[Jan 05, 2025] Get New P-S4FIN-2023 Certification – Valid Exam Dumps Questions
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SAP P-S4FIN-2023 Exam Syllabus Topics:
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NEW QUESTION # 33
What can you do with SAP S/4HANA Accrual Management?
- A. Automatically calculate accruals for asset acquisitions (direct capitalization) with purchase orders.
- B. Post planned accrual amounts in table ACDOCP and analyze them in reports.
- C. Post and analyze accruals in all currencies defined for the general ledger.
- D. Automatically calculate accruals for purchase orders with posted valuated goods receipt.
Answer: A
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 34
You want to convert your system from an account solution into a ledger solution without a prior New G/L migration project.
Which scenario can be used? Note: There are 2 correct answers to this question.
- A. New implementation
- B. Selective Data Transition
- C. SAP Standard Conversion
- D. Chart of Accounts Conversion
Answer: C,D
NEW QUESTION # 35
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 answers to this question.
- A. All errors from the previous 2 fiscal years have to be corrected.
- B. All errors must be corrected before SUM (Software Update Manager) starts.
- C. Critical errors must be resolved in the production system before Go Live.
- D. Errors must be clarified, and uncritical errors can be accepted.
Answer: B,C
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 36
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 conversion. Which limitations apply in SAP S/4HANA? Note: There are 3 correct answers to this question.
- A. You must use the accounts approach to parallel valuation.
- B. You cannot configure and activate document splitting during conversion.
- C. You must define valuation areas for foreign currency valuation.
- D. You must continue to use Special Purpose Ledger for preparation for consolidation.
- E. You must configure profit center and segment accounting.
Answer: B,D,E
NEW QUESTION # 37
Which values are stored in the universal journal (ACDOCA)? Note: There are 2 correct answers to this question.
- A. Elimination of intercompany postings
- B. Parallel currencies
- C. Actual costing results
- D. Transfer prices
Answer: B,D
NEW QUESTION # 38
What do you configure to automatically create a vendor when you create a business partner? Note:
There are 2 correct answers to this question.
- A. The partner functions for vendors
- B. Business partner relationships
- C. The business partner grouping key
- D. The customer/vendor integration interface
Answer: C,D
Explanation:
Financial Accounting Configuration in SAP S/4HANA
NEW QUESTION # 39
Which technologies help you decrease data volume in the SAP HANA database? Note: There are 2 correct answers to this question.
- A. Indexing
- B. Aging
- C. Partitioning
- D. Archiving
Answer: B,D
Explanation:
Basics of SAP HANA, SAP S/4HANA and SAP Fiori
NEW QUESTION # 40
In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center. What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?
- A. Document splitting default account assignment
- B. Document splitting inheritance
- C. Passive document splitting
- D. Active document splitting
Answer: D
NEW QUESTION # 41
In an on-premise SAP S/4HANA system, which of the following features is mandatory?
- A. Registration for Indirect Taxes Abroad
- B. Document splitting
- C. Material ledger
- D. Universal parallel accounting
Answer: C
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 42
You want to post values of the incoming sales orders to both account-based CO-PA and costing-based CO-PA.
What do you need to do? Note: There are 2 correct answers to this question.
- A. Activate "Predictive Accounting" for sales processes at controlling area level
- B. Activate "Predictive Accounting" for billing document item categories
- C. Define the prediction ledger for your operating concern
- D. Set up an extension ledger with type "Line items with technical numbers"
Answer: A,B
Explanation:
Management Accounting Configuration in SAP S/4HANA
NEW QUESTION # 43
What must you create before you can record commitments in the universal journal?
- A. Extension ledger
- B. Statistical cost elements
- C. Tolerance profile
- D. Document type
Answer: A
NEW QUESTION # 44
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.
- A. Define depreciation areas for all currency types.
- B. Activate enterprise extension EA-FIN.
- C. Close all fiscal years except the current one.
- D. Define a technical clearing account for integrated acquisitions
- E. Assign accounting principles to all depreciation areas
Answer: A,B,C
NEW QUESTION # 45
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?
- A. Additional standard ledger
- B. Margin analysis
- C. Document splitting
- D. Additional parallel currency
Answer: D
NEW QUESTION # 46
Which fields do you maintain when defining the source ledger for migration of balances? Note: There are 2 correct answers to this question.
- A. Company code
- B. Period
- C. Source table
- D. Year
Answer: A,D
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 47
You notice alpha-numeric document numbers in the universal journal, that do not have a corresponding document header stored in the BKPF table.
Which activities may lead to alpha-numeric document numbers? Note: There are 2 correct answers to this question.
- A. Corrections due to migration
- B. Balance carry forward
- C. Cross company code postings
- D. Customer invoice posted via interface
Answer: A,B
Explanation:
Architecture Overview of Financials in SAP S/4HANA
NEW QUESTION # 48
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 question
- A. Customizing is consistent.
- B. Customer Vendor Integration can start.
- C. Only critical error messages have been accepted.
- D. All views are generated successfully.
- E. All error messages have been accepted.
Answer: A,D,E
NEW QUESTION # 49
How many digits for the amount field on the financial document line item level are supported in the universal journal
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 50
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.
- A. Implementation of an additional standard ledger for parallel accounting
- B. Implementation of chart of accounts conversion
- C. Implementation of document splitting
- D. Implementation of real-time integration of controlling to financial accounting
Answer: A,C
Explanation:
System Preparation and Configuration for Conversion of Financials in SAP S/4HANA
NEW QUESTION # 51
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, you change this account to cost element category "43" in company code 1750, which is assigned to the same controlling are
a. What is the effect in the system when you save this account?
- A. The cost element category in the account is changed back to "42" for company code 1750.
- B. The cost element category in the account is changed for both company codes
- C. The system brings up an error message and rejectsthe change.
- D. The cost element category is different in the two company codes.
Answer: B
NEW QUESTION # 52
What is the maximum number of currency types that you can report on for a ledger?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
NEW QUESTION # 53
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. Public cloud
- B. Central finance
- C. On premise
- D. Private cloud
Answer: B
NEW QUESTION # 54
A document can have up to 999999 line items in the universal journal (reporting or G/L view).How does this affect the entry view table
- A. It is still limited to 999 line items but the system automatically splits the single entry into multiple documents as required
- B. It is now a compatibility view without number restrictions.
- C. It is automatically extended to 999999 line items.
- D. It is still limited to 999 line items but you can configure summarization on certain criteria.
Answer: D
NEW QUESTION # 55
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?
- A. Only interval 3, no other intervals checked if interval 3 is not maintained
- B. First interval 3, then intervals 1&2 if interval 3 is not maintained
- C. First interval 3, then interval 1 if interval 3 is not maintained
- D. First interval 3, then interval 2 if interval 3 is not maintained
Answer: A
NEW QUESTION # 56
Which modules read and write line items of the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.
- A. Account-based profitability analysis
- B. Actual costing
- C. Cash management
- D. Costing-based profitability analysis
Answer: A,C
NEW QUESTION # 57
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