SAP P_S4FIN_1709 Online Practice Questions and Exam Preparation

SAP P_S4FIN_1709 Online Questions & Answers

• Question 1:

  You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation.

  What are the critical steps for fixed assets?

  Note: There are 3 correct answers to this question.

  Response:

  A. Update G/L accounts for the new depreciation area for the chart of depreciation.
  B. Update the depredation key for the new depreciation area.
  C. Manually recalculate depreciation for the new depreciation area.
  D. Activate the new depreciation areas for asset classes under the chart of depreciation.
  E. Activate the new depreciation areas for the individual assets for the respective company codes.
  A. Update G/L accounts for the new depreciation area for the chart of depreciation.
  C. Manually recalculate depreciation for the new depreciation area.
  D. Activate the new depreciation areas for asset classes under the chart of depreciation.

• Question 2:

  What must you do before a Go Live migration in the productive client can be set to Complete in customizing?

  Note: There are 2 correct answers to this question.

  Response:

  A. Finalize the before-and-after comparison of the financial reports with the business department
  B. Apply small-scale live postings of the day-to-day business to check the system
  C. Transfer application indexes using data aging
  D. Get approval of business department and project management.
  B. Apply small-scale live postings of the day-to-day business to check the system
  C. Transfer application indexes using data aging

• Question 3:

  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.

• Question 4:

  What are the features of the mufti-valuation ledger for parallel valuation methods in SAP S/4HANA? Note: There are 2 correct answers to this question.

  Response:

  A. It is available only for new installations.
  B. It will NOT have any valuation view assigned to the ledger.
  C. It requires a non-leading ledger for parallel valuations.
  D. It utilizes separate amount columns in the same ledger.
  B. It will NOT have any valuation view assigned to the ledger.
  D. It utilizes separate amount columns in the same ledger.

• Question 5:

  With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger?

  Note: There are 2 correct answers to this question.

  Response:

  A. The material ledger uses the currencies defined in both the leading and non-leading ledgers.
  B. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.
  C. The material ledger with actual costing requires a periodic costing run to update inventory values.
  D. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.
  C. The material ledger with actual costing requires a periodic costing run to update inventory values.
  D. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.

• Question 6:

  Which downstream activities can be updated when you post a payment in receivables management?

  Note: There are 2 correct answers to this question.

  Response:

  A. Update of days sales outstanding calculations
  B. Reduction of an open dispute case amount
  C. Release of an order from credit hold
  D. Update of a promise to pay
  B. Reduction of an open dispute case amount
  C. Release of an order from credit hold

• Question 7:

  You have integrated SAP Cash Application on the SAP Cloud Platform with your SAP S/4HANA system. Which process does SAP Cash Application help you with? Response:

  A. Bank statement processing
  B. Cash journal logging
  C. Monitoring bank risk
  D. Cash flow reporting
  A. Bank statement processing

• Question 8:

  You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but thise field is currently, NOT available.

  What could be the reasons for this behavior?

  Note: There are 2 correct answers to this question.

  Response:

  A. The G/L account is NOT a reconciliation account type for assets.
  B. The G/L account is NOT maintained in the account determination of fixed asset accounting.
  C. The G/L account is NOT maintained in the account determination for materials management.
  D. The G/L account is NOT maintained in the account determination for real-time integration with CO.
  B. The G/L account is NOT maintained in the account determination of fixed asset accounting.
  C. The G/L account is NOT maintained in the account determination for materials management.

• Question 9:

  For which parameters can you define the minimum life to maintain documents in financial accounting for data aging?

  Note: There are 2 correct answers to this question.

  Response:

  A. Document type
  B. Document number
  C. Ledger group
  D. Account type
  A. Document type
  D. Account type

• Question 10:

  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? Response:

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