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SAP Certified Solution Consultant Financials - Financial Accounting with SAP ERP 2005 Sample Questions:

1. Item interest calculation. (Choose Three)

A) Calculate interest on open items and/or cleared items without posting the interest
B) Calculate interest on open and cleared items and post the interest.
C) Calculate interest on Balances.
D) Calculate interest on cleared item only and post the interest.

2. Asset classes (Choose Five)

A) you can suppress individual depreciation areas in each asset class
B) for each depreciation area you can propose depreciation attributes for assets, you can choose that they be specified by the system
C) asset classes are created at company code level
D) consist of a master data section and a depreciation area section
E) asset classes are created at client level
F) are assigned to at least one chart of depreciation
G) for each depreciation area you can propose depreciation attributes for assets
H) consist of a master data section only

3. Automatic Payment Run.

A) One payment run can be used to execute the payment run of several company codes, providing all company codes are using same currency
B) One payment run can be used to execute the payment of several company codes providing all of them are of same country and using same chart of account.
C) Can be used for customer, vendor and GL Accounts, but for GL Accounts we have to define the payment method in GL master and not in the line items
D) If we define payment method in the vendor master data as well as in the line item, and enter the payment of the master data in the parameter system shows the line item in exception.
E) Payment program consider only those credit memo which are created with reference to invoice

4. Select the correct statement. (Choose Two)

A) If no payment method is entered in the line item as well as in the master data of vendor, line item will not be selected in the payment program.
B) Automatic payment run can also be used for special GL transaction, if special GL indicator is maintained in the Automatic payment configuration.
C) All types of open item selected in automatic payment program without any additional configuration.
D) Automatic payment run can only use for standard open items.

5. mySAP ERP delivers standard depreciation areas and additional areas cannot be defined

A) false
B) true

Solutions: