SAP Certified Application Professional - Financials in SAP S/4HANA 1610 for SAP ERP Finance Experts - P_S4FIN_1610 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

Your customer upgraded a system to SAP S/4HANA for test reasons.
You receive feedback from the business department that while opening and closing posting periods, the systems asks for a customizing request.
What is the reason?
Please choose the correct answer.
Response:

A. The client role is set to test in the client maintenance. B. This is a new feature in SAP S/4HANA as proof of change. C. The authorization to save the posting periods is missing. D. The migration is NOT set to complete.

Discussion 0

Correct Answer: A Vote an answer

Question 2

You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation.
What are the critical steps for fixed assets?
Note: There are 3 correct answers to this question.
Response:

A. Manually recalculate depreciation for the new depreciation area. B. Activate the new depreciation areas for asset classes under the chart of depreciation. C. Update G/L accounts for the new depreciation area for the chart of depreciation. D. Update the depredation key for the new depreciation area. E. Activate the new depreciation areas for the individual assets for the respective company codes.

Discussion 0

Correct Answer: A,B,C Vote an answer

Question 3

Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables?
Note: There are 2 correct answers to this question.
Response:

A. ACDOCP is an isolated table. B. ACDOCP is a cluster table. C. ACDOCP derives data from ACDOCA. D. ACDOCP is a table with delta mechanism.

Discussion 0

Correct Answer: A,D Vote an answer

Question 4

What can you do in the extension ledgers configuration?
Please choose the correct answer.
Response:

A. You can manually create a new ledger group that contains an extension ledger. B. You can link an accounting principle to a ledger group that contains an extension ledger. C. You can assign a freely defined currency to an extension ledger. D. You can create an extension ledger for which the underlying ledger is an extension ledger.

Discussion 0

Correct Answer: B Vote an answer

Question 5

In your SAP S/4HANA system, ledger group L1 is assigned to a US GAAP accounting principle. You want to assign ledger group to the L1 to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values.
Which of the following limitations prevent you from making assignment?
Response:

A. The US GAAP values need to be reported in USG-but-the company code currency is defined as EUR. B. One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers. C. You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned. D. You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger.

Discussion 0

Correct Answer: C Vote an answer

Question 6

How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?
Response:

A. The data from previous years is archived. B. Optimized data compression is used to minimize the data volume. C. SQL database commands are used to accelerate the migration D. A clone of the productive system is used.

Discussion 0

Correct Answer: D Vote an answer

Question 7

In which of the following CO transactions is it NOT possible to enter a ledger goup?
Response:

A. Reposting of Revenues (KB41N) B. Reposting of Primary Costs (KB11N) C. Cost Allocation (KB15N) D. Activity Allocation (KB21N)

Discussion 0

Correct Answer: D Vote an answer

Question 8

What are possible post-migration activities for SAP S/4HANA migration projects?
Note: There are 2 correct answers to this question.
Response:

A. Update the open items through data aging. B. Calculate the net due date and discount due dates for open items C. Transfer archived documents into ACDOCA. D. Fill offsetting accounts in financial documents.

Discussion 0

Correct Answer: B,D Vote an answer

Question 9

What do you manage within cash operations of SAP Cash Management?
Note: There are 2 correct answers to this question.
Response:

A. Daily cash position, deficits, and surpluses B. Hedging and hedging contracts C. Bank risk analysis and risk mitigation D. Credit limits for customer accounts

Discussion 0

Correct Answer: A,C Vote an answer