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

1. The SAP Business All-in-One fast-start program provides innovations that enable customers to configure SAP Business All-in-One online, receive immediate cost estimates, and enable SAP and partners to quickly implement a cost-effective solution
Which of the following is not an objective of the fast-start program?

A) Lower implementation times
B) Configure solutions online and get cost estimates before starting
C) Improve customer win rates
D) Reduce post go-live support activities

2. Cost centers are updated with expenses posted in the general ledger on a real time basis.
Which master data enables this update?

A) Profit and loss accounts
B) Balance sheet accounts
C) Primary cost elements
D) Vendor master data

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

4. CO hierarchies are used to present flexible management reporting options in financial and management reporting.
To ensure the integrity and completeness of management reporting, for which CO objects does SAP require a standard hierarchy? (Choose two)

A) Cost centers
B) Cost elements
C) Internal orders
D) Profit centers

5. What advantages do CO cost object hierarchies provide? (Choose two)

A) They facilitate assignments for internal cost allocations
B) They allow posting for corporate costs at a summarized level of the hierarchy
C) They enable extensive reporting for various management levels
D) They simplify CO master data maintenance

Solutions: