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P_S4FIN_2023 SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Questions and Answers

Questions 4

Which reports are included with SAP S/4HANA, embedded analytics? Note: There are 2 correct answers to this question.

Options:

A.

Analytical List Page reports

B.

Multidimensional reports

C.

SAP Lumira reports

D.

SAP Analysis for Microsoft Office reports

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Questions 5

Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

Options:

A.

The financial statement version for both types of ledgers

B.

The fiscal year variant for the standard ledger

C.

The valuation view for the extension ledger

D.

The posting period variant for the extension ledger

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Questions 6

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and 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 for posting integrated asset acquisitions, how many documents will the system post?

Options:

A.

4

B.

3

C.

1

D.

2

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Questions 7

Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion .What settings must be made to ensure this? Note: There are 2 correct answers to this question

Options:

A.

Use internal number ranges in the customer and supplier account groups after the conversion

B.

Use internal number ranges in the BP groupings after the conversion

C.

Use external number ranges in the customer and supplier account groups for the conversion.

D.

Use external number ranges in the BP groupings for the conversion.

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Questions 8

What can you do with SAP S/4HANA Accrual Management?

Options:

A.

Post planned accrual amounts in table ACDOCP and analyze them in reports.

B.

Automatically calculate accruals for purchase orders with posted valuated goods receipt.

C.

Automatically calculate accruals for asset acquisitions (direct capitalization) with purchase orders.

D.

Post and analyze accruals in all currencies defined for the general ledger.

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Questions 9

Which data is converted during an SAP S/4HANA standard conversion?

Options:

A.

Only company codes and years selected in the customizing for migration

B.

Only company codes selected in the customizing for migration for all the years

C.

All company codes for the years you specify

D.

All company codes with all data of all years

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Questions 10

In an SAP S/4HANA system, which of the following features is mandatory?

Options:

A.

Material ledger

B.

Parallel ledgers

C.

Actual costing

D.

Margin analysis

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Questions 11

You want to convert your system from an account solution into a ledger solution without a prior New G/L migration project.Which scenario can be used?Note: There are 2 correct answers to this question.

Options:

A.

SAP Standard Conversion

B.

New implementation

C.

Selective Data Transition

D.

Chart of Accounts Conversion

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Questions 12

What is posted at the same time to both account-based and costing-based profitability analysis? Note: There are 2 correct answers to this question.

Options:

A.

Actual revenue

B.

Incoming sales orders

C.

Standard cost of goods sold

D.

CO-PA valuated insurance costs

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Questions 13

On which levels can you assign semantic tags to a financial statement version in SAP Fiori?Note: There are 3 correct answers to this question.

Options:

A.

Financial statement item

B.

Functional area

C.

Business area

D.

G/L account

E.

Segment

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Questions 14

You post a payment to a supplier invoice. In the universal journal table, you see that more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? Note: There are 2 correct answers to this question.

Options:

A.

A non-leading ledger

B.

The summarization in ACDOCA

C.

An extension ledger

D.

Zero balance indicator for profit center

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Questions 15

You are converting your system to SAP S/4HANA.Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?

Options:

A.

Depreciation areas for parallel currencies

B.

Non-posting depreciation areas

C.

Year-end closing

D.

Insurance values in the asset master records

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Questions 16

You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? Note: There are 2 correct answers to this question.

Options:

A.

Set the zero balance indicator.

B.

Define a PA transfer structure.

C.

Define a clearing account.

D.

Assign a segment to all G/L accounts

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Questions 17

In what system is it required to perform all system conversion steps to identify and solve conversion errors?

Options:

A.

Production

B.

Quality Assurance

C.

Sandbox

D.

Development

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Questions 18

What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

Options:

A.

A chart of depreciation

B.

A ledger account determination key

C.

An alternative depreciation area

D.

An accounting principle

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Questions 19

What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?

Options:

A.

New asset accounting is activated.

B.

Parallel ledgers are available.

C.

Period posting (ASKB) became obsolete.

D.

New depreciation engine is used.

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Questions 20

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

Options:

A.

It is still limited to 999 line items but you can configure summarization on certain criteria.

B.

It is automatically extended to 999999 line items.

C.

It is now a compatibility view without number restrictions.

D.

It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required

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Questions 21

Which transactions generate a prima nota entry in the system in addition to the universal journal entry? Note: There are 2 correct answers to this question

Options:

A.

Post time sheet data to Controlling (CAT7)

B.

Post FI supplier invoice (FB60)

C.

Settlement of internal order (K088)

D.

Assessment cycle of cost centers (KSU5)

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Questions 22

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

Options:

A.

Central finance

B.

On premise

C.

Private cloud

D.

Public cloud

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Questions 23

In your system you have multiple standard ledgers .Which values can be posted to a single ledger? Note: There are 3 correct answers to this question.

Options:

A.

Accruals

B.

Currency valuation

C.

Taxes

D.

Depreciation

E.

Payments

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Questions 24

Which values are stored in the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

Options:

A.

Transfer prices

B.

Actual costing results

C.

Parallel currencies

D.

Elimination of intercompany postings

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Exam Code: P_S4FIN_2023
Exam Name: SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP
Last Update: Oct 17, 2024
Questions: 80
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