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P_S4FIN_2021 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) Questions and Answers

Questions 4

You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA.What does this mean? Note: There are 3 correct answers to this question

Options:

A.

Customizing is consistent.

B.

All error messages have been accepted.

C.

Customer Vendor Integration can start.

D.

All views are generated successfully.

E.

Only critical error messages have been accepted.

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Questions 5

What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

Options:

A.

A chart of depreciation

B.

A ledger account determination key

C.

An alternative depreciation area

D.

An accounting principle

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Questions 6

What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?

Options:

A.

Assign 2 or more ledgers to 1 accounting principle

B.

Assign 2 or more accounting principles to 1 valuation area

C.

Assign 2 or more accounting principles to the non-leading ledger

D.

Assign 2 or more accounting principles to the leading ledger

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Questions 7

Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

Options:

A.

Memo records

B.

Payment methods

C.

Record types

D.

Payment terms

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Questions 8

Which reports are included with SAP S/4HANA, embedded analytics? Note: There are 2 correct answers to this question.

Options:

A.

Analytical List Page reports

B.

Multidimensional reports

C.

SAP Lumira reports

D.

SAP Analysis for Microsoft Office reports

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Questions 9

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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Questions 10

In the standard delivery system, what isthe maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of goods sold?

Options:

A.

160

B.

120

C.

40

D.

100

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Questions 11

Your company code is configured with three depreciation areas that post in real time The

company is configured to update company code and group currency types. How many documents are

posted when you post a partial scrapping for a single depreciation area?

Options:

A.

3

B.

4

C.

2

D.

1

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Questions 12

Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this question.

Options:

A.

Convert all accounts of parallel valuations to reconciliation accounts

B.

Assign accounting principles to all real and derived depreciation areas.

C.

Define the document type for the accounting-principle-specific documents.

D.

Configure delta depreciation areas to no longer post to the general ledger

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Exam Code: P_S4FIN_2021
Exam Name: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)
Last Update: Apr 19, 2024
Questions: 80

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