[Sep-2021] Pass P_S4FIN_2020 Exam in First Attempt UpdatedP_S4FIN_2020 ActualTorrent Exam Question
SAP Certified Application Professional Dumps P_S4FIN_2020 Exam for Full Questions - Exam Study Guide
NEW QUESTION 32
Which technology supports adoption of the SAP HANA architecture?
- A. Multi-core, multi-thread central processing units.
- B. Fast and reliable solid-state disks
- C. High-speed, long-range wireless network protocols.
- D. Smartphone devices
Answer: A
NEW QUESTION 33
In controlling, what is a mandatory customizing step when convening a system to SAP S/4HANA?
- A. Activate account based CO-PA
- B. Define profit center hierarchy.
- C. Create document type for CO postings
- D. Migrate the material ledger
Answer: A
NEW QUESTION 34
What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation? Please choose the correct answer.
- A. Confirm Receipt of Goods
- B. Post Goods Receipt for inbound Delivery
- C. Reconcile GR/IR Accounts
- D. Business Reconciliation Report
Answer: C
NEW QUESTION 35
Which of the following front-end clients can you NOT use in the standard system for SAP Business Planning and Consolidation for SAP S/4HANA Finance? Please choose the correct answer.
- A. SAP BusinessObjects Analysis for Microsoft Office
- B. SAP Fiori
- C. SAP Business Client
- D. SAP GUI
Answer: D
NEW QUESTION 36
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. Set the zero-balance indicator
- D. Define a PA transfer structure
Answer: A,C
NEW QUESTION 37
You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?
- A. Define two valuation methods and assign the accounting principles to the new valuation method
- B. Define two valuation areas and two accounting principles with relevant links to ledgers
- C. Define a valuation area and extension ledger to link with the new valuation area
- D. Define a valuation area and ledger group for two ledgers to link with the new valuation area.
Answer: B
NEW QUESTION 38
What data for asset accounting is stored in the universal journal?
- A. Actual depreciation of all depreciation area that are set to post depreciation periodically
- B. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle.
- C. Planned depreciations and revaluations of all depreciation areas that are set to post to the G/L
- D. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas.
Answer: A
NEW QUESTION 39
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 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. Change all company codes to fiscal year variant K4
- B. Change all company codes to fiscal year variant K2
- C. Change all company codes and the controlling area to fiscal year variant K2
- D. Change the controlling area to fiscal year variant K3.
Answer: A
NEW QUESTION 40
What setting must be identical between the company code and controlling area? Please choose the correct answer.
- A. The number of special periods
- B. The number of posting periods.
- C. The number of postings and special periods
- D. The fiscal year variant key
Answer: D
NEW QUESTION 41
During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO? Please choose the correct answer.
- A. Because a delta between all line items and the balance of every account will be updated in the universal journal
- B. Because all balances from the past years are stored in the universal journal
- C. Because the system displays an error if the sum of aggregated line items differs from the balance
- D. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account
Answer: A
NEW QUESTION 42
Which ledger-specific configuration can you maintain at company code level? There are 2 correct answer to this question.
- A. Financial statement version
- B. Fiscal year variant
- C. Field status variant
- D. Posting period variant
Answer: A,D
NEW QUESTION 43
You select the configuration option Set Migration to complete in the conversion of Accounting to SAP S/4HANA.
What does this mean?
There are 3 correct answers to this question
- A. All error messages have been accepted
- B. Migration for logistics can begin
- C. The previous year can be reopened
- D. All views are generated successfully
- E. Customizing is consistent
Answer: A,D,E
NEW QUESTION 44
When does a document posted in controlling become Visible in financial accounting? Please choose the correct answer.
- A. When real-time integration is active for the company code
- B. When document splitting is active for the company code
- C. When FI account assignments (such as the segment) change
- D. When any primary or secondary cost and revenue accounts are posted
Answer: D
NEW QUESTION 45
Which objects do you migrate from SAP ERP to SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. Master data such as assets and profit centers.
- B. Accounting documents of financial accounting and controlling
- C. House banks for new Bank Account Management.
- D. Data of costing-based profitability analysis
- E. Balances of accounts, customers, and vendors.
Answer: B,C,E
NEW QUESTION 46
On which levels can you assign semantic tags to a financial statement version in SAP Fiori?
There are 3 correct answer to this question.
- A. G/L account
- B. Segment
- C. Business area
- D. Functional area
- E. Financial statement item
Answer: A,D,E
NEW QUESTION 47
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? There are 2 correct answer to this question.
- A. Document type
- B. Accounting principle
- C. Currency type
- D. Valuation area
Answer: B,D
NEW QUESTION 48
Which of the following are phases in SAP Activate? Note: There are 3 correct answers to this question.
- A. Test
- B. Explore
- C. Deploy
- D. Blueprint
- E. Realize
Answer: B,C,E
NEW QUESTION 49
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