P_S4FIN_2021 Exam Questions

What cost center planning process can write data directly to plan item table ACDOCP?

On which levels can you assign semantic tags to a financial statement version in SAP Fiori? Note: There are 3 correct answers to this question.

You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA. What does this mean? Note: There are 3 correct answers to this questi...

What system configuration in your customer's current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?

What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.

You are performing a system conversion for a customer that uses classic G/L with the accounts approach. What must you configure in SAP S/4HANA for local and international accountin...

What are the consequences in an SAP ERP system when activating the business function EA- FIN to support conversion to SAP S/4HANA?

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?

Which settings are allowed for open item management for the GR/IR account? Note: There are 2 correct answers to this question.

You start your first sandbox migration and get a lot of errors.How are errors handled in an SAP S/4HANA migration? Note: There are 2 correct answersto this question.

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, yo...

In which of the possible scenarios can you indicate that an account is also a statistical cost element? Note: There are 2 correct answers to this question.

In what system is it required to perform all system conversion steps to identify and solve conversion errors?

What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

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 are converting yoursystem to SAP S/4HANA. In yoursystem, you have:Three company codes assigned to a single controlling area. Controlling area is assigned to fiscal year variant...

In Controlling, what is a mandatory customizing step when converting a system to SAP S/4HANA?

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 i...

You carry forward balances for your company code and leading ledger to the new fiscal year 2022 and you get an error message related to asset accounting. What single action can res...

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.

What must you create before you can record commitments in the universal journal?

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.

In the standard delivery system, what isthe maximum number of components you can use for the primary cost component split of activities and the cost component split of cost of good...

What can you do with SAP S/4HANA Accrual Management?

For which functionality is a productive material ledger a prerequisite ? Note: There are 2 correct answers to this question.

Which of the following is a prerequisite to activate takeover values between depreciation areas?

You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the...

Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

You are converting your system to SAP S/4HANA.Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?

Your company code is configured with three depreciation areas that post in real time The company is configured to update company code and group currency types. How many documents a...

What do you manage within cash operations of SAP Cash Management? Note: There are 2 correct answers to this question.

In an SAP S/4HANA system, which of the following features is mandatory?

At which level is the migration run for finance data performed?

In your system, you are creating a new company code that requires an additional standard ledger.Which statements apply to a standard ledger? Note: There are 2 correct answers to th...

You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? Note: There are 2 correct answers to this question.

In your SAP S/4HANA system, you use the accounts approach for parallel valuation and report financial values for three separate accounting principles. You post an acquisition for a...

Which data is converted during an SAP S/4HANA standard conversion?

Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis?

What do you configure to automatically create a vendor when you create a business partner? Note: There are 2 correct answers to this question.

You want to configure an extension ledger. Which steps do you need to take? Note: There are 2 correct answers to this question.

Which modules read and write line items of the universal journal (ACDOCA)? Note: There are 2 correct answers to this question.

Your customer currently uses classic G/L and asks what new functionalities can be implemented during an SAP standard conversion to SAP S/4HANA. What functionality can you activate?

Your customer uses the ledger approach to multiple valuation. During conversion to SAP S/4HANA, which configurations will be required? Note: There are 2 correct answers to this que...

Your customer has an SAP ERP system with classic G/L accounting and wants to convert directly to SAP S/4HANA as soon as possible during the current fiscal year via standard convers...

What does the Parallel Accounting Using G/L Accounts indicator in ledger configuration allow you to do?

Which technologies help you decrease data volume in the SAP HANA database? Note: There are 2 correct answers to this question.

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