SAP P_S4FIN_2023 Exam Practice Test Instant Access

Question 1

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 2

Which data is converted during an SAP S/4HANA standard conversion?

AOnly company codes and years selected in the customizing for migration

BOnly company codes selected in the customizing for migration for all the years

CAll company codes for the years you specify

DAll company codes with all data of all years

Answer : D

Question 3

What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.

AActual depreciations of all depreciation areas that are set to post depreciation periodically

BActual depreciations of the controlling depreciation area used for management valuations

CAcquisition and production cost values of all depreciation areas that are assigned to an accounting principle

DAcquisition and production cost values of all depreciation areas that are defined as real depreciation areas

Answer : A, C

Question 4

Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion project? Note: There are 3 correct answers to this question.

ACustom Code Check

BGlobal Performance Analysis

CAuthority Check

DSAP Readiness Check

ESimplification Item-Check

Answer : A, D, E

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

On what level can you assign a fiscal year variant to a company code?

ALedger group, for standard ledger type

BLedger, for any type of ledger

CLedger, forstandard ledger type

DLedger group, for any type of ledger

Answer : B

Question 7

In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?

ADocument splitting default account assignment

BActive document splitting

CDocument splitting inheritance

DPassive document splitting

Answer : B

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