SAP Certified Professional P-S4FIN-2023 Dumps | Updated Nov 02, 2024 - Exam4Labs
Master 2024 Latest The Questions SAP Certified Professional and Pass P-S4FIN-2023 Real Exam!
SAP P-S4FIN-2023 Exam Syllabus Topics:
| Topic | Details |
|---|---|
| Topic 1 |
|
| Topic 2 |
|
| Topic 3 |
|
| Topic 4 |
|
NEW QUESTION # 45
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 element 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 in the account is changed back to "42" for company code 1750.
- B. The system brings up an error message and rejectsthe change.
- C. The cost element category in the account is changed for both company codes
- D. The cost element category is different in the two company codes.
Answer: C
NEW QUESTION # 46
You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.
- A. All errors must be corrected before SUM (Software Update Manager)starts.
- B. Critical errors must be resolved in the production system before Go Live.
- C. Errors must be clarified, and uncritical errors can be accepted
- D. All errors related to closed years can be ignored.
Answer: A,B
NEW QUESTION # 47
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. On premise
- B. Central finance
- C. Public cloud
- D. Private cloud
Answer: B
NEW QUESTION # 48
What cost centre planning process can write data directly to plan item table ACDOCP?
- A. Formula planning with templates
- B. Internal activity price calculation
- C. Manual planning of statistical key figures
- D. Planning in SAP Analytics Cloud
Answer: C
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 49
What is the maximum number of currency types that you can report on for a ledger?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION # 50
In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?
- A. Document splitting default account assignment
- B. Document splitting inheritance
- C. Active document splitting
- D. Passive document splitting
Answer: C
NEW QUESTION # 51
For which functionality is a productive material ledger a prerequisite ? Note: There are 2 correct answers to this question.
- A. Actual costing
- B. Parallel valuation for transfer pricing
- C. Parallel update of the two types of profitability analysis
- D. Actual activity price determination
Answer: A,B
NEW QUESTION # 52
What is the earliest point in time that the attributed profitability segments can be derived?
- A. When you settle the cost to margin analysis
- B. When you assess the costs to margin analysis using the universal allocation
- C. When you post the primary cost document to a WBS element
- D. When you run the top-down distribution in margin analysis
Answer: C
NEW QUESTION # 53
What setting must be identical between the company code and controlling area?
- A. The posting period variant key
- B. The fiscal year variant key
- C. The currency and valuation profile
- D. The group chart of account
Answer: B
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 54
You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles.
How can you set this up in the system?
- A. Define two valuation methods and assign the accounting principles to the new valuation methods.
- B. Define a valuation area and ledger group for two ledgers to link with the new valuation area.
- C. Define a valuation area and an accounting principle with relevant links to ledgers.
- D. Define two valuation areas and two accounting principles with relevant links to ledgers.
Answer: D
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 55
What is an advantage of selecting SAP S/4HANA Cloud Public Edition instead of SAP S/4HANA On- Premise?
- A. Integration to the Business Technology Platform
- B. Access to transaction codes
- C. Faster innovation cycles
- D. Full configuration scope
Answer: C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 56
What is posted at the same time to both account-based and costing-based profitability analysis? Note: There are 2 correct answers to this question.
- A. CO-PA valuated insurance costs
- B. Standard cost of goods sold
- C. Incoming sales orders
- D. Actual revenue
Answer: C,D
NEW QUESTION # 57
Your customer has created a custom ABAP report in an SAP ERP system based on totalstable GLTO.How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?
- A. The table GLTO has been removed and replaced by a compatibility view.
- B. The table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view.
- C. The table GLTO has been kept but a compatibility view has been generated to read its content.
- D. The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.
Answer: A
NEW QUESTION # 58
Which model can be used for ABAP cloud-native development?
- A. ABAP RESTful Application Programming Model
- B. The SAP S/4HANA Cloud Extensibility Model
- C. The ABAP Cloud Development Model
Answer: C
Explanation:
Managing Clean Core
NEW QUESTION # 59
You carry forward balances for your company code and leading ledger to the new fiscal year 2024 and you get an error message related to asset accounting.
What single action can resolve the error?
- A. Run "Calculate Depreciation" (transaction AFAR) for fiscal year 2024.
- B. Post revaluation and new valuation (transaction AR29N) for fiscal year 2023.
- C. Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2022.
- D. Post all depreciation (transaction AFAB) for the fiscal year 2023.
Answer: C
Explanation:
Asset Accounting Configuration in SAP S/4HANA
NEW QUESTION # 60
Which of the following components are obsolete and require migration activities during a standard conversion to SAP S/4HANA?Note: There are 3 correct answersto this question.
- A. Classic Credit Management
- B. Cash Management
- C. Accrual Engine
- D. Special Purpose Ledger
- E. Costing-based CO-PA
Answer: A,D,E
NEW QUESTION # 61
You post a payment to a supplier invoice. In the universal journal table, you see that more line items are created than were visible in the document entry view. Which configuration may have caused the additional line items? Note: There are 2 correct answers to this question.
- A. Zero balance indicator for profit center
- B. A non-leading ledger
- C. An extension ledger
- D. The summarization in ACDOCA
Answer: C,D
NEW QUESTION # 62
You post an asset acquisition with a purchase order. How is the asset acquisition value posted?
- A. Non-valuated acquisition is posted at goods receipt.
- B. Valuated acquisition is posted at invoice receipt.
- C. Non-valuated acquisition is posted at invoice receipt.
- D. Non-valuated acquisition is posted at service entry sheet.
Answer: C
Explanation:
Asset Accounting Configuration in SAP S/4HANA
NEW QUESTION # 63
A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order.What do you maintain in the G/L account master record to achieve this? Note: There are 2 correct answers to this question.
- A. Define the G/L account as an asset reconciliation account.
- B. Set the G/L account type to Primary Costs or Revenue.
- C. Enter value 90 in the cost element category field.
- D. Select the Record Account Assignment indicator.
Answer: A,D
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 64
......
A fully updated 2024 P-S4FIN-2023 Exam Dumps exam guide from training expert Exam4Labs: https://www.exam4labs.com/P-S4FIN-2023-practice-torrent.html