SAP S/4HANA CERTIFICATION

Which different types of SAP Fiori Apps can be used? There are three correct answers. Transactional Apps. Hypothetical Apps. Fact Sheets. Analytical Apps.

Which SAP S/4HANA deployment option receives all software updates automatically with every release?. On-premise. Public Cloud. Central Finance. Private Cloud.

On the SAP Fiori launchpad, users can choose personalization options. True. False.

The fiscal year variant contains the number of posting periods and special periods. True. False.

What is the name of the database table that represents the Universal Journal?. ACDOCA. FAGLFLEXT. GLT0. BSEG.

What is the name of the leading ledger that SAP provides with the standard system?. 0L. 1L. 2L. 3L.

What are the prerequisites for cross-company controlling?. Company codes assigned to the same controlling area need to be assigned to the same operative chart of accounts. Company codes assigned to the same controlling area need to be assigned to the same group chart of accounts. Company codes assigned to the same controlling area need to be assigned to the same posting periods variant. Company codes assigned to the same controlling area need to be assigned to the same company ID.

In Financial Accounting, you have to specify at least one currency for the ledgers to be managed. True. False.

The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?. 1. 3. 4. 5.

In SAP S/4HANA (FI) currencies are defined using currency keys. True. False.

What is the format of a company code key?. Two-digit alphanumeric. Four-digit alphanumeric. Six-digit alphanumeric. Eight-digit alphanumeric.

The fiscal year variant specifies a period as open or closed. True. False.

Which of the following is the first step in the variant principle?. Define variant. Determine values for the variant. Assign the variant to the objects. Create multiple variants.

You can save a segment in the master data of a profit center. True. False.

When you create a G/L account, SAP S/4HANA uses the company code local currency as the default account currency. True. False.

In many business cases, particularly in logistics, you have to enter the segment manually. True. False.

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

The profit center is the best object from which segments can be uniformly derived. True. False.

A chart of accounts must be assigned to every company code for each accounts are to be set up. True. False.

A one-time account master record contains information about a specific customer or vendor. True. False.

Segments are assigned to a hierarchy. True. False.

To use an account from the assigned chart of accounts in your company code, you must create a company code segment for the account. True. False.

Segments have a time reference. True. False.

Different accounts of one operational chart of accounts can refer to the same group account. True. False.

The country chart of accounts number (alternative account number) is entered in every chart of accounts segment. True. False.

Which of the following options can you use to change the G/L account master data (including CO) using collective processing? There are four correct answers. Change chart of accounts data. Change company code data. Change controlling data. Change client level data. Change account descriptions.

In Financial Accounting, after the customer or vendor account is created, you can no longer change the account group. True. False.

Which data belongs to the document header? There are two correct answers. Posting Date. Profit Center. Company Code. Account Number.

On which level does the system store the general data of a business partner (customer or vendor) that can be assessed throughout the whole organization?. Organization level. Client level. Company code. Account level.

When you create a new business partner in the FI-Customer role, the system always uses the account group assigned to the grouping in the customer/vendor integration. True. False.

Which field status has the lowest priority (master records: G/L accounts)?. Required entry. Suppress/Hide. Optional entry. Display.

Customer and vendor accounts cannot use the same number ranges. True. False.

All postings to the subledger accounts are automatically posted to the assigned reconciliation accounts. True. False.

The field status entries in individual areas (FI Customer/Vendor Customizing) such as Account Group, Activity or Company Code, compete with each other and the field status with the highest priority is used. True. False.

In a balance sheet account, the balance is carried forward to a retained earnings account and the balance sheet account is set to zero. True. False.

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

You can only use posting keys for assets and materials if the corresponding SAP components are active. True. False.

It is possible for several company codes to use the same posting period variant?. True. False.

You can create as many tolerance groups as you need. True. False.

You can post a normal document entry transaction only if the account balance is zero. True. False.

Document types are created at company code level. True. False.

A number range can only be assigned to a single document type. True. False.

Which account type is mandatory in the posting periods table?. +. D. K. S.

In external number assignment, the numbering must be numeric. True. False.

For general ledger account posting, which one of the following standard posting keys is for debit?. 01. 31. 40. 50.

A fiscal year variant defines the number of periods in the fiscal year. True. False.

If you do not assign users to any special tolerance group, then the entries in the default tolerance group are valid for them. True. False.

Which of the following statements is correct for external number assignment (manual posting)?. The number is the last document number. The number is automatically assigned. The number is entered by the user. The number must be assigned in a sequence.

SAP S/4HANA only supports the net procedure for customers. True. False.

You can reverse a document by using either normal reversal posting or negative posting. True. False.

Based on document change rules, users may only be able to change certain fields in the documents that they have already posted. True. False.

Displaying a document in the entry view and the general ledger view is possible with SAP S/4HANA. True. False.

The taxes calculated by the system are usually posted via a separate line item to a special tax account. True. False.

You can reverse documents that contain cleared items. True. False.

The baseline date is the starting date that the application uses to calculate the invoice due date. True. False.

SAP S/4HANA provides basic default values for document entry. For example, the current date is proposed as the posting date. You are not allowed to change this proposed date. True. False.

In the configuration of SAP S/4HANA, you must always assign clearing accounts to every possible combination of company codes. True. False.

Parameter IDs allow users to set default values for fields such as Company code and Currency. True. False.

In which of the following segments of a Business Partner master record (customer or vendor) can you enter the terms of payment? There are three correct answers. Company code segment. Client level segment. Sales area segment. Purchasing organization segment.

You need to enter a percentage rate in the terms of payment to calculate ______________. Cash discount. Credit amount. Debit amount. Invoice discount.

The tax code is used for the tax calculation procedure required to perform taxation functions on the SAP system. True. False.

The reversal reason determines whether the reversal date may differ from the original posting date. True. False.

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

You can assign different document splitting procedures to different client company codes. True. False.

Day limits enable date-specific terms of payment under a single terms of payment key. True. False.

SAP S/4HANA links the documents belonging to one cross-company code transaction with a common cross-company code transaction number. True. False.

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

Identify the three types of tolerances in accounting. There are three correct answers. Employee tolerance groups. G/L account tolerance groups. Customer/vendor tolerance groups. Special account tolerance groups.

With the automatic clearing program, a user can clear open items for which of the following items? There are two correct answers. General ledger. Currency. Special general ledger indicator. Subledger accounts.

If the payment difference is too high to be immaterial, you must manually process it. True. False.

When you reset clearing, SAP S/4HANA removes the clearing data from the line items. True. False.

You must assign a revenue or expense account to all reconciliation accounts and all general ledger accounts with open item transactions in foreign currency. True. False.

The Clear Account transaction can be performed manually or automatically using the clearing program. True. False.

The assignment field can be a combination of up to six fields with a maximum of 10 characters. True. False.

Cleared items contain which of the following pieces of information? There are two correct answers. Clearing document number. Due date. Clearing date. Archival information.

When you perform a manual payment process, you can overwrite the cash discount amount. True. False.

It is possible to archive documents that have open items. True. False.

A clearing transaction always creates a clearing document. True. False.

An example of an open item is an incomplete business transaction, such as an invoice that has not been paid. True. False.

Which of the following original Management Accounting objects can you assign in the asset master record? There are three correct answers. Activity type. Cost element. Order. Cost center.

Each company code is an independent accounting unit. True. False.

You can assign a financial statement version for each depreciation area so that you can display financial statement items in asset reports. True. False.

A country-specific sample chart of depreciation supplied by SAP cannot be adapted to your own requirements. True. False.

Asset classes are created at the client level. True. False.

The chart of depreciation is defined at client level. True. False.

Which of the following control data is carried by asset classes? There are three correct answers. Number range interval. Insurance type. Account determination. Screen layout.

It is possible to assign an asset to two cost centers. True. False.

An asset class can be linked only to a single chart of depreciation. True. False.

Identify some of the fields related to the depreciation area in the asset master record. There are three correct answers. Depreciation start. Asset description. Useful life. Scrap value.

The system does not create a change document every time you change an asset master record. True. False.

Which of the following parameters are controlled by the screen layout? There are three correct answers. Field selection. Maintenance level. Reference. Number range.

You can create an asset master record using an asset class or using any other asset as a reference. True. False.

When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset? There are three correct answers. Description of the asset. License plate number. Inventory number. Cost center.

You can also enter down payments on an asset under construction (AuC) in accounts payable accounting processes. True. False.

To carry out mass changes, you can edit a worklist from the FI-AA application menu. True. False.

The maintenance level of the depreciation screen layout rules guarantees that depreciation is controlled uniformly. True. False.

The number range controls the assignment of the asset master record number. True. False.

An essential function of account determination in the asset class is to establish a link between the asset master records, their values, and the G/L accounts to which the related asset values and depreciation are posted. True. False.

Low value assets cannot be managed collectively, regardless of the number of assets per master record. True. False.

When you capitalize the asset under construction (AuC), you can transfer the values to one or more completed assets. True. False.

When you enter the relevant transaction type during execution of unplanned depreciation, the system recognizes that you want to perform manual depreciation. True. False.

The system stores the depreciation start date in the depreciation areas of the asset master record. True. False.

The values of the accounts for revenue from asset sales and clearing asset retirement can be shown in notes to the financial statement. True. False.

The posting date and the asset value date need not be in the same fiscal year. True. False.

If the goods receipt is not valuated, the asset is capitalized during invoice verification. True. False.

What are the two phases of AuC that are relevant to Asset Accounting? There are two correct answers. Under-construction phase. Useful life phase. Assets transfer phase. Accounting phase.

Every transaction in customer and vendor accounts in the accounts payable (AP) and accounts receivable (AR) subledgers and in the asset accounts has a direct effect on the corresponding accounts of the general ledgers. True. False.

Using the transfer variant, it is possible to determine the transaction types with which the transfer is recorded in the source and the target asset. True. False.

You can create an asset master record when posting a procurement document. True. False.

In transaction ABT1L, the system automatically determines the relationship type between company codes using the company IDs of the Company Codes. True. False.

When you use the new value method in transaction ABT1L, the system capitalizes the amount of the sales revenue on the target asset. True. False.

Which of the following logistic processes are involved in asset acquisition with materials management (MM)? There are three correct answers. Purchase requisition. Purchase order. Goods receipt. Inventory receipt.

You can select the depreciation areas for which you want to enter depreciation while posting unplanned depreciation. True. False.

With new General Ledger Accounting (G/L) and activated document splitting, the program SAPF181 is no longer required. True. False.

On what basis does the system determine the period for the asset retirement?. Asset value date (asset retirement date). Net book value.

The system generates transaction types for posting investment support when you define the support measure. What are the transaction types called if the investment support key is Y1? There are three correct answers. IY1. KY2. ZY1. I01. JY1. KY1.

The usage of which of the following depreciation types can be activated per depreciation area? There are three correct answers. Ordinary depreciation. Special depreciation. Unplanned depreciation. Scheduled depreciation.

You can start the fiscal year change program during the last posting period of the current year. True. False.

You can use index series for indexing the acquisition value and thus calculate a replacement value. True. False.

Depreciation areas are identified in the system by two-character numeric keys. True. False.

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

Which of the following methods does the depreciation key define? There are three correct answers. Multilevel method. Period control method. Base method. Asset sheet valuation method.

Which of the following are posted in the program FAA_DEPRECIATION_POST? There are three correct answers. Ordinary depreciation such as book depreciation or imputed depreciation. Unplanned depreciation. Imputed interest. Parallel APC values.

How many investment support keys must be created if ledgers 0L (IFRS) and 2L (LG) are updated?. 1. 2. 3. 4.

What can be directly assigned to a depreciation area. Ledger. Ledger group. Accounting principle.

All reports allow you to sort and total data in different ways using definable sort criteria. True. False.

Which of the following statements are correct? There are two correct answers. A KPI evaluates a one leading measure from an aggregated management perspective. A Report always contains a simple table or chart based on a single measure only. An Analytical Query prepares the relevant columns and filters for analytical use.

Which of the following functions include the important functions of the SAP List Viewer tool? There are three correct answers. Setting filters. Defining print parameters. Deleting and inserting columns. Calculating totals and subtotals.

Which of the following options are included in the Asset Explorer? There are three correct answers. Drill down to Financial Accounting (FI) document. Post documents. Display depreciation calculation. Drill down to reports.

The asset history sheet is an important and comprehensive year-end or intermediate report. True. False.

The legacy data transfer does not update the balances of the G/L accounts. True. False.

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

The transfer date can be either at the end of the last closed fiscal year or in the fiscal year following the last closed fiscal year. True. False.