SAP Certified Application Associate - SAP S/4HANA for Financial

Accounting Associates - Full

You got 47 of 80 possible points.

Your score was: 59 %

Question Results

Question: Score 0 of 1

What is the recommended organizational unit for cost-of-sales accounting?

Please choose the correct answer

Response:

Business area

Functional area

Sales area

Controlling area

Question: Score 0 of 1

You are asked to explain the assets under construction functionality in SAP S/4HANA.
What should you highlight?
There are 2 correct answers to this question.

Response:

It is possible to calculate and post depreciation in the balance sheet depreciation area for
assets under construction.

It is possible to post credit memos, even after assets under construction are fully capitalized.

It is possible to post special tax depreciation and investment support for assets under
construction.

It is impossible to use assets under construction with Investment Management.

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Question: Score 1 of 1

Which of the following is an example of an automatic offsetting entry?

Please choose the correct answer.

Response:

Bank posting of a received down payment

Posting of a guarantee of payment

Down payment request

Question: Score 0 of 1

You want to define a validation for the combination of general ledger account and cost
center. For which call-up point do you define this validation?
Please choose the correct answer.

Response:

Document header

Document line

Complete document

Cost of sales accounting

Question: Score 1 of 1

In an asset main number in Asset Accounting, which information can be different between
international GAAP and local GAAP?
There are 2 correct answers to this question.

Response:

Asset class

Net book value

Deprecation start date

Capitalization date

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Question: Score 1 of 1

Which of the following segments contains the general data of a customer or vendor that
can be accessed throughout the organization?
Please choose the correct answer.

Response:

Organization level

Account level

Client level

Company code

Question: Score 0 of 1

What does the document splitting do?

Please choose the correct answer.

Response:

It enriches all relevant balance sheet account lines with the defined splitting characteristics.

It enriches all revenue account lines with the defined splitting characteristics.

It enriches all secondary cost element account lines with the defined splitting characteristics.

It enriches all profit and loss account lines with the defined splitting characteristics.

Question: Score 0 of 1

In which application areas can you use validation?

Note: There are 2 correct answers to this question.

Response:

Materials Management

Cost Accounting

Asset Accounting

Profit Center Accounting

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Question: Score 1 of 1

Which sequence of steps allows a three-way match in procurement transactions?

Please choose the correct answer.

Response:

Purchase requisition, purchase order, goods receipt

Purchase requisition, goods receipt, invoice receipt

Purchase order, invoice receipt, goods receipt

Purchase order, purchase requisition, invoice receipt

Question: Score 0 of 1

Which statements best describe extension ledgers in SAP S/4HANA?

There are 2 correct answers to this question.

Response:

Multiple extension ledgers can point to the same underlying ledger.

Extension ledgers can have different currencies than the underlying ledger.

Extension ledgers can be assigned their own posting period variant.

Extension ledgers can be assigned their own fiscal year variant.

Question: Score 1 of 1

You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA. What
are the year-end closing program checks for Asset Accounting?
There are 2 correct answers to this question.

Response:

Fixed asset fiscal year change is complete.

Assets are complete and error free.

Depreciation is posted in full.

General ledger and subledgers are closed.

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Question: Score 1 of 1

You define custom currency type Z1 for your company code. Which currency types must be
stored in the Data Entry view?
There are 2 correct answers to this question.

Response:

Company code currency

Custom currency type Z1

Document currency

Object currency

Question: Score 0 of 1

Your customer wants to use data aging for the universal journal. Which criteria can you
use to decide which data is moved to the historical partition?

Note: There are 2 correct answers to this question.

Response:

Document type

Company code

Ledger

Account type

Question: Score 1 of 1

Your customer wants the document numbers for two separate document types to share
the same number range. How can you achieve this?

Response:

Create a substitution rule that updates the document number based on the range you assign
in the rule definition.

Create two external number ranges with the same range and assign one to each of the
relevant document types.

Create two internal number ranges with the same range and assign one each to the relevant
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 document types.

Enter the same document number range in the customizing definition of both document
types.

Question: Score 1 of 1

If there is no entry or if a runtime value is empty, the system uses a minimum runtime of
999 days. Determine whether this statement is true or false.

Response:

False

True

Question: Score 0 of 1

In addition to the local and global currency in the universal journal, how many freely
defined currencies can you assign per company code and ledger.

Response:

10

Question: Score 1 of 1

Which statement best describes the normal reversals functionality?

Please choose the correct answer

Response:

Executes the inverse posting of a cleared document before resetting it.

Executes an inverse posting by resetting the transaction figures.

Executes an inverse posting by increasing the transaction figures.

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 Executes a transfer posting by resetting the transaction figures.

Question: Score 0 of 1

You have been asked to set up house banks as part of the implementation. What
information do you need?
There are 3 correct answers to this question.

Response:

Company code

Payment method

Bank master data

General ledger account

Supplier account

Question: Score 0 of 1

You need to perform mid-year legacy system migration for assets in a new company code.
Which data must you migrate?

Note; There are 3 correct answers to this question.

Response:

Fully depreciated fixed asset master records

Closed year asset sale transactions

Current year asset acquisition transactions

Accumulated depreciation per cost center

Current year posted depreciation

Question: Score 1 of 1

You have a debit amount of 50 and credit amount of 80 as balance on an account. This
account is assigned to the assets side in a financial statement version, with the debit
indicator and the credit.
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How is this shown on the balance sheet?

Response:

0 is shown on the assets side and 30 is shown on the liabilities side.

The balance is shown on the liabilities side.

The balance is shown on the assets side.

50 is shown on the liabilities side and 80 is shown on the assets side.

Question: Score 0 of 1

Which of the following types of tasks are available in the Financial Closing Cockpit
application?
There are 3 correct answers to this question.

Response:

Remote tasks

Flow definition

Task list template

Online transactions

Question: Score 0 of 1

You want to configure the tax calculation procedures. What are the main elements you
need to define?
There are 3 correct answers to this question

Response:

Sequence of steps

Condition type

Account or transaction key

Tax code

Country key
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Question: Score 0 of 1

In which step of the SAP Financial Closing Cockpit configuration do you define parameters
settings for variables of program variants?

Response:

Dependency definition

Task list release

Task list creation

Template creation

Question: Score 1 of 1

What object determines the number range for business partner master data?

Response:

Business partner grouping

Business partner category

Business partner type

Business partner role

Question: Score 0 of 1

Which of the following has to be created and assigned to an organizational structure

before the Financial Closing Cockpit can be used?
Please choose the correct answer.

Response:

Flow definitions

Subfolders

Task list template

Programs

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Question: Score 1 of 1

Which functions allow you to temporarily save the entered data?

There are 2 correct answers to this question.

Response:

Parking function

Save function

Insert function

Hold function

Question: Score 1 of 1

Which deployment option do you recommend to customers who want to always be on the
latest release of SAP S/4HANA?

Response:

SAP S/4HANA on-premise

SAP S/4HANA with Central Finance

SAP S/4HANA Finance

SAP S/4HANA Cloud

Question: Score 1 of 1

There are four dunning program steps that can be performed during the automatic
dunning procedure as follows: Arrange these steps into the correct sequence.

There are 3 correct answers to this question.

Response:

Change the dunning proposal.

Schedule the dunning run.

Maintain the parameters.

Start the dunning printout.

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Question: Score 1 of 1

What do you define in Customizing for the payment program?

Note: There are 3 correct answers to this question.

Response:

Exchange rate type

Allowed currencies

Payment run ID

Forms for the payment media

Bank determination

Question: Score 0 of 1

Which of the following are SAP Fiori design principles?

There are 2 correct answers to this question.

Response:

Rational

Responsive

Role-based

Routine

Question: Score 0 of 1

Which of the following objects are relevant to the dunning program configuration?
There are 3 correct answers to this question.

Response:

Dunning levels

Bank selection

Minimum amounts

Expenses or charges /
Question: Score 1 of 1

What are some of the personalization options available to users in their SAP Fiori
launchpad environment?
There are 3 correct answers to this question.

Response:

Users can remove applications that they do NOT use.

Users can add applications for filtered report results.

Users can add new devices from the catalog assigned to them.

Users can add applications from the catalog assigned to them.

Users can remove devices that they do NOT use.

Question: Score 1 of 1

Which stage of the sales process creates documents for both Materials Management and
Financial Accounting?

Response:

Shipping - goods issue

Shipping - delivery creation

Billing

Sales order creation

Question: Score 1 of 1

You want to make the Reference Document Number field required for entry. Which object
controls this setting?
Please choose the correct answer.

Response:

Document field status

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 Document type

Document posting key

Document reference key

Question: Score 0 of 1

Your customer wants the values for a special group of assets to be shown separately in
the general ledger. Which objects do you create in Customizing for Asset Accounting?

Note: There are 2 correct answers to this question.

Response:

Asset class

Financial statement version

Depreciation area

Account determination key

Question: Score 0 of 1

You are a group cash manager interested in the North American business market. What
are the personalization options available to you in SAP Fiori?
There are 2 correct answers to this question.

Response:

You can adapt the Iaunchpad color theme according to predefined values for the cash report.

You can create a tile group with all the apps required for your daily business for easy access.

You can create an app to take you directly to the cash position of the North American business
market.

You can create access to relevant apps for the North American accounts payable group that
reports to you.

Question: Score 1 of 1

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What is the difference between the ledger approach and the accounts approach to parallel
valuation in Asset Accounting?
Please choose the correct answer.

Response:

In the accounts approach, you assign a completely separate set of accounts for each
accounting principle, unlike the ledger approach.

In the accounts approach, you define a technical clearing account for integrated asset
acquisitions, unlike the ledger approach.

In the ledger approach, you assign a ledger group to every depreciation area, unlike the
accounts approach.

In the ledger approach, you maintain additional depreciation areas to post the delta valuation
of each accounting principle, unlike the accounts approach.

Question: Score 0 of 1

A user wants to add an application to his SAP Fiori home page but can’t find it in the App
Finder. What does the admin have to do?
Please choose the correct answer.

Response:

Add the tile to a tile group already assigned to the user.

Assign the corresponding SAP Fiori tile group to the user.

Add the corresponding tile catalog to the tile group.

Assign the corresponding SAP Fiori tile catalog to the user.

Question: Score 0 of 1

Which activities can you perform with a recurring journal entry?

Note: There are 2 correct answers to this question

Response:

Determine the number of postings.

Set rules to distribute amounts to be posted.

Obtain an overview of related future postings.

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 Create monthly postings on any date of a month.

Question: Score 1 of 1

Which prerequisites must be fulfilled to allow for negative postings of journal entries?
There are 2 correct answers to this question

Response:

The reversal accounts must be configured to allow negative postings.

The reversal reason must be configured to allow negative postings.

The company code must allow negative postings.

The posting key must allow negative postings.

Question: Score 0 of 1

For which type of account is the line item display generally active?
Please choose the correct answer.

Response:

Reconciliation account

Special general ledger account

Vendor account

Customer account

Question: Score 1 of 1

Which of the following statements are correct?

There are 2 correct answers to this question.

Response:

A company code can be assigned several workflow variants.

It is possible to design multilevel workflow sequences.

The same workflow variant can be assigned to several company codes. /

 A task can be assigned only one possible processor.

Question: Score 0 of 1

You are getting ready to post your first simple general ledger document using the SAP
Fiori app for posting in a test environment.

What configuration items do you need to set up to post a simple document?

There are 2 correct answers to this question.

Response:

Tax types and tax codes must be maintained.

Posting period variant must be created and assigned.

Number range and document types must be maintained.

Line item text templates must be maintained.

Question: Score 1 of 1

On which organization unit level do you define a chart of depreciation?

Response:

Company code

Chart of accounts

Asset class

client

Question: Score 0 of 1

Which elements define the integration of asset acquisitions to the general ledger?
There are 2 correct answers to this question

Response:

Depreciation keys
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 Valuation area

Asset class

Depreciation area

Question: Score 1 of 1

The managerial closing activities include locking the old accounting period. Determine
whether this statement is true or false.

