You are on page 1of 4

ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 7

1. 2. 3. 4. 5. 6.

What are the three elements (servers) of R/3 system? All the data and programs are stored in_____________ server in R/3 What is long form of BAPI? BAPI is assigned to one and only one business object. TRUE/FALSE What are the five milestones in ASAP methodology? What are the new dimension products of SAP in cooperative business scenario? 7. What are the two major elements of mySAP.com? 8. To delete the current session, _______________ command is used 9. You can find transaction code for the function you are working in under ________ option of __________ menu 10. ________ key is used for help on fields, menus, functions, messages 11. User specific settings are done in ____________ option of ___________ menu 12. Highest level element of all organizational units is the _________ 13. _______________ area is business unit where cost accounting is carried out in SAP 14. Business areas are company code dependent. TRUE/FALSE 15. Company code is ____ character __________ 16. One chart of account cannot be assigned to more than one company code. TRUE/FALSE 17. Fiscal year variant can be of two types. Name them 18. In case of non-calendar fiscal year, annual displacement indicator is used. TRUE/FALSE 19. ___________ & ________ are two segments of a chart of account 20. In case of G/L account, number ranges are attached to G/L account. TRUE/FALSE 21. _________ chart of accounts is used for consolidation 22. Vendor account is defined at _________ level 23. More than one plants can be attached to a single company code. TRUE/FALSE 24. Purchasing is done by ____________ organization for a ___________ 25. What are the three steps for standard procedure for posting procurement transactions in FI? 26. _____________ is central organizational structure in profitability analysis 27. One company code may contain several sales organizations. TRUE/FALSE 28. Receivables and revenues are posted when ___________ document is created in sales and distribution module 29. ____________ is the main criteria for defining an asset 30. ____________ are used to keep more than one valuation basis for depreciation 31. More than one cash journal can have the same cash account TRUE/FALSE 32. ______________________ are two elements of an SAP FI document 33. Document number range can be ____________ and __________ 34. In case of ___________ number range, same document number will be taken for new fiscal year 35. One number range can be assigned to several document types. TRUE/FALSE 36. One document type can have more than one number range. TRUE/FALSE 37. Posting keys are defined at __________level 38. A field status within an FI document is controlled by three factors. Name them. 39. Several company codes can use the same posting period variant. TRUE/FALSE 40. ___________ is the date from which the due date is derived 41. If customer invoice is created in SD, then payment terms from __________ segment will be defaulted 42. ____________ posting is one of the methods of document reversal 43. While posting a parked document, document number is changed. TRUE/FALSE

ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 7 44. Validations are performed before substitution. TRUE/FALSE 45. You can close a fiscal year even if you have parked documents. TRUE/FALSE 46. All R/3 applications and functions process exchange rates using ______ and _______ quotation 47. _____________ keys contain further specifications for account assignment in tax calculation procedure 48. Base amount is either _____ or ________ item 49. Tax code contains the ________ 50. Reconciliation account type for vendor is ____ and customer is ____ 51. If an account is managed with open items, then ___________ must be activated 52. In consolidation, company codes are attached to __________ and business areas are attached to ______________

ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 7

KEY 1. 2. 3. 4. 5. PRESENTATION SERVER, APPLICATION SERVER, DATABASE SERVER DATABASE BUSINESS APPLICATION PROGRAMMING INTERFACE FALSE PROJECT PREPARATION, BUSINESS BLUEPRINT, REALISATION, FINAL PREPARATION, GOLIVE AND SUPPORT, CONTINUOUS DEVELOPMENT 6. BW, CRM, APO, B2B, SCM, KW 7. MARKET PLACE, WORK PLACE 8. /n 9. SYSTEM 10. f1 11. USER PROFILE SYSTEM 12. CLIENT 13. CONTROLLING AREA 14. FALSE 15. 4, ALPHANUMERIC 16. FALSE 17. YEAR DEPENDENT, YEAR INDEPENDENT 18. TRUE 19. COMPANY CODE, COA 20. FALSE 21. GROUP 22. CLIENT 23. TRUE 24. PURCHASING ORGANIZATION, PLANT 25. PURCHASE ORDER, GOODS RECEIPT, INVOICE VERIFICATION 26. OPERATING CONCERN 27. TRUE 28. BILLING 29. ASSET CLASS 30. DEPRECIATION AREAS 31. TRUE 32. DOCUMENT HEADER AND DOCUMENT LINE ITEMS 33. INTERNAL, EXTERNAL 34. YEAR DEPENDENT 35. TRUE 36. FALSE 37. CLIENT 38. ACCOUNT GROUP, POSTING KEY, G/L ACCOUNT LEVEL 39. TRUE 40. BASELINE 41. SALES AREA 42. NEGATIVE 43. FALSE 44. TRUE 45. FALSE 46. DIRECT, INDIRECT 47. ACCOUNT/PROCESS 48. EXPENSE, REVENUE 49. TAX RATE 50. K, D

ACADEMY: MANAGERIAL AND FINANCIAL ACCOUNTING FI PAPER: 7 51. LINE ITEM DISPLAY 52. COMPANY, CONSLIDATION BUSINESS AREA