Account 2ecei&able Accounting… Accounting… 1. Sales 3istribution . aterial anagement !. Production Planning ". 4uman 2esource $. All of of the abo&e
5. 6hen posting to Accounting 3ocument, the /ompany /ode can be specified manually. T'(
7. Terms of payment can be maintained in the following master data, e*cept… 1. /ustomer master data . #endor master data !. /ondition records ". aterial aster $. All of the abo&e
8. The balance sheet accounts, carry forward the remaining balance to a retained earnings account while the P9: profit satement accounts carry forward the remaining balance to the same account. T'(
1;. The following statements are true regarding /urrencies in (inancial Accounting odule, e*cept… 1. Indirect
11. 6hen performing incoming payment, the payment amount must match e*actly with the open items T'(
1. The following information is re
1!. 6hen a company needs to identify where costs incured with in the organiation, the following /= submodule is needed… 1. Profit /enter Accounting . /ost /enter Accounting !. Profitability Analysis ". >nterprise /ontrolling
1". The following fields cannot be changed after the accounting document is posted, e*cept… 1. Posting Key . 2eference 3ocument !. Amount ". ?': Account
1$. The following submodules belong to the /ontrolling module, e*cept… 1. /=)PA . /=)=/ !. /=)P/ ". >/)P/A $. /=)=
10. The following statements regarding cash @ournal is true, e*cept… 1. To create cash @ournal transaction, the ?: account field must ha&e business transaction categories Account 2ecei&able and Account Payable . The currency information is re
15. An organiation unit that represent a legal entity is called… 1. /lient . /ompany /ode !. +usiness Area ". (untional Area $. /ost /enter 0. Profit /enter
17. The following statement is true regarding chart of accounts in SAP system… 1. /hart of accounts code must consist of " digits containing combination of numbers and alphabets . >&ery company node must ha&e chart of accounts assigned to it !. Information in chart of accounts can be segmented into " which are account number, name of the chart of accounts, control fields, and consolidation fields ". It the chart of accounts, you must specify the accounts as either profit and loss statement account and balance sheet account. $. All of the abo&e 18. The fiscal year that is the sames as the calender year must ha&e only 1 normal periods.
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;. The following segments in &endor master can be accessed througout the company, e*cept.. 1. ?eneral 3ata . /ompany /ode 3ata !. Purchasing =rganiation 3ata ". All of the abo&e
1. The following are the tolerance group types, e*cept… 1. /ustomer Tolerance ?roup . #endor Tolerance ?roup !. >mployee Tolerance ?roup ". ?': Account Tolerance ?roup $. ser Tolerance ?roup 0. All of the abo&e
. The following submodules belong to the (inancial Accounting module, e*cept… 1. Account 2ecei&able . Asset Accounting !. +an :edger ". Tra&el anagement $. In&estment anagement
!. It is possible to defined +usiness Area across se&eral /ompany /odes. T'(
". The following statement is true regarding ban accounts, e*cept… 1. >&ery ban account must be assigned to a specific ?': account . >ach ban account consist of a combination of account I3 and ban I3 !. >&ery ban that is used by the company must be created in the ban account master data ". BBB+an /ategoryBB is used to differentiate between different bansB
$. The 3ocument types defines the following, e*cept… 1. Account types allowed for posting . The field status and reference number !. %umber ranges
". The sales figure is to be updated by the transaction
0. The following report is part of e*ternal reporting… 1. Product /ost 2eport . Profit /enter 2eport !. /ost /enter 2eport ". P9: Statement $. /ontribution asgin 2eport
5. The following fileds must be entered when posting cash @ournal… 1. /ompany /ode . ?: Accounts !. 3ocument types ". 3ocument number $. " digits cash @ournal I3 0. All of the abo&e
7. The following statements are true regarding posting periods, e*cept… 1. 6hen posting to accounting, the posting period of the current month must be open . 3uring closing, two periods must be open at the same time !. 3ifferent account type can handle different posting periods ". Authoriation group can be assigned to certain user which allow the user to post in the first period inter&al $. The system determine the posting period and fiscal year based on the document date
8. In e&ery /ompany using SAP >2P, +usiness Area must be defined. T'(
!;. 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.C T'(
!1. The following can be used to cerate +an master data… 1. sing /reate +an transaction in the AP'A2 master data menu . sing batch input !. Imported from file using program 2(+#A::D; ". aintaining the ban information in the customer and &endor master data
$. All of the abo&e
!. The following statements are true regarding document re&ersal, e*cept… 1. There are only two ways to re&erse accounting documents which are normal re&ersal posting and negati&e posting . %egati&e posting only possible if the company code permits negati&e postings !. 2e&ersal reason must be entered when performing negati&e re&ersal ". %ormal re&ersal posting posted the incorect debit as a credit 9the incorect credit as a debit $. %one of the abo&e
!!. The following determine the assignment of an e*ternal or an internal number range for &endor and customer master... 1. /ompany /ode . Account ?roups !. Status (ields ". =rganiation Segment
!". In order to allow the system to default certain field &alues, SAP user must maintain the &alues in… 1. ser profile . Authoriation !. Parameter I3 ". System profile
!$. 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. Alternati&e payer'payee function . Account ?roups !. 4ead =ffice and branch accounts ". I+A% $. All of the abo&e
!0. The followings information can be used to identified an accounting document, e*cept… 1. /lient . /ompany /ode !. 3ocument number ". (iscal Eear
!5. 6hen user posts to e*pense account in (inancial Accounting odule, the /ontrolling module shall automatically record the transaction as cost. T'(
!7. The following statement is true regarding /ost /enter Accounting… 1. /ost centers must be assiged to a cost center type . It is possible to group se&eral cost centers to pro&ide summary cost information !. /ost centers can be defined based on area of responsibility ". The name of person responsible for cost center can be entered in the cost center master record $. All of the abo&e 0. %one of the abo&e
!8. The following statement is not true regarding reconciliation accounts… 1. 2econciliation accounts are ?': accounts only assigned to business partners such as &endor and customer . There are two account types that must be selected when creating a reconciliation accounts which are Accounts 2ecei&able and Accounts Payable !. It is possible to post amounts directly to the reconciliation accounts ". 2econciliation accounts records the transaction in the subledger $. %one of the abo&e
";. It is possible to maintain customer master data centrally for all sales area or separately based on company code and sales area. T'(
