Super admin . 18th Dec, 2021
Question:1
What is the purpose of the chart of depreciation?
Please choose the correct answer.
Response:
Question:2
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?
Please choose the correct answer.
Response:
Question:3
Your customer wants to start using SAP S/4HANA line-of-business solutions. Which of these solutions help you run human resource management processes?
There are 2 correct answers to this question.
Response:
Question:4
What happens to the transaction figures when you post a normal reversal posting? Please choose the correct answer.
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 facilitates country-specific legal valuation of fixed assets.
The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
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. Communicate differences.
4. Post the correction documents.
1. Store the data.
2. Present reconciled and non-reconciled data. 3. Post the correction documents.
4. Communicate differences.
SAP Hybris
SAP Success Factors
SAP Fieldglass
SAP Concur
Response:
Question:5
You are configuring depreciation areas in Asset Accounting. Which of the following settings is NOT permitted?
Please choose the correct answer.
Response:
Question:6
Which edition of SAP S/4HANA introduced the universal journal? Please choose the correct answer.
Response:
Question:7
You can compare text patterns in your statements using the keyword LIKE. Determine whether this statement is true or false.
Please choose the correct answer.
Response:
They are increased.
They are deleted
They are reset.
They are cleared.
Area posts depreciation only
Area posts in real time
Area posts revaluation only
Area does not post
SAP S/4HANA Cloud
SAP S/4HANA 1511
SAP S/4HANA Finance 1503
SAP Business Suite powered by SAP HANA
False
True
Question:8
Which field status has the lowest priority (G/L accounts)? Please choose the correct answer.
Response:
Optional entry
Hide
Display
Required entry
Question:9
Which fields of a financial accounting document influence the automatic payment program? There are 3 correct answers to this question.
Response:
Question:10
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA?
Please choose the correct answer.
Response:
Question:11
What are some of the personalization options available to users in their SAP Fiori launchpad environment?
There are 3 correct answers to this question.
Response:
Payment advice
Payment type
Payment block
Payment term
Payment method
SAP S/4HANA Finance
SAP S/4HANA on-premise
SAP S/4HANA Cloud
SAP S/4HANA with Central Finance
Users can remove applications that they do NOT use.
Users can add new devices from the catalog assigned to them.
Question:12
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?
Please choose the correct answer.
Response:
Question:13
Which statements best describe a profit center? There are 2 correct answers to this question. Response:
Users can add applications from the catalog assigned to them.
Users can remove devices that they do NOT use.
Users can add applications for filtered report results.
Bill of exchange
Noted items
Statistical postings
Free offsetting entries
It is the only object that can be uniformly derived using segments.
It has to be used simultaneously with segments to create separate balance sheet and P&L statements.
It is the only object from which segments can be uniformly derived.
It is an element for which separate balance sheet and P&L statements can be created.
Question:14
On which levels can you activate document splitting? There are 2 correct answers to this question.
Response:
Question:15
Which of the following logistic processes are involved in asset acquisition with materials management (MM)?
There are 3 correct answers to this question.
Response:
Client level
Company code level
Document type level
Ledger level
Goods receipt
Purchase requisition
Inventory receipt
Question:16
Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data? There are 3 correct answers to this question.
Response:
AS91 ABLDT
AS100 – file upload – only on windows OS
LTMC / BAPI
RAALTD01, RAALTD11 – programs not available in S4HANA
Question:17
Cleared items contain which of the following pieces of information? There are 2 correct answers to this question.
Response:
Purchase order
For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT
For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface
For a large quantity of legacy data, use batch input procedure (program RAALTD01)
For a very large quantity of legacy data, use the direct input procedure (program RAALTD11)
For a small quantity of legacy data, use AS100.
Archival information
Clearing date
Due date
Clearing document number
Question:18
Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question.
Response:
Dunning is correspondence to the customer (out sider) – internal company code and reason code not relevance to them
Question:19
What must you do when you set up depreciation areas? Please choose the correct answer.
Response:
Number of date fields required
Account required
Company code required
Reason code required
Document number required
Assign an accounting principle for each depreciation area.
Assign leading depreciation area 01 to leading ledger OL.
Define the relevant asset classes for each depreciation area
Define the valid depreciation keys for each depredation area.
Question:20
What items are NOT cleared by the automatic clearing program? There are 3 correct answers to this question.
Response:
Items that are not cleared by SAP automatic clearing are:
Noted items.
Statistical postings and certain special G/L transactions (down payments and
bills of exchange)
Items with tax withholding tax entries.
Question:21
For which of the following can you park documents? There are 2 correct answers to this question. Response:
Items with value added tax
Noted items
Items with withholding tax
Statistical postings
Items with sales and use tax
General ledger accounts
Material accounts
Sales invoices
Customer accounts
Question:22
What types of data are maintained for a house bank? There are 2 correct answers to this question. Response:
Question:23
Which of the following original Management Accounting objects can you assign in the asset master record?
There are 3 correct answers to this question.
Response:
Data medium exchange (DME) details
General Ledger account
Overdraft limit
payment signatories
Cost element
Cost center
Order
Activity type
Question:24
What is the format of a company code key? Please choose the correct answer. Response:
Question:25
What technology did SAP leverage to eliminate aggregate tables from the SAP S/4HANA system while maintaining compatibility with many legacy programs?
Please choose the correct answer.
Response:
Two-digit alphanumeric
Six-digit alphanumeric
Four-digit alphanumeric
Eight-digit alphanumeric
Compatibility views
Indices
Data aging
Columnar store
Question:26
Which of the following methods does the depreciation key define? There are 3 correct answers to this question.
Response:
Question:27
Which of the following has to be created and assigned to an organizational structure before the Financial Closing Cockpit can be used?
Please choose the correct answer.
Response:
Asset sheet valuation method
Base method
Period control method
Multilevel method
Programs
Flow definitions
Subfolders
Task list template
Question:28
Which statements best describe a chart of depreciation? There are 2 correct answers to this question.
Response:
A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas.
A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is.
A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation.
A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.
Question:29
You want to make the Reference Document Number field required for entry. Which object controls this setting?
Please choose the correct answer.
Response:
Document type
Document reference key
Document posting key
Document field status
Question:30
What are the maintenance levels of a screen layout rule for asset classes? Please choose the correct answer.
Response:
Question:31
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?
Please choose the correct answer.
Response:
Question:32
What type of architecture does SAP Business Workflow use? Please choose the correct answer.
Response:
Question:33
To reduce the load on the system, what should you do with the older documents that exist in the database?
Please choose the correct answer.
Response:
Main asset number, subnumber, depreciation area
Asset class, main asset number, subnumber
Asset class, depreciation area, main asset number, group asset
Depreciation area, asset class, main asset number, subnumber
4
2
1
3
Single-tier
Four-tier
Two-tier
Three-tier
Archive and delete
Backup and delete
Delete
Extract and delete
Question:34
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?
Please choose the correct answer.
Response:
Question:35
The deletion flag is one of the requirements that the system checks before archiving the master data. Determine whether this statement is true or false.
Please choose the correct answer.
Response:
Question:36
Which data model is used for SAP S/4HANA? Please choose the correct answer.
Response:
Posting date and entry date.
Document date and posting date.
Document date and asset value date
Posting date and asset value date
True
False
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) both running on a single system.
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.
Question:37
How do you configure depreciation areas in SAP S/4HANA? There are 2 correct answers to this question.
Response:
Assign a ledger group to each depreciation area.
Ensure depreciation areas always post to the general ledger.
Assign depreciation area 01 to the leading ledger.
Ensure each accounting principle is assigned to a depreciation area.
Question:38
When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset?
There are 3 correct answers to this question.
Response:
Question:39
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.
Response:
Question:40
What sort of special general ledger types exist? There are 3 correct answers to this question. Response:
Description of the asset
Inventory number
Cost center
License plate number
False
True
Final payments
Automatic offsetting entries (statistical)
Free offsetting entries
Other types
Noted items
Question:41
Within the line items of FI documents, what does the posting key control? There are 3 correct answers to this question.
Response:
Question:42
Which of the following types of tasks are available in the Financial Closing Cockpit application? There are 3 correct answers to this question.
Response:
Question:43
Which functions allow you to temporarily save the entered data? There are 2 correct answers to this question.
Response:
Whether the item is posted with reference to primary or secondary cost element
Whether the item is posted as a debit or credit
The account group to which the line item can be posted
The field status of additional details
The account type to which the line item can be posted
Flow definition
Online transactions
Task list template
Remote tasks
Insert function
Save function
Parking function
Hold function
Question:44
How does the SAP HANA architecture improve SAP S/4HANA system performance? Please choose the correct answer.
Response:
Question:45
Which of the following procedures are available to check the balance of receivables and payables in balance confirmations?
There are 3 correct answers to this question.
Response:
Question:46
Which of the following control data is carried by asset classes? There are 3 correct answers to this question.
Response:
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 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 makes extensive use of database indexes providing common access paths to data in order to improve access speed.
Balance request
Balance adjustment
Balance confirmation
Balance notification
Screen layout
Insurance type
Account determination
Number range interval
Question:47
What do you define when you create a new document type? There are 2 correct answers to this question.
Response:
Account types allowed for posting
Posting keys for the document type
Number range for the document type
Reasons for reversal
Question:48
What is the difference between the ledger approach and the accounts approach to parallel valuation in Asset Accounting?
Please choose the correct answer.
Response:
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 accounts approach.
In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.
In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach.
Question:49
A message can contain up to six fields. Determine whether this statement is true or false. Please choose the correct answer.
Response:
Question:50
On which level are asset classes created? Please choose the correct answer. Response:
True
False
Client
Company code
Chart of depreciation
Depreciation area
Question:51
Which is the first step in the procedure of making down payments in the customer area? Please choose the correct answer.
Response:
Question:52
What are the two phases of AuC that are relevant to Asset Accounting? There are 2 correct answers to this question.
Response:
Clearing
Down payment request
Down payment received
Customer invoice
Useful life phase
Assets transfer phase
Accounting phase
Under-construction phase
Question:53
A customer payment was received. An open item does NOT exist for the payment. How can you post the payment?
Please choose the correct answer.
Response:
Question:54
How can you perform transfers of assets between company codes with different charts of depreciation?
Please choose the correct answer.
Response:
Post partial payment
Create a residual item
Post payment on account
Create a down payment
Enter depreciation area mapping during intercompany transfer posting.
Assign the group chart of depreciation to the relevant fixed assets.
Correct depreciation area assignment in the asset master record after posting.
Configure the cross-company depreciation areas in customizing.
Question:55
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?
Please choose the correct answer.
Response:
Question:56
What is controlled by the terms of payment? There are 3 correct answers to this question. Response:
Question:57
What are some features of SAP HANA? There are 2 correct answers to this question. Response:
Define a valuation area and extension ledger to link with the new valuation area.
Define a valuation area and ledger group for two ledgers to link with the new valuation area.
Define two valuation methods and assign the accounting principles to the new valuation methods.
Define two valuation areas and two accounting principles with relevant links to ledgers.
Allowed account type
Default payment method
Setting for net procedure
Account for cash discount received
Determination of the baseline date
SAP HANA is built on a hierarchical data model architecture.
SAP HANA is optimized to work with aggregates and index tables.
SAP HANA allows transactional and analytical processing off the same tables.
SAP HANA is optimized to organize data using column stores.
Question:58
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? There are 3 correct answers to this question.
Response:
Question:59
Identify the three types of tolerances in accounting. There are 3 correct answers to this question. Response:
Question:60
Which of the following parameters can you define within a dunning procedure? There are 2 correct answers to this question.
Response:
Block a line item.
Change the dunning data of an account.
Block an account.
Change a document.
Lower the dunning level of an item.
G/L account tolerance groups
Employee tolerance groups
Special account tolerance groups
Customer/vendor tolerance groups
Line item grace period
Number of dunning levels
Line item total period
Company code
Question:61
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over.
Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy?
Please choose the correct answer.
Response:
Question:62
Which of the following are standard correspondence types? There are 3 correct answers to this question.
Response:
Question:63
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?
There are 2 correct answers to this question.
Response:
Remove the main asset indicator in screen layout maintenance.
Remove the subnumber indicator in screen layout maintenance.
Remove the reference indicator in screen layout maintenance.
Remove the asset class indicator in screen layout maintenance.
Payment notice
Payment proposal
Open items list
Account statement
Document journal
SAPF130K
SAPF130L
SAPF130D
SAPF130E
Question:64
You want to configure the tax calculation procedures. What are the main elements you need to define?
There are 3 correct answers to this question.
Response:
Question:65
Which elements define the integration of asset acquisitions to the general ledger? There are 2 correct answers to this question.
Response:
Question:66
What information is updated on the invoice when you post a complete payment? There are 2 correct answers to this question.
Response:
Tax code
Condition type
Account or transaction key
Sequence of steps
Country key
Depreciation area
Depreciation keys
Valuation area
Asset class
Clearing reason code
Clearing bank
Clearing document number
Clearing date
Question:67
In which of the following segments of a customer or vendor master record can you enter the terms of payment?
There are 3 correct answers to this question.
Response:
Question:68
Which of the following are possible reasons that an invoice would not be paid? There are 3 correct answers to this question.
Response:
Question:69
What is the name of the leading ledger that SAP provides with the standard system? Please choose the correct answer.
Response:
Client level segment
Sales area segment
Company code segment
Purchasing organization segment
An invalid house bank is selected.
The invoice has a debit balance.
The discount period has expired.
The payment amount is less than the minimum amount specified for a payment.
OL
2L
1L
3L
Question:70
Which General Ledger account type do you select to perform activity cost allocations? Please choose the correct answer.
Response:
Question:71
Where can an SAP Fiori end user change the theme of their launchpad? Please choose the correct answer.
Response:
Question:72
On which levels do you maintain data for an integrated customer account? There are 3 correct answers to this question.
Response:
Non-operating expense or income
Primary costs or revenue
Secondary costs
Balance sheet
In the Tile Catalog area of the launchpad designer
In the Tile Group area of the launchpad designer
In the Me area of the launchpad
In the UI theme designer
Company code
General data at the client level
Sales area
Purchasing organization
Profitability segment
Question:73
You are a group cash manager interested in the North American business market. What are the personalization options available to you in SAP Fiori?
There are 2 correct answers to this question.
Response:
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 Iaunchpad color theme according to predefined values for the cash report.
Question:74
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? There are 2 correct answers to this question.
Response:
Question:75
Identify the fields that cannot be changed while changing parked documents. There are 3 correct answers to this question.
Response:
Question:76
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.
Please choose the correct answer.
Response:
You can create access to relevant apps for the North American accounts payable group that reports to you.
Payment terms
Paying company codes
Bank determination
Special G/L indicators
Company code
Document type or document number
Account assignment objects
Currency
10
3
8
5
Question:77
How do you identify an asset as an asset under construction? Please choose the correct answer.
Response:
Question:78
Which prerequisite must be met by the technical clearing account for integrated asset acquisition?
Please choose the correct answer.
Response:
Question:79
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.
Response:
The ordinary depreciation start date is empty.
The asset belongs to a specific asset class.
The asset is assigned to NO depreciation area.
The asset capitalization date is empty.
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.
The account is a reconciliation balance sheet account for fixed assets.
The account is assigned in the asset account determination for each valid depredation area.
The cash discount amount (absolute value) allowed for a line item
The cash discount percentage allowed for the complete document
The total amount (sum of all line items) allowed to be posted
The payment amount allowed for each customer open item
Question:80
Which of the following are the characteristics included in general ledger drilldown reports?
There are 3 correct answers to this question.
Response:
Business area
Response:
Notes:
The variant principle is a combination of three steps as shown below:
Create variant
Maintain values in the variant
Assignment to a company code
Response:
Total debit balance
Segment
Company code
Question:81
Which is the most flexible SAP S/4HANA Cloud solution for customers?
Please choose the correct answer.
Public option
Community option
Private option
Hybrid option
Question:82
The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?
Please choose the correct answer.
Response:
Response:
1
5
3
4
Question:83
Which objects can be posted to by more than one company code?
There are 3 correct answers to this question.
Sales organization
Cost center
Profit Center
Segment
Business area
Question:84
Which of the following statements best describe how core data services (CDS) are developed?
Please choose the correct answer.
They are developed in the ABAP layer of the SAP S/4HANA system by the Analytics end user.
Response:
Notes:
They are developed in the SAP HANA database layer by the Analytics key user .
They are developed in the SAP HANA database layer by the IT user.
They are developed in the ABAP layer of the SAP S/4HANA system by the IT user.
Question:85
What is the purpose of the reorganization of segments?
There are 2 correct answers to this question.
Enables segment derivation.
Enables merge of segments.
Enables segment deletion.
Enables segment reassignments.
Question:86
Which prerequisites must be fulfilled to allow for negative postings of journal entries?
There are 2 correct answers to this question
Response:
Notes:
The reversal accounts must be configured to allow negative postings.
The reversal reason must be configured to allow negative postings.
The posting key must allow negative postings.
The company code must allow negative postings.
Question:87
Which steps are required to create a substitution in Financial Accounting?
There are 3 correct answers to this question.
Response:
Response:
Response:
Assign the substitution rule to the controlling area.
Activate the substitution rule.
Choose the area of application GL.
Select the correct call-up point.
Define the substitution rule with its different steps using the formula editor.
Question:88
You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.
Please choose the correct answer.
True
False
Question:89
What is the recommended organizational unit for cost-of-sales accounting?
Please choose the correct answer.
Notes:
Response:
Controlling area
Functional area
Business area
Sales area
Question:90
What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.
Dunning procedure
Dunning interval
Notes:
Response:
Dunning area
Dunning key
Dunning block
Question:91
Which of the following options can you use to change the G/L account master data using collective processing?
There are 3 correct answers to this question.
Change company code data
Change client level data
Change account descriptions
Change chart of accounts data
Question:92
How can you post accruals?
There are 3 correct answers to this question.
Response:
Accounting of Accrual Deferral Posting Scenario: Accrual Entry and reversal of Rent
Accounting implication of accrual of expenses can be seen on the following example. Suppose that we make a provision for rent on 09.23.2021 and reverse the same on 10.03.2021.
On 09.23.2021:
Provision for rent
Rent/Lease - Other Dr EUR 50000
to Accruals and Deferrals a/c EUR 50000 On 10.03.2021:
Reversal of provision
Execute the periodic accrual run.
Use the recurring entry program.
Post manually at the end of a period, quarter, or year.
Reclassify the receivables and payables.
Run the depreciation program.
Accrual Process:
Accruals and Deferrals a/c dr EUR 50000
to Rent/Lease - Other a/c EUR 50000
Now, suppose the actual rent is paid on 10.05.2021. On 10.05.2021:
Rent Payment
Rent/Lease - Other a/c dr EUR 50000
to bank a/c EUR 50000
SAP Accrual Deferral Posting
In this tutorial, we are going to explain how these accounting postings are done in SAP FI. Here are the steps involved in SAP accrual deferral posting:
1. Definereversalreason(Configuration) 2. Enteraccrual/deferraldocument
3. Reverseaccrual/deferraldocument
4. ActualPaymentofRent
Step 1: Define Reversal Reason
Path: SPRO -> Financial Accounting -> G/L Accounts -> Business Transactions -> Adjustment Posting/Reversal -> Define Reason for Reversal
Negative posting: Check this indicator. When we reverse a transaction, it will be shown at the same side instead of being shown on the other side. For example, if we reverse rent provision on 10.03.2021, it will be shown as the negative balance on the debit side instead of credit side, so that the net effect is zero.
Alternative posting date: Check this indicator. If we do not select this, the system allows us to reverse document only on the original posting date. If this check is selected, it allows reversal entry on any date.
Step 2: Enter Accrual/Deferral Document
Path: Accounting -> Financial Accounting -> General Ledger -> Periodic Posting ->
Closing -> Valuate -> Enter Accrual/Deferral Document Transaction code: FBS1
We will post a normal provision for rent by using FBS1 transaction and we will give a reversal reason and a reversal date. Document is posted on 09.23.2021 and is reversed on 10.03.2021. It means that provision of rent is made on 09.23.2021 and the same is reversed on 10.03.2021. This activity is a part of month end provisions in any company.
Enter Reversal Reason as 04.
Initial Screen Accrual/Deferral
In the next screen, enter the amount of provision to be made and text.
Next Screen Accrual/Deferral
Now, post the transaction. Below is the document posted. Rent account will be debited and outstanding expenses account will be credited.
Accrual/Deferral Document Display
Step 3: Reversal of Accrual/Deferral Document
Path: Accounting -> Financial Accounting -> General Ledger -> Periodic Posting ->
Closing -> Valuate -> Reverse Accrual/Deferral Document Transaction code: F.81
Now, we will reverse the rent provision and salaries provision by entering transaction F.81 in the command field. Then, we will enter company code, reverse posting date, check test run and click on execute button.
Reverse Accrual/Deferral Document
Reverse Accrual/Deferral Document – Test Run Results
After this, we will click on button and the SAP system will show a message that the document has been reversed like shown below.
