SAP Certification Exam Guide Questions and CORRECT Answers

SAP Certification Exam Guide Questions and CORRECT Answers Which entries do you define when maintaining a G/L account? (3 answers are correct) a) Acco unt group b) Field status group c) Ledger assignment d) Account type e) Profit center - CORRECT ANSWER - a,b,d Which of the following are standard correspondence types? a) Payment proposal b) Payment notice c) Document journal d) Account statement e) Open items list - CORRECT ANSWER - b,d,e In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP? (2 answers are correct) a) Capitalization date b) Net book value c) Deprecation start da te d) Asset class - CORRECT ANSWER - b,c What is controlled by the terms of payment? (3 answers are correct) a) Allowed account type b) Setting for net procedure c) Determination of the baseline date d) Account for cash discount received e) Default payme nt method - CORRECT ANSWER - a,c,e How does the system behave when an invoice is processed as a residual payment? (1 answer) a) The payment difference is posted to a different account. b) All documents remain in the account as open items. c) The payment difference is written off. d) The original document and payment are cleared. - CORRECT ANSWER - d What account types can you use to classify general ledger accounts in SAP S/4HANA? (3 answers) a) Field status group b) Secondary costs c) Non -operating expense or income d) Balance sheet e) Reconciliation accounts - CORRECT ANSWER - b,c,d The dunning run is made up of 3 main steps that happen in a particular sequence. What is the correct sequence? a) Item selection, dun line items, dun account . b) Account selection, dun line items, dun account. c) Item selection, dun account, dun line items. d) Account selection, item selection, dun line items. - CORRECT ANSWER - b Which currency valuation program is replaced by FAGL_FCV? a) SAPF130K b) FAGL_V ALUA TION c) SAPF100 d) FAGL_FC_VALUATION - CORRECT ANSWER - d Where do you indicate that the useful life of the asset sub -number is identical to the useful life of the main asset? a) in the asset master record of the main asset b) in the screen layout of the asset master record c) in the screen layout of the depredation area d) in the account determination of the asset class - CORRECT ANSWER - c Identify the reasons for archiving data. (3 answers) a) lowering the effort involved in database administration b) reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups c) using data as a backup d) improving response times and ensuring good response times - CORRECT ANSWER - a,b,d You are configuring accrual types for the accrual engine. For which postings is account determination required? (2 answers) a) closing posting only b) opening and closing posting only c) periodic only d) opening posting only - CORRECT ANSWER - c,d When can yo u set the open item management indicator in a general ledger account? (2 answers) a) when an account is used as a reconciliation account b) when an account is required for clearing c) when an account has a zero balance d) when an account is set up as a co st element - CORRECT ANSWER - a,b The SAP Business Workflow has __________ process dimensions. a) 5 b) 3 c) 4 d) 2 - CORRECT ANSWER - c What object determines the number range for business partner master data? a) business partner grouping b) business partner role c) business partner type d) business partner category - CORRECT ANSWER - a You want to make the Reference Document Number field required for entry. Which object controls this setting? a) document type b) document reference key c) document field status d) document posting key - CORRECT ANSWER - a You are getting ready to post your first simple general ledger document using the SAP Fiori app for posting in a test environment. What configuration items do you need to set up to post a simple document? (2 answers)