Free Access SAP.C-TS4FI-1909.v2022-07-21.q99 Practice Test (Page 9)

Question 36

What should you check if the balance of the GR/IR account is not zero at the purchase order item level on the balance sheet key date? Choose the correct answers. 2

A.Check to see if the goods were produced by the key date, but have not been invoiced.

B.Check to see if the goods were invoiced by the key date, but have not yet been delivered.

C.Check to see if the goods were delivered by the key date, but have not yet been invoiced.

D.Check to see if the goods were ordered by the key date, but have not been received.

Question 37

Your customer- performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing?
There are 3 correct answers to this question.

A.Create the asset history sheet for asset accounting

B.Post recurring entries for the general ledger.

C.Process bad debt expenses for accounts receivable.

D.Perform foreign currency valuation for accounts payable.

Question 38

What do you define in payment terms?
Note: There are 2 correct answers to this question.

A.Tolerance days

B.Due date specification

C.Posting key

D.Cash discount

Question 39

In which of the following segments of a customer or vendor master record can you enter the terms of payment? Choose the correct answers. (3)

A.Client level segment

B.Purchasing organization segment

C.Company code segment

D.Sales area segment

Question 40

What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?

A.In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach

B.In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.

C.In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach

D.In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach

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Question 36

Question 37

Question 38

Question 39

Question 40

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