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