WorksheetsSAP S4HANA for Financial Accounting
Total questions: 166
Worksheet time: 1hrs 24mins
Which of the following information is entered in the chart of accounts segment of a G/L account? Choose the correct answers. (3)
Consolidation fields
Account number
Control fields
Currency fields
If the deletion program is not executed automatically by the settings in Archiving object specific Customizing, the delete job is started every time an archive file is created. Determine whether this statement is true or false.
True
False
Which of the following are the different history sheet groups that each version of asset history sheets can contain? Choose the correct answers. 3
Book values at the end of the fiscal year
Imputed interest
Reposting
Acquisitions
What is the first step in the reconciliation process? Choose the correct answer.
Communicate differences
Collect data from different companies
Present reconciled and non-reconciled data
Which of the following tolerance groups should every company code always have? Choose the correct answer.
Named
Special
Defined
Blank
Which of the following activities does the system perform during the payment run? Choose the correct answers. ( 3 )
The system makes postings to the G/L and AP/AR subledgers.
The system exports a list of documents to be paid.
The system supplies the print programs with necessary data.
The system clears open items.
Which closing activities are used in external reporting as per SAP best practices?
Note: There are 2 correct answers to this question.
Reclassify receivables and payables
Update product cost estimates.
Execute the plan cost center assessment cycle.
Perform valuations of open items in foreign currency.
Which of the following types of tasks are available in the Financial Closing Cockpit application? Choose the correct answers.
Flow definition
Online transactions
Task list template
Remote tasks
In the SAP S/4HANA application, the payment program and dunning program can access noted items for further processing. Determine whether this statement is true or false.
False
True
What are some of the benefits of SAP S/4HANA?
Note: There are 2 correct answers to this question.
The data is available in real time at line item detail
The data is aggregated on the fly from any line item table
The data is analyzed after it is extracted and loaded in the reporting system
The data is summarized into higher levels of aggregates to help system performance
Which of the following procedures are available to check the balance of receivables and payables in balance confirmations? Choose the correct answers. 3
Balance confirmation
Balance request
Balance adjustment
Balance notification
Which prerequisites must be fulfilled before you can use negative postings? Note: There are 2 correct answers to this question.
The posting key must permit negative posting.
The reversal reason must allow negative postings.
The company code must permit negative postings.
The reversal reason must allow alternative posting dates.
In Asset Accounting, which object do you use to handle separate valuation for parallel accounting? Please choose the correct answer.
Chart of depreciation
Depreciation key
Valuation area
Depreciation area
Which program is used to enter accruals and deferrals regularly? Choose the correct answer.
Ledger grouping
Devising program
Recurring entry program
Compact document journal
Which sequence of steps allows a three-way match in procurement transactions? Please choose the correct answer.
Purchase order, purchase requisition, invoice receipt
Purchase order, invoice receipt, goods receipt
Purchase requisition, purchase order, goods receipt
Purchase requisition, goods receipt, invoice receipt
What is the purpose of the reorganization of segments?
Note: There are 2 correct answers to this question.
Enables merge of segments.
Enables segment derivation
Enables segment reassignments
Enables segment deletion
The usage of which of the following depreciation types can be activated per depreciationb area? Choose the correct answers. (3)
Special depreciation
Unplanned depreciation
Ordinary depreciation
Scheduled depreciation
What is the correct order of steps when you use the SAP I financial Closing Cockpit?
Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list
Create tasks 2. Define dependencies 3. Create template 4. Create task list 5 Release task list
Create template 2 Create tasks 3. Create task list 4. Define dependencies 5. Release task list
Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release task list
Which of the following are the steps of Intercompany reconciliation? Choose the correct answers. 3
Document selection and data storage
Automatic presentation of reconciled and non-reconciled data
Automatic assignment of documents
Manual reconciliation and communication
What sort of special general ledger types exist? Choose the correct answers. 2
Final payments
Other types
Automatic offsetting entries (statistical)
Free offsetting entries
Noted items
When you post a manual incoming payment, which parameters are valid for all payment documents? Note:
There are 2 correct answers to this question.
Bank account
Residual item
Journal entry type
Tolerance group
In a valuation method, which of the following is not a valuation approach for foreign currency valuation?
Choose the correct answer.
High rate of interest principle
Revalue only
Strict lowest value principle
Lowest value principle
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?
Note: There are 2 correct answers to this question.
General ledger and subledgers are closed.
Depreciation is posted in full
Fixed asset fiscal year change is complete.
Assets are complete and error free.
Your customer wants the document numbers for two separate document types to share the same number range.
How can you achieve this?
Please choose the correct answer.
Create two external number ranges with the same range and assign one to each of the relevant document types
Enter the same document number range in the customizing definition of both document types
Create two internal number ranges with the same range and assign one each to the relevant document types.
Create a substitution rule that updates the document number based on the range you assign in the rule definition.
Which reporting tools are available with SAP S/4 HANA embedded analytics? Note: There are 2 correct answers to this question
SAP Analytics Cloud
Query Browser
SAP Analysis for Microsoft Office
KPI modeling apps
Which of the following control data is carried by asset classes? Choose the correct answers. (3)
Screen layout
Account determination
Number range interval
Insurance type
27. During the archiving procedure, if the application generates a specific log. it is used; otherwise, you need to manually create a log. Determine whether this statement is true or false.
True
False
You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for leading valuation and depreciation area 32 is assigned to the non-leading ledger for parallel valuation. What posting option should you choose for depreciation area 32?
Area Posts APC Immediately, Depreciation Periodically
Area Posts Depreciation Only
Area Does Not Post
Area Posts in Real Time
If there is no entry or if a run time value is empty, the system uses a minimum run time of 999 days.
Determine whether this statement is true or false.
FALSE
TRUE
What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing?
Optional
Required
Display
Hide
What should you check if the balance of the GR/IR account is not zero at the purchase order item level on the balance sheet key date? Choose the correct answers. 2
Check to see if the goods were invoiced by the key date, but have not yet been delivered.
Check to see if the goods were produced by the key date, but have not been invoiced.
Check to see if the goods were delivered by the key date, but have not yet been invoiced.
Check to see if the goods were ordered by the key date, but have not been received.
Which activities are supported by the regrouping program of receivables and payable's ?
Regrouping and clearing open items for affiliated companies on customers and vendors
Regrouping of receivables and payable's to accrual earnings or expense
Regrouping receivables and payable's by their remaining life
Regrouping open items based on changed reconciliation accounts
To reduce the load on the system, what should you do with the older documents that exist in the database?
Choose the correct answer.
Archive and delete
Delete
Extract and delete
Backup and delete
Delta postings can execute revaluation. Determine whether this statement is true or false.
True
False
Which of the following statements are correct? Choose the correct answers. (2)
The same workflow variant can be assigned to several company codes.
A task can be assigned only one possible processor.
It is possible to design multilevel workflow sequences.
A company code can be assigned several workflow variants.
Identify the reasons for archiving data. Choose the correct answers. (3)
Improving response times and ensuring good response times.
Lowering the effort involved in database administration.
Using data as a backup.
Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups.
You need to enter a percentage rate in the terms of payment to calculate_ . Choose the correct answer.
Credit amount
Debit amount
Invoice discount
Cash discount
Identify some of the checks for archiving G/L accounts (master data). Choose the correct answers. (3)
Is the fiscal year closed?
Are there (still) transaction figures (for example, have they already been archived)?
Has a deletion indicator been set?
Are there (still) documents?
Which of the following components make up an archiving object? Choose the correct answers.
Programs
Variables
Data declaration part
Customizing settings
Identify fields that cannot be changed while changing parked documents. Choose the correct answers. 2
Document type or document number
Currency
Account assignment objects
Company code
For which of the following can you park documents? Choose the correct answers. (2)
General ledger accounts
Material accounts
Sales invoices
Customer accounts
In the integrated scenario for down payments, in what step of the process do you enter the down payment information?
Invoice verification
Down payment monitoring
Goods receipt creation
Purchase order creation
Identify the callup points that have been provided for Financial Accounting (F1). Choose the correct answers.
(2)
Organizational unit
Document line
Controlling area
Document header
Which of the following original Management Accounting objects can you assign in the asset master record?
Choose the correct answers. (3)
Activity type
Order
Cost element
Cost center
The deletion flag is one of the requirements that the system checks before archiving the master data.
True
False
On which organization unit level do you define a chart of depreciation? Please choose the answer:
Asset class
Company code
Chart of accounts
Client
You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.
True
False
Which SAP technological product provides the platform required for SAP to support the digital transformation of an organization?Please choose the correct answer.
SAP Net Weaver
SAP Fiori
SAP HANA
SAP CRM
Which of the following are the month-end closing activities for external purposes? Choose the correct answers. 3
Post goods issues for deliveries to customers
Close the old period
Create external and internal reports
Perform foreign currency valuations
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? Please choose the correct answer.
An authorization group to period intervals 2 and 3
An authorization group to period interval 2
An authorization group to period interval 1
An authorization group to period intervals 1 and 2
Identify some of the fields related to the depreciation area in the asset master record. Choose the correct answers. 3
Scrap value
Depreciation start
Asset description
Useful life
The SAP Business Workflow has_ process dimensions. Choose the correct answer.
Four
Five
Two
Three
You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request?
Note: There are 2 correct answers to this question.
Account group
Document type
Posting key
G/L account
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?
The account is a profit-and-loss account that must be open item managed.
The account is created for all active company codes of the client.
The account is a reconciliation balance sheet account for fixed assets.
The account is assigned in the asset account determination for each valid depredation area.
Which of the following are the characteristics included in general ledger drilldown reports? Choose the correct answers. 2
Total debit balance
Business area
Segment
Company code
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? There are 2 correct answers to this question.
Insert function
Hold function
Save function
Parking function
You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on category, life, and depreciation terms.
What configuration step would you initiate to maintain these categories in SAP S/4HANA?
Please choose the correct answer.
Define asset classes and maintain their attributes.
Configure depreciation keys and calculation keys.
Copy the chart of depreciation and maintain depreciation areas.
Define general ledger accounts per each category of legacy asset.
Which of the following can you use for multiple programs with variants that are to be processed automatically? Choose the correct answer.
Remote tasks
Flow definition
Task list template
Online transactions
What is the maximum dunning level that can be assigned to a dunning procedure? Choose the correct answer
1
7
9
11
What are the results when you post an outgoing partial payment? There are 2 correct answers to this question.
The initial invoice is cleared.
A payment block is set on the invoice.
A payment is created with reference to the invoice.
The initial invoice remains open.
There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence.
Change the dunning proposal.
Maintain the parameters.
Schedule the dunning run.
Start the dunning printout.
Which of the following parameters can be changed on a time-dependent basis? Choose the correct answers. (3)
Depreciation start date
Depreciation key
Variable depreciation portion
Useful life (year or period)
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? Choose the correct answer.
5
1
4
3
What checks does the year-end closing program (RAJABSOO) perform? Choose the correct answers. 2
Depreciation and asset balances are posted in full.
Last fiscal year has been updated.
Assets are complete and error-free.
Depreciation lists and the asset history sheet have been checked.
Where is the billing document created? Choose the correct answer.
Materials Management
Financial Accounting
Sales and Distribution
Accounting
You can compare text patterns in your statements using the keyword LIKE. Determine whether this statement is true or false.
False
True
How can you perform transfers of assets between company codes with different charts of depreciation? Please choose the correct answer.
Correct depreciation area assignment in the asset master record after posting.
