In Asset Accounting, which object do you use to handle separate valuation for parallel accounting? Please choose the correct answer.

• A.Depreciation key
• B.Valuation area
• C.Chart of depreciation
• D.Depreciation area

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In stock valuation, which of the following groups of stocks are valuated?
There are 3 correct answers to this question.
Response:

• A.Raw materials, supplies, and consumables
• B.Finished goods
• C.Work in process
• D.Goods invoiced

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What is the correct order of steps when you use the SAP I financial Closing Cockpit?

• A.Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release task list
• B.Create tasks 2. Define dependencies 3. Create template 4. Create task list 5 Release task list
• C.Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list
• D.Create template 2 Create tasks 3. Create task list 4. Define dependencies 5. Release task list

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On what basis does the system determine the period for the asset retirement? Choose the correct answer.

• A.Net book value
• B.Asset value date (asset retirement date)

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You are getting ready to post your first simple general ledger document using the SAP Fiori app for posting in a test environment- What configuration items do you need to set up to post a simple document?
Note: There are 2 correct answers to this question.

• A.Posting period variant must be created and assigned
• B.Number range and document types must be maintained
• C.Line item text templates must be maintained
• D.Tax types and tax codes must be maintained

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