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Examtopics C_TS413_2021: SAP Certified Application Associate - SAP S/4HANA Asset Management Prepaway Real Exam Questions and dumps free download
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596-C_TS413_2021: SAP Certified Application Associate - SAP S/4HANA Asset Management
#Question
How might companies decide to impair an asset?
A.
After acquiring a new asset
B.
If it achieves higher market value
C.
When future cash flows are uncertain
D.
Upon employee recommendation
Correct Answer:
C
Companies generally decide to impair an asset when future cash flows are uncertain, indicating that its carrying amount may not be recoverable.
#Question
What is the benefit of using a centralized asset management system?
A.
Complicated reporting
B.
Streamlined data management
C.
Increased redundancy
D.
Higher operational costs
Correct Answer:
B
A centralized asset management system streamlines data management by consolidating information, enhancing efficiency and compliance.
#Question
In SAP S/4HANA, what is crucial for ensuring proper integration between asset management and financial accounting?
A.
Differing reporting structures
B.
Siloed data management
C.
Accurate master data
D.
Multiple user interfaces
Correct Answer:
C
Accurate master data is crucial for ensuring seamless integration between asset management and financial accounting processes in SAP S/4HANA.
#Question
Which factor is primarily used to determine the depreciation method for assets?
A.
Market demand
B.
Type of asset
C.
Historical performance
D.
Vendor recommendations
Correct Answer:
B
The type of asset primarily dictates the appropriate depreciation method based on industry standards and regulations.
#Question
What type of information is captured in an asset acquisition document?
A.
Acquisition costs and timestamps
B.
Employee productivity
C.
Marketing strategies
D.
Vendor payment history
Correct Answer:
A
An asset acquisition document captures crucial acquisition costs and timestamps along with other retaining information essential for financial reporting.
#Question
How often should organizations conduct asset evaluations to remain compliant?
A.
Weekly
B.
Monthly
C.
Every two years
D.
Annually
Correct Answer:
D
To remain compliant, organizations should conduct asset evaluations at least annually to ensure that records remain accurate.
#Question
Which SAP functionality specifically helps track asset usage over time?
A.
Capital budgeting
B.
Cash flow analysis
C.
Vendor management tool
D.
Asset utilization reporting
Correct Answer:
D
Asset utilization reporting within SAP helps organizations track and analyze how assets are being used over time.
596-C_TS413_2021: SAP Certified Application Associate - SAP S/4HANA Asset Management
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