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SAP ERP CONFIGURATION EXAM LATEST UPDATE COMPLETE QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+

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SAP ERP CONFIGURATION EXAM LATEST UPDATE COMPLETE QUESTIONS AND CORRECT ANSWERS ALREADY GRADED A+

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SAP ERP CONFIGURATION EXAM LATEST UPDATE
COMPLETE QUESTIONS AND CORRECT ANSWERS
ALREADY GRADED A+
1. What is a business process? - (answer)"1. A cross-functional set of tasks,
initiated by a trigger, where data flows through functional areas to create a
desired outcome."


2. What is a controlling area? - (answer)2. An organizational unit within a
company used to represent a closed system for cost accounting purposes. A
controlling area may be used in 1 or many company codes.


3. Explain the document concept in SAP. - (answer)3. Documents are created
and used to record transactional data. Documents can only be created in the
system and can never be deleted.


4. What are the four types of documents used in SAP ERP? - (answer)"4.
Transaction Documents, Financial Accounting Documents, Management
Accounting Documents, and Material Documents."


5. How are material groups different from material types? - (answer)5.
Material groups are groups of materials that are categorized with respect to
how the customer will view the materials. Material types are groups of
materials that are categorized with respect to how the company will use the
materials.


6. In SAP Business Suite Customer Relationship Management connects to
___________. - (answer)6. Supplier Relationship Management


7. All FI exists at the ________________ level. - (answer)7. Company Code

, 2


8. All master data is created at the ____________________ level. - (answer)8.
Client


9. A sales area is comprised of what three key organizational elements? -
(answer)"9. Sales Organization, Distribution Channel, and Division."


10. What is the difference between a purchasing organization and a purchasing
group? - (answer)"10. A purchasing organization can be assigned to anything, a
client, company code, plant, etcÉ POÕs negotiate purchases and set pricing
conditions, set contracts, and engage in strategic purchasing. Purchasing
groups are assigned to a material on the material master and are not assigned
to any specific organizational entity. Purchasing groups are responsible for
actual buying execution."


11. How many dimensions of data handling are used within an ERP system? -
(answer)11. 2


12. Which process is the primary role of ERP? - (answer)12. OLTP


"13. As a financial manager - (answer)what is the objective of Governmental
Reporting?",13. To present a companyÕs current financial situation.


14. What is the equation used to interpret the balance sheet? - (answer)14.
Assets = Liabilities + Equity


"15. What type of data is used in several different processes and may include
material # - (answer)description, and weight?",15. Material Master


16. What type of account consolidates data from related sub-ledgers before
posting in the General Ledger? - (answer)16. Reconciliation Account

, 3




17. Which system of the ES application suite should be used to document
processes related to purchasing materials? - (answer)17. Supplier Relationship
Management [SRM]


18. What part of an organization is responsible for actual buying execution? -
(answer)18. Purchasing Group


19. What set of financial regulations is used in the United States? - (answer)19.
Generally Accepted Accounting Principles [GAAP]


"20. Using T-accounts - (answer)a long-term bank loan would be posted as a
_______ balance. Which side of the T-account would it typically be
posted?",20. Credit. Right Side.


21. Cross-functional processes - no single group or function is responsible for
their execution. It provides ______________________ among many functional
areas. - (answer)21. Shared Responsibility


22. The fundamental concept behind SOA (Service-Oriented architecture)
relates to the technical capabilities that allow systems to connect with one
another through standardized interfaces called
___________________________. - (answer)22. Web Services


23. The most commonly used master data in an organization is the
_____________________. - (answer)23. Material master


"24. Transactional data reflect the consequences of executing process steps or
transactions. Thus transaction data are a combination of _______________,
_______________, and ________________."," - (answer)24. Organizational
data, master data, situational data"

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