A general ledger account is defined with the account type "Nonoperating Expense or Income"

Where can this account be used?

AProfit and loss account that is used in margin analysis

BProfit and loss account that is used in margin analysis and profit center accounting

CProfit and loss account that is used in overhead management accounting

DProfit and loss account that is used in profit center accounting

Answer : C

Which elements define the integration of asset acquisitions with the general ledger?

Note: There are 2 correct answers to this questions.

AValuation Area

BDepreciation Area

CAsset Class

DDepreciation Keys

Answer : B, C

How does an automatic intercompany asset transfer work?

AIt assumes that the transfer happens between two independent legal entities

BIt determines the relationship type automatically, using the company code

Cdetermines the relationship type automatically, using the company ID

DIt does NOT allow a transfer to happen within a single legal entity

Answer : A

What do you define when configuring asset classes?

Note: There are 3 correct answers to this questions.

ATransaction types

BNumber ranges

CScreen layout rule

DPosting keys

EAccount determination

Answer : B, C, E

How does the system determine the correspondence type of a payment notice?

AAccording to the tolerance group, as long as all tolerance groups carry the same correspondence type

BAccording to the reason code, as long as all tolerance groups carry the same correspondence type

CAccording to the reason code, as all reason codes carry the same correspondence type

DAccording to the tolerance group, as all reason codes carry the same correspondence type

Answer : B

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