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1. Which functions are provided by the Reclassify Payables/Receivables closing activity? (Choose two)
A) Credit check and rating of open items
B) Regrouping and sorting of payables and receivables
C) Adjustment postings for changed reconciliation accounts
D) Open item analysis for liquidity forecast
2. Which of the following is mandatory to make G/L accounts ready for posting?
A) A chart of accounts segment and at least one cost element
B) A chart of accounts segment and at least one company code segment
C) A company code segment and at least one cost element
D) A chart of accounts segment and at least one functional area
3. When recording personnel data, you do so in which structures? (Choose all that apply)
A) Enterprise
B) Informational
C) Organizational
D) Personnel
4. Which activity has an impact on the net book value of an asset?
A) Changing the useful life of the asset
B) Changing the assigned WBS element
C) Changing the account determination
D) Changing the assigned cost center
5. What are the benefits of using the accrual engine? (Choose three)
A) The accrual engine is client-independent.
B) The accrual engine supports parallel accounting.
C) The accrual engine can simulate planned future accruals.
D) The accrual engine can correct accruals in the previous month even if that period is closed.
E) The accrual engine calculates the accrual amounts automatically.
Solutions:
| Question # 1 Answer: B,C | Question # 2 Answer: B | Question # 3 Answer: A,C,D | Question # 4 Answer: A | Question # 5 Answer: B,C,E |
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