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P-S4FIN-2020 Dumps 2021 - New SAP P-S4FIN-2020 Exam Questions
SAP S/4HANA Financials Professional Certification Exam Details:
| Exam Name | SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909) |
| Duration | 180 mins |
| Reference Books | S4F01 (SAP S/4HANA 2020) S4F02 (SAP S/4HANA 2020) S4F03 (SAP S/4HANA 2020) S4F01 (SAP S/4HANA 1909) S4F02 (SAP S/4HANA 1909) S4F03 (SAP S/4HANA 1909) |
| Number of Questions | 80 |
| Passing Score | P_S4FIN_2020 - 60% P_S4FIN_1909 - 61% |
| Exam Code | P_S4FIN_2020 |
| Sample Questions | SAP S/4HANA Financials Professional Certification Sample Questions |
| Exam Price | $550 (USD) |
| Level | Associate |
| Schedule Exam | SAP Training |
NEW QUESTION 48
What can you do in the Cockpit view of SAP Product Lifecycle Costing?
- A. View the costing structure.
- B. Receive an overview of the available master data.
- C. Define global settings for currencies and units of measure.
- D. Manage calculation versions.
Answer: D
NEW QUESTION 49
What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation?
- A. Reconcile GR/IR accounts
- B. Business Reconciliation Report
- C. Confirm Receipt of Goods
- D. Post Goods Receipt for inbound Delivery
Answer: A
NEW QUESTION 50
Where do you assign the customer and vendor account groups when preparing for integration with the business partner (BP)? Note: There are 2 correct answers to this question.
- A. BP role
- B. BP category
- C. BP role group
- D. BP grouping
Answer: A,D
NEW QUESTION 51
Your customer has created a custom ABAP report in an SAP ERP system based on totals table GLTO. How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?
- A. The balances of the table are posted as additional line items in the universal journal.
- B. The content of the table is deleted and compatibility view is generated
- C. The table is treated as a transient provider using BW query functionality
- D. The entries of the table are converted into column store
Answer: B
NEW QUESTION 52
You migrate a system from SAP ERP with classic G/L to SAP S/4HANA.
Which activities must you perform in the productive SAP S/4HANA system before the software is installed? Note: There are 3 correct answers to this question.
- A. Activate new Asset Accounting.
- B. Perform G/L customizing for migration.
- C. Post required documents in FI and CO.
- D. Run balance sheets and G/L account balances.
- E. Start the RAPERB2000 asset report.
Answer: C,D,E
NEW QUESTION 53
Your customer uses classic G/L and asks for possibilities to implement new functionalities. What functionality can be activated during the conversion?
- A. transfer prices
- B. Account-based CO-PA
- C. Document Splitting
- D. Additional FI Currency
Answer: B
NEW QUESTION 54
You convert a system from SAP ERP with classic G/L to SAP S/4HANA.
Which activities must you perform in the productive SAP S/4HANA system before the software is installed? There are 2 correct answers to this question.
- A. Activate new Asset Accounting.
- B. Perform G/L customizing for migration.
- C. Start the RAPERB2000 asset report.
- D. Run balance sheet and G/L account balances reporting.
Answer: C,D
NEW QUESTION 55
Your customer is implementing a new installation of SAP S/4HANA.
Which of the following technical components must be installed?
- A. SAP Business Planning and Consolidation for SAP S/4HANA
- B. SAP S/4HANA, embedded Business Warehouse
- C. SAP Fiori for SAP S/4HANA
- D. SAP NetWeaver Application Server
Answer: D
NEW QUESTION 56
For which Cases Can you Use SAP Product Lifecycle Costing? There are 2 correct answer to this question.
- A. Standard price cost estimates
- B. Sales order cost estimates
- C. Preliminary cost estimates
- D. Quotation costing
Answer: C,D
NEW QUESTION 57
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?
- A. Cloud platform compatibility
- B. Support for all industries
- C. Fuller integration to external systems
- D. Faster innovation cycles
Answer: D
NEW QUESTION 58
Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis? Please choose the correct answer.
- A. Simulation
- B. Prediction and commitments
- C. Extension
- D. Valuation
Answer: B
NEW QUESTION 59
Which object do you enter in controlling transactions to update a specific valuation in the universal journal?
- A. Ledger group
- B. Ledger
- C. Accounting principle
- D. Valuation area
Answer: A
NEW QUESTION 60
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?
- A. It outputs an error message when there are more than 999 lines.
- B. It creates a new document when there are more than 999.999 lines
- C. It creates a new document when there are more than 999 lines.
- D. It no longer assigns CO-specific document numbers.
Answer: C
NEW QUESTION 61
In your company code, you report on profit centre and segment level. You post a single invoice. What document splitting process does the system use to assign the correct profit centres and
- A. Active document splitting
- B. Passive document splitting
- C. Default account assignment
- D. Document splitting inheritance
Answer: A
NEW QUESTION 62
What must you create before you can record commitments in the universal journal?
- A. Extension ledger
- B. Mapping for condition types
- C. CO version
- D. Non-leading standard ledger
Answer: A
NEW QUESTION 63
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. Assign a segment to all G/L accounts
- C. Define a PA transfer structure
- D. Set the zero balance indicator
Answer: A,D
NEW QUESTION 64
In which cases can you use a transfer price for goods movement in parallel valuation? There are 2 correct answers to this question.
- A. Between two accounting principles
- B. Between two plants
- C. Between two profit centers
- D. Between two company codes
Answer: C,D
NEW QUESTION 65
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? There are 2 correct answer to this question.
- A. Assign accounting principles to all real and derived depreciation areas.
- B. Configure data depreciation areas to no longer post to the general ledger.
- C. Convert accounts of parallel valuations to asset reconciliation accounts.
- D. Define the document type for the accounting-principle-specific-documents.
Answer: A,C
NEW QUESTION 66
You are converting your system to SAP S/4HANA.
In your system you have:Three company codes assigned to a single controlling areaControlling area is assigned to fiscal year variant K4.Two company codes assigned to fiscal year variant K2One company code assigned to variant K3. During conversion to SAP S/4HANA, what do you need to change?
- A. Change all company codes to fiscal year variant K4
- B. Change all company codes to fiscal year variant K2.
- C. Change the controlling area to fiscal year variant K3.
- D. Change all company codes and the controlling area to fiscal year variant K2.
Answer: A
NEW QUESTION 67
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 added in BSEG without a corresponding line item in ACDOCA.
- 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 BKPF.
- D. There can be a line item in ACDOCA without a corresponding line item in BSEG.
Answer: C,D
NEW QUESTION 68
You want to configure an extension ledger. Which steps do you need to take? 2 correct answers
- A. Specify currency types for the Extension Ledger
- B. Assign a Fiscal Year variant to the Extension Ledger
- C. Specify the document types for the Extension Ledger
- D. Select an underlying ledger for the Extension Ledger
Answer: A,D
NEW QUESTION 69
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. Suppliers
- B. Fixed assets
- C. Production orders
- D. Materials
Answer: C
NEW QUESTION 70
At which level do you define that a G/L account is a secondary cost account?
- A. Operating concern
- B. Chart of accounts
- C. Company code
- D. Controlling area
Answer: B
NEW QUESTION 71
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SAP P-S4FIN-2020 Exam Practice Test Questions: https://www.dumpsreview.com/P-S4FIN-2020-exam-dumps-review.html
