Which objects can be posted to by more than one company code? There are 3 correct answers to this question. A. Useful life (year or period) B. Variable depreciation portion C. Depreciation start date D. Depreciation key.
You want to post journal entries in a special period. Which conditions must be met? There are 2 correct answers to this question A. You must enter a posting date in the last posting period. B. The balance carry-forward to the new fiscal year must have taken place. C. You must have specific authorization to post in special periods. D. The special period must be open for posting in the period control.
On which database is SAP S/4HANA built to run? A. Ona select list of SAP and third-party databases B. On all modem enterprise level databases C. On all databases that support columnar data storage D. Only on SAP HANA.
Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data? Choose the correct answers. A. For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface
B. For a very large quantity of legacy data, use the direct input procedure (program RAALTD11) C. For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT D. For a small quantity of legacy data, use AS100. E. For a large quantity of legacy data, use batch input procedure (program RAALTD01).
Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization? Choose the correct answer. A. Organization level B. Client level C. Company code
D. Account level.
What should you do to set up a new exchange rate type in SAP S / 4HANA? There are 2 correct answers to this question. A. Specify a purpose for the exchange rate. B. Specify the direct or indirect quotation. C. Set up the relationship between currencies using conversion rates. D. Maintain exchange rates daily.
Your customer wants the document numbers for two separate document types to share the same number range.
How can you achieve this? A. Define two valuation methods and assign the accounting principles to the new valuation methods. B. Define a valuation area and ledger group for two ledgers to link with the new valuation area. C. Define two valuation areas and two accounting principles with relevant links to ledgers. D. Define a valuation area and extension ledger to link with the new valuation area.
What do you define in Customizingfor the payment program? Note: There are 3 correct answers to this question. A. Allowed currencies B. Bank determination C. Payment run ID D. Exchange rate type E. Forms for the payment media.
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting? A. In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach B. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach C. In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach D. In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach.
Which of the following special G/L transactions are noted items? Note: There are 2 correct answers to this question. A. Down payment B. Bill of exchange payment request C. Guarantee of payment D. Down payment request.
Which prerequisites must be fulfilled to allow for negative postings of journal entries? There are 2 correct answers to this question A. The company code must allow negative postings. B. The posting key must allow negative postings. C. The reversal accounts must be configured to allow negative postings. D. The reversal reason must be configured to allow negative postings.
What fields of a financial accounting document influence the automatic payment program? There are 3 correct answers to this question. A. Payment term B. Payment block. C. Payment advice D. Payment type E. Payment method.
Which deployment options exist for SAP S4 HANA? Note: There are 3 correct answers to this question. A. On-premise deployment B. Cloud deployment C. Hybrid deployment D. Central hub deployment E. Agile deployment.
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. A. Control area B. Company C. Company code D. Segment.
Which of the following logistic processes are involved in asset acquisition with materials management (MM)?
Choose the correct answers. (3) A. Purchase order B. Inventory receipt C. Purchase requisition D. Goods receipt.
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. Noted items B. Customer account C. Special general ledger account D. Vendor account.
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA? A. SAP S/4HANA Cloud B. SAP S/4HANA with Central Finance C. SAP S/4HANA on-premise D. SAP S/4HANA Finance.
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. A. Depreciation is posted in full B. Assets are complete and error free. C. General ledger and subledgers are closed. D. Fixed asset fiscal year change is complete.
Which of the following steps do you typically perform when executing the payment run with the automatic payment program? Note: There are 2 correct answers to this question. A. Define maximum amounts to be paid by supplier. B. Maintain open item selection parameters C. Review the payment proposal exception list D. Rank bank accounts for payment.
Which activities are supported by the regrouping program of receivables and payable's ? Note: There are 2 correct answers to this question. A. Regrouping open items based on changed reconciliation accounts B. Regrouping receivables and payable's by their remaining life C. Regrouping of receivables and payable's to accrual earnings or expense D. Regrouping and clearing open items for affiliated companies on customers and vendors.
Which information is checked by the system beforea general ledger account k archived? A. The assigned group account is already archived. B. The Mark for Deletion indicator is set in master data C. The Blocked for Posting indicator is set in master data. D. The Open item Management indicator is set in master data.
How many cash discount periods can be entered in the terms of payment? Choose the correct answer. A. 8 B. 3 C. 5 D. 2.
You want to configure the tax calculation procedures. What are the main elements you need to define? There are 3 correct answersto this question A. Account or transaction key B. Tax code C. Condition Type D. Country key E. Sequence of steps.
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. A. Flow definitions B. Subfolders C. Task list template D. Programs.
In addition to the local and global currency in the universal journal, how many freely defined currencies can you assign per company code and ledger. A. 5 B. 8 C. 10 D. 3.
Which program is used to enter accruals and deferrals regularly? Choose the correct answer. A. Recurring entry program
B. Ledger grouping C. Compact document journal D. Devising program.
At what level is the bank master data stored in SAP S/4HANA? A. At client level B. At controlling area level C. At company code level D. At company level.
What are the pillars of the SAP Fiori user experience paradigm?
