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

1. Which physical inventory methods are available in SAP S/4HANA? Note: There are 3 correct answers to this question.

A) Actual inventory method
B) Continuous inventory method
C) Cycle counting method
D) Stard inventory method
E) Periodic inventory method

2. What are some features of SAP Business Technology Platform? Note: There are 2 correct answers to this question.

A) It supports application development integration.
B) It provides data management analytics.
C) It helps customers to collaborate to build flexible value chains.
D) It supports customers in understing their stakeholder's needs.

3. You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities. You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems. How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?

A) 15
B) 01
C) 05
D) 10

4. Which parameters can you configure on the dunning level? Note: There are 2 correct answers to this question.

A) Line item grace period
B) Days in arrears
C) Interest indicator
D) Payment deadline

5. You are trying to extend a G/L account to a new company code but are getting an error for incomplete data. All customizable fields have been set to option in the field status. Which fields must you always maintain when extending a G/L account? Note: There are 2 correct answers to this question.

A) Account currency
B) Account number
C) Sort key
D) Field status group

Solutions: