SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (P_S4FIN_2021) Practice Test

Questions # 21:

A document can have up to 999999 line items in the universal journal (reporting or G/L view).How does this affect the entry view table

Options:

It is still limited to 999 line items but you can configure summarization on certain criteria.

It is automatically extended to 999999 line items.

It is now a compatibility view without number restrictions.

It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required

Questions # 22:

On which levels can you assign semantic tags to a financial statement version in SAP Fiori?Note: There are 3 correct answers to this question.

Options:

Financial statement item

Functional area

Business area

G/L account

Segment

Questions # 23:

Which of the following is a prerequisite to activate takeover values between depreciation areas?

Options:

Takeover values are possible across all depreciation areas.

Only one depreciation area per chart of depreciation is assigned 00.

Depreciation areas must be assigned to the same accounting principles

Takeover values are no longer supported in SAP S/4HANA.

Questions # 24:

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?

Options:

First interval 3, then interval 2 if interval 3 is not maintained

First interval 3, then intervals 1&2 if interval 3 is not maintained

Only interval 3, no other intervals checked if interval 3 is not maintained

First interval 3, then interval 1 if interval 3 is not maintained

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