What can you assign in a depreciation area in SAP S/4HANA Finance asset

accounting?

- An accounting principle

True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also
a matter of required scope.

- True ?

What setting must be identical between the company code and controlling
area?
- The fiscal year variant key

True or False: More than one company code can be assigned to a controlling area.
- True: In order for this to occur, the company code and the controlling area must have
the same operating chart of accounts and fiscal year variant.

To Which chart of accounts must a company code be assigned in order to for posting to
occur?
- Operating -> for daily activities

What are the two parts of Balance Sheet G/L account

- Chart of accounts segment

- Company Code Segment

For which activities can you use an extension ledger?

- Adjustments for consolidation purposes

- Simulation of foreign currency valuation

How does SAP S/4HANA support the treatment of taxes?

- It posts the tax amount to tax accounts.

- It checks the tax amount entered and automatically calculates the tax.
- It performs tax adjustments for cash discounts and other forms of deductions.

At which point is the down payment request created in the integrated down
payment process with purchasing?
- Purchase order

When should fiscal year close for asset accounting be carried out?
- When the previous fiscal year is closed

What are the parameters to define different technical clearing accounts for
integrated acquisition in new asset accounting?
 - Account determination
- Chart of accounts

Which date defines the period a document can be posted to?

- Posting date

Which business partner characteristic is mapped to the customer and supplier

account groups?
- Business partner grouping

On which levels do you maintain data for an integrated customer account?

- Sales area
- General data at the client level
- Company code

Your customer wants to convert their SAP ERP classic general ledger to SAP
S/4HANA. What system configuration options are available for the customer
within the convened system?
- Implementation of document splitting
- Implementation of additional ledgers for parallel accounting

Which business scenarios can be handled with accrual and deferral postings?
- One-time payment for one-year cloud storage service

When procurement transactions are posted, which of the following steps is

exclusively carried out in Materials Management?
- Creation of purchase order

For general ledger account posting, which one of the following standard posting
keys is for debit?
- 40

Why would you choose to implement the document parking workflow for
journal entry verification, compared to the general journal entry verification
process?
- You do not use SAP Fiori

Which standard currency types must be used when configuring the currency
settings for company codes?
- Company code currency
- Controlling area currency

Which data can you edit in the payment proposal?

- Cash discount
- House bank
- Payment block

What happens to the transaction figures when you post a normal reversal
posting?
 - They are increased

What does the posting key define?

- Debit or credit line
- Account type

Identify the steps performed during the general ledger closing operations for
the fiscal year.
- The balance carry forward program is run.
- Foreign currency documents are valuated.
- Accruals are carried out

Which of the following fields can be configured as changeable in a document

header?
- Document reference
- Document header text

How can you default a value for the cost center in the entire asset class for
buildings?
- By changing the assigned screen layout

What data is migrated during a system conversion?

- All company codes with all data of all years

Which values can be posted to a specific ledger?

- Payments
- Depreciation
- Accruals

Identify the criteria that usually differentiate between document change rules.
- Company code
- Account type

What do you configure to allow cross-company-code transactions?

- Posting keys
- Clearing accounts

Which objects can be posted to by more than one company code?

- Business area
- Segment
- Profit center and NOT COST CENTER
What settings can you define specifically for an asset class?
- Asset under construction category
- Synchronization rules for asset and equipment
- Account determination key

What sort of special general ledger types exist?

- Automatic offsetting entries (statistical)
- Free offsetting entries
 - Noted items
On which levels can you maintain useful life for documents of a company
code in the context of data aging?

- Document type
- Account type
A message can contain up to six fields. Determine whether this statement is
true or false.
- False

Which activities can you perform with a recurring journal entry?

- Obtain an overview of related future postings
- Create monthly postings on any date of a month

What is a reason for performing data archiving?

- To control hardware requirements

You have to map two accounting principles for accounting. Using the accounts
approach to parallel valuation in SAP S/4HANA, which ledger must you use?
- Leading ledger

Which edition of SAP S/4HANA introduced the universal journal?

- SAP S/4HANA Finance 1503

During the archiving procedure, if the application generates a specific log, it is

used; otherwise, you need to manually create a log. Determine whether this
statement is true or false.
- False

Which of the following are valid settlement receivers when you perform
settlement for an asset under construction on a line item basis?
- Fixed asset
- Cost center NOT Profit center

Which parameter indicates that a line item can only be dunned with
restrictions?
- Dunning key

What do you define when you create a new document type?

- Number range for the document type
- Account types allowed for posting
Which activities are supported by the regrouping program of receivables and
payables?
- Grouping receivables and payables by their remaining life
- Regrouping open items based on changed reconciliation accounts

Which fields in the company code definition of a general ledger account are
always required?
- Field Status Group
- Account Currency

True or False: Anyone with an appropriate user name and password can log on
to the SAP Fiori launchpad through a web browser.
- True: No special software need to be installed; all modern up to date browsers with
HTML5 support will work.

When can you set the open item management indicator in a general ledger
account?
- When an account has a zero balance
- When an account is required for clearing
- When an account is set up as as reconciliation account

In the SAP S/4HANA application, the payment program and dunning program
can access noted items for further processing. Determine whether this
statement is true or false.
- True

Which of the following are possible reasons that an invoice would not be paid?
- An invalid house bank is selected.
- The invoice has a debit balance.
- The payment amount is less than the minimum amount specified for a payment.

A general ledger account has a foreign currency setting of CAD. The company
code currency is USD. The controlling area currency is EUR. Which currencies
can you post to in this account?
- You can only post to the account in CAD

Which fields can you edit before posting a parked document?

- Posting date
- Account
 - Amount

Which of the following segments contains the general data of a customer or

vendor that can be accessed throughout the organization?
- Client level

What does the document type control?

- Which account types are allowed for postings
- Whether negative postings are permitted
- Whether postings to special periods are permitted
- ???????Whether postings to secondary cost accounts are permitted??????

Which field can you change on a posted invoice?

- Payments terms

What do you need to do to configure a new exchange rate type in SAP

S/4HANA?
- Set up the relationship between currencies using translation ratios
- Specify a purpose for the exchange rate type

Which of the following is an example of an automatic offsetting entry?

- Posting of a guarantee of payment

For which special G/L indicator do you specify a target special G/L indicator?
- Vendor down payment request

You want to configure the tax calculation procedures. What are the main
elements you need to define?
- Account key OR transaction key
- Sequence of steps
- Condition type

An online test run for depreciation is limited to how many assets?

- 1000

Which entries do you define when maintaining a G/L account?

- Field status group
- Account group
- Account type
What technology did SAP leverage to eliminate aggregate tables from the SAP
S/4HANA system while maintaining compatibility with many legacy programs?
- Compatibility views

What is the difference between the ledger approach and the accounts approach
to parallel valuation in Asset Accounting?
- In the accounts approach, you assign a completely separate set of accounts for each
accounting principle, unlike the ledger approach

What determines the structure of a balance sheet and an income statement

report, and specifies which account corresponds to which items in the report?
- Financial statement version

What two parts does a document consist of?

- Headers
- Line items

In which items of a financial statement version can you find values related to
accounts for sales deductions and material expenses?
- Sales deductions in loss item
Material expenses in liabilities item

What are the three basic steps required to define a new company code?
- Copy existing company code
- Adjust basic and address data
- Adjust global parameters

In a valuation method, which of the following is not a valuation approach for

foreign currency valuation?
- High rate of interest principle

What should you check if the balance of the GR/IR account is not zero at the
purchase order item level on the balance sheet key date?
- Check to see if the goods were delivered by the key date, but have not yet been
invoiced

Which is the most flexible SAP S/4HANA Cloud solution for customers?
- Private option

On which level are asset classes created?

- Client

Which sequence of steps allows a three-way match in procurement

transactions?
- Purchase order, invoice receipt, goods receipt

Which of the following product line does the SAP S/4 HANA system rely on for
procurement function?
- Ariba – SAP Ariba is that supports the digital core with procurement

Which reporting tools are available with SAP S/4HANA embedded analytics?
 - Query Browser
- KPI modelling apps

What is the recommended organizational unit for cost of sales accounting?

- Functional area

Where do you indicate that the useful life of the asset sub-number is identical
to the useful life of the main asset?
- In the screen layout of the depreciation area

True or False: In an environment of systems using SAP HANA, you can perform both
OLAP and OLTP processing without duplication of of the data for SAP BW and SAP
ERP system?
- True: SAP was designed to fulfill the goal of combining optimal OLTP and OLAP
processing in one database.

Which data model is used for SAP S/4HANA?

- Online transactional processing (OLTP) and online analytical processing (OLAP)
both running on a single system.

You need to use foreign currency valuation in the ledger solution. Which
objects must you define in Customizing?
- Valuation areas
- Accounting principles
- Account determinations

What do you define in Customizing for the payment program?

- Forms for the payment media
- Bank determination
- Allowed currencies

What steps are required to create a substitution in financial accounting?

- Activate the substitution rule
- Define the substitution rule with its different steps using the formula editor
- Choose the area of application GL

What are the differences between holding and parking documents?

- The held document doesn't have a document number assigned.
- The parked document can trigger workflow processes

Which of the following types of tasks are available in the Financial Closing
Cockpit application?
- Flow definition
- Online transactions
- Remote tasks

What data do you maintain in the chart of accounts sections of a General

Ledger account?
- Consolidation data
What are some of the personalization options available to users in their SAP
Fiori launchpad environment?
- Users can add applications for filtered report results
- Users can add applications from the catalog assigned to them.
- Users can remove applications that they do NOT use

How can you differentiate the document parking workflow process on the
business partner level?
- Assign different workflow release group

Which of the following methods does the depreciation key define?

- Base method
- Period control method
- Multilevel method

Which of the following components make up an archiving object?

- Data declaration part
- Programs
- Customizing settings
You’ve agreed to terms of payment with a business partner that is a customer
and a supplier. The same terms are to be used both ways (incoming and
outgoing).

You’ve defined a new terms of payment key, but when trying to update the
supplier business partner role, you don’t find the payment term available to
select.

What must you do?

- Maintain the account type in the terms of payment.

What are the features of the Accrual Engine in SAP S/4HANA?

- The fiscal year variant of the general ledger is supported

- All currencies of general ledger are supported.

When a payment in foreign currency clears the amount of the invoice exactly in
the foreign currency but in the local currency is more than the invoiced amount,
what does the system do?
- Post to profit from exchange rate differences.

Your company code is assigned to two standard ledgers and one extension
ledger. You post an invoice with one expense line item with a 10% VAT (sales)
tax. How many line items are updated in the Universal Journal (table ACDOCA)?

- 6

Your company code is assigned to two standard ledgers and one extension ledger. You
post an invoice with one expense line item with a 10% VAT (sales) tax. How many line
items are posted in the document entry view?
 - 3 : The entry view is the document posted before taking into consideration document
splitting and ledger-specific line items.
- One line for the supplier
- One line for expense
- One line for the tax

You indicate that you're posting to the ledger group of an extension ledger. How many
ledgers are updated?

- Only the extension ledger

Your customer uses a posting period variant with special periods, and you need
to allow specific users to post in these specials periods. What do you assign in
the posting period variant?
- An authorization group to period intervals 1 and 2

Which of the following statements best describe how core data services (CDS)
are developed?

- They are developed in the ABAP layer of the SAP S/4HANA system by the IT user.

In which step of the SAP Financial Closing Cockpit configuration do you define
parameters settings for variables of program variants?
- Task list creation

When creating a general ledger account and there are conflicting field statuses,
which field status has the highest priority?
- Suppress

You have an invoice for transport expenses for your assets under construction.
These expenses can be capitalized per IFRS but not in the local GAAP. What is
the best way to handle this?

- Post the invoice to the assets under construction and manage settlement per
depreciation area

For reporting purposes, your client would like to present information about
customer postings that are NOT reflected in the G/L. Which special G/L type do
you recommend?

- Noted items

You want to create a substitution in Financial Accounting. Which parts do you

have to define for each step of the substitution?

- Prerequisite
- Replacement

OR

- Prerequisite statement
- Substitution values

Which ledger-specific configuration can you maintain at company code level?

 - Posting period variant
- Financial statement version

You want to specify the financial statement version for asset reports in
Customizing. Where do you need to assign the financial statement version?
- To each depreciation area

Your customer- performs pre-closing activities on the last day of the month.
Which activities are typically executed during pre-closing?

- Post recurring entries for the general ledger.

- Process bad debt expenses for accounts receivable.

At which levels can validations and substitutions for financial accounting be

defined?

- Header
- Complete document
- Line item

Which SAP Fiori app type provides essential information about system master
data and offers links for navigating between related objects?

- Configuration

Identify the three types of tolerances in accounting.

- Employee tolerance groups

- G/L account tolerance groups
- Customer/vendor tolerance groups

What is defined with the fiscal year variant?

- Start and end dates of the fiscal year

- Number of fiscal periods in a year

What are the maintenance levels of a screen layout rule for asset classes?

- Asset class,
- Main asset number
- Asset sub number
Which of the following account assignments can you configure the system to
create complete balance sheet reports for?
- Segment
- Company code
- Profit center
On which level is the document parking workflow variant assigned?
- Company code

True or False: You need to assign the workflow variant to a company code to be able to
perform standard workflow scenarios such as parked documents approvals.
- True: This basically the definition of the workflow variant. The variant it self is where
rules are defined.

What do you define when you create a new document type?

- Number range for the document type
- Account types allowed posting

What are the results when you post an outgoing partial payment?
- The initial invoice remains open
- A payment is created with reference to the invoice.

Which of the following are default items assigned to every financial statement
version?
- Liabilities and equity
- Profit and loss resulrs
- Assets

The variant principle is used in SAP S/4HANA to assign particular properties to

one or more objects. How many steps does the variant principle have?
- 3

How many cash discount periods can be entered in the terms of payment?
- 3

In which object do you define which SAP Fiori apps a user can use?
- Fiori tile catalog

Your company code is assigned to a leading ledger, two additional normal

ledgers, and one extension ledger. How many carryforwards must be executed?
- 4

Which field cannot be changed during document posting for the one-time
customer?
- Customer country

What are the steps in the Customizing of data archiving?

- Define archiving storage locations

- Perform cross-object Customizing

- Perform object-specific Customizing

Which of the following standard correspondence types can you use to exchange
information with customers and suppliers?
- Dunning letters
 - Payment notices

Which activities can you perform with a recurring journal entry?

- Create monthly postings on any date of a month

- Obtain an overview of related future postings.

Cleared items contain which of the following pieces of information?

- Clearing document number

- Clearing date

Your customer wants the document numbers for two separate document types
to share the same number range. How can you achieve this?
- Enter the same document number range in the customizing definition of both
document types.

What do you define in payment terms?

- Due date specification
- Cash discount

The cross-company code depreciation area is required in which of the following

intercompany transfers?
- For transfers with nonmatching depreciation areas

You are posting an incoming payment against an invoice. Which document

values does the user tolerance group control?
- The cash discount amount (absolute value) allowed for a line item
- The total amount (sum of all line items) allowed to be posted

Besides using the profit center, which options does General Ledger Accounting
with document splitting provide to assign a segment to the posting line?
- Standard account assignment using constant
- BAdI implementation (FAGL_DERIVE_SEGMENT)

Your customer wants to start using SAP S/4HANA line-of-business solutions.

Which of these solutions help you run human resource management processes?
- SAP Fieldglass
- SAP Success Factors

Which of the following assignments can be adjusted for the company code?
- Chart of accounts
- Fiscal year variant
- Company

How can you post accruals?

- Use the recurring entry program
 - Post manually at the end of a period, quarter, or year.
- Execute the periodic accrual run.

Which of the following are SAP Fiori design principles?

- Responsive
- Role based

What are the pillars of the SAP Fiori user experience paradigm?
- Role based
- Simple
- Responsive

Which of the following are the different history sheet groups that each version
of asset history sheets can contain?
- Reposting
- Book values at the end of the fiscal year
- Acquisitions

What is true for real depreciation areas?

- You can post transactions to them independently

Which SAP technological product provides the platform required for SAP to
support the digital transformation of an organization?
- SAP HANA
- SAP Cloud platform

You want to configure the default baseline date for the payment terms of an
incoming invoice. From which date can you derive the baseline date?
- Document date
- Entry date
- Posting date

Identify the application areas where validations and substitutions can be used.
- Asset accounting
- Cost accounting
- Financial accounting

Which system components are directly integrated with asset accounting?

- Purchasing
- Investment management
- Plant maintenance

Which component of the framework for the intelligent enterprise includes SAP
Leonardo?
- Intelligent technologies

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?
 - Paying company codes
- Bank determination

Your customer operates 20 company codes in 10 different countries and three

continents. What is the minimum number of clients you must configure in the
SAP S/4HANA system to depict this scenario?
- 1

You are creating an asset master record by copying another asset, and you
notice that the inventory number is copied over.

Which setting do you make to ensure the inventory number is NOT copied over
when you create a new asset via copy?

- Remove the reference indicator in screen layout maintenance

Which of the following retirement types is referred to as scrapping?

- Complete integrated asset retirement

Which statements best describe a chart of depreciation?

- A chart of depreciation is a country-specific object that is delivered with SAP
S/4HANA.
- A chart of depreciation contains multiple depreciation areas with a provision for
addition and deletion of depreciation areas.

Which of the following are posted in the program FAA_DEPRECIATION_POST?

- Ordinary depreciation such as book depreciation or imputed depreciation
- Unplanned depreciation or other manually planned depreciation
- Imputed interest

Identify the fields that cannot be changed while changing parked documents.
- Currency
- Document type or document number
- Company code

Which of the following fields can be changed in the document header?

- Reference number
- Document header text

Your customer wants the values for a special group of assets to be shown
separately in the general ledger. Which objects do you create in Customizing
for Asset Accounting?
- Account determination key
- Asset class

What type of architecture does SAP Business Workflow use?

- Three-tier

Which of the following are the steps of Intercompany reconciliation?

 - Document selection and data storage
- Automatic assignment of documents
- Manual reconciliation and communication

What is the purpose of period interval 3 when you define open and closed
periods?
- It is used for posting from CO to FI

Which of the following has to be created and assigned to an organizational

structure before the Financial Closing Cockpit can be used?
- Task list template

Delta postings can execute revaluation. Determine whether this statement is

true or false.
- True

The deletion flag is one of the requirements that the system checks before
archiving the master data. Determine whether this statement is true or false.
- True

Which prerequisites must be fulfilled before you can use negative postings?
- The reversal reason must allow negative postings
- The company code must permit negative posting

What are some features of SAP HANA?

- SAP HANA allows transactional and analytical processing off the same tables
- SAP HANA is optimized to organize data using column stores.

What can you do with asset accounting in SAP S/4HANA Finance?

- Simultaneously post separate values by depreciation area
- Post revenue for retirements by acquisition and production cost.
- Assign separate settlement rules for depreciation areas.

For which of the following transactions can you use noted items?
- Down payment request

You are running an international business and you want to set up separate
legal entities to run operations and perform accounting activities.

Which organizational unit do you need to create for each legal entity?

- Company code

In the trial balance report that is based on line items, how many fields can you
select to report on?
- More than 100

The government announces that it plans to change the basic VAT tax
percentage from 20% to 18%. What do you have to do in the system to
comply?
 - Create new tax codes with the 18% percentage for input and output tax.

What do you define for a tax code

- Tax percentage rates
- Valid tax types

What are the benefits of public cloud deployments of SAP S/4HANA?

- IT cost savings
- Always up to date

After you collect data in the Intercompany Reconciliation tool, what are the
next steps of the reconciliation process?
1. Store the data
2. Present reconciled and non-reconciled data
3. Communicate differences.
4. Post the correction documents.

Which of the following options can you use to change the G/L account master
data using collective processing?
- Change company code data
- Change chart of accounts data
- Change account descriptions

What are some of the benefits of SAP S/4HANA?

- The data is aggregated on the fly from any line item table.
- The data is available in real time at line item detail

SAP HANA makes extensive use of which high-speed hardware technology to

offer more speed?
- Multicore CPUs

There are four dunning program steps that can be performed during the
automatic dunning procedure as follows: Arrange these steps into the correct
sequence.
- Maintain the parameters
- Schedule the dunning run.
- Change the dunning proposal

You configured Asset Accounting for your company code with three
depreciation areas that post in real time and corresponding depreciation areas
to track group currency values.

When you post an external acquisition, how many documents are created?

- 4

What can you change for items that are in the exceptions list of the payment
proposal?
- Bank selection
- Payment method
 - Payment block
How many custom currency types can you assign to a company code/ledger
combination?
- 8

Which of the following steps do you typically perform when executing the
payment run with the automatic payment program?
- Maintain open item selection parameters.
- Review the payment proposal exception list.

On what basis does the system determine the period for the asset retirement?
- Asset value date (asset retirement date)

Which of the following is the first step in the variant principle?

- Define variant

You forgot to add a new general ledger account into the financial statement
version. What impact does this have on the net profit and net loss?
- The balance of the new account is added to the non-assigned section and is excluded
from the calculation.

Your customer uses the ledger approach to multiple valuation. During

conversion to SAP S/4HANA, which configurations will be required?
- Assign accounting principles to all real and derived depreciation areas.
- Convert accounts of parallel valuations to asset reconciliation accounts

Which tasks are stages of dunning execution?

