SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909)

QUESTION NO: 1
You have to run the foreign currency valuation for both US GAAP and IFRS, which leads to different values for the two different accounting principles.
How can you set this up in the system?

A. iDefine two valuation methods and assign the accounting principles to the new valuation methods B. Define a valuation area and extension ledger to link with the new valuation area 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: A

QUESTION NO: 2
How do you identify an asset as an asset under construction?

A. The asset belongs to a specific asset class. B. The asset capitalization date is empty. C. The ordinary depreciation start date is empty. D. The asset is assigned to NO depreciation area.

Correct Answer: A

QUESTION NO: 3
Which of the following are posted in the program FAA_DEPRECIATION_POST? Choose the correct answers. (3)

A. Ordinary depreciation such as book depreciation or imputed depreciation B. Unplanned depreciation or other manually planned depreciation C. Imputed interest D. Parallel APC values

Correct Answer: A,B,C

QUESTION NO: 4
Which General Ledger account type do you select to perform activity cost allocations? Please choose the correct answer.

A. Financial Accounting B. Accounting C. Sales and Distribution D. Materials Management

Correct Answer: C

QUESTION NO: 5
What must you do to create new validations and substitutions? Note There are 2 correct answers to this question.

A. Deactivate all former validations and substitutions B. Define the area of application C. Choose the chart of accounts D. Select the relevant call-up point

Correct Answer: B,D

QUESTION NO: 6
You are creating an asset master record by copying another asset and you noted that the inventory number is copied. What setting do you make to ensure that the inventory number is NOT copied when you create a new asset by copying? Please choose the correct answer.

A. Remove the asset class indicator in screen layout maintenance B. Remove the main asset indicator in screen layout maintenance C. Remove the subnumber indicator in screen layout maintenance D. Remove the reference indicator in screen layout maintenance

Correct Answer: D

QUESTION NO: 7
Which objects can be posted to by more than one company code? There are 3 correct answers to this question.

A. Depreciation key B. Useful life (year or period) C. Variable depreciation portion D. Depreciation start date

Correct Answer: A,B,C

QUESTION NO: 8
You are configuring accrual types for the accrual engine. For which postings is account determination required? There are 2 correct answers to this question.

A. Opening and closing posting only. B. Closing posting only C. Opening posting only D. Periodic only

Correct Answer: C,D

QUESTION NO: 9
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
Note: There are 3 correct answers to this question.

A. Switch on the data aging business function B. Define the logical file path as a global path for data aging C. Activate aging on SAP HANA. D. Add required authorizations for data aging to your role. E. Activate data aging for your company code.

Correct Answer: A,C,D

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1909) - C_TS4FI_1909 Exam Questions