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SAP Certified Application Associate - SAP S/4HANA Cloud - Finance Implementation Sample Questions:

1. What is Guided Data Migration?

A) Evaluate which business processes and which country versions are active in your solution
B) New customers take advantage of template based approach
C) Data migration objects proposed based on the selected business scenarios
D) Installed base customers can connect their SAP Business Suite system
E) Execute data migration directly out of "manage your solution"

2. Post an integrated complete retirement for your machine ## (value date for sale: July 1st, Current Year. You
gain a sales price/sales revenue of €50,000 (net). The Revenue from asset retirement account has the number
70020000 in the chart of accounts you are using. Use the customer 10100001 and a 0% output tax (A0).
Note: There are 2 correct answers to this question.

A) Check the documents posted for the year and the planned depreciation values. You should see three
documents: the acquisition, the credit memo, and the sale invoice. In the Posted Values tab, you can see
that depreciation calculation stops after the date of the asset sale.
B) On the Fiord Launchpad screen, in the Reporting group, choose the Asset Values tile. If it is not there,
use the search function.
C) On the Asset Retire. frm Sale w/Customer: Header Data screen
D) On the Fiori Launchpad screen, in the Document Entry group, choose the tile Asset Sale with Invoice.
E) The asset values should be shown by default, if not enter the company code, asset, and select Refresh
Asset.

3. What is SAP Activate Implementation Approach?

A) Use an agile approach
B) Activate methodology represents a move from the traditional requirements driven approach (highly
customized time consuming and costly)
C) Accelerate processes with tools, templates and predefined content
D) Integrate with Cloud Solutions

4. You are preparing for data migration for a new SAP S/4HANA Cloud customer.
What must the customer do to prepare?
Note: There are 1 correct answers to this question.

A) Define specifications for data extraction on legacy system.
B) Select the applicable data migration objects from the complete list of objects.
C) Design the interfaces with the non-SAP legacy system for mass transfer.
D) Change the provided Microsoft Excel templates to match the customer's
requirements

5. The asset history sheet is a required part of the external financial statements in many countries. You want to
call up the asset history report to view all changes to your company's asset portfolio in the current fiscal year.
Remain in the asset history sheet and determine the book value of your asset Office building Hamburg ## on
the report run date?
Note: There are 1 correct answers to this question.

A) He functionality to create, display, and change data for existing banks in the company
B) Go to the SAP Fiori Launchpad and, in the Reporting group of the Launchpad
C) Search the asset number for your Office building Hamburg ##
D) To run the report, choose Go

Solutions: