C_TFIN52_66 Online Practice Questions and Answers

What additional options do parking documents offer compared to holding documents? (Choose two)

A. A parked document can be posted cross-client to minimize the total cost of ownership (TCO).

B. A parked document can be posted using a workflow.

C. A parked document can be changed and posted by another user, thereby supporting the principle of dual control.

D. A parked document can be posted via automatic speech recognition.

Your customer wants to access line items for individual P/L accounts without leaving the balance sheet and P/L display.

What do you recommend?

A. Activate the Line Item Display flag in the financial statement version.

B. Use a drilldown report.

C. Use the standard Financial Statements (RFBILA00) report.

D. Run a line item report.

At the end of a fiscal year the system carries forward the balance of certain accounts to a special retained earnings account and sets them to zero. Which accounts are treated in this way?

A. Balance sheet and PandL accounts

B. PandL accounts

C. Accounts managed only on the basis of open items

D. Balance sheet accounts

You are testing the payment program. The payment run has been executed. When you look at the program log you notice that the payment method check shows that part of the address is missing from the vendor master.

In Customizing for payment programs, where can you see which data is mandatory?

A. Paying company codes for payment transactions

B. Company code data for the payment methods

C. Country data for the payment methods

D. Bank account determination

The head of accounts receivable requires that all items posted to individual customer accounts are posted to their headquarters.

Which function do you have to use to fulfill this requirement?

A. Head office and branch account

B. Single bank account

C. Alternative payer/payee

D. Cash management group

Which activity has an impact on the net book value of an asset?

A. Changing the account determination

B. Changing the useful life of the asset

C. Changing the assigned cost center

D. Changing the assigned WBS element

A multinational enterprise acquires a company in a country which has local reporting requirements. The multinational enterprise wants to use one operational chart of account for all companies.

How can you fulfill this country-specific requirement?

A. Create a country-specific chart of accounts and assign it to the group chart of accounts.

B. Create a group chart of accounts and assign it to the company code.

C. Create a country-specific chart of accounts and assign it to the regular chart of accounts.

D. Create a country-specific chart of accounts and assign it to the company code.

Which steps are necessary to run a payment program? (Choose three)

A. Schedule print

B. Start transfer of open items to the payment program

C. Configure open item list

D. Maintain parameters

E. Start proposal run or payment run

You receive a payment where the difference from the posted invoice is larger than the stated tolerance limit. How can you deal with this? (Choose two)

A. Split the received payment so that it falls below the tolerance limit.

B. Increase the tolerance limit manually while posting the document.

C. Post the difference to an account assigned to a reason code.

D. Post the difference as a residual item.

Your customer wants to access line items for individual P/L accounts without leaving the balance sheet and P/L display.

What do you recommend?

A. Activate the Line Item Display flag in the financial statement version.

B. Use a drilldown report.

C. Use the standard Financial Statements (RFBILA00) report.

D. Run a line item report.