Configure the cross-company depreciation areas in customizing.
Enter depreciation area mapping during intercompany transfer posting.
Assign the group chart of depreciation to the relevant fixed assets.
Identify the criteria that usually differentiate between document change rules. Choose the correct answers. (2)
Asset class
Account type
Company code
Open items
Which of the following options can you use to change the G/L account master data using collective processing? Choose the correct answers. (3)
Change chart of accounts data
Change client level data
Change company code data
Change account descriptions
Document splitting is active in your company code. The splitting characteristic is the profit center. All accounts are assigned. You post a vendor invoice with a single expense that are all assigned to different profit Centers. The expense is changed with 10% VAT. How many line items are created in the Entry view and how many are created in the General Ledger view?
Entry view: 5 General Ledger view: 9
Entry view: 3 General Ledger view: 9
Entry view: 5 General Ledger view 7
Entry view: 3 General Ledger view 7
For which of the following transactions can you use noted items? Choose the correct answer
Down payment request
Vendor payment
Late payment
Customer payment
Which functions allow you to temporarily save the entered data? Choose the correct answers. 2
Parking function
Insert function
Hold function
Save function
Which of the following methods does the depreciation key define? Choose the correct answers. (3)
Base method
Asset sheet valuation method
Period control method
Multilevel method
Which business partner characteristic is mapped to the customer and supplier account groups? Please choose the correct answer.
Business partner grouping
Business partner type
Business partner category
Business partner role
Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data? Choose the correct answers. (3)
For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT
For a small quantity of legacy data, use AS100.
For a very large quantity of legacy data, use the direct input procedure (program RAALTD11)
For a large quantity of legacy data, use batch input procedure (program RAALTD01)
For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface
Which of the following lists support the dunning clerk's work? Choose the correct answers. (3)
The dunning history list
The list of vendor balances in local currency
The blocked accounts list
The dunning list
Which of the following steps are parts of the process of configuring the payment program? Choose the correct answers. (3)
Configure the G/L account field status for document entry
Configure the paying company codes
Configure the payment methods per company code
Configure the house banks
In which of the following segments of a customer or vendor master record can you enter the terms of payment? Choose the correct answers. (3)
Company code segment
Sales area segment
Purchasing organization segment
Client level segment
Which of the following is an example of an automatic offsetting entry? Choose the correct answer
Posting of a guarantee of payment
Bank posting of a received down payment
Down payment request
SAP HANA makes extensive use of which high-speed hardware technology to offer more speed? Please choose the correct answer.
Graphic Processing Units (GPUs)
Solid-State Drives (SSDs)
Read-only memory
Multicore CPUs
Your customer wants the values for a special group of assets to be shown separately in the general ledger.
Which objects do you create in Customizing for Asset Accounting? Note: There are 2 correct answers to this question.
Asset class
Financial statement version
Account determination key
Depreciation area
Which of the following fields can be changed in the document header? Choose the correct answers. (2)
Document date
Reference number
Currency exchange rate
Document header text
Which is the first step in the procedure of making down payments in the customer area? Choose the correct answer
Customer invoice
Clearing
Down payment request
Down payment received
How does SAP S/4 HANA support the treatment of taxes? There are 3 correct answers to this question.
It performs tax adjustments for cash discounts and other forms of deductions.
It posts the tax amount to tax accounts.
It checks the tax amount entered and automatically calculates the tax.
It performs the adjustment to the tax codes and automatically updates the procedure.
It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities.
What are the features of the Accrual Engine in SAP S/4 HANA? There are 2 correct answers to this question.
All currencies of general ledger are supported.
Complex postings with more than two line items are NOT possible.
The Fl reversal is NOT supported.
The fiscal year variant of the general ledger is supported.
Identify the steps performed during the general ledger closing operations for the fiscal year. Choose the correct answers. 3
Vendor invoices are posted.
The balance carry forward program is run.
Foreign currency documents are valuated.
