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P_S4FIN_2021 Exam Certification Details:Languages:German, EnglishExam:80 questionsSample Questions: SAP P_S4FIN_2021 Exam Sample Question Level:Professional

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SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts Sample Questions (Q70-Q75):

NEW QUESTION # 70
What must you create before you can record commitments in the universal journal?

A. Extension ledgerB. Statistical cost elementsC. Document typeD. Tolerance profile

Answer: A


NEW QUESTION # 71
With SAP S/4HANA simplified logistics, which of the following are relevant to the material ledger? Note:
There are 2 correct answers to this question.

A. The migration of material ledger is NOT required if SAP S/4HANA Finance is already used in the legacy system.B. The migration of material ledger is required when SAP S/4HANA Finance is already used in the legacy system.C. The material ledger with actual costing requires a periodic costing run to update inventory values.D. The material ledger uses the currencies defined in both the leading and non-leading ledgers.

Answer: B,C


NEW QUESTION # 72
Your customer has an SAP ERP system with classic G/L accounting and wants to convert to SAP S/4HANA as soon as possible during the current fiscal year. Which limitations apply in SAP S/4HANA?
There are 3 correct answer to this question.

A. You must use accounts approach to parallel valuation.B. You cannot configure and activate document splitting.C. You must configure profit center and segment accounting.D. You must define valuation areas for foreign currency valuation.E. You cannot continue to use the consolidation staging ledger.

Answer: B,C,E


NEW QUESTION # 73
In which cases can you use a transfer price for goods movement in parallel valuation? Note: There are 2 correct answers to this question.

A. Between two accounting principlesB. Between two profit centersC. Between two company codesD. Between two storage locations

Answer: B,C


NEW QUESTION # 74
What system configuration in your customers current SAP ERP system will have a major effect on the duration and complexity of the system conversion to S/4HANA?

A. The system has document splitting activated for all company codesB. The customers uses the accounts approach for parallel accounting.C. The system uses classic asset account to manage fixed assetsD. The customer does NOT use business partners to manage customers and suppliers

Answer: C


NEW QUESTION # 75
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