2023 Valid P_S4FIN_2021 test answers & SAP Exam PDF
Free SAP P_S4FIN_2021 Exam Questions and Answer from Training Expert Actual4Labs
NEW QUESTION # 46
What are the improvements to new cash pooling? There are 2 correct answers to this question.
- A. Different payment methods for payment requests can be specified in different paying company codes.
- B. The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.
- C. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made
- D. The balance before concentration and the simulated balance after the concentration can be compared.
Answer: B,D
NEW QUESTION # 47
The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as. Which ledgers are listed in the universal journal entry line items after you enter an incoming ivocie?
- A. Extension ledger C
Standard ledger A - B. Standard ledger A
Extension ledger C - C. Extension ledger C
Standard ledger B - D. Standard ledger B
- E. Standard ledger A
Standard ledger B
Answer: E
NEW QUESTION # 48
In the standard delivery system, what isthe maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of goods sold?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 49
You want to set up a multi-level gross margin report in profitability analysis (CO-PA). What do you customize to reopen the fixed and variable values separately? 2 correct questions
- A. Account-based CO-PA: no specific customizing is necessary
- B. Costing-based CO-PA: assign different value fields (assignment of different value fields in necessary)
- C. Account-based CO-PA:assign different accounts(assignment of different accounts is necessary)
- D. Costing-based CO-PA: no specific customizing is necessary
Answer: B,C
NEW QUESTION # 50
What do you manage within cash operations of SAP Cash Management? Note: There are 2 correct answers to this question.
- A. Credit limits for customer accounts
- B. Hedging and hedging contracts
- C. Daily cash position, deficits, and surpluses
- D. Bank risk analysis and risk mitigation
Answer: C,D
NEW QUESTION # 51
You are converting your system to SAP S/4HANA.
Which functionality became obsolete in SAP S/4HANA in asset accounting and needs to be
- A. segment and profit centre reporting
- B. insurance values in the asset master record
- C. year-end closing
- D. non-posting depreciation areas
Answer: D
NEW QUESTION # 52
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?
- A. Post revaluation and new valuation (transaction AR29N) forfiscal year 2021.
- B. Post all depreciation (transaction AFAB) for the fiscal year 2021
- C. Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2020.
- D. Run "Calculate Depreciation" (transaction AFAR) forfiscal year 2022.
Answer: C
NEW QUESTION # 53
You perform a direct activity allocation. Which database tables are updated? Note: There are 2 correct answers to this question
- A. BSEG
- B. COBK
- C. COSS
- D. ACDOCA
Answer: B,D
NEW QUESTION # 54
Which processes create an artificial controlling document? 2 correct answers
- A. Assessment from cost center to account based profitability analysis
- B. Internal activity allocation to sales order
- C. FI posting of primary costs to production order
- D. Stock material consumption on project
Answer: A,C
NEW QUESTION # 55
What can you do with SAP S/4HANA accrual management?
- A. Post planned accrual amounts in table ACDOCP and analyse them in reports
- B. Automatically calculate accruals for asset acquisitions with purchase orders
- C. Carry forward accruals to future years independent of the other ledger values
- D. Post and analyse accruals in all currencies defined for the general ledger
Answer: B
NEW QUESTION # 56
What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.
- A. Actual depreciations of all depreciation areas that are set to post depreciation periodically
- B. Acquisition and production cost values of all depreciation areas that are assigned to an accounting principle
- C. Acquisition and production cost values of all depreciation areas that are defined as real depreciation areas
- D. Actual depreciations of the controlling depreciation area used for management valuations
Answer: A,B
NEW QUESTION # 57
What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting?
- A. Parallel ledger
- B. An accounting principle
- C. Clearing account
- D. Ledger group
Answer: B
NEW QUESTION # 58
What is an advantage of selecting the multi-tenant edition of SAP S/4HANA Cloud instead of an On-premise SAP S/4HANA solution?
- A. Cloud platform compatibility
- B. Faster innovation cycles
- C. Support for all industries
- D. Fuller integration to external systems
Answer: B
NEW QUESTION # 59
Which values are stored in the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.
- A. Elimination of intercompany postings
- B. Transfer prices
- C. Actual costing results
- D. Parallel currencies
Answer: B,D
NEW QUESTION # 60
A customer wants to analyze a G/L account, which is presenting asset acquisition value, on an investment order. What do you maintain in the G/L account master record to achieve this? There are 2 correct answers to this question
- A. Set the G/L account type to Non-operating Expenses or income
- B. Define the G/L account as an asset reconciliation account
- C. Enter value 90in the cost element category field
- D. Select the Record Account Assignment indicator
Answer: B,D
NEW QUESTION # 61
Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?
- A. Payment methods
- B. Record types
- C. Memo records
- D. Payment terms
Answer: A
NEW QUESTION # 62
What models are required to support advanced planning for embedded BPC? There are 2 correct answers to this question.
- A. Exchange Rate model
- B. Consolidation model
- C. Source model
- D. Ownership model
Answer: A,C
NEW QUESTION # 63
The ACDOCA table has a 6-digit field for document line numbers. However, CO documents updating the COEP table are still limited to 999 lines. How does SAP S/4HANA handle large line item numbers when updating the CO documents?
- A. It creates a new document when there are more than 999 lines.
- B. It no longer assigns CO-specific document numbers.
- C. It outputs an error message when there are more than 999 lines.
- D. It creates a new document when there are more than 999.999 lines
Answer: A
NEW QUESTION # 64
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