SAP SAP Certifications P_S4FIN_1709 Questions & Answers

• Question 31:

  The classic Asset Accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new Asset Accounting using an accounts approach in SAP S/4HANA?

  Response:

  A. There is no need to use such offset accounts anymore because of real-time postings.

  B. The extra offset account is obsolete and will be replaced by the technical clearing account.

  C. The accounts approach must be replaced because the ledger approach is the only valid option

  D. The extra offset account has to be used as in the classic Asset Accounting.

  Correct Answer: B

• Question 32:

  Which of the following are phases in SAP Activate? Note: There are 3 correct answers to this question. Response:

  A. Blueprint

  B. Realize

  C. Deploy

  D. Test

  E. Explore

  Correct Answer: BCE

• Question 33:

  You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?

  Response:

  A. Valuation using material cost estimate in account-based CO-PA

  B. The new refinement for cost of goods sold postings in account-based CO-PA

  C. Valuation using material cost estimate in costing-based CO-PA and account-based- COPA

  D. Valuation using material cost estimate in costing-based CO-PA

  Correct Answer: B

• Question 34:

  For which account assignments can you perform realignment in the universal journal?

  Note: There are 2 correct answers to this question.

  Response:

  A. Profit center

  B. Functional area

  C. Sales region

  D. Customer group

  Correct Answer: CD

• Question 35:

  Your company code is configured with three depreciation areas that post in real time The company is

  configured to update company code and group currency types.

  How many documents are posted when you post a partial scrapping for a single depreciation area?

  Response:

  A. 1

  B. 2

  C. 3

  D. 4

  Correct Answer: A

• Question 36:

  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.

  Response:

  A. Classic profit center accounting.

  B. General ledger accounting

  C. Account-based CO-PA

  D. Costing-based CO-PA

  Correct Answer: BD

• Question 37:

  Which actions will dose a dispute case created for a short payment?

  Note: There are 2 correct answers to this question.

  Response:

  A. Running the automatic write-off program.

  B. Posting a credit memo for only cash discount amount.

  C. Running the auto-confirm dispute case program.

  D. Receiving a payment for the open amount.

  Correct Answer: AD

• Question 38:

  You have integrated SAP Cash Application on the SAP Cloud Platform with your SAP S/4HANA system. Which process does SAP Cash Application help you with?

  Response:

  A. Bank statement processing

  B. Cash journal logging

  C. Monitoring bank risk

  D. Cash flow reporting

  Correct Answer: A

• Question 39:

  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 40:

  The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and

  B Extension ledger C with Standard ledger A as.

  Which ledgers are listed in the universal journal entry line items after you enter an incoming ivocie?

  Response:

  A. Standard ledger A Extension ledger C

  B. Standard ledger A Standard ledger B

  C. Standard ledger A Standard ledger B Extension ledger C

  D. Standard ledger B Extension ledger C

  Correct Answer: B