Actual4Exams P-S4FIN-2020 Dumps PDF - 100% Passing Guarantee
P-S4FIN-2020 Braindumps Real Exam Updated on Jan 25, 2022 with 82 Questions
NEW QUESTION 38
Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?
- A. The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed.
- B. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.
- C. The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES
- D. The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).
Answer: B
NEW QUESTION 39
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?
- A. Cloud platform compatibility
- B. Support for all industries
- C. Fuller integration to external systems
- D. Faster innovation cycles
Answer: D
NEW QUESTION 40
You use document splitting and post an incoming invoice via a cost center to segment A.
You then use the Manual Reposting 01 Costa (KB11N) transaction to Repost the expense to segment B.
What happens to the segment assigned to the supplier line item in the original invoice posting?
- A. The open item is assigned to segment B through reclassification at month end.
- B. The open item is assigned to segment B automatically with the CO reposting.
- C. The open item remains on segment A.
- D. The open item is assigned to segment B when the invoice is paid.
Answer: C
NEW QUESTION 41
You want to set up a multi-level gross margin report in profitability analysis (CO-PA). What do you customize to reopen the fixed and variable values separately? 2 correct questions
- A. Account-based CO-PA: no specific customizing is necessary
- B. Costing-based CO-PA: no specific customizing is necessary
- C. Account-based CO-PA:assign different accounts(assignment of different accounts is necessary)
- D. Costing-based CO-PA: assign different value fields (assignment of different value fields in necessary)
Answer: C,D
NEW QUESTION 42
Which modules read and write line items of the universal journal (ACDOCA)? There are 3 correct answer to this question.
- A. Material ledger with actual costing
- B. Costing-based profitability analysis
- C. Cash management
- D. Public sector management
- E. Account-based profitability analysis
Answer: C,D,E
NEW QUESTION 43
What do you configure to enable the automatic creation of a vendor when you create a business partner? There are 2 correct answers to this question.
- A. The incoterms for vendors
- B. The customer/vendor integration interface
- C. The business partner grouping key
- D. The partner functions for vendors
Answer: B,C
NEW QUESTION 44
In your system. You are creating a new company code that requires as additional standard ledger. Which statements apply to a standard ledger? There are 2 correct answer to this question.
- A. If asset accounting is used, a depreciation area must be assigned.
- B. It will generate additional line items in ACDOCA for non-ledger-specific postings.
- C. It must be assigned to an underlying ledger.
- D. It is always active on the system level for all company codes.
Answer: A,B
NEW QUESTION 45
Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question.
- A. Employees
- B. Banks
- C. Distribution channels
- D. Suppliers
- E. Bank accounts
Answer: A,B,D
NEW QUESTION 46
Where can you find the automatic write-off program to close unpaid customer balances?
- A. Dispute Management
- B. Collections Management
- C. Treasury Operations
- D. Accounts Receivable
Answer: A
NEW QUESTION 47
What is the maximum number of currency types that you can report on for a Ledger?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 48
After the migration to SAP S/4HANA 1809, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator. What might be the cause of this?
- A. Before the migration, the company code was NOT linked to a controlling area.
- B. The controlling area linked to the company code was defined with currency type 20.
- C. Before the migration, the company code did NOT have any parallel currencies defined.
- D. Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.
Answer: B,C
NEW QUESTION 49
You create a new G/L account. Which G/L account type can you assign? There are 2 correct answer to this question.
- A. Internal Activity Costs
- B. Primary Costs or Revenue
- C. Assessment Costs
- D. Secondary Costs
Answer: B,D
NEW QUESTION 50
What must always be activated after the installation of SAP S/4HANA?
- A. Profit center accounting
- B. Credit management
- C. Transfer prices
- D. Material ledger
Answer: D
NEW QUESTION 51
What are the earliest point in time that the attributed profitability segments can be derived? Please choose the correct answer.
- A. When you run the realignment in profitability analysis
- B. When you run the results analysis for cost objects
- C. When you settle the cost to profitability analysis
- D. When you post the primary cost document
Answer: D
NEW QUESTION 52
For which functionality is a productive material ledger a prerequisite?
- A. Actual costing
- B. Parallel currencies in the universal journal
- C. Actual activity price determination
- D. Parallel valuation for transfer pricing
Answer: A,B
NEW QUESTION 53
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. On Premise
- B. Cloud single-tenant
- C. Central finance
- D. Cloud multi-tenant
Answer: A
NEW QUESTION 54
Your customer wants to convert their SAP ERP classic general ledger to SAP S/4HANA. What system configuration options are available for the customer within the converted system? There are 2 correct answers to this question.
- A. Implementation of chart of accounts conversion
- B. Implementation of additional ledgers for parallel accounting
- C. Implementation of document splitting
- D. Implementation of additional currency type
Answer: B,C
NEW QUESTION 55
You select the configuration option Set Migration to complete in the conversion of Accounting to SAP S/4HANA.
What does this mean?
There are 3 correct answers to this question
- A. Customizing is consistent
- B. All error messages have been accepted
- C. The previous year can be reopened
- D. All views are generated successfully
- E. Migration for logistics can begin
Answer: A,B,D
NEW QUESTION 56
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. Standard ledgers
- D. Ledger groups
- E. Valuation areas (FI)
Answer: B,D,E
NEW QUESTION 57
You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the data posted to these company codes is no longer legally equied. How do you handle these company codes?
- A. Migrate all company codes of the client.
- B. Migrate all company codes you selected in customizing.
- C. Migrate all company codes flagged as productive.
- D. Archive all data from unused company codes.
Answer: A
NEW QUESTION 58
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA?
Note: There are 2 correct answers to this question.
- A. It utilizes separate amount columns in the same ledger.
- B. It is available only for new installations.
- C. It will NOT have any valuation view assigned to the ledger.
- D. It requires a non-leading ledger for parallel valuations.
Answer: A,C
NEW QUESTION 59
You migrate 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? Note: There are 3 correct answers to this question.
- A. Activate new Asset Accounting.
- B. Perform G/L customizing for migration.
- C. Post required documents in FI and CO.
- D. Run balance sheets and G/L account balances.
- E. Start the RAPERB2000 asset report.
Answer: C,D,E
NEW QUESTION 60
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? There are 2 correct answers to this question.
- A. Define a clearing account
- B. Assign a segment to all G/L accounts
- C. Define a PA transfer structure
- D. Set the zero-balance indicator
Answer: A,D
NEW QUESTION 61
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P-S4FIN-2020 Exam Certification Details:
| Exam: | 80 questions |
| Level: | Associate |
| Duration: | 180 mins |
| Cut Score: | 60% |
| Sample Questions: | SAP P-S4FIN-2020 Exam Sample Question |
| Languages: | English |
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