SAP ERP Financials and FICO Handbook

100 CHAPTER 2 CERTIFICATION QUESTIONS AND ANSWERS
27. Posting into a G/L account is controlled by the field status group (FSG)
assigned to the G/L master. (True/False)
28. State True or False for each of the following statements.
a. You can have at least one retained earning account.
b. The configuration of a retained earning account is optional.
29. State True or False for each of the following statements.
a. The G/L account group controls the document field status.
b. The G/L account group controls the G/L account number ranges.
c. All of the above.
30. State True or False for each of the following statements.
a. The G/L account ID and house bank ID should be the same.
b. A G/L account can be assigned to more than one house bank.
31. State True or False for each of the following statement.
The G/L account for a bank is linked to
a. A house bank is created under chart of account.
b. A G/L account can be assigned to more the one bank key.
32. State True or False for each of the following statements.
a. A company code may have an operating COA and n number of group COAs.
b. A company code should have only one operating COA.