SAP FI Certification Sample Questions and Answers Set - 3

C_TFIN52_67 Dumps Free, C_TFIN52_67 PDF Download, SAP FI Dumps Free, SAP FI PDF Download, SAP Financial Accounting Certification, C_TFIN52_67 Free DownloadThe SAP FI Certification Sample Question Set is prepared to make you familiar with actual SAP C_TFIN52_67 exam question format and exam pattern. To get familiar with more exam properties, we suggest you to try our Sample SAP FI Certification Practice Exam.

This Sample SAP FICO Certification Practice Exam is designed for evaluation purpose only. If you are planning to write the SAP Financial Accounting Certification Exam (C_TFIN52_67) and really want to test your SAP FI subject knowledge to identify your weak areas, we strongly recommend you to start your preparation with our Premium SAP FI Certification Practice Exam.

SAP FI Sample Questions:

01. In your leading ledger (ledger solution), balance sheets must be created for company codes and segments. Which Customizing settings do you need to make
Note: There are 2 correct answers to this question.
a) Define a retained earnings account.
b) Define two retained earnings accounts and assign them to your P&L accounts.
c) Assign the Segment Reporting scenario to your leading ledger.
d) Activate cost of sales accounting.

02. Which object has to be used to avoid a change of reconciliation account in the customer's master data?
Note: Please choose the correct answer.
a) The field status group of the reconciliation account
b) The field status of the posting key
c) The field status of the customer account group
d) The field status of the activity

03. Into which types can Special G/L transactions be divided?
Note: There are 3 correct answers to this question.
a) Automatic offsetting entry
b) Noted item
c) Value adjustment
d) Interest
e) Free offsetting entry

04. What do you use the Closing Cockpit for?
Note: Please choose the correct answer.
a) To perform periodically recurring activities
b) To run reconciliation between CO and F
c) To perform day-to-day activities
d) To create mass change of offsetting days for existing activities

05. What does the fiscal year variant control?
Note: There are 2 correct answers to this question.
a) The AuC has not been released.
b) There is no settlement profile assigned to the company code.
c) The settlement profile does not allow assets as valid receivers.
d) The status of the AuC is set to Summary Management.
e) The Depreciation Engine is not active.

06. In the New General Ledger Accounting, how would you incorporate companies with different fiscal years if you wanted to assign them to the same controlling area?
Note: Please choose the correct answer.
a) Use the same fiscal year variant for all company codes and do a reversible close for the company codes that have different fiscal years.
b) Create company codes with different fiscal year variants and assign them to the same group company for reporting purposes.
c) Create company codes with the same fiscal year variant and assign the company codes that have a different fiscal year to non-leading ledgers with the appropriate fiscal year variant.
d) Use the same fiscal year variant for all company codes and set up parallel accounting for company codes that have different fiscal years.

07. You are asked to set up the accounting structure to facilitate segment reporting based on the SAP standard segmentation scenario. Which organizational unit can be used to derive the segment?
Note: Please choose the correct answer.
a) Profit center
b) Company code
c) Business area
d) Functional area

08. Which objects can be assigned to an asset master record?
Note: There are 3 correct answers to this question.
a) Cost center.
b) Internal order.
c) Profit center.
d) WBS element.
e) Profitability segment.

09. Your customer wants to clear minor payment differences for incoming payments automatically. Which objects do you have to use to fulfill this requirement?
Note: Please choose the correct answer.
a) Tolerance groups for G/L account and tolerance groups for employees
b) Tolerance groups for G/L account and tolerance groups for customers/vendors
c) Tolerance groups for employees and tolerance groups for document types
d) Tolerance groups for employees and tolerance groups for customers/vendors

10. Your customer wants to add a new company code and asks you to make the configuration settings for document types and number ranges. What do you have to do?
Note: Please choose the correct answer.
a) Allow all document types for the new company code.
b) Define number ranges for the new company code
c) Set a second number range for all document types.
d) No additional settings are necessary

Quick Tips:
  • SAP provides a note "There are 'N' correct answers to this question." in actual SAP FICO Certification Exam.
  • SAP does not ask "True or False" type questions in actual SAP C_TFIN52_67 Exam.
  • SAP provides an option to Increase (+) or Decrease (-) font size of exam screen for better readability in actual SAP Financial Accounting Certification Exam.

Solutions:

QUESTION: 01 Answer: a, c QUESTION: 02 Answer: d QUESTION: 03 Answer: a, b, e QUESTION: 04 Answer: a QUESTION: 05 Answer: a, b
QUESTION: 06 Answer: c QUESTION: 07 Answer: a QUESTION: 08 Answer: a, b, d QUESTION: 09 Answer: d QUESTION: 10 Answer: b

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