Online Exam Quiz

questionQuestion  1 to 30

What is a fiscal year variant?

  • Currency option
  • Posting layout
  • Definition of posting periods
  • Payment format
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In S/4HANA, how is Asset Accounting simplified?

  • Uses classical depreciation areas
  • Uses new Asset Accounting with ACDOCA
  • Requires batch jobs
  • Requires CO configuration
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What is a controlling area?

  • Customer classification
  • Organizational unit for cost accounting
  • Costing method
  • Chart of depreciation
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What happens during asset year-end closing?

  • Customer aging report is updated
  • G/L accounts are locked
  • Depreciation is posted and closed for year
  • SD billing is generated
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What is the default currency type for group reporting?

  • 10
  • 30
  • 40
  • 20
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Which of the following is a planning tool in SAP CO?

  • KE51
  • KP06
  • FK01
  • FS00
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In SAP, what is the function of posting keys?

  • Define tax rates
  • Control debit/credit and account type
  • Determine pricing
  • Assign vendors
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What is the T-code for automatic payment run?

  • F110
  • F-53
  • F-28
  • FB50
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What is an example of statistical posting?

  • Customer invoice
  • Cost allocation
  • Profit center posting
  • Bank payment
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What is internal order used for?

  • Sales reports
  • Cost tracking of specific tasks/projects
  • Payroll monitoring
  • Profit center 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 field status group?

  • Determines which fields are required or optional
  • Authorization group
  • Document type
  • Company code
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What type of data is stored in ACDOCA?

  • Configuration
  • Master data
  • Line-item data
  • Pricing data
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What document type is used for manual customer invoice?

  • KR
  • DR
  • DZ
  • SA
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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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What does the ?Controlling Area? enable in SAP?

  • Material planning
  • Inter-company reconciliation
  • Cost and profitability analysis
  • Payroll processing
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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 does SAP use for multi-dimensional reporting?

  • ABAP
  • CO-PA
  • FI-AA
  • SD-Pricing
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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 Ledger in S/4HANA Finance?

  • For workflow design
  • For maintaining multiple accounting principles
  • For printing reports
  • For payroll processing
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What is the T-code for Balance Sheet display?

  • F.01
  • FBL1N
  • FB03
  • KE5Z
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What does OB52 configure?

  • Payment terms
  • Posting periods
  • Asset groups
  • Tax codes
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What table stores FI document header data?

  • BKPF
  • BSEG
  • BSID
  • SKA1
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What is the purpose of transaction code F-02?

  • Post General Journal
  • Display Vendor Line Item
  • Post Customer Payment
  • Manage Assets
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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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What is used to assign a G/L account to an asset class?

  • Cost Element Category
  • Reconciliation account
  • Document splitting
  • Business partner
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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 enables intercompany transactions in SAP?

  • BP grouping
  • Company code link
  • Intercompany configuration in FI
  • Reference documents
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What does the T-code FAGLL03 show?

  • Vendor summary
  • G/L line items
  • Internal orders
  • Assets
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Which T-code is used to define document types?

  • OBY6
  • OBA7
  • OB52
  • OB08
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