- Maintain the dunning parameters
- Schedule the dunning run

If there is no entry or if a runtime value is empty, the system uses a minimum

runtime of 999 days. Determine whether this statement is true or false
- False

What are the characteristics of a company in SAP S/4HANA?

- It is considered for consolidation.
- It can be assigned to a company code

You assign currency type of 40 to your company code in ledger 0L. Which
source currency types can you select?
- Group currency
- Company code currency

Which KPIs can you find on the accounts payables overview page?
- Cash discount utilization
- Aging analysis

Which data sections are part of every asset class? Which data sections are part
of every asset class?
- Master data section
- Depreciation data section
You want to edit a dunning proposal. Which actions can you perform to edit a
dunning proposal?
- Block an account
- Block a line item
- Lower the dunning level of an item

Which document splitting setting for the segment characteristic will ensure that
no document line will be posted without a segment?
- Mandatory fields

How many intervals are defined for the foreign currency valuation run ID per
client?
- 1

You need to define a new document type with a specific document number
range to post customer invoices via interface from a non-SAP system. How
would you define the document number range?
- You have to use external number assignment

What settings can you define specifically for an asset class?

- Synchronization rules for asset and equipment
- Asset under construction category
- Account determination key

Which prerequisite must be met by the technical clearing account for integrated
asset acquisition?
- The account is a reconciliation balance sheet account for fixed assets

Which business partner objects can you define field statuses for?
- Role
- Type

What is the main motivation for creating rules for substitutions and
validations?
- Reuse in multiple steps

You have to run the foreign currency valuation for both US GAAP and IFRS,
which leads to different values for the two different accounting principles. How
can you set this up in the system?
- Define two valuation areas and two accounting principles with relevant links to
ledgers

You need to make the line item text field mandatory during document entry.
Which objects should you analyze to fulfill this request?
- G/L Account
- Posting key

Which process is automated with purchase order accruals, compared to manual

accruals with the accrual engine?
- Create accrual object
How do you identify an asset as an asset under construction?
- The asset belongs to a specific asset class

Where is the billing document created?

- Sales and distribution

Which deployment option do you recommend to customers who want to always

be on the latest release of SAP S/4HANA?
- SAP S/4HANA Cloud

True or False: THe only version the public cloud edition of SAP S/4 HANA Cloud a
customer can be on is the latest released version.
- True: Quarterly updates in the realm of the multitenant public cloud are always
required.

You want to develop a substantial enhancement for the purchase-to-pay process in your
SAP S/4 HANA system. Where does SAP recommend you perform this?
- SAP Cloud Platform

True or False: SAP S/4 Hana (on premise) can be deployed on cloud infrastructure.
- True: There is no limitation on the location of the hardware that the on-premise
version of SAP S/4 Hana is deployed

What is true for assigning charts of depreciation to company codes?

- Each company code can be assigned to a different chart of depreciation

In your SAP S/4HANA system, you report financial values for three separate
accounting principles. You post an acquisition for an asset that is capitalized in
a single accounting principle.

If you use the application to post integrated asset acquisitions, how many
documents will the system post?

- 2

Which of the following parameters can you define within a dunning procedure?
- Line item grace period
- Number of dunning levels

What account types can you use to classify general ledger accounts in SAP
S/4HANA?
- Balance sheet
- Secondary costs
- Non- operating expense or income

Which of the following is a difference between data aging and data archiving?
- Data archiving removes data from the database

The managerial closing activities include locking the old accounting period.
Determine whether this statement is true or false.
- True
Which of the following types of tasks are available in the Financial Closing
Cockpit application?
- Online transactions
- Flow definition
- Remote tasks

How many posting period intervals in SAP S/4HANA are used for postings of
Financial Accounting (FI) and Controlling (CO)?
- 3

There are four dunning program steps that can be performed during the
automatic dunning procedure as follows: Arrange these steps into the correct
sequence.
- Change the dunning proposal
- Schedule the dunning run
- Maintain the parameters

Your customer- performs pre-closing activities on the last day of the month.
Which activities are typically executed during pre-closing?
- Process bad debt expenses for accounts receivable
- Post recurring entries for the general ledger.

Your customer doesn't want to implement profitability analysis, not even

account-based, because the company doesn't understand its value. Which
argument would you use to persuade the customer?
- Profit and loss statements can be analyzed by sales-specific characteristics

Which types of stock is best suited to a moving average price (MAP) valuation?
- Raw materials

What is the maximum dunning level that can be assigned to a dunning

procedure?
- 9

What types of data are maintained for a house bank?

- General Ledger account
- Data medium exchange details

For which type of account is the line item display generally active?

- Special general ledger account

Which elements define the integration of asset acquisitions to the general

ledger?
- Depreciation area
- Asset class

You use the ledger approach for parallel accounting in Asset Accounting.
Depreciation area 01 is assigned to the leading ledger for an area 01 is
assigned to the leading ledger for leading valuation and depreciation area 32 is
assigned to the non-leading ledger for parallel valuation.

What posting option should you choose for depreciation area 32?

- Area Posts in real time

You are configuring asset related postings of depreciation areas in asset accounting for
company code that uses the ledger approach to parallel valuation. Which of the
following settings would lead to an error?
- Area does not post

You are configuring depreciation areas in Asset Accounting. Which of the following
settings is NOT permitted?
- Area posts revaluation only

Which of the following standard currency types can you set in customizing
activity "define setting for ledgers and currency type"?
- Group currency
- Local currency

Your customer wants to use data aging for the universal journal. Which criteria
can you use to decide which data is moved to the historical partition?
- Account type
- Document type

What checks can you perform from the Audit Journal app?
- Check gaps in journal entry numbering
- Display journal entry changes
- Check multireferenced invoices

On which levels can you activate document splitting?

- Company code level
- Client level

Where can an SAP Fiori end user change the theme of their launchpad?

- In the Me area of the launchpad

What is the relationship between accounts of the operating chart of accounts

and the local chart of accounts?
- One operating account to one local account

When assigning dunning charges to a dunning procedure, what options do you

have?
- To assign a dunning charge percentage without assigning a fixed amount
- To assign a fixed amount with assigning a dunning charge percentage
Which object hierarchies can you maintain with the Manage Global Accounting
Hierarchy app?
- Cost center
- Profit center
- Functional area

True or False: SAP S/4HANA replaces SAP ERP, and development and support
are shifted completely to it.
- False -> SAP S/4 HANA is the successor to SAP ERP, but it doesn't replace it. There
are still a huge customer base the relies on SAP ERP, and SAP has promised support
until 2025.

You start your first sandbox migration and get a lot of errors. How are errors in
an SAP S/4HANA migration handled?
- Critical errors must be resolved in the production system before Go Live.
- All errors must be corrected during migration to complete it.

What is controlled by the terms of payment?

- Allowed account type
- Default payment method
- Determination of the baseline date

When a document is posted , a number is assigned to that document. This

number comes from a number range assigned to what in the header of the
document?
- Document type

You want to make the Reference Document Number field required for entry.
Which object controls this setting?
- Document type

You can compare text patterns in your statements using the keyword LIKE.
Determine whether this statement is true or false.
- True

Which deployment options exist for SAP S4HANA?

- Cloud deployment ( Public)
- On-premise deployment
- Hybrid deployment (single client?)

Deciding about the best SAP S/4 HANA deployment option for SAP S/4 HANA for
business, which dimensions come to mind.
- IT Strategy
- Innovation Cycles
 - Business Functionality
- Deployment Times
- Regulatory, Industry, and regional requirements

List at least three Financial Accounting components in SAP S/4 HANA.

- FI-GL (General Ledger)

FI-AP (Accounts Payable)
FI-AR (Accounts Receivable)
FI-AA (Asset Accounting)
FI-BL (Bank Accounting)

What can you enter in the header section of the Post Outgoing Payments app?
- Bank fees
- Customer
- Value date

Which of the following activities does the system perform during the payment
run?
- The system clears open items
- The system supplies the print programs with necessary data
- The system makes postings to the G/L and AP/AR subledgers

True or False: Postings made in subledgers like Account Payable, Accounts Receivable,
and Asset Accounting are simultaneously recorded in the General Ledger.

- True: Each subledger has one (or more) reconcilliation accounts in the general ledger.
The reconciliation accounts ensure that the balance of G/L accounts is always zero.

You define the type of custom currency Z1 for your company code. What types
of currency should be stored in the Data Entry view?
- Document currency
- Company code currency

Which two reports should you use to create correspondence to and from
customers and vendors to enable you to verify the balance of receivables
and payables?
- SAPF130K
- SAPF130D

In Asset Accounting, which object do you use to handle separate valuation for
parallel accounting?
- Depreciation area
To reduce the load on the system, what should you do with the older
documents that exist in the database?
- Archive and delete

You are asked to explain the assets under construction functionality in SAP
S/4HANA. What should you highlight?
- It is possible to post special tax depreciation and investment support for assets
under construction
- It is possible to post credit memos, even after assets under construction are fully
capitalized

You are responsible for implementing Asset Accounting. You are provided with
the legacy data of various assets and their grouping information based on
category, life, and depreciation terms.

What configuration step would you initiate to maintain these categories in SAP
S/4HANA?

- Copy the chart of depreciation and maintain depreciation areas

You are responsible for implementing Asset 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/4HANA?

- Define asset classes and maintain their attributes

What does assigning a screen variant during document entry do?

- It changes the fields that are ready for entry in the line items.

A message can contain up to six fields. Determine whether this statement is

true or false.
- False

In stock valuation, which of the following groups of stocks are valuated?

- Finished goods
- Raw materials, supplies and consumables
- Work in process

Which of the following methods can be used to transfer Asset Accounting

(FI-AA) legacy data?
- For a small quantity of legacy data, use AS100
- For a manageable quantity of legacy data, use the manual transaction code AS91
and ABLDT
 - For a large to very large quantity of legacy data, use the legacy data transfer
using a BAPI interface

What is defined in the bank account connectivity path settings?

- House Bank account ID details

Which values can you define as prerequisites for triggering the general journal
entry verification workflow?
- Source company code
- Cost center
- Account group

You are configuring accrual types for the accrual engine. For which postings is
account determination required?
- Opening posting only
- Periodic only

Which closing activities are used in external reporting as per SAP best
practices?
- Perform valuations of open items in foreign currency
- Perform flat rate value adjustment for receivables
- Regroup receivables and payables on the balance sheet
- Reclassify receivables and payable

In which application areas can you use validation?

- Asset accounting
- Cost accouting

You've negotiated payment terms that include three installment payments with
your customer. How many terms of payment must you define?
- 4

Which of the following statements best describe a noted item?

- It can be accessed by the payment program
- It can be used to remind the user about due payments

A business partner is both a customer and a supplier. The customer has a

sizable open amount unpaid. You want to make sure that the payment program
posts no outgoing payments to the business partner until he has paid part of
the outstanding amount. How can you do this?
- Assign a payment block in the supplier business partner role details

What are the three basic steps required to define a new company code?
 - Adjust global parameters
- Adjust basic and address data
- Copy existing company code

For which of the following tasks must you always indicate manual task
completion?
- Notes

You are starting the fiscal year-end process in Asset Accounting in SAP
S/4HANA. What are the year-end closing program checks for Asset Accounting?
- Asset master data is complete and error free.
- Depreciation is posted in full

True or False: The only version of the public cloud edition of SAP S/4HANA a
customer can be on is the latest released version.
- True

What can you manually select to copy when you copy a company code?
- General ledger account data
- Company code currency
- Controlling area assignement

On what level can you assign a fiscal year variant to a company code?
- Ledger

A customer payment was received. An open item does NOT exist for the
payment. How can you post the payment?
- Post payment on account

What is the correct order of steps when configuring the payment programs?

- All company codes, paying company codes, payment methods in country, payment
methods in company code, bank determination

Which of the following are standard correspondence types?

- Payment notice
- Open items list
- Account statement

Which requirements do you need to fulfill to use data aging for Finance in
the SAP S/4HANA system?
- Activate aging on SAP HANA
- Add required authorizations for data aging to your role
- Switch on the data aging business function
How can you perform transfers of assets between company codes with different
charts of depreciation?
- Configure the cross-company depreciation areas in customizing

Which steps are required to create a substitution in Financial Accounting?

- Choose the area of application GL
- Define the substitution rule with its different steps using the formula editor
- Activate the substitution rule

Which steps are required to create a substitution in Financial Accounting?

- Select the correct call-up point
- Select activation level 2
- Define the substitution rule with its different steps using the formula editor

Which of the following currency types can you set in customizing activity
"define setting for ledgers and currency type"?
- Group currency
- Local currency

On what level do you assign dunning areas?

- Company code

You receive a payment for an invoice that is smaller than the owed amount.
How can you manage payment differences in the Post Incoming Payments app?
- Residual item
- Partial payment

Identify the reasons for archiving data.

- Improving response times and ensuring good response times
- Reducing the system downtime when carrying out software upgrades, recoveries,
and (offline) database backups
- Lowering the effort involved in database administration

Which of the following are the characteristics included in general ledger

drilldown reports?
- Business area
- Company code
- Segment

What is the secondary cost general ledger account type used for?
- To post internal cost allocations in management accounting
Which of the following original Management Accounting objects can you assign
in the asset master record?
- Cost center
- Activity type
- Order

On which database is SAP S/4HANA built to run?

 - Only on SAP Hana

Which of the following steps are parts of the process of configuring the
payment program?
- Configure the paying company codes
- Configure the payment methods for each company code
- Configure the house banks

Which is the first step in the procedure of making down payments in the
customer area?
- Down payment request

How does the system behave when an invoice is processed as a residual

payment?
- The original document and payment are cleared.

You have a debit amount of 50 and credit amount of 80 as balance on an

account. This account is assigned to the assets side in a financial statement
version, with the debit indicator and the credit.

How is this shown on the balance sheet?

- The balance is shown on the assets side

During which actions does the system assign the document number for
Financial Accounting?
- Post
- Park

Identify some of the fields related to the depreciation area in the asset master
record.
- Useful life
- Scrao value
- Depreciation start

Which business partner categories are available to manage relationships?

- Person
- Organisation

Which of the following logistic processes are involved in asset acquisition with
materials management (MM)?
- Purchase requisition
- Goods receipt
- Purchase order
Which of the following statements is correct for external number assignment
(manual posting)?
- The number is entered by the user

What is the maximum number of steps possible in validation?