Note: There are 3 correct answers to this question. A. Responsive B. User-based C. Simple D. Role-based E. Vibrant.
Identify the fields that cannot be changed while changing parked documents. Choose the correct answers. (3) A. Company code B. Currency C. Document type or document number D. Account assignment objects.
What steps are required to create a substitution in financial accounting? There are 3 correct answers to this question A. Activate the substitution rule B. Assign the substitution rule to the controlling area C. Select the correct call point D. Define the substitution rule with its different steps using the formula editor E. Choose the area of application GL.
What type of architecture does SAP Business Workflow use? Choose the correct answer. A. Three-tier B. Single-tier C. Two-tier D. Four-tier.
You are configuring depreciation areas in Asset Accounting.
Which of the following settings is NOT permitted? A. Area posts in real time B. Area does not post C. Area posts revaluation only D. Area posts depreciation only.
Which tasks are stages of dunning execution? Note: There are 2 correct answers to this question. A. Maintain the dunning levels B. Schedule the dunning intervals. C. Schedule the dunning run.
D. Maintain the dunning parameters.
The usage of which of the following depreciation types can be activated per depreciation area?. There are 3 correct answers to this question. A. Ordinary depreciation B. Scheduled depreciation C. Special depreciation D. Unplanned depreciation.
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?
Note: There are 2 correct answers to this question. A. Posting period variant must be created and assigned B. Line item text templates must be maintained C. Number range and document types must be maintained D. Tax types and tax codes must be maintained.
Identify the criteria that usually differentiate between document change rules. Choose the correct answers. (2) A. Company code B. Asset class C. Open items D. Account type.
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. A. It is impossible to use assets under construction with Investment Management. B. It is possible to post special tax depreciation and investment support for assets under construction. C. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction. D. It is possible to post credit memos, even after assets under construction are fully capitalized.
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) A. Company code segment B. Purchasing organization segment C. Client level segment D. Sales area segment.
To reduce the load on the system, what should you do with the older documents that exist in the database?
Choose the correct answer. A. Archive and delete B. Backup and delete C. Extract and delete D. Delete.
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. A. 3 B. 1 C. 4 D. 5.
Which of the following are possible reasons that an invoice would not be paid? Choose the correct answers.
(3) A. The payment amount is less than the minimum amount specified for a payment. B. The invoice has a debit balance. C. The discount period has expired. D. An invalid house bank is selected.
Which of the following lists support the dunning clerk's work? Choose the correct answers. (3) A. The blocked accounts list B. The dunning history list C. The dunning list D. The list of vendor balances in local currency.
What sort of special general ledger types exist? Choose the correct answers (3) A. Other types B. Automatic offsetting entries (statistical) C. Free offsetting entries D. Final payments E. Noted items.
Which sequence of steps allows a three-way match in procurement transactions? Please choose the correct answer. A. Purchase requisition, purchase order, goods receipt B. Purchase order, invoice receipt, goods receipt C. Purchase order, purchase requisition, invoice receipt D. Purchase requisition, goods receipt, invoice receipt.
Which of the following statements are correct? Choose the correct answers. 2 A. The same workflow variant can be assigned to several company codes. B. It is possible to design multilevel workflow sequences. C. A task can be assigned only one possible processor. D. A company code can be assigned several workflow variants.
What field can you change on a posted invoice? A. Special G / L indicator B. Cost center C. Tax code D. Payment terms.
At which level do you assign the print program to the correspondence type? A. At company code level only B. At system level C. At client or company code level D. At client level only.
Your customer-performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing? There are 2 correct answers to this question. A. Post recurring entries for the general ledger. B. Perform foreign currency valuation for accounts payable C. Create the asset history sheet for asset accounting D. Process bad debt expenses for accounts receivable.
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? A. Define a valuation area and extension ledger to link with the new valuation area B. Define two valuation methods and assign the accounting principles to the new valuation methods C. Define two valuation areas and two accounting principles with relevant links to ledgers D. Define a valuation area and ledger group for two ledgers to link with the new valuation area.
Which of the following statements apply to the special general ledger types of noted items? Choose the correct answers. (3) A. No special general ledger indicators of your own can be created of this type.
C. No postings are made on an offsetting account. D. No zero-balance check is made in the system. E. Noted items are posted to an alternative reconciliation account. B. The account for the offsetting entry is selected automatically.
Which reporting tools are available with SAP S/4 HANA embedded analytics? A. SAP Analysis for Microsoft Office B. KPI modeling apps C. SAP Analytics Cloud D. Query Browser.
How can you perform transfers of assets between company codes with different charts of depreciation? Please choose the correct answer A. Assign the group chart of depreciation to the relevant fixed assets. B. Correct depreciation area assignment in the asset master record after posting. C. Configure the cross-company depreciation areas in customizing. D. Enter depreciation area mapping during intercompany transfer posting.
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 thisquestion. A. Add required authorizations for data aging to your role.
B. Activate data aging for your company code. C. Define the logical file path as a global path for data aging D. Switch on the data aging business function
E. Activate aging on SAP HANA.
Which is the first step in the procedure of making down payments in the customer area? Choose the correct answer. A. Down payment received B. Clearing C. Down payment request D. Customer invoice.
Which of the following steps are parts of the process of configuring the payment program? Choose the correct answers. A. Configure the paying company codes B. Configure the house banks C. Configure the payment methods for each company code D. Configure the G/L account field status for document entry.
Which of the following components make up an archiving object? Choose the correct answers. (3) A. Variables B. Programs C. Data declaration part D. Customizing settings.
What types of data are maintained for a house bank? Note: There are 2 correct answers to this question. A. payment signatories B. General Ledger account C. Overdraft limit D. Data medium exchange (DME) details.
You are responsible for implementing Asset Accounting. Youare 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. A. Copy the chart of depreciation and maintain depreciation areas. B. Configure depreciation keys and calculation keys. C. Define general ledger accounts per each category of legacy asset. D. Define asset classes and maintain their attributes.
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 A. Value date B. Goods receipt date C. Document date D. Posting date E. Entry Date.
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. A. Message B. Replacement C. Check D. Prerequisite.
What must you do to create new validations and substitutions? Note There are 2 correct answers to this question. A. Deactivate all former validations and substitutions B. Select the relevant call-up point
C. Choose the chart of accounts D. Define the area of application.
How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)? A. 3 B. 2 C. 16 D. 12.
Which of the following options are included in the Asset Explorer? Choose the correct answers. (3) A. Drill down to Financial Accounting (Fl) document. B. Drill down to reports. C. Post documents D. Display depreciation calculation.
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. A. Remove the asset class indicator in screen layout maintenance B. Remove the sub number indicator in screen layout maintenance C. Remove the reference indicator in screen layout maintenance D. Remove the main asset indicator in screen layout maintenance.
Which of the following options can you use to change the G/L account master data using collective processing? Choose the correct answers. (3) A. Change company code data B. Change account descriptions C. Change chart of accounts data D. Change client level data.
What are the maintenance levels of a screen layout rule for asset classes? Please choose the correct answer. A. Main asset number, sub number, depreciation area
B. Depreciation area, asset class, main asset number, sub number C. Asset class, main asset number, sub number D. Asset class, depreciation area, main asset number, group asset.
On which level are asset classes created? A. Client B. Company code C. Chart of depreciation D. Depreciation area.
What is the first step in the reconciliation process? Choose the correct answer. A. Present reconciled and non-reconciled data B. Collect data from different companies C. Communicate differences.
How does the system behave when an invoice is processed as a residual payment? A. The original document and payment are cleared. B. The payment difference is posted to a different account C. The payment difference is written off. D. All documents remain in the account as open items.
Which business partner characteristic is mapped to the customer and supplier account groups? Please choose the correct answer. A. Business partner grouping B. Business partner type C. Business partner category D. Business partner role.
Which functions allow you to temporarily save the entered data? Choose the correct answers. 2 A. Parking function B. Insert function C. Hold function D. Save function.
Which data model is used for SAP S/4HANA? A. Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables. B. Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP)for Cloud deployments. C. Online analytical processing (OLAP) that is based on aggregated tables and indexes. D. Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system.
What are the benefits of public cloud deployments of SAP S/4HANA? Note: There are 2 correct answers to this question A. IT cost savings B. One-time license investment C. Always up to date D. Increased customizing flexibility.
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. A. Sales cost accounting B. Header of the document C. Line of documents. D. Complete document.
What do you define when you create a new document type? Note: There are 2 correct answers to this question. A. Posting keys for the document type B. Number range for the document type C. Account types allowed for posting D. Reasons for reversal.
When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question. A. When an account is required for clearing B. When an account is used as a reconciliation account C. When an account has a zero balance D. When an account is set up as a cost element.
What is the recommended organizational unit for the cost of sales accounting? Please choose the correct answer A. Functional Area B. Sales Area C. Controlling area D. Business Area.
Which of the following objects are relevant to the dunning program configuration? Choose the correct answers. 3 A. Minimum amounts
B. Bank selection
C. Dunning levels
D. Expenses or charges.
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 A. Special G / L indicators B. Payjng company codes C. Payment terms
D. Bank determination.
What are some of the benefits of SAP S/4HANA? Note: There are 2correct answers to this question. A. The data is available in real time at line item detail B. The data is analyzed after it is extracted and loaded in the reporting system C. The data is aggregated on the fly from any line item table D. The data is summarized into higher levels of aggregates to help system performance.
What are some features of SAP HANA? Note: There are 2 correct answers to this question. A. SAP HANA is optimized to organize data using column stores. B. SAP HANA is built on a hierarchical data model architecture. C. SAP HANA allows transactional and analytical processing off the same tables. D. SAP HANA is optimized to work with aggregates and index tables.
On which organization unit level do you define a chart of depreciation? Please choose the answer: A. Company code B. Client C. Chart of accounts D. Asset class.
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? A. Entry view: 3 General Ledger view: 9
B. Entry view: 3 General Ledger view 7 C. Entry view: 5 General Ledger view 7 D. Entry view: 5 General Ledger view: 9.
Identify fields that cannot be changed while changing parked documents. Choose the correct answers (3) A. Document type or document number B. Company code C. Account assignment objects D. Currency.
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