P-S4FIN-2023 by SAP Actual Free Exam Questions And Answers

Question 1

You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA.What does this mean? Note: There are 3 correct answers to this question

A. Customer Vendor Integration can start.

B. Only critical error messages have been accepted.

C. All views are generated successfully.

D. All error messages have been accepted.

E. Customizing is consistent.

Discussion 0

Correct Answer: C,D,E Vote an answer

Question 2

What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

A. A chart of depreciation

B. An alternative depreciation area

C. An accounting principle

D. A ledger account determination key

Discussion 0

Correct Answer: B,C Vote an answer

Question 3

What is the maximum number of currency types that you can report on for a ledger?

A. 12

B. 8

C. 10

D. 3

Discussion 0

Correct Answer: C Vote an answer

Question 4

Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis?

A. Standard journal entries

B. Line items with technical numbers/ deletion possible

C. Line items with technical numbers/ no deletion possible

D. Journal entries for valuation differences

Discussion 0

Correct Answer: C Vote an answer

Question 5

Your customer currently uses classic G/L and asks what new functionalities can be implemented during an SAP standard conversion to SAP S/4HANA.What functionality can you activate?

A. Margin analysis

B. Document splitting

C. Additional standard ledger

D. Additional parallel currency

Discussion 0

Correct Answer: D Vote an answer

Question 6

What are some features of actual costing in SAP S/4HANA?Note: There are 2 correct answers to this question

A. Combined run for both standard and alternative valuations

B. Selection of activity prices of other CO-versions in the standard run

C. Reduced number of steps in the calculation cockpit

D. Simplified data structure with new table structure

Discussion 0

Correct Answer: C Vote an answer

Question 7

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 two valuation areas and two accounting principles with relevant links to ledgers.

B. Define a valuation area and an accounting principle with relevant links to ledgers.

C. Define two valuation methods and assign the accounting principles to the new valuation methods

D. Define a valuation area and ledger group for two ledgers to link with the new valuation area

Discussion 0

Correct Answer: A Vote an answer

Question 8

Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question.

A. Top down distribution in margin analysis

B. Stock material consumption on project

C. Internal activity allocation to sales order

D. FI posting of primary costs to production order

Discussion 0

Correct Answer: A,D Vote an answer

SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP - P-S4FIN-2023 Exam Practice Test

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