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ERASED TEST, YOU MAY BE INTERESTED ON TFIN52-UNIT 1
COMMENTS STATISTICS RECORDS
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Title of test:
TFIN52-UNIT 1

Description:
Chart of Depreciation/Depreciation areas.

Author:
M.P.RAO
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Creation Date:
06/03/2014

Category: Competitive Exam

Number of questions: 28
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Content:
Asset Accounting works with Chart of Accounts assigned to a company code TRUE FALSE.
CHART OF DEPRECIATION IS DEFINED AT COMPANY CODE LEVEL TRUE FALSE.
CHART OF DEPRECIATION IS COUNTRY SPECIFIC. TRUE FALSE.
SAP PROVIDES SAMPLE COMPANY CODE SPECIFIC CHART OF DEPRECIATION TRUE FALSE.
WE CAN USE COUNTRY SPECIFIC SAMPLE CHART OF DEPRECIATION TO CREATE COMPANY SPECIFIC CHART OF DEPRECIATION. TRUE FALSE.
EACH COMPANY CODE CAN USE ONLY ONE CHART OF ACCOUNTS AND BUT CAN USE MORE THAN ONE CHART OF DEPRECIATION. FALSE TRUE.
ALL OR SEVERAL COMPANY CODES CAN WORK WITH THE SAME CHART OF ACCOUNTS AND CHART OF DEPRECIATION. TRUE FALSE.
ANY TWO COMPANY CODES CAN USE SAME CHART OF ACCOUNTS BUT EACH SHOULD USE DIFFERENT CHART OF DEPRECIATION. TRUE FALSE.
SEVERAL COMPANY CODES CANNOT USE SAME CHART OF ACCOUNTS ALTHOUGH THEY USE DIFFERENT CHART OF DEPRECIATION. TRUE FALSE.
A COMPANY CODES ASSIGNMENT OF CHART OF ACCOUNTS IS DEPENDENT OF ITS ASSIGNMENT TO CHART OF DEPRECIATION. FALSE TRUE.
EVEN IF CHART OF DEPRECIATION IS NOT ASSIGNED TO A COMPANY CODE IT CAN WORK WITH ASSET ACCOUNTING COMPONENT BASED ON CHART OF ACCOUNTS. TRUE FALSE.
VARIOUS COMPANY CODES CAN BE ASSIGNED TO THE CHART OF DEPRECIATION. TRUE FALSE.
DEPRECIATION AREA CANNOT BE GROUPED TOGETHER. TRUE FALSE.
VARIOUS VALUATION APPROACHES ARE MAPPED IN SAP BY MEANS OF CHART OF DEPRECIATION FALSE TRUE.
MORE THAN ONE DEPRECIATION AREA CAN BE GROUPED TOGETHER ACCORDING TO THE REQUIREMENT OF SPECIFIC ___________ OR _____________ COUNTRY ,ECONOMIC AREA CURRENCY , CHART OF DEPRECIATION BUSINESS AREA, COST CENTER COUNRY, COMPANY CODE.
ASSET PORTFOLIO ARE OFTEN VALUED DIFFERENTLY FOR DIFFERENT PURPOSES TRUE FALSE.
DEPRECIATION ARE CONTAIN FOLLOWING VALUATION. ONE OPTIONS IS INCORRECT TAX BALANCE SHEET VALUATION COSTING- BASED VALUATION CURRENCY VALUATION PARALLEL ACCOUNTING VALUATION TAX DIFFERENCE VALUATION CAPITAL TAX VALUATION.
DEPRECAITION AREA IS DEFINED BY TWO DIGIT ALPHA NUMERIC KEY FOUR DIGIT NUMERIC KEY FOUR DIGIT ALPHA NUMERIC KEY TWO DIGIT NUMERIC KEY.
WHAT DENOTES LEADING AREA OF A DEPRECIATION AREA LETTER A NUMERIC 01 ALPHA NUMERIC A NONE OF THE ABOVE.
LEADING AREA REPRESENT INTERNATIONAL ACCOUNTING PRINCIPLE OF SAMPLE CHART OF DEPRECIATION TRUE FALSE.
SAMPLE CHART OF DEPRECIATION CONTAINS PRE- DEFINED DEPRECIATION AREAS ONLY TRUE FALSE.
ALL VALUATION APPROACHES OF DEPRECAITION CAN BE USED IN FI TRUE FALSE.
USING LEDGER APPROACH WE CAN DEFINE WHICH VALUE IN DEPRECIATION AREA IS TRANSFERRED TO FI FALSE TRUE.
FOLLOWING CASES ASSET VALUE AND DEPRECIATION NOT POSTED TO FI AT ALL INTERNATIONAL APPROACH IS DEFINED FOR A DEPRECIATION AREA DATA USED FOR REPORTING PURPOSE ONLY IT IS NOT DEFINED IN CUSTOMISING.
MATCH THE FOLLOWING. AV= ASSET VALUE, DEPN=DEPRECIATION POSSIBLE NOT POSSIBLE.
WHAT IS PERIODIC ASSET VALUE POSTING.CHOOSE THE CORRECT ONE ASSET VALUE POSTED FROM OTHER THAN LEADING LEDGER ASSET VALUE POSTED ONLINE BUT DEPRECIATION POSTED PERIODICALLY ASSET VALUE AND DEPRECIATION POSTED PERIODICALLY DEPRECIATION AREA CAN POST VALUES DIRECTLY.
FINANCIAL STATEMENT VERSIONS ARE DEFINED IN CHART OF DEPRECIATION THOROUGH ACCOUNT ASSIGNMENT KEY OF A DEPRECIATION AREA. TRUE FALSE.
IT IS NOT POSSIBLE TO POST ASSET VALUE AND DEPRECIATION FROM A DEPRECIATION AREA TO A SEPERATE FINANCIAL STATEMENTS TRUE FALSE.
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