The government announces that it plans to change the basic VAT tax percentage from 20% to 18%. What do you have to do in the system to comply? Please choose the correct answer:

D. Create new tax codes with the 18% percentage for input and output tax.

A. Change the tax percentage for input and output tax codes to 18%.

B. Change the tax percentage for existing input tax codes to 18%.

C. Create new tax codes with the 18% percentage for input tax.

You are posting an incoming payment against an invoice. Which document values does the user tolerance group control? There are 2 correct answers to this question. Response:

A. The total amount (sum of all line items) allowed to be posted

B. The cash discount amount (absolute value) allowed for a line item

C. The cash discount percentage allowed for the complete document

D. The payment amount allowed for each customer open item

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?

D. The balance of the new account is added to the non-assigned section and is excluded from the calculation

A. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation

B. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation

C. The balance of the new account is added to the non-assigned section and is included in the calculation

Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system? Note: There are 3 correct answers to this question.

B. Add required authorizations for data aging to your role.

C. Switch on the data aging business function

A. Activate data aging for your company code.

D. Define the logical file path as a global path for data aging

What are some of the personalization options available to users in your SAP Fiori launch pad environment? There are 3 correct answers to this question.

A. Users can add applications from the catalog assigned to them.

B. Users can add applications for filtered report results.

E. Users can remove applications they DO NOT use.

C. Users can add new devices from the catalog assigned to them.

D. Users can remove devices they DO NOT use.

What does the year-end closing program in Asset Accounting do? Note: There are 3 correct answers to this question.

A. It blocks all postings to Asset Accounting for the closed fiscal years.

B. It indicates if any of the created asset master records contain errors or are incomplete.

E. It checks whether the depreciation is posted completely for the fiscal year.

C. It settles all assets under construction with values and maintained settlement rules.

D. It posts all remaining depredation and imputed interest.

Identify the fields that cannot be changed while changing parked documents. Choose the correct answers. (3)

C. Document type or document number

Which of the following are posted in theprogram FAA_DEPRECIATION_POST? Choose the correct answers. (3)

A. Unplanned depreciation or other manually planned depreciation

B. Ordinary depreciation such as book depreciation or imputed depreciation

How does SAP S/4 HANA support the treatment of taxes? There are 3 correct answers to this question.

A. It posts the tax amount to tax accounts.

B. It performs tax adjustments for cash discounts and other forms of deductions.

D. It checks the tax amount entered and automatically calculates the tax.

C. It performs the adjustment to the tax codes and automatically updates the procedure.

E. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.

How can you post accruals? Note: There are 3 correct answers to this question. Response:

A. Execute the periodic accrual run.

C. Post manually at the end of a period, quarter, or year.

D. Use the recurring entry program.

B. Run the depreciation program.

E. Reclassify the receivables and payables.

Which of the following retirement types is referred to as scrapping? Please choose the correct answer.

A. Partial retirement without revenue and without customer

B. Complete retirement with revenue but without customer

C. Complete integrated asset retirement

D. Unplanned depreciation of remaining value

Which of the following lists support the dunning clerk's work? Choose the correct answers. (3)

D. The list of vendor balances in local currency

On which database is SAP S/4HANA built to run?

B. On all modem enterprise level databases

C. Ona select list of SAP and third-party databases

D. On all databases that support columnar data storage

Which of the following statements are correct? Choose the correct answers. 2

A. It is possible to design multilevel workflow sequences.

B. The same workflow variant can be assigned to several company codes.

C. A company code can be assigned several workflow variants.

D. A task can be assigned only one possible processor.

What checks does the year-end closing program (RAJABSOO) perform? Choose the correct answers. 2

A. Assets are complete and error-free.

B. Depreciation and asset balances are posted in full.

C. Last fiscal year has been updated.

D. Depreciation lists and the asset history sheet have been checked.

Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this? Response:

D. Enter the same document number range in the customizing definition of both document types

A. Create a substitution rule that updates the document number based on the range you assign in the rule definition.

B. Create two external number ranges with the same range and assign one to each of the relevant document types.

C. Create two internal number ranges with the same range and assign one each to the relevant document types.

ADJUSTED SAP QUESTIONS PART 1

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40 questions

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MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following are possible reasons that an invoice would not be paid? There are 3 correct answers to this question. Response:

A. The invoice has a debit balance.

B. The discount period has expired.

C. An invalid house bank is selected.

D. The payment amount is less than the minimum amount specified for a payment.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have? Please choose the correct answer. Response:

A. 1

B. 4

C. 5

D. 3

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Identify the callup points that have been provided for Financial Accounting (F1). Choose the correct answers. (2)

A. Organizational unit

B. Document line

C. Document header

D. Controlling area

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

A. Customer account

B. Vendor account

C. Special general ledger account

D. Noted items

MULTIPLE SELECT QUESTION

30 sec • 1 pt

What must you do to create new validations and substitutions? Note There are 2 correct answers to this question.

A. Choose the chart of accounts

B. Select the relevant call-up point

C. Deactivate all former validations and substitutions

D. Define the area of application

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

On what basis does the system determine the period for the asset retirement? Please choose the correct answer. Response:

A. Net book value

B. Asset value date (asset retirement date)

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Identify the application areas where validations and substitutions can be used. There are 3 correct answers to this question. Response:

A. AA - Asset Accounting

B. FI - Financial Accounting

C. CO - Cost Accounting

D. SD - Sales and Distribution

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ADJUSTED SAP QUESTIONS PART 1

Which of the following are possible reasons that an invoice would not be paid? There are 3 correct answers to this question. Response:

The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have? Please choose the correct answer. Response:

Identify the callup points that have been provided for Financial Accounting (F1). Choose the correct answers. (2)

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

What must you do to create new validations and substitutions? Note There are 2 correct answers to this question.

On what basis does the system determine the period for the asset retirement? Please choose the correct answer. Response:

Identify the application areas where validations and substitutions can be used. There are 3 correct answers to this question. Response:

Which is the most flexible SAP S/4HANA Cloud solution for customers? Please choose the correct answer. Response:

Which functions allow you to temporarily save the entered data? Choose the correct answers. 2

Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels? There are 2 correct answers to this question. Response:

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