C_TS4FI_1909 - SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates -Certification Questions and Answers

Question #:1 Which of the following statements is correct for external number assignment (manual posting)?

Please choose the correct answer.  

1. The number is entered by the user.
2. The number is the last document number.
3. The number must be assigned in a sequence.
4. The number is automatically assigned.

Answer: A 

Question #:2 What must you do to create new validations and substitutions?

Note There are 2 correct answers to this question. 

1. Choose the chart of accounts
2. Deactivate all former validations and substitutions
3. Define the area of application
4. Select the relevant call-up point 

Answer: C D

Question #:3 Which fields can you edit before posting a parked document?

Note: There are 3 correct answers to this question. 

1. Posting date
2. Document type
3. Account
4. Amount
5. Currency 

Answer: A C D 

Question #:4 Which of the following product lines does the SAP S/4HANA system rely on for most human resource management functions?

Please choose the correct answer. 

1. Concur
2. SAP Hybris
3. SAP SuccessFactors
4. SAP Ariba 

Answer: C

Question #:5 Which business partner categories are available to manage relationships?

Note: There are 2 correct answers to this question. 

1. Customer
2. Bank
3. Person
4. Organization 

Answer: A D

Question #:6 Which of the following options are included in the Asset Explorer?

There are 3 correct answers to this question. 

1. Post documents.
2. Drill down to reports.
3. Display depreciation calculation.
4. Drill down to Financial Accounting (FI) document. 

Answer:  B C D 

Question #:7 You can compare text patterns in your statements using the keyword LIKE. Determine whether this statement is true or false. 

1. True
2. False 

Answer: A C D

Question #:8 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. 

1. SAPF130K
2. SAPF130E
3. SAPF130D
4. SAPF130L

Answer: A C

Question #:9 When you post a manual incoming payment, which parameters are valid for all payment documents?

Note: There are 2 correct answers to this question. 

1. Residual item
2. Tolerance group
3. Bank account
4. Journal entry type 

Answer: C D

Question #:10 Which field status has the lowest priority (G/L accounts)?

Please choose the correct answer. 

1. Optional entry
2. Hide
3. Required entry
4. Display

Answer: A

Question #:11 In the integrated scenario for down payments, in what step of the process do you enter the down payment information? 

1. Invoice verification
2. Purchase order creation
3. Down payment monitoring
4. Goods receipt creation 

Answer:  A

Question #:12 Which of the following functions include the important functions of the SAP List Viewer tool?

There are 3 correct answers to this question. 

1. Defining print parameters
2. Setting filters
3. Deleting and inserting columns
4. Calculating totals and subtotals 

Answer: B C D

Question #:13 You want to make the field "Reference document number" required for entry.

Which object controls this setting?

Please choose the correct answer. 

1. Document reference key
2. Document type
3. Document field status
4. Document posting key 

Answer: B

Question #:14 What is the recommended field status setting for fields in the customer-vendor account groups in the Financial Accounting customizing?

1. Display
2. Required
3. Hide
4. Optional

Answer: D

Question #:15   Delta postings can execute revaluation. Determine whether this statement is true or false. 

1. False
2. True

Answer: B 

Question #:16 What information is provided when you execute the balance audit trail? 

1. The starting balance and the yearly changes to the balance of a general ledger account
2. The open account balances for customer accounts and supplier accounts
3. A list of changes of maintained sensitive fields in general ledger accounts
4. A comparison of general ledger account balances across ledgers 

Answer: A 

Question #:17 7 How many posting period intervals in SAP S/4HANA are used for postings of Financial Accounting (F I) and Controlling (CO)? 

1. 12
2. 16
3. 2
4. 3 

Answer: B

Question #:18 Which of the following statements is correct for external number assignment (manual posting)?

Please choose the correct answer. 

1. The number is automatically assigned.
2. The number is the last document number.
3. The number must be assigned in a sequence.
4. The number is entered by the user.

Answer: A

Question #:19 Which of the following steps are parts of the process of configuring the payment program?

There are 3 correct answers to this question. 

1. Configure the house banks
2. Configure the payment methods for each company code
3. Configure the G/L account field status for document entry
4. Configure the paying company codes

Answer: A B D 

Question #:20 Which data model is used  for SAP S/4 HANA?

1. Online analytical processing (OLAP) that is based on aggregated tables and indexes.
2. Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system. 
3. Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP)for Cloud deployments.
4. Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables. 

Answer: B 

Question #:21 In which items of a financial statement version can you find values related to accounts for sales deductions and material expenses?

1. Sales deductions in loss item

Material expenses in loss item

1. Sales deductions in liabilities item

material expenses in loss item

1. Sales deductions in loss item

Material expenses in liabilities item

1. Sales deductions in assets item

Material expenses in loss item

Answer: C

Question #:22 On which organization unit level do you define a chart of depreciation?

1. Asset class
2. Chart of accounts
3. Client
4. Company code

Answer: C 

Question #:23 When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management?

