Loading ...

Question:1

What is the purpose of the chart of depreciation?

Please choose the correct answer.

Response:

Question:2
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process?
Please choose the correct answer.
Response:

Question:3
Your customer wants to start using SAP S/4HANA line-of-business solutions. Which of these solutions help you run human resource management processes?
There are 2 correct answers to this question.
Response:

Question:4
What happens to the transaction figures when you post a normal reversal posting? Please choose the correct answer.

The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.

The chart of depreciation defines the asset classes for which you can create fixed assets.

The chart of depreciation facilitates country-specific legal valuation of fixed assets.

The chart of depreciation substitutes the operational chart of accounts in asset-related postings.

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

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

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

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

SAP Hybris

SAP Success Factors

SAP Fieldglass

SAP Concur

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

Question:10
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA?
Please choose the correct answer.
Response:

Question:11
What are some of the personalization options available to users in their SAP Fiori launchpad environment?
There are 3 correct answers to this question.
Response:

Payment advice

Payment type

Payment block

Payment term

Payment method

SAP S/4HANA Finance

SAP S/4HANA on-premise

SAP S/4HANA Cloud

SAP S/4HANA with Central Finance

Users can remove applications that they do NOT use.

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

Question:12
For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L. Which special G/L type do you recommend?
Please choose the correct answer.
Response:

Question:13
Which statements best describe a profit center? There are 2 correct answers to this question. Response:

Users can add applications from the catalog assigned to them.

Users can remove devices that they do NOT use.

Users can add applications for filtered report results.

Bill of exchange

Noted items

Statistical postings

Free offsetting entries

It is the only object that can be uniformly derived using segments.

It has to be used simultaneously with segments to create separate balance sheet and P&L statements.

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

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

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

Question:15
Which of the following logistic processes are involved in asset acquisition with materials management (MM)?
There are 3 correct answers to this question.
Response:

Client level

Company code level

Document type level

Ledger level

Goods receipt

Purchase requisition

Inventory receipt

Question:16
Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data? There are 3 correct answers to this question.
Response:

AS91 ABLDT

AS100 – file upload – only on windows OS
LTMC / BAPI
RAALTD01, RAALTD11 – programs not available in S4HANA

Question:17
Cleared items contain which of the following pieces of information? There are 2 correct answers to this question.
Response:

Purchase order

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

For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface

For a large quantity of legacy data, use batch input procedure (program RAALTD01)

For a very large quantity of legacy data, use the direct input procedure (program RAALTD11)

For a small quantity of legacy data, use AS100.

Archival information

Clearing date

Due date

Clearing document number

Question:18
Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question.
Response:

Dunning is correspondence to the customer (out sider) – internal company code and reason code not relevance to them

Question:19
What must you do when you set up depreciation areas? Please choose the correct answer.
Response:

Number of date fields required

Account required

Company code required

Reason code required

Document number required

Assign an accounting principle for each depreciation area.

Assign leading depreciation area 01 to leading ledger OL.

Define the relevant asset classes for each depreciation area

Define the valid depreciation keys for each depredation area.

Question:20
What items are NOT cleared by the automatic clearing program? There are 3 correct answers to this question.
Response:

Question:21
For which of the following can you park documents? There are 2 correct answers to this question. Response:

Items with value added tax

Noted items

Items with withholding tax

Statistical postings

Items with sales and use tax

General ledger accounts

Material accounts

Sales invoices

Customer accounts

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

Question:23
Which of the following original Management Accounting objects can you assign in the asset master record?
There are 3 correct answers to this question.
Response:

Data medium exchange (DME) details

General Ledger account

Overdraft limit

payment signatories

Cost element

Cost center

Order

Activity type

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

Question:27
Which of the following has to be created and assigned to an organizational structure before the Financial Closing Cockpit can be used?
Please choose the correct answer.
Response:

Asset sheet valuation method

Base method

Period control method

Multilevel method

Programs

Flow definitions

Subfolders

Task list template

Question:38
When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset?
There are 3 correct answers to this question.
Response:

Question:39
In the SAP S/4HANA application, the payment program and dunning program can access noted items for further processing. Determine whether this statement is true or false.
Please choose the correct answer.
Response:

Question:40
What sort of special general ledger types exist? There are 3 correct answers to this question. Response:

Description of the asset

Inventory number

Cost center

License plate number

False

True

Final payments

Automatic offsetting entries (statistical)

