SAP FI Questions

Q:

chart of depreciation is assigned to company code and necessary data for asset accounting is added to company code. Hence company code is available for use in asset accounting

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

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2 3010
Q:

AUC have depreciation key, which denotes that depreciation will not be calculated

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

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0 2243
Q:

An asset under construction requires a separate asset class with their own account determination since depreciation has to be shown separately on the balances sheet.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

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0 1926
Q:

The standard delivery clients in a R/3 system are

A. client 000 and 001

B. client 001, 000 , training client 999

C. client 000, 001 and 002

D. client 001, 000,002 and training client 999

Answer

Answer : A

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5 1641
Q:

We can still post credit memos for AUC after it has been fully capitalized if we allow negative APC.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

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0 1411
Q:

We must settle all line items at once, and you do not have to distribute100 percent of each line item for AUC using line item settlement.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

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0 1322
Q:

User can define and use their own transaction types for Assets accounting in  a SAP R/3 system

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

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0 1310
Q:

We can use schedule manager in FI-AA to define, schedule,process and control periodically recurring processes.

A) TRUE B) FALSE
Answer & Explanation Answer: A) TRUE

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0 1304