SAP Certified Application Associate - SAP S/4HANA for Financial

Accounting Associates - Full

You got 56 of 80 possible points.

Your score was: 70 %

Question Results

Question: Score 1 of 1

Which elements define the integration of asset acquisitions to the general ledger?
There are 2 correct answers to this question

Response:

Depreciation area

Asset class

Valuation area

Depreciation keys

Question: Score 0 of 1

Which of the following is an example of an automatic offsetting entry?

Please choose the correct answer.

Response:

Posting of a guarantee of payment

Bank posting of a received down payment

Down payment request

Question: Score 0 of 1

In addition to the local and global currency in the universal journal, how many freely
defined currencies can you assign per company code and ledger.
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Response:

10

Question: Score 0 of 1

Which of the following statements best describe a noted item?

There are 2 correct answers to this question.

Response:

It can be accessed by the payment program.

It has an automatic statistical offsetting entry.

It updates the subledger and the general ledger.

It can be used to remind the user about due payments.

Question: Score 1 of 1

What object determines the number range for business partner master data?

Response:

Business partner category

Business partner grouping

Business partner role

Business partner type

Question: Score 1 of 1

What are some of the personalization options available to users in their SAP Fiori
launchpad environment?
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There are 3 correct answers to this question.

Response:

Users can add applications from the catalog assigned to them.

Users can remove applications that they do NOT use.

Users can add applications for filtered report results.

Users can add new devices from the catalog assigned to them.

Users can remove devices that they do NOT use.

Question: Score 0 of 1

What are the features of the Accrual Engine in SAP S/4HANA?

There are 2 correct answers to this question.

Response:

The FI reversal is NOT supported.

The fiscal year variant of the general ledger is supported.

All currencies of general ledger are supported.

Complex postings with more than two line items are NOT possible.

Question: Score 1 of 1

A user wants to add an application to his SAP Fiori home page but can’t find it in the App
Finder. What does the admin have to do?
Please choose the correct answer.

Response:

Add the tile to a tile group already assigned to the user.

Assign the corresponding SAP Fiori tile catalog to the user.

Assign the corresponding SAP Fiori tile group to the user.

Add the corresponding tile catalog to the tile group.

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Question: Score 1 of 1

You use the ledger approach for parallel accounting in Asset Accounting. Depreciation area
01 is assigned to the leading ledger for an area 01 is assigned to the leading ledger for
leading valuation and depreciation area 32 is assigned to the non-leading ledger for
parallel valuation.

What posting option should you choose for depreciation area 32?

Response:

Area Posts APC Immediately, Depreciation Periodically

Area Does Not Post

Area Posts Depreciation Only

Area Posts in Real Time

Question: Score 1 of 1

You need to enter a percentage rate in the terms of payment to calculate_____

Please choose the correct answer.

Response:

Credit amount

Invoice discount

Debit amount

Cash discount

Question: Score 1 of 1

Which of the following statements are correct?

There are 2 correct answers to this question.

Response:

A task can be assigned only one possible processor.

A company code can be assigned several workflow variants.

The same workflow variant can be assigned to several company codes.

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 It is possible to design multilevel workflow sequences.

Question: Score 1 of 1

Which of the following fields can be changed in the document header?

There are 2 correct answers to this question.

Response:

Document date

Currency exchange rate

Document header text

Reference number

Question: Score 1 of 1

What is the format of a company code key?

Please choose the correct answer.

Response:

Eight-digit alphanumeric

Six-digit alphanumeric

Two-digit alphanumeric

Four-digit alphanumeric

Question: Score 1 of 1

After you collect data in the Intercompany Reconciliation tool, what are the next steps of
the reconciliation process?
Please choose the correct answer.

Response:

1. Present reconciled and non-reconciled data

2. Post the correction documents.
3. Store the data.
4. Communicate differences.

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 1. Store the data.
2. Present reconciled and non-reconciled data.
3. Post the correction documents.
4. Communicate differences.

1. Post the correction documents.

2. Store the data.
3. Present reconciled and non-reconciled data.
4. Communicate differences.

1. Store the data

2. Present reconciled and non-reconciled data
3. Communicate differences.
4. Post the correction documents.

Question: Score 0 of 1

During the archiving procedure, if the application generates a specific log, it is used;
otherwise, you need to manually create a log. Determine whether this statement is true or
false.

Response:

True

False

Question: Score 0 of 1

For which of the following can you park documents?

There are 2 correct answers to this question.

Response:

Customer accounts

Sales invoices

Material accounts

General ledger accounts

Question: Score 1 of 1

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Which of the following methods does the depreciation key define?
There are 3 correct answers to this question.

Response:

Asset sheet valuation method

Period control method

Multilevel method

Base method

Question: Score 1 of 1

Which of the following statements best describe how core data services (CDS) are
developed?
Please choose the correct answer.

Response:

They are developed in the ABAP layer of the SAP S/4HANA system by the IT user.

They are developed in the ABAP layer of the SAP S/4HANA system by the Analytics end user.

They are developed in the SAP HANA database layer by the IT user.

They are developed in the SAP HANA database layer by the Analytics key user.

Question: Score 1 of 1

Which SAP Fiori app type provides essential information about system master data and
offers links for navigating between related objects?

Response:

Configuration

Analytical

Transactional

Fact sheet

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Question: Score 1 of 1

Which two reports should you use to create correspondence to and from customers and
vendors to enable you to verify the balance of receivables and payables?

There are 2 correct answers to this question.

Response:

SAPF130D

SAPF130E

SAPF130L

SAPF130K

Question: Score 1 of 1

A customer payment was received. An open item does NOT exist for the payment. How can
you post the payment?

Response:

Create a residual item

Create a down payment

Post payment on account

Post partial payment

Question: Score 1 of 1

In your system, you currently perform manual outgoing payments and you want to use the
automatic payment program.

Which settings must you maintain as part of the configuration of the automatic payment
program?
There are 2 correct answers to this question.

Response:

Special G/L indicators

Payment terms

Bank determination /
 Paying company codes

Question: Score 0 of 1

Which of the following activities does the system perform during the payment run?
There are 3 correct answers to this question.

Response:

The system supplies the print programs with necessary data.

The system makes postings to the G/L and AP/AR subledgers.

The system exports a list of documents to be paid.

The system clears open items.

Question: Score 1 of 1

If there is no entry or if a runtime value is empty, the system uses a minimum runtime of
999 days. Determine whether this statement is true or false.

Response:

True

False

Question: Score 1 of 1

Identify the application areas where validations and substitutions can be used.
There are 3 correct answers to this question.

Response:

CO – Cost Accounting

FI – Financial Accounting

SD – Sales and Distribution

AA – Asset Accounting
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Question: Score 0 of 1

Which statements best describe a profit center?

There are 2 correct answers to this question.

Response:

It is the only object that can be uniformly derived using segments.

It is the only object from which segments can be uniformly derived.

It is an element for which separate balance sheet and P&L statements can be created.

It has to be used simultaneously with segments to create separate balance sheet and P&L
statements.

Question: Score 0 of 1

Which steps are required to create a substitution in Financial Accounting?

There are 3 correct answers to this question

Response:

Select the correct call-up point.

Define the substitution rule with its different steps using the formula editor.

Activate the substitution rule.

Choose the area of application GL.

Assign the substitution rule to the controlling area.

Question: Score 1 of 1

A vendor is also a customer. The payment program has to clear the open items. Which
setting has to be maintained for the business partner?
Please choose the correct answer.

Response:

The alternative payer and payee

The account link /

 The same bank details

The same payment method

Question: Score 0 of 1

Which of the following information is entered in the chart of accounts segment of a G/L
account?
There are 3 correct answers to this question.

