P_S4FIN_2021 Online Practice Questions and Answers

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D. The table GLT0 has been archived but its content has been added to table ACDOCA thanks to a compatibility view.

You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? (Choose three.)

A. Characteristics will be added to the universal journal.

B. Value fields will be added to the universal journal.

C. Cost-based CO-PA can still be used in parallel.

D. Cost component split (COGS) can be configured in financial accounting.

E. Historical data will be enriched with characteristics by derivation.

At which level is the migration run for finance data performed?

A. Company code

B. Operating concern

C. Controlling area

D. Client

What is the earliest point in time that the attributed profitability segments can be derived?

A. When you run the top-down distribution in margin analysis

B. When you settle the cost to margin analysis

C. When you assess the costs to margin analysis using the universal allocation

D. When you post the primary cost document to a WBS element

Which data is converted during an SAP S/4HANA standard conversion?

A. Only company codes and years selected in the customizing for migration

B. Only company codes selected in the customizing for migration for all the years

C. All company codes with all data of all years

D. All company codes for the years you specify

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

A. 3

B. 8

C. 10

D. 12

Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion.

What settings must be made to ensure this? (Choose two.)

A. Use internal number ranges in the customer and supplier account groups after the conversion.

B. Use external number ranges in the customer and supplier account groups for the conversion.

C. Use external number ranges in the BP groupings for the conversion.

D. Use internal number ranges in the BP groupings after the conversion.

Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.

Which system configuration options are available for the customer after the conversion project is finalized? (Choose two.)

A. Implementation of real-time integration of controlling to financial accounting

B. Implementation of an additional standard ledger for parallel accounting

C. Implementation of chart of accounts conversion

D. Implementation of document splitting