Actualtests.C_TFIN52_65.80questions

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1 Actualtests.C_TFIN52_65.80questions Number: C_TFIN52_65 Passing Score: 800 Time Limit: 120 min File Version: C_TFIN52_65 SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP5 I get the best practice material at this place thanks Today is big day for me as I passed the exam with 85% Valid in US, UK, Australia, India and Emirates. All my friends in group have these same questions. Awesome works,thanks for create easiness for us people. More than 80% questions are from this dump :).

2 Exam A QUESTION 1 Which of the following lists can be printed to help you edit a dunning proposal? (Choose two) A. Condensed master data B. Blocked accounts C. Blocked line items D. Sales statistics Correct Answer: BC /Reference: Best answer. QUESTION 2 Special G/L transactions can be divided into which types? (Choose three) A. Automatic offsetting entry B. Document parking C. Noted item D. Interest E. Free offsetting entry Correct Answer: ACE /Reference: QUESTION 3 Which of the following is one of the benefits of document parking? A. It enables technically incomplete documents to be posted. B. It provides a user friendly way of changing posted documents. C. It enables individual document numbers to be assigned. D. It enables the use of the dual control principle. /Reference: QUESTION 4 What are the call-up points for validations in FI?

3 A. Document header, document type, and complete document B. Basic data section, detailed data section, and line item C. Document header, line item, and complete document D. Basic data section, line item, and complete document Correct Answer: C /Reference: QUESTION 5 Which of the following objects can be used to derivate segments automatically? A. Profit center B. G/L account C. Functional area D. Cost center Correct Answer: A /Reference: QUESTION 6 What additional options does parking documents offer compared to holding documents? (Choose two) A. A parked document can be posted using a workflow. B. A parked document can be changed and posted by another user, thereby supporting the principle of dual control. C. A parked document can be posted via automatic speech recognition. D. A parked document can be posted cross-client to minimize the Total Cost of Ownership (TCO). Correct Answer: AB /Reference: QUESTION 7 During reorganization, two cost centers are merged, and all future postings should go to only one of them. If postings are made to the wrong cost center in future FI-postings, your customer wants to ensure that the wrong cost center is automatically replaced by the correct one. What will you recommend? A. Define two substitutions for the Line Item call-up point. B. Define a substitution in FI with the wrong cost center as a prerequisite and the correct one as the substituted value. C. Create a user-specific program to substitute the wrong cost centers automatically overnight. D. Define a validation in CO to ensure that the functional area is filled in the cost center master. Correct Answer: B

4 /Reference: 100% right answer. QUESTION 8 Which functions can be used to generate inter-company posting documents? (Choose two) A. Central payment B. Central currency valuation C. Central cash journal D. Central procurement Correct Answer: AD /Reference: genuine answer. QUESTION 9 Down payments can be posted using a special G/L transaction. What is the main benefit of this functionality? A. It posts down-payments to a reconciliation account that is different from that of ordinary payables and receivables. B. It shows data in the appendix of the balance sheet. C. It automatically creates the final invoice and clears down-payments against it. D. It automatically clears down-payment requests. Correct Answer: A /Reference: QUESTION 10 Which of the following factors determines field status for vendors? A. Account group, transaction, and chart of accounts B. Account group, chart of accounts, and company code C. Transaction, chart of accounts, and company code D. Account group, transaction, and company code /Reference: QUESTION 11 At which level is the vendor account number assigned? A. At the client level B. At a combination of client and purchasing organization segment level C. At the company code segment level D. At a combination of client and company code segment level

