Latest [Aug 31, 2022] Real SAP P_S4FIN_2021 Exam Dumps Questions
P_S4FIN_2021 Dumps To Pass SAP Certified Application Professional Exam in One Day (Updated 185 Questions)
NEW QUESTION 50
Which object do you enter in controlling transactions to update a specific valuation in the universal journal?
- A. Ledger
- B. Ledger group
- C. Accounting principle
- D. Valuation area
Answer: B
NEW QUESTION 51
For which Cases Can you Use SAP Product Lifecycle Costing? There are 2 correct answer to this question
- A. Sales order cost estimates
- B. Quotation costing
- C. Standard price cost estimates
- D. Preliminary cost estimates
Answer: B,D
NEW QUESTION 52
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? There are 2 correct answer to this question.
- A. Document type
- B. Currency type
- C. Accounting principle
- D. Valuation Area
Answer: C,D
NEW QUESTION 53
There are 8 customer-specific charts of depreciation in the client that area assigned to 22 active company codes, as required Additionally, there are 7 reference and unused. How many you charts of depreciation do you migrate?
- A. 0
- B. 1
- C. 2
- D. 3
- E. 4
Answer: C
NEW QUESTION 54
Which object acts as a data source for cash management (cash flow analyser) in SAP S/4HANA?
- A. Statistical key figure
- B. Memo Records
- C. Value fields
- D. Bank fees
Answer: B
NEW QUESTION 55
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. Post time sheet data to Controlling (CAT7)
- B. Settlement of internal order (K088)
- C. Assessment cycle of cost centers (KSUS)
- D. Post FI supplier invoice (FB70)
Answer: A,D
NEW QUESTION 56
What open period is checked by the third interval of the Open Posting Periods variant in financial accounting?
- A. Postings to special periods
- B. Postings from CO to FI
- C. Postings to FI Subledgers
- D. Postings with a special authorization group
Answer: B
NEW QUESTION 57
Where can you find the automatic write-off program to close unpaid customer balances?
- A. Dispute Management
- B. Collections Management
- C. Treasury Operations
- D. Accounts Receivable
Answer: A
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. Financial statement item
- B. G/L account
- C. Functional area
- D. Business area
- E. Segment
Answer: A,B,C
NEW QUESTION 59
What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question
- A. Actual cost component splits of goods sold
- B. Incoming sales orders
- C. Standard cost of goods sold
- D. Actual revenue
Answer: A,D
NEW QUESTION 60
You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA. Why do
you retract the plan data from SAP Business Planning and Consolidation for SAP SI4HANA and return it to the standard planning tables? Note: There are 2 correct
- A. To prepare for financial consolidation
- B. To perform planning allocation
- C. To perform availability
- D. To use standard SAP GUI plan/actual reporting
Answer: B,D
NEW QUESTION 61
Which objects do you migrate from SAP ERP to SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. Master data such as assets and profit centers.
- B. Accounting documents of financial accounting and controlling
- C. Balances of accounts, customers, and vendors.
- D. Data of costing-based profitability analysis
- E. House banks for new Bank Account Management.
Answer: B,C,E
NEW QUESTION 62
A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this? There are 2 correct answers to this question
- A. Select the Record Account Assignment indicator
- B. Define the G/L account as an asset reconciliation account
- C. Enter value 90in the cost element category field
- D. Set the G/L account type to Non-operating Expenses or income
Answer: A,B
NEW QUESTION 63
Your customer's company code is assigned to a chart of depreciation with three depreciation areas that post in real time. Last year, your customer acquired an asset that was only capitalized In two of the depredation areas this year you post an integrated asset sale to a customer for this asset. How many documents are generated during the sale posting?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 64
You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?
- A. Valuation using material cost estimate in account-based CO-PA
- B. Valuation using material cost estimate in costing-based CO-PA and account-based-COPA
- C. The new refinement for cost of goods sold postings in account-based CO-PA
- D. Valuation using material cost estimate in costing-based CO-PA
Answer: C
NEW QUESTION 65
What conversion preparation step can be executed only after installing SAP S/4HANA? Please choose the correct answer.
- A. Maintenance planner
- B. SAP readiness check
- C. Simplification item check
- D. Check customizing settings prior to migration
Answer: D
NEW QUESTION 66
Which modules read and write line items of the universal journal (ACDOCA)? There are 2 correct answers to this question
- A. Cash Management
- B. Account based Profitability-Analysis
- C. Costing-based profitability analysis
- D. Actual costing
Answer: B,C
NEW QUESTION 67
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?
- A. A clone of the productive system is used.
- B. The data from previous years is archived.
- C. SQL database commands are used to accelerate the migration
- D. Optimized data compression is used to minimize the data volume.
Answer: A
NEW QUESTION 68
Which processes create an artificial controlling document? 2 correct answers
- A. Stock material consumption on project
- B. Internal activity allocation to sales order
- C. FI posting of primary costs to production order
- D. Assessment from cost center to account based profitability analysis
Answer: C,D
NEW QUESTION 69
If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain? Note: There are 3 correct answers to this question
- A. Seamless adoption of the existing processes
- B. Higher degree of customization
- C. Faster initial implementation
- D. Automatic updates every 3 months
- E. Personalization through self-service configuration
Answer: A,C,D
NEW QUESTION 70
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