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C_TS4FI_1809 , Egy

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Title of test:
C_TS4FI_1809 , Egy

Description:
Ahmed Saad Exam For Finance

Author:
AVATAR

Creation Date:
09/02/2020

Category:
Others
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Content:
What type of architecture does SAP Business Workflow use? Choose the correct answer. Single-tier Two-tier Three-tier Four-tier.
What is the maximum number of steps possible in validation? Choose the correct answer. 999 566 199 99.
Identify the fields that cannot be changed while changing parked documents. Choose the correct answers. (3) Currency Account assignment objects Company code Document type or document number.
When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset? Choose the correct answers. (3) Description of the asset Inventory number Cost center License plate number.
Which of the following steps are parts of the process of configuring the payment program? Choose the correct answers. Configure the paying company codes Configure the payment methods for each company code Configure the G/L account field status for document entry Configure the house banks.
Identify some of the fields related to the depreciation area in the asset master record. Choose the correct answers. 3 Asset description Scrap value Useful life Depreciation start.
How many intervals are defined for the foreign currency valuation run ID per client? Choose the correct answer. 1 3 0 2.
What is the first step in the reconciliation process? Choose the correct answer. Present reconciled and non-reconciled data Collect data from different companies Communicate differences.
Which of the following are posted in the program FAA_DEPRECIATION_POST? Choose the correct answers. (3) Parallel APC values Unplanned depreciation or other manually planned depreciation Ordinary depreciation such as book depreciation or imputed depreciation Imputed interest.
Identify the reasons for archiving data. Choose the correct answers. (3) Lowering the effort involved in database administration. Using data as a backup. Improving response times and ensuring good response times. Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups.
Which of the following options are included in the Asset Explorer? Choose the correct answers. (3) Drill down to Financial Accounting (Fl) document. Drill down to reports. Post documents. Display depreciation calculation.
You need to enter a percentage rate in the terms of payment to calculate_ . Choose the correct answer. Cash discount Debit amount Invoice discount Credit amount.
Where is the billing document created? Choose the correct answer. Materials Management Financial Accounting Accounting Sales and Distribution.
For which of the following can you park documents? Choose the correct answers. 2 Sales invoice Customer accounts Material accounts General ledger accounts.
Which of the following original Management Accounting objects can you assign in the asset master record? Choose the correct answers. (3) Cost element Activity type Cost center Order.
Which of the following are the steps of Intercompany reconciliation? Choose the correct answers. 3 Automatic presentation of reconciled and non-reconciled data Automatic assignment of documents Manual reconciliation and communication Document selection and data storage.
Which of the following procedures are available to check the balance of receivables and payables in balance confirmations? Choose the correct answers. 3 Balance adjustment Balance notification Balance request Balance confirmation.
Which of the following parameters are controlled by the screen layout? Choose the correct answers. (3) Maintenance level Field selection Reference Number range.
Which of the following objects are relevant to the dunning program configuration? Choose the correct answers. (3) Expenses or charges Dunning levels Minimum amounts Bank selection.
What is the format of a company code key? Choose the correct answer. Eight-digit alphanumeric Two-digit alphanumeric Four-digit alphanumeric Six-digit alphanumeric.
Which of the following activities does the system perform during the payment run? Choose the correct answers. 3 The system makes postings to the G/L and AP/AR subledgers. The system clears open items. The system supplies the print programs with necessary data. The system exports a list of documents to be paid.
Down payments received reduce the total of which of the following entities? Choose the correct answer. Bank balance Receivables Inventory Payables.
Which of the following is the first step in the variant principle? Choose the correct answer. Define variant Create multiple variants Assign the variant to the objects Determine values for the variant.
A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Choose the correct answer. The one in the line item with the largest amount The one assigned to the tolerance group The one in the first line item The system prompts for the user to assign one.
What is the name of the leading ledger that SAP provides with the standard system? Choose the correct answer. 3L 0L IL 2L.
Which of the following logistic processes are involved in asset acquisition with materials management (MM)? Choose the correct answers. (3) Goods receipt Inventory receipt Purchase order Purchase requisition.
For which of the following transactions can you use noted items? Choose the correct answer Vendor payment Down payment request Late payment Customer payment.
