Madanswer Technologies Interview Questions Data|Agile|DevOPs|Python - Recent questions in SAP S/4HANA Record to Report

Posting key depicts_____________ in SAP S/4HANA

Tue, 12 Apr 2022 02:57:19 +0000

Posting key depicts_____________ in SAP S/4HANA

1) Debit indicator 2) Credit indicator

3) loss

4) Profit

a) 2,4

b) 1,2

c) 1,3

d) 1,4

Select two components ofoverhead accounting

Tue, 12 Apr 2022 02:56:22 +0000

Select two components of overhead accounting

1) General ledger

2) Cost center accounting

3) Internal order accounting

4) Bank accounting

a) 2,4

b) 2,3

c) 1,2,3

d) 2,1

State if the statement is true or false ‘IFRS is a set of rules which needs to be followed while reporting financial data’.

Tue, 12 Apr 2022 02:55:44 +0000

State if the statement is true or false ‘IFRS is a set of rules which needs to be followed while reporting financial data’.

a) True

b) False

Select a transaction which is not managed in asset accounting

Tue, 12 Apr 2022 02:54:53 +0000

Select a transaction which is not managed in asset accounting

1) Assest acquisition

2) vendor payments

3) customer invoices

a) 1,3

b) 2,3

c) 1,2

d) 1,2,3

Select the processes which are carried out on periodic basis

Tue, 12 Apr 2022 02:54:04 +0000

Select the processes which are carried out on periodic basis

1) Advertisement expense

2)Sales revenue posting

3)Consolidation

4)Foreign currency valuation

a) 1,3

b) 3,4

c) 1,2

d) 2,4

Company code is assigned to ______________.

Tue, 12 Apr 2022 02:53:25 +0000

Company code is assigned to ______________.

a) Controlling Area

b) Profit Center

c) Storage Location

d) Plant

Select the components which is not related to record to report process

Tue, 12 Apr 2022 02:52:45 +0000

Select the components which is not related to record to report process

a) Logistics execution

b) profitability analysis

c) Bank accounting

d) General ledger

State if the statement is true or false ‘material master is always maintained by finance team’

Tue, 12 Apr 2022 02:52:10 +0000

State if the statement is true or false ‘material master is always maintained by finance team’

a) True

b) False

State if the statement is true or false ‘entry date in a finanical document can be modified’

Tue, 12 Apr 2022 02:51:32 +0000

State if the statement is true or false ‘entry date in a finanical document can be modified’

a) True

b) False

Select the master data which can be grouped

Tue, 12 Apr 2022 02:50:35 +0000

Select the master data which can be grouped

1)GL account

2) Cost center

3) Profit center

4) Internal order

a) 2,3,4

b) 1,2,3

c) 1,2,3,4

d) None

Select the typeof accounts which a chart of accounts can contain

Tue, 12 Apr 2022 02:49:28 +0000

Select the type of accounts which a chart of accounts can contain

1) Assets

2)Liabilities

3) Expense

4)Income

a) 2,3,4

b) 1,2,3

c) 1,2,3,4

d) None

Which transaction code can be used to post a financial transaction.

Tue, 12 Apr 2022 02:48:30 +0000

Which transaction code can be used to post a financial transaction.

a) FB51

b) FB52

c) FB53

d) FB50

Number range of a financial document is derived from _________________.

Tue, 12 Apr 2022 02:47:12 +0000

Number range of a financial document is derived from _________________.

a) Company code

b) Document type

c) Posting key

d) Profit center

State if it is mandatory to do the audit of financial and legal requirements

Tue, 12 Apr 2022 02:46:24 +0000

State if it is mandatory to do the audit of financial and legal requirements

a) Optional

b) Mandatory

What is General Ledger Accounting ?

Tue, 12 Apr 2022 02:45:28 +0000

What is General Ledger Accounting ?

a) It refers to all financial transactions of an organization which includes assets, liabilities, revenue and expenses

b) It refers to the financial transactions of an organization which includes only revenue and expenses

c) It refers to financial transactions of an organization which includes assets and liabilities

A ledger represents ________________.

Tue, 12 Apr 2022 02:44:41 +0000

A ledger represents ________________.

a) Business unit

b) Company

c) Accounting principle

d) Product line

Select the application which is used as system of records for financial transactions.

Tue, 12 Apr 2022 02:44:01 +0000

Select the application which is used as system of records for financial transactions.

a) SAP ARIBA

b) SAP IBP

c) SAP Concur

d) SAP S/4HANA

Record to report process involves recording of _____________.

Tue, 12 Apr 2022 02:42:46 +0000

Record to report process involves recording of _____________.

a) Sales orders

b) Manufacturing orders

c) Purchase orders

d) Financial trasnctions

Which component is used for calcyulation of product related costs.

Tue, 12 Apr 2022 02:42:02 +0000

Which component is used for calcyulation of product related costs.

a) Product costing

b) Cost center accounting

c) profitability analysis

d) General ledger

Revaluation of materials based on actual costs’ process is handled by which module ?

Tue, 12 Apr 2022 02:41:14 +0000

Revaluation of materials based on actual costs’ process is handled by which module ?

a) Bank accounting

b) Product cost Accounting

c) General ledger

d) Receivables management