SAP FI Self-Test Questions and Answers #8

These are just simulated Financial Accounting Questions to self-test your knowledge.
 
1. What are the building blocks for the SAP Solution Management strategy (Please choose the correct option)?
 
A) Safeguarding Management, Empowering Management, Solution Management Optimization, Support Programs Management and Testing Management.
B) Global Strategy and Service Level Management, Business Process Management, Management of mySAP technology, Software Change Management and Support Desk Management.
C) Project Management, Blueprint Definition Management, Configuration Management, Customizing Synchronization Management and Testing Management.
D) Integrated Product Management, Project Monitoring and Control, Configuration Management, Supplier Agreement Management and Organizational Effort Management.
E) Supply Chain Management, Customer Relationship Management, Strategic Enterprise Management, Business Warehouse Management and Advanced Planner Optimizing.
 
2. SAP Solution Manager is (Note: we can have more than one correct sentence.
Please select the sentences you think they are correct):
 
A) a customer platform that enables representation and documentation of the entire SAP documentation.
B) a platform that provides a single point of access into component systems for design, configuration and testing activities.
C) a platform that provides with the Business Process Repository central access to the list of predefined business scenarios, which serve as a starting point for identifying the project scope to be implemented.
D) a platform that only enables component-oriented configuration and testing.
E) a platform that helps reducing the total costs of ownership (TCO).
 
3. What are the five phases of the Implementation Roadmap (Please choose the correct option)?
 
A) Global Strategy, Business Process Management of mySAP technology, Development Management, Software Change Management and Support Desk Management.
B) Project Preparation, Business Blueprint, Realization, Final Preparation and Go Live & Support.
C) Integrated Product Management, Project Monitoring and Control, Configuration Management, Supplier Agreement Management and Organizational Effort Management.
D) Supply Chain Management, Customer Relationship Management, Strategic Enterprise Management, Business Warehouse Management and Advanced Planner Optimizing.
E) Transactions, Logical Component, Documentation, IMG Assignments and Test Cases.
 
4. The SAP Solution Manager as the technical and operations infrastructure has some components. What are they (Please choose the correct option)?
 
A) Operations, Solution Monitoring and Support.
B) Schedule Manager, Solution Manager and Solution Monitor.
C) Transactions, Logical Component, Documentation, IMG Assignments and Test Cases.
D) Project Preparation, Business Blueprint, Realization, Final Preparation and Go Live & Support.
E) Workflow, SAP Notes search, SAP Notes assistant and interface to SAP Service Marketplace to send Support Notifications.
 
5. Which of the following are types of selection variables for report variants?
 
A) Table variables from TVARV
B) Dynamic date calculation
C) Posting period.
D) Fiscal year.
 
6. Which of the following statement is correct?
 
A. A company code is not an organizational unit
B. A company code must use business areas
C. A company code can only be linked to one controlling area
D. A company code can have more than one operating Chart of Account
 
7. In SAP what is the document principle?
 
A. It determines the data flow between Financial Accounting and other components of the SAP system
B. It is the set of documents FI is based on
C. It provides an unbroken audit trial from the financial statements to the individual documents
D. It is used to count the number of documents used to during a posting in FI
 
8. In SAP FI which statements are correct for the chart of accounts?
 
A. It is possible to assign only two chart of accounts to a company code
B. This is a list of all G/L accounts used by one or several company codes
C. For each G/L account, the chart of accounts contain the account number, account name and the information that control how an account functions and how a G/L account is created in a company code
D. It is possible to assign more than one chart of accounts to a company code
 
9. A company in the SAP structure is:
 
A. Used the same as a company code
B. A consolidation master record
C. Used to report structures in SAP
D. Used to accumulate company code data for more than one company code
 
10. Which of the following are structures of Chart of Accounts?
 
A. Operating chart of accounts
B. Standard chart of accounts
C. Optional chart of accounts
D. Country specific chart of accounts
E. Group chart of accounts
 
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Answers
 
1. B.
 
2. A, B, C, E.
SAP Solution Manager enables process-oriented versus component-oriented configuration and testing.
 
3. B.
 
4. A.
 
5. A and B
 
6. C
 
7. C
 
8. A, B, C and D
 
9. B
 
10. A, D and E

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See Also

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