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| Section | Objectives |
|---|---|
| Topic 1: Accounts Payable | - Invoice processing
|
| Topic 2: Asset Accounting | - Asset transactions
|
| Topic 3: Accounts Receivable | - Receivables processing
|
| Topic 4: Closing Operations | - Period-end closing
|
| Topic 5: General Ledger Accounting | - Master data configuration
|
1. Paying company code is not responsible for processing outgoing payments
A) true
B) false
2. In the application component ?Manual Accruals?, you create the basic data manually via a simple user interface.
A) False
B) True
3. You can define any number of financial statement versions per chart of accounts
A) true
B) false
4. Each Financial Statement version must have the following special items. (Choose Six)
A) Assets.
B) Loss.
C) Account not assigned.
D) Profit and Loss result.
E) Liabilities.
F) Profit.
G) Individual line item.
5. The screen layout determines which fields in the asset master records can be processed or whether these fields are to be defined as required fields or if the fields are not displayed at all.
A) False
B) True
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A,B,C,D,E,F | Question # 5 Answer: B |
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