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Which of the following types of tasks are available in the Financial Closing Cockpit application? Choose the correct answers. (3). Flow definition. Online transactions. Remote tasks. Task list template.

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

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.

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.

The usage of which of the following depreciation types can be activated per depreciation area? Choose the correct answers. (3). Ordinary depreciation. Special depreciation. Unplanned depreciation. Scheduled depreciation.

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. Dunning letters. Bill of exchange charges statements. Payment notices. Invoices.

You want to create a substitution in financial accounting. What parts do you have to define for each step of the substitution? There are 2 correct answers to this question. Check. Prerequisite. Message. Replacement.

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 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.

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

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.

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.

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 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.

What do you define in Customizing for the payment program? Note: There are 3 correct answers to this question. Forms for the payment media. Bank determination. Exchange rate type. Payment run ID. Allowed currencies.

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.

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.

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.

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. Define maximum amounts to be paid by supplier. Review the payment proposal exception list. Maintain open item selection parameters. Rank bank accounts for payment.

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 autormatically.

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

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.

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.

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.

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?. You have to use external number assignment. You have to use internal number assignment. You have to use continuous number assignment. You can use internal, external, or continuous number assignment.

Which tasks are stages of dunning execution? Note: There are 2 correct answers to this question. Schedule the dunning run. Maintain the dunning parameters. Maintain the dunning levels. Schedule the dunning intervals.

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

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.

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.

Which currency valuation program is replaced by FAGL_FCV? Choose the correct answer. SAPF130K. FAGL_FC_VALUATION. SAPF100. FAGL_VALUATION.

Down payments received reduce the total of which of the following entities? Choose the correct answer. Bank balance. Receivables. Inventory. Payables.

During which actions does the system assign the document number for Financial Accounting? There are 2 correct answers to this question. Simulate. Hold. Park. Post.

What field can you change on a posted invoice?. Tax code. Special G / L indicator. Cost center. Payment terms.

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?. 3. 6. 1. 4.

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.

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.

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

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?. Controlling area. Company. Company code. Segment.

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 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.

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 field status has the lowest priority (G/L accounts)? Choose the correct answer. Required entry. Display. Optional entry. Hide.

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.

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.

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.

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 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. True. False.

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.

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).

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 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 of the following components make up an archiving object? Choose the correct answers. 3. Programs. Variables. Data declaration part. Customizing settings.

SAP S / 4HANA is the digital core of the intelligent enterprise. Which applications from the SAP portfolio are integrated with SAP S / 4HANAto help you manage human resources? There are 2 correct answers to this question. APAriba. SAP C / 4HANA. SAP success factors. SAP Fieldglass.

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).

What is the recommended organizational unit for cost-of-sales accounting?. Business area. Controlling area. Sales area. Functional area.

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.

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. License plate number. Inventory number. Cost center.

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.

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.

When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management? There are 2 correct answers to this question. Insert function. Save function. Hold function. Parking function.

Which functions allow you to temporarily save the entered data? Choose the correct answers. 2. Hold function. Save function. Parking function. Insert function.

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.

The SAP HANA database relies on which of the following technologies for storing data? There are three correct answers 3. Aggregation. Compression. In-memory. Indexing. Columnar store.

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.

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. (2). SAPF130D. SAPF130K. SAPF130L. SAPF130E.

What object determines the number range for business partner master data?. Business partner category. Business partner role. Business partner grouping. Business partner type.

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.

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

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.

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?. Document date and posting date. Posting date and asset value date. Posting date and entry date. Document date and asset value date.

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.

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.

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

Identify fields that cannot be changed while changing parked documents. Choose the correct answers. 2. Company code. Document type or document number. Currency. Account assignment objects.

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.

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.

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.

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

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.

What is the order of configuration within the SAP Financial Closing cockpit?. Create a template, create tasks, define dependencies, create a list of tasks, free a list of tasks. Define dependencies, create templates, create tasks, create task list, free a task list. Create task list, release task list, define dependencies, create templates, create tasks. Create a template, create a list of tasks, create tasks, define dependencies, free a list of tasks.

What type of architecture does SAP Business Workflow use? Choose the correct answer. Single-tier. Two-tier. Three-tier. Four-tier.

Which edition of SAP S/4HANA introduced the universal journal?. SAP Business Suite powered by SAP HANA. SAP S/4HANA Finance 1503. SAP S/4HANA Cloud. SAP S/4HANA1511.

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. False. True.

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.

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.

Which of the following currency types can you set in customizing activity "define setting forledgers and currency type"? There are 2 correct answers to this question. Group currency. Local currency. Material ledger currency. Transaction currency.

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.

You want to define a validation for the combination of ledger account and cost center. For what point of call is this validation defined? Please select the correct answer. Document line. Cost of sales accounting. Document header. Complete document.

