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TFIN52 UNIT 3

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Title of test:
TFIN52 UNIT 3

Description:
ASSET TRANSFER

Author:
M.P.RAO
(Other tests from this author)

Creation Date:
22/03/2014

Category:
Competitive Exam

Number of questions: 46
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Content:
transfer within company code is Intercompany transfer T F.
Transaction between company codes is intra company transfer T F.
Transfer variant 4 is the standard used for itra company transfer T F.
asset posted in wrong asset class can be changed via intra company transfer T F.
Inter company transfer is used for asset which was physically changed t f.
we cannot split up an asset t f.
we can only transfer asset but we cannot create asset within inter/intra company transaction t f.
transfer variant determines document type for intra company transactions f t.
AUC settlement is possible via intra company transfers t f.
relationship type 02 is when transfer is within same company code f t.
relationship type 01 is when transfer is between 2 different company code with different company id t f.
transfer method is used to control how values are transfered from one company to another t f.
A transfer variant is assigned to one transfer method f t.
when asset is tranfererred with net book value it is gross method f t.
when asset is transferred with historical cost of asset it is net method t f.
when manual value is entered for transfer of asset it is new value method t f.
we can use automatic inter company procedure to enter acquisition and retirement of asset t f.
for relationship type 02 net and new method cannot be used T F.
in relationship type 02,asset transferred from source company cannot be termed as retirement T F.
in relationship type 02,asset transferred from source company cannot be termed as retirement t f.
cross company depreciation area is defined if company codes where transfer takes place use same chart of depreciation t f.
AUC Has Construction phase use ful life phase.
when we tranfer AUC to complete asset it is called__________ of asset.
AUC can be managed as as asset master record with line item management t f.
AUC can be transferred to only one complete asset y n.
when AUC is settled all line item is settled at once t f.
When AUC is settled 100%of each line item is settled at once t f.
assiging a settlement profile is the first process in settlement of AUC t f.
when AUC us settled we define distribution rules for line items t f.
We carry out______asset transfer when an asset is sold to another company code.
Intercompany asset transfer possible when physically change location asset is sold transfer to another company code Asset entered in wrong asset class asset is split-up.
when both company belong to the same company ID such transfer is termed as relationship type__ 01 02 03 04 None of the above.
when both company belong to different company id such transfer is termed as relationship type __ 02 04 06 01.
CCB100 AND CCA100 ARE COMPANY CODE WITHIN COMPANY ID M100 CCX100 AND CCY100 ARE COMPANYC CODE WITHIN COMPANY ID N100 TRANSFER BETWEEN THE FOLLOWING ARE CCB100 AND CCY100 IS TYPE CCY100 AND CCX100 IS TYPE CCX100 AND CCB100 IS TYPE CCB100 AND CCA100 IS TYPE CCB100 AND CCX100 IS TYPE CCY100 AND CCA100 IS TYPE.
CCB100 AND CCA100 ARE COMPANY CODE WITHIN COMPANY ID M100 CCX100 AND CCY100 ARE COMPANYC CODE WITHIN COMPANY ID N100 TRANSFER BETWEEN THE FOLLOWING ARE CCA100 AND CCB100 IS CCX100 AND CCY100 IS CCA100 AND CCX100 IS CCA100 AND CCY100 IS TYPE CCX100 AND CCA 100 IS CCY100 AND CCB100 IS.
system controls valuation of transferred asset using ______.
we can enter one of the following methods in transfer variant for transfer of asset gross method net method historical method net book value method new method manual method.
SAP assumption is that Inter company transfer relationship type 02 is as equal as ________ transfer.
mostly ___type method of transfer is used for intra company transfers. gross net manual.
retirement without revenue occurs when we use_______method for type__ net,01 gross,01 net,02 gross,02.
In type 02 asset transfer between two company codes is termed as retirement and acquisition T F.
we can define our own transfer variant T F.
Asset without revenue is transferred in _____method Gross net manual.
Tick the true statements Cross company code depreciation area do not have own parameter cross company code depreciation area is a key which is uniform throughout the client cross company code depreciation area is not defined in system it only makes a generic entry for the cross company areas We do not have to define cross company depreciation area for all the deprecition area which have same depreciation keys cross company depreciation area is defined if company codes where transfer takes place use same chart of depreciation.
Procedure in settlement of AUC assign a settlement profile select item in same proportion to the same receiver define distribution rules post line items to reveiver using distribution rules.
Pick the correct one(s) unplanned depreciation is allowed for book depreciation unplanned depreciation is not allowed for tax depreciation.
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