Latest [Sep 06, 2021] SAP P_S4FIN_2020 Exam Practice Test To Gain Brilliante Result
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NEW QUESTION 37
Which objects do you migrate from SAP ERP to SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. Master data such as assets and profit centers.
- B. Accounting documents of financial accounting and controlling
- C. House banks for new Bank Account Management.
- D. Data of costing-based profitability analysis
- E. Balances of accounts, customers, and vendors.
Answer: B,C,E
NEW QUESTION 38
How data is converted during an SAP S/4HANA standard conversions?
- A. Only company codes flagged as productive with all years
- B. All company codes for the years you specify
- C. All company codes with all data of all years
- D. Only company codes and years selected in the customizing for migration
Answer: C
NEW QUESTION 39
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?
- A. Cloud platform compatibility
- B. Faster innovation cycles
- C. Support for all industries
- D. Fuller integration to external systems
Answer: B
NEW QUESTION 40
What can you do in the extension ledgers configuration? Please choose the correct answer.
- A. You can assign a freely defined currency to an extension ledger.
- B. You can create an extension ledger for which the underlying ledger is an extension ledger.
- C. You can link an accounting principle to a ledger group that contains an extension ledger.
- D. You can manually create a new ledger group that contains an extension ledger.
Answer: C
NEW QUESTION 41
What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.
- A. Consolidation model
- B. Ownership model
- C. Source model
- D. Exchange Rate model
Answer: C,D
NEW QUESTION 42
What data for asset accounting is stored in the universal journal?
- A. Actual depreciation of all depreciation area that are set to post depreciation periodically
- B. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.
- C. Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L
- D. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.
Answer: A
NEW QUESTION 43
What is required to enable the payment approval process in cash operations? There are 3 correct answers to this question.
- A. Create a rule for approvals
- B. Create rule to require signature
- C. Define a grouping method for the rule you defined
- D. Create scenario without approval
- E. Define signature methods for approvals
Answer: A,C,E
NEW QUESTION 44
Which of the following components are obsolete are require migration activities during a Statistical There are 3 correct answers to this question.
- A. Classic credit management
- B. Accrual engine
- C. Costing based CO- PA
- D. Cash Management
- E. Special purpose ledger
Answer: A,D,E
NEW QUESTION 45
You 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.
- A. Errors must be clarified and uncritical errors must be ignored
- B. All errors related to the close years can be ignored
- C. All errors must be corrected during migration to complete it
- D. Critical errors must be resolver in the production system before Go-live
Answer: C,D
NEW QUESTION 46
What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting?
- A. Ledger group
- B. Clearing account
- C. Parallel ledger
- D. An accounting principle
Answer: D
NEW QUESTION 47
What are the parameters to define different technical clearing accounts for integrated acquisition in new asset counting? There are 2 correct answer to this question.
- A. Company code
- B. Account determination
- C. Chart of accounts
- D. Chart of depreciation
Answer: B,C
NEW QUESTION 48
Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?
- A. The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).
- B. The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed.
- C. The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES
- D. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.
Answer: D
NEW QUESTION 49
What can you do in the Cockpit view of SAP Product Lifecycle Costing?
- A. View the costing structure.
- B. Receive an overview of the available master data.
- C. Define global settings for currencies and units of measure.
- D. Manage calculation versions.
Answer: D
NEW QUESTION 50
Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions? Note: There are 3 correct answers to this question.
- A. Profit center
- B. G/L accounts
- C. Value field
- D. Billing condition types.
- E. Cost element categories
Answer: B,D,E
NEW QUESTION 51
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. Cloud single-tenant
- B. Central finance
- C. On Premise
- D. Cloud multi-tenant
Answer: C
NEW QUESTION 52
In your company code, you report on profit centre and segment level. You post a single invoice. What document splitting process does the system use to assign the correct profit centres and
- A. Default account assignment
- B. Passive document splitting
- C. Document splitting inheritance
- D. Active document splitting
Answer: D
NEW QUESTION 53
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