SAP FICO Certification Review 2

For which type of account is the line item display generally active?

Please choose the correct answer.

• Special general ledger account

• Vendor account

• Reconciliation account

• Customer account

You post a purchase order. For which expenses does the system calculate accruals?

There are 2 correct answers to this question.

• Insurance premiums

• Raw material purchases

• Consulting services

• Fixed asset purchases

How does the system perform the normal reversal of a journal entry?

Please choose the correct answer.

• It creates an inverse posting by resetting the transaction figures.

• It creates an inverse posting by decreasing the transaction figures.

• It creates an inverse posting by increasing the transaction figures.

• It creates an inverse posting by resetting the transaction figures for cleared documents

You want to post journal entries in a special period. Which conditions must be met?

There are 2 correct answers to this question.

• You must enter a posting date in the last posting period.

• You must have specific authorization to post in special periods.

• The special period must be open for posting in the period control.

• The balance carry-forward to the new fiscal year must have taken place.

True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser.

Please choose the correct answer.

• True

• False

Identify some of the fields related to the depreciation area in the asset master record.

There are 3 correct answers to this question.

• Depreciation start

• Asset description

• Useful life

• Scrap value

Which of the following functions include the important functions of the SAP List Viewer tool?

There are 3 correct answers to this question.

• Setting filters

• Deleting and inserting columns

• Calculating totals and subtotals

• Defining print parameters

Which stage of the sales process creates documents for both Materials Management and Financial Accounting?

Please choose the correct answer.

• Shipping - delivery creation

• Billing

• Sales order creation

• Shipping - goods issue

You define the type of custom currency Z1 for your company code. What types of currency should be stored in the Data Entry view?

There are 2 correct answers to this question.

• Document currency

• Company code currency

• Object currency

• Custom currency type

Which of the following account assignments can you configure the system to create complete balance sheet reports for?

There are 3 correct answers to this question.

• Cost center

• Profitability segment

• Company code

• Profit center

• Segment