Learn, Practice, and Improve with SAP C_TFIN52_67 Practice Test Questions

What are the prerequisites for posting a vendor invoice in Financial Accounting?
There are 2 correct answers to this question.
Response:

A.

You have maintained the currency exchange rates in the system.

B.

You have set up a number range for the vendor invoice document type.

C.

 You have created a company code segment in the vendor master.

D.

You have updated the bank details section of the vendor.

Your customer runs an SAP system with New General Ledger Accounting activated. They
want to run a valuation of accounts receivable that are posted in foreign currency.
What do you have to do?
Please choose the correct answer.
Response:

A.

Set up a new exchange rate type and assign it to a valuation method.

B.

Assign a valuation method to all customer master records that you want to valuate.

C.

Set up a valuation method and assign it to a valuation area.

D.

Set up the Valuation Cockpit to perform this task.

Which of the following status symbols are used in customer and vendor line item lists?
There are 3 correct answers to this question.
Response:

A.

Parked

B.

Cleared

C.

Overdue

D.

Open

E.

Not due

What additional options does parking documents offer compared to holding documents?
There are 2 correct answers to this question.
Response:

A.

A parked document can be posted using a workflow.B. A parked document can be changed and posted 

B.

A parked document can be changed and posted by another user, thereby supporting the
principle of dual control.

C.

A parked document can be posted via automatic speech recognition.

D.

A parked document can be posted cross-client to minimize the Total Cost of Ownership
(TCO).

Which of the following statements are true?
There are 3 correct answers to this question.
Response:

A.

Every company code that needs to use an account from the assigned chart of accounts
has to create its own company code segment.

B.

For P+L statement accounts, the balance is carried forward to the same account.

C.

In the chart of accounts segment, it is necessary to indicate whether the account will be
a balance sheet or a profit + loss statement account.

D.

Number intervals for G/L account master records can overlap.
It is not possible to influence the appearance of an account's master data.

Which line item field is filled automatically by the sort key field of a master record (G/L
account, customer, or vendor)?
Please choose the correct answer.
Response:

A.

Item text

B.

Assignment

C.

Amount in document currency

D.

Number of the invoice to which the transaction belongs

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?
Please choose the correct answer.
Response:

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.