Cert 20

Question 1

381. With the automatic clearing program, a user can clear open items for which of the following items? (2)

Answer 1

a. GENERAL ledger
b. SUBLEDGER accounts

Question 2

382. How does an automatic intercompany asset transfer work?

Answer 2

a. It assumes that the transfer happens between TWO independent legal entities

Question 3

383. Which field status has the lowest priority (G/L accounts)?

Answer 3

a. OPTIONAL entry

Question 4

384. To reduce the load on the system, what should you do with the older documents that exist in the database

Answer 4

a. ARCHIVE and delete

Question 5

385. In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP? (2)

Answer 5

a. Net book VALUE
b. DEPRECIATION start date

Question 6

386. You use the lowest-value valuation method with active delta logic. Your open item was posted at 200 units of foreign currency, which originally translated to 100 units of local currency, and in the previous period it was 98 units. In the preceding foreign currency valuation run, the program posted a value of -1 currency units. What was the value in local currency units at the time of valuation?

Answer 6

97

Question 7

387. Which activities can you perform with a recurring journal entry? (2)

Answer 7

a. CREATE monthly postings on any date of a month
b. OBTAIN an overview of related future postings

Question 8

388. What do you define for a tax code? (2)

Answer 8

a. Valid tax TYPES
b. Tax percentage RATES

Question 9

389. How does SAP S/4HANA support the treatment of taxes? (3)

Answer 9

a. It checks the tax amount entered and AUTOMATICALLY CALCULATES THE TAX
b. It performs tax adjustments for CASH DISCOUNTS and other forms of deductions
c. It POSTS the tax amount to tax accounts

Question 10

390. What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)? (3)

Answer 10

a. Upgrade INTERVALS
b. Data MODEL
c. Configuration SCOPE

Question 11

391. Which stage of the sales process creates documents for both Materials Management and Financial Accounting?

Answer 11

a. Shipping – GOODS ISSUE

Question 12

392. You forgot to add a new general ledger account into the financial statement version. What impact does this have on the net profit and net loss?

Answer 12

a. The balance of the new account is added to the NON-ASSIGNED section and is EXCLUDED from the calculation

Question 13

393. Which entries do you define when maintaining a G/L account? (3)

Answer 13

a. Account TYPE
b. Field status GROUP
c. Account GROUP

Question 14

394. To use the SAP Financial Closing cockpit, which steps are required? (3)

Answer 14

a. Create a TEMPLATE
b. Define task DEPENDENCIES
c. RELEASE the task list

Question 15

395. Which document splitting setting for the segment characteristic will ensure that no document line will be posted without a segment

Answer 15

a. MANDATORY field

Question 16

396. Which data sections are part of every asset class (2)

Answer 16

a. DEPRECIATION data section
b. MASTER data section

Question 17

397. What can you control with the reason code in Accounts Receivable? (3)

Answer 17

a. The type of PAYMENT NOTICE sent to a customer
b. The account where a RESIDUAL item is posted
c. The exclusion of disputed RESIDUAL items from credit limit checks

Question 18

398. For which of the following transactions can you use noted items

Answer 18

a. Down payment REQUEST

Question 19

399. A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose?

Answer 19

a. The one assigned to the tolerance GROUP

Question 20

400. Which field cannot be changed during document posting for the one-time customer

Answer 20

a. Customer Country