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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Which of the following fields can be maintained on a time-dependent basis for assets?

Asset name
Depreciation key
Asset location
Asset owner

The correct answer is: Depreciation key

The depreciation key is the correct choice because it can be maintained on a time-dependent basis for assets within SAP ERP systems. This means that organizations can apply different depreciation methods or rates to an asset over its lifecycle, depending on specific time frames. For instance, an asset may have a certain depreciation method when it is first acquired and a different one if its use or functionality changes over time. While asset name, location, and owner are critical pieces of information related to asset management, they typically are not changed based on time intervals in the same way that depreciation adjustments are. The depreciation key is specifically designed to allow for this flexibility as financial regulations, organizational policies, or changes in asset utilization might warrant different treatment in terms of asset valuation over time.