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Q:

Individual calcualtion methods which can be assigned to Depreciation key.

A. Declining balance methods
B. Maximum amounts methods
C. Multilevel methods
D. Period control Methods

Answer

Answer : A ,B , C ,D

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Subject: SAP FI

Q:

Types of depreciation in Asset accounting.Choose the following?

A.Special depreciation            B.Unplanned depreciation

C.Manual depreciation           D.Automatic depreciation

Answer

Answer : A , B

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Subject: SAP FI

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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Subject: SAP FI

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

Explanation:
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Subject: SAP FI

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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Subject: SAP FI

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

Explanation:
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Subject: SAP FI

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

Explanation:
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Subject: SAP FI

Q:

Asset sales posting can be posted to any revenue account, provided the account fields status is set correctly.

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

Explanation:
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Subject: SAP FI