P_S4FIN_1909 by SAP Valid Free Exam Practice Test

Question 1

With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger? Note:
There are 2 correct answers to this question.

A. The material ledger with actual costing requires a periodic costing run to update inventory values. B. The material ledger uses the currencies defined in both the leading and non-leading ledgers. C. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system. D. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.

Correct Answer: A,C

Question 2

What are the improvements to new cash pooling? There are 2 correct answers to this question.

A. The balance before concentration and the simulated balance after the concentration can be compared. B. The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration. C. Different payment methods for payment requests can be specified in different paying company codes. D. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made.

Correct Answer: A,B

Question 3

What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting? Please choose the correct answer.

A. A Clearing account B. A Ledger group C. An accounting principle D. A Parallel ledger

Correct Answer: C

Question 4

What must you do before a Go Live migration in the productive client can be set to Complete in customizing?
Note: There are 2 correct answers to this question.

A. Apply small-scale live postings of the day-to-day business to check the system B. Get approval of business department and project management. C. Transfer application indexes using data aging D. Finalize the before-and-after comparison of the financial reports with the business department

Correct Answer: A,C

Question 5

You perform a direct activity allocation. Which database tables are updated? Note: There are 2 correct answers to this question.

A. BSEG B. ACDOCA C. COSS D. COBK

Correct Answer: B,D

Question 6

Cost of goods sold (COGS) split functionality is available in account-based CO-PA. Which settings are necessary? Note: There are 2 correct answers to this question.

A. Operating concern currency must be determined. B. The corresponding cost elements must exist in the chart of accounts. C. Cost elements must be mapped to cost components D. Characteristic values and characteristic groups must be maintained

Correct Answer: B,C

Question 7

How can financial data be stored in the SAP S/4HANA system tables? Note: There are 2 correct answers to this question.

A. There can be a line item in ACDOCA without a corresponding line item in BSEG. B. There can be a line item in BSEG without a corresponding document in BKPF. C. There can be a line item added in BSEG without a corresponding line item in ACDOCA. D. There can be a line item in ACDOCA without a corresponding line item in BKPF.

Correct Answer: A,D

Question 8

On what level can you assign a fiscal year variant to a company code? Please choose the correct answer.

A. Valuation area B. Accounting principle C. Ledger D. Depreciation area

Correct Answer: C

Question 9

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

A. Sales order records B. Purchase order records C. Price records D. Consolidation records E. Memo records

Correct Answer: A,B,E

Question 10

Which of the following are available methods of valuation for depreciation areas? There are 3 correct answer to this question.

A. Define how posting values and depreciation terms can be transferred to other areas B. Calculate additional values for acquisition and product cost. C. Define how asset values post for accounting principles. D. Calculate different values in a depreciation area for a specific purpose E. Define show values, but do NOT post any values to the G/L accounts.

Correct Answer: A,C,D

Question 11

Your customer uses SAP ERP on any database with EHP 8, classic G/L with accounts approach, and more than 10 years' worth of data. What can you do in separate projects before the SAP S/4HANA conversion to reduce the complexity of your conversion project? Note: There are 2 correct answers to this question.

A. Launch customer-vendor integration for the business partner. B. Adopt new Asset Accounting. C. Create a backup. D. Implement an archiving project.

Correct Answer: C,D

Question 12

Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA?
There are 3 correct answer to this question.

A. You must use accounts approach to parallel valuation. B. You cannot continue to use the consolidation staging ledger. C. You must define valuation areas for foreign currency valuation. D. You must configure profit center and segment accounting. E. You cannot configure and activate document splitting.

Correct Answer: B,D,E

Question 13

Where can you view the cost of goods sold (COGS) postings per cost component in CO-PA? Note: There are 3 correct answers to this question.

A. Actual COGS (based on actual costing) in account-based CO-PA B. Standard COGS in account-based CO C. Moving average COGS in account-based CO-PA D. Actual COGS (based on material ledger) in cost-based CO-PA E. Standard COGS in cost-based CO-PA

Correct Answer: B,D,E

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) - P_S4FIN_1909 Exam Practice Test