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
Which of the following steps do you typically perform when executing the payment run with the automatic payment program? There are 2 correct answers to this question.
Maintain open item selection parameters.
Rank bank accounts for payment.
Review the payment proposal exception list.
Define maximum amounts to be paid per supplier.
On which database is SAP S/4HANA built to run? Please choose the correct answer.
On all databases that support columnar data storage
On all modern enterprise level databases
On a select list of SAP and third-party databases
Only on SAP HANA
Financial statement versions consist of a maximum of 10 hierarchy levels. Determine whether this statement is true or false.
Which of the following are standard correspondence types? Note: There are 3 correct answers to this question.
Account statement
Payment notice
Document journal
Open items list
Payment 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?
3
4
6
1
What items are NOT cleared by the automatic clearing program? There are 3 correct answers to this question
Items with value added tax
Items with withholding tax
Items with sales and use tax
Statistical postings
Noted items
On which levels can you maintain field status controls for business partners (BP)? There are 3 correct answers to this question
BP category
BP role
BP type
Client
Company code
How does the system behave when an invoice is processed as a residual payment?
The payment difference is written off.
The original document and payment are cleared.
All documents remain in the account as open items.
The payment difference is posted to a different account
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system? There are 3 correct answers to this question
Add required authorizations for data aging to your role.
Define the logical file path as a global path for data aging
Activate data aging for your company code
Switch on the data aging business function
Activate aging on SAP HANA.
You are a group cash manager interested in the North American business market. What are the personalization options available to you in SAP Fiori? There are 2 correct answers to this question.
You can create an app to take you directly to the cash position of the North American business market.
You can adapt the Iaunchpad color theme according to predefined values for the cash report.
You can create a tile group with all the apps required for your daily business for easy access.
You can create access to relevant apps for the North American accounts payable group that reports to you.
Which is the first step in the procedure of making down payments in the customer area? Please choose the correct answer
Customer invoice
Clearing
Down payment request
Down payment received
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? Please choose the correct answer.
Cost of sales accounting
Complete document
Document header
Document line
Which data model is used for SAP S/4HANA?
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.
Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP)for Cloud deployments.
Which of the following statements apply to the special general ledger types of noted items? There are 3 correct answers to this question.
No zero-balance check is made in the system.
Noted items are posted to an alternative reconciliation account.
No special general ledger indicators of your own can be created of this type.
The account for the offsetting entry is selected automatically
No postings are made on an offsetting account.
Identify the application areas where validations and substitutions can be used. There are 3 correct answers to this question
CO – Cost Accounting
AA – Asset Accounting
FI – Financial Accounting
SD – Sales and Distribution
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? Note: There are 2 correct answers to this question
Account determination key
Depreciation area
Asset class
Financial statement version
What do you define in Customizing for the payment program? Note: There are 3 correct answers to this question.
Exchange rate type
Forms for the payment media
Payment run ID
Bank determination
Allowed currencies
Which business partner categories are available to manage relationships? Note: There are 2 correct answers to this question
Bank
Organization
Person
Customer
What does the year-end closing program in Asset Accounting do? Note: There are 3 correct answers to this question.
It settles all assets under construction with values and maintained settlement rules.
It checks whether the depreciation is posted completely for the fiscal year.
It indicates if any of the created asset master records contain errors or are incomplete.
It posts all remaining depredation and imputed interest
It blocks all postings to Asset Accounting for the closed fiscal years.
Which field status has the lowest priority (G/L accounts)? Please choose the correct answer.
Optional entry
Hide
Display
Required entry
Identify some of the fields related to the depreciation area in the asset master record.
Asset description
Scrap value
Depreciation start
Useful life
SAP HANA makes extensive use of which high-speed hardware technology to offer more speed? Please choose the correct answer.
Graphic Processing Units (GPUs)
Multicore CPUs
Read-only memory
Solid-State Drives (SSDs)
You want to post journal entries in a special period. Which conditions must be met? There are 2 correct answers to this question
You must have specific authorization to post in special periods
The balance carry-forward to the new fiscal year must have taken place.
The special period must be open for posting in the period control.
You must enter a posting date in the last posting period
What are the pillars of the SAP Fiori user experience paradigm? There are 3 correct answers to this question.
Vibrant
User-based
Responsive
Role-based
SIimple
Which General Ledger account type do you select to perform activity cost allocations?
Non-operating expense or income
Balance sheet
Primary costs or revenue
Secondary costs
What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing
Required
Optional
A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose?
The one in the first line item
The one assigned to the tolerance group
The one in the line item with the largest amount
The system prompts for the user to assign one
Which tasks are stages of dunning execution? Note: There are 2 correct answers to this question.
Maintain the dunning levels
Schedule the dunning intervals
Maintain the dunning parameters
Schedule the dunning run.
At what level is the bank master data stored in SAP S/4HANA? Please choose the correct answer
At client level
At controlling area level
At company code level
At company level
Which of the following objects are relevant to the dunning program configuration? There are 3 correct answers to this question.
Dunning levels
Expenses or charges
Minimum amounts
Bank selection
What are the characteristics of a company in SAP S/4HANA? There are 2 correct answers to this question.
It is responsible for costs and revenues within an organization.
It is considered for consolidation.
It represents separate areas of operation within an organization.
It can be assigned to a company code.
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 included in 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 non-assigned section and is excluded from the calculation.
The balance of the new account is added to the notes in the financial statement item section and is excluded from the calculation.
Which of the following has to be created and assigned to an organizational structure before the Financial Closing Cockpit can be used? Please choose the correct answer.
Task list template
Subfolders
Programs
Flow definitions
Which of the following are the different history sheet groups that each version of asset history sheets can contain? There are 3 correct answers to this question.
Imputed interest
Acquisitions
Reposting
Book values at the end of the fiscal year
Which reporting tools are available with SAP S/4HANA embedded analytics? Note: There are 2 correct answers to this question
SAP Analytics Cloud
Query Browser
SAP Analysis for Microsoft Office
KPI modelling apps
Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA?
SAP S/4HANA on-premise
SAP S/4HANA Finance
SAP S/4HANA Cloud
SAP S/4HANA with Central Finance
Which of the following are the characteristics included in general ledger drilldown reports? There are 3 correct answers to this question.
Total debit balance
Business area
Segment
How do you identify an asset as an asset under construction? Please choose the correct answer.
The ordinary depreciation start date is empty.
The asset is assigned to NO depreciation area.
The asset capitalization date is empty
The asset belongs to a specific asset class.
Which SAP Fiori app type provides essential information about system master data and offers links for navigating between related objects?
Fact sheet
Configuration
Analytical
Transactional
Which edition of SAP S/4HANA introduced the universal journal?
SAP S/4HANA 1511
SAP S/4HANA Finance 1503
SAP Business Suite powered by SAP HANA
Where is the billing document created?
Accounting
Financial Accounting
Sales and Distribution
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 alternative payer and payee
The account link
The same payment method
The same bank details
Which activities are supported by the regrouping program of receivables and payables? Note: There are 2 correct answers to this question.
Regrouping open items based on changed reconciliation accounts
Grouping receivables and payables by their remaining life
Regrouping and clearing open items for affiliated companies on customers and ve
Regrouping of receivables and payables to accrual earnings or expense
Which of the following are SAP Fiori design principles? There are 2 correct answers to this question.
Rational
Routine
You are responsible for configuring document splitting. What are some of the key settings? There are 2 correct answers to this question
Document number range
Field status variant
Business transaction variant
Document type
Identify the fields that cannot be changed while changing parked documents. There are 3 correct answers to this question.
Document type or document number
Account assignment objects
Currency
Which steps are required to create a substitution in Financial Accounting? There are 3 correct answers to this question
Define the substitution rule with its different steps using the formula editor.
Choose the area of application GL.
Assign the substitution rule to the controlling area
Activate the substitution rule
Select the correct call-up point
What is the purpose of the chart of depreciation?
The chart of depreciation defines the asset classes for which you can create fixed assets.
The chart of depreciation is a reporting tool that structures your assets for hierarchical reporting.
The chart of depreciation facilitates country-specific legal valuation of fixed assets.
The chart of depreciation substitutes the operational chart of accounts in asset-related postings.
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.
Line item text templates must be maintained.
Number range and document types must be maintained
Posting period variant must be created and assigned.
Tax types and tax codes must be maintained
In a valuation method, which of the following is not a valuation approach for foreign currency valuation?
Lowest value principle
Revalue only
High rate of interest principle
Strict lowest value principle
Which of the following steps are parts of the process of configuring the payment program?
Configure the paying company codes
Configure the G/L account field status for document entry
Configure the payment methods for each company code
Configure the house banks
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?
Define asset classes and maintain their attributes
Copy the chart of depreciation and maintain depreciation areas
Configure depreciation keys and calculation keys
Define general ledger accounts per each category of legacy asset.
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.
General ledger account
Bank master data
Payment method
Supplier account
Which of the following activities does the system perform during the payment run? There are 3 correct answers to this question
The system clears open items
The system makes postings to the G/L and AP/AR subledgers
The system supplies the print programs with necessary data.
The system exports a list of documents to be paid
Which of the following is the first step in the variant principle? Please choose the correct answer.
Determine values for the variant
Define variant
Create multiple variants
Assign the variant to the objects
You need to use foreign currency valuation in the ledger solution. Which objects must you define in Customizing? Note: There are 3 correct answers to this question.
Valuation areas
Accounting principles
Account determinations
Value adjustment keys
Simulation extension ledger
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
Within the line items of Fl documents, what does the posting key control? Note: There are 3 correct answers to this question.
Whether the item is posted with reference to primary or secondary cost element
The account group to which the line item can be posted
The account type to which the line item can be posted
The field status of additional details
Whether the item is posted as a debit or credit
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
Assign the corresponding SAP Fiori tile group to the user
Add the tile to a tile group already assigned to the user.
Add the corresponding tile catalog to the tile group
You are configuring accrual types for the accrual engine. For which postings is account determination required? There are 2 correct answers to this question.
Periodic only
Opening and Closing Posting only
Closing Posting only
Opening Posting only
Which of the following fields can be changed in the document header? There are 2 correct answers to this question.
Document header text
Currency exchange rate
Document date
Reference number
In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?
Net book value
Capitalization date
Deprecation start date
Identify the reasons for archiving data. There are 3 correct answers to this question
Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups.
Lowering the effort involved in database administration.
Using data as a backup.
Improving response times and ensuring good response times.
When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management?
Creation of purchase order
Goods receipt
Invoice receipt
What are the results when you post an outgoing partial payment? Note_ There are 2 correct answers to this question.
A payment is created with reference to the invoice.
The initial invoice remains open
A payment block is set on the invoice.
The initial invoice is cleared.
Identify the steps performed during the general ledger closing operations for the fiscal year. There are 3 correct answers to this question
The balance carry forward program is run
Foreign currency documents are valuated.
Accruals are carried out.
Vendor invoices are posted.
For which of the following transactions can you use noted items? Please choose the correct answer.
Late payment
Customer payment
Vendor payment
What do you configure to allow cross-company-code transactions? Note- There are 2 correct answers to this question.
Clearing accounts
Special G/L indicator
Account types
Posting keys
True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it.
What do you need to do to configure a new exchange rate type in SAP S/4HANA? There are 2 correct answers to this question
Specify a purpose for the exchange rate type.
Maintain exchange rates daily
Set up the relationship between currencies using translation ratios
Specify the direct or indirect quotation.
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 delivered by the key date, but have not yet been invoiced.
Check to see if the goods were invoiced by the key date, but have not yet been delivered.
Check to see if the goods were ordered by the key date, but have not been received.
Check to see if the goods were produced by the key date, but have not been invoiced.
Data in the SAP HANA database is stored in which two ways? There are 2 correct answers to this question.
Column
Random
Vector
Row
What is the name of the leading ledger that SAP provides with the standard system? Please choose the correct answer
1L
2L
3L
0L
Which field can you change on a posted invoice? Please choose the correct answer
Tax code
Payment terms
Cost center
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 asset value date
Document date and asset value date
Posting date and entry date
Document date and posting date
For which type of account is the line item display generally active? Please choose the correct answer
Reconciliation account
Special general ledger account
Customer account
Vendor account
With the automatic clearing program, a user can clear open items for which of the following items? There are 2 correct answers to this question.
General ledger
Special general ledger indicator
Subledger accounts
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 two valuation methods and assign the accounting principles to the new valuation methods.
Define a valuation area and extension ledger to link with the new valuation area
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.
Which data do you define on the bank master record? Note: There are 2 correct answers to this question
Address data and control data
A unique bank country
Payment and dunning information
Corresponding business area
