It’s time to put what you’ve learned to the test, get 8 questions right to pass this week.
Q1.
What are the pillars of Finance in SAP Business ByDesign?
There are 3 correct answers.
A
Controlling
B
Accounting
C
Liquidity Management
D
Contract Management
E
Order Handling
Q2.
Which of the following are business topics in the Management Accounting business package?
There are 3 correct answers.
A
Cost Center Management Accounting
B
Lead Generation
C
Sales and Profit Analysis
D
Supply Chain Networks
E
Project Cost and Revenue Management
Q3.
Which of the following statements regarding SAP Business ByDesign is true?
Choose the correct answer.
A
All operations within your goods and service value chain are linked to Financials.
B
There is no integration between operations and finance.
C
Corporate Performance Management is not supported.
D
Parallel accounting is not possible.
Q4.
Which of the following features in SAP Business ByDesign helps you to increase the efficiency of your finance department?
There are 3 correct answers.
A
Automatic payment run
B
Creation of journal entry vouchers
C
Closing cockpit
D
Creation of customer invoices using a text editor
E
Collection
Q5.
What are the phases of the SAP Launch implementation methodology?
Choose the correct answer.
A
Prepare, Realize, Verify, and Launch
B
Prepare, Explore, Realize, and Deploy
C
Project Preparation, Business Blueprint, Realization, Final Preparation, and Go Live and Support
D
Project Conception and Initiation, Project Definition and Planning, Project Launch or Execution, Project Performance and Control, and Project Close
Q6.
A set of books forms a complete and consistent set of accounting data that is required for statutory reporting and creating financial statements. It comprises a general ledger and all subledgers. What can you achieve using multiple sets of books?
There are 3 correct answers.
A
You can perform financial reporting in accordance with local accounting principles (such as US GAAP) and additional international accounting principles (such as IFRS).
B
You can create separate balance sheets for commercial purposes and for tax purposes (required, for example, for the German BilMoG).
C
You can use different accounting principles, fiscal year variants, charts of accounts, or reporting principles.
D
You can define the legal hierarchy within the organizational structure.
E
You can define business roles for user access management.
Q7.
Which of the following statements regarding the Business Configuration function in SAP Business ByDesign are true?
There are 2 correct answers.
A
It allows you to adapt and improve your solution any time you need.
B
It does not allow you to adapt and improve your solution after go live.
C
It can be used only by developers.
D
It can be easily performed in the Business Configuration work center by answering business questions.
Q8.
Which of the following sequences of steps describes the process of posting a business transaction?
Choose the correct answer.
A
1. Create the business transaction
2. Determine the account determination groups
3. Determine the sets of books and account determination profiles
4. Determine the account
5. Post
B
1. Determine the sets of books and account determination profiles
2. Determine the account determination groups
3. Create the business transaction
4. Determine the account
5. Post
C
1. Create the business transaction
2. Post
3. Determine the sets of books and account determination profiles
4. Determine the account
5. Determine the account determination groups
D
1. Determine the account
2. Create the business transaction
3. Determine the sets of books and account determination profiles
4. Determine the account determination groups
5. Post
Q9.
Which of the following statements regarding the scoping of a solution in SAP Business ByDesign is true?
Choose the correct answer.
A
If you select scoping elements that are not logical or consistent, you must scrap the implementation tenant to overcome the inconsistencies.
B
SAP Business ByDesign ensures that all selections you make are logical and consistent from a business and technical point of view.
C
Scoping can be performed only by a developer.
D
Scoping can be performed only at the beginning of the project and cannot be changed in the subsequent phases.
Q10.
Which of the following questions are answered by the Organizational Management function in SAP Business ByDesign?
There are 3 correct answers.
A
Where is the company located and what other business location exist?
B
What are the cost and profit centers for the general ledger?
C
Which reporting line manager is responsible for approving an employee’s leave request?
D
Which general ledger account should be used for a particular posting?
E
Which price should be used for the product in a sales order?