Most Recent SAP P_S4FIN_2023 Exam Questions & Answers

Prepare for the SAP Certified Professional - SAP S/4HANA Cloud Private Edition, Financials for SAP ERP exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the SAP P_S4FIN_2023 exam and achieve success.

The questions for P_S4FIN_2023 were last updated on Dec 21, 2024.

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Question No. 1

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. 2

What data for asset accounting is stored in the universal journal? Note: There are 2 correct answers to this question.

AActual depreciations of all depreciation areas that are set to post depreciation periodically

BActual depreciations of the controlling depreciation area used for management valuations

CAcquisition and production cost values of all depreciation areas that are assigned to an accounting principle

DAcquisition and production cost values of all depreciation areas that are defined as real depreciation areas

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Correct Answer: A, C

Question No. 3

Your customer has created a custom ABAP report in an SAP ERP system based on totalstable GLTO.How is this totals table treated in SAP S/4HANA to safeguard custom ABAP reporting programs?

AThe table GLTO has been removed and replaced by a compatibility view.

BThe table GLTO has been removed but its content has been added to table ACDOCA thanks to accompatibility view.

CThe table GLTO has been kept but a compatibility view has been generated to read its content.

DThe table GLTO has been archived but its content has been added to table ACDOCA thanks to a compatibility view.

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Correct Answer: A

Question No. 4

What is posted at the same time to both account-based and costing-based profitability analysis? Note: There are 2 correct answers to this question.

AActual revenue

BIncoming sales orders

CStandard cost of goods sold

DCO-PA valuated insurance costs

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Correct Answer: A, B

Question No. 5

Before conversion to SAP S/4HANA, which activities must be completed in the SAP ERP system for Asset Accounting? Note: There are 3 correct answers to this question.

ADefine depreciation areas for all currency types.

BActivate enterprise extension EA-FIN.

CDefine a technical clearing account for integrated acquisitions

DAssign accounting principles to all depreciation areas

EClose all fiscal years except the current one.

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Correct Answer: A, B, E

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