C_TFIN52_66 Online Practice Questions and Answers

You post a G/L document. For the Text field, the field status of the posting key is set to Required Entry and the field status of the G/L account is set to Hidden Entry?

What happens during posting?

A. The document is posted.

B. A warning message is shown.

C. An error message is shown.

D. The Text field is hidden.

What do you define when you configure a dunning procedure?

A. Dunning levels and dunning charges for each dunning level

B. Dunning levels and account determination to post dunning interest

C. Dunning charges for each dunning level and customers to be dunned

D. Dunning levels and the language of the dunning note

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?

A. Profit Center Reorganization

B. Segment Reorganization

C. Profit Center Update Scenario

D. Segment Reporting

Your customer wants to access line items for individual P/L accounts without leaving the balance sheet and P/L display.

What do you recommend?

A. Activate the Line Item Display flag in the financial statement version.

B. Use a drilldown report.

C. Use the standard Financial Statements (RFBILA00) report.

D. Run a line item report.

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

A company uses different terms of payment.

What can you define for these terms of payment? (Choose three)

A. Cash discount periods

B. Interest calculation

C. Baseline date for due date calculation

D. Cash flow calculation

E. Cash discount percentage rates

A customer requires a balance sheet per segment but does not require a balance sheet per profit center. You discuss the features of segments and profit centers with him.

Which features can you highlight? (Choose three)

A. You can assign the segment to the asset master record.

B. You can assign a segment to a cost accounting object such as a cost center or internal order.

C. Segments are derived from profit centers in the standard system.

D. You can assign the segment to the material master.

E. You can post in FI directly to a segment.

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

How does SAP support impairment posting?

A. By using new transaction codes for retirements

B. By using Segment Reporting

C. By using worklists

D. By using special depreciation keys

You are testing the payment program. The payment run has been executed. When you look at the program log you notice that the payment method check shows that part of the address is missing from the vendor master.

In Customizing for payment programs, where can you see which data is mandatory?

A. Paying company codes for payment transactions

B. Company code data for the payment methods

C. Country data for the payment methods

D. Bank account determination

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?

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

What are the call-up points for validations in FI?

A. Document header, line item, and complete document

B. Basic data section, line item, and complete document

C. Basic data section, detailed data section, and line item D. Document header, document type, and complete document

What options do you have for posting an asset acquisition? (Choose three)

A. Asset acquisition integrated with accounts payable

B. Asset acquisition using a clearing account

C. Asset acquisition posted via the payment program

D. Asset acquisition posted via the accrual engine

E. Asset acquisition posted from Materials Management

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

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.

You receive a payment where the difference from the posted invoice is larger than the stated tolerance limit. How can you deal with this? (Choose two)

A. Split the received payment so that it falls below the tolerance limit.

B. Increase the tolerance limit manually while posting the document.

C. Post the difference to an account assigned to a reason code.

D. Post the difference as a residual item.