SAP SAP Certifications C_TFIN52_65 Questions & Answers

• Question 11:

  At the end of a fiscal year the system carries forward the balance of certain accounts to a special retained earnings account and sets them to zero.

  Which accounts are treated in such a manner?

  A. Balance sheet and profit accounts

  B. Profit accounts

  C. Balance sheet accounts

  D. Accounts only managed on the basis of open items

  Correct Answer: B

• Question 12:

  A vendor sends an invoice to a company which contains expenses for two company codes. You post the vendor item to the receiving company code, then the expense, and finally a cross-charge to the other company code.

  How are the taxes posted?

  A. Taxes are posted to the company code where the larger part of the expense is posted.

  B. Taxes are posted to the company code where the vendor item is posted.

  C. Taxes are not posted automatically, and will therefore have to be posted manually.

  D. Taxes are posted to both company codes in proportion to the expenses.

  Correct Answer: B

• Question 13:

  A multinational concern acquires a company in another country which has local reporting requirements. They are using one operational chart of account for all companies.

  How can you fulfill this country-specific requirement?

  A. Create a country-specific chart of accounts and assign it to the regular chart of accounts.

  B. Create a country-specific chart of accounts and assign it to the group chart of accounts.

  C. Create a country-specific chart of accounts and assign it to the company code.

  D. Create a group chart of accounts and assign it to the company code.

  Correct Answer: C

• Question 14:

  You entered a G/L account posting and received an error message saying that account type D (customer) is not allowed.

  Which object causes this error?

  A. Currency key

  B. Field status variant

  C. Tolerance group

  D. Document type

  Correct Answer: D

• Question 15:

  Your customer runs an SAP system with New General Ledger Accounting activated. They want to run a valuation of accounts receivable that are posted in foreign currency.

  What do you have to do?

  A. Set up a valuation method and assign it to a valuation area.

  B. Post the valuation differences manually at the period end.

  C. Set up the Valuation Cockpit to perform this task.

  D. Set up a new exchange rate type.

  Correct Answer: A

• Question 16:

  Which characteristics of account determination can be used to assign realized exchange rate differences to different G/L accounts? (Choose three)

  A. Currency

  B. Reconciliation account

  C. Valuation key

  D. Valuation method

  E. Chart of accounts

  Correct Answer: ABE

• Question 17:

  Which of the following activities will generate an FI document if real-time integration between CO and FI has been set up? (Choose two)

  A. A distribution between cost centers that reside in two different controlling areas

  B. An assessment between cost centers that belong to two different company codes

  C. A subsequent change of a segment in a CO document

  D. An assessment between cost centers in one company code with different functional areas

  E. A test run of the settlement run of an asset under construction to a G/L account

  Correct Answer: BD

• Question 18:

  Your customer wants to use the Closing Cockpit for period end closing.

  What major benefits of the Closing Cockpit do you highlight? (Choose two)

  A. It closes the posting period automatically at the last day of the period.

  B. It optimizes legacy data transfer.

  C. It provides a complete documentation of the activities performed at period end closing.

  D. It enables the use of a task list covering all closing activities.

  Correct Answer: CD

• Question 19:

  When dealing with Financial Statement Versions (FSVs), how do you ensure that the requirements of the various target groups (for example auditors, tax authorities, and banks) are satisfied?

  A. Create different FSVs based on the needs of the target group.

  B. Create different versions of the same FSV.

  C. Create one FSV and enhance it with different sets of notes.

  D. Create one FSV, then save different variants based on the needs of the various groups.

  Correct Answer: A

• Question 20:

  What are the benefits of using the accrual engine? (Choose three)

  A. The accrual engine calculates the accrual amounts automatically.

  B. The accrual engine supports parallel accounting.

  C. The accrual engine can correct accruals in the previous month even if that period is closed.

  D. The accrual engine is client-independent.

  E. The accrual engine can simulate planned future accruals.

  Correct Answer: ABE