P_S4FIN_2020 Updated Exam Dumps [2022] Practice Valid Exam Dumps Question
P_S4FIN_2020 Sample with Accurate & Updated Questions
NEW QUESTION 41
In your SAP S/4HANA system, ledger group L1 is assigned to a US GAAP accounting principle. You want to assign ledger group to the L1 to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values. Which of the following limitations prevent you from making assignment?
- A. You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger.
- B. One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.
- C. The US GAAP values need to be reported in USG-but-the company code currency is defined as EUR.
- D. You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.
Answer: D
NEW QUESTION 42
What setting must be identical between the company code and controlling area? Please choose the correct answer.
- A. The fiscal year variant key
- B. The number of posting periods.
- C. The number of special periods
- D. The number of postings and special periods
Answer: A
NEW QUESTION 43
Your customer's company code is assigned to a chart of depreciation with three depreciation areas that post in real time. Last year, your customer acquired an asset that was only capitalized In two of the depredation areas this year you post an integrated asset sale to a customer for this asset. How many documents are generated during the sale posting?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION 44
In controlling, what is a mandatory customizing step when convening a system to SAP S/4HANA?
- A. Migrate the material ledger
- B. Define profit center hierarchy.
- C. Activate account based CO-PA
- D. Create document type for CO postings
Answer: C
NEW QUESTION 45
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 K2
- B. Change all company codes and the controlling area to fiscal year variant K2
- C. Change all company codes to fiscal year variant K4
- D. Change the controlling area to fiscal year variant K3.
Answer: C
NEW QUESTION 46
What conversion preparation step can be executed only after installing SAP S/4HANA? Please choose the correct answer.
- A. Check customizing settings prior to migration
- B. SAP readiness check
- C. Simplification item check
- D. Maintenance planner
Answer: A
NEW QUESTION 47
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. Settlement of internal order (KO88)
- B. Post FI supplier invoice (FB60)
- C. Post time sheet data to Controlling (CAT7)
- D. Assessment cycle of cost centers (KSU5)
Answer: B,C
NEW QUESTION 48
You are converting your system to SAP S/4HANA.
In your system you have:Three company codes assigned to a single controlling areaControlling area is assigned to fiscal year variant K4.Two company codes assigned to fiscal year variant K2One 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 K2.
- B. Change all company codes to fiscal year variant K4
- 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: B
NEW QUESTION 49
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 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 is different in the two company codes
- B. The user is asked which categorywill be used in the future
- C. This system brings up an error message and rejects the change
- D. The cost element category in the account is also changed for company code 1010
Answer: D
NEW QUESTION 50
What does the Parallel Accounting Using G/ L Accounts indicator in ledger configuration allow you to do?
- A. Assign 2 or more Accounting principles to 1 Ledger
- B. Assign 2 ledgers to 1 company code
- C. Assign 2 or more valuation areas to 1 company code
- D. Assign 2 or more ledgers to 1 accounting principle
Answer: A
NEW QUESTION 51
In controlling. What is a mandatory customizing step when converting a system to SAP S/4HANA? Please choose the correct answer.
- A. Create document type for CO postings.
- B. Define profit center hierarchy.
- C. Activate Account-based CO-PA.
- D. Migrate the material ledger.
Answer: C
NEW QUESTION 52
You need to transfer multiple standard cost prices to CO-PA in an SAP S/4HANA system. What do you need to set up?
- A. Valuation using material cost estimate in costing-based CO-PA
- B. Valuation using material cost estimate in costing-based CO-PA and account-based-COPA
- C. The new refinement for cost of goods sold postings in account-based CO-PA
- D. Valuation using material cost estimate in account-based CO-PA
Answer: C
NEW QUESTION 53
What is the purpose of the retraction workbook? Please choose the correct answer.
- A. Retract planning data from ERP to BPC
- B. Retract planning data from BW to ERP
- C. Retract planning data from ERP to BW
- D. Retract planning data from BPC to ERP
Answer: D
NEW QUESTION 54
You want to refine the settings for splitting variance categories into G/L accounts in an SAP S/4HANA 1809 system with account-based CO-PA.
Which prerequisites must be met? Note: There are 2 correct answers to this question.
- A. You have set up accounts for transaction key BSX and GBB in the MM account determination.
- B. You have defined a settlement profile that allows the settlement of variances for your order type.
- C. You have executed the variance calculation in CO-PC.
- D. You have defined a PA transfer structure for settlement.
Answer: A,C
NEW QUESTION 55
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. Set the zero-balance indicator
- B. Assign a segment to all G/L accounts
- C. Define a clearing account
- D. Define a PA transfer structure
Answer: A,C
NEW QUESTION 56
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.
- A. 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. Finalize the before-and-after comparison of the financial reports with the business department
- D. Transfer application indexes using data aging
Answer: B,D
NEW QUESTION 57
What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.
- A. Source model
- B. Consolidation model
- C. Exchange Rate model
- D. Ownership model
Answer: A,C
NEW QUESTION 58
Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question.
- A. Employees
- B. Distribution channels
- C. Suppliers
- D. Banks
- E. Bank accounts
Answer: A,C,D
NEW QUESTION 59
Where do you assign the customer and vendor account groups when preparing for integration with the business partner (BP)? Note: There are 2 correct answers to this question.
- A. BP role group
- B. BP grouping
- C. BP category
- D. BP role
Answer: B,D
NEW QUESTION 60
For which account assignments can you perform realignment in the universal journal? Note: There are 2 correct answers to this question.
- A. Sales region
- B. Customer group
- C. Profit center
- D. Functional area
Answer: A,B
NEW QUESTION 61
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. Central finance
- B. On Premise
- C. Cloud multi-tenant
- D. Cloud single-tenant
Answer: B
NEW QUESTION 62
What customizing option is available during the conversion project of an SAP ERP system with classic G/L to SAP S/4HANA 1809?
- A. Replace the accounts approach with the ledger approach.
- B. Introduce document splitting
- C. Add an extension ledger.
- D. Implement a new currency type.
Answer: D
NEW QUESTION 63
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