SAP Financial Accounting (SAP FI) Practice Exam

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Study for the SAP Financial Accounting (SAP FI) Exam. Use flashcards and multiple choice questions with hints and explanations to enhance learning and comprehension. Prepare thoroughly for your certification test!

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How many depreciation keys can a depreciation area have?

One
Two
Three
Unlimited

The correct answer is: One

In SAP Financial Accounting, each depreciation area is allowed to have only one depreciation key. The depreciation key defines how the asset is depreciated, including the calculations for the rate and method of depreciation. It acts as a set of rules that determine how the value of an asset decreases over time in the financial statements. This is crucial because different depreciation areas, like book and tax, may use various methods, but within a single depreciation area, consistency is maintained through the singular key. This ensures clarity and accuracy in reporting for that specific area, avoiding confusion from multiple methods applied within the same category.