SAP P_S4FIN_2021 Exam Actual Questions

Name: SAP Certified Application Professional - Financials in SAP S/4HANA for SAP ERP Finance Experts (SAP S/4HANA 2021)
Brand: QA4Exam
SKU: P_S4FIN_2021
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The questions for P_S4FIN_2021 were last updated on Oct 1, 2024.

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Question No. 1

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'

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Correct Answer: A, C

Question No. 2

You run foreign currency valuation for both local and international GAAP. This leads to different values for the two different accounting principles. How can you set this up in the system?

ADefine two valuation methods and assign the accounting principles to the new valuation methods

BDefine a valuation area and an accounting principle with relevant links to ledgers.

CDefine two valuation areas and two accounting principles with relevant links to ledgers.

DDefine a valuation area and ledger group for two ledgers to link with the new valuation area

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Correct Answer: C

Question No. 3

Which object acts as a data source for Cash Management (Cash Flow Analyzer) in SAP S/4HANA?

AMemo records

BPayment methods

CRecord types

DPayment terms

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Correct Answer: B

Question No. 4

You are converting your system to SAP S/4HANA.Which functionality became obsolete in S/4HANA in Asset Accounting and needs to be migrated before conversion?

ADepreciation areas for parallel currencies

BNon-posting depreciation areas

CYear-end closing

DInsurance values in the asset master records

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Correct Answer: D

Question No. 5

Your company code is configured with three depreciation areas that post in real time The

company is configured to update company code and group currency types. How many documents are

posted when you post a partial scrapping for a single depreciation area?

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Correct Answer: D

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