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

1. The ASAP Focus Methodology defines a proposal framework as an accelerator to help you produce the proposal document during the evaluation phase.
Which document is part of the proposal framework?

A) Marketing collateral
B) Sales presentations
C) Solution scope document
D) Customer qualification questionnaire

2. One of the basic concepts in SAP ERP is the creation of documents.
What is a "document" according to SAP terminology?

A) A set of data records that is generated when a transaction is carried out
B) A printout of any posting made within SAP ERP
C) An element of the Business Process Procedures Documentation provided by Best Practices
D) An official report that a user prints out on a regular basis

3. For what reasons would you recommend SAP Business All-In-One solutions to a midsize company with specific industry needs? (Choose two)

A) It is a comprehensive integrated solution appropriate for midsize companies.
B) It is an industry-specific solution with lower consulting rates for implementation services.
C) It is only available as an on-demand solution consisting of SAP applications for companies with limited budgets.
D) It is a bundle of SAP applications, predefined business processes, packaged services, and a methodology to position and implement it.

4. An organization is implementing SAP ERP and several company codes have been defined.
The requirement for those company codes is to have a common cost center hierarchy for consolidated cost reporting.
What needs to be set as the "first" prerequisite to meet this requirement?

A) All the company codes should have the same currency and fiscal year variant.
B) All the company codes should be assigned to one group of companies.
C) All the companies should have the same chart of accounts.
D) All the company codes should be assigned to one controlling area.

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

Solutions: