Identify the fields that cannot be changed while changing parked documents. There are 3 correct answers to this question.
Company code
Account assignment objects
Document type or document number
Currency
You want to configure the tax calculation procedures. What are the main elements you need to define? There are 3 correct answers to this question
Condition type
Tax code
Country key
Sequence of steps
Account or transaction key
For general ledger account posting, which one of the following standard posting keys is for debit? Please choose the correct answer.
01
40
50
31
Which is the first step in the procedure of making down payments in the customer area? Please choose the correct answer.
Down payment received
Clearing
Customer invoice
Down payment request
Which data do you define on the bank master record? Note: There are 2 correct answers to this question.
Payment and dunning information
A unique bank country
Address data and control data
Corresponding business area
What type of architecture does SAP Business Workflow use? Please choose the correct answer.
Two-tier
Three-tier
Single-tier
Four-tier
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? There are 2 correct answers to this question.
Check to see if the goods were ordered by the key date, but have not been received.
Check to see if the goods were delivered by the key date, but have not yet been invoiced.
Check to see if the goods were produced by the key date, but have not been invoiced.
Check to see if the goods were invoiced by the key date, but have not yet been delivered.
Which of the following retirement types is referred to as scrapping?
Partial retirement without revenue and without customer
Unplanned depreciation of remaining value
Complete integrated asset retirement
Complete retirement with revenue but without customer
In the integrated scenario for down payments, in what step of the process do you enter the down payment information?
Down payment monitoring
Purchase order creation
Goods receipt creation
Invoice verification
You want to make the Reference Document Number field required for entry. Which object controls this setting? Please choose the correct answer.
Document type
Document field status
Document posting key
Document reference key
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? There are 3 correct answers to this question.
Document date
Goods receipt date
Entry date
Value date
Posting date
How can you perform transfers of assets between company codes with different charts of depreciation? Please choose the correct answer.
Assign the group chart of depreciation to the relevant fixed assets.
Enter depreciation area mapping during intercompany transfer posting.
Correct depreciation area assignment in the asset master record after posting.
Configure the cross-company depreciation areas in customizing.
Which of the following lists support the dunning clerk’s work? There are 3 correct answers to this question.
The dunning list
The list of vendor balances in local currency
The dunning history list
The blocked accounts list
What is the order of configuration within the SAP Financial Closing cockpit? Please choose the correct answer
Create template, create tasks, define dependencies, create task list, release task list
Create template, create task list, create tasks, define dependencies, release task list
Define dependencies, create template, create tasks, create task list, release task list
Create task list, release task list, define dependencies, create template, create tasks
Identify the callup points that have been provided for Financial Accounting (FI). There are 3 correct answers to this question.
Controlling area
Document line
Document header
Complete Document
Organizational unit
What must you do when you set up depreciation areas?
Define the relevant asset classes for each depreciation area
Assign leading depreciation area 01 to leading ledger OL.
Assign an accounting principle for each depreciation area.
Define the valid depreciation keys for each depredation area.
Which of the following product lines does the SAP S/4HANA system rely on for most human resource management functions? Please choose the correct answer
Concur
SAP Ariba
SAP SuccessFactors
SAP Hybris
On which level are asset classes created?
Client
Depreciation area
Chart of depreciation
You need to perform mid-year legacy system migration for assets in a new company code. Which data must you migrate? Note; There are 3 correct answers to this question.
Closed year asset sale transactions
Current year posted depreciation
Current year asset acquisition transactions
Fully depreciated fixed asset master records
Accumulated depreciation per cost center
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 liabilities side
50 is shown on the liabilities side and 80 is shown on the assets side.
The balance is shown on the assets side.
0 is shown on the assets side and 30 is shown on the liabilities side.
After you collect data in the Intercompany Reconciliation tool, what are the next steps of the reconciliation process? Please choose the correct answer.
1. Store the data 2. Present reconciled and non-reconciled data 3. Communicate differences. 4. Post the correction documents.
1. Post the correction documents. 2. Store the data. 3. Present reconciled and non-reconciled data. 4. Communicate differences.
1. Store the data. 2. Present reconciled and non-reconciled data. 3. Post the correction documents. 4. Communicate differences.
1. Present reconciled and non-reconciled data 2. Post the correction documents 3. Store the data. 4. Communicate differences
What does the document splitting do? Please choose the correct answer.
It enriches all revenue account lines with the defined splitting characteristics.
It enriches all profit and loss account lines with the defined splitting characteristics.
It enriches all relevant balance sheet account lines with the defined splitting characteristics.
It enriches all secondary cost element account lines with the defined splitting characteristics.
Which edition of SAP S/4HANA introduced the universal journal? Please choose the correct answer
SAP Business Suite powered by SAP HANA
SAP S/4HANA Finance 1503
SAP S/4HANA 1511
SAP S/4HANA Cloud
What checks does the year-end closing program (RAJABSOO) perform? There are 2 correct answers to this question.
Last fiscal year has been updated.
Depreciation and asset balances are posted in full.
Assets are complete and error-free
Depreciation lists and the asset history sheet have been checked.
What are the two phases of AuC that are relevant to Asset Accounting? There are 2 correct answers to this question
Under-construction phase
Useful life phase
Accounting phase
Assets transfer phase
For which type of account is the line item display generally active? Please choose the correct answer.
Customer account
Special general ledger account
Reconciliation account
Vendor account
Which of the following are standard correspondence types? Note: There are 3 correct answers to this question.
Payment notice
Document journal
Payment proposal
Account statement
Open items list
What are some of the personalization options available to users in their SAP Fiori launchpad environment? There are 3 correct answers to this question.
Users can add applications for filtered report results.
Users can add new devices from the catalog assigned to them.
Users can remove devices that they do NOT use.
Users can add applications from the catalog assigned to them
Users can remove applications that they do NOT use.
You have been asked to set up house banks as part of the implementation. What information do you need? There are 3 correct answers to this question
Bank master data
Supplier account
Payment method
General ledger account
Which of the following information is entered in the chart of accounts segment of a G/L account? There are 3 correct answers to this question.
Control fields
Currency fields
Consolidation fields
Account number
The SAP HANA database relies on which of the following technologies for storing data? There are three correct answers
In-memory
Indexing
Aggregation
Compression
Columnar store
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? There are 2 correct answers to this question.
Posting period variant must be created and assigned.
Line item text templates must be maintained.
Number range and document types must be maintained.
Tax types and tax codes must be maintained.
How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (FI) and Controlling (CO)?
2
3
12
16
What do you define in payment terms? Note: There are 2 correct answers to this question.
Cash discount
Tolerance days
Due date specification
Posting key
What kind of customization can users do on their launchpad? There are 2 correct answers to this question.
Change the icons on tiles
Change the names of tiles.
Create their own tile groups.
Change the name of tile groups
What do you define when you create a new document type? Note: There are 2 correct answers to this question.
Posting keys for the document type
Account types allowed for posting
Reasons for reversal
Number range for the document type
Which General Ledger account type do you select to perform activity cost allocations?
Primary costs or revenue
Secondary costs
Non-operating expense or income
Balance sheet
What are the characteristics of a company in SAP S/4HANA? There are 2 correct answers to this question.
It represents separate areas of operation within an organization.
It is considered for consolidation.
It is responsible for costs and revenues within an organization.
It can be assigned to a company code.
Which activities are supported by the regrouping program of receivables and payables? Note: There are 2 correct answers to this question.
Regrouping and clearing open items for affiliated companies on customers and vendors
Grouping receivables and payables by their remaining life
Regrouping open items based on changed reconciliation accounts
Regrouping of receivables and payables to accrual earnings or expense
Which of the following parameters can be changed on a timedependent basis? There are 3 correct answers to this question.
Variable depreciation portion
Depreciation start date
Useful life (year or period)
Depreciation key
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA?
SAP S/4HANA Finance
SAP S/4HANA on-premise
SAP S/4HANA with Central Finance
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? Please choose the correct answer.
You can only post to the account in CAD, USD, and EUR.
You can only post to the account in CAD.
You can only post to the account in USD.
You can only post to the account in CAD and USD.
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? Please choose the correct answer
Define general ledger accounts per each category of legacy asset
Copy the chart of depreciation and maintain depreciation areas.
Define asset classes and maintain their attributes.
Configure depreciation keys and calculation keys
Identify the application areas where validations and substitutions can be used. There are 3 correct answers to this question.
AA – Asset Accounting
SD – Sales and Distribution
CO – Cost Accounting
FI – Financial Accounting
How can you post accruals? Note: There are 3 correct answers to this question.
Run the depreciation program.
Use the recurring entry program.
Reclassify the receivables and payables.
Execute the periodic accrual run
Post manually at the end of a period, quarter, or year.
What do you define in Customizing for the payment program? Note: There are 3 correct answers to this question.
Exchange rate type
Bank determination
Forms for the payment media
Payment run ID
Allowed currencies
You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight? There are 2 correct answers to this question.
It is impossible to use assets under construction with Investment Management.
It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction.
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.
In Asset Accounting, which object do you use to handle separate valuation for parallel accounting?
Valuation area
Which data model is used for SAP S/4HANA?
Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP)for Cloud deployments.
Online analytical processing (OLAP) that is based on aggregated tables and indexes.
Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables.
Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system.
It is common for companies to receive invoices for the previous fiscal year at the beginning of the new fiscal year. Which dates must have the same fiscal year in the document entry?
Posting date and entry date.
Document date and posting date.
Document date and asset value date
Posting date and asset value date
Within the line items of Fl documents, what does the posting key control? Note: There are 3 correct answers to this question.
The account type to which the line item can be posted
Whether the item is posted as a debit or credit
Whether the item is posted with reference to primary or secondary cost element
The field status of additional details
The account group to which the line item can be posted
What dunning-related data do you maintain on the business partner master record?
Dunning block
Dunning interval
Dunning procedure
Dunning key
Dunning area
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? Please choose the correct answer
4
1
5
What items are NOT cleared by the automatic clearing program? There are 3 correct answers to this question
Statistical postings
Items with withholding tax
Items with value added tax
Items with sales and use tax
Noted items
What is the first step in the reconciliation process? Please choose the correct answer.
Communicate differences
Present reconciled and non-reconciled data
Collect data from different companies
Identify some of the fields related to the depreciation area in the asset master record. There are 3 correct answers to this question.
Asset description
Useful life
Depreciation start
Scrap value
Which of the following parameters are controlled by the screen layout? There are 3 correct answers to this question
Maintenance level
Reference
Field selection
Number range
How many cash discount periods can be entered in the terms of payment? Please choose the correct answer.
8
How does the system behave when an invoice is processed as a residual payment?
The payment difference is posted to a different account
The original document and payment are cleared.
The payment difference is written off
All documents remain in the account as open items
In stock valuation, which of the following groups of stocks are valuated? There are 3 correct answers to this question.
Finished goods
Raw materials, supplies, and consumables
Goods invoiced
Work in process
Which elements define the integration of asset acquisitions to the general ledger? There are 2 correct answers to this question
Depreciation keys
Asset class
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? Please choose the correct answer.
The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation.
The balance of the new account is added to the non-assigned section and is included in the calculation.
The balance of the new account is added to the notes in the financial statement item section and is included in the calculation.
The balance of the new account is added to the non-assigned section and is excluded from the calculation.
In which application areas can you use validation? Note: There are 2 correct answers to this question.
Cost Accounting
Asset Accounting
Materials Management
Profit Center Accounting
When you post a payment for an invoice, how does the system derive the splitting characteristics?
Active document splitting
Default assignment
Passive document splitting
Inheritance
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? Please choose the correct answer
Assign the corresponding SAP Fiori tile catalog to the user
Add the tile to a tile group already assigned to the user
Assign the corresponding SAP Fiori tile group to the user.
Add the corresponding tile catalog to the tile group
Which of the following are posted in the program FAA_DEPRECIATION_POST? There are 3 correct answers to this question.
Unplanned depreciation or other manually planned depreciation
Ordinary depreciation such as book depreciation or imputed depreciation
Parallel APC values
Imputed interest
What are the results when you post an outgoing partial payment? Note_ There are 2 correct answers to this question.
The initial invoice remains open.
The initial invoice is cleared.
A payment is created with reference to the invoice.
A payment block is set on the invoice.
Which business partner categories are available to manage relationships? Note: There are 2 correct answers to this question.
Customer
Person
Bank
Organization
The SAP Business Workflow________process dimensions. Please choose the correct answer.
Five
Three
Two
Four
True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it.
What is the maximum dunning level that can be assigned to a dunning procedure?
9
7
11
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? Please choose the correct answer
Business Area
Cost Center
Segment
Functional Area
The usage of which of the following depreciation types can be activated per depreciation area? There are 3 correct answers to this question.
Special depreciation
Ordinary depreciation
Unplanned depreciation
Scheduled depreciation
What do you configure to allow cross-company-code transactions? Note- There are 2 correct answers to this question.
Clearing accounts
Account types
Special G/L indicator
Posting keys
Which fields can you edit before posting a parked document? Note: There are 3 correct answers to this question.
Amount
Account
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? Please choose the correct answer.
Define a valuation area and extension ledger to link with the new valuation area.
Define two valuation methods and assign the accounting principles to the new valuation methods.
Define a valuation area and ledger group for two ledgers to link with the new valuation area.
Define two valuation areas and two accounting principles with relevant links to ledgers.
At what level is the bank master data stored in SAP S/4HANA? Please choose the correct answer
At company level
At controlling area level
At client level
At company code level
In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?
Sales deductions in assets item Material expenses in loss item
Sales deductions in loss item Material expenses in loss item
Sales deductions in liabilities item material expenses in loss item
Sales deductions in loss item Material expenses in liabilities item
Which functions allow you to temporarily save the entered data? There are 2 correct answers to this question.
Save function
Hold function
Parking function
Insert function
