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SAP S4H Associate Exam Q & A

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.

page1image45381440

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.

page1image45383104

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

SAP Hybris

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SAP Success Factors

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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:

page2image39164480 page2image39159872 page2image45376240

They are increased.

page2image39166208 page2image39162176 page2image39161600page2image39158912

They are deleted

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They are reset.

page2image39166592 page2image39165632 page2image39164864page2image39163328

They are cleared.

page2image39163136 page2image39162368 page2image39162752page2image39158336

Area posts depreciation only

page2image39159104 page2image39160448 page2image39160640page2image39170048

Area posts in real time

page2image39169280 page2image39169856 page2image39157952page2image39158528 page2image45377280

Area posts revaluation only

page2image39161216 page2image39159488 page2image39171392page2image39173120

Area does not post

page2image39173312 page2image39173696page2image45375824 page2image39173888page2image39172352

SAP S/4HANA Cloud

page2image39172544 page2image39172736 page2image39173504page2image39309440

SAP S/4HANA 1511

page2image39315968 page2image39313664 page2image39314048page2image39313856

SAP S/4HANA Finance 1503

page2image39320960 page2image39313472 page2image39317120page2image39311360 page2image45375408

SAP Business Suite powered by SAP HANA

page2image39310592 page2image39310208
page3image39233280 page3image39232896

False

page3image39229056 page3image39225984 page3image39230400page3image39230208 page3image45456912

True

page3image39230784 page3image39231552 page3image45463152

Question:8
Which field status has the lowest priority (G/L accounts)? 
Please choose the correct answer.
Response:

page3image39231744 page3image39231360 page3image45463360

Optional entry

page3image39231936 page3image39234240 page3image39224640page3image39241984

Hide

page3image39241792 page3image39250624 page3image39242176page3image39251008

Display

page3image39250816 page3image39223040 page3image39216128page3image39221888

Required entry

page3image39222080 page3image39221504 page3image45463568

Question:9
Which fields of a financial accounting document influence the automatic payment program? 
There are 3 correct answers to this question.
Response:

page4image45557504

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

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Payment block

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Payment term

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Payment method

SAP S/4HANA Finance

SAP S/4HANA on-premise

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SAP S/4HANA Cloud

SAP S/4HANA with Central Finance

page4image45553344

Users can remove applications that they do NOT use.

Users can add new devices from the catalog assigned to them.

page5image45373952 page5image45373744

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:

page5image45373120

Users can add applications from the catalog assigned to them.

Users can remove devices that they do NOT use.

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Users can add applications for filtered report results.

Bill of exchange

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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.

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It is the only object from which segments can be uniformly derived.

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It is an element for which separate balance sheet and P&L statements can be created.

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Question:14
On which levels can you activate document splitting? 
There are 2 correct answers to this question.
Response:

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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:

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Client level

page6image45464608

Company code level

Document type level

Ledger level

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Goods receipt

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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:

page7image45379568 page7image45380608

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:

page7image45379152

Purchase order

page7image45378320

For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT

page7image45378736

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)

page7image45377072

For a small quantity of legacy data, use AS100.

Archival information

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Clearing date

Due date

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Clearing document number

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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:

page8image45375200

Number of date fields required

page8image45374160

Account required

Company code required

Reason code required

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Document number required

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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.

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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

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Noted items

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Items with withholding tax

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Statistical postings

Items with sales and use tax

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General ledger accounts

Material accounts

Sales invoices

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Customer accounts

Question:22
What types of data are maintained for a house bank? 
There are 2 correct answers to this question. Response:

page10image45363392 page10image45363184

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:

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Data medium exchange (DME) details

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General Ledger account

Overdraft limit

payment signatories

Cost element

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Cost center

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Order

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Activity type

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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:

page11image39147712 page11image39145216

Two-digit alphanumeric

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Six-digit alphanumeric

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Four-digit alphanumeric

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Eight-digit alphanumeric

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Compatibility views

page11image39152128 page11image39152320 page11image39152512page11image39152896

Indices

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Data aging

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Columnar store

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Question:26
Which of the following methods does the depreciation key define? 
There are 3 correct answers to this question.
Response:

