ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 5

Please read the questions carefully. More than one choice could be correct in some questions. Specific hints have not been given. Please tick mark the correct choices. Mark T of F for true or false choices respectively. 1. Which of the following statements are correct with respect to business area a. one business area can be used for many company codes b. business areas must be assigned to company code in the IMG c. they are used for internal P&L and balance sheets d. a company code can have many business areas 2. Which of the following statements are correct a. a plant is assigned to only one company code b. a company code must be assigned to one chart of accounts only c. a chart of accounts can be assigned to multiple company codes d. a plant can be assigned to many company codes 3. What are true with respect to business area a. a company code can have many6. business areas b. a business area can be across company codes c. use of business area is not optional in R/3 system d. balance sheets and profit and loss statements can be drawn up for business areas 4. Which of the following statements may be false with respect to a business area a. the use of business area is optional b. a company code can have many business areas c. business area balance sheet will always balance d. none of the above 5. The a. b. c. d. e. standard delivery clients in a R/3 system are client 000, 001 and 002 testing client 777 and training client 999 client 001, 000,002 and training client 999 client 000 and 001 client 001, 000 , testing client 777 and training 999

6. What are all the possible meanings of the word client that have been used a. a customer implementing R/3 system b. an individual PC in which batch inputs are done for uploading to SAP at a later date c. the highest technical entity in R/3 d. the data server e. the front end presentation PC which interacts with SAP system 7. The three tier in R/3 system is represented by a. client, customer and application b. data, user and application c. user, data base, programs d. presentation client, R/3 application and data base e. application, data base and customer of R/3 8. The entity in R/3 to provide financial statements and results at the lowest level is a. company

ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 5 b. c. d. e. company code controlling area plant enterprise controlling

9. Which of the following statements is always false with respect to a company code a. a company code can have many plants b. a company code can have many companies c. a company code can be linked to only one controlling area d. a company code need not be linked to an operating concern e. a company code can have many sales organizations 10. Which of the following statements are always true a. a sales organization can be assigned to only one company code b. a company can have many company codes c. a company must be linked to a controlling area d. a company code must always be assigned to a company e. an operating concern can indirectly contain only one company code 11. Which of the following entities are optional to implement the core financial module of R/3 a. operating concern b. controlling area c. business area d. plant e. company code 12. The menu hierarchy in standard R/3 system is a. main menu, application menu and task menu b. main menu, sub menu, task menu and help menu c. system menu, application menu and help menu d. main menu, application menu and help menu e. client menu, application menu and user menu 13. For a user with two user ids to the same SAP R/3 client, the maximum no. of sessions that could be open are a. six b. nine c. twelve d. eighteen e. twenty four 14. The order of fields as they appear during the log on to an R/3 system is a. client, user id, password b. language, client id, password c. client, user id, password, language d. user id, client, password, language

15. Which of the following is not seen by the user normally in the status bar of the SAP screen a. client number/id b. session number

ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 5 c. data server name/id d. user id/name e. information, error, and warming messages 16. A user has multiple sessions open and when open of the session is closed by the user a. the system does not automatically save the data/information of the session being closed b. system always prompts for saving the data in the session being closed c. system always automatically saves the data/information of the session being closed without prompting d. system prompts for saving the dta of the session being closed at the time of user log-off from the system 17. Which of the following entities cannot be directly assigned to a company code a. company b. business area c. controlling area d. functional area e. financial management area 18. ABAP stands for a. advances in business applications programming b. applications in business and advanced program c. advanced business applications programming d. advanced business for advanced program e. advantage in business applications programming 19. The configuration of the R/3 is done through a. the implementation guide b. the implementation assistant c. business navigator d. business engineer e. sessions manager 20. The ASAP CD contains a. the implementation guide b. implementation assistant c. concept check tool d. business navigator e. Q&A Db 21. Which of the following statements are true regarding ASAP project preparation phase a. the business blueprint document must be prepared b. enterprise scope area document must e prepared for initial project planning c. project plan must be prepared d. the project kick off meeting is very essential to involve all the key users and project team members to communicate the objectives and mission of the project e. technical requirements planning must be taken up

ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 5 22. Which of the following are true with respect business blueprint phase a. when customer inputs are updated on the Q&A db, there is a direct automatic updation of the IMG for the business processes/components in scope to be customized b. when the business processes are identified and updated in the system, a list of activities to be taken up in IMG for customization is generated c. the standard reference model of R/3 system cannot be directly accessed from the Q&A db d. business blueprint document shall be generated 23. Which of the following statements re true with respect to testing and quality reviews as recommended by SAP a. he volume and stress test must be conducted on the same system in which user training is done b. testing a tool which avoids retrospective changes and acts as an early warning system to correct the customization of business processes c. the power (key) users shall not be involved in the testing process as it would hinder timely completion of the activity d. there must be quality control of the first four stages before the go-live phase e. external consultants must always carry out quality control 24. What are the three data types in SAP a. master data, transaction data, and balance data b. master data, table data, and user data c. master data, table data, and transaction data d. table data, user data and transaction data e. master data, table data and server data 25. Various company codes access a controlling area should have a. same currency b. same fiscal year variant c. same chart of accounts d. same controlling organization structure

ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 5

KEY 1. A-T, B-F, C-T, D-T 2. A-T, B-F, C-T, D-T 3. A-T, B-T, C-F, D-T 4. A-F, B-F, C-F, D-F 5. A-F, B-F, C-F, D-T, E-F 6. A-F, B-F, C-T, D-F, E-F 7. A-F, B-F, C-F, D-T, E-F 8. B 9. B 10. B 11. C,D 12. A 13. C 14. C 15. . 16. A 17. B,D 18. C 19. A 20. B,C,E 21. B,C,D,E 22. B,D 23. B,C,D 24. C 25. C