FI – Certification Questions

Q – Identify the steps in the ASAP (Accelerated SAP) Methodology.

A. Roll out
B. Go Live & Support
C. Final Preparation
D. Realization
E. Project Preparation
F. Business Blueprint

Q – Which are the necessary steps to create a validation?

A. Check, control, message

B. Prerequisite, check, update, control
C. Check, update, message
D. Prerequisite, check, message

Q – What is the purpose of account determination in the accrual engine? (There are 2 correct answers
to this question.)

A. To determine the CO object

B. To determine the correct posting period.
C. To determine the document type
D. To determine debit and credit accounts.

Q – Which are the correct series of steps in the payment program?

A. CD Maintain parameters, Proposal run, Printing Payment Media, Execute a payment run CD.
B. Proposal run, Maintain parameters, Printing Payment Media, Execute a payment run CD.
C. Proposal run, Execute a payment run, Printing Payment Media, Maintain parameters CD.
D. Maintain parameters, Printing Payment Media, Proposal run, Execute a payment run CD.
E. Maintain parameters, Proposal run, Execute a payment run, Printing Payment Media.

Q – Every company code may define its own document number ranges

A. Fales
B. True

Q – What are the necessary elements required to create a customer-specific drilldown report for New
General Ledger Accounting? (There are 2 correct answers to this question.)

A. Variables
B. A report header
C. Characteristics
D. A form

Instead of the classic system monitoring of individual system components; with Solution
Monitoring, entire business processes can be monitored as a whole across multiple components.

Q – Identify the three components that define the concept of Solution Monitoring:

A. User Level management

B. Business Process Monitoring
C. System Monitoring
D. Service Level Management
E. Component Solution Monitoring

Q – The RUN DATE is always the date when a certain dunning run is supposed to be started

A. True
B. Fales
Q – SAP Solution Manager provides support throughout the life cycle of solutions - which common
usage scenario is missing from the list of usage scenarios below?

(Implement SAP Solutions), (Monitor SAP Solutions), (Manage Service Desk), (Link to SAP
Services), (Upgrade SAP Solutions)

A. Monitor Service Desk

B. Manage Change Requests
C. Link to Change Requests
D. Implement SAP Services

Q – Every company code may define its own document types

A. Fales
B. True

Q – Identify the three main areas of the Implementation Roadmap from the items listed below:

A. Accelerator area
B. Viewing / Text area
C. Roadmap structure Attachments area
D. IMG area

Q – You can configure different types of Chart of Accounts in the ERP system. Which one of the
following are TRUE Chart of Accounts? (There are 3 correct answers to this question.)

A. Group chart of accounts

B. Country-specific chart of accounts
C. Operating chart of accounts
D. Plant-specific chart of accounts

Q – Which of the following Organizational units are Mandatory in an ERP system with Fl? (There are 3
correct answers to this question.)

A. Client
B. Fiscal Year
C. Business Area
D. Company Code

Q – In New GL, how would you incorporate companies with different fiscal years if you wanted to
assign them to the same controlling area?

A. Create company codes with the same fiscal year variant and assign the company codes that
have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant.
B. Create company codes with different fiscal year variants and assign them to the same group
company for reporting purposes.
C. Use the same fiscal year variant for all company codes and set up parallel accounting for
company codes that have different fiscal years
D. Use the same fiscal year variant for all company codes and do a reversible close for the
company codes that have different fiscal years.

Q – Which object has to be used to avoid a change of the reconciliation account in the customer's
master data?

A. The field status of the posting key.

B. The field status of the customer account group.
C. The field status of the activity
D. The field status group of the reconciliation account.

Q – Your customer wants to add a new company code and asks you to make the configuration settings
for document types and number ranges. What do you have to do?

A. No additional settings are necessary

B. Define number ranges for the new company code
C. Allow all document types for the new company code.
D. Set a second number range for all document types.

Q – Standard ASAP (Accelerated SAP) roadmaps outline the activities involved in SAP solutions
Identity the four main types of roadmaps:

A. Global Template Roadmap

B. Implementation Roadmap
C. Solution Roadmap
D. Download Roadmap
E. Solution Management Roadmap
F. Upgrade Roadmap

Q – SAP Solution Manager is a stand-alone system that communicates with the systems in various
landscapes.

A. False
B. True

Q – It is not possible to use third-party software in your solution monitoring strategy when using
Solution Manager.

A. True
B. False

Q – Identify the benefits of SAP Solution Manager. (There are 5 correct answers to this question)

A. More leverage from IT investments

B. Reduced cost of implementation
C. Reduced ROI
D. More reliable IT solutions
E. Faster ROI
F. Reduced cost of operation

Q – For which scenario can you use the cash journal?

A. To post incoming and outgoing payments in any transaction currency

B. To make remittances to vendors.
C. To record documents that will not be included in the general ledger.
D. To manage cash in local branches and offices.

