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P_S4FIN_2021 Exam Dumps - SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts

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Question # 4

Your customer currently uses classic G/L and asks what new functionalities can be implemented during an SAP standard conversion to SAP S/4HANA.What functionality can you activate?

A.

Additional parallel currency

B.

Document splitting

C.

Margin analysis

D.

Additional standard ledger

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Question # 5

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-based CO-PA can still be used in parallel.

B.

Characteristics will be added to the universal journal.

C.

Value fields will be added to the universal journal.

D.

Historical data will be enriched with characteristics by derivation

E.

Cost component split (COGS) can be configured in financial accounting.

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Question # 6

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?

A.

4

B.

3

C.

1

D.

2

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Question # 7

You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?

A.

Define two valuation methods and assign the accounting principles to the new valuation methods

B.

Define a valuation area and an accounting principle with relevant links to ledgers.

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

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Question # 8

In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?

A.

Document splitting default account assignment

B.

Active document splitting

C.

Document splitting inheritance

D.

Passive document splitting

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