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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) Sample Questions:

1. Which business scenarios can be handled with accrual and deferral postings?
Please choose the correct answer
Response:

A) Monthly subscription to a financial newspaper
B) One-time payment for one-year cloud storage service
C) Monthly rent payments for an office building
D) One-time payment for fixing flooding damage

2. Which configuration can you use to define separate payment terms for the same terms of payment key?

A) Day limit
B) Company code
C) Country
D) Installment payment

3. For general ledger account posting, which one of the following standard posting keys is for debit?
Response:

A) 40
B) 31
C) 50
D) 01

4. True or False: If you maintain a single value for the retained earnings account, then for any P&L G/L account you create, the P&L statement account type is assigned automatically.

A) True
B) False

5. Which of the following parameters can be changed on a time-dependent basis?
Choose the correct answers.
Response:

A) Depreciation start date
B) Useful life (year or period)
C) Depreciation key
D) Variable depreciation portion

Solutions: