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| Section | Objectives |
|---|---|
| Accounts Receivable | - Receivables processing
|
| Asset Accounting | - Asset transactions
|
| Accounts Payable | - Vendor master data
|
| Closing Operations | - Financial statement preparation
|
| General Ledger Accounting | - Master data configuration
|
1. Which of the following order types are internal orders? (Choose Three)
A) CO production orders.
B) Capital investment orders for creating assets
C) Sales orders for make-to-order function
D) Maintenance orders.
2. Item interest calculation. (Choose Three)
A) Calculate interest on open and cleared items and post the interest.
B) Calculate interest on Balances.
C) Calculate interest on cleared item only and post the interest.
D) Calculate interest on open items and/or cleared items without posting the interest
3. In SAP, the strict lowest value principle means that write-ups are not allowed
A) True
B) False
4. Which of the following is true according to the posting periods?
A) The posting periods for your company are defined by the posting period variant
B) The system uses the posting date that you specify during document entry to determine to which posting period the document is posted.
5. The reconciliation ledger compares the CO view of data to the Fl view and enables you to automatically reconcile controlling with financial accounting.
A) True
B) False
Solutions:
| Question # 1 Answer: A,B,D | Question # 2 Answer: A,C,D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |
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