SAP FI Questions

Q:

If a general ledger account is defined using a sample account, following data is referenced from the sample account

A. entire master data

B. only account control and account management data in company code segment

C. the control data in COA segment

D.only company code segment data

Answer

Answer :D

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Subject: SAP FI

2 2979
Q:

If you want to chose a different set of fields in a vendor account line item display, you choose a different

A. line layout

B. sort variant

C. totals variant

D. additional fields

Answer

Answer : A

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Subject: SAP FI

0 2924
Q:

If you do not want to dun a vendor beyond a particular level

A. use dunning block on the vendor master

B. use dunning block on the dunning procedure

C. use dunning clerk to block dunning

D. use dunning key to limit the maximum level

Answer

Answer : D

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Subject: SAP FI

0 2824
Q:

It is possible to post down payment  on an Asset Under Construction

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

Explanation:
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Subject: SAP FI

0 2709
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

0 2662
Q:

Asset sales posting can be posted to any revenue account, provided the account fields status is set correctly.

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

Explanation:
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Subject: SAP FI

0 2502
Q:

Differnt types of Depreciation areas.

A.Book depreciation - 01
B.Income tax depreciation -20
C.Revaluation -10
D.Derived Depriciation - 50

Answer

Answer : A , B , C ,D

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Subject: SAP FI

0 2474
Q:

Choose the correct statement regarding the asset class.

A. Asset classes are used as template for the asset master records and therefore necessary to decide which default values are to be stored in the asset classes to ensure the uniformity of the assets.

B. Asset classes are the most importnant means of structuring the fixed assets according to the requirements of the enterprise.

C.Asset class defination applies to all company codes in a client.

D.Asset class consits of  master data and valuation sections.

Answer

Answer : A ,B ,C ,D

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Subject: SAP FI

0 2425