Cert 14

Question 1

261. Which field in the business partner master can you configure so that the document reference is transferred to the line item

Answer 1

a. SORT key

Question 2

262. You post a purchase order. For which expenses does the system calculate accruals (2)

Answer 2

a. INSURANCE premiums
b. CONSULTING services

Question 3

263. Your SAP S/4HANA system is integrated with controlling. You perform cost of sales accounting, and you report your profit and loss per profit center. When posting a supplier invoice to a primary cost account, which field is mandatory by standard procedures?

Answer 3

COST CENTER

Question 4

264. You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles. How can you set this up in the system

Answer 4

a. Define two valuation METHODS and assign the accounting PRINCIPLES to the new valuation methods

Question 5

265. What data do you maintain in the chart of accounts sections of a General Ledger account

Answer 5

a. CONSOLIDATION data

Question 6

266. You are configuring accrual types for the accrual engine. For which postings is account determination required (2)

Answer 6

a. OPEN posting only
b. PERIODIC only

Question 7

267. The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false

Answer 7

TRUE

Question 8

268. How does the SAP HANA architecture improve SAP S/4HANA system performance

Answer 8

a. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at RUNTIME

Question 9

269. Which of the following is a technical year-end closing activity in SAP S/4HANA

Answer 9

a. LEDGER balances must be carried forward

Question 10

270. Identify the application areas where validations and substitutions can be used(3)

Answer 10

a. FI
b. CO
c. AA

Question 11

271. Which of the following are SAP Fiori design principles

Answer 11

a. Role-based
b. Responsive

Question 12

272. Which transactions lead to asset capitalization(3)

Answer 12

a. VALUATED goods receipt
b. INTERCOMPANY transfer
c. ASSTES under construction settlement

Question 13

273. Which elements define the integration of asset acquisitions to the general ledger (2)

Answer 13

a. ASSET class
b. Depreciation AREA

Question 14

274. When you post a payment for an invoice, how does the system derive the splitting characteristics

Answer 14

a. PASSIVE document splitting

Question 15

275. How many intervals are defined for the foreign currency valuation run ID per client

Answer 15

1

Question 16

276. How can you define a matching method for intercompany reconciliation

Answer 16

a. It can be defined as MASTER DATA or as CONFIGURATION

Question 17

277. Which of the following account assignments can you configure the system to create complete balance sheet reports for(3)

Answer 17

a. SEGMENT
b. company CODE
c. PROFIT CENTER

Question 18

278. You’d like to set up low value asset (LVA) management. What do you need to do

Answer 18

a. DEFINE TWO separate asset classes to manager LVA using individual or collective management

Question 19

279. Which process is automated with purchase order accruals, compared to manual accruals with the accrual engine

Answer 19

a. CREATE ACCRUAL object

Question 20

280. You want to configure the tax calculation procedures. What are the main elements you need to define(3)

Answer 20

a. SEQUENCE of steps
b. ACCOUNT or transaction key
c. CONDITION type