Pass P_S4FIN_2020 Exam in First Attempt Guaranteed 2021 Dumps!
P_S4FIN_2020 Dumps Full Questions - Exam Study Guide
NEW QUESTION 40
When does a document posted in controlling become Visible in financial accounting? Please choose the correct answer.
- A. When real-time integration is active for the company code
- B. When document splitting is active for the company code
- C. When FI account assignments (such as the segment) change
- D. When any primary or secondary cost and revenue accounts are posted
Answer: D
NEW QUESTION 41
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 42
For which account assignments can you perform realignment in the universal journal? Note: There are 2 correct answers to this question.
- A. Functional area
- B. Profit center
- C. Customer group
- D. Sales region
Answer: C,D
NEW QUESTION 43
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. Intervals 1 and 2
- B. Intervals 1 and 3
- C. Only interval 3
- D. Only interval 2
Answer: C
NEW QUESTION 44
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 45
What open period is checked by the third interval of the Open Posting Periods variant in financial accounting?
- A. Postings to FI Subledgers
- B. Postings from CO to FI
- C. Postings with a special authorization group
- D. Postings to special periods
Answer: B
NEW QUESTION 46
You define an additional extension ledger. What type of ledger can you assign as underlying ledger?
- A. Material ledger
- B. Reconciliation ledger
- C. Standard ledger
- D. Special ledger
Answer: C
NEW QUESTION 47
You migrate a system from SAP ERP with classic G/L to SAP S/4HANA.
Which activities must you perform in the productive SAP S/4HANA system before the software is installed? Note: There are 3 correct answers to this question.
- A. Perform G/L customizing for migration.
- B. Run balance sheets and G/L account balances.
- C. Post required documents in FI and CO.
- D. Start the RAPERB2000 asset report.
- E. Activate new Asset Accounting.
Answer: B,C,D
NEW QUESTION 48
Which modules read and write line items of the universal journal (ACDOCA)? There are 2 correct answers to this question
- A. Account based Profitability-Analysis
- B. Costing-based profitability analysis
- C. Actual costing
- D. Cash Management
Answer: A,B
NEW QUESTION 49
You are converting your system to SAP S/4HANA.
Which functionality became obsolete in SAP S/4HANA in asset accounting and needs to be
- A. non-posting depreciation areas
- B. insurance values in the asset master record
- C. segment and profit centre reporting
- D. year-end closing
Answer: A
NEW QUESTION 50
An asset is being acquired through integration with procurement. How is the asset aquisition value posted?
- A. Valuated acquisition is posted at invoice receipt
- B. Non-Valuated acquisition is posted at invoice receipt
- C. Valuated acquisition is posted at settlement
- D. Non-Valuated acquisition is posted at goods receipt
Answer: B
NEW QUESTION 51
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 52
Which transactions generate a prima nota entry in the system in addition to the universal journal entry? There are 2 correct answers to this question
- A. Assessment cycle of cost centers (KSUS)
- B. Post FI supplier invoice (FB70)
- C. Post time sheet data to Controlling (CAT7)
- D. Settlement of internal order (K088)
Answer: B,C
NEW QUESTION 53
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 54
Which type of extension ledger do you set up to record incoming sales orders for account based profitability analysis?
- A. Prediction and commitments
- B. Valuation
- C. Simulation
- D. Extension
Answer: A
NEW QUESTION 55
How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation? Please choose the correct answer.
- A. By running the periodic acquisition and production cost posting
- B. By running the monthly depreciation posting
- C. By entering manual corrective clearing transfer postings
- D. By maintaining the offset account in the asset account determination
Answer: D
NEW QUESTION 56
Your customer is implementing a new installation of SAP S/4HANA.
Which of the following technical components must be installed?
- A. SAP S/4HANA, embedded Business Warehouse
- B. SAP Business Planning and Consolidation for SAP S/4HANA
- C. SAP Fiori for SAP S/4HANA
- D. SAP NetWeaver Application Server
Answer: D
NEW QUESTION 57
What are planning level and planning group used for in SAP Cash Management? There are 2 correct answers to this question.
- A. - Planning level is used to differentiate between strategic, business, and operational plan.
- Planning group is used to group assets by order of liquidity: petty cash, bank, AR/AP, investments, etc. - B. - Planning level is used in the company code data of the business partner to control accounts receivable and accounts payable in SAP Cash Management.
- Planning group is used in the G/L account data to enable the liquidity forecast. - C. - Planning group is used to group customers and vendors to enable accurate forecast.
- Planning level is used to control displays in SAP Cash Management and to differentiate between noted item, purchase order, bank account, etc. - D. Planning level and planning group are used in the configuration of the grouping structure, which enables you to group bank and subledger accounts together in the cash position or the liquidity forecast.
Answer: C,D
NEW QUESTION 58
On which levels can you assign semantic tags to a financial statement version in SAP Fiori? There are 3 correct answer to this question.
- A. G/L account
- B. Segment
- C. Business area
- D. Functional area
- E. Financial statement item
Answer: A,D,E
NEW QUESTION 59
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 60
What data for asset accounting is stored in the universal journal?
- A. Actual depreciation of all depreciation area that are set to post depreciation periodically
- B. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.
- C. Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L
- D. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.
Answer: A
NEW QUESTION 61
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 62
Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.
Response:
- A. Parallel currencies
- B. Actual costing results
- C. Plan data
- D. Transfer prices
Answer: A,D
NEW QUESTION 63
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?
- A. The data from previous years is archived.
- B. A clone of the productive system is used.
- C. SQL database commands are used to accelerate the migration
- D. Optimized data compression is used to minimize the data volume.
Answer: B
NEW QUESTION 64
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