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NEW QUESTION 21
Financial Closing
“Which closing activities are performed for external reporting as per SAP best practices?
Note: There are 2 correct answers to this question.”
- A. Perform valuations of open items in foreigh currency.
- B. Update product cost estimates with standard prices.
- C. Run pla assessment cycles for profit centers.
- D. Regroup receivables and payables on the balance sheet.
Answer: A,D
NEW QUESTION 22
Financial Closing
“You forget to add a new general ledger account to the financial statement version.
What impact does this have on the net profit and net loss?”
- A. The balance of the new account is added to the non-assigned section and is excluded from the calculation
- B. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation
- C. The balance of the new account is added to the non-assigned section and is included in the calculation
- D. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation
Answer: B
NEW QUESTION 23
How does an automatic intercompany asset transfer work?
- A. It does NOT allow a transfer to happen within a single legal entity
- B. It determines the relationship type automatically, using the company code
- C. determines the relationship type automatically, using the company ID
- D. It assumes that the transfer happens between two independent legal entities
Answer: D
NEW QUESTION 24
Asset Accounting
“Which of the following should you consider when defining asset number ranges?
Note: There are 2 correct answers to this question.”
- A. Asset number range are defined at chart of depreciation level.
- B. Each asset class can have either an internal or external number range.
- C. Each asset number range must be assigned to a unique asset class.
- D. Asset number range are defined for asset classes and are company code specific.
Answer: B,D
NEW QUESTION 25
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