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. Advantages of the _____________: extended infrastructure; multiple ledgers; document split; real-time integration
New General Ledger
General ledger structure
Smallest
COA / Company Code
2. A self contained organisational structure for which costs and revenues can be managed and allocated.
Specific template
Same COA and FYV
COA / Company Code
Controlling area
3. Set up according to the COA
Create a template
Business Area
GL
General Ledger accounts
4. Each Company Code is assigned to one Chart of Accounts but many Company Codes can use the same ___________.
Profit centres
General template
Specific template
Chart of Accounts
5. The functions of an account group: classify; __________; field status
General template
Number ranges
The Chart of Accounts
Financial Accounting
6. Company Code is the ________ SAP entity that support a full legal set of books.
Posting Key
General template
Number ranges
Smallest
7. Ensures real-time integration of a subledger in ECC.
Reconciliation accounts
Account Groups
Vendor master records
Specific template
8. The components of the ____________: header; template; line items; info area
Asset master data records
Externally focused
CO
G/L Account Posting screen
9. Takes much of its data from MM
User-defined segments
Accounts Payable Accounting
General Ledger master record
Posting Key
10. The GL is more ________.
Profit centres
Accounts Payable Accounting
Location
Specific template
11. Includes definitions of General Ledger accounts including Account Number - Account Designation - and Account Categorization (Income statement or balance sheet account). (T/F) TRUE
Profit centres
General ledger structure
The Chart of Accounts
Management Accounting
12. More than one Company Code can be assigned to a Controlling Area as long as a number of prerequisites are satisfied.
The Chart of Accounts
Accounts Payable Accounting
User-defined segments
Same COA and FYV
13. Responsible for internal costing.
Vendor master records
CO
GL
Location
14. Have different segments at the organisational levels of client - company code and purchasing organisation.
General ledger structure
Vendor master records
Account Groups
Asset master data records
15. Balance Sheets and P&L statements can be produced for____________ with the New G/L.
Asset master data records
Profit centres
Specific template
Client/company code/business area
16. A single segment record where each asset is assigned to a company code - cost center - business area and so on.
Controlling area
Business Area
Asset master data records
Reconciliation accounts
17. Chart of accounts are used to _______ for the general ledger.
Management Accounting
Create a template
Location
Chart of Accounts
18. here is only one _______.
Business Area
SAP ECC
COA / Company Code
Client/company code/business area
19. Company Codes are set up within ______________.
General template
Specific template
Controlling area
Client/company code/business area
20. Managed at Company Code
Costs
COA / Company Code
General Ledger
AP
21. Financial Accounting reporting is ________.
Costs
The Chart of Accounts
Same COA and FYV
Country dependent
22. Requires at least one Company Code.
Reconciliation accounts
Reconciliation accounts
General ledger structure
SAP ECC
23. Comprise a Chart of Accounts segment and a Company Code segment.
Controlling area
CO
General Ledger accounts
Reconciliation accounts
24. Four elements of Financial Accounting: 1. AR 2. ____ 3. Fixed Asset Accounting 4. Bank Accounting
Business Area
General template
Controlling area
AP
25. Chart of accounts is a __________.
General template
Posting Key
Management Accounting
Number ranges
26. Tells type of account; debit / credit; field status
Posting Key
Company Code dependent
Financial Accounting
General Ledger accounts
27. Costs and revenues from Financial Accounting act as an input in ___________.
Number ranges
General ledger structure
COA / Company Code
Management Accounting
28. Classification of accounts; number segment ranges; company code segment
COA / Company Code
Same COA and FYV
Controlling area
Account Groups
29. Management accounting is internally focused on ______.
Country dependent
General Ledger accounts
Costs
Accounts Payable Accounting
30. 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.
Business Area
The Chart of Accounts
Externally focused
New General Ledger
31. The two segments of the _______________: COA segment (high-level); Company Code segment (low-level)
Reconciliation accounts
Company Code dependent
General Ledger master record
General ledger structure
32. Financial accounting is ___________ concerned with revenue and expense reporting.
Location
General Ledger accounts
Business Area
Externally focused
33. Connect subledger accounts to the General Ledger in real time?
Reconciliation accounts
Profit centres
Company Code dependent
Costs
34. Purpose is external reporting of revenues and expenses.
General Ledger
Location
Same COA and FYV
Financial Accounting
35. Company codes are usually created based on _______.
Costs
Management Accounting
Location
General template
36. Account groups classify GL accounts into _____________.
New General Ledger
User-defined segments
Financial Accounting
Number ranges
37. Business Areas are not _________.
Company Code dependent
Smallest
New General Ledger
Same COA and FYV
38. Many Company Codes can use the same Chart of Accounts but the __________ must be the same.
General ledger structure
SAP ECC
Reconciliation accounts
Account Groups