1.

Which of the following provides general information on the SAP system and
transaction or task you are working on?
A. Status Bar
B. Menu Path
C. Role Bar
D. None of the above
2. What menus are standard on all SAP screen ?
A. System
B. Help
C. Both A and B
D. None of the above
3. Reconciliation accounts can be posted to directly
o True
o False
4. To which chart of accounts must a company code be assigned in order for posting to
occur ?
A. Group
B. Country
C. Operating
D. None of the above
5. More than one company code can be assigned be a controlling area.
o True
o False
6. During the proposal stage of the payment program, you cannot make any changes to
what SAP R/3 proposes to pay.
o True
o False
7. The following activities are part of Procurement cycle, except
A. Goods receipt
B. Demand determination
C. Supplier selection
D. Good issue
E. Invoice verification
8. When a purchase order is created, a financial document is also created.
o True
o False
9. How can you tell if a customer has been dunned?
A. Look in the correspondence section of his master record
B. Look at the line items in his account using the dunning screen layout
C. Both A and B
D. None of the above
10. When a delivery is initially created, accounting transaction are automatically
generated
o True
o False
11. Cash journal transactions screen consist of the following, except…
A. Data selection
 B. Header
C. Balance display for period
D. Receipts and payments transactions
12. The organizational element that is required to maintain credit limits is the
A. Controlling are
B. Sales area
C. Credit controll area
D. None of the above
13. The limit that specifies that a single credit control area cannot have more than a
certain amount of the total limit is set up for a customer in which segment of the
credit management master record?
A. Overview
B. General data
C. Credit control area data
D. None of the above
14. The following statement are true regarding performing transactions in Account
Payable
A. It is possible to post costs and revenues in Controlling module as statistical or real
postings
B. Internal order is defined as real posting only
C. It is NOT possible to perform automatic payment in SAP system
D. Cost center can be a statistical or real posting
15. The invoice and credit memo screen transaction consist of the following areas,
except…
A. Templates
B. Header data
C. Customer data
D. G/L account data
E. Customer status data
16. Customer account group is used to, except…
A. Group similar type of customer.
B. Determine internal or external number range for customer.
C. Determine customer credit area.
D. Determine screen layout of customer master data
17. A three-way matches the following documents, except
A. Purchase requisition
B. Good receipts
C. Invoice veriication
D. Purchase order
18. Vendor accounts are made up of the following level, except
A. General data
B. Company code data
C. Bussines area data
D. Purchasing data
19. House bank is..
A. Bank where our company has an account
B. Bank where our customer has an account
C. All of the above
 D. None of the above
20. In SAP system, asset are assigned to...
A. Client
B. Company code
C. Controlling area
D. Functional area
21. It is possible to drill down from an account balance to the line items that make up that
balance for all G/L accounts.
o True
o False
22. A posting key allows posting to just one account type.
o True
o False
23. When a transactions is posted in Ft, it automatically appears on the balance sheet.
o True
o False
24. You can run a report with up-to-date information at any time in the AR information
system.
o True
o False
25. When a delivery is initially created, accounting transactions are automatically
generated.
o True
o False
26. If the value of a sales order would put a customer over its credit limit, the sales order
cannot be created.
o True
o False
27. Miscellaneous invoices that do not pertain to a sales order can only be entered in AR
using thr enjoy document entry screen.
o True
o False
28. The following steps must be carried out to perform automatic payment, except…
A. Perform proposal run
B. Maintain parameter
C. Checking and editing payment proposal
D. Perform payment run
E. Checking vendor's status
29. When posting expense item, a cost center or internal order must be entered in order
generate document in Management accounting as well as Financial accounting.
o True
o False
30. The following statements are true regarding Asset Class, except…
A. Asset class defines the screen layout of asset master record
B. Every asset master must be assigned to asset class
 C. Asset class can only be created for tangible assets
D. Asset class controls default values for depreciation
31. Accrual method is used when expense or revenue was posted in current period, but
the actual business transaction is actually inccured in a future period
o True
o False
32. The following statements are true regarding Financial Closing, except…
A. Adjustment postings for business area must be made if business area financial
statements need to be created
B. The balance carry forward program is run at the end of a fiscal year
C. Posting periods of the previous fiscal year must be blocked
D. Special periods for closing entries must be opened
33. The followings are types of cash journal transaction, except…
A. Expense
B. Vendor Payment Receipt
C. Reimbursement
D. Revenue
E. Customer Payment Receipt
34. If the sales order is exceeded the credit limit, the order still can be shipped but can't be
billed.
o True
o False
35. Controlling area is uniquely assigned to Company Code.
o True
o False
36. Following statement are true about Valuation run, except....
A. A certain percentage of total amount, whether it's over due or not, is used as basic
calculation of the valuation
B. We need to maintain value adjustment key in customer master record.
C. Valuation run can be used to discount open accounts receviable.
D. Valuation run analyzes the accounts and documents defined in the parameters and
creates a valuation proposal.
37. The following is a TRUE statement in regards with Reconciliation Account in SAP
Financial Accounting module...
A. You can use it for organizing and managing a large number of G/L accounts
B. It describes the total of all posting on an account in debit or credit
C. It connects subsidiary ledgers with the general ledger in real time
D. It can control the appearance of the company code segment of G/L accounts
38. Depreciation can only be posted after depreciation posting run has been completed.
o True
o False
39. Automatically when special transactions, such as bill of exchange charges or payment
differences is one of request from
A. Dunning
B. Correspondence
C. Customer payment history
 D. Overdue item
40. In order to post cost information to Management Accounting, the one of the following
information must be used...
A. G/L account
B. Cost center
C. Posting key
D. Account group