[Dec-2021] SAP P_S4FIN_2020 DUMPS WITH REAL EXAM QUESTIONS
2021 New Actual4Labs P_S4FIN_2020 PDF Recently Updated Questions
NEW QUESTION 33
What function is delivered with business function EA-FIN to support SAP S/4HANA? Please choose the correct answer.
- A. Parallel depreciation areas
- B. Parallel ledgers
- C. Special valuations
- D. New Depreciation Engine
Answer: D
NEW QUESTION 34
You are migrating from classic Asset Accounting to new Asset Accounting as part of your SAP S/4HANA migration. Yon have created an additional depreciation area for group currency under the chart of depredation. What are the critical steps for fixed assets? Note: There are 3 correct answers to this question.
- A. Activate the new depreciation areas for the individual assets for the respective company codes.
- B. Update the depredation key for the new depreciation area.
- C. Activate the new depreciation areas for asset classes under the chart of depreciation.
- D. Manually recalculate depreciation for the new depreciation area.
- E. Update G/L accounts for the new depreciation area for the chart of depreciation.
Answer: C,D,E
NEW QUESTION 35
What happens during the migration activity Regenerate CDS Views and Field Mapping? Note: There are
2 correct answers to this question.
- A. The field mapping for the customer and vendor integration is created.
- B. The redirection of SELECT statements is generated.
- C. The customer-specific fields are included in the data migration procedure.
- D. The OData services for SAP Fiori integration are activated.
Answer: B,C
NEW QUESTION 36
Which transactions generate a prima nota entry in the system in addition to the universal journal entry? There are 2 correct answers to this question
- A. Assessment cycle of cost centers (KSUS)
- B. Post time sheet data to Controlling (CAT7)
- C. Settlement of internal order (K088)
- D. Post FI supplier invoice (FB70)
Answer: B,D
NEW QUESTION 37
Which values are stored in the universal journal (ACDOCA)? There are 2 correct answer to this question.
- A. Plan data
- B. Parallel currencies
- C. Actual costing results
- D. Transfer Prices
Answer: B,D
NEW QUESTION 38
You perform an SAP S/4HANA migration. Some of the company codes were NOT used for years and the data posted to these company codes is no longer legally equied. How do you handle these company codes?
- A. Migrate all company codes of the client.
- B. Migrate all company codes you selected in customizing.
- C. Migrate all company codes flagged as productive.
- D. Archive all data from unused company codes.
Answer: A
NEW QUESTION 39
You activate account-based CO-PA (Profitability Analysis) during migration. How is the system affected?
There are 3 correct answers to this question.
- A. Cost-based CO-PA can still be used in parallel.
- B. Historical data will be enriched with characteristics by derivation
- C. Characteristics will be added to the universal journal.
- D. Value fields will be added to the universal journal.
- E. Cost component split (COGS) can be configured in financial accounting
Answer: A,C,E
NEW QUESTION 40
In which of the possible scenarios can you indicate that an account is also a statistical cost elements?
There are 2 correct answer to this question.
- A. It is used as special reserve balance account in fixed asset accounting.
- B. It is used as inventory account in the material account assignment.
- C. It is used as balance sheet account in fixed asset accounting.
- D. It is used as a work in process (WIP) inventory account in the material account assignment.
Answer: C,D
NEW QUESTION 41
The screenshot displays how the depreciation areas of a chart of depreciation post, to the G/L By looking at the screenshot what can you learn about the company code and ledger configuration?
- A. There are no more than two ledger groups defined for the company code
- B. There are two currency types assigned to the company code.
- C. There are two ledgers posted during transaction processing.
- D. There is one extension ledger assigned to the leading ledger.
Answer: A
NEW QUESTION 42
Which of the following are phases in SAP Activate? Note: There are 3 correct answers to this question.
- A. Deploy
- B. Blueprint
- C. Explore
- D. Test
- E. Realize
Answer: A,C,E
NEW QUESTION 43
What SAP S/4HANA deployment option will cause the least business disruption for the average SAP end user?
- A. On Premise
- B. Cloud single-tenant
- C. Central finance
- D. Cloud multi-tenant
Answer: A
NEW QUESTION 44
What are the key components of the Intelligent Enterprise by SAP? There are 3 correct answer to this question.
- A. Hybrid Cloud
- B. Seamless integration
- C. Digital platform
- D. Intelligent technologies
- E. Intelligent suite
Answer: C,D,E
NEW QUESTION 45
What restriction apply when a new currency is introduced for productive company codes and ledgers? 2 correct answers
- A. Calculated values are NOT added to the ACDOCA
- B. New currency fields are NOT updated for existing data
- C. Reconciliation for entities in asset accounting is not included
- D. Archived data cannot be enriched with the new currency
Answer: C,D
NEW QUESTION 46
In a first step, you create an account with account type "secondary cost element" and cost element category "42" in controlling area A000 and company code 1010.In a second step, you change this account to cost category "43" in company code 1750, which is assigned to the same controlling area.
What is the effect in the system when you save this account? Please choose the correct answer.
- A. The cost element category in the account is also changed for company code 1010.
- B. This system brings up an error message and rejects the change
- C. The cost element category is different in the two company codes
- D. The user is asked which category will be used in the future
Answer: A
NEW QUESTION 47
You want to create a balance sheet and profit & loss statement on segment level. Which steps do you need to take in the system? There are 2 correct answers to this question.
- A. Define a clearing account
- B. Assign a segment to all G/L accounts
- C. Define a PA transfer structure
- D. Set the zero-balance indicator
Answer: A,D
NEW QUESTION 48
What can you do with asset accounting in SAP S/4HANA Finance? There are 3 correct answer to this question.
- A. Simultaneously post separate values by depreciation area.
- B. Assign separate settlement rules for depreciation areas.
- C. Post revenue for retirements by acquisition and production cost.
- D. Complete periodic acquisition and production cost adjustments postings.
- E. Define transaction types by depreciation area.
Answer: A,B,C
NEW QUESTION 49
During SAP S/4HANA conversion, why is it necessary to migrate balances for FI and CO?
- A. Because the system posts FI/CO documents for all missing line items by comparing them to the balance of the account
- B. Because all balances from the past years are stored in the universal journal
- C. Because the system displays an error if the sum of aggregated line items differs from the balance
- D. Because a delta between all line items and the balance of every account will be updated in the universal journal
Answer: D
NEW QUESTION 50
Which transactions generate a prima nota entry in the system in addition to the universal journal entry?
There are 2 correct answers to this question.
- A. Post time sheet data to Controlling (CAT7)
- B. Assessment cycle of cost centers (KSU5)
- C. Settlement of internal order (KO88)
- D. Post FI supplier invoice (FB60)
Answer: A,D
NEW QUESTION 51
What are some features of actual costing in SAP S/4HANA? There are 2 correct answer to this question.
- A. Possibility of post-closing in the alternative valuation run (AVR)
- B. Reduced number of steps in the calculation cockpit
- C. Simplified data structure with new table structure
- D. Selection of activity prices of other CO-version in the standard run
Answer: B,C
NEW QUESTION 52
In controlling, what is a mandatory customizing step when convening a system to SAP S/4HANA?
- A. Migrate the material ledger
- B. Activate account based CO-PA
- C. Create document type for CO postings
- D. Define profit center hierarchy.
Answer: B
NEW QUESTION 53
Which transaction types can be restricted to depreciation areas in new Asset Accounting? Note: There are 2 correct answers to this question.
- A. Transfers
- B. Revaluation and new valuation
- C. Retirements
- D. Investment support
Answer: B,D
NEW QUESTION 54
What are the features of the multi-valuation ledger for parallel valuation methods in SAP S/4HANA?
Note: There are 2 correct answers to this question.
- A. It utilizes separate amount columns in the same ledger.
- B. It is available only for new installations.
- C. It will NOT have any valuation view assigned to the ledger.
- D. It requires a non-leading ledger for parallel valuations.
Answer: A,C
NEW QUESTION 55
You maintain a Launchpad for users to which role Z MANACC is assigned. What do you need to do make an app available on the users Launchpad?
- A. Assign the app directly to role Z MANACC
- B. Activate the user parameter for PFCG (role maintenance) for role Z MANACC
- C. Add the app to a catalog and a group that are assigned to role Z MANACC
- D. Activate the OData Service for role Z MANACC which is assigned to the app according to the SAP Fiori apps reference library
Answer: C
NEW QUESTION 56
Which modules read and write line items of the universal journal (ACDOCA)? There are 3 correct answer to this question.
- A. Material ledger with actual costing
- B. Costing-based profitability analysis
- C. Cash management
- D. Public sector management
- E. Account-based profitability analysis
Answer: C,D,E
NEW QUESTION 57
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SAP S/4HANA Financials Professional Certification Exam Topics:
| Topic Areas | Topic Details, Courses, Books | Weighting |
|---|---|---|
| Conversion and Post-conversion Activities for Financials in SAP S/4HANA | Prepare views and master data for conversion and the conversion of transactions, the conversion of balances, and the post-conversion activities. S4F03 (SAP S/4HANA 2020) | > 12% |
| Financial Accounting Configuration in SAP S/4HANA | Describe the new master data maintenance model and explain the changes to authorizations. Describe the enhancement to Ledgers with the Universal Journal; customize and use the Extension Ledger functionality; configure and Use Document Splitting; post documents to Financial Accounting; perform closing operations, and explain Financial Accounting integration. S4F01 (SAP S/4HANA 2020) | > 12% |
| Management Accounting Configuration in SAP S/4HANA | Perform customizing for Management Accounting integration, configure and use the Material Ledger, explain integration of CO with materials management and integration of CO with sales and distribution, configure and use Profitability Analysis, and perform planning and budgeting for Management Accounting and period-end closing for Management Accounting. S4F02 (SAP S/4HANA 2020) | > 12% |
| Architecture Overview of Financials in SAP S/4HANA | Describe the technical components and architecture of financials in SAP S/4HANA, the Universal Journal Architecture, and analyse the Universal Journal Entry; outline the Simple Finance Solution. S4F01 (SAP S/4HANA 2020) | > 12% |
| Basics of SAP HANA, SAP S/4HANA and SAP Fiori | Explain the SAP HANA Architecture, the SAP S/4HANA solution and deployment, and SAP Fiori and the SAP UI strategy. S4F03 (SAP S/4HANA 2020) | < 8% |
| Asset Accounting Configuration in SAP S/4HANA | Outline the features of new Asset Accounting, compare the types of Asset Accounting (new, classic), configure new Asset Accounting, explain the new Asset Accounting posting logic, and perform day to day activities in new Asset Accounting and period end closing in new Asset Accounting. S4F01 (SAP S/4HANA 2020) | 8% - 12% |
| System Preparation and Configuration for Conversion of Financials in SAP S/4HANA | Run pre-conversion tests, perform customer-vendor integration, customize FI (including asset accounting) and CO for conversion S4F03 (SAP S/4HANA 2020) | > 12% |
Latest P_S4FIN_2020 Pass Guaranteed Exam Dumps Certification Sample Questions: https://www.actual4labs.com/SAP/P_S4FIN_2020-actual-exam-dumps.html