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SAP Certified Application Associate - Financials with SAP Business All-in-One Solution Sample Questions:

1. What separates the previous year's transactions from the current year's transactions in assets under construction (AuC) processing?

A) Document type
B) Transaction type
C) Posting date
D) Settlement date

2. In a customer's legacy system, the correction journals were a source of reconciliation and audit issues.
Which features of SAP document reversal processing help mitigate these problems? (Choose two)

A) The reversal reason is a required field for document reversal.
B) SAP always creates a reference between the original journal and the reversing journal.
C) The reversing document has the same document number as the original, making identification easier.
D) Documents must be reversed in the same accounting period to preserve the accounting integrity.
E) SAP reversal uses special accounts on reversal to facilitate reconciliation and audit reporting.

3. The ASAP Focus Methodology defines a proposal framework as an accelerator to help you produce the proposal document during the evaluation phase.
Which document is part of the proposal framework?

A) Marketing collateral
B) Solution scope document
C) Customer qualification questionnaire
D) Sales presentations

4. Which financial transactions create a commitment item posting against the CO cost object? (Choose two)

A) Purchase invoices
B) Purchase credit notes
C) Purchase payments against invoice
D) Purchase orders
E) Purchase requisitions

5. During the preparation phase, you create a project charter and define project standards and procedures. These elements give the project manager the authority to conduct a project within scope, quality, time, and cost and resource constraints.
Which approach would you recommend for scope change requests?

A) Document scope change requests according to the change requests plan and decide on realization.
B) Since the project is a fixed scope project, reject all scope change requests.
C) Collect scope change requests and hand them over to development immediately.
D) Only accept scope change requests after integration and acceptance tests.

Solutions: