S4HAFI

The SAP Business Workflow________process dimensions. Please choose the correct answer. Five. Two. Four. Three.

Which prerequisites must be fulfilled to allow for negative postings of journal entries? There are 2 correct answers to this question. The posting key must allow negative postings. The reversal accounts must be configured to allow negative postings. The reversal reason must be configured to allow negative postings. The company code must allow negative postings.

In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP? There are 2 correct answers to this question. Capitalization date. Net book value. Deprecation start date. Asset class.

Identify the criteria that usually differentiate between document change rules. There are 2 correct answers to this question. Open items. Asset class. Company code. Account type.

Which information is checked by the system before a general ledger account k archived?. The assigned group account is already archived. The Open item Management indicator is set in master data. The Blocked for Posting indicator is set in master data. The Mark for Deletion indicator is set in master data.

Which is the most flexible SAP S/4HANA Cloud solution for customers? Please choose the correct answer. Community option. Private option. Hybrid option. Public option.

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. Account or transaction key. Condition type. Sequence of steps. Country key. Tax code.

The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps?. Account selection Dun line items Dun account. Account selection Item selection Dun line items. Item selection Dun account Dun line items. Item selection Dun line items Dun account.

You want to post journal entries in a special period. Which conditions must be met? There are 2 correct answers to this question. The balance carry-forward to the new fiscal year must have taken place. You must have specific authorization to post in special periods. The special period must be open for posting in the period control. You must enter a posting date in the last posting period.

Which objects can be posted to by more than one company code? Note: There are 3 correct answers to this question. Segment. Cost center. Sales organization. Profit Center. Business area.

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. Client level. Account level. Company code. Organization level.

What is the purpose of the reorganization of segments? There are 2 correct answers to this question. Enables segment deletion. Enables segment reassignments. Enables merge of segments. Enables segment derivation.

What do you need to do to configure a new exchange rate type in SAP S/4HANA? There are 2 correct answers to this question. Specify a purpose for the exchange rate type. Maintain exchange rates daily. Set up the relationship between currencies using translation ratios. Specify the direct or indirect quotation.

Which elements define the integration of asset acquisitions to the general ledger? There are 2 correct answers to this question. Valuation area. Depreciation area. Depreciation keys. Asset class.

How many intervals are defined for the foreign currency valuation run ID per client? Please choose the correct answer. 1. 3. 2. 0.

What are the characteristics of a company in SAP S/4HANA? There are 2 correct answers to this question. It represents separate areas of operation within an organization. It is considered for consolidation. It can be assigned to a company code. It is responsible for costs and revenues within an organization.

Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels? There are 2 correct answers to this question. Company area level. Business area level. Client level. Segment level.

Which is the first step in the procedure of making down payments in the customer area? Please choose the correct answer. Down payment request. Down payment received. Customer invoice. Clearing.

How does the SAP HANA architecture improve SAP S/4HANA system performance? Please choose the correct answer. SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt 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 allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications. HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed.

What is the purpose of the group account number in General Ledger account master data maintenance?. it is used for cross-company-code reporting if the company codes use different charts of account. It defaults the number interval that is applied for the G/L account number in the company code. It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version. It determines the fields in the entry screen when you create or update a master record in the company code.

In which of the following segments of a customer or vendor master record can you enter the terms of payment? There are 3 correct answers to this question. Company code segment. Purchasing organization segment. Sales area segment. Client level segment.

During the archiving procedure, if the application generates a specific log, it is used; otherwise, you need to manually create a log. Determine whether this statement is true or false. FALSE. TRUE.

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 available in real time at line item detail. 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.

You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system. How would you define the document number range? Please choose the correct answer. You can use internal, external, or continuous number assignment. You have to use internal number assignment. You have to use continuous number assignment. You have to use external number assignment.

Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?. 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.

True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser. TRUE. FALSE.

Which of the following statements best describe a noted item? There are 2 correct answers to this question. 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. It updates the subledger and the general ledger.

Which standard currency types must be used when configuring the currency settings for company codes?. Company code currency. Document currency. Controlling area currency. Group currency.

