The head of accounts receivable requires that all items posted to individual customer accounts
are posted to their headquarters. Which function do you have to use to fulfill this requirement?
A. Head office and branch account
B. Single bank account
C. Alternative payer/payee
D. Cash management group
Which of the following factors determine the field status for vendors?
A. Account group, transaction, and company code
B. Transaction, chart of accounts, and company code
C. Account group, chart of accounts, and company code
D. Account group, transaction, and chart of accounts
Which line item field is filled automatically by the sort key field of a master record (G/L account,
customer, or vendor)?
A. Item text
B. Assignment
C. Amount in document currency
D. Number of the invoice to which the transaction belongs
A company code is...
Please choose the correct answer.
Response:
A. An independent accounting entity (the smallest organization element for which a complete selfcontained set of accounts can be drawn up).
B. An organizational unit in an enterprise that represents a closed system used for cost accounting
purposes.
C. An organizational unit that provides an additional evaluation level for the purpose of segment
reporting, for example.
D. A dependent accounting entity, according to Fiscal Year.
E. The highest level in the R/3 system hierarchy.
You want to reconcile the amounts you have in a main bank G/L account in your system with
the daily bank statement. You create a single intermediate G/L bank account for each bank. All
transactions with the bank are posted through the intermediate account. Which of the following
indicators do you have to activate in the G/L account characteristics of the intermediate account?
(Choose two)
A. Reconciliation account for account type Bank
B. Line item display
C. P&L statement account
D. Post automatically only
E. Open item management
A/ A/ B/ A/ B,E