SAP SAP Certifications P_S4FIN_2021 Questions & Answers

• Question 51:

  A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this? (Choose two.)

  A. Define the G/L account as an asset reconciliation account.

  B. Enter value 90 in the cost element category field.

  C. Select the Record Account Assignment indicator.

  D. Set the G/L account type to Primary Costs or Revenue.

  Correct Answer: AC

• Question 52:

  Which transactions generate a prima nota entry in the system in addition to the universal journal entry? (Choose two.)

  A. Post time sheet data to Controlling (CAT7)

  B. Assessment cycle of cost centers (KSU5)

  C. Settlement of internal order (KO88)

  D. Post FI supplier invoice (FB60)

  Correct Answer: AD

• Question 53:

  In what system is it required to perform all system conversion steps to identify and solve conversion errors?

  A. Development

  B. Sandbox

  C. Production

  D. Quality Assurance

  Correct Answer: D

• Question 54:

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

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

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

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

  Correct Answer: C

• Question 55:

  Which data is converted during an SAP S/4HANA standard conversion?

  A. Only company codes and years selected in the customizing for migration

  B. Only company codes selected in the customizing for migration for all the years

  C. All company codes with all data of all years

  D. All company codes for the years you specify

  Correct Answer: C

• Question 56:

  A document can have up to 999999 line items in the universal journal (reporting or G/L view). How does this affect the entry view table?

  A. It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required.

  B. It is now a compatibility view without number restrictions

  C. It is automatically extended to 999999 line items.

  D. It is still limited to 999 line items but you can configure summarization on certain criteria.

  Correct Answer: D

• Question 57:

  On what level can you assign a fiscal year variant to a company code?

  A. Ledger group, for standard ledger type

  B. Ledger, for any type of ledger

  C. Ledger group, for any type of ledger

  D. Ledger, for standard ledger type

  Correct Answer: B

• Question 58:

  You post a payment to a supplier invoice. In the universal journal table, you see that more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? (Choose two.)

  A. Zero balance indicator for profit center

  B. The summarization in ACDOCA

  C. An extension ledger

  D. Anon-leading ledger

  Correct Answer: BC

• Question 59:

  Your customer has an SAP ERP system with classic G/L accounting and wants to convert directly to SAP S/4HANA as soon as possible during the current fiscal year standard conversion. Which limitations apply in SAP S/4HANA? (Choose three.)

  A. You must continue to use Special Purpose Ledger for preparation for consolidation.

  B. You must use the accounts approach to parallel valuation.

  C. You must define valuation areas for foreign currency valuation.

  D. You cannot configure and activate document splitting during conversion.

  E. You must configure profit center and segment accounting.

  Correct Answer: ADE

• Question 60:

  At which level is the migration run for finance data performed?

  A. Company code

  B. Operating concern

  C. Controlling area

  D. Client

  Correct Answer: D