TS4F01 F01_01_EN

1.-SAP S/4 HANA can run on a SAP HANA Data Base only. TRUE. FALSE.

2.-What are the business benefits of SAP S/4HANA Finance. Reduce system complexity. Single source of truth in the line item level. Over all reporting across financial applications. Automatic update of custom application to SAP S/4HANA standard.

1.-What is the format of company code Key?.

2.-What is the name of the leading ledger provides with the standard System?. 0L. 1L. 2L. 3L.

3. - The variant principle is used in SAP S/4 HANA to assign particular properties to one or more objects, how many steps does the variant principle have?. 4. 5. 3. 6.

4.-Which of the following is the first step in the variant principle?. Define variant. Define values for the variant. Assign variant to the company code.

5.-The fiscal year variant contains the number of posting periods, and special periods. TRUE. FALSE.

6.-The fiscal year variant specifies a period as open or closed. TRUE. FALSE.

7. If the fiscal year differs from the calendar year, but the posting periods correspond to calendar months, then the day limit for February should be 29 to take leap years in to consideration.

7. If the fiscal year differs from the calendar year, but the posting periods correspond to calendar months, then the day limit for February should be 29 to take leap years in to consideration. TRUE. FALSE.

8. - When are year- specific fiscal year variants used?.

9.-In SAP S/4 Hana (FI) currencies are defined using.

1. - A chart of accounts must be assigned to every company code for which accounts are to be setup. TRUE. FALSE.

2.- Which of the following information is entered in the chart of accounts segment of aG/L account?. Account number. Control fields. Consolidation. Currency fields.

3. - To use an account from the assigned chart of accounts in your company code, you must create a company code segment for the account. TRUE. FALSE.

4.-In a balance sheet account the balance is Carrie forward to a retained earnings account and the balance sheet account is set to zero. TRUE. FALSE.

5.- Name the segments that are parts of G/L accounts.

6.-Which field status has the lowest priority G/L accounts ?. Required entry. Hide. Optional entry. Display.

7. - All postings to the sub ledger accounts are automatically posted to the assigned reconciliation accounts. TRUE. FALSE.

8.-When you create a G/L account SAP S/4 HANA uses the company codes local currency as the default account currency. TRUE. FALSE.

9. - Which of the following options can you use to change the G/L account master data using collective processing?. Change chart of accounts Data. Change company code Data. Change client level Data. Change account description.

10.- Different accounts of one operational chart of accounts can refer to the same group account. TRUE. FALSE.

11.- The country chart of accounts number (alternative account number) is entered in every chart of account segment. TRUE. FALSE.

12.- You can save a segment in the master data of a profit center. TRUE. FALSE.

13.- in many business cases, particularly in logistics you have to enter the segment manually. TRUE. FALSE.

14.-The profit center is the best object from which segments can be uniformly derived. TRUE. FALSE.

15.- Segments have a time references. TRUE. FALSE.

16.- Segments are assigned to hierarchy. TRUE. FALSE.

17.- It is possible to assign the same segment to multiple profit centers. TRUE. FALSE.

18.- On which level the systems stores the general data of a customer or vendor that can be assessed throughout the whole organization. Organization level. Client level. Company code level. Account level.

19.- In financial accounting, after the customer or vendor account is created, you can no longer change the account group. TRUE. FALSE.

20.-A one time account master record contains information about a specific customer or vendor. TRUE. FALSE.

21.-Customer and vendor accounts can’t use the same number ranges. TRUE. FALSE.

22. - The field status entries in individual areas such as client, business partner role, business partner type and activity complete with each other and the field status with highest priority is used. TRUE. FALSE.

1. - Fiscal year variant defines the number of periods in the fiscal year. TRUE. FALSE.

2. - Document types are created at company code level. TRUE. FALSE.

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

4.- In external number assignment, the numbering must be numeric. TRUE. FALSE.

5. - A number range can only be assigned to a single document type. TRUE. FALSE.

6. - For general ledger account posting which one of the following standard posting is for Debit. 01. 31. 40. 50.

7. - You can only use posting keys for assets and materials if the corresponding SAP components are active. TRUE. FALSE.

8. - it is possible for several company codes to use the same posting period variant. TRUE. FALSE.

9. - If you do not assign user to any special tolerance group then the entries in the default tolerance group are valid for them. TRUE. FALSE.

10. - you can create as many tolerance groups as you need. TRUE. FALSE.

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

12.- You can post a normal document entry transaction only if the account balance is zero. TRUE. FALSE.

1. - Displaying a document in the entry view and the general ledger view is possible with S/4 HANA. TRUE. FALSE.

2. - You can assign different document splitting procedures to different client company codes. TRUE. FALSE.

3.-Parameter IDS allow use is to set default values for fields such as company code and currency. TRUE. FALSE.

4. - SAP S/HANA. Provides basic default values for document entry, for example, the current date are proposed as the posting date, you are not allowed the change this proposed date. TRUE. FALSE.

5.-Identify the criteria that usually different rate between document change rules. Open items. Account type. Asset class. Company code.

6. - Which of the following fields can be changed in the document header?. References number. Document header text. Document date. Currency exchange rate.

7. - Based on the documents change rules user may only be able to change certain fields in the document that they have already posted. TRUE. FALSE.

8. - Name two possible ways for reversing a document in SAP S/4 HANA. Normal reversal posting. Reversal by negative posting. Normal reverse. Reversal.

9. - What are the prerequisites for processing negative postings. 1) The company code must allow negative posting 2) The reversal reason must defined for negative reversal. Company code. Reversal reason. Allow reversal posting.

10. - When you reverse a document, you must enter a reason for reversal. TRUE. FALSE.

11.- You can reverse documents that contain cleared items. TRUE. FALSE.

12.- You can reverse documents by using either normal reversal posting or negative posting. TRUE. FALSE.

13. - The reversal reason determines whether the reversal day may differ from the original posting. TRUE. FALSE.

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

15.-The baseline date is the starting date that the application uses to calculate the invoice due date. TRUE. FALSE.

16.- In the which of the following segments of customer or vendor master record an you enter the terms of payment?. Company code segment. Client level segment. Sales area segment. Purchasing organization segment.

17. - Day limits enable date- specific terms of payment key. TRUE. FALSE.

18. - SAP S/4HANA only supports the net procedure for customers. TRUE. FALSE.

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

20.- The tax codes used for the tax calculation procedure required to perform taxation on the SAP system. TRUE. FALSE.

21.- The taxes calculated by the system are usually posted via a separate line item to a special tax account. TRUE. FALSE.

22.- SAP S/4 HANA links the document belonging to one cross- company code transactions with a common cross- company code transaction number. TRUE. FALSE.

23. - In the configuration of SAP S/4HANA, you must always assign clearing accounts to every possible combination of company codes. TRUE. FALSE.

1. - An example of an open item is an incomplete business transaction, such as an invoice that has not been paid. TRUE. FALSE.

2. - A clearing transaction always creates a clearing document. TRUE. FALSE.

3. - The clear account transaction can be performed manually or automatically using the clearing program. TRUE. FALSE.

4.- It is possible to archive documents that have open items. TRUE. FALSE.

5. - Cleared items, contain which of the following process of information. Clearing document number. Due date. Clearing date. Archival information.

6.- with the automatic clearing program, a user can clear open items for which of the following items. General ledger. Sub ledger accounts. Currency. Special general ledger.

7. - When you perform a manually payment process you can overwrite the cash discount amount. TRUE. FALSE.

8. - The assignment field can be a combination of up to six fields with a maximum of 10 characters. TRUE. FALSE.

9. - When you reset clearing, SAP S74 HANA removes the clearing data from the line items?. TRUE. FALSE.

10. - Identify the three types of tolerances in accounting. Employee tolerance group. G/L Tolerance group. Customer/ Vendor tolerance group. Special account tolerance group.

11. - If the difference is too high to be immaterial, you must manually process it. TRUE. FALSE.

12. - You must assign a revenue or expense account to all reconciliation accounts and all general ledger accounts with open items transaction in foreign currency. TRUE. FALSE.