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    Sap Fico Mock Test I

    Uploaded by

    Syed Sagheer Abbas
    Sap

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Sap Fico Mock Test I

    Uploaded by

    Syed Sagheer Abbas
    8K views4 pages
    Sap

    Original Title

    Sap Fico Mock Test i

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

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    Sap

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    8K views4 pages

    Sap Fico Mock Test I

    Uploaded by

    Syed Sagheer Abbas
    Sap

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4
    At a glance
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    The document discusses mock tests related to SAP FICO with questions about different components and concepts in SAP FICO like general ledger, accounts receivable, accounts payable etc.

    A company code is the smallest unit for which financial statements can be generated in SAP.

    A business area is used to differentiate transactions that come from different lines of business in a company.

    SAP FICO MOCK TEST

    http://www.tutorialspoint.com Copyright © tutorialspoint.com

    T his sect ion present s you various set of Mock T est s relat ed t o SAP FICO. You can download
    t hese sam ple m ock t est s at your local m achine and solve offline at your convenience. Every
    m ock t est is supplied wit h a m ock t est key t o let you verify t he final score and grade yourself.

    SAP FICO MOCK TEST I

    Q 1 - In which SAP client can be used to configure ST MS?

    A - 001

    B - 000

    C - 066

    D - All of t he above

    Q 2 - In SAP FICO system, which of the following is not a components under


    Finance Accouting?

    A - General Ledger

    B - AR/AP

    C - Fixed Asset s

    D - Cost Cent er

    Q 3 - Which of the following statement is correct about G/L accounts?

    A - It cont ains all t he t ransact ion det ails of a com pany. It act s as prim ary record t o
    m aint ain all account ing det ails.

    B - It includes t he det ail of am ount t hat is paid by cust om er and t he am ount t hat is paid by
    com pany t o t he vendors.

    C - It deals wit h all t he fixed asset of t he com pany and provides all t he t ransact ion det ails
    about fixed asset s.

    D - It is used t o m anage all t he t ravel expenses of a com pany. It involves all t he t ravels
    request , t heir planning and expenses involved in all request ed t rips.
    Q 4 - Which of the following statement is correct about Account Receivable and
    payables?

    A - It cont ains all t he t ransact ion det ails of a com pany. It act s as prim ary record t o
    m aint ain all account ing det ails.

    B - It includes t he det ail of am ount t hat is paid by cust om er and t he am ount t hat is paid by
    com pany t o t he vendors.

    C - It deals wit h all t he fixed asset of t he com pany and provides all t he t ransact ion det ails
    about fixed asset s.

    D - It is used t o m anage all t he t ravel expenses of a com pany. It involves all t he t ravels
    request , t heir planning and expenses involved in all request ed t rips.

    Q 5 - Which of the following is a smallest unit in an organization for which


    financial statements (profit-loss statement, etc.) can be generated?

    A - A Com pany

    B - Com pany Code

    C - Funct ional area

    D - Credit Cont rol

    Q 6 - Which of the following is used to differentiate transactions that comes from


    different line of business in a company?

    A - Business Area

    B - Credit Cont rol

    C - Funct ional Area

    D - General Ledger

    Q 7 - Which of the following represent the list of GL accounts that are used to
    meet daily needs and country’s legal requirement in a company?

    A - General Ledger

    B - Chart of account s

    C - Credit cont rol area

    D - Com pany code

    Q 8 - You can use fast entry screens in SAP FI to enter?

    A - Cust om er and Vendor line it em s

    B - G/L cust om er and vendor line it em s

    C - Invoice Receipt against GR

    D - G/L line it em s
    Q 9 - Which of the following can be used to carry forward P/L account balances?

    A - Aut om at ically using single ret ained earning account s

    B - Aut om at ically using m ult iple ret ained earning account s

    C - Using period end processing via single ret ained earning account

    D - Using period end processing via m ult iple ret ained earning account

    Q 10 - Which of the following chart of accounts type contains all General Ledger
    accounts that are used to meet daily needs in a company?

    A - Com pany Chart of account s

    B - Count ry Chart of account s

    C - Operat ing Chart of account s

    D - None of t hese

    Q 11 - T o effectively manage and control large number of G/L accounts, you can
    use Chart of accounts group?

    A - T rue

    B - False

    Q 12 - Which of the following T ransaction code can be used to create a new G/L
    account?

    A - FS00

    B - OB53

    C - OBD4

    D - OB13

    ANSWER SHEET

    Question Number Answer Key

    1 B

    2 D

    3 A

    4 B

    5 B

    6 A

    7 B
    8 D

    9 D

    10 C

    11 A

    12 A

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