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[2023] Pass your P_S4FIN_2021 exam with this 100% Free P_S4FIN_2021 Braindump [Q34-Q50]

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[2023] Pass your P_S4FIN_2021 exam with this 100% Free P_S4FIN_2021 Braindump

View All P_S4FIN_2021 Actual Exam Questions, Answers and Explanations for Free

NEW QUESTION 34
What can you assign in a depreciation area in SAP S/4HANA Finance asset accounting?

  • A. Ledger group
  • B. Parallel ledger
  • C. An accounting principle
  • D. Clearing account

Answer: C

 

NEW QUESTION 35
Which modules read and write line items of the universal journal (ACDOCA)?Note: There are 2 correct answers to this question.

  • A. Costing-based profitability analysis
  • B. Actual costing
  • C. Account-based profitability analysis
  • D. Cash management

Answer: C,D

 

NEW QUESTION 36
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting?
There are 3 correct answers to this question.

  • A. Define depreciation area for all currency types
  • B. Define a technical clearing account for integrated acquisitions
  • C. Close all fiscal years except the current one
  • D. Activate Enterprise Extension EA-FIN
  • E. Assign accounting principle to all depreciation areas

Answer: A,C,D

 

NEW QUESTION 37
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. Costing-based CO-PA: assign different value fields (assignment of different value fields is necessary)
  • D. Margin analysis: no specific customizing is necessary

Answer: A,C

 

NEW QUESTION 38
A customer wants to store alternative values of a foreign currency valuation in an extension ledger. What extension ledger type is needed for this purpose? Please choose the correct answer.

  • A. Extension
  • B. Valuation
  • C. Prediction and commitments
  • D. Simulation

Answer: D

 

NEW QUESTION 39
Which technologies help you decrease data volume in the SAP HANA database?Note: There are 2 correct answers to this question.

  • A. Indexing
  • B. Storing
  • C. Aging
  • D. Archiving

Answer: C,D

 

NEW QUESTION 40
Which modules remain unchanged after the migration to SAP S/4HANA? Note: There are 3 correct answers to this question.

  • A. Classic profit center accounting
  • B. Special purpose ledger
  • C. Costing-based CO-PA
  • D. Liquidity planning
  • E. Account-based CO-PA

Answer: A,B,C

 

NEW QUESTION 41
You want to post values of the incoming sales order to both account-based CO-PA and Costing based CO-PA.
What do you need to maintain?
NOTE: There are 3 correct answers to this question

  • A. Creative statistical cost elements for cost and revenues of incoming sales orders
  • B. Activate predictive accounting for incoming sales orders
  • C. Setup an extension ledger with type "line items with technical numbers"
  • D. Activate the transfer of incoming sales orders
  • E. Activate the indicator for incoming sales orders in the attributes view of the operating concerns

Answer: A,B,D

 

NEW QUESTION 42
You select the configuration option Set Migration to Completed in the Conversion of Accounting to SAP S/4HANA.What does this mean? Note: There are 3 correct answers to this question

  • A. All error messages have been accepted.
  • B. Customer Vendor Integration can start.
  • C. Customizing is consistent.
  • D. Only critical error messages have been accepted.
  • E. All views are generated successfully.

Answer: A,C,E

 

NEW QUESTION 43
During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO? Please choose the correct answer.

  • A. Because the system displays an error if the sum of aggregated line items differs from the balance
  • B. Because all balances from the past years are stored in the universal journal
  • C. Because a delta between all line items and the balance of every account will be updated in the universal journal
  • D. Because the system posts FI/CO documents for all missing line items by comparing them to the - balance of the account

Answer: C

 

NEW QUESTION 44
Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

  • A. Close all fiscal years except the current one.
  • B. Activate enterprise extension EA-FIN.
  • C. Define depreciation areas for all currency types.
  • D. Define a technical clearing account for integrated acquisitions
  • E. Assign accounting principles to all depreciation areas

Answer: A,B,C

 

NEW QUESTION 45
What can you do in the extension ledgers configuration? Please choose the correct answer.

  • A. You can link an accounting principle to a ledger group that contains an extension ledger.
  • B. You can manually create a new ledger group that contains an extension ledger.
  • C. You can create an extension ledger for which the underlying ledger is an extension ledger.
  • D. You can assign a freely defined currency to an extension ledger.

Answer: A

 

NEW QUESTION 46
In which sequence do you create the objects required for the SAP financial closing cockpit?

  • A. 1. Create task group
    2. Create task lists 3 Create tasks
    4. Release task lists
  • B. 1. Define closing periods
    2. Create task lists
    3. Release task lists
    4. Release closing periods
  • C. 1. Define task levels
    2. Create task group
    3. Release task levels
    4. Release task group
    1. Create template
    2. Create tasks
  • D. 3. Create task lists
    4. Release task lists

Answer: A

 

NEW QUESTION 47
What is One Exposure from Operations?

  • A. it is a standalone SAP NetWeaver system that handles Cash Operations integration.
  • B. It is a central data storage location that integrates data from Treasury and Risk Management, Cash and Liquidity Management Contract Accounting, and Financial Operations.
  • C. It is an ABAP report that shows the risk if the liquidity of the company will NOT meet short-term LJ financial demands with the current business Operation.
  • D. It is an SAP Fiori app that shows all the exposures of the company to foreign currency risk and interest risk.

Answer: B

 

NEW QUESTION 48
Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

  • A. The financial statement version for both types of ledgers
  • B. The fiscal year variant for the standard ledger
  • C. The posting period variant for the extension ledger
  • D. The valuation view for the extension ledger

Answer: B,C

 

NEW QUESTION 49
How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA? Note: There are 2 correct answers to this question.

  • A. Use the in-built BPC data extractor and upload template.
  • B. Store your planned data in the ACDOCA table.
  • C. Store your planned data in the ACDOCP table.
  • D. Use a BW planning cube and a preconfigured content workbook.

Answer: C,D

 

NEW QUESTION 50
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