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Download Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Exam Dumps

NEW QUESTION 21
You are performing a system conversion for a customer that uses classic general ledger with the accounts approach. What must you configure in SAP S/4HANA for local and international accounting standards in order to migrate the account values? There are 3 correct answers to this question.

A. Valuation Areas (FI)B. Standard ledgersC. Accounting PrinciplesD. Document typesE. Ledger Groups

Answer: A,C,E

 

NEW QUESTION 22
What is the maximum number of currency types that you can report on for a Ledger?

A. 0B. 1C. 2D. 3

Answer: B

 

NEW QUESTION 23
In your SAP S/4HANA system, ledger group LI is assigned to a US GAAP accounting principle. You want to assign ledger group to the LI to a separate depreciation areas that posts acquisition and production cost APC) and depreciation values. Which of the following limitations prevent you from making assignment?

A. One of the underlying ledgers is assigned to a fiscal year variant that has a different start/end date than the other ledgers.B. You assign transfer of APC values only from depreciation areas to which the same accounting principle is assigned.C. The US GAAP values need to be reported in USG-but-the company code currency is defined as L1 EUR.D. You use the accounts approach to parallel valuation and all accounting principles are assigned to a single ledger

Answer: B

 

NEW QUESTION 24
In controlling, what is a mandatory customizing step when convening a system to SAP S/4HANA?

A. Define profit center hierarchy.B. Migrate the material ledgerC. Create document type for CO postingsD. Activate account based CO-PA

Answer: D

 

NEW QUESTION 25
What function of cash management allows you to create historical versions of cash flows? Please choose the correct answer.

A. Reconcile cash flowsB. Cash poolingC. Release cash flowsD. Snapshot

Answer: D

 

NEW QUESTION 26
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