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SAP P-S4FIN-2021 Test Book - P-S4FIN-2021 Vce Exam

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    SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q52-Q57):

    NEW QUESTION # 52
    You want to configure an extension ledger. Which steps do you need to take? 2 correct answers

    • A. Specify currency types for the Extension Ledger
    • B. Specify the document types for the Extension Ledger
    • C. Select an underlying ledger for the Extension Ledger
    • D. Assign a Fiscal Year variant to the Extension Ledger

    Answer: A,C


    NEW QUESTION # 53
    Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

    • A. The posting period variant for the extension ledger
    • B. The fiscal year variant for the standard ledger
    • C. The valuation view for the extension ledger
    • D. The financial statement version for both types of ledgers

    Answer: A,B


    NEW QUESTION # 54
    Which ledger-specific configuration can you maintain at company code level? There are 2 correct answer to this question.

    • A. Financial statement version
    • B. Posting period variant
    • C. Fiscal year variant
    • D. Field status variant

    Answer: A,B


    NEW QUESTION # 55
    Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA? There are 3 correct answer to this question.

    • A. You must use the accounts approach to parallel valuation
    • B. You must define valuation areas for foreign currency valuation
    • C. You cannot configure and activate document splitting
    • D. You cannot continue to use the consolidation staging ledger
    • E. You must configure profit center and segment accounting

    Answer: C,D,E


    NEW QUESTION # 56
    Which of the following are available methods of valuation for depreciation areas? There are 3 correct answer to this question.

    • A. Calculate different values in a depreciation area for a specific purpose
    • B. Define show values, but do NOT post any values to the G/L accounts.
    • C. Define how asset values post for accounting principles.
    • D. Calculate additional values for acquisition and product cost.
    • E. Define how posting values and depreciation terms can be transferred to other areas

    Answer: A,C,E


    NEW QUESTION # 57
    ......

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