Response:

Control fields

Consolidation fields

Currency fields

Account number

Question: Score 1 of 1

In the SAP S/4HANA application, the payment program and dunning program can access
noted items for further processing. Determine whether this statement is true or false.

Response:

True

False

Question: Score 1 of 1

Which requirements do you need to fulfill to use data aging for Finance in the SAP
S/4HANA system?
There are 3 correct answers to this question.

Response:

Define the logical file path as a global path for data aging.

Add required authorizations for data aging to your role.

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 Activate data aging for your company code.

Activate aging on SAP HANA.

Switch on the data aging business function.

Question: Score 1 of 1

The deletion flag is one of the requirements that the system checks before archiving the
master data. Determine whether this statement is true or false.

Response:

True

False

Question: Score 0 of 1

In your SAP S/4HANA system, you report financial values for three separate accounting
principles. You post an acquisition for an asset that is capitalized in a single accounting
principle.

If you use the application to post integrated asset acquisitions, how many documents will
the system post?
Please choose the correct answer.

Response:

Question: Score 0 of 1

Identify the criteria that usually differentiate between document change rules.
There are 2 correct answers to this question.

Response:

Company code /
 Open items

Asset class

Account type

Question: Score 0 of 1

Which data can you edit in the payment proposal?

Note: There are 3 correct answers to this question.

Response:

Payment block

Invoice amount

Payee

House bank

Cash discount

Question: Score 1 of 1

Which of the following segments contains the general data of a customer or vendor that
can be accessed throughout the organization?
Please choose the correct answer.

Response:

Client level

Company code

Account level

Organization level

Question: Score 1 of 1
/
Which of the following currency types can you set in customizing activity "define setting
for ledgers and currency type"?
There are 2 correct answers to this question.

Response:

Material ledger currency

Group currency

Transaction currency

Local currency

Question: Score 0 of 1

On which levels can you maintain field status controls for business partners (BP)?
There are 3 correct answers to this question.

Response:

BP role

Client

Company code

BP category

BP type

Question: Score 1 of 1

You are responsible for implementing Asset Accounting. You are provided with the legacy
data of various assets and their grouping information based on category, life, and
depreciation terms.

What configuration step would you initiate to maintain these categories in SAP S/4HANA?
Please choose the correct answer.

Response:

Define general ledger accounts per each category of legacy asset.

Define asset classes and maintain their attributes.

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 Copy the chart of depreciation and maintain depreciation areas.

Configure depreciation keys and calculation keys.

Question: Score 1 of 1

For general ledger account posting, which one of the following standard posting keys is for
debit?
Please choose the correct answer.

Response:

31

01

50

40

Question: Score 1 of 1

Which of the following are possible reasons that an invoice would not be paid?
There are 3 correct answers to this question.

Response:

The invoice has a debit balance.

The discount period has expired.

The payment amount is less than the minimum amount specified for a payment.

An invalid house bank is selected.

Question: Score 1 of 1

Which of the following are the characteristics included in general ledger drilldown reports?
There are 3 correct answers to this question.

Response:

Segment

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 Total debit balance

Business area

Company code

Question: Score 1 of 1

It is common for companies to receive invoices for the previous fiscal year at the
beginning of the new fiscal year. Which dates must have the same fiscal year in the
document entry?
Please choose the correct answer.

Response:

Posting date and entry date.

Document date and asset value date

Document date and posting date.

Posting date and asset value date

Question: Score 1 of 1

Which business partner characteristic is mapped to the customer and supplier account
groups?
Please choose the correct answer.

Response:

Business partner category

Business partner role

Business partner grouping

Business partner type

Question: Score 1 of 1

How can you perform transfers of assets between company codes with different charts of
depreciation?
Please choose the correct answer.
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Response:

Correct depreciation area assignment in the asset master record after posting.

Enter depreciation area mapping during intercompany transfer posting.

Configure the cross-company depreciation areas in customizing.

Assign the group chart of depreciation to the relevant fixed assets.

Question: Score 1 of 1

You need to define a new document type with a specific document number range to post
customer invoices via interface from a non-SAP system. How would you define the
document number range?
Please choose the correct answer.

Response:

You can use internal, external, or continuous number assignment.

You have to use continuous number assignment.

You have to use internal number assignment.

You have to use external number assignment.

Question: Score 1 of 1

Which of the following are the month-end closing activities for external purposes?
There are 3 correct answers to this question.

Response:

Create external and internal reports

Perform foreign currency valuations

Close the old period

Post goods issues for deliveries to customers

Question: Score 1 of 1
/
What is the maximum dunning level that can be assigned to a dunning procedure?
Choose the correct answer.

Response:

11

Question: Score 0 of 1

Which of the following steps do you typically perform when executing the payment run
with the automatic payment program?
There are 2 correct answers to this question.

Response:

Rank bank accounts for payment.

Review the payment proposal exception list.

Define maximum amounts to be paid per supplier.

Maintain open item selection parameters.

Question: Score 1 of 1

You want to make the Reference Document Number field required for entry. Which object
controls this setting?
Please choose the correct answer.

Response:

Document field status

Document type

Document reference key

Document posting key

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Question: Score 0 of 1

How does SAP S/4HANA support the treatment of taxes?

There are 3 correct answers to this question.

Response:

It performs the adjustment to the tax codes and automatically updates the procedure.

It posts the tax amount to tax accounts.

It checks the tax codes and automatically updates the tax rates based on changes by the tax
authorities.

It performs tax adjustments for cash discounts and other forms of deductions.

It checks the tax amount entered and automatically calculates the tax.

Question: Score 1 of 1

Which of the following steps are parts of the process of configuring the payment program?

There are 3 correct answers to this question.

Response:

Configure the payment methods for each company code

Configure the G/L account field status for document entry

Configure the house banks

Configure the paying company codes

Question: Score 1 of 1

Which fields can you edit before posting a parked document?

Note: There are 3 correct answers to this question.

Response:

Amount

Document type

Account
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 Currency

Posting date

Question: Score 1 of 1

Which dates can you use for tax calculation?

Note: There are 2 correct answers to this question.

Response:

Posting date

Due date

Entry date

Document date

Question: Score 0 of 1

Which of the following functions include the important functions of the SAP List Viewer
tool?
There are 3 correct answers to this question.

Response:

Calculating totals and subtotals

Defining print parameters

Deleting and inserting columns

Setting filters

Question: Score 1 of 1

Which is the most flexible SAP S/4HANA Cloud solution for customers?
Please choose the correct answer.

Response:

Community option

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 Private option

Public option

Hybrid option

Question: Score 1 of 1

Which is the first step in the procedure of making down payments in the customer area?
Please choose the correct answer.

Response:

Down payment received

Customer invoice

Clearing

Down payment request

Question: Score 1 of 1

True or False: The only version of the public cloud edition of SAP S/4HANA a customer can
be on is the latest released version.

Response:

True

False

Question: Score 1 of 1

Which currency valuation program is replaced by FAGL_FCV?

Please choose the correct answer.

Response:

FAGL_VALUATION

SAPF100

SAPF130K
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 FAGL_FC_VALUATION

Question: Score 1 of 1

You define custom currency type Z1 for your company code. Which currency types must be
stored in the Data Entry view?
There are 2 correct answers to this question.

Response:

Company code currency

Object currency

Custom currency type Z1

Document currency

Question: Score 0 of 1

Which of the following parameters can you define within a dunning procedure?
Note : There are 2 correct answers to this question.

Response:

Number of dunning levels

Line item total period

Line item grace period

Company code

Question: Score 1 of 1

Which business scenarios can be handled with accrual and deferral postings?
Please choose the correct answer

Response:

Monthly subscription to a financial newspaper

One-time payment for fixing flooding damage

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 One-time payment for one-year cloud storage service

Monthly rent payments for an office building

Question: Score 1 of 1

When you post a manual incoming payment, which parameters are valid for all payment
documents?
Note: There are 2 correct answers to this question.

Response:

Journal entry type

Residual item

Bank account

Tolerance group

Question: Score 1 of 1

At what level is the bank master data stored in SAP S/4HANA?

Please choose the correct answer

Response:

At controlling area level

At company level

At client level

At company code level

Question: Score 1 of 1

Identify the reasons for archiving data.

There are 3 correct answers to this question.

Response:

Using data as a backup.

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 Lowering the effort involved in database administration.

Improving response times and ensuring good response times.

Reducing the system downtime when carrying out software upgrades, recoveries, and (offline)
database backups.

Question: Score 1 of 1

What is the first step in the reconciliation process?

Please choose the correct answer.

Response:

Communicate differences

Collect data from different companies

Present reconciled and non-reconciled data

Question: Score 0 of 1

In which of the following segments of a customer or vendor master record can you enter
the terms of payment?
There are 3 correct answers to this question.

Response:

Sales area segment

Purchasing organization segment

Company code segment

Client level segment

Question: Score 1 of 1

SAP HANA makes extensive use of which high-speed hardware technology to offer more
speed?
Please choose the correct answer.

Response:

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 Solid-State Drives (SSDs)

Read-only memory

Graphic Processing Units (GPUs)

Multicore CPUs

Question: Score 1 of 1

What is the maximum number of steps possible in validation?

Please choose the correct answer.

Response:

99

199

999

566

Question: Score 1 of 1

Delta postings can execute revaluation. Determine whether this statement is true or false.

Response:

True

False

Question: Score 1 of 1

Which of the following statements are valid for financial document number ranges?
There are 3 correct answers to this question.

Response:

Financial document number ranges are defined at company code level.

The same financial document number range can be assigned to several document types.

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 All financial document number ranges can contain numbers and/or letters.

Financial document number ranges defined at client level should NOT overlap.

Financial document number ranges must be defined for the year in which they are used.

Question: Score 0 of 1

The SAP HANA database relies on which of the following technologies for storing data?
There are three correct answers

Response:

Columnar store

Compression

Aggregation

Indexing

In-memory

Question: Score 0 of 1

Identify some of the fields related to the depreciation area in the asset master record.

There are 3 correct answers to this question.

Response:

Depreciation start

Asset description

Scrap value

Useful life

Question: Score 1 of 1

For which of the following transactions can you use noted items?
Please choose the correct answer.

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Response:

Down payment request

Vendor payment

Customer payment

Late payment

Question: Score 1 of 1

What are the benefits of public cloud deployments of SAP S/4HANA?

Note: There are 2 correct answers to this question

Response:

Increased customizing flexibility

Always up to date

IT cost savings

One-time license investment

Question: Score 0 of 1

You can use Boolean logic to define different types of logical statements. Determine
whether this statement is true or false.

Response:

False

True

Question: Score 0 of 1

Which of the following special G/L transactions are noted items?

Note: There are 2 correct answers to this question.

Response:

Down payment request

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 Down payment

Bill of exchange payment request

Guarantee of payment

Question: Score 1 of 1

What information is provided when you execute the balance audit trail?

Response:

A comparison of general ledger account balances across ledgers

A list of changes of maintained sensitive fields in general ledger accounts

The starting balance and the yearly changes to the balance of a general ledger account

The open account balances for customer accounts and supplier accounts

Question: Score 0 of 1

How can you post accruals?

Note: There are 3 correct answers to this question.

Response:

Post manually at the end of a period, quarter, or year.

Execute the periodic accrual run.

Run the depreciation program.

Use the recurring entry program.

Reclassify the receivables and payables.

Question: Score 1 of 1

When can you set the open item management indicator in a general ledger account?
There are 2 correct answers to this question.

Response:
/
 When an account is set up as a cost element

When an account has a zero balance

When an account is required for clearing

When an account is used as a reconciliation account

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