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QUESTION NO: 1
Which of the following assignments can be adjusted for the company code? (There are three correct answers.)
A. Segment
B. Company
C. Fiscal year variant
D. Chart of accounts
E. Leading ledger
Answer: B,C,D
Explanation:
You need to be familiar with the core objects and their assignments. The leading ledger is assigned to all company codes as there is only a single leading ledger per client. The segments are defined on the client level and assigned to profit centers. Yes, profit centers are assigned to company codes so you could argue about this (this is an example of an answer that would probably be rejected in a certification)
QUESTION NO: 2
What is the main differentiating factor of posting a manual accrual document compared to other manual transactions?
A. Document type
B. Reversal reason
C. Transaction type
D. Reference field
Answer: B
Explanation:
The fact that you preemptively assign a reversal reason and the date for reversal in the document header is what makes this posting unique.
QUESTION NO: 3
Which data sections are part of every asset class?
There are 2 correct answers to this question.
Response:
A. Valuation area data section
B. Depreciation data section
C. Account determination data section
D. Master data section
Answer: B,D
QUESTION NO: 4
Which of the following control data is carried by asset classes?
Choose the correct answers.
Response:
A. Account determination
B. Insurance type
C. Number range interval
D. Screen layout
Answer: A,C,D
QUESTION NO: 5
The cross-company code depreciation area is required in which of the following intercompany transfers?
A. For all intercompany asset transfers
B. For transfers where you also change the asset class
C. For transfers between company codes in different countries
D. For transfers with nonmatching depreciation areas
Answer: D
Explanation:
The cross-company code depreciation area is used exactly for cases where the sender has areas that need to be mapped to areas with different codification on the receiver side. You might need it for transfers that are between counties, but you also might not, as you might need it for the case of the changing asset class.
In questions such as these, you look for the answer that answers the question in all cases.
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Updated: May 28, 2022