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

1. A customer is running SAP ERP 6.0 with New General Ledger Accounting. For which purpose can they use the Closing Cockpit?

A) To perform day-to-day activities.
B) To perform periodically recurring activities.
C) To run reconciliation between CO and FI.
D) To create mass change of offsetting days for existing activities.

2. Down payments can be posted using a special G/L transaction. What is the main benefit of this functionality?

A) It automatically clears down payments against the final invoice.
B) It posts down payments to a reconciliation account that is different from that of ordinary payables and receivables.
C) It automatically clears down payment requests.
D) It shows data in the appendix of the balance sheet.

3. Which of the following lists can be printed to help you edit a dunning proposal? (Choose two)

A) Sales statistics
B) Blocked accounts
C) Blocked line items
D) Condensed master data

4. Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the Closing Cockpit do you highlight? (Choose two)

A) It closes the posting period automatically at the last day of the period.
B) It enables the use of a task list covering all closing activities.
C) It optimizes legacy data transfer.
D) It provides a complete documentation of the activities performed at period end closing.

5. A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memo.
Which accounts will be used to issue credit memos?

A) Receivables and revenue account
B) Receivables and expense account
C) Payables and expense account
D) Payables and revenue account

Solutions: