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1. When you post a payment for an invoice, how does the system derive the splitting characteristics? Please choose the correct answer.
A) Inheritance
B) Passive document splitting
C) Active document splitting
D) Default assignment
2. Your customer wants the values for a special group of assets to be shown separately in the general ledger.
Which objects do you create in Customizing for Asset Accounting? There are 2 correct answers to this question.
A) Depreciation area
B) Asset class
C) Financial statement version
D) Account determination key
3. The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false..
A) False
B) True
4. What must you do to create new validations and substitutions? There are 2 correct answers to this question.
A) Select the relevant call-up point
B) Define the area of application
C) Deactivate all former validations and substitutions
D) Choose the chart of accounts
5. Down payments received reduce the total of which of the following entities? Please choose the correct answer.
A) Inventory
B) Receivables
C) Bank balance
D) Payables
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B,D | Question # 3 Answer: B | Question # 4 Answer: A,B | Question # 5 Answer: B |
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