Q – Of the items listed below, which are NOT features of Configuration? (There are more than one
correct answer to this question)

A. Generate Blueprint
B. Test Case Assignment
C. Transport Change Requests
D. Configure IMG Objects
E. Project Documentation

Q – Identify the features of a Business Blueprint from the following list: (There are more than one
correct answer for this question)

A. Business process groups

B. Blueprint document
C. Associated items
D. Business groups
E. Business scenarios
F. Blueprint structure

Q – You need to assign more than one company code to one controlling area. Under what kind of a
business scenario would you need to consider such a decision? (There are 2 correct answers to
this question.)

A. Multilevel Product Cost Management across company codes.

B. Representation of intercompany processes, whereby producing and delivering plant are the
same
C. Cross-company code transactions that MUST be processed in a controlling area

Q – Which of the following are interactive functions available in the SAP List Viewer? (There are 3
correct answers to this question.)

A. Master data modification

B. Dual control
C. Summation
D. Sorting
E. Filters

Q – When parking a document, which of the following occurs in the system?

A. The document number is not assigned but transaction figures are updated.
B. The document number is not assigned and transaction figures are not updated
C. The document number is assigned but transaction figures are not updated.
D. The document number is assigned and transaction figures are updated.
Q – The following activities are NOT part of the project management features of the SAP Solution Manager:
-Issues Management Plan

-Scope Management Plan

-Organization Change Management Plan

A. True
B. False

Q – Tax amounts of a Cross-Company code transaction are automatically distributed to the company
codes in which the expenses/revenues occurred

A. False
B. True

Q – Change Request Management provides a central, streamlined approach to managing changes in

the system landscapes:

A. True
B. False

Q – You can configure the SAP system to calculate interest for customers or vendors that owe you
money. You cannot calculate interest; however, if you owe your business partner money.

A. True
B. False

Q – Identify the features of the service desk from the items listed below. (There are more than one
correct answer to this question)

A. SAP Help
B. Customer solution database
C. Error handling
D. Solution Manager diagnostics
E. Managing SAP Notes
F. Message handling process

Q – Which objects can be assigned to an asset master record? (There are 3 correct answers to this
question.)

A. Cost center.
B. Profit center.
C. WBS element.
D. Profitability segment.
E. Internal order

Q – Which of the following tax types does the SAP System support for calculating, posting, and
correcting tax, as well as for tax reporting? (There are 3 correct answers to this question.)

A. Top-Up Tax
B. Additional Taxes
C. Tax on sales & purchases
D. Withholding Tax

Q – ASAP (Accelerated SAP) Roadmap is aimed at providing step-by-step direction and guidance
throughout the project implementation

Please choose the correct order of the 5 Phases in the project implementation lifecycle:

A. Project preparation, 2) Business blueprint, 3) Realization, 4) Final preparation, 5) Go Live &

Support I I 1) Project preparation, 2) Final preparation, 3) Business blueprint, 4) Realization, 5) Go
Live & Support
B. Business blueprint, 2) Project preparation, 3) Final preparation, 4) Go Live & Support, 5)
Realization
C. Go Live & Support, 2) Project preparation, 3) Business blueprint, 4) Final preparation, 5)
Realization Z
D. Business blueprint, 2) Project preparation, 3) Final preparation, 4) Realization, 5) Go Live &
Support

Q – The purpose of ASAP (Accelerated SAP) is to successfully implement SAP solutions across
multiple industries and customer environments.

A. False
B. True

Q – About evolution in the world of business, we can affirmate that (Please choose the correct
sentence):

A. The internet revolution could turn available to companies the use of ERP functionality.
B. The next generation of "new dimension" products appeared taking functionality out of the
company, to bring value through extending the Internet Revolution.
C. The internet has driven to a collaborative environment where value is created through
collaboration within business communities.
D. In the first the companies were looking at Cost reduction and efficiency through integration of
business communities.

Q – About the definition of ERP and e-business functionalities, we can say that (Note: we can have
more than one correct sentence. Please select the sentences you think they are correct): (4)

ERP offers enterprise centric functionality (general ledger, payroll, order entry) to integrate core,
internal processes.

A. ERP is mySAP Financials and mySAP HR.

B. ERP is SAP R/3, while e-business is [Link].
C. About Business Model, ERP can be considered as enterprise centric and e-business, as
extended and collaborative.
D. About Architecture, ERP can be considered as an integrated system and e-business, as an
integrated system and an open integration platform.
E. About Processes, ERP can have them integrated, core within enterprises and collaborative,
beyond company boundaries.

Q – What is a SAP Business Object (Please choose the correct sentence)?

A. It is all the transaction data generated via transactions.

B. It is the instanced class of the Class Builder.
C. It is composed of tables that are related in a business context, including the related application
programs and it is maintained in the Class Repository.
D. It is the representation of a central business object in the real world, such as an employee,
sales order, purchase requisition, invoice and so on.
E. It is a sequence of dialog steps that are consistent in a business context and that belong
together logically.

