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SAP C-A1FIN-10 Exam Syllabus Topics:

SectionObjectives
Topic 1: Financial Accounting Overview in SAP Business All-in-One- Organizational Units in Financial Accounting
- Basic Financial Accounting Configuration Concepts
Topic 2: General Ledger Accounting- Document Processing and Posting
- Financial Closing Activities
- G/L Account Master Data
Topic 3: Accounts Receivable (AR)- Customer Master Data
- Billing and Incoming Payments
Topic 4: Financial Reporting and Closing- Balance Sheet and Profit & Loss Reporting
- Period-End Closing Processes
Topic 5: Accounts Payable (AP)- Vendor Master Data
- Invoice Processing and Payments
Topic 6: Asset Accounting- Asset Master Data
- Asset Transactions and Depreciation

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

1. Which currency types are available for budgeting on internal orders? (Choose three)

A) Company code currency
B) Object currency
C) Transaction currency
D) Controlling area currency
E) Freely-definable currency


2. 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 reversal uses special accounts on reversal to facilitate reconciliation and audit reporting.
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 always creates a reference between the original journal and the reversing journal.


3. You are in a delta requirements session with a customer. They want to continue performing one of their business processes in the same way as they did in the legacy system.
What is your first action as a consultant in this situation?

A) Contact SAP experts to check if the business process can be fixed by changes to the configuration.
B) Advise the customer to sign a time and material contract to implement any required changes.
C) Consider using user exits or developing programs to make sure that the business process meets customer requirements perfectly.
D) Using business-based arguments, convince the customer that utilizing Best Practices is the preferred option.


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

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


5. Assume that a vendor supplies a group of affiliated companies.
Which master data segments of the vendor master record should contain common data for all companies? (Choose two)

A) Plant data
B) General data
C) Company code data
D) Purchase organization data


Solutions:

Question # 1
Answer: B,D,E
Question # 2
Answer: C,E
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: B,D

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