C-TFIN52-65 by SAP Valid Free Exam Practice Test

Question 1

What does the year-end closing program do in asset accounting? (Choose two)

A. It checks whether the previous year has been closed in financial accounting. B. It opens new annual value fields for each asset. C. It checks whether assets contain errors or are incomplete. D. It checks whether depreciation and assets are fully posted.

Correct Answer: C,D

Question 2

Your customer runs an SAP system with New General Ledger Accounting activated. They want to run a valuation of accounts receivable that are posted in foreign currency.
What do you have to do?

A. Post the valuation differences manually at the period end. B. Set up a valuation method and assign it to a valuation area. C. Set up a new exchange rate type. D. Set up the Valuation Cockpit to perform this task.

Correct Answer: B

Question 3

Which transactions in the procurement process with valuated goods receipt create documents in FI? (Choose two)

A. Post valuated goods receipt B. Create purchase order C. Enter invoice receipt D. Create purchase requisition

Correct Answer: A,C

Question 4

Which of the following are the main components of a drilldown report?

A. Characteristics and variables B. Characteristics and key figures C. Variables and general selection criteria D. Variables and key figures

Correct Answer: B

Question 5

What are the prerequisites for posting a vendor invoice in Financial Accounting? (Choose two)

A. Set up a number range for vendor invoices. B. Activate and configure the document splitting function. C. Create a purchasing organization segment in the vendor master. D. Create a company code segment in the vendor master.

Correct Answer: A,D

Question 6

What does the posting key control? (Choose three)

A. Debit/credit indicator B. Field status C. Document type D. Number range E. Account type

Correct Answer: A,B,E

Question 7

Which of the following is a typical process sequence in Product Sale from Stock?

A. Purchase requisition -> Delivery/Transport -> Dunning and payment -> Billing B. Incoming order -> Transport/Delivery -> Billing -> Dunning and payment C. Incoming order -> Goods receipts/Transport -> Dunning and payment -> Billing D. Purchase requisition -> Billing -> Transport/Goods receipts -> Dunning and payment

Correct Answer: B

Question 8

Your customer wants to use the Closing Cockpit for period end closing.
What major benefits of the Closing Cockpit do you highlight? (Choose two)

A. It optimizes legacy data transfer. B. It closes the posting period automatically at the last day of the period. C. It provides a complete documentation of the activities performed at period end closing. D. It enables the use of a task list covering all closing activities.

Correct Answer: C,D

SAP Certified Application Associate - Financial Accounting with SAP ERP 6.0 EHP5 - C-TFIN52-65 Exam Practice Test