What does the year-end closing program in Asset Accounting do? There are 3 correct answers to this question.

A. It indicates if any of the created asset master records contain errors are incomplete.

B. It blocks all postings to Asset Accounting for the closed fiscal year.

E. It checks whether the depreciation is posted completely for the fiscal year.

C. It settles all assets under construction with values and maintained settlement rules.

D. It posts all remaining depreciation and imputed interest.

Which of the following special GL transactions are noted items? There are 2 correct answers to the question

D. Bill of exchange payment request

Which business scenarios can be handled with accrual and deferral postings? Please choose the correct answer.

B. One-time payment for one year cloud storage service

A. Monthly rent payments for an office building

C. Monthly subscription to financial newspaper

D. One-time payment for fixing flooding damage

In which of the following segments of a customer or vendor master record can you enter the terms of payment? There are 3 correct answers to this question.

A. Purchasing organization segment

Which of the following statements is correct for external number assignment (manual posting)? Please choose the correct answer

C. The number is entered by the user

A. The number is automatically assigned

B. The number is the last document number

D. The number must be assigned in a sequence.

Which of the following methods can be used to transfer Asset Accounting (FIAA) legacy data? There are 3 correct answer to this question,

B. For a small quantity of legacy data, use AS100

D. For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface

E. For manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT

A. For a large quantity of legacy data, uses batch input procedure (program RAALTD01)

C. For a very large quantity of legacy data, use the direct input procedure (program RAALTD01)

There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence.

1. Maintain the parameters. 2. Schedule the dunning run. 3. Change the dunning proposal. 4. Start the dunning printout.

1. Maintain the parameters. 2. Change the dunning proposal. 3. Schedule the dunning run. 4. Start the dunning printout.

1. Start the dunning printout. 2. Schedule the dunning run. 3. Change the dunning proposal. 4. Maintain the parameters.

1. Schedule the dunning run. 2. Maintain the parameters. 3. Start the dunning printout. 4. Change the dunning proposal.

SAP S/4HANA makes extensive use of which high-speed hardware technology to offer more speed? Please choose the correct answer.

B. Graphic Processing Units (GPUs)

What settings can you define specifically for an asset class? Note: There are 3 correct answers to this question.

B. Asset under construction category

C. Synchronizations rules for asset and equipment

A. Maximum amount for low-value assets.

E. Default transaction type for asset posting.

What kind of customization can users do on their ‘launchpad’? There are 2 correct answers to these questions.

C. Change the name of title groups

D. Create their own tile groups

Which of the following are the steps of intercompany reconciliation? There are 3 correct answers to these questions.

A. Documents selection and data storage

B. Automatic assignment of document

C. Manual reconciliation and communication

D. Automatic presentation of reconciled and non-reconciled data

With the automatic clearing program, a user can clear open items for which of the following items? There are 2 correct answers to these questions.

D. Special general ledger indicator

You need to perform mid-year legacy system migration for assets in a new company code. Which data must you migrate? There are 3 correct answers to these questions.

A. Current year asset acquisition transactions

C. Closed year asset sale transaction

D. Current year posted depreciation

B. Fully depreciated fixed asset master record

E. Accumulated depreciation per cost center

In stock valuation, which of the following groups of stocks are valuated? There are 3 correct answers to these questions.

B. Raw materials, supplies, and consumables

What sort of special general ledger types exist? There are 3 correct answers to these questions.

D. Automatic offsetting entries (statistical)

Which of the following are posted in the program FAA_DEPRECIATION_POST? There are 3 correct answers to these questions.

A. Unplanned depreciation or other manually planned depreciation

D. Ordinary depreciation such as book depreciation or imputed depreciation

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

C. Shipping – delivery creation

SAP FI QUESTIONS PART 3

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40 questions

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MULTIPLE CHOICE QUESTION

30 sec • 1 pt

For which type of accounts is the line item display generally active? Please choose the correct answer.

Vendor Account

Customer Account

Reconciliation Account

Special general ledger account

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Cleared items contain which of the following pieces of information? Please choose the correct answer. (2)

Archival information

Clearing date

Due Date

Clearing document number

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization? Please choose the correct answer.

Company code

Client level

Account level

Organization level

MULTIPLE SELECT QUESTION

30 sec • 1 pt

In an asset main number in Asset Accounting which information can be different international GAAP and local GAAP? There are 2 correct answers to this question.

A. Depreciation start date

B. Asset class

C. Net book value

D. Capitalization date

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where can an SAP Fiori end user change the theme of their launchpad?

A. In the Tile Group area of the launchpad designer

B. In the UI theme designer

C. In the Tile Catalog area of the launchpad designer

D. In the Me area of the launchpad

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which reporting tools are available with SAP S/4HANA embedded analytics? There 2 correct answers to this question.

A. KPI modelling apps

B. Query Browser

C. SAP Analytics Cloud

D. SAP Analysis for Microsoft Office

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

You want to specify the financial statement version for asset report in Customizing. Where do you need to assign the financial statement version?

A. To each depreciation area

B. To each company code

C. To each accounting principle

D. To each chart of depreciation

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SAP FI QUESTIONS PART 3

For which type of accounts is the line item display generally active? Please choose the correct answer.

Cleared items contain which of the following pieces of information? Please choose the correct answer. (2)

Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization? Please choose the correct answer.

In an asset main number in Asset Accounting which information can be different international GAAP and local GAAP? There are 2 correct answers to this question.

Where can an SAP Fiori end user change the theme of their launchpad?

Which reporting tools are available with SAP S/4HANA embedded analytics? There 2 correct answers to this question.

You want to specify the financial statement version for asset report in Customizing. Where do you need to assign the financial statement version?

What does the year-end closing program in Asset Accounting do? There are 3 correct answers to this question.

Which of the following special GL transactions are noted items? There are 2 correct answers to the question

You can compare text patterns in your statements using the keyword LIKE. Determine whether this statement is true or false.

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