At which levels do you choose between direct and indirect quotation? Note: There are 2 correct answers to this question.
Exchange rate type
Country
Company code
Client
Which of the following organizational elements can be shared by several company codes? Note:
There are 3 correct answers to this question.
Segment
Business area
Sales organization
Plant
Profit center
SAP S/4HANA has introduced the Universal Journal (table ACDOCA) which represents the single
source of truth.
Which line items are recorded in the table ACDOCA? Note: There are 3 correct answers to this question.
Primary costs resulting from a distribution
Secondary costs resulting from an assessment
Intercompany postings
Budgeted costs for a cost center
Plan depreciation amounts
Your company follows IFRS accounting principles and needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.
Profitability segments
Document splitting
Segments
Profit centers
Business areas
At which level do you define functional areas?
Controlling area
Financial statement version
Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this
question.
30 = Group currency
20 = Controlling area currency
00 = Document currency
10 = Company code currency
00= Document currency
10= Company code currency
You want to implement purchase order accruals in SAP S/4HANA.
Which of the following use cases are relevant? Note: There are 2 correct answers to this question.
Purchase of raw materials for inventory
Purchase of fixed assets (using direct capitalization method)
Purchase of services
Purchase of consumable materials
You want to assign your 3 newly created company codes to the same controlling area.
Which settings must be common to all the company codes? Note: There are 2 correct answers to this question.
Posting period variant
Fiscal year variant
Operating chart of accounts
Source currency for group currency
Your company structures its Profit & Loss (P&L) statement according to cost-of-sales accounting.
Which organizational unit do you need to define?
Functional area
Your company based in France has a permanent establishment in Switzerland where financial statements are required by law.
Which organizational unit do you need to create for the permanent establishment in Switzerland?
Which object is used to directly support the preparation for consolidation?
Segments/Profit Centers
Functional Areas
Ledgers/Ledger Groups
Company/Trading Partner
Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.
60 = Global company currency
40 = Hard currency
60= Global company currency
30= Group currency
In which scenarios is the technical clearing account posted? Note: There are 2 correct answers to this question.
Asset transfer posting between asset classes
Settlement of an investment order to an asset under construction
Direct asset acquisition posting with a vendor invoice (not linked to a purchase order)
Valuated goods receipt on a purchase order with an asset as account assignment
You post an unplanned depreciation to an asset. What is the effect on FI-AA and FI-GL?
Posting is done in FI-AA and in FI-GL online and in real time.
Posting is done in FI-AA in real time and in FI-GL once the periodic posting program has run.
Posting is done in FI-AA in real time and in FI-GL once the depreciation posting program has run.
Posting is not done in FI-AA and in FI-GL until the depreciation posting program has run.
What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.
It must be linked to leading ledger OL.
It cannot take over values from other areas.
It must always post in real time.
It must be defined as a cost accounting valuation area type.
On which levels can you define the technical clearing account for Integrated Asset Acquisition in
Customizing? Note: There are 2 correct answers to this question.
Account determination
Chart of Accounts
Depreciation area
Asset Class
You want to post depreciation costs of one asset to two cost centers. How do you do this?
You assign a statistical order in the asset master data which you settle periodically to two cost centers.
You assign a real cost center and a statistical cost center in the asset master data.
You assign a real internal order in the asset master data which you settle periodically to two cost centers.
You assign two real cost centers in the asset master data.
You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to .
What is the cause of the error?
You have incomplete asset master records.
You have not closed the previous fiscal year.
You have not posted depreciation completely.
You have not run the settlement for your assets under construction.
You define the technical clearing account for Integrated Asset Acquisition in Customizing. Which prerequisites must be met? Note: There are 2 correct answers to this question.
The account is a balance sheet account.
The account is defined as open item managed.
The account is defined in the account determination for each asset class.
The account is defined as a reconciliation account for fixed assets.
On which levels do you define FI-AA account determination? Note: There are 2 correct answers to this question.
Chart of depreciation
Chart of accounts
Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?
Does not post to G/L
Posts to G/L in real time
Posts APC real time and depreciation periodically
Posts to G/L periodically
Which of the following objects is only a statistical account assignment for cost postings to an asset?
Internal order
Cost center
WBS element
You post a vendor invoice for asset acquisition without reference to a purchase order. Which accounting documents are generated?
One document per accounting principle
One document for all accounting principles
One document per accounting principle & one document for all accounting principles
Separate documents for each and every accounting principle
You have activated the WBS Element (not related to Investment Management) as an account assignment for with the parameters "balan sheet" and "identical" active.
What are the consequences? Note: There are 2 correct answers to this question.
The WBS Element is available for input in the asset master record.
The WBS Element from the asset master data can be changed during planned depreciation posting.
The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
The WBS Element cannot be used anymore for settlement.
You perform the depreciation run for your assets. For a specific asset, you would like to post the depreciation costs to a different cost center than the one specified in the asset master data. How do you achieve this?
By changing the corresponding error into a warning via configuration
By creating a substitution in Financial Accounting line items
By removing the cost center from the asset master data
By setting the "identical" parameter as not activated in the account assignment configuration
What can you achieve with the legacy data transfer in via transaction AS91?
Setting the company code status for legacy data transfer
Creation of master data
Posting the summary write off in G/L
Posting of take over values
What are the consequences of the activation of segment reporting in ? Note: There are 2 correct answers to this question.
The segment is automatically updated in existing asset master data.
The segment appears in the screen layout for asset master data.
The segment appears in the additional account assignment configuration.
The segment activation can be reversed.
You try to assign an alternative account to a G/L account but receive an error message. What can be the reason?
You have not assigned the alternative chart of accounts to your operational chart of accounts.
The alternative account has not been created for the company code.
You have not assigned the alternative chart of accounts to your company.
The alternative account is already assigned to another G/L account for the company code.
You notice that in the entry view of a document you have fewer items than in the general ledger view.
What is the reason for this?
The sub-ledger accounts are shown in details in the general ledger view.
An extension ledger has been configured.
Document splitting has been activated.
The sales tax is posted in details in the general ledger view.
What does the fiscal year variant define? Note: There are 2 correct answers to this question.
The posting periods open for posting
The number of posting periods
The start and end date of posting periods
The authorization to post to special periods
You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems.
How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?
01
10
15
05
15.0
Where do you assign the group chart of accounts?
Company
General ledger account
From which G/L account types are values shown in the profit and loss (P&L) statement? Note: There are 3 correct answers to this question.
Non-operating Expense or Income
Balance Sheet Account
Primary Costs or Revenue
Secondary Costs
Cash Account
What is the prerequisite for a G/L account to switch off open item management for it?
It has not been posted to.
It has a zero balance.
It has been blocked against postings.
It has no open items.
Where do you assign the currency type?
Accounting principle
Valuation area
Ledger
On which level do you maintain the currency translation ratio between two currencies?
Currency type
Document type
Valuation type
You try to create a G/L account but you get an error because the account number is not in the accepted range.
Which object do you need to customize to extend the number range?
Account group
Account type
Tolerance group
What separates the leading ledger from other parallel standard ledgers?
It is assigned to all company codes.
It is used for performing segment reporting.
It is used to represent the group valuation.
It doesn't derive values from other ledgers.
You are posting a general journal entry for your company code. After posting the entry, you notice the document number is in the wrong number range.
After reversing the document, what do you need to change when reposting the document?
Assignment
Document number
Posting key
When defining a new standard ledger, which action must you take to manually post a general journal entry to it?
Include the ledger in a ledger group
Define the underlying ledger
Assign a chart of accounts to the ledger
Assign the ledger to a company code
You want to post a reversal for a document posted in a closed posting period.
Which object do you configure to allow you to enter the reversal with a date different from the original document?
Reversal reason
Reversal method
You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. All customizable fields have been set to option in the field status.
Which fields must you always maintain when extending a G/L account? Note: There are 2 correct answers to this question.
Account currency
Account number
Field status group
Sort key
Which fields are maintained on the chart of accounts level of a G/L account? Note: There are 3 correct answers to this question.
Group account number
Short text
Alternative account number
You notice that the GR/IR account does not have a zero balance.
What could be the cause? Note: There are 2 correct answers to this question.
A purchase order has a goods receipt and an invoice receipt with the same quantity and values.
A purchase order has a goods receipt and an invoice receipt with the same quantity but with different values.
A purchase order has a partial goods receipt for which we have not yet received an invoice.
A purchase order has a partial invoice receipt but not yet a goods receipt.
You are implementing the Cockpit for your organization.
What are the advantages of defining task grou ps? Note: There are 2 correct answers to this question.
It allows cross task list monitoring of task status.
It allows cross template maintenance.
It covers multiple companies with same or similar tasks.
It allows cross task list execution of tasks.
Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.
Balance valuation on items for balance sheet accounts not defined as open item management
Balance valuation on items for balance sheet accounts defined with ledger group specific open item management
Line item valuation for balance sheet accounts defined as open item management
Line item valuation for balance sheet accounts not defined as reconciliation account
What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.
Define the document type for the valuation posting
Define the valuation procedure
Determine the exchange rate type
Determine the G/L accounts for the valuation posting
Define the posting and reversal date for the valuation posting
Where can you see the matching results from the Intercompany Matching and Reconciliation tool?
In the Consolidation Journal table (ACDOCU)
In the Universal Journal table (ACDOCA)
In the Accounting Document Segment table (BSEG)
In an application specific table (ICADOCM)
Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.
Standard inventory method
Continuous inventory method
Periodic inventory method
Actual inventory method
Cycle counting method
Your organization has heard about SAP Intercompany Matching and Reconciliation (ICMR) and is wondering whether it could address their needs.
For which purposes can ICMR be useful? Note: There are 2 correct answers to this question.
To generate automatic posting to correct intercompany discrepancy
To trigger elimination of intercompany revenues & costs based on rules configured
To highlight and solve intercompany data discrepancy triggering a workflow
To generate automatic elimination of intercompany AR/AP balances
You run a financial statement report and notice the net profit calculated is different than what you
expect.
What could cause the issue? Note: There are 2 correct answers to this question.
You have added an account to the wrong node and it is included in the assets section.
You have added an account to the liabilities node that belongs to the financial statement notes.
You have accounts that you have not assigned in the financial statement version.
You selected account group assignment by balance for an account and it is displayed as a liability.
How does the system determine the relevant accounting principle when performing foreign currency valuation?
Via the valuation type
Via the valuation method
Via the valuation class
Via the valuation area
As a pre-closing activity, selected suppliers are to confirm their balances.
Which confirmation procedure do you use when a response is expected only in case of discrepancies?
Account statement
Balance notification
Balance request
Balance confirmation
On what level can you restrict postings using the posting period variant? Note: There are 2 correct answers to this question.
Customer reconciliation account
Fixed asset number
G/L account
Supplier account
You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed.
What account does the system use to post the valuation differences?
Individual supplier accounts with special G/L indicator
Adjustment G/L account for foreign currency
Alternative reconciliation G/L account
Supplier reconciliation G/L account
How would you define Intercompany Matching and Reconciliation (ICMR)? Note: There are 2 correct answers to this question.
It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
It is a solution that facilitates transaction matching between systems in Central Finance.
It is a solution that can be integrated with Group Reporting.
It is a solution embedded in the SAP S/4HANA core.
The SAP Business Network helps customers digitalize cross-company business processes.
On which solutions does the network build? Note: There are 3 correct answers to this question.
Contingent Workforce
Travel
Human Capital Management
Procurement
Sales
Which component of the Intelligent Enterprise allows customers to discover and deploy vertical solutions from SAP and partners?
Industry Cloud
Intelligent Suite
Experience Management
Business Network
Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.
Make Bank Transfers
Customer Accounting Document
Manage Chart of Accounts
Accounts Payable Overview
How are pages assigned to users on the SAP Fiori Launchpad?
Via sections assigned to business roles which are assigned to users
Directly to business roles which are assigned to users
Via groups assigned to business roles which are assigned to users
Via spaces assigned to business roles which are assigned to users
What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.
It provides data management and analytics.
It supports customers in understanding their stakeholder's needs.
It helps customers to collaborate to build flexible value chains.
It supports application development and integration.
What are the 3 mandatory steps of the dunning process in the SAP S/4HANA system? Note: There are
3 correct answers to this question.
Maintain the parameters of the dunning program
Start the dunning printout
Approve the dunning proposal
Change the dunning proposal E. Schedule the dunning run
Schedule the dunning run
You need to explain the concept of noted items in SAP S/4HANA.
Which characteristics are specific to noted items? Note: There are 3 correct answers to this question.
They can be accessed by the payment program and the dunning program.
They are managed as open items on customer and vendor accounts.
They generate statistical postings.
They generate postings that do not balance.
They update the general ledger in Entry View only.
You have made an agreement with a customer to guarantee an amount of EUR 10000. What is the result of recording this guarantee in SAP S/4HANA?
Two statistical line items
Two noted items
One noted item
One statistical line item
You want to include multiple company codes in a single payment run. What are the prerequisites for the company codes?
They must belong to the same controlling area.
They must all belong to the same company.
They must be located in the same country.
They must have the same configuration for payment transactions.
They must be located in the same country
You have cleared a customer open item but want to undo this action.
What are the available options? Note: There are 2 correct answers to this question.
Repost the clearing document
Reverse the clearing document
Reset and reverse the clearing document
Reset the clearing document
The 3-way match is the standard procedure used to post procurement transactions in SAP S/4HAN A. How does it work?
The invoice needs to be created in reference to the goods receipt.
The purchase order needs to be created in reference to a purchase request.
The 3 logistical steps each generate financial documents.
The goods receipt needs to be created in reference to the purchase order.
At which levels can the print program and its variant be assigned to the correspondence type? Note:
There are 2 correct answers to this question.
System
You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored.
What are the reasons? Note: There are 2 correct answers to this question.
The credit memo was entered in Financial Accounting.
The credit memo was created without reference to an invoice.
The field "Reference" of the credit memo is blank.
The due date determined based on the entered payment terms is in the past.
The credit memo was entered in Financial Accounting
What do you configure for regrouping receivables and payables?
Provision Method
Calculation Method
Valuation Method
Sort Method
What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.
The type of payment notice sent to a customer
The account where a residual item is posted
The document type of the payment
The special G/L indicator for the down payment
The exclusion of disputed residual items from credit limit checks
Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.
Days in arrears
Payment deadline
Interest indicator
Line item grace period
You post an incoming payment from a customer with a residual item for a payment difference. What are the consequences? Note: There are 2 correct answers to this question.
The residual item is written off to a cost account.
The residual item becomes a new receivable.
Both the original open item and the residual item remain on the account as open items.
The original document and the payment are cleared.
The residual item becomes a new receivable
You define payment methods.
Which parameters do you define on the level of the company code? Note: There are 2 correct answers to this question.
Foreign currency allowed
Minimum and maximum payment amounts
Payment Medium
Permitted Currencies
In the standard sales process, when is the COGS posting generated in Financial Accounting?
Issue customer invoice
Do PGI (Post Goods Issue)
Create billing document
Create delivery document
Which date must the system determine when you enter an invoice that needs to be paid?
Order date
Payment date
Reference date
Baseline date
Which of the following API types does SAP recommend to use to achieve clean core integrations? Note: There are 2 correct answers to this question.
SOAP
OData
IDoc
RFC
Which of the following can you use to explore released APIs?
SAP Application Interface Framework
SAP Business Accelerator Hub
SAP Integration Suite
What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.
Establish regular housekeeping tasks and procedures.
Establish an organizational structure, technical foundation, and transformation methodology for clean core.
Define roles and responsibilities as part of a process transformation office.
Establish release management.
Integrate clean core practices in the end-to-end value process chain.
Which model can be used for ABAP cloud-native development?
The ABAP Cloud Development Model
ABAP RESTful Application Programming Model
The SAP S/4HANA Cloud Extensibility Model
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