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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:

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Asset sheet valuation method

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Base method

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Period control method

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Multilevel method

Programs

Flow definitions

Subfolders

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Task list template

Question:28
Which statements best describe a chart of depreciation? 
There are 2 correct answers to this question.
Response:

page13image38986368 page13image38986944 page13image45358816

A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas.

page13image38987136 page13image38987328 page13image38987520page13image38987904

A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is.

page13image38988096 page13image38988288 page13image38988480page13image38988864

A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation.

page13image38989056 page13image38989248 page13image38989440page13image38989824 page13image45361728

A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.

page13image38990016 page13image38990208

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:

page13image38990400 page13image38990784 page13image45358608

Document type

page13image38990976 page13image38991168 page13image38991360page13image38991744

Document reference key

page13image38991936 page13image38992128 page13image38992320page13image38992704

Document posting key

page13image38992896 page13image38993088 page13image38993280page13image38993664

Document field status

page13image39140736 page13image39140352 page13image45358400

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:

page14image39148288 page14image39146944

Main asset number, subnumber, depreciation area

page14image39155392 page14image39155584 page14image39155776page14image39156160 page14image45371664

Asset class, main asset number, subnumber

page14image39156352 page14image39156544 page14image39156736page14image39157120

Asset class, depreciation area, main asset number, group asset

page14image39157312 page14image39157504 page14image38985984page14image38978112

Depreciation area, asset class, main asset number, subnumber

page14image38977536 page14image38986560 page14image38928384page14image38928768

4

page14image38928960 page14image38929152 page14image38929344page14image38929728 page14image45367920

2

page14image38929920 page14image38930112 page14image38930304page14image38930688

1

page14image38930880 page14image38931072 page14image38931264page14image38931648

3

page14image38931840 page14image38932032 page14image38932224page14image38932608

Single-tier

page14image38932800 page14image38932992 page14image38933184page14image38933568

Four-tier

page14image38933760 page14image38933952 page14image38934144page14image38934528

Two-tier

page14image38934720 page14image38934912 page14image38935104page14image38935488 page14image45369376

Three-tier

page14image38935680 page14image38935872 page14image38936064page14image38936448 page14image45370832

Archive and delete

page14image38936640 page14image38936832 page14image38937024page14image38937408

Backup and delete

page14image38937600 page14image38937792 page14image38937984page14image38938368

Delete

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Extract and delete

page14image38939520 page14image38939712

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:

page15image38940288 page15image38940672

Posting date and entry date.

page15image38940864 page15image38941056 page15image38941248page15image38941632

Document date and posting date.

page15image38941824 page15image38942016 page15image38942208page15image38942592

Document date and asset value date

page15image38942784 page15image38942976 page15image38943168page15image38943552 page15image45370208

Posting date and asset value date

page15image38943744 page15image38943936 page15image38944128page15image38944512 page15image45371872

True

page15image39026688 page15image39026880 page15image39027072page15image39027456

False

page15image39027648 page15image39027840 page15image39028032page15image39028416

Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP) for Cloud deployments.

page15image39028608 page15image39028800 page15image39028992page15image39029376 page15image45371040

Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system.

page15image39029568 page15image39029760 page15image39029952page15image39030336

Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables.

page15image39030528 page15image39030720 page15image39030912page15image39031296

Online analytical processing (OLAP) that is based on aggregated tables and indexes.

page15image39031488 page15image39031680

Question:37
How do you configure depreciation areas in SAP S/4HANA? 
There are 2 correct answers to this question.
Response:

page15image39031872 page15image39032256 page15image45370000

Assign a ledger group to each depreciation area.

page15image39032448 page15image39032640 page15image39032832page15image39033216 page15image45370624

Ensure depreciation areas always post to the general ledger.

page15image39033408 page15image39033600 page15image39033792page15image39034176

Assign depreciation area 01 to the leading ledger.

page15image39034368 page15image39034560 page15image39034752page15image39035136

Ensure each accounting principle is assigned to a depreciation area.

page15image39035328 page15image39035520

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:

page16image45596672

Description of the asset

page16image45602704

Inventory number

page16image45596880

Cost center

License plate number

False

page16image45597088

True

Final payments

page16image45597296

Automatic offsetting entries (statistical)

page16image45597504

Free offsetting entries

Other types

page16image45597920

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

page17image45360480

Whether the item is posted as a debit or credit

The account group to which the line item can be posted

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The field status of additional details

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The account type to which the line item can be posted

page17image45353824

Flow definition

page17image45359648

Online transactions

Task list template

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Remote tasks

Insert function

Save function

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Parking function

page17image45357568

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.

page18image45371248

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.

page18image45549184

Balance request

Balance adjustment

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Balance confirmation

page18image45549808

Balance notification

page18image45550224

Screen layout

Insurance type

page18image45550640

Account determination

page18image45551472

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:

page19image38945728 page19image38945344 page19image45357776

Account types allowed for posting

page19image38945152 page19image38944960 page19image38944768page19image38946304

Posting keys for the document type

page19image38955136 page19image38954944 page19image38959744page19image38960128 page19image45357984

Number range for the document type

page19image38960320 page19image38960512 page19image38960704page19image38975168

Reasons for reversal

page19image38974976 page19image39010304

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:

page19image39010496 page19image39010880

In the accounts approach, you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach.

page19image39011072 page19image39011264 page19image39011456page19image39011840

In the ledger approach, you assign a ledger group to every depreciation area, unlike the accounts approach.

page19image39012032 page19image39012224 page19image39012416page19image39012800

In the ledger approach, you maintain additional depreciation areas to post the delta valuation of each accounting principle, unlike the accounts approach.

page19image39012992 page19image39013184 page19image39013376page19image39013760 page19image45358192

In the accounts approach, you assign a completely separate set of accounts for each accounting principle, unlike the ledger approach.

page19image39013952 page19image39014144

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:

page19image39014336 page19image39014720

True

page19image39014912 page19image39015104 page19image39015296page19image39015680 page19image45357360

False

page19image39015872 page19image39016064 page19image39016256page19image39016640 page19image45356944

Client

page19image39016832 page19image39017024 page19image39017216page19image39017600

Company code

page19image39017792 page19image39017984 page19image39018176page19image39018560

Chart of depreciation

page19image39018752 page19image39018944 page19image39019136page19image39019520

Depreciation area

page19image39019712 page19image39019904

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:

page20image39038976 page20image39039360

Clearing

page20image39039552 page20image39039744 page20image39039936page20image39040320 page20image45401520

Down payment request

page20image39040512 page20image39040704 page20image39040896page20image39041280

Down payment received

page20image39041472 page20image39041664 page20image39041856page20image39042240

Customer invoice

page20image39042432 page20image39042624 page20image39042816page20image38830080 page20image45402144

Useful life phase

page20image38830272 page20image38830464 page20image38830656page20image38831040

Assets transfer phase

page20image38831232 page20image38831424 page20image38831616page20image38832000

Accounting phase

page20image38832192 page20image38832384 page20image38832576page20image38832960 page20image45400688

Under-construction phase

page20image38833152 page20image38833344

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:

page20image38833536 page20image38833920

Post partial payment

page20image38834112 page20image38834304 page20image38834496page20image38834880

Create a residual item

page20image38835072 page20image38835264 page20image38835456page20image38835840 page20image45402352

Post payment on account

page20image38836032 page20image38836224 page20image38836416page20image38836800

Create a down payment

page20image38836992 page20image38837184 page20image38837376page20image38837760

Enter depreciation area mapping during intercompany transfer posting.

page20image38837952 page20image38838144 page20image38838336page20image38838720

Assign the group chart of depreciation to the relevant fixed assets.

page20image38838912 page20image38839104 page20image38839296page20image38839680

Correct depreciation area assignment in the asset master record after posting.

page20image38839872 page20image38840064 page20image38840256page20image38840640 page20image45401936

Configure the cross-company depreciation areas in customizing.

page20image38840832 page20image38841024

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.

page21image45549392

Define two valuation areas and two accounting principles with relevant links to ledgers.

page21image45551680

Allowed account type

page21image45551888

Default payment method

Setting for net procedure

Account for cash discount received

page21image45552304

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.

page21image45552512

SAP HANA allows transactional and analytical processing off the same tables.

page21image45558752

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:

page22image45598128

Block a line item.

Change the dunning data of an account.

page22image45598752

Block an account.

Change a document.

page22image45598960

Lower the dunning level of an item.

page22image45599168

G/L account tolerance groups

page22image45599376

Employee tolerance groups

Special account tolerance groups

page22image45599584

Customer/vendor tolerance groups

page22image45599792

Line item grace period

page22image45600000

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.

page23image45406096

Remove the reference indicator in screen layout maintenance.

Remove the asset class indicator in screen layout maintenance.

page23image45406304

Payment notice

Payment proposal

page23image45406512

Open items list

page23image45409632

Account statement

Document journal

page23image45409840

SAPF130K

SAPF130L

page23image45410048

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

page24image45410256

Condition type

page24image45410464

Account or transaction key

page24image45410672

Sequence of steps

Country key

page24image45410880

Depreciation area

Depreciation keys

Valuation area

page24image45411088

Asset class

Clearing reason code

Clearing bank

page24image45411296

Clearing document number

page24image45411504

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

page25image45598544

Sales area segment

page25image45600624

Company code segment

page25image45600832

Purchasing organization segment

page25image45601040

An invalid house bank is selected.

page25image45601248

The invoice has a debit balance.

The discount period has expired.

page25image45601456

The payment amount is less than the minimum amount specified for a payment.

page25image45601664

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:

page26image38817536 page26image38818880

Non-operating expense or income

page26image38818688 page26image38819072 page26image38819264page26image38819648

Primary costs or revenue

page26image38819840 page26image38820032 page26image38820224page26image38820608 page26image45412544

Secondary costs

page26image38820800 page26image38820992 page26image38821184page26image38821568

Balance sheet

page26image38861056 page26image38861248 page26image38861440page26image38861824

In the Tile Catalog area of the launchpad designer

page26image38862016 page26image38862208 page26image38862400page26image38799040

In the Tile Group area of the launchpad designer

page26image38798848 page26image38812864 page26image38812672page26image38895808 page26image45604576

In the Me area of the launchpad

page26image38896000 page26image38896192 page26image38896384page26image38896768

In the UI theme designer

page26image38896960 page26image38897152 page26image38897344page26image38897728 page26image45602080

Company code

page26image38897920 page26image38898112 page26image38898304page26image38898688 page26image45604784

General data at the client level

page26image38898880 page26image38899072 page26image38899264page26image38899648 page26image45604992

Sales area

page26image38899840 page26image38900032 page26image38900224page26image38900608

Purchasing organization

page26image38900800 page26image38900992 page26image38901184page26image38901568

Profitability segment

page26image38901760 page26image38901952

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:

page26image38902144 page26image38821952 page26image45411712

You can create an app to take you directly to the cash position of the North American business market.

page26image38822144 page26image38822336 page26image38822528page26image38822912

You can create a tile group with all the apps required for your daily business for easy access.

page26image38823104 page26image38823296 page26image38823488page26image38823872

You can adapt the Iaunchpad color theme according to predefined values for the cash report.

page26image38824064 page26image38824256

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:

page27image45356320

You can create access to relevant apps for the North American accounts payable group that reports to you.

Payment terms

page27image45356736

Paying company codes

page27image45356112

Bank determination

Special G/L indicators

page27image45365056

Company code

page27image45353408

Document type or document number

Account assignment objects

page27image45365264

Currency

10

3

page27image45365472

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:

page28image38919104 page28image38919488

The ordinary depreciation start date is empty.

page28image38919680 page28image38919872 page28image38920064page28image38920448 page28image45366304

The asset belongs to a specific asset class.

page28image38920640 page28image38920832 page28image38921024page28image38921408

The asset is assigned to NO depreciation area.

page28image38921600 page28image38921792 page28image38921984page28image38922368

The asset capitalization date is empty.

page28image38922560 page28image38922752 page28image38922944page28image38923328

The account is created for all active company codes of the client.

page28image38923520 page28image38923712 page28image38923904page28image38924288

The account is a profit-and-loss account that must be open item managed.

page28image38924480 page28image38924672 page28image38924864page28image38925248 page28image45366096

The account is a reconciliation balance sheet account for fixed assets.

page28image38925440 page28image38925632 page28image38925824page28image38926208

The account is assigned in the asset account determination for each valid depredation area.

page28image38926400 page28image38926592 page28image38926784page28image38927168 page28image45366512

The cash discount amount (absolute value) allowed for a line item

page28image38927360 page28image38927552 page28image38927744page28image38928128

The cash discount percentage allowed for the complete document

page28image39020672 page28image39020480 page28image39020288page28image39021248 page28image45366720

The total amount (sum of all line items) allowed to be posted

page28image39021440 page28image39021056 page28image38862848page28image38863232

The payment amount allowed for each customer open item

page28image38863424 page28image38863616

Question:80

Which of the following are the characteristics included in general ledger drilldown reports?
There are 3 correct answers to this question.

Response:

page28image38864192 page28image38864576 page28image45366928

Business area

page28image38864768 page28image38864960

Response:

Notes:

The variant principle is a combination of three steps as shown below:

  1. Create variant

  2. Maintain values in the variant

  3. Assignment to a company code

Response:

Total debit balance

page29image45412336

Segment

page29image45411920

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

page29image45412752

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

page30image45412960

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

page30image45413376

Profit Center

page30image45413584

Segment

page30image45413792

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.

page31image45414208

Question:85

What is the purpose of the reorganization of segments?

There are 2 correct answers to this question.

Enables segment derivation.

page31image45414416

Enables merge of segments.

Enables segment deletion.

page31image45414624

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

page32image45414000 page32image45413168

Response:

Notes:

page32image45414832

The reversal accounts must be configured to allow negative postings.

page32image45415040

The reversal reason must be configured to allow negative postings.

The posting key must allow negative postings.

page32image45415248

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:

page33image45605616

Response:

Assign the substitution rule to the controlling area.

page33image45605408

Activate the substitution rule.

page33image45605824

Choose the area of application GL.

Select the correct call-up point.

page33image45606032

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.

page33image45606656

True

False

Question:89

What is the recommended organizational unit for cost-of-sales accounting?

Please choose the correct answer.

Notes:

page34image45588192

Response:

Controlling area

page34image45587984

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.

page34image45588400

Dunning procedure

Dunning interval

Notes:

page35image45559584

Response:

page35image45558960

Dunning area

Dunning key

page35image45559792

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.

page35image45560000

Change company code data

Change client level data

page35image45560208

Change account descriptions

page35image45560416

Change chart of accounts data

Question:92

How can you post accruals?

There are 3 correct answers to this question.

page36image38868224

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

page36image45573888

Execute the periodic accrual run.

page36image45573264

Use the recurring entry program.

page36image45573056

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

page38image62858096
  • 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.

page39image45572224

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.

page40image62754416

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

page41image45575760

Reverse Accrual/Deferral Document – Test Run Results

After this, we will click on page41image45577632button and the SAP system will show a message that the document has been reversed like shown below.

page41image45578048

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).

page42image45560624

Reversed Document for Rent

page42image62545008

The rent account is credited and the outstanding expenses account is debited.

Step 4: Actual Rent Payment: T.Code FB50

page43image62639616

Question:93

In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?
Please choose the correct answer.

Response:

Sales deductions in loss item Material expenses in liabilities item

page43image45589024

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

page44image45578672

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.

page44image45578464

SAP Success Factors

SAP C/4HANA

page44image45578880

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:

page45image45591104

Change the name of tile groups

page45image45591312

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.

page45image45592976

Complete Document

Controlling area

page45image45593184

Document header

page45image45592768

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

page45image45593392

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:

page46image45578256

The company code must permit negative postings.

The posting key must permit negative posting.

The reversal reason must allow alternative posting dates.

page46image45579088

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

page46image45579296

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

page47image45590688

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

page47image45590272

Secondary costs

page47image45589856

Non-operating expense or income

page47image45593600

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:

page48image45579712

False

Question:104

How many cash discount periods can be entered in the terms of payment?

