Question no : 471 FI Benefits of New GL

TERP10 Quiz Unit 12 Financials Accounting

The benefits of the new G/L account are the following EXCEPT:

A)      Extended data structure by default for additional data element transaction posting.

B)      Real time document split of 'segments'.

C)      Manage multiple "books" using the same general ledger.

D)      Provided the possibility of Material ledger accounting.

E)      Real time reconciliation between Financial Accounting and Management Accounting. 

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Question no : 470 FI Chart of Accounts

TERP10 Quiz Unit 12 Financials Accounting

Which of the following statement is TRUE regarding the Chart of Accounts ? 

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I)       Several companies can be assigned with the same Chart of Accounts.
II)      A Chart of Accounts must be assigned to a company code. 
III)     The 2 segments of a G/L account are the COA segment and company code segment. 
IV)     A G/L account can only be either a P&L account or a Balances Sheet account.

A)      I, II.

B)      II, III.

C)      I, IV.

D)      I, II, III.

E)      I, II, III, IV.

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Question no : 469 FI Sales Order Billing

TERP10 Quiz Unit 12 Financials Accounting

Upon Billing for a Sales Order, the basic accounting entry will be:

A)      Debit Customer, Credit Sales Revenue.

B)      Debit Customer, Credit Cost of Goods Sold.

C)      Debit Sales Revenue, Credit Customer.

D)      Debit Sales Revenue, Credit Cost of Goods Sold.

E)      Debit Customer, Credit Stock.

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Question no : 468 FI Fixed-Asset Accounting Asset Explorer

TERP10 Quiz Unit 12 Financials Accounting

The Asset Explorer allows contains the following screen view EXCEPT:

A)      Planned values.

B)      Book values.

C)      Transactions in the fiscal year.

D)      Depreciation parameters.

E)      Equipment link.

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Question no : 467 CO - Internal Orders Concepts

TERP10 Quiz Unit 13 Management Accounting

Which of the following statements are TRUE regarding Internal Orders ? 

I)      You can assign an Internal Order as an Accounting Assignment Object to a PO item.

II)     An Internal Order can be both real and statistical.

III)    It is a cost collector that can collect expenses incurred through multiple cost centers.

IV)    It is designed for the short-term duration of cost collection. 

A)      I, II.

B)      II, III.

C)      I, IV.

D)      I, II, III.

E)      I, II, III, IV.

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Question no : 466 CO Controlling Basic Concepts

TERP10 Quiz Unit 13 Management Accounting

A company wishes to track costs, and in some cases revenues for its events, within a controlling area. Which of the following Controlling areas would you recommend ? 

A)      Activity Based Costing.

B)      Product Cost Controlling.

C)      Product Cost Planning.

D)      Profitability Analysis.

E)      Internal Orders.

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Question no : 465 CO Controlling Basic Concepts

TERP10 Quiz Unit 13 Management Accounting

_______________ deals mainly with analyzing the effects of enterprise activities on the external market forces. It also enables you to determine how successful the enterprise is in different market segments.

A)      Cost Element Accounting.

B)      Overhead Cost Controlling.

C)      Product Cost Accounting.

D)      Profitability Analysis.

E)      Profit Center Accounting.

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Question no : 464 CO Controlling Basic Concepts

TERP10 Quiz Unit 13 Management Accounting

_______________ examines the origin of costs in the functional areas of an enterprise. 

A)      Cost Element Accounting.

B)      Overhead Cost Controlling.

C)      Product Cost Accounting.

D)      Profitability Analysis.

E)      Profit Center Accounting.

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Question no : 463 CO Controlling Basic Concepts

TERP10 Quiz Unit 13 Management Accounting

Which of the highest level of Organizational unit in CO or Controlling or Management Accounting in SAP ? 

A)      Profit Center.

B)      Controlling Area. 

C)      Operating Concern.

D)      Group of Company. 

E)      Company.

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Question no : 462 FI Vendor Master

TERP10 Quiz Unit 12 Financials Accounting

The main key used to create the Vendor Master is the ____________________ . 

A)      Account group.

B)      Account type.

C)      Vendor type.

D)      Account key.

E)      Vendor key..

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Question no : 461 HR Personnel Subarea

TERP10 Quiz Unit 11 Human Capital Management

The main functions of the Personnel subarea are the following EXCEPT ? 

A)      To set groupings for Time Management.

B)      To generate a default pay scale type.

C)      To define to public holiday calender.

D)      To define subarea-specific wage types for each personnel area.

E)      To define a grouping for Personnel Calculation Rule for employees pay.

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Question no : 460 HR Basic Master Data

TERP10 Quiz Unit 11 Human Capital Management

Which of the following is TRUE about relationship between Job, Position, and Personnel number ? 
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I)       A position inherits a job's tasks.
II)      All positions must be either 100% filled or vacant only.
III)     A job can have multiple positions assigned to it. 
IV)     Jobs are held by Personnel or Employees and not Positions.

A)      I, II.

B)      II, III, IV. 

C)      II, IV.

D)      I, II, III.

E)      I, II, III, IV.

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Question no : 459 HR Organizational Units

TERP10 Quiz Unit 11 Human Capital Management

Which of the following organization unit is assigned to the Company Code ? 

A)      Personnel area.

B)      Personnel sub-area.

C)      Employee group.

D)      Employee sub-group.

E)      Payroll group.

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