SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) - P_S4FIN_1909 FREE EXAM DUMPS QUESTIONS & ANSWERS]

Question 1

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

Discussion 0

Correct Answer: B,D Vote an answer

Question 2

What restriction apply when a new currency is introduced for productive company codes and ledgers? There are 2 correct answer to this question.

A. Calculated values are NOT added to the ACDOCA. B. New currency fields are NOT updated for existing data. C. Reconciliation for entities in asset accounting is NOT included. D. Archived data CANNOT be enriched with the new currency.

Discussion 0

Correct Answer: C,D Vote an answer

Question 3

What data is migrated during system conversion? Please choose the correct answer.

A. Only company codes flagged as productive with all years B. All company codes with all data of all years. C. All company codes for the years you specify D. Only company codes and years selected in the customizing for migration

Discussion 0

Correct Answer: B Vote an answer

Question 4

You perform a direct activity allocation. Which database tables are updated? Note: There are 2 correct answers to this question.

A. COSS B. BSEG C. ACDOCA D. COBK

Discussion 0

Correct Answer: C,D Vote an answer

Question 5

What is One Exposure from Operations?

A. It is an ABAP report that shows the risk if the liquidity of the company will NOT meet short-term financial demands with the current business Operation. B. it is a standalone SAP NetWeaver system that handles Cash Operations integration. C. It is a central data storage location that integrates data from Treasury and Risk Management, Cash and Liquidity Management Contract Accounting, and Financial Operations. D. It is an SAP Fiori app that shows all the exposures of the company to foreign currency risk and interest risk.

Discussion 0

Correct Answer: C Vote an answer

Question 6

You extend the coding block in the universal journal with a custom field. Which components can use this new field without requiring further customization? Note: There are 2 correct answers to this question.

A. Account-based CO-PA B. Classic profit center accounting. C. Costing-based CO-PA D. General ledger accounting

Discussion 0

Correct Answer: C,D Vote an answer

Question 7

In which of the possible scenarios can you indicate that an account is also a statistical cost elements? There are
2 correct answer to this question.

A. It is used as balance sheet account in fixed asset accounting. B. It is used as a work in process (WIP) inventory account in the material account assignment. C. It is used as special reserve balance account in fixed asset accounting. D. It is used as inventory account in the material account assignment.

Discussion 0

Correct Answer: A,B Vote an answer

Question 8

How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation? Please choose the correct answer.

A. By entering manual corrective clearing transfer postings B. By running the periodic acquisition and production cost posting C. By running the monthly depreciation posting D. By maintaining the offset account in the asset account determination

Discussion 0

Correct Answer: D Vote an answer

Question 9

You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question.

A. Cost component split (COGS) can be configured in financial accounting B. Historical data will be enriched with characteristics by derivation C. Value fields will be added to the universal journal. D. Characteristics will be added to the universal journal. E. Cost-based CO-PA can still be used in parallel.

Discussion 0

Correct Answer: A,D,E Vote an answer

Question 10

You are performing a legacy asset data transfer in your SAP S/4HANA system. Your fiscal year end date is December 31.2017 and your asset transfer date is February 26 2018.Which of the following values do you need to provide during legacy asset transfer? Note: There are 3 correct answers to this question.

A. Revaluation value B. Ordinary depreciation values C. Unplanned depredation values D. Accumulated depreciation values E. Acquisition and production costs

Discussion 0

Correct Answer: B,D,E Vote an answer

Question 11

Which values can be posted to a specific ledger? There are 3 correct answer to this question.

A. Accruals B. Taxes C. Depreciation D. Payments E. Currency valuation

Discussion 0

Correct Answer: A,C,D Vote an answer