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SAP Certified Solution Consultant Financials - Financial Accounting with SAP ERP 2005 Sample Questions:

1. Select the correct answers: (Choose Two)

A) The numeric keys represent depreciation terms that cannot be entered in the asset master record or in the asset classes.
B) The system uses depreciation area 01 to calculate ordinary depreciation. The depreciation is then posted to G/L accounts
C) You have to assign each company code, to exactly one chart of depreciation.

2. To carry out foreign currency valuations in accounts managed on an open item basis, you define account entries for: Valuated exchange rate gains and losses for each reconciliation account in subledger accounts.

A) False
B) True

3. A substitution rule consists of two parts: (Choose Two)

A) None of the above
B) Conditions
C) Substitutions (if the conditions are met)

4. Type of interest calculation. (Choose Two)

A) Interest on arrears.
B) Interest on all due open items.
C) Account Balance interest calculation

5. Account ID can be entered in:

A) Customer Master
B) Vendor Line items
C) GL Master
D) Customer line items
E) Vendor Master

Solutions: