SAP P_S4FIN_2023 Exam Practice Test Instant Access

Question 1

You want to sell products from stock. What do you need to maintain before you can analyze the cost of goods sold (COGS) subdivided by cost components in account-based CO-PA? Note: There are 2 correct answers to this question

AA cost splitting profile in general ledger accounting

BA settlement profile to control the settlement of cost portions

CA collection of primary cost elements to receive the cost portions

DAn extension ledger with type 'Line items with technical numbers'

Answer : A, C

Question 2

A fixed asset is to be posted in the new fiscal year. Which closing activity must be carried out for this?

ADepreciation for the new year must be recalculated (transaction AFAR).

BAll depreciation (transaction AFAB) up to that point must be posted.

CFiscal year change program must have been executed (transaction FAA_CMP).

DAll APC values must have been posted using report 'Periodic Asset Postings'.

Answer : C

Question 3

Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

AThe financial statement version for both types of ledgers

BThe fiscal year variant for the standard ledger

CThe valuation view for the extension ledger

DThe posting period variant for the extension ledger

Answer : B, D

Question 4

What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

AA chart of depreciation

BA ledger account determination key

CAn alternative depreciation area

DAn accounting principle

Answer : C, D

Question 5

In what system is it required to perform all system conversion steps to identify and solve conversion errors?

AProduction

BQuality Assurance

CSandbox

DDevelopment

Answer : B

Question 6

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

ACentral finance

BPrivate cloud

CPublic cloud

DOn premise

Answer : A

Question 7

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

ACentral finance

BOn premise

CPrivate cloud

DPublic cloud

Answer : B

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