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SAP Certified Solution Consultant Financials - Financial Accounting with SAP ERP 2005 Sample Questions:

1. Select incorrect statement. (Choose Two)

A) System default the payment method from the master data of reconciliation account in the vendor line item
B) We define payment method in the reconciliation account master data of customer and vendor.
C) If no payment method is entered, system default payment method from the vendor master data

2. Asset classes (Choose Five)

A) asset classes are created at client level
B) for each depreciation area you can propose depreciation attributes for assets
C) are assigned to at least one chart of depreciation
D) for each depreciation area you can propose depreciation attributes for assets, you can choose that they be specified by the system
E) consist of a master data section only
F) consist of a master data section and a depreciation area section
G) asset classes are created at company code level
H) you can suppress individual depreciation areas in each asset class

3. Automatic Payment Run.

A) If we define payment method in the vendor master data as well as in the line item, and enter the payment of the master data in the parameter system shows the line item in exception.
B) One payment run can be used to execute the payment of several company codes providing all of them are of same country and using same chart of account.
C) One payment run can be used to execute the payment run of several company codes, providing all company codes are using same currency
D) Payment program consider only those credit memo which are created with reference to invoice
E) Can be used for customer, vendor and GL Accounts, but for GL Accounts we have to define the payment method in GL master and not in the line items

4. Characteristics appear in the form as well as in the report

A) true
B) false

5. Out of the following select the right answers

A) All cost elements are linked to Activity type.
B) All PSL GL accounts should be cost element.
C) Cost element is a must for all GL accounts
D) Cost element category controls Fl posting only

Solutions: