Practice Free SAP P_S4FIN_2021 Exam Questions Online, P_S4FIN

Question No : 1
What do you manage within cash operations of SAP Cash Management? Note: There are 2 correct answers to this question.

A.Bank risk analysis and risk mitigation
B.Credit limits for customer accounts
C.Daily cash position, deficits, and surpluses
D.Hedging and hedging contracts

Answer:

Question No : 2
What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.

A.Exchange Rate model
B.Consolidation model
C.Ownership model
D.Source model

Answer:

Question No : 3
A document can have up to 999999 line items in the universal journal (reposing or G/L view).
How does this affect the entry view (table BSEG)?

A.The system splits the single entry into multiple documents as required
B.It is extended to 999999 line items
C.The entry view is also based on the universal journal
D.It is limited to 999 items

Answer:

Question No : 4
You want to post values of the incoming sales order to both account-based CO-PA and Costing based CO-PA.
What do you need to maintain? NOTE: There are 3 correct answers to this question
A. Creative statistical cost elements for cost and revenues of incoming sales orders
B. Activate the transfer of incoming sales orders
C. Activate predictive accounting for incoming sales orders
D. Setup an extension ledger with type "line items with technical numbers"
E. Activate the indicator for incoming sales orders in the attributes view of the operating concerns

Answer:A,B,C

Question No : 5
If you use the ledger approach, which customization settings must you apply for new Asset Account? Note: There are 2 correct answers to these questions.

A.Assign an accounting principle to every depreciation area.
B.Set reconciliation account for parallel valuation (non-leading ledger).
C.Define a technical clearing account for integrated asset acquisitions.
D.Assign a controlling version to each depreciation area.

Answer:

Question No : 6
What are the improvements to new cash pooling? There are 2 correct answers to this question.

A.The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.
B.The balance before concentration and the simulated balance after the concentration can be compared.
C.You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made
D.Different payment methods for payment requests can be specified in different paying company codes.

Answer:

Question No : 7
You compare the ACDOCA and BSEG tables and find that some Fl documents are NOT stored in the BSEG table.
Which of the following financial accounting transactions creates entries only in the ACDOCA table?

A.Post vendor invoice
B.Execute profit-center allocation
C.Depreciation run
D.Cash journal posting

Answer:

Question No : 8
Which data can be transferred to both account-based CO-PA and costing-based CO-PA? There are 2 correct answers to this question.

A.Commitments
B.Variances to work in process values
C.Statistical sales conditions
D.Split of cost of goods sold according to the cost component split

Answer:

Question No : 9
Which reports are included with SAP S/4HANA, embedded analytics? There are 2 correct answer to this question

A.SAP Analysis for Microsoft Office reports
B.Analytical list page reports
C.Multidimensional reports
D.SAP Lumira reports

Answer:

Question No : 10
You run an assessment cycle, but no postings are made because the posting period is NOT open.
Which period intervals do you need to maintain so that the results of the assessment can be posted without allowing other FI postings?

A.Only interval 3
B.Only interval 2
C.Intervals 1 and 3
D.Intervals 1 and 2

Answer:

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