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SAP Certified Application Associate - Financials with SAP Business All-in-One Solution Sample Questions:

1. An integrated enterprise coordinates its strategic, tactical, and day-to-day operations by implementing an efficient, timely information flow and an organizational structure that allows you to use this information.
How does the SAP ERP application enable companies to be integrated enterprises? (Choose three)

A) It provides a methodology to accelerate the implementation of various software components.
B) It automatically runs batch processes to integrate finance with logistics.
C) It provides an open framework that allows interoperability of applications on heterogeneous platforms.
D) It enables a free yet controlled flow of information across various software modules.
E) It is designed to connect processes, organizational units, master data, and roles across countries and languages.

2. In a customer's legacy system, the correction journals were a source of reconciliation and audit issues.
Which features of SAP document reversal processing help mitigate these problems? (Choose two)

A) SAP reversal uses special accounts on reversal to facilitate reconciliation and audit reporting.
B) The reversal reason is a required field for document reversal.
C) SAP always creates a reference between the original journal and the reversing journal.
D) Documents must be reversed in the same accounting period to preserve the accounting integrity.
E) The reversing document has the same document number as the original, making identification easier.

3. SAP Best Practices offers the Demo Assistant tool to support quick preparation of the data in the demo system.
Which task can you perform with the Demo Assistant?

A) Change any type of master data and transaction data.
B) Delete unnecessary Customizing settings.
C) Change the descriptions of master data and organizational data.
D) Record system simulations used to run offline customer demos.

4. The SAP Best Practices Baseline Package is structured in scenarios and building blocks.
Building blocks are linked to layers of the Best Practices concept.
Which layers are used in the Best Practices concept? (Choose three)

A) Layer 3: Master data found in the areas of manufacturing, service, trade, and financials
B) Layer 0: Basic settings regarding the organizational structure or the chart of accounts
C) Layer 2: Detailed settings found in the areas of manufacturing, service, trade, and financials
D) Layer 1: Core settings found in the areas of manufacturing, service, trade, and financials
E) Layer 4: Transaction data found in the areas of manufacturing, service, trade, and financials

5. What master data do we use to allocate costs, based on quantities, valuated by a price?

A) Internal orders
B) Cost centers
C) Primary cost elements
D) Activity types

Solutions: