Billing

1) Which of the following statements are true about billing function in SD?

a) It forwards data to FI/CO

b) It forwards data to MM

c) It always updates the document flow

d) It updates the credit account

e) It always updates the sales inflow system

f) It is the final function in SD process

A: a, c, f

2) At which of the following organizational levels can the billing due list be processed?

a) Sales area

b) Sales organization

c) Distribution channel

d) Division

e) Company code

A: b

3) Which of the following controls are parts of the billing type?

a) Billing schedule

b) Revenue account determination

c) Partner functions

d) Relevant for Rebates

e) Posting Blocks

A: b, c, d, e

4) Which of the following are true about credit and debit memos?

a) Credit and debit memos can be created with reference to a sale order.

b) Credit and debit memos can be created with reference to a billing document.

c) Credit and debit memos can be created with reference to returns

d) Credit and debit memos can be created with reference to a credit and debit memo requests

A: a, b, c, d

5) Which of the following are true about billing documents after the billing data has been passed on to accounting?

a) Billing date can be changed.

b) Output determination can be changed

c) Prices can be changed for the items

d) Account determination can be changed.

e) Payer can be changed

A: b

6) Which of the following controls are parts of the billing type?

a) Billing schedule.

b) Revenue account determination.

c) Partner functions.

d) Relevant for rebates.

e) Posting blocks.

A: b, c, d, e

7) Which accounts are posted when a billing documents is saved?

a) Balance sheet accounts.

b) Customer accounts.

c) Revenue account.

d) Bank account of the company.

e) Reconciliation account

A: b, c, e

8) Which of the following are the correct options available during copy control from a reference document to billing document?

a) Foreign trade data

b) Item number assignment

c) Reference number

d) Allocation number.

A: a, b, c, d.

9) Which of the following accounts are determined using account determinations?

a) Reconciliation account.

b) Cash settlement.

c) G/L account.

d) Revenue account.

A: a, b, c