SAP C_TSCM52_66 Certified Associate Financial Accounts Test Set 5

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 status of the AuC is set to Summary Management (Correct)
  • The settlement profile does not allow assets as valid receivers. (Correct)

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

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


Options are :

  • The accrual engine can simulate planned future accruals. (Correct)
  • The accrual engine is client-independent
  • The accrual engine can correct accruals in the previous month even if that period is closed.
  • The accrual engine supports parallel accounting. (Correct)
  • The accrual engine calculates the accrual amounts automatically. (Correct)

Answer : The accrual engine can simulate planned future accruals. The accrual engine supports parallel accounting. The accrual engine calculates the accrual amounts automatically.

How do you implement parallel accounting in asset accounting?


Options are :

  • By using two asset classes
  • By using an extra chart of accounts
  • By using two depreciation areas (Correct)
  • By using two different charts of depreciation

Answer : By using two depreciation areas

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

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

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


Options are :

  • The open periods (a period interval for closing and another one for day-to-day business)
  • 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)

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)

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 selection variable containing the values and use it in all the reports. (Correct)
  • Create a D variable containing the values and use it in all the reports.
  • 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.

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

Answer : To perform periodically recurring activities

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 :

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

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

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


Options are :

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

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

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


Options are :

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

Answer : . An assessment between cost centers in one company code with different functional areas An assessment between cost centers that belong to two different company codes

Which of the following status symbols are used in customer and vendor line item lists? (Choose three)


Options are :

  • Overdue
  • Open (Correct)
  • .Parked (Correct)
  • Cleared (Correct)

Answer : Open .Parked Cleared

Which of the following lists can be printed to help you edit a dunning proposal? (Choose two)


Options are :

  • Condensed master data
  • Sales statistics
  • Blocked line items (Correct)
  • Blocked accounts (Correct)

Answer : Blocked line items Blocked accounts

Which function can you use to generate inter-company posting documents? (Choose two)


Options are :

  • Central payment (Correct)
  • Intercompany dunning
  • Central currency valuation
  • Intercompany asset transfer (Correct)

Answer : Central payment Intercompany asset transfer

You want to use external number assignment for specific document types.What is the special feature of external number assignment?


Options are :

  • The number ranges can be used across all company codes.
  • The number ranges can overlap
  • The numbers can be alphanumeric. (Correct)
  • The system issues the numbers automatically.

Answer : The numbers can be alphanumeric.

What are the prerequisites for setting up cross-company cost accounting? (Choose two)


Options are :

  • The same currency is used for all company codes.
  • The same chart of accounts is used for all company codes. (Correct)
  • The same fiscal year is used for all company codes (Correct)
  • The same variant for open periods is used for all company codes.

Answer : The same chart of accounts is used for all company codes. The same fiscal year is used for all company codes

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


Options are :

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

Answer : Currency Chart of accounts Reconciliation account

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


Options are :

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

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

What does the year-end closing program do in Asset Accounting? (Choose two)


Options are :

  • It opens new annual value fields for each asset.
  • It checks whether the previous year has been closed in Financial Accounting.
  • It checks whether depreciation and assets are fully posted (Correct)
  • It checks whether assets contain errors or are incomplete. (Correct)

Answer : It checks whether depreciation and assets are fully posted It checks whether assets contain errors or are incomplete.

Special G/L transactions can be divided into which types? (Choose three)


Options are :

  • Automatic offsetting entry (Correct)
  • Interest
  • Free offsetting entry (Correct)
  • Document parking
  • Noted item (Correct)

Answer : Automatic offsetting entry Free offsetting entry Noted item

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

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

On which level do you define depreciation keys?


Options are :

  • Company code
  • Chart of accounts
  • Chart of depreciation (Correct)
  • Asset class

Answer : Chart of depreciation

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

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

Your customer wants to clear minor payment differences for incoming payments automatically. Which objects do you have to use to fulfill this requirement?


Options are :

  • Tolerance groups for employees and tolerance groups for customers/vendors (Correct)
  • Tolerance groups for employees and tolerance groups for document types
  • Tolerance groups for G/L accounts and tolerance groups for customers/vendors
  • Tolerance groups for G/L accounts and tolerance groups for employees

Answer : Tolerance groups for employees and tolerance groups for customers/vendors

If a vendor is also a customer, it is possible to clear both roles against each other.Which settings are necessary to implement this? (Choose two)


Options are :

  • The "Clearing with Vendor" field must be selected in the customer account, and the corresponding field must be selected in the vendor account. (Correct)
  • The vendor and the customer must be assigned to the same group account
  • The payment program must be set up to allow debit checks for vendors and credit checks for customers.
  • The vendor number must be entered in the customer account or the customer number must be entered in the vendor account. (Correct)

Answer : The "Clearing with Vendor" field must be selected in the customer account, and the corresponding field must be selected in the vendor account. The vendor number must be entered in the customer account or the customer number must be entered in the vendor account.

What options do you have for posting an asset acquisition? (Choose three)


Options are :

  • Asset acquisition posted from Materials Management (Correct)
  • Asset acquisition posted via the payment program
  • Asset acquisition integrated with accounts payable (Correct)
  • Asset acquisition using a clearing account (Correct)

Answer : Asset acquisition posted from Materials Management Asset acquisition integrated with accounts payable Asset acquisition using a clearing account

What does the posting key control? (Choose three)


Options are :

  • Document type
  • Field status (Correct)
  • Account type (Correct)
  • Debit/credit indicator (Correct)

Answer : Field status Account type Debit/credit indicator

Which transactions in the procurement process with valuated goods receipt create documents in FI? (Choose two)


Options are :

  • Post valuated goods receipt (Correct)
  • . Create purchase order
  • Enter invoice receipt (Correct)
  • Create purchase requisition

Answer : Post valuated goods receipt Enter invoice receipt

Which interactive function is provided by the SAP List Viewer?


Options are :

  • Use of the report-report interface
  • Creation of worklists
  • Mass reversal
  • Creation of subtotals for specific values (Correct)

Answer : Creation of subtotals for specific values

Which parameters do you have to specify if you want to execute a payment run? (Choose two)


Options are :

  • Payment method (Correct)
  • Company code (Correct)
  • Currency
  • Bank account

Answer : Payment method Company code

A multinational enterprise acquires a company in a country which has local reporting requirements. The multinational enterprise wants to use 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 company code. (Correct)
  • Create a country-specific chart of accounts and assign it to the regular chart of accounts.
  • Create a group chart of accounts and assign it to the company code.
  • Create a country-specific chart of accounts and assign it to the group chart of accounts

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

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