SAP S/4HANA Logistics and Financials Quiz
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Questions and Answers

Which of the following are examples of master data? (Select all that apply)

  • Vendor (correct)
  • Plant
  • Customer (correct)
  • Sales Area

    • Which of the following is NOT an organizational level for financials?

  • Company Code
  • Controlling Area
  • Sales Area (correct)
  • Operating Concern

    • All logistics modules in SAP S/4HANA include all the following organizational levels EXCEPT:

  • Controlling Area (correct)
  • Company Code
  • Client
  • Storage Location
  • Plant

    • All transactions require which of the following elements? (Select all that apply)

    <p>Organizational data (B), G/L Account information (D)</p> Signup and view all the answers

    Which of the following is NOT a master data element used in controlling?

    <p>Internal order (D)</p> Signup and view all the answers

    Which of the following statements describes a key characteristic of management accounting?

    <p>Management accounting provides information for controlling and decision-making within the organization. (C)</p> Signup and view all the answers

    Sales organizations are responsible for which of the following? (Select all that apply)

    <p>Distributing goods and services (A), Negotiating sales conditions (B), Cross-company code sales (C)</p> Signup and view all the answers

    At which organizational level is controlling master data typically created?

    <p>Controlling area (C)</p> Signup and view all the answers

    A sales area is a unique combination of which of the following? (Select all that apply)

    <p>Distribution channel (A), Sales organization (B), Division (C)</p> Signup and view all the answers

    Which of the following represent the business partner roles for a vendor? (Select all that apply)

    <p>Supplier (B), FI Vendor (D)</p> Signup and view all the answers

    Which of the following statements correctly describes Secondary cost elements?

    <p>They are used in controlling to allocate costs to multiple cost objects. (A), They are derived from primary cost elements and cannot be directly entered in the system. (D)</p> Signup and view all the answers

    Which of the following are the key processes in financial accounting? (Select all that apply)

    <p>General ledger accounting (A), Asset accounting (D)</p> Signup and view all the answers

    Which of the following cost allocation methods utilizes a secondary cost element to distribute costs?

    <p>Distribution (B)</p> Signup and view all the answers

    Which of the following transactions represents a touchpoint for the integration between procurement and financial accounting?

    <p>Invoice posting (C), Goods receipt posting for consumables (D)</p> Signup and view all the answers

    Which of the following is a touchpoint for the integration between procurement and accounts payable?

    <p>Invoice posting (A), Goods receipt posting (C)</p> Signup and view all the answers

    Which of the following financial accounting impacts is NOT directly associated with a payment transaction?

    <p>Credit to the inventory account (C)</p> Signup and view all the answers

    Which of the following are valid for the entire sales order document?

    <p>Sales organization (B), Sold-to party (D)</p> Signup and view all the answers

    Which of the following is not one of the impacts of posting goods issue?

    <p>Customer’s account is debited by the value of the outbound delivery (D)</p> Signup and view all the answers

    Which of the following is a touchpoint for the integration between sales and distribution and warehouse management?

    <p>Picking (C)</p> Signup and view all the answers

    Which of the following are organizational data in the production planning business process?

    <p>Cost center (A), Plant (B)</p> Signup and view all the answers

    Which of the following is master data in the production planning business process?

    <p>Standard values (A), Production versions (B), Activity types (C)</p> Signup and view all the answers

    Which of the following describes the production of a material?

    <p>Material BOM (A), Routing (B)</p> Signup and view all the answers

    Which of the following data assignments are correct in production?

    <p>Activity type is assigned to a work center (B), Component is assigned to a routing operation (C), Work center is assigned to a cost center (D)</p> Signup and view all the answers

    Which of the following steps of manufacturing control and execution can be automated in Customizing?

    <p>Dispatching (A), Material requirement planning (MRP) (C), Production order scheduling (D)</p> Signup and view all the answers

    Which document(s) are generated when posting an invoice for a consumable item?

