SAP Fi Model Test 6

The variant priciples is a three step method used in the SAP system to assign particular properties to one oblect only. True. False.

If all of the fiscal years of a fiscal year variant have the same number of posting periods, only the different period dates for the different years have to be defined. Year-Independent Fiscal Year Variant. Year-Specific Fiscal Year Variants.

The variant priciples is a three step method used in the SAP system to assign particular properties to one or more oblect . The steps are: Define variant. Determine values for the variant. Assign variant to the SAP objects. None.

The main advantage for using variants is that it is easier to maintain properties which are common among several business objects. True. False.

The fiscal year variant contains the definition of posting periods and special periods .used for open and close posting periods. False. True.

Special periods are used for postings that are not assigned to time periods, but to the business process of ?year-end closing?. True. False.

The system derives the posting period from the document date. True. False.

If the posting date falls within the last normal posting period, you can post the transaction in one of the special periods. True. False.

The fiscal year variant only defines the number of periods and their start and finish dates. False. True.

If each fiscal year of a fiscal year variant uses the same number of periods, and the posting periods always start and end on the same day of the year, the variant is year-dependent. True. False.

A year-independent fiscal year variant can be defined as: Calendar year. Non-calendar year. shortened fiscal year.

If the fiscal year is defined as the calendar year, the posting periods are equal to the months of the year. Therefore, a fiscal year that is a calendar year must have 12 posting periods. True. False.

The start and end dates of the posting periods for some fiscal years are different to the dates for other fiscal years. Some fiscal years use a different number of posting periods. are. year-specific. year-independent.

Match, Which of the predefined fiscal year variants are. Calendar year. Year-specific.

A non-calendar year can have between 1 and 16 posting periods. Yes. No.