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SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP4 Sample Questions:
1. 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 perform periodically recurring activities.
C) To create mass change of offsetting days for existing activities.
D) To run reconciliation between CO and FI.
2. What are the advantages of the Payment Medium Workbench (PMW)? (Choose three)
A) It automatically creates direct debits.
B) It can be used to create new payment formats.
C) It activates the automatic import of settings related to changes in payment transaction laws.
D) It can be used to change payment formats without modifying the programs.
E) It provides a uniform set of functions for all kinds of payment methods.
3. What controls the posting key? (Choose three)
A) Document type
B) Field status
C) Debit/credit indicator
D) Account type
E) Number range
4. Down payments can be posted using a special G/L transaction. What is the main benefit of this functionality?
A) It automatically clears down payment requests.
B) It automatically clears down payments against the final invoice.
C) It posts down payments to a reconciliation account that is different from that of ordinary payables and receivables.
D) It shows data in the appendix of the balance sheet.
5. At the end of a fiscal year the system carries forward the balance of certain accounts to a special retained earnings account and sets them to zero. Which accounts are treated in such a manner?
A) Accounts only managed on the basis of open items
B) Balance sheet accounts
C) Profit accounts
D) Balance sheet and profit accounts
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,D,E | Question # 3 Answer: B,C,D | Question # 4 Answer: C | Question # 5 Answer: C |


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