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1.Which date is used to determine the depreciation start date ?
a Asset Value date
b Baseline date
c Document Date
d Posting date
Answer
a Asset Value date
2 Which documents are needed to complete the 3 way match in the procurement transaction ? 3 correct answers
a Goods receipt
b Down payment request
c Purchase order
d Purchase requisition
e Invoice receipt
Answer
a Goods receipt
c Purchase order
e Invoice receipt
3 In your system you currently perform manual outgoing payments and you want to use the automatic payment program Which settings must you maintain as part of the configuration of the automatic payment program 2 correct answers
a Payment terms
b Bank determination
c Payment blocks
d Paying Company codes
Answer
b Bank determination
d Paying Company codes
4 In your SAP S/4 Hana system, you want to archive the GL Accounts that are not used by the business in any company code What are the prerequisites to archiving all data of a G/L Account 3 correct answers
a There are no transaction figures for the account
b Set the deletion flag in the chart of accounts data of the G/L account
c The blocked for posting indicator is set for the GL Account
d Transaction figures are older than customizable amount of years
e Set the deletion flag in the company code data of the G/l Account
Answer
c The blocked for posting indicator is set for the GL Account
d Transaction figures are older than customizable amount of years
e Set the deletion flag in the company code data of the G/l Account
5 When is it possible to set the open item management indicator in a general ledger account 2 correct answers
a When the account is set up as a balance sheet
b When the account is set up reconciliation account
c When an account is set up as a secondary cost element
d When an account has a zero balance
Answer
a When the account is set up as a balance sheet
d When an account has a zero balance
6 Which of the following should you consider when defining asset number ranges 2 correct Answers
a Asset number ranges are defined at chart of depreciation level
b Each asset number range must be assigned to a unique assets class
c Each asset class can have either an internal or external number range
d Asset number ranges are defined for assets classes and are company code specific
Answer
c Each asset class can have either an internal or external number range
d Asset number ranges are defined for assets classes and are company code specific
7 What dunning related data do you maintain on the business partner master record 2 correct Answers
a Dunning Area
b Dunning Key
c Dunning Block
d Dunning interval
Answer
a Dunning Area
c Dunning Block
8 What does the document splitting functionality do ?
a It enables the automatic creation of an additional posting document in case the original document contains more than 999 line items
b It enriches all relevant balance sheet account lines with the defined splitting characteristics
c It enriches all customer and vendors line items with defined splitting characteristics in the relevant subledgers
d It enables the automatic creation of additional posting documents for each defined splitting characteristic
Answer
b It enriches all relevant balance sheet account lines with the defined splitting characteristics
9 At what level is the bank master data stored in SAP S/4 HANA ?
a At the company code level
b At the financial management (FM) area level
c At the client level
d At the system level
Answer
c At the client level
10 Which elements define the intergration of asset acquisitions with general ledger 2 Correct answers
a Asset class
b Valuation Area
c Depreciation keys
d Depreciation Area
Answer
a Asset class
11 How can you perform transfers of assets between company codes with different charts of depreciation ?
a Ensure the same depreciation areas are used in all charts of depreciation
b Enter depreciation area mapping during intercompany transfer posting
c Define a global transfer variant and assign all the depreciation areas to it
d Configure the cross- company depreciation areas in customizing
Answer
d Configure the cross- company depreciation areas in customizing
12 You have been asked to set up house banks as part of the implementation What information do you need 3 correct Answers
a General ledger account
b Bank control Key
c Company Code
d Payment Method
e Bank Master data
Answer
a General ledger account
b Bank control Key
e Bank Master data
13 Which prerequisites must be fulfilled to allow for negative postings of journal entries ? 2 correct
a The posting key must allow negative postings
b The company code must allow negative postings
c The reversal accounts must be configured to allow negative postings
d The reversal reason must be configured to allow negative postings
Answer
b The company code must allow negative postings
d The reversal reason must be configured to allow negative postings
14 How does the system perform the normal reversal of a journal entry
a It creates an inverse posting by decreasing the transaction figures
b It creates the inverse posting of a cleared document before resetting it
c It creates an inverse posting by increasing the transaction figures
d It creates an inverse posting by resetting's the transaction figures
Answers
c It creates an inverse posting by increasing the transaction figures
15Which business partner characteristic is mapped to the customer and supplier account groups?
