SAP PS Online Quiz



Following quiz provides Multiple Choice Questions (MCQs) related to SAP PS. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using Show Answer button. You can use Next Quiz button to check new set of questions in the quiz.

Questions and Answers

Q 1 - As per budget, a project related to Capital Investment is commonly?

A - Internal Project

B - External Project

C - Vendor Project

D - None of these

Answer : A

Explanation

Internal Financed Projects

This includes project related to capital investment or overhead cost projects.

Q 2 - In which of the following currency type, you define work breakdown structure WBS, networks, activities, and orders in one controlling area?

A - Object Currency

B - Company Level Currency

C - Controlling area Currency

D - Transaction Currency

E - All of the above

Answer : C

Explanation

Controlling area currency:

In this currency type, you define work breakdown structure WBS, networks, activities, and orders in one controlling area.

As same controlling area is used, currency in a project system is also uniform.

Q 3 - Which of the following Transaction Code is used to define PS text types in SAP system?

A - OPSK

B - OPS3

C - OK02

D - OK03

Answer : B

Q 4 - In a project, you collect cost and revenues temporarily and they have to settle as part of period end processing. You need a profile type?

A - Default Profile

B - Project Profile

C - Settlement Profile

D - Selection Profile

Answer : C

Q 5 - In SAP Project System, how many levels of WBS elements can be created?

A - 255

B - 256

C - 999

D - 101

Answer : A

Q 6 - Up to 9999 can be created with reference to material requirement in Project System?

A - True

B - False

Answer : A

Q 7 - Which of the following is used to control that the project does not run over allocated budget?

A - Using Availability Control by defining tolerance limits

B - Using Work Breakdown Structure

C - Using Cost element

D - All of the above

Answer : A

Answer : C

Q 9 - Access control list function should be activated in project profile or network profile?

A - True

B - False

Answer : A

Explanation

In SAP Project system, you use access control list to assign authorizations for specific Project system objects. Access control list function should be activated in project profile or network profile.

Q 10 - Budget is defined as approved cost for a project and it is same as the cost plan?

A - True

B - False

Answer : B

Explanation

Budget is defined as approved cost for a project and it is different from the cost plan. Budget is approved cost from management for expected development of order cost for a given time period.

sap_ps_questions_answers.htm
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