SAP Certification problems
- 1. 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 Discuss
Correct Answer: : A
- 2. When you reverse a posted document, the document number must be A. external B. internal C. manually assigned D. internal or external Discuss
Correct Answer: : B
- 3. 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 Discuss
Correct Answer: : A
- 4. The primary goal of financial management is to
Options- A. Expand their share of the market
- B. Maximize the current value per share of the existing stock
- C. Examining whether costs are reasonable or unreasonable
- D. All the above Also asked in: Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: Maximize the current value per share of the existing stock
Explanation:
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.
- 5. 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 Discuss
Correct Answer: : A , B , D Explanation : The value field analysis function enables you to analyze the actual value flows, such as transfer of billing documents, incoming sales orders from Sales and Distribution, direct postings from Financial Accounting and Materials Management, and external data transfer
- 6. Which of the following is an independent accounting unit within a client? A. Controlling area B. Company code C. Operating concern D. Plant Discuss
Correct Answer: : B Explanation : Company code is an independent accounting unit within a client
- 7. 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 Discuss
Correct Answer: : B , C , D Explanation: When you perform the scheduling process, you perform activities, such as create task lists, schedule tasks in daily overview, monitor the execution of tasks, and analyze results
- 8. Which of the following is the highest reporting level within CO-PA? A. Company code B. Controlling area C. Plant D. Operating Concern Discuss
Correct Answer: : D Explanation : Operating concern is the highest reporting level within CO-PA
- 9. [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 Discuss
Correct Answer: : B
- 10. [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. Discuss
Correct Answer: : B
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