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