P-S4FIN-2021 by SAP Actual Free Exam Q&As

Question 1

In what system is it required to perform all system conversion steps to identify and solve conversion errors?

A. Sandbox B. Quality Assurance C. Production D. Development

Discussion 0

Correct Answer: B Vote an answer

Question 2

What must you create before you can record commitments in the universal journal?

A. Statistical cost elements B. Extension ledger C. Tolerance profile D. Document type

Discussion 0

Correct Answer: B Vote an answer

Question 3

You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA.What does this mean? Note: There are 3 correct answers to this question

A. Customer Vendor Integration can start. B. All error messages have been accepted. C. All views are generated successfully. D. Customizing is consistent. E. Only critical error messages have been accepted.

Discussion 0

Correct Answer: B,C,D Vote an answer

Question 4

Which fields do you maintain when defining the source ledger for migration of balances?Note: There are 2 correct answers to this question.

A. Source table B. Year C. Period D. Company code

Discussion 0

Correct Answer: B,D Vote an answer

Question 5

You want to set up a multi-level gross margin report in profitability analysis (CO-PA).What do you customize to report the fixed and variable values separately?Note: There are 2 correct answers to this question.

A. Costing-based CO-PA: no specific customizing is necessary B. Margin analysis: assign different accounts (assignment of different accounts is necessary) C. Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary) D. Margin analysis: no specific customizing is necessary

Discussion 0

Correct Answer: B,C Vote an answer

Question 6

Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.

A. Storing B. Indexing C. Aging D. Archiving

Discussion 0

Correct Answer: C,D Vote an answer

Question 7

You maintain a launchpad for users who are assigned to the Z_MANACC role. What do you need to do to make an app available for the users?

A. Assign the app directly to the Z_MANACC role and add the app to a catalog. B. Add the app to a catalog that is assigned to the Z_MANACC role. C. Add the app to a group that is assigned to the Z_MANACC role D. Assign the app directly to the Z_MANACC role and add the app to a group.

Discussion 0

Correct Answer: B Vote an answer

Question 8

Your customer currently uses classic G/L and asks what new functionalities can be implemented during an SAP standard conversion to SAP S/4HANA.What functionality can you activate?

A. Additional parallel currency B. Additional standard ledger C. Document splitting D. Margin analysis

Discussion 0

Correct Answer: A Vote an answer

Question 9

A document can have up to 999999 line items in the universal journal (reporting or G/L view).How does this affect the entry view table

A. It is automatically extended to 999999 line items. B. It is now a compatibility view without number restrictions. C. It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required D. It is still limited to 999 line items but you can configure summarization on certain criteria.

Discussion 0

Correct Answer: D Vote an answer

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts - P-S4FIN-2021 Exam Practice Test