SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials Experts (P-S4FIN-1709) Free Practice Test

Question 1

The screenshot displays how the depreciation areas of a chart of depreciation post, to the G/L By looking at the screenshot what can you learn about the company code and ledger configuration?

Response:

A. There is one extension ledger assigned to the leading ledger.

B. There are two currency types assigned to the company code.

C. There are no more than two ledger groups defined for the company code

D. There are two ledgers posted during transaction processing.

Correct Answer: C

Question 2

Which technology supports adoption of the SAP HANA architecture?
Response:

A. Multi-core, multi-thread central processing units.

B. Fast and reliable solid-state disks

C. High-speed, long-range wireless network protocols.

D. Smartphone devices

Correct Answer: A

Question 3

What does an administrator need to do in the SAP Fiori Gateway server in order to launch a native SAP Fiori application from the SAP Fiori Launchpad?
Note: There are 2 correct answers to this question.
Response:

A. Assign the SAP Fiori tile catalog to a role relevant for the user.

B. Activate the SAP Screen Personas flavor for the app.

C. Assign the SAP Fiori tile group to a role relevant for the user.

D. Activate the OData service relevant for the app.

Correct Answer: A,D

Question 4

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?
Response:

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 5

What are the improvements to new cash pooling?
Note: There are 2 correct answers to this question.
Response:

A. The balance before concentration and the simulated balance after the concentration can be compared.

B. The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.

C. Different payment methods for payment requests can be specified in different paying company codes.

D. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made.

Correct Answer: A,B

Question 6

Your customer upgraded a system to SAP S/4HANA for test reasons. You receive feedback from the business department that while opening and closing posting periods, the systems asks for a customizing request.
What is the reason?
Please choose the correct answer.
Response:

A. The authorization to save the posting periods is missing.

B. This is a new feature in SAP S/4HANA as proof of change.

C. The client role is set to test in the client maintenance.

D. The migration is NOT set to complete.

Correct Answer: C

Question 7

What can you do in the Cockpit view of SAP Product Lifecycle Costing?
Response:

A. Define global settings for currencies and units of measure.

B. Receive an overview of the available master data.

C. View the costing structure.

D. Manage calculation versions.

Correct Answer: D

Question 8

Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments.
When preparing for integration, what do you have to create?
Response:

A. Create a BP grouping for each customer and vendor account group.

B. Create a BP role for each customer and vendor account group.

C. Create a BP type for each industry category in the customer/vendor accounts.

D. Create a BP category for each legal form maintained for customers/vendors.

Correct Answer: A

Question 9

How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation?
Please choose the correct answer.
Response:

A. By entering manual corrective clearing transfer postings

B. By running the monthly depreciation posting

C. By maintaining the offset account in the asset account determination

D. By running the periodic acquisition and production cost posting

Correct Answer: C

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SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials Experts (P-S4FIN-1709) Free Practice Test