Question

15. In SAP, Financial Accounting and Sales/Distributions are typically linked through:

In SAP, Financial Accounting and Sales/Distributions are typically linked through a:

cost element

customer master record

material master record

vendor master record

Question 13:

Determine which management assertion the control is designed to enhance:

Using the freight terms on the bill of lading to determine when ownership of the goods transfers.

Cut Off

Classification

Accuracy

Completeness

Occurrence

Answer 1

Ans 15. The correct answer for the question is option 1) i.e the financial accounting and sales/distribution in SAP is linked through cost element

Cost element is a type of general ledger or G/L in SAP (Systems, Applications, Products) which is used to monitor and control all the financial transactions of an organization.