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SAP Certified Application Associate - Financials with SAP Business All-in-One Solution Sample Questions:

1. What master data do we use to allocate costs, based on quantities, valuated by a price?

A) Primary cost elements
B) Activity types
C) Internal orders
D) Cost centers

2. The real world enterprise structure needs to be mapped to SAP applications using organizational units in order to represent the enterprise structure for legal or business-related purposes.
Which of the following descriptions would help you fulfill this mapping? (Choose two)

A) The cost center is the central organizational unit of Financial Accounting.
B) The highest level organizational unit in SAP ERP is the client.
C) Legal entities are represented as company codes.
D) Materials can only be sold in one sales organization.

3. A customer implements SAP Financials with Materials Management (MM) purchasing. They want to ensure the correct accounts are created in their general ledger to support the procurement and accounts payable entries.
Which general ledger (G/L) accounts are required in this situation? (Choose three)

A) G/L open item suspense account
B) Goods receipt / invoice receipt (GR / IR) account
C) Output tax account
D) Vendor reconciliation account
E) Input tax account

4. You want to settle a hierarchy of internal orders to a cost center in a single settlement run.
What is the main criterion for the complete settlement?

A) It is not possible to perform all the settlements in a single settlement run. Ensure that you perform as many settlement runs as the number of levels in the order hierarchy.
B) All the orders of the hierarchy must be settled to zero.
C) The orders must be settled from the lowest to the highest hierarchy number.
D) A reference to all the internal orders must appear in the settlement document.

5. You have finished the integration test and are about to migrate to the production environment.
One of the tasks of the cutover process is to transfer the Customizing from the development environment to the production environment using transport requests.
What will be transferred to the production environment via transport requests?

A) Company codes, controlling areas, plants, charts of accounts, and internal orders
B) Company codes, controlling areas, plants, charts of accounts, and cost centers
C) Company codes, controlling areas, plants, and charts of accounts
D) Company codes, controlling areas, plants, charts of accounts, cost centers, and internal orders

Solutions: