SAP FICO MOCK TEST
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T his sect ion present s you various set of Mock T est s relat ed t o SAP FICO. You can download
t hese sam ple m ock t est s at your local m achine and solve offline at your convenience. Every
m ock t est is supplied wit h a m ock t est key t o let you verify t he final score and grade yourself.
SAP FICO MOCK TEST I
Q 1 - In which SAP client can be used to configure ST MS?
A - 001
B - 000
C - 066
D - All of t he above
Q 2 - In SAP FICO system, which of the following is not a components under
Finance Accouting?
A - General Ledger
B - AR/AP
C - Fixed Asset s
D - Cost Cent er
Q 3 - Which of the following statement is correct about G/L accounts?
A - It cont ains all t he t ransact ion det ails of a com pany. It act s as prim ary record t o
m aint ain all account ing det ails.
B - It includes t he det ail of am ount t hat is paid by cust om er and t he am ount t hat is paid by
com pany t o t he vendors.
C - It deals wit h all t he fixed asset of t he com pany and provides all t he t ransact ion det ails
about fixed asset s.
D - It is used t o m anage all t he t ravel expenses of a com pany. It involves all t he t ravels
request , t heir planning and expenses involved in all request ed t rips.
Q 4 - Which of the following statement is correct about Account Receivable and
payables?
A - It cont ains all t he t ransact ion det ails of a com pany. It act s as prim ary record t o
m aint ain all account ing det ails.
B - It includes t he det ail of am ount t hat is paid by cust om er and t he am ount t hat is paid by
com pany t o t he vendors.
C - It deals wit h all t he fixed asset of t he com pany and provides all t he t ransact ion det ails
about fixed asset s.
D - It is used t o m anage all t he t ravel expenses of a com pany. It involves all t he t ravels
request , t heir planning and expenses involved in all request ed t rips.
Q 5 - Which of the following is a smallest unit in an organization for which
financial statements (profit-loss statement, etc.) can be generated?
A - A Com pany
B - Com pany Code
C - Funct ional area
D - Credit Cont rol
Q 6 - Which of the following is used to differentiate transactions that comes from
different line of business in a company?
A - Business Area
B - Credit Cont rol
C - Funct ional Area
D - General Ledger
Q 7 - Which of the following represent the list of GL accounts that are used to
meet daily needs and country’s legal requirement in a company?
A - General Ledger
B - Chart of account s
C - Credit cont rol area
D - Com pany code
Q 8 - You can use fast entry screens in SAP FI to enter?
A - Cust om er and Vendor line it em s
B - G/L cust om er and vendor line it em s
C - Invoice Receipt against GR
D - G/L line it em s
Q 9 - Which of the following can be used to carry forward P/L account balances?
A - Aut om at ically using single ret ained earning account s
B - Aut om at ically using m ult iple ret ained earning account s
C - Using period end processing via single ret ained earning account
D - Using period end processing via m ult iple ret ained earning account
Q 10 - Which of the following chart of accounts type contains all General Ledger
accounts that are used to meet daily needs in a company?
A - Com pany Chart of account s
B - Count ry Chart of account s
C - Operat ing Chart of account s
D - None of t hese
Q 11 - T o effectively manage and control large number of G/L accounts, you can
use Chart of accounts group?
A - T rue
B - False
Q 12 - Which of the following T ransaction code can be used to create a new G/L
account?
A - FS00
B - OB53
C - OBD4
D - OB13
ANSWER SHEET
Question Number Answer Key
1 B
2 D
3 A
4 B
5 B
6 A
7 B
8 D
9 D
10 C
11 A
12 A
