What does the document type control? (Choose two.)

C. Which account types are allowed for postings

D. Whether negative postings are permitted

A. Whether text is required on line item level

B. Which posting keys are allowed for postings

Which statements best describe a profit center? (Choose two.)

C. It is an object for which separate balance sheet and P&L statements can be created, independently from segments being maintained or not.

D. It is the only object from which segments can be uniformly derived

A. It is an object for which separate balance sheet and P&L statements are created only when used in conjunction with segments.

B. It is the only object that can be uniformly derived using segments.

Which of the following should you consider when defining asset number ranges? (Choose two.)

A. Asset number ranges are defined for asset classes and are company code specific.

C. Each asset class can have either an internal or external number range.

B. Each asset number range must be assigned to a unique asset class.

D. Asset number ranges are defined at chart of depreciation level.

Which parameters can you specify directly when you create a new correspondence type? (Choose three.)

A. Number of date fields required

What are the characteristics of a company in SAP S/4HANA? (Choose two.)

C. It can be assigned to a company code.

D. It is considered for consolidation

A. It is responsible for costs and revenues within an organization.

B. It represents separate areas of operation within an organization.

You need to post customer invoices via interface from a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system. How do you define the document number range?

A. You must use external number assignment.

B. You can use internal or external number assignment.

C. You must use internal number assignment.

D. You can use internal or external number assignment, but it has to be continuous.

What do you need to do to configure a new exchange rate type in SAP S/4HANA? (Choose two.)

B. Set up the relationship between currencies using translation ratios.

D. Specify a purpose for the exchange rate type.

A. Maintain exchange rates daily.

C. Specify the company code currency as the base currency.

You want to edit a dunning proposal. Which actions can you perform? (Choose three.)

C. Lower the dunning level of an item.

E. Raise the dunning level of an account.

What does the document splitting functionality do?

B. It enriches all relevant balance sheet account lines with the defined splitting characteristics.

A. It enriches all customer and vendor line items with the defined splitting characteristics in the relevant subledgers.

C. It enables the automatic creation of additional posting documents for each defined splitting characteristic.

D. It enables the automatic creation of an additional posting document in case the original document contains more than 999 line items

How do you identify an asset master record as an asset under construction?

C. The asset belongs to a specific asset class.

A. The asset capitalization date is empty.

B. The ordinary depreciation start date is empty.

D. The depreciation key is empty

What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? (Choose two.)

A. You want to deploy SAP S/4HANA Cloud.

B. You want to clean up your system and use SAP Best Practices.

C. You want to integrate the system into SAP Cloud Platform.

D. You want to use document splitting for the General Ledger.

Which of the following statements best describes how customer down payments are integrated with Sales & Distribution (SD)?

D. A down payment request is created as an SD billing document, which is automatically posted in FI as a noted item.

A. A down payment request is created as an FI noted item, which automatically generates an SD billing document.

B. A down payment request is created as an FI noted item, which automatically generates an SD sales order.

C. A down payment request is created as an SD sales order, which is automatically posted in FI as a noted item.

Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting line? (Choose two.)

A. BAdI implementation (FAGL_DERIVE_SEGMENT)

C. Standard account assignment using constants

B. Assignment of default segments to G/L accounts

D. Definition of validation rules

You are asked to explain how assets under construction work in SAP S/4HANA. What should you highlight? (Choose two.)

C. It is possible to post credit memos, even after assets under construction are fully capitalized.

D. It is possible to post special tax depreciation and investment support for assets under construction.

A. It is impossible to use assets under construction with Investment Management.

B. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.

You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA. What are the year-end closing program checks for Asset Accounting? (Choose two.)

B. Asset master data is complete and without errors.

D. Depreciation is posted in full for all assets.

A. Posting periods are closed for asset G/L accounts.

C. The fixed asset fiscal year change is complete.

You are configuring asset-related postings of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation. Which of the following settings would lead to an error?

C. Area posts APC immediately, depreciation periodically

A. Area posts depreciation only

At what level is the bank master data stored in SAP S/4HANA?

D. At the financial management (FM) area level

When is it possible to set the open item management indicator in a general ledger account? (Choose two.)

C. When an account has a zero balance

D. When an account is set up as a balance sheet account

A. When an account is set up as a secondary cost element

B. When an account is set up as a reconciliation account

Which of the following steps do you typically perform during a payment run with theautomatic payment program? (Choose two.)

A. Maintain open item selection parameters.

C. Review the payment proposal exception list.

B. Rank bank accounts for payment.

D. Define maximum amounts to be paid per supplier.

Which steps are required to create a substitution in Financial Accounting? (Choose three.)

A. Define the substitution rule with its different steps using the formula editor.

D. Select the correct call-up point.

B. Assign the substitution rule to the controlling area.

C. Specify an authorization group.

You are getting ready to post your first simple general ledger document using the SAP Fiori app for posting in a test environment. What configuration items do you need to set up to post a simple document? (Choose two.)

A. Number range and document types must be maintained.

B. The posting period variant must be created and assigned.

C. Users must be assigned to a tolerance group.

D. Line item text templates must be maintained.

You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on classifications, useful life, and depreciation terms. What configuration step would you initiate to maintain these categories in SAP S/4HANA?

B. Define a depreciation area to transfer all the legacy data.

A. Configure depreciation keys and calculation keys.

C. Define asset classes and maintain their attributes.

D. Define depreciation areas for each category of legacy asset.

You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Which setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copied over when you create a new asset via copy?

C. Remove the reference indicator

A. Remove the subnumber indicator

B. Remove the main asset indicator

D. Remove the asset class indicator

After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?

D. 1. Store the data. 2. Present reconciled and non-reconciled data. 3. Communicate differences. 4. Post the correction documents.

A. 1. Post the correction documents. 2. Store the data. 3. Present reconciled and non-reconciled data. 4. Communicate differences.

B. 1. Store the data. 2. Present reconciled and non-reconciled data. 3. Post the correction documents. 4. Communicate differences.

C. 1. Present reconciled and non-reconciled data. 2. Post the correction documents. 3. Store the data. 4. Communicate differences.

What can you control with the reason code in Accounts Receivable? (Choose three.)

B. The exclusion of disputed residual items from credit limit checks

C. The account where a residual item is posted

D. The type of payment notice sent to a customer

A. The special G/L indicator for the down payment

E. The document type of the payment

For which account can you perform account clearing in SAP S/4HANA?

A. For any account that is managed on an open item basis

B. For any account that is assigned to a financial statement version

C. For any G/L account defined as reconciliation account

D. For any balance sheet account managed on a line item basis

Which statements best describe extension ledgers in SAP S/4HANA? (Choose two.)

C. Extension ledgers can be assigned their own posting period variant.

D. Multiple extension ledgers can point to the same underlying ledger.

A. Extension ledgers can have different currencies than the underlying ledger.

B. Extension ledgers can be assigned their own fiscal year variant.

Which business partner characteristic is mapped to the customer and supplier account groups?

C. Business partner account group

You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed. What account does the system use to post the valuation differences?

B. Adjustment G/L account for foreign currency

A. Alternative reconciliation G/L account

C. Individual supplier accounts with special G/L indicator

D. Supplier reconciliation G/L account

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MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a technical year-end closing activity in SAP S/4HANA?

A. Ledger balances must be carried forward.

B. Foreign currency valuation must be posted.

C. Balance sheet adjustments must be posted.

D. Accruals must be posted.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which elements define the integration of asset acquisitions with the general ledger? (Choose two.)

A. Asset class

B. Depreciation keys

C. Valuation area

D. Depreciation area

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR. Which currencies can you post to this account?

A. You can post to the account in any currency and it will be converted into CAD.

B. You can only post to the account in CAD and USD.

C. You can only post to the account in CAD, USD, and EUR.

D. You can only post to the account in CAD.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

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

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

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

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

MULTIPLE SELECT QUESTION

30 sec • 1 pt

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

A. Substitution values

B. Prerequisite statement

C. Callup point

D. Check statement

MULTIPLE SELECT QUESTION

30 sec • 1 pt

You are responsible for configuring document splitting. What are some of the key settings? (Choose two.)

A. Field status variant

B. Document number range

C. Business transaction variant

D. Document type

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which date is used to determine the depreciation start date?

A. Posting date

B. Baseline date

C. Document date

D. Asset value date

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Exam Preparation

Which of the following is a technical year-end closing activity in SAP S/4HANA?

Which elements define the integration of asset acquisitions with the general ledger? (Choose two.)

A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR. Which currencies can you post to this account?

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

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

You are responsible for configuring document splitting. What are some of the key settings? (Choose two.)

Which date is used to determine the depreciation start date?

In customizing, at which levels can you assign the print program to the correspondence type? (Choose two.)

What does the document type control? (Choose two.)

Which statements best describe a profit center? (Choose two.)

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