SAP P_S4FIN_2023 Exam Practice Test Instant Access

Question 1

Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question.

ATop down distribution in margin analysis

BFI posting of primary costs to production order

CStock material consumption on project

DInternal activity allocation to sales order

Answer : A, B

Question 2

You post a payment to a supplier invoice. In the universal journal table, you see that more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? Note: There are 2 correct answers to this question.

AA non-leading ledger

BThe summarization in ACDOCA

CAn extension ledger

DZero balance indicator for profit center

Answer : B, C

Question 3

You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

ACost-based CO-PA can still be used in parallel.

BCharacteristics will be added to the universal journal.

CValue fields will be added to the universal journal.

DHistorical data will be enriched with characteristics by derivation

ECost component split (COGS) can be configured in financial accounting.

Answer : A, B, E

Question 4

You post an asset acquisition with a purchase order. How is the asset acquisition value posted?

AValuated acquisition is posted at settlement

BValuated acquisition is posted at invoice receipt.

CNon-valuated acquisition is posted at invoice receipt.

DNon-valuated acquisition is posted at goods receipt-

Answer : C

Question 5

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

AIt is still limited to 999 line items but you can configure summarization on certain criteria.

BIt is automatically extended to 999999 line items.

CIt is now a compatibility view without number restrictions.

DIt is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required

Answer : A

Question 6

What restrictions apply when a new currency is introduced for productive company codes and ledgers? Note: There are 2 correct answers to this question.

AReconciliation for entities in asset accounting is NOT included.

BArchived data CANNOT be enriched with the new currency.

CNew currency fields are NOT updated for existing data.

DCalculated values are NOT added to the ACDOCA.

Answer : A, B

Question 7

Which values are stored in the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

ATransfer prices

BActual costing results

CParallel currencies

DElimination of intercompany postings

Answer : A, C

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