|Three Steps of Variant Principle in Sap system to assign particular properties to one or more objects (Chose three) Define Variant Assign the variant to objects Determine values for variant Assign the variant to company code .
Fiscal Year can be defined: (chose two) Year Independent Year Specific Calendar Year Specific.
The fiscal year defined as Year independent The number and start and end dates are the same every year Periods can be vary from year to year .
The fiscal year variant contains the definition of Posting periods and special periods Only posting periods Special Periods .
If the fiscal year differs from the calendar year, but the posting periods correspond to calendar months. The day limit for February should be 29 to consider leap years. The day limit for February should be 28 to consider leap years.
A year-independent fiscal year variant can be defined as (chose two) Calendar year Non-calendar year Year Specific shorten periods .
Which factors determine the fiscal year variant you would assign to a company code? (Choose two) The need to control which periods are open for posting for specific user groups The existence of a shortened fiscal year The fiscal year start and end period of the company The use of a specific fiscal year variant by other company codes on the client The need to control which periods are open for posting for the company code.
For each exchange rate type you can use one of the following tools: (Chose Three) Inversion (of the tools available, inversion is the oldest and is seldom used today) Base currency Exchange rate spreads Currency Key Currency Ratio .
A very efficient combination of the exchange rate tools is: (Chose two) Using a base currency for the average rate (M) Using the exchange rate spreads to calculate the buying rates (G) and selling rates (B) Using the exchange rate spreads to calculate the selling rates (S) and buying rates (b) .
indirect quotation is Local currency = EUR Foreign currency = USD.
If you mostly work with direct quotations and only rarely use indirect quotations.In this way which setting you will done. (blank, without a prefix) for direct quotation exchange rates / for direct quotation exchange rates * (blank, without a prefix) for direct quotation exchange rates.