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.

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

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.

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

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 non-leading 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 of the following parameters are controlled by the screen layout? Choose the correct answers. (3). Maintenance level. Field selection. Reference. Number range.

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

Which dates can you use for tax calculation? There are 2 correct answers to this question. Posting date. Document date. Entry date. Due date.

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.

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.

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.

Which statements best describe a profit center? Note: There are 2 correct answers to this question. It is the only object from which segment 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.

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.

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 items are NOT cleared by the automatic clearing program? Note: 3 Answers. Statistical postings. Items with withholding tax. Noted Items. Items with value added tax. Items with sales and use tax.

How does the system behave when an invoice is processed as a residual payment?. The payment difference is posted to a different account. All documents remain in the account as open items. The payment difference is written off. The original document and payment are cleared.

You are running an international business and want to set up separate legal entities to execute operations and perform accounting activities. What organizational unit do you need to create for each legal entity? Please select the correct answer. Control area. Company code. Segment. Company.

What are some of the personalization options available to users in your SAP Fiori launch pad environment? There are 3 correct answers to this question. Users can remove devices they DO NOT use. Users can add applications for filtered report results. Users can add applications from the catalog assigned to them. Users can add new devices from the catalog assigned to them. Users can remove applications they DO NOT use.

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

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

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?. The alternative payer and payee. The same bank details. The same payment method. The account link.

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: 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.

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.

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. False. True.

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

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.

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.

Identify the criteria that usually differentiate between document change rules. Choose the correct answers. (2). Account type. Company code. Asset class. Open items.

Which parameter indicates that a line item can only be dunned with restrictions?. Dunning grouping. Dunning key. Dunning area. Dunning block reason.

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.

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

On which organization unit level do you define a chart of depreciation? Please choose the answer: Asset class. Company code. Client. Chart of accounts.

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 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.

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 objects can be posted to by more than one company code? There are 2 correct answers to this question. Cost center. Profit Center. Sales organization. Business area. Segment.

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.

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.

In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?. Sales deductions in loss item Material expenses in loss item. Sales deductions in assets item Material expenses in loss item. Sales deductions in liabilities item material expenses in loss item. Sales deductions in loss item.

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. Accounting principles. Simulation extension ledger. Value adjustment keys. Valuation areas. Account determinations.

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. 5. 8. 10. 3.

On which levels can you maintain field status controls for business partners (BP)? Note: There are 3 correct answers to this question. BP category. Company code. DB Ptype. Client. BP role.

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.

There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence. (4). Schedule the dunning run. Maintain the parameters. Start the dunning printout. Change the dunning proposal.

In which step of the SAP Financial Closing Cockpit configuration do you define parameters settings for variables of program variants?. Template creation. Dependency definition. Task list creation. Task list release.

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

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.

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.

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.

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 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.

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 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.

What is the maximum dunning level that can be assigned to a dunning procedure? Choose the correct answer. 11. 9. 7. 1.

What is the name of the leading ledger that SAP provides with the standard system? Choose the correct answer. 3L. 0L. IL. 2L.

Which statement best describes the normal reversals functionality?. Executes the inverse posting by increasing the transaction figures. Executes the inverse posting of a cleared document before resetting it. Executes an inverse posting by resetting the transaction figures. Executes a transfer posting by resetting the transaction figures.

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

What is the maximum number of steps possible in validation? Choose the correct answer. 999. 566. 199. 99.

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.

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.

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. Your own financial statement version. Your own application group. Your own application tile. Your own application catalog.

Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA?. SAP S/4HANA Cloud. SAP S/4HANA on-premise. SAP S/4HANA with Central Finance. SAP S/4HANA Finance.

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

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.

What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing? Please choose the answer: Display. Optional. Required. Hide.

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.

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 currency types can you set in customizing activity "define setting for ledgers and currency type"? There are 2 correct answers to this question. Transaction Currency. Local Currency. Group Currency. Material Ledger Currency.

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.

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.

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.

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. Assets are complete and error free. Fixed asset fiscal year changes is complete. Depreciation is posted in full. The general ledger and subledgers are closed.

On which database is SAP S/4HANA built to run?. Only on SAp HANA. On all databases that support columnar data storage. Ona select list of SAP and third-party databases. On all modem enterprise level databases.

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.

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

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 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.

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 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.

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

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.

Which field can you change on a posted invoice?. Cost center. Payment terms. Tax code. Special G/L indicator.

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

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. Net book value. Asset class. Capitalization date. Deprecation start date.

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

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.

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.

The SAP Business Workflow has_ process dimensions. Choose the correct answer. Two. Three. Four. Five.

What do you define in payment terms? Note: There are 2 correct answers to this question. Tolerance days. Due date specification. Cash discount. Posting key.

