QuizUN
1. Question Content...
EXPLANATION
Answer: X - EXPLANATION Content.
Question1: Which of the following objects is only a statistical account assignment for cost postings to an asset?
Question2: You are trying to extend a G/L account to a new company code but are getting an error for incomplete data.All customizable fields have been set to option in the field status.Which fields must you always maintain when extending a G/L account? Note: There are 2 correct answers to this question.
Question3: Your company follows IFRS accounting principles and needs to issue a full financial statement for its two main divisions "Consumer Products" & "Professional Products".What do you need to achieve segment reporting in this scenario? Note: There are 3 correct answers to this question.
Question4: Which of the following currency types can be defined for a specific ledger? Note: There are 3 correct answers to this question.
Question5: You post a vendor invoice for asset acquisition without reference to a purchase order. Which accounting documents are generated?
Question6: Which fields are maintained on the chart of accounts level of a G/L account? Note: There are 3 correct answers to this question.
Question7: Your company based in France has a permanent establishment in Switzerland where financial statements are required by law.Which organizational unit do you need to create for the permanent establishment in Switzerland?
Question8: You are implementing the Financial Closing Cockpit for your organization.What are the advantages of defining task groups? Note: There are 2 correct answers to this question.
Question9: You run the balance carry forward for your company code. When looking at the log you see there is an error with regards to Asset Accounting.What is the cause of the error?
Question10: You notice that in the entry view of a document you have fewer items than in the general ledger view.What is the reason for this?
Question11: What can you achieve with the legacy data transfer in Asset Accounting via transaction AS91?
Question12: 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?
Question13: The 3-way match is the standard procedure used to post procurement transactions in SAP S/4HANA. How does it work?
Question14: What is the role of the valuation method in the foreign currency valuation? Note: There are 3 correct answers to this question.
Question15: You are posting a general journal entry for your company code. After posting the entry, you notice the document number is in the wrong number range.After reversing the document, what do you need to change when reposting the document?
Question16: You want to prepare a consolidated financial report for your corporate group consisting of 15 legal entities.You have 10 company codes defined in your S S/4HANA system in a single client. The others use separate legacy systems.How many companies should you define in your SAP S/4HANA system to accommodate the consolidation scenario?
Question17: How does the system determine the relevant accounting principle when performing foreign currency valuation?
Question18: On which levels can you define the technical clearing account for Integrated Asset Acquisition in Customizing? Note: There are 2 correct answers to this question.
Question19: You perform the depreciation run for your assets. For a specific asset, you would like to post the depreciation costs to a different cost center than the one specified in the asset master data.How do you achieve this?
Question20: What are some SAP recommended guiding principles to achieve clean core operations? Note: There are 3 correct answers to this question.
Question21: What are characteristics of depreciation area 01? Note: There are 2 correct answers to this question.
Question22: You need to explain the concept of noted items in SAP S/4HANA.Which characteristics are specific to noted items? Note: There are 3 correct answers to this question.
Question23: You post an unplanned depreciation to an asset. What is the effect on FI-AA and FI-GL?
Question24: Which SAP Fiori apps can be run on any database? Note: There are 2 correct answers to this question.
Question25: You notice that the GR/IR account does not have a zero balance.What could be the cause? Note: There are 2 correct answers to this question.
Question26: You are entering a credit memo in Financial Accounting and are wondering why the entered payment terms are being ignored.What are the reasons? Note: There are 2 correct answers to this question.
Question27: You try to assign an alternative account to a G/L account but receive an error message. What can be the reason?
Question28: Which of the following can you use to explore released APIs?
Question29: Which currency types are defaulted in SAP S/4HANA? Note: There are 2 correct answers to this question.
Question30: What can you control with the reason code in Accounts Receivable? Note: There are 3 correct answers to this question.
Question31: Which of the following API types does SAP recommend to use to achieve clean core integrations? Note:There are 2 correct answers to this question.
Question32: Which items are taken into account during foreign currency valuation? Note: There are 2 correct answers to this question.
Question33: Which of the following organizational elements can be shared by several company codes? Note: There are 3 correct answers to this question.
Question34: In the standard sales process, when is the COGS posting generated in Financial Accounting?
Question35: You run a financial statement report and notice the net profit calculated is different than what you expect.What could cause the issue? Note: There are 2 correct answers to this question.
Question36: You have cleared a customer open item but want to undo this action.What are the available options? Note: There are 2 correct answers to this question.