Associate - SAP S/4HANA for Financial Accounting Associates - Full

SAP Certified Application Associate - SAP S/4HANA for

Financial Accounting Associates - Full
You got 68 of 80 possible points.
Your score was: 85 %
Question Results
Score 1 of 1
Question:

Which is the first step in the procedure of making down payments in the
customer area?
Please choose the correct answer.

Response:

Down payment received

Clearing

Down payment request

Customer invoice

Score 1 of 1
Question:

Which of the following statements best describe a noted item?

There are 2 correct answers to this question.

Response:

It can be accessed by the payment program.

It updates the subledger and the general ledger.

It can be used to remind the user about due payments.

It has an automatic statistical offsetting entry.

Score 1 of 1
Question:

You want to specify the financial statement version for asset reports in
Customizing. Where do you need to assign the financial statement version?
 Response:

To each depreciation area

To each accounting principle

To each company code

To each chart of depreciation

Score 1 of 1
Question:

Where do you indicate that the useful life of the asset sub-number is identical
to the useful life of the main asset?

Response:

In the account determination of the asset class

In the screen layout of the asset master record

In the screen layout of the depredation area

In the asset master record of the main asset

Score 1 of 1
Question:

What is the purpose of period interval 3 when you define open and closed
periods?
Please choose the correct answer.

Response:

It is used for the authorization object for posting periods.

It is used for special period posting.

It is used for period lock in special purpose ledger.

It is used for posting from CO to FI.

Score 1 of 1
Question:

Which items can you clear with the automatic clearing program?

Response:

Bank transaction items

Statistical postings

Noted items

Items with withholding tax entries

Score 0 of 1
Question:

Which of the following can you use for multiple programs with variants that are
to be processed automatically?
Please choose the correct answer.

Response:

Online transactions

Task list template

Remote tasks

Flow definition

Score 1 of 1
Question:

The managerial closing activities include locking the old accounting period.
Determine whether this statement is true or false.

Response:

False
 True

Score 1 of 1
Question:

How do you identify an asset as an asset under construction?

Please choose the correct answer.

Response:

The asset is assigned to NO depreciation area.

The ordinary depreciation start date is empty.

The asset belongs to a specific asset class.

The asset capitalization date is empty.

Score 1 of 1
Question:

Which entries do you define when maintaining a G/L account?

There are 3 correct answers to this question.

Response:

Account Type

Ledger assignment

Field status group

Profit center

Account group

Score 1 of 1
Question:

Which currency valuation program is replaced by FAGL_FCV?

Please choose the correct answer.

Response:
 FAGL_FC_VALUATION

SAPF100

FAGL_VALUATION

SAPF130K

Score 0 of 1
Question:

Which of the following parameters are controlled by the screen layout?

There are 3 correct answers to this question.

Response:

Number range

Reference

Field selection

Maintenance level

Score 1 of 1
Question:

Which data model is used for SAP S/4HANA?

Please choose the correct answer.

Response:

Online transactional processing (OLTP) for on-premise deployments and on

processing (OLAP) for Cloud deployments.

Online transactional processing (OLTP) and online analytical processing (OL

running on a single system.

Online analytical processing (OLAP) that is based on aggregated tables and

Online transactional processing (OLTP) and online analytical processing (OL

 data from separate tables.

Score 1 of 1
Question:

SAP HANA makes extensive use of which high-speed hardware technology to

offer more speed?
Please choose the correct answer.

Response:

Graphic Processing Units (GPUs)

Read-only memory

Solid-State Drives (SSDs)

Multicore CPUs

Score 1 of 1
Question:

Your customer wants to start using SAP S/4HANA line-of-business solutions.

Which of these solutions help you run human resource management processes?

Note: There are 2 correct answers to this question.

Response:

SAP Fieldglass

SAP Concur

SAP Success Factors

SAP Hybris

Score 0 of 1
Question:

Which activities are supported by the regrouping program of receivables and

payables?
Note: There are 2 correct answers to this question.

