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NO.1 Which line item field is filled automatically by the sort key field of a master record (G/L
account,
customer, or vendor)?
A. Item text
B. Assignment
C. Amount in document currency
D. Number of the invoice to which the transaction belongs
Answer: B
NO.2 In your leading ledger (ledger solution), balance sheets must be created for company codes
and
segments.
Which Customizing settings do you need to make? (Choose two)
A. Define a retained earnings account.
B. Define two retained earnings accounts and assign them to your P&L accounts.
C. Assign the Segment Reporting scenario to your leading ledger.
D. Activate cost of sales accounting.
Answer: A,C
NO.3 For reports in Asset Accounting, which object do you have to use and, where necessary,
customize to determine the sort level and/or the summation level?
A. Depreciation area
B. Sort key
C. Sort variant
D. Valuation area
Answer: C
NO.4 You post a G/L document. For the Text field, the field status of the posting key is set to
Required
Entry and the field status of the G/L account is set to Hidden Entry?
What happens during posting?
A. The document is posted.
B. A warning message is shown.
C. An error message is shown.
D. The Text field is hidden.
Answer: C
NO.5 Which of the following task types are supported by the Closing Cockpit or Schedule Manager?
(Choose three)
A. Spreadsheets
B. Transactions
C. Reconciliation keys
D. Notes (as a reminder or milestone)
E. Programs with or without variant
Answer: B,D,E
NO.6 You have two house banks. Each house bank has three bank accounts.
How many separate G/L accounts do you recommend the customer creates in the chart of
accounts?
A. Six – one for each combination of house bank and bank account
B. One for all postings
C. Two – one for each house bank
D. Three – one for each bank account
Answer: A
NO.7 To which of the following does an asset class apply?
A. To all company codes in a controlling area
B. To all company codes in an instance (client-independent)
C. To all company codes in a client
D. To all company codes within a client, which share the same chart of accounts
Answer: C
NO.8 Which of the following accounts are updated directly?
A. Accounts in the group chart of accounts
B. Accounts in the operating chart of accounts
C. Accounts in the master chart of accounts
D. Accounts in the country chart of accounts
Answer: B