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Easy Crambible Lab: Sap-Fi Sap-Fi

Easy CramBible Lab Single-user License This copy can only be used by yourself for educational purposes. Try to understand the concepts behind the questions instead of cramming the questions.

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0% found this document useful (0 votes)
829 views12 pages

Easy Crambible Lab: Sap-Fi Sap-Fi

Easy CramBible Lab Single-user License This copy can only be used by yourself for educational purposes. Try to understand the concepts behind the questions instead of cramming the questions.

Uploaded by

venkatmba_dsi126
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Easy CramBible Lab  
 

 
   
 
 
 
 
 
 
 
  SAP-FI
   
   
 
  SAP-FI
 

** Single-user License **

This copy can be only used by yourself for educational purposes。

Web: http://www.crambible.com/

E-mail: [email protected]
                                                                                                                                        SAP‐FI 
 
Important Note
Please Read Carefully 
 
Study Tips
This product will provide you questions and answers along with carefully compiled and written 
by  our  experts.  Try  to  understand  the  concepts  behind  the  questions  instead  of  cramming  the 
questions. 
 
Go through the entire document at least twice so that you make sure that you are not missing 
anything. 
 
Latest Version
We  are  constantly  reviewing  our  products.  New  material  is  added  and  old  material  is  revised. 
Free updates are available for 90 days after the purchase. You should check your member zone 
at CramBible an update 3‐4 days before the scheduled exam date. 
 
Here is the procedure to get the latest version: 
 
1. Go to www.CramBible.com 
2. Click on Member zone/Log in 
3. The latest versions of all purchased products are download from here. Just click the links. 
 
For most updates, it is enough just to print the new questions at the end of the new version, not 
the whole document. 
 
Feedback
Feedback on specific questions should be send to [email protected]. You should state: Exam 
number and version, question number, and login ID. 
 
Our experts will answer your mail promptly. 
 
Copyright 
Each pdf file contains a unique serial number associated with your particular name and contact 
information for security purposes. So if we find out that a particular pdf file is being distributed 
by  you,  CramBible  reserves  the  right  to  take  legal  action  against  you  according  to  the 
International Copyright Laws. 
 
 
 

(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 


 
                                                                                                                                        SAP‐FI 
 
 
QUESTION NO: 1
Which of the following statements are correct?

A. More than one chart of accounts can be created for each client
B. The chart of accounts contains all the G/L accounts, vendor accounts and customer accounts
C. More than one company code can be allocated to the same chart of accounts
D. The chart of accounts controls all the customising settings in the R/3 system
E . All accounts within a chart of accounts must have the same tax code
Answer: A

QUESTION NO: 2
What status reports does Cash Management and forecasting include?

A. Cash management position


B. Liquidity forecast
C. Credit limit report
D. G/L account balances
E. Bill holdings

Answer: A,B,D

QUESTION NO: 3
Which of the following are clearing procedures in accounts receivable?

A. Incoming payment
B. Down payment request
C. Credit memo
D. Transfer posting

Answer: A,C,D

(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 


 
                                                                                                                                        SAP‐FI 
 
QUESTION NO: 4
When creating an Overhead Cost Order, the first order information which must be entered is:
A. Order status
B. Order type
C. Settlement type
D. Curreny
E. Classification code
Answer: C

QUESTION NO: 5 When creating an Overhead Cost Order, the settlement rule must be entered
in the control data. Which settlement receivers are available for internal orders?

A. Cost center
B. Orders
C. General ledger accounts
D. Asset
E. Vendor

Answer: A,B,C,D

QUESTION NO: 6 In Controlling, a distinction is made between master data, planning, actual
data and the information system. Which of the following master data belongs to Controlling?

A. G/L account
B. Work center
C. Cost center
D. Activity type
E. Supplier

Answer: C,D

QUESTION NO: 7

Withing Overhead Cost Controlling activities are calculated. A Sender/Receiver relationship


exists. However, not all Sender/Receiver combinations are allowed. Which of the following
combinations make business sense?

(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 


 
                                                                                                                                        SAP‐FI 
 
A. Sender. Cost Center, Order, Project Receiver. Cost Center, Order, Project
B. Sender. Order Receiver. Cost Center, Project
C. Sender. Cost Center Receiver. Cost Center, Order, Project, Cost Object

Answer: C

QUESTION NO: 8 Period closing activities are also performed in Controlling. This is dependent
on certain prerequisites. Which of the following are MINIMUM criteria before it makes sense to
carry out period closing?

A. The posting period has been closed.


B. Materials have been withdrawn.
C. Personnel costs have been incurred.
D. Overhead has been incurred.
E. An order was closed.

Answer: C

QUESTION NO: 9 A chart of accounts

A. can be allocated to multiple company code


B. can be defined as the group chart of accounts
C. only contains definitions for G/L accounts
D. can only allocated to one company code.

