Labour Day Special 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: exams65

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) Question and Answers

SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)

Last Update May 2, 2024
Total Questions : 80

We are offering FREE P_S4FIN_2021 SAP exam questions. All you do is to just go and sign up. Give your details, prepare P_S4FIN_2021 free exam questions and then go for complete pool of SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) test questions that will help you more.

P_S4FIN_2021 pdf

P_S4FIN_2021 PDF

$35  $99.99
 Add to Cart
P_S4FIN_2021 Engine

P_S4FIN_2021 Testing Engine

$42  $119.99
 Add to Cart
P_S4FIN_2021 PDF + Engine

P_S4FIN_2021 PDF + Testing Engine

$56  $159.99
 Add to Cart
Questions 1

You are converting yoursystem to SAP S/4HANA. In yoursystem, you have:Three company codes assigned to a single controlling area. Controlling area is assigned to fiscal year variant K4. Two company codes assigned to fiscal year variant K2. One company code assigned to variant K3.During conversion to SAP S/4HANA, what do you need to change?

Options:

A.  

Create a new fiscal year variant (for example Z4) and assign it to all company codes and the controlling area.

B.  

Change all company codes to fiscal year variant K4.

C.  

Change all company codes to fiscal year variant K2.

D.  

Change all company codes and the controlling area to fiscal year variant K2.

Discussion 0
Questions 2

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

Options:

A.  

Extension ledger

B.  

Tolerance profile

C.  

Statistical cost elements

D.  

Document type

Discussion 0
Questions 3

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?

Options:

A.  

Add the app to a group that is assigned to the Z_MANACC role

B.  

Assign the app directly to the Z_MANACC role and add the app to a group.

C.  

Assign the app directly to the Z_MANACC role and add the app to a catalog.

D.  

Add the app to a catalog that is assigned to the Z_MANACC role.

Discussion 0
Questions 4

Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this question.

Options:

A.  

Convert all accounts of parallel valuations to reconciliation accounts

B.  

Assign accounting principles to all real and derived depreciation areas.

C.  

Define the document type for the accounting-principle-specific documents.

D.  

Configure delta depreciation areas to no longer post to the general ledger

Discussion 0
Questions 5

What setting must be identical between the company code and controlling area?

Options:

A.  

The valuation variant key

B.  

The posting period variant key

C.  

The number of posting and special periods

D.  

The fiscal year variant key

Discussion 0
Questions 6

Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.

Options:

A.  

Implementation of real-time integration of controlling to financial accounting

B.  

Implementation of chart of accounts conversion

C.  

Implementation of an additional standard ledger for parallel accounting

D.  

Implementation of document splitting

Discussion 0
Questions 7

You create a G/L account and set the cost element category to 42 (assessment).In what table isthe cost element category updated?

Options:

A.  

SKB1

B.  

CSKA

C.  

SKA1

D.  

CSKB

Discussion 0
Questions 8

Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

Options:

A.  

Define depreciation areas for all currency types.

B.  

Activate enterprise extension EA-FIN.

C.  

Define a technical clearing account for integrated acquisitions

D.  

Assign accounting principles to all depreciation areas

E.  

Close all fiscal years except the current one.

Discussion 0
Questions 9

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.

Options:

A.  

Margin analysis: no specific customizing is necessary

B.  

Costing-based CO-PA: no specific customizing is necessary

C.  

Margin analysis: assign different accounts (assignment of different accounts is necessary)

D.  

Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)

Discussion 0
Questions 10

You run an assessment cycle for cost centers, but no postings are made because the posting period is NOT open. Against which period interval is the check being made?

Options:

A.  

First interval 3, then interval 2 if interval 3 is not maintained

B.  

First interval 3, then intervals 1&2 if interval 3 is not maintained

C.  

Only interval 3, no other intervals checked if interval 3 is not maintained

D.  

First interval 3, then interval 1 if interval 3 is not maintained

Discussion 0
Questions 11

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?

Options:

A.  

Define two valuation methods and assign the accounting principles to the new valuation methods

B.  

Define a valuation area and an accounting principle with relevant links to ledgers.

C.  

Define two valuation areas and two accounting principles with relevant links to ledgers.

D.  

Define a valuation area and ledger group for two ledgers to link with the new valuation area

Discussion 0
Questions 12

You carry forward balances for your company code and leading ledger to the new fiscal year 2022 and you get an error message related to asset accounting. What single action can resolve the error?

Options:

A.  

Post revaluation and new valuation (transaction AR29N) forfiscal year 2021.

B.  

Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2020.

C.  

Run "Calculate Depreciation" (transaction AFAR) forfiscal year 2022.

D.  

Post all depreciation (transaction AFAB) for the fiscal year 2021

Discussion 0
P_S4FIN_2021 Questions Answers | P_S4FIN_2021 Test Prep | SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021) Questions PDF | P_S4FIN_2021 Online Exam | P_S4FIN_2021 Practice Test | P_S4FIN_2021 PDF | P_S4FIN_2021 Test Questions | P_S4FIN_2021 Study Material | P_S4FIN_2021 Exam Preparation | P_S4FIN_2021 Valid Dumps | P_S4FIN_2021 Real Questions | SAP Certified Application Professional P_S4FIN_2021 Exam Questions