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SAP P_S4FIN_2020 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Exam Practice Test

Demo: 12 questions
Total 80 questions
Get P_S4FIN_2020 Full Access Download P_S4FIN_2020 PDF

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

Question 1

What must you create before you can record commitments in the universal journal?

Options:

A.

Non-leading standard ledger

B.

Mapping for condition types

C.

Extension ledger

D.

CO version

Question 2

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 partner functions for vendors

B.

The Business partner grouping key

C.

The customer/vendor integration interface

D.

The incoterms for vendors

Question 3

In your SAP S/4HANA system, When does a document posted in controlling become Visible in financial accounting?

Options:

A.

When real-time integration is active for the company code

B.

When FI account assignments (such as the segment) change

C.

When document splitting is active for the company code

D.

When any primary and secondary cost and revenue accounts are posted

Question 4

In the standard delivery system, what is the maximum of components you can use for the primary

Options:

A.

140

B.

160

C.

40

D.

25

Question 5

What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting?

Options:

A.

Parallel ledger

B.

An accounting principle

C.

Ledger group

D.

Clearing account

Question 6

Which processes create an artificial controlling document? 2 correct answers

Options:

A.

FI posting of primary costs to production order

B.

Stock material consumption on project

C.

Internal activity allocation to sales order

D.

Assessment from cost center to account based profitability analysis

Question 7

A document can have up to 999999 line items in the universal journal (reposing or G/L view). How does this affect the entry view (table BSEG)?

Options:

A.

The system splits the single entry into multiple documents as required

B.

It is extended to 999999 line items

C.

The entry view is also based on the universal journal

D.

It is limited to 999 items

Question 8

How data is converted during an SAP S/4HANA standard conversions?

Options:

A.

All company codes with all data of all years

B.

All company codes for the years you specify

C.

Only company codes and years selected in the customizing for migration

D.

Only company codes flagged as productive with all years

Question 9

You want to convert your system from an account solution into a ledger solution without a prior new G/ L migration project. Which scenario can be used? NOTE: There are 2 correct answers to this question.

Options:

A.

Selective data transition

B.

System conversion (Brownfield)

C.

Central Finance

D.

New Implementation (greenfield)

Question 10

What are some features of actual costing in SAP S/4 HANA? There are 2 correct answer to this question

Options:

A.

Simplified data structure with new table structure

B.

Possibility of post-closing in the alternative valuation run (AVR)

C.

Selection of activity prices of other CO-versions in the standard run

D.

Reduced number of steps in the calculation cockpit

Question 11

What are the key components of the intelligent enterprise by SAP? There are 3 correct answers to this question

Options:

A.

Intelligent Suite

B.

Digital Platform

C.

Seamless integration

D.

Hybrid cloud

E.

Intelligent Technologies

Question 12

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

Options:

A.

Posting period variant

B.

Financial statement version

C.

Fiscal year variant

D.

Field status variant

Load More P_S4FIN_2020 Questions
Demo: 12 questions
Total 80 questions
Get P_S4FIN_2020 Full Access Download P_S4FIN_2020 PDF