Choose the correct answer. 

1. Creation of purchase order
2. Goods receipt
3. Invoice receipt 

Answer: A 

Question #:24 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?

1. Area Posts APC Immediately, Depreciation Periodically
2. Area Does Not Post 
3. Area Posts Depreciation Only
4. Area Posts in Real Time 

Answer: C

Question #:25 Which deployment options exist for SAP S4HANA?

Note: There are 3 correct answers to this question. 

1. Central hub deployment
2. Hybrid deployment
3. Agile deployment
4. On-premise deployment
5. Cloud deployment

Answer: B D E

Question #:26 Which of the following steps are parts of the process of configuring the payment program?

There are 3 correct answers to this question.

1. Configure the G/L account field status for document entry
2. Configure the house banks
3. Configure the paying company codes
4. Configure the payment methods for each company code 

Answer:  B C D

Question #:27 Down payments received reduce the total of which of the following entities?

Please choose the correct answer. 

1. Bank balance
2. Receivables
3. Payables
4. Inventory

Answer: B

Question #:28 Which data do you define on the bank master record?

Note: There are 2 correct answers to this question. 

1. Address data and control data
2. A unique bank country
3. Payment and dunning information
4. Corresponding business area

Answer: A B

Question #:29 What information is updated on the invoice when you post a complete payment?

Note: There are 2 correct answers to this question. 

1. Clearing document number
2. Clearing bank
3. Clearing reason code
4. Clearing date 

Answer: A B  

Question #:30 How does the system behave when an invoice is processed as a residual payment? 

1. The payment difference is written off.
2. The payment difference is posted to a different account
3. All documents remain in the account as open items.
4. The original document and payment are cleared.

Answer: D

Question #:31 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.

1. Assign the corresponding SAP Fiori tile catalog to the user.
2. Add the corresponding tile catalog to the tile group.
3. Assign the corresponding SAP Fiori tile group to the user.
4. Add the tile to a tile group already assigned to the user.

Answer: A 

Question #:32 What do you define in Customizing for the payment program?

Note: There are 3 correct answers to this question. 

1. Exchange rate type
2. Payment run ID
3. Allowed currencies
4. Bank determination
5. Forms for the payment media 

Answer: B C E

Question #:33 During which actions does the system assign the document number for Financial Accounting?

There are 2 correct answers to this question. 

1. Simulate
2. Hold
3. Post
4. Park 

Answer: C D  

Question #:34 4 If the deletion program is not executed automatically by the settings in Archiving object specific Customizing, the delete job is started every time an archive file is created.

Determine whether this statement is true or false. 

1. False
2. True 

Answer:  B

Question #:35 Which stage of the sales process creates documents for both Materials Management and Financial Accounting? 

1. Billing
2. Sales order creation
3. Shipping - goods issue
4. Shipping - delivery creation

Answer: C 

Question #:36 Which of the following are the month-end closing activities for external purposes?

There are 3 correct answers to this question. 

1. Perform foreign currency valuations
2. Post goods issues for deliveries to customers
3. Create external and internal reports
4. Close the old period

Answer: A C D

Question #:37Which of the following retirement types is referred to as scrapping? 

1. Complete retirement with revenue but without customer
2. Unplanned depreciation of remaining value
3. Partial retirement without revenue and without customer
4. Complete integrated asset retirement

Answer: C 

Question #:38 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. 

1. SAPF130E
2. SAPF130L
3. SAPF130K
4. SAPF130D

Answer: C D 

Question #:39 Which objects can be posted to by more than one company code?

Note: There are 3 correct answers to this question. 

1. Business area
2. Sales organization
3. Cost center
4. Profit Center
5. Segment

Answer: A D E

Question #:40 Identify some of the fields related to the depreciation area in the asset master record.

There are 3 correct answers to this question. 

1. Depreciation start
2. Scrap value
3. Useful life
4. Asset description

Answer: A B C 

Question #:41 Which of the following methods can be used to transfer Asset Accounting (FI-AA) legacy data?

There are 3 correct answers to this question. Business scenarios

1. For a very large quantity of legacy data, use the direct input procedure (program RAALTD11)
2. For a large quantity of legacy data, use batch input procedure (program RAALTD01)
3. For a small quantity of legacy data, use AS100.
4. For a large to very large quantity of legacy data, use the legacy data transfer using a BAPI interface
5. For a manageable quantity of legacy data, use the manual transaction code AS91 and ABLDT

Answer: C D E

Question #:42 What is the format of a company code key?

Please choose the correct answer. 

1. Six-digit alphanumeric
2. Four-digit alphanumeric
3. Two-digit alphanumeric
4. Eight-digit alphanumeric 

Answer: B

Question #:43 Where do you indicate that the useful life of the asset sub-number is identical to the useful life of the main asset? rue

1. In the screen layout of the depredation area
2. In the screen layout of the asset master record
3. In the asset master record of the main asset
4. In the account determination of the asset class

Answer: B

Question #:44 If the deletion program is not executed automatically by the settings in Archiving object specific Customizing, the delete job is started every time an archive file is created.

Determine whether this statement is true or false. 

1. True
2. False 

Answer: A 

Question #:45 The only version of the public cloud edition of SAP S/4HANA a customer can be

on is the latest released version. 

1. False
2. True 

Answer: B

Question #:46 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. 

1. False
2. True 

Answer: A 

Question #:47 You need to enter a percentage rate in the terms of payment to calculate_____ Please choose the correct answer. 

1. Credit amount
2. Invoice discount
3. Debit amount
4. Cash discount 

Answer: D 

Question #:48 Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter of

required scope.

Please choose the correct answer. 

1. True
2. False

Answer: A

Question #:49 Which of the following are the different history sheet groups that each version of asset history sheets can contain?

There are 3 correct answers to this question. 

1. Reposting
2. Book values at the end of the fiscal year
3. Imputed interest
4. Acquisitions 

Answer: A B D

1. Question #:50 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?
2. Document date and asset value date
3. Document date and posting date.
4. Posting date and entry date.
5. Posting date and asset value date 

Answer: D

Question #:51 Which of the following lists support the dunning clerk's work?

There are 3 correct answers to this question. 

1. The dunning list
2. The dunning history list
3. The blocked accounts list
4. The list of vendor balances in local currency 

Answer: A B C

 Question #:52 Which of the following is the first step in the variant principle?

Please choose the correct answer.

1. Assign the variant to the objects
2. Determine values for the variant
3. Define variant
4. Create multiple variants 

Answer: C

Question #:53 Identify the fields that cannot be changed while changing parked documents.

There are 3 correct answers to this question. 

1. Document type or document number
2. Account assignment objects
3. Company code
4. Currency

Answer: A C D

Question #:54 The usage of which of the following depreciation types can be activated per depreciation area?

There are 3 correct answers to this question. 

1. Unplanned depreciation
2. Special depreciation
3. Ordinary depreciation
4. Scheduled depreciation 

Answer: A B C

Question #:55 In which step of the SAP Financial Closing Cockpit configuration do you define parameters settings for variables of program variants? 

1. Task list release
2. Template creation
3. Task list creation
4. Dependency definition 

Answer: D

Question #:566 Identify the three types of tolerances in accounting.

There are 3 correct answers to this question.

1. G/L account tolerance groups
2. Special account tolerance groups
3. Employee tolerance groups
4. Customer/vendor tolerance groups

Answer: A C D

Question #:57 The SAP Business Workflow________process dimensions.

Please choose the correct answer. 

1. Three
2. Four
3. Five
4. Two 

Answer: B

Question #:58 Which of the following functions include the important functions of the SAP List Viewer tool?

There are 3 correct answers to this question. 

1. Calculating totals and subtotals
2. Deleting and inserting columns
3. Defining print parameters
4. Setting filters 

Answer: A B D

Question #:59 Which of the following standard correspondence types can you use to exchange information with customers and suppliers?

Note: There are 2 correct answers to this question. 

1. Dunning letters
2. Bill of exchange charges statements
3. Payment notices
4. Invoices 

Answer: B D 

Question #:60 Which of the following parameters can you define within a dunning procedure?

Note : There are 2 correct answers to this question.

1. Number of dunning levels
2. Line item grace period
3. Company code
4. Line item grace period 

Answer: B C

Question #:61 Which is the most flexible SAP S/4HANA Cloud solution for customers?

1. Please choose the correct answer.
2. Private option
3. Community option
4. Public option
5. Hybrid option

Answer: A

 Question #:62  Which business scenarios can be handled with accrual and deferral postings?

Please choose the correct answer 

1. Monthly rent payments for an office building
2. One-time payment for fixing flooding damage
3. One-time payment for one-year cloud storage service
4. Monthly subscription to a financial newspaper 

Answer: C

Question #:63 How many cash discount periods can be entered in the terms of payment?

Please choose the correct answer. Solution Manager diagnostics

1. 5
2. 3
3. 2
4. 8 

Answer: B

Question #:64 Which of the following are possible reasons that an invoice would not be paid?

There are 3 correct answers to this question. 

1. The payment amount is less than the minimum amount specified for a payment.
2. An invalid house bank is selected.
3. The discount period has expired.
4. The invoice has a debit balance. 

Answer: A B D

Question #:65 In stock valuation, which of the following groups of stocks are valuated?

There are 3 correct answers to this question. 

1. Raw materials, supplies, and consumables
2. Work in process
3. Finished goods
4. Goods invoiced 

Answer: A B C

Question #:66 For which type of account is the line item display generally active?

Please choose the correct answer. 

1. Customer account
2. Reconciliation account
3. Vendor account
4. Special general ledger account 

Answer: D

Question #:67 What happens to the transaction figures when you post a normal reversal posting? 

1. They are deleted
2. They are reset.
3. They are cleared.
4. They are increased.

Answer: C

 Question #:68  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. 

1. False
2. True 

Answer: B

Question #:69 What are the benefits of public cloud deployments of SAP S/4HANA?

Note: There are 2 correct answers to this question 

1. IT cost savings
2. Always up to date
3. Increased customizing flexibility
4. One-time license investment 

Answer: A B 

Question #:70 What type of architecture does SAP Business Workflow use? 

1. Single-tier
2. Three-tier
3. Four-tier
4. Two-tier 

Answer: B 

Question #:71 On which levels can you activate document splitting? 

Note: There are 2 correct answers to this question

1. Company code level
2. Ledger level
3. Client level
4. Document type level 

Answer: A B 

Question #:72 The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?

Please choose the correct answer.  

1. 5
2. 1
3. 4
4. 3

Answer: D 

Question #:73 The usage of which of the following depreciation types can be activated per depreciation area?

 There are 3 correct answers to this question.

1. Ordinary depreciation
2. Scheduled depreciation
3. Special depreciation
4. Unplanned depreciation 

Answer: A C D

Question #:74 On which levels do you maintain data for an integrated customer account?

Note: There are 3 correct answers to this question. 

1. General data at the client level
2. Profitability segment
3. Purchasing organization
4. Company code
5. Sales area

Answer: A B D

Question #:75 Identify the reasons for archiving data.

There are 3 correct answers to this question.

1. Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups.
2. Improving response times and ensuring good response times.
3. Using data as a backup.
4. Lowering the effort involved in database administration. 

Answer: A B D 

Question #:76 The variant principle is used in SAP S/4HANA to assign particular properties to one or more objects. How many steps does the variant principle have?

Please choose the correct answer. 

1. 5
2. 3
3. 1
4. 4

Answer: B

Question #:77 Which fields can you edit before posting a parked document?

Note: There are 3 correct answers to this question. 

1. Amount
2. Posting date
3. Currency
4. Account
5. Document type Implement Sap Solutions

Answer: A B D

Question #:78 What is the name of the leading ledger that SAP provides with the standard system?

Please choose the correct answer. 

1. OL
2. 1L
3. 3L
4. 2L 

Answer: A 

Question #:79 Cleared items contain which of the following pieces of information?

Please choose the correct answer. 

1. Clearing date
2. Archival information
3. Clearing document number
4. Due date 

Answer: A C

Question #:80 In which application areas can you use validation?

Note: There are 2 correct answers to this question. 

1. Profit Center Accounting
2. Asset Accounting
3. Materials Management
4. Cost Accounting 

Answer: B D

Question #:81 On which level are asset classes created?  

Depreciation area

Company code

Client

Chart of depreciation 

Answer: C

Question #:82 In an environment of systems using SAP HANA, you can perform both OLAP and

OLTP processing without duplication of the data for the SAP BW and SAP ERP systems.

1. True
2. False   

Answer: A

Question #:83 Which activities can you perform with a recurring journal entry? 

Note: There are 2 correct answers to this question    

1. Determine the number of postings. 
2. Create monthly postings on any date of a month. 
3. Set rules to distribute amounts to be posted. 
4. Obtain an overview of related future postings.

Answer: B D

Question #:84 Which of the following retirement types is referred to as scrapping?

1. Complete integrated asset retirement
2. Partial retirement without revenue and without customer
3. Complete retirement with revenue but without customer
4. Unplanned depreciation of remaining value 

Answer: B

Question #:85 What object determines the number range for business partner master data? 

1. Business partner role
2. Business partner grouping
3. Business partner category
4. Business partner type 

Answer: A 

Question #:86 Which of the following parameters can be changed on a time-dependent basis?

There are 3 correct answers to this question. 

1. Variable depreciation portion
2. Useful life (year or period)
3. Depreciation start date
4. Depreciation key 

Answer: A B D

Question #:87 Identify the steps performed during the general ledger closing operations for the fiscal year.

There are 3 correct answers to this question.

1. Foreign currency documents are valuated.
2. Accruals are carried out.
3. The balance carry forward program is run.
4. Vendor invoices are posted 

Answer: A B C

Question #:88 Which of the following statements are correct?

There are 2 correct answers to this question. 

1. A task can be assigned only one possible processor.
2. The same workflow variant can be assigned to several company codes.
3. A company code can be assigned several workflow variants.
4. It is possible to design multilevel workflow sequences.

Answer: B D

Question #:89 Which program is used to enter accruals and deferrals regularly?

Please choose the correct answer.

1. Devising program
2. Ledger grouping
3. Recurring entry program
4. Compact document journal

Answer: C

Question #:90 : Anyone with an appropriate user name and password can log on to the SAP

Fiori launchpad through a web browser. 

1. True 
2. False

Answer: B

Question #:91 : Within the line items of Fl documents, what does the posting key control?

Note: There are 3 correct answers to this question.  

1. Whether the item is posted as a debit or credit
2. The account type to which the line item can be posted
3. The account group to which the line item can be posted
4. The field status of additional details
5. Whether the item is posted with reference to primary or secondary cost element 

Answer: A B D

Question #:92 : Your customer wants the values for a special group of assets to be shown separately in the general ledger. Which objects do you create in Customizing for Asset Accounting?

Note: There are 2 correct answers to this question. 

1. Asset class
2. Depreciation area
3. Financial statement version
4. Account determination key 

Answer: A D

Question #:93 : What data do you maintain in the chart of accounts sections of a General Ledger account? 

1. User data
2. Authorization data
3. Reconciliation data
4. Consolidation data

Answer: D

Question #:94 : When you create multiple similar asset master records, which of the following fields allow you to make separate entries for each individual asset?

There are 3 correct answers to this question. User data

1. Description of the asset
2. Cost center
3. Inventory number
4. License plate number 

Answer: A B C

Question #:95 : You can use Boolean logic to define different types of logical statements. Determine whether this statement is true or false.

1. False
2. True  

Answer: B

Question #:96 : In Asset Accounting, which object do you use to handle separate valuation for parallel accounting 

1. Chart of depreciation
2. Valuation area
3. Depreciation area
4. Depreciation key 

Answer: B

Question #:97 : 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? 

1. Document date and posting date.
2. Posting date and asset value date
3. Posting date and entry date.
4. Document date and asset value date

Answer: B

Question #:98 : You have a debit amount of 50 and credit amount of 80 as balance on an account. This account is assigned to the assets side in a financial statement version, with the debit indicator and the credit.

How is this shown on the balance sheet? 

1. 50 is shown on the liabilities side and 80 is shown on the assets side.
2. The balance is shown on the assets side.
3. The balance is shown on the liabilities side.
4. 0 is shown on the assets side and 30 is shown on the liabilities side. 

Answer: B

Question #:99 : What are the results when you post an outgoing partial payment?

Note_ There are 2 correct answers to this question. 

1. The initial invoice remains open.
2. A payment is created with reference to the invoice.
3. The initial invoice is cleared.
4. A payment block is set on the invoice. 

Answer: A B

Question #:100 : Which deployment option do you recommend to customers who want to always be on the latest release of SAP S/4HANA? 

1. SAP S/4HANA with Central Finance
2. SAP S/4HANA Finance
3. SAP S/4HANA Cloud
4. SAP S/4HANA on-premise 

Answer: C

Question #:101 : Which prerequisite must be met by the technical clearing account for integrated asset acquisition? 

1. The account is a reconciliation balance sheet account for fixed assets.
2. The account is created for all active company codes of the client.
3. The account is assigned in the asset account determination for each valid depredation area.
4. The account is a profit-and-loss account that must be open item managed.

Answer: A

Question #:102 : Which of the following are posted in the program FAA_DEPRECIATION_POST?

There are 3 correct answers to this question. 

1. Unplanned depreciation or other manually planned depreciation
2. Imputed interest
3. Parallel APC values
4. Ordinary depreciation such as book depreciation or imputed depreciation 

Answer: A B D

Question #:103 : How can you post accruals?

Note: There are 3 correct answers to this question. 

1. Use the recurring entry program.
2. Run the depreciation program.
3. Post manually at the end of a period, quarter, or year.
4. Reclassify the receivables and payables.
5. Execute the periodic accrual run. 

Answer: A C E

Question #:104 : Which fields can you edit before posting a parked document?

Note: There are 3 correct answers to this question.

1. Account
2. Document type
3. Posting date
4. Amount
5. Currency

Answer: A C D

Question #:105 : 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.

1. True
2. False

Answer: B

Question #:106 : 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. 

1. Add the tile to a tile group already assigned to the user.
2. Assign the corresponding SAP Fiori tile catalog to the user.
3. Add the corresponding tile catalog to the tile group.
4. Assign the corresponding SAP Fiori tile group to the user. 

Answer: B

Question #:107 : On which levels do you maintain data for an integrated customer account?

Note: There are 3 correct answers to this question. 

1. Profitability segment
2. Purchasing organization
3. Company code
4. General data at the client level
5. Sales area 

Answer: A C D

Question #:108 : Data in the SAP HANA database is stored in which two ways?

There are 2 correct answers to this question.

1. Row
2. Random
3. Vector
4. Column

Answer: A D

Question #:109 : Which of the following has to be created and assigned to an organizational structure before the Financial Closing Cockpit can be used?

Please choose the correct answer. 

1. Flow definitions
2. Task list template
3. Programs
4. Subfolders 

Answer: B

Question #:110 : Financial statement versions consist of a maximum of 10 hierarchy levels. Determine whether this statement is true or false. 

1. True
2. False  

Answer: B

Question #:111 : What is the purpose of the group account number in General Ledger account master data maintenance? 

1. It is used for cross-company-code reporting if the company codes use different charts of account.
2. It determines the fields in the entry screen when you create or update a master record in the company code
3. It defaults the number interval that is applied for the G/L account number in the company code.
4. It acts as the key to identify the balance sheet and profit-and-loss accounts in the financial statement version.

Answer: A

Question #:112 : What technology did SAP leverage to eliminate aggregate tables from the SAP S/4HANA system while maintaining compatibility with many legacy programs?

Please choose the correct answer. 

1. Indices
2. Columnar store
3. Compatibility views
4. Data aging

Answer: C

Question #:113 : Which currency valuation program is replaced by FAGL_FCV?

Please choose the correct answer.

1. FAGL_VALUATION
2. SAPF100
3. SAPF130K
4. FAGL_FC_VALUATION 

Answer: D

Question #:114 : Which data can you edit in the payment proposal?

Note: There are 3 correct answers to this question. 

1. Payment block
2. Invoice amount
3. Payee
4. Cash discount
5. House bank 

Answer: A D E

Question #:115 : 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. 

1. Client level segment
2. Sales area segment
3. Company code segment
4. Purchasing organization segment 

Answer: B C D

Question #:116 : Which of the following objects are relevant to the dunning program configuration?

There are 3 correct answers to this question. 

1. Dunning levels
2. Minimum amounts
3. Expenses or charges
4. Bank selection 

Answer: A B C

Question #:117 : What kind of customization can users do on their launchpad?

There are 2 correct answers to this question. 

1. Change the icons on tiles.
2. Create their own tile groups.
3. Change the names of tiles.
4. Change the name of tile groups 

Answer: B D

Question #:118 : Which data sections are part of every asset class?

There are 2 correct answers to this question. 

1. Depreciation data section
2. Master data section
3. Account determination data section
4. Valuation area data section 

Answer: A B

Question #:119 : The managerial closing activities include locking the old accounting period. Determine whether this statement is true or false. 

1. True
2. False  

Answer: A

Question #:120 : Which activities are supported by the regrouping program of receivables and payables?

Note: There are 2 correct answers to this question. 

1. Regrouping of receivables and payables to accrual earnings or expense
2. Regrouping open items based on changed reconciliation accounts
3. Grouping receivables and payables by their remaining life
4. Regrouping and clearing open items for affiliated companies on customers and vendors 

Answer: B C

Question #:121 : Which deployment options exist for SAP S4HANA?

Note: There are 3 correct answers to this question. 

1. Central hub deployment
2. Hybrid deployment
3. On-premise deployment
4. Cloud deployment
5. Agile deployment

Answer: B C D

Question #:122 : What is the first step in the reconciliation process?

Please choose the correct answer. 

1. Communicate differences
2. Collect data from different companies
3. Present reconciled and non-reconciled data

Answer: B 

Question #:123 : What must you do when you set up depreciation areas?

1. Assign an accounting principle for each depreciation area.
2. Define the valid depreciation keys for each depredation area.
3. Assign leading depreciation area 01 to leading ledger OL.
4. Define the relevant asset classes for each depreciation area 

Answer: A 

Question #:124 : Which of the following components make up an archiving object?

There are 3 correct answers to this question.

Assign an accounting principle for each depreciation area.

1. Customizing settings
2. Data declaration part
3. Variables
4. Programs 

Answer: A B D 

Question #:125 : When procurement transactions are posted, which of the following steps is exclusively carried out in Materials Management?

Choose the correct answer.

1. Invoice receipt
2. Creation of purchase order
3. Goods receipt 

Answer: B 

Question #:126 : In which application areas can you use validation?

Note: There are 2 correct answers to this question. 

1. Cost Accounting
2. Materials Management
3. Profit Center Accounting
4. Asset Accounting 

Answer: B 

Question #:127 : Your customer wants to start using SAP S/4HANA line-of-business solutions. Which of these solutions help you run human resource management processes?

Note: There are 2 correct answers to this question. 

1. SAP Hybris
2. SAP Concur
3. SAP Success Factors
4. SAP Fieldglass

Answer: C D 

Question #:128 : 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. 

1. 5
2. 10
3. 3
4. 8 

Answer: C  

Question #:129 : What checks does the year-end closing program (RAJABSOO) perform?

There are 2 correct answers to this question. 

1. Depreciation lists and the asset history sheet have been checked.
2. Depreciation and asset balances are posted in full.
3. Last fiscal year has been updated.
4. Assets are complete and error-free. 

Answer: B D

Question #:130 : Question #:129 : What checks does the year-end closing program (RAJABSOO) perform?

There are 2 correct answers to this question. 

1. Capitalization date
2. Asset class
3. Net book value
4. Deprecation start date

Answer: C D 

Question #:130 :  In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?

There are 2 correct answers to this question. 

a) Capitalization date

b) Asset class

c) Net book value

d) Deprecation start date

Answer: C D  

Question #:131:  For which of the following transactions can you use noted items? 

Please choose the correct answer. 

1. Down payment request
2. Late payment
3. Vendor payment
4. Customer payment 

Answer: A  

Question #:132:  When you post a payment for an invoice, how does the system derive the splitting characteristics?

1. Default assignment
2. Inheritance
3. Passive document splitting
4. Active document splitting 

Answer: D  

Question #:133:  How does the SAP HANA architecture improve SAP S/4HANA system performance?

Please choose the correct answer 

1. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime.
2. SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code.
3. SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications.
4. SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed. 

Answer: A 

Question #:134:  Where is the billing document created?

Please choose the correct answer. 

1. Materials Management
2. Accounting
3. Sales and Distribution
4. Financial Accounting 

Answer: C 

Question #:135:  For reporting purposes, your client would like to present information about customer postings that are NOT reflected in the G/L. Which special G/L type do you recommend? 

1. Noted items
2. Free offsetting entries
3. Statistical postings
4. Bill of exchange

Answer: A

Question #:136:  In a valuation method, which of the following is not a valuation approach for foreign currency valuation?

Choose the correct answer. 

1. High rate of interest principle
2. Revalue only
3. Lowest value principle
4. Strict lowest value principle

Answer: A  

Question #:137:  What sort of special general ledger types exist?

There are 3 correct answers to this question. 

1. Other types
2. Final payments
3. Automatic offsetting entries (statistical)
4. Noted items
5. Free offsetting entries 

Answer: C D E  

Question #:138:  Which of the following control data is carried by asset classes?

There are 3 correct answers to this question. 

1. Insurance type
2. Account determination
3. Number range interval
4. Screen layout 

Answer: B C D

Question #:139:  Which of the following options can you use to change the G/L account master data using collective processing?

There are 3 correct answers to this question. 

1. Change company code data
2. Change account descriptions
3. Change client level data
4. Change chart of accounts data 

Answer: A B D

Question #:140:  Document splitting is active in your company code. The splitting characteristic is the profit center. All accounts are assigned. You post a vendor invoice with a single expense that are all assigned to different profit Centers. The expense is changed with10% VAT.

How many line items are created in the Entry view and how many are created in the General Ledger view? 

1. Entry view: 3

General Ledger view: 9

1. Entry view: 3

General Ledger view 7

1. Entry view: 5

General Ledger view: 9

1. Entry view: 5

General Ledger view 7

Answer: C  

Question #:141:  You need to perform mid-year legacy system migration for assets in a new company code. Which data must you migrate?

Note; There are 3 correct answers to this question. 

1. Current year asset acquisition transactions
2. Current year posted depreciation
3. Closed year asset sale transactions
4. Accumulated depreciation per cost center
5. Fully depreciated fixed asset master records 

Answer: B C D  

Question #:142:  How many intervals are defined for the foreign currency valuation run ID per client?

Please choose the correct answer.

1. 1
2. 3
3. 2
4. 0

Answer: A

Question #:143 In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?

There are 2 correct answers to this question 

1. Asset class
2. Net book value
3. Capitalization date
4. Deprecation start date 

Answer: B D

Question #:144 What types of data are maintained for a house bank?

Note: There are 2 correct answers to this question.

Asset class

1. Payment signatories
2. Overdraft limit
3. Data medium exchange (DME) details
4. General Ledger account 

Answer: C D  

Question #:145 A message can contain up to six fields. Determine whether this statement is true or false.

1. True
2. False

Answer: A   

Question #:146 For which of the following can you park documents?

There are 2 correct answers to this question. 

1. Sales invoices
2. General ledger accounts
3. Material accounts
4. Customer accounts 

Answer: B D  

Question #:147 What information is provided when you execute the balance audit trail?

1. A list of changes of maintained sensitive fields in general ledger accounts
2. The starting balance and the yearly changes to the balance of a general ledger account
3. A comparison of general ledger account balances across ledgers
4. The open account balances for customer accounts and supplier accounts 

Answer: B  

Question #:148 In which object do you define which SAP Fiori apps a user can use? 

1. Fiori app library
2. Fiori default values
3. Fiori tile catalog
4. Fiori tile group 

Answer: C  

Question #:149 What is the maximum dunning level that can be assigned to a dunning procedure?

Choose the correct answer.

1. 9
2. 1
3. 11
4. 7

Answer: A  

Question #:150 On what basis does the system determine the period for the asset retirement?

Please choose the correct answer. 

1. Asset value date (asset retirement date)
2. Net book value 

Answer: A  

Question #:151 Which is the first step in the procedure of making down payments in the customer area?

Please choose the correct answer.

1. Down payment request
2. Down payment received
3. Clearing
4. Customer invoice 

Answer: A  

Question #:152  What does the year-end closing program in Asset Accounting do?

Note: There are 3 correct answers to this question.

1. It indicates if any of the created asset master records contain errors or are incomplete.
2. It checks whether the depreciation is posted completely for the fiscal year.
3. It settles all assets under construction with values and maintained settlement rules.
4. It posts all remaining depredation and imputed interest.
5. It blocks all postings to Asset Accounting for the closed fiscal years. 

