C_TFIN52_67 Online Practice Questions and Answers

What does the SAP Web AS provide? Please choose the correct answer. Response:

A. J2EE and ABAP in a single environment

B. Real-time data exchange with all SAP systems

C. Master data harmonization across SAP NetWeaver

D. Storage of all transactional documents in one single database

What are the advantages of the Payment Medium Workbench (PMW)? (Choose three)

A. It activates the automatic import of settings related to changes in payment transaction laws.

B. It provides a uniform set of functions for all kinds of payment methods.

C. It automatically creates direct debits.

D. It can be used to change payment formats without modifying the programs.

E. It can be used to create new payment formats.

Consider the following statements, Which of them are false?

1) You cannot use the country chart of accounts if you desire to use the cross-company code controlling.

2) The disadvantage of using country chart of accounts is the accounting clerks who may be familiar with

the country chart of accounts first have to get used to using the operational chart of accounts.

3) Reconciliation accounts are updated on a daily basis.

Please choose the correct answer.

Response:

A. 1 and 2

B. 1 and 3

C. 2 and 3

D. All of them

E. None of them

Which object has to be used to avoid a change of the reconciliation account in the customer's master

data?

Please choose the correct answer.

Response:

A. The field status of the customer account group.

B. The field status of the posting key.

C. The field status group of the reconciliation account.

D. The field status of the activity.

Which characteristics of account determination can be used to assign realized exchange rate differences to different G/L accounts? (Choose three)

A. Chart of accounts

B. Reconciliation account

C. Currency

D. Valuation method

E. Valuation key

Which of the following statements are true? There are 3 correct answers to this question. Response:

A. The "Only Balances in Local Currency" indicator must not be set in reconciliation accounts for customers or vendors.

B. The "Only Balances in Local Currency" indicator is usually set in balance sheet accounts that are not managed in foreign currencies and not managed on an open item basis.

C. Accounts with a foreign currency as an account currency can be posted to any currency.

D. You can use a group chart of accounts for internal purposes.

E. The usage of a financial statement version for the group chart of accounts is optional.

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

A. A chart of accounts segment and at least one cost element

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

C. A chart of accounts segment and at least one functional area

D. A chart of accounts segment and at least one company code segment

Which functions are provided by the Reclassify Payables/Receivables closing activity? (Choose two)

A. Open item analysis for liquidity forecast

B. Regrouping and sorting of payables and receivables

C. Credit check and rating of open items

D. Adjustment postings for changed reconciliation accounts

Which line item field is filled automatically by the sort key field of a master record (G/L account, customer,

or vendor)?

Please choose the correct answer.

Response:

A. Item text

B. Assignment

C. Amount in document currency

D. Number of the invoice to which the transaction belongs

Which of the following accounts are updated directly?

A. Accounts in the group chart of accounts

B. Accounts in the operating chart of accounts

C. Accounts in the master chart of accounts

D. Accounts in the country chart of accounts