Preview

EXAM TFIN50- SAP FI 6.5

Satisfactory Essays
Open Document
Open Document
755 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
EXAM TFIN50- SAP FI 6.5
SAP
CODE: C_TFIN52_66
Exam Name: Prepare for SAP Certified Application Associate
- Financial Accounting with SAP ERP 6.0 EHP6

http://www.cert4prep.com/C_TFIN52_66.html

Type

Demo

http://www.cert4prep.com/C_TFIN52_66.html

Page 1

Question: 1
Which of the following task types are supported by the Closing Cockpit or Schedule Manager? (Choose three) A. Spreadsheets
B. Transactions
C. Reconciliation keys
D. Notes (as a reminder or milestone)
E. Programs with or without variant

Answer: B, D, E
Question: 2
Which of the following accounts are updated directly?
A. Accounts in the group chart of accounts
B. Accounts in the operating chart of accounts
C. Accounts in the master chart of accounts
D. Accounts in the country chart of accounts

Answer: B
Question: 3

http://www.cert4prep.com/C_TFIN52_66.html

Page 2

To which of the following does an asset class apply?
A. To all company codes in a controlling area
B. To all company codes in an instance (client-independent)
C. To all company codes in a client
D. To all company codes within a client, which share the same chart of accounts

Answer: C
Question: 4
In your leading ledger (ledger solution), balance sheets must be created for company codes and segments. Which Customizing settings do you need to make? (Choose two)
A. Define a retained earnings account.
B. Define two retained earnings accounts and assign them to your P&L accounts.
C. Assign the Segment Reporting scenario to your leading ledger.
D. Activate cost of sales accounting.

Answer: A, C
Question: 5
What are the prerequisites for setting up cross-company-code cost accounting? (Choose two)
A. The same fiscal year variant is used for all company codes.
B. The same currency is used for all company codes.

http://www.cert4prep.com/C_TFIN52_66.html

Page 3

C. The same variant for open periods is used for all company codes.
D. The same chart of accounts is used for all company codes.

Answer: A, D

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Week One Assignment

    • 1287 Words
    • 6 Pages

    3. Balance sheet preparation. The following data relate to Preston Company as of December 31, 20XX:…

    • 1287 Words
    • 6 Pages
    Satisfactory Essays
  • Better Essays

    Next, the purpose of the balance sheet is to report the financial integrity of a company. The amount of assets, liabilities, and stockholders equity are thoroughly expressed on the balance sheet. Assets are economic resources that the company has at its digression. Liabilities and stockholders’ equity are streams of financing or financial claims against the…

    • 814 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Owning a business can be a very difficult challenge for the owner isn’t careful and doesn’t maintain a balanced financial account. The purpose of building the balance sheet is to have a snapshot of the business finances at a certain point in time (Zion Bank). If I owned my own business the balance sheet would be the most important area I focused on. Since the balance sheet shows what I own, owe, and what my company is worth, I would ensure that my appointed accountant stays on top of where my money is being spent. This will help me determine where I need to cut back or increase my revenue.…

    • 363 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    * A balance sheet is summary of a company's financial condition at a specific point in time, including assets, liabilities and net worth. It allows the company to know what they have been paying for or what they owe out to people. An income statement is a report that tracks a company’s revenues, gross profits, operating income, and net worth. All businesses need to have revenue in order to establish a good foundation to have their business up and running. A retained earnings statement is the portion of net income not paid out to investors in the business as dividends. If the company earns a profit they have to decide whether or not to invest it or keep it as theirs and distribute it evenly throughout the others in the company. Statement of cash flows provides information about an entity's cash receipts and cash payments during a period. Cash flow statements classify cash receipts and payments according to whether they stem from operating, investing, or financing activities. Assets are any item or items of economic value owned by an individual or corporation, especially that which could be converted to cash. A liability is an obligation that legally binds an individual or company to settle a debt. Comparative statements are financial statements for different periods that allow the comparison of figures to illustrate trends in a company’s performance. Stockholder’s equity is the part of the balance sheet that represents the capital received from investors in exchange for stock donated capital and retained…

    • 264 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    sap form

    • 562 Words
    • 3 Pages

    Submission of a SAP Appeal does not guarantee reinstatement of Financial Aid eligibility. Appeals and…

    • 562 Words
    • 3 Pages
    Good Essays
  • Good Essays

    BeckerKevinE1Phil100F2014

    • 1373 Words
    • 4 Pages

    “Thales' Influence on philosophy; how a solar eclipse managed to shed new light on philosophical thought”…

    • 1373 Words
    • 4 Pages
    Good Essays
  • Good Essays

    abrahams second address

    • 1530 Words
    • 7 Pages

    In Abraham Lincoln’s second inaugural address, Lincoln states that our nation should not be in war. He believed that we should end the war with a mutual agreement to cease fighting. He believed that our nation was falling apart and war needed to be no more and so he gave his speech.in his case war should not be a fight to win but an argument unforgotten.…

    • 1530 Words
    • 7 Pages
    Good Essays
  • Satisfactory Essays

    Wr Grace Case Study

    • 380 Words
    • 2 Pages

    1. Why did WR Grace’s general ledger system need an overhaul? Grace’s general ledger setup was a disorganized tangle of multiple ledgers, redundant data, and inefficiency processes. The company had three separate ledger systems from SAP and all three ledgers had different configurations and different levels of granularity within the reporting functionality, and all three of the ledgers were driven by separate data sources. Grace want to create a more efficient and advance system. 2. What made SAP a logical partner for Grace’s upgrade? SAP General Ledger was attractive to Grace because of its many unique and useful features. It has the ability to automatically and simultaneously post all sub-ledger items in the appropriate general accounts, simultaneously update general ledger and cost accounting areas, and evaluate and report on current accounting data in real time. Grace also liked SAP’s centralized approach to general ledger, up-to date references for the rendering of accounts across all of its divisions. 3. What obstacles did SAP and Grace face in their attempts to consolidate Grace’s ledgers? SAP and Grace split the project into two main components: General Ledger Data Migration, and Business Process Testing. General Ledger Data Migration involved acquiring all of the relevant data from Grace’s three separate ledgers, combining it and eliminating redundancies, and supplying it to the SAP General Ledger. Business Process Testing tests the system to ensure that the system would work as planned. After the data migration was completed, Grace still had to decommission its old ledgers. 4. How successful was the general ledger migration? What are some of the risks of adopting a single general ledger system from a single vendor to run a global business? a) 1. All of the WR Grace shares a common accounting infrastructure 2. Management can quickly develop an overall picture of the company’s financial status 3. The company’s financial status, and most of the ledger can be…

    • 380 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    The general rule of the Companies Act of the Section 167(1) state that every company and the directors and managers thereof shall cause to be kept such accounting and other records as will sufficiently explain the transactions and financial position of the company and enable true and fair profit and loss accounts and balance sheets and any documents required to be attached thereto to be prepared from time to time, and shall cause those records to be kept in such manner as to enable them to be conveniently and properly audited. Thus, Beta Sdn Bhd, a private company, shall keep the accounting and other records of the company. The Beta Sdn Bhd, the company is required to keep records of the company's financial transactions. The records must contain sufficient detail to enable the financial position of the company to be determined at any time and so that the directors can ensure that any profit and loss account or balance sheet complies with the requirements of the Companies Act 1965. The records should contain all details of any income and expenditure and a record of the company's assets and liabilities.…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    FINAL SAP FOR ATLAM 18

    • 1754 Words
    • 25 Pages

    SAP FOR ATLAM NOR FARAH BINTI NOR HASHIM SITI NURAIN BINTI ANUAR NURZAKIRAH NISRIN BINTI ZAINOL FATIN NADIA BINTI HAMZAH NUR SYUHAIDAH BINTI ZULKIPLI 2011334267 2011709173 2011599429 2011352115 2011362165 INTRODUCTION • Train and prepare the Malaysians for the Maritime Industry • Establishment of Akademi Teknikal Laut Malaysia (ATLAM) on 15 August 1981 • Privatized on Jan. 1, 1997 – PETRA Group Companies • Located at Melaka and Terengganu • By 2001, the academy had 195 staff (89 administraton & 106 in training)…

    • 1754 Words
    • 25 Pages
    Satisfactory Essays
  • Powerful Essays

    123abc

    • 4579 Words
    • 19 Pages

    It is universal practice in accounting systems to use coding systems to refer to customers, suppliers, accounts and employees. Codes are used because they are concise and precise, and can be subject to computer checking…

    • 4579 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    I would like to thank Herb Tuttle, my EMGT program advisor and the chairperson of the…

    • 13347 Words
    • 63 Pages
    Good Essays
  • Powerful Essays

    CONTENTS 1.0 Aim and Objectives 1.1 Introduction 1.2 Tally User Classification 1.2.1 Single user - Silver 1.2.2 Multi user – Gold 1.3 Tally Activation Form 1.4 General features 1.5 Accounting feature 1.5.1 Comprehensive accounting system 1.5.2 Categorization of account 1.5.3 Ledger group administration 1.5.4 Audit trail, Drill down display 1.5.5 Extracting reports 1.5.6 Bank reconciliation 1.6 Inventory features 1.6.1 Stock group, category and classification 1.6.2 Physical stock position 1.6.3 Stock transfer, adjustments 1.6.4 Multiple godowns, stock evolution 1.6.5 Multiple rate price lists 1.6.6 Actual bill quantity 1.6.7 Tracking through receipts/delivery notes 1.7 Accounting and Inventory management 1.8 Let us sum up 1.9 Points for discussion 1.10 Check your progress 1.11 Lesson-end activities 1.0 AIM AND OBJECTIVES In this Unit we will discuss the origin and features of Tally accounting software and the Accounting and Inventory features. After going through this unit, you will be able to, i. Describe Origin of the Tally Division ii. List down the User Classification iii. Explain Comprehensive Accounting System iv. Discuss Accounting and Inventory Management System 1.1 INTRODUCTION…

    • 25308 Words
    • 102 Pages
    Powerful Essays
  • Powerful Essays

    SAP Assignment

    • 1104 Words
    • 5 Pages

    In 1972, five entrepreneurs had a vision for the business potential of technology. Dietmar Hopp, Hans-Werner Hector, Hasso Plattner, Klaus Tschira, and Claus Wellenreuther founded SAP in 1972. SAP means Systemanalyse und Programmentwicklung which is German for "System Analysis and Program Development.” The name was later changed to Systeme, Anwendungen und Produkte in der Datenverarbeitung which meant Systems, application and products in the data processing in German. With one customer and a handful of employees, SAP set out on a pathway that would not only transform the world of information technology, but would alter the way companies do business forever across the globe. Based on market capitalization, SAP is the world’s third largest independent software manufacturer. SAP is listed on the German DAX index and at the New York Stock Exchange.…

    • 1104 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    exam in tle

    • 507 Words
    • 3 Pages

    ____5. Pesticides sprayed on crops not only destroy pests and contaminate the crops but also kill beneficial insects…

    • 507 Words
    • 3 Pages
    Satisfactory Essays