C_TFIN52_66 Online Practice Questions and Answers

Which of the following task types are supported by the Closing Cockpit or Schedule Manager? (Choose three)

A. Spreadsheets

B. Transactions

C. Reconciliation keys

D. Notes (as a reminder or milestone)

E. Programs with or without variant

To which of the following does an asset class apply?

A. To all company codes in a controlling area

B. To all company codes in an instance (client-independent)

C. To all company codes in a client

D. To all company codes within a client, which share the same chart of accounts

You want to reconcile the amounts you have in a main bank G/L account in your system with the daily bank statement. You create a single intermediate G/L bank account for each bank. All transactions with the bank are posted through the intermediate account.

Which of the following indicators do you have to activate in the G/L account characteristics of the intermediate account? (Choose two)

A. Reconciliation account for account type Bank

B. Line item display

C. PandL statement account

D. Post automatically only

E. Open item management

Your customer wants to access line items for individual P/L accounts without leaving the balance sheet and P/L display.

What do you recommend?

A. Activate the Line Item Display flag in the financial statement version.

B. Use a drilldown report.

C. Use the standard Financial Statements (RFBILA00) report.

D. Run a line item report.

A customer wants to use segment reporting on balance sheet and P/L accounts. Which business function do you recommend?

A. Special Purpose Ledger

B. Profitability Analysis

C. New General Ledger Accounting

D. Profit Center Accounting

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

In the Data Entry view, what is the maximum number of line items in a single FI document?

A. 9999

B. 999

C. Unlimited

D. 99

You set up a new account group. Which Customizing settings for vendors can you control directly in this account group? (Choose two)

A. The sensitive fields for dual control

B. The One-Time Account checkbox

C. The fields that are available during posting to vendor accounts

D. The company codes that can be used for the account group

E. The number range of master data accounts

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. Currency key

B. Tolerance group

C. Document type

D. Field status variant

Which activity has an impact on the net book value of an asset?

A. Changing the account determination

B. Changing the useful life of the asset

C. Changing the assigned cost center

D. Changing the assigned WBS element

Which of the following activities generates an FI document if real-time integration between CO and FI has been set up? (Choose two)

A. A test run for the settlement run of an asset under construction to a G/L account

B. A subsequent change of a segment in a CO document

C. An assessment between cost centers in one company code with different functional areas

D. An assessment between cost centers that belong to two different company codes

E. A distribution between cost centers that reside in two different controlling areas

Which characteristics of account determination can be used to assign realized exchange rate differences to different G/L accounts? (Choose three)

A. Chart of accounts

B. Reconciliation account

C. Currency

D. Valuation method

E. Valuation key

Which steps are necessary to run a payment program? (Choose three)

A. Schedule print

B. Start transfer of open items to the payment program

C. Configure open item list

D. Maintain parameters

E. Start proposal run or payment run

Your customer wants to use the Closing Cockpit for period end closing. What major benefits of the Closing Cockpit do you highlight? (Choose two)

A. It enables the use of a task list covering all closing activities.

B. It optimizes legacy data transfer.

C. It closes the posting period automatically on the last day of the period.

D. It provides complete documentation of the activities performed during period-end closing.

Which activity has an impact on the net book value of an asset?

A. Changing the account determination

B. Changing the useful life of the asset

C. Changing the assigned cost center

D. Changing the assigned WBS element