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

• Question 1

  What restrictions apply when a new currency is introduced for productive company codes and ledgers? Note: There are 2 correct answers to this question.

  • Reconciliation for entities in asset accounting is NOT included.
  • Archived data CANNOT be enriched with the new currency.
  • New currency fields are NOT updated for existing data.
  • Calculated values are NOT added to the ACDOCA.

  Show Answer Answer: A, ,B Next

• Question 2

  What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

  • A chart of depreciation
  • A ledger account determination key
  • An alternative depreciation area
  • An accounting principle

  Show Answer Answer: C, ,D Next

• Question 3

  In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company code 1010.In a second step, you change this account to cost element category "43" in company code 1750, which is assigned to the same controlling area. What is the effect in the system when you save this account?

  • The system brings up an error message and rejectsthe change.
  • The cost element category is different in the two company codes.
  • The cost element category in the account is changed back to "42" for company code 1750.
  • The cost element category in the account is changed for both company codes

  Show Answer Answer: D Next

• Question 4

  You carry forward balances for your company code and leading ledger to the new fiscal year 2022 and you get an error message related to asset accounting. What single action can resolve the error?

  • Post revaluation and new valuation (transaction AR29N) forfiscal year 2021.
  • Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2020.
  • Run "Calculate Depreciation" (transaction AFAR) forfiscal year 2022.
  • Post all depreciation (transaction AFAB) for the fiscal year 2021

  Show Answer Answer: B Next

• Question 5

  Your customer currently uses classic G/L and asks what new functionalities can be implemented during an SAP standard conversion to SAP S/4HAN

  • What functionality can you activate?
  • Additional parallel currency
  • Document splitting
  • Margin analysis
  • Additional standard ledger

  Show Answer Answer: A Next