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P_S4FIN_2020 Exam Dumps - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts

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Question # 4

You want to post values of the incoming sales order to both account-based CO-PA and Costing based CO-PA.

What do you need to maintain?

NOTE: There are 3 correct answers to this question

A.

Creative statistical cost elements for cost and revenues of incoming sales orders

B.

Activate the transfer of incoming sales orders

C.

Activate predictive accounting for incoming sales orders

D.

Setup an extension ledger with type "line items with technical numbers"

E.

Activate the indicator for incoming sales orders in the attributes view of the operating concerns

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Question # 5

On what level can you assign a fiscal year variant to a company code?

A.

Valuation area

B.

Depreciation area

C.

Ledger

D.

Accounting principle

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Question # 6

What does the Parallel Accounting Using G/ L Accounts indicator in ledger configuration allow you to do?

A.

Assign 2 ledgers to 1 company code

B.

Assign 2 or more Accounting principles to 1 Ledger

C.

Assign 2 or more ledgers to 1 accounting principle

D.

Assign 2 or more valuation areas to 1 company code

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Question # 7

Which of the following components are obsolete are require migration activities during a Statistical There are 3 correct answers to this question.

A.

Cash Management

B.

Special purpose ledger

C.

Accrual engine

D.

Classic credit management

E.

Costing based CO- PA

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Question # 8

Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which

configurations will be required?

There are 2 correct answer to this question.

A.

Convert accounts of parallel valuations to asset reconciliation accounts

B.

Define the document type for the accounting-principle-specific-documents

C.

Assign accounting principle to all real and derived depreciation areas

D.

Configure delta depreciation areas to no longer post to the General ledger

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