P_S4FIN_2021 Online Practice Questions and Answers

Which modules read and write line items of the universal journal (ACDOCA)? (Choose two.)

A. Actual costing

B. Costing-based profitability analysis

C. Cash management

D. Account-based profitability analysis

You maintain a launchpad for users who are assigned to the Z_MANACC role. What do you need to do to make an app available for the users?

A. Assign the app directly to the Z_MANACC role and add the app to a group.

B. Add the app to a catalog that is assigned to the Z_MANACC role.

C. Add the app to a group that is assigned to the Z_MANACC role.

D. Assign the app directly to the Z_MANACC role and add the app to a catalog.

Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion project? (Choose three.)

A. SAP Readiness Check

B. Simplification Item-Check

C. Global Performance Analysis

D. Custom Code Check

E. Authority Check

Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLT0. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?

A. The table GLT0 has been removed but its content has been added to table ACDOCA thanks to a compatibility view.

B. The table GLT0 has been removed and replaced by a compatibility view.

C. The table GLT0 has been kept but a compatibility view has been generated to read its content.

D. The table GLT0 has been archived but its content has been added to table ACDOCA thanks to a compatibility view.

What is the maximum number of currency types that you can report on for a ledger?

A. 3

B. 8

C. 10

D. 12

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate 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?

A. 1

B. 2

C. 3

D. 4

In the standard delivery system, what is the maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of goods sold?

A. 40

B. 100

C. 120

D. 160

You are converting your system to SAP S/4HANA.

Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?

A. Depreciation areas for parallel currencies

B. Non-posting depreciation areas

C. Year-end closing

D. Insurance values in the asset master records

What do you assign to a depreciation area in SAP S/4HANA asset accounting? (Choose two.)

A. A ledger account determination key

B. An accounting principle

C. A chart of depreciation

D. An alternative depreciation area

Which settings are allowed for open item management for the GR/IR account? (Choose two.)

A. Reconciliation account

B. Ledger specific open item management

C. Extended open item management

D. Classic open item management