SAP questions with correct answers

SAP CORRECT ANSWER an ERP, which is a very integrated system that provides: (1) seamless flow of information across organizational boundaries (2) standardized environment that keeps data separate from applications 5 modules of SAP CORRECT ANSWER MM, PP, SD, FI, CO all are very integrated Management assertions CORRECT ANSWER occurence, completeness, authorization, accuracy, cutoff, classification Control activities CORRECT ANSWER policies and procedures to mitigate risks two types of control activities CORRECT ANSWER preventative detective two types of technology controls CORRECT ANSWER general controls application controls technological infrastructure, security management, technology acquisition and maintenance, passwords, things that Diaz couldn't do CORRECT ANSWER general controls field check, completeness check, limit check, range check, reasonableness check, sign check, size check, validity check/closed loop verification, zero balance test CORRECT ANSWER application controls client CORRECT ANSWER highest level in SAP instance. self-contained unit with own set of master records and configuration >>my identifier number (115) >>an instance can have more than one client