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1. Which of the following describe data and transactions in the SAP system? (Choose all that apply)
A) Master data ensure the redundancy of data in the system
B) Transaction codes determine the relevant master data
C) A document is created for each transaction carried out in the system
D) Applicable organizational elements must be assigned for each transaction
2. Your organization is implementing Financial Accounting in SAP ERP to improve their financial reporting. You have been assigned to manage the creation of the chart of accounts.
What recommendations do you suggest? (Choose three)
A) Many company codes can use the same operating chart of accounts.
B) Chart of accounts data in a general ledger master record is defined at the companycode level.
C) A company code can also have a country specific chart of accounts.
D) General ledger master records are first defined at the company code level, and thenassignedto the chart of accounts.
E) A company code has only one operating chart of accounts.
3. Which of the following fields are required to create a cost center in management accounting (CO)? (Choose two)
A) Company code
B) Hierarchy area
C) Description
D) User responsible
4. Which of the following management accounting (CO) components requires an operating concern?
Please choose the correct answer.
A) Overhead Cost Controlling
B) Product Cost Accounting
C) Profitability Analysis
D) Profit Center Accounting
5. Which of the following are true for stock transfers between two company codes? (Choose all that apply)
A) Results in the creation of a material document
B) Materials are valuated at the valuation price if the receiving plant
C) Can only be booked out of unrestricted-use stock
D) Results in the creation of an accounting document for each company code
E) Results in the creation of a single accounting document
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A,C,E | Question # 3 Answer: A,B | Question # 4 Answer: A,C | Question # 5 Answer: A,C,D |
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