What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.
Dunning block Dunning area Dunning procedure Dunning key Dunning interval.
You configured Asset Accounting for your company code with three depreciation areas that post in real time and corresponding depreciation areas to track group currency values.
When you post an external acquisition, how many documents are created?
Please choose the correct answer.
4 6 3 1.
You want to develop a substantial enhancement for the purchase-to-pay process in your SAP S/4HANA system. Where does SAP recommend you perform this enhancement?
Please choose the correct answer.
SAP Fiori SAP S/4HANA core SAP Leonardo SAP Cloud Platform.
Which tasks are stages of dunning execution?
There are 2 correct answers to this question.
Maintain the dunning parameters. Maintain the dunning levels. Schedule the dunning intervals. Schedule the dunning run.
Which edition of SAP S/4HANA introduced the universal journal?
Please choose the correct answer.
SAP Business Suite powered by SAP HANA SAP S/4HANA Cloud SAP S/4HANA Finance 1503 SAP S/4HANA 1511.
What is the purpose of the chart of depreciation?
Please choose the correct answer.
The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting. The chart of depreciation facilitates country-specific legal valuation of fixed assets. The chart of depreciation substitutes the operational chart of accounts in asset-related postings. The chart of depreciation defines the asset classes for which you can create fixed assets.
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?
Please choose the correct answer.
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 values can be posted to a specific ledger?
There are 3 correct answers to this question.
Currency valuation Payments Accruals Taxes Depreciation.
What data is migrated during a system conversion?
Please choose the correct answer.
All company codes with all data of all years. All company codes for the years you specity Only company codes and years selected in the customizing for migration Only company codes flagged as productive with all years.
What are the characteristics of a company in SAP S/4HANA?
There are 2 correct answers to this question.
It is responsible for costs and revenues within an organization. It represents separate areas of operation within an organization. It can be assigned to a company code. It is considered for consolidation.
When creating a general ledger account and there are conflicting field statuses, which field status has the highest priority?
Please choose the correct answer.
Suppress Display Optional Required.
You are a group cash manager interested in the North American business market. What are the personalization options available to you in SAP Fiori?
There are 2 correct answers to this question.
You can create access to relevant apps for the North American accounts payable group that reports to you. You can create an app to take you directly to the cash position of the North American business market. You can adapt the Iaunchpad color theme according to predefined values for the cash report. You can create a tile group with all the apps required for your daily business for easy access.
A maximum of how many special/valuation periods can be open at the same time?
Please choose the correct answer.
1 16 4 2.
Which of the following standard currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.
Transaction Currency Local Currency Group Currency Material Ledger Currency.
Which objects can define the maximum length of a general ledger account?
There are 2 correct answers to this question.
Account type Account group Chart of accounts Field status group.
Which sequence of steps allows a three-way match in procurement transactions?
Please choose the correct answer.
Purchase requisition, goods receipt, invoice receipt Purchase order, purchase requisition, invoice receipt Purchase order, invoice receipt, goods receipt Purchase requisition, purchase order, goods receipt.
You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this?
Please choose the correct answer.
Your own financial statement version Your own application catalog Your own application tile Your own application group.
On which levels do you maintain data for an integrated customer account?
There are 3 correct answers to this question.
Sales area Profitability segment Company code General data at the client level Purchasing organization.
At which level do you assign the print program to the correspondence type?
Please choose the correct answer.
At system level At client level only At company code level only At client or company code level.
What do you define when you create a new document type?
There are 2 correct answers to this question.
Reasons for reversal Number range for the document type Posting keys for the document type Account types allowed for posting.
What settings can you define specifically for an asset class?
There are 3 correct answers to this question.
Maximum amount for low-value assets Default transaction type for asset posting Asset under construction category Account determination key Synchronization rules for asset and equipment.
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?
There are 2 correct answers to this question.
Asset class Depreciation area Financial statement version Account determination key.
What kind of automated checks are available for the financial statement version?
There are 2 correct answers to this question.
Check for duplicate item keys Check for incorrectly assigned accounts Check the financial statement notes for non-noted item accounts Check for accounts assigned to one side only.
Which of the following are SAP Fiori design principles?
There are 2 correct answers to this question.
Routine Role-based Rational Responsive.
Which of the following control data is carried by asset classes?
There are 3 correct answers to this question.
Account determination Number range interval Insurance type Screen layout.
Which of the following components make up an archiving object?
There are 3 correct answers to this question.
