P-S4FIN-1909 Practice Test Questions Updated 165 Questions

SAP P-S4FIN-1909 Dumps - Secret To Pass in First Attempt

NEW QUESTION 95
What do you configure to enable the automatic creation of a vendor when you create a business partner? There are 2 correct answers to this question.

• A. The incoterms for vendors
• B. The customer/vendor integration interface
• C. The business partner grouping key
• D. The partner functions for vendors

Answer: B,C

 

NEW QUESTION 96
What are possible post-migration activities for SAP S/4HANA migration projects? Note: There are 2 correct answers to this question.

• A. Transfer archived documents into ACDOCA.
• B. Calculate the net due date and discount due dates for open items
• C. Fill offsetting accounts in financial documents.
• D. Update the open items through data aging.

Answer: B,C

 

NEW QUESTION 97
Which objects do you migrate from SAP ERP to SAP S/4HANA? There are 3 correct answers to this question.

• A. House banks for new Bank Account Management.
• B. Data of costing-based profitability analysis.
• C. Master data such as assets and profit centers.
• D. Balances of accounts, customers, and vendors.
• E. Accounting documents of financial accounting and controlling.

Answer: A,D,E

 

NEW QUESTION 98
Which account assignments can you use to classify line items posted into different source assignments for revenue recognitions? There are 3 correct answers to this question.

• A. G/L accounts.
• B. Cost element categories.
• C. Value field.
• D. Billing condition types.
• E. Profit center.

Answer: A,B,D

 

NEW QUESTION 99
Which objects do you need to configure in SAP S/4HANA after a conversion from classic G/L to SAP S/4HANA? There are 2 correct answer to this question.

• A. Accounting principle
• B. Currency type
• C. Valuation area
• D. Document type

Answer: A,C

 

NEW QUESTION 100
If you use the ledger approach, which customization settings must you apply for new Asset Account? Note:
There are 2 correct answers to these questions.

• A. Set reconciliation account for parallel valuation (non-leading ledger).
• B. Define a technical clearing account for integrated asset acquisitions.
• C. Assign an accounting principle to every depreciation area.
• D. Assign a controlling version to each depreciation area.

Answer: B,C

 

NEW QUESTION 101
What must always be activated after the installation of SAP S/4HANA?

• A. Credit management.
• B. Material ledger.
• C. Profit center accounting.
• D. Transfer prices.

Answer: B

 

NEW QUESTION 102
If you use the ledger approach, which customization settings must you apply for new Asset Account?
There are 2 correct answers to these questions.

• A. Set reconciliation account for parallel valuation (non-leading ledger).
• B. Define a technical clearing account for integrated asset acquisitions.
• C. Assign an accounting principle to every depreciation area.
• D. Assign a controlling version to each depreciation area.

Answer: B,C

 

NEW QUESTION 103
On what level can you assign a fiscal year variant to a company code? Please choose the correct answer.

• A. Depreciation area
• B. Ledger
• C. Accounting principle
• D. Valuation area

Answer: B

 

NEW QUESTION 104
Your system currently does NOT use business partners (BP). The master data for suppliers and vendors and the defined account groups are NOT connected and are handled by separate departments. When preparing for integration, what do you have to create?

• A. Create a BP grouping for each customer and vendor account group.
• B. Create a BP role for each customer and vendor account group.
• C. Create a BP type for each industry category in the customer/vendor accounts.
• D. Create a BP category for each legal form maintained for customers/vendors.

Answer: A

 

NEW QUESTION 105
Your customer wants a new ERP solution and is looking at the SAP S/4HANA software. The customer has a skilled in-house IT team that they want to upskill and keep moving the forward. They want maintain a filly customizable solution without completely disrupting their current processes. Which SAP S/4HANA solution will you propose?

• A. Hybrid.
• B. On-premise.
• C. Private cloud.
• D. Public cloud.

Answer: B

 

NEW QUESTION 106
What system configuration in your customers current SAP ERP system will have a major effect on the duration and complexity of a system conversion to SAP S/4HANA? Please choose the correct answer.

• A. The system has document splitting activated for all company codes.
• B. The customers use the accounts approach for parallel accounting.
• C. The customer does NOT use business partners to manager customers and suppliers.
• D. The system uses classic asset accounting to manage fixed assets.

Answer: D

 

NEW QUESTION 107
You migrate 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? Note: There are 3 correct answers to this question.

• A. Activate new Asset Accounting.
• B. Perform G/L customizing for migration.
• C. Post required documents in FI and CO.
• D. Run balance sheets and G/L account balances.
• E. Start the RAPERB2000 asset report.

Answer: C,D,E

 

NEW QUESTION 108
What data is migrated during system conversion? Please choose the correct answer.

• A. Only company codes flagged as productive with all years
• B. All company codes with all data of all years.
• C. All company codes for the years you specify
• D. Only company codes and years selected in the customizing for migration

Answer: B

 

NEW QUESTION 109
You perform planning in SAP Business Planning and Consolidation for SAP S/4HANA. Why do you retract the plan data from SAP Business Planning and Consolidation for SAP SI4HANA and return it to the standard planning tables? Note: There are 2 correct.

• A. To prepare for financial consolidation
• B. To perform availability
• C. To use standard SAP GUI plan/actual reporting
• D. To perform planning allocation

Answer: C,D

 

NEW QUESTION 110
Your customer is implementing a new installation of SAP S/4HANA.
Which of the following technical components must be installed?

• A. SAP Fiori for SAP S/4HANA.
• B. SAP S/4HANA, embedded Business Warehouse.
• C. SAP NetWeaver Application Server.
• D. SAP Business Planning and Consolidation for SAP S/4HANA.

Answer: C

 

NEW QUESTION 111
For which account assignment can you perform realignment in the universal journal? There are 2 correct answers to this question.

• A. Customer group.
• B. Sales region.
• C. Functional area.
• D. Profit center.

Answer: A,B

 

NEW QUESTION 112
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 added in BSEG without a corresponding line item in ACDOCA.
• B. There can be a line item in BSEG without a corresponding document in BKPF.
• C. There can be a line item in ACDOCA without a corresponding line item in BKPF.
• D. There can be a line item in ACDOCA without a corresponding line item in BSEG.

Answer: C,D

 

NEW QUESTION 113
Which of the following front-end clients can you NOT use for SAP Business Planning and Consolidation (BCP) Optimized for SAP S/4HANA Finance?

• A. SAP BusinessObjects Analysis for Microsoft Office.
• B. SAP Business Client.
• C. SAP GUI.
• D. SAP Fiori.

Answer: C

 

NEW QUESTION 114
Which modules remain unchanged after the migration to SAP S/4HANA? There are 3 correct answers to this question.

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

Answer: A,C,D

 

NEW QUESTION 115
Your customer creates full balance sheets on profit center level. You transfer costs between cost centers within the company code and the profit center changes. Which accounts are displayed in the G/L view?

• A. G/L account defined in real-time-integration CO-FI Zero-balance clearing account
• B. G/L account defined in real-time-integration CO-FI Original cost account
• C. G/L account defined in reconciliation ledger Zero-balance clearing account
• D. Original cost account Zero-balance clearing account

Answer: D

 

NEW QUESTION 116
Cost of goods sold (COGS) split functionality is available in account-based COPA.
Which settings are necessary? There are 2 correct answers to this question.

• A. Characteristic values and characteristic groups must be maintained.
• B. Operating concern currency must be determined.
• C. Cost elements must be mapped to cost components.
• D. The corresponding cost elements must exist in the chart of accounts.

Answer: C,D

 

NEW QUESTION 117
What conversion preparation step can be executed only after installing SAP S/4HANA? Please choose the correct answer.

• A. Maintenance planner
• B. Check customizing settings prior to migration
• C. Simplification item check
• D. SAP readiness check

Answer: B

 

NEW QUESTION 118
Which of the following reports are obsolete and deleted? There are 4 correct answers to this question.

• A. Fiscal Year Change: RAJAWEOO
• B. Post depreciation: RAPOSTxxxx
• C. Reconciliation postings: RAABSTxxxx
• D. Post depreciation: FAA_DEPRECIATION_POST
• E. Periodic APC postings: RAPERBxxxx

Answer: A,B,C,E

 

NEW QUESTION 119
What is posted at the same time to both account-based and costing-based profitability analysis? There are 2 correct answer to this question.

• A. Incoming sales orders
• B. Actual revenue
• C. Standard cost of goods sold
• D. Actual cost of goods sold

Answer: B,D

 

NEW QUESTION 120
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SAP P-S4FIN-1909 Exam Syllabus Topics:

Topic	Details
Topic 1	Basics of SAP HANA, SAP S/4HANA and SAP Fiori Outline the features of new Asset Accounting
Topic 2	Explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment Asset Accounting Configuration in SAP S/4HANA
Topic 3	Configure and use the Material Ledger Describe the technical components and architecture of financials in SAP S/4HANA
Topic 4	Conversion of balances, and the post-conversion activities Management Accounting Configuration in SAP S/4HANA
Topic 5	Prepare views and master data for conversion and the conversion of transactions Conversion and Post-conversion Activities for Financials in SAP S/4HANA
Topic 6	Explain the new Asset Accounting posting logic explain the new Asset Accounting posting logic
Topic 7	SAP Fiori and the SAP UI strategy Financial Accounting Configuration in SAP S/4HANA

SAP P-S4FIN-1909 Exam Description:

The 'SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 1909)' certification exam validates a candidate's ability to independently prepare, setup and lead an implementation project of Financials in SAP S/4HANA. The candidate should have experience in implementing Financial Accounting and Management Accounting of at least 5 years. In addition, the candidate should understand the differences and innovations in architecture, configuration, and business process execution with SAP S/4HANA. Finally, the candidate will be able to perform all the preparation and execution steps of a project to convert an SAP ERP system to SAP S/4HANA. The core of the knowledge required for successfully passing the certification exam is in the SAP Education curriculum (course, course book including the notes), however the exam scope extends beyond what is explicitly within the content of the materials. In addition, the materials themselves assume an advanced level of familiarity with the implementation, configuration, and execution of SAP Finance business processes with the SAP ERP application. This certificate proves that the candidate has the overall understanding and skills required to be a qualified supervisor of the team performing the implementation of Financials in SAP S/4HANA. The candidate also has all required capabilities to act as an application consultant and team member himself/herself.

 

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