Accruals are carried out.
Which deployment options exist for SAP S4 HANA? Note: There are 3 correct answers to this question.
Agile deployment
Cloud deployment
Central hub deployment
On-premise deployment
Hybrid deployment
What do you configure to allow cross-company-code transactions? Note- There are 2 correct answers to this question.
Account types
Special G/L indicator
Posting keys
Clearing accounts
On what basis does the system determine the period for the asset retirement? Choose the correct answer.
Net book value
Asset value date (asset retirement date)
Where can an SAP Fiori end user change the theme of their launchpad? Please choose the correct answer.
In the Ul theme designer
In the Tile Group area of the launchpad designer
In the Me area of the launchpad
In the Tile Catalog area of the launchpad designer
Which information is checked by the system before a general ledger account k archived?
The assigned group account is already archived.
The Open item Management indicator is set in master data
The Mark for Deletion indicator is set in master data
The Blocked for Posting indicator is set in master data.
You want to post journal entries in a special period. Which conditions must be met? There are 2 correct answers to this question
The balance carry-forward to the new fiscal year must have taken place.
You must have specific authorization to post in special periods.
You must enter a posting date in the last posting period.
The special period must be open for posting in the period control.
Cleared items contain which of the following pieces of information? Choose the correct answers. (2)
Archival information
Clearing document number
Clearing date
Due date
Which of the following statements apply to the special general ledger types of noted items? Choose the correct answers. (3)
Noted items are posted to an alternative reconciliation account.
No special general ledger indicators of your own can be created of this type.
No postings are made on an offsetting account.
The account for the offsetting entry is selected automatically.
No zero-balance check is made in the system.
The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false.
True
False
How does the SAP HANA architecture improve SAP S/4HANA system performance? Please choose the correct answer
SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications.
SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime
SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed
SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code
What fields of a financial accounting document influence the automatic payment program? There are 3 correct answers to this question.
Payment method
Payment Type
Payment Block
Payment Advice
Payment Term
What is the purpose of period interval 3 when you define open and closed periods?
It is used for the authorization object for posting periods
It is used for posting from CO to Fl
It is used for period lock in special purpose ledger
It is used for special period posting
Which statement best describes the normal reversals functionality?
Executes the inverse posting of a cleared document before resetting it.
Executes an inverse posting by resetting the transaction figures.
Executes a transfer posting by resetting the transaction figures
Executes the inverse posting by increasing the transaction figures.
What does the year-end closing program in Asset Accounting do? Note: There are 3 correct answers to this question.
It posts all remaining depredation and imputed interest
It checks whether the depreciation is posted completely for the fiscal year.
It blocks all postings to Asset Accounting for the closed fiscal years.
It indicates if any of the created asset master records contain errors or are incomplete
It settles all assets under construction with values and maintained settlement rules
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?
In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach
In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach
In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach
In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach
Which prerequisites must be fulfilled to allow for negative postings of journal entries? There are 2 correct answers to this question
The reversal reason must be configured to allow negative postings.
The company code must allow negative postings
The posting key must allow negative postings.
The reversal accounts must be configured to allow negative postings.
You want to edit a dunning proposal. What actions can you perform to edit a dunning proposal? There are 3 correct answers to this question.
Change the dunning data of an account
Lower the dunning level of an item
Block an account
Block a line item.
In your system, you currently perform manual outgoing payments and want to use the automatic payment program. Which settings must you maintain as part of the configuration of the automatic payment program. NOTE: 2 answers to this question
Paying Company codes
Bank Determination
Special G/L Indicators
Payment Terms
How do you define depreciation areas in SAP S/4HANA? Note: There are 2 correct answers to this question.
Ensure depreciation areas always post to general ledger
Assign depreciation area 01 to the leading ledger
Ensure each accounting principle is assigned to a depreciation area
Assign a ledger group to each depreciation area
You want to configure the default baseline date for the payment terms of an incoming invoice. From which date can you derive the baseline date ? Note: 3 Answers
Value Date
Entry Date
Postin Date
Goods Receipt Date
Document Date
What field can you change on a posted invoice?
Tax code
Cost Center
Special G/L Indicator
Payment terms.
Which statements best describe extension ledgers in SAP S / 4HANA? There are 2 correct answers to this question.
Extension ledgers can be assigned their own posting period variant.
Multiple extension ledgers can point to the same underlying ledger.
Extension ledgers can be assigned their own fiscal year variant
Extension ledgers can have different currencies than the underlying ledger.
For which special G / L indicator is a special target G / L indicator specified? Please select the correct answer.
Vendor down payment request
Customer down payment
Bill of exchange
Guarantee given
On which levels can you maintain field status controls for business partners (BP)? Note: There are 3 correct answers to this question.
Company code
BP role
BP category
DB type
Client
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?
The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation
The balance of the new account is added to the non-assigned section and is included in
the calculation
The balance of the new account is added to the nonassigned section and is excluded from the calculation
The balance of the new account is added to the notes in the financial statement item section and is included in the calculation
In which step of the SAP Financial closing cockpit configuration do you define parameters settings for variables of program variants?
Template creation
Dependency definition
Task list release
Task list creation
What are the maintenance levels of a screen layout rule for asset classes? Please choose the correct answer.
Asset class, main asset number, sub number
Asset class, depreciation area, main asset number, group asset
Main asset number, sub number, depreciation area
Depreciation area, asset class, main asset number, sub number
What are some of the personalization options available to users in their SAP Fiori launchpad environment? Note: There are 3 correct answers to this question.
Users can add applications for filtered report results
Users can add applications from the catalog assigned to them
Users can remove devices that they do NOT use
Users can remove applications that they do NOT use
Users can add new devices from the catalog assigned to them
What is the recommended organizational unit for cost-of-sales accounting?
Functional area
Business area
Controlling area
Sales area
You are running an international business and want to set up separate legal entities to execute operations and perform accounting activities. What organizational unit do you need to create for each legal entity? Please select the correct answer.
Company
Control area
Segment
Company code
Which of the following statements are valid for financial document number ranges? There are 3 correct answers to this question.
The financial document number ranges are defined at the company code level.
The financial document number ranges must be defined for the year in which they are used
All financial document number ranges may contain numbers and / or letters.
The same financial document number range can be assigned to several types of documents
Financial document number ranges defined at the client level should NOT be superimposed
At what level is the bank master data stored in SAP S/4 HANA? Please choose the correct answer
At company code level
At controlling area level
At company level
At client level
Which parameter indicates that a line item can only be dunned with restrictions?
Dunning area
Dunning key
Dunning grouping
Dunning block reason
How do you identify an asset as an asset under construction?
The asset is assigned to NO depreciation area.
The ordinary depreciation start date is empty.
The asset capitalization date is empty
The asset belongs to a specific asset class
Which statements best describe a profit center? Note: There are 2 correct answers to this question.
It has to be used simultaneously with segments to create separate balance sheet and P&L statements.
It is the only object that can be uniformly derived using segments.
It is an element for which separate balance sheet and P&L statements can be created
It is the only object from which segments can be uniformly derived.
What is the purpose of the chart of depreciation?
The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
The chart of depreciation facilitates country specific legal valuation of fixed assets
The chart of depreciation defines the asset classes for which you can create fixed assets.
The chart of depreciation substitutes the operational chart of accounts in asset-related postings
What does the document splitting do?
It enriches all secondary cost element account lines with the defined splitting characteristics.
It enriches all revenue account lines with the defined splitting characteristics
It enriches all relevant balance sheet account lines with the defined splitting characteristics
It enriches all profit and loss account lines with the defined splitting characteristics
What dunning-related data do you maintain on the business partner master record? Note: There are 3 correct answers to this question.
