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WorksheetsSAP Finance
Total questions: 15
Worksheet time: 3mins
Select
the golden rule from the following
Debit
come in, Credit Goes Out
Debit
the expense and Credit the revenue
Credit
the Receiver and Debit the Giver
All the
Above
Which rule applicable to a vendor and
customer during invoicing?
Debit
the Customer and Credit the Vendor
Debit
the Vendor and Credit the Customer
Debit
the Creditors and Credit the Debtor
Credit
the Creditor and Debit the Debtor
Consolidation
of all active accounts used under different drawer are termed as?
Profit
and Loss
Balance
sheet
Trial
Balance
None of
the above
A
liability account is used, where sum of amount gets credited to the
account,which means?
The
liability account gets reduced
The
liability account stays stable
The
liability account gets increase
None of
the above
Which
of these account drawer's comes under balance sheet ?
Equity
Revenue
Assets
Liability
Why
Posting Period is defined in SAP Business one.
To
check the life cycle of the product
To
assign in the document numbering
To
define the financial period
To
identify the document posted in the period
Currencies
setup window will allow payment difference set up with attribute like
Value
Date
Quantity
Discount
What
type of currencies are visible in journal entry while using multi currencies?
Foreign
Currencies
System
Currencies
Local
Currencies
All the
Above
Once a
cost center is created we need to manually create the distribution rule for
this cost center?
TRUE
FALSE
Distribution
rule created under dimension 2 by using cost center of dimension 1. Is the
statement is
TRUE
FALSE
Distribution
rule can be created by using which the following condition
InDirect
Allocation
Direct
Allocation
Allocated
by Fixed Amount
Allocated
by Variable Amount
Steps
in configuration tax code during implementation process.
Tax
Category -> Tax Formula ->Tax
Type Combination -> Tax Code
Tax
Parameter -> Tax Type - >Tax Formula ->Tax Type Combination ->
Tax Code
Tax
Parameter -> Tax Type ->Tax Type Combination ->Tax Formula -> Tax Code
Tax
Category -> Tax Code-> Tax Type - >Tax Formula ->Tax Type
Combination
The
setup screen support in configuration of withholding tax.
Financial
Year Master
Selection
Nature
of Assets
All the
Above
With
holding tax is assigned to which one of the following master
Resource
Master
Business
Partner
Employee
Master
Service
Call
Which
of the following is applicable in the determination category of advance G/L
BP Type
and Code
Ship to
State and Country
Business
and Item master Group
Item,
warehouse and Tax Code