Q – About BAPI (Business Application Programming Interface), what is true (Note: we can have more
than one correct sentence. Please select the sentences you think they are correct)?

A. It is a well-defined interface providing access to processes and data of business application

systems.
B. BAPIs offer a stable, standardized interface for integrating third-party applications and
components in the Business Framework.
C. A BAPI is assigned to one and only one business object.
D. In the R/3 Enterprise version (4)7) we can use BAPI to create an internal order inside a
customized ABAP program.
E. A business object in the Business Object Repository (BOR) can have many methods from
which one or several are implemented as BAPIs.

Q – What can we say about ALE (Application Link Enabling, Note: we can have more than one correct
sentence. Please select the sentences you think they are correct)? (3)

A. Business processes cannot be distributed using ALE.

B. The ALE concept is related to an enterprise structure with areas that have central tasks and
areas with tasks that are decentralized.
C. The applications are integrated via a central database.
D. The applications are integrated via the message exchange.
E. The ALE concept supports the implementation and operation of distributed SAP applications.

Q – A company code is:(1)

A. an independent accounting entity (the smallest organization element for which a complete self-
contained set of accounts can be drawn up).
B. an organizational unit in an enterprise that represents a closed system used for cost accounting
purposes.
C. an organizational unit that provides an additional evaluation level for the purpose of segment
reporting, for example.
D. a dependent accounting entity, according to Fiscal Year.
E. the highest level in the R/3 system hierarchy.

Q – Consider the following sentences:

1) The variant principle is a three-step method used in R/3 to assign special properties to one or
more R/3 objects.

2) One of the disadvantages to use variants is that it can't deal with the maintenance of properties,
which are common among several business objects

3) For using the variant principle, you must define the variant, populate it with values and assign it
to the R/3 objects.
4) This principle is used for Fiscal Years, Posting Periods and so on.

Which of them is false?

A. 1 and 2)
B. 1 and 3)
C. 1)
D. 2
E. 3)

Q – Consider the following sentences:

1) A fiscal year has to be defined by means of separating business transactions into different
periods.

2) Special periods are used for postings, which are related to the process of the year-end closing.
In total, 16 special periods can be used

3) The Fiscal Year variant only defines the amount of periods and their start and finish dates.

4) The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.

Which of them are true?

A. 1 and 2)
B. 1 and 3)
C. 2 and 3)
D. 2 and 4)
E. 3 and 4)

Q – What is an independent fiscal year variant (Please choose the correct sentence)? (1)

A. It is a variant which the postings periods are only equal to the months of the year.
B. It is a variant which you can define different number of periods, according to the year.
C. It is a variant which each own fiscal year uses the same number of periods, and the postings
periods always start and end at the same day of the year.
D. It is a variant which allows the use of different number of posting periods.
E. It is a variant not normally used because of its particularity.

Q – Consider the following statements about currencies concepts:

1) The currency code identifies each currency that will be used into R/3 system.

2) You have to define all the world's currency into R/3 system.

3) Exchange rate types distinguishes the exchange rates to be considered for various purposes,
such as valuation, translation, conversion, planning, etc.

Which of them is true (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)?

A. 1
B. 2)
C. 3)
D. 1 and 2)
E. All of them.
F. 1 and 3)

Q – Consider the following sentences:

1) A base currency can be assigned to an exchange rate type.

2) To deal with exchange rate spreads, two very efficient combinations of the exchange rate tools
are using a base currency for the average rate (M) and using the exchange rate spreads to
calculate the buying and selling rates (B and G).

3) A base currency can be used for an average, a buying or a selling rate.

4) The relations between currencies have to be maintained per exchange rate type and currency
pair in the translation factors. Which of these combinations is true? (1)

A. 1, 3 and 4)
B. 1, 2 and 4)
C. 2, 3 and 4)
D. 1, 2 and 3)
E. 1, 2, 3 and 4

Q – Consider the following sentences about the direct quotation:

1) It is also known as price notation.

2) The currency value is expressed in units of the foreign currency per unit of local currency

3) For direct quotation, the prefix to indicate the rate is "/".

What is the correct option?

A. 1)
B. 2)
C. 3)
D. None of them.
E. All of them.

Q – Consider the following sentences about the indirect quotation:

1) It is also known as volume notation.

2) The currency value is expressed in the local currency per unit of foreign currency

3) For indirect quotation, there is no prefix to difference between direct quotation. What is the
correct option?

A. All of them.
B. None of them.
C. 3)
D. 2)
E. 1)

Q – What of these alternatives are considered master data (Note: we can have more than one correct
sentence. Please select the sentences you think they are correct)? (4)

A. Chart of Accounts.
B. G/L Accounts.
C. Vendor.
D. Customer.
E. Asset

Q – What can we define into the chart of accounts customizing transaction (OB13 transaction, Note:
we can have more than one correct sentence. Please select the sentences you think they are
correct)? (4)

A. Description.
B. Maintenance language.
C. Length of the company code.
D. Length of the G/L account number.
E. Blocking / unblocking chart of accounts.

