P-S4FIN-2020 Pre-Exam Practice Tests | (Updated 82 Questions)
Valid P-S4FIN-2020 Exam Q&A PDF - One Year Free Update
NEW QUESTION 10
If you use the ledger approach, which customization settings must you apply for new Asset Account?
Note: There are 2 correct answers to these questions.
- A. Assign an accounting principle to every depreciation area.
- B. Assign a controlling version to each depreciation area.
- C. Set reconciliation account for parallel valuation (non-leading ledger).
- D. Define a technical clearing account for integrated asset acquisitions.
Answer: A,D
NEW QUESTION 11
Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HANA.
What system configuration options are available for the customer within the convened system? There are 2 correct answers to this question
- A. Implementation of additional document splitting
- B. Implementation of additional ledgers for parallel accounting
- C. Implementation of chart of account conversion
- D. Implementation of additional currency type
Answer: A,D
NEW QUESTION 12
What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?
Please choose the correct answer.
- A. Assign 2 or more accounting principles to 1 ledger
- B. Assign 2 or more valuation areas to 1 company code
- C. Assign 2 or more ledgers to 1 accounting principle
- D. Assign 2 ledgers to 1 company code
Answer: A
NEW QUESTION 13
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separates 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? Please choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 14
Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving the forward. They want maintain a filly customizable solution without completely disrupting their current processes. Which SAP S/4HANA solution will you propose?
- A. Public cloud
- B. Hybrid
- C. Private cloud
- D. On-premise
Answer: D
NEW QUESTION 15
In your company code, you report on profit centre and segment level. You post a single invoice. What document splitting process does the system use to assign the correct profit centres and
- A. Active document splitting
- B. Default account assignment
- C. Passive document splitting
- D. Document splitting inheritance
Answer: A
NEW QUESTION 16
Which reports are included with SAP S/4HANA, embedded analytics? There are 2 correct answer to this question.
- A. SAP Lumira reports
- B. Multidimensional reports
- C. Analytical List Page reports
- D. SAP Analysis for Microsoft Office reports
Answer: B,C
NEW QUESTION 17
Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion. What settings must be made to ensure this?
- A. Use internal number ranges in the BP groupings for the conversion and switch to external afterward
- B. Use external number ranges in the BP groupings for the conversion and switch to internal afterward
- C. Use external number ranges in the customer and supplier account groups for the conversion and switch to internal afterward
- D. Use internal number ranges in the customer and supplier account groups for the conversion and switch to external afterward
Answer: C
NEW QUESTION 18
What is the earliest point in time that the attributed profitability segments can be derived?
- A. When you run result the analysis for cost objects
- B. When you settle the cost to profitability analysis
- C. When you run the realignment in profitability analysis
- D. When you post the primary cost document
Answer: D
NEW QUESTION 19
Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.
Response:
- A. Transfer prices
- B. Actual costing results
- C. Plan data
- D. Parallel currencies
Answer: A,D
NEW QUESTION 20
Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLTO. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?
- A. The table is treated as a transient provider using BW query functionality
- B. The content of the table is deleted and compatibility view is generated
- C. The entries of the table are converted into column store
- D. The balances of the table are posted as additional line items in the universal journal.
Answer: B
NEW QUESTION 21
Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables?
Note: There are 2 correct answers to this question.
- A. ACDOCP is a table with delta mechanism.
- B. ACDOCP derives data from ACDOCA.
- C. ACDOCP is an isolated table.
- D. ACDOCP is a cluster table.
Answer: A,C
NEW QUESTION 22
In which sequence do you create the objects required for the SAP financial closing cockpit?
- A. 1. Define closing periods
2. Create task lists
3. Release task lists
4. Release closing periods - B. 1. Create task group
2. Create task lists
3 Create tasks
4. Release task lists - C. 1. Define task levels
2. Create task group
3. Release task levels
4. Release task group - D. 1. Create template
2. Create tasks
3. Create task lists
4. Release task lists
Answer: D
NEW QUESTION 23
What function is delivered with business function EA-FIN to support SAP S/4HANA?
- A. Parallel depreciation areas
- B. Special valuations
- C. Parallel ledgers
- D. New Depreciation Engine
Answer: D
NEW QUESTION 24
Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question.
- A. Employees
- B. Distribution channels
- C. Banks
- D. Bank accounts
- E. Suppliers
Answer: A,C,E
NEW QUESTION 25
What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.
- A. Source model
- B. Consolidation model
- C. Ownership model
- D. Exchange Rate model
Answer: A,D
NEW QUESTION 26
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.
- A. You can assign each valuation to a separate ledger
- B. You can assign additional valuation to special led er(FI-SL).
- C. You can assign profit center, group and legal valuation to the same ledger
- D. You can assign additional valuation to the extension ledger
Answer: A,C
NEW QUESTION 27
You maintain a Launchpad for users to which role Z_MANACC is assigned. What do you need to do make an app available on the users Launchpad? Please choose the correct answer.
- A. Add the app to a catalog and a group that are assigned to role Z_MANACC
- B. Activate the user parameter for PFCG (role maintenance) for role Z_MANACC
- C. Assign the app directly to role Z_MANACC
- D. Activate the OData Service for role Z_MANACC which is assigned to according to the app according to the SAP Fiori apps reference library.
Answer: A
NEW QUESTION 28
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the administrator unlock this user?
- A. SAP Smart Business
- B. SAP S/4HANA back end
- C. SAP Fiori launchpad designer
- D. Front-end SAP Gateway server
Answer: D
NEW QUESTION 29
What cost center planning process can write data directly to plan item table ACDOCP? Please choose the correct answer.
- A. Internal activity price calculation
- B. Manual planning of statistical key figures
- C. Manual planning of cost with workbook
- D. Formula planning with templates
Answer: C
NEW QUESTION 30
Which objects do you migrate from SAP ERP to SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. Master data such as assets and profit centers.
- B. Data of costing-based profitability analysis
- C. Balances of accounts, customers, and vendors.
- D. Accounting documents of financial accounting and controlling
- E. House banks for new Bank Account Management.
Answer: C,D,E
NEW QUESTION 31
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SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Free Update Certification Sample Questions: https://lead2pass.prep4sureexam.com/P-S4FIN-2020-dumps-torrent.html