[Feb-2022] Free C_TFIN52_67 Exam Questions C_TFIN52_67 Actual Free Exam Questions
Verified C_TFIN52_67 dumps and 160 unique questions
C_TFIN52_67 Exam Certification Details:
| Component: | Financial Accounting |
| Languages: | German, English, Spanish, French, Japanese, Korean, Portuguese, Russian, Chinese trad. |
| Duration: | 180 mins |
| Exam: | 80 questions |
| Sub-solution: | ERP: Financials |
SAP C_TFIN52_67 Exam Syllabus Topics:
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NEW QUESTION 70
What characteristics are configured as standard for every customer/vendor account?
There are 2 correct answers to this question.
Response:
- A. Company Code.
- B. Purchasing Organization.
- C. Currency.
- D. Open Item Management.
- E. Line Item Display.
Answer: D,E
NEW QUESTION 71
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 use of a specific fiscal year variant by other company codes on the client
- B. The fiscal year start and end period of the company
- C. The need to control which periods are open for posting for the company code
- D. The existence of a shortened fiscal year
- E. The need to control which periods are open for posting for specific user groups
Answer: B,D
NEW QUESTION 72
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 one master record for each customer.
- D. You have to create customer master records for each credit control area.
Answer: C
NEW QUESTION 73
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. Activate cost of sales accounting.
- B. Assign the Segment Reporting scenario to your leading ledger.
- C. Define a retained earnings account.
- D. Define two retained earnings accounts and assign them to your P&L accounts.
Answer: B,C
NEW QUESTION 74
What are the benefits of using the accrual engine? (Choose three)
- A. The accrual engine calculates the accrual amounts automatically.
- B. The accrual engine can correct accruals in the previous month even if that period is closed.
- C. The accrual engine supports parallel accounting.
- D. The accrual engine is client-independent.
- E. The accrual engine can simulate planned future accruals.
Answer: A,C,E
NEW QUESTION 75
To which of the following does an asset class apply?
- A. To all company codes within a client, which share the same chart of accounts
- B. To all company codes in a controlling area
- C. To all company codes in a client
- D. To all company codes in an instance (client-independent)
Answer: C
NEW QUESTION 76
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?
- A. Tolerance group
- B. Currency key
- C. Document type
- D. Field status variant
Answer: C
NEW QUESTION 77
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 then save different variants based on the needs of the various groups.
- B. Create different versions of the same FSV.
- C. Create different FSVs based on the needs of the target group.
- D. Create one FSV and enhance it with different sets of notes.
Answer: C
NEW QUESTION 78
Which object has to be used to avoid a change of the reconciliation account in the customer's master data?
Please choose the correct answer.
Response:
- A. The field status of the customer account group.
- B. The field status of the activity.
- C. The field status of the posting key.
- D. The field status group of the reconciliation account.
Answer: B
NEW QUESTION 79
Your company uses only book depreciation and you activate the new depreciation engine. The book depreciation key Z010 curently used by an asset should be changed to Z020. The asset depreciation started two years ago, and depreciation for the current year has already been posted for the months of January, February, and March (monthly depreciation run). The change should take effect from April 1st. How can you implement this change? (Choose two)
- A. Create a new asset referencing the asset you want to change. On the Depreciation Areas screen, select depreciation key Z020. Then post an asset transfer from the existing asset to the new asset.
- B. Call the Depreciation Areas screen in the asset master and assign the key Z020 with validity start date of April 1st.
- C. Call the Depreciation Areas screen in the asset master and change the depreciation key from Z010 to Z020. Also change the ordinary depreciation start date to April 1st.
- D. Undo the depreciation postings for the asset in the current year. Then call the Depreciation Areas screen in the asset master and change the key from Z010 to Z020.
Answer: A,B
NEW QUESTION 80
You have two house banks. Each house bank has three bank accounts. How many separate G/L accounts do you recommend the customer creates in the chart of accounts?
- A. Two - one for each house bank
- B. Six - one for each combination of house bank and bank account
- C. One for all postings
- D. Three - one for each bank account
Answer: B
NEW QUESTION 81
Which of the following objects can you post via the cash journal? (Choose two.)
