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SAP Certified Associate - SAP S/4HANA Cloud Private Edition, Financial Accounting Sample Questions:

1. At which levels can the print program its variant be assigned to the correspondence type? Note: There are 2 correct answers to this question.

A) Company code
B) Client
C) Company
D) System

2. You post an unplanned depreciation to an asset.
What is the effect on FI-AA FI-GL?

A) Posting is done in FI-AA in real time in FI-GL once the depreciation posting program has run.
B) Posting is done in FI-AA in FI-GL online in real time.
C) Posting is not done in FI-AA in FI-GL until the depreciation posting program has run.
D) Posting is done in FI-AA in real time in FI-GL once the periodic posting program has run.

3. How would you define Intercompany Matching Reconciliation (ICMR)? Note: There are 2 correct answers to this question.

A) It is a solution embedded in the SAP S/4HANA core.
B) It is a solution that requires the parallel implementation of SAP Group Reporting Data Collection.
C) It is a solution that can be integrated with Group Reporting.
D) It is a solution that facilitates transaction matching between systems in Central Finance.

4. The 3-way match is the stard procedure used to post procurement transactions in SAP S/4HAN How does it work?

A) The purchase order needs to be created in reference to a purchase request.
B) The invoice needs to be created in reference to the goods receipt.
C) The 3 logistical steps each generate financial documents.
D) The goods receipt needs to be created in reference to the purchase order.

5. You have activated the WBS Element (not related to Investment Management) as an account assignment for asset accounting with the parameters "balance sheet" "identical" active.
What are the consequences? Note: There are 2 correct answers to this question.

A) The WBS Element cannot be used anymore for settlement.
B) The WBS Element is available for input in the asset master record.
C) The WBS Element from the asset master data can be changed during planned depreciation posting.
D) The WBS Element can no longer be changed in the asset master record once the asset is capitalized.

Solutions: