Maintaining Master Data

1.

You are creating selection objects so they can be used in your methods. Selection objects help to decouple master data from configuration objects.

Choose the correct answer.

True

False

2.

Additional master data settings are used to control granularity, matrix eliminations, and usability of many group reporting fields. Which of the following describes additional master data?

There are three correct answers.

Additional master data deals with field settings other than consolidation groups, consolidation units, and FS items for example.

You can enable dimensions for use in accounting.

You can change settings to meet your business requirements for group journal fields and hierarchies.

SAP S/4HANA Finance for group reporting can use SAP S/4HANA and non-SAP S/4HANA master data very easily.

3.

G/L accounts must be mapped to FS items so that data can be released from accounting into group reporting. Which of the following describes FS Items and GL Account Mapping?

There are three correct answers.

It's time and version dependent.

The G/L accounts represent group accounts.

One or more G/L accounts are mapped to each FS Item.

FS Item mappings to G/L accounts are updated via file upload.

4.

At ABC Corporation, you need to add custom fields to your consolidation units for one of the validation rules. Consolidation unit custom attributes can be time and version-independent or time and version-dependent.

Choose the correct answer.

True

False

5.

You are designing your group reporting investment structure. A consolidation group can be a parent of another consolidation group.

Choose the correct answer.

True

False

6.

You are creating your investment structure in group reporting in preparation for your go-live. Consolidation units are assigned to consolidation groups with a valid from and valid to date.

Choose the correct answer.

True

False

7.

You are using custom fields on your project to support reporting requirements. Custom fields can be added to the ACDOCA and ACDOCU tables at the same time.

Choose the correct answer.

True

False

8.

When you set up a document type to be used for AP AR eliminations, you want the entries to be reversed. Entries in the closing periods 12 through 16, are reversed into period 001 of the subsequent year when posted.

Choose the correct answer.

True

False

9.

You need to derive consolidation units based on company code and profit center. In order to derive consolidation units, the preparation ledger must be active.

Choose the correct answer.

True

False

10.

Your consolidation unit hierarchies are useful in reporting. Consolidation unit hierarchies are also used to determine elimination entities based on the first-common-parent rule.

Choose the correct answer.

True

False

Knowledge quiz

You are creating selection objects so they can be used in your methods. Selection objects help to decouple master data from configuration objects.

Additional master data settings are used to control granularity, matrix eliminations, and usability of many group reporting fields. Which of the following describes additional master data?

G/L accounts must be mapped to FS items so that data can be released from accounting into group reporting. Which of the following describes FS Items and GL Account Mapping?

At ABC Corporation, you need to add custom fields to your consolidation units for one of the validation rules. Consolidation unit custom attributes can be time and version-independent or time and version-dependent.

You are designing your group reporting investment structure. A consolidation group can be a parent of another consolidation group.

You are creating your investment structure in group reporting in preparation for your go-live. Consolidation units are assigned to consolidation groups with a valid from and valid to date.

You are using custom fields on your project to support reporting requirements. Custom fields can be added to the ACDOCA and ACDOCU tables at the same time.

When you set up a document type to be used for AP AR eliminations, you want the entries to be reversed. Entries in the closing periods 12 through 16, are reversed into period 001 of the subsequent year when posted.

You need to derive consolidation units based on company code and profit center. In order to derive consolidation units, the preparation ledger must be active.

Your consolidation unit hierarchies are useful in reporting. Consolidation unit hierarchies are also used to determine elimination entities based on the first-common-parent rule.