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1. For which of the following can you park documents? There are 2 correct answers to this question.
A) Sales invoices
B) Material accounts
C) Customer accounts
D) General ledger accounts
2. In stock valuation, which of the following groups of stocks are valuated? There are 3 correct answers to this question.
A) Finished goods
B) Work in process
C) Raw materials, supplies, and consumables
D) Goods invoiced
3. Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data? There are 3 correct answers to this question.
A) For a large quantity of legacy data, use batch input procedure (program RAALTD01)
B) For a small quantity of legacy data, use AS100.
C) For a very large quantity of legacy data, use the direct input procedure (program RAALTD11)
D) For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT
E) For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface
4. 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 to this question.
A) Perform foreign currency valuation for accounts payable.
B) Create the asset history sheet for asset accounting
C) Post recurring entries for the general ledger.
D) Process bad debt expenses for accounts receivable.
5. Which of the following standard correspondence types can you use to exchange information with customers and suppliers? There are 2 correct answers to this question.
A) Dunning letters
B) Bill of exchange charges statements
C) Payment notices
D) Invoices
Solutions:
| Question # 1 Answer: C,D | Question # 2 Answer: A,B,C | Question # 3 Answer: B,D,E | Question # 4 Answer: C,D | Question # 5 Answer: A,C |
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