Test title:
Test Asset Accounting _TFIN52_1
Description:
Asset Accounting
Author:
Sandeep Shah
(Other tests by the same author)
Creation Date:
9/14/2007 10:18:28 AM
Category:
Computers
Number of questions: 39
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Content:
Asset Class:- The Asset Class Defination apply to all Company Code in Client True False.
When You Create Asset Master data is defaulted From Asset Class True False.
An essential Function of the asset Class is to establish link between the _____ & ________ . (Comma Seprated ).
Asset Class Consist of Following Section :- Page 31 Master Data Valuation Data Company Code Controlling.
Company Code Can Share Number Ranges . True False.
The Screen layout control in Asset Accounting . Master Data Maintenance Depreciation Calculation Master Data fieled allowed to be used as reference.
Possible Maintenance level are Asset Class Main Asset Number SubNumber Controlling Area Depreciation Area.
Number of Account Assignment object in R/3 Enterprise . Cost Center Co Internal Order WBS Element Real Estate Object Public Sector(IS-PS) Component. Depreciation Area.
Asset Subnumber Cant have their Own Individual Depreciation Term True False.
The layout defines The Number of Tab Pages Name of Tab Pages Field Group Asset Subnumber.
If the Company Code in Live ( Production Status ) Asset Class can be deleated Asset Class Can be Created.
Asset Under Construction require a seprate asset Class & Corresponding GL Account True False.
You Can Post Down Payment to AUC account even after Caitalisation . True False.
You Can manage LVA only using Individual Managment True False.
If You have to Choose Collective Management of LVA what is Must Quantity Check of Maximum amount in Depreciation Area Setting in Company Code.
Transaction Code for Overview of Asset Class is _______.
When Creating Asset Master Record , You Can modify following for Multiple Simmilar Asset Description of the Asset Inventory Number Business Area Cost Center All of the Above.
Depreciation Posting Can Take Place at Real Time Basis True False.
You Cant Assign external number assignment to Asset Subnumber True False.
Screen layout in asset Class specify Maintenance level at the Main Asset No Only ( not at subnumber level ) True False.
Incoming Vendor Invoice cant be entered in Asset Accounting True False.
Acquition of an Asset From Business Partner is Internal Acquistion External Acquistion.
The Following Information is automatically set in the Asset Master Record on First Acquistion Date of Asset Capitalisation Date of Inital Acquistion Acquistion Year & Period Posted Depreciation.
In Case of Integrated acquistion Vendor is displayed in Asset Master True False.
Asset Depreciation Date is determine From Capitalisation Date & Asset Class True False.
Asset Posting Date & Value date can be in diffrent Fiscal Year True False.
Transaction Type in Asset identify Acquistion Retirment Transfer.
Transaction Type Specifies which of the Follwing is Updated Asset Balance Sheet Account Depreciation Area Value Field.
You cant limit the Transaction Type to Specific Depreciation Area True False.
Transaction Type Groups are Fixed & Can be Changed True False.
Diffrent Ways of Posting Retirement of Asset With or Without Revenue With or Without Revenue As Full or Partial Retirement As Mass Retirement As Retirement of Several Asset.
Match the Transfer of Relationship Type 01 02.
Transfer Method Control the following How values are transferred from the source Company to Traget Company Grosss or Net Transfer Mathod Document Type.
Transfer is not Possible if the Company Code have diffrent depreciation Area & Chart of Depreciation True False.
After Manually Planned Depreciation is Posted FI Document is Created automatically True False.
Transaction Type for Unplanned Deprication is ________.
Depreciation Area are Identified in the System by Two Character Alpha Key Two Character Numeric Key Four Charcter Alpha Key Four Character Numeric Key.
Depreciation Area Cant be Created for Reporting Purpose Only True False.
You Can Calculate Depreciation if the Book Value is Negative . True False.
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