TS410 REVIEW QUESTIONS AND ANSWERS
A company code is the basic organizational unit in Management Accounting. T or F - CORRECT
ANSWER✅✅✅False
Which of the following statements about a controlling area are false? - CORRECT
ANSWER✅✅✅Allocation of costs within a CO area affects objects in other CO areas
You can only assign one company code to a controlling area
Client, plant, and _________ are examples of organizational levels that play a role in the maintenance of
material master records. - CORRECT ANSWER✅✅✅Storage location
Each SAP Fiori application is built around the user, rather than then function. T or F - CORRECT
ANSWER✅✅✅True
SAP Fiori applications can be classified as which of the following: - CORRECT
ANSWER✅✅✅Transactional
Analytical
Factsheet
The SAP Enterprise Portal is also known as the SAP Fiori framework page. T or F - CORRECT
ANSWER✅✅✅True
The SAP Fiori Launchpad can only be deployed on the SAP Enterprise Portal platform. T or F - CORRECT
ANSWER✅✅✅False
What are some of the trends driving the need for a re-engineered business suite built for the digital? -
CORRECT ANSWER✅✅✅Massive increase in device connectivity
Increase in ownership of mobile devices
,Adoption of cloud computing
Why was the application code completely re-written for SAP S/4 HANA? - CORRECT
ANSWER✅✅✅To take advantage of the simpler data model
To ensure that the code is optimized for SAP HANA
SAP S/4 HANA is built to natively integrate with business networks such as: - CORRECT
ANSWER✅✅✅SAP Ariba
Concur
SAP Fieldglass
SAP Hybris
What characterizes the architecture of a simple application? - CORRECT ANSWER✅✅✅Reduction in
the number of tables
No data redundancy
SAP Leonardo builds on SAP's digital transformation framework with the goal of enabling faster
innovation with less risk. T or F - CORRECT ANSWER✅✅✅True
What are the key functionalities in SAP Cloud Platform? - CORRECT ANSWER✅✅✅Open API's
Integration
Microservices
What are the four areas of financial accounting? - CORRECT ANSWER✅✅✅Bank
Accounts Payable
Accounts Receivable
Fixed assets
,What are the two areas of management accounting? - CORRECT ANSWER✅✅✅Cost-controlling
(cost center acc)
(product costing)
Revenue controlling (profitability accounting)
What are examples of assets? - CORRECT ANSWER✅✅✅Fixed assets
Material
Receivables'
Bank
What are examples of liabilities? - CORRECT ANSWER✅✅✅Equity capital
Loans
Liabilities
ACDOCA: Common line items for the Universal Journal - CORRECT ANSWER✅✅✅Single source of
truth for all accounting components
A simple but holistic data model
The universal journal combines and harmonizes the good qualities of all accounting components
Non-disruptive innovation and simplification
Benefits of SAP S/4 Finance "The new architecture" - CORRECT ANSWER✅✅✅One line item table
with full detail for all components
Data is stored only once, so no reconciliation is needed by architecture
, Fast multi dimensional reporting on the Universal Journal is possible without replicating data to BI. If BI
is in place, one single BI extractor is needed.
Reduction of memory footprint through elimination of redundancy
Technical preparation is done to enhance important structural capabilities of the Financials solution
(multi GAAP, multiple currencies)
Which of the following are tasks of
financial accounting? - CORRECT ANSWER✅✅✅Posts all financial transactions, revenues, and
expenses
Allows the setting up of a profit and loss statement
Advances in S/4 HANA include all the following EXCEPT: - CORRECT ANSWER✅✅✅Preventative
analysis
Increased footprint
Cloud use only
Due to storage capacity reduction using SAP S/4 HANA, which of the following are now possible? -
CORRECT ANSWER✅✅✅A mobile device can now run the application
Increased data flow
Shorter response time
Restores are faster
MRP is an iterative process. It involves identifying the components needed to satisfy demand, then
checking resource capacity to procure those components, then readjusting the plan. Which of the
A company code is the basic organizational unit in Management Accounting. T or F - CORRECT
ANSWER✅✅✅False
Which of the following statements about a controlling area are false? - CORRECT
ANSWER✅✅✅Allocation of costs within a CO area affects objects in other CO areas
You can only assign one company code to a controlling area
Client, plant, and _________ are examples of organizational levels that play a role in the maintenance of
material master records. - CORRECT ANSWER✅✅✅Storage location
Each SAP Fiori application is built around the user, rather than then function. T or F - CORRECT
ANSWER✅✅✅True
SAP Fiori applications can be classified as which of the following: - CORRECT
ANSWER✅✅✅Transactional
Analytical
Factsheet
The SAP Enterprise Portal is also known as the SAP Fiori framework page. T or F - CORRECT
ANSWER✅✅✅True
The SAP Fiori Launchpad can only be deployed on the SAP Enterprise Portal platform. T or F - CORRECT
ANSWER✅✅✅False
What are some of the trends driving the need for a re-engineered business suite built for the digital? -
CORRECT ANSWER✅✅✅Massive increase in device connectivity
Increase in ownership of mobile devices
,Adoption of cloud computing
Why was the application code completely re-written for SAP S/4 HANA? - CORRECT
ANSWER✅✅✅To take advantage of the simpler data model
To ensure that the code is optimized for SAP HANA
SAP S/4 HANA is built to natively integrate with business networks such as: - CORRECT
ANSWER✅✅✅SAP Ariba
Concur
SAP Fieldglass
SAP Hybris
What characterizes the architecture of a simple application? - CORRECT ANSWER✅✅✅Reduction in
the number of tables
No data redundancy
SAP Leonardo builds on SAP's digital transformation framework with the goal of enabling faster
innovation with less risk. T or F - CORRECT ANSWER✅✅✅True
What are the key functionalities in SAP Cloud Platform? - CORRECT ANSWER✅✅✅Open API's
Integration
Microservices
What are the four areas of financial accounting? - CORRECT ANSWER✅✅✅Bank
Accounts Payable
Accounts Receivable
Fixed assets
,What are the two areas of management accounting? - CORRECT ANSWER✅✅✅Cost-controlling
(cost center acc)
(product costing)
Revenue controlling (profitability accounting)
What are examples of assets? - CORRECT ANSWER✅✅✅Fixed assets
Material
Receivables'
Bank
What are examples of liabilities? - CORRECT ANSWER✅✅✅Equity capital
Loans
Liabilities
ACDOCA: Common line items for the Universal Journal - CORRECT ANSWER✅✅✅Single source of
truth for all accounting components
A simple but holistic data model
The universal journal combines and harmonizes the good qualities of all accounting components
Non-disruptive innovation and simplification
Benefits of SAP S/4 Finance "The new architecture" - CORRECT ANSWER✅✅✅One line item table
with full detail for all components
Data is stored only once, so no reconciliation is needed by architecture
, Fast multi dimensional reporting on the Universal Journal is possible without replicating data to BI. If BI
is in place, one single BI extractor is needed.
Reduction of memory footprint through elimination of redundancy
Technical preparation is done to enhance important structural capabilities of the Financials solution
(multi GAAP, multiple currencies)
Which of the following are tasks of
financial accounting? - CORRECT ANSWER✅✅✅Posts all financial transactions, revenues, and
expenses
Allows the setting up of a profit and loss statement
Advances in S/4 HANA include all the following EXCEPT: - CORRECT ANSWER✅✅✅Preventative
analysis
Increased footprint
Cloud use only
Due to storage capacity reduction using SAP S/4 HANA, which of the following are now possible? -
CORRECT ANSWER✅✅✅A mobile device can now run the application
Increased data flow
Shorter response time
Restores are faster
MRP is an iterative process. It involves identifying the components needed to satisfy demand, then
checking resource capacity to procure those components, then readjusting the plan. Which of the