SAP P-S4FIN-2021 Exam Dumps - PDF Questions and Testing Engine [Q28-Q49]

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SAP P-S4FIN-2021 Exam Dumps - PDF Questions and Testing Engine

Latest P-S4FIN-2021 Exam Dumps for Pass Guaranteed

NEW QUESTION # 28
On what level can you assign a fiscal year variant to a company code?

  • A. Ledger group, for standard ledger type
  • B. Ledger, forstandard ledger type
  • C. Ledger, for any type of ledger
  • D. Ledger group, for any type of ledger

Answer: C


NEW QUESTION # 29
What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.

  • A. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas
  • B. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle
  • C. Actual depreciations of the controlling depreciation area used for management valuations
  • D. Actual depreciations of all depreciation areas that are set to post depreciation periodically

Answer: B,D


NEW QUESTION # 30
Which processes create an artificial controlling document (document numberstarting with A)?Note: There are 2 correct answers to this question.

  • A. Internal activity allocation to sales order
  • B. Stock material consumption on project
  • C. FI posting of primary costs to production order
  • D. Top down distribution in margin analysis

Answer: C,D


NEW QUESTION # 31
In which sequence do you create the objects required for the SAP financial closing cockpit?

  • A. 1. Define task levels
    2. Create task group
    3. Release task levels
    4. Release task group
    1. Create template
    2. Create tasks
  • B. 3. Create task lists
    4. Release task lists
  • C. 1. Define closing periods
    2. Create task lists
    3. Release task lists
    4. Release closing periods
  • D. 1. Create task group
    2. Create task lists 3 Create tasks
    4. Release task lists

Answer: D


NEW QUESTION # 32
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 kept but a compatibility view has been generated to read its content.
  • B. The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.
  • 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 removed and replaced by a compatibility view.

Answer: D


NEW QUESTION # 33
If you use the ledger approach, which customization settings must you apply for new Asset Account? Note:
There are 2 correct answers to these questions.

  • A. Set reconciliation account for parallel valuation (non-leading ledger).
  • B. Assign an accounting principle to every depreciation area.
  • C. Assign a controlling version to each depreciation area.
  • D. Define a technical clearing account for integrated asset acquisitions.

Answer: B,D


NEW QUESTION # 34
Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.

  • A. Reduced footprint
  • B. Choice of deployment
  • C. Choice of database
  • D. Reduced throughput

Answer: A,B


NEW QUESTION # 35
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question.

  • A. Characteristics will be added to universal journal
  • B. Cost component split (COGS) can be configured in financial accounting
  • C. Cost based CO-PA can still be used in parallel
  • D. Historical data will be enriched with characteristics by derivation
  • E. Value fields will be added to the universal Journal

Answer: A,B,C


NEW QUESTION # 36
What are some features of actual costing in SAP S/4HANA?Note: There are 2 correct answers to this question

  • A. Combined run for both standard and alternative valuations
  • B. Simplified data structure with new table structure
  • C. Reduced number of steps in the calculation cockpit
  • D. Selection of activity prices of other CO-versions in the standard run

Answer: C


NEW QUESTION # 37
What function of cash management allows you to create historical versions of cash flows? Please choose the correct answer.

  • A. Snapshot
  • B. Reconcile cash flows
  • C. Release cash flows
  • D. Cash pooling

Answer: A


NEW QUESTION # 38
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

  • A. Public cloud
  • B. Private cloud
  • C. On premise
  • D. Central finance

Answer: D


NEW QUESTION # 39
You want to sell products from stock. What do you need to maintain before you can analyze the cost of goods sold (COGS) subdivided by cost components in account-based CO-PA? Note: There are 2 correct answers to this question

  • A. A collection of primary cost elements to receive the cost portions
  • B. An extension ledger with type "Line items with technical numbers"
  • C. A cost splitting profile in general ledger accounting
  • D. A settlement profile to control the settlement of cost portions

Answer: A,C


NEW QUESTION # 40
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 code 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 are a. What is the effect in the system when you save this account?

  • A. The cost element category in the account is changed back to "42" for company code 1750.
  • B. The cost element category is different in the two company codes.
  • C. The cost element category in the account is changed for both company codes
  • D. The system brings up an error message and rejectsthe change.

Answer: C


NEW QUESTION # 41
Which transactions generate a prima nota entry in the system in addition to the universal journal entry? There are 2 correct answers to this question

  • A. Post FI supplier invoice (FB70)
  • B. Post time sheet data to Controlling (CAT7)
  • C. Settlement of internal order (K088)
  • D. Assessment cycle of cost centers (KSUS)

Answer: A,B


NEW QUESTION # 42
You perform a direct activity allocation. Which database tables are updated? Note: There are 2 correct answers to this question

  • A. BSEG
  • B. COBK
  • C. ACDOCA
  • D. COSS

Answer: B,C


NEW QUESTION # 43
Which type of extension ledger do you set up to record incoming sales orders for account based profitability analysis?

  • A. Prediction and commitments
  • B. Extension
  • C. Simulation
  • D. Valuation

Answer: A


NEW QUESTION # 44
What happens during the migration activity Regenerate CDS Views and Field Mapping? Note: There are 2 correct answers to this question.

  • A. The redirection of SELECT statements is generated.
  • B. The field mapping for the customer and vendor integration is created.
  • C. The OData services for SAP Fiori integration are activated.
  • D. The customer-specific fields are included in the data migration procedure.

Answer: A,D


NEW QUESTION # 45
You create a new G/L account. Which G/L account type can you assign? There are 2 correct answer to this question

  • A. Assessment Costs
  • B. Primary Costs or Revenue
  • C. Internal Activity Costs
  • D. Secondary Costs

Answer: B,D


NEW QUESTION # 46
You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer posting to achieve this? Note: There are 2 correct answers to this question.

  • A. Depreciation area
  • B. Transaction type
  • C. Ledger group
  • D. Accounting principle

Answer: C,D


NEW QUESTION # 47
What can you do in the Cockpit view of SAP Product Lifecycle Costing?

  • A. Manage calculation versions.
  • B. Define global settings for currencies and units of measure.
  • C. View the costing structure.
  • D. Receive an overview of the available master data

Answer: A


NEW QUESTION # 48
A business user entered the wrong password too many times and is locked out of the SAP Fiori launchpad.
Where must the administrator unlock this user?

  • A. SAP Fiori launchpad designer
  • B. SAP Smart Business
  • C. SAP S/4HANA back end
  • D. Front-end SAP Gateway server

Answer: D


NEW QUESTION # 49
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