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SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP4 Sample Questions:

1. A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memo.
Which accounts will be used to issue credit memos?

A) Receivables and expense account
B) Payables and expense account
C) Payables and revenue account
D) Receivables and revenue account

2. While posting a G/L document, two different field statuses (for the posting key and the G/L account) have an impact on the posting. What happens if one field status is set to Required Entry and the other one to Hidden Entry?

A) An error message will occur.
B) The field will be hidden.
C) The field will be available for entry.
D) The document can be posted anyway.

3. A customer is running SAP ERP 6.0 with New General Ledger Accounting. For which purpose can they use the Closing Cockpit?

A) To perform day-to-day activities.
B) To create mass change of offsetting days for existing activities.
C) To perform periodically recurring activities.
D) To run reconciliation between CO and FI.

4. Which infrastructure supports core business solutions in four subcomponents including people integration, information integration, process integration, and application platform?

A) SAP Exchange Infrastructure
B) SAP NetWeaver
C) SAP Web AS
D) SAP Business Process Management

5. Which functions are provided by the closing activity Reclassify Payables/Receivables? (Choose two)

A) Automatic correction of bad debits or credits
B) Adjustment postings for changed reconciliation accounts
C) Credit check and rating of open items
D) Open item analysis for liquidity forecast
E) Regrouping and sorting of payables and receivables

Solutions: