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Welcome to download the newest TestBraindump P-S4FIN-2023 PDF dumps: https://quiztorrent.testbraindump.com/P-S4FIN-2023-exam-prep.html ( 80 Q&As)
NEW QUESTION # 24
You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?
- A. Define a valuation area and ledger group for two ledgers to link with the new valuation area
- B. Define a valuation area and an accounting principle with relevant links to ledgers.
- C. Define two valuation areas and two accounting principles with relevant links to ledgers.
- D. Define two valuation methods and assign the accounting principles to the new valuation methods
Answer: C
NEW QUESTION # 25
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.
- A. Critical errors must be resolved in the production system before Go Live.
- B. All errors must be corrected before SUM (Software Update Manager)starts.
- C. All errors related to closed years can be ignored.
- D. Errors must be clarified, and uncritical errors can be accepted
Answer: A,B
NEW QUESTION # 26
What must you create before you can record commitments in the universal journal?
- A. Extension ledger
- B. Document type
- C. Statistical cost elements
- D. Tolerance profile
Answer: A
NEW QUESTION # 27
In which of the possible scenarios can you indicate that an account is also a statistical cost element?Note: There are 2 correct answers to this question.
- A. It is used as inventory account (BSX) in the material account assignment.
- B. It is used as WIP account from price differences in the material account assignment
- C. It is used as balance sheet account for APC costsin fixed asset accounting.
- D. It is used as special reserve balance account in fixed asset accounting.
Answer: B,C
NEW QUESTION # 28
You run an assessment cycle for cost centers, but no postings are made because the posting period is NOT open. Against which period interval is the check being made?
- A. First interval 3, then intervals 1&2 if interval 3 is not maintained
- B. First interval 3, then interval 2 if interval 3 is not maintained
- C. First interval 3, then interval 1 if interval 3 is not maintained
- D. Only interval 3, no other intervals checked if interval 3 is not maintained
Answer: D
NEW QUESTION # 29
You maintain a launchpad for users who are assigned to the Z_MANACC role. What do you need to do to make an app available for the users?
- A. Add the app to a catalog that is assigned to the Z_MANACC role.
- B. Assign the app directly to the Z_MANACC role and add the app to a catalog.
- C. Assign the app directly to the Z_MANACC role and add the app to a group.
- D. Add the app to a group that is assigned to the Z_MANACC role
Answer: A
NEW QUESTION # 30
What setting must be identical between the company code and controlling area?
- A. The valuation variant key
- B. The fiscal year variant key
- C. The posting period variant key
- D. The number of posting and special periods
Answer: B
NEW QUESTION # 31
You carry forward balances for your company code and leading ledger to the new fiscal year 2022 and you get an error message related to asset accounting. What single action can resolve the error?
- A. Post revaluation and new valuation (transaction AR29N) forfiscal year 2021.
- B. Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2020.
- C. Run "Calculate Depreciation" (transaction AFAR) forfiscal year 2022.
- D. Post all depreciation (transaction AFAB) for the fiscal year 2021
Answer: B
NEW QUESTION # 32
In your system you have multiple standard ledgers .Which values can be posted to a single ledger? Note: There are 3 correct answers to this question.
- A. Taxes
- B. Depreciation
- C. Payments
- D. Currency valuation
- E. Accruals
Answer: B,D,E
NEW QUESTION # 33
Which settings are allowed for open item management for the GR/IR account? Note: There are 2 correct answers to this question.
- A. Reconciliation account
- B. Extended open item management
- C. Classic open item management
- D. Ledger specific open item management
Answer: A,C
NEW QUESTION # 34
What is an advantage of selecting SAP S/4HANA Cloud Public Edition instead of SAP S/4HANA On- Premise?
- A. Integration to the Business Technology Platform
- B. Access to transaction codes
- C. Faster innovation cycles
- D. Full configuration scope
Answer: C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 35
Which of the following is a prerequisite to activate takeover values between depreciation areas?
- A. Depreciation areas must be assigned to the same accounting principles
- B. Takeover values are no longer supported in SAP S/4HANA.
- C. Only one depreciation area per chart of depreciation is assigned 00.
- D. Takeover values are possible across all depreciation areas.
Answer: D
NEW QUESTION # 36
In the standard delivery system, what is the maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of goods sold?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 37
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?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 38
Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA?Note: There are 3 correct answersto this question.
- A. Cash Management
- B. Classic Credit Management
- C. Accrual Engine
- D. Costing-based CO-PA
- E. Special Purpose Ledger
Answer: B,D,E
NEW QUESTION # 39
Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.
- A. Aging
- B. Indexing
- C. Storing
- D. Archiving
Answer: A,D
NEW QUESTION # 40
In which of the possible scenarios can you indicate that an account is also a statistical cost element?
Note: There are 2 correct answers to this question.
- A. It is used as balance sheet account for APC costs in fixed asset accounting.
- B. It is used as inventory account (BSX) in the material account assignment.
- C. It is used as WIP account from price differences in the material account assignment.
- D. It is used as special reserve balance account in fixed asset accounting.
Answer: A,C
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 41
Which modules read and write line items of the universal journal (ACDOCA)? Note: There are 2 correct answers to this question.
- A. Actual costing
- B. Costing-based profitability analysis
- C. Cash management
- D. Account-based profitability analysis
Answer: C,D
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 42
You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles.
How can you set this up in the system?
- A. Define a valuation area and an accounting principle with relevant links to ledgers.
- B. Define two valuation areas and two accounting principles with relevant links to ledgers.
- C. Define a valuation area and ledger group for two ledgers to link with the new valuation area.
- D. Define two valuation methods and assign the accounting principles to the new valuation methods.
Answer: B
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 43
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. The summarization in ACDOCA
- B. A non-leading ledger
- C. An extension ledger
- D. Zero balance indicator for profit center
Answer: A,C
NEW QUESTION # 44
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.
- A. Define depreciation areas for all currency types.
- B. Close all fiscal years except the current one.
- C. Assign accounting principles to all depreciation areas.
- D. Activate enterprise extension EA-FIN.
- E. Define a technical clearing account for integrated acquisitions.
Answer: A,B,D
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 45
In what system is it required to perform all system conversion steps to identify and solve conversion errors?
- A. Production
- B. Quality Assurance
- C. Development
- D. Sandbox
Answer: B
NEW QUESTION # 46
In Controlling, what is a mandatory customizing step when converting a system to SAP S/4HANA?
- A. Configure accounts for COGS split.
- B. Activate attributed profitability analysis.
- C. Create document type for CO postings.
- D. Migrate the material ledger.
Answer: B
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 47
What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?
- A. New depreciation engine is used.
- B. Period posting (ASKB) became obsolete.
- C. Parallel ledgers are available.
- D. New asset accounting is activated.
Answer: D
NEW QUESTION # 48
You want to sell products from stock. What do you need to maintain before you can analyze the cost of goods sold (COGS) subdivided by cost components in account-based CO-PA? Note: There are 2 correct answers to this question
- A. A settlement profile to control the settlement of cost portions
- B. A collection of primary cost elements to receive the cost portions
- C. A cost splitting profile in general ledger accounting
- D. An extension ledger with type "Line items with technical numbers"
Answer: B,C
NEW QUESTION # 49
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