SAP P-S4FIN-2023 WEB-BASED PRACTICE TEST QUESTIONS

SAP P-S4FIN-2023 Web-Based Practice Test Questions

SAP P-S4FIN-2023 Web-Based Practice Test Questions

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SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP Sample Questions (Q20-Q25):

NEW QUESTION # 20
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle.
If you use the application for posting integrated asset acquisitions, how many documents will the system post?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: D

Explanation:
Asset Accounting Configuration in SAP S/4HANA


NEW QUESTION # 21
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 cost splitting profile in general ledger accounting
  • B. A collection of primary cost elements to receive the cost portions
  • C. A settlement profile to control the settlement of cost portions
  • D. An extension ledger with type "Line items with technical numbers"

Answer: A,B

Explanation:
Management Accounting Configuration in SAP S/4HANA


NEW QUESTION # 22
Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.

  • A. Implementation of document splitting
  • B. Implementation of chart of accounts conversion
  • C. Implementation of real-time integration of controlling to financial accounting
  • D. Implementation of an additional standard ledger for parallel accounting

Answer: A,D


NEW QUESTION # 23
Which of the following is a prerequisite to activate takeover values between depreciation areas?

  • A. Takeover values are possible across all depreciation areas.
  • B. Only one depreciation area per chart of depreciation is assigned 00.
  • C. Takeover values are no longer supported in SAP S/4HANA.
  • D. Depreciation areas must be assigned to the same accounting principles

Answer: A


NEW QUESTION # 24
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. Special Purpose Ledger
  • B. Classic Credit Management
  • C. Costing-based CO-PA
  • D. Accrual Engine
  • E. Cash Management

Answer: A,B,C


NEW QUESTION # 25
......

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