Answer: A B E

Question #:153  What are the two phases of AuC that are relevant to Asset Accounting?

There are 2 correct answers to this question.

1. Useful life phase
2. Assets transfer phase
3. Accounting phase
4. Under-construction phase 

Answer: A D

Question #:154  Which of the following components make up an archiving object?

There are 3 correct answers to this question. 

1. Data declaration part
2. Customizing settings
3. Programs
4. Variables 

Answer: A B C 

Question #:155  Which of the following options are included in the Asset Explorer?

There are 3 correct answers to this question. 

1. Display depreciation calculation.
2. Drill down to reports.
3. Post documents.
4. Drill down to Financial Accounting (FI) document. 

Answer: A B D 

Question #:156  Which reporting tools are available with SAP S/4HANA embedded analytics?

Note: There are 2 correct answers to this question 

1. Query Browser
2. KPI modelling apps
3. SAP Analysis for Microsoft Office
4. SAP Analytics Cloud 

Answer: A B

Question #:157  Which of the following logistic processes are involved in asset acquisition with materials management (MM)?

There are 3 correct answers to this question.

1. Purchase requisition
2. Inventory receipt
3. Purchase order
4. Goods receipt 

Answer: A C D  

Question #:158  Which currency types can you set in customizing activity "define setting for ledgers and currency type"?

There are 2 correct answers to this question. 

1. Material Ledger Currency
2. Group Currency
3. Local Currency
4. Transaction Currency 

Answer: B C  

Question #:159  Which of the following are the steps of Intercompany reconciliation?

There are 3 correct answers to this question

1. Manual reconciliation and communication
2. Automatic presentation of reconciled and non-reconciled data
3. Automatic assignment of documents
4. Document selection and data storage 

Answer: A C D  

Question #:160  Which of the following are SAP Fiori design principles?

There are 2 correct answers to this question. 

1. Role-based
2. Routine
3. Rational
4. Responsive 

Answer: A D  

Question #:161  What is controlled by the terms of payment?

There are 3 correct answers to this question. 

1. Setting for net procedure
2. Default payment method
3. Allowed account type
4. Account for cash discount received
5. Determination of the baseline date 

Answer: B C E  

Question #:162   2 Identify the application areas where validations and substitutions can be used.

There are 3 correct answers to this question. 

1. FI - Financial Accounting
2. AA - Asset Accounting
3. CO - Cost Accounting
4. SD - Sales and Distribution 

Answer: A B C

Question #:163   Which of the following procedures are available to check the balance of receivables and payables in balance confirmations?

There are 3 correct answers to this question.

1. Balance confirmation
2. Balance request
3. Balance notification
4. Balance adjustment 

Answer: A B C  

Question #:164   The SAP HANA database relies on which of the following technologies for storing data?

There are three correct answers 

1. Columnar store
2. In-memory
3. Aggregation
4. Compression
5. Indexing 

Answer: A B D  

Question #:165   What object determines the number range for business partner master data? 

1. Business partner role
2. Business partner type
3. Business partner category
4. Business partner grouping 

Answer: A   

Question #:166   Which of the following fields can be changed in the document header?

There are 2 correct answers to this question. 

1. Currency exchange rate
2. Reference number
3. Document header text
4. Document date 

Answer: B C  

Question #:167   Where can an SAP Fiori end user change the theme of their launchpad?

Please choose the correct answer. 

1. In the Me area of the launchpad
2. In the UI theme designer
3. In the Tile Catalog area of the launchpad designer
4. In the Tile Group area of the launchpad designer 

Answer: A  

Question #:168   Which functions allow you to temporarily save the entered data?

There are 2 correct answers to this question.

1. Insert function
2. Parking function
3. Hold function
4. Save function 

Answer: B C 

Question #:169   Which activities are supported by the regrouping program of receivables and payables?

Note: There are 2 correct answers to this question.  

1. Regrouping and clearing open items for affiliated companies on customers and vendors
2. Grouping receivables and payables by their remaining life
3. Regrouping of receivables and payables to accrual earnings or expense
4. Regrouping open items based on changed reconciliation accounts  

Answer: B D 

Question #:170   What settings can you define specifically for an asset class?

Note: There are 3 correct answers to this question.

1. Account determination key
2. Asset under construction category
3. Default transaction type for asset posting
4. Maximum amount for low-value assets
5. Synchronization rules for asset and equipment 

Answer: B D E 

Question #:171   Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?

There are 2 correct answers to this question

1. Client level
2. Company area level
3. Segment level
4. Business area level 

Answer: B D   

Question #:172   You need to make the line item text field mandatory during document entry. Which objects should you analyse to fulfil this request?

Note: There are 2 correct answers to this question. 

1. G/L account
2. Posting key
3. Document type
4. Account group 

Answer: A B 

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