Podcast
Questions and Answers
Which of the following is a valid combination of vendors and G/L accounts?
Which of the following is a valid combination of vendors and G/L accounts?
- Vendors, customers, and G/L accounts
- Vendors and G/L accounts
- Vendors and customers (correct)
- Customers and G/L accounts
What is the maximum number of dunning levels that can be defined in a dunning procedure?
What is the maximum number of dunning levels that can be defined in a dunning procedure?
- None
- 4
- 6
- 9 (correct)
Which of the following factors determines the appearance of an account master data?
Which of the following factors determines the appearance of an account master data?
- Field status
- Account number
- Chart of account
- None of the above (correct)
What are the components of a SAP business object?
What are the components of a SAP business object?
The retained earnings account is specific to which of the following?
The retained earnings account is specific to which of the following?
Which of the following can you use fast entry screens in SAP FI to enter?
Which of the following can you use fast entry screens in SAP FI to enter?
Which company codes will be included when selecting the option 'all company codes in the client'?
Which company codes will be included when selecting the option 'all company codes in the client'?
What is the default name of the Consolidation Route for a three-system landscape containing QMS, DMS, and PMS systems?
What is the default name of the Consolidation Route for a three-system landscape containing QMS, DMS, and PMS systems?
What is the full form of SSCR?
What is the full form of SSCR?
What is the term used for copying one package name to another package name?
What is the term used for copying one package name to another package name?
Which of the following is not a category under the Automatic Payment program?
Which of the following is not a category under the Automatic Payment program?
What will the system calculate when the baseline date, cash discount periods, and cash discount percentage rate are mentioned in the payment terms?
What will the system calculate when the baseline date, cash discount periods, and cash discount percentage rate are mentioned in the payment terms?
Which component in the SAP system first handles web requests sent by a user via a browser?
Which component in the SAP system first handles web requests sent by a user via a browser?
Which types of accounts can you perform check management on for outgoing payments?
Which types of accounts can you perform check management on for outgoing payments?
What is the purpose of the SAP FICO MCQ quiz?
What is the purpose of the SAP FICO MCQ quiz?
Which of the following is NOT a benefit of practicing the SAP FICO MCQ questions?
Which of the following is NOT a benefit of practicing the SAP FICO MCQ questions?
What is the recommended approach for candidates when attempting the SAP FICO MCQ quiz?
What is the recommended approach for candidates when attempting the SAP FICO MCQ quiz?
Which type of quiz is the SAP FICO MCQ quiz considered to be?
Which type of quiz is the SAP FICO MCQ quiz considered to be?
Flashcards
Valid Vendor/G/L Account Combination?
Valid Vendor/G/L Account Combination?
Vendors and customers.
Max Dunning Levels?
Max Dunning Levels?
A maximum of 9 dunning levels can be defined.
SAP Business Object Components?
SAP Business Object Components?
Attributes and methods
Retained Earnings Account?
Retained Earnings Account?
Specific to the chart of accounts.
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Fast Entry Screens?
Fast Entry Screens?
G/L line items.
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'All Company Codes in the Client'?
'All Company Codes in the Client'?
All company codes in the client.
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Consolidation Route Default?
Consolidation Route Default?
ZDMS
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SSCR?
SSCR?
SAP Software Change Registration
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Package Name Copying?
Package Name Copying?
Relocation.
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Not an Automatic Payment Category?
Not an Automatic Payment Category?
All company codes from different countries.
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Payment Terms Calculation?
Payment Terms Calculation?
Due date of the invoice and cash discount.
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Handles Web Requests First?
Handles Web Requests First?
icm
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Check Management Accounts?
Check Management Accounts?
Vendors, customers, and G/L accounts.
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Purpose of SAP FICO MCQ Quiz?
Purpose of SAP FICO MCQ Quiz?
All of the above
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NOT a Benefit of Practicing SAP FICO MCQ?
NOT a Benefit of Practicing SAP FICO MCQ?
Reducing your understanding of SAP FICO concepts
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Recommended Approach for SAP FICO MCQ Quiz?
Recommended Approach for SAP FICO MCQ Quiz?
Rely on your own knowledge without checking the answers
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Which type of quiz is the SAP FICO MCQ quiz considered to be?
Which type of quiz is the SAP FICO MCQ quiz considered to be?
An online quiz
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Vendors and G/L Accounts
- Vendors and customers are related in SAP
- Account master data appearance is not based on field status, account number, or chart of account
- Maximum dunning levels that can be defined in a dunning procedure are nine
SAP Business Objects
- An SAP business object consists of attributes and methods
Retained Earnings Account
- Retained earnings account is specific to the chart of accounts
Fast Entry Screens in SAP FI
- Fast entry screens in SAP FI can be used to enter G/L line items
Vendor and Customer Master
- One account group can have either an external or internal numbering system
- Various account groups can have the same number range
Fiscal Year
- A fiscal year can be both year-dependent and year-independent
Business Area
- A business area, once defined, is available for use to all company codes in the client
Consolidation Route
- The default name of a consolidation route for a three-system landscape containing QMS, DMS, and PMS systems is ZDMS
SSCR
- SSCR stands for SAP Software Change Registration
Copying Packages
- Copying one package name to another package name is called relocation
Automatic Payment Program
- Payment method per country code, payment method per country, and setup paying company codes are categories under the Automatic Payment program
- All company codes from different countries is not a category under the Automatic Payment program
Payment Terms
- By mentioning the baseline date, cash discount periods, and cash discount percentage rate in payment terms, the system will calculate the due date of the invoice and cash discount
G/L Account
- A G/L account becomes a complete G/L account when it is assigned to a company code
SAP System
- When a user sends a request to an SAP system via a browser, web requests are first handled by ICM
- Check management with relation to outgoing payments is possible for open items for vendors, customers, and G/L accounts
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