FICO CERTIFICATION QUESTIONS

3. 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.

4. 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.

5. Identify the correct statements. ( Multi Choice)

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.

6. 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

7. 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.

8. 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

9. What content elements of the mySAP.com Workplace are provided?

(Multiple)

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.

10. What are MiniApps?(Multiple)

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.

11. What system tool allows you to add graphics, re-arrange fields,

add pushbuttons and change input fields into radio buttons?(Single)

A. GuiXT

B. GuiCapture

C. SAPGui

D. SAPShow

E. Profile Generator

12. Which of the following can you add to a Favorites list?(Multiple)

A. Files

B. Transactions

C. Web address

D. Reports

E. User menus

13. What does SAP call the new asset value display transaction?

(Single)

A. Item Explorer

B. Accounts Explorer

C. Accounts Viewer

D. Asset Viewer

E. Asset Explorer

14. Which of the following statements about year-end closing are

correct?(Multiple)

A. You carry out year-end closing before the fiscal year change.

B. During year-end closing, the program checks if the year-end

closing can be carried out.

C. Once the year-end closing was successfully completed, the system

automatically changes certain entries in Customizing (closed fiscal

year)

D. You cannot create and post to new fixed assets until The year-

end closing is successfully completed

E. You can only conduct year-end closing on June 30 or December 31

of each year.

15. What steps have to be completed before you can generate asset

classes form G/L accounts? (Multiple)

A. Account selection

B. Account determinations

C. Number range intervals

D. Screen layout variants

E. Asset classes

16. For each depreciation area you need to specify whether you want to

(Multiple)

A. post depreciation at periodic intervals to the general ledger

B. post asset values at periodic intervals

C. automatically post values online

D. use index classes

E. post to business areas

17. Please click on the button next to the correct answer.(Multiple)

A. The business area can run across many company codes, i.e.

all company

codes can post in all business areas.

B. A company code may belong to more than One Controlling Area.

C. Each company codes uses exactly one chart of accounts and one

chart of

depreciation.

D. Business areas are used to create internal balance sheets and

income statements.

18. The time of the first acquisition posting to the asset sets the

following fields in the master of asset(Multiple)

A. the depreciation start date per depreciation area

B. the cost enter to be hit through depreciation

C. the date of capitalization

D. the depreciation key

19. Usually one Chart of Depreciation is defined for each country.

At which level is the chart of Depreciation created?(Single)

A. at Company Code level

B. at Client level.

C. at Chart of accounts level.

D. at Business area level.

E. at System level.

20. What are the functions asset class?(Multiple)

A. Asset number assignment.

B. Cost Center determination.

C. Screen layout

D. Account allocation

E. Definition of default value.

21. Which of the following statements about asset data transfer from

a previous system are correct?(Multiple)

A. Transferring asset data ¡®during the fiscal year¡¯ is only

possible on july 1 of

the given year.

B. When you transfer asset data ¡®during the fiscal year¡¯, the

system

automatically determines replacement values and insurable values

using batch input.

C. During the asset transfer, you can enter either the APC or

the net book value.

D. During the asset transfer, you can specify the order in

which the depreciation are apper.

E. When you transfer asset data ¡®during the fiscal year¡¯,you

must enter the last depreciation posting period from your previous

system in the SAP R/3 System.

22. Intergration with MM: An asset purchase order is created in

Purchasing. The goods receipt is posted on a value basis. Invoice

verification then posts the invoice.

What is the name of the auxiliary account used for all of these

transactions?(Single)

A. MM/FI clearing account.

B. GR/IR clearing account.

C. Asset purchasing clearing account.

D. Asset acquisition clearing account.

E. Vendor asset acquisition clearing account

23. What additional functions do asset classes offer?(Multiple)

A. Specify required entry fields for asset master data

B. Enter default values for asset master data

C. Enter default values entries for depreciation area

D. Enter allowed entries for user fields

E. Define allowed company codes

24. Which of the following statements about manual depreciation (for

example unplanned depreciation in FI-AA) area true?(Multiple)

A. You cannot post manual depreciation in FI-AA.

B. Manual depreciation is posted immediately after entry(real

time).

C. Manual depreciation is initially shown as a planned value after

entry and only posted when the depreciation posting report is run.