Answer: A

QUESTION NO: 10
A client. ( Single Choice)
A. may only contain a single chart of accounts
B. may contain multiple charts of accounts
C. may only use one currency type
D. may only have one controlling area

(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 


 
                                                                                                                                        SAP‐FI 
 

Answer: B

QUESTION NO: 11 Identify the correct statement(s) relating to how the main business
processes are integrated in the SAP R/3 System. ( Multi Choice)

A. A purchase requisition is a documented request to purchase goods or services. In SAP it can be


created manually or automatically.
B. A goods receipt is the recording of the movement of materials into the warehouse. In SAP, a
financial document which updates the inventory account and an accrued liability account is
created
C. The Invoice receipt and verification process compares the vendor invoice with the purchase
order and goods receipt. However, the corresponding financial transaction must be entered
through the financial module of R/3.
D. In SAP, payment processing reduces the liability to a vendor and a company¡¯s cash balance,
records discounts taken and disburses payment.
E. A customer delivery is the transfer of the ownership of goods. A customer delivery includes,
creation of a delivery document, picking the goods for shipment; physically transferring the
goods to the customer and financially recording the goods issue.

Answer: A, B, D

QUESTION NO: 12 Identify the correct statement(s) regarding organizational elements within
the R/3 System. ( Multi Choice)

A. The Sales area combines the sales organization, distribution channel, and division.
B. The Purchasing Organization is responsible for the purchasing for the only one plant.
C. A plant is a location in which inventory quantities and values are stored or manufactured.
D. A Controlling area can comprise several company codes using different chart of accounts but
must operate in the same currency.
E. A profit center is used to generate income statements and operating profit statements.

Answer: A, C, D, E

QUESTION NO: 13
Identify the correct statements. ( Multi Choice)

(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 


 
                                                                                                                                        SAP‐FI 
 
A. All areas of an organization that are to be integrated into the R/3 Production system should be
included under one client.
B. The term ¡°client dependent¡± refers to tables or data that relate only to the client which was
accessed during the log on process.
C. Due to the integrated nature of SAP, there are certain core organization element that cut across
the modules. Client and company code are two of these core elements.
D. To determine the number of clients required, the focus is placed on data access and sharing
strategies.

Answer: A, B

QUESTION NO: 14
Which of the following statements is true ? ( Single Choice)

A. A Company code can belong to more than one controlling area.


B. A plant must be allocated to a company code
C. A controlling area and a company code must have the same local currency.
D. A business area and a company code are assigned to each other in the corporate structure IMG

Answer: B

QUESTION NO: 15
Identify the correct statements relating to the Implementation Guide( Multi Choice)

A. When creating a project in the IMG, the application areas and countries are selected from the
Enterprise IMG
B. The number of implementation activities can be reduced by creating Project IMG views, such
as a view for ¡°mandatory activities¡±
C. The Project IMG must include all customizing activities for all R/3 applications.

D. The SAP Reference IMG is generated for the application modules to be implemented in a
company and for the different countries
E. Customizing transactions can be accessed from the SAP Reference IMG, Project IMG and the
Project views.

(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 


 
                                                                                                                                        SAP‐FI 
 
Answer: Pending. Please put your suggestions to [email protected]

QUESTION NO: 16
What characteristics do roles have in the Workplace? ( Multi Choice)

A. Roles describe business processes in a company


B. Roles contain a collection of activities that a user who is assigned to this role can execute
C. Roles represent a range of executable functions in a company that users can assign themselves
to
D. The authorizations required to execute the assigned functions are automatically linked to roles
E. Roles contain MiniApps

Answer: Pending. Please put your suggestions to [email protected]

QUESTION NO: 17
What content elements of the mySAP.com Workplace are provided? (Multy)

A. The Workplace contains role-based navigation options for R/3 transactions, reports, and other
links to various systems.
B. The Workplace is a completely personalizable working environment.
C. The Workplace contains role-specific information and role- based access to the Marketplace.
D. The Workplace is used exclusively as a LaunchPad for Employee Self Service with
information for employees.
E. The Workplace contains personal Favorites.

Answer: Pending. Please put your suggestions to [email protected]

QUESTION NO: 18
What are MiniApps?(Multy)
A. MiniApps are small applications that are started automatically when the Workplace is called.
B. Miniapps are small applications that can be called from the Workplace.
C. MiniApps are small applications that communicate continuously with the implemented SAP
products
D. MiniApps are Java Applets that are loaded from the Workplace to the user client.
E. MiniApps are role-specific applications that can contain more activity options.

Answer: Pending. Please put your suggestions to [email protected]


(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 
 
                                                                                                                                        SAP‐FI 
 
QUESTION NO: 19 About evolution in the world of business, we can affirmate that (Please
choose the correct sentence):

A. The internet revolution could turn available to companies the use of ERP functionality.
B. The next generation of “new dimension” products appeared taking functionality out of the
company, to bring value through extending the Internet Revolution.
C. The internet has driven to a collaborative environment where value is created through
collaboration within business comunities.
D. In the first the companies were looking at Cost reduction and efficiency through integration of
business comunities.

Answer: C

QUESTION NO: 20 About the definition of ERP and e-business functionalities, we can say that
(Note: we can have more than one correct sentence. Please select the sentences you think they are
correct):

A. ERP offers enterprise centric functionality (general ledger, payroll, order entry) to integrate
core, internal processes.
B. ERP is mySAP Financials and mySAP HR.
C. ERP is SAP R/3, while e-business is mySAP.com.
D. About Business Model, ERP can be considered as enterprise centric and e-business, as
extended and collaborative.
E. About Architecture, ERP can be considered as an integrated system and e-business, as an
integrated system and an open integration platform.

F. About Processes, ERP can have them integrated, core within enterprises and collaborative,
beyond company boundaries.

Answers: A, C, D, E.

QUESTION NO: 21
What is a SAP Business Object (Please choose the correct sentence)?

A. It is all the transaction data generated via transactions.


B. It is the instancied class of the Class Builder.
C. It is composed of tables that are related in a business context, including the related appplication
(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 
 
                                                                                                                                        SAP‐FI 
 
programs and it is maintained in the Class Repository.
D. It is the representation of a central business object in the real world, such as an employee, sales
order, purchase requisition, invoice and so on.
E. It is a sequence of dialog steps that are consistent in a business context and that belong together
logically.

Answers: D

QUESTION NO: 22 About BAPI (Business Application Programming Interface), what is true
(Note: we can have more than one correct sentence. Please select the sentences you think they are
correct)?

A. It is a well-defined interface providing access to processes and data of business application


systems.
B. BAPIs offer a stable, standardized interface for integrating third-party applications and
components in the Business Framework.
C. A BAPI is assigned to one and only one business object.
D. In the R/3 Enterprise version (4.7) we can use BAPI to create an internal order inside a
customized ABAP program.
E. A business object in the Business Object Repository (BOR) can have many methods from
which one or several are implemented as BAPIs.

Answers: A, B, C, D, E

QUESTION NO: 23

What can we say about ALE (Application Link Enabling, Note: we can have more than one
correct sentence. Please select the sentences you think they are correct)?

A. Business processes cannot be distributed using ALE.


B. The ALE concept is related to an enterprise structure with areas that have central tasks and
areas with tasks that are decentralized.
C. The applications are integrated via a central database.
D. The applications are integrated via the message exchange.
E. The ALE concept supports the implementation and operation of distributed SAP applications.

Answers: B, D, E
(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 
 
                                                                                                                                        SAP‐FI 
 
QUESTION NO: 24
A company code is:

A. an independent accounting entity (the smallest organization element for which a complete
self-contained set of accounts can be drawn up).
B. an organizational unit in an enterprise that represents a closed system used for cost accounting
purposes.
C. an organizational unit that provides an additional evaluation level for the purpose of segment
reporting, for example.
D. a dependent accounting entity, according to Fiscal Year.
E. the highest level in the R/3 system hierarchy.

Answers: A

QUESTION NO: 25
Consider the following sentences:

A. 7.1. The variant principle is a three-step method used in R/3 to assign special properties to one
or more R/3 objects.
B. 7.2. One of the disadvantages to use variants is that it can't deal with the maintenance of
properties, which are common among several business objects.
C. 7.3. For using the variant principle, you must define the variant, populate it with values and
assign it to the R/3 objects.
D. 7.4. This principle is used for Fiscal Years, Posting Periods and so on. Which
of them is false?

A. 7.1 and 7.2.


B. 7.1 and 7.3.
C. 7.1.
D. 7.2.
E. 7.3.

Answers: D
In fact, the main advantage of using variants is that it is easier to maintain properties,
which are common among several business objects.

QUESTION NO: 26
(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 
 
                                                                                                                                        SAP‐FI 
 
Consider the following sentences:

A. 8.1. A fiscal year has to be defined by means of separating business transactions into
different periods.
B. 8.2. Special periods are used for postings, which are related to the process of the yearend
closing. In total, 16 special periods can be used.
C. 8.3. The Fiscal Year variant only defines the amount of periods and their start and finish
dates.
D. 8.4. The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.
Which of them are true?
A. 8.1 and 8.2.
B. 8.1 and 8.3.
C. 8.2 and 8.3.
D. 8.2 and 8.4.
E. 8.3 and 8.4.

Answers: B

(C) Copyright 1998 Easy CramBible Lab, All Rights Reserved. 


 

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