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SAP P_S4FIN_2023 Dumps

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Total 80 questions
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SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Questions and Answers

Question 1

You want to convert your system from an account solution into a ledger solution without a prior New G/L migration project.Which scenario can be used?Note: There are 2 correct answers to this question.

Options:

A.

SAP Standard Conversion

B.

New implementation

C.

Selective Data Transition

D.

Chart of Accounts Conversion

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Question 2

You are converting yoursystem to SAP S/4HANA. In yoursystem, you have:Three company codes assigned to a single controlling area. Controlling area is assigned to fiscal year variant K4. Two company codes assigned to fiscal year variant K2. One company code assigned to variant K3.During conversion to SAP S/4HANA, what do you need to change?

Options:

A.

Create a new fiscal year variant (for example Z4) and assign it to all company codes and the controlling area.

B.

Change all company codes to fiscal year variant K4.

C.

Change all company codes to fiscal year variant K2.

D.

Change all company codes and the controlling area to fiscal year variant K2.

Question 3

What must you create before you can record commitments in the universal journal?

Options:

A.

Extension ledger

B.

Tolerance profile

C.

Statistical cost elements

D.

Document type

Question 4

What are some features of actual costing in SAP S/4HANA?Note: There are 2 correct answers to this question

Options:

A.

Selection of activity prices of other CO-versions in the standard run

B.

Simplified data structure with new table structure

C.

Reduced number of steps in the calculation cockpit

D.

Combined run for both standard and alternative valuations

Question 5

What can you do with SAP S/4HANA Accrual Management?

Options:

A.

Post planned accrual amounts in table ACDOCP and analyze them in reports.

B.

Automatically calculate accruals for purchase orders with posted valuated goods receipt.

C.

Automatically calculate accruals for asset acquisitions (direct capitalization) with purchase orders.

D.

Post and analyze accruals in all currencies defined for the general ledger.

Question 6

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 element 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.

The system brings up an error message and rejectsthe change.

B.

The cost element category is different in the two company codes.

C.

The cost element category in the account is changed back to "42" for company code 1750.

D.

The cost element category in the account is changed for both company codes

Question 7

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

Options:

A.

It is still limited to 999 line items but you can configure summarization on certain criteria.

B.

It is automatically extended to 999999 line items.

C.

It is now a compatibility view without number restrictions.

D.

It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required

Question 8

In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

Options:

A.

Between two accounting principles

B.

Between two company codes

C.

Between two profit centers

D.

Between two storage locations

Question 9

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

Options:

A.

Indexing

B.

Storing

C.

Archiving

D.

Aging

Question 10

What setting must be identical between the company code and controlling area?

Options:

A.

The valuation variant key

B.

The posting period variant key

C.

The number of posting and special periods

D.

The fiscal year variant key

Question 11

On which levels can you assign semantic tags to a financial statement version in SAP Fiori?Note: There are 3 correct answers to this question.

Options:

A.

Financial statement item

B.

Functional area

C.

Business area

D.

G/L account

E.

Segment

Question 12

You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

Options:

A.

Cost-based CO-PA can still be used in parallel.

B.

Characteristics will be added to the universal journal.

C.

Value fields will be added to the universal journal.

D.

Historical data will be enriched with characteristics by derivation

E.

Cost component split (COGS) can be configured in financial accounting.

Question 13

Which fields do you maintain when defining the source ledger for migration of balances?Note: There are 2 correct answers to this question.

Options:

A.

Source table

B.

Period

C.

Company code

D.

Year

Question 14

Your customer currently uses classic G/L and asks what new functionalities can be implemented during an SAP standard conversion to SAP S/4HANA.What functionality can you activate?

Options:

A.

Additional parallel currency

B.

Document splitting

C.

Margin analysis

D.

Additional standard ledger

Question 15

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

Options:

A.

Central finance

B.

On premise

C.

Private cloud

D.

Public cloud

Question 16

In what system is it required to perform all system conversion steps to identify and solve conversion errors?

Options:

A.

Production

B.

Quality Assurance

C.

Sandbox

D.

Development

Question 17

At which level is the migration run for finance data performed?

Options:

A.

Company code

B.

Client

C.

Operating concern

D.

Controlling area

Question 18

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

Options:

A.

The system does NOT use material ledger for actual costing.

B.

The system uses classic asset accounting to manage fixed assets.

C.

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

D.

The customer uses the accounts approach for parallel accounting

Question 19

What is the maximum number of currency types that you can report on for a ledger?

Options:

A.

3

B.

10

C.

12

D.

8

Question 20

You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA.What does this mean? Note: There are 3 correct answers to this question

Options:

A.

Customizing is consistent.

B.

All error messages have been accepted.

C.

Customer Vendor Integration can start.

D.

All views are generated successfully.

E.

Only critical error messages have been accepted.

Question 21

Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion .What settings must be made to ensure this? Note: There are 2 correct answers to this question

Options:

A.

Use internal number ranges in the customer and supplier account groups after the conversion

B.

Use internal number ranges in the BP groupings after the conversion

C.

Use external number ranges in the customer and supplier account groups for the conversion.

D.

Use external number ranges in the BP groupings for the conversion.

Question 22

You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.

Options:

A.

Critical errors must be resolved in the production system before Go Live.

B.

All errors related to closed years can be ignored.

C.

Errors must be clarified, and uncritical errors can be accepted

D.

All errors must be corrected before SUM (Software Update Manager)starts.

Question 23

You want to sell products from stock. What do you need to maintain before you can analyze the cost of goods sold (COGS) subdivided by cost components in account-based CO-PA? Note: There are 2 correct answers to this question

Options:

A.

A cost splitting profile in general ledger accounting

B.

A settlement profile to control the settlement of cost portions

C.

A collection of primary cost elements to receive the cost portions

D.

An extension ledger with type "Line items with technical numbers"

Question 24

What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.

Options:

A.

Actual depreciations of all depreciation areas that are set to post depreciation periodically

B.

Actual depreciations of the controlling depreciation area used for management valuations

C.

Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle

D.

Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas

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Total 80 questions
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