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SAP Certified Solution Consultant Financials - Financial Accounting with SAP ERP 2005 Sample Questions:

1. Triggering situation: Expenses/revenue were posted to the current period on receipt/issue of an invoice, but economically they belong, at least partially, in a future period.

A) Accruals
B) Deferrals

2. You have several options for creating G/L accounts. Which of the following statements are correct? (Multi) (Choose Three)

A) You can create a G/L in a controlling area if you specify the chart of accounts and the company code
B) You can create a G/L account in chart of accounts.
C) You can create a G/L account in a company code without using a sample account.
D) You can create a G/L account in a company code using a samples account.
E) You can create a G/L account when settling an order.

3. Triggering situation: Economically, expenses/revenue belong in the current period and are only posted to a subsequent period once an invoice has been received or issued.

A) deferral
B) Accrual

4. Transaction code for changes to asset master records is AS02

A) False
B) True

5. Asset classes (Choose Five)

A) consist of a master data section and a depreciation area section
B) asset classes are created at client level
C) consist of a master data section only
D) are assigned to at least one chart of depreciation
E) for each depreciation area you can propose depreciation attributes for assets
F) you can suppress individual depreciation areas in each asset class
G) asset classes are created at company code level
H) for each depreciation area you can propose depreciation attributes for assets, you can choose that they be specified by the system

Solutions: