Content:
The company code is the highest level in the SAP system hierarchy. False True.
Each business area is to be regarded as a financially separate unit for which an
internal balance sheet and profit and loss statement can be created. True False.
The chart of depreciation is always country-specific. True False.
The depreciation areas are defined with a two-digit alpha numeric key. True False.
In the asset master record,you can assign the following cost accounting objects : Cost center Internal order (Real or statistical) Activity type.
It is possible to assign an asset to two cost centers. True False.
The asset class consists of a master data section and a depreciation area section. True False.
Several charts of depreciation can also be assigned to an asset class. True False.
The Plant Maintenance (PM) component is used for the technical management of
assets. True False.
The Treasury (TR) component is used to manage financial assets. True False.
You can not specify the attributes
of each individual depreciation area. True False.
Asset subnumbers can have their own individual depreciation terms. True False.
Assets under construction (AuC) require a separate asset class and corresponding G/L account, because they have to be shown separately in the balance sheet. True False.
Even after an asset under construction has been fully capitalized, you can still post
credit memos to it. However, you have to allow ----------------- APC.
You can choose whether to manage low value assets (LVAs) using individual
management or collective management.For each type of management, you have to set up a separate asset class. True False.
If you choose collective management of LVAs, you have to enter a base unit of
quantity in the asset class. True False.
You can enter the maximum allowed amount for each company code for LVAs True False.
In PM-AA function,the equipment type is determined on the basis of the asset class. True False.
You can also report separately on accumulated depreciation and book values for previous fiscal years for individual asset subnumbers. True False.
You can post an asset acquisition using a CO order. True False.
The posting date and asset value date must always be in the same fiscal year True False.
The transaction type specifies which of the following are updated: Asset balance sheet accounts Depreciation areas Value fields Asset classes.
How many phases are there for the assets you produced yourself ? Under construction phase Useful life phase Before construction phase.
Individual calculation methods : Base method Declining-balance methods Maximum amount methods Multilevel methods Period control methods All correct.
Only one validation/substitution can be activated for one company code for a
callup point. True False.
Validation consists of several steps (up to 999 are possible), each with 3 parts:
? 1.Prerequisite
? 2.Check
? 3.Message True False.
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