C_TFIN52_05 Online Practice Questions and Answers

Which of following statements are correct?

A. The customer master data comparison program compares which master records are already created in financial accounting but not yet created in sales and distribution.

B. The customer master data compares the customers in the legacy system with the customers in the R/3 System.

C. The customer master data comparison program compares which master records are already created in purchasing but not yet in sales and distribution.

D. The customer mater data comparison program checks whether the customer master record contains a telephone number.

Drilldown reporting is a tool that enables you to analyze G/L account transaction figure and financial statements

A. True

B. False

What represents a specific type of depreciation valuation?

A. chart of depreciation

B. depreciation area

C. chart of accounts

Dunning run can be divided into three steps:

A. Select account

B. all of the above

C. Select dun line items

D. Dun Account

Payment program handles both incoming and outgoing payments

A. false

B. true

Account descriptions are maintained in which language

A. foreign language

B. transaction language C. maintenance language

The reconciliation ledger compares the CO view of data to the Fl view and enables you to automatically reconcile controlling with financial accounting.

A. False

B. True

The system posts the account entries for realized exchange rate differences in foreign currency during the open item clearing

A. False

B. True

The ?Balance sheet preparation valuation? indicator of the SAPF100 program determines whether or not open items will be updated

A. False

B. True

Lowest priority for derivation of Functional area is:

A. Master Record of CO object

B. Manual Entry

C. CO document

D. Balance Sheet Accounts Master Data

E. Validation

Noted items are individual account assignments that are only used to remind the respective department of due payment or payments. Example Down payment request.

A. True

B. False

Which of the following statement(s) are correct?

A. The main purpose of a payment advice note is that it can be used to automatically search for and then compare open items as part of the clearing process, thus eliminating the need to make individual selection entries.

B. Posting keys are used to define the screen layout for document entry and take priority over other field status groups.

C. Two of the currencies available in the Fl system are the transaction currency and the company code currency, these are defined at country level within configuration.

D. Validations and substitutions can be carried out in Fl but not in the Special Purpose Ledger

SAP supplies screen layout rules 1000 and 3000 in the standard system

A. True

B. False

New G/L accounting is obligatory for new as well as existing customers

A. true

B. false

Non-leading ledgers can be assigned currencies or fiscal year variants different from leading ledgers

A. true

B. false