Reverse Accrual/Deferral Document – Results
Initial Screen of FB03 Transaction
Document # 100000101 (rent provision) is reversed with document # 100000102,
We can also view the reversed document by using transaction FB03 (Display Document).
Reversed Document for Rent
The rent account is credited and the outstanding expenses account is debited.
Step 4: Actual Rent Payment: T.Code FB50
Question:93 In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses? |
Response:
Sales deductions in loss item Material expenses in liabilities item
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
Question:94
When you post a payment for an invoice, how does the system derive the splitting characteristics?
Please choose the correct answer.
Response:
Response:
Response:
Inheritance
Active document splitting
Passive document splitting
Default assignment
Question:95
SAP S/4HANA is the digital core of the intelligent enterprise. Which applications from the SAP portfolio integrate with SAP S/4HANA to help you perform human resource management?
There are 2 correct answers to this question.
SAP Success Factors
SAP C/4HANA
SAP Fieldglass
SAP Ariba
Question:96
What kind of customization can users do on their launchpad?
There are 2 correct answers to this question.
Change the icons on tiles.
Change the names of tiles.
Response:
Response:
Change the name of tile groups
Create their own tile groups.
Question:97
Identify the callup points that have been provided for Financial Accounting (FI).
There are 3 correct answers to this question.
Complete Document
Controlling area
Document header
Document line
Organizational unit
Question:98
Where do you indicate that the useful life of the asset sub-number is identical to the useful life of the main asset?
Please choose the correct answer.
In the screen layout of the asset master record
In the account determination of the asset class
In the screen layout of the depredation area
In the asset master record of the main asset
Question:99 Which prerequisites must be fulfilled before you can use negative postings? There are 2 correct answers to this question. |
Response:
Response:
Response:
The company code must permit negative postings.
The posting key must permit negative posting.
The reversal reason must allow alternative posting dates.
The reversal reason must allow negative postings.
Question:100
How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?
Please choose the correct answer.
2
3
12
16
Question:101
In which object do you define which SAP Fiori apps a user can use?
Please choose the correct answer.
Response:
Response:
Fiori default values
Fiori app library
Fiori tile group
Fiori tile catalog
Question:102
What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question.
Field status group
Secondary costs
Non-operating expense or income
Balance sheet
Reconciliation accounts
Question:103
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.
True
Response:
Response:
False
Question:104
How many cash discount periods can be entered in the terms of payment?
Please choose the correct answer.
8
3
5
2
Question:105
Which standard currency types must be used when configuring the currency settings for company codes?
There are 2 correct answers to this question.
Controlling area currency
Group currency
Company code currency
Document currency
Question:106
Which SAP technological product provides the platform required for SAP to support the digital transformation of an organization?
Please choose the correct answer.
Response:
Response:
Response:
SAP NetWeaver
SAP CRM
SAP HANA
SAP Fiori
Question:107
Identify the criteria that usually differentiate between document change rules.
There are 2 correct answers to this question.
Asset class
Company code
Open items
Account type
Question:108
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.
Simulation extension ledger
Value adjustment keys
Response:
Response:
Account determinations
Accounting principles
Valuation areas
Question:109
Which tasks are stages of dunning execution?
There are 2 correct answers to this question.
Schedule the dunning run.
Maintain the dunning parameters.
Schedule the dunning intervals.
Maintain the dunning levels.
Question:110
Which of the following are the month-end closing activities for external purposes?
There are 3 correct answers to this question.
Post goods issues for deliveries to customers
Perform foreign currency valuations
Close the old period
Create external and internal reports
Question:111
What does the document splitting do?
Please choose the correct answer.
Response:
Response:
Response:
It enriches all revenue account lines with the defined splitting characteristics
It enriches all relevant balance sheet account lines with the defined splitting characteristics.
Question:112
Your customer- performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing?
There are 2 correct answers to this question.
Post recurring entries for the general ledger.
Process bad debt expenses for accounts receivable.
Perform foreign currency valuation for accounts payable.
Create the asset history sheet for asset accounting.
Question:113
Which fields can you edit before posting a parked document?
There are 3 correct answers to this question.
It enriches all profit and loss account lines with the defined splitting characte
It enriches all secondary cost element account lines with the defined splitting characteristics.
Response:
Response:
Amount
Currency
Document type
Account
Posting date
Question:114
A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Please choose the correct answer.
The one in the line item with the largest amount
The system prompts for the user to assign one
The one in the first line item
The one assigned to the tolerance group
Question:115
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?
There are 2 correct answers to this question.
Posting period variant must be created and assigned.
Response:
Response:
Number range and document types must be maintained.
Line item text templates must be maintained.
Tax types and tax codes must be maintained.
Question:116
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.
The initial invoice is cleared.
A payment is created with reference to the invoice.
The initial invoice remains open.
Question:117
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?
Please choose the correct answer.
Controlling area
Company
Company code
Response:
Response:
Response:
Segment
Question:118
Which of the following are the steps of Intercompany reconciliation?
There are 3 correct answers to this question.
Document selection and data storage
Automatic assignment of documents
Manual reconciliation and communication
Automatic presentation of reconciled and non-reconciled data
Question:119
Which activities can you perform with a recurring journal entry?
There are 2 correct answers to this question.
Set rules to distribute amounts to be posted.
Determine the number of postings.
Obtain an overview of related future postings.
Create monthly postings on any date of a month.
Question:120
Which business partner categories are available to manage relationships?
There are 2 correct answers to this question.
Response:
Response:
Person
Customer
Bank
Organization
Question:121
You have a debit amount of 50 and credit amount of 80 as balance on an account. This account is assigned to the assets side in a financial statement version, with the debit indicator and the credit.
How is this shown on the balance sheet?
Please choose the correct answer.
The balance is shown on the liabilities side.
0 is shown on the assets side and 30 is shown on the liabilities side.
The balance is shown on the assets side.
50 is shown on the liabilities side and 80 is shown on the assets side.
Question:122
You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution?
There are 2 correct answers to this question.
Message
Replacement
Response:
Response:
Check
Prerequisite
Question:123
Which data can you edit in the payment proposal?
There are 3 correct answers to this question.
Payee
Cash discount
Payment block
Invoice amount
House bank
Question:124
What do you define when configuring asset classes?
There are 3 correct answers to this question.
Posting keys
Screen layout rules
Account determination
Number ranges
Response:
Response:
Financial statement version
Question:125
Which of the following fields can be changed in the document header?
There are 2 correct answers to this question.
Currency exchange rate
Document date
Reference number
Document header text
Question:126
Which of the following components make up an archiving object?
There are 3 correct answers to this question.
Data declaration part
Customizing settings
Programs
Variables
Question:127
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?
Please choose the correct answer.
Response:
Response:
Response:
The same payment method
The same bank details
The account link
The alternative payer and payee
Question:128
What checks does the year-end closing program (RAJABSOO) perform?
There are 2 correct answers to this question.
Depreciation and asset balances are posted in full.
Last fiscal year has been updated.
Depreciation lists and the asset history sheet have been checked.
Assets are complete and error-free.
Question:129
Which items can you clear with the automatic clearing program?
Please choose the correct answer.
Items with withholding tax entries
Noted items
Bank transaction items
Response:
Response:
Statistical postings
Question:130
Which stage of the sales process creates documents for both Materials Management and Financial Accounting?
