C_TFIN52_66 Online Practice Questions and Answers

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?

A. Six one for each combination of house bank and bank account

B. One for all postings

C. Two one for each house bank

D. Three one for each bank account

What additional options do parking documents offer compared to holding documents? (Choose two)

A. A parked document can be posted cross-client to minimize the total cost of ownership (TCO).

B. A parked document can be posted using a workflow.

C. A parked document can be changed and posted by another user, thereby supporting the principle of dual control.

D. A parked document can be posted via automatic speech recognition.

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

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 account determination

D. The asset number ranges

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. 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.

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

C. 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.

D. 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.

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

You want to update the Search Term2 field in your customer master data, but the field does not appear in the maintenance transaction.

Which field status definitions do you have to check and, if necessary, change in Customizing? (Choose two)

A. Field status definitions of activities

B. Field status definitions of company codes

C. Field status definition of the assigned reconciliation account

D. Field status definitions of account groups

Which factors determine the fiscal year variant you would assign to a company code? (Choose two)

A. The need to control which periods are open for posting for specific user groups

B. The existence of a shortened fiscal year

C. The fiscal year start and end period of the company

D. The use of a specific fiscal year variant by other company codes on the client

E. The need to control which periods are open for posting for the company code

Your customer is running an SAP ERP system with New General Ledger Accounting activated. All scenarios, but no customer fields, are assigned to the leading ledger.

Which objects in the totals table (FAGLFLEXT) can be evaluated with drilldown reports?

A. Segments, profit centers, cost centers, business areas, functional areas

B. Profit centers, cost centers, business areas, functional areas, divisions

C. Business areas, functional areas, segments, profit centers, user IDs

D. Cost centers, business areas, functional areas, segments, tax codes

Your customer wants to access line items for individual P/L accounts without leaving the balance sheet and P/L display.

What do you recommend?

A. Activate the Line Item Display flag in the financial statement version.

B. Use a drilldown report.

C. Use the standard Financial Statements (RFBILA00) report.

D. Run a line item report.