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SAP P_S4FIN_2023 Exam Syllabus Topics:
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NEW QUESTION # 26
Your customer has an SAP ERP system with classic G/L accounting and wants to convert directly to SAP S/4HANA as soon as possible during the current fiscal year via standard conversion. Which limitations apply in SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. You cannot configure and activate document splitting during conversion.
- B. You must use the accounts approach to parallel valuation.
- C. You must configure profit center and segment accounting.
- D. You must continue to use Special Purpose Ledger for preparation for consolidation.
- E. You must define valuation areas for foreign currency valuation.
Answer: A,C,D
NEW QUESTION # 27
You are converting your system to SAP S/4HANA. In your system, you have:Three company codes assigned to a single controlling area. Controlling area is assigned to fiscal year variant Y4. Two company codes assigned to fiscal year variant K2. One company code assigned to variant K3.During conversion to SAP S/4HANA, what do you need to change?
- A. Create a new fiscal year variant (for example Z4) and assign it to all company codes and the controlling area.
- B. Change all company codes to fiscal year variant K4.
- C. Change all company codes to fiscal year variant K2.
- D. Change all company codes and the controlling area to fiscal year variant K2.
Answer: B
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 28
What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?
- A. New depreciation engine is used.
- B. Parallel ledgers are available.
- C. Period posting (ASKB) became obsolete.
- D. New asset accounting is activated.
Answer: D
NEW QUESTION # 29
In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company co 1010.
In a second step, you change this account to cost element category "43" in company code 1750, which is assigned to the same controlling area.
What is the effect in the system when you save this account?
- A. The cost element category is different in the two company codes.
- B. The cost element category in the account is changed for both company codes.
- C. The cost element category in the account is changed back to "42" for company code 1750.
- D. The system brings up an error message and rejects the change.
Answer: B
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 30
Which modules read and write line items of the universal journal (ACDOCA)? Note: There are 2 correct answers to this question.
- A. Costing-based profitability analysis
- B. Cash management
- C. Account-based profitability analysis
- D. Actual costing
Answer: B,C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 31
You want to convert your system from an account solution into a ledger solution without a prior New G/L migration project.Which scenario can be used?Note: There are 2 correct answers to this question.
- A. New implementation
- B. SAP Standard Conversion
- C. Selective Data Transition
- D. Chart of Accounts Conversion
Answer: B,D
NEW QUESTION # 32
Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question.
- A. Top down distribution in margin analysis
- B. Stock material consumption on project
- C. FI posting of primary costs to production order
- D. Internal activity allocation to sales order
Answer: A,C
NEW QUESTION # 33
What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.
- A. Actual depreciations of the controlling depreciation area used for management valuations
- B. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas
- C. Actual depreciations of all depreciation areas that are set to post depreciation periodically
- D. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle
Answer: A,C
Explanation:
Asset Accounting Configuration in SAP S/4HANA
NEW QUESTION # 34
On which levels can you assign semantic tags to a financial statement version in SAP Fiori? Note: There are 3 correct answers to this question.
- A. G/L account
- B. Segment
- C. Business area
- D. Financial statement item
- E. Functional area
Answer: B,D,E
Explanation:
Managing Clean Core
NEW QUESTION # 35
You are converting your system to SAP S/4HANA.
Which functionality became obsolete in SAP S/4HANA in Asset Accounting and needs to be migrated before conversion?
- A. Year-end closing
- B. Insurance values in the asset master records
- C. Depreciation areas for parallel currencies
- D. Non-posting depreciation areas
Answer: B
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 36
Your customer has created a custom ABAP report in an SAP ERP system based on totalstable GLTO.How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?
- A. The table GLTO has been removed and replaced by a compatibility view.
- B. The table GLTO has been kept but a compatibility view has been generated to read its content.
- C. The table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view.
- D. The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.
Answer: A
NEW QUESTION # 37
What can you do with SAP S/4HANA Accrual Management?
- A. Automatically calculate accruals for asset acquisitions (direct capitalization) with purchase orders.
- B. Automatically calculate accruals for purchase orders with posted valuated goods receipt.
- C. Post planned accrual amounts in table ACDOCP and analyze them in reports.
- D. Post and analyze accruals in all currencies defined for the general ledger.
Answer: A
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 38
In an on-premise SAP S/4HANA system, which of the following features is mandatory?
- A. Registration for Indirect Taxes Abroad
- B. Universal parallel accounting
- C. Material ledger
- D. Document splitting
Answer: C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 39
You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA.
What does this mean? Note: There are 3 correct answers to this question.
- A. All error messages have been accepted.
- B. All views are generated successfully.
- C. The activity Fill the offsetting accounts in Fl documents can be started.
- D. Customer Vendor Integration can start.
- E. Material Ledger activation can start.
Answer: C
NEW QUESTION # 40
In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.
- A. Between two profit centers
- B. Between two accounting principles
- C. Between two storage locations
- D. Between two company codes
Answer: A,D
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 41
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.
- A. Define depreciation areas for all currency types.
- B. Define a technical clearing account for integrated acquisitions
- C. Activate enterprise extension EA-FIN.
- D. Assign accounting principles to all depreciation areas
- E. Close all fiscal years except the current one.
Answer: A,C,E
NEW QUESTION # 42
How many digits for the amount field on the financial document line item level are supported in the universal journal
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
NEW QUESTION # 43
You notice alpha-numeric document numbers in the universal journal, that do not have a corresponding document header stored in the BKPF table.
Which activities may lead to alpha-numeric document numbers? Note: There are 2 correct answers to this question.
- A. Customer invoice posted via interface
- B. Corrections due to migration
- C. Balance carry forward
- D. Cross company code postings
Answer: B,C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 44
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.
- A. Errors must be clarified, and uncritical errors can be accepted
- B. All errors must be corrected before SUM (Software Update Manager)starts.
- C. All errors related to closed years can be ignored.
- D. Critical errors must be resolved in the production system before Go Live.
Answer: B,D
NEW QUESTION # 45
Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?
- A. Payment methods
- B. Memo records
- C. Planning group
- D. Planning level
Answer: B
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 46
In which of the possible scenarios can you indicate that an account is also a statistical cost element?Note: There are 2 correct answers to this question.
- A. It is used as inventory account (BSX) in the material account assignment.
- B. It is used as special reserve balance account in fixed asset accounting.
- C. It is used as WIP account from price differences in the material account assignment
- D. It is used as balance sheet account for APC costsin fixed asset accounting.
Answer: C,D
NEW QUESTION # 47
You are converting yoursystem to SAP S/4HANA.
In yoursystem, you have:Three company codes assigned to a single controlling area. Controlling area is assigned to fiscal year variant K4. Two company codes assigned to fiscal year variant K2. One company code assigned to variant K3.During conversion to SAP S/4HANA, what do you need to change?
- A. Create a new fiscal year variant (for example Z4) and assign it to all company codes and the controlling area.
- B. Change all company codes to fiscal year variant K4.
- C. Change all company codes to fiscal year variant K2.
- D. Change all company codes and the controlling area to fiscal year variant K2.
Answer: B
NEW QUESTION # 48
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. Private cloud
- B. On premise
- C. Public cloud
- D. Central finance
Answer: B
NEW QUESTION # 49
Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this question.
- A. Convert all accounts of parallel valuations to reconciliation accounts
- B. Define the document type for the accounting-principle-specific documents.
- C. Configure delta depreciation areas to no longer post to the general ledger
- D. Assign accounting principles to all real and derived depreciation areas.
Answer: A,D
NEW QUESTION # 50
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