S4F12 - Unit 3 (Managing Business Partners)

Question 1

Define what is a business partner in SAP S/4HANA is

Answer 1

The master record with which you manage customers and vendors

Question 2

Assignment of a business partner category is dynamic and can be changed once the business partner has been created.

True or False?

Answer 2

False.

Assignment of the business partner category is static and cannot be changed once the business partner has been created.

Question 3

Which business partner role is always automatically assigned to a new business partner as it is the starting point for the data on which you build?

Answer 3

General Business Partner

Question 4

Describe the data stored in the general data of the business partner master record.

Answer 4

Application neutral data.

Question 5

List all the segments that a complete and integrated vendor account contains:

Answer 5

> General data at the client level.
Company code segment.
Purchasing organization segment.

Question 6

List all the segments that a complete and integrated customer account contains:

Answer 6

> General data at the client level.
Company code segment
Sales area segment.

Question 7

Each business partner has to be assigned to a grouping when you create the business partner. What does the grouping determine?

Answer 7

The grouping determines the number range (external or internal).

Question 8

Every customer and vendor has an account group. What does the account group control?

Answer 8

> The number ranges of the accounts (customers/vendors)
The status of the fields in the master record
If the account is a one time customer or vendor

Question 9

The following are characteristics of both internal and external number ranges. Separate these into the number assignment they fall under.

> Alphanumeric
System generated
Numeric
Assigned by user who created the record/another system

Answer 9

Internal number ranges:
>Numeric
>Assigned by the system

External number ranges:
>Alphanumeric
>Assigned by user who created the record/another system

Question 10

Is it necessary to create own roles for FI Customers and FI Suppliers in your system? If so, why? If not, why?

Answer 10

SAP recommends that you use the delivered roles for customers and vendors. Own roles would increase the maintenance effort and do not provide any added value.

Question 11

What are the standard roles delivered by SAP for FI Customers and FI Vendors? (choose 1 correct for each from below list)

A. Standard role for FI Customers: FLCU00 - Business Partner FI Customer

B. Standard role for FI Customers: FNCU00 - Business Partner FI Customer

C. Standard role for FI Vendors: FLVN00 - Business Partner FL Vendor

D. Standard role for FI Vendors: FLVN00 - Business Partner FI Vendor

Answer 11

Standard role for FI Customers: FLCU00 - Business Partner FI Customer

Standard role for FI Vendors: FLVN00 - Business Partner FI Vendor

Question 12

Define what is a one-time master record?

Answer 12

> A special customer/vendor master record for customers/vendors whom you rarely do business with.

> The master record contains receivable or payables for one time customers/vendors.

> Does not contain any specific information about a customer or vendor because it is used for more than one customer or vendor.

> You enter the customer/vendor specific data directly in the document during posting

Question 13

On which level does the system store the general data of a business partner (customer or vendor) that can be assessed throughout the whole organization?

Choose the correct answer.

A. Organization level
B. Client level
C. Company code
D. Account level

Answer 13

B. Client level

The client level contains the general data of a business partner (customer or vendor) that can be accessed throughout the whole organization

Question 14

In Financial Accounting, after the customer or vendor account is created, you can no longer change the account group.

Determine whether this statement is true or false.

Answer 14

True.

In Financial Accounting, after the customer or vendor account is created, you can no longer change the account group.

Question 15

A one-time account master record contains information about a specific customer or vendor.

Determine whether this statement is true or false.

Answer 15

False.

A one-time account master record does not contain information about a specific customer or vendor.

Question 16

Customer and vendor accounts cannot use the same number ranges.

Determine whether this statement is true or false.

Answer 16

False.

Customer and vendor accounts can use the same number ranges.

Question 17

The field status entries in individual areas (FI Customer/Vendor Customizing) such as Account Group, Activity or Company Code, compete with each other and the field status with the highest priority is used.

Determine whether this statement is true or false.

Answer 17

True.

The field status entries in individual areas (FI Customer/Vendor Customizing) such as Account Group, Activity or Company Code, compete with each other and the field status with the highest priority is used.

Question 18

When you create a new business partner in the FI-Customer role, the system always uses the account group assigned to the grouping in the customer/vendor integration.

Determine whether this statement is true or false.

Answer 18

False.

If flexible grouping is activated in customer/vendor integration, an account group can be entered manually when creating a business partner in the FI-Customer role.