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Free and Premium SAP P_S4FIN_2020 Dumps Questions Answers

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

Question 1

What restriction apply when a new currency is introduced for productive company codes and ledgers? 2 correct answers

Options:

A.

Reconciliation for entities in asset accounting is not included

B.

New currency fields are NOT updated for existing data

C.

Calculated values are NOT added to the ACDOCA

D.

Archived data cannot be enriched with the new currency

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Question 2

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 3

What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?

Options:

A.

Faster innovation cycles

B.

Fuller integration to external systems

C.

Cloud platform compatibility

D.

Support for all industries

Question 4

Which transactions generate a prima nota entry in the system in addition to the universal journal entry? There are 2 correct answers to this question

Options:

A.

Post time sheet data to Controlling (CAT7)

B.

Post FI supplier invoice (FB70)

C.

Settlement of internal order (K088)

D.

Assessment cycle of cost centers (KSUS)

Question 5

Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.

Options:

A.

Indexing

B.

Mirroring

C.

Archiving

D.

Aging

Question 6

A document can have up to 999999 line items in the universal journal (reposing or G/L view). How does this affect the entry view (table BSEG)?

Options:

A.

The system splits the single entry into multiple documents as required

B.

It is extended to 999999 line items

C.

The entry view is also based on the universal journal

D.

It is limited to 999 items

Question 7

You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to

take in the system?

There are 2 correct answers to this question

Options:

A.

Assign a segment to all G/L accounts

B.

Set the zero balance indicator

C.

Define a clearing account

D.

Define a PA transfer structure

Question 8

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 9

What can you do with SAP S/4HANA accrual management?

Options:

A.

Post planned accrual amounts in table ACDOCP and analyse them in reports

B.

Carry forward accruals to future years independent of the other ledger values

C.

Automatically calculate accruals for asset acquisitions with purchase orders

D.

Post and analyse accruals in all currencies defined for the general ledger

Question 10

What system configuration in your customers current SAP ERP system will have a major effect on the duration and complexity of the system conversion to S/4HANA?

Options:

A.

The customers uses the accounts approach for parallel accounting.

B.

The system uses classic asset account to manage fixed assets

C.

The system has document splitting activated for all company codes

D.

The customer does NOT use business partners to manage customers and suppliers

Question 11

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separates 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.

2

B.

4

C.

3

D.

1

Question 12

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

Options:

A.

Extension

B.

Simulation

C.

Prediction and commitments

D.

Valuation