Please choose the correct answer.
Sales order creation
Shipping - delivery creation
Shipping - goods issue
Billing
Question:131
Which data sections are part of every asset class?
There are 2 correct answers to this question.
Master data section
Account determination data section
Depreciation data section
Valuation area data section
Question:132
Which of the following functions include the important functions of the SAP List Viewer tool?
There are 3 correct answers to this question.
Response:
Response:
Response:
Deleting and inserting columns
Defining print parameters
Calculating totals and subtotals
Setting filters
Question:133
Which of the following are SAP Fiori design principles?
There are 2 correct answers to this question.
Rational
Responsive
Routine
Role-based
Question:134
Which of the following statements is correct for external number assignment (manual posting)?
Please choose the correct answer.
The number must be assigned in a sequence.
The number is the last document number.
Response:
Response:
The number is entered by the user.
The number is automatically assigned.
Question:135
For which type of account is the line item display generally active?
Please choose the correct answer.
Customer account
Reconciliation account
Special general ledger account
Vendor account
Question:136
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?
Please choose the correct answer.
The balance of the new account is added to the notes in the financial statem section and is excluded from the calculation.
The balance of the new account is added to the notes in the financial statem section and is included in the calculation.
e
The balance of the new account is added to the non-assigned section and is i the calculation.
e
Response:
Response:
The balance of the new account is added to the non-assigned section and is the calculation.
Question:137
What is the order of configuration within the SAP Financial Closing cockpit?
Please choose the correct answer.
Define dependencies, create template, create tasks, create task list, release
Create template, create task list, create tasks, define dependencies, release
Create template, create tasks, define dependencies, create task list, release
Question:138
Which of the following is the first step in the variant principle?
Please choose the correct answer.
Define variant
Determine values for the variant
Assign the variant to the objects
Create multiple variants
Question:139
Which of the following parameters are controlled by the screen layout?
There are 3 correct answers to this question.
e
Create task list, release task list, define dependencies, create template, crea
Response:
Response:
Response:
Reference
Field selection
Number range
Maintenance level
Question:140
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 credit memos, even after assets under construction are capitalized.
Question:141
What are the pillars of the SAP Fiori user experience paradigm?
There are 3 correct answers to this question.
Vibrant
It is possible to post special tax depreciation and investment support for asse construction.
It is possible to calculate and post depreciation in the balance sheet deprecia assets under construction.
It is impossible to use assets under construction with Investment Manageme
Response:
Question:142
Which of the following parameters can be changed on a time-dependent basis?
There are 3 correct answers to this question.
Response:
Role-based
User-based
Simple
Responsive
Question:141
Which of the following objects are relevant to the dunning program configuration?
There are 3 correct answers to this question.
Dunning levels
Expenses or charges
Bank selection
Minimum amounts
Variable depreciation portion
Depreciation key
Depreciation start date
Response:
Response:
Useful life (year or period)
Question:143
For which of the following special G/L transactions does the SAP S/4HANA application not update the transaction figures?
Please choose the correct answer.
Noted items
Special general ledger account
Customer account
Vendor account
Question:144
In the integrated scenario for down payments, in what step of the process do you enter the down payment information?
Please choose the correct answer.
Down payment monitoring
Invoice verification
Purchase order creation
Goods receipt creation
Question:145
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?
Please choose the correct answer.
Response:
Response:
Response:
You have to use continuous number assignment.
You have to use external number assignment.
You can use internal, external, or continuous number assignment.
You have to use internal number assignment.
Question:146
There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence. There are 3 correct answers to this question.
Start the dunning printout.
Schedule the dunning run.
Change the dunning proposal.
Maintain the parameters.
Question:147
What must you do to create new validations and substitutions?
There are 2 correct answers to this question.
Deactivate all former validations and substitutions
Response:
Response:
Response:
Select the relevant call-up point
Define the area of application
Choose the chart of accounts
Question:148
True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it.
Please choose the correct answer.
True
False
Question:149
Which of the following is an example of an automatic offsetting entry?
Please choose the correct answer.
Posting of a guarantee of payment
Bank posting of a received down payment
Down payment request
Question:150
Which of the following are the different history sheet groups that each version of asset history sheets can contain?
There are 3 correct answers to this question.
Response:
Response:
Book values at the end of the fiscal year
Acquisitions
Imputed interest
Reposting
Question:151
Which field can you change on a posted invoice?
Please choose the correct answer.
Cost center
Special G/L indicator
Tax code
Payment terms
Question:152
You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for an 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?
Please choose the correct answer.
Area Posts in Real Time
Area Posts APC Immediately, Depreciation Periodically
Response:
Response:
Area Does Not Post
Area Posts Depreciation Only
Question:153
Which statements best describe extension ledgers in SAP S/4HANA?
There are 2 correct answers to this question.
Extension ledgers can be assigned their own fiscal year variant.
Extension ledgers can have different currencies than the underlying ledger.
Multiple extension ledgers can point to the same underlying ledger.
Extension ledgers can be assigned their own posting period variant.
Question:154
At what level is the bank master data stored in SAP S/4HANA?
Please choose the correct answer.
At controlling area level
At company level
At client level
At company code level
Question:155
At which level do you assign the print program to the correspondence type?
Please choose the correct answer.
Response:
Response:
At company code level only
At system level
At client or company code level
At client level only
Question:156
What is the correct order of steps when you use the SAP I financial Closing Cockpit?
Please choose the correct answer.
1. Create tasks
2. Define dependencies 3. Create template
4. Create task list
5. Release task list
1. Create template
2. Create tasks
3. Define dependencies 4. Create task list
5. Release task list
1. Create template
2. Create tasks
3. Create task list
4. Define dependencies 5. Release task list
Response:
Response:
1. Create tasks
2. Define dependencies 3. Create task list
4. Create template
5. Release task list
Question:157
For which special G/L indicator do you specify a target special G/L indicator?
Please choose the correct answer.
Guarantee given
Vendor down payment request
Bill of exchange
Customer down payment
Question:158
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.
Deprecation start date
Capitalization date
Net book value
Asset class
Question:159
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.
Response:
Response:
Question:161 Which of the following standard currency types can you set in customizing activity "define setting for ledgers and currency type"? |
Response:
True
False
Question:160
Which data do you define on the bank master record?
There are 2 correct answers to this question.
A unique bank country
Corresponding business area
Payment and dunning information
Address data and control data
Local Currency
Response:
Response:
Transaction Currency
Material Ledger Currency
Group Currency
Question:162
For which of the following transactions can you use noted items?
Please choose the correct answer.
Customer payment
Late payment
Down payment request
Vendor payment
Question:163
Which of the following special G/L transactions are noted items?
There are 2 correct answers to this question.
Down payment
Down payment request
Bill of exchange payment request
Guarantee of payment
Question:164
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.
Response:
Response:
Response:
Depreciation is posted in full.
Assets are complete and error free.
Fixed asset fiscal year change is complete.
General ledger and subledgers are closed.
Question:164
You are responsible for configuring document splitting. What are some of the key settings?
There are 2 correct answers to this question.
Business transaction variant
Document type
Document number range
Field status variant
Question:165
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?
