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1. Benefits of integration area. processes can be done concurrently, rather than consecutively. This reduces

process timeb. data moves through internet platform and access becomes fasterc. eliminates duplicate entriesd. single entry accounting becomes easier

2. R/3 is called so becausea. it requires three serversb. it integrates three basic modules, viz., FI, logistics and HRc. it has three tier architecture representing database, application and front end

presentationd. it has three tier architecture representing GUI, BAPI and RCF

3. application modules supported by R/3 includea. FI, CO, TR, SD,MM, PP, PM,QM,HR,PS,WF,ISb. FI,CO,TR,SD,MM,PP,PM,QM,HR,PS,WF,IS,ECc. FI,CO,TR,SD,MM,PP,PM,QM,HR,PS,WF,IS,EC,CCPC,CPPAd. FI,CO,TR,SD,MM,PP,PM,QM,HR

4. In standard business process of a manufacturing organization a sales order would trigger in another application

a. MPSb. MRPc. Purchase requisitiond. Goods delivery

5. Main components of FI area. GL,AR,AA,LC,TRb. GL,AR,AP,AA,TRc. GL,AR,AP,AA,LC,TR,CMd. GL,AR,AP,AA,LC,TR,TM

6. Main components of CO area. COOM,COPC,COPA,ECPCA,COTMb. COOM,COPC,COPA,ECPCA,COCCAc. COOM,COPC,COPAd. COOM,COPC,COPA,ECPCA

7. The sequence of business processes (related to raw material for production) in MM can be described are

a. PR-MRP-GR,INVOICEb. PR-PO-GR-INVOICE VERIFICATIONc. PR-PO-GR-INVOICE VERIFICATION-VENDOR PAYMENTd. PR-PO-GR-INVOICE VERIFICATION-RECEIPT OF DISCOUNT FROM VENDOR

8. It is a must to create group company before any transaction processinga. completely trueb. partially truec. completely falsed. partially false

9. it is a must to create company code before any transaction processinga. completely true

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b. partially truec. completely falsed. partially false

10. business area is a legal entity for which you need a balance sheeta. completely trueb. partially truec. completely falsed. partially false

11. client is the highest level organizationa. completely trueb. partially truec. completely falsed. partially false

12. many company codes can be attached to one planta. completely trueb. partially truec. completely falsed. partially false

13. many company codes can be assigned to one controlling areaa. completely trueb. partially truec. completely falsed. partially false

14. operating concern can encompass several controlling areasa. completely trueb. partially truec. completely falsed. partially false

15. credit control area is a concept in COa. completely trueb. partially truec. completely falsed. partially false

16. master data is created with the help of IMGa. completely trueb. partially truec. completely falsed. partially false

17. transaction data is core information that is shared across applicationsa. completely trueb. partially truec. completely falsed. partially false

18. the user specific defaults are possible if setting is done ina. user profileb. company code parametersc. session managers

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d. terminal

19. customized report trees are created througha. transaction menu of information systemb. master creation of reports c. IMGd. Standard report functionality

20. Variant creation helps ina. calculating variance between actual and standardb. processing repetitive transactionsc. to coy repetitive field values in master creationd. to be a standardized selection criteria for repetitive use required to run

program

21. credit control area may consist of one or more company codesa. completely trueb. partially truec. completely falsed. partially false

22. credit control area is useda. by the SD and AR components to provide integrated credit managementb. by FI/AP to prove credit worthiness to vendorsc. independently by FI to monitor customer creditd. independently by SD to monitor customer credit

23. a company code can be assigned witha. three chart of accounts b. two charts of accountsc. only one chart of accountd. a chart of account called as operating chart of account

24. association between numbers from group chart of account and/or country/alternate chart of account can be established in

a. company code global parametersb. master data of ledger account from operating chart of accountc. group company detailsd. country details

25. account groups which are assigned in account master creation helps a. to determine which fields should be suppressed, required or optional while

processing transactionb. to determine which fields should be suppressed, required or optional while

creating master in company code areac. to determine which fields should be suppressed, required or optional while

processing transactions and master bothd. in grouping the accounts with specific logic and assign specific number

interval26. there are two areas-chart of account and company code-in which G/L account master has to b e created because

a. data can be distributed and easy to processb. the same chart of account can be assigned to several company codesc. the company specific features can be maintained in company code areas

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d. creation of G/L can be done in two stages27. house banks are banks

a. which are used by the company code in which they are createdb. which are used by customers/vendorsc. located in the same building where company is locatedd. which are nationalized

28. primary cost element is related toa. G/L account code in one to one relationshipb. G/L account code in one to many relationshipc. Several secondary cost elements to group themd. Internal order

29. It is a must to assign a standard hierarchy in cost center mastera. completely trueb. partially truec. completely falsed. partially false

30. statistical order permitsa. settlement to cost centerb. application of overhead to themc. evaluation of costs which cannot be itemized in detail cost element or cost

center accountingd. costing of product

31. for every transaction, system generates at leasta. 4 documentsb. 3 documentsc. 2 documentsd. 1 document

