Knowledge quiz

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

When posting a valuated goods receipt against a purchase order...

There are two correct answers.

… it is possible to change the PSM account assignments.

… the commitment of the purchase order is being reduced.

… the PSM account assignments are inherited from the purchase order.

Which of the following fields are inherited (meaning moved into /prepopulated into the follow-on document) from earmarked funds documents through the document chain?

Choose the correct answer.

Posting Date

Fund

Document Category (type of earmarked funds document)

You can define per CO process, if the related overhead costs are "budget relevant" or not. Additionally, the affected budget account can also be defined as "budget-relevant" or not. Which combinations ensures that the related overhead costs consume budget:

Choose the correct answer.

Budget Account: Not budget-relevant / CO process: not budget relevant

Budget Account: Not budget-relevant / CO process: budget relevant

Budget Account: budget-relevant / CO process: not budget relevant

Budget Account: budget-relevant / CO process: budget relevant

Which of the following statements about the attributes relevant for Public Sector and other settings in G/L account app are correct:

There are two correct answers.

The budget consumption type can be changed using the Manage G/L Account app.

Accounts with the attribute 'relevant for cash flow· are always classified as the budget consumption type 'Payments (57)'.

A customer reconciliation account is always classified as budget consumption type, 'Receivables(55)'.

All accounts classified with budget consumption type 'Receivables (55)' have to also be 'customer reconciliation accounts'.

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.

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

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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

What is the correct way to change the account assignment of a workforce in the SAP S/4HANA Cloud for public sector that is integrated with SAP SuccessFactors Employee Central?

Choose the correct answer.

Change the account assignment using Manage workforce app in SAP S/4HANA Cloud for Public Sector.

Change the account assignment of the workforce in SAP SuccessFactors Employee Central.

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

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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.

PSM account assignments are derived in the asset master from the following attributes.

There are two correct answers.

Cost Center

WBS Element

Asset Transaction Type

10.

An employee belongs 50% to cost center & fund 'A', and 50% to cost center & fund B. His cost assignment record shows cost center and fund 'A' = Yes for the organizational assignment. In his time sheet he charges 10 hours @ $100/hour towards cost center and fund 'C'. What is the result of such charge?

Choose the correct answer.

Debit cost center and fund C for $1000. Credit cost center and fund A for $1000.

Debit cost center and fund C for $1000. Credit cost center and fund B for $1000.

Debit cost center and fund C for $1000. Credit cost center and fund A $500 & credit cost center and fund B $500.

Debit cost center and fund B for $1000. Credit cost center and fund A for $1000.