SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511)

Question 1

To reduce the load on the system, what should you do with the older documents that exist in the database?
Choose the correct answer.
Response:

A. Delete

B. Extract and delete

C. Backup and delete

D. Archive and delete

Correct Answer: D

Question 2

During which actions does the system assign the document number for Financial Accounting?
Response:

A. Hold

B. Park

C. Post

D. Simulate

Correct Answer: B,C

Question 3

What is the correct order of steps when configuring the payment programs?

A. Configure: all company codes, payment methods in country, paying company codes, payment methods in company code, bank determination

B. Configure: all company codes, paying company codes, payment methods in country, payment methods in company code, bank determination

C. Configure: all company codes, bank determination, paying company codes, payment methods in country, payment methods in company code

D. Configure: all company codes, paying company codes, payment methods in country, payment methods in company code, bank determination

Correct Answer: B

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Question 4

Which of the following components make up an archiving object?
Choose the correct answers.
Response:

A. Programs

B. Customizing settings

C. Variables

D. Data declaration part

Correct Answer: A,B,D

Question 5

What is defined with the fiscal year variant? (There are two correct answers.)

A. Number of fiscal periods in a year

B. Start and end dates of the calendar year

C. Start and end dates of the fiscal year

D. Open and closed fiscal periods

Correct Answer: A,C

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Question 6

When a payment in foreign currency clears the amount of the invoice exactly in the foreign currency but in the local currency is more than the invoiced amount, what does the system do?

A. Leave the amount as an open item to be reconciled with open amounts in the future.

B. Post to profit from exchange rate differences.

C. Return the difference back to the customer.

D. Adjust the local currency amount to clear the invoice exactly.

Correct Answer: B

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Question 7

True or False: With the block indicator set on the chart of accounts, you can no longer perform postings to the company codes assigned.

A. True

B. False

Correct Answer: B

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Question 8

What does the posting key define? (There are two correct answers.)

A. Document type

B. Tax code

C. Account type

D. Debit or credit line

Correct Answer: C,D

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Question 9

True or False: A single depreciation area can post to multiple ledgers.

A. True

B. False

Correct Answer: A

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SAP Certified Application Associate - SAP S/4HANA for Financial Accounting Associates (SAP S/4HANA 1511) - C_TS4FI_1511 Exam Practice Test

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