5 Correct Answer: A /Reference: perfect answer. QUESTION 12 Which transactions in the procurement process with valuated goods receipt create documents in FI? (Choose two) A. Enter invoice receipt B. Create purchase requisition C. Create purchase order D. Post valuated goods receipt Correct Answer: AD /Reference: perfect answer. QUESTION 13 What are the prerequisites for posting a vendor invoice in Financial Accounting? (Choose two) A. Create a company code segment in the vendor master. B. Activate and configure the document splitting function. C. Set up a number range for vendor invoices. D. Create a purchasing organization segment in the vendor master. Correct Answer: AC /Reference: QUESTION 14 What options do you have for booking an asset acquisition? (Choose three) A. Asset acquisition using a clearing account B. Asset acquisition posted via the cash journal C. Asset acquisition posted via the accrual engine D. Asset acquisition posted from Materials Management E. Asset acquisition integrated with accounts payable Correct Answer: ADE /Reference: QUESTION 15 To which of the following does an asset class apply? A. To all company codes in a client B. To all company codes within a client, which share the same chart of accounts

6 C. To all company codes in a controlling area D. To all company codes in an instance (client-independent) Correct Answer: A /Reference: QUESTION 16 Which activity will have an impact on the net book value of an asset? A. Changing the account determination B. Changing the assigned WBS element C. Changing the useful life of the asset D. Changing the assigned cost center Correct Answer: C /Reference: QUESTION 17 Which of the following objects must you enter when posting an asset acquisition against a vendor? (Choose three) A. Transaction type B. Asset master record C. Document type D. Special G/L transaction E. Fixed asset balance sheet account Correct Answer: ABC /Reference: QUESTION 18 How do you implement parallel accounting in asset accounting? A. By using an extra chart of accounts B. By using two different charts of depreciation C. By using two asset classes D. By using two depreciation areas

7 /Reference: QUESTION 19 A customer wants to define a chart of depreciation. How do you recommend setting up depreciation areas? A. Based on company codes B. Based on the relevant chart of accounts C. Based on the aims of internal or external reporting D. Based on relevant currencies Correct Answer: C /Reference: QUESTION 20 Which account assignment objects can be maintained directly in the asset master data in SAP ERP 6.0 EhP5 (Enhancement Package 5) with new G/L activated? (Choose two) A. Asset network B. Segment C. Profit center D. Depreciation center Correct Answer: BC /Reference: QUESTION 21 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? (Choose three) A. The settlement profile does not allow assets as valid receivers. B. The Depreciation Engine is not active. C. The status of the AuC is set to Summary Management. D. The AuC has not been released with the status "Technically complete". E. There is no settlement profile assigned to the company code. Correct Answer: ACE /Reference: QUESTION 22 What does the SAP Web AS provide?

8 A. J2EE and ABAP in a single environment B. Real-time data exchange with all SAP systems C. Master data harmonization across SAP NetWeaver D. Storage of all transactional documents in one single database Correct Answer: A /Reference: QUESTION 23 Which infrastructure supports core business solutions in four subcomponents including people integration, information integration, process integration, and application platform? A. SAP Exchange Infrastructure B. SAP Business Process Management C. SAP Web AS D. SAP NetWeaver /Reference: QUESTION 24 Which of the following describe characteristics of master data? (Choose two) A. It is a template for transactional data. B. It is used on a long-term basis for multiple business processes. C. It is typically assigned to organizational levels. D. It cannot be changed after creation. E. It must be assigned on company code level. Correct Answer: BC /Reference: QUESTION 25 What is the typical sequence of steps in an ASAP roadmap? A. Business Blueprint -> Project Preparation -> Final Preparation -> Realization -> Go Live and Support B. Project Preparation -> Business Blueprint -> Realization -> Final Preparation -> Go Live and Support C. Project Preparation -> Realization -> Business Blueprint -> Final Preparation -> Go Live and Support D. Project Preparation -> Final Preparation -> Business Blueprint -> Realization -> Go Live and Support Correct Answer: B /Reference:

9 QUESTION 26 Which of the following is a typical process sequence in Product Sale from Stock? A. Purchase requisition -> Delivery/Transport -> Dunning and payment -> Billing B. Purchase requisition -> Billing -> Transport/Goods receipts -> Dunning and payment C. Incoming order -> Goods receipts/transport -> Dunning and payment -> Billing D. Incoming order -> Transport/Delivery -> Billing -> Dunning and payment /Reference: QUESTION 27 In which life cycle scenarios is the SAP Solution Manager used? (Choose three) A. Scoping B. Operations C. Implementation D. Optimization E. Retirement Correct Answer: BCD /Reference: QUESTION 28 Which of the following is a typical sequence of steps in a Purchase to Pay process? A. Purchase requisition -> Goods issue -> Purchase verification -> Invoice receipts -> Payment B. Purchase order -> Purchase requisition -> Goods receipt -> Invoice verification -> Payment C. Purchase requisition -> Purchase order -> Goods receipt -> Invoice verification -> Payment D. Purchase requisition -> Goods verification -> Purchase receipts -> Invoice receipts -> Payment Correct Answer: C /Reference: QUESTION 29 Which SAP NetWeaver component realizes cross-system application processes? A. SAP Enterprise Portal (SAP EP) B. SAP Exchange Infrastructure (SAP XI) C. SAP Master Data Management (SAP MDM) D. SAP Business Warehouse (SAP BW) Correct Answer: B

10 /Reference: QUESTION 30 Which SAP NetWeaver component ensures company-wide unification of data and information in heterogeneous IT environments? A. Web Application Server (AS) B. Enterprise Portal C. Master Data Management D. Integration Broker Correct Answer: C /Reference: QUESTION 31 Your customer wants to perform their year-end closing activities. Which of the following activities are mandatory to close the books? (Choose two) A. Run planning and budgeting. B. Run balance sheet open item analysis. C. Run fiscal year change in Asset Accounting. D. Run the carryforward. Correct Answer: CD /Reference: QUESTION 32 A customer is running SAP ERP 6.0 with New General Ledger Accounting. For which purpose can they use the Closing Cockpit? A. To create mass change of offsetting days for existing activities B. To perform periodically recurring activities C. To run reconciliation between CO and FI D. To perform day-to-day activities Correct Answer: B /Reference: QUESTION 33 Which of the following task types are supported by the Closing Cockpit or Schedule Manager? (Choose three)

11 A. Spreadsheets B. Reconciliation keys C. Programs with or without variant D. Notes (as a reminder or milestone) E. Transactions Correct Answer: CDE /Reference: QUESTION 34 Your customers do not pay open invoices. How can you accomplish an automatic flat-rate individual value adjustment? (Choose two) A. Create and dispatch a valuation run for each period during closing operations. B. Enter a value adjustment key in the customer master. C. Make an individual value adjustment based on special G/L transaction. D. Make a statistical flat-rate value adjustment posting for each period manually. Correct Answer: AB /Reference: QUESTION 35 The field status definitions from the account group and the transaction are considered for each field. The field status definition with the higher priority will be used for posting. Which priority sequence, going from the highest to the lowest, is correct? A. Hide, Display, Required Entry, Optional Entry B. Required Entry, Optional Entry, Hide, Display C. Display, Required Entry, Optional Entry, Hide D. Optional Entry, Hide, Display, Required Entry Correct Answer: A /Reference: QUESTION 36 Which functions are provided by the Reclassify Payables/Receivables closing activity? (Choose two)

12 A. Adjustment postings for changed reconciliation accounts B. Credit check and rating of open items C. Regrouping and sorting of payables and receivables D. Automatic correction of bad debits or credits E. Open item analysis for liquidity forecast Correct Answer: AC /Reference: QUESTION 37 What are the benefits of using the accrual engine? (Choose three) A. The accrual engine calculates the accrual amounts automatically. B. The accrual engine supports parallel accounting. C. The accrual engine can correct accruals in the previous month even if that period is closed. D. The accrual engine is client-independent. E. The accrual engine can simulate planned future accruals. Correct Answer: ABE /Reference: QUESTION 38 When dealing with Financial Statement Versions (FSVs), how do you ensure that the requirements of the various target groups (for example auditors, tax authorities, and banks) are satisfied? A. Create different FSVs based on the needs of the target group. B. Create different versions of the same FSV. C. Create one FSV and enhance it with different sets of notes. D. Create one FSV, then save different variants based on the needs of the various groups. Correct Answer: A /Reference: QUESTION 39 Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the Closing Cockpit do you highlight? (Choose two) A. It closes the posting period automatically at the last day of the period. B. It optimizes legacy data transfer. C. It provides a complete documentation of the activities performed at period end closing. D. It enables the use of a task list covering all closing activities. Correct Answer: CD

13 /Reference: QUESTION 40 You want to use the same set of values for a specific criterion in several reports. What is the easiest way to accomplish this? A. Enter the values, save them as a variant, and use this variant in all the reports. B. Create a D variable containing the values and use it in all the reports. C. Create a selection variable containing the values and use it in all the reports. D. Create a set containing the values and use it in all the reports. Correct Answer: C /Reference: QUESTION 41 Your customer is running an SAP ERP system with New General Ledger activated. All scenarios, but no customer fields, are assigned to the leading ledger. Which objects in the totals table (FAGLFLEXT) can be evaluated with drill-down reports? A. Segments, profit centers, cost centers, business areas, functional areas B. Cost centers, business areas, functional areas, segments, tax codes C. Business areas, functional areas, segments, profit centers, user IDs D. Profit centers, cost centers, business areas, functional areas, divisions Correct Answer: A /Reference: QUESTION 42 What does the posting key control? (Choose three) A. Account type B. Document type C. Field status D. Debit/credit indicator E. Number range Correct Answer: ACD /Reference: QUESTION 43 Your customer runs an SAP ERP system with New General Ledger Accounting activated. What do you need to do for Profit Center updates to be part of the general ledger? A. Activate transfer prices in Profit Center Accounting.

14 B. Set up the same group currency for all company codes and profit centers. C. Deactivate document splitting for profit centers. D. Assign the Profit Center Update scenario to the ledger. /Reference: QUESTION 44 If a vendor is also a customer, it is possible to clear both roles against each other. Which settings are necessary to implement this? (Choose two) A. The "Clearing with Vendor" field must be selected in the customer account, and the corresponding field must be selected in the vendor account. B. The vendor and the customer must be assigned to the same group account. C. The vendor number must be entered in the customer account or the customer number must be entered in the vendor account. D. The payment program must be set up to allow debit checks for vendors and credit checks for customers. Correct Answer: AC /Reference: QUESTION 45 In a payment run, the data entered for a payment method in the document may differ from the master data. How is this resolved by the system? 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. Correct Answer: A /Reference: QUESTION 46 What is the maximum number of line items of an FI document? A. Unlimited B. 999 C. 99 D Correct Answer: B

15 /Reference: QUESTION 47 You want to use external number assignment for specific document types. What is the special feature of external number assignment? A. The numbers can be alphanumeric. B. The number ranges can overlap. C. The number ranges can be used across all company codes. D. The system issues the numbers automatically. Correct Answer: A /Reference: QUESTION 48 Which of the following objects can you post to via the cash journal? (Choose two) A. Asset master B. Accrual Engine C. Customer D. One-time customer E. Material master Correct Answer: CD /Reference: QUESTION 49 What do you define when you configure a dunning procedure? A. Dunning levels and the language of the dunning note B. Dunning levels and account determination to post dunning interest C. Dunning charges for each dunning level and customers to be dunned D. Dunning levels and dunning charges for each dunning level /Reference: QUESTION 50 You receive a payment where the difference from the posted invoice is larger than the stated tolerance limit. How can you deal with this? (Choose two) A. Increase the tolerance limit manually while posting the document. B. Split the received payment to fall below the tolerance limit.

16 C. Post the difference as a residual item. D. Post the difference to an account assigned to a reason code. Correct Answer: CD /Reference: QUESTION 51 What does the fiscal year variant control? (Choose two) A. The number of special periods available in addition to the normal periods B. The number of periods (up to 52 posting periods and special periods) C. The open periods (a period interval for closing and another one for day-to-day business) D. The number of periods (up to 16 posting periods including special periods) Correct Answer: AD /Reference: QUESTION 52 A customer wants to use document splitting to enable balance sheets by segments. How do you set up the document split? (Choose two) A. Assign all document types to business transactions and business transaction variants. B. Define splitting rules. C. Define a non-leading ledger for the split documents. D. Assign the splitting method to the transaction variant. Correct Answer: AB /Reference: QUESTION 53 Which of the following are the main components of a drilldown report? A. Variables and general selection criteria B. Variables and key figures C. Characteristics and variables D. Characteristics and key figures /Reference: QUESTION 54 What are the prerequisites for setting up cross-company cost accounting? (Choose two)

17 A. The same chart of accounts is used for all company codes. B. The same fiscal year is used for all company codes. C. The same variant for open periods is used for all company codes. D. The same currency is used for all company codes. Correct Answer: AB /Reference: QUESTION 55 Which parameters do you have to specify if you want to execute a payment run? (Choose two) A. Currency B. Bank account C. Payment method D. Company code Correct Answer: CD /Reference: QUESTION 56 How can the short text field of a G/L account be changed? A. Centrally, in the chart of accounts segment B. By making the change at the start of a new fiscal year. C. By making sure that the field status of the chart of accounts segment allows it. D. Individually, in the company code segment Correct Answer: A /Reference: QUESTION 57 Which characteristics of account determination can be used to assign realized exchange rate differences to different G/L accounts? (Choose three) A. Currency B. Reconciliation account C. Valuation key D. Valuation method E. Chart of accounts Correct Answer: ABE /Reference:

18 QUESTION 58 Which of the following activities will generate an FI document if real-time integration between CO and FI has been set up? (Choose two) A. A distribution between cost centers that reside in two different controlling areas B. An assessment between cost centers that belong to two different company codes C. A subsequent change of a segment in a CO document D. An assessment between cost centers in one company code with different functional areas E. A test run of the settlement run of an asset under construction to a G/L account Correct Answer: BD /Reference: QUESTION 59 Which field of the line item will be filled automatically by the sort key field of a master record (G/L account, customer, or vendor)? A. Number of the invoice to which the transaction belongs B. Amount in document currency C. Item text D. Assignment /Reference: QUESTION 60 Which interactive function is provided by the SAP List Viewer? A. Creation of worklists B. Use of the report-report interface C. Mass reversal D. Creation of subtotals for specific values /Reference: QUESTION 61 Your customer runs an SAP system with New General Ledger Accounting activated. They want to run a valuation of accounts receivable that are posted in foreign currency.

19 What do you have to do? A. Set up a valuation method and assign it to a valuation area. B. Post the valuation differences manually at the period end. C. Set up the Valuation Cockpit to perform this task. D. Set up a new exchange rate type. Correct Answer: A /Reference: QUESTION 62 You entered a G/L account posting and received an error message saying that account type D (customer) is not allowed. Which object causes this error? A. Currency key B. Field status variant C. Tolerance group D. Document type /Reference: exact answer. QUESTION 63 A multinational concern acquires a company in another country which has local reporting requirements. They are using one operational chart of account for all companies. How can you fulfill this country-specific requirement? A. Create a country-specific chart of accounts and assign it to the regular chart of accounts. B. Create a country-specific chart of accounts and assign it to the group chart of accounts. C. Create a country-specific chart of accounts and assign it to the company code. D. Create a group chart of accounts and assign it to the company code. Correct Answer: C /Reference: QUESTION 64 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 such a manner? A. Balance sheet and profit accounts B. Profit accounts C. Balance sheet accounts D. Accounts only managed on the basis of open items

20 Correct Answer: B /Reference: QUESTION 65 A vendor sends an invoice to a company which contains expenses for two company codes. You post the vendor item to the receiving company code, then the expense, and finally a cross-charge to the other company code. How are the taxes posted? A. Taxes are posted to the company code where the larger part of the expense is posted. B. Taxes are posted to the company code where the vendor item is posted. C. Taxes are not posted automatically, and will therefore have to be posted manually. D. Taxes are posted to both company codes in proportion to the expenses. Correct Answer: B /Reference: QUESTION 66 A customer wants to use segment reporting on balance sheet and P/L accounts. Which functionality do you recommend? A. Profit Center Accounting B. Special Purpose Ledger C. Profitability Analysis D. New General Ledger Accounting /Reference: QUESTION 67 Which of the following is mandatory to make G/L accounts ready for postings? A. A chart of account segment and at least one company code segment B. A company code segment and at least one cost element C. A chart of account segment and at least one cost element D. A chart of account segment and at least one functional area Correct Answer: A /Reference: QUESTION 68

