SAP C_TFIN52_66 Associate - Financial Accounting Exam Set 5

Which account assignment objects can be maintained directly in the asset master data in SAP ERP 6.0 EhP5 (Enhancement Package 5) with new G/L activated? (Choose two)


Options are :

  • Depreciation center
  • Segment (Correct)
  • Profit center (Correct)
  • Asset network

Answer : Segment Profit center

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 are :

  • Currency key
  • Field status variant
  • Tolerance group
  • Document type (Correct)

Answer : Document type

You want to use the same set of values for a specific criterion in several reports.What is the easiest way to accomplish this?


Options are :

  • Create a D variable containing the values and use it in all the reports.
  • Create a selection variable containing the values and use it in all the reports. (Correct)
  • Create a set containing the values and use it in all the reports.
  • Enter the values, save them as a variant, and use this variant in all the reports.

Answer : Create a selection variable containing the values and use it in all the reports.

Which characteristics of account determination can be used to assign realized exchange rate differences to different G/L accounts? (Choose three)


Options are :

  • Valuation method
  • Valuation key
  • Reconciliation account (Correct)
  • Currency (Correct)
  • Chart of accounts (Correct)

Answer : Reconciliation account Currency Chart of accounts

Which of the following activities will generate an FI document if real-time integration between CO and FI has been set up? (Choose two)


Options are :

  • An assessment between cost centers that belong to two different company codes (Correct)
  • A subsequent change of a segment in a CO document
  • A distribution between cost centers that reside in two different controlling areas
  • An assessment between cost centers in one company code with different functional areas E. A test run of the settlement run of an asset under construction to a G/L account (Correct)

Answer : An assessment between cost centers that belong to two different company codes An assessment between cost centers in one company code with different functional areas E. A test run of the settlement run of an asset under construction to a G/L account

Which infrastructure supports core business solutions in four subcomponents including people integration, information integration, process integration, and application platform?


Options are :

  • SAP Exchange Infrastructure
  • . SAP Web AS
  • SAP NetWeaver (Correct)
  • SAP Business Process Management

Answer : SAP NetWeaver

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 reason? (Choose three)


Options are :

  • The Depreciation Engine is not active
  • There is no settlement profile assigned to the company code (Correct)
  • The AuC has not been released with the status "Technically complete".
  • The settlement profile does not allow assets as valid receivers. (Correct)
  • The status of the AuC is set to Summary Management (Correct)

Answer : There is no settlement profile assigned to the company code The settlement profile does not allow assets as valid receivers. The status of the AuC is set to Summary Management

A customer is running SAP ERP 6.0 with New General Ledger Accounting.For which purpose can they use the Closing Cockpit?


Options are :

  • To perform day-to-day activities
  • To create mass change of offsetting days for existing activities
  • To run reconciliation between CO and FI
  • To perform periodically recurring activities (Correct)

Answer : To perform periodically recurring activities

A multinational concern acquires a company in another country which has local reporting requirements. They are using one operational chart of account for all companies. How can you fulfill this country-specific requirement?


Options are :

  • Create a country-specific chart of accounts and assign it to the regular chart of accounts.
  • Create a country-specific chart of accounts and assign it to the group chart of accounts.
  • Create a country-specific chart of accounts and assign it to the company code. (Correct)
  • Create a group chart of accounts and assign it to the company code.

Answer : Create a country-specific chart of accounts and assign it to the company code.

You receive a payment where the difference from the posted invoice is larger than the stated tolerance limit.How can you deal with this? (Choose two)


Options are :

  • Post the difference as a residual item. (Correct)
  • Post the difference to an account assigned to a reason code. (Correct)
  • Split the received payment to fall below the tolerance limit.
  • Increase the tolerance limit manually while posting the document.

Answer : Post the difference as a residual item. Post the difference to an account assigned to a reason code.

What does the fiscal year variant control? (Choose two)


Options are :

  • The number of special periods available in addition to the normal periods B. The number of periods (up to 52 posting periods and special periods) (Correct)
  • The number of periods (up to 16 posting periods including special periods) (Correct)
  • The open periods (a period interval for closing and another one for day-to-day business)

Answer : The number of special periods available in addition to the normal periods B. The number of periods (up to 52 posting periods and special periods) The number of periods (up to 16 posting periods including special periods)

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


Options are :

  • Based on company codes
  • Based on the relevant chart of accounts
  • Based on the aims of internal or external reporting (Correct)
  • Based on relevant currencies

Answer : Based on the aims of internal or external reporting

A customer wants to use document splitting to enable balance sheets by segments.How do you set up the document split? (Choose two) A. Assign all document types to business transactions and business transaction variants.


Options are :

  • Assign the splitting method to the transaction variant.
  • Define a non-leading ledger for the split documents. (Correct)
  • Define splitting rules (Correct)

Answer : Define a non-leading ledger for the split documents. Define splitting rules

In which life cycle scenarios is the SAP Solution Manager used? (Choose three)


Options are :

  • Scoping
  • Operations (Correct)
  • Implementation (Correct)
  • Optimization (Correct)

Answer : Operations Implementation Optimization

When dealing with Financial Statement Versions (FSVs), how do you ensure that the requirements of the various target groups (for example auditors, tax authorities, and banks) are satisfied?


Options are :

  • Create one FSV, then save different variants based on the needs of the various groups.
  • Create different FSVs based on the needs of the target group (Correct)
  • Create one FSV and enhance it with different sets of notes.
  • Create different versions of the same FSV

Answer : Create different FSVs based on the needs of the target group

What does the SAP Web AS provide?


