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  5. SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Questions and Answers

P_S4FIN_2021 Sample Questions Answers

Questions 4

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

Options:

A.

It is still limited to 999 line items but you can configure summarization on certain criteria.

B.

It is automatically extended to 999999 line items.

C.

It is now a compatibility view without number restrictions.

D.

It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required

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Questions 5

How many digits for the amount field on the financial document line item level are supported in the universal journal

Options:

A.

13

B.

21

C.

17

D.

23

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Questions 6

Which of the following is a prerequisite to activate takeover values between depreciation areas?

Options:

A.

Takeover values are possible across all depreciation areas.

B.

Only one depreciation area per chart of depreciation is assigned 00.

C.

Depreciation areas must be assigned to the same accounting principles

D.

Takeover values are no longer supported in SAP S/4HANA.

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Questions 7

For which functionality is a productive material ledger a prerequisite ? Note: There are 2 correct answers to this question.

Options:

A.

Parallel update of the two types of profitability analysis

B.

Actual costing

C.

Actual activity price determination

D.

Parallel valuation for transfer pricing

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Questions 8

Your customer has created a custom ABAP report in an SAP ERP system based on totalstable GLTO.How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?

Options:

A.

The table GLTO has been removed and replaced by a compatibility view.

B.

The table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view.

C.

The table GLTO has been kept but a compatibility view has been generated to read its content.

D.

The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.

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Questions 9

You post a payment to a supplier invoice. In the universal journal table, you see that more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? Note: There are 2 correct answers to this question.

Options:

A.

A non-leading ledger

B.

The summarization in ACDOCA

C.

An extension ledger

D.

Zero balance indicator for profit center

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Questions 10

You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? Note: There are 2 correct answers to this question.

Options:

A.

Set the zero balance indicator.

B.

Define a PA transfer structure.

C.

Define a clearing account.

D.

Assign a segment to all G/L accounts

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Questions 11

What do you manage within cash operations of SAP Cash Management? Note: There are 2 correct answers to this question.

Options:

A.

Bank risk analysis and risk mitigation

B.

Credit limits for customer accounts

C.

Daily cash position, deficits, and surpluses

D.

Hedging and hedging contracts

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Questions 12

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

Options:

A.

Actual revenue

B.

Incoming sales orders

C.

Standard cost of goods sold

D.

CO-PA valuated insurance costs

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Exam Code: P_S4FIN_2021
Exam Name: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
Last Update: Apr 18, 2024
Questions: 80
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