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Good News !!! P_S4FIN_2023 SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP is now Stable and With Pass Result

P_S4FIN_2023 Practice Exam Questions and Answers

SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP

Last Update 21 hours ago
Total Questions : 80

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Question # 1

A fixed asset is to be posted in the new fiscal year. Which closing activity must be carried out for this?

Options:

A.  

Depreciation for the new year must be recalculated (transaction AFAR).

B.  

All depreciation (transaction AFAB) up to that point must be posted.

C.  

Fiscal year change program must have been executed (transaction FAA_CMP).

D.  

All APC values must have been posted using report "Periodic Asset Postings".

Discussion 0
Question # 2

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.

Options:

A.  

Set the zero balance indicator.

B.  

Define a PA transfer structure.

C.  

Define a clearing account.

D.  

Assign a segment to all G/L accounts

Discussion 0
Question # 3

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

Options:

A.  

Material ledger

B.  

Parallel ledgers

C.  

Actual costing

D.  

Margin analysis

Discussion 0
Question # 4

Which fields do you maintain when defining the source ledger for migration of balances?Note: There are 2 correct answers to this question.

Options:

A.  

Source table

B.  

Period

C.  

Company code

D.  

Year

Discussion 0
Question # 5

What system configuration in your customer's current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?

Options:

A.  

The system does NOT use material ledger for actual costing.

B.  

The system uses classic asset accounting to manage fixed assets.

C.  

The customer does NOT use business partners to manage customers and suppliers

D.  

The customer uses the accounts approach for parallel accounting

Discussion 0
Question # 6

A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this?Note: There are 2 correct answers to this question.

Options:

A.  

Select the Record Account Assignment indicator.

B.  

Enter value 90 in the cost element category field.

C.  

Set the G/L account type to Primary Costs or Revenue.

D.  

Define the G/L account as an asset reconciliation account.

Discussion 0
Question # 7

Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

Options:

A.  

The financial statement version for both types of ledgers

B.  

The fiscal year variant for the standard ledger

C.  

The valuation view for the extension ledger

D.  

The posting period variant for the extension ledger

Discussion 0
Question # 8

A document can have up to 999999 line items in the universal journal (reporting or G/L view).How does this affect the entry view table

Options:

A.  

It is still limited to 999 line items but you can configure summarization on certain criteria.

B.  

It is automatically extended to 999999 line items.

C.  

It is now a compatibility view without number restrictions.

D.  

It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required

Discussion 0
Question # 9

Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question.

Options:

A.  

Top down distribution in margin analysis

B.  

FI posting of primary costs to production order

C.  

Stock material consumption on project

D.  

Internal activity allocation to sales order

Discussion 0
Question # 10

You want to configure an extension ledger. Which steps do you need to take? Note: There are 2 correct answers to this question.

Options:

A.  

Select an underlying ledger for the extension ledger.

B.  

Specify allowed currency types for the extension ledger

C.  

Specify the document type for the extension ledger.

D.  

Assign a fiscal year variant to the extension ledger

Discussion 0
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