Knowledge quiz
It’s time to put what you’ve learned to the test, get 4 questions right to pass this unit.
Q1.
What are 3 main functions of an asset class?
There are three correct answers.
A
Clearing
B
Structuring
C
Numbering
D
Account determination
E
Posting
Q2.
What are 2 ways to create asset master data?
There are two correct answers.
A
Using system default values.
B
Using reference asset default values.
C
Using company code default values.
D
Using asset class default values.
Q3.
Which depreciation default values can be changed in the asset master data?
There are two correct answers.
A
Depreciation key
B
Accounting principle
C
Useful life
D
Valuation view
Q4.
Which G/L accounts are reconciliation accounts in Asset Accounting?
There are two correct answers.
A
asset balance sheet account
B
Goods Received / Invoice Received account
C
Technical clearing account
D
Supplier account
E
Bank clearing account
Q5.
Which object defines the position of any asset transaction in the asset history sheet?
Choose the correct answer.
A
Transaction type
B
Asset class
C
Depreciation area
D
Document type
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