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System allows you to enter the date interval from and to- in case of foreign currency translation rates. True. False.

Physical inventory is a MM/PP module transaction and hence no accounting entry is passed in G/L but real stock is adjusted in MM/PP. True. False.

It is user definition whether SAP will control the open item selection. True. False.

We cannot create manual checks for payment to business partners and update in the system. False. True.

It is not possible to calculate the due date on fixed dates like end of month with days Calculation. False. True.

All Fl entries will be repeated in CO module also. False. True.

It is possible to define the standard translation method of foreign currency in the posting key. False. True.

Reconciliation account definitions are available in payment data of general data in Customer master. False. True.

It is not possible to see document currency and company code currency at the same time during document display option. False. True.

G/L master record is always for all company codes in the system. True. False.

Tax codes are created at company code level. False. True.

Residual payment creates another entry keeping all entries open. True. False.

Chart of accounts view of G/L account keeps the data like general data in customer Account common data. False. True.

Reversal of voided checks is a standard functionality of SAP. True. False.

In AP and AR, account group cannot be created with external number range. True. False.

document date, posting date, value date, base line date, system date and due date in the entry screen of customer/vendor invoice are the same. True. False.

Payment to vendor of a specific bill cannot be blocked in SAP. False. True.

Payment cannot be made by adjusting a special G/L transaction which is posted in G/L. False. True.

MIS reports based on financial books like ratios can be done through financial statement version. False. True.

Through bank statement entry, we can enter the entries like bank debits for bank charges, commission, etc. which will make a direct posting into the G/L. True. False.

Jurisdiction codes are not used at all while creating tax codeS. False. True.

Whenever an Fl entry is made, we want document header text to be a mandatory entry. Customizing is available in G/L master and field status groupS. True. False.

Bank statement entry into the SAP does the automatic clearinG. False. True.

It is not possible to void unused checkS. False. True.

SAP does not allow bill of exchange accountinG. False. True.

Tax codes are created and operated at country level. True. False.

Payment to anybody by passing a G/L entry without AP/AR is a standard functionality of SAP. False. True.

It is not possible to show the checks with a value range and issued by a user. False. True.

Many assets are affected by a change, therefore, you cannot carry out a mass change. false. true.

The mass change process includes three functions: one or more is correct. Releasing the work list (= execution of the mass change). Checking the work list and making any corrections. Selecting the assets, and generating the appropriate work list.

Choose the correct answer. If the asset arrived after the invoice was received, integrated postings are made. The asset has already been delivered but the invoice has not, its a reason for not Making integrated postings.

Specify the correct answers. You can recalculate depreciation functions on the value fields tab page. In the Asset Explorer, dunning areas are displayed in an overview tree, form which they can be selected. In a print preview format, you cannot display planned values, book values and transactions directly in the Asset Explorer. none of the above. You cannot jump from field above the tree to the asset master data.

When you capitalise AUC you transfer values to one or more completed assets. This transfer is either done in a lump sum or with line item settlement. false. true.

Keep in mind this statement: User can define own history sheet versions: one or more is correct. Size: Upto 8 rows/10 columns (10 rows/8 columns). Define how the values are supplied to the history sheet items. Store the top of the history sheet items.

The system treats the calculation of imputed interest as a depreciation type, since it Is also controlled by depreciation keys and calculation methods, similar to the calculation of depreciation. false. true.

In Asset and Equipment Master Records: one or more is correct. The equipment master record, however, is not actually created until you save. You can also set up the system so that equipment master records are Automatically updated when you make certain changes to the asset master records linked to them. When you create an asset master record, the system automatically enters an equipment master record number in the asset master record, and copies the values of certain master data fields (for example, company code, cost center).

Through test run, you can check for any possible errors such as locked cost centers. true. false.

Specify the correct answer. You cannot manage assets under construction in the system as individual master records. You can use collective management of several assets under construction on one master record.

When capitalizing AUC, system automatically separates transactions from previous Years from transactions from the current year. This is done by using different transaction types. false. true.

Asset history sheet is the most important and most comprehensive yearend report or intermediate report. false. true.