Knowledge quiz

It's time to put what you've learned to the test, get 8 right to pass this unit.

1.

When you reset clearing, SAP S/4HANA removes the clearing data from the line items.

Choose the correct answer.
2.

An example of an open item is an incomplete business transaction, such as an invoice that has not been paid.

Choose the correct answer.
3.

If the payment difference is too high to be immaterial, you must manually process it.

Choose the correct answer.
4.

You must assign a revenue or expense account to all reconciliation accounts and all general ledger accounts with open item transactions in foreign currency.

Choose the correct answer.
5.

When you perform a manual payment process, you can overwrite the cash discount amount.

Choose the correct answer.
6.

It is possible to archive documents that have open items.

Choose the correct answer.
7.

Identify the three types of tolerances in accounting.

There are three correct answers.
8.

A clearing transaction always creates a clearing document.

Choose the correct answer.
9.

With the automatic clearing program, a user can clear open items for which of the following items?

There are two correct answers.
10.

The Clear Account transaction can be performed manually or automatically using the clearing program.

Choose the correct answer.

Learning

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