Pass the SAP SAP Certified Application Professional P_S4FIN_2021 Questions and answers with CertsForce

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Questions # 11:

Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.

Options:

A.

Implementation of real-time integration of controlling to financial accounting


B.

Implementation of chart of accounts conversion


C.

Implementation of an additional standard ledger for parallel accounting


D.

Implementation of document splitting


Expert Solution
Questions # 12:

What is the earliest point in time that the attributed profitability segments can be derived?

Options:

A.

When you assess the costs to margin analysis using the universal allocation


B.

When you run the top-down distribution in margin analysis


C.

When you settle the cost to margin analysis


D.

When you post the primary cost document to a WBS element


Expert Solution
Questions # 13:

Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

Options:

A.

Memo records


B.

Payment methods


C.

Record types


D.

Payment terms


Expert Solution
Questions # 14:

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and 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 for posting integrated asset acquisitions, how many documents will the system post?

Options:

A.

4


B.

3


C.

1


D.

2


Expert Solution
Questions # 15:

You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.

Options:

A.

Critical errors must be resolved in the production system before Go Live.


B.

All errors related to closed years can be ignored.


C.

Errors must be clarified, and uncritical errors can be accepted


D.

All errors must be corrected before SUM (Software Update Manager)starts.


Expert Solution
Questions # 16:

You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA.What does this mean? Note: There are 3 correct answers to this question

Options:

A.

Customizing is consistent.


B.

All error messages have been accepted.


C.

Customer Vendor Integration can start.


D.

All views are generated successfully.


E.

Only critical error messages have been accepted.


Expert Solution
Questions # 17:

In the standard delivery system, what isthe maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of goods sold?

Options:

A.

160


B.

120


C.

40


D.

100


Expert Solution
Questions # 18:

Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.

Options:

A.

Indexing


B.

Storing


C.

Archiving


D.

Aging


Expert Solution
Questions # 19:

At which level is the migration run for finance data performed?

Options:

A.

Company code


B.

Client


C.

Operating concern


D.

Controlling area


Expert Solution
Questions # 20:

On which levels can you assign semantic tags to a financial statement version in SAP Fiori?Note: There are 3 correct answers to this question.

Options:

A.

Financial statement item


B.

Functional area


C.

Business area


D.

G/L account


E.

Segment


Expert Solution
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