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| Section | Weight | Objectives |
|---|---|---|
| Asset Accounting | 15–20% | - Periodic asset processing and reporting - Depreciation areas and valuation methods - Acquisition, retirement, transfer, and depreciation - Asset master data and asset classes |
| Financial Accounting Basics | 10–15% | - Document principles and posting control - Integration between FI and other modules - Organizational structures in SAP FI |
| Accounts Payable | 15–20% | - Automatic payment program - Invoice and credit memo processing - Vendor master data - Vendor account clearing and reconciliation |
| Accounts Receivable | 15–20% | - Customer master data - Customer account clearing and reconciliation - Invoice, credit memo, and down payment processing - Dunning procedures and credit management |
| General Ledger Accounting | 20–25% | - Document entry, reversal, and tolerance groups - Chart of accounts and account groups - G/L master data maintenance - Foreign currency valuation and exchange rate differences |
| Financial Closing | 10–15% | - Financial statement version configuration - Accruals, deferrals, and recurring entries - Balance sheet and P&L preparation - Month-end and year-end closing activities |
When clearing an open item that has already been valuated the system reverses the balance sheet correction account
Correct Answer: A 🗳️
You can define your own scenarios
Correct Answer: B 🗳️
A substitution rule consists of two parts: (Choose Two)
Correct Answer: A,B 🗳️
You can carry out any number of variance analyses based on actual and planned data in
Correct Answer: C 🗳️
Field status is not controllable through "transaction specific control"
Correct Answer: B 🗳️
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