SAP Financial Accounting (SAP FI) Certified Application Associate Practice Exam

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Which organization unit level is used to define a chart of depreciation?

Asset class
Company code
Client
Chart of accounts

The correct answer is: Client

The correct answer focuses on the organizational unit that defines a chart of depreciation in SAP Financial Accounting. A chart of depreciation outlines the methods and rules for depreciating fixed assets, and it is specifically linked to the company code. Each company code can have its own chart of depreciation tailored to its regulatory framework, accounting practices, and business requirements. Although the client represents the highest organizational level in SAP, encompassing multiple company codes and other organizational units, it does not directly define how depreciation is applied to fixed assets. The chart of accounts is related to the ledger used for financial statements, while the asset class pertains to classifications of fixed assets rather than the overall structure of depreciation. Therefore, the correct association is with the company code, which is essential in the context of defining how a chart of depreciation is structured and applied within the lifecycle of asset management in SAP FI.