SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) (P_S4FIN_1909) Free Practice Test

Question 1

What must you create before you can record commitments in the universal journal? Please choose the correct answer.

A. Non-leading standard ledger

B. CO version

C. Mapping for condition types

D. Extension ledger

Correct Answer: D

Question 2

What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question.

A. Incoming sales orders

B. Actual revenue

C. Standard cost of goods sold

D. Actual cost of goods sold

Correct Answer: B,D

Question 3

Which downstream activities can be updated when you post a payment in receivables management? Note:
There are 2 correct answers to this question.

A. Update of a promise to pay

B. Reduction of an open dispute case amount

C. Release of an order from credit hold

D. Update of days sales outstanding calculations

Correct Answer: B,C

Question 4

How can financial data be stored in the SAP S/4HANA system tables? Note: There are 2 correct answers to this question.

A. There can be a line item added in BSEG without a corresponding line item in ACDOCA.

B. There can be a line item in ACDOCA without a corresponding line item in BSEG.

C. There can be a line item in ACDOCA without a corresponding line item in BKPF.

D. There can be a line item in BSEG without a corresponding document in BKPF.

Correct Answer: B,C

Question 5

At which level do you define that a G/L account is a secondary cost account?

A. Controlling area

B. Chart of accounts

C. Operating concern

D. Company code

Correct Answer: B

Question 6

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. Corrections due to migration

C. Balance carry forward

D. Cross company code postings

Correct Answer: A,D

Question 7

Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question.

A. Split of cost of goods sold according to the cost component split

B. Variances to work in process values

C. Statistical sales conditions

D. Commitments

Correct Answer: A,C

Question 8

Which of the following front-end clients can you NOT use in the standard system for SAP Business Planning and Consolidation for SAP S/4HANA Finance? Please choose the correct answer.

A. SAP GUI

B. SAP Fiori

C. SAP Business Client

D. SAP BusinessObjects Analysis for Microsoft Office

Correct Answer: A

Question 9

You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the data posted to these company codes is no longer legally equied. How do you handle these company codes?

A. Migrate all company codes of the client.

B. Archive all data from unused company codes.

C. Migrate all company codes you selected in customizing.

D. Migrate all company codes flagged as productive.

Correct Answer: A

Question 10

You use document splitting and post an incoming invoice via a cost center to segment A. You then use the Manual Reposting 01 Costa (KB11N) transaction to Repost the expense to segment B. What happens to the segment assigned to the supplier line item in the original invoice posting?

A. The open item remains on segment A.

B. The open item is assigned to segment B through reclassification at month end.

C. The open item is assigned to segment B when the invoice is paid.

D. The open item is assigned to segment B automatically with the CO reposting.

Correct Answer: A

Question 11

Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?

A. G/L account defined in real-time-integration CO-Fl
Original cost account

B. G/L account defined in real-time-integration CO-Fl
Zero-balance clearing account

C. Original cost account
Zero-balance clearing account

D. G/L account defined in reconciliation ledger
Zero-balance clearing account

Correct Answer: C

Question 12

Where can you find the automatic write-off program to close unpaid customer balances?

A. Dispute Management

B. Accounts Receivable

C. Treasury Operations

D. Collections Management

Correct Answer: A

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SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) (P_S4FIN_1909) Free Practice Test