We can modify the chart of depreciation to fit our requirements (for example, global, industry-specific, or country-specific). Yes No. SAP provides model charts of depreciation for many countries but we can also define our own chart of depreciation (by copying and changing). Yes No. Each company code uses how many chart of accounts and chart of depreciation. one chart of accounts and one chart of depreciation mutiple chart of accounts and one chart of depreciation. The depreciation areas are defined with --------------- numeric key. This numeric
keys represent depreciation terms that you can enter in the --------------- or
in the ------------------. 2 digit numeric key,asset master record or asset classes 3 digit numeric key,general ledger or asset classes. Other depreciation areas may show different valuation approaches:choose the right valuations from below. Book depreciation in group currency Difference between book and country-specific tax-based depreciation Consolidated versions in company code or group currency Values or depreciation that differ from area 01 Country-specific valuation (for example, net-worth tax, state calculation). Depreciation areas are created in SAP R/3 to manage different ? Depreciation terms Valuation approaches Assets. When is a company code available for use by Asset Accounting.check all the options
that make the company code available for AA. The company codes must be set up in Financial Accounting first Assign the chart of depreciation to the company code The necessary data for asset accounting is added to the company code Create the depreciation areas in chart of depreciation Add the asset classes to asset master records. In the master record, you can assign the following (original) Cost Accounting
objects to an asset: Cost center Activity type Profit center Internal order(Real or statistical). The depreciation(costing-based) from each depreciation area in Cost Accounting can be posted to:(Two options are correct) cost center,? a (real) order,? a cost center and a statistical order,?WBSelement a cost center and a statistical WBS element ?,a Real Estate object,? objects from PSM (Public Sector Management) cost center,a real and statistical order,two different cost centers,WBS element. It is possible to assign an asset to two cost centers Yes No. 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. company code level,chart of accounts,general data section and master data section. client level,chart of depreciation,master data section and depreciation area section. can we suppress individual depreciation areas in each asset class Yes No. The depreciation attributes for the assets choosed to be specified by the system Are changable Are not changable. Choose the correct sentences.... If the depreciation attributes are specified by the system, they are not changeable. Several charts of depreciation can also be assigned to an asset class Various company codes can be assigned to the chart of depreciation The sample chart of accounts provided by SAP cannot be adapted to meet
your own requirements. ----------------are the most important means of structuring fixed assets according
to the requirements of your enterprise. The asset class definitions apply to all company codes in a client.
True False. The master data section of ASSET CLASS consists with control data and default values for the administrative data in the asset master record Yes No. A valuation section of ASSET CLASS consists with control parameters and default values for valuation and depreciation terms True Flase. Choose the correct from the following.... It is recommended that you define as many asset classes as you have assets with different types of valuatio The asset class is a selection criterion in all standard reports in FI-AA. Before creating asset classes you should design your asset class catalog and ensure that the relevant G/L accounts exist in FI. When you create asset master records, this data is automatically adopted from the asset class you specify. 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. True False. 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. True False. 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. The -------------- specifies which input fields are displayed in the asset master
record,. The ---------------- specifies the master data level at which each field can
be maintained. Possible maintenance levels are Asset class sub asset number Main asset number sub number. 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. What are screen layout rules that SAP system supplies in the standard system. 1000 3000 2000 4000. --------------------------- require a separate asset class and corresponding
G/L account, because they have to be shown separately in the balance sheet. What depreciation key is used to ensure that depreciation is not calculated for
assets under construction in depreciation areas for the balance sheet. 1000 2000 0000. What depreciation key is used to ensure that depreciation is not calculated for
assets under construction in depreciation areas for the balance sheet. 1000 2000 0000. Several asset classes can use the same account determination key if they use the
same ----------------------- and post to the same -----------------.
. What is the quickest option of creating new asset classes. creation of new asset classes by copying it from the existing asset classes genaration of new asset classes from GL accounts . What are the fields that can be used as selection criteria in reporting from the below given options. Evaluation groups: These are asset master data fields for which the user
can specify use and meaning.
Environmental protection indicator: Here you can enter a measure taken to comply with environmental protection laws. Reason for investment: In this master record field, you can enter a reason for the investment. Transaction types are used with every postings. They identify ----------------,----------- and -----------------. what are the depreciation terms that are mainly used as additional parameters in the cost-accounting depreciation area. index variable depreciation portion scrap value. Reason for not making integrated postings: The invoice arrived before the asset The asset has already been delivered but the invoice has not.
.
