Knowledge quiz

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

What role does the Financial Statement Version play in General Ledger Accounting within the SAP system?

Choose the correct answer.

It is used to map out the company's organizational structure

It is used to align General Ledger accounts with corresponding elements on the balance sheet and profit and loss statement

It assists in tracking and recording sales transactions

It facilitates the valuation and depreciation of fixed assets

Which information does the purchase order item contain?

There are two correct answers.

The supplier

The material

The ordered quantity

The purchasing organization

Which information does the material document contain?

There are three correct answers.

Details about the material delivered

Delivered quantity

Supplier invoice

Assembly information provided by the supplier

Storage location where the material is stored.

Which information does a purchase order contain?

There are two correct answers.

The supplier

The ordered material and quantity

The manufacturing plant

The customer

Which documents does the system create when you post a goods receipt?

There are two correct answers.

Material document

Accounting document

Supplier invoice

Customer invoice

After entering the invoice, which documents does the SAP S/4HANA system create?

There are two correct answers.

Sales order

Invoice document

Accounting document

Material document

What is the main role of Accounts Payable Accounting (FI-AP) in a company?

Choose the correct answer.

To manage relationships with customers

To record business transactions related to relationships with suppliers

To oversee the company's legal matters

It assists in tracking and recording customer interactions and sales

What is the purpose of Financial Accounting in a company?

Choose the correct answer.

It is about making sales projections.

It is used to prepare balance sheet, income statement, and cash flow statement.

To conduct foreign currency transactions.

To manage the company's stock portfolio

Which information does a supplier invoice contain?

There are three correct answers.

Reference to a purchase order or delivery note

Invoice items

Terms of payment

Reference to a production order

Reference to a sales order

10.

When you enter an invoice with reference to a pruchase order, what does the system do?

Choose the correct answer.

The system proposes data that you cannot overwrite.

The system proposes data that you can overwrite.

The system does not propose any data.