P-S4FIN-2020 Updated Exam Dumps [2022] Practice Valid Exam Dumps Question
P-S4FIN-2020 Sample with Accurate & Updated Questions
SAP S/4HANA Financials Professional Certification Exam Details:
| Passing Score | P_S4FIN_2020 - 60% P_S4FIN_1909 - 61% |
| Sample Questions | SAP S/4HANA Financials Professional Certification Sample Questions |
| Reference Books | S4F01 (SAP S/4HANA 2020) S4F02 (SAP S/4HANA 2020) S4F03 (SAP S/4HANA 2020) S4F01 (SAP S/4HANA 1909) S4F02 (SAP S/4HANA 1909) S4F03 (SAP S/4HANA 1909) |
| Level | Associate |
| Exam Name | SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) |
| Duration | 180 mins |
NEW QUESTION 16
An asset is being acquired through integration with procurement. How is the asset acquisition value posted? Please choose the correct answer.
- A. Non-Valuated acquisition is posted at goods receipt.
- B. Valuated acquisition is posted at invoice receipt.
- C. Non-valuated acquisition is posted at invoice receipt.
- D. Valuated acquisition is posted at settlement.
Answer: C
NEW QUESTION 17
For which parameters can you define the minimum life to maintain documents in financial accounting for data aging? Note: There are 2 correct answers to this question.
- A. Document type
- B. Document number
- C. Ledger group
- D. Account type
Answer: A,D
NEW QUESTION 18
The screenshot displays how the depreciation areas of a chart of depreciation post, to the G/L By looking at the screenshot what can you learn about the company code and ledger configuration?
- A. There is one extension ledger assigned to the leading ledger.
- B. There are two currency types assigned to the company code.
- C. There are no more than two ledger groups defined for the company code
- D. There are two ledgers posted during transaction processing.
Answer: C
NEW QUESTION 19
Which type of extension ledger do you set up to record incoming sales orders for account based profitability analysis?
- A. Extension
- B. Prediction and commitments
- C. Simulation
- D. Valuation
Answer: B
NEW QUESTION 20
What must always be activated after the installation of SAP S/4HANA?
- A. Profit center accounting
- B. Credit management
- C. Transfer prices
- D. Material ledger
Answer: D
NEW QUESTION 21
Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.
Response:
- A. Transfer prices
- B. Actual costing results
- C. Plan data
- D. Parallel currencies
Answer: A,D
NEW QUESTION 22
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 migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.
- B. The material ledger uses the currencies defined in both the leading and non-leading ledgers.
- 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 23
You run an assessment cycle but no postings are made because the posting period is NOT open. Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings? Please choose the correct answer.
- A. Only interval 3
- B. Intervals 1 and 3
- C. Intervals 1 and 2
- D. Only interval 2
Answer: A
NEW QUESTION 24
Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question.
- A. Split of cost of goods sold according to the cost component split
- B. Statistical sales conditions
- C. Variances to work in process values
- D. Commitments
Answer: A,B
NEW QUESTION 25
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? There are 2 correct answer to this question.
- A. Convert accounts of parallel valuations to asset reconciliation accounts.
- B. Configure data depreciation areas to no longer post to the general ledger.
- C. Define the document type for the accounting-principle-specific-documents.
- D. Assign accounting principles to all real and derived depreciation areas.
Answer: A,D
NEW QUESTION 26
Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments. When preparing for integration, what do you have to create?
- A. Create a BP category for each legal form maintained for customers/vendors.
- B. Create a BP grouping for each customer and vendor account group.
- C. Create a BP type for each industry category in the customer/vendor accounts.
- D. Create a BP role for each customer and vendor account group.
Answer: B
NEW QUESTION 27
Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.
- A. Indexing
- B. Aging
- C. Mirroring
- D. Archiving
Answer: B,D
NEW QUESTION 28
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad. Where must the administrator unlock this user?
- A. SAP Smart Business
- B. SAP S/4HANA back end
- C. SAP Fiori launchpad designer
- D. Front-end SAP Gateway server
Answer: D
NEW QUESTION 29
Which fields do you maintain when defining the source ledger for migration of balances? There are 2 correct answer to this question.
- A. Period
- B. Source table
- C. Year
- D. Company Code
Answer: C,D
NEW QUESTION 30
What must you create before you can record commitments in the universal journal? Please choose the correct answer.
- A. Extension ledger
- B. Mapping for condition types
- C. CO version
- D. Non-leading standard ledger
Answer: A
NEW QUESTION 31
You use document splitting and post an incoming invoice via a cost center to segment A.
You then use the Manual Reposting 01 Costa (KB11N) transaction to Repost the expense to segment B.
What happens to the segment assigned to the supplier line item in the original invoice posting?
- A. The open item is assigned to segment B through reclassification at month end.
- B. The open item is assigned to segment B automatically with the CO reposting.
- C. The open item is assigned to segment B when the invoice is paid.
- D. The open item remains on segment A.
Answer: D
NEW QUESTION 32
Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.
- A. Reduced footprint
- B. Reduced throughput
- C. Choice of database
- D. Choice of deployment
Answer: A,D
NEW QUESTION 33
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