Get Instant Access to P_S4FIN_2021 Practice Exam Questions [Q18-Q36]

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October 4, 2023

Get Instant Access to P_S4FIN_2021 Practice Exam Questions [Q18-Q36]

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Get Instant Access to P_S4FIN_2021 Practice Exam Questions

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Q18. Which of the following components are obsolete are require migration activities during a Statistical There are 3 correct answers to this question.

Cash Management

Special purpose ledger

Accrual engine

Classic credit management

Costing based CO- PA

Q19. In the standard delivery system, what isthe maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of goods sold?

160

120

100

Q20. Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis?

Line items with technical numbers/ no deletion possible

Standard journal entries

Journal entries for valuation differences

Line items with technical numbers/ deletion possible

Q21. What are the data sources for cash management in SAP S/4HANA? There are 3 correct answers to this question.

Price records

Sales order records

Purchase order records

Memo records

Consolidation records

Q22. In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.

Between two profit centres

Between two accounting principles

Between two plants

Between two company codes

Q23. 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?

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

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

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

The open item remains on segment A.

Q24. Which modules read and write line items of the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

Account-based profitability analysis

Actual costing

Cash management

Costing-based profitability analysis

Q25. What conversion preparation step can be executed only after installing SAP S/4HANA? Please choose the correct answer.

Maintenance planner

Simplification item check

Check customizing settings prior to migration

SAP readiness check

Q26. Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.

Currency type

Accounting principle

Document type

Valuation area

Q27. Your customer is implementing a new installation of SAP S/4HANA.
Which of the following technical components must be installed?

SAP Business Planning and Consolidation for SAP S/4HANA

SAP S/4HANA, embedded Business Warehouse

SAP NetWeaver Application Server

SAP Fiori for SAP S/4HANA

Q28. 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.

It is available only for new installations.

It utilizes separate amount columns in the same ledger.

It requires a non-leading ledger for parallel valuations.

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

Q29. On what level can you assign a fiscal year variant to a company code?

Ledger group, for standard ledger type

Ledger, for any type of ledger

Ledger, forstandard ledger type

Ledger group, for any type of ledger

Q30. 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?

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

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

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

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

Q31. On which levels can you assign different technical clearing accounts for integrated acquisition in asset accounting. NOTE: There are 2 correct answers to this question

Chart of accounts

Transaction code

Account determination

Company code

Q32. What is the maximum number of currency types that you can report on for a ledger?

Q33. What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

Central finance

Cloud single-tenant

On Premise

Cloud multi-tenant

Q34. Where can you find the automatic write-off program to close unpaid customer balances?

Collections Management

Accounts Receivable

Treasury Operations

Dispute Management

Q35. You want to sell products from stock. What do you need to maintain before you can analyze the cost of goods sold (COGS) subdivided by cost components in account-based CO-PA? Note: There are 2 correct answers to this question

A cost splitting profile in general ledger accounting

A settlement profile to control the settlement of cost portions

A collection of primary cost elements to receive the cost portions

An extension ledger with type “Line items with technical numbers”

Q36. You are performing a system conversion for a customer that uses classic G/L with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values in an S/4HANA standard conversion project?Note: There are 3 correct answers to this question.

Valuation areas (FI)

Standard ledgers

Document types

Accounting principles

Ledger groups

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