The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false.
Response:

• A.False
• B.True

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Which of the following options are included in the Asset Explorer?
There are 3 correct answers to this question.
Response:

• A.Drill down to reports.
• B.Drill down to Financial Accounting (FI) document.
• C.Display depreciation calculation.
• D.Post documents.

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What settings can you define specifically for an asset class? There are 3 correct answers to this question.

• A.Asset under construction category
• B.Maximum amount for low-value assets
• C.Synchronization rules for asset and equipment
• D.Account determination key
• E.Default transaction type for asset posting

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Where do you indicate that the useful life of the asset sub-number is identical to the useful life of the main asset?
Response:

• A.In the asset master record of the main asset
• B.In the screen layout of the depredation area
• C.In the screen layout of the asset master record
• D.In the account determination of the asset class

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Which General Ledger account type do you select to perform activity cost allocations? Please choose the correct answer.

• A.Primary costs or revenue
• B.Balance sheet
• C.Non-operating expense or income
• D.Secondary costs

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