Question related to FI-AA and FI-GL

Hi,
Below is the interview question asked when i was taking the interview. I couldn't answer this questions. If any of you have been working in FI-Asset and FI-GL can you please shed some light on this. I will definetely assing full points
What is FI-Asset Accounting mean to you?
What is Business value it adds?
Why business looking for this data?
Why kind of Key performance indicates involved in this?
What report you produced out of this data?
How does Delta Supported in this extraction?
What R/3 Tables involved in this extraction?
Write down the implementation steps for data extraction?
Ø       What is GL Accounting mean to you?
Ø       What is Business value it adds?
Ø       Why business looking for this data?
Ø       Why kind of Key performance indicates involved in this?
Ø       What report you produced out of this data?
Ø       How does Delta Supported in this extraction?
Ø       What R/3 Tables involved in this extraction?
Ø       Write down the implementation steps for data extraction?

Hi Lyubomir,
Thanks for your helpful replies.
I am not able to get what you were trying to say here :"it is important for SAP to know what is the beginning balance for 2006 and how the values have changed during between 01.01. and 30.09."
The fiscal year variant is V3 i.e april to march. So the start of year is 1.4.2006. and take over date is 30.09.2006.
and the last depreciation psoted date was set as 2006 / 06 . i.e september 2006.
In AS92 the asset values are split up as follows
Book value
Accumulated dep'n upto 31.03.2006
Current year dep'n from 1.4.2006 to 30.09.2006
When I look at the asset accounts GL balances it is same as the asset reports.
In my case heer what is the best approach to load the legacy data?
also when I run ABST2 the package is taken as 39 and phase as ANALYSE.
But the system shows as " List contains no data"
Are any patches to be updated?
Thanks,
Shyam

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    a) Does your system run native to the Oracle 10g RDBMS (RAC) and database tools?  If not, please explain the databases and tools supported.
    b) database monitoring tools be used to manage impending maintenance needs and potential problems and performance impacts (i.e., tool will monitor and detect prior to real problem occurring)
    c) standard pre-defined SQL queries and related calculations provided for use with industry standard reporting tools
    d) database accept binary-large-objects (BLOBs) and  be referenced via the relational engine.
    Thank you in advance!
    Regards!
    A.Henke

    two questions related to this:
    1. Why Java is designed to only permit single
    inheritence, any stories behind the scene? I think
    some major reasons why "prefer interfaces toabstract
    classes" is accepted is rooted in this limitation.Yes, one of the reasons interfaces are better is that
    you can only extend one class, but implement many
    interfaces. Say you have a concrete class that should
    "implement" two different types. If those types were
    defined as abstract classes, you could only use one
    type. You could implement both types if they were
    interfaces though. So why java is designed to have this limitation? There may be some arguments before this is settled down. I always like to hear this kind of stories:)
    2. Base on the fact that once an interface is outof
    box and widely implemented, it is almostimpossible
    to change it. So how you guys design yourinterfaces?
    Could you share some? In my idea, I would designmy
    interfaces as compact as possible.You could extend the interface and start using that
    if you didn't want to break existing code. You
    couldn't use that implementation as an Interface1
    though, since the new methods only exist in
    Interface2, so that's not an optimal solution.So we may always need to add a new interface when we just want to add a new method.

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