[2022] P-S4FIN-2020 Answers P-S4FIN-2020 Free Demo Are Based On The Real Exam

P-S4FIN-2020 [Feb-2022 Newly Released] Exam Questions For You To Pass

P-S4FIN-2020 Exam Certification Details:

Cut Score:	60%
Level:	Associate
Sample Questions:	SAP P-S4FIN-2020 Exam Sample Question
Languages:	English
Duration:	180 mins

 

NEW QUESTION 10
Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.

• A. Indexing
• B. Aging
• C. Mirroring
• D. Archiving

Answer: B,D

 

NEW QUESTION 11
You extend the coding block in the universal journal with a custom field. Which components can use this new field without requiring further customization? Note: There are 2 correct answers to this question.

• A. Account-based CO-PA
• B. Classic profit center accounting.
• C. Costing-based CO-PA
• D. General ledger accounting

Answer: C,D

 

NEW QUESTION 12
Which of the following options in SAP S/4HANA 1809 is only possible in costing-based CO-PA and NOT in account-based CO-PA?

• A. Production variance split per variance category.
• B. Manual postings.
• C. Sales order entry postings.
• D. Cost of goods sold (COGS) split per cost component.

Answer: B

 

NEW QUESTION 13
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA?
Note: There are 2 correct answers to this question.

• A. It requires a non-leading ledger for parallel valuations.
• B. It utilizes separate amount columns in the same ledger.
• C. It is available only for new installations.
• D. It will NOT have any valuation view assigned to the ledger.

Answer: B,D

 

NEW QUESTION 14
After the migration to SAP S/4HANA 1809, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator. What might be the cause of this?

• A. Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.
• B. The controlling area linked to the company code was defined with currency type 20.
• C. Before the migration, the company code did NOT have any parallel currencies defined.
• D. Before the migration, the company code was NOT linked to a controlling area.

Answer: B,C

 

NEW QUESTION 15
You create a G/L account and set the cost element category to 42 (assessment).In what table is the cost element category updated?

• A. CSKA: Cost Elements (Data Dependent on chart of Accounts)
• B. SKA1: G/L Account Plaster (Chart of Accounts)
• C. CSKB :Cost Elements (Data Dependent on Controlling Area)
• D. SKBI : G/L Account Plaster (Company Code)

Answer: C

 

NEW QUESTION 16
Which values can be posted to a specific ledger? There are 3 correct answer to this question.

• A. Depreciation
• B. Currency valuation
• C. Accruals
• D. Payments
• E. Taxes

Answer: A,B,C

 

NEW QUESTION 17
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? There are 2 correct answer to this question.

• A. Convert accounts of parallel valuations to asset reconciliation accounts.
• B. Configure data depreciation areas to no longer post to the general ledger.
• C. Define the document type for the accounting-principle-specific-documents.
• D. Assign accounting principles to all real and derived depreciation areas.

Answer: A,D

 

NEW QUESTION 18
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA? There are 3 correct answer to this question.

• A. You must use the accounts approach to parallel valuation
• B. You must define valuation areas for foreign currency valuation
• C. You cannot continue to use the consolidation staging ledger
• D. You must configure profit center and segment accounting
• E. You cannot configure and activate document splitting

Answer: C,D,E

 

NEW QUESTION 19
You want to post values of the incoming sales order to both account-based CO-PA and Costing based CO-PA.
What do you need to maintain?
NOTE: There are 3 correct answers to this question

• A. Creative statistical cost elements for cost and revenues of incoming sales orders
• B. Activate predictive accounting for incoming sales orders
• C. Activate the transfer of incoming sales orders
• D. Setup an extension ledger with type "line items with technical numbers"
• E. Activate the indicator for incoming sales orders in the attributes view of the operating concerns

Answer: A,B,C

 

NEW QUESTION 20
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the administrator unlock this user?

• A. SAP Smart Business
• B. SAP S/4HANA back end
• C. SAP Fiori launchpad designer
• D. Front-end SAP Gateway server

Answer: D

 

NEW QUESTION 21
If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain? Note: There are 3 correct answers to this question

• A. Seamless adoption of the existing processes
• B. Automatic updates every 3 months
• C. Faster initial implementation
• D. Higher degree of customization
• E. Personalization through self-service configuration

Answer: A,B,C

 

NEW QUESTION 22
You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation. What are the critical steps for fixed assets? Note: There are 3 correct answers to this question.

• A. Activate the new depreciation areas for asset classes under the chart of depreciation.
• B. Activate the new depreciation areas for the individual assets for the respective company codes.
• C. Update the depredation key for the new depreciation area.
• D. Update G/L accounts for the new depreciation area for the chart of depreciation.
• E. Manually recalculate depreciation for the new depreciation area.

Answer: A,D,E

 

NEW QUESTION 23
How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA? Note: There are 2 correct answers to this question.

• A. Store your planned data in the ACDOCP table.
• B. Use a BW planning cube and a preconfigured content workbook.
• C. Store your planned data in the ACDOCA table.
• D. Use the in-built BPC data extractor and upload template.

Answer: A,B

 

NEW QUESTION 24
The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as. Which ledgers are listed in the universal journal entry line items after you enter an incoming ivocie?

• A. Standard ledger A
  Standard ledger B
• B. Extension ledger C
  Standard ledger B
• C. Standard ledger A
  Extension ledger C
• D. Standard ledger B
• E. Extension ledger C
  Standard ledger A

Answer: A

 

NEW QUESTION 25
A document can have up to 999999 line items in the universal journal (reporting or G/L view). How does this affect the entry view (table BSEG)? Please choose the correct answer.

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

Answer: C

 

NEW QUESTION 26
Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question.

• A. Employees
• B. Distribution channels
• C. Banks
• D. Bank accounts
• E. Suppliers

Answer: A,C,E

 

NEW QUESTION 27
What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting? Please choose the correct answer.

• A. A Ledger group
• B. A Clearing account
• C. A Parallel ledger
• D. An accounting principle

Answer: D

 

NEW QUESTION 28
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. Accounting principle
• C. Currency type
• D. Valuation area

Answer: B,D

 

NEW QUESTION 29
On which levels can you assign semantic tags to a financial statement version in SAP Fiori? There are 3 correct answer to this question.

• A. Financial statement item
• B. Segment
• C. Functional area
• D. Business area
• E. G/L account

Answer: A,C,E

 

NEW QUESTION 30
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