Free offsetting entries

Other types

Noted items

Question:41
Within the line items of FI documents, what does the posting key control? There are 3 correct answers to this question.
Response:

Question:42
Which of the following types of tasks are available in the Financial Closing Cockpit application? There are 3 correct answers to this question.
Response:

Question:43
Which functions allow you to temporarily save the entered data? There are 2 correct answers to this question.
Response:

Whether the item is posted with reference to primary or secondary cost element

Whether the item is posted as a debit or credit

The account group to which the line item can be posted

The field status of additional details

The account type to which the line item can be posted

Flow definition

Online transactions

Task list template

Remote tasks

Insert function

Save function

Parking function

Hold function

Question:44
How does the SAP HANA architecture improve SAP S/4HANA system performance? Please choose the correct answer.
Response:

Question:45
Which of the following procedures are available to check the balance of receivables and payables in balance confirmations?
There are 3 correct answers to this question.
Response:

Question:46
Which of the following control data is carried by asset classes? There are 3 correct answers to this question.
Response:

SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications.

SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime.

SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code.

SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed.

Balance request

Balance adjustment

Balance confirmation

Balance notification

Screen layout

Insurance type

Account determination

Number range interval

Question:55
You have to run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles.
How can you set this up in the system?
Please choose the correct answer.
Response:

Question:56
What is controlled by the terms of payment? There are 3 correct answers to this question. Response:

Question:57
What are some features of SAP HANA? There are 2 correct answers to this question. Response:

Define a valuation area and extension ledger to link with the new valuation area.

Define a valuation area and ledger group for two ledgers to link with the new valuation area.

Define two valuation methods and assign the accounting principles to the new valuation methods.

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

Allowed account type

Default payment method

Setting for net procedure

Account for cash discount received

Determination of the baseline date

SAP HANA is built on a hierarchical data model architecture.

SAP HANA is optimized to work with aggregates and index tables.

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

SAP HANA is optimized to organize data using column stores.

Question:58
You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? There are 3 correct answers to this question.
Response:

Question:59
Identify the three types of tolerances in accounting. There are 3 correct answers to this question. Response:

Question:60
Which of the following parameters can you define within a dunning procedure? There are 2 correct answers to this question.
Response:

Block a line item.

Change the dunning data of an account.

Block an account.

Change a document.

Lower the dunning level of an item.

G/L account tolerance groups

Employee tolerance groups

Special account tolerance groups

Customer/vendor tolerance groups

Line item grace period

Number of dunning levels

Line item total period

Company code

Question:61
You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over.
Which setting do you make to ensure the inventory number is NOT copied over when you create a new asset via copy?
Please choose the correct answer.
Response:

Question:62
Which of the following are standard correspondence types? There are 3 correct answers to this question.
Response:

Question:63
Which two reports should you use to create correspondence to and from customers and vendors to enable you to verify the balance of receivables and payables?
There are 2 correct answers to this question.
Response:

Remove the main asset indicator in screen layout maintenance.

Remove the subnumber indicator in screen layout maintenance.

Remove the reference indicator in screen layout maintenance.

Remove the asset class indicator in screen layout maintenance.

Payment notice

Payment proposal

Open items list

Account statement

Document journal

SAPF130K

SAPF130L

SAPF130D

SAPF130E

Question:64
You want to configure the tax calculation procedures. What are the main elements you need to define?
There are 3 correct answers to this question.
Response:

Question:65
Which elements define the integration of asset acquisitions to the general ledger? There are 2 correct answers to this question.
Response:

Question:66
What information is updated on the invoice when you post a complete payment? There are 2 correct answers to this question.
Response:

Tax code

Condition type

Account or transaction key

Sequence of steps

Country key

Depreciation area

Depreciation keys

Valuation area

Asset class

Clearing reason code

Clearing bank

Clearing document number

Clearing date

Question:67
In which of the following segments of a customer or vendor master record can you enter the terms of payment?
There are 3 correct answers to this question.
Response:

Question:68
Which of the following are possible reasons that an invoice would not be paid? There are 3 correct answers to this question.
Response:

Question:69
What is the name of the leading ledger that SAP provides with the standard system? Please choose the correct answer.
Response:

Client level segment

Sales area segment

Company code segment

Purchasing organization segment

An invalid house bank is selected.

The invoice has a debit balance.

The discount period has expired.

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

OL

2L

1L

3L

Question:74
In your system, you currently perform manual outgoing payments and you want to use the automatic payment program.
Which settings must you maintain as part of the configuration of the automatic payment program? There are 2 correct answers to this question.
Response:

Question:75
Identify the fields that cannot be changed while changing parked documents. There are 3 correct answers to this question.
Response:

Question:76
In addition to the local and global currency in the universal journal, how many freely defined currencies can you assign per company code and ledger.
Please choose the correct answer.
Response:

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

Payment terms

Paying company codes

Bank determination

Special G/L indicators

Company code

Document type or document number

Account assignment objects

Currency

10

3

8

5

Question:80

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

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

Segment

Company code

Question:81

Which is the most flexible SAP S/4HANA Cloud solution for customers?

Please choose the correct answer.

Public option

Community option

Private option

Hybrid option

Question:82

The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?
Please choose the correct answer.

Response:

Response:

1

5

3

4

Question:83

Which objects can be posted to by more than one company code?

There are 3 correct answers to this question.

Sales organization

Cost center

Profit Center

Segment

Business area

Question:84

Which of the following statements best describe how core data services (CDS) are developed?
Please choose the correct answer.

They are developed in the ABAP layer of the SAP S/4HANA system by the Analytics end user.

Response:

Notes:

They are developed in the SAP HANA database layer by the Analytics key user .

They are developed in the SAP HANA database layer by the IT user.

They are developed in the ABAP layer of the SAP S/4HANA system by the IT user.

Question:85

What is the purpose of the reorganization of segments?

There are 2 correct answers to this question.

Enables segment derivation.

Enables merge of segments.

Enables segment deletion.

Enables segment reassignments.

Question:86

Which prerequisites must be fulfilled to allow for negative postings of journal entries?
There are 2 correct answers to this question

Response:

Notes:

The reversal accounts must be configured to allow negative postings.

The reversal reason must be configured to allow negative postings.

The posting key must allow negative postings.

The company code must allow negative postings.

Question:87

Which steps are required to create a substitution in Financial Accounting?

There are 3 correct answers to this question.

Response:

Response:

Response:

Assign the substitution rule to the controlling area.

Activate the substitution rule.

Choose the area of application GL.

Select the correct call-up point.

Define the substitution rule with its different steps using the formula editor.

Question:88

You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.
Please choose the correct answer.

True

False

Question:89

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

Please choose the correct answer.

Notes:

Response:

Controlling area

Functional area

Business area

Sales area

Question:90

What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.

Dunning procedure

Dunning interval

Notes:

Response:

Dunning area

Dunning key

Dunning block

Question:91

Which of the following options can you use to change the G/L account master data using collective processing?
There are 3 correct answers to this question.

Change company code data

Change client level data

Change account descriptions

Change chart of accounts data

Question:92

How can you post accruals?

There are 3 correct answers to this question.

Response:

Execute the periodic accrual run.

Use the recurring entry program.

Post manually at the end of a period, quarter, or year.

Reclassify the receivables and payables.

Run the depreciation program.

Accrual Process:

Accruals and Deferrals a/c dr EUR 50000
to Rent/Lease - Other a/c EUR 50000
Now, suppose the actual rent is paid on 10.05.2021. On 10.05.2021:
Rent Payment
Rent/Lease - Other a/c dr EUR 50000
to bank a/c EUR 50000

SAP Accrual Deferral Posting

In this tutorial, we are going to explain how these accounting postings are done in SAP FI. Here are the steps involved in SAP accrual deferral posting:

1. Definereversalreason(Configuration) 2. Enteraccrual/deferraldocument
3. Reverseaccrual/deferraldocument
4. ActualPaymentofRent

Step 1: Define Reversal Reason

Path: SPRO -> Financial Accounting -> G/L Accounts -> Business Transactions -> Adjustment Posting/Reversal -> Define Reason for Reversal

• Negative posting: Check this indicator. When we reverse a transaction, it will be shown at the same side instead of being shown on the other side. For example, if we reverse rent provision on 10.03.2021, it will be shown as the negative balance on the debit side instead of credit side, so that the net effect is zero.

• Alternative posting date: Check this indicator. If we do not select this, the system allows us to reverse document only on the original posting date. If this check is selected, it allows reversal entry on any date.

