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What are the business benefits of SAP S/4HANA Finance?. Reduced system complexity. Single source of truth on the line item level. Automatic update of custom applications to SAP HANA standards. Overall reporting across financial applications.

Which tables are replaced by compatibility views?. BSIS - Index for GL Account. FAGLFLEXT - New GL Account totals. BSEG - Line Item. ANLC - Fixed Assets totals.

What is the character length of the field for line item numbering in the Universal Journal table ACDOCA?. 3. 6. 10.

SAP S/4HANA can run on a SAP HANA database only. True. False.

Which of the following is a prerequisite for migrating to SAP S/4HANA Finance?. SAP ERP must be on the SAP HANA database. New G/L Accounting must be active. The year-end activities must be completed. The SAP migration service must be used.

The transaction OB52 shows three period intervals. Which interval checks exclusively the posting from Controlling (CO) to Financial Accounting (FI). 1. 2. 3.

How can you represent different accounting principles in SAP S/4HANA Finance?. Ledger approach. Accounts approach.

Which statements are true for an extension ledger?. Contains a full set of journal entries for all business transactions. Stores delta values and points to another ledger. Reporting on the extension ledger always includes the data of the underlying ledger. Multiple extension ledgers can point to the same underlying ledger.

Which level does the cost element category get maintained on?. Chart of account. Controlling area. Company code.

Which G/L account types are relevant for CO?. Non-operating expense or income. Primary costs or revenue. Secondary costs. Bank and Cash Accounts.

In which table does the information, derived from the document split, stand (requirement: the document split is active)?. BSEG. FAGLFLEXA. ACDOCA.

Which statements of the following statements about the integration of asset accounting tables in the universal journal are true?. No redundancy in data storage. Reconciliation between G/L and AA is necessary. No reconciliation step in financial close. Statistical items are updated as Universal Journal Entries. After migration, reporting for previous fiscal years is not possible. Planned depreciations and revaluations are now stored in ACDOCA.

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 ledger groups?. Operational part (technical clearing account against vendor invoice). Valuating part (asset against technical clearing account).

Which of the following reports are obsolete and deleted?. Periodic APC posting: RAPERBxxxx. Post depreciation: FAA_DEPRECIATION_POST. Reconciliation postings: RAABSTxxxx. Fiscal Year Change: RAJAWE00. Post depreciation: RAPOSTxxxx.

Using SAP Lumira, which of the following can you create?. Analytic Views. Datasets. Stories. Universes.

You want to provide your analysts with a tool for powerful visualizations and exploration. Which of the following would you recommend?. SAP BusinessObjects Web Intelligence. SAP Lumira. SAP Crystal Reports Enterprise.

SAP HANA is designed for supporting both Online transactional processing and Online analytic processing. True. False.

The on-premise edition of SAP S/4HANA can interface with SAP Business Networks even if these are cloud only products. True. False.

Improvements to finance with SAP S/4HANA concern core accounting functions alone currently. True. False.

An existing SAP ERP customer can upgrade their existing system to SAP S/4HANA only if they have already implemented new G/L accounting. True. False.

The universal journal replaces all financial line item tables, including BSEG, COEP, and all CO-PA tables. True. False.

Using physical totals tables to aggregate data gives the SAP S/4HANA ad advantage in speed and flexibility. True. False.

The extension ledger functionality allows to post into periods that have been closed in the underlying ledgers. True. False.

The global currency defined for the ledger, company code combination corresponds to the currency type of the Controlling Area. True. False.

In the SAP S/4HANA 1511 suite, the use of the Material Ledger is mandatory. True. False.

Each ledger assigned to a company code can have a different posting period variant. True. False.

An administrator can customize the default applications a user sees in his Launchpad with the Fiori Launchpad Designer. True. False.

A user that was responsible for creating Cost Elements in the SAP ERP environment will be able to create G/L accounts in SAP S/4HANA without changes to role authorizations. True. False.

How a business partner is used in accounting, is defined through the business partner role. True. False.

The full functionality of the Material Ledger has been implemented in the Universal Journal. True. False.

The standard granularity available in logistics for reporting purposes is the single lot. True. False.

It is recommended to use Accounting Based CO-PA by default in an SAP S/4HANA system. True. False.

Cost of Goods Sold are posted to accounting and costing based CO-PA during billing. True. False.

The splitting scheme for Cost of Goods Sold (COGS) is assigned to the Controlling Area directly. True. False.

When the goods from completion of production are transferred to stock, the production order is credited with the value of the delivered products according to the price in stock. True. False.

During the price variance split, unassigned cost elements are posted to the account to which you have assigned the Default checkbox. True. False.

Planning with BPC for S/4HANA requires data replication as the plan and actual data are stored in separate databases. True. False.

Central Finance projects have a fixed duration timeline of 3 months from the analysis phase to go-Live. True. False.

Cost Centers are replicated using the Cost Object Mapping Framework. True. False.

The Central Finance solution can be adopted by customers even when not all source systems are SAP systems. True. False.

Product Lifecycle Costing works when integrated with SAP systems only. True. False.

To work in a calculation version for a new product, you have to first maintain master data for all components. True. False.

Thanks to the compatibility views all custom code developed in a legacy system can continue to work in SAP S/4HANA. True. False.

Product Lifecycle Costing works with only on the SAP HANA platform. True. False.