    <p>Accounting document (C), Material document (D)</p> Signup and view all the answers

    Which documents are compared during the invoice verification (three-way match) process?

    <p>Material Ledger document (B), Purchase order (D), Material document for goods receipt (E)</p> Signup and view all the answers

    Which of the following are considered master data in sales and distribution?

    <p>Customer master records (B), Conditions (C)</p> Signup and view all the answers

    Identify the organizational data in sales and distribution.

    <p>Shipping points (D), Warehouse numbers (A), Distribution channels (B)</p> Signup and view all the answers

    What is the correct hierarchical structure of an organization in sales and distribution, from top to bottom?

    <p>Company code → sales organization → plant → shipping point (B)</p> Signup and view all the answers

    Which sequence of tasks in sales and distribution is correct?

    <p>Create a sales order → availability check → outbound delivery → goods issue → billing (C), Create a sales order → outbound delivery → picking → goods issue → billing (D)</p> Signup and view all the answers

    Which organizational unit is responsible for distributing goods and services, negotiating sales conditions, and managing product liability and rights of recourse?

    <p>Sales organization (D)</p> Signup and view all the answers

    Which of the following can be assigned to a sales organization?

    <p>Distribution channel (B), Plant (D), Shipping point (E)</p> Signup and view all the answers

    Which three options can be linked to a production order in purchasing?

    <p>MRP (A), Order release with a nonstock item as a component (B), Material withdrawal for reserved components (C)</p> Signup and view all the answers

    Which two points serve as integration between production and warehouse management?

    <p>Goods receipt (A), Material staging (B)</p> Signup and view all the answers

    Which two manufacturing execution steps generate a financial accounting document?

    <p>Settlement (C), Goods issue posting (D)</p> Signup and view all the answers

    Which three types of data are classified in an ERP system?

    <p>Master data (A), Organizational data (C), Transactional data (D)</p> Signup and view all the answers

    Which data type in an ERP system typically remains unchanged?

    <p>Organizational data (A), Master data (B)</p> Signup and view all the answers

    Which three statements about configuration are true?

    <p>Testing the system (A), Defining the business rules (C), Getting the system ready to execute processes (D)</p> Signup and view all the answers

    Which three statements accurately describe customizing?

    <p>Setting up the enterprise structure (A), Used to create or extend capabilities not available in the system (B), Requires ABAP knowledge (D)</p> Signup and view all the answers

    Is it true that knowledge of configuration helps in troubleshooting and understanding business process execution?

    <p>True (D)</p> Signup and view all the answers

    Study Notes

    Master Data Examples

    • Vendor
    • Plant
    • Customer
    • Sales Area

    Non-organizational Financial Levels

    • Operating Concern is not an organizational level for financials

    SAP S/4HANA Logistics Modules

    • Storage Location is not included in all logistics modules

    Transaction Elements

    • G/L account information
    • Master data
    • User identification

    Sales Organization Responsibilities

    • Distributing goods and services
    • Negotiating sales conditions
    • Product liability and rights of recourse

    Sales Area Components

    • Sales organization
    • Plant
    • Distribution channel

    Vendor Business Partner Roles

    • General role
    • FI Vendor
    • Supplier
    • Overall Role

    Key Financial Accounting Processes

    • Profit center accounting

    Supplier Data Recipient

    • Accounts payable receives data from individual supplier accounts

    Financial Accounting Characteristics

    • Internally focused
    • Subject to country laws/regulations

    Non-organizational Financial Data

    • Cost center
    • Business area
    • Segment

    Organizational Controlling Data

    • Operating concern
    • Work center
    • Cost center
    • Controlling area

    Non-Controlling Master Data

    • Profitability segment
    • Activity type
    • Statistical key figure
    • Internal order

    Management Accounting Characteristics

    • Internally focused
    • Determined by laws and regulations
    • Provides controlling objects for different views of costs and revenues