Step 2: Enter Accrual/Deferral Document
Path: Accounting -> Financial Accounting -> General Ledger -> Periodic Posting ->

Closing -> Valuate -> Enter Accrual/Deferral Document Transaction code: FBS1

We will post a normal provision for rent by using FBS1 transaction and we will give a reversal reason and a reversal date. Document is posted on 09.23.2021 and is reversed on 10.03.2021. It means that provision of rent is made on 09.23.2021 and the same is reversed on 10.03.2021. This activity is a part of month end provisions in any company.

Enter Reversal Reason as 04.

Now, post the transaction. Below is the document posted. Rent account will be debited and outstanding expenses account will be credited.

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.

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

Document # 100000101 (rent provision) is reversed with document # 100000102,

We can also view the reversed document by using transaction FB03 (Display Document).

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

Step 4: Actual Rent Payment: T.Code FB50

Response:

Sales deductions in loss item Material expenses in liabilities item

Sales deductions in loss item Material expenses in loss item

Sales deductions in assets item Material expenses in loss item

Sales deductions in liabilities item material expenses in loss item

Question:94

When you post a payment for an invoice, how does the system derive the splitting characteristics?
Please choose the correct answer.

Response:

Response:

Response:

Inheritance

Active document splitting

Passive document splitting

Default assignment

Question:95

SAP S/4HANA is the digital core of the intelligent enterprise. Which applications from the SAP portfolio integrate with SAP S/4HANA to help you perform human resource management?
There are 2 correct answers to this question.

SAP Success Factors

SAP C/4HANA

SAP Fieldglass

SAP Ariba

Question:96

What kind of customization can users do on their launchpad?

There are 2 correct answers to this question.

Change the icons on tiles.

Change the names of tiles.

Response:

Response:

Change the name of tile groups

Create their own tile groups.

Question:97

Identify the callup points that have been provided for Financial Accounting (FI).

There are 3 correct answers to this question.

Complete Document

Controlling area

Document header

Document line

Organizational unit

Question:98

Where do you indicate that the useful life of the asset sub-number is identical to the useful life of the main asset?
Please choose the correct answer.

In the screen layout of the asset master record

In the account determination of the asset class

In the screen layout of the depredation area

In the asset master record of the main asset

Response:

Response:

Response:

The company code must permit negative postings.

The posting key must permit negative posting.

The reversal reason must allow alternative posting dates.

The reversal reason must allow negative postings.

Question:100

How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?
Please choose the correct answer.

2

3

12

16

Question:101

In which object do you define which SAP Fiori apps a user can use?

Please choose the correct answer.

Response:

Response:

Fiori default values

Fiori app library

Fiori tile group

Fiori tile catalog

Question:102

What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question.

Field status group

Secondary costs

Non-operating expense or income

Balance sheet

Reconciliation accounts

Question:103

If there is no entry or if a runtime value is empty, the system uses a minimum runtime of 999 days. Determine whether this statement is true or false.
Please choose the correct answer.

True

Response:

Response:

False

Question:104

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

Please choose the correct answer.

8

3

5

2

Question:105

Which standard currency types must be used when configuring the currency settings for company codes?
There are 2 correct answers to this question.

Controlling area currency

Group currency

Company code currency

Document currency

Question:106

Which SAP technological product provides the platform required for SAP to support the digital transformation of an organization?
Please choose the correct answer.

Response:

Response:

Response:

SAP NetWeaver

SAP CRM

SAP HANA

SAP Fiori

Question:107

Identify the criteria that usually differentiate between document change rules.

There are 2 correct answers to this question.

Asset class

Company code

Open items

Account type

Question:108

You need to use foreign currency valuation in the ledger solution. Which objects must you define in Customizing?
There are 3 correct answers to this question.

Simulation extension ledger

Value adjustment keys

Response:

Response:

Account determinations

Accounting principles

Valuation areas

Question:109

Which tasks are stages of dunning execution?

There are 2 correct answers to this question.

Schedule the dunning run.

Maintain the dunning parameters.

Schedule the dunning intervals.

Maintain the dunning levels.

Question:110

Which of the following are the month-end closing activities for external purposes?

There are 3 correct answers to this question.

Post goods issues for deliveries to customers

Perform foreign currency valuations

Close the old period

Create external and internal reports

It enriches all profit and loss account lines with the defined splitting characte

It enriches all secondary cost element account lines with the defined splitting characteristics.

Response:

Response:

Amount

Currency

Document type

Account

Posting date

Question:114

A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Please choose the correct answer.

The one in the line item with the largest amount

The system prompts for the user to assign one

The one in the first line item

The one assigned to the tolerance group

Question:115

You are getting ready to post your first simple general ledger document using the SAP Fiori app for posting in a test environment.

What configuration items do you need to set up to post a simple document?

There are 2 correct answers to this question.

Posting period variant must be created and assigned.

Response:

Response:

Number range and document types must be maintained.

Line item text templates must be maintained.

Tax types and tax codes must be maintained.

Question:116

What are the results when you post an outgoing partial payment?

There are 2 correct answers to this question.

A payment block is set on the invoice.

The initial invoice is cleared.

A payment is created with reference to the invoice.

The initial invoice remains open.

Question:117

You are running an international business and you want to set up separate legal entities to run operations and perform accounting activities.

Which organizational unit do you need to create for each legal entity?

Please choose the correct answer.

Controlling area

Company

Company code

Response:

Response:

Response:

Segment

Question:118

Which of the following are the steps of Intercompany reconciliation?

There are 3 correct answers to this question.

Document selection and data storage

Automatic assignment of documents

Manual reconciliation and communication

Automatic presentation of reconciled and non-reconciled data

Question:119

Which activities can you perform with a recurring journal entry?

There are 2 correct answers to this question.

Set rules to distribute amounts to be posted.

Determine the number of postings.

Obtain an overview of related future postings.

Create monthly postings on any date of a month.

Question:120

Which business partner categories are available to manage relationships?

There are 2 correct answers to this question.

Response:

Response:

Person

Customer

Bank

Organization

Question:121

You have a debit amount of 50 and credit amount of 80 as balance on an account. This account is assigned to the assets side in a financial statement version, with the debit indicator and the credit.

How is this shown on the balance sheet?

Please choose the correct answer.

The balance is shown on the liabilities side.

0 is shown on the assets side and 30 is shown on the liabilities side.

The balance is shown on the assets side.

50 is shown on the liabilities side and 80 is shown on the assets side.

Question:122

You want to create a substitution in Financial Accounting. Which parts do you have to define for each step of the substitution?
There are 2 correct answers to this question.

Message

Replacement

Response:

Response:

Check

Prerequisite

Question:123

Which data can you edit in the payment proposal?

There are 3 correct answers to this question.

Payee

Cash discount

Payment block

Invoice amount

House bank

Question:124

What do you define when configuring asset classes?

There are 3 correct answers to this question.

Posting keys

Screen layout rules

Account determination

Number ranges

Response:

Response:

Financial statement version

Question:125

Which of the following fields can be changed in the document header?

There are 2 correct answers to this question.

Currency exchange rate

Document date

Reference number

Document header text

Question:126

Which of the following components make up an archiving object?

There are 3 correct answers to this question.

Data declaration part

Customizing settings

Programs

Variables

Question:127

A vendor is also a customer. The payment program has to clear the open items. Which setting has to be maintained for the business partner?
Please choose the correct answer.

Response:

Response:

Response:

The same payment method

The same bank details

The account link

The alternative payer and payee

Question:128

What checks does the year-end closing program (RAJABSOO) perform?

There are 2 correct answers to this question.

Depreciation and asset balances are posted in full.

Last fiscal year has been updated.

Depreciation lists and the asset history sheet have been checked.

Assets are complete and error-free.

Question:129

Which items can you clear with the automatic clearing program?

Please choose the correct answer.

Items with withholding tax entries

Noted items

Bank transaction items

Response:

Response:

Statistical postings

Question:130

Which stage of the sales process creates documents for both Materials Management and Financial Accounting?
Please choose the correct answer.

Sales order creation

Shipping - delivery creation

Shipping - goods issue

Billing

Question:131

Which data sections are part of every asset class?

There are 2 correct answers to this question.

Master data section

Account determination data section

Depreciation data section

Valuation area data section

Question:132

Which of the following functions include the important functions of the SAP List Viewer tool?
There are 3 correct answers to this question.

Response:

Response:

Response:

Deleting and inserting columns

Defining print parameters

Calculating totals and subtotals

Setting filters

Question:133

Which of the following are SAP Fiori design principles?

There are 2 correct answers to this question.

Rational

Responsive

Routine

Role-based

Question:134

Which of the following statements is correct for external number assignment (manual posting)?
Please choose the correct answer.

The number must be assigned in a sequence.

The number is the last document number.

e

The balance of the new account is added to the non-assigned section and is i the calculation.

e

e

Create task list, release task list, define dependencies, create template, crea

It is possible to post special tax depreciation and investment support for asse construction.

It is possible to calculate and post depreciation in the balance sheet deprecia assets under construction.

It is impossible to use assets under construction with Investment Manageme

Response:

Response:

Role-based

User-based

Simple

Responsive

Question:141

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

There are 3 correct answers to this question.

Dunning levels

Expenses or charges

Bank selection

Minimum amounts

Variable depreciation portion

Depreciation key

Depreciation start date

Response:

Response:

Useful life (year or period)

Question:143

For which of the following special G/L transactions does the SAP S/4HANA application not update the transaction figures?
Please choose the correct answer.

Noted items

Special general ledger account

Customer account

Vendor account

Question:144

In the integrated scenario for down payments, in what step of the process do you enter the down payment information?
Please choose the correct answer.

Down payment monitoring

Invoice verification

Purchase order creation

Goods receipt creation

Question:145

You need to define a new document type with a specific document number range to post customer invoices via interface from a non-SAP system. How would you

define the document number range?

Please choose the correct answer.

Response:

Response:

Response:

You have to use continuous number assignment.

You have to use external number assignment.

You can use internal, external, or continuous number assignment.

You have to use internal number assignment.

Question:146

There are four dunning program steps that can be performed during the automatic dunning procedure as follows: Arrange these steps into the correct sequence. There are 3 correct answers to this question.

Start the dunning printout.

Schedule the dunning run.

Change the dunning proposal.

Maintain the parameters.

Question:147

What must you do to create new validations and substitutions?

There are 2 correct answers to this question.

Deactivate all former validations and substitutions

Response:

Response:

Response:

Select the relevant call-up point

Define the area of application

Choose the chart of accounts

Question:148

True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it.
Please choose the correct answer.

True

False

Question:149

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

Please choose the correct answer.

Posting of a guarantee of payment

Bank posting of a received down payment

Down payment request

Question:150

Which of the following are the different history sheet groups that each version of asset history sheets can contain?
There are 3 correct answers to this question.

Response:

Response:

Book values at the end of the fiscal year

Acquisitions

Imputed interest

Reposting

Question:151

Which field can you change on a posted invoice?

Please choose the correct answer.

Cost center

Special G/L indicator

Tax code

Payment terms

Question:152

You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area 01 is assigned to the leading ledger for an area 01 is assigned to the leading ledger for leading valuation and depreciation area 32 is assigned to the non-leading ledger for parallel valuation.

What posting option should you choose for depreciation area 32?

Please choose the correct answer.

Area Posts in Real Time

Area Posts APC Immediately, Depreciation Periodically

Response:

Response:

Area Does Not Post

Area Posts Depreciation Only

Question:153

Which statements best describe extension ledgers in SAP S/4HANA?

There are 2 correct answers to this question.

Extension ledgers can be assigned their own fiscal year variant.

Extension ledgers can have different currencies than the underlying ledger.

Multiple extension ledgers can point to the same underlying ledger.

Extension ledgers can be assigned their own posting period variant.

Question:154

At what level is the bank master data stored in SAP S/4HANA?

Please choose the correct answer.

At controlling area level

At company level

At client level

At company code level

Question:155

At which level do you assign the print program to the correspondence type?

Please choose the correct answer.

Response:

Response:

At company code level only

At system level

At client or company code level

At client level only

Question:156

What is the correct order of steps when you use the SAP I financial Closing Cockpit?
Please choose the correct answer.

1. Create tasks
2. Define dependencies 3. Create template
4. Create task list
5. Release task list

1. Create template
2. Create tasks
3. Define dependencies 4. Create task list
5. Release task list

1. Create template
2. Create tasks
3. Create task list
4. Define dependencies 5. Release task list

Response:

Response:

1. Create tasks
2. Define dependencies 3. Create task list
4. Create template
5. Release task list

Question:157

For which special G/L indicator do you specify a target special G/L indicator?

Please choose the correct answer.

Guarantee given

Vendor down payment request

Bill of exchange

Customer down payment

Question:158

In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?
There are 2 correct answers to this question.

Deprecation start date

Capitalization date

Net book value

Asset class

Response:

Response:

Response:

True

False

Question:160

Which data do you define on the bank master record?

There are 2 correct answers to this question.

