Cert 7

Question 1

121. When creating a general ledger account and there are conflicting field statuses, which field status has the highest priority

Answer 1

a. SUPPRESS

Question 2

122. Which of the following statements apply to the special general ledger types of noted items(3)

Answer 2

a. NO POSTINGS are made on an offsetting account
b. NOTED items are posted to an alternative reconciliation account
c. NO ZERO balance check is made in the system

Question 3

123. Your customer uses a posting period variant with special periods, and you need to allow specific users to post in these specials periods. What do you assign in the posting period variant

Answer 3

a. An authorization group to period intervals 1 AND 2

Question 4

124. How do you set up depreciation areas in SAP S/4HANA (2)

Answer 4

a. ENSURE depreciation areas always post to the general LEDGER
b. ASSIGN a ledger group to each depreciation AREA

Question 5

125. A user wants to add an application to his SAP Fiori home page but can’t find it in the App Finder. What does the admin have to do

Answer 5

a. Assign the corresponding SAP Fiori tile CATALOG to the user

Question 6

126. You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution(2)

Answer 6

a. REPLACEMENT
b. PREREQUISITE

Question 7

127. Which of the following statements best describe a noted item(2)

Answer 7

a. It can be used to remind the user about due PAYMENTS
b. It can be accessed by the payment PROGRAM

Question 8

128. Which of the following activities does the system perform during the payment run(3)

Answer 8

a. The system MAKES postings to the G/L and AP/AR subledgers
b. The system CLEARS open items
c. The system SUPPLIES the print programs with necessary data

Question 9

129. The cross-company code depreciation area is required in which of the following intercompany transfers

Answer 9

a. For transfers with NONMATCHING depreciation areas

Question 10

130. Which of the following tolerance groups should every company code always have

Answer 10

BLANK

Question 11

131. What are the reasons to perform regrouping of receivables and payables(3)

Answer 11

a. To GROUP payables and receivables based on the due dates
b. To DISPLAY receivables and payables separately
c. To ALIGN amounts on accounts with changed reconciliation accounts

Question 12

132. You start your first sandbox migration and get a lot of errors. How are errors in an SAP S/4HANA migration handled

Answer 12

a. All errors must be corrected during migration to COMPLETE it
b. Critical errors must be resolved in the production system before GO LIVE

Question 13

133. What dunning-related data do you maintain on the business partner master record(3)

Answer 13

a. Dunning PROCEDURE
b. Dunning AREA
c. Dunning BLOCK

Question 14

134. When can you set the open item management indicator in a general ledger account (2)

Answer 14

a. When an account is required for CLEARING
b. When an account has a zero BALANCE

Question 15

135. What is the maximum number of steps possible in validation

Answer 15

999

Question 16

136. For which type of account is the line item display generally active

Answer 16

a. SPECIAL general ledger account

Question 17

137. Identify the fields that cannot be changed while changing parked documents(3)

Answer 17

a. CURRENCY
b. DOCUMENT type or document number
c. COMPNAY CODE

Question 18

138. The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps

Answer 18

a. ACCOUNT selection, DUN line items, DUN account

Question 19

139. For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L. Which special G/L type do you recommend

Answer 19

a. NOTED items

Question 20

140. When creating a bank as a business partner, what roles are assigned to the business partner by default(3)

Answer 20

a. GENERAL
b. FINANCIAL services
c. BANK