P-S4FIN-1610 Exam Training Practice Tests (SAP Certified Application Professional - Financials in SAP S/4HANA 1610 for SAP ERP Finance Experts)]

Question 1

Which of the following are phases in SAP Activate?
Note: There are 3 correct answers to this question.
Response:

A. Realize B. Deploy C. Test D. Blueprint E. Explore

Correct Answer: A,B,E

Question 2

The screenshot displays how the depreciation areas of a chart of depreciation post, to the G/L By looking at the screenshot what can you learn about the company code and ledger configuration?
Response:

A. There is one extension ledger assigned to the leading ledger. B. There are two ledgers posted during transaction processing. C. There are two currency types assigned to the company code. D. There are no more than two ledger groups defined for the company code

Correct Answer: D

Question 3

What can you do in the Cockpit view of SAP Product Lifecycle Costing?
Response:

A. Define global settings for currencies and units of measure. B. View the costing structure. C. Receive an overview of the available master data. D. Manage calculation versions.

Correct Answer: D

Question 4

Where can you view the cost of goods sold (COGS) postings per cost component in CO-PA?
Note: There are 3 correct answers to this question.
Response:

A. Standard COGS in account-based CO B. Actual COGS (based on actual costing) in account-based CO-PA C. Actual COGS (based on material ledger) in cost-based CO-PA D. Standard COGS in cost-based CO-PA E. Moving average COGS in account-based CO-PA

Correct Answer: A,C,D

Question 5

Your company code is configured with three depreciation areas that post in real time The company is configured to update company code and group currency types.
How many documents are posted when you post a partial scrapping for a single depreciation area?
Response:

A. 4 B. 2 C. 1 D. 3

Correct Answer: C

Question 6

What are your options for activating actual costing during the productive startup of the material ledger in s/4HANA?
Response:

A. Actual costing is obligatory and is activated by default for all valuation areas. B. Actual costing is optional. If you do NOT activate it, you can activate it later. C. Actual costing is optional. If you do NOT activate it, you CANNOT activate it afterward. D. Actual costing is obligatory and is activated by default for selected valuation areas.

Correct Answer: B

Question 7

You are using SAP S/4HANA with account-based profitability analysis. For which objects can you activate derivation of profitability characteristics for G/L line items, without profitability segment'?
Response:

A. Materials B. Production orders C. Fixed assets D. Suppliers

Correct Answer: B

Question 8

Which modules remain unchanged after the migration to SAP S/4HANA?
Note: There are 3 correct answers to this question.
Response:

A. Account-based CO-PA B. Classic profit center accounting C. Special purpose ledger D. Costing-based CO-PA E. Liquidity planning

Correct Answer: B,C,D

Question 9

You have integrated SAP Cash Application on the SAP Cloud Platform with your SAP S/4HANA system.
Which process does SAP Cash Application help you with?
Response:

A. Bank statement processing B. Monitoring bank risk C. Cash flow reporting D. Cash journal logging

Correct Answer: A

SAP Certified Application Professional - Financials in SAP S/4HANA 1610 for SAP ERP Finance Experts - P-S4FIN-1610 Exam Practice Test