There are 2 correct answers to this question.
Response:
Response:
Check to see if the goods were invoiced by the key date, but have not yet been delivered.
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 ordered by the key date, but have not been received.
Check to see if the goods were produced by the key date, but have not been invoiced.
Question:166
Which business partner characteristic is mapped to the customer and supplier account groups?
Please choose the correct answer.
Business partner type
Business partner grouping
Business partner category
Business partner role
Question:167
Which of the following steps are parts of the process of configuring the payment program?
There are 3 correct answers to this question.
Response:
Response:
Configure the G/L account field status for document entry
Configure the house banks
Configure the paying company codes
Configure the payment methods for each company code
Question:168
The SAP HANA database relies on which of the following technologies for storing data?
There are 3 correct answers to this question.
Indexing
In-memory
Aggregation
Columnar store
Compression
Question:169
True or False: In an environment of systems using SAP HANA, you can perform both OLAP and OLTP processing without duplication of the data for the SAP BW and SAP ERP systems.
Please choose the correct answer.
True
Response:
Response:
Question:172
On which levels can you maintain field status controls for business partners (BP)?
There are 3 correct answers to this question.
Response:
False
Question:170
What does the document type control?
There are 2 correct answers to this question.
Which posting keys are allowed for postings
Whether negative postings are permitted
Which account types are allowed for postings
Whether exchange rate difference is permitted
Question:171
What object determines the number range for business partner master data?
Please choose the correct answer.
Business partner category
Business partner grouping
Business partner role
Business partner type
Question:173
You have been asked to set up house banks as part of the implementation. What information do you need?
There are 3 correct answers to this question.
Response:
Response:
Client
BP type
BP category
BP role
Company code
Payment method
Company code
General ledger account
Supplier account
Bank master data
Question:174
In which application areas can you use validation?
There are 2 correct answers to this question.
Profit Center Accounting
Response:
Response:
Asset Accounting
Materials Management
Cost Accounting
Question:175
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.
The balance carry-forward to the new fiscal year must have taken place.
You must have specific authorization to post in special periods.
You must enter a posting date in the last posting period.
Question:176
Which dates can you use for tax calculation?
There are 2 correct answers to this question.
Document date
Due date
Posting date
Entry date
Question:177 What are the benefits of public cloud deployments of SAP S/4HANA? There are 2 correct answers to this question. |
Response:
Response:
Response:
One-time license investment
IT cost savings
Increased customizing flexibility
Always up to date
Question:178
How does the system behave when an invoice is processed as a residual payment?
Please choose the correct answer.
The original document and payment are cleared.
All documents remain in the account as open items.
The payment difference is written off.
The payment difference is posted to a different account
Question:179
Which of the following statements are correct?
There are 2 correct answers to this question.
A task can be assigned only one possible processor.
Response:
Response:
A company code can be assigned several workflow variants.
It is possible to design multilevel workflow sequences.
The same workflow variant can be assigned to several company codes.
Question:180
Which of the following currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.
Group currency
Transaction currency
Local currency
Material ledger currency
Question:181
Document splitting is active in your company code. The splitting characteristic is the profit center. All accounts are assigned. You post a vendor invoice with a single expense that are all assigned to different profit Centers. The expense is changed with10% VAT.
How many line items are created in the Entry view and how many are created in the General Ledger view?
Please choose the correct answer.
Entry view: 5
General Ledger view: 7
Response:
Response:
Entry view: 3
General Ledger view: 9
Entry view: 3
General Ledger view: 7
Entry view: 5
General Ledger view: 9
Question:182
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?
There are 2 correct answers to this question.
Business area level
Segment level
Client level
Company area level
Question:183
You are configuring accrual types for the accrual engine. For which postings is account determination required?
There are 2 correct answers to this question.
Periodic only
Opening and Closing Posting only
Response:
Opening Posting only
Closing Posting only
Question:184
What data do you maintain in the chart of accounts sections of a General Ledger account?
Please choose the correct answer.
Consolidation data
Authorization data
User data
Reconciliation data
Question:185
What do you configure to allow cross-company-code transactions?
There are 2 correct answers to this question. Notes: T.Code OBYA
Response:
Question:186
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
There are 3 correct answers to this question.
Response:
Account types
Special G/L indicator
Posting keys
Clearing accounts
Add required authorizations for data aging to your role.
Switch on the data aging business function.
Activate aging on SAP HANA.
Activate data aging for your company code.
Response:
Response:
Define the logical file path as a global path for data aging.
Question:187
What do you define in payment terms?
There are 2 correct answers to this question.
Due date specification
Tolerance days
Cash discount
Posting key
Question:188
In Asset Accounting, which object do you use to handle separate valuation for parallel accounting?
Please choose the correct answer.
Chart of depreciation
Depreciation key
Depreciation area
Valuation area
Question:189
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.
Response:
Response:
Response:
You can only post to the account in USD.
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.
Question:190
Which attributes should you consider when defining asset number ranges?
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 number range has to be assigned to a unique asset class.
Each asset class can have either an internal or external number range.
Question:191
You need to enter a percentage rate in the terms of payment to calculate _____
Please choose the correct answer.
Cash discount
Response:
Response:
Invoice discount
Debit amount
Credit amount
Question:192
For which activities can you use an extension ledger?
There are 2 correct answers to this question.
Adjustments for consolidation purposes
Parallel valuation of depreciation areas
Simulation of foreign currency valuation
Configuration of custom fields for financial statements
Question:193
What is the maximum dunning level that can be assigned to a dunning procedure?
Please choose the correct answer.
11
9
7
1
Question:194
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.
Response:
Response:
Response:
Your own application catalog
Your own application group
Your own application tile
Your own financial statement version
Question:195
What is the maximum number of steps possible in validation?
Please choose the correct answer.
99
199
566
999
Question:196
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.
Response:
Response:
Question:197
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?
There are 2 correct answers to this question.
Account type
Ledger
Document type
Company code
Question:198
In which step of the SAP Financial Closing Cockpit configuration do you define parameters settings for variables of program variants?
Please choose the correct answer.
Template creation
Create two external number ranges with the same range and assign one to e relevant document types.
Enter the same document number range in the customizing definition of both types.
Create a substitution rule that updates the document number based on the r assign in the rule definition.
Create two internal number ranges with the same range and assign one each relevant document types.
Response:
Response:
Task list release
Dependency definition
Task list creation
Question:199
Identify the application areas where validations and substitutions can be used.
There are 3 correct answers to this question.
AA – Asset Accounting
CO – Cost Accounting
FI – Financial Accounting
SD – Sales and Distribution
Question:200
What are the features of the Accrual Engine in SAP S/4HANA?
There are 2 correct answers to this question.
The FI reversal is NOT supported.
All currencies of general ledger are supported.
The fiscal year variant of the general ledger is supported.
Complex postings with more than two line items are NOT possible.
Question:201
Financial statement versions consist of a maximum of 10 hierarchy levels. Determine whether this statement is true or false.
Please choose the correct answer.
Response:
Response:
Question:203 Which of the following can you use for multiple programs with variants that are to be processed automatically? |
Response:
True
False
Question:202
Which closing activities are used in external reporting as per SAP best practices?
