SAP P_S4FIN_2023 Exam Questions Instant Access

Question 1

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

AMigrate the material ledger.

BConfigure accounts for COGS split.

CCreate document type for CO postings.

DActivate attributed profitability analysis

Answer : D

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

AActual revenue

BIncoming sales orders

CStandard cost of goods sold

DCO-PA valuated insurance costs

Answer : A, B

Question 4

Which settings are allowed for open item management for the GR/IR account? Note: There are 2 correct answers to this question.

AReconciliation account

BClassic open item management

CExtended open item management

DLedger specific open item management

Answer : A, B

Question 5

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.

ASet the zero balance indicator.

BDefine a PA transfer structure.

CDefine a clearing account.

DAssign a segment to all G/L accounts

Answer : A, C

Question 6

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?

Answer : C

Question 7

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

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