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SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP4 Sample Questions:

1. A multinational concern acquires a company in another country which has local reporting requirements. They are using one operational chart of account for all companies.
How can you fulfill this country-specific requirement?

A) Create a group chart of accounts and assign it to the company code.
B) Create a country-specific chart of accounts and assign it to the company code.
C) Create a country-specific chart of accounts and assign it to the regular chart of accounts.
D) Create a country-specific chart of accounts and assign it to the group chart of accounts.

2. You receive a payment where the difference from the posted invoice is larger than the stated tolerance limit. How can you deal with this? (Choose two)

A) Increase the tolerance limit manually while posting the document.
B) Post the difference as a residual item.
C) Park the document and assign it to a person with a higher tolerance limit.
D) Post the difference to an account assigned to a reason code.

3. During reorganization, two cost centers are merged, and all future postings should go to only one of them. If postings are made to the wrong cost center in future FI-postings, your customer wants to ensure that the wrong cost center is automatically replaced by the correct one. What will you recommend?

A) Define a substitution in FI with the wrong cost center as a prerequisite and the correct one as the substituted value.
B) Create a user-specific program to substitute the wrong cost centers automatically overnight.
C) Define two substitutions for the Line Item call-up point.
D) Define a validation in CO to ensure that the functional area is filled in the cost center master.

4. A customer wants to define a chart of depreciation. How do you recommend setting up the depreciation area?

A) Based on the relevant chart of accounts
B) Based on the aims of internal or external reporting
C) Based on company codes
D) Based on relevant currencies

5. Which activity will have an impact on the net book value of an asset?

A) Changing the account determination
B) Changing the assigned WBS element
C) Changing the useful life of the asset
D) Changing the assigned cost center

Solutions: