[Sep 02, 2023] P-S4FIN-2021 Dumps PDF and Test Engine Exam Questions - UpdateDumps
Verified P-S4FIN-2021 exam dumps Q&As with Correct 82 Questions and Answers
NEW QUESTION # 31
What can you do with SAP S/4HANA accrual management?
- A. Post and analyse accruals in all currencies defined for the general ledger
- B. Carry forward accruals to future years independent of the other ledger values
- C. Post planned accrual amounts in table ACDOCP and analyse them in reports
- D. Automatically calculate accruals for asset acquisitions with purchase orders
Answer: D
NEW QUESTION # 32
On which levels can you assign semantic tags to a financial statement version in SAP Fiori?Note: There are 3 correct answers to this question.
- A. Segment
- B. Business area
- C. G/L account
- D. Functional area
- E. Financial statement item
Answer: C,D,E
NEW QUESTION # 33
Which modules read and write line items of the universal journal (ACDOCA)? There are 2 correct answers to this question
- A. Account based Profitability-Analysis
- B. Costing-based profitability analysis
- C. Actual costing
- D. Cash Management
Answer: A,B
NEW QUESTION # 34
What system configuration in your customers current SAP ERP system will have a major effect on the duration and complexity of the system conversion to S/4HANA?
- A. The customers uses the accounts approach for parallel accounting.
- B. The system has document splitting activated for all company codes
- C. The system uses classic asset account to manage fixed assets
- D. The customer does NOT use business partners to manage customers and suppliers
Answer: C
NEW QUESTION # 35
You want to sell products from stock.
What do you need to maintain before you can analyse the cost of goods sold (COGS) subdivided By cost component in account-base (COPA).
NOTE: There are 2 correct answers to this question
- A. A settlement profile to control the settlement of cost portions
- B. An extension ledger with type" line items with technical numbers
- C. A cost splitting profile in general ledger accounting
- D. A collection of primary cost elements to receive the cost portions
Answer: C,D
NEW QUESTION # 36
How many digits for the amount field on the financial document line item level are supported in the universal journal?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 37
Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions? Note: There are 3 correct answers to this question.
- A. Cost element categories
- B. Value field
- C. Billing condition types
- D. G/L accounts
- E. Profit center
Answer: A,C,D
NEW QUESTION # 38
What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation?
- A. Post Goods Receipt for inbound Delivery
- B. Confirm Receipt of Goods
- C. Reconcile GR/IR accounts
- D. Business Reconciliation Report
Answer: C
NEW QUESTION # 39
In the standard delivery system, what is the maximum of components you can use for the primary
- A. 0
- B. 1
- C. 2
- D. 3
Answer: D
NEW QUESTION # 40
You are converting your system to SAP S/4HANA.Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?
- A. Depreciation areas for parallel currencies
- B. Insurance values in the asset master records
- C. Non-posting depreciation areas
- D. Year-end closing
Answer: B
NEW QUESTION # 41
Your customer upgraded a system to SAP S/4HANA for test reasons. During testing, you receive feedback from the business department that while opening and closing posting periods, the systems asks for a customizing request. What is the reason? Please choose the correct answer.
- A. The authorization to save the posting periods is missing
- B. This is a new feature in SAP S/4HANA as proof of change.
- C. The migration is NOT set to complete.
- D. The client role is set to test in the client maintenance.
Answer: D
NEW QUESTION # 42
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? Note: There are 2 correct answers to this question.
- A. You can assign each valuation to a separate ledger.
- B. You can assign additional valuations to separate accounts.
- C. You can assign additional valuations to the extension ledgers.
- D. You can assign profit center, group, and legal valuations to the same ledger.
Answer: A,D
NEW QUESTION # 43
Which of the following is a prerequisite to activate takeover values between depreciation areas?
- A. Takeover values are no longer supported in SAP S/4HANA.
- B. Takeover values are possible across all depreciation areas.
- C. Only one depreciation area per chart of depreciation is assigned 00.
- D. Depreciation areas must be assigned to the same accounting principles
Answer: B
NEW QUESTION # 44
What restriction apply when a new currency is introduced for productive company codes and ledgers? 2 correct answers
- A. Reconciliation for entities in asset accounting is not included
- B. Calculated values are NOT added to the ACDOCA
- C. New currency fields are NOT updated for existing data
- D. Archived data cannot be enriched with the new currency
Answer: A
NEW QUESTION # 45
What function of cash management allows you to create historical versions of cash flows? Please choose the correct answer.
- A. Reconcile cash flows
- B. Release cash flows
- C. Snapshot
- D. Cash pooling
Answer: C
NEW QUESTION # 46
With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger? Note:
There are 2 correct answers to this question.
- A. The material ledger uses the currencies defined in both the leading and non-leading ledgers.
- B. The material ledger with actual costing requires a periodic costing run to update inventory values.
- C. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.
- D. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.
Answer: B,D
NEW QUESTION # 47
You want to convert your system from an account solution into a ledger solution without a prior new G/ L migration project. Which scenario can be used? NOTE: There are 2 correct answers to this question.
- A. Selective data transition
- B. Central Finance
- C. System conversion (Brownfield)
- D. New Implementation (greenfield)
Answer: B,D
NEW QUESTION # 48
What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question.
- A. Incoming sales orders
- B. Standard cost of goods sold
- C. Actual revenue
- D. Actual cost of goods sold
Answer: C,D
NEW QUESTION # 49
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