Best Quality SAP P_S4FIN_1909 Exam Questions SurePassExams Realistic Practice Exams [2021]
Critical Information To SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) Pass the First Time
NEW QUESTION 45
What system configuration in your customers current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA? Please choose the correct answer.
- A. The customer does NOT use business partners to manager customers and suppliers.
- B. The system has document splitting activated for all company codes.
- C. The system uses classic asset accounting to manage fixed assets.
- D. The customers use the accounts approach for parallel accounting.
Answer: C
NEW QUESTION 46
How can financial data be stored in the SAP S/4HANA system tables? There are 2 correct answers to this question.
- A. There can be a line item in BSEG without a corresponding document in BKPF.
- B. There can be a line item in ACDOCA without a corresponding line item in BKPF.
- C. There can be a line item added in BSEG without a corresponding line item in ACDOCA.
- D. There can be a line item in ACDOCA without a corresponding line item in BSEG.
Answer: B,D
NEW QUESTION 47
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? There are 2 correct answer to this question.
- A. Document type
- B. Accounting principle
- C. Currency type
- D. Valuation area
Answer: B,D
NEW QUESTION 48
What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting? Please choose the correct answer.
- A. A Parallel ledger
- B. A Ledger group
- C. A Clearing account
- D. An accounting principle
Answer: D
NEW QUESTION 49
A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this? There are 2 correct answers to this question.
- A. Select the Record Account Assignment indicator.
- B. Enter value 90 in the cost element category field.
- C. Define the G/L account as an asset reconciliation account
- D. Set the G/L account type to Non-operating Expenses or income
Answer: A,C
NEW QUESTION 50
Which of the following are phases in SAP Activate? There are 3 correct answers to this question.
- A. Test
- B. Explore
- C. Deploy
- D. Blueprint
- E. Realize
Answer: B,C,E
NEW QUESTION 51
During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO? Please choose the correct answer.
- A. Because a delta between all line items and the balance of every account will be updated in the universal journal
- B. Because all balances from the past years are stored in the universal journal
- C. Because the system displays an error if the sum of aggregated line items differs from the balance
- D. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account
Answer: A
NEW QUESTION 52
Which processes create an artificial controlling document? There are 2 correct answer to this question.
- A. Assessment from cost center to account-based profitability analysis
- B. FI posting of primary costs to production order.
- C. Stock material consumption on project
- D. Internal activity allocation to sales order
Answer: A,B
NEW QUESTION 53
Which of the following is a prerequisite for conversion to SAP S/4HANA? Choose the correct answer.
- A. New Asset Accounting must be active.
- B. Custom code has to be checked for compatibility.
- C. New G/L Accounting must be active.
- D. The SAP migration service must be used.
Answer: B
NEW QUESTION 54
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? There are 2 correct answers to this question.
- A. Define a clearing account
- B. Assign a segment to all G/L accounts
- C. Set the zero-balance indicator
- D. Define a PA transfer structure
Answer: A,C
NEW QUESTION 55
What is the maximum number of currencies that can be defined in a ledger configuration? Please choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 56
Which statements about the S/4HANA Accrual Engine are correct? There are 3 correct answers to this question.
- A. It enables complex postings, more than two line items are possible by customerciefined of posting schemes.
- B. It is fully integrated into the General Ledger:
- C. There is no redundant storage of the postings as original document.
- D. There are summary records in the Accrual Engine
Answer: A,B,C
NEW QUESTION 57
What open period is checked by the third interval of the Open Posting Periods variant in financial accounting? Choose the correct answer.
- A. Postings to Fl Subledgers
- B. Postings with a special authorization group
- C. Postings to special periods
- D. Postings from CO to Fl
Answer: D
NEW QUESTION 58
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. Front-end SAP Gateway server.
- B. SAP S/4HANA back end.
- C. SAP Fiori launchpad designer.
- D. SAP Smart Business.
Answer: A
NEW QUESTION 59
Your customer's company code is assigned to a chart of depreciation with three depreciation areas that post in real time. Last year, your customer acquired an asset that was only capitalized In two of the depredation areas this year you post an integrated asset sale to a customer for this asset. How many documents are generated during the sale posting?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 60
Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLT0. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs? Please choose the correct answer.
- A. The content of the table is deleted, and a compatibility view is generated.
- B. The balances of the table are posted as additional line items in the universal journal.
- C. The table is treated as a transient provider using BW query functionality.
- D. The entries of the table are converted into column store
Answer: A
NEW QUESTION 61
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. Accounting documents of financial accounting and controlling
- C. House banks for new Bank Account Management.
- D. Data of costing-based profitability analysis
- E. Balances of accounts, customers, and vendors.
Answer: B,C,E
NEW QUESTION 62
On which levels can you assign semantic tags to a financial statement version in SAP Fiori? There are 3 correct answer to this question.
- A. G/L account
- B. Segment
- C. Business area
- D. Functional area
- E. Financial statement item
Answer: A,D,E
NEW QUESTION 63
You want to provide your analysts with a tool for powerful visualizations and exploration. Which of the following would you recommend? Choose the correct answer.
- A. SAP Lumira
- B. SAP Crystal Reports Enterprise
- C. SAP BusinessObjects Web Intelligence
Answer: A
NEW QUESTION 64
Which G/L account types are relevant for CO? There are 2 correct answers to this question.
- A. Bank and Cash Accounts
- B. Primary costs or revenue
- C. Non-operating expense or income
- D. Secondary costs
Answer: B,D
NEW QUESTION 65
Which transaction types can be restricted to depreciation areas in new Asset Accounting? Note: There are 2 correct answers to this question.
- A. Investment support
- B. Retirements
- C. Transfers
- D. Revaluation and new valuation
Answer: A,D
NEW QUESTION 66
In which of the possible scenarios can you indicate that an account is also a statistical cost elements? There are
2 correct answer to this question.
- A. It is used as special reserve balance account in fixed asset accounting.
- B. It is used as inventory account in the material account assignment.
- C. It is used as balance sheet account in fixed asset accounting.
- D. It is used as a work in process (WIP) inventory account in the material account assignment.
Answer: C,D
NEW QUESTION 67
Cost of goods sold (COGS) split functionality is available in account-based CO-PA. Which settings are necessary? Note: There are 2 correct answers to this question.
- A. Cost elements must be mapped to cost components
- B. Characteristic values and characteristic groups must be maintained
- C. Operating concern currency must be determined.
- D. The corresponding cost elements must exist in the chart of accounts.
Answer: A,D
NEW QUESTION 68
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.
- A. Between two company codes
- B. Between two plants
- C. Between two profit centers
- D. Between two accounting principles
Answer: A,C
NEW QUESTION 69
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