Quiz: Short-Answer Questions
Answer each of the following questions in two to three sentences, based on the provided source material.
- What is the primary purpose of the SAP FI module, and with which other SAP modules can it integrate?
- Explain the relationship between a Company and a Company Code in SAP FI.
- What is the difference between “Parking” and “Holding” a G/L document posting?
- Describe the function of a Posting Key in SAP FI and list the five main account types it can determine.
- What are Business Areas used for, and how do they differ from creating separate company codes?
- What is the main purpose of the Automatic Payment Program (APP), and what does it use to process payments?
- Define a Cost Center in SAP CO and provide an example.
- What is the function of an Internal Order in SAP CO, and what happens to the collected costs when a job is completed?
- Identify and briefly describe the two types of Profitability Analysis (CO-PA) supported by SAP.
- What is a dunning letter in SAP FI, and what types of documents does the dunning system cover?