SAP P_S4FIN_2023 Exam Questions - Real Practice Questions for Guaranteed Success

Question 1

In what system is it required to perform all system conversion steps to identify and solve conversion errors?

AProduction

BQuality Assurance

CSandbox

DDevelopment

Correct : B

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AProduction

BQuality Assurance

CSandbox

DDevelopment

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Question 2

What do you assign to a depreciation area in SAP S/4HANA asset accounting? Note: There are 2 correct answers to this question.

AA chart of depreciation

BA ledger account determination key

CAn alternative depreciation area

DAn accounting principle

Correct : C, D

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AA chart of depreciation

BA ledger account determination key

CAn alternative depreciation area

DAn accounting principle

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Question 3

Which ledger-specific configuration can you maintain at company code level? Note: There are 2 correct answers to this question.

AThe financial statement version for both types of ledgers

BThe fiscal year variant for the standard ledger

CThe valuation view for the extension ledger

DThe posting period variant for the extension ledger

Correct : B, D

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AThe financial statement version for both types of ledgers

BThe fiscal year variant for the standard ledger

CThe valuation view for the extension ledger

DThe posting period variant for the extension ledger

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Question 4

A fixed asset is to be posted in the new fiscal year. Which closing activity must be carried out for this?

ADepreciation for the new year must be recalculated (transaction AFAR).

BAll depreciation (transaction AFAB) up to that point must be posted.

CFiscal year change program must have been executed (transaction FAA_CMP).

DAll APC values must have been posted using report 'Periodic Asset Postings'.

Correct : C

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ADepreciation for the new year must be recalculated (transaction AFAR).

BAll depreciation (transaction AFAB) up to that point must be posted.

CFiscal year change program must have been executed (transaction FAA_CMP).

DAll APC values must have been posted using report 'Periodic Asset Postings'.

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Question 5

You want to sell products from stock. What do you need to maintain before you can analyze the cost of goods sold (COGS) subdivided by cost components in account-based CO-PA? Note: There are 2 correct answers to this question

AA cost splitting profile in general ledger accounting

BA settlement profile to control the settlement of cost portions

CA collection of primary cost elements to receive the cost portions

DAn extension ledger with type 'Line items with technical numbers'

Correct : A, C

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AA cost splitting profile in general ledger accounting

BA settlement profile to control the settlement of cost portions

CA collection of primary cost elements to receive the cost portions

DAn extension ledger with type 'Line items with technical numbers'

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Master SAP P_S4FIN_2023 Exam with Reliable Practice Questions

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