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P_S4FIN_2023 SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP is now Stable and With Pass Result | Test Your Knowledge for Free

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P_S4FIN_2023 Practice Questions

SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP

Last Update 4 days ago
Total Questions : 80

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Question # 11

Which of the following is a prerequisite to activate takeover values between depreciation areas?

Options:

A.  

Takeover values are possible across all depreciation areas.

B.  

Only one depreciation area per chart of depreciation is assigned 00.

C.  

Depreciation areas must be assigned to the same accounting principles

D.  

Takeover values are no longer supported in SAP S/4HAN

A.  

Discussion 0
Question # 12

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?

Options:

A.  

4

B.  

3

C.  

1

D.  

2

Discussion 0
Question # 13

You run an assessment cycle for cost centers, but no postings are made because the posting period is NOT open. Against which period interval is the check being made?

Options:

A.  

First interval 3, then interval 2 if interval 3 is not maintained

B.  

First interval 3, then intervals 1&2 if interval 3 is not maintained

C.  

Only interval 3, no other intervals checked if interval 3 is not maintained

D.  

First interval 3, then interval 1 if interval 3 is not maintained

Discussion 0
Question # 14

Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis?

Options:

A.  

Line items with technical numbers/ no deletion possible

B.  

Standard journal entries

C.  

Journal entries for valuation differences

D.  

Line items with technical numbers/ deletion possible

Discussion 0
Question # 15

You are performing a system conversion for a customer that uses classic G/L with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values in an S/4HANA standard conversion project?Note: There are 3 correct answers to this question.

Options:

A.  

Valuation areas (FI)

B.  

Standard ledgers

C.  

Document types

D.  

Accounting principles

E.  

Ledger groups

Discussion 0
Question # 16

Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA?Note: There are 3 correct answersto this question.

Options:

A.  

Classic Credit Management

B.  

Cash Management

C.  

Accrual Engine

D.  

Special Purpose Ledger

E.  

Costing-based CO-PA

Discussion 0
Question # 17

Your company code is configured with three depreciation areas that post in real time The

company is configured to update company code and group currency types. How many documents are

posted when you post a partial scrapping for a single depreciation area?

Options:

A.  

3

B.  

4

C.  

2

D.  

1

Discussion 0
Question # 18

Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

Options:

A.  

Memo records

B.  

Payment methods

C.  

Record types

D.  

Payment terms

Discussion 0
Question # 19

In the standard delivery system, what isthe maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of goods sold?

Options:

A.  

160

B.  

120

C.  

40

D.  

100

Discussion 0
Question # 20

On what level can you assign a fiscal year variant to a company code?

Options:

A.  

Ledger group, for standard ledger type

B.  

Ledger, for any type of ledger

C.  

Ledger, forstandard ledger type

D.  

Ledger group, for any type of ledger

Discussion 0
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