SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1809)

Question 1

You are using SAP S/4HANA with account-based profitability analysis. For which objects can you activate derivation of profitability characteristics for G/L line items, without profitability segment'?

A. Materials.

B. Fixed assets.

C. Suppliers.

D. Production orders.

Correct Answer: D

Question 2

Which level does the cost element category get assigned on? Choose the correct answer.

A. Company code

B. Chart of account

C. Controlling area

Correct Answer: C

Question 3

Cost of goods sold (COGS) split functionality is available in account-based COPA. Which settings are necessary? There are 2 correct answers to this question.

A. Cost elements must be mapped to cost components.

B. The corresponding cost elements must exist in the chart of accounts.

C. Operating concern currency must be determined.

D. Characteristic values and characteristic groups must be maintained.

Correct Answer: A,B

Question 4

What is One Exposure from Operations?

A. It is an ABAP report that shows the risk if the liquidity of the company will NOT meet short-term financial demands with the current business Operation.

B. It is a central data storage location that integrates data from Treasury and Risk Management, Cash and Liquidity Management Contract Accounting, and Financial Operations.

C. It is an SAP Fiori app that shows all the exposures of the company to foreign currency risk and interest risk.

D. it is a standalone SAP NetWeaver system that handles Cash Operations integration.

Correct Answer: B

Question 5

At which level do you define that a G/L account is a secondary cost account?

A. Controlling area.

B. Chart of accounts.

C. Company code.

D. Operating concern.

Correct Answer: B

Question 6

You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer posting to achieve this? There are 2 correct answers to this question.

A. Accounting principle.

B. Ledger group.

C. Depreciation area.

D. Transaction type.

Correct Answer: A,B

Question 7

You extend the coding block in the universal journal with a custom field. Which components can use this new field without requiring further customization? There are 2 correct answers to this question.

A. General ledger accounting.

B. Classic profit center accounting.

C. Account-based CO-PA.

D. Costing-based CO-PA.

Correct Answer: A,D

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1809) - P-S4FIN-1809 Exam Practice Test

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