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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

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Subject: SAP FI

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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Subject: SAP FI

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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Subject: SAP FI

Q:

It is possible to post down payment  on an Asset Under Construction

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

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Subject: SAP FI

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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Subject: SAP FI

Q:

What is one way to limit a user's access to only a specific number of accounts in the MCC?

Answer

Create a new MCC account linked to the original MCC account. Move the specified number of accounts into that MCC and grant the user access to the sub-MCC account.

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Q:

What is one benefit of My Client Center?

Answer

A dashboard that provides summaries of different metrics for all of your clients’ accounts.

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Q:

What is a primary benefit of location targeting?

Answer

The ability to target combinations of countries, territories, and regions.

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