P_S4FIN_1709 Online Practice Questions and Answers

In your SAP S/4HANA system, ledger group L1 is assigned to a US GAAP accounting principle. You want to assign ledger group to the L1 to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values.

Which of the following limitations prevent you from making assignment?

Response:

A. The US GAAP values need to be reported in USG-but-the company code currency is defined as EUR.

B. One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.

C. You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.

D. You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger.

Which of the following roles are delivered as business partner roles?

Note: There are 3 correct answers to this question

Response:

A. Bank accounts

B. Banks

C. Suppliers

D. Employees E. Distribution channels

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.

Response:

A. Run balance sheets and G/L account balances.

B. Activate new Asset Accounting.

C. Perform G/L customizing for migration.

D. Start the RAPERB2000 asset report.

E. Post required documents in FI and CO.

What are planning level and planning group used for in SAP Cash Management?

Note: There are 2 correct answers to this question.

Response:

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 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.

C. - 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.

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.

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.

Response:

A. Document type

B. Document number

C. Ledger group

D. Account type

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.

Response:

A. To perform availability

B. To prepare for financial consolidation

C. To perform planning allocation

D. To use standard SAP GUI plan/actual reporting

Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving the forwoard. They want maintain a filly customizable solution without completely disrupting their current processes.

Which SAP S/4HANA solution will you propose?

Response:

A. Private cloud

B. On-premise

C. Hybrid

D. Public cloud

You define an additional extension ledger. What type of ledger can you assign as underlying ledger? Response:

A. Material ledger

B. Reconciliation ledger

C. Special ledger

D. Standard ledger