9. SAP FI CERTIFICATION PRACTICE Q AND A

0
134

QUESTION 126
The depreciation (costing-based) from each depreciation area in Cost Accounting can be posted to: (Two options are correct)

A. a cost center and a statistical WBS element ?,a Real Estate object,? objects from PSM (Public Sector Management)
B. cost center,? a (real) order,? a cost center and a statistical order,?WBSelement
C. cost center.a real and statistical order.two different cost centers,WBS element
Show Answer

QUESTION 127
A valuation section of ASSET CLASS consists with control parameters and default values for valuation and depreciation terms

A. Flase
B. True
Show Answer

QUESTION 128
CORRECT TEXT

—————-are the most important means of structuring fixed assets according to the requirements of your enterprise

A.
B.
C.
D.
Show Answer

QUESTION 129
Possible maintenance levels are

A. Main asset number
B. Asset class
C. sub number
D. sub asset number
Show Answer

QUESTION 130
If we have several similar asset classes, we can use different account determination keys for them, although their values are all updated to a single balance sheet account.

A. False
B. True
Show Answer

QUESTION 131
Depreciation areas are created in SAP R/3 to manage different?

A. Valuation approaches
B. Assets Depreciation
C. terms
Show Answer

QUESTION 132
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
Show Answer

QUESTION 133
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
Show Answer

QUESTION 134
When is a company code available for use by Asset Accounting.check all the options that make the company code available for AA.

A. Add the asset classes to asset master records
B. Assign the chart of depreciation to the company code
C. The company codes must be set up in Financial Accounting first
D. Create the depreciation areas in chart of depreciation
E. The necessary data for asset accounting is added to the company code
Show Answer

QUESTION 135
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 meet your own requirements.
Show Answer

QUESTION 136
The depreciation areas are defined with numeric key. This numeric keys represent depreciation———
terms that you can enter in the—————or in the ——.

A. 2 digit numeric key.asset master record or asset classes
B. 3 digit numeric key.general ledger or asset classes
Show Answer

QUESTION 137
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
Show Answer

QUESTION 138
It is possible to assign an asset to two cost centers

A. Yes
B. No
Show Answer

QUESTION 139
Several asset classes can use the same account determination key if they use the same chart of accounts and post to the same G/L accounts.

A. True
B. False
Show Answer

QUESTION 140
CORRECT TEXT

If we use different————— we need only one to post asset values of all asset classes to different accounts in the different charts of accounts.

A.
B.
C.
D.
Show Answer

QUESTION 141
Reason for not making integrated postings:

A. The asset has already been delivered but the invoice has not
B. The invoice arrived before the asset
Show Answer

QUESTION 142
CORRECT TEXT

The controls which field contents of an asset area can be copied when that asset is used as
a reference for creating a new asset master record.

A.
B.
C.
D.
Show Answer

QUESTION 143
Asset classes are created at————level. They are then assigned to at least one chart of——–, The asset class consists of a————-section and ———–a section.

A. company code level, chart of accounts, general data section and master data section
B. client level, chart of depreciation .master data section and depreciation area section
Show Answer

QUESTION 144
What is the quickest option of creating new asset classes?

A. creation of new asset classes by copying it from the existing asset classes
B. generation of new asset classes from GL accounts
Show Answer

QUESTION 145
Can we suppress individual depreciation areas in each asset class?

A. No
B. Yes
Show Answer

QUESTION 146
Choose the correct from the following….

A. It is recommended that you define as many asset classes as you have assets with different types of valuation
B. When you create asset master records, this data is automatically adopted from the asset class you specify
C. Before creating asset classes you should design your asset class catalog and ensure that the relevant G/L accounts exist in Fl
D. The asset class is a selection criterion in all standard reports in FI-AA.
Show Answer

QUESTION 147
CORRECT TEXT
The specifies the master data level at which each field can be maintained.

