P-S4FIN-2023 Exam Training Practice Tests (SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP)]

Question 1

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

A. Between two company codes B. Between two accounting principles C. Between two storage locations D. Between two profit centers

Correct Answer: A,D

Question 2

Which modules read and write line items of the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

A. Cash management B. Account-based profitability analysis C. Actual costing D. Costing-based profitability analysis

Correct Answer: A,B

Question 3

Which values are stored in the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

A. Transfer prices B. Actual costing results C. Parallel currencies D. Elimination of intercompany postings

Correct Answer: A,C

Question 4

What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?

A. Assign 2 or more accounting principles to 1 valuation area B. Assign 2 or more accounting principles to the leading ledger C. Assign 2 or more accounting principles to the non-leading ledger D. Assign 2 or more ledgers to 1 accounting principle

Correct Answer: B

Question 5

Which reports are included with SAP S/4HANA, embedded analytics? Note: There are 2 correct answers to this question.

A. SAP Lumira reports B. Analytical List Page reports C. Multidimensional reports D. SAP Analysis for Microsoft Office reports

Correct Answer: B,D

Question 6

You post a payment to a supplier invoice. In the universal journal table, you see that more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? Note: There are 2 correct answers to this question.

A. A non-leading ledger B. Zero balance indicator for profit center C. The summarization in ACDOCA D. An extension ledger

Correct Answer: C,D

Question 7

What do you manage within cash operations of SAP Cash Management? Note: There are 2 correct answers to this question.

A. Hedging and hedging contracts B. Credit limits for customer accounts C. Daily cash position, deficits, and surpluses D. Bank risk analysis and risk mitigation

Correct Answer: C,D

Question 8

Which data is converted during an SAP S/4HANA standard conversion?

A. Only company codes and years selected in the customizing for migration B. Only company codes selected in the customizing for migration for all the years C. All company codes with all data of all years D. All company codes for the years you specify

Correct Answer: C

SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP - P-S4FIN-2023 Exam Practice Test