Which of the following control data is carried by asset classes? Choose the correct answers. (3) Account determination Number range interval Screen layout Insurance type.
Which of the following statements are correct? Choose the correct answers. 2 A task can be assigned only one possible processor. A company code can be assigned several workflow variants. The same workflow variant can be assigned to several company codes. It is possible to design multilevel workflow sequences.
Which of the following can you use for multiple programs with variants that are to be processed automatically? Choose the correct answer. Online transactions Task list template Flow definition Remote tasks.
Which of the following steps are parts of the process of configuring the payment program? Choose the correct answers. (3) Configure the paying company codes Configure the house banks Configure the G/L account field status for document entry Configure the payment methods per company code.
Which of the following fields can be changed in the document header? Choose the correct answers. (2) Reference number Document date Document header text Currency exchange rate.
Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization? Choose the correct answer. Account level Client level Company code Organization level.
Which of the following is an example of an automatic offsetting entry? Choose the correct answer Posting of a guarantee of payment Down payment request Bank posting of a received down payment.
Which of the following activities does the system perform during the payment run? Choose the correct answers. ( 3 ) The system clears open items. The system exports a list of documents to be paid. The system supplies the print programs with necessary data. The system makes postings to the G/L and AP/AR subledgers.
How many cash discount periods can be entered in the terms of payment? Choose the correct answer. 2 5 3 8.
Identify some of the checks for archiving G/L accounts (master data). Choose the correct answers. (3) Are there (still) transaction figures (for example, have they already been archived)? Is the fiscal year closed? Are there (still) documents? Has a deletion indicator been set?.
Which two reports should you use to create correspondence to and from customers and vendors to enable you to verify the balance of receivables and payables? Choose the correct answers. SAPF130D SAPF130K SAPF130L SAPF130E.
Which field status has the lowest priority (G/L accounts)? Choose the correct answer. Required entry Display Optional entry Hide.
For which of the following special G/L transactions does the SAP S/4HANA application not update the transaction figures? Choose the correct answer. Noted items Customer account Special general ledger account Vendor account.
With the automatic clearing program, a user can clear open items for which of the following items? Choose the correct answers. (2) Currency Subledger accounts General ledger Special general ledger indicator.
Which of the following tolerance groups should every company code always have? Choose the correct answer. Named Defined Special Blank.
Which of the following are possible reasons that an invoice would not be paid? Choose the correct answers. (3) The payment amount is less than the minimum amount specified for a payment. An invalid house bank is selected. The invoice has a debit balance. The discount period has expired.
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? Choose the correct answer. 1 3 5 4.
Which of the following are the different history sheet groups that each version of asset history sheets can contain? Choose the correct answers. 3 Acquisitions Reposting Book values at the end of the fiscal year Imputed interest.
Which of the following methods does the depreciation key define? Choose the correct answers. (3) Multilevel method Period control method Base method Asset sheet valuation method.
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? Choose the correct answer. Goods receipt Creation of purchase order Invoice receipt.
Which of the following statements is correct for external number assignment (manual posting)? Choose the correct answer. The number is entered by the user. The number is the last document number. The number is automatically assigned. The number must be assigned in a sequence.
The SAP Business Workflow has_ process dimensions. Choose the correct answer. Two Three Four Five.
Which of the following types of tasks are available in the Financial Closing Cockpit application? Choose the correct answers. Flow definition Online transactions Remote tasks Task list template.
Identify the callup points that have been provided for Financial Accounting (F1). Choose the correct answers. (2) Controlling area Organizational unit Document header Document line.
Which of the following has to be created and assigned to an organizational structure before the Financial Closing Cockpit can be used? Choose the correct answer. Task list template Flow definitions Programs Subfolders.
The usage of which of the following depreciation types can be activated per depreciationb area? Choose the correct answers. (3) Special depreciation Unplanned depreciation Ordinary depreciation Scheduled depreciation.
In which of the following segments of a customer or vendor master record can you enter the terms of payment? Choose the correct answers. (3) Company code segment Purchasing organization segment Sales area segment Client level segment.
Identify the steps performed during the general ledger closing operations for the fiscal year. Choose the correct answers. 3 Foreign currency documents are valuated. The balance carry forward program is run. Vendor invoices are posted. Accruals are carried out.
