What kind of customization can users do on their launchpad?
There are 2 correct answers to this question. Change the names of tiles. Change the name of tile groups. Create their own tile groups. Change the icons on tiles.
During which actions does the system assign the document number for Financial Accounting?
There are 2 correct answers to this question. Park Hold Post Simulate.
In an asset main number in Asset Accounting, which information can be different between international GAAP and local GAAP?
There are 2 correct answers to this question. Capitalization date Net book value Asset class Deprecation start date.
How does the SAP HANA architecture improve SAP S/4HANA system performance?
Please choose the correct answer. SAP HANA uses a structured hierarchical data model with a multitude of lean prebuilt aggregated tables to write efficient code. SAP HANA makes extensive use of database indexes providing common access paths to data in order to improve access speed. SAP HANA allows you to build aggregate tables on top of aggregates and, in addition, special versions of the database tables to support special applications. SAP HANA organizes data in line item tables and can aggregate data from these line item tables at runtime.
You want to make the field "Reference document number" required for entry. Which object controls this setting?
Please choose the correct answer. Document type Document reference key Document field status Document posting key.
Which data sections are part of every asset class?
There are 2 correct answers to this question. Depreciation data section Master data section Account determination data section Valuation area data section.
Which SAP technological product provides the platform required for SAP to support the digital transformation of an organization?
Please choose the correct answer. SAP HANA SAP CRM SAP Fiori SAP NetWeaver.
Which currency types can you set in customizing activity "define setting for ledgers and currency type"?
There are 2 correct answers to this question. Material Ledger Currency Transaction Currency Local Currency Group Currency.
SAP HANA makes extensive use of which high-speed hardware technology to offer more speed?
Please choose the correct answer. Read-only memory Solid-State Drives (SSDs) Graphic Processing Units (GPUs) Multicore CPUs.
Which business scenarios can be handled with accrual and deferral postings?
Please choose the correct answer. One-time payment for fixing flooding damage Monthly rent payments for an office building One-time payment for one-year cloud storage service Monthly subscription to a financial newspaper.
A vendor is also a customer. The payment program has to clear the open items. Which setting has to be maintained for the business partner?
Please choose the correct answer. The account link The same payment method The alternative payer and payee The same bank details.
You need to enter a percentage rate in the terms of payment to calculate_____ Cash discount Credit amount Debit amount Invoice discount.
The SAP HANA database relies on which of the following technologies for storing data?
(There are three correct answers.) In-memory Aggregation Indexing Columnar store Compression.
Which of the following functions include the important functions of the SAP List Viewer tool?
(There are three correct answers.) Setting filters Defining print parameters Deleting and inserting columns Calculating totals and subtotals.
Data in the SAP HANA database is stored in which two ways?
(There are 2 correct answers.) Random Vector Column Row.
True or False: In an environment of systems using SAP HANA, you can perform both OLAP and OLTP processing without duplication of the data for the SAP BW and SAP ERP systems. True False.
Where is the billing document created? Financial Accounting Sales and Distribution Accounting Materials Management.
SAP HANA makes extensive use of which high-speed hardware technology to offer more speed?. Read-only memory Solid-State Drives (SSDs) Graphic Processing Units (GPUs) Multicore CPUs.
You want to quickly launch the balance sheet for the company code you are responsible for from the SAP Fiori launchpad.
What can you create to achieve this? Your own application tile Your own financial statement version Your own application group Your own application catalog.
True or False: SAP S/4HANA replaces SAP ERP, and development and support are shifted completely to it. True False.
Which of the following product lines does the SAP S/4HANA system rely on for most human resource management functions? Concur SAP Ariba SAP SuccessFactors SAP Hybris.
For general ledger account posting, which one of the following standard posting keys is for debit? 01 31 40 50.
What technology did SAP leverage to eliminate aggregate tables from the SAP S/4HANA system while maintaining compatibility with many legacy programs? Indices Data aging Columnar store Compatibility views.
What should you check if the balance of the GR/IR account is not zero at the purchase order item level on the balance sheet key date?
Choose the 2 correct answers. Check to see if the goods were invoiced by the key date, but have not yet been delivered. Check to see if the goods were ordered by the key date, but have not been received. Check to see if the goods were delivered by the key date, but have not yet been invoiced. Check to see if the goods were produced by the key date, but have not been invoiced.
True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also a matter of required scope. True False.
Identify the criteria that usually differentiate between document change rules.
Choose the 2 correct answers. Account type Asset class Open Items Company code.
Which is the most flexible SAP S/4HANA Cloud solution for customers? Private option Public option Hybrid option Community option.
Which of the following are the different history sheet groups that each version of asset history sheets can contain?
Choose the 3 correct answers. Book values at the end of the fiscal year Acquisitions Imputed interest Reposting.
True or False: The only version of the public cloud edition of SAP S/4HANA a customer can be on is the latest released version. True False.
Which of the following procedures are available to check the balance of receivables and payables in
Choose the 3 correct answers. Balance confirmation Balance notification Balance adjustment Balance request.
A user wants to add an application to his SAP Fiori home page but can’t find it in the App Finder. What does the admin have to do? Assign the corresponding SAP Fiori tile group to the user. Assign the corresponding SAP Fiori tile catalog to the user. Add the tile to a tile group already assigned to the user. Add the corresponding tile catalog to the tile group.
Identify the three types of tolerances in accounting.
Choose the 3 correct answers. Employee tolerance groups G/L account tolerance groups Customer/vendor tolerance groups Special account tolerance groups.
Where can an SAP Fiori end user change the theme of their launchpad? In the Me area of the launchpad In the Tile Catalog area of the launchpad designer In the Tile Group area of the launchpad designer In the UI theme designer.
The chief accounting officer wants the values for a special group of assets to be shown separately in the general ledger. Which objects do you need to create in Customizing for Asset Accounting to meet this requirement?
There are 2 correct answers to this question. A new depreciation area A new financial statement version A new asset class A new account determination key.
Which of the following statements are true?
There are 3 correct answers to this question. You can use a group chart of accounts for internal purposes. Accounts with a foreign currency as an account currency can be posted to any currency. The usage of a financial statement version for the group chart of accounts is optional. The "Only Balances in Local Currency" indicator is usually set in balance sheet accounts that are not managed in foreign currencies and not managed on an open item basis. The "Only Balances in Local Currency" indicator must not be set in reconciliation accounts for customers or vendors.
What do you define when you set up a depreciation area?
Please choose the correct answer. The company code in Asset Accounting The asset number ranges The posting to the general ledger The account determination.
A multinational enterprise acquires a company in a country which has local reporting requirements. The multinational enterprise wants to use one operational chart of account for all companies.
How can you fulfill this country-specific requirement ?
Please choose the correct answer. Create a country-specific chart of accounts and assign it to the group chart of accounts. Create a group chart of accounts and assign it to the company code. Create a country-specific chart of accounts and assign it to the company code. Create a country-specific chart of accounts and assign it to the regular chart of accounts.
Which objects can be assigned to an asset master record?
There are 3 correct answers to this question WBS element Profit center Cost center Internal order Profitability segment.
You want to reconcile the amounts you have in a main bank G/L account in your system with the daily bank statement. You create a single intermediate G/L bank account for each bank.
All transactions with the bank are posted through the intermediate account. Which of the following indicators do you have to activate in the G/L account characteristics of the intermediate account?
There are 2 correct answers to this question. Reconciliation account for account type Bank Open item management Post automatically only Line item display P&L statement account.
You entered a G/L account posting and received an error message which says that account type S is not allowed. Which object causes this error?
Please choose the correct answer. Field status variant Document type Posting key Currency key.
Identify the features of a Business Blueprint?
There are 5 correct answers to this question. Blueprint document Business groups Blueprint structure Business scenarios Business process groups Associated items.
SAP Solution Manager provides support throughout the life cycle of solutions - which common usage scenario is missing from the list of usage scenarios below?
(Implement SAP Solutions), (Monitor SAP Solutions), (Manage Service Desk), (Link to SAP Services), (Upgrade SAP Solutions)
Please choose the correct answer. Implement SAP Services Monitor Service Desk Link to Change Requests Manage Change Requests.
A customer wants to use segment reporting on balance sheet and P/L accounts. Which business function do you recommend?
Please choose the correct answer. New General Ledger Accounting Special Purpose Ledger Profit Center Accounting Profitability Analysis.
In which Customizing activity do you decide which special G/L transactions are to be paid automatically via the payment program?
Please choose the correct answer. Set Up Payment Methods per Country for Payment Transactions Set Up Payment Methods per Company Code for Payment Transactions Set Up Paying Company Codes for Payment Transactions Set Up All Company Codes for Payment Transactions.
For the creation of drill down reports, what objects do you need to define?
There are 3 correct answers to this question forms ABAP code Characteristics key figures validations.
Consider the following sentences, which of them are true?
1) A fiscal year has to be defined by means of separating business transactions into different periods.
2) Special periods are used for postings, which are related to the process of the year-end closing. In total, 16 special periods can be used.
3) The Fiscal Year variant only defines the amount of periods and their start and finish dates.
4) The Fiscal Year is defined as a variant, which is assigned to the chart of accounts.
Please choose the correct answer. 2 and 4 2 and 3 1 and 3 1 and 2 3 and 4.
Which of the following objects can you post to via the cash journal?
There are 2 correct answers to this question. Material master Accrual Engine Asset master One-time customer Customer.
How does SAP support impairment posting?
Please choose the correct answer. By using special depreciation keys By using Segment Reporting By using worklists By using new transaction codes for retirements.
In a customer master record, which key field for dunning is maintained on the client level?
Please choose the correct answer. Payment terms Dunning procedure Communication – language Payment method.
Fiscal year variant F! has six posting periods and fiscal year variant F2 has four posting periods. The posting periods have different start and end dates for each fiscal year.
Variant F1 is assigned to leading ledger (0L) and F2 assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-ledger ledger.
What causes this error message?
Please choose the correct answer.
Note: Answers of this question are not verified by our experts, please study yourself and select the appropriate answers.
Contribute: Please send the correct answers with reference text/link on firstname.lastname@example.org to get 50% cashback. Posting period for the non-leading ledger group ‘’N1’’ is closed The fiscal year variant of the non-leading ledger and the leading ledger are different. The posting period variant of the non-leading ledger and the leading ledger are different. The posting is being made in a special period, but both variants are examples of a shortened fiscal year.
How does the SAP ERP ECC 6.0 wih new G/L accounting support real-time CO-FI integration?
Please choose the correct answer. The controlling area can be configured wth one to one assignment to a company code Batch reconciliation postings are generated from the reconciliation ledger The universal journal provides a common database table for both CO and FI postings A separate posting period interval specifically for the CO-FI postings is provided.
Your customer's Accounting department informs you that the company issues checks. They need to easily differentiate payments made by check. How can you facilitate this requirement?
Please choose the correct answer. Customize a line item report that filters data according to the text field, and instruct users to enter the word "Check" in the field when entering such payments. Use the payment term for checks. Use the payment method for checks. Create an additional field in the coding block called Check.
What are the necessary elements required to create a customer-specific drilldown report for New General Ledger Accounting?
There are 2 correct answers to this question. Variables A report header Characteristics A form.
You are asked to set up the accounting structure to facilitate segment reporting based on the SAP standard segmentation scenario.
Which organizational unit can be used to derive the segment?
Please choose the correct answer. Company code Functional area Profit center Business area.
Which functions are provided by the Reclassify Payables/Receivables closing activity?
There are 2 correct answers to this question. Adjustment postings for changed reconciliation accounts Open item analysis for liquidity forecast Credit check and rating of open items Automatic correction of bad debits or credits Regrouping and sorting of payables and receivables.
What functions within Asset Accounting allow mass processing?
There are 2 correct answers to this question Mass asset changes Mass asset retirements Mass deletion of active assets with net book value zero Mass asset acquisitions.
How does the system behave when an invoice is processed as a residual payment?
Please choose the correct answer. The original document and payment are cleared The payment term of the original document is changed The payment document is posted as a down payment All documents remain in the account as open items.
You have entered a non-invoice-related credit memo and selected the term of payment "Net due 30 days". The Invoice Reference field is empty (it contains neither a document number nor a V).
What effect does this have on the term of payment ?
Please choose the correct answer. An error occurs. The term of payment is valid. The term of payment is copied from the last valid invoice of the customer. The term of payment is invalid.
Which object do you have to activate to maintain profit centers directly in Asset Accounting with all business functions for New General Ledger Accounting activated?
Please choose the correct answer. Segment Reporting Profit Center Update Scenario Profit Center Reorganization Segment Reorganization.
What is the correct order of steps to set up the Financial Closing Cockpit?
Please choose the correct answer. 1. Create tasks 2. Define dependencies 3.create template 4. Create task list 1 create template 2. Create tasks 3.create task list 4.define dependencies 1.create template 2. Create tasks 3. Define dependencies 4.create task list 1. Create tasks 2. Define dependencies 3. Create task list 4. Create template.
Whitin the line items of FI documents, what does the posting key control?
There are 3 correct answers to this question. The account group to which the line item can be posted The field status of additional details Whether the item is posted with reference to primary or secondary cost elements Whether the item is posted as a debit or credit The account type to which the line item can be posted.
To which of the following does an asset class apply?
Please choose the correct answer. To all company codes in a client To all company codes in an instance (client-independent) To all company codes within a client, which share the same chart of accounts To all company codes in a controlling area.
What is the disadvantage of using the group chart of accounts?
Please choose the correct answer. Because changes to existing G/L Accounts are effective as soon as they have been saved and
could have extensive consequences. Because the group chart of accounts must be assigned to each operational chart of accounts. Because you must enter the group account number in the chart of accounts segment of the operational account. Because accounts with the account currency as local currency can only be posted to this local currency. Because the company codes use different operational chart of accounts, you cannot carry out cross-company code controlling.
Which are the correct series of steps in the payment program?
Please choose the correct answer. Maintain parameters, Printing Payment Media, Proposal run, Execute a payment run CD. Maintain parameters, Proposal run, Execute a payment run, Printing Payment Media. Proposal run, Execute a payment run, Printing Payment Media, Maintain parameters CD. CD Maintain parameters, Proposal run, Printing Payment Media, Execute a payment run CD. Proposal run, Maintain parameters, Printing Payment Media, Execute a payment run CD.
In your leading ledger (ledger solution), balance sheets must be created for company codes and segments. Which Customizing settings do you need to make?
There are 2 correct answers to this question. Activate cost of sales accounting. Define a retained earnings account. Assign the Segment Reporting scenario to your lead Define two retained earnings accounts and assign them to your P&L accounts.
What needs to be maintained in Customizing to allow cross-company code transactions?
There are 3 correct answers to this question Posting authorizations Clearing accounts Field movement VAT accounts Posting keys.
Which of the following objects must you enter when posting an asset acquisition against a vendor?
There are 3 correct answers to this question. Document type Fixed asset balance sheet account Special G/L transaction Transaction type Asset master record.
A company sells products. Sometimes, when dealing with complaints, they need to issue a credit memo. Which accounts will be used to issue credit memos?
Please choose the correct answer. Receivables and expense account Payables and expense account Payables and revenue account Receivables and revenue account.
Instead of the classic system monitoring of individual system components with Solution Monitoring, entire business processes can be monitored as a whole across multiple components. Identify the components that define the concept of Solution Monitoring ?
There are 3 correct answers to this question. System Monitoring Service Level Management User Level management Business Process Monitoring Component Solution Monitoring.
On which level are asset classes created?
Please choose the correct answer. Client Company code Ledger Chart of depreciation.
Which parameters do you have to specify if you want to execute a payment run?
There are 2 correct answers to this question. Currency Bank account Company code Payment method.
Which of the following factors determine field status for vendors?
Please choose the correct answer. Account group, transaction, and company code Account group, transaction, and chart of accounts Account group, chart of accounts, and company code Transaction, chart of accounts, and company code.
Which infrastructure supports core business solutions in four subcomponents including people integration, information integration, process integration, and application platform ?
Please choose the correct answer. SAP Business Process Management SAP Exchange Infrastructure SAP Web AS SAP NetWeaver.
For which scenario can you use the cash journal?
Please choose the correct answer. To record documents that will not be included in the general ledger To manage cash in local branches and offices To post incoming and outgoing payments in any transaction currency To make remittances to vendors.
Customers using classic General Ledger Accounting can use RFBILAOO to create a financial statement at which organization levels?
There are 2 correct answers to this question. Business area level Segment level Company area level Client level.
Identify the reasons for archiving data.
There are 3 correct answers to this question. Improving response times and ensuring good response times. Lowering the effort involved in database administration. Using data as a backup. Reducing the system downtime when carrying out software upgrades, recoveries, and (offline) database backups.
Which dates can you use for tax calculation?
Note: There are 2 correct answers to this question. Due date Entry date Posting date Document date.
Which of the following logistic processes are involved in asset acquisition with materials management (MM)?
There are 3 correct answers to this question. Purchase order Inventory receipt Purchase requisition Goods receipt.
Which data model is used for SAP S/4HANA?
Online transactional processing (OLTP) for on-premise deployments and online analytical processing (OLAP)for Cloud deployments. Online transactional processing (OLTP) and online analytical processing (OLAP) each using data from separate tables. Online transactional processing (OLTP) and online analytical processing (OLAP) both running on a single system. Online analytical processing (OLAP) that is based on aggregated tables and indexes. .
Your customer wants to start using SAP S/4HANA line-of-business solutions. Which of these solutions help you run human resource management processes?
Note: There are 2 correct answers to this question. SAP Hybris. SAP Fieldglass SAP Concur SAP Success Factors .