SAP FI Questions

Maximum number of sessions a user can open when he logs on to SAP

A.Six

B.One

C.Three

D.Five

If you do not want to dun a vendor beyond a particular level

A. use dunning block on the vendor master

B. use dunning block on the dunning procedure

C. use dunning clerk to block dunning

D. use dunning key to limit the maximum level

User can define and use their own transaction types for Assets accounting in  a SAP R/3 system

Aquisition of an asset from the Business partner is an external aquisition.

If you do not want to enter a document with provision for updating the ledger on approval from authorized officials, you use the following functionality

A. sample document

B. recurring document

C. parked document

D. account assignment model

It is possible to post down payment  on an Asset Under Construction

Asset sales posting can be posted to any revenue account, provided the account fields status is set correctly.

special asset class: LVA

A.set up max amount check in dep areas

B.for each type of management you have to set up seperate aseet class

C.for collective management you have to enter a base unit of quantity in asset class

D.can be managed using individual management or collective management