SUBJECTS
|
BROWSE
|
CAREER CENTER
|
POPULAR
|
JOIN
|
LOGIN
Business Skills
|
Soft Skills
|
Basic Literacy
|
Certifications
About
|
Help
|
Privacy
|
Terms
|
Email
Search
Test your basic knowledge |
SAP Accounting
Start Test
Study First
Subject
:
it-skills
Instructions:
Answer 38 questions in 15 minutes.
If you are not ready to take this test, you can
study here
.
Match each statement with the correct term.
Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.
This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. The components of the ____________: header; template; line items; info area
Vendor master records
Accounts Payable Accounting
Chart of Accounts
G/L Account Posting screen
2. here is only one _______.
General ledger structure
Management Accounting
COA / Company Code
Chart of Accounts
3. Responsible for internal costing.
CO
Same COA and FYV
Account Groups
Business Area
4. Organisational Units used for internal purposes to create balance sheet and profit and loss statements or alternatively can be used to meet external segment reporting requirements.
General Ledger master record
G/L Account Posting screen
Externally focused
Business Area
5. Chart of accounts is a __________.
General template
Client/company code/business area
GL
Vendor master records
6. Managed at Company Code
General Ledger
Vendor master records
Chart of Accounts
SAP ECC
7. The GL is more ________.
Location
General Ledger accounts
Specific template
Same COA and FYV
8. Requires at least one Company Code.
New General Ledger
SAP ECC
Posting Key
Reconciliation accounts
9. Connect subledger accounts to the General Ledger in real time?
Accounts Payable Accounting
Reconciliation accounts
Financial Accounting
Smallest
10. The functions of an account group: classify; __________; field status
Chart of Accounts
Number ranges
General Ledger
G/L Account Posting screen
11. Company codes are usually created based on _______.
General ledger structure
Asset master data records
Smallest
Location
12. Classification of accounts; number segment ranges; company code segment
Account Groups
Accounts Payable Accounting
Chart of Accounts
General Ledger master record
13. Includes definitions of General Ledger accounts including Account Number - Account Designation - and Account Categorization (Income statement or balance sheet account). (T/F) TRUE
User-defined segments
The Chart of Accounts
AP
Profit centres
14. A self contained organisational structure for which costs and revenues can be managed and allocated.
Controlling area
General Ledger master record
Reconciliation accounts
Posting Key
15. Comprise a Chart of Accounts segment and a Company Code segment.
General Ledger accounts
Management Accounting
Create a template
User-defined segments
16. Chart of accounts are used to _______ for the general ledger.
Smallest
Accounts Payable Accounting
Create a template
Financial Accounting
17. Set up according to the COA
Smallest
User-defined segments
New General Ledger
GL
18. Balance Sheets and P&L statements can be produced for____________ with the New G/L.
Create a template
Profit centres
Country dependent
COA / Company Code
19. Business Areas are not _________.
GL
Number ranges
Asset master data records
Company Code dependent
20. The two segments of the _______________: COA segment (high-level); Company Code segment (low-level)
Chart of Accounts
Client/company code/business area
General Ledger master record
Profit centres
21. Each Company Code is assigned to one Chart of Accounts but many Company Codes can use the same ___________.
Account Groups
SAP ECC
Specific template
Chart of Accounts
22. Costs and revenues from Financial Accounting act as an input in ___________.
Management Accounting
The Chart of Accounts
AP
Reconciliation accounts
23. Account groups classify GL accounts into _____________.
Posting Key
Chart of Accounts
User-defined segments
CO
24. Company Codes are set up within ______________.
Country dependent
G/L Account Posting screen
Client/company code/business area
Financial Accounting
25. More than one Company Code can be assigned to a Controlling Area as long as a number of prerequisites are satisfied.
Same COA and FYV
Asset master data records
Chart of Accounts
Financial Accounting
26. Financial Accounting reporting is ________.
Number ranges
Country dependent
Chart of Accounts
Create a template
27. Advantages of the _____________: extended infrastructure; multiple ledgers; document split; real-time integration
Accounts Payable Accounting
New General Ledger
SAP ECC
Reconciliation accounts
28. Company Code is the ________ SAP entity that support a full legal set of books.
Country dependent
Company Code dependent
Smallest
Business Area
29. Have different segments at the organisational levels of client - company code and purchasing organisation.
General ledger structure
Specific template
Vendor master records
Profit centres
30. Four elements of Financial Accounting: 1. AR 2. ____ 3. Fixed Asset Accounting 4. Bank Accounting
AP
Smallest
Company Code dependent
Business Area
31. A single segment record where each asset is assigned to a company code - cost center - business area and so on.
Asset master data records
Reconciliation accounts
Company Code dependent
Create a template
32. Ensures real-time integration of a subledger in ECC.
Specific template
Reconciliation accounts
Location
General Ledger accounts
33. Tells type of account; debit / credit; field status
Posting Key
General ledger structure
Asset master data records
Reconciliation accounts
34. Many Company Codes can use the same Chart of Accounts but the __________ must be the same.
Reconciliation accounts
The Chart of Accounts
COA / Company Code
General ledger structure
35. Purpose is external reporting of revenues and expenses.
Asset master data records
Management Accounting
Financial Accounting
AP
36. Management accounting is internally focused on ______.
Client/company code/business area
The Chart of Accounts
Reconciliation accounts
Costs
37. Financial accounting is ___________ concerned with revenue and expense reporting.
Reconciliation accounts
Specific template
Externally focused
Management Accounting
38. Takes much of its data from MM
Reconciliation accounts
Management Accounting
Accounts Payable Accounting
Company Code dependent