Which of the following are valid settlement receivers when you liquidate an asset under construction on a starting basis? There are 2 correct answers to this question. Cost center. Profit center. Functional area. Fixed asset.

What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?. In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach. In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting princile, unlike the accounts approach. In the accounts approach, you define a techical clearing account for intergrated asset acquisitins, unlike the ledger approach. In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach.

At what level is the bank master data stored in SAP S/4HANA?. At controlling area level. At client level. At company level. At company code level.

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

You want to define a validation for the combination of ledger account and cost center. For what point of call is this validation defined? Please select the correct answer. Complete document. Line of documents. Sales cost accounting. Header of the document.

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.

For which of the following can you park documents? Choose the correct answers. (2). Customer accounts. Sales invoices. Material accounts. General ledger accounts.

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 payment methods for each company code. Configure the G/L account field status for document entry. Configure the house banks.

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.

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.

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.

You are creating an asset master record by copying another asset and you noted that the inventory number is copied. What setting do you make to ensure that the inventory number is NOT copied when you create a new asset by copying? Please choose the correct answer. Romove the reference indicator in screen layout maintenance. Romove the main asset indicator in screen layout maintenance. Romove the asset class indicator in screen layout maintenance. Romove the subnumber indicator in screen layout maintenance.

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

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 of the following control data is carried by asset classes? Choose the correct answers.(3). Account determination. Number range interval. Screen layout. Insurance type.

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.

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.

Which program is used to enter accruals and deferrals regularly? Choose the correct answer. Devising program. Ledger grouping. Recurring entry program. Compact document journal.

Which objects can be posted to by more than one company code? There are 3 correct answers to this question. Depreciation key. Useful life (year or period). Depreciation start date. Variable depreciation portion.

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.

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.

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?. Free offsetting entries. Statistical postings. Noted items. Bill of exchange.

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. The payment amount allowed for each customer open item. The total amount (sum of all line items) allowed to be posted. The cash discount amount (absolute value) allowed for a line item. The cash discount percentage allowed for the complete document.

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.

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.

For which special G / L indicator is a special target G / L indicator specified? Please select the correct answer. Guarantee given. Customer down payment. Vendor down payment request. Bill of exchange.

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

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.

You are configuring accrual types for the accrual engine. For which postings is account determination required? There are 2 correct answers to this question. Closing posting only. Periodic only. Opening and closing posting only. Opening posting only.

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

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.

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. Commuicate differences. 4. Post the correction documents. 1. Post the correction documents. 2. Store the data 3. Present reconciled and non-reconciled data. 4. Commuicate differences. 1. Store the data 2. Present reconciled and non-reconciled data. 3. Post the correction documents. 4. Commuicate differences. 1. Present reconciled and non-reconciled data. 2. Post the correction documents. 3. Store the data 4. Commuicate differences.

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.

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

When you post a payment for an invoice, how does the system derive the splitting characteristics?. Inheritance. Passive document splitting. Active document splitting. Default assignment.

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.

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.

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

Which General Ledger account type do you select to perform activity cost allocations? Please choose the correct answer. Materials Management. Sales and Distribution. Accounting. Financial Accounting.

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 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).

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?. Business Area. Segment. Cost Center. Functional Area.

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?. The balance of the new account is added to the non-assigned section and is excluded from the calculation. The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation. The balance of the new account is added to the non-assigned section and is included in the calculation. The balance of the new account is added to the notes in the financial statement item section and is included in the calculation.

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

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. iDefine 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.

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 ? Note: 3 Answers. Goods receipt date. Value date. Posting date. Document date. Entry Date.

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.

Where do you indicate that the useful life of the asset sub-number is identical to the useful life of the main asset?. In the screen layout of the asset master record. In the asset master record of the main asset. In the account determination of the asset class. In the screen layout of the depredation area.

What fields of a financial accounting document influence the automatic payment program? There are 3 correct answers to this question. Payment type. Payment advice. Payment method. Payment term. Payment block.

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.

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 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.

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.

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

SAP S/4HANA is the digital core of the intelligent enterprise. Which applications from the SAP portfolio integrate with SAP S/4HANAto help you perform human resource management? Note: There are 2 correct answers to this question. SAP Success Factor. SAP Fieldglass. SAP C/4HANA. SAPAriba.

What are the maintenance levels of a screen layout rule for asset classes?. Asset class, depreciation area, main asset number, group asset. Depreciation area, asset class, main asset number, subnumber. Asset class, main asset number, subnumber. Main asset number, subnumber. depreciation area.

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.

You want to edit a dunning proposal. What actions can you perform to edit a dunning proposal? There are 3 correct answers to this question. Lower the dunning level of an item. Change the dunning data of an account. Block an account. Block a line item. Change a document.

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.

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

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