In which object do you define which SAP Fiori apps a user can use?
Please choose the correct answer.
Fiori tile catalog Fiori tile group Fiori app library Fiori default values.
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.
Select the Record Account Assignment indicator. Set the G/L account type to Non-operating Expenses or income Enter value 90 in the cost element category field. Define the G/L account as an asset reconciliation account.
Which deployment options exist for SAP S4HANA?
There are 3 correct answers to this question.
Agile deployment Central hub deployment Hybrid deployment Cloud deployment On-premise deployment.
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.
Country key Account or transaction key Sequence of steps Condition type Tax code.
What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.
Dunning block Dunning interval Dunning procedure Dunning key Dunning area.
Which of the following options can you use to change the G/L account master data using collective processing?
There are 3 correct answers to this question.
Change account descriptions Change company code data Change client level data Change chart of accounts data.
Identify the three types of tolerances in accounting.
There are 3 correct answers to this question.
Employee tolerance groups G/L account tolerance groups Special account tolerance groups Customer/vendor tolerance groups.
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 tile Your own application catalog Your own application group.
Which of the following retirement types is referred to as scrapping?
Please choose the correct answer.
Complete integrated asset retirement Partial retirement without revenue and without customer Unplanned depreciation of remaining value Complete retirement with revenue but without customer.
On what basis does the system determine the period for the asset retirement?
Please choose the correct answer.
Asset value date (asset retirement date) Net book value.
How do you configure depreciation areas in SAP S/4HANA?
There are 2 correct answers to this question.
Ensure each accounting principle is assigned to a depreciation area. Assign depreciation area 01 to the leading ledger. Ensure depreciation areas always post to the general ledger. Assign a ledger group to each depreciation area.
Which business partner categories does the system support?
There are 3 correct answers to this question.
Group Organization Public sector Person Agency.
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.
10 3 1 20.
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 internal number ranges with the same range and assign one each to the relevant document types. Enter the same document number range in the customizing definition of both document types. Create two external number ranges with the same range and assign one to each of the relevant document types. Create a substitution rule that updates the document number based on the range you assign in the rule definition.
You create a new G/L account. Which G/L account type can you assign?
There are 2 correct answers to this question.
Internal Activity Costs Assessment Costs Secondary Costs Primary Costs or Revenue.
When you post a payment for an invoice, how does the system derive the splitting characteristics?
Please choose the correct answer.
Inheritance Active document splitting Passive document splitting Default assignment.
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.
Please choose the correct answer.
False True.
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.
To which object do you assign valuation methods?
Please choose the correct answer.
Accounting principle Valuation area Valuation procedure Account assignment.
Which statement best describes the normal reversals functionality?
Please choose the correct answer.
Executes a transfer posting by resetting the transaction figures. Executes an inverse posting by increasing the transaction figures. Executes the inverse posting of a cleared document before resetting it. Executes an inverse posting by resetting the transaction figures.
For which type of account is the line item display generally active?
Please choose the correct answer.
Vendor account Reconciliation account Customer account Special general ledger account.
What are the two phases of AuC that are relevant to Asset Accounting?
There are 2 correct answers to this question.
Accounting phase Useful life phase Under-construction phase Assets transfer phase.
Identify the reasons for archiving data.
There are 3 correct answers to this question.
Lowering the effort involved in database administration. Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups. Using data as a backup. Improving response times and ensuring good response times.
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?
Please choose the correct answer.
3 4 1 2.
What data do you maintain in the chart of accounts sections of a General Ledger account?
Please choose the correct answer.
User data Authorization data Reconciliation data Consolidation data.
You've negotiated payment terms that include three installment payments with your customer. How many terms of payment must you define?
Please choose the correct answer.
1 4 3 2.
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.
Tax types and tax codes must be maintained. Line item text templates must be maintained. Number range and document types must be maintained. Posting period variant must be created and assigned.
Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization?
Please choose the correct answer.
Account level Company code Organization level Client level.
Which of the following standard correspondence types can you use to exchange information with customers and suppliers?
There are 2 correct answers to this question.
Payment notices Bill of exchange charges statements Dunning letters Invoices.
Which of the following lists support the dunning clerk’s work?
There are 3 correct answers to this question.
The dunning history list The blocked accounts list The list of vendor balances in local currency The dunning list.
Your customer doesn't want to implement profitability analysis, not even account-based, because the company doesn't understand its value. Which argument would you use to persuade the customer?
Please choose the correct answer.
Down payment integration can be performed with sales and distribution. Sales orders can be forecasted as liquidity items in cash flow reports. Balance sheets can be analyzed by sales-specific characteristics. Profit and loss statements can be analyzed by sales-specific characteristics.
Financial statement versions consist of a maximum of 10 hierarchy levels. Determine whether this statement is true or false.
Please choose the correct answer.
False True.
You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for an 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?
Please choose the correct answer.
Area Posts APC Immediately, Depreciation Periodically Area Posts Depreciation Only Area Posts in Real Time Area Does Not Post.
In the payment method settings for the company code, what options do you have for payment optimization?
There are 2 correct answers to this question.
Optimization by due date Optimization by postal code Optimization by bank group Optimization by discount.
You have an invoice for transport expenses for your assets under construction. These expenses can be capitalized per IFRS but not in the local GAAP. What is the best way to handle this?
Please choose the correct answer.
Post the invoice to a clearing account and clear it per ledger group (capitalize for IFRS, expense for local GAAP). Post the invoice to the assets under construction and manage settlement per depreciation area. Post the invoice twice: once as an expense to the local ledger group and once more to IFRS. Post the invoice to assets under construction, and, after settlement, post a partial scrapping for the local depreciation area.
Which of the following currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.
Group currency Transaction currency Material ledger currency Local currency.
Which SAP technological product provides the platform required for SAP to support the digital transformation of an organization?
Please choose the correct answer.
SAP NetWeaver SAP CRM SAP Fiori SAP HANA.
Which of the following steps are parts of the process of configuring the payment program?
There are 3 correct answers to this question.
Configure the G/L account field status for document entry Configure the payment methods for each company code Configure the paying company codes Configure the house banks.
You are responsible for configuring document splitting. What are some of the key settings?
There are 2 correct answers to this question.
Business transaction variant Document type Document number range Field status variant.
When should fiscal year close for asset accounting be carried out?
Please choose the correct answer.
Directly before balance carryforward When the last nonspecial period of the previous year is closed Directly after balance carryforward When the previous fiscal year is closed.
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.
Business Area Functional Area Cost Center Segment.
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.
You want to make the Reference Document Number field required for entry. Which object controls this setting?
Please choose the correct answer.
Document reference key Document field status Document type Document posting key.
Which of the following original Management Accounting objects can you assign in the asset master record?
There are 3 correct answers to this question.
Activity type Cost center Cost element Order.
Which of the following activities does the system perform during the payment run?
There are 3 correct answers to this question.
The system makes postings to the G/L and AP/AR subledgers. The system clears open items. The system supplies the print programs with necessary data. The system exports a list of documents to be paid.
You define custom currency type Z1 for your company code. Which currency types must be stored in the Data Entry view?
There are 2 correct answers to this question.
Custom currency type Z1 Object currency Document currency Company code currency.
What technology did SAP leverage to eliminate aggregate tables from the SAP S/4HANA system while maintaining compatibility with many legacy programs?
Please choose the correct answer.
Columnar store Compatibility views Indices Data aging.
What are some of the benefits of SAP S/4HANA?
There are 2 correct answers to this question.
The data is summarized into higher levels of aggregates to help system performance. 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 available in real time at line item detail.
On what level do you assign dunning areas?
Please choose the correct answer.
Company code Segment Functional area Client.
What is the format of a company code key?
Please choose the correct answer.
Six-digit alphanumeric Two-digit alphanumeric Eight-digit alphanumeric Four-digit alphanumeric.
Which objects can be posted to by more than one company code?
There are 3 correct answers to this question.
Segment Profit Center Sales organization Business area Cost center.
Identify the callup points that have been provided for Financial Accounting (FI).
There are 3 correct answers to this question.
Document line Complete Document Organizational unit Document header Controlling area.
Which of the following is the first step in the variant principle?
Please choose the correct answer.
Define variant Assign the variant to the objects Determine values for the variant Create multiple variants.
Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects?
Please choose the correct answer.
Configuration Fact sheet Transactional Analytical.
Which of the following is a difference between data aging and data archiving?
Please choose the correct answer.
Data aging frees up memory space. Data aging allows you to retrieve the aged data for analysis. Data archiving removes data from the database. Data archiving has advanced logging capabilities.
On which levels can you maintain useful life for documents of a company code in the context of data aging?
There are 2 correct answers to this question.
Profit center Document type Number range interval Account type.
In which step of the SAP Financial Closing Cockpit configuration do you define parameters settings for variables of program variants?
Please choose the correct answer.
Dependency definition Task list release Task list creation Template creation .
Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line item basis?
There are 2 correct answers to this question.
Profit center Fixed asset Cost center Functional area.
The SAP HANA database relies on which of the following technologies for storing data?
There are 3 correct answers to this question.
Indexing Compression Columnar store Aggregation In-memory.
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?
Please choose the correct answer.
The account is created for all active company codes of the client. The account is assigned in the asset account determination for each valid depredation area. The account is a reconciliation balance sheet account for fixed assets. The account is a profit-and-loss account that must be open item managed.
At which point is the down payment request created in the integrated down payment process with purchasing?
Please choose the correct answer.
Purchase requisition Goods receipt Purchase order Invoice verification.
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 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. Users can remove devices that they do NOT use. Users can remove applications that they do NOT use.
What is the purpose of the chart of depreciation?
Please choose the correct answer.
The chart of depreciation defines the asset classes for which you can create fixed assets. The chart of depreciation facilitates country-specific legal valuation of fixed assets. The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting. The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
You have to map two accounting principles for accounting. Using the accounts approach to parallel valuation in SAP S/4HANA, which ledger must you use?
Please choose the correct answer.
No ledger Extension ledger Leading ledger Special purpose ledger.
Which of the following can you use for multiple programs with variants that are to be processed automatically?
Please choose the correct answer.
Online transactions Flow definition Remote tasks Task list template.
Which types of stock is best suited to a moving average price (MAP) valuation?
Please choose the correct answer.
Raw materials Work in process (WIP) Finished goods Third party.
What can you change for items that are in the exceptions list of the payment proposal?
There are 3 correct answers to this question.
Bank selection Payment block Payment method Reason code Payment term.
What options does a processor for a general journal entry submitted for verification have?
There are 3 correct answers to this question.
Park Delete Approve Submit Reject.
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 set up as a cost element When an account has a zero balance When an account is used as a reconciliation account When an account is required for clearing.
Two assets (belonging to the same company code) post depreciation to different general ledger accounts. What does this mean for the assets?
There are 2 correct answers to this question.
The assets belong to different asset classes. The assets are assigned to separate cost centers. The assets post acquisition and production costs values to separate accounts. The assets are assigned to separate account determinations.
What kind of customization can users do on their launchpad?
There are 2 correct answers to this question.
Create their own tile groups. Change the name of tile groups Change the icons on tiles. Change the names of tiles.
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 Opening Posting only Periodic only Closing Posting only.
True or False: In an environment of systems using SAP HANA, you can perform both OLAP and OLTP processing without duplication of the data for the SAP BW and SAP ERP systems.
Please choose the correct answer.
False True.
Which values can be posted to a specific ledger?
There are 3 correct answers to this question.
Accruals Payments Depreciation Currency valuation Taxes.
Which objects can define the maximum length of a general ledger account?
There are 2 correct answers to this question.
Chart of accounts Field status group Account group Account type.
At which levels can validations and substitutions for financial accounting be defined?
There are 3 correct answers to this question.
Universal Journal Complete document System data Line item Header.
Which of the following control data is carried by asset classes?
There are 3 correct answers to this question.
Screen layout Number range interval Account determination Insurance type.
How do you depreciation areas in SAP S/4HANA?
There are 2 correct answers to this question.
Ensure each accounting principle is assigned to a depreciation area. Assign depreciation area 01 to the leading ledger. Ensure depreciation areas always post to the general ledger. Assign a ledger group to each depreciation area.
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