P-S4FIN-1610 by SAP Actual Free Exam Questions And Answers

Question 1

You need to create a new user-defined characteristic in account based CO-PA and must ensure that is part of the universal journal entry.
Which actions do you have to perform?
Note: There are 2 correct answers to this question.
Response:

A. Activate the CO-PA append structure in ACDOCA.

B. Maintain the proper derivation rules in transaction KEDR.

C. Create the user-defined characteristic and add it to the operating concern.

D. Generate the operating concern.

Discussion 0

Correct Answer: C,D Vote an answer

Question 2

Your customer uses SAP ERP on any database with EHP 8, classic G/L with accounts approach, and more than 10 years' worth of dat a. What can you do in separate projects before the SAP S/4HANA conversion to reduce the complexity of your conversion project?
Note: There are 2 correct answers to this question.
Response:

A. Launch customer-vendor integration for the business partner.

B. Adopt new Asset Accounting.

C. Create a backup.

D. Implement an archiving project.

Discussion 0

Correct Answer: C,D Vote an answer

Question 3

What open period is checked by the third interval of the Open Posting Periods variant in financial accounting?
Response:

A. Postings to special periods

B. Postings to FI Subledgers

C. Postings from CO to FI

D. Postings with a special authorization group

Discussion 0

Correct Answer: C Vote an answer

Question 4

How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA?
Note: There are 2 correct answers to this question.
Response:

A. Store your planned data in the ACDOCP table.

B. Use the in-built BPC data extractor and upload template.

C. Use a BW planning cube and a preconfigured content workbook.

D. Store your planned data in the ACDOCA table.

Discussion 0

Correct Answer: A,C Vote an answer

Question 5

Cost of goods sold (COGS) split functionality is available in account-based CO-PA.
Which settings are necessary?
Note: There are 2 correct answers to this question.
Response:

A. The corresponding cost elements must exist in the chart of accounts.

B. Operating concern currency must be determined.

C. Characteristic values and characteristic groups must be maintained

D. Cost elements must be mapped to cost components

Discussion 0

Correct Answer: A,D Vote an answer

Question 6

In which sequence do you create the objects required for the SAP financial closing cockpit?
Response:

A. 1. Create task group
2. Create task lists
3 Create tasks
4. Release task lists

B. 1. Create template
2. Create tasks
3. Create task lists
4. Release task lists

C. 1. Define task levels
2. Create task group
3. Release task levels
4. Release task group

D. 1. Define closing periods
2. Create task lists
3. Release task lists
4. Release closing periods

Discussion 0

Correct Answer: B Vote an answer

Question 7

You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA.
Why do you retract the plan data from SAP Business Planning and Consolidation for SAP SI4HANA and return it to the standard planning tables?
Note: There are 2 correct.
Response:

A. To perform availability

B. To use standard SAP GUI plan/actual reporting

C. To perform planning allocation

D. To prepare for financial consolidation

Discussion 0

Correct Answer: B,C Vote an answer

Question 8

You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but thise field is currently, NOT available.
What could be the reasons for this behavior?
Note: There are 2 correct answers to this question.
Response:

A. The G/L account is NOT a reconciliation account type for assets.

B. The G/L account is NOT maintained in the account determination for materials management.

C. The G/L account is NOT maintained in the account determination of fixed asset accounting.

D. The G/L account is NOT maintained in the account determination for real-time integration with CO.

Discussion 0

Correct Answer: B,C Vote an answer

Question 9

What are your options for activating actual costing during the productive startup of the material ledger in s/4HANA?
Response:

A. Actual costing is optional. If you do NOT activate it, you CANNOT activate it afterward.

B. Actual costing is obligatory and is activated by default for all valuation areas.

C. Actual costing is obligatory and is activated by default for selected valuation areas.

D. Actual costing is optional. If you do NOT activate it, you can activate it later.

Discussion 0

Correct Answer: D Vote an answer

SAP Certified Application Professional - Financials in SAP S/4HANA 1610 for SAP ERP Finance Experts - P-S4FIN-1610 Exam Practice Test

Contact Us

Useful Links

Latest Updated