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 SAP Certification Questions

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Q:

For which functions can you use MIGO?

A. Display a material document

B. Display a purchase order

C. Enter a goods receipt with reference

D. Enter a transfer posting without reference

Answer

Answer : A , C, D


 


Explanation: With the MIGO transaction, you can enter goods  movements (recei pts/issues and transfer postings) with and without reference to reference documents. You can also display and cancel  material documen ts (material documents cannot be deleted as they are used for the documentation of goods movements). You cannot process or
display purchase orders and reservations directly with  transaction MIGO ; it is only possible to display material documents.

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Subject: SAP MM

9 6060
Q:

An asset under construction requires a separate asset class with their own account determination since depreciation has to be shown separately on the balances sheet.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:
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Subject: SAP FI

1 5734
Q:

Which of the following statements accurately describe a client in an SAP system?

A. A client corresponds to a customer.
B. A client has its own database.
C. A client may represent an entire company.
D. A client represents a completely independent business entity.

Answer

Answer : C , D


 


Explanation: The data for all clients in an SAP system is stored within a single common database. This data is nevertheless divided by client so that different companies can be administered and controlled in  different clients. A client is not a customer within an SAP system.


 

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Subject: SAP MM

24 5722
Q:

Which of the following MRP areas do not exist?

A. Consignment MRP area
B. Plant MRP area
C. Storage location MRP area
D. Subcontractor MRP area

Answer

Answer : A

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Subject: SAP MM

16 5627
Q:

Every company code can have following combinations as chart of accounts (COA)

A. one operating, one group and one alternate COA

B. one operating COA and many group COAs

C. many operating COAs and one group and one alternate CoA

D. one operating COA and one alternate COA

Answer

Answer : A ,D

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Subject: SAP FI

7 5627
Q:

When several organizational units carry out dunning within a single company code, the SAP entity used to distinguish and control the process is called

A. dunning area

B. dunning key

C. dunning clerk

D. dunning procedure

Answer

Answer : A

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Subject: SAP FI

4 5608
Q:

The primary goal of financial management is to

A) Expand their share of the market B) Maximize the current value per share of the existing stock
C) Examining whether costs are reasonable or unreasonable D) All the above
 
Answer & Explanation Answer: B) Maximize the current value per share of the existing stock

Explanation:

The primary goals of financial management dwell on both short-term and long-term activities that seek to maximize value creation from scarce financial resources. And then the primary goal of financial management is to Maximize the current value per share of the existing stock.

 

All businesses aim to maximize their profits, minimize their expenses and maximize their market share. Here is a look at each of these goals.

 

Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic principles of management in financial activities such as purchases, sales, capital expansion, inventory valuation, financial reporting, and profit distribution.

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Filed Under: SAP FI
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

11 5426
Q:

How many parallel currencies are possible and at what level they are assigned?

A. 2 local currencies, company code

B. 3 local currencies, company code

C. 2 local currencies, chart of account

D. 3 local currencies, chart of account

Answer

Answer : B

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Subject: SAP FI

26 5347