32. transactions which have a financial impact generate along with other documentsa. material documentb. SD documentc. System documentd. Accounting document

33. Purchase order creation is an example of transactiona. which also triggers accounting documentb. which does not create any accounting documentc. which creates document in SDd. which triggers document in PP

34. document has the following sectionsa. title and detailsb. open item and line itemsc. header and line itemsd. coding block and line items

35. document type is assigned in the line item section of documenta. trueb. false

36. document type allows more than one account types while processing the particular document type

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a. trueb. false

37. number range id is assigned ina. account typeb. document typec. document headerd. document line item

38. following are the account typesa. A,D,K,M,Sb. A,D,K,M,S,B,Sc. A,D,K,M,S,Td. A,D,K,M,S,P,L

39. Number range can be defined asa. only internally system generatedb. only externally assigned by userc. either externally or internallyd. both externally and internally at the same time

40. posting keys determinea. account groups to which account numbers belongb. debit/credit, account type and field status of the transactionc. debit/credit, account type, account group and field status of the transactiond. document type, account type and field status of the transaction

41. the relationship between calendar months and posting period is defined in the properties of

a. posting period variantb. field status variantc. fiscal year variantd. global parameters of company code

42. only one company code can be attached to a posting period varianta. trueb. false

43 fiscal year can havea. maximum 12 regular posting periods and 4 special periodsb. any number of posting periodsc. 16 regular periodsd. 16 special periods

44 account type essentially controlsa. account group which can be assigned to the account codeb. which account-G/L, customer, vendor, material, or asset can be used in a line

item of transaction postingc. tolerance level of the accounts involvedd. document type which can be used

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45 account group in the context of G/L account determines status of fields ina. transactionb. chart of account segment of master datac. company code segment of master datad. none of the above

46 field status variant and posting key both determine field status ina. chart of account segment of master datab. company code segment of master datac. document typed. none of the above

47 negative postings cause transaction figures of the accounta. changedb. unchangedc. doubled. none of the above

48 for negative posting, negative posting indicator needs to be checkeda. only in document typeb. only in company code global parameters and reason code propertiesc. only in document type, company code global parameters and reason code

parametersd. none of the above

49 following and the FI functionality offered for speedy postinga. posting with reference, recurring entries, account assignment models, G/L fast

entry screensb. only G/L fast entry screensc. only recurring entriesd. none of the above

50terms of payment can be assigned toa. G/L masterb. Customer or vendor masterc. Transaction processing for customer/vendord. None of the above

51 Base line date isa. a date on which payment becomes dueb. from which due date is calculated depending on the settings in payment termsc. a base date after which discount lapsesd. none of the above

52 due date and cash discounts are dependent ona. settings in company codeb. credit management settingsc. payment termd. payment method

53 currency assigned in company code master isa. transaction currencyb. group currencyc. hard currency

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d. local currency

54 validations are useda. to substitute values in fieldsb. to support data entryc. to validate the data being entered is meeting certain criteria when certain

prerequisites are metd. none of the above

55 parking of document is a functionalitya. which can be used to complete and post subsequently the documents which

are incompleteb. to hold the document for the new sessionc. to process documents fasterd. none of the above

56 dunning process is useda. to generate paymentsb. to remind customer/vendor of account arrearsc. to remit the paymentsd. none of the above

57 opening and closing of posting period is donea. customization of fiscal yearb. customization related to opening and closing of posting periodc. definition of posting period variantd. none of the above

58 updating of reconciliation accounta. happens on a daily basisb. is real time updatec. happens after the end of the posting periodd. none of the above

59 customer and vendor master can b e maintaineda. only in FIb. only in SD/MMc. centrally as well as in respective functional areasd. none of the above

60customer master is divided intoa. two sections-company code and sales areab. three sections-general data, company code and sales organizationc. four sections-general data, company code, salas organization and productiond. none of the above

61 function of tolerance group isa. is to set tolerance level for foreign exchangeb. is to define user groups with different amount limits for documents and line

itemsc. grouping tolerance levels of specific natured. none of the above

62 posting keys are defined ata. business area levelb. company code level

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c. client leveld. none of the above

63 every company code must have its own document typea. trueb. false

64 the standard posting keys used for G/L posting area. 40, 50b. 19, 20and 40c. 50, 39d. none of the above

65 in case of cross company code transactionsa. one has to post two documents individuallyb. posts a document in one company and system generates another document

in concerned company with common link of cross company code transaction number

c. system links documents based on user given number in cross company code transaction field

d. none of the above

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KEY

1. A,C2. C3. D4. B5. C6. A7. B8. C9. A10. C11. A12. C13. A14. A15. ..16. A17. C18. A19. ..20. B21. A22. A23. A,B,C,D24. B25. B,D26. A,B,D27. A28. A29. A30. ..31. D32. D33. B,D34. C35. B36. A37. B38. A39. C40. B41. A,C42. B43. A44. B45. C46. C47. A48. C49. A50. B,C51. B52. C

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53. D54. C55. A56. B57. B58. B59. C60. B61. B, C62. C63. B64. A65. B

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