Dunning Interval
Dunning key
Dunning procedure
Dunning block
Dunning area
On which level are asset classes created?
Chart of depreciation
Company code
Depreciation area
Client
When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question.
When an account is required for clearing
When an account is used as a reconciliation account
When an account is set up as a cost element
When an account has a zero balance
You want to configure the tax calculation procedures. What are the main elements you need to define? There are 3 correct answers to this question
Tax code
Account or transaction key
Condition type
Sequence of steps
Country key
Which of the following options are included in the Asset Explorer? Choose the correct answers. (3)
Display depreciation calculation.
Drill down to Financial Accounting (Fl) document.
Post documents
Drill down to reports
Which attributes should you consider when defining asset number ranges? Note: There are 2 correct answers to this question.
Each asset class can have either an internal or external number range
Asset number ranges are defined for asset classes and are company code specific
Each asset number range has to be assigned to a unique asset class.
Asset number ranges are defined at chart of depreciation level
In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle If you use the application to post integrated asset acquisitions, how many documents will the system post?
2
1
3
4
What information is provided when you execute the balance audit trail? Please choose the correct answer.
A list of changes of maintained sensitive fields in general ledger accounts
The starting balance and the yearly changes to the balance of a general ledger account
A comparison of general ledger account balances across ledgers
The open account balances for customer accounts and supplier accounts
You want to define a validation for the combination of ledger account and cost center. For what point of call is this validation defined? Please select the correct answer.
Sales cost accounting
Header of the document
Line of documents.
Complete document
Which of the following has to be created and assigned to an organizational structure before the Financial Closing Cockpit can be used? Choose the correct answer.
Task list template
Flow definitions
Programs
Subfolders
You have to run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles. How can you set this up in the system?
Define a valuation area and extension ledger to link with the new valuation area
Define two valuation methods and assign the accounting principles to the new valuation methods
Define a valuation area and ledger group for two ledgers to link with the new valuation area
Define two valuation areas and two accounting principles with relevant links to ledgers
What should you do to set up a new exchange rate type in SAP S / 4HANA? There are 2 correct answers to this question.
Specify the direct or indirect quotation
Specify a purpose for the exchange rate.
Set up the relationship between currencies using conversion rates
Maintain exchange rates daily
You want to create a substitution in Financial Accounting. Which parts do you have to define tor each step of the substitution? Note There are 2 correct answers to this question.
Prerequisite
Replacement
Message
Check
What are the characteristics of a company in SAP S/4HANA ? Note: 2 answers
It represents separate areas of operation within an organization
It can be assigned to a company code
It is considered for consolidation
It is responsible for costs and revenues within an organization
Down payments received reduce the total of which of the following entities? Choose the correct answer
Receivables
Bank balances
Payables
Inventory
Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question.
Number of date fields required
Document number required
Reason code required
Company code required
Account required
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight? There are 2 correct answers to this question.
It is impossible to use assets under construction with Investment Management.
It is possible to post credit memos, even after assets under construction are fully capitalized.
It is possible to post special tax depreciation and investment support for assets under construction.
It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
Your customer wants to use data aging for the universal journal. Which criteria can you use to decide which data is moved to the historical partition? Note: There are 2 correct answers to this question.
Company code
Ledger
Account type
Document type
Which of the following are valid settlement receivers when you liquidate an asset under construction on a starting basis? There are 2 correct answers to this question.
Functional Area
Profit center
Cost center
Fixed assets
Which of the following statements best describe a noted item? Note: There are 2 correct answers to this question
It updates de subledger and the GL
It can be accessed by the payment program
It can be used to remind the user about due payments
It has an automatic statistical offsetting entry
What type of architecture does SAP Business Workflow use? Choose the correct answer.
Two-tier
Four-tier
Single-tier
Three-tier
It is common for companies to receive invoices for the previous fiscal year at the beginning of the new fisca year. Which dates must have the same fiscal year in the document entry?
