SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP6 (C_TFIN52_66) Free Practice Test

Question 1

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. Sort variant

B. Valuation area

C. Sort key

D. Depreciation area

Correct Answer: A

Question 2

What do you define when you configure a dunning procedure?

A. Dunning levels and account determination to post dunning interest

B. Dunning charges for each dunning level and customers to be dunned

C. Dunning levels and dunning charges for each dunning level

D. Dunning levels and the language of the dunning note

Correct Answer: C

Question 3

The head of accounts receivable requires that all items posted to individual customer accounts are posted to their headquarters.
Which function do you have to use to fulfill this requirement?

A. Head office and branch account

B. Cash management group

C. Single bank account

D. Alternative payer/payee

Correct Answer: A

Question 4

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

A. Master data cannot be changed after creation.

B. Master data must be assigned on company code level.

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

D. Master data is a template for transactional data.

E. Master data is typically assigned to organizational levels.

Correct Answer: C,E

Question 5

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 two retained earnings accounts and assign them to your P&L accounts.

B. Assign the Segment Reporting scenario to your leading ledger.

C. Activate cost of sales accounting.

D. Define a retained earnings account.

Correct Answer: B,D

Question 6

Your customer's Accounting department informs you that the company issues checks. They need to easily differentiate payments made by check.
How can you facilitate this requirement?

A. Use the payment method for checks.

B. Customize a line item report that filters data according to the text field, and instruct users to enter the word "Check" in the field when entering such payments.

C. Use the payment term for checks.

D. Create an additional field in the coding block called Check.

Correct Answer: A

Question 7

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. Field status variant

B. Document type

C. Currency key

D. Tolerance group

Correct Answer: B

Question 8

A customer requires a balance sheet per segment but does not require a balance sheet per profit center. You discuss the features of segments and profit centers with him.
Which features can you highlight? (Choose three)

A. You can post in FI directly to a segment.

B. You can assign the segment to the asset master record.

C. Segments are derived from profit centers in the standard system.

D. You can assign a segment to a cost accounting object such as a cost center or internal order.

E. You can assign the segment to the material master.

Correct Answer: A,B,C

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SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP6 (C_TFIN52_66) Free Practice Test