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Viewing questions 31-40 out of questions
Questions # 31:

How do you prevent duplicate vendors from being created?

There are 2 correct answers to this question.

Response:

Options:

A.

Activate master data comparison for the vendor.

B.

Activate message control for the duplicate vendor check.

C.

Run the Vendor De-Duplication report.

D.

Use matchcode to check whether the vendor already exists.

Questions # 32:

The organizational units of Financial Accounting are used for external reporting purposes that is, they fulfill requirements that your business is subject to from external parties (e.g. legal regulations) Which of the following Organizational units are Mandatory in an ERP system with Fl?

There are 3 correct answers to this question.

Response:

Options:

A.

Client

B.

Fiscal Year

C.

Business Area

D.

Company Code

Questions # 33:

In a payment run, the data entered for a payment method in the document may differ from the master dat

a. How is this resolved by the system?

Please choose the correct answer.

Response:

Options:

A.

Document data overrides master data.

B.

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

C.

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

D.

Master data overrides document data.

Questions # 34:

How do you implement parallel accounting in Asset Accounting?

Please choose the correct answer.

Response:

Options:

A.

By using two asset classes

B.

By using an extra chart of accounts

C.

By using two depreciation areas

D.

By using two different charts of depreciation

Questions # 35:

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

Options:

A.

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

B.

Master data is typically assigned to organizational levels.

C.

Master data must be assigned on company code level.

D.

Master data cannot be changed after creation.

E.

Master data is a template for transactional data.

Questions # 36:

On which level do you define depreciation keys?

Options:

A.

Company code

B.

Chart of accounts

C.

Asset class

D.

Chart of depreciation

Questions # 37:

Consider the following statements, Which of them are false?

1) You cannot use the country chart of accounts if you desire to use the cross-company code controlling.

2) The disadvantage of using country chart of accounts is the accounting clerks who may be familiar with the country chart of accounts first have to get used to using the operational chart of accounts.

3) Reconciliation accounts are updated on a daily basis.

Please choose the correct answer.

Response:

Options:

A.

1 and 2

B.

1 and 3

C.

2 and 3

D.

All of them

E.

None of them

Questions # 38:

In which Customizing activity do you decide which special G/L transactions are to be paid automatically via the payment program?

Options:

A.

Set Up Payment Methods per Company Code for Payment Transactions

B.

Set Up Paying Company Codes for Payment Transactions

C.

Set Up All Company Codes for Payment Transactions

D.

Set Up Payment Methods per Country for Payment Transactions

Questions # 39:

Which of the following accounts are updated directly?

Please choose the correct answer.

Response:

Options:

A.

Accounts in the group chart of accounts

B.

Accounts in the operating chart of accounts

C.

Accounts in the master chart of accounts

D.

Accounts in the country chart of accounts

Questions # 40:

You want to capitalize an Asset under Construction (AuC) using the line item settlement process. However, the settlement does not work. What could be the reason?

There are 3 correct answers to this question.

Response:

Options:

A.

The AuC has not been released.

B.

There is no settlement profile assigned to the company code.

C.

The settlement profile does not allow assets as valid receivers.

D.

The status of the AuC is set to Summary Management.

E.

The Depreciation Engine is not active.

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