[Oct-2021] SAP P-S4FIN-2020 Dumps – Reduce Your Chance of Failure in P-S4FIN-2020 Exam
To help you achieve your ultimate goal, we suggest the actual SAP P-S4FIN-2020 dumps for your SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts exam preparation to use as your guideline.
NEW QUESTION 48
What can you do in the extension ledgers configuration? Please choose the correct answer.
- A. You can assign a freely defined currency to an extension ledger.
- B. You can create an extension ledger for which the underlying ledger is an extension ledger.
- C. You can link an accounting principle to a ledger group that contains an extension ledger.
- D. You can manually create a new ledger group that contains an extension ledger.
Answer: C
NEW QUESTION 49
What are the earliest point in time that the attributed profitability segments can be derived? Please choose the correct answer.
- A. When you settle the cost to profitability analysis
- B. When you post the primary cost document
- C. When you run the realignment in profitability analysis
- D. When you run the results analysis for cost objects
Answer: B
NEW QUESTION 50
During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO? Please choose the correct answer.
- A. Because a delta between all line items and the balance of every account will be updated in the universal journal
- B. Because all balances from the past years are stored in the universal journal
- C. Because the system displays an error if the sum of aggregated line items differs from the balance
- D. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account
Answer: A
NEW QUESTION 51
In controlling. What is a mandatory customizing step when converting a system to SAP S/4HANA? Please choose the correct answer.
- A. Create document type for CO postings.
- B. Migrate the material ledger.
- C. Define profit center hierarchy.
- D. Activate Account-based CO-PA.
Answer: D
NEW QUESTION 52
What are some features of actual costing in SAP S/4 HANA? There are 2 correct answer to this question
- A. Possibility of post-closing in the alternative valuation run (AVR)
- B. Reduced number of steps in the calculation cockpit
- C. Selection of activity prices of other CO-versions in the standard run
- D. Simplified data structure with new table structure
Answer: B,D
NEW QUESTION 53
Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward?
- A. The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).
- B. The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed.
- C. The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES
- D. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.
Answer: D
NEW QUESTION 54
In which of the possible scenarios can you indicate that an account is also a statistical cost elements? There are 2 correct answer to this question.
- A. It is used as special reserve balance account in fixed asset accounting
- B. It is used as balance sheet account in fixed asset accounting
- C. It is used a work in progress (WIP) inventory account in the material account assignment
- D. It is used as inventory account in the material account assignment
Answer: B,C
NEW QUESTION 55
Which ledger-specific configuration can you maintain at company code level? There are 2 correct answer to this question.
- A. Financial statement version
- B. Fiscal year variant
- C. Field status variant
- D. Posting period variant
Answer: A,D
NEW QUESTION 56
You want to post values of the incoming sales order to both account-based CO-PA and Costing based CO-PA.
What do you need to maintain?
NOTE: There are 3 correct answers to this question
- A. Creative statistical cost elements for cost and revenues of incoming sales orders
- B. Activate the indicator for incoming sales orders in the attributes view of the operating concerns
- C. Activate predictive accounting for incoming sales orders
- D. Activate the transfer of incoming sales orders
- E. Setup an extension ledger with type "line items with technical numbers"
Answer: A,C,D
NEW QUESTION 57
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separates 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? Please choose the correct answer.
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION 58
On what level can you assign a fiscal year variant to a company code? Please choose the correct answer.
- A. Accounting principle
- B. Depreciation area
- C. Ledger
- D. Valuation area
Answer: C
NEW QUESTION 59
You maintain a Launchpad for users to which role Z_MANACC is assigned. What do you need to do make an app available on the users Launchpad? Please choose the correct answer.
- A. Activate the OData Service for role Z_MANACC which is assigned to according to the app according to the SAP Fiori apps reference library.
- B. Activate the user parameter for PFCG (role maintenance) for role Z_MANACC
- C. Add the app to a catalog and a group that are assigned to role Z_MANACC
- D. Assign the app directly to role Z_MANACC
Answer: C
NEW QUESTION 60
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.
- A. Between two company codes
- B. Between two plants
- C. Between two profit centers
- D. Between two accounting principles
Answer: A,C
NEW QUESTION 61
What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA 1809?
- A. Implement a new currency type.
- B. Introduce document splitting
- C. Add an extension ledger.
- D. Replace the accounts approach with the ledger approach.
Answer: A
NEW QUESTION 62
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA?
There are 3 correct answer to this question.
- A. You cannot configure and activate document splitting.
- B. You must use accounts approach to parallel valuation.
- C. You must define valuation areas for foreign currency valuation.
- D. You must configure profit center and segment accounting.
- E. You cannot continue to use the consolidation staging ledger.
Answer: A,D,E
NEW QUESTION 63
With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger? Note:
There are 2 correct answers to this question.
- A. The material ledger uses the currencies defined in both the leading and non-leading ledgers.
- B. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.
- C. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.
- D. The material ledger with actual costing requires a periodic costing run to update inventory values.
Answer: C,D
NEW QUESTION 64
Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Choice of deployment
- B. Reduced throughput
- C. Choice of database
- D. Reduced footprint
Answer: A,D
NEW QUESTION 65
Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables?
Note: There are 2 correct answers to this question.
- A. ACDOCP is a cluster table.
- B. ACDOCP is an isolated table.
- C. ACDOCP derives data from ACDOCA.
- D. ACDOCP is a table with delta mechanism.
Answer: B,D
NEW QUESTION 66
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