This page was exported from IT Certification Exam Braindumps [ http://blog.braindumpsit.com ] Export date:Sat Apr 5 9:44:31 2025 / +0000 GMT ___________________________________________________ Title: [Feb 03, 2023] P_S4FIN_2020 Exam Dumps - Try Best P_S4FIN_2020 Exam Questions - BraindumpsIT [Q28-Q51] --------------------------------------------------- [Feb 03, 2023] P_S4FIN_2020 Exam Dumps - Try Best P_S4FIN_2020 Exam Questions - BraindumpsIT Verified P_S4FIN_2020 exam dumps Q&As with Correct 82 Questions and Answers SAP S/4HANA Financials Professional Certification Exam Details: LevelAssociateReference BooksS4F01 (SAP S/4HANA 2020)S4F02 (SAP S/4HANA 2020)S4F03 (SAP S/4HANA 2020)S4F01 (SAP S/4HANA 1909)S4F02 (SAP S/4HANA 1909)S4F03 (SAP S/4HANA 1909)Exam NameSAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance ExpertsSAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909)Schedule ExamSAP TrainingPassing ScoreP_S4FIN_2020 - 60%P_S4FIN_1909 - 61% SAP S/4HANA Financials Professional Certification Exam Topics: Topic AreasTopic Details, Courses, BooksWeightingSystem Preparation and Configuration for Conversion of Financials in SAP S/4HANARun pre-conversion tests, perform customer-vendor integration, customize FI (including asset accounting) and CO for conversion S4F03 (SAP S/4HANA 2020)> 12%Financial Accounting Configuration in SAP S/4HANADescribe the new master data maintenance model and explain the changes to authorizations. Describe the enhancement to Ledgers with the Universal Journal; customize and use the Extension Ledger functionality; configure and Use Document Splitting; post documents to Financial Accounting; perform closing operations, and explain Financial Accounting integration. S4F01 (SAP S/4HANA 2020)> 12%Architecture Overview of Financials in SAP S/4HANADescribe the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture, and analyse the Universal Journal Entry; outline the Simple Finance Solution. S4F01 (SAP S/4HANA 2020)S4F02 (SAP S/4HANA 2020)> 12%Basics of SAP HANA, SAP S/4HANA and SAP FioriExplain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy. S4F03 (SAP S/4HANA 2020)< 8%Conversion and Post-conversion Activities for Financials in SAP S/4HANAPrepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities. S4F03 (SAP S/4HANA 2020)> 12%Management Accounting Configuration in SAP S/4HANAPerform customizing for Management Accounting integration, configure and use the Material Ledger, explain integration of CO with materials management and integration of CO with sales and distribution, configure and use Profitability Analysis, and perform planning and budgeting for Management Accounting and period-end closing for Management Accounting. S4F02 (SAP S/4HANA 2020)> 12%   QUESTION 28In 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 29What 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 30You 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 31Your 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?  5  4  2  3 QUESTION 32After 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 33Which 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 34You 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 35Your 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 36In 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?  2  4  3  1 QUESTION 37A 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 38What 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 39Which information will be migrated automatically during an SAP S/4HANA finance migration? There are3 correct answers to this question.  Business partners customizing  Account balances  General ledger customizing  Material ledger customizing  Authorizations QUESTION 40In 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 41Which 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 42In 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 43What 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 44What 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 45Which 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 46What 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 47After 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 48You 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 49What 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 50During 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 51For 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  Loading … SAP P_S4FIN_2020 Test Engine PDF - All Free Dumps: https://www.braindumpsit.com/P_S4FIN_2020_real-exam.html --------------------------------------------------- Images: https://blog.braindumpsit.com/wp-content/plugins/watu/loading.gif https://blog.braindumpsit.com/wp-content/plugins/watu/loading.gif --------------------------------------------------- --------------------------------------------------- Post date: 2023-02-03 12:13:09 Post date GMT: 2023-02-03 12:13:09 Post modified date: 2023-02-03 12:13:09 Post modified date GMT: 2023-02-03 12:13:09