AC01 0-Tes Formatif Unit 3-Pert 9

1. Customer account group is used to, except: * (10 Poin)

Determine internal or external number range for customer
Group similar type of customer
Determine customer credit area
Determine screen layout of customer master data

2. A customer data, called "CustomerX" in the company code 1000 is used in two sales area:
1000/12/00 and 1 000/10/00. Then customer data in sales area 1000/12/00 has been created.
What is the effect of this? * (10 Poin)

The customer master data in sales area 1000/10/00 needs to be created if user want to create
sales order for that customer
The customer master data in sales area 1000/10/00 has been automatically created
The customer master data in sales area 1000/10/00 no needs to be created if user want to
create sales order for that customer

3. Customer accounts are made up of the following level, except: * (10 Poin)
Business Area data
General data
Sales Area data
Company Code data

4. The party that actually receives the shipment is called? * (10 Poin)
Payer
Forwarding Agent
Bill-to-Party
Sold-to-Party
Ship-to-Party

5. Customer address can be found in which segment in customer master data? * (10 Poin)
Sales Area Data
General Data
Accounting Data
Distribution Chain Data

6. The following are the madatory partner functions in SAP: * (10 Poin)
Payer
Sold-to-Party
Bill-to-Party
Forwarding Agent
Ship-to-Party

7. A customer data, called XYZ is used in two company code: 1000 and 3000. Then customer
address data is changed in company code 1000. What is the effect of this change? * (10 Poin)
Changing will only affect in Company code 1000
Changing will only affect in Company code 3000
We need to change address data in Company Code 3000 too. Create new customer account
Customer address data in another company code will also be changed

8. lf you use internal number range assigned to customer account groups, you have to
manually enter the customer number. * (10 Poin)
False
True

9. Sales Area is combination of? * (10 Poin)

Sales Organization-Distribution Channel
Sales Organization-Distribution Channel-Division
Sales Organization-Division-Plant
Company Code-Plant-Storage Location

10. In the partner function, the customer who submits the order is called? * (10 Poin)
Bi1-to-Party
Ship-to-Party
Payer
Sold-to-Party
Forwarding Agent

AC01 0-Tes Formatif Unit 4-Pert 10

1. The followings are Dunning function, except: * (10 Poin)

Manually entered by accounting clerk
Issuing dunning notices
Calculating dunning levels
Managing dunning history
Calculating dunning charges and dunning interest

2. The following statements are true regarding dunning in SAP system, except: * (10 Poin)
Automatic dunning must be carried out for all number of accounts
Dunning is used to analyze all open items which are over due for payment
It is possible to change dunning proposal
Dunning procedure must be entered in every customer %.0 account if automatic
dunning is desired
3. When receiving payment from customer, the amount owned and the amount entered must
be equal. * (10 Poin)
True
False

4. Method of posting which open invoice would be cleared and new open item in the amount
of the payment difference is created, is called? * (10 Poin)
Partial Payment
Complete Payment
Minor Payment
Residual Payment

5. The invoice and credit memo screen transaction consist of the following areas, except: *
(10 Poin)
Customer data
Header data
Templates
Customer status data
Information area
G/L account data

6. There are two methods of posting at incoming payment, they are partial payment and
residual item. * (10 Poin)
True
False

7. Bill of exchange charges or payment difference are posted automatically when the
following request is carried out: * (10 Poin)
Correspondence
Overdue item
Dunning
Customer payment history

8. User may enter the dunning procedure in? * (10 Poin)

Customer Master
G/L Account
Vendor Master
Material Master
Profit Center

9. Account receivable information system can be used to generate the following reports,
except: * (10 Poin)
Average number of days customer to pay an invoice
Cash discount history
None of the choices
Overdue items
Customer payment history

10. The balance and information about customer is displayed in screen area: * (10 Poin)
G/L account items
Header and customer data
Information area
Templates

AC01 0-Tes Formatif Unit 4-Pert 11

1. The followings are elements of credit management master records: * (10 Poin)
Overview
General data
Credit control area data
Company code data

2. lf the value of order exceeded the credit limit, the order still can be shipped but cannot be
billed. * (10 Poin)
False
True

3. User have created a new customer master record for sales area 1000/10/00. However, in
order for sales organization 1100 to sell goods for that customer as well is still possible
without creating another sales area data for this customer. * (10 Poin)
False
True

4. The shipping process support the followings activities: * (10 Poin)

Billing document
Posting the goods issue
Packing
Picking
Create outbound delivery

5. Customer invoice can be entered in Sales and Distribution module and Financial
Accounting module. * (10 Poin)
True
False

6. Industrial consumer is an example of? * (10 Poin)

Sales Organization
Distribution Channel
Delivering Plant
Division

7. is a tool that allows user to view the related documents in the customer order process. *
(10 Poin)
Dunning Level
Dunning Procedure
Document Flow
Purchase Order History
Plant

