my fi pro test - 03

A document can have up to 999999 line items in the universal journal (reporting or G/L view). How does this affect the entry view (table BSEG)? Please choose the correct answer. It is limited to 999 line items. It is extended to 999999 line items. The system splits the single entry into multiple documents as required. The entry view is also based on the universal journal.

Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question. Archiving. Aging. Indexing. Mirroring.

You define an additional extension ledger. What type of ledger can you assign as underlying ledger?. Reconciliation ledger. Material ledger. Special ledger. Standard ledger.

What setting must be identical between the company code and controlling area? Please choose the correct answer. The number of postings and special periods. The fiscal year variant key. The number of special periods. The number of posting periods.

What are the improvements to new cash pooling? There are 2 correct answers to this question. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made. Different payment methods for payment requests can be specified in different paying company codes. The balance before concentration and the simulated balance after the concentration can be compared. The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.

How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation? Please choose the correct answer. By running the monthly depreciation posting. By running the periodic acquisition and production cost posting. By entering manual corrective clearing transfer postings. By maintaining the offset account in the asset account determination.

Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question. Commitments. Split of cost of goods sold according to the cost component split. Statistical sales conditions. Variances to work in process values.

You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? There are 2 correct answers to this question. Set the zero-balance indicator. Define a PA transfer structure. Assign a segment to all G/L accounts. Define a clearing account.

What must you do before a Go Live migration in the productive client can be set to Complete in customizing? Note: There are 2 correct answers to this question. Get approval of business department and project management. Apply small-scale live postings of the day-to-day business to check the system. Finalize the before-and-after comparison of the financial reports with the business department. Transfer application indexes using data aging.

What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA? Note: There are 2 correct answers to this question. It requires a non-leading ledger for parallel valuations. It is available only for new installations. It will NOT have any valuation view assigned to the ledger. It utilizes separate amount columns in the same ledger.

Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLT0. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs? Please choose the correct answer. The balances of the table are posted as additional line items in the universal journal. The table is treated as a transient provider using BW query functionality. The entries of the table are converted into column store. The content of the table is deleted, and a compatibility view is generated.

You post a payment to a supplier invoice. In the universal journal table you see more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? There are 2 correct answer to this question. Zero balance Indicator for profit center. A non-leading ledger. An additional accounting principle. An extension ledger.

What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution? Please choose the correct answer. Cloud platform compatibility. Fuller integration to external systems. Support for all industries. Faster innovation cycles.

How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?. A clone of the productive system is used. The data from previous years is archived. Optimized data compression is used to minimize the data volume. SQL database commands are used to accelerate the migration.

What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question. Consolidation model. Ownership model. Exchange Rate model. Source model.

Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question. Reduced footprint. Choice of deployment. Reduced throughput. Choice of database.

What can you do in the extension ledgers configuration? Please choose the correct answer. You can create an extension ledger for which the underlying ledger is an extension ledger. You can assign a freely defined currency to an extension ledger. You can manually create a new ledger group that contains an extension ledger. You can link an accounting principle to a ledger group that contains an extension ledger.

Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments. When preparing for integration, what do you have to create?. Create a BP role for each customer and vendor account group. Create a BP type for each industry category in the customer/vendor accounts. Create a BP grouping for each customer and vendor account group. Create a BP category for each legal form maintained for customers/vendors.

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

Which downstream activities can be updated when you post a payment in receivables management? Note: There are 2 correct answers to this question. Release of an order from credit hold. Reduction of an open dispute case amount. Update of a promise to pay. Update of days sales outstanding calculations.

What can you do when you use Account Basis for cost of goods sold (COGS) split in SAP S/4HANA 1809? Note: There are 2 correct answers to this question. Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure. Enable COGS split for postings made on the source account through internal processes in Financials and Controlling. Enable COGS split for stock transfers and point-of-sale transactions. Enable COGS split for sales processes posted to internal orders and projects.

Where can you find the automatic write-off program to close unpaid customer balances?. Dispute Management. Accounts Receivable. Collections Management. Treasury Operations.

Where can you view the cost of goods sold (COGS) postings per cost component in CO-PA? Note: There are 3 correct answers to this question. Actual COGS (based on actual costing) in account-based CO-PA. Standard COGS in account-based CO. Moving average COGS in account-based CO-PA. Standard COGS in cost-based CO-PA. Actual COGS (based on material ledger) in cost-based CO-PA.

What are the parameters to define different technical clearing accounts for integrated acquisition in new asset counting? There are 2 correct answer to this question. Chart of accounts. Account determination. Chart of depreciation. Company code.

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user? Please choose the correct answer. On premise. Central finance. Cloud single-tenant. Cloud multi-tenant.

You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?. Valuation using material cost estimate in costing-based CO-PA. The new refinement for cost of goods sold postings in account-based CO-PA. Valuation using material cost estimate in costing-based CO-PA and account-based-COPA. Valuation using material cost estimate in account-based CO-PA.

You run an assessment cycle but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings? Please choose the correct answer. Intervals 1 and 2. Only interval 3. Intervals 1 and 3. Only interval 2.

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

What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do? Please choose the correct answer. Assign 2 or more accounting principles to 1 ledger. Assign 2 or more ledgers to 1 accounting principle. Assign 2 or more valuation areas to 1 company code. Assign 2 ledgers to 1 company code.

With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger? Note: There are 2 correct answers to this question. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system. The material ledger uses the currencies defined in both the leading and non-leading ledgers. The material ledger with actual costing requires a periodic costing run to update inventory values. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.

Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?. G/L account defined in real-time-integration CO-Fl Zero-balance clearing account. G/L account defined in real-time-integration CO-Fl Original cost account. Original cost account Zero-balance clearing account. G/L account defined in reconciliation ledger Zero-balance clearing account.

What are planning level and planning group used for in SAP Cash Management? There are 2 correct answers to this question. - Planning level is used to differentiate between strategic, business, and operational plan. - Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc. - Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management. - Planning group is used in the G/L account data to enable the liquidity forecast. Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast. - Planning group is used to group customers and vendors to enable accurate forecast. - Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc.

In controlling. What is a mandatory customizing step when converting a system to SAP S/4HANA? Please choose the correct answer. Activate Account-based CO-PA. Create document type for CO postings. Define profit center hierarchy. Migrate the material ledger.