TS4F01- S4 HANA Finance Part1-UNIT4

A fiscal year variant defines the number of periods in the fiscal year. True. False.

Document types are created at company code level. True. False.

Which of the following statements is correct for external number assignment (manual posting)?. The number is the last document number. The number is automatically assigned. The number is entered by the user. The number must be assigned in a sequence.

In external number assignment, the numbering must be numeric. True. False.

A number range can only be assigned to a single document type. True. False.

For general ledger account posting, which one of the following standard posting keys is for debit?. 01. 31. 40. 50.

You can only use posting keys for assets and materials if the corresponding SAP components are active. True. False.

It is possible for several company codes to use the same posting period variant. True. False.

If you do not assign users to any special tolerance group, then the entries in the default tolerance group are valid for them. True. False.

You can create as many tolerance groups as you need. True. False.

Which of the following tolerance groups should every company code always have?. Blank. Special. Defined. Named.

You can post a normal document entry transaction only if the account balance is zero. False. True.

Every document is uniquely identified by the following fields: Document Number. Company code. Fiscal Year. Reference No.

During external number assignment, the user assigns the document number in the Document Number field. True. False.

Document types define the following elements: Number range for the Document Type. Reverse Document Type. Account types allowed for postings. Control data. Required during document entry-selecting Reference Number and Document Header Text. Posting Key.

The Hide field status cannot be combined with the Required Entry field status. This combination causes an error. True. False.

If a document is posted to a subledger account, the field status group of the reconciliation account is used. True. False.

Since subledger accounts do not have a field status group, postings are differentiated by means of different posting keys. For this reason, there are numerous posting keys for subledger accounts. True. False.

In the document header, the periods assigned to the account type K are checked first. True. False.

In SAP S/4HANA, Period interval 3 is used for postings from Controlling (CO) to Financial Accounting (FI). If the third interval is not filled, the entries in intervals 1 and 2 are also valid for these postings. True. false.

What are control data in document control-. Net Document Type. Customer/Vendor check. Negative Postings permitted. Inter-company postings. Enter trading partner. Account types allowed for postings.

In Customizing, you can define text templates under a four-digit key. When you enter the relevant key in the text field during document entry, these text templates are automatically copied into the line item. True. False.

To use the text for external purposes, for example, in Correspondence, Dunning notices, and Payment Advice, enter an asterisk (*) before the text. True. False.