SAP P_S4FIN_2020 Exam Practice Test Instant Access

Question 1

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

ASAP Analysis for Microsoft Office reports

BAnalytical list page reports

CMultidimensional reports

DSAP Lumira reports

Answer : B, C

Question 2

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

ABetween two profit centres

BBetween two accounting principles

CBetween two plants

DBetween two company codes

Answer : A, D

Question 3

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.

ADocument type

BValuation Area

CAccounting principle

DCurrency type

Answer : B, C

Question 4

For which functionality is a productive material ledger a prerequisite?

AParallel currencies in the universal journal

BActual activity price determination

CParallel valuation for transfer pricing

DActual costing

Answer : A, D

Question 5

Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset

Accounting?

There are 3 correct answers to this question.

AClose all fiscal years except the current one

BDefine depreciation area for all currency types

CActivate Enterprise Extension EA-FIN

DDefine a technical clearing account for integrated acquisitions

EAssign accounting principle to all depreciation areas

Answer : A, B, C

Question 6

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

ACentral finance

BCloud single-tenant

COn Premise

DCloud multi-tenant

Answer : C

Question 7

Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLTO. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?

AThe entries of the table are converted into column store

BThe content of the table is deleted and compatibility view is generated

CThe balances of the table are posted as additional line items in the universal journal.

DThe table is treated as a transient provider using BW query functionality

Answer : B

SAP P_S4FIN_2020 SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Exam Practice Test