2023 Updated SAP P-S4FIN-2021 Dumps PDF - Want To Pass P-S4FIN-2021 Fast
P-S4FIN-2021 Practice Exam Dumps - 99% Marks In SAP Exam
The SAP P_S4FIN_2021 exam is designed for those professionals who have a strong background and expertise in SAP ERP Finance. This certification exam is aimed at testing the candidates' skills and knowledge of financials in SAP S/4HANA. SAP is known for offering top-notch certification programs, and this exam is no exception.
The SAP P_S4FIN_2021 certification exam consists of 80 multiple-choice questions and has a time limit of 180 minutes. The exam is available in English and is proctored online. To pass the exam, candidates must achieve a minimum score of 68%.
NEW QUESTION # 40
You convert a system from SAP ERP with classic G/L to SAP S/4HANA.
Which activities must you perform in the productive SAP S/4HANA system before the software is installed? There are 2 correct answers to this question.
- A. Perform G/L customizing for migration.
- B. Activate new Asset Accounting.
- C. Run balance sheet and G/L account balances reporting.
- D. Start the RAPERB2000 asset report.
Answer: C,D
NEW QUESTION # 41
You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?
- A. Define two valuation methods and assign the accounting principles to the new valuation methods
- B. Define a valuation area and an accounting principle with relevant links to ledgers.
- C. Define a valuation area and ledger group for two ledgers to link with the new valuation area
- D. Define two valuation areas and two accounting principles with relevant links to ledgers.
Answer: D
NEW QUESTION # 42
What do you configure to automatically create a vendor when you create a business partner?Note: There are 2 correct answers to this question.
- A. The customer/vendor integration interface
- B. The business partner grouping key
- C. Business partner relationships
- D. The partner functions for vendors
Answer: A,B
NEW QUESTION # 43
Your customer wants to convert their SAP ERP New G/L ledger solution to SAP S/4HANA.Which system configuration options are available for the customer after the conversion project is finalized? Note: There are 2 correct answers to this question.
- A. Implementation of chart of accounts conversion
- B. Implementation of document splitting
- C. Implementation of an additional standard ledger for parallel accounting
- D. Implementation of real-time integration of controlling to financial accounting
Answer: B,C
NEW QUESTION # 44
What cost center planning procress can write data directly to plan item table ACDOCP?
- A. Manual planning of cost with workbook
- B. Formula planning with templates
- C. Internal activity price calculation
- D. Manual planning of statistical key figures
Answer: A
NEW QUESTION # 45
What credit management organizational element is required for calculating the credit limit, and enables you to carry out detailed checks at business.
- A. Sales area
- B. Credit control area
- C. Credit segment
- D. Company code
Answer: B
NEW QUESTION # 46
The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as. Which ledgers are listed in the universal journal entry line items after you enter an incoming ivocie?
- A. Extension ledger C
Standard ledger B - B. Standard ledger A
Extension ledger C - C. Standard ledger B
- D. Extension ledger C
Standard ledger A - E. Standard ledger A
Standard ledger B
Answer: E
NEW QUESTION # 47
What are the improvements to new cash pooling? There are 2 correct answers to this question.
- A. The business user can define "expected amount" and "minimal movement amount" for every bank account without configuration.
- B. Different payment methods for payment requests can be specified in different paying company codes.
- C. You can set deficit and excess tolerances. If the balance is between the tolerances, no transfer is made
- D. The balance before concentration and the simulated balance after the concentration can be compared.
Answer: A,D
NEW QUESTION # 48
What can you do when you use Account Basis for cost of goods sold (COGS) split in SAP S/4HANA 1809?
Note: There are 2 correct answers to this question.
- A. Enable COGS split on the basis of the main cost component structure and auxiliary cost component structure.
- B. Enable COGS split for sales processes posted to internal orders and projects.
- C. Enable COGS split for stock transfers and point-of-sale transactions.
- D. Enable COGS split for postings made on the source account through internal processes in Financials and Controlling.
Answer: C,D
NEW QUESTION # 49
You want to set up a multi-level gross margin report in profitability analysis (CO-PA).What do you customize to report the fixed and variable values separately?Note: There are 2 correct answers to this question.
- A. Margin analysis: assign different accounts (assignment of different accounts is necessary)
- B. Costing-based CO-PA: no specific customizing is necessary
- C. Margin analysis: no specific customizing is necessary
- D. Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)
Answer: A,D
NEW QUESTION # 50
Your customer has created a custom ABAP report in an SAP ERP system based on totalstable GLTO.How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?
- A. The table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view.
- B. The table GLTO has been kept but a compatibility view has been generated to read its content.
- C. The table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.
- D. The table GLTO has been removed and replaced by a compatibility view.
Answer: D
NEW QUESTION # 51
How can financial data be stored in the SAP S/4HANA system tables? Note: There are 2 correct answers to this question.
- A. There can be a line item in BSEG without a corresponding document in BKPF.
- B. There can be a line item in ACDOCA without a corresponding line item in BSEG.
- C. There can be a line item in ACDOCA without a corresponding line item in BKPF.
- D. There can be a line item added in BSEG without a corresponding line item in ACDOCA.
Answer: C
NEW QUESTION # 52
For which functionality is a productive material ledger a prerequisite?
- A. Parallel valuation for transfer pricing
- B. Actual activity price determination
- C. Parallel currencies in the universal journal
- D. Actual costing
Answer: C,D
NEW QUESTION # 53
You want to post intercompany asset transfer only for IFRS. Which objects can you specify in the transfer posting to achieve this? Note: There are 2 correct answers to this question.
- A. Depreciation area
- B. Accounting principle
- C. Transaction type
- D. Ledger group
Answer: B,D
NEW QUESTION # 54
You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?
- A. Define a valuation area and ledger group for two ledgers to link with the new valuation area.
- B. Define two valuation methods and assign the accounting principles to the new valuation method
- C. Define two valuation areas and two accounting principles with relevant links to ledgers
- D. Define a valuation area and extension ledger to link with the new valuation area
Answer: C
NEW QUESTION # 55
......
Updated Verified P-S4FIN-2021 Q&As - Pass Guarantee: https://testking.prep4sureexam.com/P-S4FIN-2021-dumps-torrent.html