Q – Consider the following sentences about the chart of accounts segment:

1) It contains the Company Code, Account number and the field status group.

2) Whenever you need to enter information for a company code for an account number, you have
to type again the information related to chart of accounts segment.

3) Texts can be displayed using the program "Account assignment manual"(RFSKTHOO).

4) Keywords facilitate the search for account numbers.

Which of these combinations are false (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)?

A. 1
B. 2)
C. 3)
D. 4)
E. None of them.

Q – Please choose the right answer: (3)

A. Every company code that needs to use an account from the assigned chart of accounts has to
create its own company code segment
B. For P+L statement accounts, the balance is carried forward to the same account.
C. In the chart of accounts segment, it is necessary to indicate whether the account will be a
balance sheet or a profit + loss statement account.
D. Number intervals for G/L account master records can overlap.
E. It is not possible to influence the appearance of an account's master data.
Q – Consider the following sentences about field status:

1) Fields which are _____________can be ____________.

2) Fields which have an entry that ________________can be set to _________only (even in change mode)

Which of the options below matches the blank spaces of those sentences?

A. used/suppressed for 1; must be changed/display for 2)

B. not used/suppressed for 1; must be changed/display for 2)
C. not used/optional for 1; should not be changed/suppressed for 2)
D. not used/suppressed for 1; should not be changed /display for 2)
E. used/optional for 1; must be changed/display for 2)

Q – Consider the following sentences about field status:

1) Fields which _____________can be made____________.

2) Fields that can be entered, but are not required, can be set to _________entry

Which of the options below matches the blank spaces of those sentences?

A. must not have an entry/optional for 1; suppressed for 2)

B. must have an entry/suppressed for 1; suppressed for 2)
C. must have an entry/optional for 1; optional for 2)
D. must have an entry/required for 1; optional for 2)
E. must not have an entry/required for 1; optional for 2)

Q – Consider the following sentences:

1) Reconciliation accounts are general ledger accounts assigned to the business partner master
records to record all transactions in the sub-ledger

2) For accounts without line item display, the most important data from the posted line items is
stored in a special index table.

3) The account currency must be in the local currency.

4) Items in accounts with open item management means the G/L accounts should have a
offsetting posting for a given business transaction.

Which of these are true (Please choose the correct sentence)?

A. 1 and 3)
B. 2 and 4)
C. 1 and 2)
D. 2 and 3)
E. 1 and 4)

Q – Since the line item display takes up additional system resources, you should only use it if there is
no other way of looking at the line items. So, you should not activate the line item display for the
following accounts
(Note: we can have more than one correct sentence. Please select the sentences you think they
are correct): (4)

A. P+L Statement.
B. Reconciliation.
C. Revenue.
D. Material Stock.
E. Tax.

Q – Consider the following statements:

1) Accounts with open item management must have line item display activated.
2) You can activate or deactivate open item management everytime, even if the account hasn't a zero
balance.

3) You can select both local and foreign currencies as account currency.

4) If the account is the local currency, the account can only be posted to this currency.

5) When using the "Only Balances in Local Currency" indicator in the master data record,
transaction figures are only managed for amounts translated into local currency.

Which of the above statements are true (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)? (3)

A. 1)
B. 2)
C. 3)
D. 4)
E. 5)

Q – Please choose the right answers (3)

A. The "Only Balances in Local Currency" indicator must not be set in reconciliation accounts for
customers or vendors.
B. The "Only Balances in Local Currency" indicator is usually set in balance sheet accounts that
are not managed in foreign currencies and not managed on an open item basis.
C. Accounts with a foreign currency as an account currency can be posted to any currency.
D. You can use a group chart of accounts for internal purposes.
E. The usage of a financial statement version for the group chart of accounts is optional.

Q – What is the disadvantage of using the group chart of accounts? (Please choose the correct
sentence)

A. Because changes to existing G/L Accounts are effective as soon as they have been saved and
could have extensive consequences
B. Because accounts with the account currency as local currency can only be posted to this local
currency
C. Because the company codes use different operational chart of accounts, you cannot carry out
cross-company code controlling.
D. Because the group chart of accounts must be assigned to each operational chart of accounts.
E. Because you must enter the group account number in the chart of accounts segment of the
operational account.
Q – Consider the following statements:

1) You cannot use the country chart of accounts if you desire to use the cross-company code
controlling.

2) The disadvantage of using country chart of accounts is the accounting clerks who may be
familiar with the country chart of accounts first have to get used to using the operational chart of
accounts.

3) Reconciliation accounts are updated on a daily basis. Which of them are false (Please choose
the correct sentence)?

A. 1 and 2)
B. 1 and 3)
C. 2 and 3)
D. All of them.
E. None of them.

Q – Which are the segments of the SD view of the customer account master data?