Response:
 Regrouping open items based on changed reconciliation accounts

Grouping receivables and payables by their remaining life

Regrouping and clearing open items for affiliated companies on customers

Regrouping of receivables and payables to accrual earnings or expense

Score 1 of 1
Question:

During the archiving procedure, if the application generates a specific log, it is

used; otherwise, you need to manually create a log. Determine whether this
statement is true or false.

Response:

False

True

Score 1 of 1
Question:

You want to configure the tax calculation procedures. What are the main
elements you need to define?
There are 3 correct answers to this question

Response:

Tax code

Country key

Condition type

Account or transaction key

Sequence of steps

Score 1 of 1
Question:
When you post a payment for an invoice, how does the system derive the
splitting characteristics?

Response:

Inheritance

Passive document splitting

Active document splitting

Default assignment

Score 0 of 1
Question:

You need to make the line item text field mandatory during document entry.
Which objects should you analyze to fulfill this request?

Note: There are 2 correct answers to this question.

Response:

Posting key

Document type

Account group

G/L account

Score 1 of 1
Question:

Which business scenarios can be handled with accrual and deferral postings?
Please choose the correct answer

Response:

Monthly subscription to a financial newspaper

One-time payment for fixing flooding damage

Monthly rent payments for an office building

 One-time payment for one-year cloud storage service

Score 1 of 1
Question:

Which of the following statements best describe how core data services (CDS)
are developed?
Please choose the correct answer.

Response:

They are developed in the SAP HANA database layer by the IT user.

They are developed in the ABAP layer of the SAP S/4HANA system by the A
user.

They are developed in the SAP HANA database layer by the Analytics key u

They are developed in the ABAP layer of the SAP S/4HANA system by the IT

Score 1 of 1
Question:

You need to enter a percentage rate in the terms of payment to calculate_____

Please choose the correct answer.

Response:

Credit amount

Debit amount

Invoice discount

Cash discount

Score 1 of 1
Question:

When you create multiple similar asset master records, which of the following
fields allow you to make separate entries for each individual asset?
There are 3 correct answers to this question.

Response:

Description of the asset

Cost center

Inventory number

License plate number

Score 1 of 1
Question:

True or False: Choosing between SAP S/4HANA and SAP S/4HANA Cloud is also
a matter of required scope.
Please choose the correct answer.

Response:

True

False

Score 1 of 1
Question:

The SAP HANA database relies on which of the following technologies for
storing data?
There are three correct answers

Response:

Indexing

In-memory

Columnar store

Aggregation

Compression
Score 1 of 1
Question:

How does the system behave when an invoice is processed as a residual

payment?

Response:

The original document and payment are cleared.

The payment difference is written off.

All documents remain in the account as open items.

The payment difference is posted to a different account

Score 1 of 1
Question:

For which of the following transactions can you use noted items?
Please choose the correct answer.

Response:

Vendor payment

Customer payment

Late payment

Down payment request

Score 1 of 1
Question:

You have to 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?

Please choose the correct answer.

Response:

Define a valuation area and ledger group for two ledgers to link with the ne
area.
 Define two valuation methods and assign the accounting principles to the n
methods.

Define two valuation areas and two accounting principles with relevant links

Define a valuation area and extension ledger to link with the new valuation

Score 1 of 1
Question:

Identify some of the checks for archiving G/L accounts (master data).
There are 3 correct answers to this question.

Response:

Is the fiscal year closed?

Has a deletion indicator been set?

Are there (still) transaction figures (for example, have they already been ar

Are there (still) documents?

Score 1 of 1
Question:

Which fields of a financial accounting document influence the automatic

payment program?
There are 3 correct answers to this question.

Response:

Payment term

Payment block

Payment method

Payment advice

Payment type
Score 1 of 1
Question:

Which of the following lists support the dunning clerk’s work?

There are 3 correct answers to this question.

Response:

The blocked accounts list

The dunning list

The list of vendor balances in local currency

The dunning history list

Score 1 of 1
Question:

Identify the reasons for archiving data.

There are 3 correct answers to this question.

Response:

Reducing the system downtime when carrying out software upgrades, recov
(offline) database backups.

Lowering the effort involved in database administration.

Using data as a backup.

Improving response times and ensuring good response times.

