C_TFIN52_05 Online Practice Questions and Answers

Highest priority for deriving functional area is:

A. Manual Entry

B. Validation

C. CO document

D. Substitution

E. CO Master Data

Chart of accounts are assigned to

A. company code

B. business area

C. client

D. G/L accounts

To provide outsiders with a better overview of the company's liquidity situation, the receivables and payables must be grouped in the balance sheet according to remaining life.

A. False

B. True

Pushbutton ?Balance Valuation?:Only relevant when using strictest or lowest valuation principle and If you want to valuate debit items, you must set this indicator.

A. True

B. False

Each Financial Statement version must have the following special items. (Choose Six)

A. Profit and Loss result.

B. Profit.

C. Individual line item.

D. Assets.

E. Liabilities.

F. Loss.

G. Account not assigned.

Regroupings are carried out using a special program. At the same time, these regroupings are removed for the first day of the next period, since regrouping are not necessary for daily processing.

A. False

B. True

The balance audit trial displays the balance at the closing of the period and changes to the account at the period end

A. False

B. True

Investment support is a subsidy that a company receives for certain asset investment

A. True

B. False

Activity types can be:

A. Created for a restricted period only

B. Planning of price is done for a activity for all cost centers

C. All activity types are used in Cost center planning without any restriction

D. created with primary cost element assignment

E. Restricted for a single cost center directly

The program for creating__________automatically creates balance confirmations (including reply slips) for a freely definable number of customers and vendors, as well as a reconciliation list and a results table.