What is the purpose of the chart of depreciation?

• A.The chart of depreciation defines the asset classes for which you can create fixed assets.
• B.The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
• C.The chart of depreciation is a reporting tool that structures your assets for hierarchical reports.
• D.The chart of depreciation facilitates country-specific legal valuation of fixed assets.

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What is the name of the leading ledger that SAP provides with the standard system? Choose the correct answer.

• A.0L
• B.3L
• C.2L
• D.IL

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For which of the following transactions can you use noted items? Choose the correct answer

• A.Late payment
• B.Down payment request
• C.Vendor payment
• D.Customer payment

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Which of the following options can you use to change the G/L account master data using collective processing? Choose the correct answers. (3)

• A.Change company code data
• B.Change account descriptions
• C.Change chart of accounts data
• D.Change client level data

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Which attributes should you consider when defining asset number ranges?
Note: There are 2 correct answers to this question.

• A.Asset number ranges are defined for asset classes and are company code specific
• B.Each asset class can have either an internal or external number range
• C.Asset number ranges are defined at chart of depreciation level
• D.Each asset number range has to be assigned to a unique asset class.

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