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| Section | Weight | Objectives |
|---|---|---|
| Accounts Payable | 20% | - Withholding Tax and Reporting - Automatic Payment Program - Business Partner / Vendor Master Data - Down Payments and Clearing - Invoice Verification and Posting |
| General Ledger Accounting | 25% | - Universal Journal and SAP S/4HANA Architecture - G/L Master Data and Posting Controls - Document Types, Posting Keys and Document Splitting - Parallel Accounting and Ledger Groups - Chart of Accounts and Ledger Configuration |
| Asset Accounting | 20% | - Periodic Processing and Depreciation Run - Asset Retirement, Transfer and Valuation - New Asset Accounting in SAP S/4HANA - Asset Classes, Depreciation Areas and Keys - Asset Master Data and Transactions |
| Accounts Receivable | 20% | - Customer Down Payments and Reconciliation - Incoming Payments and Clearing - Credit Management Basics - Business Partner / Customer Master Data - Dunning and Correspondence |
| Financial Closing and Reporting | 15% | - Financial Statement Versions - Fiori Apps for Financial Reporting - Reconciliation between Subledgers and G/L - Period-End and Year-End Closing Activities - Integration with Controlling |
1. What should you check if the balance of the GR/IR account is not zero at the purchase order item level on the balance sheet key date?
Choose the correct answers.
Response:
A) Check to see if the goods were delivered by the key date, but have not yet been invoiced.
B) Check to see if the goods were produced by the key date, but have not been invoiced.
C) Check to see if the goods were ordered by the key date, but have not been received.
D) Check to see if the goods were invoiced by the key date, but have not yet been delivered.
2. Which of the following methods does the depreciation key define?
Choose the correct answers.
Response:
A) Period control method
B) Multilevel method
C) Base method
D) Asset sheet valuation method
3. True or False: The special G/L indicator is the only way to post to a customer or supplier using a different reconciliation account.
A) False
B) True
4. Which of the following is a difference between data aging and data archiving?
A) Data aging allows you to retrieve the aged data for analysis.
B) Data aging frees up memory space.
C) Data archiving removes data from the database.
D) Data archiving has advanced logging capabilities.
5. Which currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.
Response:
A) Material Ledger Currency
B) Transaction Currency
C) Group Currency
D) Local Currency
Solutions:
| Question # 1 Answer: A,D | Question # 2 Answer: A,B,C | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: C,D |
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