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S4Hana Financial Accounting > Question Bank 1 > Flashcards

Question Bank 1 Flashcards

1
Q

NO: 1
Your customer uses SAP ERP on any database with EHP 8, classic G/L with accounts approach, and more than 10 years’ worth of data. What can you do in separate projects before the SAP S/4HANA conversion to reduce the complexity of your conversion project? There are 2 correct answers to this question.
A. Create a backup.
B. Implement an archiving project.
C. Launch customer-vendor integration for the business partner.
D. Adopt new Asset Accounting.

A

A, B

Archiving reduced downtime needed for (offline) database backups.

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2
Q

NO: 2
Where can you view the cost of goods sold (COGS) postings per cost component in CO-PA? There are 3 correct answers to this question.
A. Moving average COGS in account-based CO-PA.
B. Actual COGS (based on the material ledger) in cost-based CO-PA.
C. Standard COGS in cost-based CO-PA.
D. Standard COGS in account-based CO.
E. Actual COGS (based on actual costing) in account-based CO-PA.

A

B, C, D

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3
Q

NO: 3
Which of the following reports are obsolete and deleted? There are 4 correct answers to this question.
A. Fiscal Year Change: RAJAWEOO
B. Post depreciation: FAA_DEPRECIATION_POST
C. Post depreciation: RAPOSTxxxx
D. Periodic APC postings: RAPERBxxxx
E. Reconciliation postings: RAABSTxxxx

A

A, C, D, E

FAA_DEPRECIATION_POST is the program that posts asset depreciation.

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4
Q

NO: 4
Your customer’s company code is assigned to a chart of depreciation with three depreciation areas that post in real-time. Last year, your customer acquired an asset that was only capitalized In two of the depredation areas this year you post an integrated asset sale to a customer for this asset. How many documents are
generated during the sale posting?
A. 4
B. 3
C. 5
D. 2

A

B

Each company code uses and one chart of depreciation.

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5
Q

NO: 5
What is One Exposure from Operations?
A. It is an ABAP report that shows the risk if the liquidity of the company will NOT meet short-term financial demands with the current business Operation.
B. it is a standalone SAP NetWeaver system that handles Cash Operations integration.
C. It is an SAP Fiori app that shows all the exposures of the company to foreign currency risk and interest risk.
D. It is a central data storage location that integrates data from Treasury and Risk Management, Cash and Liquidity Management Contract Accounting, and Financial Operations

A

D

It’s like a one-stop shop for all of your cash flow needs.

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6
Q

NO: 6
What must always be activated after the installation of SAP S/4HANA?
A. Credit management.
B. Profit center accounting.
C. Material ledger.
D. Transfer prices.

A

C

Material Ledger collects transaction data for materials.

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7
Q

NO: 7
You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?
A. Valuation using material cost estimate in costing-based CO-PA and account-based- COPA.
B. Valuation using material cost estimate in account-based.
C. Valuation using material cost estimate in costing-based CO-PA.
D. The new refinement for the cost of goods sold postings in account-based CO-PA.

A

D

Account Based CO-PA is most relevant for financial accounting.

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8
Q

NO: 8
Which level does the cost element category get assigned on? Choose the correct answer.
A. Chart of account
B. Company code
C. Controlling area

A

C

The assignment to the controlling area is provided through company codes

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9
Q

NO: 9
What are the benefits of the new depreciation posting run in Asset Accounting? There are 2 correct answers to this question.
A. The online test run can be performed without any master data restrictions.
B. The posting run can be performed even if there are errors on individual assets.
C. You can select a single target ledger group for an accounting principle.
D. You no longer need to select reasons for the posting run.

A

B, D

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10
Q

NO: 10
In which sequence do you create the objects required for the SAP financial closing cockpit?
A. Create a task group
* Create task lists
* Create tasks
* Release task lists
B. Create template
* Create tasks
* Create task lists
* Release task lists
C. Define task levels
* Create a task group
* Release task levels
* Release task group
D. Define closing periods
* Create task lists
* Release task lists
* Release closing periods

A

B

Template, task, task list, release task list

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11
Q

NO: 11
What are the business benefits of SAP S/4HANA Finance? There are 3 correct answers to this question.
A. Overall reporting across financial applications
B. Single source of truth on the line item level
C. Reduced system complexity
D. Automatic update of custom applications to SAP HANA standards

A

A, B, C

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12
Q

NO: 12
Which objects do you migrate from SAP ERP to SAP S/4HANA? There are 3 correct answers to this question.
A. House banks for new Bank Account Management.
B. Data for costing-based profitability analysis.
C. Accounting documents of financial accounting and controlling.
D. Balances of accounts, customers, and vendors.
E. Master data such as assets and profit centers.

A

A, C, D

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13
Q

NO: 13
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA? There are 2 correct answers to this question.
A. It requires a non-leading ledger for parallel valuations.
B. It is available only for new installations.
C. It will NOT have any valuation view assigned to the ledger.
D. It utilizes separate amount columns in the same ledger.

A

C, D

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14
Q

NO: 14
Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions? There are 3 correct answers to this question.
A. Profit center.
B. Cost element categories.
C. G/L accounts.
D. Value field.
E. Billing condition types.

A

B, C, E

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15
Q

NO: 15
The screenshot displays how the depreciation areas of a chart of depreciation post, to the G/L By looking at the screenshot what can you learn about the company code and ledger configuration?
A. There are two currency types assigned to the company code.
B. There is one extension ledger assigned to the leading ledger.
C. There are no more than two ledger groups defined for the company code.
D. There are two ledgers posted during transaction processing.

A

C

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16
Q

NO: 16
How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation?
A. By maintaining the offset account in the asset account determination.
B. By running the monthly depreciation posting.
C. By running the periodic acquisition and production cost posting.
D. By entering manual corrective clearing transfer postings.

A

A

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17
Q

NO: 17
Why is it necessary to migrate balances for Fl and CO?
A. Because a delta between all line items and the balance of every account will be updated in the universal journal.
B. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account.
C. Because the system displays an error if the sum of aggregated line items differs from the balance
D. Because all balances from the past years are stored in the universal journal.

A

A

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18
Q

NO: 18
What are the improvements to new cash pooling? There are 2 correct answers to this question.
A. The business user can define “expected amount” and “minimal movement amount” for every bank account without configuration.
B. The balance before concentration and the simulated balance after the concentration can be compared.
C. Different payment methods for payment requests can be specified in different paying company codes.
D. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made.

A

A, B

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19
Q

NO: 19
In your SAP S/4HANA system, ledger group L1 is assigned to a US GAAP accounting principle. You want to assign the ledger group to the L1 to a separate depreciation area that posts acquisition and production cost APC) and depreciation values. Which of the following limitations prevent you from making an assignment?
A. You use the accounts approach to parallel valuation and all accounting principles are assigned to a single U ledger.
B. One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than ‘—’ the other ledgers.
C. You assign transfer of APC values only from depreciation areas to which the same accounting principle is ‘—’ assigned.
D. The US GAAP values need to be reported in USG-but-the company code currency is Score 0 of 1 Score 0 U of 1 defined as EUR.

A

C

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20
Q

NO: 20
For which account assignment can you perform realignment in the universal journal? There are 2 correct answers to this question.
A. Customer group.
B. Sales region.
C. Functional area.
D. Profit center.

A

A, B

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21
Q

NO: 21
What can you do when you use Account Basis for the cost of goods sold (COGS) split in SAP S/4HANA 1709?
There are 2 correct answers to this question.
A. Enable COGS split for postings made on the source account through internal processes in Financials and Controlling.
B. Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure.
C. Enable COGS split for sales processes posted to internal orders and projects.
D. Enable COGS split for stock transfers and point-of-sale transactions.

A

A, B

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22
Q

NO: 22
With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger? There are 2 correct answers to this question.
A. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.
B. The material ledger with actual costing requires a periodic costing run to update inventory values.
C. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.
D. The material ledger uses the currencies defined in both the leading and non-leading ledgers.

A

B, C

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23
Q

NO: 23
The manage posting periods app shows three-period intervals. Which interval checks exclusively the posting from Controlling (CO) to Financial Accounting (Fl)? Choose the correct answer.
A. 1
B. 3
C. 2

A

B

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24
Q

NO: 24
In which of the following CO transactions is it NOT possible to enter a ledger group?
A. Reposting of Primary Costs (KB11N)
B. Activity Allocation (KB21N)
C. Reposting of Revenues (KB41N)
D. Cost Allocation (KB15N)

A

B

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25
Q

NO: 25
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?
A. A clone of the productive system is used.
B. The data from previous years are archived.
C. SQL database commands are used to accelerate the migration.
D. Optimized data compression is used to minimize the data volume.

A

A

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26
Q

NO: 26
The ACDOCA table has a 6-digit field for document line numbers. However, CO documents updating the COEP table are still limited to 999 lines. How does SAP S/4HANA handle large line item numbers when updating the CO documents?
A. It creates a new document when there are more than 999 lines.
B. It outputs an error message when there are more than 999 lines.
C. It no longer assigns CO-specific document numbers.
D. It creates a new document when there are more than 999.999 lines

A

A

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27
Q

NO: 27
Which statements about the S/4HANA Accrual Engine are correct? There are 3 correct answers to this question.
A. It enables complex postings, more than two line items are possible by customer-defined posting schemes.
B. It is fully integrated into General Ledger:
C. There is no redundant storage of the postings as the original documents.
D. There is summary records in the Accrual Engine:

A

A, B, C

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28
Q

NO: 28
If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on-premise, what distinct benefits will the customer gain? There are 3 correct answers to this question.
A. The higher degree of customization.
B. Personalization through self-service configuration.
C. Faster initial implementation
D. Automatic updates every 3 months.
E. Seamless adoption of the existing processes.

A

C, D, E

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29
Q

NO: 29
You post a customer invoice from Sales and Distribution in SAP S/4HANA, but the system terminates the transaction. With the error message “A maximum number of these items In Fi reached”. What do you need to configure in customizing in order to post this invoice successfully?
A. ACDOCA summarization.
B. Data aging for accounting documents.
C. BSEG summarization.
D. SAP HANA database partitioning.

A

C

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30
Q

NO: 30
Which G/L account types are relevant for CO? There are 2 correct answers to this question.
A. Secondary costs
B. Bank and Cash Accounts
C. Primary costs or revenue
D. Non-operating expense or income

A

A, C

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31
Q

NO: 31
During SAP S/4HANA conversion, why is it necessary to migrate balances for Fl and CO?
A. Because the system displays an error if the sum of aggregated line items differs from the balance
B. Because all balances from the past years are stored in the universal journal
C. Because a delta between all line items and the balance of every account will be updated in the universal journal
D. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account

A

C

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32
Q

NO: 32
What must you do before a Go Live migration in the productive client can be set to Complete in customizing?
There are 2 correct answers to these questions.
A. Transfer application indexes using data aging.
B. Finalize the before-and-after comparison of the financial reports with the business department.
C. Get the approval of the business department and project management.
D. Apply small-scale live postings of the day-to-day business to check the system

A

A, D

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33
Q

NO: 33
The customers’ and vendors’ balances of the previous year are carried forward to the new year, but you did NOT perform the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. Why do you NOT need to execute this program?
A. Because balance carryforward was performed for the leading ledger in the general ledger.
B. Because balance carryforward was performed automatically due to postings to the sub-ledgers in the new year.
C. Because balance carryforward was performed automatically when closing the previous year.
D. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error.

A

A

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34
Q

NO: 34
Can the Global Accounting Hierarchy be set as time-dependent? Determine whether this statement is true or false.
A. False
B. True

A

B

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35
Q

NO: 35
What happens during the migration activity Regenerate CDS Views and Field Mapping? There are 2 correct answers to this question.
A. The redirection of SELECT statements is generated.
B. The OData services for SAP Fiori integration are activated.
C. The customer-specific fields are included in the data migration procedure.
D. The field mapping for the customer and vendor integration is created.

A

A, C

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36
Q

NO: 36
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 partial scrapping for a single depreciation area?
A. 3
B. 1
C. 2
D. 4

A

B

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37
Q

NO: 37
Your customer upgraded a system to SAP S/4HANA for test reasons. You receive feedback from the business department that while opening and closing posting periods, the system asks for a customizing request.
What is the reason?
A. The authorization to save the posting periods is missing.
B. The migration is NOT set to complete.
C. This is a new feature in SAP S/4HANA as proof of change.
D. The client role is set to test in client maintenance.

A

D

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38
Q

NO: 38
How can financial data be stored in the SAP S/4HANA system tables? There are 2 correct answers to this question.
A. There can be a line item in BSEG without a corresponding document in BKPF.
B. There can be a line item in ACDOCA without a corresponding line item in BKPF.
C. There can be a line item added in BSEG without a corresponding line item in ACDOCA.
D. There can be a line item in ACDOCA without a corresponding line item in BSEG.

A

B, D

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39
Q

NO: 39
A customer is currently running SAP ERP and wants to transition to a new implementation of SAP S/4HANA 1709. You are required to provide them with a solution that enables them to transition to SAP S/4 HANA Customer specific enhancements. Which of the following tools will help leverage the transition process?
A. SAP Transformation Navigator.
B. SAP Readiness check for sap S/4 HANA.
C. SAP S/4HANA migration cockpit.
D. Software Update Manager.