    Controlling Master Data Level

    • Controlling area
    • Company code
    • Standard hierarchy
    • Operating concern

    Secondary Cost Elements

    • Used for internal cost allocation
    • Cannot be posted directly to general ledger
    • Not created in general ledger accounting

    Cost Allocation Method

    • Allocates primary and secondary costs using a secondary cost element

    Procurement and Financial Accounting Integration

    • Goods receipt for consignment
    • Goods receipt for consumables
    • Purchase order creation
    • Invoice posting

    Procurement and Accounts Payable Integration

    • Invoice posting
    • Goods receipt posting
    • Quotation
    • Creating a scheduling agreement

    Payment Financial Accounting Impact

    • Debit to vendor account
    • Credit to bank account
    • Debit to accounts payable reconciliation account
    • Credit to inventory account

    Purchase Requisition Conversion

    • Quotation
    • RFQ
    • Outline agreement
    • Goods receipt

    Purchase Order Reference

    • Purchase requisition
    • Quotation
    • Project
    • Internal order

    Stock Value Update (Consumables)

    • None of the above (None of the listed options updates stock values)

    Invoice Posting Documents

    • Material document
    • Material Ledger document
    • Controlling document
    • Accounting document

    Invoice Verification Documents

    • Material Ledger document
    • Material document for goods receipt

    Sales and Distribution Master Data

    • Sales documents
    • Conditions
    • Vendor master records
    • Customer master records

    Sales and Distribution Organizational Data

    • Distribution channels
    • Distribution centers
    • Divisions
    • Shipping points
    • Warehouses

    Sales Organizational Hierarchy

    • Company code → sales organization → plant → shipping point
    • Sales organization → client → plant → storage location
    • Company code → plant → storage location → division
    • Client → company code → plant → distribution channel

    Sales and Distribution Task Sequence

    • Create a sales order → outbound delivery → picking → goods issue → billing (other options may not be correct)

    Responsible Organizational Units

    • Sales area
    • Distribution channel
    • Sales organization
    • Sales management

    Sales Organization Assignments

    • Plant
    • Shipping point
    • Storage location
    • Division
    • Distribution channel

    Sales Order Partner Functions

    • Contact person
    • Sold-to party
    • Ship-to party
    • Payer
    • Employee responsible

    Sales and Distribution Outputs

    • Sales documents
    • Invoices
    • Delivery notes
    • Transfer orders

    Sales Order Document Data Validity

    • (no specific data provided, likely multiple answers)

    Goods Issue Posting Impacts

    • Creates an accounting document to update COGS and stock accounts
    • Debits customer account by the value of the outbound delivery
    • Reduces stock quantity by the quantity of the outbound delivery
    • Updates billing due list

    Sales and Distribution/Warehouse Integration Touchpoints

    • Order creation
    • Material staging
    • Goods receipt
    • Settlement

    Manufacturing Execution Financial Accounting Documents

    • Settlement
    • Confirmation
    • Goods issue posting
    • WIP calculation

    ERP Data Types

    • Transaction data
    • Employment data
    • Organizational data
    • Transition data
    • Master data

    ERP Data Stability

    • Organizational data
    • Transaction data
    • Master data
    • Enterprise structure

    Configuration Truth

    • (no specific configuration listed likely multiple answers)

    Customizing Statements

    • Requires ABAP knowledge
    • Used to create or extend capabilities
    • Making changes to the software's underlying source code

    Configuration Necessity Reasons

    • Knowledge of configuration demystifies the software
    • Configuration knowledge is helpful in troubleshooting
    • Configuration provides a better understanding of how business processes are executed

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    Description

    Test your knowledge on various aspects of SAP S/4HANA, focusing on logistics modules, vendor roles, and key financial processes. This quiz covers organizational structures and important concepts related to financial accounting and sales organizations. Understand how master data interacts within the SAP environment.

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