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SAP test 1 to 80
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Title of test:
SAP test 1 to 80 Description: test sap hana tejas Author:
Creation Date: 22/08/2022 Category: Others Number of questions: 80 |
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Which closing activities are used in external reporting as per sap best practices ?
There are 2 correct answers to this question. Execute the plan cost center assessment cycle .
Perform Valuations of open items in foreign currency.
update product cost estimates.
Reclassify receivables and payables.
. Which of the following is technical year-end closing activity is sap s/ hana ? Ledger valances must be carried fordward. Accruals must be posted. Balancesheet adjustments must be posted foreign currency valuation must be posted . What do you define when you create a new document type? Note: There are 2 correct answers to this question. Number range for the document type Account types allowed for posting Reasons for reversal Posting keys for the document type . What configuration items do you need to set up to post a simple document? There are 2 correct answers to this question. Number range and document types must be maintained. Posting period variant must be created and assigned. Line item text templates must be maintained. Tax types and tax codes must be maintained. . Which of the following statements are valid for financial document number ranges? There are 3 correct answers to this question. All financial document number ranges can contain numbers and/or letters. Financial document number ranges defined at client level should NOT overlap. Financial document number ranges are defined at company code level. The same financial document number range can be assigned to several document types. Financial document number ranges must be defined for the year in which they are used. . what are the features of the accrual engine in SAP S/4 Hana? There are 2 correct answers to this question. complex posting with more than two line items are not possible. the FI reversals is not supported. all currencies of general ledger are supported. the fiscal year varient of the general ledger is supported . 'Which closing activities are performed for external reporting as per SAPbest practices? There are 2 correct answers to this question. Regroup Receivables and payables on the balancesheet. Update product cost estimate with standard prices Run pla assessment cycles for profit centers perform valuation of open items in foregion currency. . Which requirements do you need to fulfill to use data aging for finance in the sap s/4 HANA system? (Select 3) switch on the data again busuness function Activate again on SAP HANA Activate data again your company code Define the logical file path as alobal path for data aging Add required authorization for data aging to your role . ' you post a purches order for which expenses does the system calculate accruals? (select 2) Consulting Services Raw material purcheses Fixed asset purcheses insure premiums . What is the purpose of period interval 3 when you define open and close periods ? Posting from Co and Fi posting to special purpose ledger posting to the extension ledger posting to special periods . What is the purpose of the recorganization of segment ? select 2 Enables segment reassignments Enables merge of segment Enables segment deletion Enables segment derivation . Your costomer performs pre-closing activities on the last day of the month. Which activities are typically executed during pre-closing ? process bad debt expenses for accounts receivables performs foregin currency valuation for accounts payables create the asset history sheet for asset acconting post recurring entries for the general ledger . you are running an international business and you want to set up separate legal entities to run operation and performs accounting activities. Which organizational unit do you need to create fpr each legal entity? Segment Company controlling Area Company code. You need to perform mid year legacy system migration for asset In a new company code. Which data must you migrate ? Select 3 Accumulation depreciation per cost center Current year posted depreciation closed year asset sale transection Current year asset aquisition transtions fully depreciated fixed aseet master records . What are the features of the accruals engine in sap S/4 HANA ? select 2 The fiscal year varient of the general ledger is supported All accruals calculations must be reviewed and approved before posting All currencies of the general ledger are supported Accrual postings with a maximum of two line items are supported . How does the system determine the correspondences type of a payment notice According to the reason code. As long as all the reason code carry the same correspondence type. according to the reason code. As long as all the tolerance group carry the same correspondance type according to the tolerance group . As long as all the tolerance group carry the same correspondence type According to the tolerance group . As long as all the reason code carry the same correpondence type. . On which levels do you maintain data for an integrated customer account? Note: There are 3 correct answers to this question. Profitability segment Purchasing organization Company code sales area General data at the client level . Which data can you edit in the payment proposal? Note: There are 3 correct answers to this question. Payment block Payee House Bank Cash discount Invoice amount . Your customer wants to use data aging for the universal journal. Which criteria can you use to decide which data is moved to the historical partition? Note: There are 2 correct answers to this question. Company code Ledger Account type Document type . You are a cash manager interested in the north american business market whats are the personalization options available to you in sap flori? you can create access to relevant apps for the north american accounts payable group that reports to you You can create a tile group with all the apps required for your daily businessfor easy access. you can adapt the launchpad color theme according to predefind values for the cash . You can create an app to take you directly to the cash position of the north american business market. . Which of the following activities does the system perform during the payment run? There are 3 correct answers to this question. The system exports a list of documents to be paid. The system makes postings to the G/L and AP/AR subledgers. The system clears open items. The system supplies the print programs with necessary data. . you need to use foregion currency valuation in the ledger solution . Which object must be define in customizing ? There are There are There are 3 correct answers to this question. value adjustment keys simulation ectension ledger Accounting principles Account determines valuation areas . Which of the following steps are parts of the process of configuring the payment program? There are 3 correct answers to this question. Configure the house banks Configure the paying company codes Configure the payment methods for each company code Configure the G/L account field status for document entry . What items are NOT cleared by the automatic clearing program? There are 3 correct answers to this question Items with withholding tax Noted items Items with value added tax Statistical postings Items with sales and use tax . which of the following steps do you typically perform when executing the payment run with the automatic payment program? select 2 Define maximum amount to be paid pers supplier Rang bank account for payment review the payment proposal exception list list maintain open item selection parameters . you need to define a new document type with specific document range to post customer invoice is via interface from a non SAP system how would you define the document number range? you have to use internal number assignment you have to use external number assignment you have to use continuous number assignment you can use internal external or continuous number assignment . Which attributes should you consider when defining asset number ranges? There are 2 correct answers to this question. Each asset class can have either an internal or external number range. Asset number ranges are defined for asset classes and are company code specific. Asset number ranges are defined at chart of depreciation level. Each asset number range has to be assigned to a unique asset class. . what are the maintenance levels of screen layout rules for asset Master Data select 3 asset sub number main asset data group asset depretiation area asset class. what is the purpose of the chart of depreciation the chart of depreciation is a reporting tool that structures your asset off hierarchical reporting the chart of depreciation defines the asset class for which you can create fixed asset the chart of depreciation manage country specific legal valuation of fixed asset the chart of depreciation substitute the operational chart of account in asset related posting . which date is used to determine the depreciation start date? asset value date document date posting date baseline date. Which of the following original Management Accounting objects can you assign in the asset master record? There are 3 correct answers to this question. Cost element Activity type cost center order. You use the ledger approach for parallel accounting in Asset Accounting. for leading valuation and depreciation area 32 is assigned to the non-leading ledger for parallel valuation. Depreciation area 01 is assigned to the leading ledger for an area 01 is assigned to the leading ledger What posting option should you choose for depreciation area 32? Area Does Not Post Area Posts Depreciation Only Area Posts in Real Time Area Posts APC Immediately, Depreciation Periodically . Which statements best describe a chart of depreciation? There are 2 correct answers to this question. A chart of depreciation contains multiple depreciation areas with a provision for addition and deletion of depreciation areas. A chart of depreciation is a country-specific object that is delivered with SAP S/4HANA. A chart of depreciation is mandated by a country's statutory requirement and should be adopted as is. A chart of depreciation is company-code-specific; therefore, two company codes CANNOT use the same chart of depreciation. . You are configuring depreciation areas in Asset Accounting. Which of the following settings is NOT permitted? Please choose the correct answer. Area does not post Area posts depreciation only Area posts revaluation only Area posts in real time . Your customer wants the values for a special group of assets to be shown separately in the general ledger. Which objects do you create in Customizing for Asset Accounting? Select 2 Depreciation area Asset Class Financial statement version Account determination key . In Asset Accounting, which object do you use to handle separate valuation for parallel accounting? Depreciation key Chart of depreciation Valuation area Depreciation area . In your SAP S/4HANA system, you report financial values for three separate accounting principles. Y If you use the application to post integrated asset acquisitions, how many documents will the system post? ou post an acquisition for an asset that is capitalized in a single accounting principle. 2 4 1 3. Which of the following control data is carried by asset classes? There are 3 correct answers to this question. Insurance type Number range interval Screen layout Account determination . How do you identify an asset as an asset under construction? Please choose the correct answer. The ordinary depreciation start date is empty. The asset is assigned to NO depreciation area. The asset belongs to a specific asset class. The asset capitalization date is empty. . You are asked to explain the assets under construction functionality in SAP S/4HANA. What should you highlight? There are 2 correct answers to this question. It is possible to calculate and post depreciation in the balance sheet depreciation area for assets under construction. It is possible to post special tax depreciation and investment support for assets under construction. It is impossible to use assets under construction with Investment Management. It is possible to post credit memos, even after assets under construction are fully capitalized. . How do you configure depreciation areas in SAP S/4HANA? There are 2 correct answers to this question. Assign depreciation area 01 to the leading ledger. Assign a ledger group to each depreciation area. Ensure each accounting principle is assigned to a depreciation area. Ensure depreciation areas always post to the general ledger. . which element define the integration of asset acquisitions to the general ledger? Select 2 Depreciation area Depreciation Keys valuation area aseet class. which steps are required to create a substitution in financial accounting? Select 3 activate the substitution rule Assign the substitution rule to the controlling area define the substitution rule with its different steps using the formula editor choose the area of application GL . you are responsible for implementing asset accounting you are provided with Legacy data of various asset and their grouping information based on category life and depreciation terms what configuration step would you initiate to maintain these categories in SAP S4 Hana Define asset claases and maintain their attributes. copy the chart of depreciation and maintain depreciation areas. configure depreciation keys and calculation keys define general ledger accounts per each category of legacy asset . in your SAP S4 Hana system you report financial values of three separate accounting principle you post and acquisition for an asset that is a capitalised in a single accounting principle if you use the application to post integrated asset acquisition how many documents will the system post 2 3 1 4. your customer wants the value for a special group of asset to be shown separately in the general ledger. Which object do you create in customizing for asset accounting ? Select 2 Depreciation area Account determination key financial statement version Asset class. What is the difference between the ledger approch and the accounts approch to parallel valuation in asset accounting ? In the accounts approch, you assign a completely separate set of account for each accounting principle, unlike the ledger approch. In the ledger approach, you assign a ledger group to every depreciation area , unlike the accounts approch. In the ledger approch , you maintain additional depreciation areas to post the delta valuation of each accounting principle , unlike the accounts approach. In the accounts approch , you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach. . In the accounts approch , you define a technical clearing account for integrated asset acquisitions, unlike the ledger approach. Select 2 Cost center Functional area Fixed asset Profit center . You have been asked to set up house banks as part of the implementation. What information do you need? There are 3 correct answers to this question. Supplier account Company code Payment method Bank master data General ledger account . "What are the characteristics of a company in SAP S/4HANA? Note: There are 2 correct answers to this question." It represents separate areas of operation within an organization. It is considered for consolidation. It can be assigned to a company code. It is responsible for costs and revenues within an organization. . What account types can you use to classify general ledger accounts in SAP S/4HANA? There are 3 correct answers to this question. Reconciliation accounts Secondary costs Non-operating expense or income Balance sheet Field status group . What do you define in payment terms? Note: There are 2 correct answers to this question. Cash discount Due date specification Posting key Tolerance days. Identify some of the checks for archiving G/L accounts (master data). There are 3 correct answers to this question. Are there (still) documents? Has a deletion indicator been set? Is the fiscal year closed? Are there (still) transaction figures (for example, have they already been archived)? . Are there (still) transaction figures (for example, have they already been archived)? Select 2 Document type G/L account Account group Posting key . What happens to the transaction figures when you post a normal reversal posting? They are reset. They are deleted They are cleared. They are increased . Which parameters can you specify when you create a new correspondence type? There are 3 correct answers to this question. Company code required Document number required Reason code required Account required Number of date fields required . Which statements best describe a profit center? There are 2 correct answers to this question. It is the only object from which segments can be uniformly derived. It has to be used simultaneously with segments to create separate balance sheet and P&L statements. It is an element for which separate balance sheet and P&L statements can be created. It is the only object that can be uniformly derived using segments. . For which type of account is the line item display generally active? Reconciliation account Special general ledger account Customer account Vendor account . Which of the following are the steps of Intercompany reconciliation? There are 3 correct answers to this question. Manual reconciliation and communication Automatic assignment of documents Automatic presentation of reconciled and non-reconciled data Document selection and data storage . Which statement best describes the normal reversals functionality? Please choose the correct answer Executes the inverse posting of a cleared document before resetting it. Executes a transfer posting by resetting the transaction figures. Executes an inverse posting by resetting the transaction figures. Executes an inverse posting by increasing the transaction figures. . What is the recommended organizational unit for cost-of-sales accounting? Please choose the correct answer Functional area Business area Sales area Controlling area . What are the characteristics of a company in SAP S/4HANA? There are 2 correct answers to this question. It is responsible for costs and revenues within an organization. It is considered for consolidation. It represents separate areas of operation within an organization. It can be assigned to a company code. . When can you set the open item management indicator in a general ledger account? There are 2 correct answers to this question. When an account is set up as a cost element When an account is required for clearing When an account has a zero balance When an account is used as a reconciliation account . What do you define in payment terms? Note: There are 2 correct answers to this question. Cash discount Due date specification Posting key Tolerance days . You want to define a validation for the combination of general ledger account and cost center. For which call-up point do you define this validation? Please choose the correct answer. Document line Cost of sales accounting Complete document Document header . Which of the following information is entered in the chart of accounts segment of a G/L account? There are 3 correct answers to this question. Consolidation fields Account number Control fields Currency fields. Which steps are required to create a substitution in Financial Accounting? There are 3 correct answers to this question Choose the area of application GL. Define the substitution rule with its different steps using the formula editor. Assign the substitution rule to the controlling area. Activate the substitution rule. Select the correct call-up point. . What are the results when you post an outgoing partial payment? Note_ There are 2 correct answers to this question. The initial invoice remains open. A payment is created with reference to the invoice. The initial invoice is cleared. A payment block is set on the invoice. . With the automatic clearing program, a user can clear open items for which of the following items? There are 2 correct answers to this question. Currency Subledger accounts Special general ledger indicator General ledger . For which activities can you use an extension ledger? Note: There are 2 correct answers to this question. Adjustments for consolidation purposes Parallel valuation of depreciation areas Configuration of custom fields for financial statements Simulation of foreign currency valuation . Which statements best describe extension ledgers in SAP S/4HANA? There are 2 correct answers to this question. Extension ledgers can be assigned their own fiscal year variant. Extension ledgers can have different currencies than the underlying ledger. Extension ledgers can be assigned their own posting period variant. Multiple extension ledgers can point to the same underlying ledger. . On which levels can you activate document splitting? Note: There are 2 correct answers to this question. Client level Ledger level Document type level Company code level . You are responsible for configuring document splitting. What are some of the key settings? There are 2 correct answers to this question. Business transaction variant Document number range Document type Field status variant . What object determines the number range for business partner master data? Business partner type Business partner role Business partner category Business partner grouping . A document has several line items, with different reason codes entered. For the automatic payment, which correspondence type does the system choose? Choose the correct answer. The one assigned to the tolerance group The one in the line item with the largest amount The one in the first line item The system prompts for the user to assign one . Which fields of a financial accounting document influence the automatic payment program? There are 3 correct answers to this question. Payment type Payment term Payment method Payment advice Payment block. In your system, you currently perform manual outgoing payments and you want to use the automatic payment program. Which settings must you maintain as part of the configuration of the automatic payment program? There are 2 correct answers to this question. Special G/L indicators Payment terms Bank determination Paying company codes . Which parameter indicates that a line item can only be dunned with restrictions? Please choose the correct answer. Dunning key Dunning grouping Dunning area Dunning block reason . The dunning run is made up of three main steps that happen in a particular sequence. What is the correct sequence of steps? There are 3 correct answers to this question. Item Selection Account selection Dun line items Dun account . You want to edit a dunning proposal. Which actions can you perform to edit a dunning proposal? There are 3 correct answers to this question. Change the dunning data of an account. Block a line item. Lower the dunning level of an item. Block an account. Change a document. . |
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