SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7

QUESTION NO: 1
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?

A. Set up the Valuation Cockpit to perform this task. 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 a new exchange rate type and assign it to a valuation method.

Correct Answer: C

QUESTION NO: 2
You want to update the Search Term2 field in your customer master data, but the field does not appear in the maintenance transaction. Which field status definitions do you have to check and, if necessary, change in Customizing? (Choose two)

A. Field status definitions of activities B. Field status definitions of company codes C. Field status definition of the assigned reconciliation account D. Field status definitions of account groups

Correct Answer: A,D

QUESTION NO: 3
What do you define when you set up a depreciation area?

A. The company code in Asset Accounting B. The asset number ranges C. The account determination D. The posting to the general ledger

Correct Answer: D

QUESTION NO: 4
Identify the main areas of the Implementation Roadmap from the items listed below?
There are 3 correct answers to this question.
Response:

A. IMG area B. Accelerator area C. Viewing / Text area D. Roadmap structure Attachments area

Correct Answer: A,C,D

QUESTION NO: 5
What are the advantages of the Payment Medium Workbench (PMW)? (Choose three)

A. It provides a uniform set of functions for all kinds of payment methods. B. It activates the automatic import of settings related to changes in payment transaction laws. C. It automatically creates direct debits. D. It can be used to create new payment formats. E. It can be used to change payment formats without modifying the programs.

Correct Answer: A,D,E

QUESTION NO: 6
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?
Please choose the correct answer.
Response:

A. You have to create customer master records for each credit control area. B. You have to create customer master records for each country-specific chart of accounts. C. You have to create one master record for each customer. D. You have to create customer master records for each chart of accounts.

Correct Answer: C

QUESTION NO: 7
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 order B. Post valuated goods receipt C. Enter invoice receipt D. Create purchase requisition

Correct Answer: B,C

QUESTION NO: 8
Which of the following are the main components of a drilldown report?
Please choose the correct answer.
Response:

A. Variables and key figures B. Characteristics and variables C. Characteristics and key figures D. Variables and general selection criteria

Correct Answer: C

QUESTION NO: 9
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. Open item management B. Post automatically only C. Reconciliation account for account type Bank D. Line item display E. P&L statement account

Correct Answer: A,D

QUESTION NO: 10
Which of the following objects can be used to derivate segments automatically?
Response:

A. Cost center B. Functional area C. G/L account D. Profit center

Correct Answer: D

QUESTION NO: 11
You want to use the same set of values for a specific criterion in several reports.
What is the easiest way to accomplish this?
Please choose the correct answer.
Response:

A. Create a D variable containing the values and use it in all the reports. B. Create a set containing the values and use it in all the reports. C. Create a selection variable containing the values and use it in all the reports. D. Enter the values, save them as a variant, and use this variant in all the reports.

Correct Answer: C

SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7 - C_TFIN52_67 Exam Questions