P_S4FIN_2021 Financials in SAP S/4HANA for SAP ERP Finance Experts

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Check the first 10 questions. Answers are revealed only when you take the quiz.

1. 1 · Geral

   You are using SAP S/4HANA with account-based profitability analysis. For which objects can you activate derivation of profitability characteristics for G/L line items, without profitability segment'?

   • A)Materials
   • B)Fixed assets
   • C)Suppliers
   • D)Production orders

2. 2 · Geral

   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?

   • 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

3. 3 · Geral

   You want to configure an extension ledger. Which steps do you need to take? 2 correct answers

   • A)Select an underlying ledger for the Extension Ledger
   • B)Assign a Fiscal Year variant to the Extension Ledger
   • C)Specify the document types for the Extension Ledger
   • D)Specify currency types for the Extension Ledger

4. 4 · Geral

   In controlling, what is a mandatory customizing step when convening a system to SAP S/4HANA?

   • A)Create document type for CO postings
   • B)Define profit center hierarchy.
   • C)Migrate the material ledger
   • D)Activate account based CO-PA

5. 5 · Geral

   In your SAP S/4HANA system, ledger group LI is assigned to a US GAAP accounting principle. You want to assign ledger group to the LI to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values. Which of the following limitations prevent you from making assignment?

   • A)You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger
   • B)The US GAAP values need to be reported in USG-but-the company code currency is defined as L1 EUR.
   • C)One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers
   • D)You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.

6. 6 · Geral

   How many digits for the amount field on the financial document line item level aresupported in the universal journal?

   • A)13
   • B)27
   • C)23
   • D)17

7. 7 · Geral

   Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions? Note: There are 3 correct answers to this question.

   • A)Billing condition types
   • B)G/L accounts
   • C)Profit center
   • D)Cost element categories
   • E)Value field

8. 8 · Geral

   What can you do in the extension ledgers configuration? Please choose the correct answer.

   • A)You can assign a freely defined currency to an extension ledger
   • B)You can manually create a new ledger group that contains an extension ledger
   • C)You can create an extension ledger for which the underlying ledger is an extension ledger.
   • D)You can link an accounting principle to a ledger group that contains an extension ledger.

9. 9 · Geral

   You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1809 system with account-based CO-PA. Which prerequisites must be met? Note: There are 2 correct answers to this question.

   • A)You have set up accounts for transaction key BSX and GBB in the MM account determination.
   • B)You have executed the variance calculation in CO-PC.
   • C)You have defined a settlement profile that allows the settlement of variances for your order type
   • D)You have defined a PA transfer structure for settlement.

10. 10 · Geral

    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?

    • A)3
    • B)4
    • C)2
    • D)1

And 175 more questions waiting for you.