SAP FI Questions

Q:

The G/L account becomes a complete G/L account

A.if we have created chart of account

B.if we have copied the chart of account segment from other company code

C.if we have added the company code segment to chart of account segment

D.if we have created both company code segment and chart of account segment centrally

Answer

Answer : C

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Q:

Screen layout rules in the asset master applies to the valuation fields in the depreciation area.

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

Explanation:
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Q:

One of the main tasks of asset accounting is to represent the asset portfolio in the detailed form of an asset history sheet.

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

Explanation:
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Q:

If you do not want to enter a document with provision for updating the ledger on approval from authorized officials, you use the following functionality

A. sample document

B. recurring document

C. parked document

D. account assignment model

Answer

Answer: D

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Q:

 when you create asset master records this data is automatically adopted from the asset class you specify

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

Explanation:
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Q:

You can create multiple similar assets for example if you purchase 20PCs at once for your training department, or 12 desks for a new suite of offices. You can still make separate entries for each

A. Cost center                      B.Inventory number

C.Business area                   D.Description of the assets

Answer

Answer : A , B , C, D [all these]

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Q:

When performing line item settlement of an AUC to one or more completed assets,

A. Select all line items that you want to settle in the same proportion to the same receiver.

B. Define distribution Rules for these line items.

C. Post settlement of line items to the specified receivers using the distribution rule.

D. Posting procedure settles all line items to which a distribution rule is assigned.

Answer

Answer : A ,B ,C ,D

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Q:

 The plant maintenance component is used for the technical management of asset and the treasury component is used ot manage finincial assets.

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

Explanation:
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