P_S4FIN_2023 by SAP Valid Free Exam Practice Test

Question 1

In an SAP S/4HANA system, which of the following features is mandatory?

A. Parallel ledgers B. Material ledger C. Actual costing D. Margin analysis

Correct Answer: B

Question 2

Which data is converted during an SAP S/4HANA standard conversion?

A. Only company codes and years selected in the customizing for migration B. Only company codes selected in the customizing for migration for all the years C. All company codes for the years you specify D. All company codes with all data of all years

Correct Answer: D

Question 3

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

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

Correct Answer: A,C

Question 4

In your system, you are creating a new company code that requires an additional standard ledger.Which statements apply to a standard ledger?Note: There are 2 correct answers to this question.

A. It is always active on the system level for all company codes. B. If asset accounting is used, a depreciation area must be assigned. C. It must be assigned to an underlying ledger. D. It will generate additional line items in ACDOCA for non-ledger-specific postings.

Correct Answer: B,D

Question 5

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?

A. 3 B. 4 C. 2 D. 1

Correct Answer: D

Question 6

What cost center planning process can write data directly to plan item table ACDOCP?

A. Internal activity price calculation B. Planning in SAP Analytics Cloud C. Formula planning with templates D. Manual planning of statistical key figures

Correct Answer: D

Question 7

What can you do with SAP S/4HANA Accrual Management?

A. Post planned accrual amounts in table ACDOCP and analyze them in reports. B. Automatically calculate accruals for purchase orders with posted valuated goods receipt. C. Automatically calculate accruals for asset acquisitions (direct capitalization) with purchase orders. D. Post and analyze accruals in all currencies defined for the general ledger.

Correct Answer: D

Question 8

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

A. Private cloud B. Central finance C. Public cloud D. On premise

Correct Answer: B

SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP - P_S4FIN_2023 Exam Practice Test