Sap fi exam 2024 - Study guides, Class notes & Summaries

SAP Final Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ General Ledger (FI)* - Answer -company's set of books and chart of accounts. Income Statement (FI)* - Answer -reports the profitability of the enterprise for a given period of time. Journal Entry (FI)* - Answer -contain information such as the general ledger account number, the short text (the name of the general ledger account), whether this line item is a debit or credit must equal, the amount, an...

SAP Exam 2 | Questions and Verified Solutions | 2024/2025 Latest Update | Graded A+ Which SAP components would a Sales Order be processed through? - Answer -a. Accounts Receivable b. Sales & Distribution c. General Ledger What is the main role of Financial Accounting? - Answer -To manage and record all financial transactions within a business organization Which component in SAP FI module is used to prepare the company's financial statements? - Answer -General Ledger What is the purpo...

SAP Exam Questions and Answers |100% Pass SAP - Answer-an ERP, which is a very integrated system that provides: (1) seamless flow of information across organizational boundaries (2) standardized environment that keeps data separate from applications 5 modules of SAP - Answer-MM, PP, SD, FI, CO all are very integrated Management assertions - Answer-occurence, completeness, authorization, accuracy, cutoff, classification Control activities - Answer-policies and procedures to mitigate risk...