What are the benefits of using the accrual engine? (Choose three)
Answer : A,B,E
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?
Answer : A
Your customer wants to use the Closing Cockpit for period end closing.
What major benefits of the Closing Cockpit do you highlight? (Choose two)
Answer : C,D
Which characteristics of account determination can be used to assign realized exchange rate differences to different G/L accounts? (Choose three)
Answer : A,B,E
Which of the following activities will generate an FI document if real-time integration between CO and FI has been set up? (Choose two)
Answer : B,D
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?
Answer : A
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?
Answer : D
A multinational concern acquires a company in another country which has local reporting requirements. They are using one operational chart of account for all companies.
How can you fulfill this country-specific requirement?
Answer : C
At the end of a fiscal year the system carries forward the balance of certain accounts to a special retained earnings account and sets them to zero.
Which accounts are treated in such a manner?
Answer : B
A vendor sends an invoice to a company which contains expenses for two company codes.
You post the vendor item to the receiving company code, then the expense, and finally a cross-charge to the other company code.
How are the taxes posted?
Answer : B
A customer wants to use segment reporting on balance sheet and P/L accounts.
Which functionality do you recommend?
Answer : D
Which of the following is mandatory to make G/L accounts ready for postings?
Answer : A
You receive a payment where the difference from the posted invoice is larger than the stated tolerance limit.
How can you deal with this? (Choose two)
Answer : C,D
What does the fiscal year variant control? (Choose two)
Answer : A,D
A customer wants to use document splitting to enable balance sheets by segments.
How do you set up the document split? (Choose two)
Answer : A,B