P_S4FIN_1909 Exam Training Practice Tests (SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909))]

Question 1

What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question.

A. Standard cost of goods sold B. Incoming sales orders C. Actual cost of goods sold D. Actual revenue

Correct Answer: C,D

Question 2

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

A. Zero balance Indicator for profit center B. A non-leading ledger C. An additional accounting principle D. An extension ledger

Correct Answer: C,D

Question 3

For which account assignments can you perform realignment in the universal journal? Note: There are 2 correct answers to this question.

A. Customer group B. Functional area C. Sales region D. Profit center

Correct Answer: A,C

Question 4

What data is migrated during system conversion? Please choose the correct answer.

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

Correct Answer: C

Question 5

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 converted system? There are 2 correct answers to this question.

A. Implementation of document splitting B. Implementation of additional currency type C. Implementation of additional ledgers for parallel accounting D. Implementation of chart of accounts conversion

Correct Answer: A,C

Question 6

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 S/4HANA back end B. Front-end SAP Gateway server C. SAP Fiori launchpad designer D. SAP Smart Business

Correct Answer: B

Question 7

How can financial data be stored in the SAP S/4HANA system tables? Note: There are 2 correct answers to this question.

A. There can be a line item in ACDOCA without a corresponding line item in BKPF. B. There can be a line item in BSEG without a corresponding document in BKPF. C. There can be a line item in ACDOCA without a corresponding line item in BSEG. D. There can be a line item added in BSEG without a corresponding line item in ACDOCA.

Correct Answer: A,C

Question 8

You define an additional extension ledger. What type of ledger can you assign as underlying ledger?

A. Material ledger B. Standard ledger C. Special ledger D. Reconciliation ledger

Correct Answer: B

Question 9

A customer is currently running SAP ERP and wants to transition to a new implementation of SAP S/4HANA
1809. Yea are required to provide them with a solution that enable them transition to SAP S/4 HANA Customer specific enhancements. Which of the following tools will help leverage the transition process?

A. SAP Readiness check for sap S/4 HANA B. Software Update Manager C. SAP S/4HANA migration cockpit D. SAP Transformation navigator

Correct Answer: B

Question 10

What are planning level and planning group used for in SAP Cash Management? There are 2 correct answers to this question.

A. - Planning group is used to group customers and vendors to enable accurate forecast.
- Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc. B. Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast. C. - Planning level is used to differentiate between strategic, business, and operational plan.
- Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc. D. - Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
- Planning group is used in the G/L account data to enable the liquidity forecast.

Correct Answer: A,B

Question 11

What function is delivered with business function EA-FIN to support SAP S/4HANA? Please choose the correct answer.

A. Special valuations B. New Depreciation Engine C. Parallel ledgers D. Parallel depreciation areas

Correct Answer: B

Question 12

What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business.

A. Credit segment B. Company code C. Sales area D. Credit control area

Correct Answer: D

Question 13

What can you do when you use Account Basis for cost of goods sold (COGS) split in SAP S/4HANA 1809?
Note: There are 2 correct answers to this question.

A. Enable COGS split for sales processes posted to internal orders and projects. B. Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure. C. Enable COGS split for postings made on the source account through internal processes in Financials and Controlling. D. Enable COGS split for stock transfers and point-of-sale transactions.

Correct Answer: B,C

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) - P_S4FIN_1909 Exam Practice Test