How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?. 2. 3. 16. 12.

Which of the following activities does the system perform during the payment run? There are 3 correct answers to this question. The system exports a list of documents to be paid. 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.

Which of the following tolerance groups should every company code always have? Please choose the correct answer. Special. Defined. Named. Blank.

Which of the following can you use for multiple programs with variants that are to be processed automatically? Please choose the correct answer. Flow definition. Online transactions. Remote tasks. Task list template.

You want to make the Reference Document Number field required for entry. Which object controls this setting? Please choose the correct answer. Document posting key. Document field status. Document reference key. Document type.

Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question. Company code required. Number of date fields required. Account required. Reason code required. Document number required.

You need to perform mid-year legacy system migration for assets in a new company code. Which data must you migrate? Note; There are 3 correct answers to this question. Fully depreciated fixed asset master records. Accumulated depreciation per cost center. Closed year asset sale transactions. Current year asset acquisition transactions. Current year posted depreciation.

You want to specify the financial statement version for asset reports in Customizing. Where do you need to assign the financial statement version?. To each accounting principle. To each company code. To each chart of depreciation. To each depreciation area.

Which statements best describe a chart of depreciation? There are 2 correct answers to this question. 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 codes CANNOT use the same chart of depreciation. A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA. A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is.

Which of the following statements are correct? There are 2 correct answers to this question. It is possible to design multilevel workflow sequences. A company code can be assigned several workflow variants. The same workflow variant can be assigned to several company codes. A task can be assigned only one possible processor.

For which of the following transactions can you use noted items? Please choose the correct answer. Customer payment. Late payment. Vendor payment. Down payment request.

Which of the following objects are relevant to the dunning program configuration? There are 3 correct answers to this question. Minimum amounts. Expenses or charges. Dunning levels. Bank selection.

Which of the following parameters can be changed on a time-dependent basis? There are 3 correct answers to this question. Useful life (year or period). Variable depreciation portion. Depreciation start date. Depreciation key.

When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management?. Goods receipt. Invoice receipt. Creation of purchase order.

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 number range. Document type. Field status variant.

In stock valuation, which of the following groups of stocks are valuated? There are 3 correct answers to this question. Raw materials, supplies, and consumables. Work in process. Goods invoiced. Finished goods.

What information is updated on the invoice when you post a complete payment? Note: There are 2 correct answers to this question. Clearing document number. Clearing date. Clearing bank. Clearing reason code.

What is the correct order of steps when you use the SAP I financial Closing Cockpit?. 1 Create template 2 Create tasks 3. Create task list 4. Define dependencies 5. Release task list. 1. Create tasks 2. Define dependencies 3. Create template 4. Create task list 5 Release task list. 1 Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release task list. 1. Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list.

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?. Area Posts APC Immediately, Depreciation Periodically. Area Posts Depreciation Only. Area Does Not Post. Area Posts in Real Time.

Which stage of the sales process creates documents for both Materials Management and Financial Accounting?. Sales order creation. Billing. Shipping - delivery creation. Shipping - goods issue.

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. Company code currency. Object currency. Document currency. Custom currency type Z1.

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 a tile group with all the apps required for your daily business for easy access. 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.

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. FALSE. TRUE.

In your system, you currently perform manual outgoing payments and you want to use the automatic payment program. Which settings must you maintain as part of the configuration of the automatic payment program? There are 2 correct answers to this question. Bank determination. Payment terms. Paying company codes. Special G/L indicators.

Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data? There are 3 correct answers to this question. For a small quantity of legacy data, use AS100. For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT. For a large quantity of legacy data, use batch input procedure (program RAALTD01). For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface. For a very large quantity of legacy data, use the direct input procedure (program RAALTD11).

Which statements best describe a profit center? There are 2 correct answers to this question. It is the only object that can be uniformly derived using segments. It is an element for which separate balance sheet and P&L statements can be created. It has to be used simultaneously with segments to create separate balance sheet and P&L statements. It is the only object from which segments can be uniformly derived.

Identify the application areas where validations and substitutions can be used. There are 3 correct answers to this question. FI – Financial Accounting. CO – Cost Accounting. SD – Sales and Distribution. AA – Asset Accounting.

What are some features of SAP HANA? There are 2 correct answers to this question. SAP HANA is built on a hierarchical data model architecture. SAP HANA is optimized to organize data using column stores. SAP HANA allows transactional and analytical processing off the same tables. SAP HANA is optimized to work with aggregates and index tables.

On which levels can you activate document splitting? Note: There are 2 correct answers to this question. Ledger level. Document type level. Client level. Company code level.

You are configuring depreciation areas in Asset Accounting. Which of the following settings is NOT permitted? Please choose the correct answer. Area posts revaluation only. Area does not post. Area posts in real time. Area posts depreciation only.

You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false. true. false.

To reduce the load on the system, what should you do with the older documents that exist in the database? Choose the correct answer. Backup and delete. Delete. Archive and delete. Extract and delete.

Which sequence of steps allows a three-way match in procurement transactions? Please choose the correct answer. Purchase order, purchase requisition, invoice receipt. Purchase requisition, goods receipt, invoice receipt. Purchase order, invoice receipt, goods receipt. Purchase requisition, purchase order, goods receipt.

The SAP HANA database relies on which of the following technologies for storing data? There are three correct answers. Compression. Columnar store. In-memory. Aggregation. Indexing.

What is the first step in the reconciliation process? Please choose the correct answer. Collect data from different companies. Present reconciled and non-reconciled data. Communicate differences.

Which steps are required to create a substitution in Financial Accounting? There are 3 correct answers to this question. Assign the substitution rule to the controlling area. Activate the substitution rule. Define the substitution rule with its different steps using the formula editor. Select the correct call-up point. Choose the area of application GL.

In Asset Accounting, which object do you use to handle separate valuation for parallel accounting?. Depreciation area. Chart of depreciation. Valuation area. Depreciation key.

Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?. Define the logical file path as a global path for data aging. Activate aging on SAP HANA. Activate data aging for your company code. Switch on the data aging business function. Add required authorizations for data aging to your role.

At which level do you assign the print program to the correspondence type? Please choose the correct answer. At system level. At client or company code level. At company code level only. At client level only.

Where is the billing document created? Please choose the correct answer. Accounting. Materials Management. Financial Accounting. Sales and Distribution.

A message can contain up to six fields. Determine whether this statement is true or false. true. false.

You have a debit amount of 50 and credit amount of 80 as balance on an account. This account is assigned to the assets side in a financial statement version, with the debit indicator and the credit. How is this shown on the balance sheet?. 50 is shown on the liabilities side and 80 is shown on the assets side. The balance is shown on the liabilities side. 0 is shown on the assets side and 30 is shown on the liabilities side. The balance is shown on the assets side.

In which object do you define which SAP Fiori apps a user can use?. Fiori tile catalog. Fiori default values. Fiori app library. Fiori tile group.

What is the name of the leading ledger that SAP provides with the standard system? Please choose the correct answer. 3L. OL. 1L. 2L.

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 client level data. Change company code data. Change account descriptions. Change chart of accounts data.

What information is provided when you execute the balance audit trail?. A comparison of general ledger account balances across ledgers. A list of changes of maintained sensitive fields in general ledger accounts. The starting balance and the yearly changes to the balance of a general ledger account. The open account balances for customer accounts and supplier accounts.

Financial statement versions consist of a maximum of 10 hierarchy levels. Determine whether this statement is true or false. true. false.

Cleared items contain which of the following pieces of information? Please choose the correct answer. Due date. Clearing date. Archival information. Clearing document number.

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. The balance carry forward program is run. Accruals are carried out. Vendor invoices are posted.

Which of the following information is entered in the chart of accounts segment of a G/L account? There are 3 correct answers to this question. Account number. Control fields. Consolidation fields. Currency fields.

Which of the following are standard correspondence types? Note: There are 3 correct answers to this question. Payment proposal. Document journal. Account statement. Open items list. Payment notice.

How many cash discount periods can be entered in the terms of payment? Please choose the correct answer. 3. 8. 5. 2.