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This section includes 17 Mcqs, each offering curated multiple-choice questions to sharpen your SAP Certification knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
We must settle all line items at once, and you do not have to distribute100 percent of each line item for AUC using line item settlement. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» C. | |
| 2. |
Which object has to be used to avoid a change of reconciliation account in the customer's master data  ? |
| A. | The field status of the activity |
| B. | The field status of the posting key |
| C. | The field status group of the reconciliation account |
| D. | The field status of the customer account group d) |
| Answer» B. The field status of the posting key | |
| 3. |
We can still post credit memos for AUC after it has been fully capitalized if we allow negative APC. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 4. |
We can use schedule manager in FI-AA to define, schedule,process and control periodically recurring processes. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 5. |
User can define and use their own transaction types for Assets accounting in a SAP R/3 system |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 6. |
The primary goal of financial management is to |
| A. | Expand their share of the market |
| B. | Maximize the current value per share of the existing stock |
| C. | Examining whether costs are reasonable or unreasonable |
| D. | All the above |
| Answer» C. Examining whether costs are reasonable or unreasonable | |
| 7. |
Screen layout rules in the asset master applies to the valuation fields in the depreciation area. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 8. |
One of the main tasks of asset accounting is to represent the asset portfolio in the detailed form of an asset history sheet. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 9. |
It is possible to post down payment on an Asset Under Construction |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 10. |
If there is no gain or loss on the asset retirement, the sales revenue equals to the net book value of the asset. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 11. |
chart of depreciation is assigned to company code and necessary data for asset accounting is added to company code. Hence company code is available for use in asset accounting |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 12. |
AUC have depreciation key, which denotes that depreciation will not be calculated |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 13. |
Aquisition of an asset from the Business partner is an external aquisition. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 14. |
Asset sales posting can be posted to any revenue account, provided the account fields status is set correctly. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 15. |
An asset under construction requires a separate asset class with their own account determination since depreciation has to be shown separately on the balances sheet. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» C. | |
| 16. |
when you create asset master records this data is automatically adopted from the asset class you specify |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |
| 17. |
The plant maintenance component is used for the technical management of asset and the treasury component is used ot manage finincial assets. |
| A. | 1 |
| B. | |
| C. | |
| D. | |
| Answer» B. | |