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NEW QUESTION 14
The classic Asset Accounting posts acquisitions and retirements for a second accounting principle to an extra offset account in the account approach. How is this handled in new Asset Accounting using an accounts approach in SAP S/4HANA?
- A. The extra offset account is obsolete and will be replaced by the technical clearing account.
- B. The accounts approach must be replaced because the ledger approach is the only valid option
- C. There is no need to use such offset accounts anymore because of real-time postings.
- D. The extra offset account has to be used as in the classic Asset Accounting.
Answer: A
NEW QUESTION 15
You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?
- A. The new refinement for cost of goods sold postings in account-based CO-PA
- B. Valuation using material cost estimate in costing-based CO-PA and account-based-COPA
- C. Valuation using material cost estimate in costing-based CO-PA
- D. Valuation using material cost estimate in account-based CO-PA
Answer: A
NEW QUESTION 16
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA?
There are 3 correct answer to this question.
- A. You cannot configure and activate document splitting.
- B. You must use accounts approach to parallel valuation.
- C. You must define valuation areas for foreign currency valuation.
- D. You must configure profit center and segment accounting.
- E. You cannot continue to use the consolidation staging ledger.
Answer: A,D,E
NEW QUESTION 17
Which transactions generate a prima nota entry in the system in addition to the universal journal entry?
There are 2 correct answers to this question.
- A. Post FI supplier invoice (FB60)
- B. Post time sheet data to Controlling (CAT7)
- C. Settlement of internal order (KO88)
- D. Assessment cycle of cost centers (KSU5)
Answer: A,B
NEW QUESTION 18
What data for asset accounting is stored in the universal journal?
- A. Actual depreciation of all depreciation area that are set to post depreciation periodically
- B. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.
- C. Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L
- D. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.
Answer: A
NEW QUESTION 19
What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.
- A. Consolidation model
- B. Ownership model
- C. Source model
- D. Exchange Rate model
Answer: C,D
NEW QUESTION 20
You post a payment to a supplier invoice. In the universal journal table you see more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? There are 2 correct answer to this question.
- A. Zero balance Indicator for profit center
- B. An additional accounting principle
- C. An extension ledger
- D. A non-leading ledger
Answer: B,C
NEW QUESTION 21
The ACDOCA table has a 6-digit field for document line numbers. However, CO documents updating the COEP table are still limited to 999 lines. How does SAP S/4HANA handle large line item numbers when updating the CO documents?
- A. It creates a new document when there are more than 999.999 lines
- B. It outputs an error message when there are more than 999 lines.
- C. It creates a new document when there are more than 999 lines.
- D. It no longer assigns CO-specific document numbers.
Answer: C
NEW QUESTION 22
You select the configuration option Set Migration to complete in the conversion of Accounting to SAP S/4HANA.
What does this mean?
There are 3 correct answers to this question
- A. All error messages have been accepted
- B. Migration for logistics can begin
- C. The previous year can be reopened
- D. All views are generated successfully
- E. Customizing is consistent
Answer: A,D,E
NEW QUESTION 23
Which modules read and write line items of the universal journal (ACDOCA)? There are 2 correct answers to this question
- A. Account based Profitability-Analysis
- B. Costing-based profitability analysis
- C. Actual costing
- D. Cash Management
Answer: A,B
NEW QUESTION 24
How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation? Please choose the correct answer.
- A. By running the periodic acquisition and production cost posting
- B. By running the monthly depreciation posting
- C. By entering manual corrective clearing transfer postings
- D. By maintaining the offset account in the asset account determination
Answer: D
NEW QUESTION 25
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.
- A. Between two company codes
- B. Between two plants
- C. Between two profit centers
- D. Between two accounting principles
Answer: A,C
NEW QUESTION 26
Which of the following is a prerequisite to activating takeover values between depreciation areas?
- A. Takeover values are possible across all depreciation areas
- B. Depreciation areas must be assigned to the same accounting principles
- C. Only the depreciation area for book depreciation is assigned 00
- D. Only one depreciation area per chart of depreciation is assigned 00
Answer: A
NEW QUESTION 27
How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?
- A. The data from previous years is archived.
- B. A clone of the productive system is used.
- C. SQL database commands are used to accelerate the migration
- D. Optimized data compression is used to minimize the data volume.
Answer: B
NEW QUESTION 28
What function is delivered with business function EA-FIN to support SAP S/4HANA? Please choose the correct answer.
- A. New Depreciation Engine
- B. Special valuations
- C. Parallel ledgers
- D. Parallel depreciation areas
Answer: A
NEW QUESTION 29
Which reports are included with SAP S/4HANA, embedded analytics? There are 2 correct answer to this question.
- A. Analytical List Page reports
- B. SAP Analysis for Microsoft Office reports
- C. SAP Lumira reports
- D. Multidimensional reports
Answer: A,D
NEW QUESTION 30
How data is converted during an SAP S/4HANA standard conversions?
- A. Only company codes flagged as productive with all years
- B. All company codes for the years you specify
- C. All company codes with all data of all years
- D. Only company codes and years selected in the customizing for migration
Answer: C
NEW QUESTION 31
What are the data sources for cash management in SAP S/4HANA? There are 3 correct answers to this question.
- A. Purchase order records
- B. Memo records
- C. Sales order records
- D. Consolidation records
- E. Price records
Answer: A,B,C
NEW QUESTION 32
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA?
Note: There are 2 correct answers to this question.
- A. It is available only for new installations.
- B. It will NOT have any valuation view assigned to the ledger.
- C. It requires a non-leading ledger for parallel valuations.
- D. It utilizes separate amount columns in the same ledger.
Answer: B,D
NEW QUESTION 33
Which information will be migrated automatically during an SAP S/4HANA finance migration? There are
3 correct answers to this question.
- A. Authorizations
- B. Material ledger customizing
- C. General ledger customizing
- D. Business partners customizing
- E. Account balances
Answer: A,B,E
NEW QUESTION 34
There are 8 customer-specific charts of depreciation in the client that area assigned to 22 active company codes, as required Additionally, there are 7 reference and unused. How many you charts of depreciation do you migrate?
- A. 0
- B. 1
- C. 2
- D. 3
- E. 4
Answer: E
NEW QUESTION 35
What are possible post-migration activities for SAP S/4HANA migration projects? Note: There are 2 correct answers to this question.
- A. Calculate the net due date and discount due dates for open items
- B. Update the open items through data aging.
- C. Transfer archived documents into ACDOCA.
- D. Fill offsetting accounts in financial documents.
Answer: A,D
NEW QUESTION 36
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: A,C
NEW QUESTION 37
What must always be activated after the installation of SAP S/4HANA?
- A. Credit management
- B. Transfer prices
- C. Material ledger
- D. Profit center accounting
Answer: C
NEW QUESTION 38
What are the improvements to new cash pooling? There are 2 correct answers to this question.
- A. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made.
- B. The balance before concentration and the simulated balance after the concentration can be compared.
- C. The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.
- D. Different payment methods for payment requests can be specified in different paying company codes.
Answer: B,C
NEW QUESTION 39
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