ACCT 741 1 – Flashcards

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question
________________ is the technical platform that powers SAP Business Suite.
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SAP NetWeaver
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Which of the following are primary logistics business processes?
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A) Plan to produce B) Order to cash
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At what level is master data stored?
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Client
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What are the technical capabilities of NetWeaver?
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Portal collaboration, search, mobile, user interface technology, user interface composition, information composition, business process modeling, business process monitoring, service composition, human interaction management, business rules management, business intelligence, content management, data management and integration, ,master data management, repository based modeling and design, service bus based integration, service oriented architecture (SOA) management, life-cycle management, security and identity management, java development, ABAP development
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What are the IT practices that NetWeaver facilitates?
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User Productivity, Enablement, Data Unification, Business Information Management, Business Event Management, End-toEnd Process Integration, Custom Development, Unified Life-Cycle Management, Application Governance, Consolidation, Enterprise Services Architecture
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What are the advantages of SAP NetWeaver?
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Openness and Extendibility, Immediate Integration, Lower Total Cost of Ownership, Clear Roadmap
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The key features of standard analyses are?
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1) provide comprehensive data valuation options based on the data in the standard information structures in Logistics Information System (LIS) 2) provide a multitude of functions to facilitate a detailed and targeted evaluation 3) define the scope of the data to be evaluated using various selection options. The selection of key figures to be evaluated can be either preset or made interactive during the analyses.
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The key features of flexible analyses are?
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1) helps to compile and aggregate key figures on an individual basis 2) structure layout of your report to meet specific requirements 3) helps define key figures whose content is derived from existing key figures by using calculation formulas for reports 4) helps you to multiply key figures or calculate the quotient of two key figures
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What is ETL?
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Extract, Transform, and Load
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What various functions are available when performing standard analysis?
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Drilldown function, Choose key figures and change their order, sort list, create ranking sequence, ABC analysis
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What is OLAP?
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Online Analytical Processing
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After installation, the SAP enhancement package
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1) does not require any user interface (UI) or process change until a business function is activated (ABAP) 2) requires a defined ERP support package stack 3) requires one common regression test for both, support package and enhancement package
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What must be explicitly switched on to become active in the system?
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New functionality
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The functionality of business intelligence enables what?
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strategic analysis and supports decision making within a company
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The SAP NetWeaver Business Warehouse (BW) architecture contains what layers?
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Extraction, Data storage and data flow, Data analysis and planning
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What does Online Analytical Processing (OLAP) prepare?
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information for large amounts of operative and historical data
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What is BAPI?
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Business Application Programming Interface
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What is Administrator Workbench (AWB)?
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functions that allow you to control, monitor, and maintain all data procurement processes.
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What is API?
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Application Interface
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What provides users with extensive analysis options?
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SAP Business Explorer (SAP BEx)
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What is an InfoObject?
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represent data that logically belongs together for the InfoSource
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What do Transfer Rules help accomplish?
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helps ensure that data is transferred cleanly and appropriately from the source system into the Business Warehouse (BW)
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What are key figures?
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all data fields that are used to store values or quantities (sales volumes, net sales, and costs)
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What do characteristics describe?
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the affiliation of key figures
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InfoObjects can be divided into?
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characteristics and key figures
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Characteristics can be further divided into what?
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units, time characteristics, and technical characteristics
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What are some examples of characteristics?
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Division, Segment, Product, Product Line, Business Unit, Company
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What are examples of Key figures?
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Net Sales, variable COGS, Contribution Margin, Sales Overhead, R&D OverheaD
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Where are characteristics stored?
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Dimension table
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Where are key figures stored?
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Fact Tables
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If a characteristic is assigned to another characteristic, then the first becomes what?
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an attribute of the second characteristic
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What is an example of a technical characteristic?
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Time stamp (i.e. when the data was extracted)
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A dimension can contain up to how many freely available characteristics?
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248
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How many key figures can a fact table contain?
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233
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How many fact tables does each InfoCube have?
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1
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What is the maximum number of dimension tables that an InfoCube can have?
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16
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What is Operational Data Store (ODS)?
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stores data at the basic level (document level)
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What is Operational Data Store (ODS) used for?
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resolving and consolidating datasets
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What is an InfoCube?
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a multidimensional cube from which sections are removed whenever characteristics and key figures are chosen in a query definition
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Which of the following are logical views of physical data stores?
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virtual infocubes, remote cubes, multi-providers, and InfoSet Queries
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What are Role-based menus?
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a collection of activities used in business scenarios.
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What can users access through their role-based menus?
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transactions, reports, or web-based applications.
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Client, plant, and __________ are examples of organizational levels that play a role in the maintenance of material master records.
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storage location
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Which of the following are examples of master data?
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customer, vendor, material
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______ are application programs that execute business processes in the SAP ERP system.
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Transactions
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Which of the following are features of Business Explorer?
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provides users with extensive analysis options, provides an updated view of the dataset
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Which of the following personalization options are available in the SAP GUI?
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You can change the font size (within limits) in the SAP GUI, you can display system messages in a dialog box, you can prevent the display of pictures in the SAP GUI, and you can use a personal input history on your front end.
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At what level is the General Ledger (G/L) managed?
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Company Code level
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How many leading ledgers are in a company code?
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one
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What helps to optimize a company's income and expenditures?
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SAP Financial Supply Chain Management (SAP FSCM)
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What are the characteristics of a company code?
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usually based on geographic locations, smallest SAP entity that supports a full legal set of books, a company code key is a four-character alphanumeric field, there must be at least one company code in the production environment for a business to be live, you can create a company code according to tax law, commercial law, and other FI criteria.
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If you set up segments, you will have?
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both revenues and expenses
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It is best to only use segments when the business uses what?
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profit center accounting
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What are the aims of segment reporting?
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1)provide and insight into different business activities of a diversified company 2) provide information about the general environment
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What are the purposes of segment reporting?
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1) provide a clear review of a company's economic performance 2) Improve forecasting of the potential sales and financial reserves of a company 3) anticipate risks and opportunities of a company
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In addition to the operating chart of account the company may have?
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two others
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What controls are found in the company code segment?
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1) Account control 2) Account Management 3) Bank or Financial Details 4) Joint Ventures 5) Interest Calculation 6) Document Control
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What do account groups do?
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classify G/L accounts into user-defined segments and also determine the number range of the accounts that will fall into these user-defined segments
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The posting key has a controlling function for the document items and is also used during complex postings to specify what information in the system?
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1) Account type to be posted 2) Type of posting 3) Fields of the line item may have or require and entry
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Which of the following identifies a self-contained organizational structure for which costs and revenues can be managed and allocated?
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Controlling Area
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Which of the following statements hold true for a chart of accounts?
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1) A chart of accounts is assigned to the company code 2) Each general ledger is set up according to a chart of accounts
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Reconciliation accounts are designed for direct posting? True or False?
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False
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Which of the following statements are true for a posting key?
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1) It defines the account type to be posted 2) It defines the type of posting (debit or credit)
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Which of the following are components of Management Accounting?
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1) Cost Element Accounting 2) Cost Center Accounting 3) Profitability Analysis
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Sales Order management is a primary source for _______ in Profitability Analysis (CP-PA) and Profit Center Accounting (EC-PCA)
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Revenue Postings
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Which of the following is a statistical Controlling object?
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Profit center
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SAP ERP allows for complete and immediate integration between various SAP ERP components and SAP Financial Accounting (FI). Which of the following represent examples of direct integration between the Materials Management (MM) component and FI?
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1) Invoice verification - accounts payable 2) Purchasing - invoice verification 3) Goods issue to production order - GL account
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Financial information from transactions can be immediately integrated between SAP ERP Financial Accounting (FI) and SAP ERP Management Accounting (CO). Your colleagues have asked you to explain how this integration takes place during transactions. Which of the following will you say is true in regards to the integration of financial information from FI to CO?
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An additional account assignment with specification of the assignment object
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During the implementation process, you need to make a configuration decision regarding the operational chart of accounts in SAP ERP Financial Management. Which of the following is true regarding the operational chart of accounts?
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If cross company code controlling is required, the same COA must be used
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You are creating General Ledger Account master data in SAP ERP Financial Accounting. While creating this GL account, which of the following entries must always be assigned?
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1) Account group 2) Balance sheet or P&L account type 3) Short text
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You're explaining SAP Netweaver to a client. In which version of SAP did NetWeaver appear?
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MySAP ERP Edition 2004
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An Enhancement Package is designed to simplify the way customers manage and deploy new software functionality. New capabilities in an enhancement package focus on all of the following areas except:
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Enterprise DOA
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What is the ERP component called in the MySAP version used for the TERP10 course?
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ECC
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What are the components of the SAP Business Suite?
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1) ERP 2) SCM 3) PLM 4) SRM
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Which one of the following are the integration levels in Netweaver platform:
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Process Integration
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SAP NetWeaver provides core functions for the infrastructure of your business solutions. Which of the following allow for this?
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1) People Integration 2) Process Integration 3) Application Platform
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SAP NetWeaver provides access to all structured and unstructured information in your company. Which of the following help support this?
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1) Master Data Management 2) Knowledge Management 3) Business Intelligence
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Which of the following are benefits of NetWeaver?
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1) Openness and extendibility 2) Lower total cost of ownership 3) Clear roadmap
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A colleague of yours is interested in SAP NetWeaver. He or she would like to know which subcomponent of SAP NetWeaver guarantees the independence of databases and operating systems and supports an open end environment. Which SAP NetWeaver subcomponent provides that functionality?
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Application Platform
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Your organization uses SAP ERP powered by SAP NetWeaver. Which of the following are subareas of the People Integration subcomponent of SAP NetWeaver?
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1) Enterprise Portal 2) Collaboration 3) Multi-Channel Access
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What are the organizational levels in Management Accounting?
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Operating Concern and Controlling Area
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What currencies can be used in Management Accounting?
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1) Controlling (CO) area currency 2) Company Code currency or object currency (target currency) 3) Transaction currency (used for posting a document to Management Accounting)
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Which of the following is an example of master data?
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1) Vendor 2) Customer
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Customer "X" currently buys from CoCd 1000. Customer "X" would now like to start buying from CoCd 2000. Which of the following is true?
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1) The CoCd data for the customer must be extended 2) The Sales Area data for the customer must be extended
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Which of the following are ways in which material master data can be created?
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1) General 2) Special
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All transactions require ________?
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1) Master Data 2) Organizational Data
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Which one of the following is NOT a reporting option in the LIS?
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Profitability Analysis
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Which of the following are examples of physical info-providers?
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1) ODS 2) Info-Cube 3) Characteristic
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Which tool in SAP Netweaver BW is responsible for managing all aspects of the BW?
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Administrators workbench
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What are examples of statistical objects?
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1) Statistical Order 2) Statistical Project 3) Profit Center
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What are examples of true objects (non-statistical)?
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1) Cost Center 2) Cost Object 3) Network 4) Internal Order 5) Project 6) Profitability Segment
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The purchase-to-pay business process supports what following activities?
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1) request the purchase of goods or services through the use of a purchase requisition 2) convert the purchase requisition to a purchase order (PO) 3) process POs and perform PO follow-up 4) accept goods or services by entering a goods receipt referencing the PO 5) record and verify the vendor's invoice 6) pay the vendor
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What tasks are included in the plan-to-produce business process?
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1) forecast product demand 2) run material requirements planning (MRP) 3) manufacture the products
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What tasks are included in the order-to-cash business process?
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1) create a sales order that contains customer requirements 2) fill the order and ship the goods to the customer 3) invoice the customer for goods or services rendered 4) receive the payment from the customer
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What are some Enhancement Package facts?
