Knowledge quiz

It's time to put what you've learned to the test, get 7 right to pass this unit.

1.

A Retirement document can be created by an A/P invoice.

Choose the correct answer.
2.

Asset net book value = historical item cost - accumulated depreciation

Choose the correct answer.
3.

Creating a virtual fixed asset is available only if you use numbering series for the asset master data.

Choose the correct answer.
4.

An asset can be associated with several asset classes.

Choose the correct answer.
5.

What is a virtual fixed asset?

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6.

Depreciation is posted as a company's expense.

Choose the correct answer.
7.

A Capitalization document can be created automatically by an A/R Invoice.

Choose the correct answer.
8.

A depreciation run creates journal entries.

Choose the correct answer.

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