For which type of account is the line item display generally active? Choose the correct answer. Reconciliation account Customer account Special general ledger account Vendor account.
For which of the following can you park documents? Choose the correct answers. (2) Customer accounts Sales invoices Material accounts General ledger accounts.
Cleared items contain which of the following pieces of information? Choose the correct answers. (2) Clearing date Clearing document number Archival information Due date.
In stock valuation, which of the following groups of stocks are valuated? Choose the correct answers. 3 Goods invoiced Finished goods Work in process Raw materials, supplies, and consumables.
Which of the following activities does the system perform during the payment run? Choose the correct answers. (3) The system exports a list of documents to be paid. The system makes postings to the G/L and AP/AR subledgers. The system supplies the print programs with necessary data. The system clears open items.
What sort of special general ledger types exist? Choose the correct answers. 3 Noted items Automatic offsetting entries (statistical) Free offsetting entries Final payments Other types.
Which is the first step in the procedure of making down payments in the customer area? Choose the correct answer Customer invoice Down payment request Down payment received Clearing.
Which of the following are the month-end closing activities for external purposes? Choose the correct answers. 3 Create external and internal reports Post goods issues for deliveries to customers Perform foreign currency valuations Close the old period.
Identify the three types of tolerances in accounting. Choose the correct answers. 3 Employee tolerance groups Special account tolerance groups G/L account tolerance groups Customer/vendor tolerance groups.
In a valuation method, which of the following is not a valuation approach for foreign currency valuation? Choose the correct answer. Lowest value principle Revalue only Strict lowest value principle High rate of interest principle.
For which of the following transactions can you use noted items? Choose the correct answer. Down payment request Late payment Customer payment Vendor payment.
Which of the following are the characteristics included in general ledger drilldown reports? Choose the correct answers. 2 Business area Total debit balance Segment Company code.
What are the two phases of AuC that are relevant to Asset Accounting? Choose the correct answers. (2) Under-construction phase Assets transfer phase Useful life phase Accounting phase.
Which program is used to enter accruals and deferrals regularly? Choose the correct answer. Devising program Ledger grouping Recurring entry program Compact document journal.
A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Choose the correct answer The one in the line item with the largest amount The system prompts for the user to assign one The one assigned to the tolerance group The one in the first line item.
Which of the following options can you use to change the G/L account master data using collective processing? Choose the correct answers. (3) Change company code data Change client level data Change account descriptions Change chart of accounts data.
What checks does the year-end closing program (RAJABSOO) perform? Choose the correct answers. 2 Depreciation lists and the asset history sheet have been checked. Assets are complete and error-free. Depreciation and asset balances are posted in full. Last fiscal year has been updated.
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels? Choose the correct answers. 2 Segment level Business area level Client level Company area level.
Which of the following original Management Accounting objects can you assign in the asset master record? Choose the correct answers. 3 Cost element Activity type Order Cost center.
Identify fields that cannot be changed while changing parked documents. Choose the correct answers. 3 Company code Document type or document number Currency Account assignment objects.
Which of the following are possible reasons that an invoice would not be paid? Choose the correct answers. (3) The invoice has a debit balance The payment amount is less than the minimum amount specified for a payment An invalid house bank is selected The discount period has expired.
Which of the following functions include the important functions of the SAP List Viewer tool? Choose the correct answers. (3) Defining print parameters Deleting and inserting columns Calculating totals and subtotals Setting filters.
Identify some of the fields related to the depreciation area in the asset master record. Choose the correct answers. (3) Scrap value Depreciation start Useful life Asset description.
What sort of special general ledger types exist? Choose the correct answers. (3) Noted items Final payments Free offsetting entries Other types Automatic offsetting entries (statistical).
Identify the reasons for archiving data. Choose the correct answers. 3 Lowering the effort involved in database administration. Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups. Using data as a backup. Improving response times and ensuring good response times.
Which of the following components make up an archiving object? Choose the correct answers. Programs Variables Data declaration part Customizing settings.
For general ledger account posting, which one of the following standard posting keys is for debit? Choose the correct answer. 50 40 31 01.
Which of the following is an example of an automatic offsetting entry? Choose the correct answer. Down payment request Posting of a guarantee of payment Bank posting of a received down payment.
