SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909)

QUESTION NO: 1
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? There are 2 correct answers to this question.

A. Define a PA transfer structure B. Set the zero-balance indicator C. Define a clearing account D. Assign a segment to all G/L accounts

Correct Answer: B,C

QUESTION NO: 2
Which processes create an artificial controlling document? There are 2 correct answer to this question.

A. Assessment from cost center to account-based profitability analysis B. Stock material consumption on project C. Internal activity allocation to sales order D. FI posting of primary costs to production order.

Correct Answer: A,D

QUESTION NO: 3
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 forward. They want maintain a filly customizable solution without completely disrupting their current processes. Which SAP S/4HANA solution will you propose?

A. Public cloud B. On-premise C. Hybrid D. Private cloud

Correct Answer: B

QUESTION NO: 4
You want to configure an extension ledger. Which steps do you need to take? There are 2 correct answer to this question.

A. Assign a fiscal year variant to the extension ledger. B. Select an Underlying ledger for the extension ledger. C. Specify currency types for the extension ledger. D. Specify the document type for the extension ledger.

Correct Answer: B,C

QUESTION NO: 5
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question.

A. Cost component split (COGS) can be configured in financial accounting B. Characteristics will be added to the universal journal. C. Historical data will be enriched with characteristics by derivation D. Value fields will be added to the universal journal. E. Cost-based CO-PA can still be used in parallel.

Correct Answer: A,B,E

QUESTION NO: 6
You are converting your system to SAP S/4HANA. In your system you have:Three company codes assigned to a single controlling areaControlling area is assigned to fiscal year variant K4.Two company codes assigned to fiscal year variant K2One company code assigned to variant K3. During conversion to SAP S/4HANA, what do you need to change?

A. Change all company codes to fiscal year variant K2. B. Change all company codes to fiscal year variant K4 C. Change all company codes and the controlling area to fiscal year variant K2. D. Change the controlling area to fiscal year variant K3.

Correct Answer: B

QUESTION NO: 7
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.

A. Between two company codes B. Between two accounting principles C. Between two profit centers D. Between two plants

Correct Answer: A,C

QUESTION NO: 8
Which of the following options in SAP S/4HANA 1809 is only possible in costing-based CO-PA and NOT in account-based CO-PA?

A. Production variance split per variance category. B. Manual postings. C. Cost of goods sold (COGS) split per cost component. D. Sales order entry postings.

Correct Answer: B

QUESTION NO: 9
What can you do with asset accounting in SAP S/4HANA Finance? There are 3 correct answer to this question.

A. Assign separate settlement rules for depreciation areas. B. Post revenue for retirements by acquisition and production cost. C. Complete periodic acquisition and production cost adjustments postings. D. Simultaneously post separate values by depreciation area. E. Define transaction types by depreciation area.

Correct Answer: A,B,D

QUESTION NO: 10
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad.
Where must the administrator unlock this user?

A. SAP S/4HANA back end B. Front-end SAP Gateway server C. SAP Smart Business D. SAP Fiori launchpad designer

Correct Answer: B

QUESTION NO: 11
What restriction apply when a new currency is introduced for productive company codes and ledgers? There are 2 correct answer to this question.

A. Reconciliation for entities in asset accounting is NOT included. B. Archived data CANNOT be enriched with the new currency. C. New currency fields are NOT updated for existing data. D. Calculated values are NOT added to the ACDOCA.

Correct Answer: A,B

QUESTION NO: 12
For which Cases Can you Use SAP Product Lifecycle Costing? There are 2 correct answer to this question.

A. Quotation costing B. Sales order cost estimates C. Standard price cost estimates D. Preliminary cost estimates

Correct Answer: A,D

QUESTION NO: 13
What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA 1809?

A. Introduce document splitting B. Replace the accounts approach with the ledger approach. C. Implement a new currency type. D. Add an extension ledger.

Correct Answer: C

QUESTION NO: 14
You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?

A. Valuation using material cost estimate in costing-based CO-PA B. Valuation using material cost estimate in costing-based CO-PA and account-based-COPA C. The new refinement for cost of goods sold postings in account-based CO-PA D. Valuation using material cost estimate in account-based CO-PA

Correct Answer: C

QUESTION NO: 15
What are possible post-migration activities for SAP S/4HANA migration projects? Note: There are 2 correct answers to this question.

A. Update the open items through data aging. B. Calculate the net due date and discount due dates for open items C. Transfer archived documents into ACDOCA. D. Fill offsetting accounts in financial documents.

Correct Answer: B,D

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) - P_S4FIN_1909 Exam Questions