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SAP Certified Solution Consultant Financials - Financial Accounting with SAP ERP 2005 Sample Questions:
1. Clearing lines are always formed when values have to be reposted between account assignment objects
A) false
B) true
2. Activation indicator is set for each client
A) false
B) true
3. An asset class consists of two main sections: (Choose Two)
A) A master data section with control data and default values for the administrative data in the asset master record
B) All of the above
C) A depreciation section with control parameters and default values for depreciation terms for each depreciation area
D) None of the above
4. Periodic correspondence is triggered by specifications made in the master record, such as invoices and account statements
A) True
B) False
5. Leading ledger gets many of its control parameters from the company codes, specifically: (Choose Three)
A) Leading ledger manages the (additional) local currency (currencies) that is (are) assigned to the company code
B) Leading ledger uses fiscal year and posting period variant that is assigned to the company code.
C) There are many leading ledger.
D) Only the values from the leading ledger are posted to CO in the standard system.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A,C | Question # 4 Answer: A | Question # 5 Answer: A,B,D |


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