21 How do you prevent duplicate vendors from being created? (Choose two) A. Activate message control for the duplicate vendor check. B. Use matchcode to check whether the vendor already exists. C. Activate master data comparison for the vendor. D. Run the Vendor De-Duplication report. Correct Answer: AB /Reference: authenticate. QUESTION 69 What are the advantages of the Payment Medium Workbench (PMW)? (Choose three) A. It can be used to change payment formats without modifying the programs. B. It automatically creates direct debits. C. It can be used to create new payment formats. D. It provides a uniform set of functions for all kinds of payment methods. E. It activates the automatic import of settings related to changes in payment transaction laws. Correct Answer: ACD /Reference: straight answer. QUESTION 70 While posting a G/L document, two different field statuses (for the posting key and the G/L account) have an impact on the posting. What happens if one field status is set to Required Entry and the other one to Hidden Entry? A. The field will be hidden. B. The document can be posted anyway. C. The field will be available for entry. D. An error message will occur. /Reference: QUESTION 71 You have posted an incorrect amount in Financial Accounting. How can you correct this? (Choose two) A. Change the amount in the posted document. B. Use a substitution to change the incorrect amount. C. Delete the document. D. Reverse the document by negative posting. E. Reverse the document by normal reversal posting. E

22 /Reference: QUESTION 72 Your customer wants all items that are posted to their customer account to be transferred to their headquarters automatically. Which function do you have to use to fulfill this requirement? A. Receivables reclassification B. Head office and branch account C. One-Time account D. Alternative Payer/Payee Correct Answer: B /Reference: perfect answer. QUESTION 73 What elements of a customer account are created when you maintain the account decentralized in Financial Accounting? A. General data and sales area data B. General data, company code data, and purchasing organization data C. General data and company code data D. General data, company code data, and sales area data Correct Answer: C /Reference: QUESTION 74 You have entered a non-invoice-related credit memo and selected the term of payment "Net due 30 days". The Invoice Reference field is empty (it contains neither a document number nor a V). What effect does this have on the term of payment? A. The term of payment is copied from the last valid invoice of the customer. B. An error occurs. C. The term of payment is valid. D. The term of payment is invalid. /Reference: perfect answer. QUESTION 75 A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memo.

23 Which accounts will be used to issue credit memos? A. Payables and expense account B. Receivables and expense account C. Payables and revenue account D. Receivables and revenue account /Reference: QUESTION 76 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. Different dunning runs B. Dunning areas C. Dunning keys D. Dunning block reasons Correct Answer: B /Reference: QUESTION 77 Your customer wants to clear minor payment differences for incoming payments automatically. Which objects do you have to use to fulfill this requirement? A. Tolerance groups for G/L account and tolerance groups for employees B. Tolerance groups for employees and tolerance groups for customers/vendors C. Tolerance groups for G/L account and tolerance groups for customers/vendors D. Tolerance groups for employees and tolerance groups for document types Correct Answer: B /Reference: valuable. QUESTION 78 What do you define when you set up a depreciation area? A. The asset number ranges B. The company code C. The account determination D. The posting to General Ledger

24 /Reference: QUESTION 79 Which postings are created by the depreciation posting run? (Choose two) A. Transfer of depreciations to cost center planning B. Year-to-date depreciation on current assets C. Postings to the depreciation accounts in the General Ledger D. Book and cost accounting depreciations to assets Correct Answer: CD /Reference: true answer. QUESTION 80 What does the year-end closing program do in asset accounting? (Choose two) A. It checks whether the previous year has been closed in financial accounting. B. It checks whether assets contain errors or are incomplete. C. It checks whether depreciation and assets are fully posted. D. It opens new annual value fields for each asset. Correct Answer: BC /Reference: perfect answer.