Managerial and financial Accounting Q & A # 1 1. The length of G/L account number should be mentioned in a. G/L account groups b. G/L account c. Chart of accounts d. None of the above
2. The G/L account becomes a complete G/L account a. if we have added the company code segment to chart of account segment b. if we have created both company code segment and chart of account segment centrally c. if we have created chart of account d. if we have copied the chart of account segment from other company code
3. If we are using the same chart of account in more than one company code a. the company code segments are same in all company codes b. the account name and account number is the same in all company codes c. the currency in company code segment in all company codes is the same d. the group account number is different in all company codes 4. The appearance of the company code segment of a G/L account is based on a. account group entered in the chart of account segment b. group account number entered in chart of account segment c. assignment of group chart of account in chart of account d. none of the above 5. The appearance of an account master data is based on a. account number b. field status c. chart of account d. none of the above 6. Creation of duplicate accounts in A/P can be prevented by using a. the match code before creating the new account b. sensitive dual control c. switching on automatic auto matic duplication check d. none of the above 7. Which of the following statements are true, when you are considering the major controls of document types a. the account types t ypes allowed for postings b. the field status of head text and reference number c. posting c. posting keys d. none of the above 8. Which of the following statements are true a. posting keys are defined at client level b. account types allow line item postings based on the posting key c. field status definition µsuppressed¶ and µrequired¶ cannot be combined
d. field status groups are examples of variant principle 9. Which of the following are true if we are using the same posting period variant for several company codes a. opening and closing of periods to be done for each company code b. we cannot use the same posting period variant for several company codes c. we can maintain maintain different special periods for each company code 10. Which of the following statements are true a. we can open two period ranges during the time of closing process b. based on the t he document date entry, system will determine the po sting period and fiscal year c. if you display the balances of o f an account, the t he transaction figures for the posting periods are displayed 11. By mentioning the base line date, cash discount periods, and cash discount percentage rate in payment terms, system will calculate a. due date of the invoice and cash discount b. due date only c. cash discount only d. none of the above 12. Using the account clearing function, choose and match those existing open items from an account that balance to zero. The system marks them as cleared and creates a clearing document. The clearing document number and the clearing date is entered in the cleared open items. The clearing date can be the current date or a date that the user determines. State whether this statement is true or false 13. Which of the following statements are true a. we cannot have separate cash journal for each currency b. special general ledger indicators use the subsidiary ledger master records but are connected to the general ledger via alternative reconciliation accounts c. a down payment request is a noted item. It does not change any account balances. You can dun and pay automatically on the basis of down payment requests 14. The specifications for permitted payment differences can be found in both types of tolerance groups. They control the automatic posting of cash discount adjustments and unauthorized deductions. State whether this statement is true or false 15. All reconciliation accounts and all general ledger accounts with open item transactions in foreign currency must be assigned to the revenue/expense accounts for realized losses and gains. State whether this statement is true or false 16. R/3 system contains a. data base server only b. application server only c. presentation server only d. all of the above 17. All data and programs are contained in a. application server b. database server c. none of the above 18. SAP business object consists of
a. attributes b. methods c. attributes and methods d. none of the above 19. Maximum number of sessions a user can open when he logs on to SAP a. one b. three c. five d. six 20. Fiscal year can be a. year dependent b. year independent c. both year dependent and year independent 21. Fiscal year which is a calendar year can have a. 12 normal periods b. less than 12 normal periods c. more than 12 normal periods 22. Shortened fiscal year can have a. 12 periods b. more than 12 periods c. less than 12 periods d. should have less than 12 periods 23. Company code can have a. one local currency only b. two local currencies c. any no. of local currencies d. none of the above 24. Postings in a company code are done in G/L account of a. consolidation chart of accounts b. operative chart of accounts c. country chart of accounts d. all of the above 25. Retained earnings account is a. specific to company code b. specific to client c. specific to chart of accounts d. none of the above 26. Which of the following statements is true a. company can use indirect exchange rate only b. company use direct exchange rate only c. company can use both direct and indirect exchange rates 27. State which of the following is true in relation to SAP features a. business areas are company code specific b. business areas are assigned to company codes c. business areas are used for reporting across company codes d. none of the above
