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SAP P_S4FIN_2020 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Exam Practice Test

Demo: 12 questions
Total 80 questions

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Questions and Answers

Question 1

An asset is being acquired through integration with procurement. How is the asset aquisition value posted?

Options:

A.

Valuated acquisition is posted at settlement

B.

Non-Valuated acquisition is posted at goods receipt

C.

Non-Valuated acquisition is posted at invoice receipt

D.

Valuated acquisition is posted at invoice receipt

Question 2

Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.

Options:

A.

Parallel currencies

B.

Actual costing results

C.

Transfer Prices

D.

Plan data

Question 3

You want to sell products from stock.

What do you need to maintain before you can analyse the cost of goods sold (COGS) subdivided

By cost component in account-base (COPA).

NOTE: There are 2 correct answers to this question

Options:

A.

A collection of primary cost elements to receive the cost portions

B.

A settlement profile to control the settlement of cost portions

C.

An extension ledger with type" line items with technical numbers

D.

A cost splitting profile in general ledger accounting

Question 4

In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company code 1010. In a second step, you change this account to cost category "43" in company code 1750, which is assigned to the same controlling area. What is the effect in the system when you save this account?

Options:

A.

This system brings up an error message and rejects the change

B.

The cost element category in the account is also changed for company code 1010

C.

The user is asked which categorywill be used in the future

D.

The cost element category is different in the two company codes

Question 5

Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA? There are 3 correct answer to this question.

Options:

A.

You cannot continue to use the consolidation staging ledger

B.

You must define valuation areas for foreign currency valuation

C.

You must use the accounts approach to parallel valuation

D.

You cannot configure and activate document splitting

E.

You must configure profit center and segment accounting

Question 6

You run an assessment cycle, but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings?

Options:

A.

Only interval 3

B.

Only interval 2

C.

Intervals 1 and 3

D.

Intervals 1 and 2

Question 7

In the standard delivery system, what is the maximum of components you can use for the primary

Options:

A.

140

B.

160

C.

40

D.

25

Question 8

You maintain a Launchpad for users to which role Z MANACC is assigned. What do you need to do make an app available on the users Launchpad?

Options:

A.

Activate the OData Service for role Z MANACC which is assigned to the app according to the SAP Fiori apps reference library

B.

Assign the app directly to role Z MANACC

C.

Add the app to a catalog and a group that are assigned to role Z MANACC

D.

Activate the user parameter for PFCG (role maintenance) for role Z MANACC

Question 9

You carry forward balances for your company code and leading ledger to the new fiscal year 2021 and year What could resolve the error?

Options:

A.

Run "calculate depreciation" (transition AFAR) for fiscal year 2021

B.

Post revaluation and new valuation (transition AR29N) for fiscal year 2020

C.

Run the fiscal year change (transition FAA_CMP) to close fiscal year 2019

D.

Post all depreciation (transaction AFAB) for the fiscal year 2020

Question 10

How many digits for the amount field on the financial document line item level are supported in the universaljournal?

Options:

A.

13

B.

27

C.

23

D.

17

Question 11

What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question

Options:

A.

Actual revenue

B.

Standard cost of goods sold

C.

Incoming sales orders

D.

Actual cost component splits of goods sold

Question 12

Which reports are included with SAP S/4HANA, embedded analytics? There are 2 correct answer to this question

Options:

A.

SAP Analysis for Microsoft Office reports

B.

Analytical list page reports

C.

Multidimensional reports

D.

SAP Lumira reports

Demo: 12 questions
Total 80 questions