The accounts are organized hierarchically according to drawers, titles, and active accounts. If the company's Chart of Accounts is arranged in this manner: 1000 Assets 1100 Current Assets 1200 Fixed Assets 1201 Land 1202 Buildings The 'Fixed Assets' Account can be found in the level as account located in the drawer. A. 5th level, Active account, Liabilities B. 4th Level, Title Account, Assets C. 2nd level, Active Account, Assets D. 2nd level, Title Account, Assets In financial reports, a blue in the Chart of Accounts. A. Title Account B. Cash Account C. Active Account D. Control Account summarizes all of the balances of each active account below it and appears in Journal Entry is used to manually create journal entries for accounts and business partners. While a is a draft stage document that creates no values in the general ledger. A. Journal Report B. Journal Posting C. Journal Entries File D. Journal Voucher List of Statements: 1. If you create an A/P invoice without reference to the goods receipt PO, it will also increase the quantity in stock. 2. SAP user could view the ordered quantities in various reports and windows, such as the Inventory Status report and the Item Master Data window. Which of the statement(s) above is (are) invalid: A. Statement 1. B. Statement 2. C. Both statements are valid. D. Both statements are invalid. This allows you to record transactions that recur monthly weekly, quarterly, daily, etc.. A. Posting Tools B. Posting Template C. Recurring Postings D. Journal Voucher