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NEW QUESTION # 54 What is the purpose of the chart of depreciation?

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

Answer: A NEW QUESTION # 55 You 'd like to set up low values asset (LVA) management. What do you need to do?

• A. Specify the minimum amount for LVA at two levels: company code and chart of depreciation
• B. Specify the minimum amount for LVA at three levels: company code, depreciation area and asset class
• C. Define two separate asset classes to manage LVA using individual or collective management
• D. Define a base unit for measure for LVA in individual management

Answer: B NEW QUESTION # 56 Accounts Payable & Accounts Receivable "You want to configure the default baseline date for the payment terms of an incoming invoice. From which date can you derive the baseline date? Note: There are 3 correct answers to this question."

• A. Value date
• B. Document date
• C. Posting date
• D. Goods receipt date
• E. Entry date

Answer: B,C,E NEW QUESTION # 57 Accounts Payable and Accounts Receivable What dunning -related data do you maintain on the business partner master record? (3 correct answers)

• A. Dunning interval
• B. Dunning block
• C. Dunning area
• D. Dunning procedure
• E. Dunning Key

Answer: B,D,E NEW QUESTION # 58 General Ledger Accounting For which account can you perform account clearing in SAP S/4HANA?

• A. For any account that is assigned to a financial statement version
• B. For any account that is managed on an open item basis
• C. For any balance sheet account managed on a line item basis
• D. For any G/L account defined as reconciliation account

Answer: D NEW QUESTION # 59 ......