Response:

True

False

Question: Score 1 of 1

After you collect data in the Intercompany Reconciliation tool, what are the next steps of
the reconciliation process?
Please choose the correct answer.

Response:

1. Post the correction documents.

2. Store the data.
3. Present reconciled and non-reconciled data.
4. Communicate differences.

1. Present reconciled and non-reconciled data

2. Post the correction documents.
3. Store the data.
4. Communicate differences.

1. Store the data

2. Present reconciled and non-reconciled data
3. Communicate differences.
4. Post the correction documents.

1. Store the data.

2. Present reconciled and non-reconciled data.
3. Post the correction documents.
4. Communicate differences.

/
Question: Score 1 of 1

Which fields can you edit before posting a parked document?

Note: There are 3 correct answers to this question.

Response:

Document type

Currency

Posting date

Account

Amount

Question: Score 0 of 1

Which of the following are standard correspondence types?

Note: There are 3 correct answers to this question.

Response:

Payment proposal

Document journal

Account statement

Payment notice

Open items list

Question: Score 0 of 1

For which of the following can you park documents?

There are 2 correct answers to this question.

Response:

General ledger accounts

Material accounts

Sales invoices
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 Customer accounts

Question: Score 1 of 1

Which of the following statements is correct for external number assignment (manual
posting)?
Please choose the correct answer.

Response:

The number must be assigned in a sequence.

The number is the last document number.

The number is entered by the user.

The number is automatically assigned.

Question: Score 1 of 1

Which currency types can you set in customizing activity "define setting for ledgers and
currency type"?
There are 2 correct answers to this question.

Response:

Group Currency

Material Ledger Currency

Local Currency

Transaction Currency

Question: Score 1 of 1

What is the maximum number of steps possible in validation?

Please choose the correct answer.

Response:

99

199 /
 999

566

Question: Score 1 of 1

Which of the following methods does the depreciation key define?

There are 3 correct answers to this question.

Response:

Base method

Asset sheet valuation method

Multilevel method

Period control method

Question: Score 1 of 1

What is the format of a company code key?

Please choose the correct answer.

Response:

Six-digit alphanumeric

Four-digit alphanumeric

Two-digit alphanumeric

Eight-digit alphanumeric

Question: Score 1 of 1

Which General Ledger account type do you select to perform activity cost allocations?

Response:

Secondary costs

Non-operating expense or income /

 Balance sheet

Primary costs or revenue

Question: Score 0 of 1

The SAP Business Workflow________process dimensions.

Please choose the correct answer.

Response:

Two

Three

Five

Four

Question: Score 0 of 1

Which of the following special G/L transactions are noted items?

Note: There are 2 correct answers to this question.

Response:

Guarantee of payment

Bill of exchange payment request

Down payment request

Down payment

Question: Score 0 of 1

In your SAP S/4HANA system, you report financial values for three separate accounting
principles. You post an acquisition for an asset that is capitalized in a single accounting
principle.

If you use the application to post integrated asset acquisitions, how many documents will
the system post?
Please choose the correct answer.
/
Response:

Question: Score 1 of 1

It is common for companies to receive invoices for the previous fiscal year at the
beginning of the new fiscal year. Which dates must have the same fiscal year in the
document entry?
Please choose the correct answer.

Response:

Posting date and entry date.

Posting date and asset value date

Document date and posting date.

Document date and asset value date

Question: Score 1 of 1

The government announces that it plans to change the basic VAT tax percentage from
20% to 18%. What do you have to do in the system to comply?

Response:

Create new tax codes with the 18% percentage for input tax.

Create new tax codes with the 18% percentage for input and output tax.

Change the tax percentage for existing input tax codes to 18%.

Change the tax percentage for input and output tax codes to 18%.

Question: Score 1 of 1
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Identify the fields that cannot be changed while changing parked documents.
There are 3 correct answers to this question.

Response:

Document type or document number

Currency

Account assignment objects

Company code

Question: Score 1 of 1

Which of the following fields can be changed in the document header?

There are 2 correct answers to this question.

