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NEW QUESTION # 39
What is the purpose of the chart of depreciation?
- A. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
- B. The chart of depreciation defines the asset classes for which you can create fixed assets
- C. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
- D. The chart of depreciation manages country-specific legal valuation of fixed assets
Answer: D
NEW QUESTION # 40
You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles.
How can you set this up in the system?
- A. Define two valuation areas and two accounting principles with relevant links to ledgers.
- B. Define two valuation methods and assign the accounting principles to the new valuation methods.
- C. Define a valuation area and extension ledger to link with the new valuation area.
- D. Define a valuation area and ledger group for two ledgers to ink with the new valuation area.
Answer: B
NEW QUESTION # 41
Which of the following are the month-end closing activities for external purposes? Choose the correct answers. 3
- A. Post goods issues for deliveries to customers
- B. Create external and internal reports
- C. Close the old period
- D. Perform foreign currency valuations
Answer: B,C,D
NEW QUESTION # 42
Identify the application areas where validations and substitutions can be used. Choose the correct answers. (2)
- A. SD - Sales and Distribution
- B. Fl - Financial Accounting
- C. CO - Cost Accounting
- D. AA-Asset Accounting
Answer: B,C
NEW QUESTION # 43
Which of the following original Management Accounting objects can you assign in the asset master record? Choose the correct answers. 3
- A. Order
- B. Activity type
- C. Cost element
- D. Cost center
Answer: A,B,D
NEW QUESTION # 44
Which information is checked by the system before a general ledger account k archived?
- A. The Blocked for Posting indicator is set in master data.
- B. The Open item Management indicator is set in master data
- C. The Mark for Deletion indicator is set in master data
- D. The assigned group account is already archived.
Answer: C
NEW QUESTION # 45
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.
- A. Document type
- B. Company code
- C. Account type
- D. Ledger
Answer: B,D
NEW QUESTION # 46
During which actions does the system assign the document number for Financial Accounting? There are 2 correct answers to this question.
- A. Hold
- B. Simulate
- C. Post
- D. Park
Answer: C,D
NEW QUESTION # 47
You are starting the fiscal year-end process in Asset Accounting in SAP S / 4HANA.
What are the year-end closing program checks for Asset Accounting? There are 2 correct answers to this question.
- A. Fixed asset fiscal year changes is complete.
- B. Assets are complete and error free
- C. The general ledger and subledgers are closed
- D. Depreciation is posted in full
Answer: B,D
NEW QUESTION # 48
Which field can you change on a posted invoice?
- A. Special G/L indicator
- B. Tax code
- C. Cost center
- D. Payment terms
Answer: D
NEW QUESTION # 49
You are configuring asset-related postings of depreciation areas in Asset Accounting. Which of the following settings is "NOT" permitted?
- A. Area posts revaluation only
- B. Area does not post
- C. Area posts depreciation only
- D. Area posts in real time
Answer: A
NEW QUESTION # 50
You want to create a substitution in financial accounting. What parts do you have to define for each step of the substitution? There are 2 correct answers to this question
- A. Prerequisite.
- B. Message
- C. Replacement
- D. Check
Answer: A,C
NEW QUESTION # 51
Which parameters can you specify directly when you create a new correspondence type? Note: There are 3 correct answers to this question.
- A. Document number required
- B. Number of date fields required
- C. Reason code required
- D. Account required
- E. company code required
Answer: A,B,D
NEW QUESTION # 52
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight? There are 2 correct answers to this question.
- A. It is possible to post special tax depreciation and investment support for assets under construction.
- B. It is impossible to use assets under construction with Investment Management.
- C. It is possible tocalculate and post depreciation in the balance sheet depreciation area for assets under construction.
- D. It is possible to post credit memos, even after assets under construction are fully capitalized.
Answer: A,D
NEW QUESTION # 53
Which currency valuation program is replaced by FAGL_FCV? Choose the correct answer.
- A. SAPF100
- B. FAGL_VALUATION
- C. SAPF130K
- D. FAGL_FC_VALUATION
Answer: D
NEW QUESTION # 54
Which of the following statements apply to the special general ledger types of noted items? Choose the correct answers. (3)
- A. Noted items are posted to an alternative reconciliation account.
- B. The account for the offsetting entry is selected automatically.
- C. No zero-balance check is made in the system.
- D. No postings are made on an offsetting account.
- E. No special general ledger indicators of your own can be created of this type.
Answer: A,C,D
NEW QUESTION # 55
What are the maintenance levels of a screen layout rule for asset classes?
- A. Main asset number, subnumber. depreciation area
- B. Depreciation area, asset class, main asset number, subnumber
- C. Asset class, main asset number, subnumber.
- D. Asset class, depreciation area, main asset number, group asset
Answer: C
NEW QUESTION # 56
Your customer wants the values for a special group of assets to be shown separately in the general ledger.
Which objects do you create in Customizing for Asset Accounting? Note: There are 2 correct answers to this question.
- A. Depreciation area
- B. Account determination key
- C. Asset class
- D. Financial statement version
Answer: B,C
NEW QUESTION # 57
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