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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. What separates the leading ledger from other parallel stard ledgers?

A) It is used to represent the group valuation.
B) It doesn't derive values from other ledgers.
C) It is assigned to all company codes.
D) It is used for performing segment reporting.

2. You have activated the WBS Element (not related to Investment Management) as an account assignment for asset accounting with the parameters "balance sheet" "identical" active.
What are the consequences? Note: There are 2 correct answers to this question.

A) The WBS Element cannot be used anymore for settlement.
B) The WBS Element can no longer be changed in the asset master record once the asset is capitalized.
C) The WBS Element from the asset master data can be changed during planned depreciation posting.
D) The WBS Element is available for input in the asset master record.

3. What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.

A) Define roles responsibilities as part of a process transformation office.
B) Establish an organizational structure technical foundation transformation methodology for clean core.
C) Integrate clean core practices in the end-to-end value process chain.
D) Establish regular housekeeping tasks procedures.
E) Establish release management.

4. Your system uses parallel currencies.
What is the posting indicator of the depreciation area for the parallel currency?

A) Posts APC real time depreciation periodically
B) Posts to G/L periodically
C) Does not post to G/L
D) Posts to G/L in real time

5. You post a vendor invoice for asset acquisition without reference to a purchase order.
Which accounting documents are generated?

A) One document per accounting principle
B) Separate documents for each every accounting principle
C) One document per accounting principle & one document for all accounting principles
D) One document for all accounting principles

Solutions: