C_TFIN52_67 Online Practice Questions and Answers

Which of the following objects can you post to via the cash journal?

There are 2 correct answers to this question.

Response:

A. Asset master

B. Accrual Engine

C. Customer

D. One-time customer

E. Material master

Which transactions in the procurement process with valuated goods receipt create documents in FI? (Choose two)

A. Create purchase requisition

B. Create purchase order

C. Post valuated goods receipt

D. Enter invoice receipt

When parking a document, which of the following occurs in the system?

Please choose the correct answer.

Response:

A. The document number is assigned and transaction figures are updated.

B. The document number is not assigned and transaction figures are not updated.

C. The document number is assigned but transaction figures are not updated.

D. The document number is not assigned but transaction figures are updated.

Your customer runs an SAP system with New General Ledger Accounting activated. They want to run a

valuation of accounts receivable that are posted in foreign currency.

What do you have to do?

Please choose the correct answer.

Response:

A. Set up a new exchange rate type and assign it to a valuation method.

B. Assign a valuation method to all customer master records that you want to valuate.

C. Set up a valuation method and assign it to a valuation area.

D. Set up the Valuation Cockpit to perform this task.

Your customer runs an SAP ERP system with New General Ledger Accounting activated. What do you

need to do for Profit Center updates to be part of the general ledger?

Please choose the correct answer.

Response:

A. Activate transfer prices in Profit Center Accounting.

B. Set up the same group currency for all company codes and profit centers.

C. Deactivate document splitting for profit centers.

D. Assign the Profit Center Update scenario to the ledger.

You entered a G/L account posting and received an error message saying that account type D (customer)

is not allowed.

Which object causes this error?

A. Currency key

B. Tolerance group

C. Document type

D. Field status variant

Which transactions in the procurement process with valuated goods receipt create documents in FI?

There are 2 correct answers to this question.

Response:

A. Enter invoice receipt

B. Create purchase requisition

C. Create purchase order

D. Post valuated goods receipt

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

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

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

What is the purpose of account determination in the accrual engine?

There are 2 correct answers to this question.

Response:

A. To determine the document type

B. To determine the CO object

C. To determine debit and credit accounts

D. To determine the correct posting period

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 elements of a customer account are created when you maintain the account decentralized in

Financial Accounting?

Please choose the correct answer.

Response:

A. General data and sales area data

B. General data, company code data, and purchasing organization data

C. General data and company code data

D. General data, company code data, and sales area data

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

A multinational enterprise acquires a company in a country which has local reporting requirements. The

multinational enterprise wants to use one operational chart of account for all companies.

How can you fulfill this country-specific requirement?

A. Create a country-specific chart of accounts and assign it to the group chart of accounts.

B. Create a group chart of accounts and assign it to the company code.

C. Create a country-specific chart of accounts and assign it to the regular chart of accounts.

D. Create a country-specific chart of accounts and assign it to the company code.

Your company currently uses internal number ranges for documents. You are rolling out your system in a new country. It is a legal requirement in this country to have external document numbering on vendor invoices (currently document type KR). You have copied the number ranges from the existing company code to the new company code. Which Customizing settings do you have to make to meet this requirement and have a minimal effect on the existing system configuration?

A. Mark a new document number range as external and assign it to the document type KR.

B. Create a new external document type and assign the number range 51 to the new document type.

C. Create a new document type and a new external number range interval as external. Assign the new number range to the new document type.

D. Mark existing number range interval 51 as external for the new company code.