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SAP S4HANA for Financial Accounting Exam Questions and Complete Solutions Graded A+
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SAP S4HANA for Financial Accounting Exam Questions and Complete Solutions Graded A+
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SAP S4HANA for FinancialAccounting Exam
Questions and Complete
Solutions Graded A+
Denning [Date] [Course title]
,You are running an international business and you want to set up separate legal entities to run
operations and perform accounting activities.
Which organizational unit do you need to create for each legal entity?
Segment
Controlling Area
Company
Company Code - Answer: Company Code
For which of the following transactions can you use noted items?
Late payment
Vendor payment
Down payment request
Customer payment - Answer: Down payment request
you want to create a substitution in Financial Account. Which parts do you have to define for each step
of the substitution? (There are 2 correct answers)
Check
Replacement
,Message
Prerequisite - Answer: Replacement
Prerequisite
What is the purpose of the group account number in General Ledger account master data maintenance?
It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement
version.
It determines the fields in the entry screen when you create or update a master record in the company
code
it is used for cross-company-code reporting if the company codes use different charts of account.
It defaults the number interval that is applied for the G/L account number in the company code. -
Answer: it is used for cross-company-code reporting if the company codes use different charts of
accounts
What dunning-related data do you maintain on the business partner master record? (there are 3 correct
answers)
Dunning block
Dunning key
Dunning area
, Dunning interval
Dunning procedure - Answer: Dunning block
Dunning area
Dunning procedure
You are starting the fiscal year-end process in Asset Accounting in SAP S/4HANA. What are the year-end
closing program checks for Asset Accounting? (There are 2 correct answers)
Assets are complete and error free.
General ledger and subledgers are closed.
Fixed asset fiscal year change is complete.
Depreciation is posted in full. - Answer: Assets are complete and error free
Depreciation is posted in full
Which sequence of steps allows a three-way match in procurement transactions?
Purchase order, invoice receipt, goods receipt
Purchase requisition, purchase order, goods receipt
Purchase requisition, goods receipt, invoice receipt
Purchase order, purchase requisition, invoice receipt - Answer: Purchase order, invoice receipt, goods
receipt
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