Summer Sale 60% Special Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: best60

Examstrust Logo
examstrust mcafee
  1. Home
  2. SAP
  3. SAP Certified Application Associate
  4. C_TFIN52_67 - SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7

SAP C_TFIN52_67 SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7 Exam Practice Test

Page: 1 / 16
Total 160 questions
Get C_TFIN52_67 Full Access Download C_TFIN52_67 PDF

SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7 Questions and Answers

PDF + Testing Engine

  • Product Type: PDF + Testing Engine
$68  $169.99
Add to Cart

Testing Engine

  • Product Type: Testing Engine
$48  $119.99
Add to Cart

PDF Study Guide

  • Product Type: PDF Study Guide
$42  $104.99
Add to Cart
Question 1

You entered a G/L account posting and received an error message which says that account type S is not allowed. Which object causes this error?

Please choose the correct answer.

Response:

Options:

A.

Currency key

B.

Document type

C.

Posting key

D.

Field status variant

Question 2

What additional options do parking documents offer compared to holding documents? (Choose two)

Options:

A.

A parked document can be posted cross-client to minimize the total cost of ownership (TCO).

B.

A parked document can be posted using a workflow.

C.

A parked document can be changed and posted by another user, thereby supporting the principle of dual control.

D.

A parked document can be posted via automatic speech recognition.

Question 3

If a vendor is also a customer, which settings are necessary to clear both roles against each other? (Choose two)

Options:

A.

The payment program must be set up to allow debit checks for vendors and credit checks for customers.

B.

The Clearing with Vendor field must be selected in the customer account, and the corresponding field must be selected in the vendor account.

C.

The vendor and the customer must be assigned to the same group account.

D.

The vendor number must be entered in the customer account, or the customer number must be entered in the vendor account.

Question 4

Which of the following activities generates an FI document if real-time integration between CO and FI has been set up? (Choose two)

Options:

A.

A test run for the settlement run of an asset under construction to a G/L account

B.

A subsequent change of a segment in a CO document

C.

An assessment between cost centers in one company code with different functional areas

D.

An assessment between cost centers that belong to two different company codes

E.

A distribution between cost centers that reside in two different controlling areas

Question 5

How can the short text field of a G/L account be changed?

Options:

A.

Individually, in the company code segment

B.

By making the change at the start of a new fiscal year

C.

By making sure that the field status of the chart of accounts segment allows this

D.

Centrally, in the chart of accounts segment

Question 6

How do you implement parallel accounting in Asset Accounting?

Please choose the correct answer.

Response:

Options:

A.

By using two asset classes

B.

By using an extra chart of accounts

C.

By using two depreciation areas

D.

By using two different charts of depreciation

Question 7

Which of the following statements are true?

There are 3 correct answers to this question.

Response:

Options:

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.

Question 8

Your customer's Accounting department informs you that the company issues checks. They need to easily differentiate payments made by check. How can you facilitate this requirement?

Please choose the correct answer.

Response:

Options:

A.

Create an additional field in the coding block called Check.

B.

Use the payment method for checks.

C.

Use the payment term for checks.

D.

Customize a line item report that filters data according to the text field, and instruct users to enter the word "Check" in the field when entering such payments.

Question 9

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

There are 3 correct answers to this question.

Response:

Options:

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.

Question 10

Which factors determine the fiscal year variant you would assign to a company code?

There are 2 correct answers to this question.

Response:

Options:

A.

The need to control which periods are open for posting for specific user groups

B.

The existence of a shortened fiscal year

C.

The fiscal year start and end period of the company

D.

The use of a specific fiscal year variant by other company codes on the client

E.

The need to control which periods are open for posting for the company code

Question 11

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

Please choose the correct answer.

Response:

Options:

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

Question 12

For which scenario can you use the cash journal?

Please choose the correct answer.

Response:

Options:

A.

To manage cash in local branches and offices

B.

To make remittances to vendors

C.

To post incoming and outgoing payments in any transaction currency

D.

To record documents that will not be included in the general ledger

Question 13

A company code is...

Please choose the correct answer.

Response:

Options:

A.

An independent accounting entity (the smallest organization element for which a complete self-

contained set of accounts can be drawn up).

B.

An organizational unit in an enterprise that represents a closed system used for cost accounting purposes.

C.

An organizational unit that provides an additional evaluation level for the purpose of segment reporting, for example.

D.

A dependent accounting entity, according to Fiscal Year.

E.

The highest level in the R/3 system hierarchy.

Question 14

You entered a non-invoice-related credit memo and selected Net Due 30 Days as the term of payment. The Invoice Reference field is empty.

What effect does this have on the term of payment entered in the credit memo?

Please choose the correct answer.

Response:

Options:

A.

The term of payment entered in the credit memo is ignored during clearing.

B.

The term of payment entered in the credit memo is replaced by the term of payment from the last valid customer invoice.

C.

An error occurs.

D.

The term of payment entered in the credit memo is used during clearing.

Question 15

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

Options:

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

Question 16

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

Options:

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.

Question 17

Which object do you have to activate to maintain profit centers directly in Asset Accounting with all business functions for New General Ledger Accounting activated?

Options:

A.

Profit Center Reorganization

B.

Segment Reorganization

C.

Profit Center Update Scenario

D.

Segment Reporting

Question 18

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

Options:

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.

Question 19

On which level do you define depreciation keys?

Options:

A.

Company code

B.

Chart of accounts

C.

Asset class

D.

Chart of depreciation

Question 20

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

Options:

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

Question 21

Which elements of a customer account are created when you maintain the account decentralized in Financial Accounting?

Options:

A.

General data, company code data, and purchasing organization data

B.

General data and company code data

C.

General data, company code data, and sales area data

D.

General data and sales area data

Question 22

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

Options:

A.

Chart of accounts

B.

Reconciliation account

C.

Currency

D.

Valuation method

E.

Valuation key

Question 23

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:

Options:

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.

Question 24

Which of the following describe characteristics of master data?

There are 2 correct answers to this question.

Response:

Options:

A.

Master data is used on a long-term basis for multiple business processes.

B.

Master data is typically assigned to organizational levels.

C.

Master data must be assigned on company code level.

D.

Master data cannot be changed after creation.

E.

Master data is a template for transactional data.

Load More C_TFIN52_67 Questions
Page: 1 / 16
Total 160 questions
Get C_TFIN52_67 Full Access Download C_TFIN52_67 PDF