SAP P_S4FIN_2023 Real 2024 Braindumps Mock Exam Dumps
P_S4FIN_2023 Exam Questions | Real P_S4FIN_2023 Practice Dumps
SAP P_S4FIN_2023 Exam Syllabus Topics:
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NEW QUESTION # 33
In your system, you are creating a new company code that requires an additional standard ledger.Which statements apply to a standard ledger?Note: There are 2 correct answers to this question.
- A. It is always active on the system level for all company codes.
- B. It must be assigned to an underlying ledger.
- C. If asset accounting is used, a depreciation area must be assigned.
- D. It will generate additional line items in ACDOCA for non-ledger-specific postings.
Answer: C,D
NEW QUESTION # 34
What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.
- A. A chart of depreciation
- B. A ledger account determination key
- C. An accounting principle
- D. An alternative depreciation area
Answer: B,C
Explanation:
Asset Accounting Configuration in SAP S/4HANA
NEW QUESTION # 35
Which checks can you run directly in an SAP ECC system to support the planning of a standard SAP S/4HANA conversion project? Note: There are 3 correct answers to this question.
- A. SAP Readiness Check
- B. Simplification Item-Check
- C. Global Performance Analysis
- D. Custom Code Check
- E. Authority Check
Answer: A,B,D
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 36
Which model can be used for ABAP cloud-native development?
- A. The SAP S/4HANA Cloud Extensibility Model
- B. The ABAP Cloud Development Model
- C. ABAP RESTful Application Programming Model
Answer: B
Explanation:
Managing Clean Core
NEW QUESTION # 37
Which reports are included with SAP S/4HANA, embedded analytics? Note: There are 2 correct answers to this question.
- A. SAP Analysis for Microsoft Office reports
- B. Multidimensional reports
- C. SAP Analytics Cloud reports
- D. Analytical List Page reports
Answer: B,D
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 38
A document can have up to 999999 line items in the universal journal (reporting or G/L view). How does this affect the entry view table?
- A. It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required.
- B. It is automatically extended to 999999 line items.
- C. It is still limited to 999 line items but you can configure summarization on certain criteria.
- D. It is still limited to 999 line items but the system automatically aggregates at account level.
Answer: C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 39
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answers to this question.
- A. All errors from the previous 2 fiscal years have to be corrected.
- B. All errors must be corrected before SUM (Software Update Manager) starts.
- C. Critical errors must be resolved in the production system before Go Live.
- D. Errors must be clarified, and uncritical errors can be accepted.
Answer: B,C
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 40
Which modules read and write line items of the universal journal (ACDOCA)? Note: There are 2 correct answers to this question.
- A. Account-based profitability analysis
- B. Actual costing
- C. Cash management
- D. Costing-based profitability analysis
Answer: A,C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 41
You want to post values of the incoming sales orders to both account-based CO-PA and costing-based CO-PA.
What do you need to do? Note: There are 2 correct answers to this question.
- A. Activate "Predictive Accounting" for sales processes at controlling area level
- B. Activate "Predictive Accounting" for billing document item categories
- C. Define the prediction ledger for your operating concern
- D. Set up an extension ledger with type "Line items with technical numbers"
Answer: A,B
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 42
In an SAP S/4HANA system, which of the following features is mandatory?
- A. Margin analysis
- B. Actual costing
- C. Material ledger
- D. Parallel ledgers
Answer: C
NEW QUESTION # 43
Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.
- A. Indexing
- B. Aging
- C. Storing
- D. Archiving
Answer: B,D
NEW QUESTION # 44
Which fields do you maintain when defining the source ledger for migration of balances? Note: There are 2 correct answers to this question.
- A. Company code
- B. Period
- C. Source table
- D. Year
Answer: A,D
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 45
What must you create before you can record commitments in the universal journal?
- A. Extension ledger
- B. Derivation rule
- C. Statistical cost elements
- D. Number ranges
Answer: A
NEW QUESTION # 46
Your customer wants to maintain the current customer and supplier account numbers even after migrating to business partners. The customer also wants to ensure the account numbers continue to be aligned after the conversion .What settings must be made to ensure this? Note: There are 2 correct answers to this question
- A. Use external number ranges in the customer and supplier account groups for the conversion.
- B. Use external number ranges in the BP groupings for the conversion.
- C. Use internal number ranges in the BP groupings after the conversion
- D. Use internal number ranges in the customer and supplier account groups after the conversion
Answer: A,D
NEW QUESTION # 47
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.
- A. All errors must be corrected before SUM (Software Update Manager)starts.
- B. All errors related to closed years can be ignored.
- C. Critical errors must be resolved in the production system before Go Live.
- D. Errors must be clarified, and uncritical errors can be accepted
Answer: A,C
NEW QUESTION # 48
In your system, you are creating a new company code that requires an additional standard ledger.
Which statements apply to a standard ledger? Note: There are 2 correct answers to this question.
- A. It is always active on the system level for all company codes.
- B. It must be assigned to an underlying ledger.
- C. If asset accounting is used, a depreciation area must be assigned.
- D. It will generate additional line items in ACDOCA for non-ledger-specific postings.
Answer: C,D
Explanation:
Asset Accounting Configuration in SAP S/4HANA
NEW QUESTION # 49
In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.
- A. Between two profit centers
- B. Between two accounting principles
- C. Between two company codes
- D. Between two storage locations
Answer: A,C
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 50
Your customer uses the ledger approach to multiple valuation.During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this question.
- A. Convert all accounts of parallel valuations to reconciliation accounts.
- B. Configure delta depreciation areas to no longer post to the general ledger.
- C. Assign accounting principles to all real and derived depreciation areas.
- D. Define the document type for the accounting-principle-specific documents.
Answer: A,C
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 51
Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.
- A. The posting period variant for the extension ledger
- B. The valuation view for the extension ledger
- C. The financial statement version for both types of ledgers
- D. The fiscal year variant for the standard ledger
Answer: A,D
NEW QUESTION # 52
What system configuration in your customer's current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?
- A. The system uses costing based CO-PA.
- B. The system uses classic asset accounting to manage fixed assets.
- C. The customer uses the accounts approach for parallel accounting.
- D. The customer does NOT use business partners to manage customers and suppliers.
Answer: B
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 53
You want to set up a multi-level gross margin report in profitability analysis (CO-PA).What do you customize to report the fixed and variable values separately?Note: There are 2 correct answers to this question.
- A. Margin analysis: no specific customizing is necessary
- B. Margin analysis: assign different accounts (assignment of different accounts is necessary)
- C. Costing-based CO-PA: no specific customizing is necessary
- D. Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)
Answer: B,D
NEW QUESTION # 54
You activate account-based CO-PA (Profitability Analysis) during migration.How is the system affected?
Note: There are 3 correct answers to this question.
- A. Characteristics will be added to the universal journal.
- B. Value fields will be added to the universal journal.
- C. Cost-based CO-PA can still be used in parallel.
- D. Cost component split (COGS) can be configured in financial accounting.
- E. Historical data will be enriched with characteristics by derivation.
Answer: A,C,D
NEW QUESTION # 55
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