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 4097
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 3192
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 2793
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 2732
Q:

Fast entry screens in FI are used to enter

A. G/L, customer and vendor line items

B. G/L line items

C. customer and vendor line items

D. Invoice receipt against GR

Answer

Answer : B

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0 2396
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 2042
Q:

When several organizational units carry out dunning within a single company code, the SAP entity used to distinguish and control the process is called

A. dunning area

B. dunning key

C. dunning clerk

D. dunning procedure

Answer

Answer : A

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0 1940
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 1932