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NEW QUESTION 48
General Ledger Accounting
"Which statements best describe a profit center?
Note: There are 2 correct answers to this question."
  • A. It is the only object from which segments can be unifornly derived.
  • B. It is the only object that can be unifromly derived using segments.
  • C. It is an object for which separate balance sheet and P&L statements can be created, independently from segments being maintain or not.
  • D. It is an object for which separate balance sheet and P&L statements can be created only when used in conjunction with segment.
Answer: A,C

NEW QUESTION 49
General Ledger Accounting
"How does SAP S/4HANA support the treatment of taxes?
Note: There are 3 correct answers to this question."
  • A. It perform tax adjustments for cash discounts and other forms of deductions.
  • B. It adjusts the tax codes and automatically updated the procedure.
  • C. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
  • D. It posts the tax amount to tax accounts.
  • E. It checks the tax amount entered and automatically calculates the tax.
Answer: A,D,E

NEW QUESTION 50
What is the purpose of the chart of depreciation?
  • A. The chart of depreciation manages country-specific legal valuation of fixed assets
  • B. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
  • C. The chart of depreciation defines the asset classes for which you can create fixed assets
  • D. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
Answer: A

NEW QUESTION 51
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