Note: we can have more than one correct sentence. Please select the sentences you think they
are correct) (2)

A. Client.
B. Company Code.
C. Controlling Area.
D. Sales Area.
E. Purchasing Organization.

Q – Which are the segments of the MM view of the customer account master data (Note: we can have
more than one correct sentence. Please select the sentences you think they are correct)? (2)

A. Client.
B. Company Code.
C. Controlling Area.
D. Sales Area.
E. Purchasing Organization

Q – What is the segment that makes complete both customer and vendor accounts (Please choose
the correct sentence)?

A. Client.
B. Company Code.
C. Controlling Area.
D. Sales Area.
E. Purchasing Organization.

Q – What characteristics are configured as standard for every customer/vendor account (Note: we can
have more than one correct sentence. Please select the sentences you think they are correct)? (2)

A. Line Item Display.

B. Company Code.
C. Currency.
D. Open Item Management.
E. Purchasing Organization.

Q – Consider the following statements:

Which of the above statements are true (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct)? (3)

A. Number ranges for customer/vendor accounts can overlap.

B. An one-time account is a special customer/vendor master record which a company rarely do
business.
C. The account group is used to control the fields displayed in the master record.
D. If you enter an alternative payer, the amount to clear the open items due in the account is paid
by the alternative payer.
E. One number range can only be assigned to one account group.

Q – Please choose the right statements: (3)

A. For every bank that is used in the system (for example, as a house bank or as a
customer/vendor bank) you have to create a bank master record.
B. You cannot create bank master data when entering bank information in the customer or vendor
master record.
C. Banks that are used by your company are defined as house banks.
D. Customers that use the lockbox function can create a batch input session that automatically
updates customer banking information in the master record.
E. Bank Account and G/L Account are the same master data object.

Q – Please choose the right statements: (3)

A. Number ranges for document numbers and account types defined for postings are defined by
the document types
B. Document types are defined at company code level.
C. Document types also define whether invoices are posted with the net procedure.
D. The system can assign the document numbers or the user can assign the number during
document entry.
E. A business transaction creates only one document.

Q – What do the posting keys specify? (4)

(Note: we can have more than one correct sentence. Please select the sentences you think they are correct)?

A. Whether the accounts are allowed for posting.

B. Whether the line items are valid for a business transaction.
C. Whether the line items contain "credit" or "debit" values.
D. Whether the line item is connected to a payment transaction or not.
E. Whether the posting is sales-relevant and the sales figure of the account is to be updated by
the transaction, for example, by the posting of a customer invoice.

Q – Consider the following statements: What is the right statement(s)? (3)

A. '+' symbol represents all account types in the posting period customizing screen.
B. A company code must be assigned to a posting period variant to have the control for posting
periods.
C. The maximum amounts are defined per company code in "tolerance groups".
D. It is not possible to assign tolerance groups to user logon ID'S.
E. The account interval in the posting period customizing screen can be both G/L and subledger
accounts.

Q – What fields of a Fl Document Header section can be changed after a document has already been
posted? (2) (Note: we can have more than one correct sentence. Please select the sentences you
think they are correct)

A. Reference Number.
B. Header text.
C. Fiscal Year.
D. Posting date.
E. Text fields.

Q – About the change control, what conditions below are applicable? (3)

(Note: we can have more than one correct sentence. Please select the sentences you think they
are correct)

A. The document is not a credit memo from a down payment.

B. The line item is either a debit in a customer account or a credit in a vendor account.
C. The posting period is already closed.
D. The document is a credit memo for an invoice.
E. The line item is not yet cleared.

Q – What are the prerequisites to enable negative postings? (3)

(Note: we can have more than one correct sentence. Please select the sentences you think they
are correct)

A. You have to define the document type that explicitly allows negative postings.
B. You have to define reversal reasons for negative reversal.
C. You have to reset cleared items.
D. You have to ensure company code permits negative postings. You have to use cleared items.

Q – What is the purpose of the terms of payment? (Please choose the correct sentence)
A. Define the baseline date.
B. Enable the cross-company code transactions.
C. Calculate a cash discount and invoice due date.
D. Calculate only the required conditions for SD invoices
E. Calculate the tax amounts.

Q – Consider the following statements:

Which of the statements is false (Please choose the correct sentence)?

A. The account type field in terms of payment basic data screen should be defined separately, to
prevent any done change in the term of payment.
B. Terms of payments are copied from invoice to credit memos when they are linked to.
C. Inserting a "V" in the invoice reference field during document entry means the terms of payment
are activated in the non-invoice-related credit memos.
D. The day limits define the dates of the cash discount periods.
E. The system cannot define the splitment of an installment payment, at least you define it in the
terms of payment.

Q – Please choose the right answers: (2)

A. A tax calculation procedure is assigned to every company code for carrying out tax calculations.
B. If you desire to post manual tax postings, you have to flag the "Post Automatically Only" field of
the account master record.
C. A jurisdiction code is a combination of the codes of tax authorities that tax movements of goods
and use their own tax rates.
D. SAP supports tax on sales and purchases, US sales tax, additional taxes and withholding tax
as tax systems for different countries
E. Only national level of taxation is allowed in the R/3 system.