Options are :

  • Storage of all transactional documents in one single database
  • Master data harmonization across SAP NetWeaver
  • Real-time data exchange with all SAP systems
  • J2EE and ABAP in a single environment (Correct)

Answer : J2EE and ABAP in a single environment

Which of the following task types are supported by the Closing Cockpit or Schedule Manager? (Choose three)


Options are :

  • Spreadsheets
  • Notes (as a reminder or milestone) (Correct)
  • Programs with or without variant (Correct)
  • Transactions (Correct)

Answer : Notes (as a reminder or milestone) Programs with or without variant Transactions

Which SAP NetWeaver component ensures company-wide unification of data and information in heterogeneous IT environments?


Options are :

  • Enterprise Portal
  • Web Application Server (AS)
  • Integration Broker
  • Master Data Management (Correct)

Answer : Master Data Management

Your customers do not pay open invoices. How can you accomplish an automatic flat-rate individual value adjustment? (Choose two)


Options are :

  • Enter a value adjustment key in the customer master. (Correct)
  • Create and dispatch a valuation run for each period during closing operations. (Correct)
  • . Make an individual value adjustment based on special G/L transaction.
  • Make a statistical flat-rate value adjustment posting for each period manually.

Answer : Enter a value adjustment key in the customer master. Create and dispatch a valuation run for each period during closing operations.

Which SAP NetWeaver component realizes cross-system application processes?


Options are :

  • SAP Business Warehouse (SAP BW)
  • SAP Master Data Management (SAP MDM)
  • SAP Exchange Infrastructure (SAP XI) (Correct)
  • SAP Enterprise Portal (SAP EP)

Answer : SAP Exchange Infrastructure (SAP XI)

Which of the following are the main components of a drilldown report?


Options are :

  • Variables and key figures
  • Variables and general selection criteria
  • Characteristics and variables
  • Characteristics and key figures (Correct)

Answer : Characteristics and key figures

A vendor sends an invoice to a company which contains expenses for two company codes. You post the vendor item to the receiving company code, then the expense, and finally a cross-charge to the other company code.How are the taxes posted?


Options are :

  • Taxes are posted to both company codes in proportion to the expenses.
  • Taxes are not posted automatically, and will therefore have to be posted manually.
  • Taxes are posted to the company code where the larger part of the expense is posted.
  • Taxes are posted to the company code where the vendor item is posted. (Correct)

Answer : Taxes are posted to the company code where the vendor item is posted.

Your customer wants to perform their year-end closing activities.Which of the following activities are mandatory to close the books? (Choose two)


Options are :

  • Run fiscal year change in Asset Accounting. (Correct)
  • Run balance sheet open item analysis.
  • Run the carryforward. (Correct)
  • Run planning and budgeting.

Answer : Run fiscal year change in Asset Accounting. Run the carryforward.

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?


Options are :

  • Post the valuation differences manually at the period end.
  • Set up the Valuation Cockpit to perform this task.
  • Set up a new exchange rate type.
  • Set up a valuation method and assign it to a valuation area (Correct)

Answer : Set up a valuation method and assign it to a valuation area

Which of the following describe characteristics of master data? (Choose two)


Options are :

  • It is used on a long-term basis for multiple business processes. (Correct)
  • It cannot be changed after creation.
  • It is a template for transactional data.
  • It is typically assigned to organizational levels (Correct)

Answer : It is used on a long-term basis for multiple business processes. It is typically assigned to organizational levels

What is the typical sequence of steps in an ASAP roadmap?


Options are :

  • Project Preparation -> Business Blueprint -> Realization -> Final Preparation -> Go Live and Support (Correct)
  • Project Preparation -> Final Preparation -> Business Blueprint -> Realization -> Go Live and Support
  • Business Blueprint -> Project Preparation -> Final Preparation -> Realization -> Go Live and Support
  • Project Preparation -> Realization -> Business Blueprint -> Final Preparation -> Go Live and Support

Answer : Project Preparation -> Business Blueprint -> Realization -> Final Preparation -> Go Live and Support

A customer wants to use segment reporting on balance sheet and P/L accounts.Which functionality do you recommend?


Options are :

  • Profitability Analysis
  • Special Purpose Ledger
  • Profit Center Accounting
  • New General Ledger Accounting (Correct)

Answer : New General Ledger Accounting

Your customer is running an SAP ERP system with New General Ledger activated. All scenarios, but no customer fields, are assigned to the leading ledger.Which objects in the totals table (FAGLFLEXT) can be evaluated with drill-down reports?


Options are :

  • Cost centers, business areas, functional areas, segments, tax codes
  • Segments, profit centers, cost centers, business areas, functional areas (Correct)
  • Profit centers, cost centers, business areas, functional areas, divisions
  • Business areas, functional areas, segments, profit centers, user IDs

Answer : Segments, profit centers, cost centers, business areas, functional areas

Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the Closing Cockpit do you highlight? (Choose two)


Options are :

  • It closes the posting period automatically at the last day of the period.
  • It enables the use of a task list covering all closing activities (Correct)
  • It optimizes legacy data transfer.
  • It provides a complete documentation of the activities performed at period end closing. (Correct)

Answer : It enables the use of a task list covering all closing activities It provides a complete documentation of the activities performed at period end closing.

Which of the following is a typical sequence of steps in a Purchase to Pay process?


Options are :

  • Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification -> Payment
  • Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts -> Payment
  • Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts -> Payment
  • Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification -> Payment (Correct)

Answer : Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification -> Payment

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