SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7 (C_TFIN52_67) Free Practice Test

Question 1

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?
Response:

A. Head office and branch account

B. Cash management group

C. Single bank account

D. Alternative payer/payee

Correct Answer: A

Question 2

What does the SAP Web AS provide? Please choose the correct answer. Response:

A. J2EE and ABAP in a single environment

B. Master data harmonization across SAP NetWeaver

C. Real-time data exchange with all SAP systems

D. Storage of all transactional documents in one single database

Correct Answer: A

Question 3

Which steps are necessary to run a payment program? (Choose three)

A. Start transfer of open items to the payment program

B. Maintain parameters

C. Start proposal run or payment run

D. Configure open item list

E. Schedule print

Correct Answer: B,C,E

Question 4

Which elements of a customer account are created when you maintain the account decentralized in Financial Accounting?
Please choose the correct answer.
Response:

A. General data, company code data, and purchasing organization data

B. General data, company code data, and sales area data

C. General data and company code data

D. General data and sales area data

Correct Answer: C

Question 5

You post a G/L document. For the Text field, the field status of the posting key is set to Required Entry and the field status of the G/L account is set to Hidden Entry. What happens during posting?

A. An error message is shown.

B. The Text field is hidden.

C. A warning message is shown.

D. The document is posted.

Correct Answer: A

Question 6

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 asset number ranges

D. The account determination

Correct Answer: A

Question 7

Which of the following status symbols are used in customer and vendor line item lists? (Choose three)

A. Overdue

B. Not due

C. Open

D. Cleared

E. Parked

Correct Answer: C,D,E

Question 8

You set up a new account group. Which Customizing settings for vendors can you control directly in this account group? (Choose two)

A. The One-Time Account checkbox

B. The company codes that can be used for the account group

C. The fields that are available during posting to vendor accounts

D. The number range of master data accounts

E. The sensitive fields for dual control

Correct Answer: A,D

Question 9

A customer wants to create a report that is to be run on a monthly basis showing documents within a specific range for a specific company code that have been posted within the current month. How can you create this type of report?

A. Create a Compact Document Journal report.
Enter the values for the document range and company code.
After saving this as a variant, add an appropriate T (Table) variable for the posting date on the Variant Attributes screen.

B. Create a G/L Account Balances report.
Enter the values for the document range and company code.
After saving this as a variant, add an appropriate D (Dynamic Date Calculation) variable for the posting date on the Variant Attributes screen.

C. Create a Compact Document Journal report.
Enter the values for the document interval and company code.
After saving this as a variant, add an appropriate D (Dynamic Date Calculation) variable for the posting date on the Variant Attributes screen.

D. Create a Compact Document Journal report.
After running the report, save it to your desktop, where it can be updated every month.

Correct Answer: C

Question 10

What is the maximum number of line items of an FI document?
Please choose the correct answer.
Response:

A. 999

B. Unlimited

C. 99

D. 9999

Correct Answer: A

Question 11

You have two house banks. Each house bank has three bank accounts. How many separate G/L accounts do you recommend the customer creates in the chart of accounts?
Please choose the correct answer.
Response:

A. One for all postings

B. Two - one for each house bank

C. Six - one for each combination of house bank and bank account

D. Three - one for each bank account

Correct Answer: C

Question 12

Your company uses only book depreciation and you activate the new depreciation engine. The book depreciation key Z010 curently used by an asset should be changed to Z020. The asset depreciation started two years ago, and depreciation for the current year has already been posted for the months of January, February, and March (monthly depreciation run). The change should take effect from April 1st. How can you implement this change? (Choose two)

A. Call the Depreciation Areas screen in the asset master and assign the key Z020 with validity start date of April 1st.

B. Call the Depreciation Areas screen in the asset master and change the depreciation key from Z010 to Z020. Also change the ordinary depreciation start date to April 1st.

C. Create a new asset referencing the asset you want to change. On the Depreciation Areas screen, select depreciation key Z020. Then post an asset transfer from the existing asset to the new asset.

D. Undo the depreciation postings for the asset in the current year. Then call the Depreciation Areas screen in the asset master and change the key from Z010 to Z020.

Correct Answer: A,C

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SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7 (C_TFIN52_67) Free Practice Test