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SAP Certified Solution Consultant Financials - Financial Accounting with SAP ERP 2005 Sample Questions:

1. Shift operation and asset shutdown can have a direct effect on depreciation

A) True
B) False

2. The asset history sheet is a very important and comprehensive year end report or intermediate report

A) True
B) False

3. General breakdown of actual business processes and that is assigned a wide variety of item categories is

A) business transaction
B) item category
C) splitting rule
D) business transaction variant

4. Clearing lines are always formed when values have to be reposted between account assignment objects

A) true
B) false

5. Select the incorrect statement. One or more correct.

A) The grace period is the days that at least one item in account exceeds the grace period days then system selects all the open items which are due.
B) An item whose number of days in arrears is less than or equal to the number of grace days is considered due for this dunning notice.
C) If you want dunning interest to be calculated you have to enter dunning indicator in vendor and customer master data.
D) An item whose number of days in arrears is less than or equal to the number of grace days is not considered due for this dunning notice.

Solutions: