TEST BORRADO, QUIZÁS LE INTERESE:
S4F15_EN
COMENTARIOS |
ESTADÍSTICAS |
RÉCORDS
|
|---|
REALIZAR TEST
|
Título del Test:
S4F15_EN Descripción: Financial Closing in SAP S/4HANA Autor:
Fecha de Creación: 08/03/2023 Categoría: Informática Número Preguntas: 47 |
COMPARTE EL TEST
COMENTAR
No hay ningún comentario sobre este test.
Temario:
|
Which of the following are the month-end closing activities for external purposes? Perform foreign currency valuations Create external and internal reports Post goods issues for deliveries to customers Close the old period. The technical closing activities include locking the old accounting period. True False . Which of the following Special Items in the Financial Statement Version can be edited? Assets Profit and loss results Liabilities and Equity Financial Statement Notes Accounts not assigned . At which organization levels is it possible to create a financial statement in a standard SAP S/4HANA system? Client level Business area level Company code level Segment level . You assign a hierarchy node as a contra item to another hierarchy node in the Financial Statement Version. Which of the following statement is correct? Select Debit Balance and Credit Balance for each hierarchy node. Both hierarchy nodes contains the same G/L accounts. Both hierarchy nodes must be assigned to the same special item. . Match each user with the associated role. Create and maintain queries, predefined reports, KPIs, dashboards, and tiles, and enable the end users to find the right reports. Develop CDS views, new apps, and planning functions. Work with different analytical tools to consume the data, perform analysis, and act accordingly. . The depreciation position program must be used to record ordinary (book and cost accounting) depreciation. True False. You can change the fiscal year in FI-AA before the last period of the old fiscal year. True False. What checks does the year-end closing program perform? Depreciations are posted in full. Assets are complete and error-free. Depreciation lists and the asset history sheet have been checked. Last fiscal year has been updated. . Which of the following are the different history sheet groups that each version of asset history sheets can contain? Book values at the end of the fiscal year Acquisitions Imputed interest Reposting. The periodic inventory method involves counting all stocks physically on the balance sheet key date. True False. The three-step reconciliation involves the purchase order, goods receipt, and invoice receipt. True False. What should you check if the balance of the GR/IR account is not zero at the purchase order item level on the balance sheet key date? Check if the goods were invoiced by the key date, but have not yet been delivered. Check if the goods were ordered by the key date, but have not been received. Check if the goods were delivered by the key date, but have not yet been invoiced. Check if the goods were produced by the key date, but have not been invoiced. . In stock valuation, which of the following groups of stocks are valuated? Raw materials, supplies, and consumables Work in process Goods invoiced Finished goods . The settlement of the production order displays the value of the work in progress (WIP) on the balance sheet and, at the same time, posts the change in stock in the profit and loss statement. True False. During balance confirmation, an output check and an error list are generated for each client. True False. You can specify one address ID per company code in customizing to which balance confirmations are sent. True False. Which of the following procedures are available to check the balance of receivables and payables in balance confirmations? Balance confirmation Balance notification Balance adjustment Balance request . You carry out foreign currency valuation after creating financial statements. True False. In a valuation method, which of the following is not a valuation approach for foreign currency valuation? Lowest value principle Strict lowest value principle Revalue only High rate of interest principle . The valuation method contains the valuation approach that is used for carrying out a foreign currency valuation. True False. Your company uses the Ledger Approach for Parallel Accounting. Which of the following customizing settings are required for the Foreign Currency Valuation run? Assign an Accounting Principle to a Valuation Method Assign an Accounting Principle to a Ledger Group Assign an Accounting Principle to a Valuation Area Assign an Accounting Principle to a Delta Posting Variant . The system posts the realized exchange differences in foreign currency during open item clearing. True False. In SAP S/4HANA you assign the value adjustment key for the automatic flat-rate individual value adjustments on FI document level. True False. Before creating financial statements, you must group your receivables and payables according to their remaining life so that they are correctly displayed in the financial statements. True False. You cannot change the reconciliation account in the customer or vendor master record during a fiscal year. True False. The Functional Area can be filled in a financial accounting document using the following options. Bring this options according their priority (from highest to lowest priority) into the right order. Master record of the CO object Substitution Master record of the P&L account Manual entry . Which program is used to enter accruals and deferrals regularly? Compact document journal Devising program Accruals Management Ledger grouping . When you enter a manual accrual posting or deferral document, you have to enter a reversal reason, the reversal date, and the username. True False. In deferral documents, expenses and revenues are posted in the current period but belong at least partially in a future period. True False. Accruals Management: The Closing Posting is the last Periodic Posting which sets the balance to 0 on the accruals account. True False. Accrual objects have a time-dependency. If you can change the content of a field, this change is valid from a certain date entered in the Valid From field of the accrual object. True False. Purchase Orders (items) for Fixed Assets are relevant for Purchase Order Accruals. True False. For purchase order accruals only the accrual account needs to be determined by the account determination. The offsetting account is by default taken from the purchase order item. True False. Choose the correct order of the purchase order accruals processing steps: Transfer - Calculate - Review - Post Calculate - Transfer - Review - Post Review - Transfer - Calculate - Post Calculate - Review - Transfer - Post . Parallel financial reporting means that you must create financial statements for a company in accordance with different accounting rules. True False. You can only use the leading ledger to model different accounting rules. True False. If the Ledger Group field is filled, the document is posted only to the ledgers of the ledger group. True False. Identify the steps performed during the general ledger closing operations for the fiscal year. Foreign currency documents are valuated. Accruals are carried out. The balance carryforward program is run. Vendor invoices are posted. . The balance of the profit and loss (P&L) accounts is posted to the P&L carryforward account. True False. The system uses the posting date that you specify during document entry to determine to which posting period the document is posted. True False. The balance audit trail displays the balance at the beginning of a period and the changes to the account to the period end. True False. The entities defined as document splitting characteristics are inherited in non-account-assigned posting lines. True False. The Financial Closing Cockpit (FCC) allows all stakeholders associated with the financial close to access or initiate their tasks in the system. True False. What are advantages of using Task Groups in the SAP Financial Closing Cockpit? They provides an overview of tasks and their status. They allows cross template maintenance or mass changes. They define program sequences in the preceding task relationship. They covers multiple companies with the same or similar closing tasks. . Which of the following can you use for multiple programs with variants that are to be processed automatically? Online transactions Workflow Remote tasks Task list template . Which of the following challenges companies face with an increase in the number of mergers and acquisitions? A disrupted visibility of the reconciliation process between legal entities and subsidiaries. An increased communication between legal entities and subsidiaries which makes it challenging to maintain data security between the legal entities and subsidiaries. A lack of transparency between legal entities and subsidiaries which makes it complicated to reconcile intercompany transactions between the legal entities and subsidiaries. . |
Denunciar Test