cert 2

Question 1

21. What fields do you have to enter to make a document reversal?

Answer 1

a. POSTING date
b. REVERSAL reason

Question 2

22. When assigning dunning charges to a dunning procedure, what options do you have?

Answer 2

a. To assign a dunning charge percentage WITHOUT assigning a fixed amount
b. To assign a fixed amount WITHOUT assigning a dunning charge percentage

Question 3

23. What are the three basic steps required to define a new company code?

Answer 3

a. ADJUST global parameters
b. ADJUST basic and address data
c. COPY existing COMPANY CODE

Question 4

24. Which of the following parameters are controlled by the screen layout? (3)

Answer 4

a. FIELD selection
b. REFERENCE
c. MAINTENANCE level

Question 5

25. What are the differences between holding and parking documents?

Answer 5

a. The parked document can TRIGGER workflow processes
b. The held document doesn’t have a document NUMBER assigned to it

Question 6

26. Which is the most flexible SAP S/4HANA Cloud solution for customers?

Answer 6

a. PRIVATE option

Question 7

27. What is the secondary cost general ledger account type used for?

Answer 7

a. To post INTERNAL cost allocations in management accounting

Question 8

28. Which of the following information is entered in the chart of accounts segment of a G/L account? (3)

Answer 8

a. ACCOUNT number
b. CONTROL fields
c. CONSOLIDATION fields

Question 9

29. You define custom currency type Z1 for your company code. Which currency types must be stored in the Data Entry view?

Answer 9

a. COMPANY CODE currency
b. DOCUMENT currency

Question 10

30. When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset? (3)

Answer 10

a. DESCRIPTION of the asset
b. INVENTORY number
c. COST center

Question 11

31. For which of the following special G/L transactions does the SAP S/4HANA application not update the transaction figures?

Answer 11

a. NOTED items

Question 12

32. A message can contain up to six fields. Determine whether this statement is true or false?

Answer 12

a. False

Question 13

33. How can you post accruals? (3)

Answer 13

a. USE the recurring entry program
b. EXECUTE the periodic accrual run
c. POST manually at the end of a period, quarter, or year

Question 14

34. It is common for companies to receive invoices for the previous fiscal year at the beginning of the new fiscal year. Which dates must have the same fiscal year in the document entry?

Answer 14

a. POSTING date and ASSET VALUE date

Question 15

35. Which fields in the company code definition of a general ledger account are always required?

Answer 15

a. FIELD status group
b. ACCOUNT currency

Question 16

36. Which of the following are the month-end closing activities for external purposes? (3)

Answer 16

a. PERFORM foreign currency valuations
b. CREATE external and internal reports
c. CLOSE the old period

Question 17

37. Which of the options are types of user fields?

Answer 17

a. EVALUATION group
b. ASSET super number

Question 18

38. When you post an amount to an asset in the LVA class that is above the threshold for the maximum value, how does the system respond?

Answer 18

a. The system produces an ERROR message; for you to post, you must split the asset of post to another asset class

Question 19

39. You have to map two accounting principles for accounting. Using the accounts approach to parallel valuation in SAP S/4HANA, which ledger must you use?

Answer 19

a. LEADING ledger

Question 20

40. For which of the following is a difference between data aging and data archiving?

Answer 20

a. Data archiving REMOVES data from the database