How many cash discount periods can be entered in the terms of payment? Choose the correct answer.

How many cash discount periods can be entered in the terms of payment? Choose the correct answer.A . 2B . 5C . 3D . 8View AnswerAnswer: C

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Which program is used to enter accruals and deferrals regularly? Choose the correct answer.

Which program is used to enter accruals and deferrals regularly? Choose the correct answer.A . Devising programB . Ledger groupingC . Recurring entry programD . Compact document journalView AnswerAnswer: C

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When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset? Choose the correct answers. (3)

When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset? Choose the correct answers. (3)A . Description of the assetB . Inventory numberC . Cost centerD . License plate numberView AnswerAnswer: A,B,C

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When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question.

When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question.A . When an account is required for clearingB . When an account is set up as a cost elementC . When an account has a zero balanceD ....

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What configuration items do you need to set up to post a simple document?

You are getting ready to post your first simple general ledger document using the SAP Fiori app for posting in a test environment. What configuration items do you need to set up to post a simple document? Note: There are 2 correct answers to this question.A . Posting period variant...

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What is the maximum number of steps possible in validation? Choose the correct answer.

What is the maximum number of steps possible in validation? Choose the correct answer.A . 999B . 566C . 199D . 99View AnswerAnswer: A

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What do you define when configuring asset classes? Note: There are 3 correct answers to this question.

What do you define when configuring asset classes? Note: There are 3 correct answers to this question.A . Screen layout rulesB . Number rangesC . Account determinationD . Posting keysE . Financial statement versionView AnswerAnswer: A,B,C

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Which closing activities are used in external reporting as per SAP best practices? Note: There are 2 correct answers to this question.

Which closing activities are used in external reporting as per SAP best practices? Note: There are 2 correct answers to this question.A . Perform valuations of open items in foreign currency.B . Execute the plan cost center assessment cycle.C . Reclassify receivables and payablesD . Update product cost estimates.View AnswerAnswer:...

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Which of the following tolerance groups should every company code always have? Choose the correct answer.

Which of the following tolerance groups should every company code always have? Choose the correct answer.A . NamedB . DefinedC . SpecialD . BlankView AnswerAnswer: D

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What are the main elements you need to define?

You want to configure the tax calculation procedures. What are the main elements you need to define? There are 3 correct answers to this questionA . Tax codeB . Condition TypeC . Account or transaction keyD . Sequence of stepsE . Country keyView AnswerAnswer: B,C,D

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