Certificación FI-2 - Inglés

You are implementing the Cockpit for your organization. What are the advantages of defining task groups? - 2. It allows cross task list execution of tasks. It allows cross task list monitoring of task status. It allows cross template maintenance. It covers multiple companies with same or similar tasks.

How would you define Intercompany Matching and Reconciliation (ICMR)? - 2. It is a solution that facilitates transaction matching between systems in Central Finance. It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection. It is a solution embedded in the SAP S/4HANA core. It is a solution that can be integrated with Group Reporting.

How does the system determine the relevant accounting principle when performing foreign currency valuation?. Via the valuation type. Via the valuation area. Via the valuation class. Via the valuation method.

You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed. What account does the system use to post the valuation differences?. Individual supplier accounts with special G/L indicator. Alternative reconciliation G/L account. Adjustment G/L account for foreign currency. Supplier reconciliation G/L account.

Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting. Which organizational unit do you need to define?. Business area. Functional area. Profit center. Segment.

SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single source of truth. Which line items are recorded in the table ACDOCA? - 3. Secondary costs resulting from an assessment. Plan depreciation amounts. Primary costs resulting from a distribution. Budgeted costs for a cost center. Intercompany postings.

Your company based in France has a permanent establishment in Switzerland where financial statements are required by law. Which organizational unit do you need to create for the permanent establishment in Switzerland?. Company code. Profit center. Business area. Segment.

At which levels do you choose between direct and indirect quotation? - 2. Client. Country. Company code. Exchange rate type.

You want to implement purchase order accruals in SAP S/4HAN A. Which of the following use cases are relevant? - 2. Purchase of fixed assets (using direct capitalization method). Purchase of consumable materials. Purchase of raw materials for inventory. Purchase of services.

Which object is used to directly support the preparation for consolidation?. Functional Areas. Segments/Profit Centers. Company/Trading Partner. Ledgers/Ledger Groups.

Your company follows IFRS accounting principles and needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products". What do you need to achieve segment reporting in this scenario? - 3. Profit centers. Segments. Document splitting. Profitability segments. Business areas.

At which level do you define functional areas?. Financial statement version. Controlling area. Client. Company code.

You want to assign your 3 newly created company codes to the same controlling are a. Which settings must be common to all the company codes? - 2. Operating chart of accounts. Fiscal year variant. Posting period variant. Source currency for group currency.

Which of the following currency types can be defined for a specific ledger? - 3. 00 = Document currency. 30 Group currency. 60 Global company currency. 10 Company code currency. 40 Hard currency.

Which of the following organizational elements can be shared by several company codes? - 3. Sales organization. Plant. Segment. Profit center. Business area.

Which currency types are defaulted in SAP S/4HANA? - 2. 00 = Document currency. 30 = Group currency. 10 Company code currency. 20 Controlling area currency.

What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system? - 3. Approve the dunning proposal. Schedule the dunning run. Maintain the parameters of the dunning program. Start the dunning printout. Change the dunning proposal.

The 3-way match is the standard procedure used to post procurement transactions in SAP S/4HAN A. How does it work?. The goods receipt needs to be created in reference to the purchase order. The 3 logistical steps each generate financial documents. The purchase order needs to be created in reference to a purchase request. The invoice needs to be created in reference to the goods receipt.

Which date must the system determine when you enter an invoice that needs to be paid?. Reference date. Payment date. Order date. Baseline date.

You want to include multiple company codes in a single payment run. What are the prerequisites for the company codes?. They must all belong to the same company. They must have the same configuration for payment transactions. They must be located in the same country. They must belong to the same controlling area.

Which parameters can you configure on the dunning level? - 2. Payment deadline. Interest indicator. Line-item grace period. Days in arrears.

You have cleared a customer open item but want to undo this action. What are the available options? -2. Repost the clearing document. Reverse the clearing document. Reset the clearing document. Reset and reverse the clearing document.

What do you configure for regrouping receivables and payables?. Calculation Method. Valuation Method. Provision Method. Sort Method.

In the standard sales process, when is the COGS posting generated in Financial Accounting?. Create billing document. Do PGI (Post Goods Issue). Issue customer invoice. Create delivery document.