SAP S/4 HANA Finance Demos - PART 1 MCQs Fresco Play

Q.1 

In SAP S/4HANA, How many freely defind currency type can be used for company code

1) 10

2) 9

3) 8

Ans: 3) 8



Q.2  

Incase of multi GAAP, In which approach multiple accounting principles are assigned to one ledger

1) ledger approach

2) accounts approach

3) Combination of ledger and accounts approach

Ans: 2) accounts approach




Q.3 

In SAP S/4HANA , Which table replaces BSEG and FAGLFLEXA

1) ADDCCA

2) ACDOCP

3) ADCOCA

4) ACDOCA

Ans: 4) ACDOCA




Q.4 

In SAP S/4HANA, Non operating income and expense GL account also needs cost element category

1) True

2) False

Ans: 2) False




Q.5 

In S/4HANA, COPA characteristics are appended in the Universal Journal table i.e. ACDOCA

1) True

2) False

Ans: 1) True




Q.6 

Extension ledger derive data from standard ledger

1) True

2) False

Ans: 1) True




Q.7 

In SAP S/4HANA, Automatic Creation of Primary and Secondary Cost Elements functionality is still available

1) True

2) False

Ans: 2) False




Q.8 

Leading ledger and Non leading leder for the company code can have different

1) fiscal year variant

2) posting period variant

3) both fiscal year variant and Posting period variant

Ans: 3) both fiscal year variant and Posting period variant




Q.9 

In SAP S/4HANA, Cost element still updated in master data tables CSKA, CSKB along with SKA1, SKB1

1) True

2) False

Ans: 1) True




Q.10 

In SAP S/4HANA, Cost element category 90 is replaced by an indicator ‘apply acct assignment statistically in Fixed Asset/ Material Acct’.

1) True

2) False

Ans: 1) True




Q.11 

In SAP S/4HANA,Operating concern environment is generated for

1) Account based COPA only

2) Cost based COPA only

3) Both Cost and account based COPA

Ans: 3) Both Cost and account based COPA




Q.12 

In SAP S/4HANA, What is the maximum currencies can be used for the company code

1) 10

2) 8

3) 9

Ans: 1) 10




Q.13 

In SAP S/4HANA, Secondary cost element is created as GL account

1) True

2) False

Ans: 1) True





Q.14 

In SAP S/4HANA, Which preferred option to manage multiple GAAPs

1) ledger approach

2) accounts approach

3) Combination of ledger and accounts approach

Ans: 1) ledger approach




Q. 15

Incase of multi GAAP, In which approach one accounting principle is assigned one ledger.


1) ledger approach

2) accounts approach

3) Combination of ledger and accounts approach

Ans: 1) ledger approach