SAP P_S4FIN_2021 SAP Certified Application Professional – Financials in SAP S/4HANA for SAP ERP Finance Experts Online Training
SAP P_S4FIN_2021 Online Training
The questions for P_S4FIN_2021 were last updated at Apr 22,2024.
- Exam Code: P_S4FIN_2021
- Exam Name: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts
- Certification Provider: SAP
- Latest update: Apr 22,2024
What cost center planning process can write data directly to plan item table ACDOCP?
- A . Internal activity price calculation
- B . Planning in SAP Analytics Cloud
- C . Manual planning of statistical key figures
- D . Formula planning with templates
What can you do with SAP S/4HANA Accrual Management?
- A . Post planned accrual amounts in table ACDOCP and analyze them in reports.
- B . Automatically calculate accruals for purchase orders with posted valuated goods receipt.
- C . Automatically calculate accruals for asset acquisitions (direct capitalization) with purchase orders.
- D . Post and analyze accruals in all currencies defined for the general ledger.
What are the consequences in an SAP ERP system when activating the business function EA-FIN to support conversion to SAP S/4HANA?
- A . New asset accounting is activated.
- B . Parallel ledgers are available.
- C . Period posting (ASKB) became obsolete.
- D . New depreciation engine is used.
Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis?
- A . Line items with technical numbers/ no deletion possible
- B . Standard journal entries
- C . Journal entries for valuation differences
- D . Line items with technical numbers/ deletion possible
In your company code, you report on profit center and segment level. You post a single invoice document for office supplies that has multiple expense line items per profit center.
What document splitting process does the system use to assign the correct profit centers and segments to the bank account line item when you post a payment for the invoice?
- A . Document splitting default account assignment
- B . Active document splitting
- C . Document splitting inheritance
- D . Passive document splitting
Which modules read and write line items of the universal journal (ACDOCA)? Note: There are 2 correct answers to this question.
- A . Account-based profitability analysis
- B . Actual costing
- C . Cash management
- D . Costing-based profitability analysis
A fixed asset is to be posted in the new fiscal year.
Which closing activity must be carried out for this?
- A . Depreciation for the new year must be recalculated (transaction AFAR).
- B . All depreciation (transaction AFAB) up to that point must be posted.
- C . Fiscal year change program must have been executed (transaction FAA_CMP).
- D . All APC values must have been posted using report "Periodic Asset Postings".
What system configuration in your customer’s current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA?
- A . The system does NOT use material ledger for actual costing.
- B . The system uses classic asset accounting to manage fixed assets.
- C . The customer does NOT use business partners to manage customers and suppliers
- D . The customer uses the accounts approach for parallel accounting
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A . Central finance
- B . On premise
- C . Private cloud
- D . Public cloud
How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? Note: There are 2 correct answers to this question.
- A . You can assign each valuation to a separate ledger.
- B . You can assign additional valuations to separate accounts.
- C . You can assign additional valuations to the extension ledgers.
- D . You can assign profit center, group, and legal valuations to the same ledger.
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