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C_TFIN52_67 SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7 is now Stable and With Pass Result | Test Your Knowledge for Free

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C_TFIN52_67 Practice Questions

SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7

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Total Questions : 160

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Question # 11

Your company uses only book depreciation and you activate the new depreciation engine. The book depreciation key Z010 curently used by an asset should be changed to Z020. The asset depreciation started two years ago, and depreciation for the current year has already been posted for the months of January, February, and March (monthly depreciation run). The change should take effect from April 1st. How can you implement this change? (Choose two)

Options:

A.  

Undo the depreciation postings for the asset in the current year. Then call the Depreciation Areas screen in the asset master and change the key from Z010 to Z020.

B.  

Call the Depreciation Areas screen in the asset master and assign the key Z020 with validity start date of April 1st.

C.  

Call the Depreciation Areas screen in the asset master and change the depreciation key from Z010 to Z020. Also change the ordinary depreciation start date to April 1st.

D.  

Create a new asset referencing the asset you want to change. On the Depreciation Areas screen, select depreciation key Z020. Then post an asset transfer from the existing asset to the new asset.

Discussion 0
Question # 12

You entered a G/L account posting and received an error message saying that account type D (customer) is not allowed. Which object causes this error?

Options:

A.  

Currency key

B.  

Tolerance group

C.  

Document type

D.  

Field status variant

Discussion 0
Question # 13

A customer wants to define a chart of depreciation. How do you recommend setting up depreciation areas?

Please choose the correct answer.

Response:

Options:

A.  

Based on company codes

B.  

Based on the relevant chart of accounts

C.  

Based on the aims of internal or external reporting

D.  

Based on relevant currencies

Discussion 0
Question # 14

What are the benefits of using the accrual engine? (Choose three)

Options:

A.  

The accrual engine can correct accruals in the previous month even if that period is closed.

B.  

The accrual engine is client-independent.

C.  

The accrual engine calculates the accrual amounts automatically.

D.  

The accrual engine can simulate planned future accruals.

E.  

The accrual engine supports parallel accounting.

Discussion 0
Question # 15

You are testing the payment program. The payment run has been executed. When you look at the program log you notice that the payment method check shows that part of the address is missing from the vendor master.

In Customizing for payment programs, where can you see which data is mandatory?

Please choose the correct answer.

Response:

Options:

A.  

Paying company codes for payment transactions

B.  

Company code data for the payment methods

C.  

Country data for the payment methods

D.  

Bank account determination

Discussion 0
Question # 16

What additional options do parking documents offer compared to holding documents? (Choose two)

Options:

A.  

A parked document can be posted cross-client to minimize the total cost of ownership (TCO).

B.  

A parked document can be posted using a workflow.

C.  

A parked document can be changed and posted by another user, thereby supporting the principle of dual control.

D.  

A parked document can be posted via automatic speech recognition.

Discussion 0
Question # 17

The field status definitions from the account group and the transaction are considered for each field. The field status definition with the higher priority is used.

Which priority sequence, going from the highest to the lowest, is correct?

Please choose the correct answer.

Response:

Options:

A.  

Optional Entry, Hide, Display, Required Entry

B.  

Hide, Display, Required Entry, Optional Entry

C.  

Required Entry, Optional Entry, Hide, Display

D.  

Display, Required Entry, Optional Entry, Hide

Discussion 0
Question # 18

The head of accounts receivable requires that all items posted to individual customer accounts are posted to their headquarters. Which function do you have to use to fulfill this requirement?

Options:

A.  

Head office and branch account

B.  

Single bank account

C.  

Alternative payer/payee

D.  

Cash management group

Discussion 0
Question # 19

You want to capitalize an asset under construction (AuC) using the line item settlement process. However, the settlement does not work. What could be the reasons for this? (Choose three)

Options:

A.  

There is no settlement profile assigned to the company code.

B.  

The AuC has not been released with the status "Technically Complete".

C.  

The status of the AuC is set to "Summary Management".

D.  

The Depreciation Engine is not active.

E.  

The settlement profile does not allow assets as valid receivers.

Discussion 0
Question # 20

How do you implement parallel accounting in Asset Accounting?

Options:

A.  

By using two asset classes

B.  

By using an extra chart of accounts

C.  

By using two depreciation areas

D.  

By using two different charts of depreciation

Discussion 0
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