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

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

AThe valuation variant key

BThe posting period variant key

CThe number of posting and special periods

DThe fiscal year variant key

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

ALine items with technical numbers/ no deletion possible

BStandard journal entries

CJournal entries for valuation differences

DLine items with technical numbers/ deletion possible

Answer : A

Question 5

In an SAP S/4HANA system, which of the following features is mandatory?

AMaterial ledger

BParallel ledgers

CActual costing

DMargin analysis

Answer : A

Question 6

In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

ABetween two accounting principles

BBetween two company codes

CBetween two profit centers

DBetween two storage locations

Answer : B, C

Question 7

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

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