SAP Financial Accounting (SAP FI) Practice Exam

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What occurs when the asset class changes in the asset master record?

Redefines main asset number
Updates all related subnumbers values
It triggers a mandatory audit
Assets are sold automatically

The correct answer is: Updates all related subnumbers values

When the asset class changes in the asset master record, it updates all related subnumbers values. This means that when an asset class is changed, the system adjusts the associated sub-assets in relation to the new asset class, ensuring that all accounting properties and relevant parameters are aligned with the change. The asset class essentially determines the type of asset, its depreciation methods, and other financial characteristics, so changing the asset class would necessitate updates to the values linked to any sub-assets that fall under that main asset. This ensures consistency and accuracy in the reporting and management of assets within the SAP system. The other options reflect consequences that do not occur when an asset class is changed. There is no redefining of the main asset number as this remains constant despite changes to the asset class. Similarly, changing the asset class does not trigger a mandatory audit nor does it lead to automatic asset sales, as these actions are not inherent to the process of changing an asset class.