Exam (elaborations)
SAP S/4HANA for Financial Accounting Exam 2024
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SAP S/4HANA for Financial Accounting Exam 2024...
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SAP S/4HANA for Financial Accounting Exam2024
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
Which currency valuation program is replaced by FAGL_FCV?
FAGL_FC_VALUATION
SAPF100
FAGL_VALUATION
SAPF130K - ANSWER FAGL_FC_VALUATION
When you post manual incoming payment, which parameters are
valid for all payment documents? (There are 2 correct answers to
this question)
Bank account
Tolerance group
Journal entry type
Residual item - ANSWER Bank account
Journal entry type
Which of the following are possible reasons that an invoice would not
, be paid? (there are 3 correct answers)
The discount period has expired.
An invalid house bank is selected.
The invoice has a debit balance.
The payment amount is less than the minimum amount specified for a
payment. - ANSWER An invalid house bank is selected.
The invoice has a debit balance.
The payment amount is less than the minimum amount specified for a
payment.
Which of the following are the characteristics included in general
ledger drilldown reports? (there are 3 correct answers)
Segment
Company code
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