P-S4FIN-2020 Pre-Exam Practice Tests | (Updated 82 Questions)
Valid P-S4FIN-2020 Exam Q&A PDF - One Year Free Update
NEW QUESTION 28
How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation? Please choose the correct answer.
- A. By running the periodic acquisition and production cost posting
- B. By running the monthly depreciation posting
- C. By entering manual corrective clearing transfer postings
- D. By maintaining the offset account in the asset account determination
Answer: D
NEW QUESTION 29
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.
- A. Between two company codes
- B. Between two plants
- C. Between two profit centers
- D. Between two accounting principles
Answer: A,C
NEW QUESTION 30
You are performing a legacy asset data transfer in your SAP S/4HANA system. Your fiscal year end date is December 31.2017 and your asset transfer date is February 26 2018.Which of the following values do you need to provide during legacy asset transfer? Note: There are 3 correct answers to this question.
- A. Revaluation value
- B. Acquisition and production costs
- C. Accumulated depreciation values
- D. Unplanned depredation values
- E. Ordinary depreciation values
Answer: B,C,E
NEW QUESTION 31
An asset is being acquired through integration with procurement. How is the asset acquisition value posted? Please choose the correct answer.
- A. Non-Valuated acquisition is posted at goods receipt.
- B. Valuated acquisition is posted at invoice receipt.
- C. Non-valuated acquisition is posted at invoice receipt.
- D. Valuated acquisition is posted at settlement.
Answer: C
NEW QUESTION 32
Which object acts as a data source for cash management (cash flow analyser) in SAP S/4HANA?
- A. Value fields
- B. Bank fees
- C. Memo Records
- D. Statistical key figure
Answer: C
NEW QUESTION 33
Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Choice of deployment
- B. Reduced throughput
- C. Choice of database
- D. Reduced footprint
Answer: A,D
NEW QUESTION 34
How many digits for the amount field on the financial document line item level are supported in the universal journal? Please choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 35
What is the maximum number of currency types that you can report on for a Ledger?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION 36
The customers and suppliers balances of the previous year are carried forward to the new year, but you did NOT run the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. How was the customer and supplier balance carried forward? Please choose the correct answer.
- A. Because balance carryforward was performed automatically when closing the previous year
- B. Because balance carryforward was performed for the leading ledger in general ledger
- C. Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error
- D. Because balance carryforward was performed automatically due to postings to the subledgers in the new year
Answer: B
NEW QUESTION 37
Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments. When preparing for integration, what do you have to create?
- A. Create a BP grouping for each customer and vendor account group.
- B. Create a BP category for each legal form maintained for customers/vendors.
- C. Create a BP role for each customer and vendor account group.
- D. Create a BP type for each industry category in the customer/vendor accounts.
Answer: A
NEW QUESTION 38
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. Software Update Manager
- B. SAP Transformation navigator
- C. SAP S/4HANA migration cockpit
- D. SAP Readiness check for sap S/4 HANA
Answer: A
NEW QUESTION 39
A customer wants to store alternative values of a foreign currency valuation in an extension ledger.
What extension ledger type is needed for this purpose? Please choose the correct answer.
- A. Simulation
- B. Prediction and commitments
- C. Valuation
- D. Extension
Answer: A
NEW QUESTION 40
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On- premise SAP S/4HANA solution? Please choose the correct answer.
- A. Faster innovation cycles
- B. Cloud platform compatibility
- C. Support for all industries
- D. Fuller integration to external systems
Answer: B
NEW QUESTION 41
You maintain a Launchpad for users to which role Z MANACC is assigned. What do you need to do make an app available on the users Launchpad?
- A. Add the app to a catalog and a group that are assigned to role Z MANACC
- B. Activate the OData Service for role Z MANACC which is assigned to the app according to the SAP Fiori apps reference library
- C. Assign the app directly to role Z MANACC
- D. Activate the user parameter for PFCG (role maintenance) for role Z MANACC
Answer: A
NEW QUESTION 42
You extend the coding block in the universal journal with a custom field. Which components can use this new field without requiring further customization? Note: There are 2 correct answers to this question.
- A. General ledger accounting
- B. Costing-based CO-PA
- C. Classic profit center accounting.
- D. Account-based CO-PA
Answer: A,B
NEW QUESTION 43
You notice alpha-numeric document numbers in the Universal journal that do not have a separate document header stored in the BKPF table. Which activities may lead to alpha- numeric document numbers? There are 2 correct answer to this question
- A. Corrections due to migrations
- B. Cross company code postings
- C. Settlement of investment orders
- D. balance carry forward
Answer: A,D
NEW QUESTION 44
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA?
Note: There are 2 correct answers to this question.
- A. It is available only for new installations.
- B. It will NOT have any valuation view assigned to the ledger.
- C. It requires a non-leading ledger for parallel valuations.
- D. It utilizes separate amount columns in the same ledger.
Answer: B,D
NEW QUESTION 45
......
SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Free Update Certification Sample Questions: https://www.actualtestsquiz.com/P-S4FIN-2020-test-torrent.html
