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SAP FICO Online Test

Topics Covered

  • General Ledger accounting
  • Cost & Profit Centers
  • Accrual Engine
  • Financial Statement Versions (FSVs)
  • Asset Under Construction (AuC)
  • MIGO and MITO Transactions
  • COPA Records
  • MTO Process

Useful for hiring

  • Finance Specialist (0-2 yrs of exp.)
  • SAP FICO Consultant (0-2 yrs of exp.)
  • SAP FICO Analyst (0-2 yrs of exp.)
  • SAP FI Analyst

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"The best part of Interview Mocha is they have topic wise questions available. The skill wise extensive reports and advanced analytics lets us measure & benchmark the proficiency level of employees in that particular skill."

Cheryl Tolkinen, Securian, USA,
Learning & Development Manager
Question

The controlling department requires the production order variances to be settled to profitability analysis. How can you achieve this?

Note: There can be multiple correct answers to this question.

Answer
    • Set the Variances indicator in the settlement profile.

    • Assign an allocation structure to the settlement profile.

    • Set the To Be Settled in the Full indicator in the settlement profile.

    • Assign a PA transfer structure to the settlement profile.

Question

What data do you need to set up for an accrual calculation with the percentage method?

Note: There can be multiple correct answers to this question.

Answer
    • Cost center or internal order (order category 2) as a credit object

    • Secondary cost element (category 31) as an accrual cost element

    • Accrual settlement rules for the cost center

    • Primary cost element (category 3) as an accrual cost element

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