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  5. SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Questions and Answers
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P_S4FIN_2020 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Questions and Answers

Questions 4

How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.

Options:

A.

You can assign each valuation to a separate ledger

B.

You can assign profit center, group and legal valuation to the same ledger

C.

You can assign additional valuation to special led er(FI-SL).

D.

You can assign additional valuation to the extension ledger

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Questions 5

Which of the following components are obsolete are require migration activities during a Statistical There are 3 correct answers to this question.

Options:

A.

Cash Management

B.

Special purpose ledger

C.

Accrual engine

D.

Classic credit management

E.

Costing based CO- PA

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Questions 6

You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to

take in the system?

There are 2 correct answers to this question

Options:

A.

Assign a segment to all G/L accounts

B.

Set the zero balance indicator

C.

Define a clearing account

D.

Define a PA transfer structure

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Questions 7

What system configuration in your customers current SAP ERP system will have a major effect on the duration and complexity of the system conversion to S/4HANA?

Options:

A.

The customers uses the accounts approach for parallel accounting.

B.

The system uses classic asset account to manage fixed assets

C.

The system has document splitting activated for all company codes

D.

The customer does NOT use business partners to manage customers and suppliers

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Questions 8

On which levels can you assign different technical clearing accounts for integrated acquisition in asset accounting. NOTE: There are 2 correct answers to this question

Options:

A.

Chart of accounts

B.

Transaction code

C.

Account determination

D.

Company code

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Questions 9

You notice alpha-numeric document numbers in the Universal journal that do not have a separate document header stored in the BKPF table. Which activities may lead to alpha- numeric document numbers? There are 2 correct answer to this question

Options:

A.

Settlement of investment orders

B.

balance carry forward

C.

Cross company code postings

D.

Corrections due to migrations

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Questions 10

In controlling, what is a mandatory customizing step when convening a system to SAP S/4HANA?

Options:

A.

Create document type for CO postings

B.

Define profit center hierarchy.

C.

Migrate the material ledger

D.

Activate account based CO-PA

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Questions 11

You create a G/L account and set the cost element category to 42 (assessment).In what table is the cost element category updated?

Options:

A.

CSKA: Cost Elements (Data Dependent on chart of Accounts)

B.

SKA1: G/L Account Plaster (Chart of Accounts)

C.

CSKB :Cost Elements (Data Dependent on Controlling Area)

D.

SKBI : G/L Account Plaster (Company Code)

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Questions 12

What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation?

Options:

A.

Business Reconciliation Report

B.

Reconcile GR/IR accounts

C.

Confirm Receipt of Goods

D.

Post Goods Receipt for inbound Delivery

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Exam Code: P_S4FIN_2020
Exam Name: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
Last Update: Feb 19, 2024
Questions: 80