SAP Test 3 UPDATED ACTUAL Exam
Questions and CORRECT Answers
Which of the following procedures are available to check the balance of
receivables and payables in balance confirmations? (3)
- Balance request
- Balance notification
- Balance adjustment
- Balance confirmation - CORRECT ANSWER - Balance request
Balance notification
Balance confirmation
Which of the following product lines does the SAP S/4HANA system rely on
for most human resource management functions?
-SAP SuccessFactors
-SAP Ariba
-SAP Hybris
-Concur - CORRECT ANSWER - SAP SuccessFactors
A vendor is also a customer. The payment program has to clear the open
items. Which setting has to be maintained for the business partner?
- The same bank details
- The same payment method
- The alternative payer and payee
,- The account link - CORRECT ANSWER - The account link
What type of architecture does SAP Business Workflow use?
Please choose the correct answer.
-Four-tier
-Single-tier
-Two-tier
-Three-tier - CORRECT ANSWER - Three-tier
What types of data are maintained for a house bank?
Note: There are 2 correct answers to this question.
-Overdraft limit
-General Ledger account
-payment signatories
-Data medium exchange (DME) details - CORRECT ANSWER - General Ledger account
Data medium exchange (DME) details
Which of the following are valid settlement receivers when you perform
settlement for an asset under construction on a line item basis?
There are 2 correct answers to this question.
-Fixed asset
-Profit center
-Cost center
-Functional area - CORRECT ANSWER - Fixed asset
,Cost center
Which steps are required to create a substitution in Financial Accounting?
There are 3 correct answers to this question
Response:
-Define the substitution rule with its different steps using the formula editor.
-Select the correct call-up point.
-Choose the area of application GL.
-Assign the substitution rule to the controlling area.
-Activate the substitution rule. - CORRECT ANSWER - Define the substitution rule with
its different steps using the formula editor.
Choose the area of application GL.
Activate the substitution rule.
What are some of the benefits of SAP S/4HANA?
There are 2 correct answers to this question.
-The data is summarized into higher levels of aggregates to help system
performance.
-The data is analyzed after it is extracted and loaded in the reporting system.
-The data is available in real time at line item detail.
-The data is aggregated on the fly from any line item table. - CORRECT ANSWER - The
data is available in real time at line item detail.
The data is aggregated on the fly from any line item table.
, You are starting the fiscal year-end process in Asset Accounting in SAP
S/4HANA. What are the year-end closing program checks for Asset
Accounting?
There are 2 correct answers to this question.
-General ledger and subledgers are closed.
-Assets are complete and error free.
-Depreciation is posted in full.
-Fixed asset fiscal year change is complete. - CORRECT ANSWER - Assets are complete
and error free.
Depreciation is posted in full.
The usage of which of the following depreciation types can be activated
per depreciation area?
There are 3 correct answers to this question.
-Unplanned depreciation
-Scheduled depreciation
-Ordinary depreciation
-Special depreciation - CORRECT ANSWER - Unplanned depreciation
Ordinary depreciation
Special depreciation
Identify some of the checks for archiving G/L accounts (master data).
Questions and CORRECT Answers
Which of the following procedures are available to check the balance of
receivables and payables in balance confirmations? (3)
- Balance request
- Balance notification
- Balance adjustment
- Balance confirmation - CORRECT ANSWER - Balance request
Balance notification
Balance confirmation
Which of the following product lines does the SAP S/4HANA system rely on
for most human resource management functions?
-SAP SuccessFactors
-SAP Ariba
-SAP Hybris
-Concur - CORRECT ANSWER - SAP SuccessFactors
A vendor is also a customer. The payment program has to clear the open
items. Which setting has to be maintained for the business partner?
- The same bank details
- The same payment method
- The alternative payer and payee
,- The account link - CORRECT ANSWER - The account link
What type of architecture does SAP Business Workflow use?
Please choose the correct answer.
-Four-tier
-Single-tier
-Two-tier
-Three-tier - CORRECT ANSWER - Three-tier
What types of data are maintained for a house bank?
Note: There are 2 correct answers to this question.
-Overdraft limit
-General Ledger account
-payment signatories
-Data medium exchange (DME) details - CORRECT ANSWER - General Ledger account
Data medium exchange (DME) details
Which of the following are valid settlement receivers when you perform
settlement for an asset under construction on a line item basis?
There are 2 correct answers to this question.
-Fixed asset
-Profit center
-Cost center
-Functional area - CORRECT ANSWER - Fixed asset
,Cost center
Which steps are required to create a substitution in Financial Accounting?
There are 3 correct answers to this question
Response:
-Define the substitution rule with its different steps using the formula editor.
-Select the correct call-up point.
-Choose the area of application GL.
-Assign the substitution rule to the controlling area.
-Activate the substitution rule. - CORRECT ANSWER - Define the substitution rule with
its different steps using the formula editor.
Choose the area of application GL.
Activate the substitution rule.
What are some of the benefits of SAP S/4HANA?
There are 2 correct answers to this question.
-The data is summarized into higher levels of aggregates to help system
performance.
-The data is analyzed after it is extracted and loaded in the reporting system.
-The data is available in real time at line item detail.
-The data is aggregated on the fly from any line item table. - CORRECT ANSWER - The
data is available in real time at line item detail.
The data is aggregated on the fly from any line item table.
, You are starting the fiscal year-end process in Asset Accounting in SAP
S/4HANA. What are the year-end closing program checks for Asset
Accounting?
There are 2 correct answers to this question.
-General ledger and subledgers are closed.
-Assets are complete and error free.
-Depreciation is posted in full.
-Fixed asset fiscal year change is complete. - CORRECT ANSWER - Assets are complete
and error free.
Depreciation is posted in full.
The usage of which of the following depreciation types can be activated
per depreciation area?
There are 3 correct answers to this question.
-Unplanned depreciation
-Scheduled depreciation
-Ordinary depreciation
-Special depreciation - CORRECT ANSWER - Unplanned depreciation
Ordinary depreciation
Special depreciation
Identify some of the checks for archiving G/L accounts (master data).
