SAP Certified Application Associate - SAP S/4HANA for Financial

Accounting Associates - Full

You got 51 of 80 possible points.

Your score was: 64 %

Question Results

Question: Score 1 of 1

Which entries do you define when maintaining a G/L account?

There are 3 correct answers to this question.

Response:

Account group

Field status group

Account Type

Profit center

Ledger assignment

Question: Score 1 of 1

SAP S/4HANA is the digital core of the intelligent enterprise. Which applications from the
SAP portfolio integrate with SAP S/4HANA to help you perform human resource
management?
There are 2 correct answers to this question.

Response:

SAP Success Factors

SAP Ariba

SAP Fieldglass

SAP C/4HANA
/
Question: Score 0 of 1

You need to make the line item text field mandatory during document entry. Which objects
should you analyze to fulfill this request?

Note: There are 2 correct answers to this question.

Response:

G/L account

Document type

Account group

Posting key

Question: Score 0 of 1

Which closing activities are used in external reporting as per SAP best practices?
There are 2 correct answers to this question.

Response:

Update product cost estimates.

Reclassify receivables and payables.

Perform valuations of open items in foreign currency.

Execute the plan cost center assessment cycle.

Question: Score 0 of 1

Your customer- performs pre-closing activities on the last day of the month. Which
activities are typically executed during pre-closing?

Note: There are 2 correct answers to this question.

Response:

Create the asset history sheet for asset accounting

Post recurring entries for the general ledger.

Perform foreign currency valuation for accounts payable.

/
 Process bad debt expenses for accounts receivable.

Question: Score 0 of 1

The SAP Business Workflow________process dimensions.

Please choose the correct answer.

Response:

Two

Four

Three

Five

Question: Score 0 of 1

What must you do to create new validations and substitutions?

Note There are 2 correct answers to this question.

Response:

Select the relevant call-up point

Define the area of application

Choose the chart of accounts

Deactivate all former validations and substitutions

Question: Score 0 of 1

You are posting an incoming payment against an invoice. Which document values does the
user tolerance group control?
There are 2 correct answers to this question.

Response:

The cash discount percentage allowed for the complete document

The total amount (sum of all line items) allowed to be posted

/
 The cash discount amount (absolute value) allowed for a line item

The payment amount allowed for each customer open item

Question: Score 1 of 1

Financial statement versions consist of a maximum of 10 hierarchy levels. Determine

whether this statement is true or false.

Response:

False

True

Question: Score 0 of 1

Identify the steps performed during the general ledger closing operations for the fiscal
year.

There are 3 correct answers to this question.

Response:

Foreign currency documents are valuated.

Accruals are carried out.

The balance carry forward program is run.

Vendor invoices are posted.

Question: Score 0 of 1

Which of the following are standard correspondence types?

Note: There are 3 correct answers to this question.

Response:

Account statement

Open items list

Document journal
/
 Payment proposal

Payment notice

Question: Score 1 of 1

What are the two phases of AuC that are relevant to Asset Accounting?
There are 2 correct answers to this question.

Response:

Accounting phase

Under-construction phase

Assets transfer phase

Useful life phase

Question: Score 0 of 1

Which activities are supported by the regrouping program of receivables and payables?
Note: There are 2 correct answers to this question.

Response:

Regrouping of receivables and payables to accrual earnings or expense

Regrouping open items based on changed reconciliation accounts

Regrouping and clearing open items for affiliated companies on customers and vendors

Grouping receivables and payables by their remaining life

Question: Score 0 of 1

Which of the following types of tasks are available in the Financial Closing Cockpit
application?
There are 3 correct answers to this question.

Response:

Online transactions

/
 Task list template

Remote tasks

Flow definition

Question: Score 1 of 1

In your system, you currently perform manual outgoing payments and you want to use the
automatic payment program.

Which settings must you maintain as part of the configuration of the automatic payment
program?
There are 2 correct answers to this question.

Response:

Payment terms

Paying company codes

Special G/L indicators

Bank determination

Question: Score 1 of 1

What is the purpose of the reorganization of segments?

There are 2 correct answers to this question.

Response:

Enables merge of segments.

Enables segment reassignments.

Enables segment derivation.

Enables segment deletion.

Question: Score 1 of 1

What do you define when configuring asset classes?

There are 3 correct answers to this question.
/
Response:

Number ranges

Posting keys

Financial statement version

Account determination

Screen layout rules

Question: Score 1 of 1

True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted
completely to it.

Response:

False

True

Question: Score 0 of 1

Which of the following are the month-end closing activities for external purposes?
There are 3 correct answers to this question.

Response:

Create external and internal reports

Close the old period

Perform foreign currency valuations

Post goods issues for deliveries to customers

Question: Score 1 of 1

Which of the following options can you use to change the G/L account master data using
collective processing?

There are 3 correct answers to this question.

/
Response:

Change chart of accounts data

Change company code data

Change account descriptions

Change client level data

Question: Score 1 of 1

For which activities can you use an extension ledger?

Note: There are 2 correct answers to this question.

Response:

Parallel valuation of depreciation areas

Simulation of foreign currency valuation

Configuration of custom fields for financial statements

Adjustments for consolidation purposes

Question: Score 0 of 1

What are the pillars of the SAP Fiori user experience paradigm?
There are 3 correct answers to this question.

Response:

User-based

Simple

Role-based

Responsive

Vibrant

/
Question: Score 1 of 1

Which SAP Fiori app type provides essential information about system master data and
offers links for navigating between related objects?

Response:

Fact sheet

Analytical

Configuration

Transactional

Question: Score 1 of 1

What is the maximum dunning level that can be assigned to a dunning procedure?
Choose the correct answer.

Response:

11

Question: Score 1 of 1

True or False: Anyone with an appropriate user name and password can log on to the SAP
Fiori launchpad through a web browser.

Response:

False

True

Question: Score 1 of 1

/
The dunning run is made up of three main steps that happen in a particular sequence.
What is the correct sequence of steps?

Response:

Account selection
Dun line items
Dun account

Account selection
Item selection
Dun line items

Item selection
Dun line items
Dun account

Item selection
Dun account
Dun line items

Question: Score 0 of 1

Which of the following original Management Accounting objects can you assign in the
asset master record?
There are 3 correct answers to this question.

Response:

Order

Activity type

Cost element

Cost center

Question: Score 1 of 1

True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter
of required scope.
Please choose the correct answer.

Response:

True

False

/
Question: Score 1 of 1

You have to run the foreign currency valuation for both US GAAP and IFRS, which leads to
different values for the two different accounting principles.

How can you set this up in the system?

Please choose the correct answer.

Response:

Define two valuation methods and assign the accounting principles to the new valuation
methods.

Define a valuation area and extension ledger to link with the new valuation area.

Define a valuation area and ledger group for two ledgers to link with the new valuation area.

Define two valuation areas and two accounting principles with relevant links to ledgers.

Question: Score 0 of 1

Which deployment options exist for SAP S4HANA?

Note: There are 3 correct answers to this question.

Response:

Agile deployment

Cloud deployment

Central hub deployment

On-premise deployment

Hybrid deployment

Question: Score 0 of 1

You have been asked to set up house banks as part of the implementation. What
information do you need?
There are 3 correct answers to this question.

Response:

Bank master data

Payment method
/
 Supplier account

Company code

General ledger account

Question: Score 0 of 1

You are a group cash manager interested in the North American business market. What
are the personalization options available to you in SAP Fiori?
There are 2 correct answers to this question.

Response:

You can create an app to take you directly to the cash position of the North American business
market.

You can adapt the Iaunchpad color theme according to predefined values for the cash report.

You can create a tile group with all the apps required for your daily business for easy access.

You can create access to relevant apps for the North American accounts payable group that
reports to you.

Question: Score 1 of 1

The managerial closing activities include locking the old accounting period. Determine
whether this statement is true or false.

Response:

True

False

Question: Score 1 of 1

How many posting period intervals in SAP S/4HANA are used for postings of Financial
Accounting (FI) and Controlling (CO)?

Response:

/
 2

16

12

Question: Score 1 of 1

Which data do you define on the bank master record?

Note: There are 2 correct answers to this question.

Response:

Address data and control data

Corresponding business area

A unique bank country

Payment and dunning information

Question: Score 1 of 1

The deletion flag is one of the requirements that the system checks before archiving the
master data. Determine whether this statement is true or false.

Response:

True

False

Question: Score 1 of 1

What happens to the transaction figures when you post a normal reversal posting?

Response:

They are reset.

They are increased.

/
 They are deleted

They are cleared.

Question: Score 1 of 1

Which of the following steps are parts of the process of configuring the payment program?

There are 3 correct answers to this question.

Response:

Configure the paying company codes

Configure the house banks

Configure the G/L account field status for document entry

Configure the payment methods for each company code

Question: Score 0 of 1

Which of the following are posted in the program FAA_DEPRECIATION_POST?

There are 3 correct answers to this question.

Response:

Parallel APC values

Ordinary depreciation such as book depreciation or imputed depreciation

Unplanned depreciation or other manually planned depreciation

Imputed interest

Question: Score 0 of 1

In which of the following segments of a customer or vendor master record can you enter
the terms of payment?
There are 3 correct answers to this question.

Response:

Client level segment

/
 Purchasing organization segment

Company code segment

Sales area segment

Question: Score 1 of 1

It is common for companies to receive invoices for the previous fiscal year at the
beginning of the new fiscal year. Which dates must have the same fiscal year in the
document entry?
Please choose the correct answer.

Response:

Document date and asset value date

Posting date and asset value date

Posting date and entry date.

Document date and posting date.

Question: Score 1 of 1

In a valuation method, which of the following is not a valuation approach for foreign
currency valuation?
Choose the correct answer.

Response:

Lowest value principle

High rate of interest principle

Revalue only

Strict lowest value principle

Question: Score 1 of 1

What dunning-related data do you maintain on the business partner master record?
There are 3 correct answers to this question.
/
Response:

Dunning block

Dunning procedure

Dunning area

Dunning interval

Dunning key

Question: Score 1 of 1

What should you check if the balance of the GR/IR account is not zero at the purchase
order item level on the balance sheet key date?

There are 2 correct answers to this question.

Response:

Check to see if the goods were delivered by the key date, but have not yet been invoiced.

Check to see if the goods were invoiced by the key date, but have not yet been delivered.

Check to see if the goods were ordered by the key date, but have not been received.

Check to see if the goods were produced by the key date, but have not been invoiced.

Question: Score 0 of 1

In the integrated scenario for down payments, in what step of the process do you enter
the down payment information?

Response:

Invoice verification

Purchase order creation

Down payment monitoring

Goods receipt creation

/
Question: Score 0 of 1

Which of the following retirement types is referred to as scrapping?

Response:

Unplanned depreciation of remaining value

Partial retirement without revenue and without customer

Complete integrated asset retirement

Complete retirement with revenue but without customer

Question: Score 0 of 1

Which statements best describe a chart of depreciation?

There are 2 correct answers to this question.

Response:

A chart of depreciation is mandated by a country's statutory requirement and should be

adopted as is.

A chart of depreciation contains multiple depreciation areas with a provision for addition and
deletion of depreciation areas.

A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use

the same chart of depreciation.

A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA.

Question: Score 1 of 1

Which of the following product lines does the SAP S/4HANA system rely on for most
human resource management functions?

Please choose the correct answer.

Response:

SAP Ariba

Concur

SAP Hybris

/
 SAP SuccessFactors

Question: Score 0 of 1

At what level is the bank master data stored in SAP S/4HANA?

Please choose the correct answer

Response:

At client level

At controlling area level

At company code level

At company level

Question: Score 1 of 1

What are the maintenance levels of a screen layout rule for asset classes?
Please choose the correct answer.

Response:

Depreciation area, asset class, main asset number, subnumber

Main asset number, subnumber, depreciation area

Asset class, depreciation area, main asset number, group asset

Asset class, main asset number, subnumber

Question: Score 1 of 1

What is the first step in the reconciliation process?

Please choose the correct answer.

Response:

Collect data from different companies

Communicate differences

Present reconciled and non-reconciled data

/
Question: Score 1 of 1

For which of the following special G/L transactions does the SAP S/4HANA application not
update the transaction figures?
Please choose the correct answer.

Response:

Customer account

Noted items

Vendor account

Special general ledger account

Question: Score 1 of 1

You want to quickly launch the balance sheet for the company code you are responsible
for from the SAP Fiori launchpad. What can you create to achieve this?

Response:

Your own application group

Your own financial statement version

Your own application catalog

Your own application tile

Question: Score 1 of 1

Which of the following control data is carried by asset classes?

There are 3 correct answers to this question.

Response:

Account determination

Insurance type

Number range interval

/
 Screen layout

Question: Score 1 of 1

Which of the following statements are valid for financial document number ranges?
There are 3 correct answers to this question.

Response:

The same financial document number range can be assigned to several document types.

Financial document number ranges defined at client level should NOT overlap.

Financial document number ranges are defined at company code level.

All financial document number ranges can contain numbers and/or letters.

Financial document number ranges must be defined for the year in which they are used.

Question: Score 1 of 1

Data in the SAP HANA database is stored in which two ways?

There are 2 correct answers to this question.

Response:

Column

Random

Row

Vector

Question: Score 0 of 1

You need to perform mid-year legacy system migration for assets in a new company code.
Which data must you migrate?

Note; There are 3 correct answers to this question.

Response:

Current year posted depreciation

/
 Current year asset acquisition transactions

Accumulated depreciation per cost center

Closed year asset sale transactions

Fully depreciated fixed asset master records

Question: Score 1 of 1

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 to this question.

Response:

Depreciation is posted in full.

Fixed asset fiscal year change is complete.

Assets are complete and error free.

General ledger and subledgers are closed.

Question: Score 1 of 1

Which information is checked by the system before a general ledger account k archived?

Response:

The Mark for Deletion indicator is set in master data

The Blocked for Posting indicator is set in master data.

The assigned group account is already archived.

The Open item Management indicator is set in master data

Question: Score 1 of 1

What is the recommended field status setting for fields in the customer-vendor account
groups in the Financial Accounting customizing?

Response: /
 Required

Hide

Optional

Display

Question: Score 1 of 1

Your customer wants the document numbers for two separate document types to share
the same number range. How can you achieve this?

Response:

Create two internal number ranges with the same range and assign one each to the relevant
document types.

Create two external number ranges with the same range and assign one to each of the
relevant document types.

Create a substitution rule that updates the document number based on the range you assign
in the rule definition.

Enter the same document number range in the customizing definition of both document
types.

Question: Score 1 of 1

What is the purpose of period interval 3 when you define open and closed periods?
Please choose the correct answer.

Response:

It is used for the authorization object for posting periods.

It is used for period lock in special purpose ledger.

It is used for posting from CO to FI.

It is used for special period posting.

Question: Score 1 of 1 /
Which field can you change on a posted invoice?
Please choose the correct answer

Response:

Special G/L indicator

Payment terms

Tax code

Cost center

Question: Score 1 of 1

Which stage of the sales process creates documents for both Materials Management and
Financial Accounting?

Response:

Shipping - goods issue

Shipping - delivery creation

Sales order creation

Billing

Question: Score 0 of 1

Which of the following are possible reasons that an invoice would not be paid?
There are 3 correct answers to this question.

Response:

An invalid house bank is selected.

The payment amount is less than the minimum amount specified for a payment.

The invoice has a debit balance.

The discount period has expired.

/
Question: Score 1 of 1

On which organization unit level do you define a chart of depreciation?

Response:

Asset class

client

Company code

Chart of accounts

Question: Score 0 of 1

In addition to the local and global currency in the universal journal, how many freely
defined currencies can you assign per company code and ledger.

Response:

10

Question: Score 1 of 1

Identify the application areas where validations and substitutions can be used.
There are 3 correct answers to this question.

Response:

FI – Financial Accounting

AA – Asset Accounting

SD – Sales and Distribution

CO – Cost Accounting

/
Question: Score 1 of 1

There are four dunning program steps that can be performed during the automatic
dunning procedure as follows: Arrange these steps into the correct sequence.

There are 3 correct answers to this question.

Response:

Maintain the parameters.

Schedule the dunning run.

Start the dunning printout.

Change the dunning proposal.

Question: Score 1 of 1

What are some of the benefits of SAP S/4HANA?

There are 2 correct answers to this question.

Response:

The data is available in real time at line item detail.

The data is aggregated on the fly from any line item table.

The data is summarized into higher levels of aggregates to help system performance.

The data is analyzed after it is extracted and loaded in the reporting system.

Question: Score 0 of 1

Which of the following is an example of an automatic offsetting entry?

Please choose the correct answer.

Response:

Posting of a guarantee of payment

Down payment request

Bank posting of a received down payment

/
Question: Score 0 of 1

Your customer wants the values for a special group of assets to be shown separately in
the general ledger. Which objects do you create in Customizing for Asset Accounting?

Note: There are 2 correct answers to this question.

Response:

Asset class

Depreciation area

Account determination key

Financial statement version

Question: Score 0 of 1

You are configuring depreciation areas in Asset Accounting. Which of the following
settings is NOT permitted?
Please choose the correct answer.

Response:

Area posts revaluation only

Area posts in real time

Area posts depreciation only

Area does not post

Question: Score 1 of 1

A message can contain up to six fields. Determine whether this statement is true or false.

Response:

False

True

Question: Score 1 of 1

/
What type of architecture does SAP Business Workflow use?
Please choose the correct answer.

Response:

Single-tier

Two-tier

Three-tier

Four-tier

Question: Score 0 of 1

You want to specify the financial statement version for asset reports in Customizing.
Where do you need to assign the financial statement version?

Response:

To each accounting principle

To each depreciation area

To each chart of depreciation

To each company code

Question: Score 1 of 1

Which objects can be posted to by more than one company code?

Note: There are 3 correct answers to this question.

Response:

Sales organization

Business area

Cost center

Profit Center

Segment

/
Question: Score 1 of 1

On which levels can you activate document splitting?

Note: There are 2 correct answers to this question.

Response:

Client level

Ledger level

Document type level

Company code level

Question: Score 1 of 1

Which SAP technological product provides the platform required for SAP to support the
digital transformation of an organization?
Please choose the correct answer.

Response:

SAP CRM

SAP Fiori

SAP HANA

SAP NetWeaver

Question: Score 1 of 1

What is the purpose of the group account number in General Ledger account master data
maintenance?

Response:

It determines the fields in the entry screen when you create or update a master record in the
company code

It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial
statement version.

It defaults the number interval that is applied for the G/L account number in the company
code.
/
 it is used for cross-company-code reporting if the company codes use different charts of
account.

Money Back Guarantee Testimonial FAQs Privacy Policy Terms and Conditions About Us Join Us Contact Us