SAP SAP Certifications P_S4FIN_1610 Questions & Answers

• Question 21:

  What are the features of the mufti-valuation ledger for parallel valuation methods in SAP S/4HANA?

  Note: There are 2 correct answers to this question.

  Response:

  A. It is available only for new installations.

  B. It will NOT have any valuation view assigned to the ledger.

  C. It requires a non-leading ledger for parallel valuations.

  D. It utilizes separate amount columns in the same ledger.

  Correct Answer: BD

• Question 22:

  Which modules need to be updated when you migrate to SAP S/4HANA?

  Note: There are 2 correct answers to this question.

  Response:

  A. Collections Management (FIN-FSCM-COL)

  B. Cash Management (FIN-FSCM-CLM)

  C. In-House Cash (FIN-FSCM-IHC)

  D. Credit Management (FI-AR-CR)

  Correct Answer: BD

• Question 23:

  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. Update G/L accounts for the new depreciation area for the chart of depreciation.

  B. Update the depredation key for the new depreciation area.

  C. Manually recalculate depreciation for the new depreciation area.

  D. Activate the new depreciation areas for asset classes under the chart of depreciation.

  E. Activate the new depreciation areas for the individual assets for the respective company codes.

  Correct Answer: ACD

• Question 24:

  Where do you assign the customer and vendor account groups when preparing for integration with the

  business partner (BP)?

  Note: There are 2 correct answers to this question.

  Response:

  A. BP grouping

  B. BP role

  C. BP category

  D. BP role group

  Correct Answer: AB

• Question 25:

  You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer

  posting to achieve this?

  Note: There are 2 correct answers to this question.

  Response:

  A. Depreciation area

  B. Accounting principle

  C. Transaction type

  D. Ledger group

  Correct Answer: BD

• Question 26:

  What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business

  Response:

  A. Sales area

  B. Credit control area

  C. Credit segment

  D. Company code

  Correct Answer: B

• Question 27:

  The customers and vendors balances of the previous year are carried forward to the new year, but you did NOT perform the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts

  receivable or accounts payable.

  Why do you NOT need to execute this program?

  Please choose the correct answer.

  Response:

  A. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error

  B. Because balance carryforward was performed automatically due to postings to the subledgers in the new year

  C. Because balance carryforward was performed for the leading ledger in general ledger

  D. Because balance carryforward was performed automatically when closing the previous year

  Correct Answer: C

• Question 28:

  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 prepare for financial consolidation

  C. To perform planning allocation

  D. To use standard SAP GUI plan/actual reporting

  Correct Answer: CD

• Question 29:

  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.

  Response:

  A. By running the monthly depreciation posting

  B. By running the periodic acquisition and production cost posting

  C. By entering manual corrective clearing transfer postings

  D. By maintaining the offset account in the asset account determination

  Correct Answer: D

• Question 30:

  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. Fill offsetting accounts in financial documents.

  D. Transfer archived documents into ACDOCA.

  Correct Answer: BC