SAP Asset Accounting

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Questions and Answers

Which of the following accurately describes Asset Accounting in SAP FICO?

  • It is a subsidiary ledger of FI. (correct)
  • It only calculates the depreciation of assets.
  • It provides real-time integration with FI for asset transactions.
  • It manages all industry and country-specific fixed assets.

What is the purpose of Asset Accounting in SAP FICO?

  • To provide real-time integration with FI.
  • To calculate the depreciation of assets.
  • To perform other actions related to asset transactions.
  • To manage the entire lifecycle of fixed assets. (correct)

Which of the following is another term for Asset Accounting in SAP FICO?

  • Subsidiary Ledger Accounting
  • Asset Transaction Accounting
  • Fixed Asset Accounting (correct)
  • Real-Time Integration Accounting

What type of integration does Asset Accounting in SAP FICO provide with FI?

<p>Real-time integration (C)</p> Signup and view all the answers

What actions can be performed using Asset Accounting in SAP FICO?

<p>All of the above (D)</p> Signup and view all the answers

Which of the following accurately describes Asset Accounting in SAP FICO?

<p>Asset Accounting in SAP FICO manages all fixed assets in any industry and country. (D)</p> Signup and view all the answers

What is the benefit of using Asset Accounting in SAP FICO?

<p>Automatically calculate the depreciation of assets. (C)</p> Signup and view all the answers

What does Asset Accounting in SAP FICO provide integration with?

<p>FI (C)</p> Signup and view all the answers

What can be done with Asset Accounting in SAP FICO?

<p>All of the above (D)</p> Signup and view all the answers

What is another term for Asset Accounting in SAP FICO?

<p>Fixed Asset Accounting (D)</p> Signup and view all the answers

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