8. User can enter a sales order with many items in a single screen. * (10 Poin)
True
False

9. A document that is created in Sales Order Management and printed invoice sent to the
customer is known as: * (10 Poin)
Demand Determination
Order Processing
Outbound delivery
Shipping
Billing

10. Example of Distribution Channel are the followings, except: * (10 Poin)
Internet Sales
Store Chains
Service
Spare Parts

AC01 0-Tes Formatif Unit 4-Pert 12

1. After the balance carry forward program is run, the next step is? * (10 Poin)
Close special periods for customer
Run valuate foreign currency program
Block posting periods for customers and open special periods for customer
Send balance confirmation to customer

2. A must be entered in a customer's master record so that customer can be included in the
valuation program to estimate bad debt expense. * (10 Poin)
Value adjustment key
Reconciliation Account
Account Group
Movement Type
Posting Key

3. Several valuation keys can be created for customers of varying credit strength. * (10 Poin)
False
True

4. The valuation run analyzes the accounts and documents defined in the parameters and
creates: * (10 Poin)
Dunning Procedure
Value adjustment key
Valuation Proposal
Dunning Proposal
Balance Confirmation

5. User can use a valuation program to carry out value adjustments. * (10 Poin)
False
True

6. The parameters in valuation run involve the following information? * (10 Poin)
Reconciliation Account
Valuation Method
Value Adjustment Key
Valuation Area
Posting Specification

7. At , the balance carry forward program is run, which ensures that the balance on customer
accounts is carried forward to the new fiscal year. * (10 Poin)
The middle of fiscal year
The start of the new fiscal year
The end of new fiscal year
The end of fiscal year
8. The valuation run can be determined using a value adjusment key contained in the
customer master. * (10 Poin)
False
True

9. The following statement are steps in closing operation at account receivable: * (10 Poin)
All choices are correct
Run balance carry forward program
Run value adjustment program
Run valuate foreign currency program
Send balance confirmations to customer

10. The following statement are true about valuation run, except: * (10 Poin)
A certain percentage of total amount, whether it's over due or not, is used as basic
calculation of the valuation
Valuation run can be used to discount open accounts receviable
We need to maintain value adjustment key in customer master record
Valuation run analyzes the accounts and documents defined in the parameters and creates a
valuation proposal

AC01 0-Tes Formatif Unit 5-Pert 13

1. When the company incurs a depreciation expense, it must allocate the expense to? * (10
Poin)
Accounting Department
Posting Key
Cost Center
Transaction Type

2. The primary cost in asset accounting which is the loss in value of an asset over time, is
called? * (10 Poin)
Transaction Type
Intangible Cost
Value Adjustment Key
Depreciation Cost
Posting Key

3. The transaction type is a distinguishing characteristic of the various asset posting. The
following are kinds of transaction type: * (10 Poin)
Adjusment Posting
Depreciation and appreciation
Credit Memos
Retirement without revenue
All choices are correct

4. There are two types of work in asset closing, they are legal requirements and technical and
organizational task. (10 Poin)
False
True

5. The following are true statement regarding group asset: * (10 Poin)
For tax reporting, valuations are done at group level
before the group asset can be retired
Each individual asset in the group must be retired
Depreciation is calculated at the group asset level
A group asset has its own master data
Several main assets can be assigned to a group asset

6. It is possible to create many asset history sheet versions. * (10 Poin)

True
False

7. The following are control data in depreciation area: * (10 Poin)

Depreciation key
Normal depreciation end date
Previous usage
Estimated Life
Normal depreciation start date

8. The following statements are true regarding Asset Class: * (10 Poin)
Every asset master must be assigned to asset class
Asset class defines the screen layout of asset master
record
Asset class is the main criterion when defining the asset
Asset class can only be created for tangible assets
Asset class controls default values for depreciation

9. Through we maintain reconciliation accounts for each asset class in order to post values of
asset accounting. * (10 Poin)
Group Asset Number
Asset Subnumber
Account Assignment Key
Depreciation Key

10. All postings made for the asset are posted in the assigned? * (10 Poin)
Company Code and Plant
Sales Area and Business Area
Company Code and Business Area
Sales Area and Company Code
Sales Area and Plant

AC01 0-Tes Formatif Unit 6-Pert 14

1. House bank is? * (10 Poin)

Bank where our vendor has an account All choices are correct None are correct answer
Bank where our company has an account
Bank where our customer has an account

2. Cash journal must be assigned to one G/L account, which represents the petty cash journal
account in general ledger. * (10 Poin)
False
True

3. Following statement are true about Posting a Check Deposit, except: * (10 Poin)
When we do posting, there will be two batch input sessions are generated
Item to be cleared are found based on the data included on the check deposit list provided
None are correct answer
Subledger accounting sessions will process account receivable but not clear the open
items

4. The followings are types of cash journal transaction, except: * (10 Poin)
Expense
Reimbursement
Cash transfer from the bank to cash office
Customer Payment Receipt
Revenue
Vendor Payment Receipt

5. Each house bank is represented in the SAP system by: * (10 Poin)
House Bank ID
G/L Account
Account ID
Bank Account
Reconciliation Account

6. Bank statement can be created by import a file into the bank temporary storage of the SAP
system. * (10 Poin)
False
True
7. The following are true statements regard to cash journal: (10 Poin)
The transferred transactions can not be printed as a journal
Each cash journal must be assigned to one G/L account
Cash transactions are saved separately in the cash journal and are transferred
periodically to the general ledger
ln cash journal user can not printed receipt for each individual transaction
Cash journal are uniquely identified by the four characters code

8. Cash journal transaction screen consist of the following, except: * (10 Poin)
Receipts and payments transactions
Balance display for period
Data selection
Header

9. When customer payment is posted using cash journal, the payment automatically clear the
open item related to the customer. * (10 Poin)
True
False

10. When user enter a transaction in the cash payments tab of the cash journal, you
automatically credit the account. * (10 Poin)
Petty Cash Journal
Expense Account
Receivable
Revenue
Bank

AC01 0-Tes Formatif Unit 7-Pert 15

1. Financial statements can be generated from either the operative chart of accounts or the
country-specific chart of accounts. * (10 Poin)
True
False

2. You can use ABAB program to assists in creating financial statement. * (10 Poin)
False
True

3. The followings are areas in Closing Cockpit transaction, except: * (10 Poin)
Detail Information
Dependencies
None of the above
Item Detail
Organization Structure
Tasks

4. Deferral methods is used when the expense or revenue belong to the current period, from
an accounting point of view, but is not posted until a later period, because the invoice has not
yet been sent or received. * (10 Poin)
False
True

5. The following are several ways to enter functional area field: * (10 Poin)
Automatic copying of the functional area entered from
the master data of the CO cost object
Automatic copying of the functional area entered from the master data of the vendor
A manual entry in the field
Automatic entry of the functional area through a substitution
Automatic copying of the functional area entered from the master data of the P&L
account

6. The following statements are true regarding Financial Closing, except: * (10 Poin)
Adjustment postings for business area must be made if business area financial statements
need to be created
Posting periods of the previous fiscal year must be blocked
Special periods for closing entries must be opened
The balance carry forward program is run at the end of a fiscal year

7. ln general ledger closing process, at the start of the new fiscal year, the balance carry
forward program is run. This ensures that the balances of the are carried forward to the new
fiscal year. * (10 Poin)
Customer
G/L accounts
Asset
Bank
Vendor

8. The GR/IR clearing account contains a list of all goods and invoices received. lf at the end
of a period, the balance of this account is not zero, the following are the cause: * (10 Poin)
Goods that were ordered but not yet shipped
Goods that were delivered but not yet invoiced
Goods that were ordered but not yet billed
Goods that were ordered but not yet delivered
Goods that were billed but not yet delivered
9. When the expense or revenue that belongs to the current period is not posted until a later
period, we are using the following method: * (10 Poin)
Depreciation
Reconcilliation
Defferal
Accrual

10. ln profit and loss statement based on cost of sales accounting, the expenses are broken
down by expense types, the expenses are listed according to their function within the
organization, such as manufacturing, sales, administration, research and development (R&D),
and production. * (10 Poin)
False
True

SOAL SAP FINANCE AC010 SESSION 1 2016

1. When receiving payment from customer, the amount owned and the amount entered must
be equal.
a. True
b. False

2. The following statements are true regarding performing transactions in Account Payable...
a. It is possible to post costs and revenues in Controlling module as statistical or real
postings. b. Internal order is defined as real posting only
c. It is NOT possible to perform automatic payment in SAP system
d. Cost center can be a statistical or real posting

3. The following statements are true regarding Asset Class, except...

a. Asset class defines the screen layout of asset master record
b. Every asset master must be assigned to asset class
c. Asset class can only be created for tangible assets
d. Asset class controls default values for depreciation

4. Invoice can be entered in Sales and Distribution module and Financial Accounting Module
a. True
b. False

5. The following steps must be carried out to perform automatic payment, except...
a. Perform proposal run
b. Maintain parameter
c. Checking and editing payment proposal
d. Perform payment run
e. Checking vendor's status

6. A bank must be maintained in Bank Directory table in order to be used in transactions.

a. True
b. False

7. When posting expense item, a cost center or internal order must be entered in order
generate document in Management accounting as well as Financial accounting.
a. True
b. False
c.

8. Accrual method is used when expense or revenue was posted in current period, but the
actual business transaction is actually inccured in a future period
a. True
b. False

9. It is possible to create various financial statement versions in SAP system.

a. True
b. False

10. Customer account group is used to, except...

a. Group similar type of customer
b. Determine internal or external number range for customer
c. Determine customer credit area
d. Determine screen layout of customer master data

11. Customer Accounts are made up of the following level, except...

a. General Data
b. Company Code data
c. Business Area data
d. Sales Area data

12. Depreciation can only be posted after depreciation posting run has been completed.
a. True
b. false

13. Foreign currency valuation needs to be carried out only if vendors accounts contains open
items in a foreign currency.
a. True
b. False
14. Subsidiary ledgers that are connected to the general ledger via reconciliation accounts are,
except....
a. Account Receivable
b. Account payable
c. Profit center
d. Asset ledger

15. The following information can be found in every GL account, except...

a. Account name
b. G/L account type
c. Account condition
d. Account number

16. When Company Code specific settings is maintained for Company Code 1000, it also
valid for Company Code 1100.
a. True
b. False

17. Reconciliation accounts is used to connect subsidiary ledgers with the general ledger in
real time.
a. True
b. False

18. The following activities are part of Procurement cycle, except...

a. Goods receipt
b. Demand determination
c. Supplier selection
d. Good issue
e. Invoice verification

19. In SAP system, asset are assigned to...

a. Client
b. Company code
c. Controlling area
d. Functional area

20. When customer payment is posted using cash journal, the payment automatically clear the
open item related to the customer.
a. True
b. False
21. House bank is...
a. Bank where our company has an account
b. Bank where our customer has an account
c. Bank where our vendor has an account
d. All of the above
e. None of the above

22. Example of Distribution channel are the followings, except...

a. Service
b. Store chains
c. Spare parts
d. Internet sales

23. Bank directory must be manually created in the SAP system

a. True
b. False

24. When creating vendor master, it is possible for the system to generate vendor number
automatically
a. True
b. False

25. On every transactions that generate accounting document, the Company Code
information must be present.
a. True
b. False

26. Vendor Accounts are made up of the following level, except...

a. General Data
b. Company Code data
c. Business Area data
d. Purchasing data

27. In order to maintain more than one valuation basis, the SAP system uses depreciation
areas.
a. True
b. False

28. A three-way match matches the following documents, except....

a. Purchase requisition
b. Good receipt
c. Invoice verification
d. Purchase order
29. The following statements are true regarding organizational structure in Financial
Accounting module, except...
a. General ledger is assigned to the Company Code level and is used for creating balance
sheet and profit-and-lost statements.
b. Company Code has a complete self-contained set of accounts.
c. Business Area is used to represent business segments or branches.
d. More than one Company Codes can be assigned to one controlling area.

30. The following statements are true regarding chart of accounts, except...
a. A chart of accounts can be used only for one company code
b. Only one operating chart of accounts is assigned to company code
c. It is possible to assign unlimited number chart of accounts in SAP system
d. Chart of accounts contains definition of all G/L accounts in a specific ordered form

31. The following statements are true regarding dunning in SAP system, except...
a. Dunning procedure must be entered in every customer account if automatic dunning is
desired
b. Automatic dunning must be carried out for all number of accounts
c. It is possible to change dunning proposal d. Dunning is used to analyze all open items
which are over due for payment

32. The following statements are true regarding Financial Closing, except...
a. Adjustment postings for business area must be made if business area financial statements
need to be created
b. The balance carry forward program is run at the end of a fiscal year
c. Posting periods of the previous fiscal year must be blocked
d. Special periods for closing entries must be opened

33. Foreign currency valuation needs to be carried out only if vendors accounts contains open
items in a foreign currency.
a. True
b. False

34. Cash journal transaction screen consist of the following, except...

a. Data selection
b. Header
c. Balance display for period
d. Receipts and payments transactions

35. When creating vendor master, it is possible for the system to generate vendor number
automatically.
a. True
b. False

36. It is possible to use valuation methods for the following, except...

a. Replacement value
b. Controlling
c. Financial statements based on regional requirements
d. Financial statements for tax purposes
e. None of the above

37. Accounts Receivable Information System can be used to generate the following reports,
except...
a. Overdue items
b. Cash discount history
c. Customer payment history
d. Average number of days customer to pay an invoice
e. None of the above

38. The followings are areas in Closing Cockpit transaction, except...

a. Tasks
b. Item Detail
c. Organization Structure
d. Detail Information
e. Dependencies
f. None of the above

39. The following activities are part of Sales and Distribution cycle, except...
a. Picking
b. Demand determination
c. Outbound Delivery
d. Good issue
e. Billing

40. G/L account groups can be used to, except... a. Adjust screen layout or appearance on GL
account
b. Determine format of G/L account number ranges
c. Group similar accounts that have similar business functions
d. Determine which fields are required and optional for data entry in G/L account
e. None of the Above