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SAP FI Certification Questions with Answers (100%
Correct Answers)
Do parked documents appear on the GL account line item display?
a. Yes, they always appear.
b. No, they never appear.
c. They appear if the Parked items flag is active in the selection screen.
d. They appear if they have not been cleared. Answer: c) true
d) false;
Parked documents cannot be cleared.
Two company codes use the same chart of accounts. Can an account
be defined as a balance sheet account for one company and as a P&L
statement account for another company?
a. No, because this characteristic is defined at chart of account level.
b. Yes, because this characteristic is defined at company code level.
c. It depends on how the account groups have been defined.
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d. It depends on which node of the financial statement version is the
account assigned. Answer: (a) correct;
(b) false;
It is defined at chart of account level, so it is defined once for all the
companies that use the chart of accounts.
Two company codes use the same chart of accounts. Can an account
be defined with currency EUR for one company code and with currency
GBP for another company code?
a. No, because the account's currency is defined at the chart of account
level.
b. Yes, because the account's currency is defined at the company code
level.
c. Only if the second company code has an alternative chart of
accounts in GBP.
d. Only if the second company has been defined with the currency
GBP. Answer: 3. (a) false;
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It is defined at company code level, so each company can have a
different currency.
(b) correct;
It is defined at company code level, so each company can have a
different currency.
(c) false;
This has no influence on this; furthermore charts of accounts do not
have currencies assigned.
(d) false;
This has no influence on this; accounts can have currencies different
from the currency of the company.
For a GL account in a company code 0001 a trading partner was
defined, which is another company code 0002 implemented in the
same SAP system. Which of the following statements have to be
correct in order to make a posting to this account?
a. The period of the posting needs to be opened in the company code
0002.
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b. The document type, which will be used for the posting, has to be
defined as active for intercompany postings.
c. A user will need an authorization to post in the company code 0002;
otherwise SAP will not allow the posting.
d. The period of the posting needs to be opened in the company code
0001. Answer: (a) false;
The posting is going to be done on company code 0001, so it does not
matter if the period is opened or not in company code 0002.
(b) correct;
Otherwise, SAP will not allow posting it.
(c) false;
The posting is going to be done on company code 0001, so it does not
matter if the user has authorization for company code 0002.
(d) correct;
If it is closed, the posting cannot be done.
© 2025 All rights reserved
SAP FI Certification Questions with Answers (100%
Correct Answers)
Do parked documents appear on the GL account line item display?
a. Yes, they always appear.
b. No, they never appear.
c. They appear if the Parked items flag is active in the selection screen.
d. They appear if they have not been cleared. Answer: c) true
d) false;
Parked documents cannot be cleared.
Two company codes use the same chart of accounts. Can an account
be defined as a balance sheet account for one company and as a P&L
statement account for another company?
a. No, because this characteristic is defined at chart of account level.
b. Yes, because this characteristic is defined at company code level.
c. It depends on how the account groups have been defined.
© 2025 All rights reserved
,2
d. It depends on which node of the financial statement version is the
account assigned. Answer: (a) correct;
(b) false;
It is defined at chart of account level, so it is defined once for all the
companies that use the chart of accounts.
Two company codes use the same chart of accounts. Can an account
be defined with currency EUR for one company code and with currency
GBP for another company code?
a. No, because the account's currency is defined at the chart of account
level.
b. Yes, because the account's currency is defined at the company code
level.
c. Only if the second company code has an alternative chart of
accounts in GBP.
d. Only if the second company has been defined with the currency
GBP. Answer: 3. (a) false;
© 2025 All rights reserved
,3
It is defined at company code level, so each company can have a
different currency.
(b) correct;
It is defined at company code level, so each company can have a
different currency.
(c) false;
This has no influence on this; furthermore charts of accounts do not
have currencies assigned.
(d) false;
This has no influence on this; accounts can have currencies different
from the currency of the company.
For a GL account in a company code 0001 a trading partner was
defined, which is another company code 0002 implemented in the
same SAP system. Which of the following statements have to be
correct in order to make a posting to this account?
a. The period of the posting needs to be opened in the company code
0002.
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b. The document type, which will be used for the posting, has to be
defined as active for intercompany postings.
c. A user will need an authorization to post in the company code 0002;
otherwise SAP will not allow the posting.
d. The period of the posting needs to be opened in the company code
0001. Answer: (a) false;
The posting is going to be done on company code 0001, so it does not
matter if the period is opened or not in company code 0002.
(b) correct;
Otherwise, SAP will not allow posting it.
(c) false;
The posting is going to be done on company code 0001, so it does not
matter if the user has authorization for company code 0002.
(d) correct;
If it is closed, the posting cannot be done.
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