Knowledge quiz

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

Which Budget Consumption Types (BCT) are used to update overhead costs?

There are two correct answers.

95 (CO Postings)

99 (Expenses/Revenues)

66 (FI Transfer Postings)

01 (Unassigned)

What are the mandatory public sector account assignment in creation of a CLM contract?

Choose the correct answer.

Fund, Grant and Functional Area

Fund, Grant, Budget Period and Functional Area

Fund, Budget Account, Budget Period and Functional Area

Grant, Cash Origin Account and Budget Account

Which of the following statements are correct regarding Sales Order processing?

Choose the correct answer.

PSM account assignments needto be derived during the Sales order processing,sothey can be inherited into the billing document.

PSM account assignment can be entered in the Sales Order.

PSM account assignment need to be derived during billing.

Earmarked funds commitment documents can be reduced by the following documents?

Choose the correct answer.

Goods Reciepts

Invoices

Purchase Orders

When creating a supplier invoice for a purchase order additional budget will be consumed if...

There are two correct answers.

… the price of the invoice is higher than in the purchase order.

… the quantity of the invoice is higher than in the purchase order.

… the PO completion sign is set.

Which of the following statement are correct for asset postings?

There are two correct answers.

PSM account assignments can be entered manually during asset postings.

For acquisitions the budget account can differ from the GL account.

It is possible to use to different PSM account assignment combinations when posting to capital project WBS elements. Each combination will result in a AuC asset (if AuCs are used).

What is the result of a chargeable task in the SAP S/4HANA Manage My Timesheet time entry after it is approved?

Choose the correct answer.

Posting using CO Activity Allocation from the sender to receiver.

Payroll posting on the time entered.

Which PSM account assignments of a purchase order can be entered manually by the user.

There are two correct answers.

Fund

Functional Area

Budget Account

Which statement concerning PSM account assignments and attributes is correct regarding the creation of FI-CA documents?

Choose the correct answer.

PSM account assignments and attributes are validated and updated within FI-CA.

PSM account assignments and attributes are validated but not updated within FI-CA.

PSM account assignments and attributes are neither validated nor updated within FI-CA.

10.

Which of the following PSM account assignments are required fields in each asset master?

There are two correct answers.

Fund

Budget Period

Grant

Budget Account