SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP6 (C-TFIN52-66) Free Practice Test

Question 1

On which level do you define depreciation keys?

A. Chart of accounts

B. Asset class

C. Chart of depreciation

D. Company code

Correct Answer: C

Question 2

You entered a non-invoice-related credit memo and selected Net Due 30 Days as the term of payment. The Invoice Reference field is empty.
What effect does this have on the term of payment entered in the credit memo?

A. An error occurs.

B. The term of payment entered in the credit memo is replaced by the term of payment from the last valid customer invoice.

C. The term of payment entered in the credit memo is ignored during clearing.

D. The term of payment entered in the credit memo is used during clearing.

Correct Answer: C

Question 3

In the Data Entry view, what is the maximum number of line items in a single FI document?

A. 999

B. Unlimited

C. 99

D. 9999

Correct Answer: A

Question 4

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

A. Chart of accounts

B. Valuation key

C. Valuation method

D. Currency

E. Reconciliation account

Correct Answer: A,D,E

Question 5

You want to reconcile the amounts you have in a main bank G/L account in your system with the daily bank statement. You create a single intermediate G/L bank account for each bank. All transactions with the bank are posted through the intermediate account.
Which of the following indicators do you have to activate in the G/L account characteristics of the intermediate account? (Choose two)

A. Open item management

B. Line item display

C. Post automatically only

D. P&L statement account

E. Reconciliation account for account type Bank

Correct Answer: A,B

Question 6

Your customer has two company codes in the same client. Each company code has a different operational chart of accounts. The customer has a country-specific chart of accounts for each company code.
How does this influence how you create customer master records?

A. You have to create customer master records for each credit control area.

B. You have to create one master record for each customer.

C. You have to create customer master records for each chart of accounts.

D. You have to create customer master records for each country-specific chart of accounts.

Correct Answer: B

Question 7

Your customer wants to clear minor payment differences for incoming payments automatically.
Which objects do you have to use to fulfill this requirement?

A. Tolerance groups for employees and tolerance groups for customers/vendors

B. Tolerance groups for employees and tolerance groups for document types

C. Tolerance groups for G/L accounts and tolerance groups for customers/vendors

D. Tolerance groups for G/L accounts and tolerance groups for employees

Correct Answer: A

Question 8

What are the prerequisites for setting up cross-company-code cost accounting? (Choose two)

A. The same currency is used for all company codes.

B. The same fiscal year variant is used for all company codes.

C. The same variant for open periods is used for all company codes.

D. The same chart of accounts is used for all company codes.

Correct Answer: B,D

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SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP6 (C-TFIN52-66) Free Practice Test