SAP S/4 HANA FI UPDATED ACTUAL Exam Questions and CORRECT Answers

SAP S/4 HANA FI UPDATED ACTUAL
Exam Questions and CORRECT Answers
Question:
Which currency valuation program is replaced by FAGL_FCV?
Please choose the correct answer.
Response:


1) SAPF130K
2) FAGL_VALUATION
3) SAPF100

4) FAGL_FC_VALUATION - CORRECT ANSWER - 4) FAGL_FC_VALUATION


Question:
Where do you indicate that the useful life of the asset
sub-number is identical to the useful life of the main asset?
Response:


1) In the asset master record of the main asset
2) In the screen layout of the asset master record
3) In the screen layout of the depredation area

4) In the account determination of the asset class - CORRECT ANSWER - 3) In the screen
layout of the depredation area


Question:
Identify the reasons for archiving data.
There are 3 correct answers to this question.
Response:

,1) Lowering the effort involved in database administration.
2) Reducing the system downtime when carrying out software upgrades, recoveries, and (offline)
database backups.
3) Using data as a backup.

4) Improving response times and ensuring good response times. - CORRECT ANSWER -
1) Lowering the effort involved in database administration.
2) Reducing the system downtime when carrying out software upgrades, recoveries, and (offline)
database backups.
4) Improving response times and ensuring good response times.


Question:


The SAP Business Workflow________process dimensions.Please choose the correct answer.
Response:


1) Four
2) Five
3) Two

4) Three - CORRECT ANSWER - 1) Four


Question:
You are configuring accrual types for the accrual engine.
For which postings is account determination required?There are 2 correct answers to this
question.
Response:


1) Closing Posting only
2) Opening and Closing Posting only

,3) Periodic only

4) Opening Posting only - CORRECT ANSWER - 3) Periodic only
4) Opening Posting only


Question:
When can you set the open item management indicator in a general ledger account?
There are 2 correct answers to this question.
Response:


1) When an account is used as a reconciliation account
2) When an account is required for clearing
3) When an account has a zero balance

4) When an account is set up as a cost element - CORRECT ANSWER - 1) When an
account is used as a reconciliation account
2) When an account is required for clearing


Question:
What object determines the number range for business partner master data?
Response:


1) Business partner grouping
2) Business partner role
3) Business partner type

4) Business partner category - CORRECT ANSWER - 1) Business partner grouping


Question:
What does the document type control?
There are 2 correct answers to this question.

, Response:


1) Which posting keys are allowed for postings
2) Whether negative postings are permitted
3) Whether exchange rate difference is permitted

4) Which account types are allowed for postings - CORRECT ANSWER - 2) Whether
negative postings are permitted
4) Which account types are allowed for postings


Question:
Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA
system?
There are 3 correct answers to this question.
Response:


1) Switch on the data aging business function.
2) Define the logical file path as a global path for data aging.
3) Add required authorizations for data aging to your role.
4) Activate data aging for your company code.

5) Activate aging on SAP HANA. - CORRECT ANSWER - 1) Switch on the data aging
business function.
3) Add required authorizations for data aging to your role.
5) Activate aging on SAP HANA.


Question:
What data do you maintain in the chart of accounts sections of a General Ledger account?
Response:


1) Consolidation data