Which is the first step in the procedure of making down payments in the customer area? Choose the correct answer. Down payment request Down payment received Clearing Customer invoice.
There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence. Maintain the parameters. Schedule the dunning run. Change the dunning proposal. Start the dunning printout.
Which currency valuation program is replaced by FAGL_FCV? Choose the correct answer. SAPF130K FAGL_FC_VALUATION SAPF100 FAGL_VALUATION.
Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data? Choose the correct answers. (3) For a large quantity of legacy data, use batch input procedure (program RAALTD01) For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface For a very large quantity of legacy data, use the direct input procedure (program RAALTD11) For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT For a small quantity of legacy data, use AS100.
Which of the following components make up an archiving object? Choose the correct answers. (3) Programs Customizing settings Variables Data declaration part.
What is the maximum dunning level that can be assigned to a dunning procedure? Choose the correct answer. 11 9 7 1.
Which of the following objects are relevant to the dunning program configuration? Choose the correct answers. 3 Dunning levels Minimum amounts Expenses or charges Bank selection.
Which of the following statements apply to the special general ledger types of noted items? Choose the correct answers. (3) No zero-balance check is made in the system. Noted items are posted to an alternative reconciliation account. No postings are made on an offsetting account. No special general ledger indicators of your own can be created of this type. The account for the offsetting entry is selected automatically.
To reduce the load on the system, what should you do with the older documents that exist in the database? Choose the correct answer. Archive and delete Backup and delete Extract and delete Delete.
Which of the following statements are correct? Choose the correct answers. (2) A task can be assigned only one possible processor. The same workflow variant can be assigned to several company codes. It is possible to design multilevel workflow sequences. A company code can be assigned several workflow variants.
Which of the following information is entered in the chart of accounts segment of a G/L account? Choose the correct answers. (3) Consolidation fields Control fields Account number Currency fields.
Identify the criteria that usually differentiate between document change rules. Choose the correct answers. (2) Account type Company code Asset class Open items.
Which of the following parameters can be changed on a time-dependent basis? Choose the correct answers. (3) Depreciation key Useful life (year or period) Variable depreciation portion Depreciation start date.
On what basis does the system determine the period for the asset retirement? Choose the correct answer. Net book value Asset value date (asset retirement date).
Which of the following statements apply to the special general ledger types of noted items? Choose the correct answers. 2 No special general ledger indicators of your own can be created of this type. No postings are made on an offsetting account. The account for the offsetting entry is selected automatically. Noted items are posted to an alternative reconciliation account. No zero balance check is made in the system.
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? Choose the correct answers. 2 Check to see if the goods were delivered by the key date, but have not yet been invoiced. Check to see if the goods were produced by the key date, but have not been invoiced. Check to see if the goods were ordered by the key date, but have not been received. Check to see if the goods were invoiced by the key date, but have not yet been delivered.
Which functions allow you to temporarily save the entered data? Choose the correct answers. (2) Parking function Hold function Insert function Save function.
Which of the following methods does the depreciation key define? Choose the correct answers. 3 Asset sheet valuation method Period control method Multilevel method Base method.
Which functions allow you to temporarily save the entered data? Choose the correct answers. 2 Hold function Save function Parking function Insert function.
For which type of account is the line item display generally active? Choose the correct answer. Special general ledger account Customer account Reconciliation account Vendor account.
Which of the following parameters can be changed on a time-dependent basis? Choose the correct answers. 3 Depreciation start date Depreciation key Variable depreciation portion Useful life (year or period).
Identify the application areas where validations and substitutions can be used. Choose the correct answers. (2) SD - Sales and Distribution CO - Cost Accounting AA-Asset Accounting Fl - Financial Accounting.
What is the maximum dunning level that can be assigned to a dunning procedure? Choose the correct answer 9 11 1 7.
Which of the following lists support the dunning clerk's work? Choose the correct answers. (3) The blocked accounts list The list of vendor balances in local currency The dunning list The dunning history list.
The usage of which of the following depreciation types can be activated per depreciation area? Choose the correct answers. Ordinary depreciation Special depreciation Unplanned depreciation Scheduled depreciation.
Where can an SAP Fiori end user change the theme of their launchpad? Please choose the correct answer. In the Tile Group area of the launchpad designer In the Tile Catalog area of the launchpad designer In the Ul theme designer In the Me area of the launchpad.
What are the maintenance levels of a screen layout rule for asset classes? Please choose the correct answer. Asset class, main asset number, sub number Main asset number, sub number, depreciation area Asset class, depreciation area, main asset number, group asset Depreciation area, asset class, main asset number, sub number.
Your customer wants to start using SAP S/4HANA line-of-business solutions. Which of these solutions help you run human resource management processes? Note: There are 2 correct answers to this question. SAP Hybris SAP Success Factors SAP Concur SAP Fieldglass.
Which data sections are part of every asset class? There are 2 correct answers to this question. Depreciation data section Valuation area data section Master data section Account determination data section.
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? Note: There are 2 correct answers to this question. Ledger Account type Company code Document type.
What data do you maintain in the chart of accounts sections of a General Ledger account? Please choose the correct answer Authorization data Consolidation data Reconciliation data User data.
When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question. When an account is required for clearing When an account is set up as a cost element When an account has a zero balance When an account is used as a reconciliation account.
Document splitting is active in your company code. The splitting characteristic is the profit center. All accounts are assigned. You post a vendor invoice with a single expense that are all assigned to different profit Centers. The expense is changed with 10% VAT. How many line items are created in the Entry view and how many are created in the General Ledger view? Entry view: 3 General Ledger view: 9 Entry view: 5 General Ledger view 7 Entry view: 3 General Ledger view 7 Entry view: 5 General Ledger view: 9.
At what level is the bank master data stored in SAP S/4 HANA? Please choose the correct answer At company level At client level At controlling area level At company code level.
Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question. Document number required Company code required Account required Reason code required Number of date fields required.
Which prerequisites must be fulfilled before you can use negative postings? Note: There are 2 correct answers to this question. The company code must permit negative postings. The reversal reason must allow alternative posting dates. The reversal reason must allow negative postings. The posting key must permit negative posting.
What does the year-end closing program in Asset Accounting do? Note: There are 3 correct answers to this question. It blocks all postings to Asset Accounting for the closed fiscal years. It posts all remaining depredation and imputed interest. It checks whether the depreciation is posted completely for the fiscal year. It settles all assets under construction with values and maintained settlement rules. It indicates if any of the created asset master records contain errors or are incomplete.
In Asset Accounting, which object do you use to handle separate valuation for parallel accounting? Please choose the correct answer. Valuation area Chart of depreciation Depreciation area Depreciation key.
Which prerequisites must be fulfilled to allow for negative postings of journal entries? There are 2 correct answers to this question The posting key must allow negative postings. The reversal reason must be configured to allow negative postings. The company code must allow negative postings. The reversal accounts must be configured to allow negative postings.
Which SAP technological product provides the platform required for SAP to support the digital transformation of an organization?Please choose the correct answer. SAP HANA SAP Net Weaver SAP CRM SAP Fiori.
What information is provided when you execute the balance audit trail? Please choose the correct answer. A list of changes of maintained sensitive fields in general ledger accounts The open account balances for customer accounts and supplier accounts The starting balance and the yearly changes to the balance of a general ledger account A comparison of general ledger account balances across ledgers.
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? Note: There are 2 correct answers to this question. Asset class Depreciation area Account determination key Financial statement version.
In the integrated scenario for down payments, in what step of the process do you enter the down payment information? Goods receipt creation Purchase order creation Invoice verification Down payment monitoring.
Which deployment options exist for SAP S4 HANA? Note: There are 3 correct answers to this question. Agile deployment Central hub deployment Cloud deployment On-premise deployment Hybrid deployment.
Which sequence of steps allows a three-way match in procurement transactions? Please choose the correct answer. Purchase requisition, goods receipt, invoice receipt Purchase requisition, purchase order, goods receipt Purchase order, purchase requisition, invoice receipt Purchase order, invoice receipt, goods receipt.
On which organization unit level do you define a chart of depreciation? Please choose the Asset class Company code Client Chart of accounts.
What are the features of the Accrual Engine in SAP S/4 HANA? There are 2 correct answers to this question. The fiscal year variant of the general ledger is supported. The Fl reversal is NOT supported. Complex postings with more than two line items are NOT possible. All currencies of general ledger are supported.
