SAP P-S4FIN-2020 Real 2022 Braindumps Mock Exam Dumps
P-S4FIN-2020 Exam Questions | Real P-S4FIN-2020 Practice Dumps
NEW QUESTION 34
An asset is being acquired through integration with procurement. How is the asset acquisition value posted? Please choose the correct answer.
- A. Valuated acquisition is posted at settlement.
- B. Non-Valuated acquisition is posted at goods receipt.
- C. Non-valuated acquisition is posted at invoice receipt.
- D. Valuated acquisition is posted at invoice receipt.
Answer: C
NEW QUESTION 35
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. Cloud multi-tenant
- B. On Premise
- C. Cloud single-tenant
- D. Central finance
Answer: B
NEW QUESTION 36
What processes do you perform as part of liquidity management? Note: There are 3 correct answers to this question.
- A. Monitor cash flow
- B. Post credit memos
- C. Forecast balances
- D. Review credit standing
- E. Perform planning
Answer: A,C,E
NEW QUESTION 37
What happens during the migration activity Regenerate CDS Views and Field Mapping? Note: There are
2 correct answers to this question.
- A. The OData services for SAP Fiori integration are activated.
- B. The redirection of SELECT statements is generated.
- C. The field mapping for the customer and vendor integration is created.
- D. The customer-specific fields are included in the data migration procedure.
Answer: B,D
NEW QUESTION 38
Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLT0. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs? Please choose the correct answer.
- A. The content of the table is deleted, and a compatibility view is generated.
- B. The entries of the table are converted into column store
- C. The balances of the table are posted as additional line items in the universal journal.
- D. The table is treated as a transient provider using BW query functionality.
Answer: A
NEW QUESTION 39
How can financial data be stored in the SAP S/4HANA system tables? Note: There are 2 correct answers to this question.
- A. There can be a line item in ACDOCA without a corresponding line item in BSEG.
- B. There can be a line item added in BSEG without a corresponding line item in ACDOCA.
- C. There can be a line item in ACDOCA without a corresponding line item in BKPF.
- D. There can be a line item in BSEG without a corresponding document in BKPF.
Answer: A,C
NEW QUESTION 40
You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?
- A. Define two valuation methods and assign the accounting principles to the new valuation method
- B. Define a valuation area and extension ledger to link with the new valuation area
- C. Define a valuation area and ledger group for two ledgers to link with the new valuation area.
- D. Define two valuation areas and two accounting principles with relevant links to ledgers
Answer: D
NEW QUESTION 41
What are the key components of the intelligent enterprise by SAP? There are 3 correct answers to this question
- A. Seamless integration
- B. Intelligent Technologies
- C. Intelligent Suite
- D. Hybrid cloud
- E. Digital Platform
Answer: B,C,E
NEW QUESTION 42
What are the key components of the Intelligent Enterprise by SAP? There are 3 correct answer to this question.
- A. Hybrid Cloud
- B. Seamless integration
- C. Intelligent technologies
- D. Digital platform
- E. Intelligent suite
Answer: C,D,E
NEW QUESTION 43
What setting must be identical between the company code and controlling area? Please choose the correct answer.
- A. The number of postings and special periods
- B. The number of posting periods.
- C. The fiscal year variant key
- D. The number of special periods
Answer: C
NEW QUESTION 44
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. Actual costing
- C. Costing-based profitability analysis
- D. Cash Management
Answer: A,C
NEW QUESTION 45
What function is delivered with business function EA-FIN to support SAP S/4HANA?
- A. Parallel ledgers
- B. Parallel depreciation areas
- C. New Depreciation Engine
- D. Special valuations
Answer: C
NEW QUESTION 46
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? There are 3 correct answers to this question.
- A. Define depreciation areas for all currency types
- B. Close all fiscal years except the current one.
- C. Define a technical clearing account for integrated acquisitions.
- D. Assign accounting principles to all depreciation areas
- E. Activate enterprise extension EA-FIN
Answer: A,B,E
NEW QUESTION 47
For which functionality is a productive material ledger a prerequisite?
- A. Parallel valuation for transfer pricing
- B. Parallel currencies in the universal journal
- C. Actual activity price determination
- D. Actual costing
Answer: B,D
NEW QUESTION 48
You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA.
Why do you retract the plan data from SAP Business Planning and Consolidation for SAP SI4HANA and return it to the standard planning tables? Note: There are 2 correct.
- A. To perform availability
- B. To prepare for financial consolidation
- C. To perform planning allocation
- D. To use standard SAP GUI plan/actual reporting
Answer: C,D
NEW QUESTION 49
Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.
- A. Transfer Prices
- B. Plan data
- C. Parallel currencies
- D. Actual costing results
Answer: A,C
NEW QUESTION 50
You are converting your system to SAP S/4HANA.
In your system you have:Three company codes assigned to a single controlling areaControlling area is assigned to fiscal year variant K4.Two company codes assigned to fiscal year variant K2One company code assigned to variant K3. During conversion to SAP S/4HANA, what do you need to change?
- A. Change the controlling area to fiscal year variant K3.
- B. Change all company codes and the controlling area to fiscal year variant K2.
- C. Change all company codes to fiscal year variant K2.
- D. Change all company codes to fiscal year variant K4
Answer: D
NEW QUESTION 51
On what level can you assign a fiscal year variant to a company code?
- A. Ledger
- B. Accounting principle
- C. Valuation area
- D. Depreciation area
Answer: B
NEW QUESTION 52
What system configuration in your customers current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA? Please choose the correct answer.
- A. The customer does NOT use business partners to manager customers and suppliers.
- B. The customers use the accounts approach for parallel accounting.
- C. The system has document splitting activated for all company codes.
- D. The system uses classic asset accounting to manage fixed assets.
Answer: D
NEW QUESTION 53
What do you configure to enable the automatic creation of a vendor when you create a business partner? There are 2 correct answers to this question.
- A. The partner functions for vendors
- B. The incoterms for vendors
- C. The business partner grouping key
- D. The customer/vendor integration interface
Answer: C,D
NEW QUESTION 54
At which level does the functional migration for finance data have to be performed?
- A. Company code
- B. Controlling area
- C. System
- D. Client
Answer: A
NEW QUESTION 55
What must you create before you can record commitments in the universal journal? Please choose the correct answer.
- A. Mapping for condition types
- B. Non-leading standard ledger
- C. CO version
- D. Extension ledger
Answer: D
NEW QUESTION 56
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SAP S/4HANA Financials Professional Certification Exam Details:
| Passing Score | P_S4FIN_2020 - 60% P_S4FIN_1909 - 61% |
| Reference Books | S4F01 (SAP S/4HANA 2020) S4F02 (SAP S/4HANA 2020) S4F03 (SAP S/4HANA 2020) S4F01 (SAP S/4HANA 1909) S4F02 (SAP S/4HANA 1909) S4F03 (SAP S/4HANA 1909) |
| Exam Name | SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) |
| Schedule Exam | SAP Training |
| Number of Questions | 80 |
| Sample Questions | SAP S/4HANA Financials Professional Certification Sample Questions |
SAP P-S4FIN-2020 Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books |
|---|---|
| Basics of SAP HANA, SAP S/4HANA and SAP Fiori < 8% | Explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy. |
| Financial Accounting Configuration in SAP S/4HANA > 12% | Describe the new master data maintenance model and explain the changes to authorizations. Describe the enhancement to Ledgers with the Universal Journal; customize and use the Extension Ledger functionality; configure and Use Document Splitting; post documents to Financial Accounting; perform closing operations, and explain Financial Accounting integration. |
| System Preparation and Configuration for Conversion of Financials in SAP S/4HANA > 12% | Run pre-conversion tests, perform customer-vendor integration, customize FI (including asset accounting) and CO for conversion |
| Conversion and Post-conversion Activities for Financials in SAP S/4HANA > 12% | Prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities. |
| Asset Accounting Configuration in SAP S/4HANA 8% - 12% | Outline the features of new Asset Accounting, compare the types of Asset Accounting (new, classic), configure new Asset Accounting, explain the new Asset Accounting posting logic, and perform day to day activities in new Asset Accounting and period end closing in new Asset Accounting. |
| Architecture Overview of Financials in SAP S/4HANA > 12% | Describe the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture, and analyse the Universal Journal Entry; outline the Simple Finance Solution. |
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