SAP Financial Accounting (SAP FI) Practice Exam

What are the three types of activities that can be performed in SAP FI?

1. Create, report, and audit

2. Update, change, and close

3. Create, change, and display

4. Manage, track, and review

The correct answer is: Create, change, and display

In SAP Financial Accounting (SAP FI), the three types of activities that can be performed are creation, modification, and display of financial records. The correct choice reflects these essential functions: Creating involves inputting or entering new financial data or records into the system, which could include transactions such as invoices, payments, or journal entries. This is a foundational aspect of maintaining an accurate financial ledger. Changing pertains to the ability to modify existing records in the system, allowing users to update details as necessary. This could be relevant for correcting errors or updating information regarding vendor accounts or customer transactions. Displaying is the function that allows users to view existing financial data without altering it. This is crucial for reporting and analysis, enabling stakeholders to access insights into financial performance, balance sheets, income statements, and other critical reports. The other options, while they include some relevant terms, do not accurately encapsulate the core activities in SAP FI. For instance, terms like "audit" and "review" are important in financial oversight but do not represent primary functions within the transactional aspect of the SAP FI module. The activities in the system are focused on the management of data records rather than broader operational activities such as managing or tracking beyond the context of individual entries.