NAME : ___________________
VU STUDENT ID : _________________ (If you do not provide this, your assessment will not be marked.)
ASSESSEMENT TASK MODULE 2 (Due Date: See VUC
Upload this Word socument to the dropbox
• This task is provided in WORD format and this document must be used to answer the questions and submitted as is.
• You will need to enter your answers onto this document under each question (DO NOT DELETE THE QUESTIONS). After question 1, press ENTER and type your answers in, then press enter after question 2 and continue in this fashion. Leave the questions in the same font and colour.
• Once you have completed then upload the word document to VU Collaborate Assessment Dropbox. If the document is not in word format you will receive NO MARKS for the assessment.
• DO NOT EMAIL this assessment to your lecturer.
• If you do not submit via the Assessment Dropbox on VU Collaborate, you will receive NO MARKS for this assessment and NO discussion will be entertained in this regard.
• If you experience any problems, you will contact your lecturer on your campus unless you are from Melbourne and not the unit coordinator who will ignore your email.
• Turnitin will be turned on for this assessment but you will NOT see the report. So, ensure that you do not copy notes from slides, workshops or other students work. You may paraphrase
• Please Note: Some questions below will require you to use the SAP server to answer the questions.
• Do not exceed the number lines as indicated for each answer otherwise penalties will apply. If you have fewer lines than indicated that’s better. (use font size 12, New Times Roman)
• Note some questions require an explanation with example, so ensure that examples are discussed otherwise you will get no marks.
QUESTIONS (Type your answers here using font colour BLACK)
1. Explain why a Reconciliation account is used. You may use an example to explain. (6 lines)
2. Explain why a Group chart of account is unnecessary when the company codes in the group use the same Operating chart of accounts. (7 lines)
3. List and explain the 3 different types of Chart of accounts. (6 lines)
4. List 7 important components of a Chart of Accounts. (7 lines)
5. What is the purpose of a fiscal year variant? (1 line)
6. Name 3 things defined in the fiscal year variant ? (6 lines)
7. Explain using an example what you understand by “year shift/displacement” in a fiscal year (5 lines). You may use an illustration/image if you like.
8. Explain what is meant by a posting period variant? (4 lines)
9. Define a company in SAP? (3 lines)
10. Explain what a company code in SAP means? (3 lines)
11. What is the purpose of a field status group ? (4 lines)