C_TFIN52_67 Sample Questions Answers

Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years.

Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes.

Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant.

Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years.

Document type

Fixed asset balance sheet account

Special G/L transaction

Asset master record

Transaction type

You must specify the asset value date.

You must post the sale against an asset that has an acquisition.

You must use posting key 75 (credit asset) and select the specific asset sale in the account field.

You must calculate and input the profit or loss from the asset sale in a separate line during posting.

Define a retained earnings account.

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

Assign the Segment Reporting scenario to your leading ledger.

Activate cost of sales accounting.

It automatically creates the final invoice and clears down payments against it.

It automatically clears down payment requests.

It posts down payments to a reconciliation account that is different from that of ordinary payables and receivables.

It shows data in the appendix of the balance sheet.

A test run for the settlement run of an asset under construction to a G/L account

A subsequent change of a segment in a CO document

An assessment between cost centers in one company code with different functional areas

An assessment between cost centers that belong to two different company codes

A distribution between cost centers that reside in two different controlling areas

Balance sheet and P&L accounts

P&L accounts

Accounts managed only on the basis of open items

Balance sheet accounts

Create one FSV and enhance it with different sets of notes.

Create one FSV and then save different variants based on the needs of the various groups.

Create different versions of the same FSV.

Create different FSVs based on the needs of the target group.

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

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

It automatically creates direct debits.

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

It can be used to create new payment formats.

Document header, line item, and complete document

Basic data section, line item, and complete document

Basic data section, detailed data section, and line item

Document header, document type, and complete document

Description.

Maintenance language.

Length of the company code.

Length of the G/L account number.

Blocking / unblocking chart of accounts.

1

2

3

4

None of them.

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

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

An error occurs.

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

To perform periodically recurring activities

To run reconciliation between CO and FI

To perform day-to-day activities

To create mass change of offsetting days for existing activities

To all company codes in a controlling area

To all company codes in an instance (client-independent)

To all company codes in a client

To all company codes within a client, which share the same chart of accounts

You can assign the segment to the asset master record.

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

Segments are derived from profit centers in the standard system.

You can assign the segment to the material master.

You can post in FI directly to a segment.

Item text

Assignment

Amount in document currency

Number of the invoice to which the transaction belongs

The field status of the customer account group.

The field status of the posting key.

The field status group of the reconciliation account.

The field status of the activity.

Accelerator area

Viewing / Text area

Roadmap structure Attachments area

IMG area

Mark a new document number range as external and assign it to the document type KR.

Create a new external document type and assign the number range 51 to the new document type.

Create a new document type and a new external number range interval as external. Assign the new number range to the new document type.

Mark existing number range interval 51 as external for the new company code.

Change the amount in the posted document.

Use a substitution to change the incorrect amount.

Delete the document.

Reverse the document by negative posting.

Reverse the document by normal reversal posting.