SAP Certification P_S4FIN_2021 Exam Material

dumps2023-05-24T10:24:18+08:00

SAP Certified Application Professional P_S4FIN_2021 exam information is helpful for you to study the test. In real SAP P_S4FIN_2021 exam, there are 80 questions, and you have 180 minutes to finish the test. The cut score of SAP P_S4FIN_2021 exam is 55%. The available language is English. We provide the latest SAP Certification P_S4FIN_2021 exam material, which is valid in the preparation. Free SAP Certified Application Professional P_S4FIN_2021 exam material is below.

Page 1 of 3

1. What cost center planning process can write data directly to plan item table ACDOCP?

Internal activity price calculation

Planning in SAP Analytics Cloud

Manual planning of statistical key figures

Formula planning with templates

2. What can you do with SAP S/4HANA Accrual Management?

Post planned accrual amounts in table ACDOCP and analyze them in reports.

Automatically calculate accruals for purchase orders with posted valuated goods receipt.

Automatically calculate accruals for asset acquisitions (direct capitalization) with purchase orders.

Post and analyze accruals in all currencies defined for the general ledger.

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

New asset accounting is activated.

Parallel ledgers are available.

Period posting (ASKB) became obsolete.

New depreciation engine is used.

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

Line items with technical numbers/ no deletion possible

Standard journal entries

Journal entries for valuation differences

Line items with technical numbers/ deletion possible

5. 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?

Document splitting default account assignment

Active document splitting

Document splitting inheritance

Passive document splitting

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

Account-based profitability analysis

Actual costing

Cash management

Costing-based profitability analysis

7. A fixed asset is to be posted in the new fiscal year.

Which closing activity must be carried out for this?

Depreciation for the new year must be recalculated (transaction AFAR).

All depreciation (transaction AFAB) up to that point must be posted.

Fiscal year change program must have been executed (transaction FAA_CMP).

All APC values must have been posted using report "Periodic Asset Postings".

8. What system configuration in your customer's current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?

The system does NOT use material ledger for actual costing.

The system uses classic asset accounting to manage fixed assets.

The customer does NOT use business partners to manage customers and suppliers

The customer uses the accounts approach for parallel accounting

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

Central finance

On premise

Private cloud

Public cloud

10. How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? Note: There are 2 correct answers to this question.

You can assign each valuation to a separate ledger.

You can assign additional valuations to separate accounts.

You can assign additional valuations to the extension ledgers.

You can assign profit center, group, and legal valuations to the same ledger.

Page 2 of 3

11. Your customer has created a custom ABAP report in an SAP ERP system based on totalstable GLTO.

How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?

The table GLTO has been removed and replaced by a compatibility view.

The table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view.

The table GLTO has been kept but a compatibility view has been generated to read its content.

The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.

12. 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.

Financial statement item

Functional area

Business area

G/L account

Segment

13. Which technologies help you decrease data volume in the SAP HANA database? Note: There are 2 correct answers to this question.

Indexing

Storing

Archiving

Aging

14. What setting must be identical between the company code and controlling area?

The valuation variant key

The posting period variant key

The number of posting and special periods

The fiscal year variant key

15. You are converting your system to SAP S/4HANA. In your system, you have: Three company codes assigned to a single controlling area. Controlling area is assigned to fiscal year variant K4. Two company codes assigned to fiscal year variant K2. One company code assigned to variant K3.

During conversion to SAP S/4HANA, what do you need to change?

Create a new fiscal year variant (for example Z4) and assign it to all company codes and the controlling area.

Change all company codes to fiscal year variant K4.

Change all company codes to fiscal year variant K2.

Change all company codes and the controlling area to fiscal year variant K2.

16. You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles.

How can you set this up in the system?

Define two valuation methods and assign the accounting principles to the new valuation methods

Define a valuation area and an accounting principle with relevant links to ledgers.

Define two valuation areas and two accounting principles with relevant links to ledgers.

Define a valuation area and ledger group for two ledgers to link with the new valuation area

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

18. What is posted at the same time to both account-based and costing-based profitability analysis? Note: There are 2 correct answers to this question.

Actual revenue

Incoming sales orders

Standard cost of goods sold

CO-PA valuated insurance costs

19. Which values are stored in the universal journal (ACDOCA)? Note: There are 2 correct answers to this question.

Transfer prices

Actual costing results

Parallel currencies

Elimination of intercompany postings

20. You want to create a balance sheet and profit & loss statement on segment level.

Which steps do you need to take in the system? Note: There are 2 correct answers to this question.

Set the zero balance indicator.

Define a PA transfer structure.

Define a clearing account.

Assign a segment to all G/L accounts

Page 3 of 3

21. In which of the possible scenarios can you indicate that an account is also a statistical cost element? Note: There are 2 correct answers to this question.

It is used as WIP account from price differences in the material account assignment

It is used as balance sheet account for APC costsin fixed asset accounting.

It is used as inventory account (BSX) in the material account assignment.

It is used as special reserve balance account in fixed asset accounting.

22. Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.

Currency type

Accounting principle

Document type

Valuation area

23. You want to set up a multi-level gross margin report in profitability analysis (CO-PA).

What do you customize to report the fixed and variable values separately? Note: There are 2 correct answers to this question.

Margin analysis: no specific customizing is necessary

Costing-based CO-PA: no specific customizing is necessary

Margin analysis: assign different accounts (assignment of different accounts is necessary)

Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)

24. In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company code 1010.In a second step, you change this account to cost element category "43" in company code 1750, which is assigned to the same controlling area.

What is the effect in the system when you save this account?

The system brings up an error message and rejectsthe change.

The cost element category is different in the two company codes.

The cost element category in the account is changed back to "42" for company code 1750.

The cost element category in the account is changed for both company codes

SAP Certification P_S4FIN_2021 Exam Material

SAP Certification P_S4FIN_2021 Exam Material

Share this post

Leave a Reply Cancel reply

Related Posts