SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials Experts

Question 1

In which of the following CO transactions is it NOT possible to enter a ledger goup?
Response:

A. Cost Allocation (KB15N)

B. Activity Allocation (KB21N)

C. Reposting of Revenues (KB41N)

D. Reposting of Primary Costs (KB11N)

Correct Answer: B

Question 2

Where can you view the cost of goods sold (COGS) postings per cost component in CO-PA?
Note: There are 3 correct answers to this question.
Response:

A. Actual COGS (based on actual costing) in account-based CO-PA

B. Standard COGS in cost-based CO-PA

C. Standard COGS in account-based CO

D. Moving average COGS in account-based CO-PA

E. Actual COGS (based on material ledger) in cost-based CO-PA

Correct Answer: B,C,E

Question 3

Which functions are included in Basic Cash Management for SAP S/4HANA?
Note: There are 3 correct answers to this question.
Response:

A. Rolling liquidity planning

B. Workflow approval processing

C. Memo record management

D. Check deposit management

E. Electronic bank statement processing

Correct Answer: B,C,E

Question 4

The ACDOCA table has a 6-digit field for document line numbers. However, CO documents updating the COEP table are still limited to 999 lines. How does SAP S/4HANA handle large line item numbers when updating the Co documents?
Response:

A. It no longer assigns CO-specific document numbers.

B. It outputs an error message when there are more than 999 lines.

C. It creates a new document when there are more than 999 lines.

D. It creates a new document when there are more than 999.999 lines

Correct Answer: C

Question 5

You are performing a legacy asset data transfer in your SAP S/4HANA system. Your fiscal year end date is December 31.2017 and your asset transfer date is February 26 2018.
Which of the following values do you need to provide during legacy asset transfer?
Note: There are 3 correct answers to this question.
Response:

A. Unplanned depredation values

B. Accumulated depreciation values

C. Acquisition and production costs

D. Revaluation value

E. Ordinary depreciation values

Correct Answer: B,C,D

Question 6

What is One Exposure from Operations?
Response:

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 7

The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as.
Which ledgers are listed in the universal journal entry line items after you enter an incoming ivocie?
Response:

A. Standard ledger A
Extension ledger C

B. Standard ledger B
Extension ledger C

C. Standard ledger A
Standard ledger B
Extension ledger C

D. Standard ledger A
Standard ledger B

Correct Answer: D

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Financials Experts - P-S4FIN-1709 Exam Practice Test

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