SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP5 (C-TFIN52-65) Free Practice Test

Question 1

What options do you have for booking an asset acquisition? (Choose three)

A. Asset acquisition posted via the cash journal

B. Asset acquisition integrated with accounts payable

C. Asset acquisition posted via the accrual engine

D. Asset acquisition posted from Materials Management

E. Asset acquisition using a clearing account

Correct Answer: B,D,E

Question 2

Which of the following describe characteristics of master data? (Choose two)

A. It is typically assigned to organizational levels.

B. It cannot be changed after creation.

C. It is used on a long-term basis for multiple business processes.

D. It must be assigned on company code level.

E. It is a template for transactional data.

Correct Answer: A,C

Question 3

Which account assignment objects can be maintained directly in the asset master data in SAP ERP 6.0 EhP5 (Enhancement Package 5) with new G/L activated? (Choose two)

A. Asset network

B. Segment

C. Depreciation center

D. Profit center

Correct Answer: B,D

Question 4

What does the fiscal year variant control? (Choose two)

A. The number of periods (up to 16 posting periods including special periods)

B. The number of periods (up to 52 posting periods and special periods)

C. The number of special periods available in addition to the normal periods

D. The open periods (a period interval for closing and another one for day-to-day business)

Correct Answer: A,C

Question 5

Which of the following is a typical sequence of steps in a Purchase to Pay process?

A. Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification -> Payment

B. Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts -> Payment

C. Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification -> Payment

D. Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts -> Payment

Correct Answer: C

Question 6

What are the advantages of the Payment Medium Workbench (PMW)? (Choose three)

A. It can be used to change payment formats without modifying the programs.

B. It activates the automatic import of settings related to changes in payment transaction laws.

C. It can be used to create new payment formats.

D. It provides a uniform set of functions for all kinds of payment methods.

E. It automatically creates direct debits.

Correct Answer: A,C,D

Question 7

During reorganization, two cost centers are merged, and all future postings should go to only one of them. If postings are made to the wrong cost center in future FI-postings, your customer wants to ensure that the wrong cost center is automatically replaced by the correct one.
What will you recommend?

A. Define a substitution in FI with the wrong cost center as a prerequisite and the correct one as the substituted value.

B. Create a user-specific program to substitute the wrong cost centers automatically overnight.

C. Define two substitutions for the Line Item call-up point.

D. Define a validation in CO to ensure that the functional area is filled in the cost center master.

Correct Answer: A

Question 8

Which transactions in the procurement process with valuated goods receipt create documents in FI? (Choose two)

A. Create purchase requisition

B. Enter invoice receipt

C. Create purchase order

D. Post valuated goods receipt

Correct Answer: B,D

Welcome to TestSimulate

SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP5 (C-TFIN52-65) Free Practice Test