SAP P_S4FIN_2023 Exam Practice Test Instant Access

Question 1

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 2

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 3

A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this?Note: There are 2 correct answers to this question.

ASelect the Record Account Assignment indicator.

BEnter value 90 in the cost element category field.

CSet the G/L account type to Primary Costs or Revenue.

DDefine the G/L account as an asset reconciliation account.

Answer : A, D

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

What cost center planning process can write data directly to plan item table ACDOCP?

AInternal activity price calculation

BPlanning in SAP Analytics Cloud

CManual planning of statistical key figures

DFormula planning with templates

Answer : C

Question 6

Which fields do you maintain when defining the source ledger for migration of balances?Note: There are 2 correct answers to this question.

ASource table

BPeriod

CCompany code

DYear

Answer : C, D

Question 7

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

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