Posting date and entry date.
Document date and asset value date
Posting date and asset value date
Document date and posting date
You have been asked to set up house banks as part of the implementation. What information do you need? Note: There are 3 correct answers to this question.
Supplier account
Payment method
Company code
Bank master data
General ledger account
Which elements define the integration of asset acquisitions to the general ledger? Note: There are 2 correct answers to this question.
Depreciation area
Valuation area
Asset class
Depreciation keys
You are creating an asset master record by copying another asset and you noted that the inventory number is copied. What setting do you make to ensure that the inventory number is NOT copied when you create a new asset by copying? Please choose the correct answer
Remove the asset class indicator in screen layout maintenance
Remove the main asset indicator in screen layout maintenance
Remove the reference indicator in screen layout maintenance
Remove the subnumber indicator in screen layout maintenance
Which is the most flexible SAP S/4HANA Cloud solution for customers? Please choose the correct answer.
Community option
Private option
Hybrid option
Public option
Which standard currency types must be used when configuring the currency settings for company codes? Note: There are 2 correct answers to this question.
Document currency
Group currency
Company code currency
Controlling area currency
For which activities can you use an extension ledger? Note: There are 2 correct answers to this question
Configuration of custom fields for financial statements
Adjustments for consolidation purposes
Parallel valuation of depreciation areas
Simulation of foreign currency valuation
What items are NOT cleared by the automatic clearing program? Note: 3 Answers
Item with withholding tax
Statistical postings
Noted items
Items with sales and use tax
Items with value added tax
You are responsible for configuring document splitting. What are some of the key settings?
Business transaction variant
Field status variant
Document type
Document number range
Which data sections are part of every asset class? There are 2 correct answers to this question.
Account determination data section
Depreciation data section
Master data section
Valuation area data section
During which actions does the system assign the document number for Financial Accounting? There are 2 correct answers to this question.
Post
Simulate
Hold
Park
At which level do you assign the print program to the correspondence type?
At client or company code level
At company code level only
At client level only
At system level
You are a group cash manager interested in the North American business market. What are the personalization options available to you in SAP Fiori? Note: There are 2 correct answers to this question.
You can adapt the Iaunchpad color theme according to predefined values for the cash report.
You can create an application that takes you directly to the cash position of the North American business market.
You can create access to relevant applications for the North American accounts payable group that informs you.
You can create a group of mosaics with all the applications required for your daily business for easy access.
You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system How would you define the document number range?
You have to use external number assignment
You have to use internal number assignment
You can use internal, external or continuous number assignment
You have to use continuous number assignment
Your customer wants to start using SAP S/4HANA line-of-business solutions. Which of these solutions help you run human resource management processes? Note: There are 2 correct answers to this question
SAP Hybris
SAP Concur
SAP Fieldglass
SAP Success Factors
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L Which special G/Ltype do you recommend?
Noted items
Bill of exchange
Statistical postings
Free offsetting entries
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 in this account? Please choose the correct answer.
You can only post to the account in USD.
You can only post to the account in CAD and USD
You can only post to the account in CAD.
You can only post to the account in CAD, USD, and EUR.
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.
Switch on the data aging business function
Activate data aging for your company code
Activate aging on SAP HANA
Define the logical file path as a golbal path for data aging
Add required authorizations for data aging to your role.
You are configuring accrual types for the accrual engine. For which postings is account determination required? There are 2 correct answers to this question.
Opening and Closing
Posting only
Periodic only
Opening Posting only
Closing Posting only.
With the automatic clearing program, a user can clear open items for which of the following items? Choose the correct answers. (2)
General ledger
Currency
Subledger accounts
Special general ledger indicator
Identify the application areas where validations and substitutions can be used. Choose the correct answers. (2)
FI
SD
AA
CO
What do you define when configuring asset classes? Note: There are 3 correct answers to this question.
Account determination
Posting keys
Number ranges
Financial statement version
Screen layout rules