- A. Customer
- B. Asset master
- C. Material master
- D. One-time customer
- E. Accrual Engine
Answer: A,D
NEW QUESTION 82
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 perform periodically recurring activities
- B. To run reconciliation between CO and FI
- C. To create mass change of offsetting days for existing activities
- D. To perform day-to-day activities
Answer: A
NEW QUESTION 83
Consider the following statements, Which of them are false?
1) You cannot use the country chart of accounts if you desire to use the cross-company code controlling. 2) The disadvantage of using country chart of accounts is the accounting clerks who may
be familiar with the country chart of accounts first have to get used to using the operational chart of accounts.
3) Reconciliation accounts are updated on a daily basis.
Please choose the correct answer.
Response:
- A. 1 and 2
- B. 1 and 3
- C. 2 and 3
- D. None of them
- E. All of them
Answer: B
NEW QUESTION 84
Your customer sells products and services. They have to separate the invoices into invoices for products and invoices for services. Which object do you have to use to create dunning notices dependent on the division (product or service)?
- A. Separate dunning runs
- B. Dunning areas
- C. Dunning block reasons
- D. Dunning keys
Answer: B
NEW QUESTION 85
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 the way 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 one master record for each customer.
- D. You have to create customer master records for each credit control area.
Answer: C
NEW QUESTION 86
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. Activate cost of sales accounting.
- B. Assign the Segment Reporting scenario to your leading ledger.
- C. Define a retained earnings account.
- D. Define two retained earnings accounts and assign them to your P&L accounts.
Answer: B,C
NEW QUESTION 87
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 company code.
- B. Create a country-specific chart of accounts and assign it to the group chart of accounts.
- C. Create a country-specific chart of accounts and assign it to the regular chart of accounts.
- D. Create a group chart of accounts and assign it to the company code.
Answer: A
Explanation:
Explanation/Reference:
NEW QUESTION 88
In which Customizing activity do you decide which special G/L transactions are to be paid automatically via the payment program?
- A. Set Up Paying Company Codes for Payment Transactions
- B. Set Up Payment Methods per Company Code for Payment Transactions
- C. Set Up All Company Codes for Payment Transactions
- D. Set Up Payment Methods per Country for Payment Transactions
Answer: C
NEW QUESTION 89
How do you implement parallel accounting in Asset Accounting?
- A. By using two asset classes
- B. By using an extra chart of accounts
- C. By using two depreciation areas
- D. By using two different charts of depreciation
Answer: C
NEW QUESTION 90
What is true about BAPI (Business Application Programming Interface)? (Choose five.)
- A. An open architecture for cross-platform development of client/server applications based on object-oriented technology.
- B. A BAPI is assigned to one and only one business object.
- C. In the R/3 Enterprise version (4)7) we can use BAPI to create an internal order inside a customized ABAP program.
- D. A business object in the Business Object Repository (BOR) can have many methods from which one or several are implemented as BAPIs.
- E. It is a well-defined interface providing access to processes and data of business application systems.
- F. BAPIs offer a stable, standardized interface for integrating third-party applications and components in the Business Framework.
Answer: B,C,D,E,F
NEW QUESTION 91
Which 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, company code data, and purchasing organization data
- B. General data and company code data
- C. General data, company code data, and sales area data
- D. General data and sales area data
Answer: B
NEW QUESTION 92
Which of the following objects can you post to via the cash journal?
There are 2 correct answers to this question.
Response:
- A. Customer
- B. Asset master
- C. Material master
- D. One-time customer
- E. Accrual Engine
Answer: A,D
NEW QUESTION 93
What are the advantages of the Payment Medium Workbench (PMW)?
There are 3 correct answers to this question.
Response:
- A. It can be used to create new payment formats.
- B. It activates the automatic import of settings related to changes in payment transaction laws.
- C. It can be used to change payment formats without modifying the programs.
- D. It automatically creates direct debits.
- E. It provides a uniform set of functions for all kinds of payment methods.
Answer: A,C,E
NEW QUESTION 94
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