The primary goal of financial management is to

The primary goals of financial management dwell on both short-term and long-term activities that seek to maximize value creation from scarce financial resources. And then the primary goal of financial management is to Maximize the current value per share of the existing stock. All businesses aim to maximize their profits, minimize their expenses and maximize their market share. Here is a look at each of these goals. Financial management is a process that enables a business to plan, direct, organize, monitor and control its current and future financial resources and events. It involves applying the basic principles of management in financial activities such as purchases, sales, capital expansion, inventory valuation, financial reporting, and profit distribution.

SAP Certification Questions

The G/L account becomes a complete G/L account A.if we have created chart of account B.if we have copied the chart of account segment from other company code C.if we have added the company code segment to chart of account segment D.if we have created both company code segment and chart of account segment centrally
Every company code can have following combinations as chart of accounts (COA) A. one operating, one group and one alternate COA B. one operating COA and many group COAs C. many operating COAs and one group and one alternate CoA D. one operating COA and one alternate COA
If a general ledger account is defined using a sample account, following data is referenced from the sample account A. entire master data B. only account control and account management data in company code segment C. the control data in COA segment D.only company code segment data
Which of the statements are true A. all company codes in the payment run parameters must be in the same country B. the payment proposal can only be edited, deleted and recreated as often as desired C. the exception list is a part of the payment proposal D. a payment method can only be used if it is entered in the account master record
Which of the statements are true when running the dunning program A. we can recreate the proposal until the dunning clerk is satisfied with the result B. after completing the dunning proposal list, dunning data is updated in the master records of respective customer/ vendor C. we cannot delete the proposal D. we can edit proposal
Business area is determined for accounting documents generated automatically from logistics modules are on the basis of A. plant-division combination B. plant-sales area combination C. plant-division-distribution channel combination D. plant-division combination and sales area
If you do not want to dun a vendor beyond a particular level A. use dunning block on the vendor master B. use dunning block on the dunning procedure C. use dunning clerk to block dunning D. use dunning key to limit the maximum level
If you do not want to enter a document with provision for updating the ledger on approval from authorized officials, you use the following functionality A. sample document B. recurring document C. parked document D. account assignment model
How many parallel currencies are possible and at what level they are assigned? A. 2 local currencies, company code B. 3 local currencies, company code C. 2 local currencies, chart of account D. 3 local currencies, chart of account
Foreign currency valuations on G/L accounts are performed on the following accounts? A. accounts managed on open item basis having foreign currency transactions and all accounts with account currency different from local currency B. all accounts C. all accounts managed on open item basis D. all accounts managed on open item basis and all accounts with account currency different from local currency
If you want to chose a different set of fields in a vendor account line item display, you choose a different A. line layout B. sort variant C. totals variant D. additional fields
When you reverse a posted document, the document number must be A. external B. internal C. manually assigned D. internal or external
When several organizational units carry out dunning within a single company code, the SAP entity used to distinguish and control the process is called A. dunning area B. dunning key C. dunning clerk D. dunning procedure
The primary goal of financial management is to
Identify the actual value flows that can be analyzed using the value field analysis function. A. Incoming sales orders from Sales and Distribution B. A Transfer of billing documents C. Actualcosts D. Direct postings from Financial Accounting and Materials management
Which of the following is an independent accounting unit within a client? A. Controlling area B. Company code C. Operating concern D. Plant
When you perform the scheduling process, you will be: A. Displaying results B. Monitoring the execution of tasks C. Scheduling tasks in daily overview D. Creating task lists
Which of the following is the highest reporting level within CO-PA? A. Company code B. Controlling area C. Plant D. Operating Concern
[CO-OM-CEL] Expenses in financial accounting that are relevant to cost accounting are recorded in Controlling using : A. Secondary expenses elements B. Primary cost elements C. Primary expenses elements D. Secondary cost elements
[CO-OM-OPA] About the overhead costing sheet, the “dependency” has the following functions, except by one; What is this one? A. It allows to differentiate overhead rates or amounts by company code. B. It allows to differentiate overhead rates or amounts by material origin. C. It allows to differentiate overhead rates or amounts by plant. D. It allows to differentiate overhead rates or amounts by profit center.

1 2 3 4 5 6 7 8 9