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SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP4 Sample Questions:

1. Down payments can be posted using a special G/L transaction. What is the main benefit of this functionality?

A) It shows data in the appendix of the balance sheet.
B) It posts down payments to a reconciliation account that is different from that of ordinary payables and receivables.
C) It automatically clears down payments against the final invoice.
D) It automatically clears down payment requests.

2. Which of the following activities will generate an FI document if real-time integration between CO and FI has been set up? (Choose two)

A) A distribution between cost centers that reside in two different controlling areas
B) A test run of the settlement run of an asset under construction to a G/L account
C) A subsequent change of a segment in a CO document
D) An assessment between cost centers that belong to two different company codes
E) An assessment between cost centers in one company code with different functional areas

3. What are the benefits of using the accrual engine? (Choose three)

A) The accrual engine can correct accruals in the previous month even if that period is closed.
B) The accrual engine is client-independent.
C) The accrual engine supports parallel accounting.
D) The accrual engine calculates the accrual amounts automatically.
E) The accrual engine can simulate planned future accruals.

4. Your customer sells products and services. They have to separate the invoices into invoices for products and invoices for services. Which object do you have to use to create dunning notices dependent on the division (product or service)?

A) Dunning keys
B) Different dunning runs
C) Dunning areas
D) Dunning block reasons

5. Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the Closing Cockpit do you highlight? (Choose two)

A) It enables the use of a task list covering all closing activities.
B) It optimizes legacy data transfer.
C) It closes the posting period automatically at the last day of the period.
D) It provides a complete documentation of the activities performed at period end closing.

Solutions: