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P_S4FIN_1709 SAP Certified Application Professional - Financials in SAP S/4HANA 1709 for SAP ERP Financials Experts

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The complete product contains 80 questions.

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Single choice5

Multiple choice7

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SAP · P_S4FIN_1709

P_S4FIN_1709 questions and answers

Review the question wording, option layout, and available explanations before choosing a study plan.

Question 1

Single choice

Which of the following front-end clients can you NOT use for SAP Business Planning and Consolidation
(BCP) Optimized for SAP S/4HANA Finance?

Please choose the correct answer.

Response:

A
SAP Fiori
B
SAP GUI
C
SAP Business Client
D
SAP BusinessObjects Analysis for Microsoft Office

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Correct answerB

Question 2

Single choice

How does the Near-Zero Downtime method minimize the downtime of the productive SAP system during migration?

Response:

A
The data from previous years is archived.
B
SQL database commands are used to accelerate the migration
C
A clone of the productive system is used.
D
Optimized data compression is used to minimize the data volume.

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Correct answerC

Question 3

Single choice

The customers and vendors balances of the previous year are carried forward to the new year, but you did NOT perform the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable.

Why do you NOT need to execute this program?

Please choose the correct answer.

Response:

A
Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error
B
Because balance carryforward was performed automatically due to postings to the subledgers in the new year
C
Because balance carryforward was performed for the leading ledger in general ledger
D
Because balance carryforward was performed automatically when closing the previous year

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Correct answerC

Question 4

Multiple choice

If a customer decides to deploy SAP S/4HANA Cloud instead of SAP S/4HANA on premise, what distinct benefits will the customer gain?

Note: There are 3 correct answers to this question.

Response:

A
Personalization through self-service configuration
B
Automatic updates every 3 months
C
Faster initial implementation
D
Seamless adoption of the existing processes
E
Higher degree of customization

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Correct answersB, C, D

Question 5

Multiple choice

Which of the following are phases in SAP Activate?

Note: There are 3 correct answers to this question.

Response:

A
Blueprint
B
Realize
C
Deploy
D
Test
E
Explore

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Correct answersB, C, E

Question 6

Multiple choice

For which account assignments can you perform realignment in the universal journal?

Note: There are 2 correct answers to this question.

Response:

A
Profit center
B
Functional area
C
Sales region
D
Customer group

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Correct answersC, D

Question 7

Multiple choice

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

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Correct answersB, C

Question 8

Multiple choice

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.

Response:

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

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Correct answersC, D

Question 9

Single choice

How do you compensate for the technical clearing account NOT balancing in all accounting principles with the accounts approach for parallel valuation?

Please choose the correct answer.

Response:

A
By running the monthly depreciation posting
B
By running the periodic acquisition and production cost posting
C
By entering manual corrective clearing transfer postings
D
By maintaining the offset account in the asset account determination

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Correct answerD

Question 10

Multiple choice

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.

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Correct answersA, C, D

Question 11

Multiple choice

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.

Response:

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

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Correct answersA, D

Question 12

Single choice

Why is it necessary to migrate balances for FI and CO?

Please choose the correct answer.

Response:

A
Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account
B
Because the system displays an error if the sum of aggregated line items differs from the balance
C
Because all balances from the past years are stored in the universal journal
D
Because a delta between all line items and the balance of every account will be updated in the universal journal

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Correct answerD