SAP TERP10 Flashcards

1
Q

SAP ERP Includes the following (2 correct):

a. SAP Customer Relationship Management
b. SAP Supply Chain Management
c. SAP Netweaver
d. SAP ECC Core

A

c. SAP Netweaver

d. SAP ECC Core

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2
Q

The new capabilities included in an enhancement package focus on which of the following areas: (2 correct)

a. Simplification
b. Extendability
c. Functionality
d. Technical Delivery

A

a. Simplification

c. Functionality

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3
Q

What is the highest organizational element in SAP?

a. Plant
b. Client
c. Company Code
d. Sales Organization
e. Purchasing Organization

A

b. client

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4
Q

What is the purpose of the organizational elements in SAP?: (2 correct)

a. they represent a legal entity
b. they represent the appllication server
c. data is entered using organizational elements
d. data is tracked using organizational elements

A

c. data is entered using organizational elements

d. data is tracked using organizational elements

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5
Q

Which of the following describe data and transactions in the SAP system? (2 correct)

a. document is created for every transaction in the system
b. documents are created using master data and organizational elements
c. master data can be deleted at any time
d. master data entered at the client level can only be used by one company code

A

a. document is created for every transaction in the system

b. documents are created using master data and organizational elements

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6
Q

Which of the following are correct regarding the advantages of using Master Data records in an ERP system? (3 correct)

a. consistency
b. reduces data redundancies
c. data conversion is not necessary
d. improves data integrity

A

a. consistency
b. reduces data redundancies
d. improves data integrity

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7
Q

IT practices look at the overall SAP NetWeaver platform in a way that focuses on key business goals rather than on isolated technology components. These include goals familiar to almost any IT organization and include: (3 correct)

a. the need to combine different integration technologies
b. the need for application platforms for development
c. the need to develop composite applications leveraging existing system investments
d. the desire to flexibly build new business processes

A

a. the need to combine different integration technologies
c. the need to develop composite applications leveraging existing system investments
d. the desire to flexibly build new business processes

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8
Q

Rapidly create new enterprise-scale applications that drive your company’s differential advantage describes which IT practice?

a. application governance
b. service oriented architecture design and development
c. custom development
d. consolidation

A

c. custom development

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9
Q

Provides tools to help you model, execute, and monitor business processes based on a single, consistent process model describes which component?

a. SAP NetWeaver Application server
b. SAP NetWeaver process integration
c. SAP NetWeaver business process management
d. SAP Netweaver auto-ID infrastructure

A

c. SAP NetWeaver business process management

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10
Q

Which of the following are external technologies used with NetWeaver? (2 correct)

a. Websphere by IBM
b. Exchange infrastructure by IBM
c. .net by microsoft
d. SAP enterprise portal

A

a. Websphere by IBM

c. .net by microsoft

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11
Q

Which of the following is not an IT practice? (1)

a. user productivity enablement
b. data unification
c. business access manager
d. end to end process integration
e. application governance
f. custom development

A

c. business access manager

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12
Q

Consolidate, rationalize, synchronize, and manage all master data for improved business processes describes?

a. use productivity management
b. data unification
c. information management
d. business event management

A

b. data unification

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13
Q

Increase the visibility, reach and usefulness of structured and unstructured enterprise data describes?

a. use productivity enablement
b. data unification
c. business information management
d. business event management

A

c. business information management

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14
Q

Which of the following is not run on the NetWeaver platform?

a. Enterprise central components
b. supply chain management
c. SAP business one
d. SAP business intelligence

A

c. SAP business one

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15
Q

Which of the following statements are correct for a company code? (2 correct)

a. can belong to more than one controlling area
b. genereal ledger administration is set at the level of the company code
c. the business area is identified via the company code
d. many company codes can belong to the same controlling area

A

b. genereal ledger administration is set at the level of the company code
d. many company codes can belong to the same controlling area

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16
Q

The ______ is the G/L clearing account for Purchasing

A

GR/IR

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17
Q

Each G/L Account has a chart of account and company code segment. (True/False)

A

True

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18
Q

Each G/L Account is defined according to a chart of accounts. (True/False)

A

True

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19
Q

Inside the G/L Account you can view the balance for each vendor. (True/False)

A

False

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20
Q

Which of the following statements are correct for the chart of accounts? (3 correct)

a. can be country specific
b. contains definition of all G/L accounts
c. contains information for account control and management
d. is assigned to a company code
e. is assigned to a profit center

A

a. can be country specific
b. contains definition of all G/L accounts
d. is assigned to a company code

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21
Q

Which of the following statements are correct with regard to the customer master records? (2 correct)

a. Contain reconciliation account information
b. are created using account groups
c. have general, company code, and purchasing organization segments

A

a. Contain reconciliation account information

b. are created using account groups

22
Q

The _____ controls the creation of the company code segment fields for a general ledger account.

A

Account group

23
Q

In the purchasing process, a FI document committing funds is created upon the creation of the purchase order (True/False)

A

False

24
Q

In the procurement cycle, what general ledger account ensures that goods are received for each invoice, and vice versa?

a. goods receipt/invoice receipt account
b. reconciliation account
c. material stock account
d. consumption expense account

A

a. goods receipt/invoice receipt account

25
Q

In the general ledger, what determines the structure of a balance sheet and income statement as far as which accounts map to which line items on the report?

a. general ledger account number sets
b. financial statement version
c. account group
d. cost element group

A

b. financial statement version

26
Q

When will postings made in Financial Accounting update Management Accounting (CO)? (2 correct)

a. the statistical controlling object is entered on the FI posting
b. a business area is entered on the FI posting
c. a functional area is entered on the FI posting
d. a real controlling object is entered on the FI posting
e. If FI account number has a corresponding secondary cost element

A

a. the statistical controlling object is entered on the FI posting
d. a real controlling object is entered on the FI posting

27
Q

Which of the following statements is true regarding company codes?

a. a company code uniquely identifies a business area
b. a client can only have one company code
c. the G/L is managed at company code level
d. the company code can be assigned to multiple controlling areas

A

c. the G/L is managed at company code level

28
Q

Which of the following statements are true regarding the chart of accounts? The chart of accounts…. (2 are correct)

a. contains the definitions of all G/L accounts in an ordered form
b. can be country-specific
c. is only assigned to one company code
d. determines, during the document posting, if an account is credited or debited.

A

a. contains the definitions of all G/L accounts in an ordered form
b. can be country-specific

29
Q

Which component of NetWeaver enables companies to integrate data from across the enterprise and transform it into practical, timely business information to drive sound decision making:

a. Portal infrastructure
b. collaboration
c. business intelligence
d. knowledge management

A

c. business intelligence

30
Q

Which of the following are correct regarding master data records in an ERP system? (3 correct)

a. Master data information is organized into views
b. allows for data redundancies
c. is used long-term in the SAP system
d. eliminates the need for data conversion
e. supports execution of key business processes

A

a. Master data information is organized into views
c. is used long-term in the SAP system
e. supports execution of key business processes

31
Q

What type of cost element do you need to specify use when creating an activity type for use in direct activity allocation?

a. general ledger accounts
b. secondary cost elements
c. primary cost elements
d. overhead elements

A

b. Secondary cost elements

32
Q

Which of the following is true in regards to profit center accounting? (3 correct)

a. deals primarily with the external market
b. is concerned about profitability within functional areas of the company
c. deals with statistical postings
d. can have profit and loss statements as well as balance sheet statements

A

b. is concerned about profitability within functional areas of the company
c. deals with statistical postings
d. can have profit and loss statements as well as balance sheet statements

33
Q

Which controlling component is tasked with assimilating costs that cannot be directly assigned to the goods and services of a company?

a. overhead costs controlling
b. profit center accounting
c. cost element accounting
d. product cost controlling

A

a. overhead costs controlling

34
Q

Which controlling component provides tools for a comprehensive analysis of the value-adding processes in an enterprise?

a. overhead costs controlling
b. profit center accounting
c. cost element accounting
d. profitability analysis
e. product cost accounting

A

e. product cost accounting

35
Q

Which organizational structure is required if you want to use profitability analysis?