Customizing settings Data declaration part Variables Programs.
On what level can you assign a fiscal year variant to a company code?
Please choose the correct answer.
Depreciation area Valuation area Ledger Accounting principle.
Your customer operates 20 company codes in 10 different countries and three continents. What is the minimum number of clients you must configure in the SAP S/4HANA system to depict this scenario?
Please choose the correct answer.
1 20 10 3.
When assigning dunning charges to a dunning procedure, what options do you have?
There are 2 correct answers to this question.
To assign a dunning charge percentage without assigning a fixed amount. To assign a fixed amount without assigning a dunning charge percentage. To assign a fixed amount and a percentage. The system posts the smaller of the two amounts. To assign a fixed amount with assigning a dunning charge percentage.
Your SAP S/4HANA system is integrated with controlling. You perform cost of sales accounting, and you report your profit and loss per profit center.
When posting a supplier invoice to a primary cost account, which field is mandatory by standard procedures?
Please choose the correct answer.
Segment Cost Center Functional Area Business Area.
For which of the following tasks must you always indicate manual task completion?
Please choose the correct answer.
Flow definitions Notes Transactions Programs.
Identify the callup points that have been provided for Financial Accounting (FI).
There are 3 correct answers to this question.
Document header Document line Complete Document Controlling area Organizational unit.
Identify the steps performed during the general ledger closing operations for the fiscal year.
There are 3 correct answers to this question.
Foreign currency documents are valuated. Accruals are carried out. Vendor invoices are posted. The balance carry forward program is run.
What are the steps in the Customizing of data archiving?
There are 3 correct answers to this question.
Activate data aging objects. Perform object-specific Customizing. Define table partitions. Define archiving storage locations. Perform cross-object Customizing.
Financial statement versions consist of a maximum of 10 hierarchy levels. Determine whether this statement is true or false.
Please choose the correct answer.
True False.
You’ve agreed to terms of payment with a business partner that is a customer and a supplier. The same terms are to be used both ways (incoming and outgoing).
You’ve defined a new terms of payment key, but when trying to update the supplier business partner role, you don’t find the payment term available to select.
What must you do?
Please choose the correct answer.
Enter the payment term manually during invoicing. Maintain the account type in the terms of payment. Create a new payment term for the supplier business partner role. Change the field status of the business partner role to make the payment terms an optional field.
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management?
Please choose the correct answer.
Invoice receipt Creation of purchase order Goods receipt.
Which field can you change on a posted invoice?
Please choose the correct answer.
Tax code Payment terms Cost center Special G/L indicator.
True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter of required scope.
Please choose the correct answer.
False True.
What is the secondary cost general ledger account type used for?
Please choose the correct answer.
To post internal cost allocations in management accounting To post cost Controlling account assignments statistically for fixed asset and material accounts To post activities that aren’t from the main businesses of the company To post to two cost controlling account assignments at the same time.
Which of the following statements are correct?
There are 2 correct answers to this question.
A task can be assigned only one possible processor. The same workflow variant can be assigned to several company codes. It is possible to design multilevel workflow sequences. A company code can be assigned several workflow variants.
What items are NOT cleared by the automatic clearing program?
There are 3 correct answers to this question.
Items with withholding tax Statistical postings Noted items Items with value added tax Items with sales and use tax.
Which items can you clear with the automatic clearing program?
Please choose the correct answer.
Statistical postings Noted items Bank transaction items Items with withholding tax entries.
What are some of the personalization options available to users in their SAP Fiori launchpad environment?
There are 3 correct answers to this question.
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. Users can add applications from the catalog assigned to them. Users can add applications for filtered report results.
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?
There are 2 correct answers to this question.
Line item text templates must be maintained. Tax types and tax codes must be maintained. Number range and document types must be maintained. Posting period variant must be created and assigned.
What are the reasons to perform regrouping of receivables and payables?
There are 3 correct answers to this question.
To prioritize balance confirmation printing by postal code To simplify and speed up dunning selection processing To display receivables and payables separately To align amounts on accounts with changed reconciliation accounts To group payables and receivables based on the due dates.
A user wants to add an application to his SAP Fiori home page but can’t find it in the App Finder. What does the admin have to do?
Please choose the correct answer.
Assign the corresponding SAP Fiori tile catalog to the user. Add the tile to a tile group already assigned to the user. Assign the corresponding SAP Fiori tile group to the user. Add the corresponding tile catalog to the tile group.
Which statements best describe a chart of depreciation?
There are 2 correct answers to this question.
A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation. A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is. A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas. A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.
Which field cannot be changed during document posting for the one-time customer?
Please choose the correct answer.
Customer Number Customer Industry Customer Country Customer Name.
What can you achieve by using the head office/branch scenario?
Please choose the correct answer.
Postings made to the head office also can be paid to the branch account. Invoices posted to the branch become open items for the head office. Settings changed for the head office master record will be transferred to the branch account. Correspondence and dunning letters are printed and sent to both the branch and the head office.
How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?
Please choose the correct answer.
3 26 2 12.
When making a partial sale, how can you choose to calculate the amount of value reduction for the asset?
There are 3 correct answers to this question.
By retirement amount By percentage By quantity By profit (or loss) By posted depreciation.
A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this?
There are 2 correct answers to this question.
Define the G/L account as an asset reconciliation account Select the Record Account Assignment indicator. Enter value 90 in the cost element category field. Set the G/L account type to Non-operating Expenses or income.
Which General Ledger account type do you select to perform activity cost allocations?
Please choose the correct answer.
Balance sheet Non-operating expense or income Secondary costs Primary costs or revenue.
Which parameter indicates that a line item can only be dunned with restrictions?
Please choose the correct answer.
Dunning key Dunning area Dunning grouping Dunning block reason.
Which ledger-specific configuration can you maintain at company code level?
There are 2 correct answers to this question.
Fiscal year variant Financial statement version Field status variant Posting period variant.
True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it.
Please choose the correct answer.
True False.
Identify the application areas where validations and substitutions can be used.
There are 3 correct answers to this question.
FI – Financial Accounting AA – Asset Accounting CO – Cost Accounting SD – Sales and Distribution.
Which activities can you perform with a recurring journal entry?
There are 2 correct answers to this question.
Create monthly postings on any date of a month. Obtain an overview of related future postings. Set rules to distribute amounts to be posted. Determine the number of postings.
Identify the three types of tolerances in accounting.
There are 3 correct answers to this question.
G/L account tolerance groups Employee tolerance groups Special account tolerance groups Customer/vendor tolerance groups.
What are the pillars of the SAP Fiori user experience paradigm?
There are 3 correct answers to this question.
Vibrant Responsive Simple User-based Role-based.
Which is the most flexible SAP S/4HANA Cloud solution for customers?
Please choose the correct answer.
Public option Community option Hybrid option Private option.
What data do you maintain in the chart of accounts sections of a General Ledger account?
Please choose the correct answer.
Reconciliation data User data Consolidation data Authorization data.
Which of the following fields can be changed in the document header?
There are 2 correct answers to this question.
Currency exchange rate Document date Reference number Document header text.
What information is updated on the invoice when you post a complete payment?
There are 2 correct answers to this question.
Clearing date Clearing bank Clearing document number Clearing reason code.
True or False: The only version of the public cloud edition of SAP S/4HANA a customer can be on is the latest released version.
Please choose the correct answer.
False True.
How many cash discount periods can be entered in the terms of payment?
Please choose the correct answer.
5 3 2 8.
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 interval 2 An authorization group to period intervals 2 and 3 An authorization group to period intervals 1 and 2 An authorization group to period interval 1.
Which of the following statements best describe a noted item?
There are 2 correct answers to this question.
It updates the subledger and the general ledger. 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.
On which level is the document parking workflow variant assigned?
Please choose the correct answer.
Profit center Business partner Company code Company.
You need to use foreign currency valuation in the ledger solution. Which objects must you define in Customizing?
There are 3 correct answers to this question.
Value adjustment keys Simulation extension ledger Account determinations Valuation areas Accounting principles.
Identify the fields that cannot be changed while changing parked documents.
There are 3 correct answers to this question.
Company code Account assignment objects Currency Document type or document number.
Delta postings can execute revaluation. Determine whether this statement is true or false.
Please choose the correct answer.
False True.
For which kind of asset is the asset main text always prefilled?
Please choose the correct answer.
Group assets Asset super numbers Asset subnumbers Mass-created assets.
On which levels can you activate document splitting?
There are 2 correct answers to this question.
Client Document type level Ledger level Company code level.
Which process is automated with purchase order accruals, compared to manual accruals with the accrual engine?
Please choose the correct answer.
Breakdown accrual amount Start accrual run Create accrual object Create opening posting.
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