Which fields can you edit before posting a parked document? Note: There are 3 correct answers to this question. Account Document type Currency Amount Posting date.
What is the correct order of steps when you use the SAP I financial Closing Cockpit? Create tasks 2. Define dependencies 3. Create template 4. Create task list 5 Release task list Create tasks 2. Define dependencies 3 Create task list 4. Create template 5. Release task list Create template 2 Create tasks 3 Define dependencies 4 Create task list 5 Release task list Create template 2 Create tasks 3. Create task list 4. Define dependencies 5. Release task list.
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. Define a valuation area and ledger group for two ledgers to link with the new valuation area. Define a valuation area and extension ledger to link with the new valuation area. Define two valuation methods and assign the accounting principles to the new valuation methods. Define two valuation areas and two accounting principles with relevant links to ledgers.
SAP HANA makes extensive use of which high-speed hardware technology to offer more speed? Please choose the correct answer. Read-only memory Graphic Processing Units (GPUs) Multicore CPUs Solid-State Drives (SSDs).
You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for leading valuation and depreciation area 32 is assigned to the nonleading ledger for parallel valuation. What posting option should you choose for depreciation area 32? Area Posts Depreciation Only Area Posts in Real Time Area Does Not Post Area Posts APC Immediately, Depreciation Periodically.
Which activities can you perform with a recurring journal entry? Note: There are 2 correct answers to this question Determine the number of postings. Create monthly postings on any date of a month. Set rules to distribute amounts to be posted. Obtain an overview of related future postings.
For which special G/L indicator do you specify a target special G/L indicator? Please choose the correct answer. Customer down payment Bill of exchange Guarantee given Vendor down payment request.
Which reporting tools are available with SAP S/4 HANA embedded analytics? Note: There are 2 correct answers to this question KPI modeling apps SAP Analysis for Microsoft Office Query Browser SAP Analytics Cloud.
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. You can only post to the account in CAD, USD, and EUR. You can only post to the account in CAD. You can only post to the account in CAD and USD. You can only post to the account in USD.
How does SAP S/4 HANA support the treatment of taxes? There are 3 correct answers to this question. It performs tax adjustments for cash discounts and other forms of deductions. It performs the adjustment to the tax codes and automatically updates the procedure. It checks the tax codes and automatically updates the tax rates based on changes by the tax authorities. It posts the tax amount to tax accounts. It checks the tax amount entered and automatically calculates the tax.
What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing? Display Optional Required Hide.
Identify the call up points that have been provided for Financial Accounting (Fl). There are 3 correct answers to this question. Document header Complete Document Controlling area Organizational unit Document line.
Which prerequisite must be met by the technical clearing account for integrated asset acquisition? The account is a reconciliation balance sheet account for fixed assets. The account is assigned in the asset account determination for each valid depredation area. The account is created for all active company codes of the client. The account is a profit-and-loss account that must be open item managed.
What are the results when you post an outgoing partial payment? There are 2 correct answers to this question. A payment block is set on the invoice. A payment is created with reference to the invoice. The initial invoice is cleared. The initial invoice remains open.
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. It is possible to post special tax depreciation and investment support for assets under construction. It is impossible to use assets under construction with Investment Management. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction. It is possible to post credit memos, even after assets under construction are fully capitalized.
What do you configure to allow cross-company-code transactions? Note- There are 2 correct answers to this question. Clearing accounts Account types Special G/L indicator Posting keys.
Which information is checked by the system before a general ledger account k archived? The Open item Management indicator is set in master data The Mark for Deletion indicator is set in master data The Blocked for Posting indicator is set in master data. The assigned group account is already archived.
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. Functional Area Segment Cost Center Business Area.
You want to post journal entries in a special period. Which conditions must be met? There are 2 correct answers to this question The special period must be open for posting in the period control. You must have specific authorization to post in special periods. The balance carry-forward to the new fiscal year must have taken place. You must enter a posting date in the last posting period.
How can you perform transfers of assets between company codes with different charts of depreciation? Please choose the correct answer. Configure the cross-company depreciation areas in customizing. Correct depreciation area assignment in the asset master record after posting. Assign the group chart of depreciation to the relevant fixed assets. Enter depreciation area mapping during intercompany transfer posting.
