SAP TS410 EXAMS SCRIPT UPDATED QUESTIONS AND
ANSWERS GRADED A+
✔✔List the assigned roles of a business partner record - ✔✔1. FI (vendor and
customer)
2. General role
3. Supplier
4. Customer
✔✔Type of info recorded in universal journal - ✔✔G/L, Profitability, Profit Center
Accounting, Segments, Mgmt Accounting (CO), Asset Accounting, Material Ledger and
COPA (profitability analysis)
✔✔Name the account types and name the info they record - ✔✔1. Balance sheet -
assets and liabilities
2. Non operating expenses and revenues - not in Co
3. Primary cost element - expenses and revenues
4. Secondary cost element - allocations
✔✔Why use document splitting? - ✔✔Real time balance sheet, line item characteristics
for PC, BA or segment
Reduces time and effort
To ensure the segment characteristic splits uniformly (balances)
✔✔List the goods movement that create and accounting document - ✔✔1. Goods
receipt
2. Goods issued
3. Stock transfer
✔✔List all of the FI master data records - ✔✔1. Chart of accounts
2. AR
3. AP
4. Assets
5. Bank accounts
6. G/L
✔✔What are depreciation areas? - ✔✔Rules for calculating depreciation
Calculation, useful life, date, details
✔✔Define the purpose of a posting key - ✔✔It controls the following for each document
line item:
1. Account type (DKSAM)
2. Type of Posting (debit/credit)
3. Field status
, ✔✔List the main task of Financial Accounting - ✔✔Post all FI transactions, fulfill legal
reporting requirements, external reporting
✔✔What documents can post to the Universal Journal - ✔✔pretty much all of them
✔✔T/F: The G/L provides a comprehensive picture of external accounting and financial
records - ✔✔True
✔✔T/F: A company code is used for internal purposes to create balance sheet and
profit and loss statements - ✔✔False
✔✔T/F: A chart of accounts contains the definitions of all G/L accounts. - ✔✔True
✔✔T/F: A posting key controls the account type to be posted - ✔✔True
✔✔T/F: An operating concern is assigned to a company code - ✔✔False
✔✔T/F: An asset is assigned to a company code - ✔✔True
✔✔T/F: Primary cost elements are created in Management Accounting - ✔✔False
✔✔T/F: An asset master record is always assigned to an asset class - ✔✔True
✔✔T/F: A depreciation run will integrate with both FI and Co - ✔✔True
✔✔T/F: Each company code has a separate general ledger if using the same COA -
✔✔True
✔✔T/F: Each company code has a separate general ledger if not using the same COA -
✔✔True
✔✔How can you use an internal order? - ✔✔1. Track overhead costs
2. Track investments
3. Track revenues
4. To accrue costs
✔✔List the CO objects that you can settle - ✔✔Internal order, production order,
projects/WBS, maintenance order
✔✔What needs to be the same if multiple company codes are assigned to the same
controlling area? - ✔✔Operating chart of accounts and fiscal calendar/variant year
ANSWERS GRADED A+
✔✔List the assigned roles of a business partner record - ✔✔1. FI (vendor and
customer)
2. General role
3. Supplier
4. Customer
✔✔Type of info recorded in universal journal - ✔✔G/L, Profitability, Profit Center
Accounting, Segments, Mgmt Accounting (CO), Asset Accounting, Material Ledger and
COPA (profitability analysis)
✔✔Name the account types and name the info they record - ✔✔1. Balance sheet -
assets and liabilities
2. Non operating expenses and revenues - not in Co
3. Primary cost element - expenses and revenues
4. Secondary cost element - allocations
✔✔Why use document splitting? - ✔✔Real time balance sheet, line item characteristics
for PC, BA or segment
Reduces time and effort
To ensure the segment characteristic splits uniformly (balances)
✔✔List the goods movement that create and accounting document - ✔✔1. Goods
receipt
2. Goods issued
3. Stock transfer
✔✔List all of the FI master data records - ✔✔1. Chart of accounts
2. AR
3. AP
4. Assets
5. Bank accounts
6. G/L
✔✔What are depreciation areas? - ✔✔Rules for calculating depreciation
Calculation, useful life, date, details
✔✔Define the purpose of a posting key - ✔✔It controls the following for each document
line item:
1. Account type (DKSAM)
2. Type of Posting (debit/credit)
3. Field status
, ✔✔List the main task of Financial Accounting - ✔✔Post all FI transactions, fulfill legal
reporting requirements, external reporting
✔✔What documents can post to the Universal Journal - ✔✔pretty much all of them
✔✔T/F: The G/L provides a comprehensive picture of external accounting and financial
records - ✔✔True
✔✔T/F: A company code is used for internal purposes to create balance sheet and
profit and loss statements - ✔✔False
✔✔T/F: A chart of accounts contains the definitions of all G/L accounts. - ✔✔True
✔✔T/F: A posting key controls the account type to be posted - ✔✔True
✔✔T/F: An operating concern is assigned to a company code - ✔✔False
✔✔T/F: An asset is assigned to a company code - ✔✔True
✔✔T/F: Primary cost elements are created in Management Accounting - ✔✔False
✔✔T/F: An asset master record is always assigned to an asset class - ✔✔True
✔✔T/F: A depreciation run will integrate with both FI and Co - ✔✔True
✔✔T/F: Each company code has a separate general ledger if using the same COA -
✔✔True
✔✔T/F: Each company code has a separate general ledger if not using the same COA -
✔✔True
✔✔How can you use an internal order? - ✔✔1. Track overhead costs
2. Track investments
3. Track revenues
4. To accrue costs
✔✔List the CO objects that you can settle - ✔✔Internal order, production order,
projects/WBS, maintenance order
✔✔What needs to be the same if multiple company codes are assigned to the same
controlling area? - ✔✔Operating chart of accounts and fiscal calendar/variant year
