Weekend Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: best70

Dumpsbuddy Logo
  1. Home
  2. SAP
  3. SAP Certified Application Professional
  4. P_S4FIN_2020
  5. SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Questions and Answers
Note! SAP has retired the P_S4FIN_2020 Exam and replaced it with the P_S4FIN_2021 Exam. Contact us through Live Chat or email us for more information.

P_S4FIN_2020 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Questions and Answers

Questions 4

On which levels can you assign different technical clearing accounts for integrated acquisition in asset accounting. NOTE: There are 2 correct answers to this question

Options:

A.

Chart of accounts

B.

Transaction code

C.

Account determination

D.

Company code

Buy Now
Questions 5

Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA? There are 3 correct answer to this question.

Options:

A.

You cannot continue to use the consolidation staging ledger

B.

You must define valuation areas for foreign currency valuation

C.

You must use the accounts approach to parallel valuation

D.

You cannot configure and activate document splitting

E.

You must configure profit center and segment accounting

Buy Now
Questions 6

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

Options:

A.

Document type

B.

Valuation Area

C.

Accounting principle

D.

Currency type

Buy Now
Questions 7

What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question

Options:

A.

Actual revenue

B.

Standard cost of goods sold

C.

Incoming sales orders

D.

Actual cost component splits of goods sold

Buy Now
Questions 8

In your company code, you report on profit centre and segment level. You post a single invoice. What document splitting process does the system use to assign the correct profit centres and

Options:

A.

Document splitting inheritance

B.

Default account assignment

C.

Active document splitting

D.

Passive document splitting

Buy Now
Questions 9

In controlling, what is a mandatory customizing step when convening a system to SAP S/4HANA?

Options:

A.

Create document type for CO postings

B.

Define profit center hierarchy.

C.

Migrate the material ledger

D.

Activate account based CO-PA

Buy Now
Questions 10

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

Options:

A.

Extension

B.

Simulation

C.

Prediction and commitments

D.

Valuation

Buy Now
Questions 11

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

Options:

A.

Simplified data structure with new table structure

B.

Possibility of post-closing in the alternative valuation run (AVR)

C.

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

D.

Reduced number of steps in the calculation cockpit

Buy Now
Questions 12

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

Options:

A.

Takeover values are possible across all depreciation areas

B.

Depreciation areas must be assigned to the same accounting principles

C.

Only the depreciation area for book depreciation is assigned 00

D.

Only one depreciation area per chart of depreciation is assigned 00

Buy Now
Exam Code: P_S4FIN_2020
Exam Name: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
Last Update: Jul 13, 2025
Questions: 80