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NEW QUESTION 52
Asset Accounting
"How do you configure depreciation areas in SAP S/4 HANA?
Note: There are 2 correct answers to this question."

  • A. Ensure a ledger group is assigned to each accounting principle
  • B. Assign each accounting principle to a depreciation area
  • C. Assign depreciaton area 01 to the leading ledger
  • D. Ensure all depreciation areas always post to the general ledger

Answer: B,D

 

NEW QUESTION 53
Which of the following statement best describe a noted item?
Note: There are 2 correct answers to this questions.

  • A. It can be used to remind the user about due payments
  • B. It updates the subledger and the general ledger
  • C. It can be accessed by the payment program
  • D. It has an automatic statistical offsetting entry

Answer: A,C

 

NEW QUESTION 54
Financial Closing
"You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting principles.
How can you set this up in the system?"

  • A. Define two valuation methods and assign the accounting principles to the new valuation methods.
  • B. Define two valuation methods and assign the ledger groups to the new valuation method.
  • C. Define two valuation ares and two extension ledgers with relevant links to accounting principles.
  • D. Define two valuation ares and two accounting principles witth relevate links to ledgers.

Answer: A

 

NEW QUESTION 55
"Organizational Assignments and Process Integration "
"Which steps are required to create a substitution in Financial Accounting?
Note: There are 3 correct answers to this question."

  • A. Select the correct call-up point.
  • B. Assign the substitution rule to the controlling area.
  • C. Select activation level 2.
  • D. Specify an authorization group.
  • E. Define the substitution rule with its different steps using the formula editor.

Answer: B,C,D

 

NEW QUESTION 56
What is the purpose of period interval 3 when you define open and closed periods?

  • A. Posting to special periods
  • B. Authorization control for posting periods
  • C. Posting from CO to Fl
  • D. Posting to special purpose ledger

Answer: C

 

NEW QUESTION 57
......

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