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NEW QUESTION # 49
General Ledger Accounting
"What items are NOT cleared by the automatic clearing program?
Note: There are 3 correct answers to this question."
- A. Statistical postings
- B. Items with sales and use tax
- C. Noted items
- D. Items with withholding tax
- E. Items with value-added tax
Answer: A,B,D
NEW QUESTION # 50
What are the features of the Accrual Engine in SAP S/4HANA?
Note: There are 2 correct answers to this questions.
- A. All currencies of the general ledger are supported.
- B. Accrual postings with a maximum of two line items are supported.
- C. The fiscal year variant of the general ledger is supported.
- D. All accrual calculations must be reviewed and approved before posting.
Answer: A,C
NEW QUESTION # 51
Asset Accounting
"You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Whih setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copies over when you create new asset master vai copy?"
- A. Remove the reference indicator
- B. Remove the subnumber indicator
- C. Remove the main asset indicator
- D. Remove the asset class indicator
Answer: A
NEW QUESTION # 52
Which parameters can you specify directly when you create a new correspondence type?
Note: There are 3 correct answers to this questions.
- A. Company code required
- B. Account required
- C. Reason code required
- D. Document number required
- E. Number of date fields requied
Answer: A,B,E
NEW QUESTION # 53
You are a group cash manager interested in the North American business market What ate the personalization options available to you in SAP Fiori?
Note: There are 2 correct answers to this questions.
- A. You can manage user access to relevant apps for your team without help from an administrator
- B. You can adapt the launchpad color theme according to predefined values for the cash report
- C. You can create a title group with all the apps required for you daily business for easy access
- D. You can create a title to take you directly to the cash position of the North America business market
Answer: A,D
NEW QUESTION # 54
You must run the foreign currency valuation for both US GAAP and IFRS. which leads to different values for the two different accounting principles.
How can you set this up in the system?
- A. Define two valuation methods and assign the accounting principles to the new valuation methods
- B. Define two valuation area and assign and two extension ledgers with relevant links to accounting principles
- C. Define two valuation methods and assign the ledger groups to the new valuation methods
- D. Define two valuation area and assign and two accounting principles with relevant links to ledgers
Answer: A
NEW QUESTION # 55
"Organizational Assignments and Process Integration "
What is the recommended organizational unit for cost of sales accounting?
- A. Profitability Segment
- B. Functional Area
- C. Profit center
- D. Controlling area
Answer: B
NEW QUESTION # 56
Which fields of a financial accounting document influence the automatic payment program?
Note: There are 3 correct answers to this questions.
- A. Payment method
- B. Baseline date
- C. Term of payment
- D. Payment type
- E. Payment transaction
Answer: A,C,E
NEW QUESTION # 57
How can you create an asset under construction?
Note: There are 2 correct answers to this questions.
- A. Automatically, when setting capex cost from a WBS element
- B. Manually (transaction AS01), using a specific asset class
- C. Automatically, when creating an investment measure
- D. Automatically, when setting capex cost from an internal order
Answer: A,C
NEW QUESTION # 58
Financial Closing
"Which closing activities are performed for external reporting as per SAP best practices?
Note: There are 2 correct answers to this question."
- A. Perform valuations of open items in foreigh currency.
- B. Run pla assessment cycles for profit centers.
- C. Update product cost estimates with standard prices.
- D. Regroup receivables and payables on the balance sheet.
Answer: A,D
NEW QUESTION # 59
You are configuring asset-related posting of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation.
Which of the following setting would lead to an error?
- A. Area posts not post
- B. Area posts depreciation only
- C. Area posts APC immediately, depreciation periodically
- D. Area posts in real time
Answer: C
NEW QUESTION # 60
Financial Closing
"You post a purchase order
For which expenses does the system calculate accruals?
Note: There are 2 correct answers to this question"
- A. Consulting services
- B. Raw material purchases
- C. Insurance premiums
- D. Fixed Asset purchases
Answer: B,D
NEW QUESTION # 61
General Ledger Accounting
"You want to configure the tax calculation procedures. What are the main elements you need to define? Note:
There are 3 correct answers to this question"
- A. Sequence of steps
- B. Tax code
- C. Tax category
- D. Condition type
- E. Account key
Answer: C,D,E
NEW QUESTION # 62
General Ledger Accounting
"What are the characteristics of a company in SAP S/4HANA?
Note: There are 2 correct answers to this question."
- A. It can be assigned to a company code.
- B. It is considered for consolidation.
- C. It represents separate areas of operation within an organization.
- D. It is responsible for costs and revenues within an organization.
Answer: A,B
NEW QUESTION # 63
General Ledger Accounting
"Which prerequisites must be fulfilled to allow fot negative posting of journal entry?
Note: There are 2 correct answers to this question"
- A. The company code must allow negative postings.
- B. The reversal reason must be configured to allow nagative postings.
- C. The reversal acccount must be configured to allow nagative postings.
- D. The posting key must allow nagative postings.
Answer: A,B
NEW QUESTION # 64
"Organizational Assignments and Process Integration "
"Which steps are required to create a substitution in Financial Accounting?
Note: There are 3 correct answers to this question."
- A. Select the correct call-up point.
- B. Assign the substitution rule to the controlling area.
- C. Define the substitution rule with its different steps using the formula editor.
- D. Specify an authorization group.
- E. Select activation level 2.
Answer: B,D,E
NEW QUESTION # 65
Accounts Payable & Accounts Receivable
"What you can control with the reason code in Accounts Receivable?
Note: There are 3 correct answers to this question."
- A. The type of payment notice sent to customer.
- B. The special G/L indicator for the down payment
- C. The exclusing of disputed residual items from credit limit checks.
- D. The account where a residual item is posted.
- E. The document type of the payment.
Answer: A,C,D
NEW QUESTION # 66
You are configuring asset-related postings of depreciation areas in Asset Accounting. Which of the following settings is "NOT" permitted?
- A. Area posts revaluation only
- B. Area posts depreciation only
- C. Area posts in real time
- D. Area does not post
Answer: A
NEW QUESTION # 67
Accounts Payable & Accounts Receivable
Which business partner characteristic is mapped to the customer and supplier account groups?
- A. Business partner account group
- B. Business partner type
- C. Business partner grouping
- D. Business partner role
Answer: A
NEW QUESTION # 68
For which account can you perform account clearing in SAP S4/HANA?
- A. For any account that is managed on an open item basis
- B. For any account that can be posted in foreign currency
- C. For any G/L account defined as a reconciliation account
- D. For any balance sheet account managed on a line item basis
Answer: C
NEW QUESTION # 69
You need to post customer invoice though an interface with a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system.
How do you define the document number range
- A. You must use external number assignment
- B. You can use internal or external number assignment
- C. You can use internal or external number assignment, but only if it is continuous
- D. You must use internal number assignment
Answer: A
NEW QUESTION # 70
What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise) Note: There are 3 correct answers to this questions.
- A. Code line
- B. User experience
- C. Configuration options
- D. Data model
- E. Upgrade intervals
Answer: A,B,D
NEW QUESTION # 71
Financial Closing
What is the order of configuration within SAP Financial Closing Cockpit?
- A. Create task list, release task list, define dependencies, create template, create tasks
- B. Define dependencies, create template, create tasks, create task list, release task list
- C. Create template, create tasks, define depedencies, create task list, release task list
- D. Create template, create task list, create tasks, define dependencies, release task list
Answer: C
NEW QUESTION # 72
Accounts Payable & Accounts Receivable
"Which parameters can you specify directly when you create a new correspondence type?
Note: There are 3 correct answers to this question."
- A. Document number required
- B. Number of date fields required
- C. Company code required
- D. Account required
- E. Reason code required
Answer: A,B,D
NEW QUESTION # 73
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