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Pass the SAP Certified Application Professional P_S4FIN_2021 Questions and answers with ExamsMirror

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Questions # 11:

Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this question.

Options:

A.

Convert all accounts of parallel valuations to reconciliation accounts

B.

Assign accounting principles to all real and derived depreciation areas.

C.

Define the document type for the accounting-principle-specific documents.

D.

Configure delta depreciation areas to no longer post to the general ledger

Questions # 12:

Which fields do you maintain when defining the source ledger for migration of balances?Note: There are 2 correct answers to this question.

Options:

A.

Source table

B.

Period

C.

Company code

D.

Year

Questions # 13:

Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis?

Options:

A.

Line items with technical numbers/ no deletion possible

B.

Standard journal entries

C.

Journal entries for valuation differences

D.

Line items with technical numbers/ deletion possible

Questions # 14:

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

Options:

A.

Assign 2 or more ledgers to 1 accounting principle

B.

Assign 2 or more accounting principles to 1 valuation area

C.

Assign 2 or more accounting principles to the non-leading ledger

D.

Assign 2 or more accounting principles to the leading ledger

Questions # 15:

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

Options:

A.

Central finance

B.

On premise

C.

Private cloud

D.

Public cloud

Questions # 16:

What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?

Options:

A.

New asset accounting is activated.

B.

Parallel ledgers are available.

C.

Period posting (ASKB) became obsolete.

D.

New depreciation engine is used.

Questions # 17:

In an SAP S/4HANA system, which of the following features is mandatory?

Options:

A.

Material ledger

B.

Parallel ledgers

C.

Actual costing

D.

Margin analysis

Questions # 18:

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?

Options:

A.

3

B.

4

C.

2

D.

1

Questions # 19:

What is the maximum number of currency types that you can report on for a ledger?

Options:

A.

3

B.

10

C.

12

D.

8

Questions # 20:

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

Options:

A.

A cost splitting profile in general ledger accounting

B.

A settlement profile to control the settlement of cost portions

C.

A collection of primary cost elements to receive the cost portions

D.

An extension ledger with type "Line items with technical numbers"

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