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Total 80 Questions | Updated On: Nov 20, 2024

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Question 1

What is the correct order of steps when you use the SAP I financial Closing Cockpit?

A : Create tasks 2. Define dependencies 3. Create template 4. Create task list 5 Release task list

B : Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list

C : Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release task list

D : Create template 2 Create tasks 3. Create task list 4. Define dependencies 5. Release task list

Answer: C

Question 2

You are implementing the Financial Closing Cockpit for your organization. What are the advantages of defining task groups? Note: There are 2 correctanswers to this question

A : It allows cross task list monitoring of task status.

B : It allows cross template maintenance.

C : It covers multiple companies with same or similar tasks.

D : It allows cross task list execution of tasks.

Answer: B,C

Question 3

You define the technical clearing account for Integrated Asset Acquisition in Customizing. Which prerequisites must be met? Note: There are 2 correctanswers to this question

A : The account is a balance sheet account.

B : The account is defined as open item managed.

C : The account is defined in the account determination for each asset class.

D : The account is defined as a reconciliation account for fixed assets.

Answer: A,D

Question 4

Financial Closing

What is the purpose of period interval 3 when you define open and closed periods?

A : Posting from CO to FI

B : posting to special putpose ledge

C : Posting to the extension ledge

D : Posting to special periods

Answer: A

Question 5

General Ledger Accounting

"A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The

controlling area currency is

EUR.

Which currencies can you post to this account?"

A : You can post to the account in any currency and it will be converted into CAD.

B : You can only post to the account in CAD, USD, and EUR.

C : You can only post to the account in CAD and USD.

D : You can only post to the account in CAD.

Answer: D

Page: 1 / 16

Total 80 Questions | Updated On: Nov 20, 2024

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