SAP C_TFIN52_66 Online Practice Questions and Exam Preparation

SAP C_TFIN52_66 Online Questions & Answers

• Question 31:

  Which factors determine the fiscal year variant you would assign to a company code? (Choose two)

  A. The need to control which periods are open for posting for specific user groups
  B. The existence of a shortened fiscal year
  C. The fiscal year start and end period of the company
  D. The use of a specific fiscal year variant by other company codes on the client
  E. The need to control which periods are open for posting for the company code
  B. The existence of a shortened fiscal year
  C. The fiscal year start and end period of the company

• Question 32:

  What do you define when you configure a dunning procedure?

  A. Dunning levels and dunning charges for each dunning level
  B. Dunning levels and account determination to post dunning interest
  C. Dunning charges for each dunning level and customers to be dunned
  D. Dunning levels and the language of the dunning note
  A. Dunning levels and dunning charges for each dunning level

• Question 33:

  Which elements of a customer account are created when you maintain the account decentralized in Financial Accounting?

  A. General data, company code data, and purchasing organization data
  B. General data and company code data
  C. General data, company code data, and sales area data
  D. General data and sales area data
  B. General data and company code data

• Question 34:

  How do you implement parallel accounting in Asset Accounting?

  A. By using two asset classes
  B. By using an extra chart of accounts
  C. By using two depreciation areas
  D. By using two different charts of depreciation
  C. By using two depreciation areas

• Question 35:

  Which function can you use to generate inter-company posting documents? (Choose two)

  A. Intercompany asset transfer
  B. Central currency valuation
  C. Central payment
  D. Intercompany dunning
  A. Intercompany asset transfer
  C. Central payment

• Question 36:

  In your leading ledger (ledger solution), balance sheets must be created for company codes and segments. Which Customizing settings do you need to make? (Choose two)

  A. Define a retained earnings account.
  B. Define two retained earnings accounts and assign them to your PandL accounts.
  C. Assign the Segment Reporting scenario to your leading ledger.
  D. Activate cost of sales accounting.
  A. Define a retained earnings account.
  C. Assign the Segment Reporting scenario to your leading ledger.

• Question 37:

  If a vendor is also a customer, which settings are necessary to clear both roles against each other? (Choose two)

  A. The payment program must be set up to allow debit checks for vendors and credit checks for customers.
  B. The Clearing with Vendor field must be selected in the customer account, and the corresponding field must be selected in the vendor account.
  C. The vendor and the customer must be assigned to the same group account.
  D. The vendor number must be entered in the customer account, or the customer number must be entered in the vendor account.
  B. The Clearing with Vendor field must be selected in the customer account, and the corresponding field must be selected in the vendor account.
  D. The vendor number must be entered in the customer account, or the customer number must be entered in the vendor account.

• Question 38:

  To which of the following does an asset class apply?

  A. To all company codes in a controlling area
  B. To all company codes in an instance (client-independent)
  C. To all company codes in a client
  D. To all company codes within a client, which share the same chart of accounts
  C. To all company codes in a client

• Question 39:

  For reports in Asset Accounting, which object do you have to use and, where necessary, customize to determine the sort level and/or the summation level?

  A. Depreciation area
  B. Sort key
  C. Sort variant
  D. Valuation area
  C. Sort variant

• Question 40:

  What do you define when you set up a depreciation area?

  A. The posting to the general ledger
  B. The company code in Asset Accounting
  C. The account determination
  D. The asset number ranges
  A. The posting to the general ledger