SAP

Question 1

SAP ERP FI, consists of

Answer 1

Genral ledger, Accounts Payable, and AC receivable

Question 2

SAP ERP CO, consists of

Answer 2

Profit center, cost center

Question 3

Functions modules

Answer 3

for business transctins, such as SAP FICO, SAP MM, etc

Question 4

4 sub modules of SAP FI

Answer 4

1. account payable
2. Ac receivable
3. Assets accounting (fixed assets)
4. Bank management.

Question 5

SAP ERP CO: functions

Answer 5

• Used to plan and monitor costs across a firm
• Shows where money is being spend.
• is used to increase profitability.

Question 6

SAP ERP CO: sub modules

Answer 6

• Profit center Accounting
• Cost center accounting
• Internal orders
• Production costing
• profitability analysis

Question 7

• Profit center Accounting

Answer 7

Evaluate profitability of an independent area in a firm

Question 8

Cost center accounting

Answer 8

Deal with expenses of firms internal departments. not revenue

Question 9

Internal orders

Answer 9

used to manager costs for a small projects or one off expenses . it can collect costs and revenue

Question 10

Internal orders

Answer 10

used to manager costs for a small project or one off expenses.

Question 11

• Production costing

Answer 11

Costs required to produce goods and services.

Question 12

profitability analysis

Answer 12

• Measure prodzcts profitability,
• ability to determine profitability by
  
  • region or country
  • distribution channel

Question 13

profitability analysis

Answer 13

• Measure products profitability,
• ability to determine profitability by
  
  • region or country
  • distribution channel

Question 14

Universal journal

Answer 14

financial accounting and managerial accounting together