Test Total

"Which of the following original Management Accounting objects can you assign in the asset master record? There are 3 correct answers to this question.". a) Cost Center. b) Activity Type. c) Cost element. d) Order.

"What settings can you define specifically for an asset class? There are 3 correct answers to this question.". a) Account determination key. b) Asset under construction category. c) Default transaction type for asset posting. d) Maximum amount for low-value assets. e) Synchronization rules for asset and equipment.

"Which of the following control data is carried by asset classes? There are 3 correct answers to this question.". a) Number range interval. b) Insurance type. c) Account determination. d) Screen layout.

"You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight? There are 2 correct answers to this question.". a) It is impossible to use assets under construction with Investment Management. b) It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction. c) It is possible to post credit memos, even after assets under construction are fully capitalized. d) It is possible to post special tax depreciation and investment support for assets under construction.

"Which attributes should you consider when defining asset number ranges? There are 2 correct answers to this question.". a) Each asset class can have either an internal or external number range. b) Each asset number range has to be assigned to a unique asset class. c) Asset number ranges are defined at chart of depreciation level. d) Asset number ranges are defined for asset classes and are company code specific.

"What do you define when configuring asset classes? There are 3 correct answers to this question.". a) Number ranges. b) Posting keys. c) Account determination. d) Financial statement version. e) Screen layout rules.

"Which system components are directly integrated with asset accounting? There are 3 correct answers to this question.". a) Investment management. b) Quality management. c) Purchasing. d) Bank account management. e) Plant maintenance.

"What are the maintenance levels of a screen layout rule for asset classes? Please choose the correct answer.". a) Asset class, main asset number, subnumber. b) Main asset number, subnumber, depreciation area. c) Asset class, depreciation area, main asset number, group asset. d) Depreciation area, asset class, main asset number, subnumber.

"When making a partial sale, how can you choose to calculate the amount of value reduction for the asset? There are 3 correct answers to this question.". a) By retirement amount. b) By quantity. c) By percentage. d) By posted depreciation. e) By profit (or loss).

"Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line item basis? There are 2 correct answers to this question.". a) Functional area. b) Cost center. c) Profit center. d) Fixed asset.

"In Asset Accounting, which object do you use to handle separate valuation for parallel accounting? Please choose the correct answer.". a) Valuation area. b) Depreciation key. c) Chart of depreciation. d) Depreciation area.

"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.". a) Net book value. b) Deprecation start date. c) Asset class. d) Capitalization date.

"When you post an amount to an asset in the LVA class that is above the threshold for the maximum value, how does the system respond? Please choose the correct answer.". a) The system posts the value up to the LVA threshold and posts the rest to the generated asset subnumber. b) The system produces an error message; for you to post, you must split the asset or post to another asset class. c) You receive a warning message; the asset is posted, but the depreciation key is adjusted to normal depreciation. d) The system adjusts the asset quantity to the value that keeps the asset below the maximum threshold.

"For which kind of asset is the asset main text always prefilled? Please choose the correct answer.". a) Asset super numbers. b) Asset subnumbers. c) Mass-created assets. d) Group assets.

"Which prerequisite must be met by the technical clearing account for integrated asset acquisition? Please choose the correct answer.". a) The account is a reconciliation balance sheet account for fixed assets. b) The account is created for all active company codes of the client. c) The account is a profit-and-loss account that must be open item managed. d) The account is assigned in the asset account determination for each valid depredation area.

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

"How do you identify an asset as an asset under construction? Please choose the correct answer.". a) The asset belongs to a specific asset class. b) The ordinary depreciation start date is empty. c) The asset is assigned to NO depreciation area. d) The asset capitalization date is empty.

"You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA. What are the year-end closing program checks for Asset Accounting? There are 2 correct answers to this question.". a) Fixed asset fiscal year change is complete. b) General ledger and subledgers are closed. c) Assets are complete and error free. d) Depreciation is posted in full.

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

"How can you default a value for the cost center in the entire asset class for buildings? Please choose the correct answer.". a) By changing the assigned tab layout. b) By entering it in default account assignments for the general ledger account. c) By using asset subnumbers. d) By changing the assigned screen layout.

"You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy? Please choose the correct answer.". a) Remove the reference indicator in screen layout maintenance. b) Remove the subnumber indicator in screen layout maintenance. c) Remove the asset class indicator in screen layout maintenance. d) Remove the main asset indicator in screen layout maintenance.

"Your customer wants the values 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.". a) Financial statement version. b) Account determination key. c) Depreciation area. d) Asset class.

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

"Which of the following options are included in the Asset Explorer? There are 3 correct answers to this question.". a) Drill down to Financial Accounting (FI) document. b) Display depreciation calculation. c) Drill down to reports. d) Post documents.

"Which transactions lead to asset capitalization? There are 3 correct answers to this question.". a) Intracompany transfer. b) Assets under construction settlement. c) Nonvaluated goods receipt. d) Valuated goods receipt. e) Purchase order in purchasing.

"Identify some of the fields related to the depreciation area in the asset master record. There are 3 correct answers to this question.". a) Depreciation start. b) Useful life. c) Scrap value. d) Asset description.

"On what basis does the system determine the period for the asset retirement? Please choose the correct answer.". a) Net book value. b) Asset value date (asset retirement date).

"Where do you indicate that the useful life of the asset sub-number is identical to the useful life of the main asset? Please choose the correct answer.". a) In the screen layout of the asset master record. b) In the asset master record of the main asset. c) In the screen layout of the depredation area. d) In the account determination of the asset class.

"On which level are asset classes created? Please choose the correct answer.". a) Client. b) Chart of depreciation. c) Company code. d) Depreciation area.

"What can you do with asset accounting in SAP S/4HANA Finance? There are 3 correct answers to this question.". a) Complete periodic acquisition and production cost adjustments postings. b) Assign separate settlement rules for depreciation areas. c) Define transaction types by depreciation area. d) Post revenue for retirements by acquisition and production cost. e) Simultaneously post separate values by depreciation area.

"Which of the following are the different history sheet groups that each version of asset history sheets can contain? There are 3 correct answers to this question.". a) Imputed interest. b) Reposting. c) Book values at the end of the fiscal year. d) Acquisitions.

"What does the year-end closing program in Asset Accounting do? There are 3 correct answers to this question.". a) It checks whether the depreciation is posted completely for the fiscal year. b) It settles all assets under construction with values and maintained settlement rules. c) It posts all remaining depredation and imputed interest. d) It indicates if any of the created asset master records contain errors or are incomplete. e) It blocks all postings to Asset Accounting for the closed fiscal years.

"What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting? Please choose the correct answer.". a) In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach. b) In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach. c) In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach. d) In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.

"Two assets (belonging to the same company code) post depreciation to different general ledger accounts. What does this mean for the assets? There are 2 correct answers to this question.". a) The assets belong to different asset classes. b) The assets are assigned to separate account determinations. c) The assets post acquisition and production costs values to separate accounts. d) The assets are assigned to separate cost centers.

"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 3 correct answers to this question.". a) Description of the asset. b) License plate number. c) Inventory number. d) Cost center.

"What are the two phases of AuC that are relevant to Asset Accounting? There are 2 correct answers to this question.". a) Accounting phase. b) Assets transfer phase. c) Useful life phase. d) Under-construction phase.

"When you copy an asset, the asset text is copied as well. How can you avoid this? Please choose the correct answer.". a) By changing the assigned tab layout. b) By creating a dummy reference asset with no text. c) By changing the asset class definitions. d) By changing the assigned screen layout.

"When should fiscal year close for asset accounting be carried out? Please choose the correct answer.". a) When the previous fiscal year is closed. b) When the last nonspecial period of the previous year is closed. c) Directly after balance carryforward. d) Directly before balance carryforward.

"Which data sections are part of every asset class? There are 2 correct answers to this question.". a) Depreciation data section. b) Master data section. c) Account determination data section. d) Valuation area data section.

"You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on category, life, and depreciation terms. What configuration step would you initiate to maintain these categories in SAP S/4HANA? Please choose the correct answer.". a) Configure depreciation keys and calculation keys. b) Copy the chart of depreciation and maintain depreciation areas. c) Define general ledger accounts per each category of legacy asset. d) Define asset classes and maintain their attributes.

"Which KPIs can you find on the accounts payables overview page? There are 2 correct answers to this question.". a) Day sales outstanding. b) Collection effectiveness index. c) Aging analysis. d) Cash discount utilization.

"For which type of account is the line item display generally active? Please choose the correct answer.". a) Reconciliation account. b) Customer account. c) Vendor account. d) Special general ledger account.

"You want to define a validation for the combination of general ledger account and cost center. For which call-up point do you define this validation? Please choose the correct answer.". a) Cost of sales accounting. b) Document line. c) Document header. d) Complete document.

"What is the recommended organizational unit for cost-of-sales accounting? Please choose the correct answer.". a) Functional area. b) Sales area. c) Business area. d) Controlling area.

"Which entries do you define when maintaining a G/L account? There are 3 correct answers to this question.". a) Account Type. b) Account group. c) Field status group. d) Ledger assignment. e) Profit center.

"For which of the following special G/L transactions does the SAP S/4HANA application not update the transaction figures? Please choose the correct answer.". a) Noted items. b) Customer account. c) Vendor account. d) Special general ledger account.

"Which object hierarchies can you maintain with the Manage Global Accounting Hierarchy app? There are 3 correct answers to this question.". a) Cost center. b) Segment. c) Internal order. d) Functional area. e) Profit center.

"You are running an international business and you want to set up separate legal entities to run operations and perform accounting activities. Which organizational unit do you need to create for each legal entity? Please choose the correct answer.". a) Company code. b) Segment. c) Controlling area. d) Company.

"What are the parameters to define different technical clearing accounts for integrated acquisition in new asset accounting? There are 2 correct answers to this question.". a) Chart of accounts. b) Chart ofdepreciation. c) Company code. d) Account determination.

"What types of chart of accounts are there? There are 3 correct answers to this question.". a) Organizational chart of accounts. b) Group chart of accounts. c) Functional chart of accounts. d) Country chart of accounts. e) Operational chart of accounts.

"Which of the following organizational units are part of the enterprise structure of financial accounting? There are 3 correct answers to this question.". a) Business area. b) Operating concern. c) Plant. d) Functional area. e) Segment.

"Flat-rate individual value adjustments are valid for which types of accounts? Please choose the correct answer.". a) Customer. b) Assets. c) Materials. d) Supplier.

"What is the relationship between accounts of the operating chart of accounts and the local chart of accounts? Please choose the correct answer.". a) Many operating accounts to one local account. b) One operating account to many local accounts. c) One operating account to one local account. d) Many operating accounts to many local accounts.

"Which of the following account assignments can you configure the system to create complete balance sheet reports for? There are 3 correct answers to this question.". a) Cost center. b) Segment. c) Company code. d) Profit center. e) Profitability segment.

"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.". a) Account number. b) Control fields. c) Consolidation fields. d) Currency fields.

"What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing? Please choose the correct answer.". a) Display. b) Hide. c) Required. d) Optional.

"Which General Ledger account type do you select to perform activity cost allocations? Please choose the correct answer.". a) Primary costs or revenue. b) Secondary costs. c) Balance sheet. d) Non-operating expense or income.

"You are performing a system conversion for a customer that uses classic general ledger with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values? There are 3 correct answers to this question.". a) Standard ledgers. b) Valuation areas. c) Document types. d) Ledger groups. e) Accounting principles.

"Identify some of the checks for archiving G/L accounts (master data). There are 3 correct answers to this question.". a) Has a deletion indicator been set?. b) Are there (still) transaction figures (for example, have they already been archived)?. c) Are there (still) documents?. d) Is the fiscal year closed?.

"On which levels do you maintain data for an integrated customer account? There are 3 correct answers to this question.". a) Sales area. b) General data at the client level. c) Purchasing organization. d) Company code. e) Profitability segment.

"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? There are 2 correct answers to this question.". a) Check to see if the goods were produced by the key date, but have not been invoiced. b) Check to see if the goods were ordered by the key date, but have not been received. c) Check to see if the goods were delivered by the key date, but have not yet been invoiced. d) Check to see if the goods were invoiced by the key date, but have not yet been delivered.

"Which fields in the company code definition of a general ledger account are always required? There are 2 correct answers to this question.". a) Sort Key. b) Account Currency. c) Field Status Group. d) Group Account.

"You forgot to add a new general ledger account into the financial statement version. What impact does this have on the net profit and net loss? Please choose the correct answer.". a) The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation. b) The balance of the new account is added to the non-assigned section and is excluded from the calculation. c) The balance of the new account is added to the non-assigned section and is included in the calculation. d) The balance of the new account is added to the notes in the financial statement item section and is included in the calculation.

"You create a new G/L account. Which G/L account type can you assign? There are 2 correct answers to this question.". a) Assessment Costs. b) Primary Costs or Revenue. c) Secondary Costs. d) Internal Activity Costs.

"You have to map two accounting principles for accounting. Using the accounts approach to parallel valuation in SAP S/4HANA, which ledger must you use? Please choose the correct answer.". a) Leading ledger. b) Special purpose ledger. c) Extension ledger. d) No ledger.

"Your SAP S/4HANA system is integrated with controlling. You perform cost of sales accounting, and you report your profit and loss per profit center. When posting a supplier invoice to a primary cost account, which field is mandatory by standard procedures? Please choose the correct answer.". a) Segment. b) Functional Area. c) Business Area. d) Cost Center.

"What can you achieve by using the head office/branch scenario? Please choose the correct answer.". a) Postings made to the head office also can be paid to the branch account. b) Settings changed for the head office master record will be transferred to the branch account. c) Invoices posted to the branch become open items for the head office. d) Correspondence and dunning letters are printed and sent to both the branch and the head office.

"Which of the following is a difference between data aging and data archiving? Please choose the correct answer.". a) Data aging frees up memory space. b) Data archiving removes data from the database. c) Data archiving has advanced logging capabilities. d) Data aging allows you to retrieve the aged data for analysis.

"What are the steps in the Customizing of data archiving? There are 3 correct answers to this question.". a) Define archiving storage locations. b) Activate data aging objects. c) Perform cross-object Customizing. d) Perform object-specific Customizing. e) Define table partitions.

"Which of the following components make up an archiving object? There are 3 correct answers to this question.". a) Data declaration part. b) Customizing settings. c) Programs. d) Variables.

"What is a reason for performing data archiving? Please choose the correct answer.". a) To have fewer downtime cycles. b) To protect data from being lost. c) To back up data on a separate drive. d) To control hardware requirements.

"Identify the reasons for archiving data. There are 3 correct answers to this question.". a) Improving response times and ensuring good response times. b) Lowering the effort involved in database administration. c) Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups. d) Using data as a backup.

"How can you select to post accrual amounts when customizing the accrual engine? There are 2 correct answers to this question.". a) Post delta amounts. b) Post foreign currencies. c) Post full amounts. d) Post closed periods.

"Which process is automated with purchase order accruals, compared to manual accruals with the accrual engine? Please choose the correct answer.". a) Create accrual object. b) Create opening posting. c) Breakdown accrual amount. d) Start accrual run.

"You are configuring accrual types for the accrual engine. For which postings is account determination required? There are 2 correct answers to this question.". a) Opening and Closing Posting only. b) Opening Posting only. c) Periodic only. d) Closing Posting only.

"What are the features of the Accrual Engine in SAP S/4HANA? There are 2 correct answers to this question.". a) Complex postings with more than two line items are NOT possible. b) The FI reversal is NOT supported. c) The fiscal year variant of the general ledger is supported. d) All currencies of general ledger are supported.

"How can you post accruals? There are 3 correct answers to this question. ". a) Run the depreciation program. b) Use the recurring entry program. c) Execute the periodic accrual run. d) Post manually at the end of a period, quarter, or year. e) Reclassify the receivables and payables.

"Which business scenarios can be handled with accrual and deferral postings? Please choose the correct answer.". a) One-time payment for fixing flooding damage. b) Monthly subscription to a financial newspaper. c) Monthly rent payments for an office building. d) One-time payment for one-year cloud storage service.

"You've mistakenly created your business partner with the wrong business partner category. You've saved the data but haven't made any postings. What can you do to correct this? Please choose the correct answer.". a) Contact the system administrator to change the table entry in the backend. b) Delete the company code assignment for the business partner, correct the category, and reassign the company code. c) Change the setting directly in the business partner master record. d) Create a new business partner using the correct category.

"Which business partner categories are available to manage relationships? There are 2 correct answers to this question.". a) Bank. b) Person. c) Organization. d) Customer.

"At what level is the bank master data stored in SAP S/4HANA? Please choose the correct answer.". a) At client level. b) At company code level. c) At company level. d) At controlling area level.

"Which business partner objects can you define field statuses for? There are 2 correct answers to this question.". a) Role. b) Account group. c) Type. d) Client.

"Which field in the business partner master can you configure so that the document reference is transferred to the line item? Please choose the correct answer.". a) Line Item Text. b) Reference. c) Sort Key. d) Assignment.

"Which business partner characteristic is mapped to the customer and supplier account groups? Please choose the correct answer.". a) Business partner type. b) Business partner category. c) Business partner role. d) Business partner grouping.

"On which levels can you maintain field status controls for business partners (BP)? There are 3 correct answers to this question.". a) Company code. b) Client. c) BP role. d) BP category. e) BP type.

"Which business partner categories does the system support? There are 3 correct answers to this question.". a) Public sector. b) Person. c) Organization. d) Group. e) Agency.

"A vendor is also a customer. The payment program has to clear the open items. Which setting has to be maintained for the business partner? Please choose the correct answer.". a) The account link. b) The same payment method. c) The alternative payer and payee. d) The same bank details.

"You're configuring a new SAP S/4HANA system. What are your options for defining the number range assignments for business partners? Please choose the correct answer.". a) The customer drives the number range used. b) Whichever account is created first drives the number range used. c) The supplier drives the number range used. d) The business partner drives the number range used.

"When creating a bank as a business partner, what roles are assigned to the business partner by default? There are 3 correct answers to this question.". a) Customer. b) General. c) Financial Services. d) Supplier. e) Bank.

"What object determines the number range for business partner master data? Please choose the correct answer.". a) Business partner role. b) Business partner grouping. c) Business partner category. d) Business partner type.

"Which data do you define on the bank master record? There are 2 correct answers to this question.". a) Payment and dunning information. b) Address data and control data. c) Corresponding business area. d) A unique bank country.

"When adding a bank to the bank directory, which field is required? Please choose the correct answer.". a) Company code. b) Opening date. c) Currency. d) Country.

"On which level do you maintain the bank directory? Please choose the correct answer.". a) Profit center. b) Bank area. c) Client. d) Company code.

"Which of the following procedures are available to check the balance of receivables and payables in balance confirmations? There are 3 correct answers to this question.". a) Balance notification. b) Balance request. c) Balance adjustment. d) Balance confirmation.

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

"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? Please choose the correct answer.". a) The balance is shown on the assets side. b) The balance is shown on the liabilities side. c) 0 is shown on the assets side and 30 is shown on the liabilities side. d) 50 is shown on the liabilities side and 80 is shown on the assets side.

"Which standard currency types must be used when configuring the currency settings for company codes? There are 2 correct answers to this question.". a) Group currency. b) Document currency. c) Company code currency. d) Controlling area currency.

"Which of the following standard currency types can you set in customizing activity ""define setting for ledgers and currency type""? There are 2 correct answers to this question.". a) Material Ledger Currency. b) Group Currency. c) Transaction Currency. d) Local Currency.

"What restriction apply when a new currency is introduced for productive company codes and ledgers? There are 2 correct answers to this question.". a) Reconciliation for entities in asset accounting is NOT included. b) New currency tields are NOT updated for existing data. c) Calculated values are NOT added to the ACDOCA. d) Archived data CANNOT be enriched with the new currency.

"You assign currency type of 40 to your company code in ledger 0L. Which source currency types can you select? There are 2 correct answers to this question.". a) Document currency. b) Group currency. c) Company Code currency. d) Controlling area currency.

"You define the type of custom currency Z1 for your company code. What types of currency should be stored in the Data Entry view? There are 2 correct answers to this question.". a) Custom currency type. b) Object currency. c) Company code currency. d) Document currency.

"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.". a) Company code currency. b) Custom currency type Z1. c) Document currency. d) Object currency.

"When a payment in foreign currency clears the amount of the invoice exactly in the foreign currency but in the local currency is more than the invoiced amount, what does the system do? Please choose the correct answer.". a) Post to profit from exchange rate differences. b) Adjust the local currency amount to clear the invoice exactly. c) Leave the amount as an open item to be reconciled with open amounts in the future. d) Return the difference back to the customer.

"Which of the following are standard correspondence types? There are 3 correct answers to this question.". a) Payment proposal. b) Open items list. c) Document journal. d) Payment notice. e) Account statement.

"Which of the following standard correspondence types can you use to exchange information with customers and suppliers? There are 2 correct answers to this question.". a) Invoices. b) Bill of exchange charges statements. c) Payment notices. d) Dunning letters.

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

"What do you configure to allow cross-company-code transactions? There are 2 correct answers to this question.". a) Account types. b) Special G/L indicator. c) Clearing accounts. d) Posting keys.

"Which objects can be posted to by more than one company code? There are 3 correct answers to this question.". a) Segment. b) Sales organization. c) Business area. d) Profit Center. e) Cost center.

"What setting must be identical between the company code and controlling area? Please choose the correct answer.". a) The number of postings and special periods. b) The fiscal year variant key. c) The number otposting periods. d) The number of special periods.

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

"Which of the following assignments can be adjusted for the company code? There are 3 correct answers to this question.". a) Chart of accounts. b) Segment. c) Fiscal year variant. d) Company. e) Leading ledger.

"Why might you define options to have manually allocated item keys for the financial statement version? Please choose the correct answer.". a) To be able to enter an explanatory text for the item key. b) To be able to define if you want to summarize at the item level. c) To be able to assign the same key to two multiple objects. d) To be able to assign functional areas to the items.

"On what level can you assign a fiscal year variant to a company code? Please choose the correct answer.". a) Valuation area. b) Accounting principle. c) Ledger. d) Depreciation area.

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

"What can you manually select to copy when you copy a company code? There are 3 correct answers to this question.". a) Controlling area assignment. b) General ledger account data. c) Document splitting rules. d) Company code currency. e) User profiles and roles.

"Which ledger-specific configuration can you maintain at company code level? There are 2 correct answers to this question.". a) Posting period variant. b) Fiscal year variant. c) Financial statement version. d) Field status variant.

"What are the three basic steps required to define a new company code? There are 3 correct answers to this question.". a) Adjust global parameters. b) Copy existing controlling area. c) Adjust basic and address data. d) Define new segments. e) Copy existing company code.

"In which step of the SAP Financial Closing Cockpit configuration do you define parameters settings for variables of program variants? Please choose the correct answer.". a) Template creation. b) Task list creation. c) Dependency definition. d) Task list release.

"Which of the following are the month-end closing activities for external purposes? There are 3 correct answers to this question.". a) Create external and internal reports. b) Perform foreign currency valuations. c) Close the old period. d) Post goods issues for deliveries to customers.

"Which of the following has to be created and assigned to an organizational structure before the Financial Closing Cockpit can be used? Please choose the correct answer.". a) Flow definitions. b) Programs. c) Subfolders. d) Task list template.

"Your customer- performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing? There are 2 correct answers to this question.". a) Create the asset history sheet for asset accounting. b) Post recurring entries for the general ledger. c) Process bad debt expenses for accounts receivable. d) Perform foreign currency valuation for accounts payable.

"What is the order of configuration within the SAP Financial Closing cockpit? Please choose the correct answer.". a) Create template, create task list, create tasks, define dependencies, release task list. b) Create template, create tasks, define dependencies, create task list, release task list. c) Define dependencies, create template, create tasks, create task list, release task list. d) Create task list, release task list, define dependencies, create template, create tasks.

"Which of the following types of tasks are available in the Financial Closing Cockpit application? There are 3 correct answers to this question.". a) Online transactions. b) Task list template. c) Flow definition. d) Remote tasks.

"What checks does the year-end closing program (RAJABSOO) perform? There are 2 correct answers to this question.". a) Depreciation and asset balances are posted in full. b) Assets are complete and error-free. c) Depreciation lists and the asset history sheet have been checked. d) Last fiscal year has been updated.

"Which items can you clear with the automatic clearing program? Please choose the correct answer.". a) Items with withholding tax entries. b) Bank transaction items. c) Noted items. d) Statistical postings.

"With the automatic clearing program, a user can clear open items for which of the following items? There are 2 correct answers to this question.". a) Subledger accounts. b) Special general ledger indicator. c) Currency. d) General ledger.

"Cleared items contain which of the following pieces of information? There are 2 correct answers to this question.". a) Clearing document number. b) Due date. c) Clearing date. d) Archival information.

"On what level do you assign dunning areas? Please choose the correct answer.". a) Client. b) Functional area. c) Company code. d) Segment.

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

"Which parameter indicates that a line item can only be dunned with restrictions? Please choose the correct answer.". a) Dunning key. b) Dunning block reason. c) Dunning grouping. d) Dunning area.

"Which of the following lists support the dunning clerk’s work? There are 3 correct answers to this question.". a) The dunning list. b) The list of vendor balances in local currency. c) The blocked accounts list. d) The dunning history list.

"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.". a) Change the dunning data of an account. b) Block a line item. c) Change a document. d) Lower the dunning level of an item. e) Block an account.

"Which of the following parameters can you define within a dunning procedure? There are 2 correct answers to this question. ". a) Number of dunning levels. b) Company code. c) Line item grace period. d) Line item total period.

"What dunning-related data do you maintain on the business partner master record? There are 3 correct answers to this question.". a) Dunning procedure. b) Dunning area. c) Dunning interval. d) Dunning block. e) Dunning key.

"When assigning dunning charges to a dunning procedure, what options do you have? There are 2 correct answers to this question.". a) To assign a fixed amount and a percentage. The system posts the smaller of the two amounts. b) To assign a fixed amount without assigning a dunning charge percentage. c) To assign a dunning charge percentage without assigning a fixed amount. d) To assign a fixed amount with assigning a dunning charge percentage.

"Which tasks are stages of dunning execution? There are 2 correct answers to this question.". a) Maintain the dunning parameters. b) Schedule the dunning run. c) Maintain the dunning levels. d) Schedule the dunning intervals.

"There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence. There are 3 correct answers to this question.". a) Maintain the parameters. b) Schedule the dunning run. c) Change the dunning proposal. d) Start the dunning printout.

"How do you configure depreciation areas in SAP S/4HANA? There are 2 correct answers to this question.". a) Assign a ledger group to each depreciation area. b) Assign depreciation area 01 to the leading ledger. c) Ensure each accounting principle is assigned to a depreciation area. d) Ensure depreciation areas always post to the general ledger.

"What is the purpose of the chart of depreciation? Please choose the correct answer.". a) The chart of depreciation facilitates country-specific legal valuation of fixed assets. b) The chart of depreciation substitutes the operational chart of accounts in asset-related postings. c) The chart of depreciation defines the asset classes for which you can create fixed assets. d) The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.

"What is true for assigning charts of depreciation to company codes? Please choose the correct answer.". a) You assign company codes only to charts of depreciation delivered by SAP. b) A company with company codes in multiple countries can use a single chart of depreciation for all. c) All company codes of a single country must be assigned to the same chart of depreciation. d) Each company code can be assigned to a different chart of depreciation.

"The usage of which of the following depreciation types can be activated per depreciation area? There are 3 correct answers to this question.". a) Ordinary depreciation. b) Unplanned depreciation. c) Special depreciation. d) Scheduled depreciation.

"What must you do when you set up depreciation areas? Please choose the correct answer.". a) Define the valid depreciation keys for each depredation area. b) Assign an accounting principle for each depreciation area. c) Assign leading depreciation area 01 to leading ledger OL. d) Define the relevant asset classes for each depreciation area.

"What is true for real depreciation areas? Please choose the correct answer.". a) They can have values calculated from combining other depreciation area values. b) They are set to always post to the general ledger. c) You can post transactions to them independently. d) Each can be assigned multiple currency types.

"What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting? Please choose the correct answer.". a) A Clearing account. b) A Parallel ledger. c) A Ledger group. d) An accounting principle.

"The cross-company code depreciation area is required in which of the following intercompany transfers? Please choose the correct answer.". a) For all intercompany asset transfers. b) For transfers between company codes in different countries. c) For transfers with nonmatching depreciation areas. d) For transfers in which you also change the asset class.

"On which organization unit level do you define a chart of depreciation? Please choose the correct answer.". a) client. b) Chart of accounts. c) Asset class. d) Company code.

"Which statements best describe a chart of depreciation? There are 2 correct answers to this question.". a) A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is. b) A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas. c) A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation. d) A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.

"How can you perform transfers of assets between company codes with different charts of depreciation? Please choose the correct answer.". a) Configure the cross-company depreciation areas in customizing. b) Correct depreciation area assignment in the asset master record after posting. c) Assign the group chart of depreciation to the relevant fixed assets. d) Enter depreciation area mapping during intercompany transfer posting.

"Which of the following methods does the depreciation key define? There are 3 correct answers to this question.". a) Multilevel method. b) Period control method. c) Base method. d) Asset sheet valuation method.

"What is the main differentiating factor of posting a manual accrual document compared to other manual transactions? Please choose the correct answer.". a) Document type. b) Transaction type. c) Reversal reason. d) Reference field.

"You are responsible for configuring document splitting. What are some of the key settings? There are 2 correct answers to this question.". a) Business transaction variant. b) Field status variant. c) Document type. d) Document number range.

"Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this? Please choose the correct answer. ". a) Create two internal number ranges with the same range and assign one each to the relevant document types. b) Create two external number ranges with the same range and assign one to each of the relevant document types. c) Create a substitution rule that updates the document number based on the range you assign in the rule definition. d) Enter the same document number range in the customizing definition of both document types.

"What does the document splitting do? Please choose the correct answer.". a) It enriches all revenue account lines with the defined splitting characteristics. b) It enriches all relevant balance sheet account lines with the defined splitting characteristics. c) It enriches all secondary cost element account lines with the defined splitting characteristics. d) It enriches all profit and loss account lines with the defined splitting characteristics.

"On which level is the document parking workflow variant assigned? Please choose the correct answer.". a) Company code. b) Profit center. c) Company. d) Business partner.

"How can you differentiate the document parking workflow process on the business partner level? Please choose the correct answer.". a) Assign different workflow release group. b) Assign different payment method. c) Assign different responsible organization unit. d) Assign different business partner groupings.

"For which of the following can you park documents? There are 2 correct answers to this question.". a) General ledger accounts. b) Material accounts. c) Customer accounts. d) Sales invoices.

"On which levels can you maintain useful life for documents of a company code in the context of data aging? There are 2 correct answers to this question.". a) Document type. b) Profit center. c) Account type. d) Number range interval.

"What does the document type control? There are 2 correct answers to this question.". a) Whether exchange rate difference is permitted. b) Which posting keys are allowed for postings. c) Which account types are allowed for postings. d) Whether negative postings are permitted.

"What fields do you have to enter to make a document reversal? There are 2 correct answers to this question.". a) Document Type. b) Posting Date. c) Reversal Reason. d) Document Date.

"On which levels can you activate document splitting? There are 2 correct answers to this question.". a) Company code level. b) Document type level. c) Client level. d) Ledger level.

"Why would you choose to implement the document parking workflow for journal entry verification, compared to the general journal entry verification process? Please choose the correct answer.". a) You do not use SAP Fiori. b) You need to define two-level verification. c) You are running SAP S/4HANA 1610. d) You do not know how to configure the new functionality.

"What are the differences between holding and parking documents? There are 2 correct answers to this question.". a) The held document can be incomplete. b) The held document doesn't have a document number assigned. c) The parked document is considered for financial statements. d) The parked document can trigger workflow processes.

"You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request? There are 2 correct answers to this question.". a) G/L account. b) Document type. c) Account group. d) Posting key.

"It is common for companies to receive invoices for the previous fiscal year at the beginning of the new fiscal year. Which dates must have the same fiscal year in the document entry? Please choose the correct answer.". a) Document date and posting date. b) Posting date and asset value date. c) Posting date and entry date. d) Document date and asset value date.

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

"What does assigning a screen variant during document entry do? Please choose the correct answer.". a) It defaults values for fields in the document header. b) It defaults values for fields in the document line item. c) It changes the fields that are ready for entry in the document header. d) It changes the fields that are ready for entry in the line items.

"Which of the following fields can be configured as changeable in a document header? Please choose the correct answer.". a) Document Type. b) Posting Date. c) Document Date. d) Document Reference.

"Which date defines the period a document can be posted to? Please choose the correct answer.". a) Posting date. b) Entry date. c) Document date. d) Valuation date.

"Where is the billing document created? Please choose the correct answer.". a) Financial Accounting. b) Materials Management. c) Accounting. d) Sales and Distribution.

"Which of the following statements are valid for financial document number ranges? There are 3 correct answers to this question.". a) Financial document number ranges defined at client level should NOT overlap. b) Financial document number ranges are defined at company code level. c) The same financial document number range can be assigned to several document types. d) All financial document number ranges can contain numbers and/or letters. e) Financial document number ranges must be defined for the year in which they are used.

"Which fields can you edit before posting a parked document? There are 3 correct answers to this question.". a) Amount. b) Account. c) Document type. d) Posting date. e) Currency.

"Identify the fields that cannot be changed while changing parked documents. There are 3 correct answers to this question.". a) Company code. b) Document type or document number. c) Currency. d) Account assignment objects.

"What do you define when you create a new document type? There are 2 correct answers to this question.". a) Posting keys for the document type. b) Reasons for reversal. c) Account types allowed for posting. d) Number range for the document type.

"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.". a) You have to use external number assignment. b) You have to use continuous number assignment. c) You have to use internal number assignment. d) You can use internal, external, or continuous number assignment.

"Which document splitting setting for the segment characteristic will ensure that no document line will be posted without a segment? Please choose the correct answer.". a) Mandatory field. b) Passive split. c) Inheritance. d) Zero balance.

"Which of the following fields can be changed in the document header? There are 2 correct answers to this question.". a) Reference number. b) Document header text. c) Document date. d) Currency exchange rate.

"Which field cannot be changed during document posting for the one-time customer? Please choose the correct answer.". a) Customer Name. b) Customer Number. c) Customer Industry. d) Customer Country.

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

"Which stage of the sales process creates documents for both Materials Management and Financial Accounting? Please choose the correct answer.". a) Shipping - delivery creation. b) Shipping - goods issue. c) Billing. d) Sales order creation.

"Which of the following are default items assigned to every financial statement version? There are 3 correct answers to this question.". a) Profit and loss results. b) Liabilities and equity. c) Noted items. d) Liquid funds. e) Assets.

"At which levels can validations and substitutions for financial accounting be defined? There are 3 correct answers to this question.". a) Header. b) Line item. c) Universal Journal. d) System data. e) Complete document.

"Within the line items of FI documents, what does the posting key control? There are 3 correct answers to this question.". a) Whether the item is posted as a debit or credit. b) The account type to which the line item can be posted. c) The account group to which the line item can be posted. d) The field status of additional details. e) Whether the item is posted with reference to primary or secondary cost element.

"You want to specify the financial statement version for asset reports in Customizing. Where do you need to assign the financial statement version? Please choose the correct answer.". a) To each company code. b) To each accounting principle. c) To each chart of depreciation. d) To each depreciation area.

"What steps are required to create a substitution in financial accounting? There are 3 correct answers to this question.". a) Choose the area of application GL. b) Select the correct call point. c) Activate the substitution rule. d) Assign the substitution rule to the controlling area. e) Define the substitution rule with its different steps using the formula editor.

"What kind of automated checks are available for the financial statement version? There are 2 correct answers to this question". a) Check for duplicate item keys. b) Check for accounts assigned to one side only. c) Check the financial statement notes for non-noted item accounts. d) Check for incorrectly assigned accounts.

"What types of data are maintained for a house bank? There are 2 correct answers to this question.". a) Data medium exchange (DME) details. b) payment signatories. c) Overdraft limit. d) General Ledger account.

"What is defined in the bank account connectivity path settings? Please choose the correct answer.". a) Relevant profit center and segment. b) Payment approvers for workflows. c) House bank account ID details. d) Business partner assigned to the bank.

"You have been asked to set up house banks as part of the implementation. What information do you need? There are 3 correct answers to this question.". a) Payment method. b) Bank master data. c) Supplier account. d) Company code. e) General ledger account.

"What is the secondary cost general ledger account type used for? Please choose the correct answer.". a) To post activities that aren’t from the main businesses of the company. b) To post cost Controlling account assignments statistically for fixed asset and material accounts. c) To post internal cost allocations in management accounting. d) To post to two cost controlling account assignments at the same time.

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

"Which values can be posted to a specific ledger? There are 3 correct answers to this question.". a) Accruals. b) Depreciation. c) Payments. d) Taxes. e) Currency valuation.

"Which statements best describe extension ledgers in SAP S/4HANA? There are 2 correct answers to this question.". a) Multiple extension ledgers can point to the same underlying ledger. b) Extension ledgers can have different currencies than the underlying ledger. c) Extension ledgers can be assigned their own fiscal year variant. d) Extension ledgers can be assigned their own posting period variant.

"You are getting ready to post your first simple general ledger document using the SAP Fiori app for posting in a test environment. What configuration items do you need to set up to post a simple document? There are 2 correct answers to this question.". a) Tax types and tax codes must be maintained. b) Line item text templates must be maintained. c) Number range and document types must be maintained. d) Posting period variant must be created and assigned.

"Which of the following statements apply to the special general ledger types of noted items? There are 3 correct answers to this question.". a) Noted items are posted to an alternative reconciliation account. b) The account for the offsetting entry is selected automatically. c) No special general ledger indicators of your own can be created of this type. d) No postings are made on an offsetting account. e) No zero-balance check is made in the system.

"Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? There are 2 correct answers to this question.". a) Contigure delta depreciation areas to no longer post to the general ledger. b) Convert accounts of parallel valuations to asset reconciliation accounts. c) Define the document type for the accounting-principle-specific-documents. d) Assign accounting principles to all real and derived depreciation areas.

"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.". a) Company area level. b) Business area level. c) Segment level. d) Client level.

"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.". a) Change company code data. b) Change account descriptions. c) Change client level data. d) Change chart of accounts data.

"What account types can you use to classify general ledger accounts in SAP S/4HANA? There are 3 correct answers to this question.". a) Secondary costs. b) Non-operating expense or income. c) Field status group. d) Balance sheet. e) Reconciliation accounts.

"Which of the following special G/L transactions are noted items? There are 2 correct answers to this question.". a) Bill of exchange payment request. b) Guarantee of payment. c) Down payment. d) Down payment request.

"A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this? There are 2 correct answers to this question.". a) Select the Record Account Assignment indicator. b) Set the G/L account type to Non-operating Expenses or income. c) Define the G/L account as an asset reconciliation account. d) Enter value 90 in the cost element category field.

"Which fields in the company code definition of a general ledger account are always required? There are 2 correct answers to this question.". a) Account Currency. b) Group Account. c) Field Status Group. d) Sort Key.

"What sort of special general ledger types exist? There are 3 correct answers to this question.". a) Free offsetting entries. b) Automatic offsetting entries (statistical). c) Final payments. d) Other types. e) Noted items.

"You need to use foreign currency valuation in the ledger solution. Which objects must you define in Customizing? There are 3 correct answers to this question.". a) Account determinations. b) Accounting principles. c) Simulation extension ledger. d) Valuation areas. e) Value adjustment keys.

"For which activities can you use an extension ledger? There are 2 correct answers to this question.". a) Simulation of foreign currency valuation. b) Adjustments for consolidation purposes. c) Configuration of custom fields for financial statements. d) Parallel valuation of depreciation areas.

"Which of the following are the characteristics included in general ledger drilldown reports? There are 3 correct answers to this question.". a) Total debit balance. b) Company code. c) Business area. d) Segment.

"Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting line? There are 2 correct answers to this question.". a) Definition of validation rules. b) BAdI implementation (FAGL_DERIVE_SEGMENT). c) Standard account assignment using constants. d) Assignment of default segments to G/L accounts.

"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? Please choose the correct answer.". a) Area Does Not Post. b) Area Posts in Real Time. c) Area Posts Depreciation Only. d) Area Posts APC Immediately, Depreciation Periodically.

"You indicate that you're posting to the ledger group of an extension ledger. How many ledgers are updated? Please choose the correct answer.". a) It depends on the ledgers grouped in the ledger group. b) The leading ledger and the extension ledger. c) The extension ledger and the underlying ledger. d) Only the extension ledger.

"When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question.". a) When an account has a zero balance. b) When an account is set up as a cost element. c) When an account is required for clearing. d) When an account is used as a reconciliation account.

"Identify the steps performed during the general ledger closing operations for the fiscal year. There are 3 correct answers to this question.". a) Foreign currency documents are valuated. b) Accruals are carried out. c) The balance carry forward program is run. d) Vendor invoices are posted.

"What data do you maintain in the chart of accounts sections of a General Ledger account? Please choose the correct answer.". a) Consolidation data. b) User data. c) Authorization data. d) Reconciliation data.

"Which information is checked by the system before a general ledger account k archived? Please choose the correct answer.". a) The assigned group account is already archived. b) The Blocked for Posting indicator is set in master data. c) The Mark for Deletion indicator is set in master data. d) The Open item Management indicator is set in master data.

"Which objects can define the maximum length of a general ledger account? There are 2 correct answers to this question.". a) Account group. b) Account type. c) Chart of accounts. d) Field status group.

"For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L. Which special G/L type do you recommend? Please choose the correct answer.". a) Statistical postings. b) Noted items. c) Bill of exchange. d) Free offsetting entries.

"A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR. Which currencies can you post to in this account? Please choose the correct answer.". a) You can only post to the account in CAD, USD, and EUR. b) You can only post to the account in CAD. c) You can only post to the account in CAD and USD. d) You can only post to the account in USD.

"Which of the following statements best describe a noted item? There are 2 correct answers to this question.". a) It updates the subledger and the general ledger. b) It can be used to remind the user about due payments. c) It has an automatic statistical offsetting entry. d) It can be accessed by the payment program.

"You have an invoice for transport expenses for your assets under construction. These expenses can be capitalized per IFRS but not in the local GAAP. What is the best way to handle this? Please choose the correct answer.". a) Post the invoice twice: once as an expense to the local ledger group and once more to IFRS. b) Post the invoice to assets under construction, and, after settlement, post a partial scrapping for the local depreciation area. c) Post the invoice to a clearing account and clear it per ledger group (capitalize for IFRS, expense for local GAAP). d) Post the invoice to the assets under construction and manage settlement per depreciation area.

"You have to run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles. How can you set this up in the system? Please choose the correct answer.". a) Define two valuation areas and two accounting principles with relevant links to ledgers. b) Define two valuation methods and assign the accounting principles to the new valuation methods. c) Define a valuation area and extension ledger to link with the new valuation area. d) Define a valuation area and ledger group for two ledgers to link with the new valuation area.

"What can you enter in the header section of the Post Outgoing Payments app? There are 3 correct answers to this question.". a) Bank fees. b) Payment terms. c) Customer. d) Discount amount. e) Value date.

"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.". a) Company code segment. b) Purchasing organization segment. c) Sales area segment. d) Client level segment.

"What do you define in Customizing for the payment program? There are 3 correct answers to this question.". a) Forms for the payment media. b) Allowed currencies. c) Bank determination. d) Exchange rate type. e) Payment run ID.

"What is the correct order of steps when configuring the payment programs? Please choose the correct answer.". a) All company codes, bank determination, paying company codes, payment methods in country, payment methods in company code. b) All company codes, payment methods in country, paying company codes, payment methods in company code, bank determination. c) All company codes, paying company codes, payment methods in country, payment methods in company code, bank determination. d) All company codes, paying company codes, payment methods in State, payment methods in company code, bank determination.

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

"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.". a) Maintain open item selection parameters. b) Review the payment proposal exception list. c) Define maximum amounts to be paid per supplier. d) Rank bank accounts for payment.

"Which of the following are possible reasons that an invoice would not be paid? There are 3 correct answers to this question.". a) An invalid house bank is selected. b) The payment amount is less than the minimum amount specified for a payment. c) The discount period has expired. d) The invoice has a debit balance.

"What do you define in payment terms? There are 2 correct answers to this question.". a) Cash discount. b) Tolerance days. c) Posting key. d) Due date specification.

"Which data can you edit in the payment proposal? There are 3 correct answers to this question.". a) Invoice amount. b) Payee. c) Cash discount. d) House bank. e) Payment block.

"Which configuration can you use to define separate payment terms for the same terms of payment key? Please choose the correct answer.". a) Installment payment. b) Country. c) Company code. d) Day limit.

"What is required to enable the payment approval process in cash operations? There are 3 correct answers to this question.". a) Create rule to require signature. b) Create scenario without approval. c) Define signature methods for approvals. d) Define a grouping method for the rule you defined. e) Create a rule for approvals.

"Which of the following steps are parts of the process of configuring the payment program? There are 3 correct answers to this question.". a) Configure the G/L account field status for document entry. b) Configure the paying company codes. c) Configure the house banks. d) Configure the payment methods for each company code.

"You need to enter a percentage rate in the terms of payment to calculate _____ Please choose the correct answer.". a) Invoice discount. b) Credit amount. c) Debit amount. d) Cash discount.

"Down payments received reduce the total of which of the following entities? Please choose the correct answer.". a) Bank balance. b) Inventory. c) Receivables. d) Payables.

"What can you change for items that are in the exceptions list of the payment proposal? There are 3 correct answers to this question.". a) Payment block. b) Reason code. c) Payment method. d) Payment term. e) Bank selection.

"Which fields of a financial accounting document influence the automatic payment program? There are 3 correct answers to this question.". a) Payment type. b) Payment term. c) Payment advice. d) Payment method. e) Payment block.

"When you post a payment for an invoice, how does the system derive the splitting characteristics? Please choose the correct answer.". a) Active document splitting. b) Inheritance. c) Passive document splitting. d) Default assignment.

"Which of the following activities does the system perform during the payment run? There are 3 correct answers to this question.". a) The system exports a list of documents to be paid. b) The system makes postings to the G/L and AP/AR subledgers. c) The system clears open items. d) The system supplies the print programs with necessary data.

"When you post a manual incoming payment, which parameters are valid for all payment documents? There are 2 correct answers to this question.". a) Residual item. b) Journal entry type. c) Tolerance group. d) Bank account.

"How does the system behave when an invoice is processed as a residual payment? Please choose the correct answer.". a) The payment difference is written off. b) The original document and payment are cleared. c) The payment difference is posted to a different account. d) All documents remain in the account as open items.

"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.". a) Bank determination. b) Payment terms. c) Paying company codes. d) Special G/L indicators.

"What are the results when you post an outgoing partial payment? There are 2 correct answers to this question.". a) A payment is created with reference to the invoice. b) The initial invoice remains open. c) A payment block is set on the invoice. d) The initial invoice is cleared.

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

"In the integrated scenario for down payments, in what step of the process do you enter the down payment information? Please choose the correct answer.". a) Purchase order creation. b) Invoice verification. c) Down payment monitoring. d) Goods receipt creation.

"What is controlled by the terms of payment? There are 3 correct answers to this question.". a) Setting for net procedure. b) Default payment method. c) Determination of the baseline date. d) Account for cash discount received. e) Allowed account type.

"You’ve agreed to terms of payment with a business partner that is a customer and a supplier. The same terms are to be used both ways (incoming and outgoing). You’ve defined a new terms of payment key, but when trying to update the supplier business partner role, you don’t find the payment term available to select. What must you do? Please choose the correct answer.". a) Change the field status of the business partner role to make the payment terms an optional field. b) Maintain the account type in the terms of payment. c) Create a new payment term for the supplier business partner role. d) Enter the payment term manually during invoicing.

"You want to configure the default baseline date for the payment terms of an incoming invoice. From which date can you derive the baseline date? There are 3 correct answers to this question.". a) Goods receipt date. b) Posting date. c) Entry date. d) Value date. e) Document date.

"A business partner is both a customer and a supplier. The customer has a sizable open amount unpaid. You want to make sure that the payment program posts no outgoing payments to the business partner until he has paid part of the outstanding amount. How can you do this? Please choose the correct answer.". a) Assign a central purchasing block in the general business partner role details. b) Assign an overall payment block in the general business partner role details. c) Assign a payment block in the supplier business partner role details. d) Assign a payment block in the customer business partner role details.

"At which point is the down payment request created in the integrated down payment process with purchasing? Please choose the correct answer.". a) Goods receipt. b) Invoice verification. c) Purchase order. d) Purchase requisition.

"You receive a payment for an invoice that is smaller than the owed amount. How can you manage payment differences in the Post Incoming Payments app? There are 2 correct answers to this question.". a) Reject payment. b) Partial payment. c) Residual item. d) Change due date.

"What are the reasons to perform regrouping of receivables and payables? There are 3 correct answers to this question.". a) To simplify and speed up dunning selection processing. b) To group payables and receivables based on the due dates. c) To display receivables and payables separately. d) To align amounts on accounts with changed reconciliation accounts. e) To prioritize balance confirmation printing by postal code.

"In the payment method settings for the company code, what options do you have for payment optimization? There are 2 correct answers to this question.". a) Optimization by discount. b) Optimization by bank group. c) Optimization by due date. d) Optimization by postal code.

"A customer payment was received. An open item does NOT exist for the payment. How can you post the payment? Please choose the correct answer.". a) Create a down payment. b) Create a residual item. c) Post payment on account. d) Post partial payment.

"A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Please choose the correct answer.". a) The one in the line item with the largest amount. b) The system prompts for the user to assign one. c) The one assigned to the tolerance group. d) The one in the first line item.

"Your customer uses a posting period variant with special periods, and you need to allow specific users to post in these specials periods. What do you assign in the posting period variant? Please choose the correct answer.". a) An authorization group to period interval 1. b) An authorization group to period intervals 2 and 3. c) An authorization group to period interval 2. d) An authorization group to period intervals 1 and 2.

"What is the purpose of period interval 3 when you define open and closed periods? Please choose the correct answer.". a) It is used for posting from CO to FI. b) It is used for the authorization object for posting periods. c) It is used for special period posting. d) It is used for period lock in special purpose ledger.

"In SAP S/4HANA, on which levels can you maintain open posting periods? There are 2 correct answers to this question.". a) Posting period variant. b) Fiscal year variant. c) Segment. d) Controlling area.

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

"Which of the following retirement types is referred to as scrapping? Please choose the correct answer.". a) Unplanned depreciation of remaining value. b) Complete integrated asset retirement. c) Complete retirement with revenue but without customer. d) Partial retirement without revenue and without customer.

"When items aren’t automatically assigned for intercompany reconciliation (ICR), how do you perform reconciliation? There are 2 correct answers to this question.". a) Use SAP Leonardo machine-learning algorithms. b) Use an automated assignment rule. c) Match items manually. d) Export line item reports for each affiliate.

"Which of the following are the steps of Intercompany reconciliation? There are 3 correct answers to this question.". a) Manual reconciliation and communication. b) Document selection and data storage. c) Automatic presentation of reconciled and non-reconciled data. d) Automatic assignment of documents.

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

"Which activities can you perform with a recurring journal entry? There are 2 correct answers to this question.". a) Create monthly postings on any date of a month. b) Determine the number of postings. c) Obtain an overview of related future postings. d) Set rules to distribute amounts to be posted.

"Which values can you define as prerequisites for triggering the general journal entry verification workflow? There are 3 correct answers to this question.". a) Cost center. b) Account group. c) Target company code. d) Profit center. e) Source company code.

"What checks can you perform from the Audit Journal app? There are 3 correct answers to this question.". a) Display journal entry changes. b) Check gaps in journal entry numbering. c) Check nonbalancing accounts. d) Check multireferenced invoices. e) Display journal entry warnings.

"What options does a processor for a general journal entry submitted for verification have? There are 3 correct answers to this question.". a) Reject. b) Submit. c) Park. d) Delete. e) Approve.

"Which statement best describes the normal reversals functionality? Please choose the correct answer.". a) Executes an inverse posting by resetting the transaction figures. b) Executes the inverse posting of a cleared document before resetting it. c) Executes an inverse posting by increasing the transaction figures. d) Executes a transfer posting by resetting the transaction figures.

"Which of the options are types of user fields? There are 2 correct answers to this question.". a) Asset Super Number. b) Evaluation Group. c) Serial Number. d) Group Asset.

"Which of the following parameters are controlled by the screen layout? There are 3 correct answers to this question.". a) Reference. b) Number range. c) Maintenance level. d) Field selection.

"How does SAP S/4HANA reduce system complexity and improve system efficiency? There are 2 correct answers to this question.". a) By removing views of data at runtime from the same source tables. b) By removing application code that deals with aggregates and indexes. c) By providing application code that deals with aggregates and indexes. d) By providing views of data at runtime from the same source tables.

"What data is migrated during a system conversion? Please choose the correct answer.". a) Only company codes flagged as productive with all years. b) All company codes for the years you specity. c) Only company codes and years selected in the customizing for migration. d) All company codes with all data of all years.

"Which activities are supported by the regrouping program of receivables and payables? There are 2 correct answers to this question.". a) Regrouping and clearing open items for affiliated companies on customers and vendors. b) Grouping receivables and payables by their remaining life. c) Regrouping open items based on changed reconciliation accounts. d) Regrouping of receivables and payables to accrual earnings or expense.

"Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects? Please choose the correct answer.". a) Analytical. b) Configuration. c) Transactional. d) Fact sheet.

"Which closing activities are used in external reporting as per SAP best practices? There are 2 correct answers to this question.". a) Update product cost estimates. b) Reclassify receivables and payables. c) Perform valuations of open items in foreign currency. d) Execute the plan cost center assessment cycle.

"Which KPIs can you find on the accounts payables overview page? There are 2 correct answers to this question.". a) Collection effectiveness index. b) Aging analysis. c) Cash discount utilization. d) Day sales outstanding.

"In which object do you define which SAP Fiori apps a user can use? Please choose the correct answer.". a) Fiori default values. b) Fiori tile group. c) Fiori tile catalog. d) Fiori app library.

"You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution? There are 2 correct answers to this question.". a) Check. b) Replacement. c) Message. d) Prerequisite.

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

"Which of the following functions include the important functions of the SAP List Viewer tool? There are 3 correct answers to this question.". a) Defining print parameters. b) Setting filters. c) Calculating totals and subtotals. d) Deleting and inserting columns.

"You use the search in your SAP Fiori launchpad to loop up information for a cost center. What kind of app is used for the information shown in the search results? Please choose the correct answer.". a) List. b) Analytical. c) Transactional. d) Factsheet.

"Which program is used to enter accruals and deferrals regularly? Please choose the correct answer.". a) Devising program. b) Recurring entry program. c) Ledger grouping. d) Compact document journal.

"When setting up the system, you want to maintain default values for users of a company code. Which application do you use? Please choose the correct answer.". a) User Maintenance. b) Maintain User Profile. c) Default Values (SAP Fiori).

"Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system? There are 3 correct answers to this question.". a) Switch on the data aging business function. b) Define the logical file path as a global path for data aging. c) Add required authorizations for data aging to your role. d) Activate data aging for your company code. e) Activate aging on SAP HANA.

"SAP HANA makes extensive use of which high-speed hardware technology to offer more speed? Please choose the correct answer.". a) Multicore CPUs. b) Solid-State Drives (SSDs). c) Graphic Processing Units (GPUs). d) Read-only memory.

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

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

"Which field can you change on a posted invoice? Please choose the correct answer.". a) Tax code. b) Payment terms. c) Cost center. d) Special G/L indicator.

"Which edition of SAP S/4HANA introduced the universal journal? Please choose the correct answer.". a) SAP Business Suite powered by SAP HANA. b) SAP S/4HANA 1511. c) SAP S/4HANA Cloud. d) SAP S/4HANA Finance 1503.

"Your customer wants to use data aging for the universal journal. Which criteria can you use to decide which data is moved to the historical partition? There are 2 correct answers to this question.". a) Document type. b) Ledger. c) Account type. d) Company code.

"You start your first sandbox migration and get a lot of errors. How are errors in an SAP S/4HANA migration handled? There are 2 correct answers to this question.". a) All errors related to closed years can be ignored. b) Errors must be clarified, and uncritical errors can be ignored. c) All errors must be corrected during migration to complete it. d) Critical errors must be resolved in the production system before Go Live.

"Which reporting tools are available with SAP S/4HANA embedded analytics? There are 2 correct answers to this question.". a) KPI modelling apps. b) SAP Analytics Cloud. c) SAP Analysis for Microsoft Office. d) Query Browser.

"What kind of customization can users do on their launchpad? There are 2 correct answers to this question.". a) Change the names of tiles. b) Change the icons on tiles. c) Create their own tile groups. d) Change the name of tile groups.

"Which deployment options exist for SAP S4HANA? There are 3 correct answers to this question.". a) Agile deployment. b) Central hub deployment. c) Hybrid deployment. d) On-premise deployment. e) Cloud deployment.

"Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA? Please choose the correct answer.". a) SAP S/4HANA with Central Finance. b) SAP S/4HANA Finance. c) SAP S/4HANA on-premise. d) SAP S/4HANA Cloud.

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

"Which data model is used for SAP S/4HANA? Please choose the correct answer.". a) Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables. b) Online analytical processing (OLAP) that is based on aggregated tables and indexes. c) Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP) for Cloud deployments. d) Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system.

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

"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.". a) You can adapt the Iaunchpad color theme according to predefined values for the cash report. b) You can create an app to take you directly to the cash position of the North American business market. c) You can create access to relevant apps for the North American accounts payable group that reports to you. d) You can create a tile group with all the apps required for your daily business for easy access.

"What items are NOT cleared by the automatic clearing program? There are 3 correct answers to this question.". a) Items with withholding tax. b) Items with value added tax. c) Items with sales and use tax. d) Noted items. e) Statistical postings.

"To which object do you assign valuation methods? Please choose the correct answer.". a) Accounting principle. b) Valuation area. c) Valuation procedure. d) Account assignment.

"For which of the following transactions can you use noted items? Please choose the correct answer.". a) Late payment. b) Vendor payment. c) Down payment request. d) Customer payment.

"To reduce the load on the system, what should you do with the older documents that exist in the database? Please choose the correct answer.". a) Archive and delete. b) Backup and delete. c) Extract and delete. d) Delete.

"What are the basic definitions you make for validations? There are 3 correct answers to this question.". a) Message. b) Check. c) Rule. d) Prerequisite. e) Set.

"Where can an SAP Fiori end user change the theme of their launchpad? Please choose the correct answer.". a) In the Me area of the launchpad. b) In the Tile Group area of the launchpad designer. c) In the Tile Catalog area of the launchpad designer. d) In the UI theme designer.

"What are the key components of the Intelligent Enterprise by SAP? There are 2 correct answers to this question.". a) Intelligent technologies. b) Hybrid cloud. c) Digital platform. d) Seamless integration.

"What is the main motivation for creating rules for substitutions and validations? Please choose the correct answer.". a) Simpler definition tools. b) Reuse in multiple steps. c) Not bound by Boolean logic. d) Additional fields available.

"The SAP HANA database relies on which of the following technologies for storing data? There are 3 correct answers to this question.". a) In-memory. b) Aggregation. c) Indexing. d) Columnar store. e) Compression.

"For which of the following tasks must you always indicate manual task completion? Please choose the correct answer.". a) Notes. b) Programs. c) Transactions. d) Flow definitions.

"What are some of the personalization options available to users in their SAP Fiori launchpad environment? There are 3 correct answers to this question.". a) Users can add applications for filtered report results. b) Users can remove applications that they do NOT use. c) Users can remove devices that they do NOT use. d) Users can add new devices from the catalog assigned to them. e) Users can add applications from the catalog assigned to them.

"How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answers to this question.". a) You can assign more than 3 valuations to the same ledger. b) You can assign profit center, group, and legal valuations to the same ledger. c) You can assign each valuation to a separate ledger. d) You can assign more than 3 valuations to different ledgers, if you have enough ledgers defined.

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

"What technology did SAP leverage to eliminate aggregate tables from the SAP S/4HANA system while maintaining compatibility with many legacy programs? Please choose the correct answer.". a) Columnar store. b) Compatibility views. c) Data aging. d) Indices.

"What should you do to set up a new exchange rate type in SAP S/4HANA? There are 2 correct answers to this question.". a) Specify the direct or indirect quotation. b) Set up the relationship between currencies using conversion rates. c) Specify a purpose for the exchange rate. d) Maintain exchange rates daily.

"In which application areas can you use validation? There are 2 correct answers to this question.". a) Cost Accounting. b) Profit Center Accounting. c) Asset Accounting. d) Materials Management.

"Which of the following are SAP Fiori design principles? There are 2 correct answers to this question.". a) Role-based. b) Routine. c) Rational. d) Responsive.

"Which prerequisites must be fulfilled before you can use negative postings? There are 2 correct answers to this question.". a) The company code must permit negative postings. b) The reversal reason must allow negative postings. c) The reversal reason must allow alternative posting dates. d) The posting key must permit negative posting.

"What types of objects are maintained separately per client? There are 3 correct answers to this question.". a) ABAP programs. b) Transactional data. c) Master data. d) Function modules. e) Organizational units.

"In a valuation method, which of the following is not a valuation approach for foreign currency valuation? Please choose the correct answer.". a) Lowest value principle. b) Strict lowest value principle. c) Revalue only. d) High rate of interest principle.

"What are the pillars of the SAP Fiori user experience paradigm? There are 3 correct answers to this question.". a) Responsive. b) Simple. c) Role-based. d) User-based. e) Vibrant.

"You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad. What can you create to achieve this? Please choose the correct answer.". a) Your own financial statement version. b) Your own application group. c) Your own application catalog. d) Your own application tile.

"What is the name of the leading ledger that SAP provides with the standard system? Please choose the correct answer.". a) 1L. b) 0L. c) 3L. d) 2L.

"Your customer doesn't want to implement profitability analysis, not even account-based, because the company doesn't understand its value. Which argument would you use to persuade the customer? Please choose the correct answer.". a) Down payment integration can be performed with sales and distribution. b) Profit and loss statements can be analyzed by sales-specific characteristics. c) Balance sheets can be analyzed by sales-specific characteristics. d) Sales orders can be forecasted as liquidity items in cash flow reports.

"You want to develop a substantial enhancement for the purchase-to-pay process in your SAP S/4HANA system. Where does SAP recommend you perform this enhancement? Please choose the correct answer.". a) SAP S/4HANA core. b) SAP Fiori. c) SAP Leonardo. d) SAP Cloud Platform.

"Which of the following logistic processes are involved in asset acquisition with materials management (MM)? There are 3 correct answers to this question.". a) Goods receipt. b) Purchase requisition. c) Inventory receipt. d) Purchase order.

"How does the SAP HANA architecture improve SAP S/4HANA system performance? Please choose the correct answer.". a) SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime. b) SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code. c) 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. d) SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed.

"What are some of the benefits of SAP S/4HANA? There are 2 correct answers to this question.". a) The data is summarized into higher levels of aggregates to help system performance. b) The data is available in real time at line item detail. c) The data is analyzed after it is extracted and loaded in the reporting system. d) The data is aggregated on the fly from any line item table.

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

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

"Which of the following statements best describe how core data services (CDS) are developed? Please choose the correct answer.". a) They are developed in the ABAP layer of the SAP S/4HANA system by the Analytics end user. b) They are developed in the SAP HANA database layer by the IT user. c) They are developed in the ABAP layer of the SAP S/4HANA system by the IT user. d) They are developed in the SAP HANA database layer by the Analytics key user.

"Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HANA. What system configuration options are available for the customer within the convened system? There are 2 correct answers to this question.". a) Implementation of additional currency type. b) Implementation of additional ledgers for parallel accounting. c) Implementation of chart of accounts conversion. d) Implementation of document splitting.

"A user wants to add an application to his SAP Fiori home page but can’t find it in the App Finder. What does the admin have to do? Please choose the correct answer.". a) Add the corresponding tile catalog to the tile group. b) Assign the corresponding SAP Fiori tile group to the user. c) Add the tile to a tile group already assigned to the user. d) Assign the corresponding SAP Fiori tile catalog to the user.

"When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? Please choose the correct answer.". a) Goods receipt. b) Creation of purchase order. c) Invoice receipt.

"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.". a) Specify a purpose for the exchange rate type. b) Specify the direct or indirect quotation. c) Set up the relationship between currencies using translation ratios. d) Maintain exchange rates daily.

"What are the benefits of public cloud deployments of SAP S/4HANA? There are 2 correct answers to this question.". a) IT cost savings. b) Increased customizing flexibility. c) One-time license investment. d) Always up to date.

"Which of the following is an example of an automatic offsetting entry? Please choose the correct answer.". a) Posting of a guarantee of payment. b) Down payment request. c) Bank posting of a received down payment.

"What must you do to create new validations and substitutions? There are 2 correct answers to this question.". a) Select the relevant call-up point. b) Choose the chart of accounts. c) Define the area of application. d) Deactivate all former validations and substitutions.

"You execute a report based on the location and are missing an asset. What might have happened? There are 2 correct answers to this question.". a) The asset has been fully depreciated. b) The equipment assigned to the asset was moved. c) The asset was sold to a customer. d) The asset was partially scrapped.

"For which special G/L indicator do you specify a target special G/L indicator? Please choose the correct answer.". a) Vendor down payment request. b) Bill of exchange. c) Guarantee given. d) Customer down payment.

"Which field status has the lowest priority (G/L accounts)? Please choose the correct answer.". a) Required entry. b) Optional entry. c) Hide. d) Display.

"Which component of the framework for the intelligent enterprise includes SAP Leonardo? Please choose the correct answer.". a) Digital platform. b) Intelligent suite. c) Intelligent technologies. d) Machine learning.

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

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

"What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)? There are 3 correct answers to this question.". a) Code line. b) Upgrade intervals. c) User experience. d) Data model. e) Configuration scope.

"When creating a general ledger account and there are conflicting field statuses, which field status has the highest priority? Please choose the correct answer.". a) Required. b) Suppress. c) Optional. d) Display.

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

"Which of the following is the first step in the variant principle? Please choose the correct answer.". a) Define variant. b) Determine values for the variant. c) Assign the variant to the objects. d) Create multiple variants.

"Which of the following are posted in the program FAA_DEPRECIATION_POST? There are 3 correct answers to this question.". a) Ordinary depreciation such as book depreciation or imputed depreciation. b) Unplanned depreciation or other manually planned depreciation. c) Imputed interest. d) Parallel APC values.

"Which types of stock is best suited to a moving average price (MAP) valuation? Please choose the correct answer.". a) Third party. b) Raw materials. c) Work in process (WIP). d) Finished goods.

"What is defined with the fiscal year variant? There are 2 correct answers to this question.". a) Number of fiscal periods in a year. b) Start and end dates of the fiscal year. c) Start and end dates of the calendar year. d) Open and closed fiscal periods.

"The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps? Please choose the correct answer.". "a) Item selection Dun account Dun line items". "b) Account selection Item selection Dun line items". "c) Item selection Dun line items Dun account". "d) Account selection Dun line items Dun account".

"Which currency valuation program is replaced by FAGL_FCV? Please choose the correct answer.". a) SAPF130K. b) FAGL_FC_VALUATION. c) SAPF100. d) FAGL_VALUATION.

"Which SAP technological product provides the platform required for SAP to support the digital transformation of an organization? Please choose the correct answer.". a) SAP HANA. b) SAP CRM. c) SAP Fiori. d) SAP NetWeaver.

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

"What is the purpose of the reorganization of segments? There are 2 correct answers to this question.". a) Enables segment deletion. b) Enables merge of segments. c) Enables segment derivation. d) Enables segment reassignments.

"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.". a) Account level. b) Organization level. c) Company code. d) Client level.

"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.". a) Sequence of steps. b) Tax code. c) Country key. d) Condition type. e) Account or transaction key.

"How does SAP S/4HANA support the treatment of taxes? There are 3 correct answers to this question.". a) It performs tax adjustments for cash discounts and other forms of deductions. b) It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities. c) It performs the adjustment to the tax codes and automatically updates the procedure. d) It posts the tax amount to tax accounts. e) It checks the tax amount entered and automatically calculates the tax.

"What do you define for a tax code? There are 2 correct answers to this question.". a) Tax percentage rates. b) Fixed tax amount. c) Tax relevant accounts. d) Valid tax types.

"The government announces that it plans to change the basic VAT tax percentage from 20% to 18%. What do you have to do in the system to comply? Please choose the correct answer.". a) Create new tax codes with the 18% percentage for input tax. b) Change the tax percentage for existing input tax codes to 18%. c) Change the tax percentage for input and output tax codes to 18%. d) Create new tax codes with the 18% percentage for input and output tax.

"Which dates can you use for tax calculation? There are 2 correct answers to this question.". a) Posting date. b) Due date. c) Entry date. d) Document date.

"Which of the following tolerance groups should every company code always have? Please choose the correct answer.". a) Special. b) Defined. c) Blank. d) Named.

"What can you control with the tolerance group? There are 3 correct answers to this question.". a) Maximum tax amount. b) Maximum permitted payment differences. c) Maximum amount per open item. d) Maximum amount per document. e) Maximum exchange rate deviation.

"You are posting an incoming payment against an invoice. Which document values does the user tolerance group control? There are 2 correct answers to this question.". a) The cash discount percentage allowed for the complete document. b) The cash discount amount (absolute value) allowed for a line item. c) The total amount (sum of all line items) allowed to be posted. d) The payment amount allowed for each customer open item.

"Identify the three types of tolerances in accounting. There are 3 correct answers to this question.". a) Employee tolerance groups. b) G/L account tolerance groups. c) Special account tolerance groups. d) Customer/vendor tolerance groups.

"Delta postings can execute revaluation. Determine whether this statement is true or false. Please choose the correct answer.". a) True. b) False.

"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. Please choose the correct answer.". a) False. b) True.

"True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter of required scope. Please choose the correct answer.". a) False. b) True.

"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. Please choose the correct answer.". a) True. b) False.

"The deletion flag is one of the requirements that the system checks before archiving the master data. Determine whether this statement is true or false. Please choose the correct answer.". a) False. b) True.

"You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false. Please choose the correct answer.". a) True. b) False.

"The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false. Please choose the correct answer.". a) True. b) False.

"Financial statement versions consist of a maximum of 10 hierarchy levels. Determine whether this statement is true or false. Please choose the correct answer.". a) False. b) True.

"True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it. Please choose the correct answer.". a) True. b) False.

"True or False: The only version of the public cloud edition of SAP S/4HANA a customer can be on is the latest released version. Please choose the correct answer.". a) False. b) True.

"True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser. Please choose the correct answer.". a) True. b) False.

"You can compare text patterns in your statements using the keyword LIKE. Determine whether this statement is true or false. Please choose the correct answer.". a) False. b) True.

"True or False: In an environment of systems using SAP HANA, you can perform both OLAP and OLTP processing without duplication of the data for the SAP BW and SAP ERP systems. Please choose the correct answer.". a) True. b) False.

"A message can contain up to six fields. Determine whether this statement is true or false. Please choose the correct answer.". a) True. b) False.

"If there is no entry or if a runtime value is empty, the system uses a minimum runtime of 999 days. Determine whether this statement is true or false. Please choose the correct answer.". a) True. b) False.

"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. Please choose the correct answer.". a) True. b) False.

"The SAP Business Workflow ________ process dimensions. Please choose the correct answer.". a) Four. b) Three. c) Five. d) Two.

"Your company code is assigned to two standard ledgers and one extension ledger. You post an invoice with one expense line item with a 10% VAT (sales) tax. How many line items are updated in the Universal Journal (table ACDOCA)? Please choose the correct answer.". a) 2. b) 3. c) 6. d) 4.

"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? Please choose the correct answer.". 1) 3. 2) 5. 3) 1. 4) 4.

"A maximum of how many special/valuation periods can be open at the same time? Please choose the correct answer.". 1) 4. 2) 16. 3) 1. 4) 2.

"What is the maximum dunning level that can be assigned to a dunning procedure? Please choose the correct answer.". 1) 7. 2) 9. 3) 11. 4) 1.

"Your company code is assigned to a leading ledger, two additional normal ledgers, and one extension ledger. How many carryforwards must be executed? Please choose the correct answer.". 1) 3. 2) 8. 3) 4. 4) 1.

"What type of architecture does SAP Business Workflow use? Please choose the correct answer.". a) Four-tier. b) Single-tier. c) Two-tier. d) Three-tier.

"How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)? Please choose the correct answer. ". 1) 12. 2) 16. 3) 2. 4) 3.

"How many custom currency types can you assign to a company code/ledger combination? Please choose the correct answer.". 1) 6. 2) 12. 3) 8. 4) 10.

"In addition to the local and global currency in the universal journal, how many freely defined currencies can you assign per company code and ledger. Please choose the correct answer.". 1) 8. 2) 3. 3) 5. 4) 10.

"You configured Asset Accounting for your company code with three depreciation areas that post in real time and corresponding depreciation areas to track group currency values. When you post an external acquisition, how many documents are created? Please choose the correct answer.". 1) 3. 2) 6. 3) 1. 4) 4.

"You've negotiated payment terms that include three installment payments with your customer. How many terms of payment must you define? Please choose the correct answer.". a) 3. b) 2. c) 1. d) 4.

"In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application to post integrated asset acquisitions, how many documents will the system post? Please choose the correct answer.". 1) 1. 2) 2. 3) 3. 4) 4.

"What is the maximum number of steps possible in validation? Please choose the correct answer.". a) 199. b) 999. c) 566. d) 99.

"Your customer operates 20 company codes in 10 different countries and three continents. What is the minimum number of clients you must configure in the SAP S/4HANA system to depict this scenario? Please choose the correct answer.". a) 3. b) 10. c) 20. d) 1.

"How many separate period intervals are there to control open posting periods? Please choose the correct answer.". a) 2. b) 3. c) 1. d) 4.

"For general ledger account posting, which one of the following standard posting keys is for debit? Please choose the correct answer.". a) 01. b) 50. c) 40. d) 31.

"You use the lowest-value valuation method with active delta logic. Your open item was posted at 200 units of foreign currency, which originally translated to 100 units of local currency, and in the previous period it was 98 units. In the preceding foreign currency valuation run, the program posted a value of -1 currency units. What was the value in local currency units at the time of valuation? Please choose the correct answer.". a) 99. b) 97. c) 98. d) 101.

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

"An online test run for depreciation is limited to how many assets? Please choose the correct answer.". a) No Limit. b) 100. c) 1000. d) 10,000.

"How many cash discount periods can be entered in the terms of payment? Please choose the correct answer.". a) 5. b) 3. c) 2. d) 8.

"Your company code is assigned to two standard ledgers and one extension ledger. You post an invoice with one expense line item with a 10% VAT (sales) tax. How many line items are posted in the document entry view (table BSEG)? Please choose the correct answer.". a) 3. b) 6. c) 2. d) 4.

"What is the format of a company code key? Please choose the correct answer.". a) Two-digit alphanumeric. b) Four-digit alphanumeric. c) Six-digit alphanumeric. d) Eight-digit alphanumeric.

"In the trial balance report that is based on line items, how many fields can you select to report on? Please choose the correct answer.". a) Around 50. b) Fixed for 10. c) More than 100. d) More than 500.