A

D

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40
Q

NO: 40
You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the data posted to these company codes is no longer legally required. How do you handle these company codes?
A. Migrate all company codes flagged as productive.
B. Migrate all company codes you selected in customizing.
C. Archive all data from unused company codes.
D. Migrate all company codes of the client.

A

D

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41
Q

NO: 41
There are 8 customer-specific charts of depreciation in the client that are assigned to 22 active company codes, as required Additionally, there is 7 reference and unused. How many charts of depreciation do you migrate?
A. 15
B. 8
C. 7
D. 22

A

B

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42
Q

NO: 42
Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving forward. They want to maintain a fully customizable solution without completely disrupting their current processes. Which SAP S/4HANA solution will you propose?
A. private cloud.
B. On-premise.
C. Public cloud.
D. Hybrid.

A

B

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43
Q

NO: 43
Which of the following is a prerequisite for conversion to SAP S/4HANA? Choose the correct answer.
A. New G/L Accounting must be active.
B. New Asset Accounting must be active.
C. The SAP migration service must be used.
D. Custom code has to be checked for compatibility.

A

D

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44
Q

NO: 44
Which of the following are key benefits of SAP S/4HANA? There are 2 correct answers to these questions.
A. Reduced throughput.
B. Reduced footprint.
C. Choice of the database.
D. Choice of deployment.

A

B, D

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45
Q

NO: 45
You use document splitting and post an incoming invoice via a cost center to segment A. You then use the Manual Reposting 01 Costa (KB11N) transaction to Repost the expense to segment B. What happens to the segment assigned to the supplier line item in the original invoice posting?
A. The open item remains on segment A.
B. The open item is assigned to segment B when the invoice is paid.
C. The open item is assigned to segment B automatically with the CO reposting.
D. The open item is assigned to segment B through reclassification at month-end.

A

A

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46
Q

NO: 46
Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments. When preparing for integration, what do you have to create?
A. Create a BP role for each customer and vendor account group.
B. Create a BP grouping for each customer and vendor account group.
C. Create a BP type for each industry category in the customer/vendor accounts.
D. Create a BP category for each legal form maintained for customers/vendors.

A

B

47
Q

NO: 47
Which technology supports the adoption of the SAP HANA architecture?
A. High-speed, long-range wireless network protocols.
B. Fast and reliable solid-state disks.
C. Smartphone devices.
D. Multi-core, multi-thread central processing units.

A

D

48
Q

NO: 48
Which of the following front-end clients can you NOT use for SAP Business Planning and Consolidation (BCP) Optimized for SAP S/4HANA Finance?
A. SAP Business Client.
B. SAP BusinessObjects Analysis for Microsoft Office.
C. SAP GUI.
D. SAP Fiori.

A

C

49
Q

NO: 49
What do you manage within the cash operations of SAP Cash Management? There are 2 correct answers to this question.
A. Daily cash position, deficits, and surpluses
B. Credit limits for customer accounts.
C. Hedging and hedging contracts
D. Bank risk analysis and risk mitigation

A

A, D

50
Q

NO: 50
After the migration to SAP S/4HANA 1610, you notice in the currency configuration of the company code that the global currency has the “Currency Is Only Available In Controlling” indicator. What might be the cause of this? There are 2 correct answers to this question.
A. Before the migration, the company code did NOT have any parallel currencies defined.
B. Before the migration, the company code was NOT linked to a controlling area.
C. The controlling area linked to the company code was defined with currency type 20.
D. Before the migration, the group currency of the controlling area was defined as a parallel currency in the ‘—’ company code.

A

A, C

51
Q

NO: 51
The classic Asset Accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new Asset Accounting using an accounts approach in SAP S/4HANA?
A. The extra offset account has to be used in the classic Asset Accounting.
B. The extra offset account is obsolete and will be replaced by the technical clearing account.
C. There is no need to use such offset accounts anymore because of real-time postings.
D. The accounts approach must be replaced because the ledger approach is the only valid option.

A

B

52
Q

NO: 52
You have integrated SAP Cash Application on the SAP Cloud Platform with your SAP S/4HANA system.
Which process does SAP Cash Application help you with?
A. Bank statement processing
B. Monitoring bank risk
C. Cash flow reporting
D. Cash journal logging

A

A

53
Q

NO: 53
You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1709 system with account-based CO-PA. Which prerequisites must be met? There are 2 correct answers to these questions.
A. You have set up accounts for transaction key BSX and GBB in the MM account determination.
B. You have defined a settlement profile that allows the settlement of variances for your order type.
C. You have defined a PA transfer structure for settlement.
D. You have executed the variance calculation in CO-PC.

A

A, D

54
Q

NO: 54
Your customer is implementing a new installation of SAP S/4HANA. Which of the following technical components must be installed?
A. SAP Business Planning and Consolidation for SAP S/4HANA.
B. SAP S/4HANA, embedded Business Warehouse.
C. SAP Fiori for SAP S/4HANA.
D. SAP NetWeaver Application Server.

A

D

55
Q

NO: 55
What can you do in the Cockpit view of SAP Product Lifecycle Costing?
A. Manage calculation versions.
B. View the costing structure.
C. Define global settings for currencies and units of measure.
D. Receive an overview of the available master data.

A

A

56
Q

NO: 56
Which tables are replaced by compatibility views? Choose the correct answer.
A. 3
B. 6
C. 10

A

B

57
Q

NO: 57
What are the possible post-migration activities for SAP S/4HANA migration projects? There are 2 correct answers to this question.
A. Transfer archived documents into ACDOCA.
B. Fill offsetting accounts in financial documents.
C. Calculate the net due date and discount due dates for open items.
D. Update open items through data aging.

A

B, C

58
Q

NO: 58
For an integrated asset acquisition posting, the system divides the business transaction into an operational part and a valuating part. Which part posts to all accounting principles? Choose the correct answers.
A. Valuating part (asset against technical clearing account)
B. Operational part (technical clearing account against supplier invoice)

A

B

59
Q

NO: 59
You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer posting to achieve this? There are 2 correct answers to this question.
A. Ledger group.
B. Transaction type.
C. Accounting principle.
D. Depreciation area.

A

A, C

60
Q

NO: 60
You define an additional extension ledger. What type of ledger can you assign as an underlying ledger?
A. Standard ledger.
B. Reconciliation ledger.
C. Material ledger.
D. Special ledger.

A

A

61
Q

NO: 61
After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the “Currency Is Only Available In Controlling” indicator. What might be the
cause of this? There are 2 correct answers to this question.
A. Before the migration, the company code did NOT have any parallel currencies defined.
B. Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.
C. Before the migration, the company code was NOT linked to a controlling area.
D. The controlling area linked to the company code was defined with currency type 20.

A

A, D

62
Q

NO: 62
Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?
A. The year-end closing (program RAJABSOO) is executed and the previous fiscal year is closed.
B. The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES.
C. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.
D. The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).

A

C

63
Q

NO: 63
Where do you assign the customer and vendor account groups when preparing for integration with the business partner (BP)? There are 2 correct answers to this question.
A. BP grouping.
B. BP role group.
C. BP category.
D. BP role.

A

A D

64
Q

NO: 64
Cost of goods sold (COGS) split functionality is available in account-based COPA. Which settings are necessary? There are 2 correct answers to this question.
A. Operating concern currency must be determined.
B. Characteristic values and characteristic groups must be maintained.
C. Cost elements must be mapped to cost components.
D. The corresponding cost elements must exist in the chart of accounts.

A

C, D

65
Q

NO: 65
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the administrator unlock this user?
A. SAP S/4HANA back end.
B. Front-end SAP Gateway server.
C. SAP Smart Business.
D. SAP Fiori launchpad designer.

A

B

66
Q

NO: 66
What are the use cases for Purchase Order Accruals? There are 3 correct answers to this question.
A. Purchasing of consumable material or service – without goods receipts.
B. Purchasing of consumable material or service – with complete goods receipts postings.
C. Purchasing of consumable material or service – with non-valuated goods receipts.
D. Purchasing of consumable material – with valuated goods receipt postings.

A

A, C, D

67
Q

NO: 67
What does an administrator need to do in the SAP Fiori Gateway server in order to launch a native SAP Fiori application from the SAP Fiori Launchpad? There are 2 correct answers to this question.
A. Assign the SAP Fiori tile catalog to a role relevant for the user.
B. Activate the SAP Screen Personas flavor for the app.
C. Assign the SAP Fiori tile group to a role relevant for the user.
D. Activate the OData service relevant to the app.

