C_ssf_1503 - sap simple finance on premise edition 1503

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Title of test:
C_ssf_1503 - sap simple finance on premise edition 1503

Description:
SAP Simple Finance On Premise Edition 1503

Author:
Luís Nacamoto
(Other tests from this author)

Creation Date:
20/04/2017

Category:
Others
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Content:
What is a new feature in the universal journal architecture? It offers multiple BI extractors for enhanced reporting It can be extended by adding CO-PA characteristics It aggregates data efficiently for real-time access It replaces the Financials tables with smaller tables.
Which components of SAP Simple Finance, on-premise edition 1503 store entries in the universal journal? Note: There are 2 correct answers to this question. Overhead Cost Accounting Asset Accounting Costing-Based Profitability Analysis Classic Profit Center Accounting.
Your customer is currently using SAP ERP ECC 6.0 without SAP HANA. What do you need to do to migrate to SAP S/4 HANA on-premise edition? Note: There are 3 correct answers to this question. Install the SAP Business Suite on SAP HANA. Deploy the exchange innovation Configure a front-end system for SAP Fiori Upgrade the existing database to SAP HANA Upgrade the SAP ECC system to latest Enhancement Pack.
Your customer using the classic general ledger (G/L) wants to use the new Asset Accounting. Why would you recommend SAP Simple Finance instead of the new G/L? You do NOT need to create and use extra ledger groups. You do NOT need to migrate your assets to the upgraded system. You will have real-time updates of APC values for all accounting principles. You do NOT have to disrupt your existing parallel accounting logic.
After the upgrade to SAP Simple Finance, a controller cannot create a secondary cost element. For which of the following must you provide create or change authorizations? G/L accounts Cost element groups Cost element master data G/L account sets.
Which of the following period end closing activities are optimized in SAP Simple Finance, on-premise edition 1503? Note: There are 3 correct answers to this question. Internal order settlement Work In Process calculation of actual costs Periodic activity allocation Distribution in cost center accounting Results analysis for sales orders.
You want to install Integrated Business Planning for Finance. What are the prerequisites? Note: There are 2 correct answers to this question. SAP HANA 1.0 platform SAP NetWeaver 7.40 SAP Fiori 2.0 SAP Smart Business 2.0.
When is the latest point that you can execute the SAP Simple Finance migration step 'Fill Due Dates in FI Documents'? Before setting migration to completed Before running any open item reports Directly after setting migration to completed Before releasing the system to production.
In which CO transactions can you manually enter a document type while you post the document in SAP Simple Finance, on-premise edition 1503? Note: There are 2 correct answers to this question. Activity Allocation Repost Line Items Actual Assessment Manual Reposting of Costs.
Which activities do you execute in the system preparation phase? Customize the General Ledger, Asset Accounting and Controlling for the migration. Perform the Asset Accounting pre-checks and check for data inconsistencies in Financial Accounting. Migrate cost elements, line items and balances. Install SAP Simple Finance, on-premise edition 1503, SAP HANA Live and SAP Fiori.
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