[Feb 03, 2023] P_S4FIN_2020 Exam Dumps - Try Best P_S4FIN_2020 Exam Questions - BraindumpsIT [Q28-Q51] : IT Certification Exam Braindumps : http://blog.braindumpsit.com

QUESTION 28
In your SAP S/4HANA system, When does a document posted in controlling become Visible in financial accounting?

When real-time integration is active for the company code

When FI account assignments (such as the segment) change

When document splitting is active for the company code

When any primary and secondary cost and revenue accounts are posted

QUESTION 29
What SAP Fiori app should be used to leverage the machine learning service for goods and invoice receipt reconciliation? Please choose the correct answer.

Business Reconciliation Report

Reconcile GR/IR Accounts

Confirm Receipt of Goods

Post Goods Receipt for inbound Delivery

QUESTION 30
You need to create a new user-defined characteristic in account based CO-PA and must ensure that is part of the universal journal entry. Which actions do you have to perform? Note: There are 2 correct answers to this question.

Activate the CO-PA append structure in ACDOCA.

Create the user-defined characteristic and add it to the operating concern.

Maintain the proper derivation rules in transaction KEDR.

Generate the operating concern.

QUESTION 31
Your customer’s company code is assigned to a chart of depreciation with three depreciation areas that post in real time. Last year, your customer acquired an asset that was only capitalized In two of the depredation areas this year you post an integrated asset sale to a customer for this asset. How many documents are generated during the sale posting?

QUESTION 32
After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the “Currency Is Only Available In Controlling” indicator. What might be the cause of this? Note: There are 2 correct answers to this question.

Before the migration, the company code did NOT have any parallel currencies defined.

Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.

Before the migration, the company code was NOT linked to a controlling area.

The controlling area linked to the company code was defined with currency type 20.

QUESTION 33
Which characteristics of the ACDOCP planning table distinguish it from most other SAP S/4HANA tables?
Note: There are 2 correct answers to this question.

ACDOCP is a table with delta mechanism.

ACDOCP is a cluster table.

ACDOCP derives data from ACDOCA.

ACDOCP is an isolated table.

QUESTION 34
You need to select the Apply Account Assignments Statistically in Fixed Asset Account/Material Account checkbox in a G/L account master record for an assert G/L account, but these field is currently, NOT available. What could be the reasons for this behavior? Note: There are 2 correct answers to this question.

The G/L account is NOT a reconciliation account type for assets.

The G/L account is NOT maintained in the account determination of fixed asset accounting.

The G/L account is NOT maintained in the account determination for real-time integration with CO.

The G/L account is NOT maintained in the account determination for materials management.

QUESTION 35
Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments. When preparing for integration, what do you have to create?

Create a BP role for each customer and vendor account group.

Create a BP type for each industry category in the customer/vendor accounts.

Create a BP grouping for each customer and vendor account group.

Create a BP category for each legal form maintained for customers/vendors.

QUESTION 36
In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separates accounting principles. You post an acquisition for an asset that is capitalized in a single accounting principle. If you use the application for posting integrated asset acquisitions, how many documents will the system post?

QUESTION 37
A customer is currently running SAP ERP and wants to transition to a new implementation of SAP S/4HANA 1809. Yea are required to provide them with a solution that enable them transition to SAP S/4 HANA Customer specific enhancements. Which of the following tools will help leverage the transition process?

Software Update Manager

SAP S/4HANA migration cockpit

SAP Readiness check for sap S/4 HANA

SAP Transformation navigator

QUESTION 38
What are the key components of the intelligent enterprise by SAP? There are 3 correct answers to this question

Intelligent Suite

Digital Platform

Seamless integration

Hybrid cloud

Intelligent Technologies

QUESTION 39
Which information will be migrated automatically during an SAP S/4HANA finance migration? There are
3 correct answers to this question.

Business partners customizing

Account balances

General ledger customizing

Material ledger customizing

Authorizations

QUESTION 40
In a first step, you create an account with account type “secondary cost element” and cost element category “42” in controlling area A000 and company code 1010.In a second step, you change this account to cost category “43” in company code 1750, which is assigned to the same controlling area.
What is the effect in the system when you save this account? Please choose the correct answer.

The cost element category is different in the two company codes

The user is asked which category will be used in the future

This system brings up an error message and rejects the change

The cost element category in the account is also changed for company code 1010.

QUESTION 41
Which of the following are key benefits of SAP S/4HANA? Note: There are 2 correct answers to this question.

Reduced footprint

Choice of deployment

Reduced throughput

Choice of database

QUESTION 42
In controlling. What is a mandatory customizing step when converting a system to SAP S/4HANA? Please choose the correct answer.

Activate Account-based CO-PA.

Create document type for CO postings.

Define profit center hierarchy.

Migrate the material ledger.

QUESTION 43
What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question.

Actual revenue

Standard cost of goods sold

Incoming sales orders

Actual cost of goods sold

QUESTION 44
What cost center planning process can write data directly to plan item table ACDOCP? Please choose the correct answer.

Manual planning of cost with workbook

Internal activity price calculation

Manual planning of statistical key figures

Formula planning with templates

QUESTION 45
Which processes create an artificial controlling document? There are 2 correct answer to this question.

Internal activity allocation to sales order

Assessment from cost center to account-based profitability analysis

Stock material consumption on project

FI posting of primary costs to production order.

QUESTION 46
What are the parameters to define different technical clearing accounts for integrated acquisition in new asset counting? There are 2 correct answer to this question.

Chart of accounts

Account determination

Chart of depreciation

Company code

QUESTION 47
After the migration to SAP S/4HANA 1809, you notice in the currency configuration of the company code that the global currency has the “Currency Is Only Available In Controlling” indicator. What might be the cause of this?

Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.

Before the migration, the company code was NOT linked to a controlling area.

The controlling area linked to the company code was defined with currency type 20.

Before the migration, the company code did NOT have any parallel currencies defined.

QUESTION 48
You want to post values of the incoming sales order to both account-based CO-PA and Costing based CO-PA.
What do you need to maintain?
NOTE: There are 3 correct answers to this question

Creative statistical cost elements for cost and revenues of incoming sales orders

Activate the transfer of incoming sales orders

Activate predictive accounting for incoming sales orders

Setup an extension ledger with type “line items with technical numbers”

Activate the indicator for incoming sales orders in the attributes view of the operating concerns

QUESTION 49
What setting must be identical between the company code and controlling area? Please choose the correct answer.

The number of postings and special periods

The fiscal year variant key

The number of special periods

The number of posting periods.

QUESTION 50
During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO? Please choose the correct answer.

Because the system displays an error if the sum of aggregated line items differs from the balance

Because all balances from the past years are stored in the universal journal

Because a delta between all line items and the balance of every account will be updated in the universal journal

Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account

QUESTION 51
For which functionality is a productive material ledger a prerequisite? There are 2 correct answer to this question.

Actual activity price determination

Parallel valuation for transfer pricing

Parallel currencies in the universal journal

Actual costing

[Feb 03, 2023] P_S4FIN_2020 Exam Dumps - Try Best P_S4FIN_2020 Exam Questions - BraindumpsIT [Q28-Q51]

SAP S/4HANA Financials Professional Certification Exam Details:

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