A unique bank country

Corresponding business area

Payment and dunning information

Address data and control data

Local Currency

Response:

Response:

Transaction Currency

Material Ledger Currency

Group Currency

Question:162

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

Please choose the correct answer.

Customer payment

Late payment

Down payment request

Vendor payment

Question:163

Which of the following special G/L transactions are noted items?

There are 2 correct answers to this question.

Down payment

Down payment request

Bill of exchange payment request

Guarantee of payment

Response:

Response:

Response:

Depreciation is posted in full.

Assets are complete and error free.

Fixed asset fiscal year change is complete.

General ledger and subledgers are closed.

Question:164

You are responsible for configuring document splitting. What are some of the key settings?
There are 2 correct answers to this question.

Business transaction variant

Document type

Document number range

Field status variant

Question:165

What should you check if the balance of the GR/IR account is not zero at the purchase order item level on the balance sheet key date?
There are 2 correct answers to this question.

Response:

Response:

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

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

Check to see if the goods were ordered by the key date, but have not been received.

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

Question:166

Which business partner characteristic is mapped to the customer and supplier account groups?
Please choose the correct answer.

Business partner type

Business partner grouping

Business partner category

Business partner role

Question:167

Which of the following steps are parts of the process of configuring the payment program?
There are 3 correct answers to this question.

Response:

Response:

Configure the G/L account field status for document entry

Configure the house banks

Configure the paying company codes

Configure the payment methods for each company code

Question:168

The SAP HANA database relies on which of the following technologies for storing data?
There are 3 correct answers to this question.

Indexing

In-memory

Aggregation

Columnar store

Compression

Question:169

True or False: In an environment of systems using SAP HANA, you can perform both OLAP and OLTP processing without duplication of the data for the SAP BW and SAP ERP systems.
Please choose the correct answer.

True

Response:

Response:

Response:

False

Question:170

What does the document type control?

There are 2 correct answers to this question.

Which posting keys are allowed for postings

Whether negative postings are permitted

Which account types are allowed for postings

Whether exchange rate difference is permitted

Question:171

What object determines the number range for business partner master data?

Please choose the correct answer.

Business partner category

Business partner grouping

Business partner role

Business partner type

Response:

Response:

Client

BP type

BP category

BP role

Company code

Payment method

Company code

General ledger account

Supplier account

Bank master data

Question:174

In which application areas can you use validation?

There are 2 correct answers to this question.

Profit Center Accounting

Response:

Response:

Asset Accounting

Materials Management

Cost Accounting

Question:175

You want to post journal entries in a special period. Which conditions must be met?
There are 2 correct answers to this question.

The special period must be open for posting in the period control.

The balance carry-forward to the new fiscal year must have taken place.

You must have specific authorization to post in special periods.

You must enter a posting date in the last posting period.

Question:176

Which dates can you use for tax calculation?

There are 2 correct answers to this question.

Document date

Due date

Posting date

Entry date

Response:

Response:

Response:

One-time license investment

IT cost savings

Increased customizing flexibility

Always up to date

Question:178

How does the system behave when an invoice is processed as a residual payment?

Please choose the correct answer.

The original document and payment are cleared.

All documents remain in the account as open items.

The payment difference is written off.

The payment difference is posted to a different account

Question:179

Which of the following statements are correct?

There are 2 correct answers to this question.

A task can be assigned only one possible processor.

Response:

Response:

A company code can be assigned several workflow variants.

It is possible to design multilevel workflow sequences.

The same workflow variant can be assigned to several company codes.

Question:180

Which of the following currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question.

Group currency

Transaction currency

Local currency

Material ledger currency

Question:181

Document splitting is active in your company code. The splitting characteristic is the profit center. All accounts are assigned. You post a vendor invoice with a single expense that are all assigned to different profit Centers. The expense is changed with10% VAT.

How many line items are created in the Entry view and how many are created in the General Ledger view?
Please choose the correct answer.

Entry view: 5
General Ledger view: 7

Response:

Response:

Entry view: 3
General Ledger view: 9

Entry view: 3
General Ledger view: 7

Entry view: 5
General Ledger view: 9

Question:182

Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?
There are 2 correct answers to this question.

Business area level

Segment level

Client level

Company area level

Question:183

You are configuring accrual types for the accrual engine. For which postings is account determination required?
There are 2 correct answers to this question.

Periodic only

Opening and Closing Posting only

Response:

Opening Posting only

Closing Posting only

Question:184

What data do you maintain in the chart of accounts sections of a General Ledger account?
Please choose the correct answer.

Consolidation data

Authorization data

User data

Reconciliation data

Question:185
What do you configure to allow cross-company-code transactions?

There are 2 correct answers to this question. Notes: T.Code OBYA

Response:

Response:

Account types

Special G/L indicator

Posting keys

Clearing accounts

Add required authorizations for data aging to your role.

Switch on the data aging business function.

Activate aging on SAP HANA.

Activate data aging for your company code.

Response:

Response:

Define the logical file path as a global path for data aging.

Question:187

What do you define in payment terms?

There are 2 correct answers to this question.

Due date specification

Tolerance days

Cash discount

Posting key

Question:188

In Asset Accounting, which object do you use to handle separate valuation for parallel accounting?
Please choose the correct answer.

Chart of depreciation

Depreciation key

Depreciation area

Valuation area

Question:189

A general ledger account has a foreign currency setting of CAD. The company code currency is USD. The controlling area currency is EUR. Which currencies can you

post to in this account?

Please choose the correct answer.

Response:

Response:

Response:

You can only post to the account in USD.

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

You can only post to the account in CAD.

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

Question:190

Which attributes should you consider when defining asset number ranges?

There are 2 correct answers to this question.

Asset number ranges are defined at chart of depreciation level.

Asset number ranges are defined for asset classes and are company code specific.

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

Each asset class can have either an internal or external number range.

Question:191

You need to enter a percentage rate in the terms of payment to calculate _____

Please choose the correct answer.

Cash discount

Response:

Response:

Invoice discount

Debit amount

Credit amount

Question:192

For which activities can you use an extension ledger?

There are 2 correct answers to this question.

Adjustments for consolidation purposes

Parallel valuation of depreciation areas

Simulation of foreign currency valuation

Configuration of custom fields for financial statements

Question:193

What is the maximum dunning level that can be assigned to a dunning procedure?

Please choose the correct answer.

11

9

7

1

Response:

Response:

Response:

Your own application catalog

Your own application group

Your own application tile

Your own financial statement version

Question:195

What is the maximum number of steps possible in validation?

Please choose the correct answer.

99

199

566

999

Question:196

Your customer wants the document numbers for two separate document types to share the same number range. How can you achieve this?
Please choose the correct answer.

Create two external number ranges with the same range and assign one to e relevant document types.

Enter the same document number range in the customizing definition of both types.

Create a substitution rule that updates the document number based on the r assign in the rule definition.

Create two internal number ranges with the same range and assign one each relevant document types.

Response:

Response:

Task list release

Dependency definition

Task list creation

Question:199

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

There are 3 correct answers to this question.

AA – Asset Accounting

CO – Cost Accounting

FI – Financial Accounting

SD – Sales and Distribution

Question:200

What are the features of the Accrual Engine in SAP S/4HANA?

There are 2 correct answers to this question.

The FI reversal is NOT supported.

All currencies of general ledger are supported.

The fiscal year variant of the general ledger is supported.

Complex postings with more than two line items are NOT possible.

Response:

Response:

Response:

True

False

Question:202

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

There are 2 correct answers to this question.

Perform valuations of open items in foreign currency.

Reclassify receivables and payables.

Execute the plan cost center assessment cycle.

Update product cost estimates.

Flow definition

Online transactions

It checks the tax codes and automatically updates the tax rates based on cha tax authorities.

Response:

Response:

Central hub deployment

Agile deployment

On-premise deployment

Question:206

What is the first step in the reconciliation process?

Please choose the correct answer.

Collect data from different companies

Communicate differences

Present reconciled and non-reconciled data

Account group

Profit center

Field status group

Ledger assignment

Account Type

Question:208

The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false.
Please choose the correct answer.

Notes: T.Code OKP1

Response:

Response:

True

False

Question:209

True or False: Anyone with an appropriate user name and password can log on to the SAP Fiori launchpad through a web browser.
Please choose the correct answer.

False

Response:

Response:

True

Question:210

Identify the steps performed during the general ledger closing operations for the fiscal year.
There are 3 correct answers to this question.

The balance carry forward program is run.

Vendor invoices are posted.

Foreign currency documents are valuated.

Accruals are carried out.

Question:211

You define custom currency type Z1 for your company code. Which currency types must be stored in the Data Entry view?
There are 2 correct answers to this question.

Document currency