Fixed Asset

What do you call the temporary cost accumulators used for specific spending (as opposed to cost centers which are long term cost accumulators)?

(a)  

What transaction code is used to supplement and reduce Internal Order Budget?

(a)  

True or False. Release of Internal Order is required before Business Unit can proceed with the purchase of asset/creation of GR

• True

• False

What specific detail in the asset master creation request is applicable for IT assets only?

(a)  

For asset class D1201 under Store, what is the useful life (in years) that we need to input in the form/template to override the existing 5 years useful life in SAP?

(a)  

What is the transaction type to be used in the ZCFINE020 template when the GR is related to prior year?

(a)  

From what report do we get the quantity and UOM (unit of measure) for update in the transfer AUC template?

Hint: "_ _" Report

(a)  

Before proceeding with the posting of the asset transfer, an asset sub-number needs to be created using what transaction code?

(a)  

True or False.  AB09 is the transaction code to be used for reversal of incorrect asset posting.

• True

• False

Photographs of the asset must be attached together with the form to substantiate the transaction if the NBV (net book value) of the assets to be written-off or disposed is more than (a)   ?

Hint: Input the amount in answer box (ex. 7,000)