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

QUESTION NO: 1
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?
Please choose the correct answer.
Response:

A. Country data for the payment methods B. Paying company codes for payment transactions C. Company code data for the payment methods D. Bank account determination

Correct Answer: A

QUESTION NO: 2
How do you prevent duplicate vendors from being created?
There are 2 correct answers to this question.
Response:

A. Run the Vendor De-Duplication report. B. Activate message control for the duplicate vendor check. C. Use matchcode to check whether the vendor already exists. D. Activate master data comparison for the vendor.

Correct Answer: B,C

QUESTION NO: 3
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: 4
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. Assign the Profit Center Update scenario to the ledger. B. Deactivate document splitting for profit centers. C. Set up the same group currency for all company codes and profit centers. D. Activate transfer prices in Profit Center Accounting.

Correct Answer: A

QUESTION NO: 5
What are the benefits of using the accrual engine? (Choose three)

A. The accrual engine supports parallel accounting. B. The accrual engine calculates the accrual amounts automatically. C. The accrual engine is client-independent. D. The accrual engine can simulate planned future accruals. E. The accrual engine can correct accruals in the previous month even if that period is closed.

Correct Answer: A,B,D

QUESTION NO: 6
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 post in FI directly to a segment. C. Segments are derived from profit centers in the standard system. D. You can assign a segment to a cost accounting object such as a cost center or internal order. E. You can assign the segment to the material master.

Correct Answer: A,B,C

QUESTION NO: 7
Which of the following is mandatory to make G/L accounts ready for posting?
Please choose the correct answer.
Response:

A. A chart of accounts segment and at least one company code segment B. A chart of accounts segment and at least one functional area C. A company code segment and at least one cost element D. A chart of accounts segment and at least one cost element

Correct Answer: A

QUESTION NO: 8
To which of the following does an asset class apply?

A. To all company codes in a controlling area B. To all company codes within a client, which share the same chart of accounts C. To all company codes in a client D. To all company codes in an instance (client-independent)

Correct Answer: C

QUESTION NO: 9
You set up a new account group. Which Customizing settings for vendors can you control directly in this account group? (Choose two)

A. The number range of master data accounts B. The One-Time Account checkbox C. The sensitive fields for dual control D. The company codes that can be used for the account group E. The fields that are available during posting to vendor accounts

Correct Answer: A,B

QUESTION NO: 10
In which Customizing activity do you decide which special G/L transactions are to be paid automatically via the payment program?

A. Set Up Payment Methods per Country for Payment Transactions B. Set Up Paying Company Codes for Payment Transactions C. Set Up All Company Codes for Payment Transactions D. Set Up Payment Methods per Company Code for Payment Transactions

Correct Answer: C

SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EhP7 - C-TFIN52-67 Exam Questions