Each company code is an independent accounting unit. True False.
Which of the following original Management Accounting objects can you assign in the asset master record? Choose 3 correct answers. Activity type Cost element Order Cost centre.
It is possible to assign an asset to 2 cost centres. True False.
You can assign a FSV for each depreciation area so that you can display financial statement items in asset reports. True False.
Which of the following control data is carried by asset classes? Choose 3 correct answers. Number range interval Insurance type Account determination Screen layout.
An asset class can be linked to only a single chart of depreciation. True False.
Asset classes are created at client level. True False.
An essential function of account determination in the asset class is to establish a link between the asset master records, their values, and the G/L accounts to which the related asset values and depreciation are posted. True False.
The number range controls the assignment of the asset master record number. True False.
Which of the following parameters are controlled by the screen layout? Choose 3 correct answers. Field selection Maintenance level Reference Number range.
The maintenance level of the depreciation screen layout rules guarantees that depreciation is controlled uniformly. True False.
You can also enter down payments on an asset under construction (AuC) in accounts payable accounting processes. True False.
Low value assets cannot be managed collectively, regardless of the number of assets per master record. True False.
You can create an asset master record using an asset class or using any other asset as a reference. True False.
When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset? Choose 3 correct answers. Description of the asset License plate number Inventory number Cost centre.
The system does not create a change document every time you change an asset master record. True False.
Identify some of the fields related to the depreciation area in the asset master record. Choose 3 correct answers. Depreciation start Asset description Useful life Scrap value.
To carry out mass changes, you can edit a worklist from the FI-AA application menu. True False.
Every transaction in customer and vendor accounts in the accounts payable (AP) and accounts receivable (AR) subledgers and in the asset accounts has a direct effect on the corresponding accounts of the general ledgers. True False.
The system stores the depreciation start date in the depreciation areas of the asset master record. True False.
The posting date and the asset value date need not be in the same fiscal year. True False.
With the new G/L Accounting and activated document splitting, the program SAPF18 is no longer required. True False.
After the activation of the Profit Center and Segment account assignment objects, these items are also available in the screen layout for asset master data. True False.
There is no check for unique profit centre and segment assignment directly in the asset master data (up to SAP ERP 6.0 EHP4). True False.
To display the Profit Centre and Segment fields in the asset master data, EHP5, business function FIN_GL_REORG_1 and the activation of Segment Reporting in FI-AA is not needed. True False.
The new fields profit centre and segment are also available in the definition of substitutions or validations for Asset Accounting (FI-AA). True False.
The production run of the program FAGL_ASSET_MASTERDATA_UPD can only be started in the background, and the program produces 2 spool lists. True False.
Which of the following logistic processes are involved in asset acquisition with materials management (MM)? Choose 3 correct answers. Purchase requisition Purchase order Goods receipt Inventory receipt.
You can create an asset master record when posting a procurement document. True False.
If the goods receipt is not valuated, the asset is capitalized during invoice verification. True False.
The values of the accounts for revenue from asset sales and clearing asset retirement can be shown in notes to the financial statement. True False.
On what basis does the system determine the period for the asset retirement? Choose the correct answer. Asset value date (asset retirement date) Net book value.
When you use the new value method in transaction ABT1N, the system capitalizes the amount of the sales revenue on the target asset. True False.
In transaction ABT1N, the system automatically determines the relationship type between company codes using the company IDs of the Company Codes. True False.
Using the transfer variant, it is possible to determine the transaction types which the transfer is recorded in the source and the target asset. True False.
When you capitalize the asset under construction (AuC), you can transfer the values to one or more completed assets. True False.
What are the 2 phases of AuC that are relevant to Asset Accounting? Under-construction phase Useful life phase Assets transfer phase Accounting phase.
When you enter the relevant transaction type during execution of unplanned depreciation, the system recognizes that you want to perform manual depreciation. True False.
You can select the depreciation areas for which you want to enter depreciation while posting unplanned depreciation. True False.
Depreciation areas are identified in the system by two-character numeric keys. True False.
The usage of which of the following depreciation types can be activated per depreciation area? Choose 3 correct answers. Ordinary depreciation Special depreciation Unplanned depreciation Scheduled depreciation.
Which of the following methods does the depreciation key define? Choose 3 correct answers. Multilevel method Period control method Base method Asset sheet valuation method.
Which of the following parameters can be changed on a time-dependent basis? Choose 3 correct answers. Depreciation key Useful life (year or period) Variable depreciation portion Depreciation start date.
You can use index series for indexing the acquisition value and thus calculate a replacement value. True False.
Which of the following are posted in the program RAPOST2000? Choose 3 correct answers. Ordinary depreciation such as book depreciation or imputed depreciation Unplanned depreciation or other manually planned depreciation Imputed interest Parallel APC values.
You can start the fiscal year change program during the last posting period of the current year. True False.
The year-end closing program RAJABS00 checks if depreciation and asset balances are posted in full. True False.
All reports allow you to sort and total data in different ways using definable sort criteria. True False.
Which of the following functions include the important functions of the SAP List Viewer tool? Choose 3 correct answers. Setting filters Defining print parameters Deleting and inserting columns Calculating totals and subtotals.
Which of the following options are included in the Asset Explorer? Choose 3 correct answers. Drill down to Financial Accounting (FI) document Post documents Display depreciation calculation Drill down to reports.
The asset history sheet is an important and comprehensive year-end or intermediate report. True False.
Reports can be included in the role-based user menus. True False.
In the Financials information system, you can evaluate the posted data as soon as it has been entered in SAP ERP and trace the origin of the data right down to document level. True False.
Which of the following is used to save a predefined set of parameters for a report? Choose the correct answer. SAP List Viewer Report Painter Report Variant Drilldown Reporting.
Which are the 2 types of selection variables available? Table Report Dynamic date calculations Text.
The SAP List Viewer is a generic display tool that creates a standard _________ from predefined data. Choose the correct answer. sequential list ergonomic list hierarchical list.
You can develop powerful data mash-ups by using SAP Crystal Reports. True False.
When you view an open item list for a past key date, the items that have subsequently been cleared are shown as closed, even if the key date selected is before the item was cleared. True False.
When you choose open items, you can choose items that are or were open at a specific time. True False.
Using the sort field in the G/L account master data, you can specify what information is posted on the assignment field. True False.
You can use the Report Painter to create the drilldown report forms required for drilldown reports in Financials. True False.
The functions of drilldown reporting are divided into _______ levels. Choose the correct answer. 2 3 4 5.
You can define exceptions for any key figure not only in a cell but also in an entire column of a report. True False.
Identify the analytical functions in drilldown reporting. Choose 3 correct answers. Cumulative curve Exception graph ABC analysis Classification.
Using a graphical drilldown report, you can show a detail list and a drilldown list on the same screen. True False.
You can use selection variants to execute reports in the background. True False.
When you _______ a report, the system either selects the data from the database or reads it from a buffer (COIX_DATA). Choose the correct answer. create delete modify execute.
If you create a variable that can be used only in a special form or report, which type of variable have you created? Choose the correct answer. Local variable Global variable Report variable Form variable.
If you want the text in the rows or columns to be defined by variables and not be fixed, you have to use a text variable. True False.
The content of a cell is usually determined by the row and the column for which it is the point of intersection. True False.
The formula cell type is provided when you have defined at least one _______ that can be included in the formula. Choose the correct answer. cell row column text.
In a characteristic hierarchy, each value can appear _______ throughout the entire hierarchy. Choose the correct answer. once two times multiple times.
Which of the following can you call from within a drilldown report? Choose 3 correct answers. Other drilldown reports SAP Executive Information System (EIS) report portfolio reports A web page A transaction.
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