Which statements related to BP relationship are true. There are 2 correct answers to this question
Relationsships can be established between all kinds of business partners.
Relationsships cannot be reestricted for a certain time.
It is advisable to delete relationships if not needed anymore.
Hierarchies can be realized by relationships.
.
For an integrated asset acquisition posting, the system divids the business transaction into an operational part and a valuating part. Which part posts to all ledger groups? There is 1 correct answer to this question
Operational part (techical clearing account against vendor invoice)
Valuating part (asset against technical clearing account)
.
Which of the following statements about the integration of asset accounting tablees in the universal journal are true? There are 2 correct answers to this question
There is no redundancy in data storage.
Reconciliation between G/L and AA is necessary.
There is no reconciliation step in financial close.
Statistical items are updated as universal journal entries.
After migration, reports for previous fiscal yeras is not possible
Planned depreciations and revaluations are now stored in ACDOCA.
.
Which of the following reports are obsolete and deleted? There are 4 correct answers to this question
Periodic APC postings: RAPERBxxxx
Post depreciation: FAA_DEPRECIATION_POST
Reconciliation postings: RAABSTxxxx
Fiscal Year Change: RAJAWE00
Post depreciation: RAPOSTxxxx
.
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 Repots Enterprise.
.
Using SAP Lumira, which of th following can you create? There are 2 correct answers to this question
Analytic views
Datasets
Stories
Universes
.
An existing SAP ERP customer can upgrad existing system to SAP S/4HANA only if they have already implemented new G/L accounting.
TRUE FALSE.
The universal journal replaces all financial item tables, including BSEEG, COEP, and all CO-PA tables.
TRUE FALSE.
Using physical totals tables to aggregate data gives the SAP S/4HANA an advantage in speed and flexibility.
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.
The extension ledger functionality allows to post peeriods that have been closed in the underlying ldger.
TRUE FALSE.
The global currency defined for the ledger -company code combination corresponds to the currency type of the controlling Area.
TRUE FALSE.
Since SAP S/4HANA 1511 suite, the use of the Material Ledger is mandatory.
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 account-based CO-PA by default in an SAP S/4HANA system.
TRUE FALSE.
SAP HANA takes advantage of optimized aggregate tables to offer OLAP AND OLTP from common platform.
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.
SAP HANA is designed for supporting both Online transactional processing and Online analytic processing.
TRUE FALSE.
Using physical totals tables to aggreegate data gives th SAP S/4HANA an advantagee in speed and flexibility.
TRUE FALSE.
A user that was responsible for creating Cost Element in the SAP ERP environment will be able to create G/L accounts in SAP S/4HANA without changes to role autorizations.
TRUE FALSE.
How a business partner is used in accounting is defined through the business partner role.
TRUE FALSE.
Which products are Line of Business solutions that can easily be integrated with the SAP S/4HANA digital core? There are 2 correct answers to this question
SAP Success Factors.
SAP Ariba
SAP Cash Management
SAP Accounting & Financial Close.
.
Which of the following are NOT required to be adopted in a conversion to SAP S/4HANA Finance 1605, but are required in a conversion to SAP S/4HANA 1809? There are 3 correct answers to this question
Customer Vendor Integration
Material Ledger
Logistics Simplifications
Universal Journal
New Asset Accounting
.
On which level is SAP S/4HANA installed? System
Company code
Client Database
.
Only one fiscal year can be open in asset accounting during migration, the previous year can be reopened after migration is completed.
TRUE FALSE.
You can implement additional estándar ledgers in a system during a migration project.
TRUE FALSE.
Parallel financial reporting means that you must create financial statements for a company in accordance with different accounting rules.
TRUE FALSE.
You can use the leading ledger to model different accounting rules.
TRUE FALSE.
The fiscal year variants of productive controlling areas and their assigned campany codes must be identical.
TRUE FALSE.
You can introduce a new currency type during conversion
True False.
On which levels can the default CO document types be especified? There are 3 correct answers to this question
Regular and cross-company posting
Company code
Controlling business transactions
Accounting Principle
Currency type
.
Which asset accounting configuration steps is required? There are 2 correct answers to this question
Define a technical clearing account for integrated asset acquisition
Assign accounting principles to all depreciation areas
Specify alternative document number ranges for integrated posting
Create transaction types for psoting to specific depreciation areas.
.
The customers and suppliers balances of the previous year are carried forward to the new year, but you did NOT run the SAPF010 (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. How was the customer and supplier balance carried forward? Because balance carryforward was performed for the leading ledger in general ledger.
Because balance carryforward was carried out by the Rconcile Universal Journal Entry trasnsaction since the reconciliation displayed No error
Because balance carryforward was performed automatically due to postings to the subledgers in the new fiscal year.
Because balance carryforward was performed automatically when closing the previous year.
.
Which of the front-end clients can you NOT use in standard system for SAP BPC for SAP S/4HANA Finance?
SAP Fiori
SAP GUI
SAP Business Client
SAP BusinessObjects Analysis Microsoft Office
.
What can you do in the extension ledgers configuration?
You can manually create a new ledger group that contains an extension ledger.
You can assign a freely defined currency type to an extension ledger.
You can link an accounting principle to a ledger group that contains an extension ledger
You can creat an extensión ledger for which the underlying ledger is an extensión ledger.
.
How do you compensate for the technical clearing account NOT balancing in all accounting principlees with the accounts approach for parallel valuation?
By running the monthly depreciation posting
By running the periodic acquisition and production cost posting
By entering manual corrective clearing transfer posting
By maintaining the offset account in the asset account determination.
.
The managerial closing activities include locking the old accounting period
True False.
Which of the following are the month-end closing activities for external purposes? There are 3 correct answers to this question
Close the old periods
Create external and internal reports
Perform foreign currency valuations
Post good issues for deliveries to customers
.
At which organizational levels is it possible create a financial statement in a standard SAP S/4HANA system? There are 3 correct answers to this question
Client level
Business area level
Company code level
Segment level
.
You carry out foreign currency valuation after creating financial statements.
TRUE FALSE.
Doubtful receivables are individual value adjustments during year-end closing.
TRUE False.
For purchase order accruals only the accrual account needs to be determined by the accouny determination. The offsetting account is by default taken from the purchase order item.
TRUE FALSE.
What are the business benefits of SAP S/4HANA Finance? There are 3 correct answers to this question
Reduced system complexity
Single source of truth on the line item level.
Overall reporting across financial applications
Automatic update of custom applications to SAP HANA standards.
.
If you do not assign to any special tolerance group, then the entries in the default tolerance group are valid for them.
TRUE FALSE.
There are four dunning program steps that can be performed during the automatic dunning procedure as follows:
1 2 3 4.
List the main steps involved in creating the dunning proposal. There are 3 correct answers to this question
The account selection
The line item dunning
The account dunning
The line item with local currency.
Which of the following lists supports the dunning clek's work? There are 3 correct answers to this question
The dunning history list
The blocked accounts list
The dunning list
The list of vendor balances in local currency
.
The dunning run is made of three main steps that happen in a particular sequence. What is the correct secuence of steps? There is 1 correct answer to this question
1. Account selection
2. Dun line items
3. Dun account
1. Item selection
2. Dun account
3. Dun line items
1. Itm selection
2. Dun line itms
3. Du account
1. Account selection
2. Item selection
3. Dun line items
.
In an asset main number in asset Accounting, which information can be different between International GAAP and local GAAP? Note: There are 2 correct answers to this question. There are 2 correct answers to this question
Depreciation start date
Net book value
Local currency
Transaction currency
.
You want to quikly launch the balance sheet for the company code you are responsible for from SAP Fiori launchpad. What can you create to achieve this?
Your own application group
Your own financial statement version
Your own application catalog
Your own application tile.
.
How does the SAP HANA architectur improve SAP S/4HANA system performance?
SAP HANA uses structure hierarchical data model with a multitude of lean, pre-build, aggregated tables to write efficient code.
SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime.
SAP HANA makees extensive use of database indexees, providing common access paths to data to improve access speed.
SAP HANA allows you build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications.
.
Which of the following are standard correspondence types? Note: There are 3 correct answers to this question.
Payment notice
Open items list
Account statement
Document journal
Payment proposal
.
