Get New 2023 Valid Practice To your C_TFIN52_67 Exam (Updated 160 Questions)
SAP Application Associate C_TFIN52_67 Exam Practice Test Questions Dumps Bundle!
NEW QUESTION # 20
You have been asked to showcase the "asset sale with customer" scenario in the next blueprint workshop meeting.
What do you have to consider when posting an asset sale? (Choose two.)
- A. You must use posting key 75 (credit asset) and select the specific asset sale in the account field.
- B. You must specify the asset value date.
- C. You must post the sale against an asset that has an acquisition.
- D. You must calculate and input the profit or loss from the asset sale in a separate line during posting.
Answer: B,C
NEW QUESTION # 21
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.
Answer: C
NEW QUESTION # 22
For which scenario can you use the cash journal?
Please choose the correct answer.
Response:
- A. To post incoming and outgoing payments in any transaction currency
- B. To make remittances to vendors
- C. To record documents that will not be included in the general ledger
- D. To manage cash in local branches and offices
Answer: D
NEW QUESTION # 23
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 Text field is hidden.
- B. A warning message is shown.
- C. An error message is shown.
- D. The document is posted.
Answer: C
NEW QUESTION # 24
Identify the main areas of the Implementation Roadmap from the items listed below?
There are 3 correct answers to this question.
Response:
- A. Roadmap structure Attachments area
- B. Viewing / Text area
- C. Accelerator area
- D. IMG area
Answer: A,B,D
NEW QUESTION # 25
Which of the following activities generates an FI document if real-time integration between CO and FI has been set up?
There are 2 correct answers to this question.
Response:
- A. A test run for the settlement run of an asset under construction to a G/L account
- B. A distribution between cost centers that reside in two different controlling areas
- C. A subsequent change of a segment in a CO document
- D. An assessment between cost centers in one company code with different functional areas
- E. An assessment between cost centers that belong to two different company codes
Answer: D,E
NEW QUESTION # 26
Which of the following objects can be used to derivate segments automatically?
Response:
- A. Cost center
- B. Profit center
- C. Functional area
- D. G/L account
Answer: B
NEW QUESTION # 27
Which functions are provided by the Reclassify Payables/Receivables closing activity? (Choose two)
- A. Regrouping and sorting of payables and receivables
- B. Credit check and rating of open items
- C. Open item analysis for liquidity forecast
- D. Adjustment postings for changed reconciliation accounts
Answer: A,D
NEW QUESTION # 28
You entered a non-invoice-related credit memo and selected Net Due 30 Days as the term of payment. The Invoice Reference field is empty. What effect does this have on the term of payment entered in the credit memo?
- A. The term of payment entered in the credit memo is used during clearing.
- B. An error occurs.
- C. The term of payment entered in the credit memo is ignored during clearing.
- D. The term of payment entered in the credit memo is replaced by the term of payment from the last valid customer invoice.
Answer: C
NEW QUESTION # 29
Which activity has an impact on the net book value of an asset?
- A. Changing the assigned WBS element
- B. Changing the assigned cost center
- C. Changing the useful life of the asset
- D. Changing the account determination
Answer: C
NEW QUESTION # 30
Your customer has two company codes in the same client. Each company code has a different operational chart of accounts. The customer has a country-specific chart of accounts for each company code. How does this influence how you create customer master records?
- A. You have to create customer master records for each chart of accounts.
- B. You have to create customer master records for each country-specific chart of accounts.
- C. You have to create customer master records for each credit control area.
- D. You have to create one master record for each customer.
Answer: D
NEW QUESTION # 31
Which transactions in the procurement process with valuated goods receipt create documents in FI?
There are 2 correct answers to this question.
Response:
- A. Create purchase requisition
- B. Post valuated goods receipt
- C. Create purchase order
- D. Enter invoice receipt
Answer: B,D
NEW QUESTION # 32
What is the purpose of account determination in the accrual engine?
There are 2 correct answers to this question.
Response:
- A. To determine debit and credit accounts
- B. To determine the correct posting period
- C. To determine the CO object
- D. To determine the document type
Answer: A,D
NEW QUESTION # 33
Which of the following accounts are updated directly?
Please choose the correct answer.
Response:
- A. Accounts in the country chart of accounts
- B. Accounts in the master chart of accounts
- C. Accounts in the group chart of accounts
- D. Accounts in the operating chart of accounts
Answer: D
NEW QUESTION # 34
In your leading ledger (ledger solution), balance sheets must be created for company codes and segments.
Which Customizing settings do you need to make? (Choose two.)
- A. Define two retained earnings accounts and assign them to your P&L accounts.
- B. Assign the Segment Reporting scenario to your leading ledger.
- C. Define a retained earnings account.
- D. Activate cost of sales accounting.
Answer: B,C
NEW QUESTION # 35
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 Text field is hidden.
- B. A warning message is shown.
- C. An error message is shown.
- D. The document is posted.
Answer: C
NEW QUESTION # 36
What is true about BAPI (Business Application Programming Interface)? (Choose five.)
- A. A business object in the Business Object Repository (BOR) can have many methods from which one or several are implemented as BAPIs.
- B. BAPIs offer a stable, standardized interface for integrating third-party applications and components in the Business Framework.
- C. In the R/3 Enterprise version (4)7) we can use BAPI to create an internal order inside a customized ABAP program.
- D. An open architecture for cross-platform development of client/server applications based on object-oriented technology.
- E. It is a well-defined interface providing access to processes and data of business application systems.
- F. A BAPI is assigned to one and only one business object.
Answer: A,B,C,E,F
NEW QUESTION # 37
Which factors determine the fiscal year variant you would assign to a company code?
There are 2 correct answers to this question.
Response:
- A. The need to control which periods are open for posting for the company code
- B. The fiscal year start and end period of the company
- C. The existence of a shortened fiscal year
- D. The need to control which periods are open for posting for specific user groups
- E. The use of a specific fiscal year variant by other company codes on the client
Answer: B,C
NEW QUESTION # 38
Identify the benefits of SAP Solution Manager?
There are 5 correct answers to this question.
Response:
- A. Reduced cost of implementation
- B. More reliable IT solutions
- C. Reduced ROI
- D. More leverage from IT investments
- E. Reduced cost of operation
- F. Faster ROI
Answer: A,B,D,E,F
NEW QUESTION # 39
You want to capitalize an Asset under Construction (AuC) using the line item settlement process. However, the settlement does not work. What could be the reason?
There are 3 correct answers to this question.
Response:
- A. The status of the AuC is set to Summary Management.
- B. The AuC has not been released.
- C. There is no settlement profile assigned to the company code.
- D. The Depreciation Engine is not active.
- E. The settlement profile does not allow assets as valid receivers.
Answer: A,C,E
NEW QUESTION # 40
How does SAP support impairment posting?
- A. By using special depreciation keys
- B. By using Segment Reporting
- C. By using new transaction codes for retirements
- D. By using worklists
Answer: D
NEW QUESTION # 41
Special G/L transactions can be divided into which types? (Choose three)
- A. Document parking
- B. Noted item
- C. Automatic offsetting entry
- D. Free offsetting entry
- E. Interest
Answer: B,C,D
NEW QUESTION # 42
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. Display, Required Entry, Optional Entry, Hide
- B. Hide, Display, Required Entry, Optional Entry
- C. Required Entry, Optional Entry, Hide, Display
- D. Optional Entry, Hide, Display, Required Entry
Answer: B
NEW QUESTION # 43
You want to reconcile the amounts you have in a main bank G/L account in your system with the daily bank statement. You create a single intermediate G/L bank account for each bank.
All transactions with the bank are posted through the intermediate account. Which of the following indicators do you have to activate in the G/L account characteristics of the intermediate account?
There are 2 correct answers to this question.
Response:
- A. Post automatically only
- B. Line item display
- C. Open item management
- D. Reconciliation account for account type Bank
- E. P&L statement account
Answer: B,C
NEW QUESTION # 44
Your customer's Accounting department informs you that the company issues checks. They need to easily differentiate payments made by check.
How can you facilitate this requirement?
- A. Customize a line item report that filters data according to the text field, and instruct users to enter the word
"Check" in the field when entering such payments. - B. Use the payment term for checks.
- C. Use the payment method for checks.
- D. Create an additional field in the coding block called Check.
Answer: C
NEW QUESTION # 45
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