P_S4FIN_1909 Online Practice Questions and Answers

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 FI supplier invoice (FB60)

B. Assessment cycle of cost centers (KSU5)

C. Settlement of internal order (KO88)

D. Post time sheet data to Controlling (CAT7)

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 revenue

B. Standard cost of goods sold

C. Incoming sales orders

D. Actual cost of goods sold

Which of the following are available methods of valuation for depreciation areas? There are 3 correct answer to this question.

A. Define how asset values post for accounting principles.

B. Calculate different values in a depreciation area for a specific purpose

C. Define show values, but do NOT post any values to the G/L accounts.

D. Calculate additional values for acquisition and product cost.

E. Define how posting values and depreciation terms can be transferred to other areas

For which functionality is a productive material ledger a prerequisite? There are 2 correct answer to this question.

A. Actual activity price determination

B. Parallel valuation for transfer pricing

C. Parallel currencies in the universal journal

D. Actual costing

Which of the following is a prerequisite to activating takeover values in asset accounting? Please choose the correct answer.

A. Depreciation areas must be assigned to the same accounting principles.

B. Takeover values are possible across all depreciation areas.

C. Only one depreciation area per chart at depreciation is assigned 00.

D. Only the depreciation area for book depreciation is assigned 00.

The classic Asset Accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new Asset Accounting using an accounts approach in SAP S/4HANA?

A. There is no need to use such offset accounts anymore because of real-time postings.

B. The extra offset account has to be used as in the classic Asset Accounting.

C. The extra offset account is obsolete and will be replaced by the technical clearing account.

D. The accounts approach must be replaced because the ledger approach is the only valid option

Which information will be migrated automatically during an SAP S/4HANA finance migration? There are 3 correct answers to this question.

A. Business partners customizing

B. Account balances

C. General ledger customizing

D. Material ledger customizing

E. Authorizations

Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion? Please choose the correct answer.

A. Additional FI currency

B. Account-based CO-PA

C. Document splitting

D. Transfer prices

You create a G/L account and set the cost element category to 42 (assessment). In what table is the cost element category updated? Please choose the correct answer.

A. CSKB: Cost Elements (Data Dependent on Controlling Area)

B. CSKA: Cost Elements (Data Dependent on chart of Accounts)

C. SKB1: G/L Account Master (Company Code)

D. SKA1: G/L Account Master (Chart of Accounts)

You select the configuration option Set Migration to complete in the conversion of Accounting to SAP S/4HANA. What does this mean? There are 3 correct answers to this question.

A. Customizing is consistent

B. All error messages have been accepted.

C. All views are generated successfully

D. Migration for logistics can begin

E. The previous year can be reopened

Which of the following are phases in SAP Activate? Note: There are 3 correct answers to this question.

A. Deploy

B. Test

C. Explore

D. Blueprint

E. Realize

Which of the following options in SAP S/4HANA 1809 is only possible in costing-based CO-PA and NOT in account-based CO-PA?

A. Sales order entry postings.

B. Cost of goods sold (COGS) split per cost component.

C. Production variance split per variance category.

D. Manual postings.

Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question. Response:

A. Transfer prices

B. Actual costing results

C. Parallel currencies

D. Plan data

When does a document posted in controlling become Visible in financial accounting? Please choose the correct answer.

A. When document splitting is active for the company code

B. When real-time integration 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

Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.

A. Reduced footprint

B. Choice of deployment

C. Reduced throughput

D. Choice of database