A

A, D

68
Q

NO: 68
Which tables are replaced by compatibility views? There are 3 correct answers to this question.
A. BSIS: Index for GL Account
B. FAGLFLEXT: NewGL Account totals
C. BSEG: Line Item
D. ANLC: Fixed Assets totals

A

A, B, D

69
Q

NO: 69
Which of the following roles are delivered as business partner roles? There are 3 correct answers to this question.
A. Bank accounts.
B. Suppliers.
C. Banks.
D. Distribution channels.
E. Employees.

A

B, C, E

70
Q

NO: 70
Which of the following are phases in SAP Activate? There are 3 correct answers to this question.
A. Deploy
B. Explore
C. Realize
D. Blueprint
E. Test

A

A, B, C

71
Q

NO: 71
What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business?
A. Credit segment.
B. Company code.
C. Credit control area.
D. Sales area.

A

C

72
Q

NO: 72
What customizing option is available during the conversion Project of an SAP ERP system with classic G/L to SAP S/4HANA1709?
A. Replace the accounts approach with the ledger approach.
B. Introduce document splitting.
C. Add an extension ledger.
D. Implement a new currency type.

A

D

73
Q

NO: 73
What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA1709?
A. Implement a new currency type.
B. Add an extension ledger.
C. Introduce document splitting.
D. Replace the accounts approach with the ledger approach.

A

A

74
Q

NO: 74
What is the planning level and planning group used for in SAP Cash Management? There are 2 correct answers to these questions.
A. – Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
– Planning group is used in the G/L account data to enable the liquidity forecast.
B. – Planning group is used to group customers and vendors to enable accurate forecast.
– Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc. Money
C. – Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and sub-ledger accounts together in the cash position or the liquidity forecast.
D. Planning level is used to differentiate between strategic, business, and operational plan.
– Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc.

A

B, C

75
Q

NO: 75
You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA. Why do you retract the plan data from SAP Business Planning and Consolidation for SAP S/4HANA and return it to the standard planning tables? There are 2 correct answers to this question.
A. To perform planning allocation.
B. To prepare for financial consolidation.
C. To perform availability.
D. To use standard SAP GUI plan/actual reporting.

A

A, D

76
Q

NO: 76
Which transaction types can be restricted to depreciation areas in new Asset Accounting? There are 2 correct answers to this question.
A. Investment support
B. Retirements
C. Transfers
D. Revaluation and new valuation

A

A D

77
Q

NO: 77
Which functions are included in Basic Cash Management for SAP S/4HANA? There are 3 correct answers to this question.
A. Check deposit management.
B. Rolling liquidity planning.
C. Memo record management.
D. Electronic bank statement processing.
E. Workflow approval processing.

A

C, D, E

78
Q

NO: 78
Which of the following options in SAP S/4HANA 1709 is only possible in costing based CO-PA and NOT in account-based CO-PA?
A. Sales order entry postings.
B. Production variance split per variance category.
C. Manual postings.
D. Cost of goods sold (COGS) split per cost component.

A

C

79
Q

NO: 79
The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as. Which ledgers are listed in the universal journal entry line items after you enter an incoming invoice?
A. Standard ledger A
Standard ledger B
B. Standard ledger A
Extension ledger C
C. Standard ledger B
Extension ledger C
D. Standard ledger A
Standard ledger B
Extension ledger C

A

A

80
Q

NO: 80
Which statements are true for an extension ledger? There are 3 correct answers to this question.
A. Stores only delta values.
B. Reporting on the extension ledger always includes the data of the underlying ledger.
C. Multiple extension ledgers can point to the same underlying ledger.
D. Contains a full set of journal entries for all business transactions.

A

A, B, C

81
Q

NO: 81
If you use the ledger approach, which customization settings must you apply for a new Asset Account? There are 2 correct answers to these questions.
A. Define a technical clearing account for integrated asset acquisitions.
B. Set the reconciliation account for parallel valuation (non-leading ledger).
C. Assign a controlling version to each depreciation area.
D. Assign an accounting principle to every depreciation area.

A

A, D

82
Q

NO: 82
Purchase Orders (items) for Fixed Assets are relevant for Purchase Order Accruals. Determine whether this statement is true or false.
A. True
B. False

A

B

83
Q

NO: 83
You are performing a legacy asset data transfer in your SAP S/4HANA system. Your fiscal year-end date is December 31.2017 and your asset transfer date is February 26, 2018. Which of the following values do you need to provide during legacy asset transfer? There are 3 correct answers to this question.
A. Unplanned depredation values.
B. Acquisition and production costs.
C. Accumulated depreciation values
D. Ordinary depreciation values.
E. Revaluation value

A

B, C, D

84
Q

NO: 84
How can you represent different accounting principles in SAP S/4HANA Finance? Choose the correct answers.
A. Accounts approach
B. Ledger approach

A

A, B

85
Q

NO: 85
Your customer creates full balance sheets on the profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?
A. G/L account defined in real-time-integration CO-FI Original cost account
B. G/L account defined in real-time-integration CO-FI Zero-balance clearing account
C. Original cost account Zero-balance clearing account
D. G/L account defined in reconciliation ledger Zero-balance clearing account

A

C

86
Q

NO: 86
Where can you find the automatic write-off program to close unpaid customer balances?
A. Accounts Receivable.
B. Dispute Management.
C. Treasury Operations.
D. Collections Management.

A

B

87
Q

NO: 87
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. Production orders.
B. Suppliers.
C. Materials.
D. Fixed assets.

A

A

88
Q

NO: 88
Basic Cash Management offers workflow capabilities for managing the maintenance of bank accounts. Determine whether this statement is true or false.
A. False
B. True

A

A

89
Q

NO: 89
Which modules need to be updated when you migrate to SAP S/4HANA? There are 2 correct answers to this question.
A. Collections Management (FIN-FSCM-COL)
B. Cash Management (FIN-FSCM-CLM).
C. In-House Cash (FIN-FSCM-IHC).
D. Credit Management (FI-AR-CR).

A

B, D

90
Q

NO: 90
You need to select the Apply Account Assignments Statistically in the Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but this field is currently, NOT available.
What could be the reasons for this behavior? There are 2 correct answers to this question.
A. The G/L account is NOT maintained in the account determination for real-time integration with CO.
B. The G/L account is NOT maintained in the account determination for materials management.
C. The G/L account is NOT a reconciliation account type for assets.
D. The G/L account is NOT maintained in the account determination of fixed asset accounting.

A

B, D

91
Q

NO: 91
Which of the following statements about the integration of asset accounting tables in the universal journal are true? There are 2 correct answers to this question.
A. Statistical items are updated as Universal Journal Entries.
B. No redundancy in data storage.
C. No reconciliation-step in financial close.
D. Planned depreciation and revaluations are now stored in ACDOCA.
E. Reconciliation between G/L and AA is necessary.
F. After conversion, reporting for previous fiscal years is not possible.

A

B, C

92
Q

NO: 92
Which actions will dose a dispute case created for a short payment? There are 2 correct answers to this question.
A. Running the automatic write-off program.
B. Posting a credit memo for only the cash discount amount.
C. Receiving payment for the open amount.
D. Running the auto-confirm dispute case program.

A

A, C

93
Q

NO: 93
You extend the coding block in the universal journal with a custom field. Which components can use this new field without requiring further customization? There are 2 correct answers to this question.
A. Costing-based CO-PA.
B. General ledger accounting.
C. Classic profit center accounting.
D. Account-based CO-PA.

A

A, B

94
Q

NO: 94
Which object do you enter in controlling transactions to update a specific valuation in the universal journal?
A. Accounting principle.
B. Valuation area.
C. Ledger group.
D. Ledger.

A

C

95
Q

NO: 95
What open period is checked by the third interval of the Open Posting Periods variant in financial accounting?
A. Choose the correct answer.
B. Postings to special periods
C. Postings to Fl Sub ledgers
D. Postings with a special authorization group
E. Postings from CO to Fl

A

D

96
Q

NO: 96
You want to provide your analysts with a tool for powerful visualizations and exploration. Which of the following would you recommend? Choose the correct answer.
A. SAP Lumira
B. SAP Crystal Reports Enterprise
C. SAP BusinessObjects Web Intelligence

A

A

97
Q

NO: 97
Which modules remain unchanged after the migration to SAP S/4HANA? There are 3 correct answers to this question.
A. Liquidity planning
B. Classic profit center accounting
C. Account-based CO-PA
C. Special purpose ledger
D. Costing-based CO-PA

A

B, D, E

98
Q

NO: 98
What can you do in the extension ledger configuration?
A. You can assign a freely defined currency to an extension ledger.
B. You can create an extension ledger for which the underlying ledger is an extension ledger.
C. You can link an accounting principle to a ledger group that contains an extension ledger.
D. You can manually create a new ledger group that contains an extension ledger.

