P_S4FIN_1610 Online Practice Questions and Answers

You are using SAP S/4HANA with account-based profitability analysis. For which objects can you activate derivation of profitability characteristics for G/L line items, without profitability segment'?

Response:

A. Fixed assets

B. Materials

C. Suppliers

D. Production orders

A customer is currently running SAP ERP and wants to transition to a new implementation of SAP S/4HANA 1709. Yea are required to provide them with a solution that enable them transition to SAP S/4 HANA Customer specific enhancements.

Which of the following tools will help leverage the transition process?

Response:

A. Software Update Manager

B. SAP Transformation navigator

C. SAP S/4HANA migration cockpit

D. SAP Readiness check for sap S/4 HANA

Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?

Response:

A. G/L account defined in reconciliation ledger Zero-balance clearing account

B. Original cost account Zero-balance clearing account

C. G/L account defined in real-time-integration CO-Fl Original cost account

D. G/L account defined in real-time-integration CO-Fl Zero-balance clearing account

Which account assignments can you use to classify line items posted into different source assignments for

revenue recognitions?

Note: There are 3 correct answers to this question.

Response:

A. Value field

B. G/L accounts

C. Cost element categories

D. Profit center

E. Billing condition types.

Your customer upgraded a system to SAP S/4HANA for test reasons. You receive feedback from the business department that while opening and closing posting periods, the systems asks for a customizing request.

What is the reason?

Please choose the correct answer.

Response:

A. The migration is NOT set to complete.

B. The client role is set to test in the client maintenance.

C. This is a new feature in SAP S/4HANA as proof of change.

D. The authorization to save the posting periods is missing.

In your SAP S/4HANA system, ledger group L1 is assigned to a US GAAP accounting principle. You want to assign ledger group to the L1 to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values.

Which of the following limitations prevent you from making assignment?

Response:

A. The US GAAP values need to be reported in USG-but-the company code currency is defined as EUR.

B. One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.

C. You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.

D. You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger.

What are the benefits of the new depreciation posting run in Asset Accounting? Note: There are 2 correct answers to this question.

Response:

A. You NO longer need to select reasons for the posting run.

B. You can select a single target ledger group for an accounting principle.

C. The online test run can be performed without any master data restrictions.

D. The posting run can be performed even if there are errors on individual assets.

You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the

data posted to these company codes is no longer legally equied.

How do you handle these company codes?

Response:

A. Migrate all company codes of the client.

B. Migrate all company codes you selected in customizing.

C. Archive all data from unused company codes.

D. Migrate all company codes flagged as productive.

Which modules remain unchanged after the migration to SAP S/4HANA?

Note: There are 3 correct answers to this question.

Response:

A. Account-based CO-PA

B. Costing-based CO-PA

C. Classic profit center accounting

D. Liquidity planning

E. Special purpose ledger

How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to

SAP S/4HANA?

Note: There are 2 correct answers to this question.

Response:

A. Store your planned data in the ACDOCP table.

B. Store your planned data in the ACDOCA table.

C. Use a BW planning cube and a preconfigured content workbook.

D. Use the in-built BPC data extractor and upload template.