Which statements best describes a chart of depreciation? There are 2 correct answers to this question
A chart of depreciation is mandated by a country's statutory requirement and adopted as is.
A chart of depreciation is a country-specific object that is delvered with SAP S/4HANA
A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas.
A chart of depreciation is company-code-specific; therefore, two company codees CANNOT use the same charrt of depreciation.
.
What is controlled by the terms of payment? Note: There are 3 correct answers to this question.
Default payment method
Determination of the baseline date
Allowed account type
Setting for net procedure.
Account for cash discount recived
.
Which tables are replaced by compatibility views? There are 3 correct answers to this question.
BSIS
FAGLFLEXT
ANLC
BSEG
.
What is the character lenght of the field for line item numbering in the universal journal table ACDOCA? There is 1 correct answer to this question.
3 6 10.
Which level dos the cost element category get assigned on?
Chart of account
Controlling area
Company code
.
Which G/L accounts types are relevant for CO? There are 2 correct answers to this question.
Non-operating expenses or income
Primary costs or revenue
Secondary costs
Bank and cash accounts
.
Which statements are true for an extension ledger? There are 3 correct answers to this question.
Contains a full set of journal for all business transactions.
Stores only delta values
Multiple extension ledgers can point to the same underlying laedger.
Reporting on the etension ledger always includes the data of the undrlying ledger.
.
How can you represent different acounting principles in SAP S/4HANA Finance?
Ledger approach
Accounts approach
.
When document splitting is active, in which table is the splitting information stored?
ACDOCA
FAGLFLEXA
BSEG
ACDOCP
.
Which statemnts about the S/4HANA Accural Engine are correct? There are 3 correct answers to this question
It is fully integrated into the General Ledger
There is no redundant storage of the postings as original document
There are summary records in the Accrual Engine.
It enables complex posting, more than two line itms are possible by customer-defined of posting schemes.
.
What are use cases for Purchase Order Accruals? There are 3 correct answers to this question.
Purchasing of consumable material or service - without goods receipts.
Purchasing of consumable material or service - with non-valuated goods receipts.
Purchasing of consumable material or service - with complete goods receipts posting.
Purchase of consumable material - with valuated goods receipt postings.
.
Which of the following statements about the integration of asset accountig tables in the universal journal are true?
There are 2 correct answers to this question.
No redundancy in data storage.
No reconciliation-steps in financial close.
Reconciliation between G/L and AA is necessary.
Statistical items are updated as Universal Journal Entries.
After conversion, reporting for previous fiscal years is not possible.
Planned depreciations and revaluations ar now stored in ACDOCA.
.
Can the Global Accounting Hierarchy be ser as time-dependent?
TRUE FALSE.
The Basic Cash Management offers workflow capabilities for managing maintenance of bank accounts. TRUE FALSE.
Which statement best describes the normal reversal functionality?
Executes an inversal posting by resetting the transaction figures.
Executes an inverse posting by increasing the transaction figures.
Executes the inverse posting of a cleared document befores resetting it.
Executes a transfer posting by resetting the transaction figures.
.
Identify some of the checks for archiving G/L accounts (master data). There are 3 correct answers to this question.
Has a deletion indicator been set?
Are there (still) documents?
Are there (still) transaction figures (for example, have they already been archived)?
Is the fiscal year closed?
.
You want to post journal entries in a special period. Which conditions must be met?
There are 2 correct answers to this question
You must enter a posting date in the last posting period.
The special period must be open for posting in the period control.
You must have specific authorization to post in special periods.
The balance carry-forward to the new fiscal year must have taken place.
.
In the integrated scenario for down payments, in what step of the process do you enter the down payment information? new
Invoice verification
Good receipt creation
Purchase order creation
Down payment monitoring
.
A user wants to add an application to his SAP Fiori home page but can't find it in the App Finder. Whay does the admin have to do?
Assign the corresonding SAP Fiori tile catalog to the user.
Add the tile to tile group already assigned to the user.
Assign th corresponding SAP Fiori tile group to the user.
Add the corresponding tile catalog to the tile group.
.
Data in the SAP HANA database is stored in which two ways? There are 2 correct answers to this question.
Random
Row
Column
Vector.
Customers using classic General Ledger Accounting can us RFBILA00 to create a financial statement at which organization levels?
There are 2 correct answers to this question.
Client level
Business area level
Company area level
Segment level
.
A customer payment was received. An open item does NOT exist for the payment. How can you post the payment? new
Create a residual item
Post partial payment
Create a down payment
Post payment on account
.
What are the result when you post an outgoing partial payment? There are 2 correct answers to this question
The initial invoice remains open.
A payment is created with reference to the invoice.
The initial invoice is cleared
A payment block is set on the invoice
.
You are a group cash manager interested in the Nort America business market. What are the personalization options available to you in SAP Fiori?
There are 2 correct answers to this question
You can crate an app to take directly to the cash position of the North America business market.
You can crate access to relevant apps for the North America accounts payable group that reports to you.
You can adapt the launchpad 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.
.
Which of the following statements apply to the special general ledger types of noted items? There are 3 correct answers to this question
The account for the offsetting entry is selected automatically.
No postings are made on an offsetting account.
No zero-balance check is made in the system
Noted items are posted to an alternative reconciliation account.
No special general ledger indicators of your own can be created of this type.
.
Which bisiness scenarios can be handled with accrual and deferral postings?
On-time payment for one year cloud storage service
Montly rent payments for an office building
On-time payment for fixing flooding damage
Monthly subcription to a financial newspaper
.
You are reponsible for configuring document splitting. What ar some of the key settings? There are 2 correct answers to this question
Business transaction variant
Document type
Field status variant
Document number range
.
You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for an area 01is assigned to the leading ledger for leading valuation and dprciation area 32 is assigned to the non-leading ledger for parallel valuation.What posting option should you choose for depreciation area 32?
Area Post in Real Time.
Area Post Depreciation Only
Area Does Not Post
Area Post APC Immediately, Deepreciation Priodically.
.
Which currency valuation program is replaced by FAGL_FCV?
FAGL_FC_VALUATION
FAGL_VALUATION
SAPF130K
SAPF100
.
What does the year-end closing program in Asset Accounting do? There are 3 correct answers to this question
It blocks all posting to Asset Accounting for the closed fiscal years.
It checks whether the depreciation is posted completely for the fiscal year.
It indicates if any of the created asset master records cantain errors or are incomplete
It post all remaining depreciation and imputed interest.
It settles all assets under construction with values and maintained settlement rules
.
The only version of the public cloud edition of SAP S/4HANA a customeer can be on is the latest released version.
TRUE FALSE.
What checks does the year-end closing program (RAJABSOO) perform? There are 2 correct answers to this question
Depreciation and asset balance are posted in full
Assets are camplete and error-fre
Last year has been updated
Depreciation list and asset history sheet ahvee been checked.
.
Afetr you collect data in the Intercompany Reconciliation tool, what are the next steps of the
1 2 3 4.
Which secuence of steps allows a three-way match in procurement transactions? Purchase order, invoice receipt, goods receipt
Purchase requisition, purchase order, goods receipt.
Purchase requisition, goods receipt, invoice receipt.
Purchase order, purchase requisition, invoice receipt.
.
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? There are 3 correct answers to this question
Block an account
Block a line item
Lower dunning level of an item
Change a document
Change the dunning data of an account
.
Which of the following special G/L transactions are noted items? There are 2 correct answers to this question
Bill of exchange payment request
Down payment request
Down payment
Guarantee of payment
.
Which of the following is an example of an automatic offsetting entry? Posting of a guarantee of payment
Down payment request
Bank posting of a received down payment
.
What settings can you define specifically for an asset class? There are 3 correct answers to this question
Asset under construction category
Account determiantion key
Synchronization rules for asset equipment
Maximum amount for low-value assets
Default transaction type for asset posting
.
Your customer wants to use data aging for the universal journal. Which criteria can you use to decide wich data is moved to the historical partition? There are 2 correct answers to this question
Ledger
Account type
Company code
Document type
.
Your customer wants the value 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
Depreciation area
Financial statement version
Asset class
Account determination key
.
