C_TFIN52_66 Online Practice Questions and Answers

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

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

B. The same currency 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.

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. The document is posted.

B. A warning message is shown.

C. An error message is shown.

D. The Text field is hidden.

Your company currently uses internal number ranges for documents. You are rolling out your system in a new country. It is a legal requirement in this country to have external document numbering on vendor invoices (currently document type KR). You have copied the number ranges from the existing company code to the new company code.

Which Customizing settings do you have to make to meet this requirement and have a minimal effect on the existing system configuration?

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

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

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

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

At the end of a fiscal year the system carries forward the balance of certain accounts to a special retained earnings account and sets them to zero. Which accounts are treated in this way?

A. Balance sheet and PandL accounts

B. PandL accounts

C. Accounts managed only on the basis of open items

D. Balance sheet accounts

In a payment run, the data entered for a payment method in the document may differ from the master data. How does the system resolve this?

A. The payment run temporarily stops, and the system prompts you to correct the data. After you have corrected the data, the payment run continues.

B. The payment run stops and the system issues an error message.

C. Master data overrides document data.

D. Document data overrides master data.

Your customer sells products and services. They have to separate the invoices into invoices for products and invoices for services.

Which object do you have to use to create dunning notices dependent on the division (product or service)?

A. Separate dunning runs

B. Dunning areas

C. Dunning block reasons

D. Dunning keys

How does SAP support impairment posting?

A. By using new transaction codes for retirements

B. By using Segment Reporting

C. By using worklists

D. By using special depreciation keys

Which functions are provided by the Reclassify Payables/Receivables closing activity? (Choose two)

A. Open item analysis for liquidity forecast

B. Regrouping and sorting of payables and receivables

C. Credit check and rating of open items

D. Adjustment postings for changed reconciliation accounts

On which level do you define depreciation keys?

A. Company code

B. Chart of accounts

C. Asset class

D. Chart of depreciation

Which elements of a customer account are created when you maintain the account decentralized in Financial Accounting?

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

B. General data and company code data

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

D. General data and sales area data