Free SAP P-S4FIN-2023 Test Practice Test Questions Exam Dumps [Q28-Q48]

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Free SAP P-S4FIN-2023 Test Practice Test Questions Exam Dumps

Prepare Top SAP P-S4FIN-2023 Exam Audio Study Guide Practice Questions Edition

SAP P-S4FIN-2023 Exam Syllabus Topics:

Topic	Details
Topic 1	Basics of SAP HANA, SAP S 4HANA and SAP Fiori: A brief overview of the SAP HANA Architecture, the S 4HANA solution, deployment, and the UI strategy with SAP Fiori are included here.
Topic 2	Managing Clean Core: This topic focuses on applying clean core principles to ERP for enhanced business process agility, reduced adaptation efforts, and accelerated innovation.
Topic 3	System Preparation and Configuration for Conversion of Financials in SAP S 4HANA: This topic covers pre-conversion tests, customer-vendor integration, and FI and CO customization, ensuring a smooth transition to SAP S 4HANA Financials.
Topic 4	Financial Accounting Configuration in SAP S 4HANA: The new master data model, ledger enhancements, document splitting, posting processes, closing operations, and integration are covered in this topic.
Topic 5	Conversion and Post-conversion Activities for Financials in SAP S 4HANA: Views, master data, transaction conversion, balance conversion, and post-conversion activities are covered here, detailing the steps to transform and adjust financial data.
Topic 6	Management Accounting Configuration in SAP S 4HANA: This topic encompasses Management Accounting integration, Material Ledger, Profitability Analysis, planning budgeting processes, and providing insights into configuring Management Accounting effectively.

NO.28 You maintain a launchpad for users who are assigned to the Z_MANACC role. What do you need to do to make an app available for the users?

Add the app to a group that is assigned to the Z_MANACC role

Assign the app directly to the Z_MANACC role and add the app to a group.

Assign the app directly to the Z_MANACC role and add the app to a catalog.

Add the app to a catalog that is assigned to the Z_MANACC role.

NO.29 You want to set up a multi-level gross margin report in profitability analysis (CO-PA).What do you customize to report the fixed and variable values separately?Note: There are 2 correct answers to this question.

Margin analysis: no specific customizing is necessary

Costing-based CO-PA: no specific customizing is necessary

Margin analysis: assign different accounts (assignment of different accounts is necessary)

Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)

NO.30 You maintain a launchpad for users who are assigned to the Z_MANACC role.
What do you need to do to make an app available for the users?

Add the app to a catalog that is assigned to the Z_MANACC role.

Assign the app directly to the Z_MANACC role and add the app to a catalog.

Add the app to a group that is assigned to the Z_MANACC role.

Assign the app directly to the Space assigned to the Z_MANACC role.

Basics of SAP HANA, SAP S/4HANA and SAP Fiori

NO.31 Which of the following is a prerequisite to activate takeover values between depreciation areas?

Takeover values are possible across all depreciation areas.

Only one depreciation area per chart of depreciation is assigned 00.

Depreciation areas must be assigned to the same accounting principles

Takeover values are no longer supported in SAP S/4HANA.

NO.32 Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.

Implementation of real-time integration of controlling to financial accounting

Implementation of chart of accounts conversion

Implementation of an additional standard ledger for parallel accounting

Implementation of document splitting

NO.33 In an on-premise SAP S/4HANA system, which of the following features is mandatory?

Registration for Indirect Taxes Abroad

Material ledger

Document splitting

Universal parallel accounting

Architecture Overview of Financials in SAP S/4HANA

NO.34 Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

Memo records

Payment methods

Record types

Payment terms

NO.35 What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

An accounting principle

A chart of depreciation

An alternative depreciation area

A ledger account determination key

Asset Accounting Configuration in SAP S/4HANA

NO.36 You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected? Note: There are 3 correct answers to this question.

Cost-based CO-PA can still be used in parallel.

Characteristics will be added to the universal journal.

Value fields will be added to the universal journal.

Historical data will be enriched with characteristics by derivation

Cost component split (COGS) can be configured in financial accounting.

NO.37 You carry forward balances for your company code and leading ledger to the new fiscal year 2024 and you get an error message related to asset accounting.
What single action can resolve the error?

Run the fiscal year change (transaction FAA_CMP) to close fiscal year 2022.

Run “Calculate Depreciation” (transaction AFAR) for fiscal year 2024.

Post all depreciation (transaction AFAB) for the fiscal year 2023.

Post revaluation and new valuation (transaction AR29N) for fiscal year 2023.

Asset Accounting Configuration in SAP S/4HANA

NO.38 You run an assessment cycle for cost centers, but no postings are made because the posting period is NOT open. Against which period interval is the check being made?

First interval 3, then interval 2 if interval 3 is not maintained

First interval 3, then intervals 1&2 if interval 3 is not maintained

Only interval 3, no other intervals checked if interval 3 is not maintained

First interval 3, then interval 1 if interval 3 is not maintained

NO.39 What is the maximum number of custom currency types that you can report on for a ledger?

Financial Accounting Configuration in SAP S/4HANA

NO.40 What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

A chart of depreciation

A ledger account determination key

An alternative depreciation area

An accounting principle

NO.41 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.

You can assign each valuation to a separate ledger.

You can assign additional valuations to separate accounts.

You can assign additional valuations to the extension ledgers.

You can assign profit center, group, and legal valuations to the same ledger.

NO.42 Your customer has created a custom ABAP report in an SAP ERP system based on totalstable GLTO.How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?

The table GLTO has been removed and replaced by a compatibility view.

The table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view.

The table GLTO has been kept but a compatibility view has been generated to read its content.

The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.

NO.43 Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

Assign accounting principles to all depreciation areas.

Activate enterprise extension EA-FIN.

Define a technical clearing account for integrated acquisitions.

Close all fiscal years except the current one.

Define depreciation areas for all currency types.

System Preparation and Configuration for Conversion of Financials in SAP S/4HANA

NO.44 Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

The financial statement version for both types of ledgers

The fiscal year variant for the standard ledger

The valuation view for the extension ledger

The posting period variant for the extension ledger

NO.45 At which level is the migration run for finance data performed?

Company code

Client

Operating concern

Controlling area

NO.46 Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? Note: There are 2 correct answers to this question.

Document type

Valuation area

Accounting principle

Currency type

Financial Accounting Configuration in SAP S/4HANA

NO.47 In your system you have multiple standard ledgers .Which values can be posted to a single ledger? Note: There are 3 correct answers to this question.

Accruals

Currency valuation

Taxes

Depreciation

Payments

NO.48 What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?

Assign 2 or more ledgers to 1 accounting principle

Assign 2 or more accounting principles to 1 valuation area

Assign 2 or more accounting principles to the non-leading ledger

Assign 2 or more accounting principles to the leading ledger

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