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NEW G/L CONCEPT : In New GL, how would you incorporate companies with different fiscal years if you

wanted to assign them to the same controlling area? Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years. Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years. Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes. Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant.

When parking a document, which of the following occurs in the system? The document number is assigned and transaction figures are updated. The document number is not assigned and transaction figures are not updated. The document number is assigned but transaction figures are not updated. The document number is not assigned but transaction figures are updated. Which are the necessary steps to create a validation? Prerequisite, check, update, control Check, update, message Check, control, message Prerequisite, check, message.

Your customer wants to add a new company code and asks you to make the configuration settings for document types and number ranges. What do you have to do? Allow all document types for the new company code. Define number ranges for the new company code Set a second number range for all document types. No additional settings are necessary.

Which object has to be used to avoid a change of the reconciliation account in the customer's master data? The field status of the customer account group. The field status of the posting key. The field status group of the reconciliation account. The field status of the activity. Which objects can be assigned to an asset master record? (There are 3 correct answers to this question.) Cost center. Internal order. Profit center. WBS element. Profitability segment. What is the purpose of account determination in the accrual engine? (There are 2 correct answers to this question.) To determine the document type To determine the CO object To determine debit and credit accounts. To determine the correct posting period.

For which scenario can you use the cash journal? To manage cash in local branches and offices. To make remittances to vendors. To post incoming and outgoing payments in any transaction currency. To record documents that will not be included in the general ledger.

Which of the following are interactive functions available in the SAP List Viewer? (There are 3 correct answers to this question.) Dual control Sorting Master data modification Summation Filters. What are the necessary elements required to create a customer-specific drilldown report for New General Ledger Accounting? (There are 2 correct answers to this question.) A form Characteristics Variables A report header.

The organizational units of Financial Accounting are used for external reporting purposes; that is, they fulfill requirements that your business is subject to from external parties (e.g. legal regulations). Which of the following Organizational units are Mandatory in an ERP system with FI? (There are 3 correct answers to this question.) Client Business Area Company Code Fiscal Year.

You can configure different types of Chart of Accounts in the ERP system. Which one of the following are TRUE Chart of Accounts? (There are 3 correct answers to this question.) Operating chart of accounts Group chart of accounts Country-specific chart of accounts Plant-specific chart of accounts. You need to assign more than one company code to one controlling area. Under what kind of a business scenario would you need to consider such a decision? (There are 2 correct answers to this question.) Cross-company code transactions that MUST be processed in a controlling area. Multilevel Product Cost Management across company codes. Representation of intercompany processes, whereby producing and delivering plant are the same.

Which of the following tax types does the SAP System support for calculating, posting, and correcting tax, as well as for tax reporting? (There are 3 correct answers to this question.) Tax on sales & purchases Withholding Tax Top-Up Tax Additional Taxes.

Every company code may define its own document types. True Fales.

Every company code may define its own document number ranges. True Fales.

Tax amounts of a Cross-Company code transaction are automatically distributed to the company codes in which the expenses/revenues occurred. True False.

Which are the correct series of steps in the payment program. Maintain parameters, Proposal run, Execute a payment run, Printing Payment Media. Proposal run, Execute a payment run, Printing Payment Media, Maintain parameters Proposal run, Maintain parameters, Printing Payment Media, Execute a payment run Maintain parameters, Printing Payment Media, Proposal run, Execute a payment run Maintain parameters, Proposal run, Printing Payment Media, Execute a payment run. The RUN DATE is always the date when a certain dunning run is supposed to be started. True Fales. You can configure the SAP system to calculate interest for customers or vendors that owe you money. You cannot calculate interest; however, if you owe your business partner money. True False.

Identify the three main areas of the Implementation Roadmap from the items listed below: (SM001) Attachments area Roadmap structure Viewing / Text area IMG area Accelerator area. Standard ASAP (Accelerated SAP) roadmaps outline the activities involved in SAP solutions. Identity the four main types of roadmaps: (SM001) Soultion Roadmap Upgrade Roadmap Solution Management Roadmap Global Template Roadmap Download Roadmap Implementation Roadmap. SAP Solution Manager provides support throughout the life cycle of solutions - which common usage scenario is missing from the list of usage scenarios below? (SM001) (Implement SAP Solutions), (Monitor SAP Solutions), (Manage Service Desk), (Link to SAP Services), (Upgrade SAP Solutions) Link to Change Requests Monitor Service Desk Manage Change Requests Implement SAP Services. Change Request Management provides a central, streamlined approach to managing changes in the system landscapes: (SM001) True False.

Identify the benefits of SAP Solution Manager. (SM001) (There are 5 correct answers to this question) Reduced cost of operation Reduced ROI Reduced cost of implementation Faster ROI More leverage from IT investments More reliable IT solutions. Instead of the classic system monitoring of individual system components; with Solution Monitoring, entire business processes can be monitored as a whole across multiple components. Identify the three

components that define the concept of Solution Monitoring: (SM001) Business Process Monitoring User Level management System Monitoring Component Solution Monitoring Service Level Management. Identify the steps in the ASAP (Accelerated SAP) Methodology. (SM001) Project Preparation Business Blueprint Realization Final Preparation Go Live & Support Roll out. Identify the features of the service desk from the items listed below. (SM001) (There are more than one correct answer to this question) Managing SAP Notes Customer solution database Message handling process Solution Manager diagnostics SAP Help Error handling. SAP Solution Manager is a stand-alone system that communicates with the systems in various landscapes. (SM001) True False.

ASAP (Accelerated SAP) Roadmap is aimed at providing step-by-step direction and guidance throughout the project implementation. Please choose the correct order of the 5 Phases in the project implementation lifecycle: (SM001) 1. Project preparation, 2. Final preparation, 3. Business blueprint, 4. Realization, 5. Go Live & Support 1. Project preparation, 2. Business blueprint, 3. Realization, 4. Final preparation, 5. Go Live & Support 1. Go Live & Support, 2. Project preparation, 3. Business blueprint, 4. Final preparation, 5. Realization 1. Business blueprint, 2. Project preparation, 3. Final preparation, 4. Go Live & Support, 5. Realization 1. Business blueprint, 2. Project preparation, 3. Final preparation, 4. Realization, 5. Go Live & Support.

The following activities are NOT part of the project management features of the SAP Solution Manager: (SM001) -Issues Management Plan -Scope Management Plan -Organization Change Management Plan False True. Of the items listed below, which are NOT features of Configuration? (SM001) (There are more than one correct answer to this question) Generate Blueprint Project Documentation Configure IMG Objects Test Case Assignment Transport Change Requests.

The purpose of ASAP (Accelerated SAP) is to successfully implement SAP solutions across multiple industries and customer environments. (SM001) True False.

It is not possible to use third-party software in your solution monitoring strategy when using Solution Manager. (SM001) False True.

Identify the features of a Business Blueprint from the following list: (SM001) (There are more than one correct answer for this question) Business groups Blueprint structure Business scenarios Blueprint document Associated items Business process groups

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