SAP Certified Application Professional P-S4FIN-2021 Dumps | Updated Oct 07, 2022 - LatestCram
Master 2022 Latest The Questions SAP Certified Application Professional and Pass P-S4FIN-2021 Real Exam!
NEW QUESTION 85
What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation?
- A. Post Goods Receipt for inbound Delivery
- B. Confirm Receipt of Goods
- C. Reconcile GR/IR accounts
- D. Business Reconciliation Report
Answer: C
NEW QUESTION 86
You your first sandbox migration and get a lot of errors. How are errors in an SAP S/4HANA migration handled? There are 2 correct answer to this question.
- A. Critical errors must be resolver in the production system before Go-live
- B. All errors must be corrected during migration to complete it
- C. All errors related to the close years can be ignored
- D. Errors must be clarified and uncritical errors must be ignored
Answer: A,B
NEW QUESTION 87
In the standard delivery system, what is the maximum of components you can use for the primary
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION 88
In your SAP S/4HANA system, When does a document posted in controlling become Visible in financial accounting?
- A. When FI account assignments (such as the segment) change
- B. When document splitting is active for the company code
- C. When any primary and secondary cost and revenue accounts are posted
- D. When real-time integration is active for the company code
Answer: C
NEW QUESTION 89
Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question.
- A. Commitments
- B. Variances to work in process values
- C. Split of cost of goods sold according to the cost component split
- D. Statistical sales conditions
Answer: C,D
NEW QUESTION 90
Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.
- A. Indexing
- B. Aging
- C. Archiving
- D. Mirroring
Answer: B,C
NEW QUESTION 91
Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?
- A. G/L account defined in real-time-integration CO-FI Zero-balance clearing account
- B. Original cost account Zero-balance clearing account
- C. G/L account defined in reconciliation ledger Zero-balance clearing account
- D. G/L account defined in real-time-integration CO-FI Original cost account
Answer: B
NEW QUESTION 92
Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables?
Note: There are 2 correct answers to this question
- A. ACDOCP is an isolated table.
- B. ACDOCP is a table with delta mechanism.
- C. ACDOCP derives data from ACDOCA.
- D. ACDOCP is a cluster table.
Answer: A,B
NEW QUESTION 93
Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question
- A. Bank accounts
- B. Banks
- C. Employees
- D. Distribution channels
- E. Suppliers
Answer: B,C,E
NEW QUESTION 94
How many digits for the amount field on the financial document line item level are supported in the universal journal?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 95
In which of the possible scenarios can you indicate that an account is also a statistical cost elements? There are 2 correct answer to this question.
- A. It is used a work in progress (WIP) inventory account in the material account assignment
- B. It is used as balance sheet account in fixed asset accounting
- C. It is used as special reserve balance account in fixed asset accounting
- D. It is used as inventory account in the material account assignment
Answer: A,B
NEW QUESTION 96
What do you manage within cash operations of SAP Cash Management? Note: There are 2 correct answers to this question.
- A. Bank risk analysis and risk mitigation
- B. Hedging and hedging contracts
- C. Daily cash position, deficits, and surpluses
- D. Credit limits for customer accounts
Answer: A,C
NEW QUESTION 97
The ACDOCA table has a 6-digit field for document line numbers. However, CO documents updating the COEP table are still limited to 999 lines. How does SAP S/4HANA handle large line item numbers when updating the CO documents?
- A. It no longer assigns CO-specific document numbers.
- B. It creates a new document when there are more than 999.999 lines
- C. It creates a new document when there are more than 999 lines.
- D. It outputs an error message when there are more than 999 lines.
Answer: C
NEW QUESTION 98
You convert a system from SAP ERP with classic G/L to SAP S/4HANA.
Which activities must you perform in the productive SAP S/4HANA system before the software is installed? There are 2 correct answers to this question.
- A. Start the RAPERB2000 asset report.
- B. Run balance sheet and G/L account balances reporting.
- C. Perform G/L customizing for migration.
- D. Activate new Asset Accounting.
Answer: A,B
NEW QUESTION 99
What are some features of actual costing in SAP S/4 HANA? There are 2 correct answer to this question
- A. Possibility of post-closing in the alternative valuation run (AVR)
- B. Simplified data structure with new table structure
- C. Selection of activity prices of other CO-versions in the standard run
- D. Reduced number of steps in the calculation cockpit
Answer: B,D
NEW QUESTION 100
How data is converted during an SAP S/4HANA standard conversions?
- A. Only company codes flagged as productive with all years
- B. All company codes with all data of all years
- C. All company codes for the years you specify
- D. Only company codes and years selected in the customizing for migration
Answer: B
NEW QUESTION 101
Cost of goods sold (COGS) split functionality is available in account-based CO-PA.
Which settings are necessary? Note: There are 2 correct answers to this question.
- A. The corresponding cost elements must exist in the chart of accounts.
- B. Characteristic values and characteristic groups must be maintained
- C. Operating concern currency must be determined.
- D. Cost elements must be mapped to cost components
Answer: A,D
NEW QUESTION 102
What conversion preparation step can be executed only after installing SAP S/4HANA? Please choose the correct answer.
- A. SAP readiness check
- B. Maintenance planner
- C. Simplification item check
- D. Check customizing settings prior to migration
Answer: D
NEW QUESTION 103
You are performing a system conversion for a customer that uses classic general ledger with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values? There are 3 correct answers to this question.
- A. Document types
- B. Accounting Principles
- C. Valuation Areas (FI)
- D. Standard ledgers
- E. Ledger Groups
Answer: B,C,E
NEW QUESTION 104
Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.
- A. Transfer Prices
- B. Parallel currencies
- C. Actual costing results
- D. Plan data
Answer: A,B
NEW QUESTION 105
You are converting your system to SAP S/4HANA. In your system 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?
- A. Change all company codes and the controlling area to fiscal year variant K2
- B. Change all company codes to fiscal year variant K2
- C. Change the controlling area to fiscal year variant K3.
- D. Change all company codes to fiscal year variant K4
Answer: D
NEW QUESTION 106
Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion?
- A. transfer prices
- B. Additional FI Currency
- C. Account-based CO-PA
- D. Document Splitting
Answer: C
NEW QUESTION 107
Which transaction types can be restricted to depreciation areas in new Asset Accounting? Note: There are 2 correct answers to this question.
- A. Retirements
- B. Investment support
- C. Transfers
- D. Revaluation and new valuation
Answer: B,D
NEW QUESTION 108
......
A fully updated 2022 P-S4FIN-2021 Exam Dumps exam guide from training expert LatestCram: https://www.latestcram.com/P-S4FIN-2021-exam-cram-questions.html
