SAP Finance extra
SAP Finance Challenge
Test your knowledge of SAP Finance with this engaging quiz! Designed for finance professionals and SAP enthusiasts alike, our quiz covers a wide range of topics from general ledger accounts to asset accounting.
Prepare for the challenge with:
- 20 multiple-choice questions
- Instant feedback on your answers
- The opportunity to enhance your SAP finance expertise
Which data sections are part of every asses class? There are 2 correct answers to this question
Valuation area data section
Account determination data section
Depreciation data section
Master data section
Which of the following steps are parts of the process of configuring the payment program? There are 3 correct answers to this question
Configure the payments methods for each company code
Configure the house banks
Configure the paying company codes
Configure the G/L account field status for document entry
What account types can you use to classify general ledger accounts in SAP S/4Hana?
Secondary costs
Balance sheet
Reconciliation accounts
Non-operating expense or income
Which of the following information is entered in the chart of accounts segment of a G/L account? There are 3 correct answers to this question
Consolidation field
Control fields
Currency fields
Account number
Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question.
Account required
Number of data fields required
Company code required
Document number required
Reason code required
What is controlled by the terms of payment? There are 3 correct answers to this question.
Default payment method
Setting for net procedure
Allowed account type
Account for cash discount receivec
Determination of the baseline date
Identify the criteria that usually differentiate between document change rules. There are 2 correct answers to this question.
Company code
Account type
Open items
Asset clas
What must you do when you set up depreciation areas? Please choose the correct answer
Define the valid depreciation keys for each depreciation area
Assign leading depreciation area area 01 to leading ledger OL.
Define the relevant asset classes for each depreciation area.
Assign an accounting principle for each depreciation area.
Which statements best describe extension ledgers in SAP S/4HANA? There are 2 correct answers to this question
Extension ledgers can have different currencies than the underlying ledger.
Extension ledgers can be assigned their own fiscal year variant.
Multiple extension ledgers can point to the same underlying ledger.
Extension ledgers can be assigned their own posting period variant
For which of the following can you park documents? There are 2 corrects answers too this question.
General ledger accounts
Material accounts
Sales invoices
Customers accounts
Which fields of a financial accounting document influence the automatic payment program? There are 3 correct answers to this question
Payment type
Payment term
Payment block
Payment method
What do you configure to allow cross-company-code transactions? There are 2 correct answers to this question.
Account types
Clearing accounts
Posting keys
Special G/L indicator
You are responsible for configuring document splitting. What are some of the key settings? There are 2 correct answers to this question.
Document type
Document number range
Field status variant
Business transaction variant
Which of the following options can you use to change the G/L account master data using collective processing? There are 3 correct answers to this question.
Change account descriptions
Change company code data
Change client level data
Change chart of accounts data
For which of the following special G/L transactions does the SAP/S4HANA application not update the transaction figures?
Customer account
Special general ledger account
Vendor account
Noted items
Your customer performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing? There are 2 correct answers tot this question.
Process bad debt expenses for accounts receivable
Create the asset history sheet for asset accounting
Post recurring entries for the general ledger
Perform foreign currency valuation for accounts payable
For which activities can you use an extension ledger? There are 2 correct answers to this question
Simulation of foreign currency valuation
Configuration of customs fields for financial statements
Adjustments for consolidation purposes
Parallel valuation of depreciation areas
Which of the following methods does the depreciation key define? There are 3 correct answers to this question
Asset sheet valuation method
Base method
Multilevel method
Period control method
Identify the three types of tolerances in accounting. There are 3 correct answers to this question
Special account tolerance groups
G/L account tolerance groups
Customer/Vendor tolerance groups
Employee tolerance groups
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