28. Posting in a G/L account is controlled by a. account group of the G/L account b. field status group in the chart of accounts segment c. field status group in the company code segment d. all of the above 29. Which of the following is true a. company code can have one retained earnings account only b. company code can have more than one retained earnings account c. chart of accounts can have more than one retained earnings account d. chart of accounts can have one retained earnings account only e. none of the above 30. Which of the following is true a. account group controls the document field status b. account group controls the number range of G/L accounts c. account group controls the master record field status d. all of the above 31. Which of the following are correct with respect to your G/L account house bank name a. the g/l account house bank name shall be the same as in the bank directory b. the g/l account house bank name need not be the same as the bank¶s name in the bank directory c. the g/l account house bank name is user-definable d. the g/l account house bank name is defined at the chart of account level e. the g/l account house bank name is modifiable at the company code segment of the chart of accounts 32. Your house bank number cannot be set to be defaulted from house bank key State whether this statement is true or false 33. The G/L account for a bank is linked to a. a house bank b. many house banks c. one house bank p0lus one account id d. one house bank plus multiple account ids in the same bank e. many house banks and many account ids 34. One bank account is mapped in SAP to a. account id b. house bank c. bank key d. G/L account e. Country plus bank key Answers 1. C 2. A 3. B 4. A 5. D (ACCOUNT GROUP) 6. A, C
7.
A, B 8. A, C, D 9. A-F, B-F, C-F 10. A-T, B-F, C-T 11. A 12. T 13. A-F, B-T, C-T 14. T 15. T 16. D 17. A,B 18. C 19. D 20. C 21. A 22. D 23. A 24. B 25. C 26. C 27. C 28. C 29. B,C 30. C 31. A-F, B-T, C-T, D-T, E-F 32. T 33. A,C 34. A,B
Managerial and financial Accounting Q & A # 2 1. Every company code can have following combinations as chart of accounts (COA) a. one operating COA and many group COAs b. many operating COAs and one group and one alternate CoA c. one operating COA and one alternate COA d. one operating, one group and one alternate COA 2. Each G/L account code in group COA can be mapped to following no. of account codes in operating COA a. only one account code b. maximum three account codes c. many account codes d. it cannot be mapped 3. Each account code in alternate COA can be mapped to following no. of account codes in operating COA a. only one account code b. maximum three account codes c. many account codes d. it cannot be mapped 4. Various account groups in one COA cannot consist of common G/L account codes. TRUE/FALSE 5. Following fields form part of the chart of account segment of a general ledger account master a. account currency b. account group c. field status group d. option to state whether it is a balance sheet or profit and loss type account 6. Each account code in a chart of accounts is automatically available for use to all company codes using that chart of account TRUE/FALSE 7. Which of the following statements are always true a. one document type can have more than one no. range interval b. different no. range codes can have same no. range intervals in respect of documents c. more than one document type can have same no. range intervals d. document no. ranges are defined at client level 8. Which of the following statements are false a. account groups are defined at client level b. account groups are defined for a company code c. account groups are defined at COA level d. account groups are defined for a combination of COA and company code 9. Which of the following statements are false a. one customer/vendor account can have many reconciliation accounts b. reconciliation account can be used for the purpose of direct accounting entries by users c. all the account groups of customers can have one common no. range
d. one account group of vendors can have up to three no. ranges 10. Which of the following statements are true a. one customer can have different customer codes in various company codes b. one customer can have different reconciliation accounts in various company codes c. various company codes can have different payment terms with one custo mer d. chart of account segment is mandatory while entering a customer master 11. Which of the following statements are true a. for creation of vendor master, account group is not required b. a vendor master cannot be created in the absence of a company code 12. Customer master has following segments a. chart of account segment b. general data segment c. purchase organization segment d. accounting data segment e. sales organization data segment 13. A document is uniquely identified by a. document no. b. company code c. fiscal year d. document date e. period a and e; a and b; a, b and c; a,d,e; a ,b,e 14. Which of the following statements are correct a. document nos. can be alphanumeric b. Field status for a transaction entry is transaction dependent and account dependent c. Document type controls posting key, field status group, and gl accounts that can be used in the document d. Document types are specific to a company code 15. The relationship between house bank and account id is the following a. one to one b. one to many c. many to one d. many to many e. no relationship 16. Business area once defined is available for use to a. all company codes in the client b. all company codes in all the clients c. only to the company codes to which the business area is assigned to d. all company codes assigned to the company to which the business area is assigned 17. If a general ledger account is defined using a sample account, following data is referenced from the sample account a. the control data in COA segment b. only company code segment data c. only account control and account management data in company code segment d. entire master data
18. While creating a sample account, following information may be entered a. only company code segment data b. only COA segment data c. both COA segment and company code segment data d. only account control and account management data from company code segment e. only control data of COA segment 19. A G/L account can be blocked for the following purposes a. from creating in company codes b. from posting in all company codes c. from posting in selected company codes d. cannot be blocked at all e. if blocked, is blocked for all the purposes in all the company codes 20. A different field status can be achieved for different actions such as creation of account or change in master record, etc. TRUE/FALSE 21. Customer and vendors are defined in SAP at following level a. at company code level b. at client level c. at controlling area level d. at company level 22. Which of the following is true in terms of vendor and customer master a. various account groups can have same no. range b. one no. range can be allotted only to one account group c. one account group can have only one no. range d. one account group can have either external or internal numbering system e. one account group can have one internal and one external numbering system 23. A customer account can be blocked for the following purposes a. from creating in company codes b. from posting in all company codes c. from posting in selected company codes d. cannot be blocked at all e. if blocked, is blocked for all the purposes in all the company codes 24. Changes in customer or vendor master are tracked and can be seen in SAP. TRUE/FALSE Answers 1. C,D 2. C 3. A 4. T 5. B,D 6. T 7. A-F,B-F,C-T,D-F 8. A-F,B-F,C-T,D-F 9. A-F,B-F,C-T,D-F 10. A-F,B-T,C-T,D-F
11. A-F,B-T 12. B,E 13. C 14. A-T,B-T,C-F,D-F 15. A,B 16. A 17. B 18. C 19. A,B,C 20. T 21. B 22. A,C,D 23. B,C 24. T
1. Which of the statements on document principles are correct? a. each business event creates an accounting document in R/3 b. a business event might trigger more than one document in R/3 c. R/3 will link related documents in the system 2. In the payment process, automatic options to the users are a. select open invoice to the paid or collected, and post payment documents b. post payment documents and print payment media c. select open invoices to be paid or collected, post payment documents and print payment media 3. Which of the following are true a. any payment block can be removed in payment proposal edit b. only line item payment block can be removed during the payment proposal c. items that cannot be paid are deleted in the exception list 4. Which of the statements on payment program are correct a. there are four steps in payment process: parameters, proposal program run, print b. once the parameters have been specified, the print program is scheduled to generate the print 5. Every run of the payment program is identified by two fields ± run date and identification. TRUE/FALSE 6. Which of the following statements are true a. the run date is recommended to be the actual date when the program is executed b. the field identification is used to run print program 7. Which of the following statements are true a. the G/L account name for house bank must match the names given to the house bank in the bank directory b. the G/L account names for house banks are user-definable c. the G/L account names for house banks could be the bank name and account number d. the G/L account names for house banks are defined in bank directory e. at company code level, G/L account names for house banks can be different from those in chart of accounts 8. Which of the following statements are true in respect of payment program configuration in all company codes areas a. sending company code and paying company codes are same always b. by specifying the vendor/customer, special G/L transaction to be paid, we can process specified special G/L transactions only c. by activating payment method supplements, we can print and sort payments 9. Which of the statements are true in respect to configuration of payment program, bank determination area a. without ranking order, system will not process the payments b. bank payment methods combination is must to define ranking order c. without maintaining the value date in bank selection, system will not process the payments 10. If we are using check management, which of the statements is true a. define check lots in order to print checks b. check lots are used only for automatic payments 11. Say true or false
a. all company codes in the payment run parameters must be in the same country b. a payment method can only be used if it is entered in the account master record c. the payment proposal can only be edited, deleted and recreated as often as desired d. the exception list is a part of the payment proposal 12. Which of the statements are true when running the dunning program a. we can edit proposal b. we cannot delete the proposal c. we can recreate the proposal until the dunning clerk is satisfied with the result d. after completing the dunning proposal list, dunning data is updated in the master records of respective customer/ vendor 13. Which of the following statements are true a. one time accounts cannot be dunned b. we can assign two dunning procedures to customer master records c. dunning procedure can process only standard transactions d. interest can be posted at the time of dunning run 14. The maximum dunning levels can be defined in dunning procedure are a. four b. six c. nine 15. An item whose days in arrears are smaller or identical to the grace periods, dunning program will consider for the dunning notice. TRUE/FALSE 16. What information does a dunning run change? a. the date of the µlast dunning run¶ in the customer master record b. the dunning level in the customer master record c. the dunning level in documents for which dunning notices are created d. form (lay out set) specifications in the customer master record for the text in the next dunning letter e. the dunning procedure in the customer master record for the next dunning run 17. Which of the statements are true a. we can calculate interest on G/L account under interest on arrears method b. each interest id must be assigned an interest calculation type c. R/3 uses same interest calculation indicator for each combination of interest variables, such as calculation frequency, calendar types, currency 18. Two steps to define financial statement versions are a. enter it in the directory of financial statement version b. define hierarchy levels and assign accounts 19. Which of the following statements are false a. we can not specify per dunning level that interest is to be calculated b. we cannot print a dunning notice in a legal dunning procedure, although no further account movements have occurred c. we can set a minimum amount for dunning charges on each dunning level 20. Which of the following statements are true a. a financial statement version consists of maximum 9 hierarchy levels b. we cannot assign account group according to balance c. drill down reporting is a tool that enables to analyze sub-ledger transaction amount
21. Individual value adjustment for doubtful receivables are possible a. through special G/L transaction b. through normal transaction c. both of the above 22. Foreign currency valuation is possible a. only for vendor/customer open items b. only balance sheet items (G/L items) c. both of the above 23. Which of the following statements are true a. when we are valuating open items without update for reversal of the adjustment posting after key date, key user can define another posting date in place of keydate + 1 b. when we have regrouped the receivables/vendors, system carries out adjustment postings c. allocating costs to financial accounting through external settlement, the G/L is updated online/real time 24. Depreciation postings can be executed a. through background processing (batch input session) b. direct FI postings c. any one of the above 25. We cannot select individual business transactions for locking from a lsit of all the actual and plan business transactions. TRUE/FALSE
KEY 1. A-F, B-T, C-T 2. C 3. A-F, B-F, C-T 4. A 5. T 6. A-T, B-F 7. A-F, B-T, C-T, D-F, E-F 8. A-F, B-T, C-T 9. A-T, B-T, C-F 10. A-T, B-F 11. A-T, B-F, C-T, D-T 12. A-T, B-F, C-T, D-F 13. A-F, B-F, C-F, D-F 14. C 15. F 16. A,B,C 17. A-F, B-T, C-F 18. A 19. A-F, B-F, C-T 20. A-F, B-F, C-F 21. A 22. C 23. A-T, B-T, C-T
24. C 25. F 1. Account groups are used to control the following properties a. field status of transaction fields b. field status of master fields c. field status of master fields and number range d. field status of master fields, number range and whether accounts are p&L or B/S 2. You can post transactions to an account in any currency only if a. account currency is not maintained b. account currency is same as local currency of the company code c. account currency is different from company code currency d. under all circumstances 3. You can carry forward P&L account balances to a. Multiple retained earnings accounts, automatically b. Single retained earnings account, automatically c. Multiple retained earnings accounts, through period end processing d. Single retained earnings accounts, through period end processing 4. Default exchange rate picked up during FI document is a. exchange rate maintained for type µB¶ b. exchange rate maintained for type µM¶ c. exchange rate maintained for type µG¶ d. there is no default exchange rate type 5. You can clear open items only when they have same a. business area, amount, opposite dr/cr indicator and same entry in fields that are configured for automatic clearing b. amount, opposite dr/cr indicator c. business area, amount and opposite dr/cr indicator d. amount, opposite dr/cr indicator and same entry in fields that are co nfigured for automatic clearing 6. Foreign currency valuations on G/L accounts are performed on the following accounts a. all accounts b. all accounts managed on open item basis c. all accounts managed on open item basis and all accounts with account currency different from local currency d. accounts managed on open item basis having foreign currency transactions and all accounts with account currency different from local currency 7. You can display account balances of several related accounts through a. account groups b. sort key c. worklists d. totals variant 8. You run BA/PC adjustments for a. balancing BA level balance sheet for inter business area transactions b. balancing company code level balance sheet for inter company transactions c. posting adjustment entries for changed reconciliation accounts
d. posting vendor/customer reclassification at business area level 9. Fast entry screens in FI are used to enter a. customer and vendor line items b. G/L line items c. G/L, customer and vendor line items d. Invoice receipt against GR 10. Easily entered document entry templates are called a. sample document b. account assignment models c. worklists d. recurring documents 11. Posting keys are used to decide a. dr/cr indicator, field status of transaction screen, accou nt types b. dr/cr indicator, account types c. dr/cr indicator, field status of transaction screen, accou nt types, special G/L applicability d. dr/cr indicator, field status of transaction screen 12. How many parallel currencies are possible and at what level they are assigned? a. 2 local currencies, chart of account b. 3 local currencies, chart of account c. 2 local currencies, company code d. 3 local currencies, company code 13. Cross company code transactions are carried out between company codes 0001 and 0002 in the year 1 999. The accounting document created for 0001 is 9800005210 and that for 0002 is 9800004236. This is created from company code 0001. The cross company code number generated is a. 000198000052100001 b. 980000423600020001 c. 9800005210000199 d. 9800004236000299 14. When you reverse a posted document, the document number must be a. internal b. external c. internal or external d. manually assigned 15. Financial statements can be generated in a. local currency b. document currency c. controlling area currency d. any currency for which customization is maintained 16. The views maintained for vendor master data are a. general data, company code data b. general data, company code data, purchasing data c. general data, company code data, business area data d. general data, company code data, business area data, plant data 17. Group key assigned to vendor master records control the following a. it is a combination of up to three fields based on which open invoices are
selected for automatic payment b. basis for grouping several vendors for balance display c. basis for classifying vendors for standard reporting d. it is a combination of up to three fields based on which open invoices are selected for manual payment 18. Posting through a special ledger indicator affects a. the main reconciliation account of the vendor or customer b. the alternative reconciliation account mapped to the main reconciliation account of the vendor/customer c. the alternative reconciliation account and the main reconciliation account of the vendor/customer d. offsetting entry to the main reconciliation account of the vendor/customer 19. Check management with relation to outgoing payments is possible for open items for a. vendors b. vendors and customers c. vendors, customers and G/L accounts d. vendors and G/L accounts 20. If you do not want to enter a document with provision for updating the ledger on approval from authorized officials, you use the following functionality a. parked document b. sample document c. account assignment model d. recurring document 21. Accounting for down payment request involves a. statistical items b. parked items c. noted items d. regular items 22. Business area is determined for accounting documents generated automatically from logistics modules are on the basis of a. plant-division combination b. plant-division-distribution channel combination c. plant-sales area combination d. plant-division combination and sales area 23. When you carry out regrouping through AR or AP, the following activities are performed a. reclassify where debtors have credit balance a nd vice versa b. reclassify open items by remaining life c. reclassify by changed reconciliation accounts d. all of the above 24. When you carry out automatic payment, bank through which payment is effected is based on a. ranking order of house banks b. house banks maintained for specific business areas c. house banks entered in the parameters of the run d. ranking order and available balance in the accounts
25. Payment needs to be made against invoices with payment blocks created during invoice verification. Payment block can be removed by a. release block in MM b. changing the field entry from the invoice document c. by reallocating in the payment proposal d. cannot be removed 26. In SAP, a bill of exchange receivable items is cleared during a. discounting the bill b. transfer posting with clearing c. reversal of contingent liability d. clearing against outstanding advances from the customers 27. In which of the following processes do the original invoices remain as open items a. residual payment b. partial payment c. charge off difference d. distribute difference 28. How do you assign credit terms while drawing a bill of exchange on your customer? a. by assigning payment terms to bill of exchange item b. by assigning due date to the bill of exchange item c. by assigning payment term to invoice item d. by assigning due date to invoice item 29. GR/IR account is managed on open item basis, and the indicator balance in LC only is ticked. During a GR, it is credited with $100 (exchange rae USD:INR = 1:40). At the time of invoice receipt, exchange rate is Rs.41 = $1, Uf ckearubg fir $100 is done for the GR/IR account, what is the foreign currency exchange rate posting? a. cr Rs.100 b. dr Rs.100 c. cr $100 d. no exchange rate posting 30. What are the different account types in SAP? a. customer, vendor, GL b. customer, vendor, GL, asset, material c. customer, vendor d. customer, vendor, asset 31. When several organizational units carry out dunning within a single company code, the SAP entity used to distinguish and control the process is called a. dunning procedure b. dunning key c. dunning clerk d. dunning area 32. If you do not want to dun a vendor beyond a particular level a. use dunning key to limit the maximum level b. use dunning block on the vendor master c. use dunning clerk to block dunning d. use dunning block on the dunning procedure 33. If you want to chose a different set of fields in a vendor account line item display, you
choose a different a. sort variant b. totals variant c. line layout d. additional fields Answers 1. C 2. B 3. C 4. B 5. A 6. D 7. C 8. A 9. B 10. B 11. C 12. D 13. C 14. A 15. D 16. B 17. A 18. B 19. B 20. A 21. C 22. D 23. D 24. D 25. A 26. C 27. B 28. B 29. D 30. B 31. D 32. A 33. C
ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING # 5 Please read the questions carefully. More than one choice could be correct in some questions. Specific hints have not been given. Please tick mark the correct choices. Mark µT¶ of µF¶ for true or false choices respectively. 1. Which of the following statements are correct with respect to business area a. one business area can be used for many company codes b. business areas must be assigned to company code in the IMG c. they are used for internal P&L and balance sheets d. a company code can have many business areas 2. Which of the following statements are correct a. a plant is assigned to only one company code b. a company code must be assigned to one chart of accounts only c. a chart of accounts can be assigned to multiple company codes d. a plant can be assigned to many company codes 3. What are true with respect to business area a. a company code can have many6. business areas b. a business area can be across company codes c. use of business area is not optional in R/3 system d. balance sheets and profit and loss statements can be drawn up for business areas 4. Which of the following statements may be false with respect to a business area a. the use of business area is optional b. a company code can have many business areas c. business area balance sheet will always balance d. none of the above 5. The standard delivery clients in a R/3 system are a. client 000, 001 and 002 b. testing client 777 and training client 999 c. client 001, 000,002 and training client 999 d. client 000 and 001 e. client 001, 000 , testing client 777 and training 999 6. What are all the possible meanings of the word µclient¶ that have been used a. a customer implementing R/3 system b. an individual PC in which batch inputs are done for uploading to SAP at a later date c. the highest technical entity in R/3 d. the data server e. the front end presentation PC which interacts with SAP system 7. The three tier in R/3 system is represented by a. client, customer and application b. data, user and application c. user, data base, programs d. presentation client, R/3 application and data base e. application, data base and customer of R/3 8. The entity in R/3 to provide financial statements and results at the lowest level is
a. company b. company code c. controlling area d. plant e. enterprise controlling 9. Which of the following statements is always false with respect to a company code a. a company code can have many plants b. a company code can have many companies c. a company code can be linked to only one controlling area d. a company code need not be linked to an operating concern e. a company code can have many sales organizations 10. Which of the following statements are always true a. a sales organization can be assigned to only one company code b. a company can have many company codes c. a company must be linked to a controlling area d. a company code must always be assigned to a company e. an operating concern can indirectly contain only one company code 11. Which of the following entities are optional to implement the core financial module of R/3 a. operating concern b. controlling area c. business area d. plant e. company code 12. The menu hierarchy in standard R/3 system is a. main menu, application menu and task menu b. main menu, sub menu, task menu and help menu c. system menu, application menu and help menu d. main menu, application menu and help menu e. client menu, application menu and user menu 13. For a user with two user ids to the same SAP R/3 client, the maximum no. of sessions that could be open are a. six b. nine c. twelve d. eighteen e. twenty four 14. The order of fields as they appear during the log on to an R/3 system is a. client, user id, password b. language, client id, password c. client, user id, password, language d. user id, client, password, language 15. Which of the following is not seen by the user normally in the status bar of the SAP screen a. client number/id b. session number
c. data server name/id d. user id/name e. information, error, and warming messages 16. A user has multiple sessions open and when open of the session is closed by the user a. the system does not automatically save the data/information of the session being closed b. system always prompts for saving the data in the session being closed c. system always automatically saves the data/information of the session being closed without prompting¶ d. system prompts for saving the dta of the session being closed at the time of user log-off from the system 17. Which of the following entities cannot be directly assigned to a company code a. company b. business area c. controlling area d. functional area e. financial management area 18. ABAP stands for a. advances in business applications programming b. applications in business and advanced program c. advanced business applications programming d. advanced business for advanced program e. advantage in business applications programming 19. The configuration of the R/3 is done through a. the implementation guide b. the implementation assistant c. business navigator d. business engineer e. sessions manager 20. The ASAP CD contains a. the implementation guide b. implementation assistant c. concept check tool d. business navigator e. Q&A Db 21. Which of the following statements are true regarding ASAP ± project preparation phase a. the business blueprint document must be prepared b. enterprise scope area document must e prepared for initial project planning c. project plan must be prepared d. the project kick off meeting is very essential to involve all the key users and project team members to communicate the objectives and mission of the project e. technical requirements planning must be taken up 22. Which of the following are true with respect business blueprint phase a. when customer inputs are updated on the Q&A db, there is a direct automatic updation of the IMG for the business processes/components in scope to be customized b. when the business processes are identified and updated in the system, a list of activities to be
taken up in IMG for customization is generated c. the standard reference model of R/3 system cannot be directly accessed from the Q&A db d. business blueprint document shall be generated 23. Which of the following statements re true with respect to testing and quality reviews as recommended by SAP a. he volume and stress test must be conducted on the same system in w hich user training is done b. testing a tool which avoids retrospective changes and acts as an ear ly warning system to correct the customization of business processes c. the power (key) users shall not be involved in the testing process as it would hinder timely completion of the activity d. there must be quality control of the first four stages before the µgo-live¶ phase e. external consultants must always carry out quality control 24. What are the three data types in SAP a. master data, transaction data, and balance data b. master data, table data, and user data c. master data, table data, and transaction data d. table data, user data and transaction data e. master data, table data and server data 25. Various company codes access a controlling area should have a. same currency b. same fiscal year variant c. same chart of accounts d. same controlling organization structure Answers 1. A-T, B-F, C-T, D-T 2. A-T, B-F, C-T, D-T 3. A-T, B-T, C-F, D-T 4. A-F, B-F, C-F, D-F 5. A-F, B-F, C-F, D-T, E-F 6. A-F, B-F, C-T, D-F, E-F 7. A-F, B-F, C-F, D-T, E-F 8. B 9. B 10. B 11. C,D 12. A 13. C 14. C 15. . 16. A 17. B,D 18. C 19. A 20. B,C,E 21. B,C,D,E
22. B,D 23. B,C,D 24. C 25. C