- 999

Which of the following are the month-end closing activities for external
purposes?
- Close the old period
- Perform foreign currency valuations
- Create external and internal reports

What information is provided when you execute the balance audit trail?
- The starting balance and the yearly changes to the balance of a general ledger
account

Which General Ledger account type do you select to perform activity cost
allocations?
- Secondary costs

What types of objects are maintained separately per client?

- Master data
- Organizational units
- Transactional data

Which attributes should you consider when defining asset number ranges?
- Each asset class can have either an internal or external number range
- Asset number ranges are defined for asset classes and are company code specific

What kind of automated checks are available for the financial statement
version?
- Check for accounts assigned to one side only
- Check for incorrectly assigned accounts

Which information is checked by the system before a general ledger account k

archived?
- The Mark for Deletion indicator is set in master data

Which of the following options are included in the Asset Explorer?

- Drill down to reports
- Drill down to Financial Accounting (FI) document
- Display depreciation calculation

What is the purpose of the reorganization of segments?

- Enables merge of segments
- Enables segment reassignments.
Which of the following retirement types is referred to as scrapping?
- Partial retirement without revenue and without customer

In which of the following segments of a customer or vendor master record can

you enter the terms of payment?
- Purchasing organization segment
- Company code segment
- Sales area segment

For which of the following can you park documents?

- General ledger accounts
- Customer accounts

You need to enter a percentage rate in the terms of payment to calculate _____
- Cash discount

Identify the callup points that have been provided for Financial Accounting
(FI).
- Complete document
- Document header
- Document line

What is the recommended field status setting for fields in the customer-vendor
account groups in the Financial Accounting customizing?
- Optional

Which of the following statements apply to the special general ledger types of
noted items?
- No postings are made on an offsetting account
- No zero-balance check is made in the system
- Noted items are posted to an alternative reconciliation account

Which fields can you edit before posting a parked document?

- Amount
- Account
- Posting date

What must you do when you set up depreciation areas?

- Assign an accounting principle for each depreciation area

When you post a manual incoming payment, which parameters are valid for all
payment documents?
- Bank account
- Journal entry type

You are a group cash manager interested in the North American business
market. What are the personalization options available to you in SAP
Fiori?
 - You can create an app to take you directly to the cash position of the
North American business market.
- You can create access to relevant apps for the North American accounts
payable group that reports to you.
You are a group cash manager interested in the North American business
market.What are the personalization options available to you in SAP Fiori?
- You can create a tile group with all the apps required for you daily
business for easy access
- You can create a tile to take you directly to the cash position of the North
American business market

Which of the following lists support the dunning clerk’s work?

- The dunning list
- The dunning history list
- The blocked accounts list

Data in the SAP HANA database is stored in which two ways?

- Row
- Column
THE SAP HANA Database relies on which of the following technologies for storing
data?
- In Memory
- Columnar Store
- Compression

When you post a payment for an invoice, how does the system derive the
splitting characteristics?
- Passive document splitting

You are configuring depreciation areas in Asset Accounting. Which of the

following settings is NOT permitted?
- Area posts revaluation only

How can you set up multiple valuations for transfer pricing in your SAP
S/4HANA system?
- You can assign each valuation to a separate ledger.
- You can assign profit center, group, and legal valuations to the same ledger.

The usage of which of the following depreciation types can be activated per
depreciation area?
- Special depreciation
- Ordinary depreciation
- Unplanned depreciation

What is the order of configuration within the SAP Financial Closing cockpit?
- Create template, create tasks, define dependencies, create task list, release task list
A user wants to add an application to his SAP Fiori home page but can’t find it
in the App Finder. What does the admin have to do?
- Assign the corresponding SAP Fiori tile catalog to the user.

Which of the following can you use for multiple programs with variants that are
to be processed automatically?
- Flow definition

A maximum of how many special/valuation periods can be open at the same

time?
- 4

You want to post journal entries in a special period. Which conditions must be
met?
- You must enter a posting date in the last posting period.
- The special period must be open for posting in the period control.

Which of the following objects are relevant to the dunning program

configuration?
- Dunning levels
- Expenses or charges
- Minimum amounts

What kind of customization can users do on their launchpad?

- Create their own tile groups
- Change the names of tiles groups

In the payment method settings for the company code, what options do you
have for payment optimization?
- Optomization by bank group
- Optomization by postal code

You execute a report based on the location and are missing an asset. What
might have happened?
- The equipment assigned to the asset was moved
- The asset was sold to a customer

What is the purpose of the group account number in General Ledger account
master data maintenance?
- it is used for cross-company-code reporting if the company codes use different charts
of account.

A document has several line items, with different reason codes entered. For the
automatic payment, which correspondence type does the system choose?
- The one assigned to the tolerance group

What can you control with the tolerance group?

- Maximum amount per open item
 - Maximum amount per document
- Maximum permitted payment differences

è SAP Tolerance Groups determine various amount limits for employees and
predefine the maximum amount an employee is permitted to post, the maximum
amount the employee can post as line items in a customer or a vendor account, the
maximum cash discount percentage the employee can assign in a line item, and
the maximum allowed tolerance for payment differences for the employee
A vendor is also a customer. The payment program has to clear the open items.
Which setting has to be maintained for the business partner?
- The account link

Which of the following special G/L transactions are noted items?

- Bill of exchange payment request
- Down payment request

You are responsible for configuring document splitting. What are some of the
key settings?
- Document type
- Business transaction variant

When you copy an asset, the asset text is copied as well. How can you avoid
this?
- By changing the assigned screen layout

When items aren’t automatically assigned for intercompany reconciliation

(ICR), how do you perform reconciliation?
- Match items manually.
- Use an automated assignment rule.

Which of the options are types of user fields?

- Asset super number
- Evaluation group

You need to perform mid-year legacy system migration for assets in a new
company code. Which data must you migrate?
- Current year posted depreciation
- Current year asset acquisition transactions
- Closed year asset sale transactions

Which field in the business partner master can you configure so that the
document reference is transferred to the line item?
- Sort key

On which levels can you maintain field status controls for business partners
(BP)?
- Client
- BP type
- BP role
What checks does the year-end closing program (RAJABSOO) perform?
- Assets are complete and error-free
- Depreciation and asset balances are posted in full

The dunning run is made up of three main steps that happen in a particular
sequence. What is the correct sequence of steps?
- Account selection
Dun line items
Dun account

Which data do you define on the bank master record?

- A unique bank country
- Address data and control data

Which parameters can you specify when you create a new correspondence
type?
- Number of date fields required
- Account required
- Document number required

When creating a bank as a business partner, what roles are assigned to the
business partner by default?
- General
- Bank Financial services

Customers using classic General Ledger Accounting can use RFBILAOO to

create a financial statement at which organization levels?
- Business area level
- Company area level

When making a partial sale, how can you choose to calculate the amount of
value reduction for the asset?
- By percentage
- By quantity
- D. By retirement amount

Which stage of the sales process creates documents for both Materials
Management and Financial Accounting?
- Shipping – goods issue

Which currency valuation program is replaced by FAGL_FCV?

- FAGL_FC_VALUATION

What is required to enable the payment approval process in cash operations?

