SAP P_S4FIN_2023 Exam Questions Instant Access

Question 1

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 2

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 3

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 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

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 6

You are converting yoursystem to SAP S/4HAN

AIn yoursystem, you have:Three company codes assigned to a single controlling area. Controlling area is assigned to fiscal year variant K4. Two company codes assigned to fiscal year variant K2. One company code assigned to variant K3.During conversion to SAP S/4HANA, what do you need to change?

ACreate a new fiscal year variant (for example Z4) and assign it to all company codes and the controlling area.

BChange all company codes to fiscal year variant K4.

CChange all company codes to fiscal year variant K2.

DChange all company codes and the controlling area to fiscal year variant K2.

Answer : B

Question 7

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

ACustomizing is consistent.

BAll error messages have been accepted.

CCustomer Vendor Integration can start.

DAll views are generated successfully.

EOnly critical error messages have been accepted.

Answer : A, B, D

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