Chart of Accounts
1. A chart of accounts ( Multi )
a. can be allocated to multiple company code
b. can be defined as the group chart of accounts
c. only contains definitions for G/L accounts
d. can only allocated to one company code.
2. Which of the following statements is true when configuring a group chart of accounts?
a. In the company code segment of every operational account, the group account number will be a required entry.
b. The group chart of accounts is assigned to the company code in the company code global parameters screen.
c. When the assignment is made between the group and operational chart of accounts, the field group account number becomes an optional entry.
d. A one to one relationship exists between the group
account number and the operational account number in the G.L. master.
3. Which are true regarding operational chart of account? (Single).
a. To perform allocations between companies codes in the controlling each company code must be assigned to its own operational COA.
b. A company code can choose to work with multiple operational COA.
c. If cross company code controlling is required the same operational COA must be used.
d. Company code with different base currency must work with their own operational COA.
e. The operational COA is optional by co. code.
Organizational Structure
4. A client. ( Single )
a. only contain a single chart of accounts
b. may contain multiple charts of accounts
c. only use one exchange rate type
d. only have one controlling area
5. Identify the correct statement(s) regarding organizational elements within the R/3 System.
a. The Business area is defined at client level and changed in transactions defaulted by Cost Center if cost center defaulted in cost element.
b. A plant is a location in which inventory quantities and values are stored or manufactured.
c. A Controlling area can comprise several company codes
using different chart of accounts but must operate in the same currency.
6. Which of the following statements is true ? ( Single Choice)
a. A Company code can belong to more than one controlling area.
b. A plant must be allocated to a company code
c. A controlling area and a company code must have the same local currency.
d. A business area and a company code are assigned to
each other in the corporate structure IMG
7. The productive indicator in the Company Code controls the following.
a. Blocks Implementation Guide menu path
b. De-activates the delete documents and delete master data programs
c. De-activates the Transport and Correction Request System
d. Prevents the fiscal year variant from being changed in the Company Code
e. Prevents the Chart OF accounts from being changed in
the Company Code
8. Identify the correct statement
a. Business area is defaulted to a Co code in FI.
b. Business area is mapped to a co. code in controlling area.
c. Business area is used for internal P&L a/c and Balance sheet.
d. Business area if activated in FI will necessitate an assignment in controlling area master record.
e. Business area can be mapped to profit center in company
in order to produce more accurate P&L account.
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Answer:
1) a, b, c
2) d
3) c
4) c
5) b
6) b
7) b
8) c, d
