SAP FI Questions

Q:

posting to G/L

A.dep is always posted on periodic basis

B.dep area 01 posts APC values to G/L online in real time

C.other dep areas can recieve their values from dep area 01 but calculate and post different dep values to G/L

D.defining dep areas for reporting purposes only do not post any values to G/L

Answer

Answer : A ,B ,C ,D

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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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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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Q:

The layout of asset master defines the following

A.The Number of tab pages

B.The field groups

C.Account groups

D.Tolerance groups

Answer

Answer : A ,B

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Q:

Which of the statements are true when running the dunning program

A. we can recreate the proposal until the dunning clerk is satisfied with the result

B. after completing the dunning proposal list, dunning data is updated in the master records of respective customer/ vendor

C. we cannot delete the proposal

D. we can edit proposal

Answer

Answer : A , D

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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 - SAP Certification
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Individual calcualtion methods which can be assigned to Depreciation key.

A. Declining balance methods
B. Maximum amounts methods
C. Multilevel methods
D. Period control Methods

Answer

Answer : A ,B , C ,D

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