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What do you define when you configure a dunning procedure?

A.

Dunning levels and dunning charges for each dunning level

B.

Dunning levels and account determination to post dunning interest

C.

Dunning charges for each dunning level and customers to be dunned

D.

Dunning levels and the language of the dunning note

You configure the available amounts for bank accounts. What happens to these available amounts during the payment run?

A.

They are set to zero.

B.

They are updated automatically, but have to be released by another user (dual control).

C.

They are updated automatically.

D.

They are not updated.

You have two house banks. Each house bank has three bank accounts. How many separate G/L accounts do you recommend the customer creates in the chart of accounts?

A.

Six – one for each combination of house bank and bank account

B.

One for all postings

C.

Two – one for each house bank

D.

Three – one for each bank account

How do you prevent duplicate vendors from being created? (Choose two)

A.

Activate master data comparison for the vendor.

B.

Activate message control for the duplicate vendor check.

C.

Run the Vendor De-Duplication report.

D.

Use matchcode to check whether the vendor already exists.

For reports in Asset Accounting, which object do you have to use and, where necessary, customize to determine the sort level and/or the summation level?

Please choose the correct answer.

Response:

A.

Depreciation area

B.

Sort key

C.

Sort variant

D.

Valuation area

Your customer's Accounting department informs you that the company issues checks. They need to easily differentiate payments made by check. How can you facilitate this requirement?

Please choose the correct answer.

Response:

A.

Create an additional field in the coding block called Check.

B.

Use the payment method for checks.

C.

Use the payment term for checks.

D.

Customize a line item report that filters data according to the text field, and instruct users to enter the word "Check" in the field when entering such payments.

You entered a G/L account posting and received an error message saying that account type D (customer) is not allowed. Which object causes this error?

A.

Currency key

B.

Tolerance group

C.

Document type

D.

Field status variant

A customer wants to create a report that is to be run on a monthly basis showing documents within a specific range for a specific company code that have been posted within the current month. How can you create this type of report?

Please choose the correct answer.

Response:

A.

- Create a Compact Document Journal report.

- After running the report, save it to your desktop, where it can be updated every month.

B.

- Create a Compact Document Journal report.

- Enter the values for the document interval and company code.

- After saving this as a variant, add an appropriate D (Dynamic Date Calculation) variable for the posting date on the Variant Attributes screen.

C.

- Create a G/L Account Balances report.

- Enter the values for the document range and company code.

- After saving this as a variant, add an appropriate D (Dynamic Date Calculation) variable for the posting date on the Variant Attributes screen.

D.

- Create a Compact Document Journal report.

- Enter the values for the document range and company code.

- After saving this as a variant, add an appropriate T (Table) variable for the posting date on the Variant Attributes screen.

What are the prerequisites for posting a vendor invoice in Financial Accounting?

There are 2 correct answers to this question.

Response:

A.

You have maintained the currency exchange rates in the system.

B.

You have set up a number range for the vendor invoice document type.

C.

You have created a company code segment in the vendor master.

D.

You have updated the bank details section of the vendor.

Which of the following is mandatory to make G/L accounts ready for posting?

A.

A chart of accounts segment and at least one cost element

B.

A company code segment and at least one cost element

C.

A chart of accounts segment and at least one functional area

D.

A chart of accounts segment and at least one company code segment