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1. Your organization is implementing Financial Accounting in SAP ERP to improve their financial reporting. You have been assigned to manage the creation of the chart of accounts.
What recommendations do you suggest?(Choose three)
A) A company code can also have a country specific chart of accounts.
B) A company code has only one operating chart of accounts.
C) Many company codes can use the same operating chart of accounts.
D) General ledger master records are first defined at the company code level, and then assigned to the chart of accounts.
E) Chart of accounts data in a general ledger master record is defined at the company code level.
2. Which of the following describe data and transactions in the SAP system?
(Choose all that apply)
A) A document is created for each transaction carried out in the system
B) Transaction codes determine the relevant master data
C) Master data ensure the redundancy of data in the system
D) Applicable organizational elements must be assigned for each transaction
3. Which of the following are true for stock transfers between two company codes?
(Choose all that apply)
A) Results in the creation of a single accounting document
B) Materials are valuated at the valuation price if the receiving plant
C) Results in the creation of an accounting document for each company code
D) Can only be booked out of unrestricted-use stock
E) Results in the creation of a material document
4. Your organization is implementing the SAP ERP Procurement Cycle, to improve operational efficiencies.Which of the following organizational levels are required to create a purchase order?(Choose three)
A) Plant
B) Purchasing group
C) Vendor
D) Storage location
E) Purchasing organization
5. In Logistics Execution, which of the following are true? (Choose all that apply)
A) Shipping points can be assigned to more than one plant
B) Transportation planning points can be assigned to one or more plants
C) Warehouse numbers are assigned to only one plant
D) Transportation planning points are necessary for cost calculation
Solutions:
| Question # 1 Answer: A,B,C | Question # 2 Answer: A,D | Question # 3 Answer: C,D,E | Question # 4 Answer: A,B,E | Question # 5 Answer: A,D |
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