D. Manual depreciation usually only applies to depreciation

areas which you choose when you enter the document.

E. After entering manual depreciation in FI-AA., you also need to

enter it manually in FI/CO.

25 .Which correspondence extracts all items in the chosen period from

a customer¡¯s account displays the balance carried forward balance and

a closing balance of the account ?(Single)

A. Payment advice

B. Payment notice

C. Account statement

D. Dunning notice

26. Which of the Following statements about automatic payment are

correct ? (Multiple)

A. In automatic payment procedures, all incoming invoices as of the

second dunning level are paid automatically

B. Direct debiting or bank collection can be used in automatic

payment procedures to clear customer invoices

C. Open items posted to G/L accounts can be cleared using the

payment program

D. Special G/L transactions(down payment)can be posted using the

payment program

E. The payment program can pay vendor invoices using wire transfers

and checks

27. Imagine the following scenario:A company wants to execute a

payment run on a daily basis and process several company codes at the

same time. If the amount exceeds US$ 1000, the vendors are to be paid

by bank transfer, amounts less than US$ 1000 are to be paid by check.

The customer has two house banks and wants all checks to be processed

by bank A and all¡¦ (Multiple)

A You store variants for print programs within customizing. Here you

can specify that the information is to be output to a data carrier

B. You specify, per house bank, whether payments are to be made

by check only or also by transfer

C. You specify the payment method from within the application,in

the master record

D. The payment proposal of the automatic payment program can

only be displayed

E. You can precisely schedule the print program from within the

application

28. According th which criteria does the payment program determine

and select open items (Single)

A. posting date and baseline date

B. document date and posting date

C. baseline date and payment terms

D. posting date and cash discount periods

E. posting date and payment terms

29. Which of the following statements are true with regard to the

customizing setting for banks in the automatic payment run ? (Multiple)

A. The sequence of the banks for processing outgoing payments is

selected randomly

B. You can only determine one payment method per house bank

C. You can select several payment methods per country

D. You can specify by bank and method the anticipated number of days

before the bank account is debited

E. You can determine the banks to be used for payments according to

postal code

30. Which of the following factors does the systems take into account

in a payment run ?(Multiple)

A. Fiscal year variant

B. Payment method specifications in the IMG

C. Specifications in the vendor master records

D. Information in the documents(incoming invoices)

E. Specifications made when maintaining the payment run parameters

31. Which of the following statements are correct ?(Multiple)

A. When creating a House bank, you do not need to specify the

country.

B. The payments program can use a different House bank for each

different payment method

C. A House bank account can be defined in more than one currency

D. House bank master data must be created in advance, before

assigning the House bank to a payment method in the payment program

configuration

E. A house bank can be assigned to a business area within the

payment program configuration

32. When entering a document using a foreign currency, which date is

used to determine the exchange rate if the translation date is not

entered ?(Single)

A. Posting date

B. Document date

C. Entry date

D. Baseline date

33. where are posting periods defined?(Multiple)

A. Posting period variant.

B. Fiscal year variant.

C. Field status variant.

D. Closing period variant.

34. which of the following statements supports the reversal of a

document?(Multiple)

A. The original document contains no cleared line items.

B. Documents originating in other modules should be corrected there

to allow the changes to flow naturally through to financial

accounting.

C. If a reversal date is not specified, the system reverses the

document using the posting date of the document to be reversed.

D. A new document number is created for the reversal document.

35. Choose the correct statements regarding recurring documents.

(Multiple)

A. When creating a recurring document, the valid time period must be

defined.

B. The posting date is determined by either the run date or the run

schedule.

C. Field values can be changed in recurring document.

D. After running the recurring document posting, the next run date

cannot be displayed.

E. The original recurring document can be deleted from the batch

input menu.

36. In manual bank statement customizing, you must (Multiple)

A. Define an internal activity

B. Define a posting rule

C. Define a posting type

D. Define a currency

E. Define an account symbol

37. Which of the following statements about manual planning are

correct?(Multiple)

A. The planning type determines which bank accounts the plan amount

to be inputted to.

B. The expiration date shows how long the payment advice is included

in planning.

C. The payment advices for editing can be changed, archived, or

reactivated.

