C_TFIN52_65 Online Practice Questions and Answers

Your customer runs an SAP ERP system with New General Ledger Accounting activated.

What do you need to do for Profit Center updates to be part of the general ledger?

A. Activate transfer prices in Profit Center Accounting.

B. Set up the same group currency for all company codes and profit centers.

C. Deactivate document splitting for profit centers.

D. Assign the Profit Center Update scenario to the ledger.

You want to use external number assignment for specific document types.

What is the special feature of external number assignment?

A. The numbers can be alphanumeric.

B. The number ranges can overlap.

C. The number ranges can be used across all company codes.

D. The system issues the numbers automatically.

Down payments can be posted using a special G/L transaction.

What is the main benefit of this functionality?

A. It posts down-payments to a reconciliation account that is different from that of ordinary payables and receivables.

B. It shows data in the appendix of the balance sheet.

C. It automatically creates the final invoice and clears down-payments against it.

D. It automatically clears down-payment requests.

Your customer wants to clear minor payment differences for incoming payments automatically.

Which objects do you have to use to fulfill this requirement?

A. Tolerance groups for G/L account and tolerance groups for employees

B. Tolerance groups for employees and tolerance groups for customers/vendors

C. Tolerance groups for G/L account and tolerance groups for customers/vendors

D. Tolerance groups for employees and tolerance groups for document types

Which of the following objects must you enter when posting an asset acquisition against a vendor? (Choose three)

A. Transaction type

B. Asset master record

C. Document type

D. Special G/L transaction

E. Fixed asset balance sheet account

What is the typical sequence of steps in an ASAP roadmap?

A. Business Blueprint -> Project Preparation -> Final Preparation -> Realization -> Go Live and Support

B. Project Preparation -> Business Blueprint -> Realization -> Final Preparation -> Go Live and Support

C. Project Preparation -> Realization -> Business Blueprint -> Final Preparation -> Go Live and Support

D. Project Preparation -> Final Preparation -> Business Blueprint -> Realization -> Go Live and Support

What are the benefits of using the accrual engine? (Choose three)

A. The accrual engine calculates the accrual amounts automatically.

B. The accrual engine supports parallel accounting.

C. The accrual engine can correct accruals in the previous month even if that period is closed.

D. The accrual engine is client-independent.

E. The accrual engine can simulate planned future accruals.

Your customer wants to use the Closing Cockpit for period end closing.

What major benefits of the Closing Cockpit do you highlight? (Choose two)

A. It closes the posting period automatically at the last day of the period.

B. It optimizes legacy data transfer.

C. It provides a complete documentation of the activities performed at period end closing.

D. It enables the use of a task list covering all closing activities.

Which of the following is mandatory to make G/L accounts ready for postings?

A. A chart of account segment and at least one company code segment

B. A company code segment and at least one cost element

C. A chart of account segment and at least one cost element

D. A chart of account segment and at least one functional area

What does the fiscal year variant control? (Choose two)

A. The number of special periods available in addition to the normal periods

B. The number of periods (up to 52 posting periods and special periods)

C. The open periods (a period interval for closing and another one for day-to-day business)

D. The number of periods (up to 16 posting periods including special periods)