Q1.

You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different
values for the two different accounting principles.
How can you set this up in the system?
A. Define a valuation area and extension ledger to link with the new valuation area.
B. Define a valuation area and ledger group for two ledgers to link with the new valuation area.
C. Define a valuation area and two accounting principles with relevant links to ledgers.
D. Define two valuation methods and assign the accounting principles to the new valuation
method.

Q2. What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)?
Note: There are 3 correct answers to this question

A. Code line
B. Business scope
C. Data model
D. User experience
E. Upgrade intervals

Q3. You perform foreign currency valuation for open item of your supplier accounts. The valuations will
be used only for period end reposting and should then be reversed.
What account does the system use to post the valuation differences?
A. Adjustment account for foreign currency.
B. Supplier reconciliation GL account.
C. Individual supplier account with special GL indicator.
D. Statistical FOREX noted item account.

Q4. What can you control with the reason code in Accounts Receivable?
Note: There are 3 correct answers to the question
A. The type of payment notice sent to a customer.
B. The document type of the payment.
C. The special GL indicator for the down payment.
D. The account where a residual item is posted.
E. The exclusion of disputed residual item from credit limit checks.

Q5. To use the SAP Financial Closing cockpit, which steps are required?
A. Create task groups
B. Release task list
C. Define person responsible for tasks.
D. Create Template
E. Define task dependencies.
Q6. Which of the following should you consider when defining asset number range?
Note: There 2 are correct answers to the question
A. Assets number ranges are defined at chart of depreciation level.
B. Each asset class can have either an internal or external number range.
C. Asset number range are defined for asset classes and company code specific.
D. Each asset number range must be assigned to a unique asset class.

Q7. which of the following is a technical year end closing activity in SAP S/4HANA?
A. Foreign currency valuation must be posted.
B. Ledger balance must be carried forward.
C. Profit center carry-forward must be posted
D. Balance sheet adjustments must be posted.

Q8. Which date is used to determine the depreciation start date?

A. Document date
B. Posting date
C. Value date
D. System date

Q9. How does the system determine the correspondence type of a payment notice?
A. According to the tolerance group, as long as all the tolerance group carry the same
Correspondence type
B. According to the tolerance group, as long as all the reason codes carry the same
correspondence type
C. According to the reason code, as long as all the reason codes carry the same correspondence
type
D. According to the reason code, as long as all the tolerance group carry the same
correspondence type.

Q10. You assign currency type 40 to your company code in ledger 0L.
Which source currency types can you select?
There are 2 correct answers to the question
A. Controlling area currency
B. Company code currency
C. Document currency
D. Group currency
Q11. In customizing, at which level can you assign the print program to the correspondence type?
Note: There are 2 correct answers to the question.
A. At business partner level
B. At client level
C. At company code level
D. At system level

Q12. Besides using profit center, which option does General ledger accounting with document splitting
provide to assign a segment to the posting line?
Note: There are 2 correct answers to the question.
A. Configuration of the derivation logic with derivation sequence and steps
B. Standard account assignment using constants
C. BAdi implementation (FAGL_DERIVE_SEMENT)
D. Definition of validation rules

Q13. Which of the following statement best describe how customer down payments are integrated with
sales & Distribution (SD)?
A. A down payment request is created as an FI noted item, which automatically generates an SD
sales order.
B. A down payment request is created as an SD sales order, which is automatically posted in FI
as a noted item.
C. A down payment request is created as an SD billing document, which is automatically posted
in FI as a noted item.
D. A down payment request is created as an FI noted item, which automatically generates an SD
billing document.

Q14. For which account can you perform account clearing in SAP S/4HANA?
A. For any account that is managed on a line item basis.
B. For any GL account defined as reconciliation account.
D. For any balance sheet account.
E. For any account that is managed on an open item basis.

Q15. Which statement best describes extension ledgers in SAP S/4HANA?

There are 2 correct answers to the question
A. Multiple extension ledgers can point to the same underlying ledger.
B. Extension ledgers can have different currencies than the underlying ledger.
C. Extension ledgers can be assigned their own posting period variant.
D. Extension ledgers can be assigned their own fiscal year variant.
Q16. Which documents are needed to complete the 3-way match in procurement transactions?
There are 3 correct answers to the question
A. Purchase requisition
B. Purchase order
C. Material document
D. Good receipt
E. Invoice receipt

Q17. How does the system perform normal journal entry reversals?
A. It creates the inverse posting of a cleared document before resetting it.
B. It creates an inverse posting by increasing the transaction figures.
C. It creates a transfer posting by resetting the transaction figures.
D. It creates an inverse posting by resetting the transaction figures.

Q18. You post a purchase order. For which expenses does the system calculate accruals?
There are 2 correct answers to the question.
A. Fixed Asset Purchases
B. Insurance premiums
C. Raw material purchases.
D. Consulting services.

Q19. What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system
conversion from SAP ERP?
A. You want to use document splitting for the General Ledger.
B. You want to integrate the system to SAP Cloud platform.
C. You want to clean up your system and use SAP Best Practices.
D. You want to deploy SAP S/4HANA Cloud.