ERASED TEST, YOU MAY BE INTERESTED ON RANDOM TRIVIA
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RANDOM TRIVIA Description: RANDOM SKIL Author: Dayp001 Other tests from this author Creation Date: 24/10/2024 Category: Others Number of questions: 156 |
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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. Posting Key Document Type Account Group G/L Account. 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. In your SAP S/4HANA system, you want to archive the G/L accounts that are not used by the business in any company code. What are prerequisites to archiving all data of a G/L account? Note: There are 3 correct answers to this questions. Set the deletion flag in the company code data of the G/L account The account is not used in any automatic account determination Transactional figures are older than a customizable amount of years Set the deletion flag in the chart of accounts data of the G/L account There are no transaction figures for the account. What is the purpose of the group account number in General Ledger account master data maintenance? It determines the fields in the entry screen when you create or update a master record in the company code 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 It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version. 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. 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 date Clearing document number Clearing reason code. 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 prerequisites must be fulfilled to allow for negative postings of journal entries? Note: 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. 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 loss item Material expenses in liabilities item Sales deductions in liabilities item Material expenses in loss item Sales deductions in assets item Material expenses in loss item. 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: Create new tax codes with the 18% percentage for input tax. Create new tax codes with the 18% percentage for input and output tax. 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 Change the tax percentage for input and output tax codes to 18% Change the tax percentage for existing input tax codes to 18%. What types of data are maintained for a house bank? Note: There are 2 correct answers to this question. Overdraft limit Data medium exchange (DME) details Payment signatories General Ledger account. Which information is part of the Bank Master Data? Note: There are 2 correct answers to this questions. Data Medium Exchange (DME) details Control data Information for electronic payment transactions Address details. 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. How can you define a matching method for intercompany reconciliation? It can be either defined as master data or as configuration It must be defined as master data It can be automatically determined by a user exit It must be defined as configuration. For which special G/L indicator do you specify a target special G/L indicator? Please choose the correct answer. Vendor down payment request Guarantee given Customer down payment Bill of exchange. What happens to the transaction figures when you post a normal reversal posting? They are increased They are cleared. They are reset. They are deleted. They are increased They are cleared They are reset They are deleted. What does the document type control? Note: There are 3 correct answers to this questions. Whether postings to special periods are permitted Which posting keys are allowed for postings Whether postings to secondary cost accounts are permitted Which account type are allowed for postings Whether negative posting are permitted. On which levels can you activate document splitting? Note: There are 2 correct answers to this questions. Client level Document type level Ledger level Company code level. 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 needs to be posted to three cost centers. The cost centers are all assigned to different profit centers. The expense is charged 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: 5 General Ledger view: 9 Entry view: 3 General Ledger view: 9 Entry view: 5 General Ledger view 7 Entry view: 3 General Ledger view 7. For which account can you perform account clearing in SAP S4/HANA? For any balance sheet account managed on a line item basis For any G/L account defined as a reconciliation account For any account that can be posted in foreign currency For any account that is managed on an open item basis. When can you set the open item management indicator in a general ledger account? Note: 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. Which field can you change on a posted invoice? Tax code Special G / L indicator Cost center Payment terms. How does the system perform the normal reversal of a journal entry? It creates an inverse posting by decreasing the transaction figures It creates an inverse posting by increasing the transaction figures It creates the inverse posting of a cleared document before resetting it It creates an inverse posting by resetting the transaction figures. What items are NOT cleared by the automatic clearing program? Note: There are 3 correct answers to this question. Statistical postings Items with withholding tax Noted Items Items with value added tax Items with sales and use tax. What are the characteristics of a company in SAP S/4HANA ? Note: There are 2 correct answers to this question. It is considered for consolidation It is responsible for costs and revenues within an organization It can be assigned to a company code It represents separate areas of operation within an organization. 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. How does SAP S/4 HANA support the treatment of taxes? Note: 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. You want to configure the tax calculation procedures. What are the main elements you need to define? Note: There are 3 correct answers to this question. Tax code Condition Type Account or transaction key Sequence of steps Country key. 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 Payment method General ledger account Bank Control Key Company code. 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. Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting line? Note: There are 2 correct answers to this question. BAdI implementation (FAGL_DERIVE_SEGMENT) Assignment of default segments to G/L accounts Standard account assignment using constants Definition of validation rules. 