SAP p-s4fin-2020 practice test

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Exam


Question 1

You notice alpha-numeric document numbers in the Universal journal that do not have a separate
document header stored in the BKPF table. Which activities may lead to alpha- numeric document
numbers? There are 2 correct answer to this question

  • A. Settlement of investment orders
  • B. balance carry forward
  • C. Cross company code postings
  • D. Corrections due to migrations
Answer:

B, D

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Question 2

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

  • A. SAP Analysis for Microsoft Office reports
  • B. Analytical list page reports
  • C. Multidimensional reports
  • D. SAP Lumira reports
Answer:

B, C

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Question 3

In which cases can you use a transfer price for goods movement in parallel valuation? There are 2
correct answers to this question.

  • A. Between two profit centres
  • B. Between two accounting principles
  • C. Between two plants
  • D. Between two company codes
Answer:

A, D

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Question 4

Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP
S/4HANA? There are 2 correct answer to this question.

  • A. Document type
  • B. Valuation Area
  • C. Accounting principle
  • D. Currency type
Answer:

B, C

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Question 5

For which functionality is a productive material ledger a prerequisite?

  • A. Parallel currencies in the universal journal
  • B. Actual activity price determination
  • C. Parallel valuation for transfer pricing
  • D. Actual costing
Answer:

A, D

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Question 6

Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP
S/4HANA conversion. NOTE: There are 3 correct answers to this question.

  • A. Authority check
  • B. Custom code check
  • C. Simplification item check
  • D. SAP readiness check
  • E. Global performance analysis
Answer:

B, C, E

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Question 7

How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2
correct answer to this question.

  • A. You can assign each valuation to a separate ledger
  • B. You can assign profit center, group and legal valuation to the same ledger
  • C. You can assign additional valuation to special led er(FI-SL).
  • D. You can assign additional valuation to the extension ledger
Answer:

A, B

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Question 8

You run foreign currency valuation for both local and international GAAP. This leads to different
values for the two different accounting principles. How can you set this up in the system?

  • A. Define two valuation methods and assign the accounting principles to the new valuation method
  • B. Define a valuation area and ledger group for two ledgers to link with the new valuation area.
  • C. Define two valuation areas and two accounting principles with relevant links to ledgers
  • D. Define a valuation area and extension ledger to link with the new valuation area
Answer:

C

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Question 9

What function is delivered with business function EA-FIN to support SAP S/4HANA?

  • A. Parallel depreciation areas
  • B. Parallel ledgers
  • C. Special valuations
  • D. New Depreciation Engine
Answer:

D

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Question 10

A document can have up to 999999 line items in the universal journal (reposing or G/L view). How
does this affect the entry view (table BSEG)?

  • A. The system splits the single entry into multiple documents as required
  • B. It is extended to 999999 line items
  • C. The entry view is also based on the universal journal
  • D. It is limited to 999 items
Answer:

D

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