Which statement supports the term "open item management"
A. Items in accounts with open item management can only be indicated as open and not cleared
B.
... [Show More] Accounts with open item management must have line item display activated
C. Once open item management has been activated it cannot be cancelled
D. Open item management should be activated for bank accounts
Which statement supports the term "open item management"
B. Accounts with open item management must have line item display activated
Which of the following statements support the definition of account group
A. Determines in which number range the GL accounts number must reside
B. Number intervals for GL accounts master record must be the same as used for accounts receivable and accounts payable
C. When creating a new GL account, the account group is an optional entry
D. The account group controls the appearance of the Chart of Accounts segment and Company code segment of a GL account
Which of the following statements support the definition of account group
A. Determines in which number range the GL accounts number must reside
What is the maximum number of line items FI document can have
A. Two
B. 999
C. 1
D. 100
What is the maximum number of line items FI document can have
B. 999
A period of a document is defaulted from
A. Document Date
B. Document entry
C. Posting Date
D. Base line Date
A period of a document is defaulted by
C. Posting Date
What is the maximum number of special periods a company can have?
A. Max 12
B. Max 4
C. Max 16
What is the maximum number of special periods a company can have?
B. Max 4
Document type be assigned to
A. Company code
B. Client
C. Plant
Document type be assigned to
A. Company code
Cross company code documents generates
A. more than one accounting document
B. More than two accounting document
C. Two accounting documents
D. None of the statements is correct
Cross company code documents generates
C. two accounting documents
Which type of currency will R/3 always track when posting a document
A. Local currency
B. Group currency
C. Transaction currency
D. Local and transaction currncy
Which type of currency will R/3 always track when posting a document?
D. Local and transaction currency
Which statement supports that a non-open item account can be changed to open item
A. It can be done if and only if
B. The account should have a zero balance
C. It can be done only if the account is line item managed
D. It cannot be done
Which statement supports that a non-open item account can be changed to open item
B. the account should have a zero balance
Can a non-Line item account be changed to line item
A. It can be done only if the account is open item managed
B. The account should have a zero balance
C. It can be done even though account has balance
D. It cannot be done
Can a non-Line item account be changed to line item
C. it can be done even though account has balance
Chart of accounts is at which level
A. Company code
B. Client level
C. Controlling area level
D. operating concern level
Chart of accounts is at which level
B. Client level
Account can be created at which level
A. company code level
B. Chart of accounts level
C. At both the levels above stated
C. Client level
Account can be created at which level
C. at both the levels stated above (company code and chart of accounts)
Can a split rule be created?
A. It cannot be created
B. It can be created
Can a split rule be created?
B. It can be created
We can re-print cheque without cancelling the original chequ number T/F
We can re-print cheque without cancelling the original chequ number F
We can calculate interest on bank GL account line item wise T/F
We can calculate interest on bank GL account line item wise F
We can assign one lockbox to more than one house bank T/F
We can assign one lockbox to more than one house bank F
In bank reconciliation we can assign more than one posting rule to a business transaction T/F
In bank reconciliation we can assign more than one posting rule to a business transaction F
In bank reconciliation, for business transaction with + sign and with - sign we can assign different posting rules T/F
In bank reconciliation, for business transaction with + sign and with - sign we can assign different posting rules T
In bank reconciliation, we can post to different bank sub account with help of account modification T/F
In bank reconciliation, we can post to different bank sub account with help of account modification T
In bank reconciliation, posting rule controls document type for posting reconciliation entry T/F
In bank reconciliation, posting rule controls document type for posting reconciliation entry T
In bank reconciliation, we can clear bank sub account by making necessary setting in posting rule T/F
In bank reconciliation, we can clear bank sub account by making necessary setting in posting rule T
We can post cross-company transactions with cash journal T/F
We can post cross-company transactions with cash journal F
We can post expense& revenue by giving general ledger number in cash journal T/F
We can post expense& revenue by giving general ledger number in cash journal F
Bank Chain are made to make payment from one bank T/F
Bank Chain are made to make payment from one bank F
The parameters does not specify the accounts and document which are to be considered in the payment T/F
The parameters does not specify the accounts and document which are to be considered in the payment F
The payment program needs the Next Posting date to determine if an open item has to be paid now or during the next payment run T/F
The payment program needs the Next Posting date to determine if an open item has to be paid now or during the next payment run T
The sequence in which the payment methods are entered in the Payment Parameter reflects their priority T/F
The sequence in which the payment methods are entered in the Payment Parameter reflects their priority T
All the company codes in the payment run parameteres must be in the same country T/F
All the company codes in the payment run parameteres must be in the same country T
Which of the following are the steps for Payment program
A. Maintaining parameteres
B. Proposal Run
C. Payment run
D. Printing Payment media
Which of the following are the steps for payment program?
D. Printing Payment Media
If invoice documents entered today and having due date tomorrow. How to pick up this invoices in today's payment run
A. Putting current date in "documents entered up to field" in the payment parameter
B. Putting current date in base line date
C. Entering the posting date
If invoice documents entered today and having due date tomorrow. How to pick up this invoices in today's payment run
A. Putting current date in "documents entered up to field" in the payment parameter
What is the segment that makes complete both customer and vendor account?
A. client
B. company code
C. controlling area
D. Sales area
What is the segment that makes complete both customer and vendor account?
B. company code
Can we have more than one consolidation unit hierarchy within dimensions?
A. Yes
B. No
Can we have more than one consolidation unit hierarchy within dimensions?
A. Yes
Can more than 1 Co Cd be assigned to company
A. Yes
B. No
Can more than 1 co cd be assigned to company
A. yes
Can cost elements be assigned to FS item
A. yes
B. no
Can cost elements be assigned to FS item
A. yes
Data collection method supported for profit center based consolidation
A. Realtime update
B. Rollup
Data collection method supported for profit center based consolidation
B. rollup
Consolidation unit can be assigned to
A. only one hierarchy
B. Multiple heirarchey
Consolidation unit can be assigned to
B. Multiple heirarchey
Currency translation
A. all FS items of the cons unit can be converted only at "single currency translation rate"
B. Different FS items of the cons unit can be converted using "different currency translation rate"
Currency translation
B. different FS items of the cons unit can be converted using "different currency translation rate"
Balance Carryforward
A. statistical items can be carried forward
B. Statistical items cannot be carried forward
Balance Carryforward
A. statistical items can be carried forward
Inter-unit eliminations can be
A. Both automatic & manual
B. Either Automatic & manual
Inter-unit eliminations can be
A. Both automatic & manual
Inter-unit eliminations can be
A. in local currency
B. in Group currency
Inter-unit Eliminations can be
B. In Group currency
Excise Duty is a
A. direct tax
B. indirect tax
C. both options are wrong
D. both options are true
Excise Duty is a
B. indirect tax
Excise Duty is a
A. Central Levy
B. state Levy
C. Municipal Levy
D. All options are wrong
Excise Duty is a
A. Central Levy [Show Less]