SAP SAP Certifications C_TFIN52_67 Questions & Answers

• Question 11:

  A customer is running SAP ERP 6.0 with New General Ledger Accounting.

  For which purpose can they use the Closing Cockpit?

  Please choose the correct answer.

  Response:

  A. To create mass change of offsetting days for existing activities

  B. To perform periodically recurring activities

  C. To run reconciliation between CO and FI

  D. To perform day-to-day activities

  Correct Answer: B

• Question 12:

  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 a retained earnings account.

  B. Define two retained earnings accounts and assign them to your PandL accounts.

  C. Assign the Segment Reporting scenario to your leading ledger.

  D. Activate cost of sales accounting.

  Correct Answer: AC

• Question 13:

  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.

  Correct Answer: D

• Question 14:

  When dealing with financial statement versions (FSVs), how do you ensure that the requirements of the various target groups (for example auditors, tax authorities, and banks) are satisfied?

  A. Create one FSV and enhance it with different sets of notes.

  B. Create one FSV and then save different variants based on the needs of the various groups.

  C. Create different versions of the same FSV.

  D. Create different FSVs based on the needs of the target group.

  Correct Answer: D

• Question 15:

  What does the year-end closing program do in Asset Accounting? (Choose two)

  A. It opens new annual value fields for each asset.

  B. It checks whether depreciation and assets are fully posted.

  C. It checks whether the previous year has been closed in Financial Accounting.

  D. It checks whether assets contain errors or are incomplete.

  Correct Answer: BD

• Question 16:

  Your customer wants to clear minor payment differences for incoming payments automatically. Which objects do you have to use to fulfill this requirement?

  A. Tolerance groups for employees and tolerance groups for document types

  B. Tolerance groups for employees and tolerance groups for customers/vendors

  C. Tolerance groups for G/L accounts and tolerance groups for employees

  D. Tolerance groups for G/L accounts and tolerance groups for customers/vendors

  Correct Answer: B

• Question 17:

  What are the prerequisites for posting a vendor invoice in Financial Accounting? (Choose two)

  A. You have maintained the currency exchange rates in the system.

  B. You have set up a number range for the vendor invoice document type.

  C. You have created a company code segment in the vendor master.

  D. You have updated the bank details section of the vendor.

  Correct Answer: BC

• Question 18:

  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

  Correct Answer: A

• Question 19:

  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.

  Correct Answer: C

• Question 20:

  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

  Correct Answer: C