SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts - P-S4FIN-2020 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

You want to set up a multi-level gross margin report in profitability analysis (CO-PA). What do you customize to reopen the fixed and variable values separately? 2 correct questions

A. Account-based CO-PA:assign different accounts(assignment of different accounts is necessary) B. Costing-based CO-PA: no specific customizing is necessary C. Account-based CO-PA: no specific customizing is necessary D. Costing-based CO-PA: assign different value fields (assignment of different value fields in necessary)

Discussion 0

Correct Answer: A,D Vote an answer

Question 2

An asset is being acquired through integration with procurement. How is the asset aquisition value posted?

A. Non-Valuated acquisition is posted at goods receipt B. Valuated acquisition is posted at invoice receipt C. Non-Valuated acquisition is posted at invoice receipt D. Valuated acquisition is posted at settlement

Discussion 0

Correct Answer: C Vote an answer

Question 3

You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?

A. Define a valuation area and ledger group for two ledgers to link with the new valuation area. B. Define a valuation area and extension ledger to link with the new valuation area C. Define two valuation methods and assign the accounting principles to the new valuation method D. Define two valuation areas and two accounting principles with relevant links to ledgers

Discussion 0

Correct Answer: D Vote an answer

Question 4

Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion. What settings must be made to ensure this?

A. Use external number ranges in the BP groupings for the conversion and switch to internal afterward B. Use external number ranges in the customer and supplier account groups for the conversion and switch to internal afterward C. Use internal number ranges in the customer and supplier account groups for the conversion and switch to external afterward D. Use internal number ranges in the BP groupings for the conversion and switch to external afterward

Discussion 0

Correct Answer: B Vote an answer

Question 5

What are the key components of the intelligent enterprise by SAP? There are 3 correct answers to this question

A. Intelligent Technologies B. Intelligent Suite C. Hybrid cloud D. Seamless integration E. Digital Platform

Discussion 0

Correct Answer: A,B,E Vote an answer

Question 6

What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?

A. Fuller integration to external systems B. Cloud platform compatibility C. Support for all industries D. Faster innovation cycles

Discussion 0

Correct Answer: D Vote an answer

Question 7

Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required?
There are 2 correct answer to this question.

A. Assign accounting principle to all real and derived depreciation areas B. Configure delta depreciation areas to no longer post to the General ledger C. Convert accounts of parallel valuations to asset reconciliation accounts D. Define the document type for the accounting-principle-specific-documents

Discussion 0

Correct Answer: A,C Vote an answer

Question 8

You post a payment to a supplier invoice. In the universal journal table, you see more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? There are 2 correct answer to this question.

A. Zero balance Indicator for profit center B. An additional accounting principle C. An extension ledger D. A non-leading ledger

Discussion 0

Correct Answer: B,C Vote an answer

Question 9

What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question

A. Incoming sales orders B. Actual cost component splits of goods sold C. Actual revenue D. Standard cost of goods sold

Discussion 0

Correct Answer: B,C Vote an answer