4. SAP FI FIXED ASSET PRACTICE Q AND A

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QUESTION NO: 51
How do you implement parallel accounting in Asset Accounting?
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
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QUESTION NO: 52
You set up a new account group. Which Customizing settings for vendors can you control directly
in this account group? (Choose two)
A. The sensitive fields for dual control
B. The One-Time Account checkbox
C. The fields that are available during a posting to vendor accounts
D. The company codes that can be used for the account group
E. The number range of master data accounts
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QUESTION NO: 53
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?
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
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QUESTION NO: 54
Which factors determine the fiscal year variant you would assign to a company code? (Choose two)
A. The need to control which periods are open for posting for specific user groups
B. The existence of a shortened fiscal year
C. The fiscal year start and end period of the company
D. The use of a specific fiscal year variant by other company codes on the client
E. The need to control which periods are open for posting for the company code
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QUESTION NO: 55
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?
A. Head office and branch account
B. Single bank account
C. Alternative payer/payee
D. Cash management group
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QUESTION NO: 56
What does the posting key control? (Choose three)
A. Debit/credit indicator
B. Account type
C. Number range
D. Field status (of posting key)
E. Document type
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QUESTION NO: 57
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?
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
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QUESTION NO: 58
What are the call-up points for validations in FI?
A. Document header, line item, and complete document
B. Basic data section, line item, and complete document
C. Basic data section, detailed data section, and line item
D. Document header, document type, and complete document
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QUESTION NO: 59
Your customer runs an SAP system with New General Ledger Accounting activated. They want to run a valuation of accounts receivable that are posted in foreign currency.
What do you have to do?
A. Set up a new exchange rate type and assign it to a valuation method.
B. Assign a valuation method to all customer master records that you want to evaluate.
C. Set up a valuation method and assign it to a valuation area.
D. Set up the Valuation Cockpit to perform this task.
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QUESTION NO: 60
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?
A. Currency key
B. Tolerance group
C. Document type
D. Field status variant
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QUESTION NO: 61
Which interactive function is provided by the SAP List Viewer?
A. Creation of subtotals for specific values
B. Creation of worklists
C. Use of the report-report interface
D. Mass reversal
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QUESTION NO: 62
Special G/L transactions can be divided into which types? (Choose three)
A. Document parking
B. Interest
C. Free offsetting entry
D. Automatic offsetting entry
E. Noted item
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QUESTION NO: 63
On which level do you define depreciation keys?
A. Company code
B. Chart of accounts
C. Asset class
D. Chart of depreciation
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QUESTION NO: 64
What does the year-end closing program do in Asset Accounting? (Choose two)
A. It opens new annual value fields for each asset.
B. It checks whether depreciation and assets are fully posted.
C. It checks whether the previous year has been closed in Financial Accounting.
D. It checks whether assets contain errors or are incomplete.
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QUESTION NO: 65
Which activity has an impact on the net book value of an asset?
A. Changing the account determination
B. Changing the useful life of the asset
C. Changing the assigned cost center
D. Changing the assigned WBS element
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QUESTION NO: 66
Which transactions in the procurement process with valuated goods receipt create documents in FI? (Choose two)
A. Create purchase requisition
B. Create a purchase order
C. Post valuated goods receipt
D. Enter invoice receipt
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QUESTION NO: 67
What options do you have for posting an asset acquisition? (Choose three)
A. Asset acquisition integrated with accounts payable
B. Asset acquisition using a clearing account
C. Asset acquisition posted via the payment program
D. Asset acquisition posted via the accrual engine
E. Asset acquisition posted from Materials Management
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QUESTION NO: 68
Your customer wants to clear minor payment differences for incoming payments automatically. Which objects do you have to use to fulfill this requirement?
A. Tolerance groups for employees and tolerance groups for document types
B. Tolerance groups for employees and tolerance groups for customers/vendors
C. Tolerance groups for G/L accounts and tolerance groups for employees
D. Tolerance groups for G/L accounts and tolerance groups for customers/vendors
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QUESTION NO: 69
Which elements of a customer account are created when you maintain the account decentralized in Financial Accounting?
A. General data, company code data, and purchasing organization data
B. General data and company code data
C. General data, company code data, and sales area data
D. General data and sales area data
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QUESTION NO: 70
Which of the following activities generates an FI document if real-time integration between CO and FI has been set up? (Choose two)
A. A test run for the settlement run of an asset under construction to a G/L account
B. A subsequent change of a segment in a CO document
C. An assessment between cost centers in one company code with different functional areas
D. An assessment between cost centers that belong to two different company codes
E. A distribution between cost centers that reside in two different controlling areas
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