Score 1 of 1
Question:

Which of the following information is entered in the chart of accounts segment

of a G/L account?
There are 3 correct answers to this question.

Response:

Consolidation fields
 Currency fields

Control fields

Account number

Score 0 of 1
Question:

After you collect data in the Intercompany Reconciliation tool, what are the
next steps of the reconciliation process?
Please choose the correct answer.

Response:

1. Present reconciled and non-reconciled data

2. Post the correction documents.
3. Store the data.
4. Communicate differences.

1. Store the data.

2. Present reconciled and non-reconciled data.
3. Post the correction documents.
4. Communicate differences.

1. Store the data

2. Present reconciled and non-reconciled data
3. Communicate differences.
4. Post the correction documents.

1. Post the correction documents.

2. Store the data.
3. Present reconciled and non-reconciled data.
4. Communicate differences.

Score 0 of 1
Question:

Which of the following components make up an archiving object?

There are 3 correct answers to this question.

Response:

Customizing settings
 Variables

Programs

Data declaration part

Score 1 of 1
Question:

Your SAP S/4HANA system is integrated with controlling. You perform cost of
sales accounting, and you report your profit and loss per profit center.

When posting a supplier invoice to a primary cost account, which field is

mandatory by standard procedures?
Please choose the correct answer.

Response:

Segment

Functional Area

Business Area

Cost Center

Score 0 of 1
Question:

Which elements define the integration of asset acquisitions to the general

ledger?
There are 2 correct answers to this question

Response:

Asset class

Depreciation keys

Depreciation area

Valuation area

Score 1 of 1
Question:

What is the purpose of the chart of depreciation?

Please choose the correct answer.

Response:

The chart of depreciation facilitates country-specific legal valuation of fixed

The chart of depreciation defines the asset classes for which you can create

The chart of depreciation substitutes the operational chart of accounts in as

postings.

The chart of depreciation is a reporting tool that structures your assets for
reporting.

Score 1 of 1
Question:

Identify the steps performed during the general ledger closing operations for
the fiscal year.

There are 3 correct answers to this question.

Response:

The balance carry forward program is run.

Accruals are carried out.

Foreign currency documents are valuated.

Vendor invoices are posted.

Score 1 of 1
Question:

Which SAP technological product provides the platform required for SAP to
support the digital transformation of an organization?
Please choose the correct answer.

Response:

SAP NetWeaver
 SAP HANA

SAP Fiori

SAP CRM

Score 1 of 1
Question:

You have a debit amount of 50 and credit amount of 80 as balance on an

account. This account is assigned to the assets side in a financial statement
version, with the debit indicator and the credit.

How is this shown on the balance sheet?

Response:

50 is shown on the liabilities side and 80 is shown on the assets side.

The balance is shown on the assets side.

The balance is shown on the liabilities side.

0 is shown on the assets side and 30 is shown on the liabilities side.

Score 1 of 1
Question:

Which dates can you use for tax calculation?

Note: There are 2 correct answers to this question.

Response:

Entry date

Due date

Posting date

Document date

Score 1 of 1
Question:
For which type of account is the line item display generally active?
Please choose the correct answer.

Response:

Customer account

Vendor account

Reconciliation account

Special general ledger account

Score 1 of 1
Question:

In your SAP S/4HANA system, you report financial values for three separate
accounting principles. You post an acquisition for an asset that is capitalized in
a single accounting principle.

If you use the application to post integrated asset acquisitions, how many
documents will the system post?
Please choose the correct answer.

Response:

Score 1 of 1
Question:

What is the maximum dunning level that can be assigned to a dunning

procedure?
Choose the correct answer.

Response:

7
 9

11

Score 1 of 1
Question:

What should you check if the balance of the GR/IR account is not zero at the
purchase order item level on the balance sheet key date?

There are 2 correct answers to this question.

Response:

Check to see if the goods were ordered by the key date, but have not been

Check to see if the goods were invoiced by the key date, but have not yet b

Check to see if the goods were delivered by the key date, but have not yet

Check to see if the goods were produced by the key date, but have not bee

Score 1 of 1
Question:

How does the SAP HANA architecture improve SAP S/4HANA system
performance?
Please choose the correct answer

Response:

SAP HANA uses a structured hierarchical data model with a multitude of lea
aggregated tables to write efficient code.

SAP HANA allows you to build aggregate tables on top of aggregates and, in
special versions of the database tables to support special applications.

SAP HANA makes extensive use of database indexes providing common acc
data in order to improve access speed.

SAP HANA organizes data in line item tables and can aggregate data from t
 tables at runtime.

Score 1 of 1
Question:

What is the recommended field status setting for fields in the customer-vendor
account groups in the Financial Accounting customizing?

Response:

Optional

Display

Required

Hide

Score 1 of 1
Question:

What technology did SAP leverage to eliminate aggregate tables from the SAP
S/4HANA system while maintaining compatibility with many legacy programs?
Please choose the correct answer.

Response:

Data aging

Compatibility views

Columnar store

Indices

Score 1 of 1
Question:

What account types can you use to classify general ledger accounts in SAP
S/4HANA?
There are 3 correct answers to this question.

Response:
 Secondary costs

Field status group

Reconciliation accounts

Non-operating expense or income

Balance sheet

Score 0 of 1
Question:

What are the characteristics of a company in SAP S/4HANA?

There are 2 correct answers to this question.

Response:

It can be assigned to a company code.

It is responsible for costs and revenues within an organization.

It is considered for consolidation.

It represents separate areas of operation within an organization.

Score 1 of 1
Question:

You are configuring depreciation areas in Asset Accounting. Which of the

following settings is NOT permitted?
Please choose the correct answer.

Response:

Area posts revaluation only

Area posts in real time

Area posts depreciation only

 Area does not post

Score 0 of 1
Question:

Customers using classic General Ledger Accounting can use RFBILAOO to

create a financial statement at which organization levels?

There are 2 correct answers to this question.

Response:

Company area level

Segment level

Client level

Business area level

Score 1 of 1
Question:

Which data do you define on the bank master record?

Note: There are 2 correct answers to this question.

Response:

Payment and dunning information

Address data and control data

A unique bank country

Corresponding business area

Score 1 of 1
Question:

What checks does the year-end closing program (RAJABSOO) perform?

There are 2 correct answers to this question.

Response:

Last fiscal year has been updated.

 Assets are complete and error-free.

Depreciation and asset balances are posted in full.

Depreciation lists and the asset history sheet have been checked.

Score 1 of 1
Question:

What is the recommended organizational unit for cost-of-sales accounting?

Please choose the correct answer

Response:

Sales area

Business area

Functional area

Controlling area

Score 1 of 1
Question:

How many intervals are defined for the foreign currency valuation run ID per
client?
Please choose the correct answer.

Response:

Score 1 of 1
Question:

True or False: Anyone with an appropriate user name and password can log on
to the SAP Fiori launchpad through a web browser.

Response:

True

False

Score 0 of 1
Question:

When procurement transactions are posted, which of the following steps is

exclusively carried out in Materials Management?

Choose the correct answer.

Response:

Invoice receipt

Goods receipt

Creation of purchase order

Score 1 of 1
Question:

Which tasks are stages of dunning execution?

Note: There are 2 correct answers to this question.

Response:

Schedule the dunning intervals.

Schedule the dunning run.

Maintain the dunning levels

Maintain the dunning parameters.

Score 1 of 1
Question:
How does SAP S/4HANA reduce system complexity and improve system
efficiency?
There are 2 correct answers to this question.

Response:

By providing application code that deals with aggregates and indexes

By removing application code that deals with aggregates and indexes

By providing views of data at runtime from the same source tables

By removing views of data at runtime from the same source tables

Score 1 of 1
Question:

What are the features of the Accrual Engine in SAP S/4HANA?

There are 2 correct answers to this question.

Response:

The fiscal year variant of the general ledger is supported.

The FI reversal is NOT supported.

All currencies of general ledger are supported.

Complex postings with more than two line items are NOT possible.

Score 1 of 1
Question:

What do you define when you create a new document type?

Note: There are 2 correct answers to this question.

Response:

Posting keys for the document type

Account types allowed for posting

Reasons for reversal

 Number range for the document type

Score 1 of 1
Question:

Which parameter indicates that a line item can only be dunned with
restrictions?
Please choose the correct answer.

Response:

Dunning area

Dunning key

Dunning grouping

Dunning block reason

Score 0 of 1
Question:

What are some of the personalization options available to users in their SAP
Fiori launchpad environment?
There are 3 correct answers to this question.

Response:

Users can add applications for filtered report results.

Users can remove applications that they do NOT use.

Users can remove devices that they do NOT use.

Users can add applications from the catalog assigned to them.

Users can add new devices from the catalog assigned to them.

Score 1 of 1
Question:

Which sequence of steps allows a three-way match in procurement

transactions?
Please choose the correct answer.
 Response:

Purchase requisition, purchase order, goods receipt

Purchase order, invoice receipt, goods receipt

Purchase order, purchase requisition, invoice receipt

Purchase requisition, goods receipt, invoice receipt

Score 1 of 1
Question:

Which deployment options exist for SAP S4HANA?

Note: There are 3 correct answers to this question.

Response:

On-premise deployment

Cloud deployment

Agile deployment

Hybrid deployment

Central hub deployment

Score 1 of 1
Question:

Cleared items contain which of the following pieces of information?

There are 2 correct answers to this question.

Response:

Archival information

Clearing date

Clearing document number

 Due date

Score 1 of 1
Question:

The variant principle is used in SAP S/4HANA to assign particular properties to

one or more objects. How many steps does the variant principle have?

Please choose the correct answer.

Response:

Score 1 of 1
Question:

In Asset Accounting, which object do you use to handle separate valuation for
parallel accounting?

Response:

Valuation area

Depreciation area

Depreciation key

Chart of depreciation

Score 1 of 1
Question:

What is the first step in the reconciliation process?

Please choose the correct answer.

Response:
 Collect data from different companies

Present reconciled and non-reconciled data

Communicate differences

Score 1 of 1
Question:

What items are NOT cleared by the automatic clearing program?

There are 3 correct answers to this question

Response:

Items with withholding tax

Noted items

Items with value added tax

Items with sales and use tax

Statistical postings

Score 1 of 1
Question:

Identify the callup points that have been provided for Financial Accounting
(FI).
There are 3 correct answers to this question.

Response:

Controlling area

Document line

Organizational unit

Complete Document
 Document header

Score 1 of 1
Question:

What types of data are maintained for a house bank?

Note: There are 2 correct answers to this question.

Response:

General Ledger account

Data medium exchange (DME) details

Overdraft limit

payment signatories

Score 1 of 1
Question:

You can use Boolean logic to define different types of logical statements.
Determine whether this statement is true or false.

Response:

True

False

Score 1 of 1
Question:

What is the purpose of the reorganization of segments?

There are 2 correct answers to this question.

Response:

Enables segment reassignments.

Enables merge of segments.

Enables segment derivation.

 Enables segment deletion.

Score 1 of 1
Question:

You are creating an asset master record by copying another asset, and you
notice that the inventory number is copied over.

Which setting do you make to ensure the inventory number is NOT copied over
when you create a new asset via copy?
Please choose the correct answer.

Response:

Remove the subnumber indicator in screen layout maintenance.

Remove the reference indicator in screen layout maintenance.

Remove the main asset indicator in screen layout maintenance.

Remove the asset class indicator in screen layout maintenance.

Score 1 of 1
Question:

Financial statement versions consist of a maximum of 10 hierarchy levels.

Determine whether this statement is true or false.

Response:

False

True

Score 0 of 1
Question:

You forgot to add a new general ledger account into the financial statement
version. What impact does this have on the net profit and net loss?
Please choose the correct answer.

Response:

The balance of the new account is added to the notes in the financial statem
section and is included in the calculation.
The balance of the new account is added to the notes in the financial statem
section and is excluded from the calculation.

The balance of the new account is added to the non-assigned section and is
calculation.

The balance of the new account is added to the non-assigned section and is
the calculation.