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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:

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:

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

Explanation:
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Subject: SAP FI

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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Subject: SAP FI

Q:

If there is no gain or loss on the asset retirement, the sales revenue equals to the net book value of the asset.

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