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Updated Nov-2021 Pass P-S4FIN-1909 Exam - Real Practice Test Questions
P-S4FIN-1909 Exam Certification Details:
| Duration: | 180 mins |
| Exam: | 80 questions |
| Languages: | German, English |
| Level: | Professional |
| Sample Questions: | SAP P-S4FIN-1909 Exam Sample Question |
| Cut Score: | 61% |
SAP P-S4FIN-1909 Exam Description:
The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909)' certification exam validates a candidate's ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. The candidate should have experience in implementing Financial Accounting and Management Accounting of at least 5 years. In addition, the candidate should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA. Finally, the candidate will be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA. The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book including the notes), however the exam scope extends beyond what is explicitly within the content of the materials. In addition, the materials themselves assume an advanced level of familiarity with the implementation, configuration, and execution of SAP Finance business processes with the SAP ERP application. This certificate proves that the candidate has the overall understanding and skills required to be a qualified supervisor of the team performing the implementation of Financials in SAP S/4HANA. The candidate also has all required capabilities to act as an application consultant and team member himself/herself.
NEW QUESTION 43
You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but these field is currently, NOT available.
What could be the reasons for this behavior? Note: There are 2 correct answers to this question.
- A. The G/L account is NOT maintained in the account determination for materials management.
- B. The G/L account is NOT a reconciliation account type for assets.
- C. The G/L account is NOT maintained in the account determination for real-time integration with CO.
- D. The G/L account is NOT maintained in the account determination of fixed asset accounting.
Answer: A,D
NEW QUESTION 44
Which level does the cost element category get assigned on? Choose the correct answer.
- A. Controlling area
- B. Company code
- C. Chart of account
Answer: A
NEW QUESTION 45
How can financial data be stored in the SAP S/4HANA system tables? There are 2 correct answers to this question.
- A. There can be a line item added in BSEG without a corresponding line item in ACDOCA.
- B. There can be a line item in BSEG without a corresponding document in BKPF.
- C. There can be a line item in ACDOCA without a corresponding line item in BKPF.
- D. There can be a line item in ACDOCA without a corresponding line item in BSEG.
Answer: C,D
NEW QUESTION 46
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.
- A. You can assign more than 3 valuations to different ledgers, if you have enough ledgers defined.
- B. You can assign each valuation to a separate ledger.
- C. You can assign more than 3 valuations to the same ledger.
- D. You can assign profit center, group, and legal valuations to the same ledger.
Answer: B,D
NEW QUESTION 47
The classic Asset Accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new Asset Accounting using an accounts approach in SAP S/4HANA?
- A. The accounts approach must be replaced because the ledger approach is the only valid option.
- B. There is no need to use such offset accounts anymore because of real-time postings.
- C. The extra offset account has to be used as in the classic Asset Accounting.
- D. The extra offset account is obsolete and will be replaced by the technical clearing account.
Answer: D
NEW QUESTION 48
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 49
Where do you assign the customer and vendor account groups when preparing for integration with the business partner (BP)? There are 2 correct answers to this question.
- A. BP category.
- B. BP role.
- C. BP role group.
- D. BP grouping.
Answer: B,D
NEW QUESTION 50
What cost center planning process can write data directly to plan item table ACDOCP? Please choose the correct answer.
- A. Internal activity price calculation
- B. Formula planning with templates
- C. Manual planning of cost with workbook
- D. Manual planning of statistical key figures
Answer: C
NEW QUESTION 51
You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer posting to achieve this? There are 2 correct answers to this question.
- A. Transaction type.
- B. Depreciation area.
- C. Ledger group.
- D. Accounting principle.
Answer: C,D
NEW QUESTION 52
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 53
What happens during the migration activity Regenerate CDS Views and Field Mapping? Note: There are 2 correct answers to this question.
- A. The field mapping for the customer and vendor integration is created.
- B. The redirection of SELECT statements is generated.
- C. The customer-specific fields are included in the data migration procedure.
- D. The OData services for SAP Fiori integration are activated.
Answer: B,C
NEW QUESTION 54
Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.
- A. Aging
- B. Indexing
- C. Mirroring
- D. Archiving
Answer: A,D
NEW QUESTION 55
A document can have up to 999999 line items in the universal journal (reporting or G/L view). How does this affect the entry view (table BSEG)? Please choose the correct answer.
- A. It is limited to 999 line items.
- B. The entry view is also based on the universal journal.
- C. The system splits the single entry into multiple documents as required.
- D. It is extended to 999999 line items
Answer: A
NEW QUESTION 56
Which modules need to be updated when you migrate to SAP S/4HANA? There are 2 correct answers to this question.
- A. Collections Management (FIN-FSCM-COL)
- B. Credit Management (FI-AR-CR).
- C. Cash Management (FIN-FSCM-CLM).
- D. In-House Cash (FIN-FSCM-IHC).
Answer: B,C
NEW QUESTION 57
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question.
- A. Cost-based CO-PA can still be used in parallel.
- B. Historical data will be enriched with characteristics by derivation
- C. Characteristics will be added to the universal journal.
- D. Value fields will be added to the universal journal.
- E. Cost component split (COGS) can be configured in financial accounting
Answer: A,C,E
NEW QUESTION 58
You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation.
What are the critical steps for fixed assets? There are 3 correct answers to this question.
- A. Activate the new depreciation areas for the individual assets for the respective company codes.
- B. Update the depredation key for the new depreciation area.
- C. Activate the new depreciation areas for asset classes under the chart of depreciation.
- D. Manually recalculate depreciation for the new depreciation area.
- E. Update G/L accounts for the new depreciation area for the chart of depreciation.
Answer: C,D,E
NEW QUESTION 59
After the migration to SAP S/4HANA 1709, 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? Note: There are 2 correct answers to this question.
- 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 60
What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.
- A. Ownership model
- B. Exchange Rate model
- C. Consolidation model
- D. Source model
Answer: B,D
NEW QUESTION 61
Why is it necessary to migrate balances for Fl and CO?
- A. Because a delta between all line items and the balance of every account will be updated in the universal journal.
- B. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account.
- C. Because all balances from the past years are stored in the universal journal.
- D. Because the system displays an error if the sum of aggregated line items differs from the balance
Answer: A
NEW QUESTION 62
What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA 1809?
- A. Implement a new currency type.
- B. Replace the accounts approach with the ledger approach.
- C. Introduce document splitting
- D. Add an extension ledger.
Answer: A
NEW QUESTION 63
You are converting your system to SAP S/4HANA. In your system you have:Three company codes assigned to a single controlling areaControlling area is assigned to fiscal year variant K4.Two company codes assigned to fiscal year variant K2One company code assigned to variant K3. During conversion to SAP S/4HANA, what do you need to change?
- A. Change all company codes to fiscal year variant K4
- 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 and the controlling area to fiscal year variant K2.
Answer: A
NEW QUESTION 64
Where can you view the cost of goods sold (COGS) postings per cost component in CO-PA? Note: There are 3 correct answers to this question.
- A. Moving average COGS in account-based CO-PA
- B. Actual COGS (based on material ledger) in cost-based CO-PA
- C. Actual COGS (based on actual costing) in account-based CO-PA
- D. Standard COGS in account-based CO
- E. Standard COGS in cost-based CO-PA
Answer: B,D,E
NEW QUESTION 65
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 reconciliation ledger
Zero-balance clearing account - B. G/L account defined in real-time-integration CO-Fl
Zero-balance clearing account - C. G/L account defined in real-time-integration CO-Fl
Original cost account - D. Original cost account
Zero-balance clearing account
Answer: D
NEW QUESTION 66
What is One Exposure from Operations?
- A. It is a central data storage location that integrates data from Treasury and Risk Management, Cash and Liquidity Management Contract Accounting, and Financial Operations.
- B. It is an SAP Fiori app that shows all the exposures of the company to foreign currency risk and interest risk.
- C. It is an ABAP report that shows the risk if the liquidity of the company will NOT meet short-term financial demands with the current business Operation.
- D. it is a standalone SAP NetWeaver system that handles Cash Operations integration.
Answer: A
NEW QUESTION 67
What must you create before you can record commitments in the universal journal? Please choose the correct answer.
- A. Extension ledger
- B. Mapping for condition types
- C. CO version
- D. Non-leading standard ledger
Answer: A
NEW QUESTION 68
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