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What is the Universal Journal in S/4HANA?

  • Journal for SAP BW
  • Consolidated document combining FI and CO data
  • Legacy G/L format
  • SAP CRM log
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What is the role of version in SAP CO?

  • To track master data
  • To track currency updates
  • To track actual vs plan data
  • To track user logins
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What is defined in the transaction code OBY6?

  • Define company code
  • Assign chart of accounts
  • Activate components for company code
  • Set up payment terms
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What is a tax code in SAP?

  • Customer code
  • Key to calculate taxes
  • Authorization role
  • Asset grouping tool
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What does BSEG store?

  • Material master data
  • Document line items
  • Company code data
  • GL balances
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What is the importance of chart of depreciation?

  • Manages customer pricing
  • Supports multiple asset valuations
  • Assigns fiscal year
  • Controls SD flows
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Which document type is used for automatic payments?

  • SA
  • ZP
  • DZ
  • KR
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What is a business transaction in SAP?

  • Payroll run
  • Logical grouping of financial postings
  • Document layout
  • Price update
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What does SAP's ACDOCP table store?

  • Master data
  • Plan data
  • Historical data
  • Configuration data
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In SAP, what is a reconciliation ledger?

  • Ledger for payroll
  • Ledger for controlling data
  • Ledger to integrate CO and FI
  • Ledger for materials
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What does S/4HANA eliminate in New Asset Accounting?

  • Reconciliation account
  • Traditional depreciation posting
  • Classic G/L
  • Parallel depreciation areas
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What does T-code ?KE5Z? show?

  • Profit center reports
  • Vendor line items
  • Cost element overview
  • COPA line items
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What is the benefit of the Business Partner approach in S/4HANA?

  • Faster printing
  • Simplified master data for customers/vendors
  • Multi-plant planning
  • Legacy upload tool
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What is the use of transaction OB08?

  • Maintain Exchange Rates
  • Define Cost Centers
  • Assign Chart of Accounts
  • Reconcile Accounts
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What is the T-Code for recurring entry in SAP?

  • F-02
  • FBD1
  • FB50
  • F-90
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What is the role of Ledger in S/4HANA Finance?

  • For workflow design
  • For maintaining multiple accounting principles
  • For printing reports
  • For payroll processing
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In SAP, what is the purpose of the asset explorer (AW01N)?

  • Asset acquisition
  • Asset planning
  • Asset overview and depreciation tracking
  • Asset retirement
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Which module handles internal orders?

  • SAP FI
  • SAP CO
  • SAP SD
  • SAP MM
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Which table in SAP stores asset master records?

  • ANLA
  • BKPF
  • BSEG
  • ACDOCA
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What is the role of the Business Partner (BP) in S/4HANA?

  • Used for SD only
  • Replaces customer/vendor master
  • Only used in MM
  • For GL posting
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Which of the following is true about New G/L?

  • Uses only one segment
  • Supports parallel accounting
  • Doesn't allow document splitting
  • Is only used in legacy systems
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What is the use of transaction code FAGLL03H?

  • Legacy report
  • HANA-optimized G/L line item display
  • Asset Explorer
  • Journal entry display
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Which component manages the flow of costs within SAP?

  • SD
  • FI
  • CO
  • PP
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What is an example of statistical posting?

  • Customer invoice
  • Cost allocation
  • Profit center posting
  • Bank payment
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In Asset Accounting, what is an asset class?

  • Chart of depreciation
  • Classification of similar assets
  • Cost element type
  • Reconciliation account
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What is used to group vendors in SAP?

  • Posting key
  • Account group
  • Plant code
  • Tolerance group
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What is SAP S/4HANA Central Finance?

  • A logistics tool
  • Centralized finance reporting system
  • Inventory planner
  • Legacy migration kit
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What is the reconciliation account used for?

  • Balancing profit
  • Posting material cost
  • Linking sub-ledgers to G/L
  • Tax control
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In S/4HANA, how many ledgers can be active at once?

  • 1
  • Unlimited
  • 3
  • 2
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What is the T-code for Balance Sheet display?

  • F.01
  • FBL1N
  • FB03
  • KE5Z
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