QUESTION 1 The CO module (Managerial Accounting) is designed for the preparation and analysis of reports for use by external users True False

QUESTION 2 Which of the following are components of the CO Module? (4 correct answers) 1. Accounts Receivable 2. General Ledger 3. Profit Center Acct 4. Fixed Assets 5. Cost Center Acct 6. Internal Orders 7. Profitability Analysis

QUESTION 3 Select the true statements concerning the Credit Control Area (2 correct answers) 1. A Credit Control Area is part of master data 2. A Company Code is assigned to one and only one Credit Control Area 3. Multiple Company Codes can use a single Credit Control Area 4. A Credit Control Area is designed for a bank 5. A Credit Control Area can be assigned directly to a Company

QUESTION 4 A Company Code represents a legal organizational entity. True False

QUESTION 5 Select the organizational structure that is the lowest valuation area 1. Company Code 2. Plant 3. Client 4. Storage Locations

QUESTION 6 Storage Location is a subdivision of a Plant True False

QUESTION 7 A Purchasing Organization can be assigned to only one Plant. True False

QUESTION 8 Field Status Variants are assigned to each company code True False

QUESTION 9 Which of the following account groups is NOT part of the SAP configuration we have performed? 1. Income Statement Accounts 2. Reconciliation Accounts 3. Inventory Accounts 4. Balance Sheet Accounts

QUESTION 10 There is no difference between a tax account and a tax relevant account. True False

QUESTION 11 When posting to a subledger account, you must also post to the corresponding reconciliation account True False

QUESTION 12 When running MRP, the calculated quantity of material needed is based on all but .... (two correct answers) 1. Inventory 2. Bank Account Balance 3. Sales Orders 4. Manpower 5. Purchase Orders 6. Material Reservations

QUESTION 13 By initializing the company code for material management, FI and Logistics integration is activated True False

QUESTION 14 Which is not an organizational level for the material master data? 1. Storage Location 2. Client 3. Plant 4. Account Group

QUESTION 15 Select the appropriate material types from SAP with their name ROH HAWA FERT HIBE 1. Raw Materials 2. Trading Goods 3. Finished Products 4. Operating Supplies

QUESTION 16 The Vendor master data includes the reconciliation account in the Accounting Information (Company Code) view True False