SAP Certified Solution Consultant Financials - Financial Accounting with SAP ERP 2005 (C-TFIN52-05) Free Practice Test

Question 1

If a company code is not specified

A. the system automatically regards sending company code as paying company code

B. the system gives error

C. the system automatically derives paying company code

Correct Answer: A

Question 2

Transactions in the subledgers (A/R and AJP for example) are also posted on the reconciliation accounts in the general ledger

A. False

B. True

Correct Answer: B

Question 3

Multiple/non-leading ledgers are useful for portraying accounting in accordance with different accounting principles

A. true

B. false

Correct Answer: A

Question 4

customising paths (Choose Three)

A. new G/L paths are added to existing customising paths

B. few classic functions can no longer be executed

C. classic paths are replaced by new paths

D. running program RFAGL_SWAP_IMG_OLD hides classic paths

Correct Answer: A,B,D

Question 5

The balance audit trial displays the balance at the closing of the period and changes to the account at the period end

A. False

B. True

Correct Answer: A

Question 6

All reconciliation accounts and all G/L accounts with open item transactions in foreign currency must be assigned to the G/L account for realized losses and gains. Which of the following options exist for this assignment: (Choose Two)

A. A single G/L account can not be used per currencies and currency types.

B. A single G/L account can not be used per currency type

C. A single G/L account can be used per currency.

D. A single G/L account can be used for all currencies and currency types

Correct Answer: C,D

Question 7

The reconciliation ledger compares the CO view of data to the Fl view and enables you to automatically reconcile controlling with financial accounting.

A. False

B. True

Correct Answer: B

Question 8

Each company code has its own number range and company codes cannot share number ranges

A. true

B. false

Correct Answer: A

Question 9

Scenario definition and assignment (Choose Four)

A. you need a ledger for each scenario

B. scenarios are assigned to ledgers

C. if corresponding scenarios are not assigned no entities are inherited to G/L accounting

D. you have to necessarily non-leading ledgers

E. a ledger can be assigned one or more scenarios

F. a ledger can be assigned even all six scenarios at once

Correct Answer: B,C,E,F

Question 10

Highest priority for deriving functional area is:

A. CO Master Data

B. Validation

C. CO document

D. Substitution

E. Manual Entry

Correct Answer: E

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SAP Certified Solution Consultant Financials - Financial Accounting with SAP ERP 2005 (C-TFIN52-05) Free Practice Test