SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation

QUESTION NO: 1
Post an integrated complete retirement for your machine ## (value date for sale: July 1st, Current Year.
You gain a sales price/sales revenue of .50,000 (net). The Revenue from asset retirement account has the number 70020000 in the chart of accounts you are using. Use the customer 10100001 and a 0% output tax (A0).
Note: There are 2 correct answers to this question.

A. On the Fiori Launchpad screen, in the Document Entry group, choose the tile Asset Sale with Invoice. B. The asset values should be shown by default, if not enter the company code, asset, and select Refresh Asset. C. Check the documents posted for the year and the planned depreciation values. You should see three documents: the acquisition, the credit memo, and the sale invoice. In the Posted Values tab, you can see that depreciation calculation stops after the date of the asset sale. D. On the Fiori Launchpad screen, in the Reporting group, choose the Asset Values tile. If it is not there, use the search function. E. On the Asset Retire. frm Sale w/Customer: Header Data screen

Correct Answer: A,E

QUESTION NO: 2
In the SAP Ariba payment and discount management process, which step comes immediately after the
"suggest a discount for early processing" step?
Note: There are 1 correct answers to this question.

A. Start payment run B. Update payment proposal C. Release invoice for payment D. Evaluate payment suggestion

Correct Answer: D

QUESTION NO: 3
What is Project setup?

A. One of the most important tasks are the quarterly updates Non-events, barely noticeable but impact your schedule There is a 2 week over lap that occurs so mangers must consider the releases when scheduling B. On the Warning screen, choose OK. C. In the Download Template window, select BP Enterprise Management Cloud, then choose OK. The file downloads to the Download directory within your session.

Correct Answer: A

QUESTION NO: 4
How to Remove the payment block and post the partial payment.
Note: There are 3 correct answers to this question.

A. Choose Notes and add a note for the changes made. B. Select the Journal Entry shown in the Open Items and select Edit. C. Select the first Journal entry item and remove the entry from Item Payment Block. D. Select Back to Journal Entry, save your changes, and select Back.

Correct Answer: B,C,D

QUESTION NO: 5
Log on to SAP Fiori.## and confirm bank account creation from the bank accountant fs perspective.
Note: There are 2 correct answers to this question.

A. On the Approve Request new screen, enter a note and choose Approve. The message, Change request xxx approved, is displayed. B. In the Requests for Approval tab, the new bank account is displayed. C. In SAP Fiori, choose Bank Relationship - My Bank Account Worklist. D. On the Approve Request screen, choose Approve.

Correct Answer: B,C

QUESTION NO: 6
Your company (company code 1010) purchased a building from vendor 10300006. You need to post the asset acquisition. The value of the building is EUR 1,000,000. The tax of 19 percent is not included in the price.
Display the FI document.
Note: There are 2 correct answers to this question.

A. From the menu, choose More - Document - Display. B. Through the asset to the APC balance sheet account (16001000) C. To the technical clearing account for integrated asset acquisitions (16014000) D. To the technical clearing account for integrated asset acquisitions (16014000)

Correct Answer: A,B

SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation - C-S4CFI-1905 Exam Questions