P_S4FIN_1909 Online Practice Questions and Answers

After the migration to SAP S/4HANA 1809, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator. What might be the cause of this?

A. Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.

B. Before the migration, the company code was NOT linked to a controlling area.

C. The controlling area linked to the company code was defined with currency type 20.

D. Before the migration, the company code did NOT have any parallel currencies defined.

You run an assessment cycle but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings? Please choose the correct answer.

A. Intervals 1 and 2

B. Only interval 3

C. Intervals 1 and 3

D. Only interval 2

Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question.

A. Commitments

B. Split of cost of goods sold according to the cost component split

C. Statistical sales conditions

D. Variances to work in process values

At which level do you define that a G/L account is a secondary cost account?

A. Operating concern

B. Company code

C. Controlling area

D. Chart of accounts

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?

A. Cash flow reporting

B. Bank statement processing

C. Cash journal logging

D. Monitoring bank risk

What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.

A. Consolidation model

B. Ownership model

C. Exchange Rate model

D. Source model

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.

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

Your customer upgraded a system to SAP S/4HANA for test reasons. During testing, 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.

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

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

C. The migration is NOT set to complete.

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

What is the purpose of the retraction workbook? Please choose the correct answer.

A. Retract planning data from ERP to BW

B. Retract planning data from ERP to BPC

C. Retract planning data from BPC to ERP

D. Retract planning data from BW to ERP

During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO? Please choose the correct answer.

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

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

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

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

In controlling. What is a mandatory customizing step when converting a system to SAP S/4HANA? Please choose the correct answer.

A. Activate Account-based CO-PA.

B. Create document type for CO postings.

C. Define profit center hierarchy.

D. Migrate the material ledger.

Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables? Note: There are 2 correct answers to this question.

A. ACDOCP is a table with delta mechanism.

B. ACDOCP is a cluster table.

C. ACDOCP derives data from ACDOCA.

D. ACDOCP is an isolated table.

Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question. Response:

A. Transfer prices

B. Actual costing results

C. Parallel currencies

D. Plan data

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

A. Dispute Management

B. Accounts Receivable

C. Collections Management

D. Treasury Operations

You are performing a system conversion for a customer that uses classic general ledger with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values? There are 3 correct answers to this question.

A. Standard ledgers

B. Valuation areas (FI)

C. Ledger groups

D. Accounting principles

E. Document types