There are 2 correct answers to this question.
Perform valuations of open items in foreign currency.
Reclassify receivables and payables.
Execute the plan cost center assessment cycle.
Update product cost estimates.
Flow definition
Online transactions
Response:
Response:
Remote tasks
Task list template
Question:204
How does SAP S/4HANA support the treatment of taxes?
There are 3 correct answers to this question.
It performs tax adjustments for cash discounts and other forms of deductions.
It checks the tax amount entered and automatically calculates the tax.
It posts the tax amount to tax accounts.
It performs the adjustment to the tax codes and automatically updates the procedure.
Question:205
Which deployment options exist for SAP S4HANA?
There are 3 correct answers to this question.
Cloud deployment
Hybrid deployment
It checks the tax codes and automatically updates the tax rates based on cha tax authorities.
Response:
Question:207
Which entries do you define when maintaining a G/L account?
There are 3 correct answers to this question.
Response:
Central hub deployment
Agile deployment
On-premise deployment
Question:206
What is the first step in the reconciliation process?
Please choose the correct answer.
Collect data from different companies
Communicate differences
Present reconciled and non-reconciled data
Account group
Profit center
Field status group
Ledger assignment
Account Type
Question:208
The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false.
Please choose the correct answer.
Notes: T.Code OKP1
Response:
Response:
True
False
Question:209
True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser.
Please choose the correct answer.
False
Response:
Response:
True
Question:210
Identify the steps performed during the general ledger closing operations for the fiscal year.
There are 3 correct answers to this question.
The balance carry forward program is run.
Vendor invoices are posted.
Foreign currency documents are valuated.
Accruals are carried out.
Question:211
You define custom currency type Z1 for your company code. Which currency types must be stored in the Data Entry view?
There are 2 correct answers to this question.
Document currency
Object currency
Company code currency
Custom currency type Z1
Question:212
What information is provided when you execute the balance audit trail?
Please choose the correct answer.
Response:
Response:
Response:
The starting balance and the yearly changes to the balance of a general ledger account
A list of changes of maintained sensitive fields in general ledger accounts
A comparison of general ledger account balances across ledgers
The open account balances for customer accounts and supplier accounts
Question:213
Down payments received reduce the total of which of the following entities?
Please choose the correct answer.
Receivables
Bank balance
Payables
Inventory
Question:214
What do you need to do to configure a new exchange rate type in SAP S/4HANA?
There are 2 correct answers to this question.
Specify the direct or indirect quotation.
Specify a purpose for the exchange rate type.
Response:
Response:
Maintain exchange rates daily.
Set up the relationship between currencies using translation ratios.
Question:215
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?
Please choose the correct answer.
Functional Area
Business Area
Segment
Cost Center
Question:216
How does SAP S/4HANA reduce system complexity and improve system efficiency?
There are 2 correct answers to this question.
By providing application code that deals with aggregates and indexes
By removing views of data at runtime from the same source tables
By removing application code that deals with aggregates and indexes
By providing views of data at runtime from the same source tables
Question:217
You need to make the line item text field mandatory during document entry. Which objects should you analyze to fulfill this request?
There are 2 correct answers to this question.
Response:
Response:
Question:219 With the automatic clearing program, a user can clear open items for which of the following items? |
Response:
Posting key
G/L account
Document type
Account group
Question:218
On which organization unit level do you define a chart of depreciation?
Please choose the correct answer.
Chart of accounts
client
Asset class
Company code
Response:
Response:
General ledger
Subledger accounts
Special general ledger indicator
Currency
Question:220
Which activities are supported by the regrouping program of receivables and payables?
There are 2 correct answers to this question.
Regrouping open items based on changed reconciliation accounts
Grouping receivables and payables by their remaining life
Regrouping of receivables and payables to accrual earnings or expense
Question:221
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?
There are 3 correct answers to this question.
Posting date
Document date
Regrouping and clearing open items for affiliated companies on customers an
Question:222
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.
Response:
Response:
Value date
Goods receipt date
Entry date
Review the payment proposal exception list.
Maintain open item selection parameters.
Rank bank accounts for payment.
Define maximum amounts to be paid per supplier.
Question:223
Which program is used to enter accruals and deferrals regularly?
Please choose the correct answer.
Ledger grouping
Devising program
Recurring entry program
Compact document journal
Question:224
A user wants to add an application to his SAP Fiori home page but can’t find it in the App Finder. What does the admin have to do?
Please choose the correct answer.
Response:
Response:
Response:
Add the tile to a tile group already assigned to the user.
Add the corresponding tile catalog to the tile group.
Assign the corresponding SAP Fiori tile catalog to the user.
Assign the corresponding SAP Fiori tile group to the user.
Question:225
Which of the following tolerance groups should every company code always have?
Please choose the correct answer.
Defined
Named
Special
Blank
Question:226
Which sequence of steps allows a three-way match in procurement transactions?
Please choose the correct answer.
Purchase order, invoice receipt, goods receipt
Response:
Response:
Purchase requisition, purchase order, goods receipt
Purchase order, purchase requisition, invoice receipt
Purchase requisition, goods receipt, invoice receipt
Question:227
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 interval 1
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
Question:228
Which information is checked by the system before a general ledger account k archived?
Please choose the correct answer.
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.
Response:
Response:
The assigned group account is already archived.
Question:229
During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question.
Simulate
Post
Hold
Park
Question:230
The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps?
Please choose the correct answer.
Account selection Dun line items Dun account
Item selection Dun line items Dun account
Account selection Item selection Dun line items
Response:
Response:
Item selection Dun account Dun line items
Question:231
What do you define in Customizing for the payment program?
There are 3 correct answers to this question.
Forms for the payment media
Exchange rate type
Allowed currencies
Payment run ID
Bank determination
Question:232
What are the characteristics of a company in SAP S/4HANA?
There are 2 correct answers to this question.
It can be assigned to a company code.
It is responsible for costs and revenues within an organization.
It is considered for consolidation.
It represents separate areas of operation within an organization.
Question:233
On what basis does the system determine the period for the asset retirement?
Please choose the correct answer.
Response:
Response:
Response:
Net book value
Asset value date (asset retirement date)
Question:234
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 asset classes and maintain their attributes.
Configure depreciation keys and calculation keys.
Copy the chart of depreciation and maintain depreciation areas.
Define general ledger accounts per each category of legacy asset.
Question:235
For general ledger account posting, which one of the following standard posting keys is for debit?
Please choose the correct answer.
40
01
Response:
Response:
50
31
Question:236
In a valuation method, which of the following is not a valuation approach for foreign currency valuation?
Please choose the correct answer.
Lowest value principle
High rate of interest principle
Strict lowest value principle
Revalue only
Question:237
You need to perform mid-year legacy system migration for assets in a new company code. Which data must you migrate?
There are 3 correct answers to this question.
Accumulated depreciation per cost center
Current year posted depreciation
Current year asset acquisition transactions
Fully depreciated fixed asset master records
Response:
Question:239
Which of the following information is entered in the chart of accounts segment of a G/L account?
There are 3 correct answers to this question.
Response:
Question:240 Which currency valuation program is replaced by FAGL_FCV? Please choose the correct answer. |
Closed year asset sale transactions
Question:238
Which of the following segments contains the general data of a customer or vendor that can be accessed throughout the organization?
Please choose the correct answer.
Client level
Account level
Company code
Organization level
Account number
Currency fields
Consolidation fields
Control fields
Response:
Response:
Response:
FAGL_FC_VALUATION
FAGL_VALUATION
SAPF100
SAPF130K
Question:241
Identify some of the fields related to the depreciation area in the asset master record.
There are 3 correct answers to this question.
Useful life
Asset description
Scrap value
Depreciation start
Question:242
On which database is SAP S/4HANA built to run?
Please choose the correct answer.
On all databases that support columnar data storage
On a select list of SAP and third-party databases
Response:
Response:
On all modern enterprise level databases
Only on SAP HANA
Question:243
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management?
Please choose the correct answer.
Creation of purchase order
Goods receipt
Invoice receipt
Question:244
SAP HANA makes extensive use of which high-speed hardware technology to offer more speed?
Please choose the correct answer.
Solid-State Drives (SSDs)
Multicore CPUs
Graphic Processing Units (GPUs)
Read-only memory
Question:245
Identify some of the checks for archiving G/L accounts (master data).
There are 3 correct answers to this question.
Response:
Response:
Question:247
In the integrated scenario for down payments, in what step of the process do you enter the down payment information?
Please choose the correct answer.
Response:
Is the fiscal year closed?
Are there (still) transaction figures (for example, have they already been archived)?
Has a deletion indicator been set?
Are there (still) documents?
Question:246
What are some of the benefits of SAP S/4HANA?
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 analyzed after it is extracted and loaded in the reporting system.
The data is available in real time at line item detail.
Response:
Response:
Down payment monitoring
Invoice verification
Purchase order creation
Goods receipt creation
Question:248
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?
There are 2 correct answers to this question.
Account determination key
Financial statement version
Asset class
Depreciation area
Question:249
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 is used for cross-company-code reporting if the company codes use
Response:
Response:
different charts of account.
It defaults the number interval that is applied for the G/L account number in the company code.
Question:250
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
Complete retirement with revenue but without customer
Partial retirement without revenue and without customer
Question:251
Which parameter indicates that a line item can only be dunned with restrictions?
Please choose the correct answer.
Dunning grouping
Dunning block reason
Dunning area
It acts as the key to identify the balance sheet and profit-and-loss accounts i statement version.
Response:
Response:
Dunning key
Question:252
Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects?
Please choose the correct answer.
Fact sheet
Transactional
Configuration
Analytical
Question:253
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.
Payment notices
Bill of exchange charges statements
Dunning letters
Invoices
Question:254
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.
Response:
Question:255 What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing? |
Response:
Response:
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 and output tax.
Create new tax codes with the 18% percentage for input tax.
Required
Display
Hide
Optional
Question:256
You want to specify the financial statement version for asset reports in Customizing. Where do you need to assign the financial statement version? Please choose the correct answer.
Response:
Response:
To each depreciation area
To each accounting principle
To each company code
To each chart of depreciation
Question:257
The usage of which of the following depreciation types can be activated per depreciation area?
There are 3 correct answers to this question.
Ordinary depreciation
Unplanned depreciation
Scheduled depreciation
Special depreciation
Question:257
Identify the reasons for archiving data.
There are 3 correct answers to this question.
Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups.
Improving response times and ensuring good response times.
Response:
Question:259
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?
Please choose the correct answer.
Response:
Using data as a backup.
Lowering the effort involved in database administration.
Question:258
Delta postings can execute revaluation. Determine whether this statement is true or false.
Please choose the correct answer.
True
False
4
1
6
3
Question:260
Which of the following product lines does the SAP S/4HANA system rely on for most human resource management functions?
Please choose the correct answer.
Response:
Response:
Response:
SAP SuccessFactors
SAP Ariba
Concur
SAP Hybris
Question:261
Data in the SAP HANA database is stored in which two ways?
There are 2 correct answers to this question.
Vector
Column
Row
Random
Question:262
Which of the following lists support the dunning clerk’s work?
There are 3 correct answers to this question.
The dunning history list
The list of vendor balances in local currency
The dunning list
Question:263
What settings can you define specifically for an asset class?
There are 3 correct answers to this question.
Response:
Response:
The blocked accounts list
Account determination key
Asset under construction category
Synchronization rules for asset and equipment
Default transaction type for asset posting
Maximum amount for low-value assets
Question:264
Which of the following statements best describe a noted item?
There are 2 correct answers to this question.
It has an automatic statistical offsetting entry.
It can be used to remind the user about due payments.
It can be accessed by the payment program.
It updates the subledger and the general ledger.
Question:264
Which of the following statements apply to the special general ledger types of noted items?
There are 3 correct answers to this question.
Response:
Response:
Response:
Noted items are posted to an alternative reconciliation account.
No zero-balance check is made in the system.
No special general ledger indicators of your own can be created of this type.
The account for the offsetting entry is selected automatically.
No postings are made on an offsetting account.
Question:265
Which of the following are posted in the program FAA_DEPRECIATION_POST?
There are 3 correct answers to this question.
Unplanned depreciation or other manually planned depreciation
Parallel APC values
Ordinary depreciation such as book depreciation or imputed depreciation
Imputed interest
Question:266
Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line item basis?
There are 2 correct answers to this question.
Response:
Question:268 You want to define a validation for the combination of general ledger account and cost center. For which call-up point do you define this validation? |
Response:
Fixed asset
Functional area
Cost center
Profit center
Question:267
True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter of required scope.
Please choose the correct answer.
True
False
Document header
Complete document
Document line
Cost of sales accounting
Question:269
Where is the billing document created?
Please choose the correct answer.
Response:
Response:
Response:
Sales and Distribution
Accounting
Financial Accounting
Materials Management
Question:270
When you post a manual incoming payment, which parameters are valid for all payment documents?
There are 2 correct answers to this question.
Residual item
Bank account
Tolerance group
Journal entry type
Question:271
True or False: The only version of the public cloud edition of SAP S/4HANA a customer can be on is the latest released version.
Please choose the correct answer.
Response:
Question:273
When can you set the open item management indicator in a general ledger account?
There are 2 correct answers to this question.
Response:
True
False
Question:272
Which fields of a financial accounting document influence the automatic payment program?
There are 3 correct answers to this question.
Payment advice
Payment method
Payment term
Payment type
Payment block
When an account is used as a reconciliation account
When an account is required for clearing
When an account has a zero balance
When an account is set up as a cost element
Question:274 Which of the following options are included in the Asset Explorer? There are 3 correct answers to this question. |
Response:
Response:
Post documents.
Drill down to reports.
Drill down to Financial Accounting (FI) document.
Display depreciation calculation.
Question:275
In stock valuation, which of the following groups of stocks are valuated?
There are 3 correct answers to this question.
Work in process
Goods invoiced
Finished goods
Raw materials, supplies, and consumables
http://slkjfdf.net/ - Ocilat <a href="http://slkjfdf.net/">Ovbuti</a> awm.lxwg.inclassacademy.com.vuv.kv http://slkjfdf.net/