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SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP4 Sample Questions:

1. To which of the following does an asset class apply?

A) All company codes in an instance (client-independent)
B) All company codes in a controlling area
C) All company codes in a client
D) All company codes within a client that share the same chart of accounts

2. In a payment run, the data entered for a payment method in the document may differ from the master data. How is this resolved by the system?

A) The payment run temporarily stops, and the system prompts you to correct the data. After you have corrected the data, the payment run continues.
B) Master data overrides document data.
C) Document data overrides master data.
D) The payment run stops and the system issues an error message.

3. What do you define when you set up a depreciation area?

A) The posting to General Ledger
B) The account determination
C) The asset number ranges
D) The company code

4. What are the benefits of using the accrual engine? (Choose three)

A) The accrual engine supports parallel accounting.
B) The accrual engine can simulate planned future accruals.
C) The accrual engine can correct accruals in the previous month even if that period is closed.
D) The accrual engine calculates the accrual amounts automatically.
E) The accrual engine is client-independent.

5. Which functions are provided by the closing activity Reclassify Payables/Receivables? (Choose two)

A) Automatic correction of bad debits or credits
B) Open item analysis for liquidity forecast
C) Credit check and rating of open items
D) Regrouping and sorting of payables and receivables
E) Adjustment postings for changed reconciliation accounts

Solutions: