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Narayana Merugu - My compilation - 1809

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My Quiz
Narayana Merugu
Quiz by Narayana Merugu, updated more than 1 year ago
Narayana Merugu
Created by Narayana Merugu over 3 years ago
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Question 1

Question
An asset is being acquired through integration with procurement. How is the asset acquisition value posted?
Answer
  • Non-valuated acquisition is posted at invoice receipt.
  • Non-VaIuated acquisition is posted at goods receipt.
  • Valuated acquisition is posted at settlement.
  • Valuated acquisition is posted at invoice receipt.

Question 2

Question
What can you do with asset accounting in SAP S/4HANA Finance? Note: There are 3 correct answer to this question.
Answer
  • Assign separate settlement rules for depreciation areas.
  • Define transaction types by depreciation area.
  • Complete periodic acquisition and production cost adjustments postings.
  • Simultaneously post separate values by depreciation area.
  • Post revenue for retirements by acquisition and production cost.

Question 3

Question
In your system. You are creating a new company code that requires as additional standard ledger. Which statements apply to a standard ledger?Note: There are 2 correct answer to this question
Answer
  • It must be assigned to an underlying ledger
  • It will generate additional line items in ACDOCA for non-ledger-specific postings
  • It is always active on the system level for all company codes.
  • If asset accounting is used, adepreciation areamust be assigned.

Question 4

Question
A document can have up to 999999 line items in the universal journal (reposing or G/L view). How does this affect the entry view (table BSEG)?
Answer
  • The entry view is also based on the universal journal.
  • The system splits the single entry into multiple documents as required.
  • It is extended to 999999 line items
  • It is limited to 999 line items.

Question 5

Question
Which values can be posted to a specific ledger? Note: There are 3 correct answer to this question.
Answer
  • Currency valuation
  • Depreciation
  • Accruals
  • Taxes
  • Payments

Question 6

Question
Which reports are included with SAP S/4HANA, embedded analytics? Note: There are 2 correct answer to this question.
Answer
  • SAP Analysis for Microsoft Office reports
  • Analytical List Page reports
  • Multidimensional reports
  • SAP Lumira reports

Question 7

Question
WhatSAPS/4HANA deployment option will cause the least business disruption forthe average SAP end user?
Answer
  • On premise
  • Cloud single-tenant
  • Central finance
  • Cloud multi-tenant

Question 8

Question
You notice alpha-numeric document numbers in the Universal journal that do not haVe a separate document header stored in the BKPF table. Which activities may lead to alpha-numeric document numbers? Note: There are 2 correct answer to thisquestion.
Answer
  • Corrections due to migration
  • Balance carry forward
  • Settlement of investment orders
  • Cross company code postings

Question 9

Question
Whendoes adocument posted incontrolling become Visible infinancial accounting?
Answer
  • When real-time integration is active for the company code
  • When FI account assignments (such as the segment) change
  • When document splitting is active for the company code
  • When any primary or secondary cost and revenue accounts are posted

Question 10

Question
Whichtransactions generate aprimanotaentry inthesystem inaddition totheuniversal journal entry? Note: There are 2 correct answers to this question.
Answer
  • Assessment cycle of cost centers (KSUS)
  • Post FI supplier invoice (FB60)
  • Post time sheet data to Controlling (CAT7)
  • Settlement of internal order (KO88)

Question 11

Question
Which modules read and write line items of the universal journal (ACDOCA)? Note: There are 3 correct answers to this question.
Answer
  • Material ledger with actual costing
  • Costing-based protitability analysis
  • Public sector management
  • Cash management
  • Account-based profitability analysis

Question 12

Question
Which modules read and write line items of the universal journal (ACDOCA)? Note: There are 3 correct answers to this question.
Answer
  • Material ledger with actual costing
  • Costing-based protitability analysis
  • Public sector management
  • Cash management
  • Account-based profitability analysis

Question 13

Question
Which modules read and write line items of the universal journal (ACDOCA)? Note: There are 3 correct answers to this question.
Answer
  • Material ledger with actual costing
  • Costing-based protitability analysis
  • Public sector management
  • Cash management
  • Account-based profitability analysis

Question 14

Question
Which modules read and write line items of the universal journal (ACDOCA)? Note: There are 3 correct answers to this question.
Answer
  • Material ledger with actual costing
  • Costing-based protitability analysis
  • Public sector management
  • Cash management
  • Account-based profitability analysis

Question 15

Question
Which of the following is a prerequisite to activating takeover values in asset accounting?
Answer
  • Takeover values are possible across all depreciation areas.
  • Depreciation areas must be assigned to the same accounting principles.
  • Only one depreciation area per chart of depreciation is assigned 00.
  • Only the depreciation area for book depreciation is assigned 00.

Question 16

Question
What function is delivered with business function EA-FIN to support SAPS/4HANA?
Answer
  • Special valuations
  • Parallel ledgers
  • Parallel depreciation areas
  • New Dep

Question 17

Question
What are the parameters to define different technical clearing accounts for integrated acquisition in new asset accounting? Note: There are 2 correct answer to this question.
Answer
  • Company code
  • Chart of accounts
  • Account determination
  • Chart ofdepreciation

Question 18

Question
What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting?
Answer
  • A Parallel ledger
  • A Clearing account
  • A Ledger group
  • An accounting principle.

Question 19

Question
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separates accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?
Answer
  • 1
  • 2
  • 3
  • 4

Question 20

Question
Which processes create an artificial controlling document? Note: There are 2 correct answer to this question.
Answer
  • FI posting ot primary costs to production order.
  • Stock material consumption on project
  • Assessment from cost center to account-based profitability analysis
  • Internal activity allocation to sales order.

Question 21

Question
What is posted at the same time to both account-based and costing-based profitability analysis? Note: There are 2 correct answer to thisquestion.
Answer
  • Actual revenue
  • Actual cost of goods sold
  • Incoming sales orders
  • Standard cost of goods sold

Question 22

Question
What are some features of actual costing in SAP S/4 HANA? Note: There are 2 correct answer to this question.
Answer
  • Selection of activity prices of other CO-versions in the standard run
  • Simplified data structure with new table structure
  • Reduced number of steps in the calculation cockpit
  • Possibility of post-closing in the alternative valuation run (AVR)

Question 23

Question
In a first step, you create an account with account type "secondary cost element" and cost element category "42"in controlling area A000 and company code 1010. In a second step, you change this account to cost category "43"incompany code 1750, which is assigned to the same controlling area. What is the effect in the system when you save this account?
Answer
  • This system brings up an error message and rejects the change
  • The cost element category is different in the two company codes
  • The user is asked which category will be used in the future
  • The cost element category in the account is also changed for company code 1010.

Question 24

Question
In whichcases canyouuseatransfer pricefor goods movement inparallel valuation? Note: There are 2 correct answers to this question.
Answer
  • Between two company codes
  • Between two plants
  • Between two accounting principles
  • Blank - This is answer

Question 25

Question
In which of the possible scenarios can you indicate that an account is also a statistical cost elements? Note: There are 2 correct answer to this question.
Answer
  • It is used as inventory account in the material account assignment.
  • It is used as a work in process (WIP)inventory account in the material account assignment.
  • It is used as balance sheet account in fixed asset accounting.
  • It is used as special reserve balance account in fixed asset accounting.

Question 26

Question
What must you create before you can record commitments in the universal journal?
Answer
  • CO version
  • Mapping for condition types
  • Extension ledger
  • Non-leading standard ledger

Question 27

Question
How can you setup multiple valuations for transfer pricing in your SAPS/4HANA system? Note: There are 2 correct answer to this question.
Answer
  • You can assign profit center, group, and legal valuations to the same ledger.
  • You can assign more than 3 valuations to different ledgers, if you have enough ledgers defined.
  • You can assign more than 3 valuations to the same ledger.
  • You can assign each valuation to a separate ledger.

Question 28

Question
What cost center planning process can write data directly to plan item table ACDOCP?
Answer
  • Manual planning of cost with workbook
  • Internal activity price calculation
  • Manual planning of statistical key figures
  • Formula planning with templates

Question 29

Question
Which data can be transferred to both account-based CO-PA and costing-based CO-PA? Note: There are 2 correct answers to this question.
Answer
  • Commitments
  • Variances to work in process values
  • Statistical sales conditions
  • Split of cost of goods sold according to the cost component split

Question 30

Question
Which type of extension ledger do you setup to record incoming sales orders for account-based profitability analysis?
Answer
  • Prediction and commitments
  • Extension
  • Valuation
  • Simulation

Question 31

Question
What setting must be identical between the company code and controlling area?
Answer
  • The number of special periods
  • The number of postings and special periods
  • The fiscal year variant key
  • The number of posting periods.

Question 32

Question
You want to setup a multi-level cross margin reporting profitability analysis (CO-PA). What do you customize to rep on the fixed and variable values separately? Note: There are 2 correct answers to this question.
Answer
  • Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)
  • Account-based CO-PA: no specific customizing is necessary
  • Costing-based CO-PA: no specific customizing is necessary
  • Account-based CO-PA: assign different accounts (assignment of different accounts is necessary)

Question 33

Question
For which functionality is a productive material ledger a prerequisites? Note: There are 2 correct answer to this question.
Answer
  • Parallel currencies in the universal journal
  • Parallel valuation for transfer pricing
  • Actual activity price determination
  • Actual costing

Question 34

Question
What are the earliest point in time that the attributed profitability segments can be derived?
Answer
  • When you run the realignment in profitability analysis
  • When you settle the cost to profitability analysis
  • When you run the results analysis for cost objects
  • When you post the primary cost document

Question 35

Question
For which Cases Can you Use SAP Product Lifecycle Costing? Note: There are 2 correct answer to this question.
Answer
  • Quotation costing
  • Sales order cost estimates
  • Standard price cost estimates
  • Preliminary

Question 36

Question
How many digits for the amount field on the financial document line item level are supported in the universal journal?
Answer
  • 13
  • 17
  • 23
  • 27

Question 37

Question
Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answer to this question.
Answer
  • Field status variant
  • Financial statement version
  • Fiscal year variant
  • Posting period variant

Question 38

Question
You post a payment to a supplier invoice. In the universal journal table, you see more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? Note: There are 2 correct answer to this question.
Answer
  • An extension ledger
  • Zero balance Indicator for profit center
  • A non-leading ledger
  • An additional accounting principle

Question 39

Question
What is the maximum number of currencies that can be defined in a ledger configuration?
Answer
  • 2
  • 5
  • 8
  • 10

Question 40

Question
You run an assessment cycle, but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings?
Answer
  • Only interval 2
  • Only interval 3
  • Intervals 1 and 3
  • Intervals 1and2

Question 41

Question
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? Note: There are 2 correct answers to this question.
Answer
  • Define a PA transfer structure
  • Assign a segment to all G/L accounts
  • Define a clearing account
  • Set the zero balance indicator
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