SAP P_S4FIN_1610 Online Practice Questions and Exam Preparation

SAP P_S4FIN_1610 Online Questions & Answers

• Question 1:

  You use document splitting and post an incoming invoice via a cost center to segment.

  You then use the Manual Reposting 01 Costa (KB11N) transaction to Repost the expense to segment B.

  What happens to the segment assigned to the supplier line item in the original invoice posting?

  Response:

  A. The open item is assigned to segment B through reclassification at month end.
  B. The open item is assigned to segment B when the invoice is paid.
  C. The open item is assigned to segment B automatically with the CO reposting.
  D. The open item remains on segment A.
  D. The open item remains on segment A.

• Question 2:

  What do you manage within cash operations of SAP Cash Management?

  Note: There are 2 correct answers to this question.

  Response:

  A. Bank risk analysis and risk mitigation
  B. Hedging and hedging contracts
  C. Credit limits for customer accounts
  D. Daily cash position, deficits, and surpluses
  A. Bank risk analysis and risk mitigation
  D. Daily cash position, deficits, and surpluses

• 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. Check deposit management
  D. Memo record management
  E. Electronic bank statement processing
  B. Workflow approval processing
  D. Memo record management
  E. Electronic bank statement processing

• Question 4:

  You need to create a new user-defined characteristic in account based CO-PA and must ensure that is part of the universal journal entry.

  Which actions do you have to perform?

  Note: There are 2 correct answers to this question.

  Response:

  A. Activate the CO-PA append structure in ACDOCA.
  B. Create the user-defined characteristic and add it to the operating concern.
  C. Maintain the proper derivation rules in transaction KEDR.
  D. Generate the operating concern.
  B. Create the user-defined characteristic and add it to the operating concern.
  D. Generate the operating concern.

• Question 5:

  At which level do you define that a G/L account is a secondary cost account? Response:

  A. Chart of accounts
  B. Operating concern
  C. Company code
  D. Controlling area
  A. Chart of accounts

• Question 6:

  A customer is currently running SAP ERP and wants to transition to a new implementation of SAP S/4HANA 1709. Yea are required to provide them with a solution that enable them transition to SAP S/4 HANA Customer specific

  enhancements.

  Which of the following tools will help leverage the transition process?

  Response:

  A. Software Update Manager
  B. SAP Transformation navigator
  C. SAP S/4HANA migration cockpit
  D. SAP Readiness check for sap S/4 HANA
  A. Software Update Manager

• Question 7:

  Which step is automatically performed in Asset Accounting when you perform the year-end balance carryforward? Response:

  A. A) The year-end closing (program RAJABS00) is executed and the previous fiscal year is closed.
  B. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.
  C. The depreciation for the new year is calculated and maintained per asset in table FAAT_PLAN VALUES
  D. The plan/actual variance is calculated for the annual capital expense reporting on statistical cost elements (type 90).
  B. The depreciation run (program FAA_DEPRECIATION_POST) for period 12 of the fiscal year is triggered.

• Question 8:

  After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the "Currency Is Only Available In Controlling" indicator.

  What might be the cause of this?

  Note: There are 2 correct answers to this question.

  Response:

  A. Before the migration, the company code was NOT linked to a controlling area.
  B. The controlling area linked to the company code was defined with currency type 20.
  C. Before the migration, the company code did NOT have any parallel currencies defined.
  D. Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.
  B. The controlling area linked to the company code was defined with currency type 20.
  C. Before the migration, the company code did NOT have any parallel currencies defined.

• Question 9:

  Your company code is configured with three depreciation areas that post in real time The company is configured to update company code and group currency types.

  How many documents are posted when you post a partial scrapping for a single depreciation area?

  Response:

  A. 1
  B. 2
  C. 3
  D. 4
  A. 1

• Question 10:

  What can you do in the extension ledgers configuration?

  Please choose the correct answer.

  Response:

  A. You can manually create a new ledger group that contains an extension ledger.
  B. You can assign a freely defined currency to an extension ledger.
  C. You can link an accounting principle to a ledger group that contains an extension ledger.
  D. You can create an extension ledger for which the underlying ledger is an extension ledger.
  C. You can link an accounting principle to a ledger group that contains an extension ledger.