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Pass the SAP Certified Professional P_S4FIN_2023 Questions and answers with ExamsMirror

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Questions # 1:

Which modules read and write line items of the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

Options:

A.

Account-based profitability analysis

B.

Actual costing

C.

Cash management

D.

Costing-based profitability analysis

Questions # 2:

For which functionality is a productive material ledger a prerequisite ? Note: There are 2 correct answers to this question.

Options:

A.

Parallel update of the two types of profitability analysis

B.

Actual costing

C.

Actual activity price determination

D.

Parallel valuation for transfer pricing

Questions # 3:

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?

Options:

A.

4

B.

3

C.

1

D.

2

Questions # 4:

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 # 5:

What are some features of actual costing in SAP S/4HANA?Note: There are 2 correct answers to this question

Options:

A.

Selection of activity prices of other CO-versions in the standard run

B.

Simplified data structure with new table structure

C.

Reduced number of steps in the calculation cockpit

D.

Combined run for both standard and alternative valuations

Questions # 6:

On what level can you assign a fiscal year variant to a company code?

Options:

A.

Ledger group, for standard ledger type

B.

Ledger, for any type of ledger

C.

Ledger, forstandard ledger type

D.

Ledger group, for any type of ledger

Questions # 7:

What restrictions apply when a new currency is introduced for productive company codes and ledgers? Note: There are 2 correct answers to this question.

Options:

A.

Reconciliation for entities in asset accounting is NOT included.

B.

Archived data CANNOT be enriched with the new currency.

C.

New currency fields are NOT updated for existing data.

D.

Calculated values are NOT added to the ACDOCA.

Questions # 8:

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 # 9:

Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion .What settings must be made to ensure this? Note: There are 2 correct answers to this question

Options:

A.

Use internal number ranges in the customer and supplier account groups after the conversion

B.

Use internal number ranges in the BP groupings after the conversion

C.

Use external number ranges in the customer and supplier account groups for the conversion.

D.

Use external number ranges in the BP groupings for the conversion.

Questions # 10:

In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?

Options:

A.

Document splitting default account assignment

B.

Active document splitting

C.

Document splitting inheritance

D.

Passive document splitting

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