Q – What are the examples of cross-company code transactions in the R/3 system? (3)

(Note: we can have more than one correct sentence. Please select the sentences you think they
are correct)

A. One company code makes purchases for other company codes (Central Procurement).
B. One company code sells goods to other company codes.
C. One company code pays invoices for other company codes (Central Payment).
D. One company code transfers CO postings to other company codes.
E. One company code sends HR salary expenses to other company codes.

Q – Consider the following statements:

Which of the statements are true (Note: we can have more than one correct sentence. Please
select the sentences you think they are correct)? (2)

A. "Posting with clearing" function can be carried out for several accounts, account types and for
any currency simultaneously.
B. Open items are incomplete transactions, such as invoices that have not been paid.
C. Items with withholding tax can be cleared for the automatic clearing program.
D. You can only carry out the "posting with clearing" transaction manually.
E. Documents with open items can be archived.

Q – What are the three types of tolerances in the Fl component of the R/3 system (Please choose the
correct sentence)?

A. Company Code Groups, G/L Account tolerance groups and Customer/Vendor tolerance
groups.
B. Employee tolerance groups, G/L Account tolerance groups and Customer/Vendor tolerance
groups.
C. Employee tolerance groups, Assets tolerance groups and Customer/Vendor tolerance groups.
D. Company Code Groups, Employee tolerance groups and Customer/Vendor tolerance groups.
E. Employee tolerance groups, Material Stock tolerance groups and Customer/Vendor tolerance
Groups.
Q – Please choose the right answers (4)

A. The system doesn't post the exchange rates differences as realized gains or losses.
B. When the payment has been posted as a partial payment, all the documents remain in the
account as open items.
C. When the payment has been posted as a residual payment, only the residual value remains in
the account and the original document and the payment are cleared.
D. Realized exchange rate difference is the considered rate when an open item is cleared.
E. G/L accounts must be defined for exchange rate losses or gains.

Q – Which of them are valid business transaction types for cash journal? (4) (Note: we can have more
than one correct sentence. Please select the sentences you think they are correct)
A. Revenue.
B. Dunning
C. Expense.
D. Customer Incoming/Outgoing payments
E. Vendor Incoming/Outgoing payments Cash transfer.

Q – What are the four steps of the automatic payment process? (Please choose the correct sentence)

A. Approve and/or modify payments, generate proposal run, start payment run and schedule print.
B. Maintain parameters, generate proposal run, start payment run and schedule print.
C. Maintain parameters, start payment run, post payment documents and schedule print.
D. Select open invoices, maintain parameters, post payment documents and start payment run.
E. Select open invoices, approve and/or modify payments, post payment documents and print
payment media

Q – What can we define for the "All Company Codes" section, in the payment program configuration?

(5) (Note: we can have more than one correct sentence. Please select the sentences you think
they are correct)
A. Salary payments also for another Company code
B. Cash discount.
C. Intercompany payment relationships.
D. The company code(s) that process payments.
E. The customer and vendor transactions to be processed.
F. Tolerances days for payments.

Q – What is a sending company code? (Please choose the correct sentence)

A. It is a company code that receives only actual data from the receiver company code.
B. It is a company code that sends only planned data to the receiver company code.
C. It is a company code that passes the responsibility for processing the outgoing payments to
another company code.
D. It is a company code that is responsible for processing the outgoing payments,
E. It is a company code that has many plants.

Q – What can we define for the "Paying Company Codes" section, in the payment program
configuration? (3) (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)

A. Intercompany payment relationships.

B. Bill of exchange specifications.
C. Minimum amounts for incoming and outgoing payments.
D. Tolerances days for payments.
E. Forms for payment advice and EDI.
Q – What can we define for the "Payment Method / Country" section, in the payment program
configuration? (4) (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)

A. Define the master record requirements, i.e. address required, for each payment method.
B. Document types to be used for posting and clearing documents for each payment method.
Define the permitted currencies for each payment method.
C. Define payment methods (check, bank transfer, etc.) for each country.
D. Forms for payment advice and EDI.

Q – What can we define for the "Payment Method / Company Code" section, in the payment program
configuration? (5) (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)

A. Bank optimization.
B. Minimum and maximum payment amounts.
C. Forms for payment media.
D. Whether payments abroad and foreign currencies are allowed.
E. Grouping options.

Q – About the dunning program configuration, what controls how dunning is carried out (Please
choose the correct sentence)?

A. Company Code.
B. Customer master record.
C. Dunning procedure.
D. Dunning texts.
E. Sales Organization.

Q – What can we say about "Bank selection" section, value date field, in the payment program
configuration? (2) (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)

A. Used with the Currencies.

B. Used with cash management and forecast.
C. The offset account to the sub ledger posting.
D. The number of days until value date plus the posting date.
E. Define the permitted currencies for each payment method.

