EMT Practice Test

1. Question Content...

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Question1: General Ledger Accounting
"How does SAP S/4HANA support the treatment of taxes?
Note: There are 3 correct answers to this question."

Question2: After you collect data in the Inter company Reconciliation tool,what are the next steps of the reconciliation process?

Question3: "Organizational Assignments and Process Integration "
"Ypu need to post customer invoices via interface from a non-SAP system. You want to define a new document type with a specific document number range that matches the document numbers of the source system.
How do you define the document number range?"

Question4: Overview and Deployment of SAP S/4HANA
"What is shared between all deployment options for SAP S/4HANA (Cloud, On-Premise)?
Note: There are 3 correct answers to this question."

Question5: Financial Closing
"You must run the foreign currency valuation for both US GAAP and IFRS, which leads to different value for the 2 different accounting principles.
How can you set this up in the system?"

Question6: Asset Accounting
"You are creating an asset master record by copying another asset, and you notice that the inventory number is copied over. Whih setting do you make on the screen layout maintenance page to ensure the inventory number is NOT copies over when you create new asset master vai copy?"

Question7: Overview and Deployment of SAP S/4HANA
"What are some features of SAP HANA?
Note: There are 2 correct answers to this question."

Question8: Asset Accounting
"What are the maintenace levels of a screen layout rule for asset master data?
Note: There are 3 correct answers to this question."

Question9: "Organizational Assignments and Process Integration "
"In your SAP S/4HANA system, you want to archive the G/L account that are not ised by the business in any company code.
What are prerequisities to archiving all data of a G/L account?
Note: There are 3 correct answers to this question"

Question10: Asset Accounting
"Which elements define the integration of asset acquisitions with the general ledger?
Note: There are 2 correct answers to this question."

Question11: General Ledger Accounting
"Besides using the profit center, which options dose General Ledger Accounting with document splitting provide to assign a segment to the posting line?
Note: there are 2 correct answers to this question."

Question12: Asset Accounting
"Which of the following should you consider when defining asset number ranges?
Note: There are 2 correct answers to this question."

Question13: Financial Closing
Which of the following is a technical year-end closing activity is SAP S/4HANA?

Question14: "Organizational Assignments and Process Integration "
"You are running an international business and you want to separate legal entities to run operations and perform accounting activities.
Which organizatinal unit do you need to create for each legal entity?"

Question15: Accounts Payable & Accounts Receivable
"Which of the following statemens best describe a noted item?
Note: There are 2 correct answers to this question"

Question16: Financial Closing
"You perform foreign currency valuation for open items of your supplier accounts. The valuations will be used only for period end reporting and should then be reversed.
What account does the system use to post the valuation differences?"

Question17: Asset Accounting
How can you perform transfers of asset between company codes with differet chart of depreciation?

Question18: Financial Closing
"Which statements best describe extension ledgers in SAP S/4HANA?
Note: There are 2 correct answers to this question."

Question19: Asset Accounting
"You are configuring asset-related postings of depreciation areas in Asset Accounting for a company code that uses the ledger approach to parallel valuation Which of the following settings would lead to an error?"

Question20: General Ledger Accounting
What does the document splitting functionality do?

Question21: Asset Accounting.
"You are starting the fiscal year-end process in Asset Accounting in SAP S/4 HANA.
What are the year-end closing program checks for Asset Accounting?
Note: There are 2 correct answers to this question"

Question22: Which field can you change on a posted invoice?

Question23: Which requirements do you need to fulfill to use data aging for Finance in the SAP S/4HANA system?
Note:There are 2 correct answers to this question.

Question24: Besides using the profit center, which options does General Ledger Accounting with document splitting provide to assign a segment to the posting line? Note: There are 2 correct answers to this question.

Question25: General Ledger Accounting
"When is it possible to set the open item management indicator in a general ledger account Note: There are 2 correct answers to this question"

Question26: Overview and Deployment of SAP S/4HANA
"What are key reasons for preferring a new implementation of SAP S/4HANA rather than a system conversion from SAP ERP?
Note: There are 2 correct answers to this question"

Question27: Asset Accounting
Which date is used to determine the depreciation start date?

Question28: Accounts Payable and Accounts Receivable
What dunning -related data do you maintain on the business partner master record? (3 correct answers)

Question29: "Organizational Assignments and Process Integration "
"You want to create substitution in Financial Accounting.
Which partsdo you have to define for each step of the substitution?
Note: There are 2 correcanswers to this question."

Question30: Asset Accounting
"You are responsible for implementing Asset Accounting. You are provided with the legacy data of various assets and their grouping information based on classifications, useful life, and depreciation terms.
What configuration step would you initiate to maintain these categories in SAP S/4HANA?"

Question31: Asset Accounting
How do you identify an asset master record as an asset under construction?

Question32: Financial Closing
"To use the SAP Financial Closing cockpit, which steps are required?
Note: There are 3 correct answers to this question"

Question33: General Ledger Accounting
"You have been asked to set up house banks as part of the implementation.
What information do you need?
Note: There are 3 correct answers to this question"

Question34: General Ledger Accounting
At what level is the bank master data stores in SAP S/4 HANA?

Question35: "Organizational Assignments and Process Integration "
"You want to define a validation for the combination of general ledger account and cost center.
For which call-up point do you define this validation?"