a. business area
b. company code
c. controlling area
d. operating concern

A

d. operating concern

36
Q

Which of the following are true about primary cost elements and secondary cost elements? (2 correct)

a. a secondary cost element maintains its identity throughout the controlling process
b. each segment of an assessment cycle is assigned an assessment cost element
c. a secondary cost element may be passed into a primary cost element
d. primary cost elements must have an equivalent structure on the FI side
e. deal primarily with expenses and revenues

A

b. each segment of an assessment cycle is assigned an assessment cost element
d. primary cost elements must have an equivalent structure on the FI side

37
Q

What are some types of internal orders? (2 correct)

a. orders with revenues
b. investment orders
c. financial orders
d. production orders

A

a. orders with revenues

b. investment orders

38
Q

A ________ represent activities or statistics in a cost center, profit center, or order. They are measured in units of time or quantity and can be of two types: fixed or totals.

A

Statistical key figure

39
Q

What items are used in evaluating Profitability segments? (2 correct)

a. value fields (key figures)
b. activities
c. characteristics
d. cost centers

A

b. activities

d. cost centers

40
Q

What are some examples of periodic allocation techniques? (3 correct)

a. assessments
b. indirect reposting
c. distribution
d. indirect activity allocation
e. statistical allocation

A

a. assessments
c. distribution
d. indirect activity allocation

41
Q

Profit centers can be assigned balance sheet items. (true/false)

A

True

42
Q

Which of the following would be considered key figures in profitability analysis? (2 correct)

a. customer
b. cost of goods sold
c. revenue
d. product group

A

b. cost of goods sold

c. revenue

43
Q

Which of the following are true regarding product cost planning? (2 correct)

a. creates cost estimates
b. references prices from the material master
c. helps identify variances in product costs
d. automatically updates our standard price when changes arise

A

a. creates cost estimates

b. references prices from the material master

44
Q

A ______ is a place in a controlling area representing a clearly delimited location where costs occur.

A

cost center

45
Q

When allocations from cost centers are made using an assessment, what type of cost element is used to track the movement from sender to receiver?

a. accrual cost element
b. general ledger account
c. primary cost element
d. secondary cost element

A

d. secondary cost element

46
Q

Which of the following statements regarding internal orders are correct? (3 correct)

a. a settlement rule must be defined for each statistical order
b. an internal order can be real or statistical.
c. an internal order can be used to offset postings of accrued costs to cost centers
d. a commitment is recorded automatically when a purchase requisition is assigned an internal order if commitment management is active
e. planning an internal order using unit costing is the simplest planning method

A

b. an internal order can be real or statistical.
c. an internal order can be used to offset postings of accrued costs to cost centers
d. a commitment is recorded automatically when a purchase requisition is assigned an internal order if commitment management is active

47
Q

Which of the following statements regarding product cost planning are correct? (3 correct)

a. the quantity structure used to create a cost estimate refers to a material’s bill of material and routing
b. cost rollup ensures that the costs of all materials in a multilevel bill of material are included in the cost estimate of the higher-level material
c. the price control indicator, in the material master, controls which price is used to value the inventory of a material
d. marking a standard cost estimate transfers the future price to the current standard price and then revalues the on hand inventory.
e. the cost component split provides detailed information about the country of origin for the material for split valuation

A

a. the quantity structure used to create a cost estimate refers to a material’s bill of material and routing
b. cost rollup ensures that the costs of all materials in a multilevel bill of material are included in the cost estimate of the higher-level material
c. the price control indicator, in the material master, controls which price is used to value the inventory of a material

48
Q

When a billing document is created in sales and distribution an accounting document is created that? (2 correct)

a. debits the customer account
b. debits revenue
c. debits cost of goods sold
d. debits inventory
e. credits the customer account
f. credits revenue
g. credits cost of goods sold
h. credits inventory

A

a. debits the customer account

f. credits revenue

49
Q

During the automatic payment run in financial accounting, which of the following does not occur?

a. it posts payment documents
b. clears open items
c. prints the payment media

A

c. prints the payment media

50
Q

Which component of NetWeaver makes disparate application and systems work together consistently to perform business processes?

a. portal infrastructure
b. collaboration
c. business event management
d. end-to-end process integration

A

d. end-to-end process integration