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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions (Q17-Q22):

NEW QUESTION # 17
Your company follows IFRS accounting principles needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".
What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.

• A. Profitability segments
• B. Business areas
• C. Segments
• D. Document splitting
• E. Profit centers

Answer: B,C,E

 

NEW QUESTION # 18
What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.

• A. The type of payment notice sent to a customer
• B. The document type of the payment
• C. The special G/L indicator for the down payment
• D. The exclusion of disputed residual items from credit limit checks
• E. The account where a residual item is posted

Answer: A,D,E

 

NEW QUESTION # 19
Which of the following can you use to explore released APIs?

• A. SAP Business Accelerator Hub
• B. SAP Integration Suite
• C. SAP Application Interface Framework

Answer: A

 

NEW QUESTION # 20
What can you achieve with the legacy data transfer in Asset Accounting via transaction AS91?

• A. Posting of take over values
• B. Setting the company code status for legacy data transfer
• C. Posting the summary write off in G/L
• D. Creation of master data

Answer: D

 

NEW QUESTION # 21
You run a financial statement report notice the net profit calculated is different than what you expect.
What could cause the issue? Note: There are 2 correct answers to this question.

• A. You selected account group assignment by balance for an account it is displayed as a liability.
• B. You have added an account to the liabilities node that belongs to the financial statement notes.
• C. You have added an account to the wrong node it is included in the assets section.
• D. You have accounts that you have not assigned in the financial statement version.

Answer: B,D

 

NEW QUESTION # 22
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