Which module within SAP Financials is primarily used for general accounting and financial reporting?
a) SAP Accounts Payable
b) SAP Accounts Receivable
c) SAP General Ledger
d) SAP Asset Accounting
Answer: c) SAP General Ledger
In SAP Financials, what is the purpose of the SAP Accounts Payable module?
a) It manages incoming payments from customers.
b) It tracks and manages outgoing payments to vendors.
c) It handles the depreciation of fixed assets.
d) It manages the company’s cash flow.
Answer: b) It tracks and manages outgoing payments to vendors.
What is the main function of the SAP Asset Accounting module?
a) It tracks and manages the company’s fixed assets.
b) It handles budgeting and financial planning.
c) It processes and manages payroll transactions.
d) It tracks and manages sales orders and customer invoices.
Answer: a) It tracks and manages the company’s fixed assets.
Which module within SAP Financials is responsible for managing customer invoices and incoming payments?
a) SAP Accounts Payable
b) SAP Accounts Receivable
c) SAP General Ledger
d) SAP Asset Accounting
Answer: b) SAP Accounts Receivable
What is the purpose of the SAP Controlling module in SAP Financials?
a) It manages the company’s financial reporting and analysis.
b) It handles the company’s internal cost accounting and budgeting.
c) It manages the company’s cash flow and liquidity.
d) It tracks and manages the company’s fixed assets.
Answer: b) It handles the company’s internal cost accounting and budgeting.
Which module within SAP Financials is responsible for managing the company’s cash flow and liquidity?
a) SAP Accounts Payable
b) SAP Accounts Receivable
c) SAP Treasury Management
d) SAP Controlling
Answer: c) SAP Treasury Management
What is the purpose of the SAP Financial Supply Chain Management (FSCM) module?
a) It manages the company’s financial reporting and analysis.
b) It handles the company’s internal cost accounting and budgeting.
c) It manages the company’s cash flow and liquidity.
d) It integrates financial processes with other supply chain activities.
Answer: d) It integrates financial processes with other supply chain activities.
Which module within SAP Financials is responsible for managing vendor invoices and outgoing payments?
a) SAP Accounts Payable
b) SAP Accounts Receivable
c) SAP General Ledger
d) SAP Treasury Management
Answer: a) SAP Accounts Payable
What is the purpose of the SAP Profitability Analysis (CO-PA) module?
a) It manages the company’s financial reporting and analysis.
b) It handles the company’s internal cost accounting and budgeting.
c) It tracks and manages sales orders and customer invoices.
d) It tracks and analyzes profitability by product, customer, or market segment.
Answer: d) It tracks and analyzes profitability by product, customer, or market segment.
Which module within SAP Financials is responsible for managing financial planning, budgeting, and forecasting?
a) SAP General Ledger
b) SAP Asset Accounting
c) SAP Controlling
d) SAP Profitability Analysis (CO-PA)
Answer: c) SAP Controlling
What is the purpose of the SAP Cash Management module in SAP Financials?
a) It manages the company’s fixed assets.
b) It handles the company’s internal cost accounting and budgeting.
c) It tracks and manages the company’s cash flow and liquidity.
d) It integrates financial processes with other supply chain activities.
Answer: c) It tracks and manages the company’s cash flow and liquidity.
Which module within SAP Financials is responsible for managing foreign currency transactions and exchange rate calculations?
a) SAP Accounts Payable
b) SAP Accounts Receivable
c) SAP General Ledger
d) SAP Treasury Management
Answer: d) SAP Treasury Management
What is the purpose of the SAP Bank Communication Management (BCM) module?
a) It manages the company’s financial reporting and analysis.
b) It handles the company’s internal cost accounting and budgeting.
c) It integrates financial processes with other supply chain activities.
d) It facilitates electronic bank statement processing and cash management.
Answer: d) It facilitates electronic bank statement processing and cash management.
Which module within SAP Financials is responsible for managing the company’s credit management processes?
a) SAP Accounts Payable
b) SAP Accounts Receivable
c) SAP General Ledger
d) SAP Credit Management
Answer: d) SAP Credit Management
What is the purpose of the SAP Financial Closing Cockpit (FCC) module?
a) It manages the company’s financial reporting and analysis.
b) It handles the company’s internal cost accounting and budgeting.
c) It facilitates the period-end closing processes and financial statement preparation.
d) It integrates financial processes with other supply chain activities.
Answer: c) It facilitates the period-end closing processes and financial statement preparation.
Which module within SAP Financials is responsible for managing the company’s tax calculation and reporting?
a) SAP Accounts Payable
b) SAP Accounts Receivable
c) SAP General Ledger
d) SAP Tax and Revenue Management
Answer: d) SAP Tax and Revenue Management
What is the purpose of the SAP Funds Management (FM) module?
a) It manages the company’s financial reporting and analysis.
b) It handles the company’s internal cost accounting and budgeting.
c) It facilitates the management and tracking of budgets and funds.
d) It integrates financial processes with other supply chain activities.
Answer: c) It facilitates the management and tracking of budgets and funds.
Which module within SAP Financials is responsible for managing the company’s intercompany transactions?
a) SAP Accounts Payable
b) SAP Accounts Receivable
c) SAP General Ledger
d) SAP Intercompany Accounting
Answer: d) SAP Intercompany Accounting
What is the purpose of the SAP Real Estate Management (RE-FX) module?
a) It manages the company’s financial reporting and analysis.
b) It handles the company’s internal cost accounting and budgeting.
c) It facilitates the management of real estate properties and leases.
d) It integrates financial processes with other supply chain activities.
Answer: c) It facilitates the management of real estate properties and leases.
Which module within SAP Financials is responsible for managing the company’s financial risk and compliance?
a) SAP Accounts Payable
b) SAP Accounts Receivable
c) SAP General Ledger
d) SAP Financial Risk Management
Answer: d) SAP Financial Risk Management