Response:

Currency exchange rate

Reference number

Document header text

Document date

Question: Score 1 of 1

Which edition of SAP S/4HANA introduced the universal journal?

Please choose the correct answer.

Response:

SAP Business Suite powered by SAP HANA

SAP S/4HANA Cloud

SAP S/4HANA Finance 1503

SAP S/4HANA 1511

/
Question: Score 1 of 1

Which of the following options can you use to change the G/L account master data using
collective processing?

There are 3 correct answers to this question.

Response:

Change chart of accounts data

Change company code data

Change client level data

Change account descriptions

Question: Score 0 of 1

Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy
data?
There are 3 correct answers to this question.

Response:

For a large quantity of legacy data, use batch input procedure (program RAALTD01)

For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT

For a very large quantity of legacy data, use the direct input procedure (program RAALTD11)

For a small quantity of legacy data, use AS100.

For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI
interface

Question: Score 1 of 1

What is the recommended field status setting for fields in the customer-vendor account
groups in the Financial Accounting customizing?

Response:

Display

Optional

/
 Hide

Required

Question: Score 0 of 1

Which data sections are part of every asset class?

There are 2 correct answers to this question.

Response:

Depreciation data section

Valuation area data section

Master data section

Account determination data section

Question: Score 1 of 1

Which is the first step in the procedure of making down payments in the customer area?
Please choose the correct answer.

Response:

Down payment request

Clearing

Customer invoice

Down payment received

Question: Score 1 of 1

Which statements best describe a chart of depreciation?

There are 2 correct answers to this question.

Response:

A chart of depreciation contains multiple depreciation areas with a provision for addition and
deletion of depreciation areas.

/
 A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.

A chart of depreciation is mandated by a country's statutory requirement and should be

adopted as is.

A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use

the same chart of depreciation.

Question: Score 1 of 1

What are the pillars of the SAP Fiori user experience paradigm?
There are 3 correct answers to this question.

Response:

User-based

Responsive

Role-based

Simple

Vibrant

Question: Score 0 of 1

Which of the following statements best describe a noted item?

There are 2 correct answers to this question.

Response:

It updates the subledger and the general ledger.

It can be used to remind the user about due payments.

It can be accessed by the payment program.

It has an automatic statistical offsetting entry.

Question: Score 1 of 1

/
Financial statement versions consist of a maximum of 10 hierarchy levels. Determine
whether this statement is true or false.

Response:

False

True

Question: Score 1 of 1

What account types can you use to classify general ledger accounts in SAP S/4HANA?
There are 3 correct answers to this question.

Response:

Field status group

Balance sheet

Reconciliation accounts

Non-operating expense or income

Secondary costs

Question: Score 1 of 1

Which data model is used for SAP S/4HANA?

Please choose the correct answer.

Response:

Online transactional processing (OLTP) for on-premise deployments and online analytical
processing (OLAP) for Cloud deployments.

Online transactional processing (OLTP) and online analytical processing (OLAP) both running
on a single system.

Online analytical processing (OLAP) that is based on aggregated tables and indexes.

Online transactional processing (OLTP) and online analytical processing (OLAP) each using
data from separate tables.

/
Question: Score 1 of 1

Which of the following parameters can be changed on a time-dependent basis?

There are 3 correct answers to this question.

Response:

Depreciation start date

Depreciation key

Variable depreciation portion

Useful life (year or period)

Question: Score 0 of 1

Which data can you edit in the payment proposal?

Note: There are 3 correct answers to this question.

Response:

Payment block

House bank

Cash discount

Invoice amount

Payee

Question: Score 1 of 1

What is the first step in the reconciliation process?

Please choose the correct answer.

Response:

Present reconciled and non-reconciled data

Collect data from different companies

Communicate differences

/
 Question: Score 1 of 1

Where is the billing document created?

Please choose the correct answer.

Response:

Materials Management

Financial Accounting

Accounting

Sales and Distribution

Question: Score 0 of 1

You configured Asset Accounting for your company code with three depreciation areas
that post in real time and corresponding depreciation areas to track group currency
values.

When you post an external acquisition, how many documents are created?

Response:

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