Q – What can we define for "Bank selection" section, accounts and amounts, in the payment program
configuration? (3) (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)

A. Available funds in each bank.

B. Used with cash management and forecast.
C. The offset account to the sub ledger posting.
D. Clearing accounts for bills of exchange.
E. Used with the Currencies.

Q – What can we say about "Bank selection" section, charges, in the payment program configuration?

(3) (Note: we can have more than one correct sentence. Please select the sentences you think
they are correct)
A. Used with bills of exchange.
B. Additional automatic posting configuration.
C. The number of days until value date plus the posting date.
D. Assess additional bank charges for incoming and outgoing payments.
E. Define the permitted currencies for each payment method.

Q – Consider the following statements:

Which of the following options is correct? (2)

A. The payment block can be in: Payment term, Vendor/Customer master data and Invoices.
B. Invoices that match the specified payment parameters but, for some reason, cannot be paid are
listed in the exception list.
C. In the proposal run, payments and related postings such as those for tax, tax adjustments,
exchange rate differences or cash discount are posted automatically.
D. DME means Document Medium Exchange.

Q – Please choose the correct Answers (4)

A. A payment method can be used only if it is entered in the account master record.
B. The payment proposal can be edited, deleted and recreated as often as necessary
C. All the company codes in the payment run parameters must be in the same country.
D. The exception list is part of the payment proposal.
E. If you are using check management, you have to use check lots to print checks.

Q – Consider the following statements:

Which of the following options is correct?

A. You cannot schedule an automatic payment program.

B. The debit balance check can be carried out after a payment proposal has been created.
C. When using the Payment Medium Workbench (PMW), the note to payee can be freely defined
in Customizing

Q – What of the following options we can define for each duning Procedure, in the dunning program
configuration? (3) (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)

A. Grace periods per line item.

B. Key for the dunning procedure to be used.
C. Currencies.
D. Interest calculator indicator for calculation of dunning interest.
E. Bill of exchange account.

Q – What of the following options we can define for each duning Levels, in the dunning program
configuration? (3) (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)

A. Minimum number of days, referring to the due date of net payment, to reach a certain dunning
level
B. Key for the dunning procedure to be used.
C. If interest is to be calculated.
D. Interest calculator indicator for calculation of dunning interest.
E. Print parameters.

Q – What of the following options we can define for Expenses/Charges, in the dunning program
configuration? (2) (Note: we can have more than one correct sentence. Please select the
sentences you think they are correct)

A. A minimum amount for the dunning charges can be set.

B. Key for the dunning procedure to be used.
C. If interest is to be calculated.
D. Dunning charges, depending on the dunning level.
E. Print parameters.

Q – Please choose the correct answers (3)

A. Customers without dunning procedure in the master record are dunned with a default dunning
procedure
B. If dunning areas are not used, dunning is performed at the company code level.
C. It is possible to dun vendors as well as customers.
D. The "run date" is always the date when a certain dunning run is supposed to be started.
E. The parameters specify the accounts and documents that are to be considered in the dunning
run.

Q – Please choose the correct answers (2)

A. The payment terms of a credit memo usually do not apply, and the due date is either the due
date of the associated invoice or the baseline date of the document.
B. Every dunning procedure must have at least four dunning levels.
C. An account is only dunned if all the overdue items have exceeded the minimum days in arrears.
D. The dunning run updates the dunning data in the dunned items and accounts.
E. A dunning notice is only sent if the dunning data has changed since the last dunning run or if
"Always dun?" is selected.

Q – Please choose the correct answers (3)

A. There are two types of interest calculation in SAP R/3: account balance and interest on arrears.
B. Account balance interest calculation is applied to individual items in accounts receivable or
accounts payable.
C. Account master data must contain an interest calculation indicator for interest calculation to
take place.
D. On a given account, SAP R/3 cannot calculate different interest rates based on the amounts of
balances or items.
E. You can configure SAP R/3 to calculate interest for customers or vendors that owe you money.
You cannot calculate interest, however, if you owe your business partner money.

Q – Consider the following statement about Correspondence:

A______ <1>______represents a type of letter in the system. Each______<1> has a
corresponding_____<2>_____. Each_____<2> has a selection variant. Each_____<3>_____is
assigned a SAPScriptform.

Please choose the option that substitutes <1>, <2> and <3>, respectively:

A. correspondence, correspondence type, print program.

B. correspondence type, SAP Script form, print program.
C. print program, program, correspondence type.
D. correspondence type, print program, program.
E. program, print program, correspondence type.

Q – Please choose the correct answers (3)

A. You can void a check without reversing the payment document.

B. You can void a check and reverse the payment document at the same time.
C. You can void a check and reverse the payment document and the vendor invoice all at the
same time.
D. You have to maintain customer bank details manually in the master record to ensure that as
many incoming payments are assigned as possible.
E. You can define as many financial statement versions as you need to prepare reports according
to various criteria, for example, for tax authorities, for other external users and for internal
purposes.

