SAP SAP Certifications P_S4FIN_1709 Questions & Answers

• Question 21:

  Which functions are included in Basic Cash Management for SAP S/4HANA?

  Note: There are 3 correct answers to this question.

  Response:

  A. Rolling liquidity planning

  B. Workflow approval processing

  C. Check deposit management

  D. Memo record management

  E. Electronic bank statement processing

  Correct Answer: BDE

• Question 22:

  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. Operating concern currency must be determined.

  B. Characteristic values and characteristic groups must be maintained

  C. Cost elements must be mapped to cost components

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

  Correct Answer: CD

• Question 23:

  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 24:

  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 25:

  Your customer's company code is assigned to a chart of depreciation with three depredation areas that post in real time. Last year, your customer acquired an asset that was only capitatized In two of the depredation areas this year you post an integrated asset sale to a customer for this asset.

  How many documents are generated during the sale posting?

  Response:

  A. 2

  B. 3

  C. 4

  D. 5

  Correct Answer: B

• Question 26:

  Why is it necessary to migrate balances for FI and CO?

  Please choose the correct answer.

  Response:

  A. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account

  B. Because the system displays an error if the sum of aggregated line items differs from the balance

  C. Because all balances from the past years are stored in the universal journal

  D. Because a delta between all line items and the balance of every account will be updated in the universal journal

  Correct Answer: D

• Question 27:

  You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the

  data posted to these company codes is no longer legally equied.

  How do you handle these company codes?

  Response:

  A. Migrate all company codes of the client.

  B. Migrate all company codes you selected in customizing.

  C. Archive all data from unused company codes.

  D. Migrate all company codes flagged as productive.

  Correct Answer: A

• Question 28:

  For which parameters can you define the minimum life to maintain documents in financial accounting for

  data aging?

  Note: There are 2 correct answers to this question.

  Response:

  A. Document type

  B. Document number

  C. Ledger group

  D. Account type

  Correct Answer: AD

• Question 29:

  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 migration is NOT set to complete.

  B. The client role is set to test in the client maintenance.

  C. This is a new feature in SAP S/4HANA as proof of change.

  D. The authorization to save the posting periods is missing.

  Correct Answer: B

• Question 30:

  A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the administrator unlock this user?

  Response:

  A. SAP Fiori launchpad designer

  B. Front-end SAP Gateway server

  C. SAP Smart Business

  D. SAP S/4HANA back end

  Correct Answer: B