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

Question # 4

In Controlling, what is a mandatory customizing step when converting a system to SAP S/4HANA?

Migrate the material ledger.

Configure accounts for COGS split.

Create document type for CO postings.

Activate attributed profitability analysis

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Question # 5

For which functionality is a productive material ledger a prerequisite ? Note: There are 2 correct answers to this question.

Parallel update of the two types of profitability analysis

Actual costing

Actual activity price determination

Parallel valuation for transfer pricing

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Question # 6

You want to set up a multi-level gross margin report in profitability analysis (CO-PA).What do you customize to report the fixed and variable values separately?Note: There are 2 correct answers to this question.

Margin analysis: no specific customizing is necessary

Costing-based CO-PA: no specific customizing is necessary

Margin analysis: assign different accounts (assignment of different accounts is necessary)

Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)

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Question # 7

What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

A chart of depreciation

A ledger account determination key

An alternative depreciation area

An accounting principle

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Question # 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.

Custom Code Check

Global Performance Analysis

Authority Check

SAP Readiness Check

Simplification Item-Check

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Question # 9

Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.

Implementation of real-time integration of controlling to financial accounting

Implementation of chart of accounts conversion

Implementation of an additional standard ledger for parallel accounting

Implementation of document splitting

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Question # 10

In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

Between two accounting principles

Between two company codes

Between two profit centers

Between two storage locations

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Question # 11

Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

The financial statement version for both types of ledgers

The fiscal year variant for the standard ledger

The valuation view for the extension ledger

The posting period variant for the extension ledger

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Question # 12

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

Central finance

Private cloud

Public cloud

On premise

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Question # 13

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.

Currency type

Accounting principle

Document type

Valuation area

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Question # 14

You create a G/L account and set the cost element category to 42 (assessment).In what table isthe cost element category updated?

SKB1

CSKA

SKA1

CSKB

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Question # 15

In your system, you are creating a new company code that requires an additional standard ledger.Which statements apply to a standard ledger?Note: There are 2 correct answers to this question.

It must be assigned to an underlying ledger.

It will generate additional line items in ACDOCA for non-ledger-specific postings.

It is always active on the system level for all company codes.

If asset accounting is used, a depreciation area must be assigned.

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Question # 16

Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question.

Top down distribution in margin analysis

FI posting of primary costs to production order

Stock material consumption on project

Internal activity allocation to sales order

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Question # 17

Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

Memo records

Payment methods

Record types

Payment terms

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Question # 18

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?

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

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

Define two valuation areas and two accounting principles with relevant links to ledgers.

Define a valuation area and ledger group for two ledgers to link with the new valuation area

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Question # 19

Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.

Indexing

Storing

Archiving

Aging

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Question # 20

What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.

Actual depreciations of all depreciation areas that are set to post depreciation periodically

Actual depreciations of the controlling depreciation area used for management valuations

Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle

Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas

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Question # 21

You are performing a system conversion for a customer that uses classic G/L with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values in an S/4HANA standard conversion project?Note: There are 3 correct answers to this question.

Valuation areas (FI)

Standard ledgers

Document types

Accounting principles

Ledger groups

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Question # 22

Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this question.

Convert all accounts of parallel valuations to reconciliation accounts

Assign accounting principles to all real and derived depreciation areas.

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

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

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Question # 23

You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA.What does this mean? Note: There are 3 correct answers to this question

Customizing is consistent.

All error messages have been accepted.

Customer Vendor Integration can start.

All views are generated successfully.

Only critical error messages have been accepted.

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Question # 24

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?