Which two main components make up SAP FICO?

Prepare for your SAP FICO Exam with comprehensive flashcards, multiple choice questions, and detailed explanations. Equip yourself for success!

The two main components that make up SAP FICO are indeed Financial Accounting and Controlling.

Financial Accounting (FI) is responsible for capturing an organization’s financial transactions and providing a comprehensive view of the financial health of the organization. It integrates data from various sources to generate financial statements, manage accounts payable and receivable, and ensure compliance with legal and regulatory requirements.

On the other hand, Controlling (CO) focuses on internal reporting, monitoring, and controlling the organization’s operations. It aids in planning, tracking, and optimizing costs, allowing organizations to analyze their operational efficiency and make informed business decisions through budgeting and variance analysis.

Together, FI and CO provide a robust framework for managing financial processes and gaining insights into both the financial and operational performance of a business. This integration makes SAP FICO a vital tool for financial management in enterprises.

The other options do not capture the core components of SAP FICO, as they include areas that belong to different modules within the broader SAP ecosystem, such as logistics, customer relationship management, and sales and distribution, which are important but not part of the FICO module.

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