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

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

Demo: 24 questions
Total 164 questions
Get P_S4FIN_1909 Full Access Download P_S4FIN_1909 PDF

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) Questions and Answers

Question 1

You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1809 system with account-based CO-PA. Which prerequisites must be met? Note: There are 2 correct answers to this question.

Options:

A.

You have executed the variance calculation in CO-PC.

B.

You have defined a settlement profile that allows the settlement of variances for your order type.

C.

You have set up accounts for transaction key BSX and GBB in the MM account determination.

D.

You have defined a PA transfer structure for settlement.

Question 2

You define an additional extension ledger. What type of ledger can you assign as underlying ledger?

Options:

A.

Reconciliation ledger

B.

Material ledger

C.

Special ledger

D.

Standard ledger

Question 3

What do you configure to enable the automatic creation of a vendor when you create a business partner? There are 2 correct answers to this question.

Options:

A.

The business partner grouping key

B.

The partner functions for vendors

C.

The incoterms for vendors

D.

The customer/vendor integration interface

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.

Options:

A.

Document type

B.

Currency type

C.

Valuation area

D.

Accounting principle

Question 5

You start your first sandbox migration and get a lot of errors. How are errors in an SAP S/4HANA migration handled? There are 2 correct answer to this question.

Options:

A.

Errors must be clarified, and uncritical errors can be ignored

B.

All errors related to closed years can be ignored.

C.

Critical errors must be resolved in the production system before Go Live.

D.

All errors must be corrected during migration to complete it.

Question 6

During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO? Please choose the correct answer.

Options:

A.

Because the system displays an error if the sum of aggregated line items differs from the balance

B.

Because all balances from the past years are stored in the universal journal

C.

Because a delta between all line items and the balance of every account will be updated in the universal journal

D.

Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account

Question 7

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

Options:

A.

Release of an order from credit hold

B.

Reduction of an open dispute case amount

C.

Update of a promise to pay

D.

Update of days sales outstanding calculations

Question 8

Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.

Options:

A.

Reduced footprint

B.

Choice of deployment

C.

Reduced throughput

D.

Choice of database

Question 9

You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?

Options:

A.

Valuation using material cost estimate in costing-based CO-PA

B.

The new refinement for cost of goods sold postings in account-based CO-PA

C.

Valuation using material cost estimate in costing-based CO-PA and account-based-COPA

D.

Valuation using material cost estimate in account-based CO-PA

Question 10

Which technology supports adoption of the SAP HANA architecture?

Options:

A.

High-speed, long-range wireless network protocols.

B.

Fast and reliable solid-state disks

C.

Multi-core, multi-thread central processing units.

D.

Smartphone devices

Question 11

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

Options:

A.

Extension ledger

B.

Mapping for condition types

C.

CO version

D.

Non-leading standard ledger

Question 12

You create a new G/L account. Which G/L account type can you assign? There are 2 correct answer to this question.

Options:

A.

Secondary Costs

B.

Internal Activity Costs

C.

Assessment Costs

D.

Primary Costs or Revenue

Question 13

What conversion preparation step can be executed only after installing SAP S/4HANA? Please choose the correct answer.

Options:

A.

SAP readiness check

B.

Check customizing settings prior to migration

C.

Maintenance planner

D.

Simplification item check

Question 14

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.

Options:

A.

It requires a non-leading ledger for parallel valuations.

B.

It is available only for new installations.

C.

It will NOT have any valuation view assigned to the ledger.

D.

It utilizes separate amount columns in the same ledger.

Question 15

You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer posting to achieve this? Note: There are 2 correct answers to this question.

Options:

A.

Ledger group

B.

Accounting principle

C.

Transaction type

D.

Depreciation area

Question 16

Which actions will dose a dispute case created for a short payment? Note: There are 2 correct answers to this question.

Options:

A.

Posting a credit memo for only cash discount amount.

B.

Running the automatic write-off program.

C.

Running the auto-confirm dispute case program.

D.

Receiving a payment for the open amount.

Question 17

You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? There are 3 correct answers to this question.

Options:

A.

Cost component split (COGS) can be configured in financial accounting

B.

Cost-based CO-PA can still be used in parallel.

C.

Historical data will be enriched with characteristics by derivation

D.

Characteristics will be added to the universal journal.

E.

Value fields will be added to the universal journal.

Question 18

Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HANA. What system configuration options are available for the customer within the converted system? There are 2 correct answers to this question.

Options:

A.

Implementation of additional ledgers for parallel accounting

B.

Implementation of chart of accounts conversion

C.

Implementation of additional currency type

D.

Implementation of document splitting

Question 19

Which ledger-specific configuration can you maintain at company code level? There are 2 correct answer to this question.

Options:

A.

Financial statement version

B.

Fiscal year variant

C.

Field status variant

D.

Posting period variant

Question 20

What data is migrated during system conversion? Please choose the correct answer.

Options:

A.

All company codes for the years you specify

B.

Only company codes flagged as productive with all years

C.

All company codes with all data of all years.

D.

Only company codes and years selected in the customizing for migration

Question 21

Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving the forward. They want maintain a filly customizable solution without completely disrupting their current processes. Which SAP S/4HANA solution will you propose?

Options:

A.

Hybrid

B.

Public cloud

C.

Private cloud

D.

On-premise

Question 22

You select the configuration option Set Migration to complete in the conversion of Accounting to SAP S/4HANA. What does this mean? There are 3 correct answers to this question.

Options:

A.

Customizing is consistent

B.

All error messages have been accepted.

C.

All views are generated successfully

D.

Migration for logistics can begin

E.

The previous year can be reopened

Question 23

Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?

Options:

A.

The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed.

B.

The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES

C.

The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).

D.

The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.

Question 24

Which modules remain unchanged after the migration to SAP S/4HANA? Note: There are 3 correct answers to this question.

Options:

A.

Account-based CO-PA

B.

Special purpose ledger

C.

Liquidity planning

D.

Costing-based CO-PA

E.

Classic profit center accounting

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Demo: 24 questions
Total 164 questions
Get P_S4FIN_1909 Full Access Download P_S4FIN_1909 PDF