- Define signature methods for approvals
- Define a grouping method for the rule you defined
- Create a rule for approvals
Which of the following parameters can be changed on a time-dependent basis?
- Depreciation key
- Variable depreciation portion
- Useful life (year or period)

What fields do you have to enter to make a document reversal?

- Reversal reason
- Posting date

In an asset main number in Asset Accounting, which information can be

different between international GAAP and local GAAP?
- Depreciation start date
- Net book value

You are configuring depreciation areas in Asset Accounting. Which of the

following settings is NOT permitted?
- Area posts revaluation only

On which level do you maintain the bank directory?

- Client

What object determines the number range for business partner master data?
- Business partner grouping

What information is updated on the invoice when you post a complete

payment?
- Cleraring document number
- Clearing date

Which of the following control data is carried by asset classes?

- Screen layout
- Number range interval
- Account determination

The SAP HANA database relies on which of the following technologies for
storing data?
- In-memory
- Columnar store
- Compression

True or False: A posting key allows posting to just one account type.

- True: The posting key supplies the system with the information about which account
has posted to the G/L account, customer, vendor, assets or material.

Within the line items of FI documents, what does the posting key control?
- Whether the item is posted as a debit or credit
- The field status of additional details
- The account type to which the line item can be posted

Which transactions lead to asset capitalization?

 - Valuated goods receipt
- Intercompany transfer
- Asset under construction settlement

When setting up the system, you want to maintain default values for users of a
company code. Which application do you use?
- User maintenance

What are the two phases of AuC that are relevant to Asset Accounting?
- Useful life phase
- Under-construction phase

Why might you define options to have manually allocated item keys for the
financial statement version?
- To be able to enter an explanatory text for the item key

What does the document splitting do?

- It enriches all relevant balance sheet account lines with the defined splitting
characteristics
- It enriches all customer and vendor line items with the defined splitting characteristics
in the relevant subledgers

Which of the following information is entered in the chart of accounts segment

of a G/L account?
- Account number
- Control fields consolidation fields

What do you define when configuring asset classes? Note: There are 3 correct answers
to this question.
- Screen layout rules
- Number ranges
- Account determination

Which of the following procedures are available to check the balance of

receivables and payables in balance confirmations?
- Balance confirmation
- Balance request
- Balance notification
Your SAP S/4HANA 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?

- Cost center
– Functional area

On which organization unit level do you define a chart of depreciation?

- Client

Which dates can you use for tax calculation?

- Document date
 - Posting date

You can use Boolean logic to define different types of logical statements.
Determine whether this statement is true or false.
- True

You want to define a validation for the combination of general ledger account
and cost center. For which call-up point do you define this validation?
- Document line

You use the lowest-value valuation method with active delta logic. Your open
item was posted at 200 units of foreign currency, which originally translated to
100 units of local currency, and in the previous period it was 98 units. In the
preceding foreign currency valuation run, the program posted a value of -1
currency units.

What was the value in local currency units at the time of valuation?

- 97

In SAP S/4HANA, on which levels can you maintain open posting periods?
- Posting period variant
- Controlling area

You have been asked to set up house banks as part of the implementation.
What information do you need?
- Company code
- Bank master data
- General ledger account

For which kind of asset is the asset main text always prefilled?
- Asset subnumbers

What should you do to set up a new exchange rate type in SAP S/4HANA?
- Maintain exchange rates daily
- Specify the direct or indirect quotation.

What can you achieve by using the head office/branch scenario?

- Invoices posted to the branch become open items for the head office.

Which of the following functions include the important functions of the SAP List
Viewer tool?
- Calculating totals and subtotals
- Deleting and inserting columns
- Setting filters

What is the main differentiating factor of posting a manual accrual document

compared to other manual transactions?
 - Reversal reason

What restriction apply when a new currency is introduced for productive

company codes and ledgers?
- Archived data CANNOT be enriched with the new currency.
- Reconciliation for entities in asset accounting is NOT included

When you create multiple similar asset master records, which of the following
fields allow you to make separate entries for each individual asset?
- Description of the asset
- Inventory number
- Cost center

What items are NOT cleared by the automatic clearing program?

- Noted items
- Statistical postings
- Items with withholding taks

Identify the fields that cannot be changed while changing parked documents.
- Document type or document number
- Currency

Down payments received reduce the total of which of the following entities?
- Receivables

How do you configure depreciation areas in SAP S/4HANA?

- Assign a ledger group to each depreciation area
- Ensure all depreciation areas always post to the general ledger.
Financial statement versions consist of a maximum of 10 hierarchy levels.
Determine whether this statement is true or false.
- False

Which objects can define the maximum length of a general ledger account?
- Chart of accounts
- Account group

What is assigned to a number range and controls how Company Code segment of a G/L
account is displayed?
- Account group

True or False: Reconciliation accounts can be posted to directly

- False: You can post to a reconciliation account only through a subledger account.
What is shared between all deployment options for SAP S/4HANA (Cloud, On-
Premise)?
- Upgrade intervals
- Configuration scope
- Date model

You've mistakenly created your business partner with the wrong business
partner category. You've saved the data but haven't made any postings. What
can you do to correct this?
- Create a new business partner using the correct category

What options does a processor for a general journal entry submitted for
verification have?
- Submit
- Reject
- Approve

How can you select to post accrual amounts when customizing the accrual
engine?
- Post full amounts
- Post delta amounts

Which of the following product lines does the SAP S/4HANA system rely on for
most human resource management functions?
- SAP SuccessFactors

What are the reasons to perform regrouping of receivables and payables?

- To align amounts on accounts with changed reconciliation accounts
- To display receivables and payables separately
- To group payables and receivables based on the due dates

What does the document splitting functionality do?

- It enriches all relevant balance sheet account lines with the defined splitting
characteristics

Which elements define the integration of asset acquisitions with the general ledger?
- Asset class
- Depreciation area

What are some of the benefits of the data handling in SAP S/HANA?
- The data is available in real time at line-item detail
- The data is aggregated on the fly from any line-item table

Which fields of a financial accounting document influence the automatic payment

program
- Payment method
- Payment block
- Terms of payment
Which closing activities are performed for external reporting as per SAP best practices?
- Perform valuations of open items in foreign currency
- Regroup receivables and payables on the balance sheet

Which date is used to determine the depreciation start date?

- Value date
OR
- Asset value date

What can you control with the reason code in Accounts Receivable?
- The type of payment notice sent to a customer
- The exclusion of disputed residual items from credit limit checks
- The account where a residual item is posted

You use the search in your SAP Fiori launch pad to loop information for a cost center.
What kind of app is used for the information shown in the search results?
- Factsheet

In order for information to pass over the controlling module when posting to an expense
account as part of the FI transaction, which master record setting must exist for the
expense account that is being posted to?
- G/L Account type = Primary Cost or Revenue and setting for Cost Element Category

True or False: When a transaction is posted in FI, It automatically appears on

the balance sheet.
- True: The account must be assigned to an appropriate line item in the financial
statement version used when running the balance sheet. Otherwise, the posting will
appear in the financial statement in a category called "Accounts not assigned"

Which of the following organizational units are part of the enterprise structure for
financial accounting?
- Functional area
- Business area
- Segment

True or False: You assign the operating concern used for profitability analysis
directly to the company code
- False: The operating concern is assigned one to many to the controlling area. The
company code is assigned to the operating concern indirectly through the assignment
of the company to the controlling area

True or False: To integrate financial accounting with Purchasing, you must assign the
purchasing organization to the company code.

- False: When you don't assign the company code to the purchasing organization the
system uses the plant to derive the correct one.
True or False: With block indicator set on the chart of accounts, you can no longers
perform postings to the company code assigned.
- False: The indicator blocks the accounts in the chart of accounts from being assigned
to a company code. This won't affect accounts already assigned before the indicator
was set and won't stop you from posting to the account of the chart of accounts.

When creating a general ledger account and there are conflicting field statuses, which
field status has the highest priority?
- Suppress

True or False: If you maintain a single value for the retained earnings account, then for
any P&L general ledger account you create, the P&L statement account type is assigned
automatically.
- True: You only need to define the retained earnings account manually if you've
defined more than one retained earnings account. In this case, automatic assignment is
no longer possible, and you always have to input the correct type manually.

True or False: When you create a new standard ledger from scratch, its assigned to all
company codes by default.
- False: A new standard ledger won't be assigned to any company codes until you
manually make the assignment and configure the ledger settings. If you create a
ledger via copying, you can choose to copy the assignment and settings from the
original to the new one.

True or False: When using the accounts approach to parallel valuation for
mapping to accounting principles, you'll essentially double the general ledger
accounts in the chart of accounts.
- False: You only need to create two sets of accounts for those accounts for which there
can be differences in valuation.

True or False: You can use an extension ledger to depict a separate accounting principle
- True: Although you have limitations because you can only perform manual postings,
you can assign an extension ledger group to an accounting principle and thus have a
complete, separate valuation

True or False: SAP S/4 HANA come preconfigured with common accounting principles
and corresponding rules and checks assigned.
- False: Although a SAP Best Practices package or Client 000 might indeed have an
accounting principle pre define, the accounting principle objects carries no valuation
rules or checks in and of itself.
How many custom currency types can you assign to a company code /ledger
combination?
- 8
True or false: Using cost of sales accounting can lead to a different result (profit/loss
amount) at the end of a period compare to period accounting.
- B. False. This statement describes a normal reversal. With a negative reversal, the
system post a negative amount on the same debit/credit side as the original document
line items. This ensures total debit/credit for the account isn't affected by the wrong
posting

True or False: A customer account can be defined as the clearing account for cross-
company code postings.
- True: There is no requirement that the clearing account be a general ledger account
only.

True or False: Using cost sales accounting can lead to a different result (profit/loss) at
the end of a period compared to period accounting.
- False: Although the grouping of the amounts lis different , The financial result is
always the same with either the cost of sales or period accounting method.

Which statements best describe a profit center?

- It is the only object from which segments can be uniformly derived.

- It is an element for which separate balance sheet and P&L statements can be
created, whether segments are being maintained or not.

You perform foreign currency valuation for open items of your supplier accounts. The
valuations will be used only for period end reporting and should then be reversed. What
account does the system use to post the valuation differences?
- Adjustment account for foreign currency

You are 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 a simple document?
 - Number range and document types must be maintained.
- Posting period variant must be created and assigned.

Which of the following is a technical year end closing activity in SAP S/4HANA :
- Foreign currency valuation must be posted
- Or Ledger balances must be carried forward :’(

How does the system perform the normal reversal of a journal entry:
- It creates an inverse posting by increasing the transaction figures
“Normal reversal posting, system post the incorrect debit as credit and incorrect credit as a
debit. This reversal cause additional increase in the transaction figure.”
“Negative posting also post the incorrect debit as credit and incorrect credit as a debit. But
transaction figure will not increase. i.e reverse posted figure subtracted from transaction
figure.”

Which of the following statements are valid for financial document number ranges?
There are 3 correct answers to this question.
For sure :

- The same financial document number range can be assigned to several types of documents.
- The financial document number ranges are defined at the company code level.
- Financial document number ranges must be defined for the year in which they are
used

Then: ???????? Financial document number ranges defined at the client level should
NOT be superimposed??????

What archiving step must precede archiving a supplier invoice posted directly
to FI?
- Archive FI transaction figures

What are prerequisites for the 3-way match to work in procurement

transactions?
- Goods receipt posted in reference to the purchase order
- Invoice receipt posted in reference to the purchase order
In your SAP S/4HANA system, you want to archive the G/L accounts that are not used
by the business in any company code. What are prerequisites to archiving all data of a
G/L account?
- Set the deletion flag in the company code data of the G/L account.
- Set the deletion flag in the chart of accounts data of the G/L account
- There are no transaction figures for the account.
How can you create an asset under construction?
- Automatically when settling capex costs from an internal order
- Automatically when settling capex costs from a WBS element

How does an automatic intercompany asset transfer work?

- It assumes that the transfer happens between two independent legal
entities

How does the system determine the correspondence type of a payment

notice?
- According to the reason code, as long as all tolerance groups carry the
same correspondence type

To use the SAP Financial Closing cockpit, which steps are required?
- Release the task list
- Create task groups
- Create a template

How can you define a matching method for intercompany reconciliation?

- It must be defined as configuration

Which of the following statements best describes how customer down

payments are integrated with SD?
- A down payment request is created as an FI noted item, which
automatically generates as an SD billing document.

You need to post customer invoices via interface from a non-SAP system
You want to define a new document type with a specific document number
range that matches the document numbers of the source system. How do
you define the document number range?
- You must use external number assignment

Which of the following should you consider when defining asset number
ranges?
- Asset number ranges are defined for asset classes and are company code
specific
- Each asset class can have either an internal or external number range

What dunning-related data do you maintain on the business partner

master record?
- Dunning area
 - Dunning key
- There is also dunning procedure, dunning recipient, dunning level,
dunning clerk

What is shared between all deployment options for SAP S/4HANA (Cloud,
On-Premises)?
- User experience
- Code line
- Data model

A general ledger account is defined with the account type Nonoperating

expense or income. Where can this account be used?
- Profit and loss account that is used in overhead management accounting

Which information is part of the Bank Master Data?

- Address details
- Control data

You’d like to set up low value asset (LVA) management. What do you need
to do?
- Define two separate asset classes to manage LVA using individual or
collective management

You post a purchase order. For which expenses does the system calculate
accruals?
- Insurance premiums
- Consulting services

Which of the following closing activities is a so called technical closing step?

- Close the previous period in Materials Management (MM)

How can you ensure that users use the new tax codes when entering tax
relevant documents starting next year?
- Create a validation that issues an error when the user uses a deprecated
VAT code when entering documents with a posting date in the new year.

For which account can you perform account clearing in SAP S/4HANA?
- For any account that is managed on an open item basis

which characteristic maps the business partner to the customer and

supplier account groups????
what are key reasons for preferring a new implementation of sap s/4hana
rather??

Which of the following statements are correct?

- It is possible to design multilevel workflow sequences.
- The same workflow variant can be assigned to several company
codes.

You create a new G/L account. Which G/L account type can you assign?
- Primary Costs or Revenue
- Secondary Costs

What must you do to create new validations and substitutions?

- Select the relevant call-up point

- Define the area of application

The SAP Business Workflow Four process dimensions.

Which of the following parameters are controlled by the screen layout?

- Field selection

- Maintenance level

- Reference