D. Archived payment advices are included in planning till the value

date.

E. The retention periods are determined by the bank account name.

38. Bank accounts should be controlled as follows when Cash

Management is in use:(Multiple)

A. Open items are managed for both the main bank account and the

bank clearing account.

B. Both the main bank account and the bank clearing account

permit line item displays.

C. The main bank account and the bank clearing account use the

same sort key.

D. The value date in the field status string for both the main

bank account and the bank clearing account must accept entry.

E. The cash-relevance flag in the master records for both the

main bank account and the bank clearing account must be set.

39. Which of the following statements about creating customer master

records are correct? (Multiple)

A. An account group always gets assigned to a customer.

B. The company code is always a required entry.

C. The account number may be assigned by the user externally.

D. Information on each screen may be defined in configuration as

mandatory, suppressed or optional, depending upon the account group.

E. Information on each screen may be defined in configuration as

mandatory, suppressed or optional, depending upon the company code.

40. Which of the following statements are correct? (Multiple)

A. A customer master is divided by client level and company code

level.

B. In case of one-time customer you have to enter the customer¡¯s

address in the document itself.

C. Address, control data, and reconciliation account are included in

the client level of the customer.

D. The most efficient way to create master records is to work with

the external number range not internal number range.

41. Which of the following statements are correct? (Multiple)

A. If a customer is also a vendor, the system can include

outstanding Accounts Receivable invoice items in payment program.

B. If a customer is also a vendor, the system can include

outstanding Accounts Payable invoice items when you clear incoming

payment receipts for the customer.

C. The reconciliation account defined on the customer master

record is an account used to reconcile CO transactions back to FI.

D. All customer belonging to the same account group must be

assigned to the same reconciliation account.

E. The alternative payer is used to transfer outstanding

receivable item to the alternative payer¡¯s account.

42. Bulk change of line item - this function allows you to change a

whole group of line items simultaneously, instead of having to change

individual items in the documents. What data can you change using

this function?(Multiple)

A. The reconciliation account

B. The company code

C. The payment terms and payment block

D. The house bank and payment method

43. Which of the following order types are internal orders?(Multiple)

A. Result analysis orders for posting accrual costs in CO.

B. Capital investment orders for creating assets.

C. Maintenance orders.

D. Sales orders for make-to-order function

E. CO production orders.

44.Which of the following statements are correct regarding Internal

Orders?(Single)

A. Planning transactions are allowed under any status.

B. Once an order has been released, only closing entries can be

made.

C. Transactions can be allowed or disallowed depending in the

order status.

D. Additional order status categories can be created in the

order master.

45.Which of the following statements is true about CO production

orders?(Multiple)

A. It is an internal order used to control production from a

cost accounting point of view.

B. Bills of materials and routings are required.

C. It is not possible to post goods movements to and from the

order.

D. You can post primary costs from Financial Accounting to the

order.

E. You can post secondary costs from overhead calculation to

the order.

46.Which statements are true regarding direct and indirect activity

allocations? (Multiple)

A. If both the amount of the activity used by the receiver and

the total output activity quantity of the sender can be measured,

then indirect activity allocation is used.

B. If the amount of activity consumed by the receiver is not

measured, then indirect activity allocation is used.

C. Manual activity input planning cannot be performed if actual

activities are allocated indirectly.

D. If direct activity allocation is used, the total output

activity quantity is determined by summing all of the activity

quantities allocated.

47. The primary cost element is one type of master data in

Controlling. Before you can create a new primary cost element,

certain prerequisites need to be fulfilled.

Which of the following conditions must be fulfilled BEFORE you can

create primary cost elements?(Multiple)

A. The controlling area must be defined.

B. The cost center must be defined.

C. The G/L account must be defined.

D. The plant must be in the system.

E. The business areas have been defined.

48. What is the difference between distribution and assessments?

(Multiple)

A. Distribution can be made for both planned and actual figures;

assessments cannot.

B. Distributions can be made using statistical key figures;

assessments cannot.

C. Distributions are used when the original cost information is

necessary on the receiver; assessments are used when this information

is not necessary on the receiver.

D. Distributions are made using the original primary cost

elements; assessments are made using secondary cost elements