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NEW QUESTION 21
What does the Parallel Accounting Using G/ L Accounts indicator in ledger configuration allow you to do?

A. Assign 2 or more ledgers to 1 accounting principleB. Assign 2 or more Accounting principles to 1 LedgerC. Assign 2 or more valuation areas to 1 company codeD. Assign 2 ledgers to 1 company code

Answer: B

 

NEW QUESTION 22
You define an additional extension ledger. What type of ledger can you assign as underlying ledger?

A. Standard ledgerB. Special ledgerC. Reconciliation ledgerD. Material ledger

Answer: A

 

NEW QUESTION 23
What are planning level and planning group used for in SAP Cash Management? There are 2 correct answers to this question.

A. Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc.
- Planning level is used to differentiate between strategic, business, and operational plan.B. Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast.C. Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
- Planning group is used in the G/L account data to enable the liquidity forecast.
- Planning group is used to group customers and vendors to enable accurate forecast.D. Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc.

Answer: A,B

 

NEW QUESTION 24
In your system. You are creating a new company code that requires as additional standard ledger. Which statements apply to a standard ledger? There are 2 correct answer to this question

A. It will generate additional line items in ACDOCA for non-ledger-specific postingsB. If asset accounting is used depreciation area must be assignedC. It is always active on the system level for all company codesD. It must be assigned to underlying ledger

Answer: A,B

 

NEW QUESTION 25
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