P_S4FIN_1709 Online Practice Questions and Answers

You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but thise field is currently, NOT available.

What could be the reasons for this behavior? Note: There are 2 correct answers to this question. Response:

A. The G/L account is NOT a reconciliation account type for assets.

B. The G/L account is NOT maintained in the account determination of fixed asset accounting.

C. The G/L account is NOT maintained in the account determination for materials management.

D. The G/L account is NOT maintained in the account determination for real-time integration with CO.

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.

In your SAP S/4HANA system, ledger group L1 is assigned to a US GAAP accounting principle. You want to assign ledger group to the L1 to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values.

Which of the following limitations prevent you from making assignment?

Response:

A. The US GAAP values need to be reported in USG-but-the company code currency is defined as EUR.

B. One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.

C. You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.

D. You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger.

Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?

Response:

A. The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed.

B. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.

C. The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES

D. The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).

If you use the ledger approach, which customization settings must you apply for new Asset Account?

Note: There are 2 correct answers to these questions.

Response:

A. Define a technical clearing account for integrated asset acquisitions.

B. Set reconciliation account for parallel valuation (non-leading ledger).

C. Assign a controlling version to each depreciation area.

D. Assign an accounting principle to every depreciation area.

Which transaction types can be restricted to depreciation areas in new Asset Accounting?

Note: There are 2 correct answers to this question.

Response:

A. Retirements

B. Transfers

C. Investment support

D. Revaluation and new valuation

Where can you find the automatic write-off program to close unpaid customer balances? Response:

A. Dispute Management

B. Accounts Receivable

C. Treasury Operations D. Collections Management

What can you do when you use Account Basis for cost of goods sold (COGS) split in SAP S/4HANA 1709?

Note: There are 2 correct answers to this question.

Response:

A. Enable COGS split for postings made on the source account through internal processes in Financials and Controlling.

B. Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure.

C. Enable COGS split for stock transfers and point-of-sale transactions.

D. Enable COGS split for sales processes posted to internal orders and projects.

Which technology supports adoption of the SAP HANA architecture? Response:

A. Fast and reliable solid-state disks

B. Smartphone devices

C. Multi-core, multi-thread central processing units.

D. High-speed, long-range wireless network protocols.

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

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

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

Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving the forwoard. They want maintain a filly customizable solution without completely disrupting their current processes.

Which SAP S/4HANA solution will you propose?

Response:

A. Private cloud

B. On-premise

C. Hybrid

D. Public cloud

How can financial data be stored in the SAP S/4HANA system tables?

Note: There are 2 correct answers to this question.

Response:

A. There can be a line item in BSEG without a corresponding document in BKPF.

B. There can be a line item in ACDOCA without a corresponding line item in BSEG.

C. There can be a line item in ACDOCA without a corresponding line item in BKPF.

D. There can be a line item added in BSEG without a corresponding line item in ACDOCA.

Which downstream activities can be updated when you post a payment in receivables management?

Note: There are 2 correct answers to this question.

Response:

A. Update of days sales outstanding calculations

B. Reduction of an open dispute case amount

C. Release of an order from credit hold

D. Update of a promise to pay