SAP P_S4FIN_2023 Exam Questions Instant Access

Question 1

Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA?Note: There are 3 correct answersto this question.

AClassic Credit Management

BCash Management

CAccrual Engine

DSpecial Purpose Ledger

ECosting-based CO-PA

Answer : A, D, E

Question 2

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 are

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

AThe system brings up an error message and rejectsthe change.

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

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

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

Answer : D

Question 3

What is the earliest point in time that the attributed profitability segments can be derived?

AWhen you assess the costs to margin analysis using the universal allocation

BWhen you run the top-down distribution in margin analysis

CWhen you settle the cost to margin analysis

DWhen you post the primary cost document to a WBS element

Answer : D

Question 4

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.

AFinancial statement item

BFunctional area

CBusiness area

DG/L account

ESegment

Answer : A, B, D

Question 5

A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this?Note: There are 2 correct answers to this question.

ASelect the Record Account Assignment indicator.

BEnter value 90 in the cost element category field.

CSet the G/L account type to Primary Costs or Revenue.

DDefine the G/L account as an asset reconciliation account.

Answer : A, D

Question 6

What do you configure to automatically create a vendor when you create a business partner?Note: There are 2 correct answers to this question.

AThe partner functions for vendors

BBusiness partner relationships

CThe customer/vendor integration interface

DThe business partner grouping key

Answer : C, D

Question 7

Which fields do you maintain when defining the source ledger for migration of balances?Note: There are 2 correct answers to this question.

ASource table

BPeriod

CCompany code

DYear

Answer : C, D

SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP P_S4FIN_2023 Exam Questions