SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1610)

QUESTION NO: 1
Your company code is assigned to a leading ledger, two additional normal ledgers, and one extension
ledger. How many carryforwards must be executed?

A. 1 B. 8 C. 3 D. 4

Correct Answer: D

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QUESTION NO: 2
Identify the steps performed during the general ledger closing operations for the fiscal year.
Choose the correct answers.
Response:

A. Foreign currency documents are valuated. B. Accruals are carried out. C. The balance carry forward program is run. D. Vendor invoices are posted.

Correct Answer: A,B,C

QUESTION NO: 3
You're configuring a new SAP S/4HANA system. What are your options for defining the number range
assignments for business partners?

A. The business partner drives the number range used. B. The supplier drives the number range used. C. Whichever account is created first drives the number range used. D. The customer drives the number range used.

Correct Answer: A

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QUESTION NO: 4
What sort of special general ledger types exist?
Choose the correct answers.
Response:

A. Free offsetting entries B. Automatic offsetting entries (statistical) C. Other types D. Final payments E. Noted items

Correct Answer: A,B,E

QUESTION NO: 5
To reduce the load on the system, what should you do with the older documents that exist in the
database?
Choose the correct answer.
Response:

A. Backup and delete B. Extract and delete C. Delete D. Archive and delete

Correct Answer: D

QUESTION NO: 6
Which of the following are the different history sheet groups that each version of asset history sheets
can contain?
Choose the correct answers.
Response:

A. Book values at the end of the fiscal year B. Reposting C. Acquisitions D. Imputed interest

Correct Answer: A,B,C

QUESTION NO: 7
You have an invoice for transport expenses for your AuC. These expenses can be capitalized per IFRS but
not in the local GAAP. What is the best way to handle this?

A. Post the invoice to a clearing account and clear it per ledger group (capitalize for IFRS, expense for
local GAAP). B. Post the invoice to the AuC and manage settlement per depreciation area. C. Post the invoice to AuC, and, after settlement, post a partial scrapping for the local depreciation area. D. Post the invoice twice: once as an expense to the local ledger group and once more to IFRS.

Correct Answer: B

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QUESTION NO: 8
Which of the following account assignments can you configure the system to create complete balance
sheet reports for? (There are three correct answers.)

A. Profitability segment B. Segment C. Cost center D. Profit center E. Company code

Correct Answer: B,D,E

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QUESTION NO: 9
When adding a bank to the bank directory, which field is required?

A. Currency B. Country C. Company Code D. Opening Date

Correct Answer: B

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QUESTION NO: 10
True or False: You can post a simulation run for the leading ledger to analyze the effects of the currency
valuation on your P&L standings.

A. True B. False

Correct Answer: B

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QUESTION NO: 11
You receive a payment for an invoice that is smaller than the owed amount.
How can you manage payment differences in the Post Incoming Payments application? (There are two
correct answers.)

A. Residual item B. Partial payment C. Change due date D. Reject payment

Correct Answer: A,B

Explanation: Only visible for Pass4Test members. You can sign-up / login (it's free).

QUESTION NO: 12
Identify the application areas where validations and substitutions can be used.
Choose the correct answers.
Response:

A. SD - Sales and Distribution B. FI - Financial Accounting C. CO - Cost Accounting D. AA - Asset Accounting

Correct Answer: B,C,D

SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1610) - C_TS4FI_1610 Exam Questions