a Business partner Grouping
b Business partner account grouping
c Business partner role
d Business partner type
Answer
a Business partner Grouping
16 In customizing at which level can you assign the print program to the correspondence type ? 2 correct Answers
a At client level
b At company code level
c At business partner level
d At system level
Answer
b At company code level
c At business partner level
17 What are key reasons for preferring a new implementation of SAP S/4 HANA rather than a system conversion from SAP ERP ? 2 correct Answers
a You want to integrate the system into SAP Cloud Platform
b You want to clean up your system and use SAP Best Practices
c You want to deploy SAP S/4 Hana Cloud
d You want to use document splitting for the general ledger
Answer
b You want to clean up your system and use SAP Best Practices
c You want to deploy SAP S/4 Hana Cloud
18 After you collect data in the intercompany reconcilliation tool, what are the next steps of the reconcilliation process
A 1 Post the correction document
2 Store the data
3 Present reconciled and non - reconciled data
4 Communicate differences
B 1 Store the data
2 Present reconciled and non - reconciled data
3 communicate differences
4 Post the correction documents
C 1 Present reconciled and non reconciled data
2 Post the correction documents
3 Store the data
4 Communicate Differences
D 1 Stored the data
2 Present reconciled and non - reconciled
3 Post correction documents
4 Communicate differences
Answers
D 1 Stored the data
2 Present reconciled and non - reconciled
3 Post correction documents
4 Communicate differences
19 You Define custom currency type Z1 for your company code ? Which currency type must be stored in the Data entry view ? 2 correct answers
a Document currency
b Custom currency type Z1
c Hard currency
d Company code currency
Answer
a Document currency
d Company code currency
20 What are the characteristics of a company in SAP S/4 HANA 2 correct answers
a It is responsible for costs and revenues within an organization
b It can be assigned to a company code
c It represents separate areas of the operations within an organization
d It is considered for consolidation
Answer
b It can be assigned to a company code
d It is considered for consolidation
21 Which Statement best describe a profit center ? 2 Correct Answers
a It is an object for which separate balance sheet and P&L statement can be created, Independently from segments being maintained or not
b it is only object that can be uniformly derived using segments
c It is an object for which separate balance sheet and P&L statement are created only when used in conjunction with segments
d it is the object from which segments can be uniformly derived
Answer
c It is an object for which separate balance sheet and P&L statement are created only when used in conjunction with segments
d it is the object from which segments can be uniformly derived
22 Which of the following statements best describe how customers down payments are integrated with sales & Distribution (SD) ?
a A Down payment request created is as an F1 noted item, which automatically generates an SD Sale order
b A Down payment request is created as an SD billing document , which automatically posted in F1 as a noted item
c A down payments request is created as an SD sales order, which is automatically posted in F1 as a noted item
d A down payment request is created as an F1 noted item, which automatically generates an SD Billing document.
Answer
c A down payments request is created as an SD sales order, which is automatically posted in F1 as a noted item
23 Which of the following steps do you typically perform during a payment run with the automatic payment program ? 2 Correct Answers
a Maintain open Item selection parameters
b Rank bank accounts for payment
c Review the payment proposal exception list
d Define maximum amounts to be paid per supplier
Answer
a Maintain open Item selection parameters
c Review the payment proposal exception list
24 You post a purchase order for which expenses does the system calculate accruals ? 2 Correct Answers
a Consulting Services
b Fixed assets purchases
c Raw material purchases
d Insurance premiums
Answer
a Consulting Services
d Insurance premiums
25 You are responsible for implementing assets accounting, you are provided with the legacy data of various assets and their grouping information based on classifications, useful life, and depreciation terms What configuration step would you initiate to maintain these categories in SAP S/4 HANA ?
a Define depreciation area for each category of legacy assets
b Configure depreciation keys and calculation keys
c Define classes and maintain their attributes
d Define a Depreciation area to transfer all the legacy data
Answer
c Define classes and maintain their attributes
26 How do you identify an asset master record as an asset under construction ?
a The asset belong to a specific asset class
b The ordinary depreciation start date is empty
c The depreciation key is empty
d The asset Capitalization date is empty
Answer
a The asset belong to a specific asset class
27 You want to post journal entries in a special period which conditions must be met 2 Correct Answers
a You must enter posting date in the last posting period
b The special period must be open for posting in the period control
c The last posting period must be open for posting in the period control
d The balance carry- forward to the new fiscal year must have taken place
Answer
a You must enter posting date in the last posting period
b The special period must be open for posting in the period control
28 You getting ready to post your first simple general ledger document using the SAP fiori app for posting in a test environment. What configuration items do you need to set up to post simple document ? 2 Correct Answers
a Users must be assigned to a tolerance group
b Number range and document types must be maintained
c The posting period variant must be created and assigned
d Line item text templates must be maintained
Answer
b Number range and document types must be maintained
c The posting period variant must be created and assigned
29 On which levels can you maintain field status controls for business partners (BP) ? 2 Correct Answer
a BP Role
b Company code
c BP Type
d BP Category
Answer
a BP Role
c BP Type
30 You Assign currency type 40 to your company code in ledger 0L Which source currency types can you select 2 Correct Answers
a Controlling area currency
b Document currency
c Group Currency
d Company code currency
Answer
c Group Currency
d Company code currency
31 You are a group cash manager interested in the north American business market what are the personalization options available to you in SAP FIORI ? 2 Correct Answers
a You can adapt the launchpad color theme according to predefined values for the cash report
b you can create a tile group with all the apps required for your daily business for easy access
c You can create a tile you directly to the cash position of the North American business Market
d You can manage user access to relevant apps for the North American accounts payable group that reports to you.
Answer
c You can create a tile you directly to the cash position of the North American business Market
d You can manage user access to relevant apps for the North American accounts payable group that reports to you.
32 Which of the following are valid settlement receivers when you perform settlement for an asset under construction on a line item basis ? 2 Correct Answers
a Cost center
b Profit center
c Fixed asset
d Functional Area
Answer
a Cost center
c Fixed asset
33 You are starting the fiscal year - end process in Asset Accounting in SAP S/4 HANA What are the year-end closing program checks for Accounting ? 2 Correct Answers
a Depreciation is posted in full for all assets
b The fixed asset fiscal year change is complete
c Posting periods are closed for asset G/L accounts
d Asset master data is complete and without errors
Answer
a Depreciation is posted in full for all assets
d Asset master data is complete and without errors
34 What do you need to do to configure a new exchange rate type in SAP S/4 HANA ? 2 Correct Answers
a Specify a purpose for the exchange rate type
b Maintain exchange rates daily
c Specify the company code currency as the base currency
d Set up the relationship between currencies using transaction ratios
Answer
b Maintain exchange rates daily
d Set up the relationship between currencies using transaction ratios
35 What is the recommended Organizational unit for cost of sales accounting ?
a Profit center
b Functional area
c Profitability Segment
d Controlling Area
Answer
b Functional area
36 Which field can you change on a posted invoice ?
a Special G/L indicator
b Statistical internal order
c Tax code
d Baseline date
Answer
d Baseline date
37 What items are NOT cleared by the automatic clearing program 3 Correct answers
a Items with the value added tax
b Items with withholding tax
c Noted items
d Items with sales and use of tax
e Statistical postings
Answer
b Items with withholding tax
c Noted items
e Statistical postings
38 Your SAP S/4 Hana system is integrated with controlling, you perform cost of sales accounting and you report your profit and loss per profit center When posting a supplier invoice to a primary cost account, which field is mandatory by standard procedures ?
a Profitability Segment
b Business area
c Functional area
d Segment
Answer
c Functional area
39 What is shared between all deployment options for SAP S/4 HANA (Cloud, On - Premise)? 3 Correct answers
a Code Line
b Upgrade intervals
c user experience
d Data Model
e Configuration scope
Answer
b Upgrade intervals
d Data Model
e Configuration scope
40 To use the SAP Financial Closing Cockpit, which steps are required 3 Correct answers
a Create a template
b Define task dependencies
c Create task groups
d Define the person responsible for tasks
e Release the task list
Answer
a Create a template
b Define task dependencies
e Release the task list
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