What do you define when you create a new document type? There are 2 correct answers to this question
Number range for the document type
Account types allowed for posting
Reasons for reversal
Posting keys for the document type
.
Which of the following statements are valid for financial document number ranges? There are 3 correct answers to this question
Financial document number ranges defined at client level should NOT overlap.
The same financial document number range can be assigned to several document types.
Financial document number ranges are defined at company code level.
All financial document number ranges can contain numbers and/or letters
Financial document number ranges must be defined for the year in which they are used.
.
Choosing between SAP S/4HANA and SAP S/4HANA CLOUD is also a matter of required scope.
TRUE FALSE.
Which activities are supported by the regrouping program of receivables and payables? There are 2 correct answers to this question
Grouping receivables and payables by their remaining life.
Regrouping open items based on changed reconciliation accounts
Regropuping of receivables and payables to accrual earnings or expense
Regrouping and clearing open items for affiliated companies on customers and vendros.
.
When you post a manual incoming payment, which parameters are valid for all payment documents? There are 2 correct answers to this question
Journal entry type
Bank account
Tolerance group
Residual item
.
How does SAP S/4HANA support the treatment of taxes? There are 3 correct answers to this question
It post the tax amount to tax accounts.
It checks the tax amount entered and automatically calculates the tax.
It perfoms tax adjustment for cash discounts and other forms of deductions
It performs the adjustment to the tax and automatically updates the procedure
It checks the tax codes and automatically updates the tax rates absed on changes by the tax authorities
.
What information is provided when you execute the balance audit trail?
The starting balance and the yearly changes to the balance of a general ledger account.
A comparison of genrral ledger account balances across ledgers
The open account balances for customer account and suppliers accounts.
A list of changes of maintained sensitive fields in general ledger accounts.
.
Which of the following steps do you typically perform when executing the payment run with the automatic payment program? There are 2 correct answers to this question Maintain open item selection parameters.
Review the payment proposal exception list.
Rank bank accounts for payment
Define maximun amounts to be paid per supplier
.
What are the features of the Accrual Engine in SAP S/4HANA? There are 2 correct answers to this question
The FI rvral is NOT supported
All currncies of general ledger are supported
The fiscal year variant of the general ledger is supported
Complex postings with more than two line items are NOT possible
.
What is controlled by th terms of payment? There are 3 correct answers to this question
Default payment method
Determiantion of the baseline date
Allowed account type
Setting for net procedure
Account for cash discount received
.
Identify the steps performed during the general ledger closing operations for the fiscal year. There are 3 correct answers to this question
Accruals are carried out.
Foreign currency documents are valuated
The balance carry forward program is run
Vendor invoices are posted
.
It is necessary foreign currency use un ledger solution. What object you need define in customazing? There are 3 correct answers to this question
Account determination
Valuation area
Accounting principles
Extension ledger simulation
.
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 required for clearing
When an account is used as a reconciliation account
When an acccount is set up a cost element
When an account has a zero balance
.
When you post a payment for an invoice, how dos the system derive the splitting characteristics?
Active document splitting
Default assignement
Inheritanc
Pasive document splitting
.
You define custom currency type z1 for your company code. Which currency typees must be stored in the Data Entry view? There are 2 correct answers to this question
Company code currency
Document currency
Custom currency type Z1
Object currency
.
You are posting an incoming payment against an invoice. Which document values does the used tolerance group control?
There are 2 correct answers to this question
The total amount (sum of all line itms) alloewd to be paid.
The cash discount amount (absolute value) allowed for a line item
The cash discount percentage allowed for the complete document
The payment amount allowed for each customer open item
.
What dos the document type control? There are 2 correct answers to this question
Whether negative posting are permited
Which account types are allowed
Which posting keys are allowed for posting
Whether exchange rate difference is permited
.
Wich activities can you perform with a recurring journal entry?
Create monthly postings on any date of a month.
Obtain an overview of related future postings.
.
You want to define a validation for the combination of G/L account and cost center. For with call-up point do you defin this validation new
Document line
Document Hader
Complete document
Cost of sales accounting
.
In which items of a financial statement version can you fing values related to accounts for sales deductions and material expenses?
Sales deductions in loss item Material expenses in liabilitiees item.
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