A

C

99
Q

NO: 99
When document splitting is active, in which table is the splitting information stored? Choose the correct answer.
A. ACDOCP
B. BSEG
C. ACDOCA
D. FAGLFLEXA

A

C

100
Q

NO: 100
You perform a direct activity allocation. Which database tables are updated? There are 2 correct answers to this question.
A. ACDOCA.
B. BSEG
C. COBK.
D. COSS

A

A,C

101
Q

NO: 101
At which level do you define that a G/L account is a secondary cost account?
A. Controlling area.
B. Company code.
C. Operating concern.
D. Chart of accounts.

A

D

102
Q

NO: 102
You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. You have created an additional depreciation area for group currency under the chart of depredation.
What are the critical steps for fixed assets? There are 3 correct answers to this question.
A. Activate the new depreciation areas for the individual assets for the respective company codes.
B. Manually recalculate depreciation for the new depreciation area.
C. Update the depredation key for the new depreciation area.
D. Update G/L accounts for the new depreciation area for the chart of depreciation.
E. Activate the new depreciation areas for asset classes under the chart of depreciation.

A

B, D, E

103
Q

NO: 103
Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables?
There are 2 correct answers to these questions.
A. ACDOCP is a cluster table.
B. ACDOCP is a table with a delta mechanism.
C. ACDOCP is an isolated table.
D. ACDOCP derives data from ACDOCA.

A

B, C

104
Q

NO: 104
SAP S/4HANA can run on an SAP HANA database only. Determine whether this statement is true or false.
A. True
B. False

A

A

105
Q

NO: 105
You migrate a system from SAP ERP with classic G/L to SAP S/4HANA. Which activities must you perform in the productive SAP S/4HANA system before the software is installed? There are 3 correct answers to this
question.
A. Post required documents in Fl and CO.
B. Start the RAPERB2000 asset report.
C. Perform G/L customizing for migration.
D. Activate new Asset Accounting.
E. Run balance sheets and G/L account balances.

A

A B E

106
Q

NO: 107
Which downstream activities can be updated when you post a payment in receivables management? There are 2 correct answers to this question.
A. Release of an order from credit hold.
B. Update of days sales outstanding calculations.
C. Update of a promise to pay.
D. Reduction of an open dispute case amount.

A

A D

107
Q

NO: 107
You need to create a new user-defined characteristic in account-based CO-PA and must ensure that is part of the universal journal entry. Which actions do you have to perform? There are 2 correct answers to this
question.
A. Activate the CO-PA append structure in ACDOCA.
B. Create the user-defined characteristic and add it to the operating concern.
C. Maintain the proper derivation rules in transaction KEDR.
D. Generate an operating concern.

A

B, D

108
Q

NO: 108
For which parameters can you define the minimum life to maintain documents in financial accounting for data aging? There are 2 correct answers to this question.
A. Account type
B. Document type.
C. Document number.
D. Ledger group

A

A, B

109
Q

NO:109
What processes do you perform as part of liquidity management? There are 3 correct answers to this question.
A. Perform planning
B. Forecast balances
C. Monitor cash flow
D. Post credit memos
E. Review credit standing

A

A, B, C

110
Q

NO: 110
You compare the ACDOCA and BSEG tables and find that some Fl documents are NOT stored in the BSEG table. Which of the following financial accounting transactions creates entries only in the ACDOCA table?
A. Depreciation run.
B. Post vendor invoice.
C. Execute profit-center allocation.
D. Cash journal posting.

A

C

111
Q

NO: 111
How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA? There are 2 correct answers to this question.
A. Use a BW planning cube and a preconfigured content workbook
B. Use the in-built BPC data extractor and upload template.
C. Store your planned data in the ACDOCA table.
D. Store your planned data in the ACDOCP table.

A

A, D

112
Q

NO: 112
What are your options for activating actual costing during the productive startup of the material ledger in S/4HANA?
A. Actual costing is optional. If you do NOT activate it, you CANNOT activate it afterward.
B. Actual costing is obligatory and is activated by default for selected valuation areas.
C. Actual costing is optional. If you do NOT activate it, you can activate it later.
D. Actual costing is obligatory and is activated by default for all valuation areas.

A

C

113
Q

NO: 113
You convert a system from SAP ERP with classic G/L to SAP S/4HANA. Which activities must you perform in the productive SAP S/4HANA system before the software is installed? There are 2 correct answers to this question.
A. Run balance sheet and G/L account balances reporting.
B. Perform G/L customizing for migration.
C. Start the RAPERB2000 asset report.
D. Activate new Asset Accounting.

A

A, C

S4Hana Financial Accounting (2 decks)

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