SAP P_S4FIN_2023 Exam Practice Test Instant Access

Question 1

What is the maximum number of currency types that you can report on for a ledger?

B10

C12

Answer : B

Question 2

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 3

What system configuration in your customer's current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?

AThe system does NOT use material ledger for actual costing.

BThe system uses classic asset accounting to manage fixed assets.

CThe customer does NOT use business partners to manage customers and suppliers

DThe customer uses the accounts approach for parallel accounting

Answer : B

Question 4

In which of the possible scenarios can you indicate that an account is also a statistical cost element?Note: There are 2 correct answers to this question.

AIt is used as WIP account from price differences in the material account assignment

BIt is used as balance sheet account for APC costsin fixed asset accounting.

CIt is used as inventory account (BSX) in the material account assignment.

DIt is used as special reserve balance account in fixed asset accounting.

Answer : A, B

Question 5

Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.

AImplementation of real-time integration of controlling to financial accounting

BImplementation of chart of accounts conversion

CImplementation of an additional standard ledger for parallel accounting

DImplementation of document splitting

Answer : C, D

Question 6

You create a G/L account and set the cost element category to 42 (assessment).In what table isthe cost element category updated?

ASKB1

BCSKA

CSKA1

DCSKB

Answer : D

Question 7

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

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