Please choose the correct answer.

8

page48image45579920

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.

page48image45508768

Controlling area currency

Group currency

page48image45503776

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

page49image45507520

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

page49image45507728

Company code

Open items

page49image45507312

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:

page50image45590480

Account determinations

page50image45593808

Accounting principles

page50image45594016

Valuation areas

Question:109

Which tasks are stages of dunning execution?

There are 2 correct answers to this question.

page50image45594224

Schedule the dunning run.

page50image45594432

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

page50image45594640

Perform foreign currency valuations

page50image45594848

Close the old period

page50image45595056

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.

page51image45561248

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.

page51image45561456

Post recurring entries for the general ledger.

page51image45561664

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.

page51image39805568 page51image39805760 page51image39805952page51image39806336

Response:

Response:

page52image45595472

Amount

Currency

Document type

page52image45595264

Account

page52image45595680

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

page52image45595888

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.

page52image45596096

Posting period variant must be created and assigned.

Response:

Response:

page53image45484272

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.

page53image45496336

A payment is created with reference to the invoice.

page53image45489680

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

page53image45487184

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.

page54image45508144

Document selection and data storage

page54image45507936

Automatic assignment of documents

page54image45561040

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.

page54image45513968

Obtain an overview of related future postings.

page54image45508352

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:

page55image45509184

Person

Customer

Bank

page55image45509600

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.

page55image45506272

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

page55image45506064

Replacement

Response:

Response:

Check

page56image45562080

Prerequisite

Question:123

Which data can you edit in the payment proposal?

There are 3 correct answers to this question.

Payee

page56image45562288

Cash discount

page56image45562496

Payment block

Invoice amount

page56image45562704

House bank

Question:124

What do you define when configuring asset classes?

There are 3 correct answers to this question.

Posting keys

page56image45562912

Screen layout rules

page56image45563120

Account determination

page56image45563328

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

page57image45505648

Reference number

page57image45505440

Document header text

Question:126

Which of the following components make up an archiving object?

There are 3 correct answers to this question.

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Data declaration part

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Customizing settings

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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

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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.

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Depreciation and asset balances are posted in full.

Last fiscal year has been updated.

Depreciation lists and the asset history sheet have been checked.

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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

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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

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Shipping - goods issue

Billing

Question:131

Which data sections are part of every asset class?

There are 2 correct answers to this question.

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Master data section

Account determination data section

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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:

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Deleting and inserting columns

Defining print parameters

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Calculating totals and subtotals

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Setting filters

Question:133

Which of the following are SAP Fiori design principles?

There are 2 correct answers to this question.

Rational

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Responsive

Routine

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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:

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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

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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.

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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

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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.

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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:

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Reference

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Field selection

Number range

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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.

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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

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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:

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Role-based

User-based

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Simple

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Responsive

Question:141

Which of the following objects are relevant to the dunning program configuration?

There are 3 correct answers to this question.

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Dunning levels

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Expenses or charges

Bank selection

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Minimum amounts

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Variable depreciation portion

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Depreciation key

Depreciation start date

Response:

Response:

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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.

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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

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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.

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Response:

Response:

Response:

You have to use continuous number assignment.

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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.

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Schedule the dunning run.

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Change the dunning proposal.

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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:

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Select the relevant call-up point

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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

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False

Question:149

Which of the following is an example of an automatic offsetting entry?

Please choose the correct answer.

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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:

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Book values at the end of the fiscal year

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Acquisitions

Imputed interest

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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

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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.

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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.

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Multiple extension ledgers can point to the same underlying ledger.

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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

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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.

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Response:

Response:

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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

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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

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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.

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Deprecation start date

Capitalization date

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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"?
There are 2 correct answers to this question.

Response:

True

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False

Question:160

Which data do you define on the bank master record?

There are 2 correct answers to this question.

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A unique bank country

Corresponding business area

Payment and dunning information

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Address data and control data

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Local Currency

Response:

Response:

Transaction Currency

Material Ledger Currency

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Group Currency

Question:162

For which of the following transactions can you use noted items?

Please choose the correct answer.

Customer payment

Late payment

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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

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Down payment request

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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:

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Depreciation is posted in full.

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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.

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Business transaction variant

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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.

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Check to see if the goods were delivered by the key date, but have not yet been invoiced.

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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

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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

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Configure the house banks

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Configure the paying company codes

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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

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In-memory

Aggregation

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Columnar store

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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.

page76image45496960

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

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Whether negative postings are permitted

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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

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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:

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Client

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BP type

BP category

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BP role

Company code

Payment method

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Company code

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General ledger account

Supplier account

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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:

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Asset Accounting

Materials Management

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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.

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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.

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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.

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Document date

Due date

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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

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IT cost savings

Increased customizing flexibility

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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.

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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.

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It is possible to design multilevel workflow sequences.

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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.

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Group currency

Transaction currency

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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

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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.

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Business area level

Segment level

Client level

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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.

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Periodic only

Opening and Closing Posting only

Response:

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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.

page83image45385968

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

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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

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Posting keys

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Clearing accounts

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Add required authorizations for data aging to your role.

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Switch on the data aging business function.

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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.

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Due date specification

Tolerance days

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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

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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.

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Response:

Response:

Response:

You can only post to the account in USD.

You can only post to the account in CAD, USD, and EUR.

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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.

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Each asset number range has to be assigned to a unique asset class.

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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.

page86image45387632

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.

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Adjustments for consolidation purposes

Parallel valuation of depreciation areas

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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

page87image45526400

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

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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

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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.

page89image45535296

Account type

Ledger

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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.

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Response:

Response:

Task list release

Dependency definition

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Task list creation

Question:199

Identify the application areas where validations and substitutions can be used.

There are 3 correct answers to this question.

page90image45497792

AA – Asset Accounting

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CO – Cost Accounting

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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.

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All currencies of general ledger are supported.

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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?
Please choose the correct answer.

Response:

True

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False

Question:202

Which closing activities are used in external reporting as per SAP best practices?

There are 2 correct answers to this question.

page91image45546736

Perform valuations of open items in foreign currency.

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Reclassify receivables and payables.

Execute the plan cost center assessment cycle.

Update product cost estimates.

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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.

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It checks the tax amount entered and automatically calculates the tax.

page92image45561872

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.

page92image45536752

Cloud deployment

page92image45541328

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

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On-premise deployment

Question:206

What is the first step in the reconciliation process?

Please choose the correct answer.

page93image45542160

Collect data from different companies

Communicate differences

Present reconciled and non-reconciled data

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Account group

Profit center

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Field status group

Ledger assignment

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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.

page94image39552320

Notes: T.Code OKP1

page94image45609568

Response:

Response:

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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:

page95image45543616

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.

page95image45544032

The balance carry forward program is run.

Vendor invoices are posted.

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Foreign currency documents are valuated.

page95image45544656

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.

page95image45544864

Document currency

Object currency

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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

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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.

page96image45388464

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.

page96image45388880

Specify a purpose for the exchange rate type.

Response:

Response:

Maintain exchange rates daily.

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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

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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

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By removing application code that deals with aggregates and indexes

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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?
There are 2 correct answers to this question.

Response:

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Posting key

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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

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client

Asset class

Company code

Response:

Response:

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General ledger

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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.

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Regrouping open items based on changed reconciliation accounts

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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.

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Posting date

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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

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Entry date

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Review the payment proposal exception list.

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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

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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.

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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

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Blank

Question:226

Which sequence of steps allows a three-way match in procurement transactions?

Please choose the correct answer.

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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.

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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

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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

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Post

Hold

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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

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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.

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Forms for the payment media

Exchange rate type

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Allowed currencies

Payment run ID

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Bank determination

Question:232

What are the characteristics of a company in SAP S/4HANA?

There are 2 correct answers to this question.

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It can be assigned to a company code.

It is responsible for costs and revenues within an organization.

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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.

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Response:

Response:

Response:

Net book value

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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.

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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.

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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

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High rate of interest principle