A.
B.
C.
D.
Show Answer

QUESTION 148
CORRECT TEXT

The specifies which input fields are displayed in the asset master record,

A.
B.
C.
D.
Show Answer

QUESTION 149
Other depreciation areas may show different valuation approaches: choose the right valuations from below

A. Country-specific valuation (for example, net-worth tax, state calculation)
B. Values or depreciation that differ from area 01
C. Book depreciation in group currency
D. Difference between book and country-specific tax-based depreciation
E. Consolidated versions in company code or group currency
Show Answer

QUESTION 150
In the master record, you can assign the following (original) Cost Accounting objects to an asset:

A. Profit center
B. Activity type
C. Internal order(Real or statistical)
D. Cost center
Show Answer

QUESTION 151
We can modify the chart of depreciation to fit our requirements (for example, global, industry- specific, or country-specific)

A. No
B. Yes
Show Answer

QUESTION 152
The asset class definitions apply to all company codes in a client

A. True
B. False
Show Answer

QUESTION 153
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
Show Answer

QUESTION 154
CORRECT TEXT

Several asset classes can use the same account determination key if they use the same————- ———–
and post to the same –.

A.
B.
C.
D.
Show Answer

QUESTION 155
What are screen layout rules that SAP system supplies in the standard system.

A. 3000
B. 2000
C. 4000
D. 1000
Show Answer

QUESTION 156
Each company code uses how many chart of accounts and chart of depreciation

A. one chart of accounts and one chart of depreciation
B. mutiple chart of accounts and one chart of depreciation
Show Answer

QUESTION 157
CORRECT TEXT
Transaction types are used with every postings. They identify , and

A.
B.
C.
D.
Show Answer

QUESTION 158
Important List Viewer function

A. Calculating totals or subtotals
B. Setting filters
C. Deleting and inserting columns
D. Arranging the values in columns in ascending or descending order
E. Using layouts to save an individual report structure
Show Answer

QUESTION 159
Possible reasons for intracompany code transfers:

A. The asset needs to be split
B. A master record has been created and posted to in the wrong class.
C. Stock material (goods created by your enterprise or bought in) needs to be transferred to an asset.
D. The asset has changed location
Show Answer

QUESTION 160
CORRECT TEXT

The determines the depreciation start date of the asset. This date is determined for each
depreciation area by the period control method of the depreciation key.

A.
B.
C.
D.
Correct Answer:

Show Answer

QUESTION 161
If the company codes are assigned to different charts of depreciation, the charts of depreciation can contain different depreciation areas (different keys) with the same actual functions

A. There is no need to define cross-company depreciation areas
B. In this case we can define cross-company depreciation areas
Show Answer

QUESTION 162
After we have manually planned depreciation, the system will not create an Fl document immediately. This document is not generated until the depreciation posting program is run.

A. False
B. True
Show Answer

QUESTION 163
In the case of an intercompany transfer, one must differentiate between the following:

A. Whether it is a transfer within a legal, independent unit (within a company)
B. Whether it is a transfer between legally independent organizational units (company codes), each belonging to a different company.
Show Answer

QUESTION 164
According to the “Asset Explorer” which statements described below are true.

A. The Asset Explorer contains all of the functions of the asset value display, as well as the option of simulating alternative depreciation terms or transactions.
B. You can display planned values, book values and transactions directly in the Asset Explorer in a print preview format, and you can print and export this information.
C. Even the asset value display transaction (=>AW01) brings you directly to the Asset Explorer
D. In the Asset Explorer, depreciation areas are displayed in an overview tree, from which they can be selected
Show Answer

QUESTION 165
A sort version consists of a maximum of sort levels which are determined via ABAP Dictionary fields.

A. I I two
B. three
C. five
D. four
Show Answer

QUESTION 166
———————allows you to take fluctuations in activity into account for the depreciation calculation. It makes the amount of depreciation dependent upon seasonal usage of the asset

A. Unit-of-production depreciation
B. Special depreciation
C. Unplanned depreciation
Show Answer

QUESTION 167
CORRECT TEXT
The asset history sheet reports and other FI-AA reports use the to identify the different kinds of transactions and display them separately

A.
B.
C.
D.
Show Answer

QUESTION 168
CORRECT TEXT
The depreciation posting program . A.
B.
C.
D.
Show Answer

QUESTION 169
CORRECT TEXT

The transaction types for transfer postings to source and target assets are determined using the –.
A.
B.
C.
D.
Show Answer

QUESTION 170
CORRECT TEXT
Transfers within a company code is called A.
B.
C.
D.
Show Answer

LEAVE A REPLY

Please enter your comment!
Please enter your name here