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