SAP FI Questions

Q:

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

A.Six

B.One

C.Three

D.Five

Answer

Answer : A

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Subject: SAP FI

1 3666
Q:

We can use schedule manager in FI-AA to define, schedule,process and control periodically recurring processes.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:
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Subject: SAP FI

0 3644
Q:

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

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:
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Subject: SAP FI

0 3458
Q:

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

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:
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Subject: SAP FI

0 3227
Q:

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

Answer

Answer: D

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Subject: SAP FI

8 3101
Q:

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

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:
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Subject: SAP FI

0 2891
Q:

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

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

Explanation:
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Subject: SAP FI

0 2730
Q:

Which of the statements are true when running the dunning program

A. we can recreate the proposal until the dunning clerk is satisfied with the result

B. after completing the dunning proposal list, dunning data is updated in the master records of respective customer/ vendor

C. we cannot delete the proposal

D. we can edit proposal

Answer

Answer : A , D

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