[Q12-Q27] Certification Training for P-S4FIN-2020 Exam Dumps Test Engine [2021]

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Certification Training for P-S4FIN-2020 Exam Dumps Test Engine [2021]

Nov 16, 2021 Step by Step Guide to Prepare for P-S4FIN-2020 Exam

NEW QUESTION 12
Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.

  • A. Transfer Prices
  • B. Actual costing results
  • C. Plan data
  • D. Parallel currencies

Answer: A,D

 

NEW QUESTION 13
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? There are 2 correct answers to this question.

  • A. Define a PA transfer structure
  • B. Define a clearing account
  • C. Set the zero-balance indicator
  • D. Assign a segment to all G/L accounts

Answer: B,C

 

NEW QUESTION 14
If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain? Note: There are 3 correct answers to this question

  • A. Seamless adoption of the existing processes
  • B. Automatic updates every 3 months
  • C. Faster initial implementation
  • D. Higher degree of customization
  • E. Personalization through self-service configuration

Answer: A,B,C

 

NEW QUESTION 15
You maintain a Launchpad for users to which role Z MANACC is assigned. What do you need to do make an app available on the users Launchpad?

  • A. Assign the app directly to role Z MANACC
  • B. Activate the OData Service for role Z MANACC which is assigned to the app according to the SAP Fiori apps reference library
  • C. Activate the user parameter for PFCG (role maintenance) for role Z MANACC
  • D. Add the app to a catalog and a group that are assigned to role Z MANACC

Answer: D

 

NEW QUESTION 16
Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question.

  • A. Employees
  • B. Distribution channels
  • C. Banks
  • D. Bank accounts
  • E. Suppliers

Answer: A,C,E

 

NEW QUESTION 17
Which transaction types can be restricted to depreciation areas in new Asset Accounting? Note: There are 2 correct answers to this question.

  • A. Retirements
  • B. Investment support
  • C. Revaluation and new valuation
  • D. Transfers

Answer: B,C

 

NEW QUESTION 18
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. Active document splitting
  • B. Default account assignment
  • C. Passive document splitting
  • D. Document splitting inheritance

Answer: A

 

NEW QUESTION 19
Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion? Please choose the correct answer.

  • A. Account-based CO-PA
  • B. Transfer prices
  • C. Document splitting
  • D. Additional FI currency

Answer: A

 

NEW QUESTION 20
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.

  • A. Between two company codes
  • B. Between two accounting principles
  • C. Between two profit centers
  • D. Between two plants

Answer: A,C

 

NEW QUESTION 21
Which type of extension ledger do you set up to record incoming sales orders for account based profitability analysis?

  • A. Extension
  • B. Prediction and commitments
  • C. Simulation
  • D. Valuation

Answer: B

 

NEW QUESTION 22
Where do you assign the customer and vendor account groups when preparing for integration with the business partner (BP)? Note: There are 2 correct answers to this question.

  • A. BP grouping
  • B. BP role group
  • C. BP category
  • D. BP role

Answer: A,D

 

NEW QUESTION 23
What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation? Please choose the correct answer.

  • A. Business Reconciliation Report
  • B. Post Goods Receipt for inbound Delivery
  • C. Reconcile GR/IR Accounts
  • D. Confirm Receipt of Goods

Answer: C

 

NEW QUESTION 24
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.

  • A. The previous year can be reopened
  • B. Migration for logistics can begin
  • C. All error messages have been accepted.
  • D. Customizing is consistent
  • E. All views are generated successfully

Answer: C,D,E

 

NEW QUESTION 25
What function is delivered with business function EA-FIN to support SAP S/4HANA?

  • A. Parallel depreciation areas
  • B. Special valuations
  • C. Parallel ledgers
  • D. New Depreciation Engine

Answer: D

 

NEW QUESTION 26
You are using SAP S/4HANA with account-based profitability analysis. For which objects can you activate derivation of profitability characteristics for G/L line items, without profitability segment'?

  • A. Suppliers
  • B. Production orders
  • C. Fixed assets
  • D. Materials

Answer: B

 

NEW QUESTION 27
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