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. Define general ledger accounts per each category of legacy asset. Configure depreciation keys and calculation keys. Define asset classes and maintain their attributes. Copy the chart of depreciation and maintain depreciation areas.
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 Change the tax percentage for input and output tax codes to 18%. Change the tax percentage for existing input tax codes to 18%. Create new tax codes with the 18% percentage for input tax. Create new tax codes with the 18% percentage for input and output tax.
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. An authorization group to period intervals 1 and 2 An authorization group to period interval 2 An authorization group to period intervals 2 and 3 An authorization group to period interval 1.
Which field can you change on a posted invoice? Cost center Payment terms Tax code Special G/L indicator.
Which activities are supported by the regrouping program of receivables and payable's ? Regrouping and clearing open items for affiliated companies on customers and vendors Regrouping receivables and payable's by their remaining life Regrouping of receivables and payable's to accrual earnings or expense Regrouping open items based on changed reconciliation accounts.
When you post a manual incoming payment, which parameters are valid for all payment documents? Note: There are 2 correct answers to this question. Bank account Residual item Tolerance group Journal entry type.
Which of the following retirement types is referred to as scrapping? Please choose the correct answer. Complete integrated asset retirement Unplanned depreciation of remaining value Partial retirement without revenue and without customer Complete retirement with revenue but without customer.
You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request? Note: There are 2 correct answers to this question. G/L account Account group Posting key Document type.
Which of the following product lines does the SAP S/4 HANA system rely on for most human resource management functions? Please choose the correct answer. SAPAriba Concur SAP Hybris SAP Success Factors.
Which business partner characteristic is mapped to the customer and supplier account groups? Please choose the correct answer. Business partner role Business partner category Business partner type Business partner grouping.
You want to create a substitution in Financial Accounting. Which parts do you have to define tor each step of the substitution? Note There are 2 correct answers to this question. Check Replacement Message Prerequisite.
What are the pillars of the SAP Fiori user experience paradigm? Note: There are 3 correct answers to this question. Responsive User-based Simple Role-based Vibrant.
At which level do you assign the print program to the correspondence type? At company code level only At client or company code level At system level At client level only.
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? Note: There are 2 correct answers to this question. Posting period variant must be created and assigned Tax types and tax codes must be maintained Line item text templates must be maintained Number range and document types must be maintained.
How do you identify an asset as an asset under construction? The ordinary depreciation start date is empty. The asset belongs to a specific asset class. The asset capitalization date is empty. The asset is assigned to NO depreciation area.
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process? 1. Store the data 2. Present reconciled and non-reconciled data. 3. Communicate differences. 4. Post the correction documents. 1. Post the correction documents. 2. Store the data 3. Present reconciled and non-reconciled data. 4. Communicate differences. 1. Store the data 2. Present reconciled and non-reconciled data. 3. Post the correction documents. 4. Communicate differences. 1. Present reconciled and non-reconciled data. 2. Post the correction documents. 3. Store the data 4. Communicate differences.
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? Note: There are 2 correct answers to this question. Assets are complete and error free. Fixed asset fiscal year change is complete. Depreciation is posted in full General ledger and subledgers are closed.
Which standard currency types must be used when configuring the currency settings for company codes? Note: There are 2 correct answers to this question. Company code currency Controlling area currency Group currency Document currency.
What are some of the benefits of SAP S/4HANA? Note: There are 2 correct answers to this question. The data is aggregated on the fly from any line item table The data is summarized into higher levels of aggregates to help system performance The data is available in real time at line item detail The data is analyzed after it is extracted and loaded in the reporting system.
You are responsible for configuring document splitting. What are some of the key settings? Note: There are 2 correct answers to this question. Field status variant Business transaction variant Document number range Document type.
What dunning-related data do you maintain on the business partner master record? Note: There are 3 correct answers to this question. Dunning procedure Dunning block Dunning key Dunning area Dunning interval.
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system? Note: There are 3 correct answers to this question. Activate aging on SAP HANA. Define the logical file path as a global path for data aging Add required authorizations for data aging to your role. Switch on the data aging business function Activate data aging for your company code.
How does SAP S/4HANA reduce system complexity and improve system efficiency? Note: There are 2 correct answers to this question. By removing application code that deals with aggregates and indexes By providing application code that deals with aggregates and indexes By providing views of data at runtime from the same source tables By removing views of data at runtime from the same source 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? Note: There are 2 correct answers to this question. You can create an app to take you directly to the cash position of the North American business market. You can create a tile group with all the apps required for your daily business for easy access. You can adapt the launchpad color theme according to predefined values for the cash report You can create access to relevant apps for the North American accounts payable group that reports to you.
Which statements best describe a profit center? Note: There are 2 correct answers to this question. It is the only object from which segments can be uniformly derived. It has to be used simultaneously with segments to create separate balance sheet and P&L statements. It is the only object that can be uniformly derived using segments. It is an element for which separate balance sheet and P&L statements can be created.
What is the purpose of the reorganization of segments? Note: There are 2 correct answers to this question. Enables segment deletion Enables merge of segments. Enables segment derivation Enables segment reassignments.
What are some features of SAP HANA? Note: There are 2 correct answers to this question. SAP HANA allows transactional and analytical processing off the same tables. SAP HANA is optimized to organize data using column stores. SAP HANA is built on a hierarchical data model architecture. SAP HANA is optimized to work with aggregates and index tables.
You are configuring depreciation areas in Asset Accounting. Which of the following settings is NOT permitted? Area posts depreciation only Area does not post Area posts revaluation only Area posts in real time.
You have been asked to set up house banks as part of the implementation. What information do you need? Note: There are 3 correct answers to this question. Bank master data Supplier account Payment method Company code General ledger account.
Which parameter indicates that a line item can only be dunned with restrictions? Dunning grouping Dunning key Dunning area Dunning block reason.
What does the document splitting do? It enriches all secondary cost element account lines with the defined splitting characteristics. It enriches all relevant balance sheet account lines with the defined splitting characteristics. It enriches all revenue account lines with the defined splitting characteristics. It enriches all profit and loss account lines with the defined splitting characteristics.
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? Define two valuation areas and two accounting principles with relevant links to ledgers Define a valuation area and ledger group for two ledgers to link with the new valuation area Define two valuation methods and assign the accounting principles to the new valuation methods Define a valuation area and extension ledger to link with the new valuation area.
What do you define when configuring asset classes? Note: There are 3 correct answers to this question. Screen layout rules Number ranges Account determination Posting keys Financial statement version.
What are some of the personalization options available to users in their SAP Fiori launchpad environment? Note: There are 3 correct answers to this question. Users can remove applications that they do NOT use Users can add applications for filtered report results Users can add applications from the catalog assigned to them Users can remove devices that they do NOT use Users can add new devices from the catalog assigned to them.
What is the order of configuration within the SAP Financial Closing cockpit? Create template, create task list, create tasks, define dependencies, release task list Define dependencies, create template, create tasks, create task list, release task list Create task list, release task list, define dependencies, create template, create tasks Create template, create tasks, define dependencies, create task list, release task list.
What is the purpose of period interval 3 when you define open and closed periods? It is used for period lock in special purpose ledger It is used for posting from CO to Fl It is used for special period posting It is used for the authorization object for posting periods.
Which of the following statements best describe how core data services (CDS) are developed? They are developed in the ABAP layer of the SAP S/4HANA system by the Analytics end user. They are developed in the SAP HANA database layer by the IT user. They are developed in the SAP HANA database layer by the Analytics key user. They are developed in the ABAP layer of the SAP S/4HANA system by the IT user.
How do you depreciation areas in SAP S/4HANA? Note: There are 2 correct answers to this question. Assign a ledger group to each depreciation area. Ensure each accounting principle is assigned to a depreciation area. Assign depreciation area 01 to the leading ledger. Ensure depreciation areas always post to the general ledger.
Which closing activities are used in external reporting as per SAP best practices? Note: There are 2 correct answers to this question. Perform valuations of open items in foreign currency. Execute the plan cost center assessment cycle. Reclassify receivables and payables Update product cost estimates.
Which elements define the integration of asset acquisitions to the general ledger? Note: There are 2 correct answers to this question. Depreciation keys Valuation area Asset class Depreciation area.
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