SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP

QUESTION NO: 1
In Controlling, what is a mandatory customizing step when converting a system to SAP S/4HANA?

A. Create document type for CO postings. B. Activate attributed profitability analysis C. Migrate the material ledger. D. Configure accounts for COGS split.

Correct Answer: B

QUESTION NO: 2
Which data is converted during an SAP S/4HANA standard conversion?

A. All company codes for the years you specify B. Only company codes and years selected in the customizing for migration C. All company codes with all data of all years D. Only company codes selected in the customizing for migration for all the years

Correct Answer: C

QUESTION NO: 3
On which levels can you assign semantic tags to a financial statement version in SAP Fiori?Note: There are 3 correct answers to this question.

A. Segment B. Business area C. Functional area D. G/L account E. Financial statement item

Correct Answer: C,D,E

QUESTION NO: 4
Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.

A. Archiving B. Storing C. Indexing D. Aging

Correct Answer: A,D

QUESTION NO: 5
What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?

A. Period posting (ASKB) became obsolete. B. Parallel ledgers are available. C. New depreciation engine is used. D. New asset accounting is activated.

Correct Answer: D

QUESTION NO: 6
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.

A. Document type B. Accounting principle C. Currency type D. Valuation area

Correct Answer: B,D

QUESTION NO: 7
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: 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: 8
Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion project? Note: There are 3 correct answers to this question.

A. Simplification Item-Check B. SAP Readiness Check C. Custom Code Check D. Authority Check E. Global Performance Analysis

Correct Answer: A,B,C

SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP - P_S4FIN_2023 Exam Questions