[2022] P-S4FIN-2021 Answers P-S4FIN-2021 Free Demo Are Based On The Real Exam
P-S4FIN-2021 [Jul-2022 Newly Released] Exam Questions For You To Pass
NEW QUESTION 20
For which account assignments can you perform realignment in the universal journal? Note: There are 2 correct answers to this question
- A. Sales region
- B. Profit center
- C. Customer group
- D. Functional area
Answer: A,C
NEW QUESTION 21
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.
- A. You can assign profit center, group and legal valuation to the same ledger
- B. You can assign additional valuation to special led er(FI-SL).
- C. You can assign each valuation to a separate ledger
- D. You can assign additional valuation to the extension ledger
Answer: A,C
NEW QUESTION 22
What data for asset accounting is stored in the universal journal?
- A. Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L
- B. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.
- C. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.
- D. Actual depreciation of all depreciation area that are set to post depreciation periodically
Answer: D
NEW QUESTION 23
You maintain a Launchpad for users to which role Z MANACC is assigned. What do you need to do make an app available on the users Launchpad?
- A. Assign the app directly to role Z MANACC
- B. Activate the OData Service for role Z MANACC which is assigned to the app according to the SAP Fiori apps reference library
- C. Activate the user parameter for PFCG (role maintenance) for role Z MANACC
- D. Add the app to a catalog and a group that are assigned to role Z MANACC
Answer: D
NEW QUESTION 24
On what level can you assign a fiscal year variant to a company code?
- A. Depreciation area
- B. Ledger
- C. Valuation area
- D. Accounting principle
Answer: B
NEW QUESTION 25
You want to configure an extension ledger. Which steps do you need to take? 2 correct answers
- A. Assign a Fiscal Year variant to the Extension Ledger
- B. Specify the document types for the Extension Ledger
- C. Select an underlying ledger for the Extension Ledger
- D. Specify currency types for the Extension Ledger
Answer: C,D
NEW QUESTION 26
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? There are 2 correct answer to this question.
- A. Accounting principle
- B. Document type
- C. Currency type
- D. Valuation Area
Answer: A,D
NEW QUESTION 27
Which type of extension ledger do you set up to record incoming sales orders for account based profitability analysis?
- A. Simulation
- B. Prediction and commitments
- C. Extension
- D. Valuation
Answer: B
NEW QUESTION 28
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 BKPF.
- B. There can be a line item in BSEG without a corresponding document in BKPF.
- C. There can be a line item in ACDOCA without a corresponding line item in BSEG.
- D. There can be a line item added in BSEG without a corresponding line item in ACDOCA.
Answer: A
NEW QUESTION 29
What can you do with asset accounting in SAP S/4HANA Finance? There are 3 correct answer to this question.
- A. Define transaction types by depreciation area
- B. Post revenue for retirements by acquisition and production cost
- C. Simultaneously post separate values by depreciation area.
- D. Assign separate settlement rules for depreciation areas.
- E. Complete periodic acquisition and production cost adjustments postings
Answer: B,C,D
NEW QUESTION 30
In controlling, what is a mandatory customizing step when convening a system to SAP S/4HANA?
- A. Create document type for CO postings
- B. Migrate the material ledger
- C. Activate account based CO-PA
- D. Define profit center hierarchy.
Answer: C
NEW QUESTION 31
What must you do before a Go Live migration in the productive client can be set to Complete in customizing?
Note: There are 2 correct answers to this question.
- A. Finalize the before-and-after comparison of the financial reports with the business department
- B. Apply small-scale live postings of the day-to-day business to check the system
- C. Transfer application indexes using data aging
- D. Get approval of business department and project management.
Answer: B,C
NEW QUESTION 32
What open period is checked by the third interval of the Open Posting Periods variant in financial accounting?
- A. Postings with a special authorization group
- B. Postings to special periods
- C. Postings from CO to FI
- D. Postings to FI Subledgers
Answer: C
NEW QUESTION 33
What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business.
- A. Sales area
- B. Credit control area
- C. Credit segment
- D. Company code
Answer: B
NEW QUESTION 34
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system?
There are 2 correct answers to this question
- A. Define a clearing account
- B. Set the zero balance indicator
- C. Assign a segment to all G/L accounts
- D. Define a PA transfer structure
Answer: A,B
NEW QUESTION 35
What can you do in the Cockpit view of SAP Product Lifecycle Costing?
- A. View the costing structure.
- B. Define global settings for currencies and units of measure.
- C. Manage calculation versions.
- D. Receive an overview of the available master data
Answer: C
NEW QUESTION 36
What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.
- A. Exchange Rate model
- B. Ownership model
- C. Source model
- D. Consolidation model
Answer: A,C
NEW QUESTION 37
You want to sell products from stock.
What do you need to maintain before you can analyse the cost of goods sold (COGS) subdivided By cost component in account-base (COPA).
NOTE: There are 2 correct answers to this question
- A. A collection of primary cost elements to receive the cost portions
- B. A cost splitting profile in general ledger accounting
- C. A settlement profile to control the settlement of cost portions
- D. An extension ledger with type" line items with technical numbers
Answer: A,B
NEW QUESTION 38
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 accounts approach must be replaced because the ledger approach is the only valid option
- B. The extra offset account is obsolete and will be replaced by the technical clearing account
- C. The extra offset account has to be used as in the classic Asset Accounting
- D. There is no need to use such offset accounts anymore because of real-time postings
Answer: B
NEW QUESTION 39
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SAP P-S4FIN-2021 Exam: Basic Questions With Answers: https://drive.google.com/open?id=1b91UwxditjpGlSBn7jjpcg_0uw8aPcp6