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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. At which levels do you choose between direct indirect quotations? Note: There are 2 correct answers to this question.

A) Client
B) Company code
C) Exchange rate type
D) Country

2. You are implementing the Financial Closing Cockpit for your organization.
What are the advantages of defining task groups? Note: There are 2 correct answers to this question.

A) It allows cross template maintenance.
B) It covers multiple companies with same or similar tasks.
C) It allows cross task list execution of tasks.
D) It allows cross task list monitoring of task status.

3. The 3-way match is the stard procedure used to post procurement transactions in SAP S/4HAN How does it work?

A) The purchase order needs to be created in reference to a purchase request.
B) The invoice needs to be created in reference to the goods receipt.
C) The goods receipt needs to be created in reference to the purchase order.
D) The 3 logistical steps each generate financial documents.

4. What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.

A) Determine the exchange rate type
B) Determine the G/L accounts for the valuation posting
C) Define the document type for the valuation posting
D) Define the posting reversal date for the valuation posting
E) Define the valuation procedure

5. You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

A) 01
B) 10
C) 05
D) 15

Solutions: