1.

The invoice and credit memo screen transaction consist of the following areas, except…
a. Templates
b. Header data
c. Customer data
d. G/L account data
e. Customer status data
f. Information area

2. The following statements are true regarding closing operations in Account Payable,
except…
a. Posting periods of previous fiscal year are blocked and special periods for closing
postings for fiscal year-end adjustment are opened.
b. At the beginning of the fiscal year, the balance carry forward program is run.
c. Balances with selected vendors are confirmed, the foreign currency documents are
valuated, and the account payable are regrouped according to remaining life.
d. None of the above

3. The following process takes place right after good receipt is completed
a. Purchase order
b. Purchase requisition
c. Invoice verification
d. Payment processing
e. Incoming payment

4. SAP is one of Enterprise Resources Planning (ERP)

a. True
b. False

5. During invoice verification process, user can use the following document as a reference
a. Purchase requisition
b. Purchase order
c. Inquiry
d. Material document
e. Accounting document

6. ERP stands for…

a. Entity Relations Partnership
b. Employee Resources Planning
c. Enterprise Resources Planning
d. Enterprise Relations Partnership

7. Invoice verification is the final step in the procurement cycle

a. True
b. False
8. SAP stands for ...
a. System, Application and Procedure
b. System, Application and Program
c. System, Application Procurement
d. System, Application and Product

9. Reconciliation accounts is used to connect subsidiary ledgers with the general ledger in real
time
a. TRUE
b. FALSE

10. On every transaction the generate accounting document , the company code must be
present.
a. TRUE
b. FALSE

11. The following steps must be carried out to perform automatic payment, except
a. Perform proposal run
b. Maintain parameter
c. Checking and editing payment proposal
d. Perform payment run
e. Checking vendor”s status

12. To determine which posting is debit or a credit, the following is used

a. Account group
b. Account key
c. Posting key
d. Document types
e. Reconciliation accounts

13. The following step must be carried out to perform automatic payment, except
a. Perform proposal run
b. Maintain parameter
c. Checking and editing payment proposal
d. Perform payment run
e. Checking vendor’s status

14. The following statements are true regarding financial closing, except
a. Adjustment postings for business area must be made if area financial are created
b. The balance carry forward program is run at the end of a fiscal year
c. Posting periods of the previous fiscal year must be blocked
d. Special periods for closing entries must be opened
15. The followings are areas in closing cockpit transaction, except
a. Tasks
b. Item detail
c. Organization structure
d. Detail information
e. Dependencies
f. None of the above

16. G / L account groups can be used to, except

a. Adjust screen layout or appearance on G / L account
b. Determine format of G / L account number range
c. Group similar accounts that have similar business functions
d. Determine which fields are required and optional for data entry in G / L account
e. None of the above

17. The invoice and credit memo screen transaction consist of the following areas, except
a. Template
b. Header data
c. Customer data
d. G / L account data
e. Customer status data
f. Information area

18. The following statements are true regarding Asset Class, except
a. Asset class defines the screen layout of asset master record
b. Every asset master must be assigned to asset class
c. Asset class can only be created for tangible assets
d. Asset class control default values for depreciation

19. The following statements are true regarding organizational structure in Financial Accounting
module, except
a. General ledger is assigned to the company code level and is used for creating balance
sheet and profit and loss statement
 b. Company code has a complete self – contained set of account
c. Business area is used to represent business segments or branches
d. More than one company code can be assigned to one controlling

20. Vendor accounts are made up of the following level, except

a. General data
b. Company code data
c. Business area data
d. Purchasing data

21. Customer account group is used to, except

a. Group similar type of customer
b. Determine internal or external or external number range for customer
c. Determine customer credit area
d. Determine screen layout of customer master data

22. The following statements are true regarding closing operations in Account Payable, except
a. Posting periods of previous fiscal year are blocked and special periods for closing
postings for fiscal year-end adjustment are opened.
b. At the beginning of the fiscal year, the balanced carry forward program is run
c. Balances with selected-vendors are confirmed, the foreign currency documents are
valuated, and the account payable are regrouped accorading to remaining life
d. None of the above

23. The following statements are true regarding dunning in SAP system, except
a. Dunning procedure must be entered in every customer account if automatic dunning is
desired
b. Automatic dunning must be carried out for all number of accounts
c. It is possible to change dunning proposal
d. Dunning is used to analyze all open items which are over due for payment

24. When receiving payment from customer, the amount owned and the amount entered must
be equal.
a. True
b. False

25. Customer account group is used to, except…

a. Group similar type of customer
b. Determine internal or external number range for customer
c. Determine customer credit area
 d. Determine screen layout of customer master data
26. Depreciation can only be posted after depreciation posting run has been completed.
a. True
b. false

27. The following activities are part of Procurement cycle, except…

a. Goods receipt
b. Demand determination
c. Supplier selection
d. Good issue
e. Invoice verification

28. House bank is…

a. Bank where our company has an account
b. Bank where our customer has an account
c. Bank where our vendor has an account
d. All of the above
e. None of the above

29. Bank directory must be manually created in the SAP system

a. True
b. False

30. The following statements are true regarding organizational structure in Financial Accounting
module, except…
a. General ledger is assigned to the Company Code level and is used for creating balance
sheet and profit-and-lost statements.
b. Company Code has a complete self-contained set of accounts.
c. Business Area is used to represent business segments or branches.
d. More than one Company Codes can be assigned to one controlling area.

31. It is possible to use valuation methods for the following, except…

a. Replacement value
b. Controlling
c. None of the above
d. Financial statements based on regional requirements
e. Financial statements for tax purposes

32. Cash journal transaction screen consist of the following, except…

a. Data selection
b. Balance display for period
c. Header
d. Receipts and payments transactions

33. The following statements are true regarding chart of accounts, except…
 a. Only one operating chart of accounts is assigned to company code
b. It is possible to assign unlimited number chart of accounts in SAP system
c. Chart of accounts contains definition of all G/L accounts in a specific ordered form
d. A chart of accounts can be used only for one company code

34. A three-way match matches the following documents, except….

a. Good receipt
b. Purchase requisition
c. Invoice verification
d. Purchase order

35. In SAP system, asset are assigned to…

a. Client
b. Controlling area
c. Functional area
d. Company code

36. The following information can be found in every GL account, except…

a. Account condition
b. Account name
c. G/L account type
d. Account number

37. When Company Code specific settings is maintained for Company Code 1000, it also valid for
Company Code 1100.
a. True
b. False

38. Vendor Accounts are made up of the following level, except…

a. General Data
b. Company Code data
c. Purchasing data
d. Business Area data

39. It is possible to use valuation methods for the following, except…

a. Replacement value
b. Controlling
c. Financial statements based on regional requirements
d. Financial statements for tax purposes
e. None of the above

40. The followings are areas in Closing Cockpit transaction, except…

a. Tasks
b. Organization Structure
c. Detail Information
d. Dependencies
e. Item Detail
f. None of the above