Q – Consider the following statements:

Which of the statements are false (Note: we can have more than one correct sentence. Please
select the sentences you think they are correct)? (2)

A. Balance confirmations are done at the beginning of the fiscal year.

B. You carry out the foreign currency valuation after you have created the financial statements.
C. You can use SAPF100 report to regroup and sort the receivables and payables.
D. You enter individual value adjustments (IVA) as a special G/L transaction E.
E. You can use the SAPF107 program ("Additional valuations") to carry out a flat-rate individual
value adjustment.

Q – Consider the following statements:

1) The profit and loss statement can be created using two types of accounting: ____<1> ____
and____<2>______.

2) In____<1> ____„ the total output of a period and the total costs of this period are summarized

3) In____<2>____„ the sales revenue for a period and the sales costs of the period are
summarized

4) You can derive the____<3>____via a substitution rule, if it cannot be entered in the master
data.

Please choose the option that substitutes <1>, <2> and <3>, respectively:

A. cost of sales accounting, functional area, period accounting

B. functional area, period accounting, cost of sales accounting
C. period accounting, cost of sales accounting, functional area
D. functional area, cost of sales accounting, period accounting
E. period accounting, functional area, cost of sales accounting

Q – What is the intention when we create accruals (Please choose the correct option)? (1)

A. It means the expense/revenue were posted to the current period on receipt/issue of an invoice,
but economically they belong, at least partially, in a future period.
B. It means the expense/revenue belong in the current period and are only posted to a
subsequent period once an invoice has been received or issued.
C. It means the payment won't never occur.
D. It means it is a special G/L transaction.
E. It means it is a normal Fl Document (document type SA).

Q – Consider the following sentences:

Which of the sentences is false (Please choose the correct option)?

A. The Accrual Engine is a generic tool for calculating and creating accrual postings.
B. One of the disadvantages of being using the Accrual Engine is that you can make periodic
accruals postings automatically as performance optimized mass data processing using an accrual
run.
C. You have to create deferrals when an expense or revenue is posted in the current period, but is
incurred or earned partly or completely in the future.
D. The purpose of the account determination in the Accrual Engine is: determine the document
type, the debit account and the credut account.
E. One of the benefits provided by the Schedule Manager is the closing process is more
transparent and easier to handle.

=========================================================================================

1. Answer: B,C,D,E,F
2. Answer: D
3. Answer: C,D
4. Answer: E
5. Answer: B
6. Answer: C,D
7. Answer: B,C,D
8. Answer: B
9. Answer: B
10. Answer: A
11. Answer: B,C,D
12. Answer: A,B,C
13. Answer: A,B,D
14. Answer: A
15. Answer: C
16. Answer: B
17. Answer: A,B,E,F
18. Answer: B
19. Answer: B
20. Answer: A,B,D,E,F
21. Answer: D
22. Answer: A,C
23. Answer: A,B,C,E,F
24. Answer: A,C
25. Answer: C,D,E
26. Answer: C
27. Answer: B
28. Answer: A
29. Answer: A
30. Answer: A
31. Answer: B,D,E,F
32. Answer: A,D,E
33. Answer: B,C,D
34. Answer: A
35. Answer: B
36. Answer: C
37. Answer: A,C,D,E
38. Answer: D
39. Answer: A,B,C,D,E
40. Answer: B,D,E
41. Answer: A
42. Answer: D
43. Answer: B
44. Answer: C
45. Answer: F
46. Answer: B
47. Answer: A
48. Answer: E
49. Answer: B,C,D,E
50. Answer: A,B,D,E
51. Answer: A,B
52. Answer: A,C,D
53. Answer: D
54. Answer: D
55. Answer: E
56. Answer: B,C,D,E
57. Answer: A,C,E
58. Answer: A,B,D
59. Answer: C
60. Answer: B
61. Answer: A,D
62. Answer: A,E
63. Answer: B
64. Answer: A,D
65. Answer: B,C,D
66. Answer: A,C,D
67. Answer: A,C,D
68. Answer: A,C,D,E
69. Answer: A,B,C
70. Answer: A,E
71. Answer: A,B,E
72. Answer: A,B,D
73. Answer: C
74. Answer: D
75. Answer: C,D
76. Answer: A,B,C
77. Answer: A,B
78. Answer: B
79. Answer: B,C,D,E
80. Answer: A,C,D,E
81. Answer: B
82. Answer: B,C,D,E,F
83. Answer: C
84. Answer: B,C,E
85. Answer: A,B,C,D
86. Answer: A,B,C,D,E
87. Answer: C
88. Answer: B,D
89. Answer: A,C,D
90. Answer: A,B,D
91. Answer: A,B
92. Answer: B,C,D,E
93. Answer: C
94. Answer: A,B,D
95. Answer: A,C,E
96. Answer: A,D
97. Answer: B,C,E
98. Answer: A,E
99. Answer: A,C,E
100. Answer: D
101. Answer: A,B,E
102. Answer: B,C
103. Answer: C
104. Answer: B
105. Answer: B