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1) Enhancement Package (EHP) installation and functional activation is non-reversible 2) Only one EHP Level per system 3 Industry Solutions
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What are some Technical Deliveries Enhancement Package?
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1) Enhancement Packages (EHP) are "cumulative" 2) Delta Shipment 3) Enhancement Packages for SAP NetWeaver
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What are some Project Perspectives associated with Enhancement Packages?
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1) Modification adjustments 2) Regression test required 3) Effort estimation
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What other applications are available in SAP Business Suite?
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1) Customer Relationship Management (SAP CRM) 2) SAP Product Life Cycle Management (SAP PLM) 3) SAP Supplier Relationship Management (SAP SRM) 4) SAP Supply Chain Management (SAP SCM)
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What is SAP NetWeaver?
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a web based open integration and application platform that serves as the foundation for service-oriented architecture and allows the integration and alignment of people, information, and business processes across business and technology boundaries
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What does an enterprise portal ensure?
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a central point of access to information, applications, and services in the company
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SAP and non-SAP systems, data warehouse, desktop documents, web content, and web services are brought together on what?
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a single user interface
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What are the requirements of process integration?
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1) modeling business processes 2) customizing an application that supports a business process 3) exchanging data between applications and systems in the context of a business process 4) automating business processes
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Organizational levels play an important role in SAP ERP Financial Accounting. Your colleagues have asked you to explain the relationship of the client with various FI components. You explain the client is the highest organizational level in SAP ERP and _____________ are organizational levels in FI.
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1) Company Code 2) Segment 3) Chart of Accounts
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As part of the implementation team, you need to correctly identify relationships between various organizational levels in SAP ERP. Which of the following will you say is true regarding organizational levels?
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A plant must be allocated to a company code
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You've been asked to provide an explanation of some of the organizational levels in SAP ERP. Which of the following statements will you say is true?
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1) A plant must be allocated to a company code.
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A client has asked you to explain the use of currencies in SAP ERP Management Accounting. What currencies will you say can be used in management accounting?
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1) transaction 2) object currency 3) controlling area
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A controlling area can have only one standard hierarchy (True/False).
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True
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You are about to create a statistical key figure to help with the distribution of costs in SAP ERP Management Accounting. Which of the following are examples of fixed (Type 1) statistical figures?
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1) Square footage of a building 2) Number of network connections
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You are currently working on cost center planning in SAP ERP Management Accounting. Which of the following can serve as inputs to cost center planning?
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1) Manual entries 2) Formulas 3) HCM planning
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You are preparing an assessment in SAP ERP Management Accounting. Which type of cost element is used to perform an assessment?
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secondary
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An Internal Order is an extremely flexible tool in SAP ERP Management Accounting that can be used for a wide variety of purposes to track costs and, in some cases revenues, within a controlling area. Which of the following order types are internal orders?
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1) Result analysis orders for posting accrual costs in CO. 2) Capital investment orders for creating assets.
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You want to plan costs on internal orders in SAP ERP Management Accounting. Which of the following options are available to you to plan costs on internal orders?
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1) Unit costing 2) Overall planning 3) Primary and secondary costs
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Which of the following is NOT a benefit of NetWeaver?
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Simplicity
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Which of the following do enhancements packages support?
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1) Enterprise service-oriented architecture 2) Functionality 3) Industry focus
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Master data management is part of ...
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Information integration
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In FI, a CoCd is a legal entity where a separate set of legal books is required. Which of the following is used to satisfy these requirements?
answer
Financial statement versions
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You are reviewing a general ledger account. Which of the following can be found in the chart of accounts segment of that GL master record?
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1) Account type 2) Account group 3) Short text
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You are interested in assigning two Company codes to a Controlling area. Which of the following is true?
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Both company codes must use the same fiscal year variant
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You are performing a direct activity allocation between two cost centers? Which of the following is required?
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1) Activity type 2) Activity price 3) Secondary cost element
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You are planning a training event. Which of the following do you recommend for tracking the costs for this event?
answer
Internal Order
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