SAP EXAM C_TFIN52_64

Financial Accounting with SAP ERP 6.0 EHP4

Total Questions:

426

Question: 1
The transfer from the under-construction phase to completed asset is referred to here as ______. A. capitalization of the asset under construction Answer: A

Question: 2
Consider the following sentences about field status: 1) Fields which ______ can be made ______. 2) Fields that can be entered, but are not required, can be set to ______ entry. Which of the options below matches the blank spaces of those sentences? A. must not have an entry/optional for 1; suppressed for 2) B. must have an entry/suppressed for 1; suppressed for 2) C. must have an entry/optional for 1; optional for 2) D. must have an entry/required for 1; optional for 2) E. must not have an entry/required for 1; optional for 2) Answer: D

Question: 3
What are the fields that can be used as selection criteria in reporting from the below given options. A. Evaluation groups: These are asset master data fields for which the user can specify use and meaning. B. Reason for investment: In this master record field, you can enter a reason for the investment. C. Environmental protection indicator. Here you can enter a measure taken to comply with environmental protection laws. Answer: A, B, C

Question: 4
Consider the following statements: Which of the statements is false (Please choose the correct sentence)?

A. The account type field in terms of payment basic data screen should be defined separately, to prevent any done change in the term of payment. B. Terms of payments are copied from invoice to credit memos when they are linked to. C. Inserting a "V" in the invoice reference field during document entry means the terms of payment are activated in the non-invoice-related credit memos. D. The day limits define the dates of the cash discount periods. E. The system cannot define the splitment of an installment payment, at least you define it in the terms of payment. Answer: D

Question: 5
Company codes from different countries cannot tie processed i n same payment run A. false B. true Answer: B

Question: 6
By the period control method of the depreciation key, the asset value date is determined for each depreciation area. A. false B. true Answer: B

Question: 7
What is the purpose of the terms of payment? (Please choose the correct sentence) A. Define the baseline date. B. Enable the cross-company code transactions. C. Calculate a cash discount and invoice due date. D. Calculate only the required conditions for SD invoices. E. Calculate the tax amounts. Answer: C

Question: 8
Asset history sheet is the most important and most comprehensive year end report or intermediate report A. false B. true Answer: B

Question: 9
For which scenario can you use the cash journal? A. To post incoming and outgoing payments in any transaction currency. B. To make remittances to vendors. C. To record documents that will not be included in the general ledger. D. To manage cash in local branches and offices. Answer: D

Question: 10
The ______ determines the depreciation start date of the asset. This date is determined for each depreciation are by the period control method of the depreciation key. A. asset value date Answer: A

Question: 11
If a closed year is subsequently released for posting, it can only be closed again once the year-end closing program has been re-run. A. false B. true Answer: B

Question: 12
It is possible for the planned depreciation to be displayed through through assigning depreciation terms and a planned start-up date to the order or project. A. false B. true Answer: B

Question: 13
The master data section of ASSET CLASS consists with control data and default values for the administrative data in the asset master record A. Yes B. No Answer: A

Question: 14
Tax calculation by system are usually posted via separate line item to a special tax account in standard scenario A. true B. falsh Answer: A

Question: 15
Identify the features of a Business Blueprint from the following list: (There are more t han one correct answer for this question) A. Business process groups B. Blueprint document C. Associated items D. Business groups E. Business scenarios F. Blueprint structure Answer: A, B, C, E, F

Question: 16
What do the posting keys specify? (4) (Note: we can have more than one correct sentence. Please select the sentences you think they are correct)? A. Whether the accounts are allowed for posting. B. Whether the line items are valid for a business transaction. C. Whether the line items contain "credit" or "debit" values. D. Whether the line item is connected to a payment transaction or not. E. Whether the posting is sales-relevant and the sales figure of the account is to be updated by the transaction, for example, by the posting of a customer invoice. Answer: A, C, D, E

Question: 17
The area menus can be displayed but not changed in area menu maintenance A. false B. true Answer: A

Question: 18
[FI-Master Data] Field Status group control: A. The GL account group. B. The fields for data entry screens. C. The number ranger. D. The account type. Answer: B

Question: 19
The ______ specifies the master data level at which each field can be maintained. A. Maintenance level Answer: A

Question: 20
Preparation for year-end closing: (one or more options are true) A. If you change any depreciation values, you must run depreciation posting again. B. Once depreciation has been posted in FI-AA and FI, a balance sheet and profit and loss statement can be created. C. If an area posts APC values to the general ledger periodically, you will need to run report RAPERPOO for periodic posting. D. After the depreciation lists and asset history sheet have been checked, depreciation is posted. E. If the final result is not satisfactory, you can carry out depreciation simulation or (bulk) changes, or make adjustment postings. Answer: A, B, C, D, E

Question: 21
The number of the G/L account to be charged can be automatically suggested by the system provided that automatic account determination has been defined for company code. A. false B. true Answer: A

Question: 22
What are the depreciation terms that are mainly used as additional parameters in the cost accounting depreciation area? A. scrap value B. index C. variable depreciation portion Answer: A, B, C

Question: 23
What does the monitor provide? (4) (Note: we can have more than one correct sentence. Please select the sentences you think they are correct) A. The access to messages and result lists. B. The visualization of both entire technical and business information. C. The opportunity to postpone someone's tasks. D. The opportunity to view the work of colleagues and the processing sequence, as well as the technical and business status of every task. E. The ability to monitor the total progress of period-end closing when the user uses more than one task list. Answer: A, B, D, E

Question: 24
Several company codes can use the same chart of accounts, although they have different charts of depreciation A. true B. false Answer: A

Question: 25
According the Replacement Values: Index (one or more options may be true) A. An indexed revaluation can also be calculated for accumulated depreciation and imputed interest. B. Only year-dependent index classes are used. C. The index series must be assigned to an index class. D. You enter the index series in the asset or in the asset class. Answer: A, B, C, D

Question: 26
What is a SAP Business Object (Please choose the correct sentence)? A. It is all the transaction data generated via transactions. B. It is the instanced class of the Class Builder. C. It is composed of tables that are related in a business context, including the related application programs and it is maintained in the Class Repository. D. It is the representation of a central business object in the real world, such as an employee, sales order, purchase requisition, invoice and so on. E. It is a sequence of dialog steps that are consistent in a business context and that belong together logically. Answer: D

Question: 27
A document can only be reversed if: One or more is correct. A. The original document contains no cleared line items, if the document does contain cleared items, then these items must be reset before reversal can take place. B. The original document contains only customer, vendor and G/L line items. C. The original document was posted in FI system or originating in other modules. D. All specified values (such as, cost center) are not still valid. Answer: A, B

Question: 28
It is not possible to use two check series for making payment A. False B. True Answer: A

Question: 29
SAP provides model charts of depreciation for many countries but we can also define our own chart of depreciation (by copying and changing) A. Yes B. No Answer: A

Question: 30
What are the elements that are available to enter rules for the prerequisites (validation & substitution) and check (validation): A. Logical Operator (boolean terms) B. Comparison operators C. Operands Answer: A, B, C

Question: 31
Identify the benefits of SAP Solution Manager. (There are 5 correct answers to this question) A. More leverage from IT investments B. Reduced cost of implementation C. Reduced ROI D. More reliable IT solutions E. Faster ROI F. Reduced cost of operation Answer: A, B, D, E, F

Question: 32
One of the main tasks of Asset Accounting is to represent the ______ in the detailed form of an asset history sheet. A. asset portfolio Answer: A

Question: 33
You can define whether interest should be calculated for the cost-accounting depreciation area, and whether depreciation should continue below zero. A. true B. false Answer: A

Question: 34
[FI-GL] The payment terms are used to define: One or more is correct A. Baseline date for due date calculation. B. Cash discount percentage rates. C. The house bank. D. Cash discount periods. Answer: A, B, D

Question: 35
Physical inventory is a MM/PP module transaction and hence no accounting entry is passed in G/L but real stock is adjusted in MM/PP A. True B. False Answer: B

Question: 36
Consider the following sentences: Which of the sentences is false (Please choose the correct option)? A. The Accrual Engine is a generic tool for calculating and creating accrual postings. B. One of the disadvantages of being using the Accrual Engine is that you can make periodic accruals postings automatically as performance optimized mass data processing using an accrual run. C. You have to create deferrals when an expense or revenue is posted in the current period, but is incurred or earned partly or completely in the future. D. The purpose of the account determination in the Accrual Engine is: determine the document type, the debit account and the credut account. E. One of the benefits provided by the Schedule Manager is the closing process is more transparent and easier to handle. Answer: B

Question: 37
Payment cannot be made by adjusting a special G/L transaction which is posted in G/L A. False B. True Answer: A

Question: 38
The asset history sheet reports and other FI-AA report use the ______ to identify the different kinds of transactions and display them separately A. transaction type Answer: A

Question: 39
The organizational units of Financial Accounting are used for external reporting purposes; that is, they fulfill requirements that your business is subject to from external parties (e.g.legal regulations) . Which of the following Organizational units are Mandatory in an ERR system with FI? (There are 3 correct answers to this question.) A. Client B. Fiscal Year C. Business Area D. Company Code Answer: A, B, D

Question: 40
It is not possible to void unused checks A. False B. True Answer: A

Question: 41
Choose the correct answer : A. If the asset arrived after the invoice was received, integrated postings are made. B. The asset has already been delivered but the invoice has not, its a reason for not making integrated postings.

Answer: B

Question: 42
[Bank-Master Data] Bank master data records can also be manually: One or more is correct A. On the general data section of customer & vendor masters. B. At one-time (account) document entry. C. In the account ID. D. When defining house bank. Answer: A, B, D

Question: 43
The program ______ directly posts to the G/L accounts and additional account assignment objects. A. RAPOST2000 Answer: A

Question: 44
What depreciation key is used to ensure that depreciation is not calculated for assets under construction in depreciation areas for the balance sheet? A. 2000 B. 0000 C. 1000 Answer: B

Question: 45
What characteristics are configured as standard for every customer/vendor account (Note: we can have more than one correct sentence. Please select the sentences you think they are correct)? (2) A. Line Item Display. B. Company Code. C. Currency. D. Open Item Management. E. Purchasing Organization. Answer: A, D

Question: 46
At the Complete document call up point. We can use numeric fields as well as alpha numeric fields with which we can primarily execute mathematical calculations. A. False B. True Answer: A

Question: 47
The maintenance levels in me system are: One or more is correct A. Sub-number. B. Main number. C. Asset class. Answer: A, B, C

Question: 48
Through bank statement entry, we can enter the entries like bank debits for bank charges, commission, etc. Which will make a direct posting into the G/L A. True B. False Answer: A

Question: 49
A tax code may have several tax rates entered for different tax types A. False B. True Answer: B

Question: 50
True or false? Please choose the right answer : (3) A. Every company code that needs to use an account from the assigned chart of accounts has to create its own company code segment B. For P+L statement accounts, the balance is carried forward to the same account. C. In the chart of accounts segment, it is necessary to indicate whether the account will be a balance sheet or a profit+loss statement account. D. Number intervals for G/L account master records can overlap. E. It is not possible to influence the appearance of an account's master data.

Answer: ACD

Question: 51
All special G/L transactions are posted to G/L accounts A. False B. True Answer: B

Question: 52
AuC are a special form of tangible assets. They are usually displayed as a separate balance sheet item and therefore need a separate account determination in their asset classes. A. false B. true Answer: B

Question: 53
About the dunning program configuration, what controls how dunning is carried out (Please choose the correct sentence)? A. Company Code. B. Customer master record. C. Dunning procedure. D. Dunning texts. E. Sales Organization. Answer: C

Question: 54
By using screen layout control you can specify the field attributes in the asset master record and the maintenance level of the fields A. true B. false Answer: A

Question: 55
You can use the Schedule Manager to manage the following periodic processing in Asset Accounting One or more is correct. A. Automatic pasting of asset transactions from a depreciation area to the General Ledger. B. Posting depreciation. Answer: A, B

Question: 56
The following parameters can be changed on a time-dependent basis: one or more is correct A. Absolute scrap value. B. Variable depreciation amount. C. Percentage scrap value. D. Depreciation key. E. None of the above. F. Usefull life. Answer: A, B, C, D, F

Question: 57
All reconciliation accounts and all G/L accounts with open item transactions in foreign currency must be assigned to the G/L account for realized losses and gains. Which of the following options exist for this assignment One or more is correct. A. A single G/L account can not be used per currencies and currency types. B. A single G/L account can be used per currency. C. A single G/L account can not be used per currency type. D. A single G/L account can be used for all currencies and currency types. Answer: B, D

Question: 58
[FI-AM] Several asset class can use the same account determination if. One or more is correct. A. Post to same G/L accounts. B. Post to different G/L accounts. C. They use the same chart of account. D. The different company code. Answer: A, C

Question: 59
What of these alternatives are considered master data (Note: we can have more than one correct sentence. Please select the sentences you think they are correct)? (4) A. Chart of Accounts. B. G/L Accounts. C. Vendor. D. Customer. E. Asset. Answer: B, C, D, E

Question: 60
In AP and AR, account group cannot be created with external number range A. True B. False Answer: B

Question: 61
What characteristics are configured standard for every customer/vendor account A. open item management B. purchase organisation C. currency D. line item display E. company code Answer: A, D

Question: 62
You can manage the under construction phase in FI-AA in the following ways A. As an asset master record with line item management. B. As a normal asset master record (for summary settlement). Answer: A, B

Question: 63
In validation procedure, if the prerequisite statement is satisfied, a check is performed and if the result of the check is TRUE, the system posts a message. A. false B. true Answer: A

Question: 64
______require a separate asset class and corresponding G/L account, because they have to be shown separately in the balance sheet. A. asset under construction Answer: A

Question: 65
It is possible to get the report of customers created by a user in a company code A. True B. False Answer: A

Question: 66
[FI-Master Data] Define GL Account Group. One or more is correct. A. The account group only determines in which number interval the GL account number must reside. B. The account group also determines in which number interval the GL account number must reside. C. The GL account group is a classifying feature for general ledger master records. D. The account group determines the fields for data entry screens if you create or change a master record in a company code. Answer: B, C, D

Question: 67
Only balances in local currency indicator set in balance sheet accounts that are not managed in foreign currencies and not managed on open item basis A. false B. true Answer: B

Question: 68
Choose the correct sentences.... A. If the depreciation attributes are specified by the system, they are not changeable. B. Several charts of depreciation can also be assigned to an asset class. C. Various company codes can be assigned to the chart of depreciation. D. The sample chart of accounts provided by SAP cannot be adapted to meed your own requirements. Answer: A, B, C

Question: 69
Consider the following in case of number range intervals: One or more is correct A. The number ranges can be defined at company code level. B. The number assignment is uniform for the asset class by specifying the number range for an asset class in the asset class. C. You can choose between external and internal number assignment by specifying correspondingly defined number range. D. Alphanumeric intervals can only be assigned externally. E. You may choose small intervals, since an extension is possible if the extension already belongs to another interval. F. In Customizing for the asset class, specify the number range per company code, and specify whether assignment from the number range should be carried out externally or internally. Answer: B, C, D, F

Question: 70
The depreciation attributes for the assets choose to be specified by the system A. Are changeable B. Are not changeable Answer: B

Question: 71
Identify the features of the service desk from the items listed below. (There are more than one correct answer to this question) A. SAP Help B. Customer solution database C. Error handling D. Solution Manager diagnostics E. Managing SAP Notes F. Message handing process Answer: B, D, E, F

Question: 72
Consider the following sentences: 1) A base currency can be assigned to an exchange rate type. 2) To deal with exchange rate spreads, two very efficient combinations of the exchange rate tools are using a base currency for the average rate (M) and using the exchange rate spreads to calculate the buying and selling rates (B and G). 3) A base currency can be used for an average, a buying or a selling rate. 4) The relations between currencies have to be maintained per exchange rate type and currency pair in the translation factors. Which of these combinations is true? (1) A. 1, 3 and 4) B. 1, 2 and 4) C. 2, 3 and 4) D. 1, 2 and 3) E. 1, 2, 3 and 4 Answer: B