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 this account? You can post to the account in any currency and it will be converted into CAD You can only post to the account in CAD and USD You can only post to the account in CAD, USD, and EUR You can only post to the account in CAD. Which prerequisites must be fulfilled to allow for negative postings of journal entries? Note: 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. What do you need to do to configure a new exchange rate type in SAP S/4HANA? Note: There are 2 correct answers to this question. Maintain exchange rates daily Set up the relationship between currencies using translation ratios Specify the company code currency as the base currency Specify a purpose for the exchange rate type. At what level is the bank master data stored in SAP S/4HANA? At controlling area level At company level At client level At company code level. 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. 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. Which of the following statements best describes how customer down payments are integrated with Sales & Distribution (SD)? A down payment request is created as an SD sales order, which is automatically posted in FI as a noted item A down payment request is created as an FI noted item, which automatically generates as an SD billing document A down payment request is created as an SD billing document, which is automatically posted in FI as a noted item A down payment request is created as an FI noted item, which automatically generates as an SD sales order. Which of the following closing activities is a so-called technical closing step? Close the previous period in Materials Management (MM) Perform valuations of open items in foreign currency Process purchase order accounts Perform asset depreciation run. Which fields can you edit before posting a parked document? Note: There are 3 correct answers to this question. Posting date Currency Document type Account Amount. Which objects can be posted to by more than one company code? Note: There are 3 correct answers to this question. Cost center Sales organization Segment Business area Profit Center. How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)? 16 12 2 3. Which reporting tools are available with SAP S/4 HANA embedded analytics? Note: There are 2 correct answers to this question. Query Browser SAP Analytics Cloud SAP Analysis for Microsoft Office KPI modeling apps. Which information is checked by the system before a general ledger account is 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. Within the line items of FI documents, what does the posting key control? Note: There are 3 correct answers to this question. Whether the item is posted with reference to primary or secondary cost elements Whether the item is posted as a debit or credit The field status of additional details The account group to which the line item can be posted. The account type to which the line item can be posted. 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? 3 10 8 5. What are the application areas that use validation and substitutions? Note: There are 3 correct answers to this question. CO-Cost accounting AM-Asset accounting GL-Special purpose ledger CS-Consolidation PS-Project system. 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. Create a substitution rule that updates the document number based on the range you assign in the rule definition Create two external number ranges with the same range and assign one to each of the relevant document types Create two internal number ranges with the same range and assign one each to the relevant document types Enter the same document number range in the customizing definition of both document types. 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. 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. What must you do to create new validations and substitutions? Note There are 2 correct answers to this question. Select the relevant call-up point Define the area of application Choose the chart of accounts Deactivate all former validations and substitutions. What is the recommended organizational unit for cost-of-sales accounting? Business area Controlling area Sales area Functional area. Which steps are required to create a substitution in Financial Accounting? Note There are 3 correct answers to this question. Define the substitution ruler with its different steps using the formula editor Select the correct call up point Select activation level 2 Assign the substitution rule to the controlling area Specify an authorization group. You need to post customer invoices via interface from a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system. How do you define the document number range? You must use external number assignment You can use internal or external number assignment, but it has to be continuous You must use internal number assignment You can use internal or external number assignment. You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution? Note: There are 2 correct answers to this question. Substitution values Prerequisite statement Callup Point Check Statement. You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution? Note: There are 2 correct answers to this question. Check Replacement Message Prerequisite. You define the type of custom currency Z1 for your company code. What types of currency should be stored in the Data Entry view? Note: There are 2 correct answers to this question. Company code currency Custom currency type Object currency Document currency. You assign currency type 40 to your company code in ledger 0L. Which source currency types can you select? Controlling area Company code currency Document currency Group currency. 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. 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. Cost of sales accounting Complete document Document line Document header. Which of the following statements are valid for financial document number ranges? Note: 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 closing activities are performed for external reporting as per SAP best practices? Note: There are 2 correct answers to this question. Regroup receivables and payables on the balance sheet Update product cost estimates with standard prices Run pla assessment cycles for profit centers Perform valuations of open items in foreign currency. To use the SAP Financial Closing cockpit, which steps are required? Note: There are 3 correct answers to this question. Release task list Define person responsible for tasks Define task dependencies Create task groups Create template. 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 activities are supported by the regrouping program of receivables and payables? Note: There are 2 correct answers to this question. 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. You have $50 debit and $80 credit on an account. This account is assigned to the assets side in a financial statement version, with the debit indicator and credit indicator set. How is this shown on the balance sheet? $50 is shown on the liabilities side and $80 is shown on the assets side The balance is shown on the assets side The balance is shown on the liabilities side $50 is shown on the assets side and $80 is shown on the liabilities side . 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 the correct order of steps when you use the SAP Financial Closing Cockpit? Create tasks, Define dependencies, Create task list, Create template, Release task list Create tasks, Define dependencies, Create template, Create task list, Release task list Create template, Create tasks, Create task list, Define dependencies, Release task list 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. Your customer performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing? Note: There are 3 correct answers to this question. Perform foreign currency valuation for accounts payable Create the asset history sheet for asset accounting Post recurring entries for the general ledger Process bad debt expenses for accounts receivable. 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. 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 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 are the features of the accrual engine in SAP S/4HANA? Note: There are 2 correct answers to this question. All currencies of general ledger are supported Complex postings with more than two line items are NOT possible The Fl reversal is NOT supported The fiscal year variant of the general ledger is supported. You post a purchase order. For which expenses does the system calculate accruals? Note: There are 2 correct answers to this question. Consulting services Raw material purchases Fixed Asset purchases Insurance premiums. Which statements best describe extension ledgers in SAP S / 4HANA? Note: There are 2 correct answers to this question. Extension ledgers can have different currencies than the underlying ledger Extension ledgers can be assigned their own posting period variant Multiple extension ledgers can point to the same underlying ledger Extension ledgers can be assigned their own fiscal year variant. You need to use foreign currency valuation in the ledger solution. Which objects must you define in Customizing? Note: There are 3 correct answers to this question. Simulation extension ledger Account determinations Valuation areas Accounting principles Value adjustment keys. 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 a technical year-end closing activity in SAP S/4HANA? Profit center carry-forward must be posted Foreign currency valuation must be posted Balance sheet adjustments must be posted Ledger balances must be carried forward. You want to post journal entries in a special period. Which conditions must be met? Note: 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. After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process? Please choose the correct answer. 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. Present reconciled and non-reconciled data 2. Post the correction documents 3. Store the data 4. Communicate differences 1. Store the data 2. Present reconciled and non-reconciled data 3. Post the correction documents 4. Communicate differences. What does the document splitting function 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 profit and loss account lines with the defined splitting characteristics It enriches all revenue account lines with the defined splitting characteristics. 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 account, which field is mandatory by standard procedures? Business Area Profitability segment Functional Area Segment. How do you identify an asset under construction? The ordinary depreciation start date is empty The asset is assigned to NO depreciation area The asset belongs to a specific asset class The asset capitalization date is empty. 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. How can you create an asset under construction? Note: There are 2 correct answers to this question. Automatically, when settling capex cost from an internal order Automatically, when creating an investment measure Automatically, when settling capex cost from a WBS element Manually (transaction AS01), using a specific asset class. Which of the following should you consider when defining asset number ranges? Note: There are 2 correct answers to this question. Each asset class can have either an internal or external number range Asset number range are defined at chart of depreciation level Asset number range are defined for asset classes and are company code specific Each asset number range must be assigned to a unique asset class. 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 Depreciation is posted in full Fixed asset fiscal year change is complete General ledger and subledgers are closed. How can you perform transfers of assets between company codes with different charts of depreciation? 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 classifications, useful life, and depreciation terms. What configuration step would initiate to maintain these categories in SAP S/4HANA? 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 elements define the integration of asset acquisitions to the general ledger? Note: There are 2 correct answers to this question. Asset class Depreciation keys Depreciation area Valuation area. How do you configure 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. You are asked to explain how assets under construction work in SAP S/4HANA. What should you highlight? Note: There are 2 correct answers to this question. It is impossible to use assets under construction with Investment Management It is possible to post credit memos, even after assets under construction are fully capitalized It is possible to post special tax depreciation and investment support for assets under construction It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction. 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. Remove the reference indicator in screen layout maintenance Remove the main asset indicator in screen layout maintenance Remove the asset class indicator in screen layout maintenance Remove the subnumber indicator in screen layout maintenance. What is the difference between the ledger approach and the accounts approach to parallel calculation in Asset Accounting? In the accounts approach, you assign a separate set of accounts for each accounting principle, unlike the ledger approach. In the leger approach, you maintain additional depreciation areas to post the delta valuation of each accouting principle, unlike the accounts approach In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach In the ledger approach, you assign a ledger group to every depreciation area, unlike the account approach. What are the maintenance levels of a screen layout rule for asset classes? Asset class, main asset number, subnumber Asset class, depreciation area, main asset number, group asset Depreciation area, asset class, main asset number, subnumber Main asset number, subnumber. depreciation area. In your SAP S/4HANA system, you report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle If you use the application to post integrated asset acquisitions, how many documents will the system post? 2 4 3 1. You are configuring asset-related postings of depreciation areas in asset accounting. Which of the following settings would lead to an error? Area posts depreciation only Area does not post Area posts APC immediately, depreciation periodically Area posts in real time. What is the purpose of the chart of depreciation? The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting The chart of depreciation defines the asset classes for which you can create fixed assets The chart of depreciation manages country-specific legal valuation of fixed assets The chart of depreciation substitutes the operational chart of accounts in asset-related postings. Which date is used to determine the depreciation start date? Document date Asset value date Posting date Baseline date. Which of the following are valid settlement receivers when you liquidate an asset under construction on a starting basis? Note: There are 2 correct answers to this question. Fixed asset Cost center Functional area Profit center. What settings can you define specifically for an asset class? Note: There are 3 correct answers to this question. Account determination key Asset under construction category Default transaction type for asset posting Maximum amount for low-value assets Synchronization rules for asset and equipment. 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. On which organizational unit level do you define a chart of depreciation? Asset class Company code Chart of accounts Client. You configured asset accounting for your company 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 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 depreciation 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. In Asset Accounting, which object do you use to handle separate valuation for parallel accounting? Chart of depreciation Depreciation key Valuation area Depreciation area. 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 depredation area In the account determination of the asset class In the screen layout of the asset master record In the asset master record of the main asset. Which of the following retirement types is referred to as scrapping? Please choose the correct answer. Partial retirement without revenue and without customer Complete integrated asset retirement Complete retirement with revenue but without customer Unplanned depreciation of remaining value. Your customer wants the values for a special group of asset 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 Financial statement version Account determination key Depreciation 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 APC Immediately, Depreciation Periodically Area Posts Depreciation Area Does Not Post Area Posts in Real Time. 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. What is shared between all deployment options for SAP S/4HANA (Cloud, On-premise)? Note: There are 3 correct answers to this question. Data model Upgrade intervals Code line Configuration scope User experience. Which parameters can you specify directly when you create a new correspondence type? Note: There are 3 correct answers to this question. Document number required Company code required Account required Reason code required Number of date fields required. What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP? Note: There are 2 correct answers to this question. You want to deploy SAP S/4HANA Cloud You want to clean up your system and use SAP Best Practices You want to integrate the system into SAP Cloud Platform You want to use document splitting for the General Ledger. 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 adapt the Iaunchpad color theme according to predefined values for the cash report You can create a tile group with all the apps required for your daily business for easy access You can create access to relevant apps for the North American accounts payable group that reports to you. Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA? S/4HANA on-premise SAP S/4HANA Finance SAP S/4HANA Cloud SAP S/4HANA with Central Finance. Which deployment options exist for SAP S4 HANA? Note: There are 3 correct answers to this question. Agile deployment Cloud deployment Central hub deployment On-premise deployment Hybrid deployment. 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 Success Factors SAP Hybris SAP Concur SAP Fieldglass. 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. Account type Document type Ledger Company code. Which data model is used for SAP S/4HANA? Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP)for Cloud deployments Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables Online analytical processing (OLAP) that is based on aggregated tables and indexes. 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. What are some features of SAP S/4HANA? Note: There are 2 correct answers to this question. SAP HANA is optimized to organize data using column stores SAP HANA is optimized to work with aggregates and index table SAP HANA allows transactional and analytical processing from the same tables SAP HANA is built on a hierarchical data model architecture. What are some of the benefits of how data is handled in SAP S/4HANA? Note: There are 2 correct answers to this question. The data is available in real time at line item detail The data is summarized into higher levels of aggregates to help system performance The data is aggregated on the fly from any line item table The data is analyzed after is extracted and loaded in the reporting system. What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question. The special G/L indicator for the down payment The account where a residual item is posted The exclusion of disputed residual items from credit limit checks The type of payment notice sent to a customer The document type of the payment. 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: There are 3 correct answers to this question. Goods receipt date Value date Posting date Document date Entry Date. What field can you change on a posted invoice? Tax code Special G/L indicator Cost center Payment terms. 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. Which of the following parameters can you define within a dunning procedure? Note: There are 2 correct answers to this question. Number of dunning levels Line item grace period Company code Line item total period. Which of the following steps do you typically perform when executing the payment run with the automatic payment program? Note: 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. 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 Noted items Bill of exchange Statistical postings. What are the results when you post an outgoing partial payment? Note: 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 special G/L transactions are noted items? Note: There are 2 correct answers to this question. Down payment Guarantee of payment Bill of exchange payment request Down payment request. On which levels do you maintain data for an integrated customer account? Note: There are 3 correct answers to this question. Sales area Purchasing organization General data at the client level Company code Profitability segment. 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. What are prerequisites for the 3-way match to work in procurement transactions? Note: There are 2 correct answers to this questions. Goods receipt posted before the invoice receipt Invoice receipt posted in reference to the purchase order Invoice receipt posted before the goods receipt Goods receipt posted in reference to the purchase order. Which of the following standard correspondence types can you use to exchange information with customers and suppliers? Note: There are 2 correct answers to this question. Bill of exchange charges statements Dunning letters Invoices Payment notices. In your system, you currently perform manual outgoing payments and you want to use the automatic payment program. Which settings must you maintain as part of the configuration of the automatic payment program? Note: There are 2 correct answers to this question. Bank determination Special G/L indicators Payment terms Paying company codes. 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. Which parameter indicates that a line item can only be dunned with restrictions? Dunning grouping Dunning Key Dunning Area Dunning block reason. The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps? Account selection Item selection Dun line items Item selection Dun account Dun line items Item selection Dun line items Dun account Account selection Dun line items Dun account. What dunning-related data do you maintain on the business partner master record? Note: There are 3 correct answers to this question. Dunning area Dunning procedure Dunning key Dunning interval Dunning block. What archiving step must precede archiving a supplier invoice posted directly to FI? Archive accounts payables master data Archive data in CO Archive FI transaction figures Perform compression run. What fields of a financial accounting document influence the automatic payment program? Note: There are 3 correct answers to this question. Payment type Payment advice Payment method Payment term Payment block. How does the system determine the correspondence type of a payment notice? According to the reason code, as long as all the reason code carry the same correspondence type According to the reason code, as long as all the tolerance groups carry the same correspondence type According to the tolerance group, as long as all the tolerance groups carry the same correspondence type According to the tolerance group, as long as all the reason code carry the same correspondence type. Which of the following statements best describe a noted item? Note: There are 2 correct answers to this question. It updates the subledger and the general ledger It can be accessed by the payment program It has an automatic statistical offsetting entry It can be used to remind the user about due payments. In customizing, at which levels can you assign the print program to the correspondence type? Note: There are 2 correct answers to this question. At system level At client level At business partner level At company code level. In customizing, at which levels can 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 characteristic maps the business partner to the customer and supplier account groups? Business partner role Business partner category Business partner type Business partner grouping. What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing? Display Required Optional Hide. Which data can you edit in the payment proposal? Note: There are 3 correct answers to this question. House bank Cash discount Invoice amount Payment block Payee. What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this questions. The special G/L indicator for the down payment The account where a residual item is posted The exclusion of disputed residual items from credit limit checks The type of payment notice sent to a customer The document type of the payment. You want to edit a dunning proposal. What actions can you perform to edit a dunning proposal? Note: 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. For which activities can you use an extension ledger? Note: There are 2 correct answers to this question. Parallel valuation of depreciation areas. Configuration of custom fields for financial statements Adjustments for consolidation purposes Simulation of foreign currency valuation. 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 BP type Client BP role. Which stage of the sales process creates documents for both material management and financial accounting? Shipping - Goods Issue Billing Sales Order Creation Shipping - Delivery Creation. How does the system behave when an invoice is processed as a residual payment? The payment difference is written off All documents remain in the account as open items The original document and payment are cleared The payment difference is posted to a different account. |
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