What dunning-related data do you maintain on the business partner master record?
Note: There are 2 correct answers to this questions.

• A.Dunning area
• B.Dunning key
• C.Dunning block
• D.Dunning interval

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You have been asked to set up house banks as part of the implementation.
What information do you need?
Note: There are 3 correct answers to this questions.

• A.Bank master data
• B.Payment method
• C.Bank control key
• D.Company code
• E.General ledger account

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General Ledger Accounting
How does the system perform the normal reversal of a journal entry?

• A.creates an inverse posting by increasing the transaction figures
• B.It creates the inverse posting of a cleared document before resetting it
• C.It creates an inverse posting by resetting the transaction figures
• D.It creates an inverse posting by decreasing the transaction figures

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Which steps are required to create a substitution in Financial Accounting?
Note: There are 3 correct answers to this questions.

• A.Specify an authorization group.
• B.Define the substitution rule with its different steps using the formula editor.
• C.Assign the substitution rule to the controlling area.
• D.Select Activation Level 2.
• E.Select the correct call-up point.

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Which closing activities are performed for external reporting as per SAP best practices?
Note: There are 3 correct answers to this questions.

• A.Perform a top-down distribution in margin analysis
• B.Perform flat rate value adjustment for receivables
• C.Regroup receivables and payables on the balance sheet
• D.Preform valuations of open items in foreign currency
• E.Run plan assessment cycles for profit center

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