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WorksheetsSAP FI Certification Review
Total questions: 40
Worksheet time: 3600secs
Which data can you edit in the payment proposal?
There are 3 correct answers to this question.
House bank
Invoice amount
Cash discount
Payment block
Payee
Which document splitting setting for the segment characteristic will ensure that no document line will be posted without a segment?
Please choose the correct answer.
Mandatory field
Inheritance
Zero balance
Passive split
What can you enter in the header section of the Post Outgoing Payments app?
There are 3 correct answers to this question.
Payment terms
Value date
Bank fees
Customer
Discount amount
On which database is SAP S/4HANA built to run?
Please choose the correct answer.
On a select list of SAP and third-party databases
On all modern enterprise level databases
Only on SAP HANA
On all databases that support columnar data storage
A business partner is both a customer and a supplier. The customer has a sizable open amount unpaid. You want to make sure that the payment program posts no outgoing payments to the business partner until he has paid part of the outstanding amount. How can you do this?
Please choose the correct answer.
Assign an overall payment block in the general business partner role details.
Assign a payment block in the supplier business partner role details.
Assign a payment block in the customer business partner role details.
Assign a central purchasing block in the general business partner role details.
Which of the following fields can be changed in the document header?
There are 2 correct answers to this question.
Document date
Document header text
Reference number
Currency exchange rate
Which of the following closing activities is a so-called technical closing step?
Please choose the correct answer.
Process purchase order accruals
Close the previous period in Materials Management (MM)
Perform asset depreciation run
Perform valuations of open items in foreign currency
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
Which of the following are the month-end closing activities for external purposes?
There are 3 correct answers to this question.
Create external and internal reports
Post goods issues for deliveries to customers
Perform foreign currency valuations
Close the old period
What type of architecture does SAP Business Workflow use?
Please choose the correct answer.
Three-tier
Two-tier
Single-tier
Four-tier
Identify the reasons for archiving data.
There are 3 correct answers to this question.
Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups.
Improving response times and ensuring good response times.
Lowering the effort involved in database administration.
Using data as a backup.
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight?
There are 2 correct answers to this question.
It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
It is impossible to use assets under construction with Investment Management.
It is possible to post credit memos, even after assets under construction are fully capitalized.
It is possible to post special tax depreciation and investment support for assets under construction.
How can you define a matching method for intercompany reconciliation?
Please choose the correct answer.
It can be either defined as master data or as configuration
It must be defined as master data
It must be defined as a configuration
It can be automatically determined by a user exit
Which of the following can you use for multiple programs with variants that are to be processed automatically?
Please choose the correct answer.
Online transactions
Remote tasks
Flow definition
Task list template
Which is the most flexible SAP S/4HANA Cloud solution for customers?
Please choose the correct answer.
Public option
Community option
Private option
Hybrid option
You need to post customer invoices through an interface with a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system.
How do you define the document number range?
Please choose the correct answer.
You can use internal or external number assignment.
You can use internal or external number assignment, but only if it is continuous.
You must use external number assignment.
You must use internal number assignment.
What kind of automated checks are available for the financial statement version?
There are 2 correct answers to this question.
Check for duplicate item keys
Check for incorrectly assigned accounts
Check for accounts assigned to one side only
Check the financial statement notes for non-noted item accounts
You'd like to set up low value asset (LVA) management. What do you need to do?
Please choose the correct answer.
Specify the minimum amount for LVA at three levels: company code, depreciation area and asset class
Define two Separate asset classes to manager LVA using individual or collective management
Define a base unit of measure for LVA in individual management.
Specify the maximum amount for LVA at two levels: company code and chart of depreciation
You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system. How would you define the document number range?
Please choose the correct answer.
You have to use external number assignment.
You can use internal, external, or continuous number assignment.
You have to use internal number assignment.
You have to use continuous number assignment.
What are the parameters to define different technical clearing accounts for integrated acquisition in new asset accounting?
There are 2 correct answers to this question.
Account determination
Chart of depreciation
Company code
Chart of accounts
What are the key components of the Intelligent Enterprise by SAP?
There are 2 correct answers to this question.
Hybrid cloud
Seamless integration
Intelligent technologies
Digital platform
You are posting an incoming payment against an invoice. Which document values does the user tolerance group control?
There are 2 correct answers to this question.
The cash discount amount (absolute value) allowed for a line item
The payment amount allowed for each customer open item
The total amount (sum of all line items) allowed to be posted
The cash discount percentage allowed for the complete document
Which of the following steps do you typically perform when executing the payment run with the automatic payment program?
There are 2 correct answers to this question.
Define maximum amounts to be paid per supplier.
Maintain open item selection parameters.
Review the payment proposal exception list.
Rank bank accounts for payment.
At which point is the down payment request created in the integrated down payment process with purchasing?
Please choose the correct answer.
Purchase requisition
Goods receipt
Goods receipt
Purchase order
You want to configure the tax calculation procedures.
What are the main elements you need to define?
There are 3 correct answers to this question.
Tax code
Country key
Account or transaction key
Condition type
Sequence of steps
On what level can you assign a fiscal year variant to a company code?
Please choose the correct answer.
Accounting principle
Valuation area
Ledger
Depreciation area
What are the results when you post an outgoing partial payment?
There are 2 correct answers to this question.
A payment is created with reference to the invoice.
A payment block is set on the invoice.
The initial invoice is cleared.
The initial invoice remains open.
Your company code is assigned to two standard ledgers and one extension ledger. You post an invoice with one expense line item with a 10% VAT (sales) tax. How many line items are updated in the Universal Journal (table ACDOCA)?
Please choose the correct answer.
2
6
4
3
Your customer wants the values for a special group of assets to be shown separately in the general ledger. Which objects do you create in Customizing for Asset Accounting?
There are 2 correct answers to this question.
Asset class
Account determination key
Depreciation area
Financial statement version
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?
There are 2 correct answers to this question.
Client level
Business area level
Segment level
Company area level
Which statements best describe extension ledgers in SAP S/4HANA?
There are 2 correct answers to this question.
Extension ledgers can have different currencies than the underlying ledger.
Multiple extension ledgers can point to the same underlying ledger.
Extension ledgers can be assigned their own posting period variant.
Extension ledgers can be assigned their own fiscal year variant.
What does document splitting do?
Please choose the correct answer.
It enriches all relevant balance sheet account lines with the defined splitting characteristics.
It enriches all profit and loss account lines with the defined splitting characteristics.
It enriches all revenue account lines with the defined splitting characteristics.
It enriches all secondary cost element account lines with the defined splitting characteristics.
Which of the following statements best describes how customer down payments are integrated with Sales & Distribution (SD)?
Please choose the correct answer.
A down payment request is created as an SD billing document, which is automatically posted in FI as a noted item.
A down payment request is created as an FI noted item, which automatically generates an SD sales order.
A down payment request is created as an SD sales order, which is automatically posted in FI as a noted item.
A down payment request is created as an FI noted item, which automatically generates an SD billing document.
Identify the criteria that usually differentiate between document change rules.
There are 2 correct answers to this question.
Open items
Account type
Asset class
Company code
What is required to enable the payment approval process in cash operations?There are 3 correct answers to this question.
Define signature methods for approvals
Create scenario without approval
Create a rule for approvals
Define a grouping method for the rule you defined.
Create rule to require signature
You have to run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles. How can you set this up in the system?
Please choose the correct answer.
Define two valuation areas and two accounting principles with relevant links to ledgers.
Define a valuation area and extension ledger to link with the new valuation area.
Define two valuation methods and assign the accounting principles to the new valuation methods.
Define a valuation area and ledger group for two ledgers to link with the new valuation area.
Which data model is used for SAP S/4HANA?
Please choose the correct answer.
Online analytical processing (OLAP) that is based on aggregated tables and indexes.
Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables.
Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP) for Cloud deployments.
Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system.
What types of data are maintained for a house bank?
There are 2 correct answers to this question.
Overdraft limit
Data medium exchange (DME) details
General Ledger account
payment signatories
What setting must be identical between the company code and the controlling area?
Please choose the correct answer.
The number otposting periods.
The fiscal year variant key
The number of postings and special periods
The number of special periods
Which of the following statements is correct for external number assignment (manual posting)?
Please choose the correct answer.
The number is the last document number.
The number is automatically assigned.
The number must be assigned in a sequence.
The number is entered by the user.
