Pass SAP P_S4FIN_2020 Exam with Guarantee Updated 82 Questions [Q48-Q72]

4.5/5 - (2 votes)

Pass SAP P_S4FIN_2020 Exam with Guarantee Updated 82 Questions

Latest P_S4FIN_2020 Pass Guaranteed Exam Dumps Certification Sample Questions

NO.48 Which technologies help you decrease data volume in the SAP HANA database? There are 2 correct answer to this question.

Archiving

Aging

Indexing

Mirroring

NO.49 Which information will be migrated automatically during an SAP S/4HANA finance migration? There are
3 correct answers to this question.

Business partners customizing

Account balances

General ledger customizing

Material ledger customizing

Authorizations

NO.50 What is the purpose of the retraction workbook? Please choose the correct answer.

Retract planning data from ERP to BW

Retract planning data from ERP to BPC

Retract planning data from BPC to ERP

Retract planning data from BW to ERP

NO.51 In your system. You are creating a new company code that requires as additional standard ledger. Which statements apply to a standard ledger? There are 2 correct answer to this question.

It must be assigned to an underlying ledger.

If asset accounting is used, a depreciation area must be assigned.

It is always active on the system level for all company codes.

It will generate additional line items in ACDOCA for non-ledger-specific postings.

NO.52 Which of the following roles are delivered as business partner roles? Note: There are 3 correct answers to this question.

Banks

Distribution channels

Employees

Suppliers

Bank accounts

NO.53 For which Cases Can you Use SAP Product Lifecycle Costing? There are 2 correct answer to this question.

Preliminary cost estimates

Quotation costing

Sales order cost estimates

Standard price cost estimates

NO.54 A customer wants to store alternative values of a foreign currency valuation in an extension ledger.
What extension ledger type is needed for this purpose? Please choose the correct answer.

Simulation

Extension

Valuation

Prediction and commitments

NO.55 How can you retract planned data from SAP Business Planning and Consolidation for SAP S/4HANA to SAP S/4HANA? Note: There are 2 correct answers to this question.

Use a BW planning cube and a preconfigured content workbook.

Use the in-built BPC data extractor and upload template.

Store your planned data in the ACDOCA table.

Store your planned data in the ACDOCP table.

NO.56 Which type of extension ledger do you set up to record incoming sales orders for account-based profitability analysis? Please choose the correct answer.

Valuation

Extension

Prediction and commitments

Simulation

NO.57 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?

Hybrid

Public cloud

Private cloud

On-premise

NO.58 What is required to enable the payment approval process in cash operations? There are 3 correct answers to this question.

Create a rule for approvals

Create rule to require signature

Define a grouping method for the rule you defined

Define signature methods for approvals

Create scenario without approval

NO.59 Which objects do you migrate from SAP ERP to SAP S/4HANA? Note: There are 3 correct answers to this question.

House banks for new Bank Account Management.

Balances of accounts, customers, and vendors.

Data of costing-based profitability analysis

Master data such as assets and profit centers.

Accounting documents of financial accounting and controlling

NO.60 For which parameters can you define the minimum life to maintain documents in financial accounting for data aging? Note: There are 2 correct answers to this question.

Ledger group

Document number

Account type

Document type

NO.61 Which transaction types can be restricted to depreciation areas in new Asset Accounting? Note: There are 2 correct answers to this question.

Retirements

Transfers

Revaluation and new valuation

Investment support

NO.62 What does the Parallel Accounting Using G/ L Accounts indicator in ledger configuration allow you to do?

Assign 2 ledgers to 1 company code

Assign 2 or more Accounting principles to 1 Ledger

Assign 2 or more ledgers to 1 accounting principle

Assign 2 or more valuation areas to 1 company code

NO.63 Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting?
There are 3 correct answers to this question.

Close all fiscal years except the current one

Define depreciation area for all currency types

Activate Enterprise Extension EA-FIN

Define a technical clearing account for integrated acquisitions

Assign accounting principle to all depreciation areas

NO.64 The following ledgers are assigned to your company code in financial accounting. Standard ledgers A and B Extension ledger C with Standard ledger A as. Which ledgers are listed in the universal journal entry line items after you enter an incoming ivocie?

Standard ledger A
Extension ledger C

Standard ledger A
Standard ledger B

Extension ledger C
Standard ledger B

Extension ledger C
Standard ledger A

Standard ledger B

NO.65 What are the key components of the intelligent enterprise by SAP? There are 3 correct answers to this question

Intelligent Suite

Digital Platform

Seamless integration

Hybrid cloud

Intelligent Technologies

NO.66 How can you set up multiple valuations for transfer pricing in your SAP S/4HANA system? There are 2 correct answer to this question.

You can assign each valuation to a separate ledger

You can assign profit center, group and legal valuation to the same ledger

You can assign additional valuation to special led er(FI-SL).

You can assign additional valuation to the extension ledger

NO.67 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? Please choose the correct answer.

Add the app to a catalog and a group that are assigned to role Z_MANACC

Assign the app directly to role Z_MANACC

Activate the user parameter for PFCG (role maintenance) for role Z_MANACC

Activate the OData Service for role Z_MANACC which is assigned to according to the app according to the SAP Fiori apps reference library.

NO.68 At which level does the functional migration for finance data have to be performed?

Controlling area

Company code

Client

System

NO.69 In which sequence do you create the objects required for the SAP financial closing cockpit?

1. Create task group
2. Create task lists
3 Create tasks
4. Release task lists

1. Define task levels
2. Create task group
3. Release task levels
4. Release task group

1. Define closing periods
2. Create task lists
3. Release task lists
4. Release closing periods

1. Create template
2. Create tasks
3. Create task lists
4. Release task lists

NO.70 After the migration to SAP S/4HANA 1709, you notice in the currency configuration of the company code that the global currency has the “Currency Is Only Available In Controlling” indicator. What might be the cause of this? Note: There are 2 correct answers to this question.

Before the migration, the company code did NOT have any parallel currencies defined.

Before the migration, the group currency of the controlling area was defined as a parallel currency in the company code.

Before the migration, the company code was NOT linked to a controlling area.

The controlling area linked to the company code was defined with currency type 20.

NO.71 The customers and suppliers balances of the previous year are carried forward to the new year, but you did NOT run the SAPF010 program (Carry Forward Receivables/Payables) manually in accounts receivable or accounts payable. How was the customer and supplier balance carried forward? Please choose the correct answer.

Because balance carryforward was performed automatically due to postings to the subledgers in the new year

Because balance carryforward was performed for the leading ledger in general ledger

Because balance carryforward was carried out by the Reconcile Universal Journal Entry transaction since the reconciliation displayed NO error

Because balance carryforward was performed automatically when closing the previous year

NO.72 What are some features of actual costing in SAP S/4HANA? There are 2 correct answer to this question.

Reduced number of steps in the calculation cockpit

Selection of activity prices of other CO-version in the standard run

Simplified data structure with new table structure

Possibility of post-closing in the alternative valuation run (AVR)