SAP S/4 HANA UPDATED Exam Questions
and CORRECT Answers
When you create multiple similar asset master records, which of the following fields allow you
to make separate entries for each individual asset?There are 3 correct answers to this question.
Response:
Inventory number
License plate number
Description of the asset
Cost center - CORRECT ANSWER - Inventory number
Description of the asset
Cost center
Which of the following components make up an archiving object?There are 3 correct answers to
this question.
Response:
Data declaration part
Customizing settings
Variables
Programs - CORRECT ANSWER - Data declaration part
Customizing settings
Programs
What do you configure to allow cross-company-code transactions?There are 2 correct answers to
this question.
Response:
Posting keys
Account types
Special G/L indicator
,Clearing accounts - CORRECT ANSWER - Posting keys
Clearing accounts
What separates the leading ledger from other parallel standard ledgers?Please choose the correct
answer.
Response:
It is used to represent the group valuation.
It doesn't derive values from other ledgers.
It is assigned to all company codes.
It is used for performing segment reporting. - CORRECT ANSWER - It is assigned to all
company codes.
What is a reason for performing data archiving?Please choose the correct answer.
Response:
To back up data on a separate drive
To protect data from being lost
To control hardware requirements
To have fewer downtime cycles - CORRECT ANSWER - To control hardware
requirements
You indicate that you're posting to the ledger group of an extension ledger. How many ledgers
are updated?Please choose the correct answer.
Response:
The leading ledger and the extension ledger
The extension ledger and the underlying ledger
Only the extension ledger
It depends on the ledgers grouped in the ledger group - CORRECT ANSWER - Only the
extension ledger
, Identify the steps performed during the general ledger closing operations for the fiscal year.There
are 3 correct answers to this question.
Response:
Vendor invoices are posted.
Accruals are carried out.
Foreign currency documents are valuated.
The balance carry forward program is run. - CORRECT ANSWER - Accruals are carried
out.
Foreign currency documents are valuated.
The balance carry forward program is run.
What restriction apply when a new currency is introduced for productive company codes and
ledgers?There are 2 correct answers to this question.
Response:
Reconciliation for entities in asset accounting is NOT included.
Calculated values are NOT added to the ACDOCA.
New currency tields are NOT updated for existing data.
Archived data CANNOT be enriched with the new currency. - CORRECT ANSWER -
Reconciliation for entities in asset accounting is NOT included.
Archived data CANNOT be enriched with the new currency.
You've agreed to terms of payment with a business partner that is a customer and a supplier. The
same terms are to be used both ways (incoming and outgoing).
You've defined a new terms of payment key, but when trying to update the supplier business
partner role, you don't find the payment term available to select.
What must you do?Please choose the correct answer.
Response:
Create a new payment term for the supplier business partner role.
Enter the payment term manually during invoicing.
Change the field status of the business partner role to make the payment terms an optional field.
and CORRECT Answers
When you create multiple similar asset master records, which of the following fields allow you
to make separate entries for each individual asset?There are 3 correct answers to this question.
Response:
Inventory number
License plate number
Description of the asset
Cost center - CORRECT ANSWER - Inventory number
Description of the asset
Cost center
Which of the following components make up an archiving object?There are 3 correct answers to
this question.
Response:
Data declaration part
Customizing settings
Variables
Programs - CORRECT ANSWER - Data declaration part
Customizing settings
Programs
What do you configure to allow cross-company-code transactions?There are 2 correct answers to
this question.
Response:
Posting keys
Account types
Special G/L indicator
,Clearing accounts - CORRECT ANSWER - Posting keys
Clearing accounts
What separates the leading ledger from other parallel standard ledgers?Please choose the correct
answer.
Response:
It is used to represent the group valuation.
It doesn't derive values from other ledgers.
It is assigned to all company codes.
It is used for performing segment reporting. - CORRECT ANSWER - It is assigned to all
company codes.
What is a reason for performing data archiving?Please choose the correct answer.
Response:
To back up data on a separate drive
To protect data from being lost
To control hardware requirements
To have fewer downtime cycles - CORRECT ANSWER - To control hardware
requirements
You indicate that you're posting to the ledger group of an extension ledger. How many ledgers
are updated?Please choose the correct answer.
Response:
The leading ledger and the extension ledger
The extension ledger and the underlying ledger
Only the extension ledger
It depends on the ledgers grouped in the ledger group - CORRECT ANSWER - Only the
extension ledger
, Identify the steps performed during the general ledger closing operations for the fiscal year.There
are 3 correct answers to this question.
Response:
Vendor invoices are posted.
Accruals are carried out.
Foreign currency documents are valuated.
The balance carry forward program is run. - CORRECT ANSWER - Accruals are carried
out.
Foreign currency documents are valuated.
The balance carry forward program is run.
What restriction apply when a new currency is introduced for productive company codes and
ledgers?There are 2 correct answers to this question.
Response:
Reconciliation for entities in asset accounting is NOT included.
Calculated values are NOT added to the ACDOCA.
New currency tields are NOT updated for existing data.
Archived data CANNOT be enriched with the new currency. - CORRECT ANSWER -
Reconciliation for entities in asset accounting is NOT included.
Archived data CANNOT be enriched with the new currency.
You've agreed to terms of payment with a business partner that is a customer and a supplier. The
same terms are to be used both ways (incoming and outgoing).
You've defined a new terms of payment key, but when trying to update the supplier business
partner role, you don't find the payment term available to select.
What must you do?Please choose the correct answer.
Response:
Create a new payment term for the supplier business partner role.
Enter the payment term manually during invoicing.
Change the field status of the business partner role to make the payment terms an optional field.
