Online Access Free C-TS4FI-1909 Practice Test

What is the purpose of the chart of depreciation?

• A.The chart of depreciation defines the asset classes for which you can create fixed assets.
• B.The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
• C.The chart of depreciation is a reporting tool that structures your assets for hierarchical reports.
• D.The chart of depreciation facilitates country-specific legal valuation of fixed assets.

What is the format of a company code key? Choose the correct answer.

• A.Six-digit alphanumeric
• B.Eight-digit alphanumeric
• C.Four-digit alphanumeric
• D.Two-digit alphanumeric

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

• A.Execute the plan cost center assessment cycle.
• B.Reclassify receivables and payables
• C.Perform valuations of open items in foreign currency.
• D.Update product cost estimates.

Which prerequisite must be met by the technical clearing account for integrated asset acquisition?

• A.The account is created for all active company codes of the client.
• B.The account is assigned in the asset account determination for each valid depredation area.
• C.The account is a reconciliation balance sheet account for fixed assets.
• D.The account is a profit-and-loss account that must be open item managed.

Which of the following statements is correct for external number assignment (manual posting)? Choose the correct answer.

• A.The number must be assigned in a sequence.
• B.The number is the last document number.
• C.The number is entered by the user.
• D.The number is automatically assigned.