Which of the following methods can be used to transfer Asset Accounting (FI-AA)
legacy data?
There are 3 correct answers to this question. For a very large quantity of legacy data, use the direct input procedure (program
RAALTD11) For a large to very large quantity of legacy data, use the legacy data transfer using a
BAPI interface For a small quantity of legacy data, use AS100. For a manageable quantity of legacy data, use the manual transaction code AS91 and
ABLDT For a large quantity of legacy data, use batch input procedure (program RAALTD01).
Which of the following options can you use to change the G/L account master data
using collective processing?
There are 3 correct answers to this question. Change chart of accounts data Change client level data Change company code data Change account descriptions.
On what basis does the system determine the period for the asset retirement?
Please choose the correct answer. Asset value date (asset retirement date) Net book value.
Which of the following information is entered in the chart of accounts segment of a
G/L account?
There are 3 correct answers to this question. Currency fields Account number Control fields Consolidation fields.
Which functions allow you to temporarily save the entered data?
There are 2 correct answers to this question. Save function Hold function Insert function Parking function.
Which of the following procedures are available to check the balance of receivables
and payables in balance confirmations?
There are 3 correct answers to this question. Balance adjustment Balance request Balance notification Balance confirmation.
You need to perform mid-year legacy system migration for assets in a new
company code. Which data must you migrate?
Note; There are 3 correct answers to this question. Current year posted depreciation Current year asset acquisition transactions Accumulated depreciation per cost center Fully depreciated fixed asset master records Closed year asset sale transactions.
What does the year-end closing program in Asset Accounting do?
Note: There are 3 correct answers to this question. It posts all remaining depredation and imputed interest. It indicates if any of the created asset master records contain errors or are incomplete. It blocks all postings to Asset Accounting for the closed fiscal years. It checks whether the depreciation is posted completely for the fiscal year. It settles all assets under construction with values and maintained settlement rules.
Which of the following components make up an archiving object?
There are 3 correct answers to this question. Customizing settings Data declaration part Variables Programs.
Which is the first step in the procedure of making down payments in the customer
area?
Please choose the correct answer. Down payment received Down payment request Customer invoice Clearing.
Your customer wants to use data aging for the universal journal. Which criteria can
you use to decide which data is moved to the historical partition?
Note: There are 2 correct answers to this question. Account type Ledger Document type Company code.
You need to make the line item text field mandatory during document entry. Which
objects should you analyze to fulfill this request?
Note: There are 2 correct answers to this question. Account group G/L account Posting key Document type.
You need to use foreign currency valuation in the ledger solution. Which objects
must you define in Customizing?
Note: There are 3 correct answers to this question. Simulation extension ledger Value adjustment keys Account determinations Valuation areas Accounting principles.
Within the line items of Fl documents, what does the posting key control?
Note: There are 3 correct answers to this question. The field status of additional details Whether the item is posted as a debit or credit The account type to which the line item can be posted Whether the item is posted with reference to primary or secondary cost element The account group to which the line item can be posted.
A vendor is also a customer. The payment program has to clear the open items.
Which setting has to be maintained for the business partner? The account link The alternative payer and payee The same payment method The same bank details.
Which tasks are stages of dunning execution?
Note: There are 2 correct answers to this question. Schedule the dunning run. Schedule the dunning intervals. Maintain the dunning levels Maintain the dunning parameters.
Which of the following has to be created and assigned to an organizational
structure before the Financial Closing Cockpit can be used?
Please choose the correct answer. Flow definitions Subfolders Programs Task list template.
Identify the callup points that have been provided for Financial Accounting (FI).
There are 3 correct answers to this question. Document header Complete Document Controlling area Document line Organizational unit.
Which of the following parameters are controlled by the screen layout?
There are 3 correct answers to this question. Field selection Number range Reference Maintenance level.
Which of the following lists support the dunning clerkâs work?
There are 3 correct answers to this question. The dunning list The dunning history list The blocked accounts list The list of vendor balances in local currency.
Your customer- performs pre-closing activities on the last day of the month. Which
activities are typically executed during pre-closing?
Note: There are 2 correct answers to this question. Process bad debt expenses for accounts receivable. Perform foreign currency valuation for accounts payable. Create the asset history sheet for asset accounting Post recurring entries for the general ledger.
Which activities can you perform with a recurring journal entry?
Note: There are 2 correct answers to this question Determine the number of postings. Create monthly postings on any date of a month. Obtain an overview of related future postings. Set rules to distribute amounts to be posted.
Which of the following are the different history sheet groups that each version of
asset history sheets can contain?
There are 3 correct answers to this question. Imputed interest Acquisitions Reposting Book values at the end of the fiscal year.
How can you post accruals?
Note: There are 3 correct answers to this question. Post manually at the end of a period, quarter, or year. Execute the periodic accrual run. Use the recurring entry program. Run the depreciation program. Reclassify the receivables and payables.
Which of the following statements are correct?
There are 2 correct answers to this question. A task can be assigned only one possible processor. It is possible to design multilevel workflow sequences. A company code can be assigned several workflow variants. The same workflow variant can be assigned to several company codes.
Which prerequisite must be met by the technical clearing account for integrated
asset acquisition? The account is a profit-and-loss account that must be open item managed. The account is a reconciliation balance sheet account for fixed assets. The account is assigned in the asset account determination for each valid depredation
area. The account is created for all active company codes of the client.
What is the maximum dunning level that can be assigned to a dunning procedure?
Choose the correct answer. 9 11 1 7.
What is the correct order of steps when you use the SAP I financial Closing Cockpit? Create tasks 2. Define dependencies 3 Create task list 4. Create template 5.
Release task list 1. Create tasks 2. Define dependencies 3. Create template 4. Create task list 5
Release task list 1 Create template 2 Create tasks 3. Create task list 4. Define dependencies 5. Release
task list 1 Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release
task list.
Which of the following standard correspondence types can you use to exchange
information with customers and suppliers? Invoices Dunning letters Payment notices Bill of exchange charges statements.
You use the ledger approach for parallel accounting in Asset Accounting.
Depreciation area 01 is assigned to the leading ledger for an area 01 is assigned to
the leading ledger for leading valuation and depreciation area 32 is assigned to the
non-leading ledger for parallel valuation.
What posting option should you choose for depreciation area 32? Area Does Not Post Area Posts in Real Time Area Posts Depreciation Only Area Posts APC Immediately, Depreciation Periodically.
For which activities can you use an extension ledger? Adjustments for consolidation purposes Parallel valuation of depreciation areas Simulation of foreign currency valuation Configuration of custom fields for financial statements.
Which is the first step in the procedure of making down payments in the customer
area?
Please choose the correct answer. Clearing Customer invoice Down payment received Down payment request.
Which of the following options can you use to change the G/L account master data
using collective processing?
There are 3 correct answers to this question.
Response: Change account descriptions Change client level data Change chart of accounts data Change company code data.
Within the line items of Fl documents, what does the posting key control?
Note: There are 3 correct answers to this question. The account group to which the line item can be posted Whether the item is posted as a debit or credit The field status of additional details The account type to which the line item can be posted.
What must you do when you set up depreciation areas? Define the valid depreciation keys for each depredation area. Define the relevant asset classes for each depreciation area Assign leading depreciation area 01 to leading ledger OL. Assign an accounting principle for each depreciation area.
What object determines the number range for business partner master data? Business partner role Business partner category Business partner type Business partner grouping.
In which of the following segments of a customer or vendor master record can you
enter the terms of payment?
There are 3 correct answers to this question. Purchasing organization segment Client level segment Company code segment Sales area segment.
Which of the following statements apply to the special general ledger types of
noted items?
There are 3 correct answers to this question. No zero-balance check is made in the system. Noted items are posted to an alternative reconciliation account The account for the offsetting entry is selected automatically. No special general ledger indicators of your own can be created of this type. No postings are made on an offsetting account.
Which of the following are the different history sheet groups that each version of
asset history sheets can contain?
There are 3 correct answers to this question Book values at the end of the fiscal year Reposting Imputed interest Acquisitions.
Which deployment option do you recommend to customers who want to always be
on the latest release of SAP S/4HANA? SAP S/4HANA Finance SAP S/4HANA Cloud SAP S/4HANA on-premise SAP S/4HANA with Central Finance.
You need to make the line item text field mandatory during document entry. Which
objects should you analyze to fulfill this request?
Note: There are 2 correct answers to this question. G/L account Posting key Document type Account group.
What is the recommended field status setting for fields in the customer-vendor
account groups in the Financial Accounting customizing? Display Hide Optional Required.
Question:
Which business scenarios can be handled with accrual and deferral postings? Monthly subscription to a financial newspaper One-time payment for fixing flooding damage One-time payment for one-year cloud storage service Monthly rent payments for an office building.
Identify some of the checks for archiving G/L accounts (master data). Are there (still) transaction figures (for example, have they already been archived)? Is the fiscal year closed? Are there (still) documents? Has a deletion indicator been set?.
Which currency types can you set in customizing activity "define setting for ledgers
and currency type"?
There are 2 correct answers to this question. Local Currency Transaction Currency Group Currency Material Ledger Currency.
Which of the following are SAP Fiori design principles?
There are 2 correct answers to this question Responsive Rational Routine Role-based.
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