SAPB111 Q2

_____________ is a financial organizational tool that provides a complete listing of every account in an accounting system.

• CHART OF CODES
• LIST OF CHARTS
• CHART OF ACCOUNTS
• BOOK OF ACCOUNTS

Color Black in SAP Chart of accounts is called_____________

• CHART OF ACCOUNTS
• TITLE ACCOUNT
• CONTROL ACCOUNT
• ACTIVE ACCOUNT

An _____________ is a unique record for each type of asset, liability, equity, revenue and expense.

• ACCOUNT
• ACCOUNTING
• CODE
• NO ANSWER

The _____________ accounts reflect the monitory value of the company - stock, assets, debt, etc. These accounts are carried over from one fiscal year to the next.

• REAL/PERMANENT ACCOUNT
• NOMINAL/TEMPORARY ACCOUNT
• CHART OF ACCOUNTS
• NO ANSWER

Color Blue in SAP Chart of accounts is called_____________

• CHART OF ACCOUNTS
• TITLE ACCOUNT
• CONTROL ACCOUNT
• ACTIVE ACCOUNT

Chart of Accounts of SAP Business One can be viewed and managed through the _____________ module.

• FINANCIAL REPORTS
• ADMINISTRATION
• FINANCIAL
• BANKING

_____________ accounts has to be cleared at the end of each fiscal year through Period End Closing process (ex. Turnover and Expenses).

• REAL/PERMANENT ACCOUNT
• NOMINAL/TEMPORARY ACCOUNT
• CHART OF ACCOUNTS
• NO ANSWER

Color Green in SAP Chart of accounts is called_____________

• CHART OF ACCOUNTS
• TITLE ACCOUNT
• CONTROL ACCOUNT
• ACTIVE ACCOUNT

Only big companies use chart of accounts. True or False. ____________

• True
• False

What module where we can see subsidiary ledgers? ______________

• JOURNAL
• FINANCIALS
• BUSINESS PARTNERS
• I DON'T KNOW