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SAP Certified Application Associate - Financials with SAP Business All-in-One Solution Sample Questions:

1. What advantages do CO cost object hierarchies provide? (Choose two)

A) They enable extensive reporting for various management levels
B) They facilitate assignments for internal cost allocations
C) They allow posting for corporate costs at a summarized level of the hierarchy
D) They simplify CO master data maintenance

2. Which currency types are available for budgeting on internal orders? (Choose three)

A) Company code currency
B) Transaction currency
C) Object currency
D) Freely-definable currency
E) Controlling area currency

3. SAP Best Practices offers the Demo Assistant tool to support quick preparation of the data in the demo system.
Which task can you perform with the Demo Assistant?

A) Change the descriptions of master data and organizational data.
B) Delete unnecessary Customizing settings.
C) Record system simulations used to run offline customer demos.
D) Change any type of master data and transaction data.

4. Which specific SAP month-end routines facilitate month-end closing? (Choose three)

A) Foreign currency valuation
B) Intercompany processing
C) Account reconciliation
D) Recurring entries
E) Manual accruals

5. One of the basic concepts in SAP ERP is the creation of documents.
What is a "document" according to SAP terminology?

A) An official report that a user prints out on a regular basis
B) A set of data records that is generated when a transaction is carried out
C) A printout of any posting made within SAP ERP
D) An element of the Business Process Procedures Documentation provided by Best Practices

Solutions: