C_TFIN52_67 Online Practice Questions and Answers

Your customer runs an SAP system with New General Ledger Accounting activated. They want to run a

valuation of accounts receivable that are posted in foreign currency.

What do you have to do?

Please choose the correct answer.

Response:

A. Set up a new exchange rate type and assign it to a valuation method.

B. Assign a valuation method to all customer master records that you want to valuate.

C. Set up a valuation method and assign it to a valuation area.

D. Set up the Valuation Cockpit to perform this task.

At the end of a fiscal year the system carries forward the balance of certain accounts to a special retained

earnings account and sets them to zero.

Which accounts are treated in this way?

A. Balance sheet and PandL accounts

B. PandL accounts

C. Accounts managed only on the basis of open items

D. Balance sheet accounts

Identify the steps in the ASAP (Accelerated SAP) Methodology.

There are 5 correct answers to this question.

Response:

A. Roll out

B. Go Live and Support

C. Final Preparation

D. Realization

E. Project Preparation

F. Business Blueprint

For reports in Asset Accounting, which object do you have to use and, where necessary, customize to

determine the sort level and/or the summation level?

Please choose the correct answer.

Response:

A. Depreciation area

B. Sort key

C. Sort variant

D. Valuation area

The field status definitions from the account group and the transaction are considered for each field. The

field status definition with the higher priority is used.

Which priority sequence, going from the highest to the lowest, is correct?

Please choose the correct answer.

Response:

A. Optional Entry, Hide, Display, Required Entry

B. Hide, Display, Required Entry, Optional Entry

C. Required Entry, Optional Entry, Hide, Display

D. Display, Required Entry, Optional Entry, Hide

You configure the available amounts for bank accounts. What happens to these available amounts during the payment run?

A. They are set to zero.

B. They are updated automatically, but have to be released by another user (dual control).

C. They are updated automatically.

D. They are not updated.

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

A. Every company code that needs to use an account from the assigned chart of accounts has to create its own company code segment.

B. For P+L statement accounts, the balance is carried forward to the same account.

C. In the chart of accounts segment, it is necessary to indicate whether the account will be a balance sheet or a profit + loss statement account.

D. Number intervals for G/L account master records can overlap. It is not possible to influence the appearance of an account's master data.

What is the purpose of account determination in the accrual engine?

There are 2 correct answers to this question.

Response:

A. To determine the document type

B. To determine the CO object

C. To determine debit and credit accounts

D. To determine the correct posting period

Your customer sells products and services. They have to separate the invoices into invoices for products

and invoices for services.

Which object do you have to use to create dunning notices dependent on the division (product or service)?

A. Separate dunning runs

B. Dunning areas

C. Dunning block reasons

D. Dunning keys

Your company currently uses internal number ranges for documents. You are rolling out your system in a new country. It is a legal requirement in this country to have external document numbering on vendor invoices (currently document type KR). You have copied the number ranges from the existing company code to the new company code. Which Customizing settings do you have to make to meet this requirement and have a minimal effect on the existing system configuration?

A. Mark a new document number range as external and assign it to the document type KR.

B. Create a new external document type and assign the number range 51 to the new document type.

C. Create a new document type and a new external number range interval as external. Assign the new number range to the new document type.

D. Mark existing number range interval 51 as external for the new company code.